HOYA Resort Hotel Group
HOYA Resort Hotel Group operates hotels, resorts, and spas in Taiwan. The company also provides event packages to various company groups for events, such as staff trips, conferences, gatherings, and others. HOYA Resort Hotel Group was founded in 2008 and is based in Taitung, Taiwan.
HOYA Resort Hotel Group (2736) - Net Assets
Latest net assets as of September 2025: NT$1.48 Billion TWD
Based on the latest financial reports, HOYA Resort Hotel Group (2736) has net assets worth NT$1.48 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.45 Billion) and total liabilities (NT$973.00 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.48 Billion |
| % of Total Assets | 60.3% |
| Annual Growth Rate | 0.14% |
| 5-Year Change | 4.37% |
| 10-Year Change | N/A |
| Growth Volatility | 4.78 |
HOYA Resort Hotel Group - Net Assets Trend (2017–2024)
This chart illustrates how HOYA Resort Hotel Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HOYA Resort Hotel Group (2017–2024)
The table below shows the annual net assets of HOYA Resort Hotel Group from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.32 Billion | +8.21% |
| 2023-12-31 | NT$1.22 Billion | +2.80% |
| 2022-12-31 | NT$1.18 Billion | +2.45% |
| 2021-12-31 | NT$1.16 Billion | -8.43% |
| 2020-12-31 | NT$1.26 Billion | +0.69% |
| 2019-12-31 | NT$1.25 Billion | -2.14% |
| 2018-12-31 | NT$1.28 Billion | -1.83% |
| 2017-12-31 | NT$1.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HOYA Resort Hotel Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 59.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$141.90 Million | 11.28% |
| Other Components | NT$1.12 Billion | 88.72% |
| Total Equity | NT$1.26 Billion | 100.00% |
HOYA Resort Hotel Group Competitors by Market Cap
The table below lists competitors of HOYA Resort Hotel Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spyrosoft Spólka Akcyjna
F:2NP
|
$23.94 Million |
|
Highlands REIT Inc
OTCGREY:HHDS
|
$23.95 Million |
|
TERACT EO 1
F:6O8
|
$23.95 Million |
|
Cipherlab Co Ltd
TWO:6160
|
$23.95 Million |
|
Tidehold Development Co Ltd
TW:9902
|
$23.93 Million |
|
Canagold Resources Ltd
OTCQB:CRCUF
|
$23.92 Million |
|
Whitestone Group
BR:ROCK
|
$23.91 Million |
|
IGLOO SECURITY Inc
KQ:067920
|
$23.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HOYA Resort Hotel Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,141,165,000 to 1,257,680,000, a change of 116,515,000 (10.2%).
- Net loss of 98,085,000 reduced equity.
- New share issuances of 200,000,000 increased equity.
- Other comprehensive income increased equity by 63,075,000.
- Other factors decreased equity by 48,475,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-98.08 Million | -7.8% |
| Share Issuances | NT$200.00 Million | +15.9% |
| Other Comprehensive Income | NT$63.08 Million | +5.02% |
| Other Changes | NT$-48.48 Million | -3.85% |
| Total Change | NT$- | 10.21% |
Book Value vs Market Value Analysis
This analysis compares HOYA Resort Hotel Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.61x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.48x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$26.62 | NT$12.75 | x |
| 2018-12-31 | NT$26.13 | NT$12.75 | x |
| 2019-12-31 | NT$25.07 | NT$12.75 | x |
| 2020-12-31 | NT$25.22 | NT$12.75 | x |
| 2021-12-31 | NT$23.12 | NT$12.75 | x |
| 2022-12-31 | NT$23.23 | NT$12.75 | x |
| 2023-12-31 | NT$22.84 | NT$12.75 | x |
| 2024-12-31 | NT$20.97 | NT$12.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HOYA Resort Hotel Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.46%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.92x
- Recent ROE (-7.80%) is below the historical average (-1.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -0.82% | -1.64% | 0.29x | 1.74x | NT$-141.05 Million |
| 2018 | -2.38% | -4.94% | 0.28x | 1.71x | NT$-158.42 Million |
| 2019 | -0.52% | -0.94% | 0.28x | 1.99x | NT$-131.79 Million |
| 2020 | 0.69% | 1.38% | 0.26x | 1.96x | NT$-117.40 Million |
| 2021 | -2.95% | -6.90% | 0.22x | 1.99x | NT$-149.55 Million |
| 2022 | 1.02% | 2.00% | 0.27x | 1.89x | NT$-104.27 Million |
| 2023 | -1.74% | -3.76% | 0.24x | 1.91x | NT$-134.01 Million |
| 2024 | -7.80% | -25.46% | 0.16x | 1.92x | NT$-223.85 Million |
Industry Comparison
This section compares HOYA Resort Hotel Group's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $3,129,930,222
- Average return on equity (ROE) among peers: 3.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HOYA Resort Hotel Group (2736) | NT$1.48 Billion | -0.82% | 0.66x | $23.94 Million |
| Hotel Holiday Garden (2702) | $2.76 Billion | -5.58% | 2.12x | $17.89 Million |
| Ambassador Hotel Ltd (2704) | $8.94 Billion | 3.99% | 0.36x | $189.03 Million |
| Leofoo Development Co Ltd (2705) | $4.83 Billion | -2.03% | 2.24x | $71.93 Million |
| Formosa International Hotels Corp (2707) | $4.97 Billion | 16.35% | 0.34x | $319.20 Million |
| My Humble House Hospitality Management Consulting Co Ltd (2739) | $1.69 Billion | 19.09% | 0.98x | $31.43 Million |
| FDC International Hotels Corp (2748) | $705.77 Million | 14.97% | 1.88x | $51.81 Million |
| Shihlin Development Company Limited (5324) | $1.77 Billion | -5.78% | 3.69x | $34.54 Million |
| Lealea Hotels & Resorts Co., Ltd. (5364) | $341.25 Million | -9.87% | 1.94x | $8.01 Million |
| Landis Taipei Hotel Co Ltd (5703) | $2.17 Billion | -1.43% | 0.00x | $12.45 Million |