Renjie Oldsichuan Catering Management Consultant Co., Ltd.
Renjie Oldsichuan Catering Management Consultant Co., Ltd. engages in the restaurant business in Taiwan. The company provides spicy hot pots. It also engages in the catering food sale business. The company was founded in 1996 and is based in Kaohsiung, Taiwan.
Renjie Oldsichuan Catering Management Consultant Co., Ltd. (2741) - Net Assets
Latest net assets as of June 2025: NT$623.47 Million TWD
Based on the latest financial reports, Renjie Oldsichuan Catering Management Consultant Co., Ltd. (2741) has net assets worth NT$623.47 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.10 Billion) and total liabilities (NT$475.27 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$623.47 Million |
| % of Total Assets | 56.74% |
| Annual Growth Rate | 0.19% |
| 5-Year Change | 3.42% |
| 10-Year Change | N/A |
| Growth Volatility | 2.64 |
Renjie Oldsichuan Catering Management Consultant Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Renjie Oldsichuan Catering Management Consultant Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Renjie Oldsichuan Catering Management Consultant Co., Ltd. (2019–2024)
The table below shows the annual net assets of Renjie Oldsichuan Catering Management Consultant Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$686.10 Million | -1.89% |
| 2023-12-31 | NT$699.31 Million | +3.50% |
| 2022-12-31 | NT$675.64 Million | +3.40% |
| 2021-12-31 | NT$653.44 Million | -1.51% |
| 2020-12-31 | NT$663.43 Million | -2.36% |
| 2019-12-31 | NT$679.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Renjie Oldsichuan Catering Management Consultant Co., Ltd.'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 44.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$167.72 Million | 24.45% |
| Common Stock | NT$225.88 Million | 32.92% |
| Other Components | NT$292.50 Million | 42.63% |
| Total Equity | NT$686.10 Million | 100.00% |
Renjie Oldsichuan Catering Management Consultant Co., Ltd. Competitors by Market Cap
The table below lists competitors of Renjie Oldsichuan Catering Management Consultant Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artroniq Berhad
KLSE:0038
|
$6.99 Million |
|
PAKERS.Co.Ltd
KQ:065690
|
$6.99 Million |
|
Fatfish Group Limited
PINK:FFTTF
|
$6.99 Million |
|
LQR House Inc
NASDAQ:YHC
|
$6.99 Million |
|
Asia Metal Public Company Limited
BK:AMC
|
$6.99 Million |
|
Grow Capital Inc
PINK:GRWC
|
$6.99 Million |
|
Aalborg Boldspilklub A/S
CO:AAB
|
$6.98 Million |
|
Itera ASA
OL:ITERA
|
$6.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renjie Oldsichuan Catering Management Consultant Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 699,314,000 to 686,104,000, a change of -13,210,000 (-1.9%).
- Net income of 50,272,000 contributed positively to equity growth.
- Dividend payments of 67,765,000 reduced retained earnings.
- Other comprehensive income decreased equity by 138,859,000.
- Other factors increased equity by 143,142,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$50.27 Million | +7.33% |
| Dividends Paid | NT$67.77 Million | -9.88% |
| Other Comprehensive Income | NT$-138.86 Million | -20.24% |
| Other Changes | NT$143.14 Million | +20.86% |
| Total Change | NT$- | -1.89% |
Book Value vs Market Value Analysis
This analysis compares Renjie Oldsichuan Catering Management Consultant Co., Ltd.'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: 0.89x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$30.39 | NT$26.80 | x |
| 2020-12-31 | NT$29.47 | NT$26.80 | x |
| 2021-12-31 | NT$28.93 | NT$26.80 | x |
| 2022-12-31 | NT$29.76 | NT$26.80 | x |
| 2023-12-31 | NT$30.81 | NT$26.80 | x |
| 2024-12-31 | NT$30.24 | NT$26.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renjie Oldsichuan Catering Management Consultant Co., Ltd. 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): 7.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.17%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.74x
- Recent ROE (7.33%) is below the historical average (12.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 22.52% | 0.00% | 0.00x | 1.54x | NT$85.05 Million |
| 2020 | 8.98% | 7.22% | 0.78x | 1.59x | NT$-6.79 Million |
| 2021 | 9.34% | 8.55% | 0.65x | 1.67x | NT$-4.33 Million |
| 2022 | 13.76% | 10.69% | 0.72x | 1.78x | NT$25.38 Million |
| 2023 | 12.06% | 8.65% | 0.82x | 1.70x | NT$14.40 Million |
| 2024 | 7.33% | 5.17% | 0.82x | 1.74x | NT$-18.34 Million |
Industry Comparison
This section compares Renjie Oldsichuan Catering Management Consultant Co., Ltd.'s net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $2,353,885,000
- Average return on equity (ROE) among peers: 4.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renjie Oldsichuan Catering Management Consultant Co., Ltd. (2741) | NT$623.47 Million | 22.52% | 0.76x | $6.99 Million |
| An-Shin Food Services Co Ltd (1259) | $4.57 Billion | 3.55% | 0.00x | $16.81 Million |
| Hi-Lai Foods Co Ltd (1268) | $1.85 Billion | 7.03% | 2.40x | $46.94 Million |
| Kanpai Co., Ltd (1269) | $952.79 Million | 1.80% | 1.67x | $15.70 Million |
| Gourmet Master Co Ltd (2723) | $6.27 Billion | 9.15% | 0.41x | $191.36 Million |
| Yummy Town Cayman Holdings (2726) | $688.49 Million | 5.65% | 1.58x | $3.08 Million |
| Wowprime Corp (2727) | $3.61 Billion | 10.83% | 3.01x | $482.98 Million |
| TTFB Co Ltd (2729) | $2.59 Billion | 13.60% | 1.18x | $75.52 Million |
| Mr. Onion (2740) | $196.16 Million | -31.10% | 0.26x | $4.80 Million |
| KINGZA International CO.,Ltd. (2751) | $455.88 Million | 17.78% | 1.00x | $11.34 Million |