Bausen Inc.
Bausen Inc. engages in the wholesale and retail of wood furniture, flooring, and interior decoration building materials in Taiwan and internationally. The company offers engineered, laminate, and composite flooring products under the Artisan Hardwood brand; and hardwood flooring products under the Villa Blanca brand name. It also operates wholesale and retail stores, which offer flooring, floor c… Read more
Bausen Inc. (2948) - Net Assets
Latest net assets as of December 2024: NT$1.06 Billion TWD
Based on the latest financial reports, Bausen Inc. (2948) has net assets worth NT$1.06 Billion TWD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.33 Billion) and total liabilities (NT$1.27 Billion). 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$1.06 Billion |
| % of Total Assets | 45.67% |
| Annual Growth Rate | 34.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.22 |
Bausen Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Bausen Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bausen Inc. (2020–2024)
The table below shows the annual net assets of Bausen Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.06 Billion | +4.82% |
| 2023-12-31 | NT$1.01 Billion | +37.96% |
| 2022-12-31 | NT$735.59 Million | +41.81% |
| 2021-12-31 | NT$518.71 Million | +57.66% |
| 2020-12-31 | NT$329.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bausen Inc.'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 grown by 107.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$234.31 Million | 22.03% |
| Common Stock | NT$300.00 Million | 28.20% |
| Other Components | NT$529.45 Million | 49.77% |
| Total Equity | NT$1.06 Billion | 100.00% |
Bausen Inc. Competitors by Market Cap
The table below lists competitors of Bausen Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magna Finance Tbk
JK:MGNA
|
$9.61 Million |
|
exax Inc
KQ:060230
|
$9.61 Million |
|
Murray & Roberts Holdings Limited
PINK:MURSF
|
$9.62 Million |
|
IRLAB THERAP. AB A
F:6IRA
|
$9.62 Million |
|
ZINC MEDIA GR. LS -00125
F:YE42
|
$9.61 Million |
|
Moadata Co. Ltd.
KQ:288980
|
$9.61 Million |
|
PT Surya Esa Perkasa Tbk
STU:71S
|
$9.61 Million |
|
Swiftmerge Acquisition Corp
NASDAQ:IVCP
|
$9.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bausen Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,014,848,000 to 1,063,754,000, a change of 48,906,000 (4.8%).
- Net income of 65,594,000 contributed positively to equity growth.
- Dividend payments of 72,800,000 reduced retained earnings.
- Other comprehensive income decreased equity by 63,711,000.
- Other factors increased equity by 119,823,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$65.59 Million | +6.17% |
| Dividends Paid | NT$72.80 Million | -6.84% |
| Other Comprehensive Income | NT$-63.71 Million | -5.99% |
| Other Changes | NT$119.82 Million | +11.26% |
| Total Change | NT$- | 4.82% |
Book Value vs Market Value Analysis
This analysis compares Bausen Inc.'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: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.51x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$15.34 | NT$38.45 | x |
| 2021-12-31 | NT$23.20 | NT$38.45 | x |
| 2022-12-31 | NT$31.09 | NT$38.45 | x |
| 2023-12-31 | NT$37.74 | NT$38.45 | x |
| 2024-12-31 | NT$35.75 | NT$38.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bausen Inc. 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): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.12%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.19x
- Recent ROE (6.17%) is below the historical average (18.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 27.76% | 6.52% | 1.70x | 2.50x | NT$58.42 Million |
| 2021 | 29.75% | 7.72% | 1.68x | 2.30x | NT$102.43 Million |
| 2022 | 19.94% | 6.46% | 1.38x | 2.24x | NT$73.13 Million |
| 2023 | 10.50% | 4.88% | 0.97x | 2.22x | NT$5.11 Million |
| 2024 | 6.17% | 3.12% | 0.90x | 2.19x | NT$-40.78 Million |
Industry Comparison
This section compares Bausen Inc.'s net assets metrics with peer companies in the Home Improvement Retail industry.
Industry Context
- Industry: Home Improvement Retail
- Average net assets among peers: $3,577,039,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bausen Inc. (2948) | NT$1.06 Billion | 27.76% | 1.19x | $9.61 Million |
| Test Rite International Co Ltd (2908) | $3.58 Billion | 0.00% | 0.90x | $33.48 Million |