Taiwan Kong King Co Ltd (3093) - Net Assets
Based on the latest financial reports, Taiwan Kong King Co Ltd (3093) has net assets worth NT$1.06 Billion TWD (≈ $33.25 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.68 Billion ≈ $53.03 Million USD) and total liabilities (NT$627.88 Million ≈ $19.78 Million USD). 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. Check Taiwan Kong King Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.06 Billion |
| % of Total Assets | 62.7% |
| Annual Growth Rate | 1.64% |
| 5-Year Change | 13.85% |
| 10-Year Change | N/A |
| Growth Volatility | 11.98 |
Taiwan Kong King Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Taiwan Kong King Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Taiwan Kong King Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Taiwan Kong King Co Ltd (2016–2024)
The table below shows the annual net assets of Taiwan Kong King Co Ltd from 2016 to 2024. For live valuation and market cap data, see 3093 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.07 Billion ≈ $33.71 Million |
-7.60% |
| 2023-12-31 | NT$1.16 Billion ≈ $36.48 Million |
-10.92% |
| 2022-12-31 | NT$1.30 Billion ≈ $40.96 Million |
+24.77% |
| 2021-12-31 | NT$1.04 Billion ≈ $32.82 Million |
+10.86% |
| 2020-12-31 | NT$939.83 Million ≈ $29.61 Million |
+13.57% |
| 2019-12-31 | NT$827.55 Million ≈ $26.07 Million |
+1.58% |
| 2018-12-31 | NT$814.69 Million ≈ $25.67 Million |
-6.95% |
| 2017-12-31 | NT$875.54 Million ≈ $27.58 Million |
-6.83% |
| 2016-12-31 | NT$939.70 Million ≈ $29.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Taiwan Kong King 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 grown by 32.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$262.06 Million | 24.49% |
| Other Components | NT$807.94 Million | 75.51% |
| Total Equity | NT$1.07 Billion | 100.00% |
Taiwan Kong King Co Ltd Competitors by Market Cap
The table below lists competitors of Taiwan Kong King Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Xinguang Pharmaceutical Co Ltd
SHE:300519
|
$294.54 Million |
|
Intracom Holdings S.A.
AT:INTRK
|
$294.59 Million |
|
Innovative Solutions and Support
NASDAQ:ISSC
|
$294.59 Million |
|
Bohai Water Industry Co Ltd
SHE:000605
|
$294.66 Million |
|
Indo Tech Transformers Limited
NSE:INDOTECH
|
$294.36 Million |
|
Daqing Huake Co Ltd
SHE:000985
|
$294.23 Million |
|
Guangdong Hongteo Accurate Technology Co Ltd
SHE:300176
|
$294.12 Million |
|
Orell Fuessli Holding AG
SW:OFN
|
$294.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Kong King Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,158,022,000 to 1,069,999,000, a change of -88,023,000 (-7.6%).
- Net income of 154,012,000 contributed positively to equity growth.
- Dividend payments of 261,280,000 reduced retained earnings.
- Other comprehensive income decreased equity by 357,166,000.
- Other factors increased equity by 376,411,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$154.01 Million | +14.39% |
| Dividends Paid | NT$261.28 Million | -24.42% |
| Other Comprehensive Income | NT$-357.17 Million | -33.38% |
| Other Changes | NT$376.41 Million | +35.18% |
| Total Change | NT$- | -7.60% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Kong King 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: 8.74x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.14x to 8.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$5.78 | NT$64.40 | x |
| 2017-12-31 | NT$5.39 | NT$64.40 | x |
| 2018-12-31 | NT$5.61 | NT$64.40 | x |
| 2019-12-31 | NT$5.70 | NT$64.40 | x |
| 2020-12-31 | NT$6.47 | NT$64.40 | x |
| 2021-12-31 | NT$7.18 | NT$64.40 | x |
| 2022-12-31 | NT$8.96 | NT$64.40 | x |
| 2023-12-31 | NT$7.98 | NT$64.40 | x |
| 2024-12-31 | NT$7.37 | NT$64.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Kong King Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.46%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.51x
- Recent ROE (14.39%) is below the historical average (16.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.78% | 8.11% | 0.76x | 1.42x | NT$-10.25 Million |
| 2017 | 3.13% | 3.10% | 0.74x | 1.37x | NT$-53.81 Million |
| 2018 | 7.27% | 5.21% | 1.07x | 1.31x | NT$-22.26 Million |
| 2019 | 9.24% | 6.62% | 1.04x | 1.35x | NT$-6.29 Million |
| 2020 | 18.76% | 12.71% | 1.05x | 1.41x | NT$82.28 Million |
| 2021 | 25.83% | 13.30% | 1.14x | 1.70x | NT$164.88 Million |
| 2022 | 36.80% | 18.65% | 1.23x | 1.61x | NT$348.39 Million |
| 2023 | 25.27% | 16.24% | 1.08x | 1.44x | NT$176.78 Million |
| 2024 | 14.39% | 11.46% | 0.83x | 1.51x | NT$47.01 Million |
Industry Comparison
This section compares Taiwan Kong King Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $159,345,053,500
- Average return on equity (ROE) among peers: 6.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Kong King Co Ltd (3093) | NT$1.06 Billion | 8.78% | 0.59x | $294.51 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $415.89 Million |
| Fulltech Fiber Glass (1815) | $6.62 Billion | -7.24% | 1.18x | $1.56 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $176.36 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.58 Billion | 6.24% | 1.23x | $9.91 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $1.07 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $119.65 Billion |
| Yageo Corp (2327) | $31.33 Billion | 21.85% | 1.22x | $64.25 Billion |
| Pan-International Industrial Corp (2328) | $11.32 Billion | 2.51% | 0.66x | $859.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.89 Billion | 10.93% | 0.75x | $726.35 Million |
| Solomon Technology Corp (2359) | $3.80 Billion | 0.00% | 1.33x | $712.68 Million |
About Taiwan Kong King Co Ltd
Taiwan Kong King Co.,Ltd engages in the electronics industry in Taiwan and China. The company operates in two segments, Equipment Division and Production. It is involved in the installation and related warranty of machinery, after-sales service, control of inventories, marketing for surface mount technology, semiconductors, and solar equipment; marketing of printed circuit boards equipment and ma… Read more