Huang Long Development Co Ltd (3512) - Net Assets
Based on the latest financial reports, Huang Long Development Co Ltd (3512) has net assets worth NT$2.47 Billion TWD (≈ $77.74 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$5.05 Billion ≈ $158.97 Million USD) and total liabilities (NT$2.58 Billion ≈ $81.23 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 financial resilience of Huang Long Development Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.47 Billion |
| % of Total Assets | 48.9% |
| Annual Growth Rate | 17.66% |
| 5-Year Change | 40.24% |
| 10-Year Change | N/A |
| Growth Volatility | 113.66 |
Huang Long Development Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Huang Long Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Huang Long Development Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Huang Long Development Co Ltd (2017–2024)
The table below shows the annual net assets of Huang Long Development Co Ltd from 2017 to 2024. For live valuation and market cap data, see 3512 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.10 Billion ≈ $66.15 Million |
+5.50% |
| 2023-12-31 | NT$1.99 Billion ≈ $62.70 Million |
+11.30% |
| 2022-12-31 | NT$1.79 Billion ≈ $56.33 Million |
+5.17% |
| 2021-12-31 | NT$1.70 Billion ≈ $53.56 Million |
+13.56% |
| 2020-12-31 | NT$1.50 Billion ≈ $47.17 Million |
-63.23% |
| 2019-12-31 | NT$4.07 Billion ≈ $128.28 Million |
+316.09% |
| 2018-12-31 | NT$978.59 Million ≈ $30.83 Million |
+45.56% |
| 2017-12-31 | NT$672.30 Million ≈ $21.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Huang Long Development 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 42873900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$399.33 Million | 19.02% |
| Other Components | NT$1.70 Billion | 80.98% |
| Total Equity | NT$2.10 Billion | 100.00% |
Huang Long Development Co Ltd Competitors by Market Cap
The table below lists competitors of Huang Long Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Autopistas del Sol
BA:AUSO
|
$76.06 Million |
|
Dish TV India Limited
NSE:DISHTV
|
$76.07 Million |
|
Western Energy Services Corp.
TO:WRG
|
$76.14 Million |
|
Ildong Holdings Co Ltd
KO:000230
|
$76.14 Million |
|
Aviv Arlon Ltd
TA:AVLN
|
$76.04 Million |
|
CombinedX AB
ST:CX
|
$75.98 Million |
|
StoneBridge Ventures Inc.
KQ:330730
|
$75.97 Million |
|
ProfilGruppen AB (publ)
ST:PROF-B
|
$75.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huang Long Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,990,145,000 to 2,099,550,000, a change of 109,405,000 (5.5%).
- Net income of 54,780,000 contributed positively to equity growth.
- Dividend payments of 311,184,000 reduced retained earnings.
- Other factors increased equity by 365,809,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$54.78 Million | +2.61% |
| Dividends Paid | NT$311.18 Million | -14.82% |
| Other Changes | NT$365.81 Million | +17.42% |
| Total Change | NT$- | 5.50% |
Book Value vs Market Value Analysis
This analysis compares Huang Long Development 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: 1.01x
- 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 1.99x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$10.73 | NT$21.35 | x |
| 2018-12-31 | NT$13.45 | NT$21.35 | x |
| 2019-12-31 | NT$13.56 | NT$21.35 | x |
| 2020-12-31 | NT$19.33 | NT$21.35 | x |
| 2021-12-31 | NT$18.62 | NT$21.35 | x |
| 2022-12-31 | NT$18.54 | NT$21.35 | x |
| 2023-12-31 | NT$20.34 | NT$21.35 | x |
| 2024-12-31 | NT$21.09 | NT$21.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huang Long Development Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.23%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.36x
- Recent ROE (2.61%) is below the historical average (8.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -4.25% | -2.05% | 0.64x | 3.24x | NT$-95.82 Million |
| 2018 | -3.63% | -3.29% | 0.42x | 2.65x | NT$-133.40 Million |
| 2019 | 2.29% | 1.71% | 0.32x | 4.13x | NT$-76.12 Million |
| 2020 | 13.55% | 8.41% | 0.56x | 2.87x | NT$53.12 Million |
| 2021 | 18.70% | 14.37% | 0.43x | 3.06x | NT$147.94 Million |
| 2022 | 18.24% | 14.55% | 0.37x | 3.41x | NT$147.25 Million |
| 2023 | 23.03% | 15.50% | 0.59x | 2.50x | NT$259.32 Million |
| 2024 | 2.61% | 6.23% | 0.18x | 2.36x | NT$-155.18 Million |
Industry Comparison
This section compares Huang Long Development Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $2,864,442,500
- Average return on equity (ROE) among peers: -9.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huang Long Development Co Ltd (3512) | NT$2.47 Billion | -4.25% | 1.04x | $76.06 Million |
| Sun Yad Construction Co Ltd (1316) | $974.60 Million | 4.39% | 0.27x | $114.93 Million |
| GTM Holdings Corp (1437) | $3.26 Billion | 9.89% | 1.22x | $189.98 Million |
| I-Hwa Industrial Co Ltd (1456) | $1.20 Billion | 0.00% | 3.51x | $40.45 Million |
| Hiyes International Co Ltd (2348) | $110.60 Million | -128.02% | 4.78x | $339.89 Million |
| Chainqui Construction Development Co Ltd (2509) | $4.76 Billion | 9.25% | 0.79x | $95.51 Million |
| Hung Ching Development & Construction Co Ltd (2527) | $3.89 Billion | 1.64% | 0.71x | $280.80 Million |
| Crowell Development Corp (2528) | $869.07 Million | 0.00% | 3.81x | $307.67 Million |
| JSL Construction & Development Co Ltd (2540) | $415.29 Million | 0.00% | 6.88x | $1.61 Billion |
| Wanhwa Enterprise Co (2701) | $5.40 Billion | 3.75% | 0.16x | $150.27 Million |
| First Hotel Co Ltd (2706) | $7.77 Billion | 5.90% | 0.15x | $195.33 Million |
About Huang Long Development Co Ltd
Huang Long Development Co.,Ltd. produces and sells of electronic components and heatsinks in Taiwan, Mainland China, and internationally. It develops, leases, and sells office and residential buildings, and trades in real estate, as well as engages in the investment activities. The company was formerly known as Neng Tyi Precision Industries Co., Ltd. and changed its name to Huang Long Development… Read more