King Chou Marine Technology Co Ltd
King Chou Marine Technology Co., Ltd. manufactures, processes, exports, and imports fishing nets, twines and ropes for the marine industries under the King Net brand name internationally. The company provides purse seine, trawl, Danish seine, gill and trammel, trap, and set nets; long line, twine, and rope products; marine hardware products, such as cable clamps, purse rings, snap rings, steel tr… Read more
King Chou Marine Technology Co Ltd (4417) - Net Assets
Latest net assets as of September 2025: NT$3.45 Billion TWD
Based on the latest financial reports, King Chou Marine Technology Co Ltd (4417) has net assets worth NT$3.45 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$5.15 Billion) and total liabilities (NT$1.70 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$3.45 Billion |
| % of Total Assets | 66.99% |
| Annual Growth Rate | 5.53% |
| 5-Year Change | 22.88% |
| 10-Year Change | N/A |
| Growth Volatility | 4.39 |
King Chou Marine Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how King Chou Marine Technology 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 King Chou Marine Technology Co Ltd (2017–2024)
The table below shows the annual net assets of King Chou Marine Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.51 Billion | +9.97% |
| 2023-12-31 | NT$3.19 Billion | +0.78% |
| 2022-12-31 | NT$3.16 Billion | +10.40% |
| 2021-12-31 | NT$2.87 Billion | +0.43% |
| 2020-12-31 | NT$2.85 Billion | +5.11% |
| 2019-12-31 | NT$2.71 Billion | +1.79% |
| 2018-12-31 | NT$2.67 Billion | +10.91% |
| 2017-12-31 | NT$2.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to King Chou Marine Technology 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 28.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.64 Billion | 53.88% |
| Other Components | NT$1.41 Billion | 46.12% |
| Total Equity | NT$3.05 Billion | 100.00% |
King Chou Marine Technology Co Ltd Competitors by Market Cap
The table below lists competitors of King Chou Marine Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Comet Ridge Ltd
AU:COI
|
$86.62 Million |
|
BRICKABILITY GP LS -10
F:71T
|
$86.63 Million |
|
LITERACY CAPITAL LS-001
F:26W
|
$86.65 Million |
|
IndoStar Capital Finance Limited
NSE:INDOSTAR
|
$86.66 Million |
|
Menthobi Karyatama Raya
JK:MKTR
|
$86.55 Million |
|
Hybrid Kinetic Group Limited
PINK:FESTF
|
$86.53 Million |
|
V2TX34
SA:V2TX34
|
$86.53 Million |
|
UNIMECH
NSE:UNIMECH
|
$86.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in King Chou Marine Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,767,902,000 to 3,048,444,000, a change of 280,542,000 (10.1%).
- Net income of 370,720,000 contributed positively to equity growth.
- Dividend payments of 167,943,000 reduced retained earnings.
- Other factors increased equity by 77,765,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$370.72 Million | +12.16% |
| Dividends Paid | NT$167.94 Million | -5.51% |
| Other Changes | NT$77.77 Million | +2.55% |
| Total Change | NT$- | 10.14% |
Book Value vs Market Value Analysis
This analysis compares King Chou Marine Technology 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: 1.42x
- 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 2.11x to 1.42x 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$24.49 | NT$51.70 | x |
| 2018-12-31 | NT$27.07 | NT$51.70 | x |
| 2019-12-31 | NT$27.78 | NT$51.70 | x |
| 2020-12-31 | NT$28.70 | NT$51.70 | x |
| 2021-12-31 | NT$29.14 | NT$51.70 | x |
| 2022-12-31 | NT$32.43 | NT$51.70 | x |
| 2023-12-31 | NT$32.77 | NT$51.70 | x |
| 2024-12-31 | NT$36.30 | NT$51.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently King Chou Marine Technology 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): 12.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.99%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.74x
- Recent ROE (12.16%) is below the historical average (12.79%), 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 | 11.51% | 8.21% | 0.72x | 1.95x | NT$30.80 Million |
| 2018 | 16.19% | 11.02% | 0.77x | 1.91x | NT$140.72 Million |
| 2019 | 12.91% | 10.39% | 0.68x | 1.83x | NT$67.98 Million |
| 2020 | 13.01% | 11.99% | 0.62x | 1.74x | NT$72.98 Million |
| 2021 | 10.65% | 11.01% | 0.55x | 1.75x | NT$15.94 Million |
| 2022 | 14.70% | 12.33% | 0.68x | 1.76x | NT$128.76 Million |
| 2023 | 11.21% | 10.57% | 0.61x | 1.73x | NT$33.47 Million |
| 2024 | 12.16% | 11.99% | 0.58x | 1.74x | NT$65.88 Million |
Industry Comparison
This section compares King Chou Marine Technology Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $10,082,241,600
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| King Chou Marine Technology Co Ltd (4417) | NT$3.45 Billion | 11.51% | 0.49x | $86.58 Million |
| San Fang Chemical Industry Co Ltd (1307) | $3.11 Billion | 9.38% | 1.04x | $159.74 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.12 Billion | 13.50% | 1.05x | $17.61 Million |
| Cathay Consolidated Inc (1342) | $767.81 Million | 20.83% | 0.72x | $152.57 Million |
| Far Eastern New Century Corp (1402) | $69.12 Billion | 1.05% | 1.32x | $2.98 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $14.05 Billion | 3.65% | 0.92x | $539.09 Million |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.26 Billion | 8.25% | 0.21x | $41.23 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $895.15 Million | 13.02% | 1.59x | $18.51 Million |
| Tung Ho Textile Co Ltd (1414) | $1.54 Billion | -19.15% | 2.15x | $46.96 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $2.35 Billion | 0.00% | 0.89x | $10.53 Million |
| Shinkong Textile Co Ltd (1419) | $6.62 Billion | 3.47% | 0.46x | $306.86 Million |