King House CO., Ltd.
King House CO., Ltd. engages in restaurant business in Taiwan. It offers hamburgers, and food and beverage services. The company also involved in chemical fiber and e-commerce businesses. The company was formerly known as Ensure Global Corp., Ltd. and changed its name to King House CO., Ltd. in May 2024. King House CO., Ltd. was founded in 1991 and is headquartered in Tainan City, Taiwan.
King House CO., Ltd. (4419) - Net Assets
Latest net assets as of December 2024: NT$876.32 Million TWD
Based on the latest financial reports, King House CO., Ltd. (4419) has net assets worth NT$876.32 Million 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$3.13 Billion) and total liabilities (NT$2.26 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$876.32 Million |
| % of Total Assets | 27.98% |
| Annual Growth Rate | 52.97% |
| 5-Year Change | 626.67% |
| 10-Year Change | N/A |
| Growth Volatility | 388.85 |
King House CO., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how King House 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 House CO., Ltd. (2019–2024)
The table below shows the annual net assets of King House CO., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$876.32 Million | -10.95% |
| 2023-12-31 | NT$984.03 Million | +966.75% |
| 2022-12-31 | NT$92.25 Million | -21.29% |
| 2021-12-31 | NT$117.20 Million | -2.81% |
| 2020-12-31 | NT$120.59 Million | +15.36% |
| 2019-12-31 | NT$104.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to King House 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 51692500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.58 Billion | 194.32% |
| Other Components | NT$527.00K | 0.06% |
| Total Equity | NT$813.93 Million | 100.00% |
King House CO., Ltd. Competitors by Market Cap
The table below lists competitors of King House CO., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUTOMATIC SYSTEMS LTD
SEM:ASL
|
$12.62K |
|
fox e-mobility AG
BE:CT4
|
$12.63K |
|
Alliance Finance Company PLC
CM:ALLIN0000
|
$12.64K |
|
JSCR11
SA:JSCR11
|
$12.64K |
|
Ceylon Grain Elevators PLC
CM:GRANN0000
|
$12.61K |
|
BIOTIME
BE:BT3
|
$12.61K |
|
United Bank Ltd
KAR:UBL
|
$12.61K |
|
BiOptic Inc.
TWO:6850
|
$12.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in King House CO., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 928,265,000 to 813,929,000, a change of -114,336,000 (-12.3%).
- Net loss of 114,103,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-114.10 Million | -14.02% |
| Other Changes | NT$-233.00K | -0.03% |
| Total Change | NT$- | -12.32% |
Book Value vs Market Value Analysis
This analysis compares King House 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: 6.22x
- 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 11.35x to 6.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$3.97 | NT$45.05 | x |
| 2020-12-31 | NT$4.01 | NT$45.05 | x |
| 2021-12-31 | NT$2.48 | NT$45.05 | x |
| 2022-12-31 | NT$1.85 | NT$45.05 | x |
| 2023-12-31 | NT$19.76 | NT$45.05 | x |
| 2024-12-31 | NT$7.25 | NT$45.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently King House CO., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.02%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 3.85x
- Recent ROE (-14.02%) is above the historical average (-23.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -18.56% | -585.19% | 0.03x | 1.03x | NT$-29.86 Million |
| 2020 | -41.42% | -3197.57% | 0.01x | 1.25x | NT$-62.01 Million |
| 2021 | -30.28% | -27.22% | 0.20x | 5.48x | NT$-37.29 Million |
| 2022 | -34.19% | -9.60% | 0.58x | 6.13x | NT$-30.48 Million |
| 2023 | -1.58% | -3.71% | 0.30x | 1.41x | NT$-107.52 Million |
| 2024 | -14.02% | -6.02% | 0.60x | 3.85x | NT$-195.50 Million |
Industry Comparison
This section compares King House 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 House CO., Ltd. (4419) | NT$876.32 Million | -18.56% | 2.57x | $12.61K |
| 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 |