Hakers Enterprise Co Ltd

TWO:4432 Taiwan Apparel Manufacturing
Market Cap
$23.09 Million
NT$763.89 Million TWD
Market Cap Rank
#27768 Global
#1756 in Taiwan
Share Price
NT$15.10
Change (1 day)
-1.31%
52-Week Range
NT$14.80 - NT$24.25
All Time High
NT$70.81
About

Hakers Enterprise Co., Ltd. researches, develops, manufactures, and markets garments and other related textile products in Taiwan. The company offers sportswear products, workwear and outdoor performance clothing. Hakers Enterprise Co., Ltd. was founded in 1986 and is headquartered in New Taipei City, Taiwan.

Hakers Enterprise Co Ltd (4432) - Net Assets

Latest net assets as of September 2025: NT$1.39 Billion TWD

Based on the latest financial reports, Hakers Enterprise Co Ltd (4432) has net assets worth NT$1.39 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$1.78 Billion) and total liabilities (NT$393.18 Million). 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$1.39 Billion
% of Total Assets 77.9%
Annual Growth Rate -0.14%
5-Year Change 23.12%
10-Year Change N/A
Growth Volatility 8.84

Hakers Enterprise Co Ltd - Net Assets Trend (2015–2024)

This chart illustrates how Hakers Enterprise 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 Hakers Enterprise Co Ltd (2015–2024)

The table below shows the annual net assets of Hakers Enterprise Co Ltd from 2015 to 2024.

Year Net Assets Change
2024-12-31 NT$1.47 Billion +10.57%
2023-12-31 NT$1.33 Billion +5.79%
2022-12-31 NT$1.26 Billion +16.60%
2021-12-31 NT$1.08 Billion -9.72%
2020-12-31 NT$1.19 Billion -1.61%
2019-12-31 NT$1.21 Billion -10.96%
2018-12-31 NT$1.36 Billion +2.47%
2017-12-31 NT$1.33 Billion -5.93%
2016-12-31 NT$1.41 Billion -5.01%
2015-12-31 NT$1.49 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hakers Enterprise 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 41.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$369.04 Million 25.11%
Other Components NT$1.10 Billion 74.89%
Total Equity NT$1.47 Billion 100.00%

Hakers Enterprise Co Ltd Competitors by Market Cap

The table below lists competitors of Hakers Enterprise Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hakers Enterprise Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,329,089,000 to 1,469,520,000, a change of 140,431,000 (10.6%).
  • Net income of 133,551,000 contributed positively to equity growth.
  • Dividend payments of 34,906,000 reduced retained earnings.
  • Other factors increased equity by 41,786,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$133.55 Million +9.09%
Dividends Paid NT$34.91 Million -2.38%
Other Changes NT$41.79 Million +2.84%
Total Change NT$- 10.57%

Book Value vs Market Value Analysis

This analysis compares Hakers Enterprise 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: 0.52x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 NT$26.28 NT$15.10 x
2018-12-31 NT$26.93 NT$15.10 x
2019-12-31 NT$23.98 NT$15.10 x
2020-12-31 NT$23.59 NT$15.10 x
2021-12-31 NT$21.30 NT$15.10 x
2022-12-31 NT$24.83 NT$15.10 x
2023-12-31 NT$26.27 NT$15.10 x
2024-12-31 NT$29.05 NT$15.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hakers Enterprise 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): 9.09%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.88%
  • • Asset Turnover: 0.65x
  • • Equity Multiplier: 1.17x
  • Recent ROE (9.09%) is above the historical average (5.18%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 17.49% 10.99% 1.21x 1.31x NT$111.47 Million
2016 10.74% 6.74% 1.23x 1.30x NT$10.44 Million
2017 4.42% 3.25% 1.06x 1.28x NT$-74.13 Million
2018 5.40% 3.70% 1.22x 1.20x NT$-62.68 Million
2019 -6.10% -4.02% 1.27x 1.19x NT$-195.29 Million
2020 -0.74% -0.56% 1.04x 1.27x NT$-128.21 Million
2021 -9.57% -7.64% 0.99x 1.27x NT$-210.85 Million
2022 13.71% 11.18% 1.01x 1.22x NT$46.63 Million
2023 7.31% 8.27% 0.77x 1.16x NT$-35.71 Million
2024 9.09% 11.88% 0.65x 1.17x NT$-13.40 Million

Industry Comparison

This section compares Hakers Enterprise Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $4,018,664,900
  • Average return on equity (ROE) among peers: 8.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hakers Enterprise Co Ltd (4432) NT$1.39 Billion 17.49% 0.28x $11.89 Million
Tah Hsin Industrial Corp (1315) $3.84 Billion 6.99% 0.54x $112.20 Million
Tex-Ray Industrial Co Ltd (1467) $1.78 Billion 0.00% 1.86x $23.42 Million
Tainan Enterprises Co Ltd (1473) $4.19 Billion 5.35% 0.64x $52.82 Million
Eclat Textile Co Ltd (1476) $8.12 Billion 33.73% 0.55x $1.58 Billion
Makalot Industrial Co Ltd (1477) $15.45 Billion 22.76% 0.58x $1.92 Billion
Munsin Garment (2916) $915.83 Million 9.10% 0.38x $43.53 Million
Cayman Tung Ling Co Ltd (2924) $644.14 Million -15.03% 0.69x $8.00 Million
TOPBI International Holdings Ltd (2929) $3.53 Billion 23.72% 0.58x $18.49 Million
Est Global Apparel Co.Ltd (4413) $294.23 Million 2.11% 0.41x $11.04 Million
Roo Hsing Co Ltd (4414) $1.44 Billion 0.00% 1.49x $65.02 Million