Hakers Enterprise Co Ltd (4432) - Net Assets
Based on the latest financial reports, Hakers Enterprise Co Ltd (4432) has net assets worth NT$1.39 Billion TWD (≈ $43.67 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$1.78 Billion ≈ $56.06 Million USD) and total liabilities (NT$393.18 Million ≈ $12.39 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 4432 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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. See 4432 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see market cap of Hakers Enterprise Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.47 Billion ≈ $46.30 Million |
+10.57% |
| 2023-12-31 | NT$1.33 Billion ≈ $41.87 Million |
+5.79% |
| 2022-12-31 | NT$1.26 Billion ≈ $39.58 Million |
+16.60% |
| 2021-12-31 | NT$1.08 Billion ≈ $33.95 Million |
-9.72% |
| 2020-12-31 | NT$1.19 Billion ≈ $37.60 Million |
-1.61% |
| 2019-12-31 | NT$1.21 Billion ≈ $38.22 Million |
-10.96% |
| 2018-12-31 | NT$1.36 Billion ≈ $42.92 Million |
+2.47% |
| 2017-12-31 | NT$1.33 Billion ≈ $41.89 Million |
-5.93% |
| 2016-12-31 | NT$1.41 Billion ≈ $44.53 Million |
-5.01% |
| 2015-12-31 | NT$1.49 Billion ≈ $46.88 Million |
-- |
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.
| Company | Market Cap |
|---|---|
|
Imperial Equities Inc.
V:IEI
|
$26.32 Million |
|
Warimpex Finanz- und Beteiligungs AG
VI:WXF
|
$26.34 Million |
|
Censof Holdings Bhd
KLSE:5195
|
$26.35 Million |
|
Higgstec
TWO:5220
|
$26.35 Million |
|
Chien Wei Precise Technology Co Ltd
TWO:8092
|
$26.30 Million |
|
Foresta Group Holdings Ltd
AU:FGH
|
$26.29 Million |
|
Fidelity European Values
LSE:FEV
|
$26.29 Million |
|
DDC Enterprise Limited
NYSE:DDC
|
$26.29 Million |
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: 0.57x
- 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$16.50 | x |
| 2018-12-31 | NT$26.93 | NT$16.50 | x |
| 2019-12-31 | NT$23.98 | NT$16.50 | x |
| 2020-12-31 | NT$23.59 | NT$16.50 | x |
| 2021-12-31 | NT$21.30 | NT$16.50 | x |
| 2022-12-31 | NT$24.83 | NT$16.50 | x |
| 2023-12-31 | NT$26.27 | NT$16.50 | x |
| 2024-12-31 | NT$29.05 | NT$16.50 | 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: $3,246,348,778
- Average return on equity (ROE) among peers: 9.23%
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 | $26.30 Million |
| Tah Hsin Industrial Corp (1315) | $5.29 Billion | 5.23% | 0.35x | $185.69 Million |
| Tex-Ray Industrial Co Ltd (1467) | $1.30 Billion | 4.94% | 1.51x | $53.73 Million |
| Tainan Enterprises Co Ltd (1473) | $2.40 Billion | 17.76% | 0.57x | $94.63 Million |
| Eclat Textile Co Ltd (1476) | $11.77 Billion | 35.45% | 0.50x | $2.80 Billion |
| Makalot Industrial Co Ltd (1477) | $2.95 Billion | 9.82% | 0.57x | $1.69 Billion |
| Munsin Garment (2916) | $938.51 Million | 9.39% | 0.27x | $85.41 Million |
| Cayman Tung Ling Co Ltd (2924) | $179.22 Million | -31.46% | 0.57x | $28.44 Million |
| TOPBI International Holdings Ltd (2929) | $3.74 Billion | 19.65% | 0.65x | $20.01 Million |
| Roo Hsing Co Ltd (4414) | $650.23 Million | 12.32% | 3.30x | $69.56 Million |
About Hakers Enterprise Co Ltd
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.