Great Giant Fibre Garment Co., Ltd.
Great Giant Fibre Garment Co., Ltd. engages in manufacturing and selling garments and textiles in Taiwan. It offers active wear, ready-to-wear, and loungewear. The company was founded in 1991 and is based in Taipei, Taiwan.
Great Giant Fibre Garment Co., Ltd. (4441) - Net Assets
Latest net assets as of June 2024: NT$4.49 Billion TWD
Based on the latest financial reports, Great Giant Fibre Garment Co., Ltd. (4441) has net assets worth NT$4.49 Billion TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$6.06 Billion) and total liabilities (NT$1.57 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$4.49 Billion |
| % of Total Assets | 74.09% |
| Annual Growth Rate | 33.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 22.52 |
Great Giant Fibre Garment Co., Ltd. - Net Assets Trend (2020–2023)
This chart illustrates how Great Giant Fibre Garment 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 Great Giant Fibre Garment Co., Ltd. (2020–2023)
The table below shows the annual net assets of Great Giant Fibre Garment Co., Ltd. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$4.46 Billion | +9.98% |
| 2022-12-31 | NT$4.05 Billion | +30.90% |
| 2021-12-31 | NT$3.10 Billion | +64.64% |
| 2020-12-31 | NT$1.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Great Giant Fibre Garment 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 147.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.75 Billion | 61.87% |
| Common Stock | NT$602.80 Million | 13.54% |
| Other Comprehensive Income | NT$-12.84 Million | -0.29% |
| Other Components | NT$1.11 Billion | 24.88% |
| Total Equity | NT$4.45 Billion | 100.00% |
Great Giant Fibre Garment Co., Ltd. Competitors by Market Cap
The table below lists competitors of Great Giant Fibre Garment Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EZTEC Empreendimentos e Participações S.A
SA:EZTC3
|
$237.39 Million |
|
Investar Holding Corp
NASDAQ:ISTR
|
$237.39 Million |
|
Bairong Inc.
PINK:BAIGF
|
$237.44 Million |
|
PONSSE EO-25
F:PNS
|
$237.53 Million |
|
Zoneco Group Co Ltd
SHE:002069
|
$237.31 Million |
|
Komipharm International Co. Ltd
KQ:041960
|
$237.27 Million |
|
Comp SA
WAR:CMP
|
$237.24 Million |
|
Skyworth Group Limited
PINK:SWDHF
|
$237.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Great Giant Fibre Garment Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,046,800,000 to 4,451,544,000, a change of 404,744,000 (10.0%).
- Net income of 741,588,000 contributed positively to equity growth.
- Dividend payments of 357,874,000 reduced retained earnings.
- New share issuances of 3,035,000 increased equity.
- Other comprehensive income decreased equity by 3,938,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$741.59 Million | +16.66% |
| Dividends Paid | NT$357.87 Million | -8.04% |
| Share Issuances | NT$3.04 Million | +0.07% |
| Other Comprehensive Income | NT$-3.94 Million | -0.09% |
| Other Changes | NT$21.93 Million | +0.49% |
| Total Change | NT$- | 10.00% |
Book Value vs Market Value Analysis
This analysis compares Great Giant Fibre Garment 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: 3.93x
- 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 6.12x to 3.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$46.91 | NT$287.00 | x |
| 2021-12-31 | NT$55.23 | NT$287.00 | x |
| 2022-12-31 | NT$66.59 | NT$287.00 | x |
| 2023-12-31 | NT$73.08 | NT$287.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Great Giant Fibre Garment 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): 16.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.13%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.26x
- Recent ROE (16.66%) is below the historical average (19.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 14.69% | 6.05% | 1.49x | 1.63x | NT$88.15 Million |
| 2021 | 18.42% | 8.38% | 1.38x | 1.59x | NT$260.08 Million |
| 2022 | 27.80% | 14.59% | 1.39x | 1.37x | NT$720.30 Million |
| 2023 | 16.66% | 14.13% | 0.93x | 1.26x | NT$296.43 Million |
Industry Comparison
This section compares Great Giant Fibre Garment 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 |
|---|---|---|---|---|
| Great Giant Fibre Garment Co., Ltd. (4441) | NT$4.49 Billion | 14.69% | 0.35x | $237.35 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 |