Kuen Ling Refrigerating Machinery Co Ltd (4527) - Net Assets
Based on the latest financial reports, Kuen Ling Refrigerating Machinery Co Ltd (4527) has net assets worth NT$1.63 Billion TWD (≈ $51.49 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.90 Billion ≈ $91.37 Million USD) and total liabilities (NT$1.27 Billion ≈ $39.88 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 Kuen Ling Refrigerating Machinery Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.63 Billion |
| % of Total Assets | 56.35% |
| Annual Growth Rate | 7.14% |
| 5-Year Change | 24.47% |
| 10-Year Change | 38.88% |
| Growth Volatility | 7.68 |
Kuen Ling Refrigerating Machinery Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Kuen Ling Refrigerating Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Kuen Ling Refrigerating Machinery Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Kuen Ling Refrigerating Machinery Co Ltd (2002–2024)
The table below shows the annual net assets of Kuen Ling Refrigerating Machinery Co Ltd from 2002 to 2024. For live valuation and market cap data, see 4527 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.91 Billion ≈ $60.25 Million |
+9.83% |
| 2023-12-31 | NT$1.74 Billion ≈ $54.86 Million |
+6.44% |
| 2022-12-31 | NT$1.64 Billion ≈ $51.54 Million |
+6.94% |
| 2021-12-31 | NT$1.53 Billion ≈ $48.19 Million |
-0.44% |
| 2020-12-31 | NT$1.54 Billion ≈ $48.41 Million |
+5.90% |
| 2019-12-31 | NT$1.45 Billion ≈ $45.71 Million |
-1.31% |
| 2018-12-31 | NT$1.47 Billion ≈ $46.32 Million |
+3.67% |
| 2017-12-31 | NT$1.42 Billion ≈ $44.68 Million |
-0.21% |
| 2016-12-31 | NT$1.42 Billion ≈ $44.77 Million |
+3.20% |
| 2015-12-31 | NT$1.38 Billion ≈ $43.38 Million |
+3.21% |
| 2014-12-31 | NT$1.33 Billion ≈ $42.03 Million |
+5.72% |
| 2013-12-31 | NT$1.26 Billion ≈ $39.76 Million |
+29.97% |
| 2012-12-31 | NT$970.94 Million ≈ $30.59 Million |
+18.66% |
| 2011-12-31 | NT$818.28 Million ≈ $25.78 Million |
+15.97% |
| 2010-12-31 | NT$705.58 Million ≈ $22.23 Million |
-0.74% |
| 2009-12-31 | NT$710.86 Million ≈ $22.40 Million |
-2.53% |
| 2008-12-31 | NT$729.29 Million ≈ $22.98 Million |
+6.82% |
| 2007-12-31 | NT$682.71 Million ≈ $21.51 Million |
+6.03% |
| 2006-12-31 | NT$643.86 Million ≈ $20.29 Million |
+12.29% |
| 2005-12-31 | NT$573.40 Million ≈ $18.07 Million |
+18.21% |
| 2004-12-31 | NT$485.08 Million ≈ $15.28 Million |
+4.19% |
| 2003-12-31 | NT$465.57 Million ≈ $14.67 Million |
+11.05% |
| 2002-12-31 | NT$419.24 Million ≈ $13.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Kuen Ling Refrigerating Machinery 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 1724.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$584.19 Million | 32.53% |
| Other Components | NT$1.21 Billion | 67.47% |
| Total Equity | NT$1.80 Billion | 100.00% |
Kuen Ling Refrigerating Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of Kuen Ling Refrigerating Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viceroy Hotels Limited
NSE:VHLTD
|
$102.57 Million |
|
Lemonsoft Oyj
HE:LEMON
|
$102.59 Million |
|
IDREAMSKY TE+H. DL-0001
F:08IA
|
$102.60 Million |
|
Edimax Technology Co Ltd
TW:3047
|
$102.61 Million |
|
Health Catalyst Inc
NASDAQ:HCAT
|
$102.56 Million |
|
NETFONDS AG VNA O.N.
F:NF4
|
$102.55 Million |
|
Bixolon Co. Ltd
KQ:093190
|
$102.54 Million |
|
Acset Indonusa Tbk
JK:ACST
|
$102.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kuen Ling Refrigerating Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,625,615,000 to 1,795,954,000, a change of 170,339,000 (10.5%).
- Net income of 319,549,000 contributed positively to equity growth.
- Dividend payments of 182,766,000 reduced retained earnings.
- Other factors increased equity by 33,556,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$319.55 Million | +17.79% |
| Dividends Paid | NT$182.77 Million | -10.18% |
| Other Changes | NT$33.56 Million | +1.87% |
| Total Change | NT$- | 10.48% |
Book Value vs Market Value Analysis
This analysis compares Kuen Ling Refrigerating Machinery 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: 1.81x
- 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 2.47x to 1.81x 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$17.27 | NT$42.75 | x |
| 2018-12-31 | NT$17.99 | NT$42.75 | x |
| 2019-12-31 | NT$17.81 | NT$42.75 | x |
| 2020-12-31 | NT$18.89 | NT$42.75 | x |
| 2021-12-31 | NT$18.82 | NT$42.75 | x |
| 2022-12-31 | NT$20.17 | NT$42.75 | x |
| 2023-12-31 | NT$21.35 | NT$42.75 | x |
| 2024-12-31 | NT$23.58 | NT$42.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuen Ling Refrigerating Machinery 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): 17.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.76%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.94x
- Recent ROE (17.79%) is above the historical average (12.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 10.22% | 4.96% | 0.88x | 2.34x | NT$902.60K |
| 2003 | 16.45% | 6.65% | 1.03x | 2.41x | NT$30.01 Million |
| 2004 | 14.29% | 5.68% | 1.00x | 2.53x | NT$20.80 Million |
| 2005 | 11.97% | 4.67% | 0.96x | 2.68x | NT$10.19 Million |
| 2006 | 12.56% | 4.68% | 1.05x | 2.56x | NT$14.81 Million |
| 2007 | 7.49% | 2.76% | 1.04x | 2.61x | NT$-15.29 Million |
| 2008 | 8.01% | 2.89% | 1.06x | 2.62x | NT$-13.11 Million |
| 2009 | 1.49% | 0.64% | 0.93x | 2.50x | NT$-55.10 Million |
| 2010 | 4.11% | 1.37% | 1.06x | 2.84x | NT$-38.04 Million |
| 2011 | 12.87% | 4.09% | 1.15x | 2.74x | NT$21.39 Million |
| 2012 | 13.59% | 5.55% | 1.10x | 2.23x | NT$32.05 Million |
| 2013 | 13.49% | 7.11% | 1.04x | 1.83x | NT$40.89 Million |
| 2014 | 14.41% | 7.23% | 1.15x | 1.74x | NT$54.57 Million |
| 2015 | 14.50% | 7.47% | 1.13x | 1.72x | NT$57.43 Million |
| 2016 | 17.37% | 8.89% | 1.07x | 1.82x | NT$97.16 Million |
| 2017 | 14.48% | 7.07% | 1.13x | 1.82x | NT$58.91 Million |
| 2018 | 15.61% | 7.19% | 1.15x | 1.89x | NT$76.89 Million |
| 2019 | 12.04% | 6.10% | 1.02x | 1.93x | NT$27.62 Million |
| 2020 | 14.39% | 7.94% | 0.95x | 1.90x | NT$63.11 Million |
| 2021 | 10.52% | 5.95% | 0.88x | 2.00x | NT$7.49 Million |
| 2022 | 13.28% | 6.73% | 0.95x | 2.08x | NT$50.41 Million |
| 2023 | 15.90% | 7.43% | 0.95x | 2.24x | NT$95.84 Million |
| 2024 | 17.79% | 8.76% | 1.05x | 1.94x | NT$139.95 Million |
Industry Comparison
This section compares Kuen Ling Refrigerating Machinery Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $180,200,345,300
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuen Ling Refrigerating Machinery Co Ltd (4527) | NT$1.63 Billion | 10.22% | 0.77x | $102.57 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $6.49 Billion | 0.00% | 1.01x | $1.78 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $27.35 Billion | 2.10% | 0.67x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.49 Billion | 6.90% | 0.48x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.10 Billion | 9.66% | 0.65x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.90 Billion | 3.31% | 0.21x | $642.50 Million |
About Kuen Ling Refrigerating Machinery Co Ltd
Kuen Ling Machinery Refrigerating Co., Ltd. engages in the manufacture and sale of ice water main units and air-conditioning equipment in Taiwan, Mainland China, Vietnam, and internationally. It offers water cooled and air-cooled ice water, computer room box, and hot and cold water machines; ice storage tanks; vacuum dryers; refrigeration and refrigeration units, water-cooled spiral/reciprocating… Read more