Fu Yu Property Co Ltd (4907) - Net Assets
Based on the latest financial reports, Fu Yu Property Co Ltd (4907) has net assets worth NT$2.49 Billion TWD (≈ $78.45 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$8.30 Billion ≈ $261.45 Million USD) and total liabilities (NT$5.81 Billion ≈ $183.01 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 Fu Yu Property Co Ltd (4907) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.49 Billion |
| % of Total Assets | 30.0% |
| Annual Growth Rate | 5.89% |
| 5-Year Change | 31.04% |
| 10-Year Change | N/A |
| Growth Volatility | 10.89 |
Fu Yu Property Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Fu Yu Property Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Fu Yu Property Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Fu Yu Property Co Ltd (2017–2024)
The table below shows the annual net assets of Fu Yu Property Co Ltd from 2017 to 2024. For live valuation and market cap data, see 4907 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.54 Billion ≈ $79.92 Million |
+28.05% |
| 2023-12-31 | NT$1.98 Billion ≈ $62.41 Million |
+6.60% |
| 2022-12-31 | NT$1.86 Billion ≈ $58.55 Million |
-7.11% |
| 2021-12-31 | NT$2.00 Billion ≈ $63.03 Million |
+3.35% |
| 2020-12-31 | NT$1.94 Billion ≈ $60.99 Million |
-0.02% |
| 2019-12-31 | NT$1.94 Billion ≈ $61.00 Million |
-0.93% |
| 2018-12-31 | NT$1.95 Billion ≈ $61.57 Million |
+15.03% |
| 2017-12-31 | NT$1.70 Billion ≈ $53.53 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fu Yu Property 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 146.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.10 Billion | 43.50% |
| Other Components | NT$1.43 Billion | 56.50% |
| Total Equity | NT$2.54 Billion | 100.00% |
Fu Yu Property Co Ltd Competitors by Market Cap
The table below lists competitors of Fu Yu Property Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Count Ltd
AU:CUP
|
$140.89 Million |
|
Sunko Ink Co Ltd
TW:1721
|
$140.96 Million |
|
BANK OF JIUJIANG H YC1
F:BJ8
|
$140.98 Million |
|
Espey Mfg & Electronics Corp
NYSE MKT:ESP
|
$141.00 Million |
|
S&P Syndicate Public Company Limited
BK:SNP
|
$140.86 Million |
|
Salasar Techno Engineering Limited
NSE:SALASAR
|
$140.83 Million |
|
mPLUS Corp
KQ:259630
|
$140.70 Million |
|
HIM International Music
TWO:8446
|
$140.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fu Yu Property Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,980,986,000 to 2,536,692,000, a change of 555,706,000 (28.1%).
- Net income of 709,296,000 contributed positively to equity growth.
- Dividend payments of 153,590,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$709.30 Million | +27.96% |
| Dividends Paid | NT$153.59 Million | -6.05% |
| Total Change | NT$- | 28.05% |
Book Value vs Market Value Analysis
This analysis compares Fu Yu Property 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: 1.76x
- 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 2.63x to 1.76x 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$14.38 | NT$37.85 | x |
| 2018-12-31 | NT$16.54 | NT$37.85 | x |
| 2019-12-31 | NT$16.39 | NT$37.85 | x |
| 2020-12-31 | NT$16.37 | NT$37.85 | x |
| 2021-12-31 | NT$16.94 | NT$37.85 | x |
| 2022-12-31 | NT$15.73 | NT$37.85 | x |
| 2023-12-31 | NT$16.76 | NT$37.85 | x |
| 2024-12-31 | NT$21.47 | NT$37.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fu Yu Property 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): 27.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.31%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 3.03x
- Recent ROE (27.96%) is above the historical average (17.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 50.29% | 20.27% | 1.39x | 1.78x | NT$684.60 Million |
| 2018 | 21.25% | 22.74% | 0.42x | 2.24x | NT$219.88 Million |
| 2019 | 8.21% | 10.53% | 0.22x | 3.62x | NT$-34.59 Million |
| 2020 | 7.30% | 8.59% | 0.21x | 4.03x | NT$-52.23 Million |
| 2021 | 10.33% | 13.85% | 0.19x | 3.90x | NT$6.62 Million |
| 2022 | 0.61% | 3.43% | 0.03x | 5.41x | NT$-174.54 Million |
| 2023 | 13.35% | 7.77% | 0.34x | 5.04x | NT$66.28 Million |
| 2024 | 27.96% | 11.31% | 0.81x | 3.03x | NT$455.63 Million |
Industry Comparison
This section compares Fu Yu Property Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $9,894,407,700
- Average return on equity (ROE) among peers: 5.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fu Yu Property Co Ltd (4907) | NT$2.49 Billion | 50.29% | 2.33x | $140.89 Million |
| HUA YU LIEN Development Co Ltd (1436) | $3.49 Billion | 0.00% | 0.01x | $271.78 Million |
| Advancetek Enterprise Co Ltd (1442) | $811.58 Million | 0.00% | 0.76x | $302.29 Million |
| Better Life Group Co Ltd (1805) | $774.41 Million | 26.79% | 1.31x | $46.14 Million |
| Run Long Construction Co Ltd (1808) | $5.07 Billion | 2.31% | 6.26x | $807.49 Million |
| Jean Co Ltd (2442) | $5.43 Billion | 5.80% | 3.72x | $161.67 Million |
| Cathay Real Estate Development Co Ltd (2501) | $26.33 Billion | 3.22% | 1.59x | $845.73 Million |
| Kuo Yang Construction Co Ltd (2505) | $10.28 Billion | 1.92% | 1.18x | $211.91 Million |
| Pacific Construction Co Ltd (2506) | $7.35 Billion | 0.16% | 0.96x | $101.27 Million |
| Prince Housing & Development Corp (2511) | $25.98 Billion | 2.28% | 0.78x | $408.47 Million |
| King’s Town Construction Co Ltd (2524) | $13.42 Billion | 12.34% | 1.69x | $423.74 Million |
About Fu Yu Property Co Ltd
Fu Yu Property Co., Ltd. engages in the development, rental, and sale of residential buildings in Taiwan. The company also constructs factories, as well as engages in the contract construction projects. The company was formerly known as Spring Rain Development Co., Ltd. and changed its name to Fu Yu Property Co., Ltd. in September 2013. The company was founded in 1977 and is based in Taichung, Ta… Read more