Da Hui Limited
Da Hui Limited, an investment holding company, engages in the production and sale of motorcycle components and child safety seats in the United States, Malaysia, and internationally. It offers motorcycle lights and wholesales car parts. The company also offers steel plate laser cutting services. Da Hui Limited was founded in 1994 and is headquartered in New Taipei City, Taiwan.
Da Hui Limited (5276) - Net Assets
Latest net assets as of March 2023: NT$562.20 Million TWD
Based on the latest financial reports, Da Hui Limited (5276) has net assets worth NT$562.20 Million TWD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$843.72 Million) and total liabilities (NT$281.51 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$562.20 Million |
| % of Total Assets | 66.63% |
| Annual Growth Rate | 2.3% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.69 |
Da Hui Limited - Net Assets Trend (2019–2022)
This chart illustrates how Da Hui Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Da Hui Limited (2019–2022)
The table below shows the annual net assets of Da Hui Limited from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | NT$554.24 Million | +5.72% |
| 2021-12-31 | NT$524.24 Million | +2.11% |
| 2020-12-31 | NT$513.38 Million | -0.84% |
| 2019-12-31 | NT$517.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Da Hui Limited'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 4086900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$29.34 Million | 5.29% |
| Other Components | NT$524.90 Million | 94.71% |
| Total Equity | NT$554.24 Million | 100.00% |
Da Hui Limited Competitors by Market Cap
The table below lists competitors of Da Hui Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Terra Uranium Ltd
AU:T92
|
$4.33 Million |
|
Ginting Jaya Energi
JK:WOWS
|
$4.34 Million |
|
Willings Co. Ltd
KQ:313760
|
$4.34 Million |
|
Vanadium Resources Ltd
AU:VR8
|
$4.34 Million |
|
Aptevo Therapeutics Inc
NASDAQ:APVO
|
$4.33 Million |
|
Oshidori International Holdings Limited
PINK:OSHDF
|
$4.33 Million |
|
Wide Open Agriculture Ltd
AU:WOA
|
$4.33 Million |
|
Krynica Vitamin SA
WAR:KVT
|
$4.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Da Hui Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 524,237,000 to 554,237,000, a change of 30,000,000 (5.7%).
- Net income of 29,330,000 contributed positively to equity growth.
- Dividend payments of 4,325,000 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$29.33 Million | +5.29% |
| Dividends Paid | NT$4.33 Million | -0.78% |
| Other Changes | NT$5.00 Million | +0.9% |
| Total Change | NT$- | 5.72% |
Book Value vs Market Value Analysis
This analysis compares Da Hui Limited'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: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$13.11 | NT$15.70 | x |
| 2020-12-31 | NT$13.00 | NT$15.70 | x |
| 2021-12-31 | NT$13.27 | NT$15.70 | x |
| 2022-12-31 | NT$14.03 | NT$15.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Da Hui Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.18%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.51x
- Recent ROE (5.29%) is above the historical average (2.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -2.25% | -2.12% | 0.84x | 1.26x | NT$-63.43 Million |
| 2020 | 1.44% | 1.20% | 0.75x | 1.61x | NT$-43.93 Million |
| 2021 | 4.35% | 2.89% | 0.97x | 1.55x | NT$-29.62 Million |
| 2022 | 5.29% | 3.18% | 1.11x | 1.51x | NT$-26.09 Million |
Industry Comparison
This section compares Da Hui Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,045,310,500
- Average return on equity (ROE) among peers: -15.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Da Hui Limited (5276) | NT$562.20 Million | -2.25% | 0.50x | $4.33 Million |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $21.32 Million |
| Hiroca Holdings Ltd (1338) | $6.57 Billion | 4.49% | 0.58x | $25.70 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.59 Billion | 3.28% | 0.48x | $26.01 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | 0.00% | 1.41x | $45.05 Million |
| Jui Li Enterprise Co Ltd (1512) | $75.41 Million | -204.20% | 22.29x | $15.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.26 Billion | 4.47% | 0.94x | $18.35 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $174.92 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.11 Billion | 10.49% | 1.30x | $89.90 Million |
| Kian Shen Corp (1525) | $4.44 Billion | 6.91% | 0.20x | $31.87 Million |