Loyalty Founder Enterprise Co Ltd (5465) - Net Assets
Based on the latest financial reports, Loyalty Founder Enterprise Co Ltd (5465) has net assets worth NT$2.85 Billion TWD (≈ $89.89 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$5.25 Billion ≈ $165.44 Million USD) and total liabilities (NT$2.40 Billion ≈ $75.55 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 how resilient are Loyalty Founder Enterprise Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.85 Billion |
| % of Total Assets | 54.33% |
| Annual Growth Rate | 8.91% |
| 5-Year Change | 13.71% |
| 10-Year Change | N/A |
| Growth Volatility | 17.36 |
Loyalty Founder Enterprise Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Loyalty Founder Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Loyalty Founder Enterprise Co Ltd (5465) total assets for the complete picture of this company's asset base.
Annual Net Assets for Loyalty Founder Enterprise Co Ltd (2017–2024)
The table below shows the annual net assets of Loyalty Founder Enterprise Co Ltd from 2017 to 2024. For live valuation and market cap data, see Loyalty Founder Enterprise Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.01 Billion ≈ $94.79 Million |
+7.25% |
| 2023-12-31 | NT$2.81 Billion ≈ $88.38 Million |
+3.22% |
| 2022-12-31 | NT$2.72 Billion ≈ $85.63 Million |
+8.23% |
| 2021-12-31 | NT$2.51 Billion ≈ $79.11 Million |
-5.10% |
| 2020-12-31 | NT$2.65 Billion ≈ $83.37 Million |
+2.80% |
| 2019-12-31 | NT$2.57 Billion ≈ $81.09 Million |
+2.67% |
| 2018-12-31 | NT$2.51 Billion ≈ $78.99 Million |
+51.46% |
| 2017-12-31 | NT$1.66 Billion ≈ $52.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Loyalty Founder 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 grown by 75.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$443.78 Million | 18.02% |
| Other Components | NT$2.02 Billion | 81.98% |
| Total Equity | NT$2.46 Billion | 100.00% |
Loyalty Founder Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Loyalty Founder Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apiam Animal Health Ltd
AU:AHX
|
$116.33 Million |
|
Hwaseung Industries Co Ltd
KO:006060
|
$116.36 Million |
|
QRF SCA
BR:QRF
|
$116.46 Million |
|
FCR Immobilien AG
XETRA:FC9
|
$116.47 Million |
|
Rugvista Group AB
ST:RUG
|
$116.31 Million |
|
Shree Digvijay Cement Co.Ltd
NSE:SHREDIGCEM
|
$116.31 Million |
|
Renaissance Global Limited
NSE:RGL
|
$116.22 Million |
|
PT DFI Retail Nusantara Tbk
JK:HERO
|
$116.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Loyalty Founder Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,338,935,000 to 2,462,153,000, a change of 123,218,000 (5.3%).
- Net income of 269,028,000 contributed positively to equity growth.
- Dividend payments of 221,524,000 reduced retained earnings.
- Other factors increased equity by 75,714,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$269.03 Million | +10.93% |
| Dividends Paid | NT$221.52 Million | -9.0% |
| Other Changes | NT$75.71 Million | +3.08% |
| Total Change | NT$- | 5.27% |
Book Value vs Market Value Analysis
This analysis compares Loyalty Founder 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: 1.50x
- 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 2.22x to 1.50x 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$11.27 | NT$25.00 | x |
| 2018-12-31 | NT$13.53 | NT$25.00 | x |
| 2019-12-31 | NT$13.85 | NT$25.00 | x |
| 2020-12-31 | NT$14.03 | NT$25.00 | x |
| 2021-12-31 | NT$13.33 | NT$25.00 | x |
| 2022-12-31 | NT$15.53 | NT$25.00 | x |
| 2023-12-31 | NT$15.79 | NT$25.00 | x |
| 2024-12-31 | NT$16.67 | NT$25.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Loyalty Founder Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.00%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.05x
- Recent ROE (10.93%) is above the historical average (8.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.96% | 5.61% | 0.71x | 1.51x | NT$-66.81 Million |
| 2018 | 2.79% | 1.62% | 0.68x | 2.54x | NT$-160.00 Million |
| 2019 | 6.64% | 3.01% | 0.96x | 2.28x | NT$-76.40 Million |
| 2020 | 8.13% | 3.07% | 1.06x | 2.50x | NT$-43.21 Million |
| 2021 | 9.45% | 3.70% | 1.27x | 2.01x | NT$-11.79 Million |
| 2022 | 12.96% | 6.98% | 1.04x | 1.78x | NT$68.34 Million |
| 2023 | 12.37% | 5.32% | 1.12x | 2.08x | NT$55.49 Million |
| 2024 | 10.93% | 6.00% | 0.89x | 2.05x | NT$22.81 Million |
Industry Comparison
This section compares Loyalty Founder Enterprise Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $38,613,442,000
- Average return on equity (ROE) among peers: 2.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Loyalty Founder Enterprise Co Ltd (5465) | NT$2.85 Billion | 5.96% | 0.84x | $116.32 Million |
| Solytech Enterprise Corp (1471) | $1.53 Billion | 0.43% | 0.12x | $53.55 Million |
| Lite-On Technology Corp (2301) | $80.01 Billion | 11.45% | 1.07x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $25.77 Billion | 1.76% | 2.75x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $27.94 Billion | -6.18% | 0.41x | $348.35 Million |
| Compal Electronics Inc (2324) | $114.76 Billion | 6.06% | 2.33x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $21.12 Billion | 0.70% | 0.73x | $360.88 Million |
| Ritek Corp (2349) | $26.09 Billion | -11.98% | 0.54x | $272.09 Million |
| Qisda Corp (2352) | $27.69 Billion | 17.23% | 3.27x | $975.88 Million |
| Acer Inc (2353) | $58.99 Billion | 5.19% | 1.61x | $2.61 Billion |
About Loyalty Founder Enterprise Co Ltd
Loyalty Founder Enterprise Co.,Ltd. engages in the manufacture, processing, and sale of precision steel molds and stamping die products for computers and server chassis in Taiwan, the United States, and Mainland China. It offers data storage and processing equipment, as well as computers, server chassis, and power supplies products. In addition, the company is involved in general investments acti… Read more