Lungyen Life Service Net Assets
Lungyen Life Service net assets. Based on the latest financial reports, Lungyen Life Service (5530) has net assets worth NT$28.57 Billion TWD (≈ $900.26 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$78.70 Billion ≈ $2.48 Billion USD) and total liabilities (NT$50.13 Billion ≈ $1.58 Billion 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. Also explore Lungyen Life Service net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$28.57 Billion |
| % of Total Assets | 36.31% |
| Annual Growth Rate | 9.42% |
| 5-Year Change | 27.75% |
| 10-Year Change | N/A |
| Growth Volatility | 7.37 |
Net Assets of Lungyen Life Service (2017–2025)
Net assets of Lungyen Life Service from 2017 to 2025. This chart illustrates how Lungyen Life Service's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Lungyen Life Service to measure how much of total assets are equity-financed.
Annual Net Assets for Lungyen Life Service (2017–2025)
The table below shows the annual net assets of Lungyen Life Service from 2017 to 2025. For live market cap and overall valuation, see Lungyen Life Service stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$28.57 Billion ≈ $900.26 Million |
+8.86% |
| 2024-12-31 | NT$26.25 Billion ≈ $826.99 Million |
+11.57% |
| 2023-12-31 | NT$23.53 Billion ≈ $741.20 Million |
+9.32% |
| 2022-12-31 | NT$21.52 Billion ≈ $678.01 Million |
-3.79% |
| 2021-12-31 | NT$22.37 Billion ≈ $704.70 Million |
+8.81% |
| 2020-12-31 | NT$20.56 Billion ≈ $647.67 Million |
+3.13% |
| 2019-12-31 | NT$19.93 Billion ≈ $628.03 Million |
+21.01% |
| 2018-12-31 | NT$16.47 Billion ≈ $518.99 Million |
+18.46% |
| 2017-12-31 | NT$13.91 Billion ≈ $438.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lungyen Life Service'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 187.9% over the analyzed period, indicating profitable operations and earnings retention.
Lungyen Life Service Net Assets Breakdown (December 2025)
Lungyen Life Service net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$15.40 Billion | 53.97% |
| Other Components | NT$13.14 Billion | 46.03% |
| Total Equity | NT$28.54 Billion | 100.00% |
Lungyen Life Service Competitors by Market Cap
The table below lists competitors of Lungyen Life Service ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bintulu Port Holdings Bhd
KLSE:5032
|
$589.00 Million |
|
Complete Logistic Services Bhd
KLSE:5136
|
$589.14 Million |
|
P10 Inc
NYSE:PX
|
$589.41 Million |
|
Minami Acoustics Ltd. A
SHE:301383
|
$589.45 Million |
|
Far East Holdings Bhd
KLSE:5029
|
$588.92 Million |
|
Cytek Biosciences Inc
NASDAQ:CTKB
|
$588.89 Million |
|
Century Iron And Steel Industrial Co Ltd
TW:9958
|
$588.84 Million |
|
Cubic Sensor and Instrument Co Ltd
SHG:688665
|
$588.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lungyen Life Service's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,153,085,000 to 28,538,463,000, a change of 2,385,378,000 (9.1%).
- Net income of 1,154,484,000 contributed positively to equity growth.
- Other factors increased equity by 1,230,894,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.15 Billion | +4.05% |
| Other Changes | NT$1.23 Billion | +4.31% |
| Total Change | NT$- | 9.12% |
Book Value vs Market Value Analysis
This analysis compares Lungyen Life Service'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: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.49x to 0.66x 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$29.82 | NT$44.50 | x |
| 2018-12-31 | NT$35.67 | NT$44.50 | x |
| 2019-12-31 | NT$43.89 | NT$44.50 | x |
| 2020-12-31 | NT$45.05 | NT$44.50 | x |
| 2021-12-31 | NT$49.27 | NT$44.50 | x |
| 2022-12-31 | NT$48.33 | NT$44.50 | x |
| 2023-12-31 | NT$55.73 | NT$44.50 | x |
| 2024-12-31 | NT$62.26 | NT$44.50 | x |
| 2025-12-31 | NT$67.94 | NT$44.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lungyen Life Service 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): 4.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.53%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.76x
- Recent ROE (4.05%) is below the historical average (8.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 14.72% | 36.13% | 0.10x | 4.28x | NT$591.11 Million |
| 2018 | 14.55% | 43.99% | 0.08x | 4.22x | NT$682.30 Million |
| 2019 | 12.49% | 50.51% | 0.07x | 3.53x | NT$459.27 Million |
| 2020 | 6.58% | 33.97% | 0.06x | 3.39x | NT$-647.84 Million |
| 2021 | 6.83% | 39.80% | 0.05x | 3.24x | NT$-656.74 Million |
| 2022 | 6.54% | 33.52% | 0.06x | 3.29x | NT$-701.51 Million |
| 2023 | 5.16% | 29.51% | 0.06x | 2.98x | NT$-1.13 Billion |
| 2024 | 6.15% | 38.65% | 0.06x | 2.80x | NT$-1.01 Billion |
| 2025 | 4.05% | 28.53% | 0.05x | 2.76x | NT$-1.70 Billion |
Industry Comparison
This section compares Lungyen Life Service's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $509,470,000
- Average return on equity (ROE) among peers: 1.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lungyen Life Service (5530) | NT$28.57 Billion | 14.72% | 1.75x | $588.96 Million |
| Da Lue International Holding Co Ltd (4804) | $509.47 Million | 1.79% | 1.87x | $6.21 Million |
About Lungyen Life Service
Lungyen Life Service Corporation provides funeral facilities and services in Taiwan. It operates through five segments: Columbarium Sales; Funeral Service; Property Lease; Cemetery Operation and Others; and Construction Sales. The company's funeral services comprise contract and service guide, and order wreath; cemetery services, such as cemetery guide and services, and shuttle services; and pet … Read more