Hotel Royal Chihpen
Hotel Royal Chihpen operates a resort hotel in Taiwan. Its resort hotel comprises guest accommodations, as well as offers recreational facilities and amenities. The company is based in Taitung, Taiwan.
Hotel Royal Chihpen (5704) - Net Assets
Latest net assets as of September 2025: NT$542.06 Million TWD
Based on the latest financial reports, Hotel Royal Chihpen (5704) has net assets worth NT$542.06 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$671.16 Million) and total liabilities (NT$129.10 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$542.06 Million |
| % of Total Assets | 80.76% |
| Annual Growth Rate | 1.47% |
| 5-Year Change | 0.71% |
| 10-Year Change | N/A |
| Growth Volatility | 6.36 |
Hotel Royal Chihpen - Net Assets Trend (2015–2024)
This chart illustrates how Hotel Royal Chihpen's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hotel Royal Chihpen (2015–2024)
The table below shows the annual net assets of Hotel Royal Chihpen from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$537.92 Million | -7.13% |
| 2023-12-31 | NT$579.20 Million | +5.25% |
| 2022-12-31 | NT$550.30 Million | +8.31% |
| 2021-12-31 | NT$508.06 Million | -4.88% |
| 2020-12-31 | NT$534.10 Million | +13.04% |
| 2019-12-31 | NT$472.49 Million | +2.91% |
| 2018-12-31 | NT$459.14 Million | +1.93% |
| 2017-12-31 | NT$450.44 Million | +1.36% |
| 2016-12-31 | NT$444.41 Million | -5.80% |
| 2015-12-31 | NT$471.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hotel Royal Chihpen'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 decreased by 24.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$62.90 Million | 11.69% |
| Other Components | NT$475.01 Million | 88.31% |
| Total Equity | NT$537.92 Million | 100.00% |
Hotel Royal Chihpen Competitors by Market Cap
The table below lists competitors of Hotel Royal Chihpen ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
InBioGen Co Ltd
KO:101140
|
$13.77 Million |
|
FARMACOSMO SPA O.N.
F:ZJ1
|
$13.77 Million |
|
Ctac N.V
AS:CTAC
|
$13.77 Million |
|
High Roller Technologies, Inc.
NYSE MKT:ROLR
|
$13.77 Million |
|
ZOO Digital Group plc
PINK:ZDGGF
|
$13.76 Million |
|
Shield Therapeutics plc
OTCQB:SHIEF
|
$13.76 Million |
|
SEDLM.SPATEN BR.BET
MU:SPB
|
$13.76 Million |
|
Kodi-M Co Ltd
KQ:224060
|
$13.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hotel Royal Chihpen's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 579,195,000 to 537,918,000, a change of -41,277,000 (-7.1%).
- Net income of 15,887,000 contributed positively to equity growth.
- Dividend payments of 58,292,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$15.89 Million | +2.95% |
| Dividends Paid | NT$58.29 Million | -10.84% |
| Other Changes | NT$1.13 Million | +0.21% |
| Total Change | NT$- | -7.13% |
Book Value vs Market Value Analysis
This analysis compares Hotel Royal Chihpen'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: 1.72x
- 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 1.90x to 1.72x 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$11.59 | NT$22.00 | x |
| 2018-12-31 | NT$11.81 | NT$22.00 | x |
| 2019-12-31 | NT$12.16 | NT$22.00 | x |
| 2020-12-31 | NT$13.71 | NT$22.00 | x |
| 2021-12-31 | NT$13.05 | NT$22.00 | x |
| 2022-12-31 | NT$14.14 | NT$22.00 | x |
| 2023-12-31 | NT$14.89 | NT$22.00 | x |
| 2024-12-31 | NT$12.83 | NT$22.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hotel Royal Chihpen utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.52%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.29x
- Recent ROE (2.95%) is below the historical average (9.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 8.68% | 12.39% | 0.58x | 1.21x | NT$-6.22 Million |
| 2016 | 2.84% | 4.49% | 0.52x | 1.22x | NT$-31.83 Million |
| 2017 | 1.57% | 2.41% | 0.52x | 1.24x | NT$-37.98 Million |
| 2018 | 4.38% | 6.13% | 0.58x | 1.24x | NT$-25.81 Million |
| 2019 | 7.04% | 9.41% | 0.59x | 1.26x | NT$-13.97 Million |
| 2020 | 17.54% | 21.72% | 0.61x | 1.33x | NT$40.30 Million |
| 2021 | 11.54% | 16.18% | 0.55x | 1.30x | NT$7.83 Million |
| 2022 | 17.25% | 19.82% | 0.66x | 1.32x | NT$39.88 Million |
| 2023 | 19.99% | 24.78% | 0.61x | 1.33x | NT$57.85 Million |
| 2024 | 2.95% | 4.52% | 0.51x | 1.29x | NT$-37.90 Million |
Industry Comparison
This section compares Hotel Royal Chihpen's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $2,944,952,400
- Average return on equity (ROE) among peers: 2.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hotel Royal Chihpen (5704) | NT$542.06 Million | 8.68% | 0.24x | $13.77 Million |
| Hotel Holiday Garden (2702) | $2.76 Billion | -5.58% | 2.12x | $17.89 Million |
| Ambassador Hotel Ltd (2704) | $8.94 Billion | 3.99% | 0.36x | $189.03 Million |
| Leofoo Development Co Ltd (2705) | $4.83 Billion | -2.03% | 2.24x | $71.93 Million |
| Formosa International Hotels Corp (2707) | $4.97 Billion | 16.35% | 0.34x | $319.20 Million |
| HOYA Resort Hotel Group (2736) | $1.28 Billion | -2.38% | 0.71x | $23.94 Million |
| My Humble House Hospitality Management Consulting Co Ltd (2739) | $1.69 Billion | 19.09% | 0.98x | $31.43 Million |
| FDC International Hotels Corp (2748) | $705.77 Million | 14.97% | 1.88x | $51.81 Million |
| Shihlin Development Company Limited (5324) | $1.77 Billion | -5.78% | 3.69x | $34.54 Million |
| Lealea Hotels & Resorts Co., Ltd. (5364) | $341.25 Million | -9.87% | 1.94x | $8.01 Million |
| Landis Taipei Hotel Co Ltd (5703) | $2.17 Billion | -1.43% | 0.00x | $12.45 Million |