Nan Ren Hu Leisure Amusement Co Ltd (5905) - Net Assets
Based on the latest financial reports, Nan Ren Hu Leisure Amusement Co Ltd (5905) has net assets worth NT$3.69 Billion TWD (≈ $116.27 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$8.79 Billion ≈ $276.90 Million USD) and total liabilities (NT$5.10 Billion ≈ $160.63 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 Nan Ren Hu Leisure Amusement Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.69 Billion |
| % of Total Assets | 41.99% |
| Annual Growth Rate | 3.2% |
| 5-Year Change | 39.02% |
| 10-Year Change | N/A |
| Growth Volatility | 14.14 |
Nan Ren Hu Leisure Amusement Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Nan Ren Hu Leisure Amusement Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 5905 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Nan Ren Hu Leisure Amusement Co Ltd (2017–2024)
The table below shows the annual net assets of Nan Ren Hu Leisure Amusement Co Ltd from 2017 to 2024. For live valuation and market cap data, see Nan Ren Hu Leisure Amusement Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.70 Billion ≈ $116.52 Million |
+8.87% |
| 2023-12-31 | NT$3.40 Billion ≈ $107.03 Million |
-0.28% |
| 2022-12-31 | NT$3.41 Billion ≈ $107.33 Million |
+36.62% |
| 2021-12-31 | NT$2.49 Billion ≈ $78.56 Million |
-6.27% |
| 2020-12-31 | NT$2.66 Billion ≈ $83.82 Million |
-5.84% |
| 2019-12-31 | NT$2.83 Billion ≈ $89.01 Million |
-4.49% |
| 2018-12-31 | NT$2.96 Billion ≈ $93.20 Million |
-0.26% |
| 2017-12-31 | NT$2.97 Billion ≈ $93.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nan Ren Hu Leisure Amusement 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 decreased by 282.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$3.11 Billion | 109.89% |
| Total Equity | NT$2.83 Billion | 100.00% |
Nan Ren Hu Leisure Amusement Co Ltd Competitors by Market Cap
The table below lists competitors of Nan Ren Hu Leisure Amusement Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ilyda SA
AT:ILYDA
|
$70.56 Million |
|
GrowGeneration Corp
NASDAQ:GRWG
|
$70.62 Million |
|
2invest AG
XETRA:2INV
|
$70.69 Million |
|
Hanil Forging Industrial Co. Ltd
KQ:024740
|
$70.69 Million |
|
Oriental Food Industries Hold
KLSE:7107
|
$70.50 Million |
|
Kamdhenu Limited
NSE:KAMDHENU
|
$70.48 Million |
|
Huikwang
TWO:6508
|
$70.48 Million |
|
Sekar Bumi Tbk
JK:SKBM
|
$70.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nan Ren Hu Leisure Amusement Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,657,047,000 to 2,833,856,000, a change of 176,809,000 (6.7%).
- Net loss of 131,697,000 reduced equity.
- Other factors increased equity by 308,506,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-131.70 Million | -4.65% |
| Other Changes | NT$308.51 Million | +10.89% |
| Total Change | NT$- | 6.65% |
Book Value vs Market Value Analysis
This analysis compares Nan Ren Hu Leisure Amusement 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: 0.76x
- 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 increased from 0.65x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$12.19 | NT$7.95 | x |
| 2018-12-31 | NT$12.27 | NT$7.95 | x |
| 2019-12-31 | NT$12.45 | NT$7.95 | x |
| 2020-12-31 | NT$12.26 | NT$7.95 | x |
| 2021-12-31 | NT$11.71 | NT$7.95 | x |
| 2022-12-31 | NT$12.40 | NT$7.95 | x |
| 2023-12-31 | NT$10.64 | NT$7.95 | x |
| 2024-12-31 | NT$10.42 | NT$7.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nan Ren Hu Leisure Amusement Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.45%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.93x
- Recent ROE (-4.65%) is below the historical average (-0.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 3.45% | 5.25% | 0.39x | 1.68x | NT$-162.79 Million |
| 2018 | 3.59% | 6.33% | 0.36x | 1.56x | NT$-160.34 Million |
| 2019 | 2.85% | 5.07% | 0.36x | 1.58x | NT$-168.90 Million |
| 2020 | 2.06% | 4.25% | 0.27x | 1.81x | NT$-189.90 Million |
| 2021 | -6.54% | -17.94% | 0.12x | 3.07x | NT$-367.66 Million |
| 2022 | -6.43% | -17.91% | 0.11x | 3.39x | NT$-442.24 Million |
| 2023 | -1.41% | -3.48% | 0.13x | 3.10x | NT$-303.15 Million |
| 2024 | -4.65% | -13.45% | 0.12x | 2.93x | NT$-415.08 Million |
Industry Comparison
This section compares Nan Ren Hu Leisure Amusement Co Ltd's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $1,219,405,333
- Average return on equity (ROE) among peers: 1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nan Ren Hu Leisure Amusement Co Ltd (5905) | NT$3.69 Billion | 3.45% | 1.38x | $70.54 Million |
| FarGlory Hotel Co Ltd (2712) | $976.94 Million | 9.60% | 0.91x | $59.05 Million |
| Chateau International Development Co Ltd (2722) | $702.35 Million | 0.17% | 0.62x | $105.10 Million |
| Haiwan International Development Co Ltd (3252) | $1.98 Billion | -4.67% | 0.92x | $30.44 Million |
About Nan Ren Hu Leisure Amusement Co Ltd
Nan Ren Lake Leisure Amusement Co., Ltd. provides comprehensive leisure travel and business services in Taiwan. The company operates the National Museum of Marine Biology and Aquarium; Kentington Resort; and Bitan Plaza, Hualien Ulan Plaza, Luodong Plaza, Kaohsiung Gushan Fish Market, Pingtung Agricultural Products Museum, and Heart of Great Martial Arts South Huiyi Station, as well as provides s… Read more