King Polytechnic Engineering Co Ltd
King Polytechnic Engineering Co., Ltd. operates as a construction company in Taiwan and the United States. The company is in volved in the design and installation of chemical machinery and sterile dust-free equipment; networking, investment, production, sale, installation, and maintenance of high-tech purification equipment; civil construction; transportation and sale of sediments; trading in con… Read more
King Polytechnic Engineering Co Ltd (6122) - Net Assets
Latest net assets as of June 2025: NT$1.82 Billion TWD
Based on the latest financial reports, King Polytechnic Engineering Co Ltd (6122) has net assets worth NT$1.82 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.18 Billion) and total liabilities (NT$2.36 Billion). 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$1.82 Billion |
| % of Total Assets | 43.57% |
| Annual Growth Rate | 8.53% |
| 5-Year Change | 59.75% |
| 10-Year Change | N/A |
| Growth Volatility | 8.01 |
King Polytechnic Engineering Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how King Polytechnic Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for King Polytechnic Engineering Co Ltd (2016–2024)
The table below shows the annual net assets of King Polytechnic Engineering Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.83 Billion | +13.05% |
| 2023-12-31 | NT$1.61 Billion | +26.80% |
| 2022-12-31 | NT$1.27 Billion | +8.96% |
| 2021-12-31 | NT$1.17 Billion | +2.29% |
| 2020-12-31 | NT$1.14 Billion | -0.30% |
| 2019-12-31 | NT$1.15 Billion | +8.88% |
| 2018-12-31 | NT$1.05 Billion | +8.78% |
| 2017-12-31 | NT$967.46 Million | +2.05% |
| 2016-12-31 | NT$947.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to King Polytechnic Engineering 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 1267.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$689.15 Million | 37.76% |
| Other Components | NT$1.14 Billion | 62.24% |
| Total Equity | NT$1.83 Billion | 100.00% |
King Polytechnic Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of King Polytechnic Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
$94.17 Million |
|
ICTK Co., Ltd.
KQ:456010
|
$94.19 Million |
|
Froch Enterprise Co Ltd
TW:2030
|
$94.28 Million |
|
BayWa AG vNa
XETRA:BYW6
|
$94.29 Million |
|
First IC Corporation
PINK:FIEB
|
$94.15 Million |
|
Bridgemarq Real Estate Services Inc
PINK:BREUF
|
$94.13 Million |
|
Japan System Techniques Co. Ltd.
PINK:JAPPF
|
$94.10 Million |
|
Esso S.A.F.
PA:ES
|
$94.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in King Polytechnic Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,614,455,000 to 1,825,079,000, a change of 210,624,000 (13.0%).
- Net income of 344,217,000 contributed positively to equity growth.
- Dividend payments of 237,994,000 reduced retained earnings.
- Other comprehensive income decreased equity by 211,226,000.
- Other factors increased equity by 315,627,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$344.22 Million | +18.86% |
| Dividends Paid | NT$237.99 Million | -13.04% |
| Other Comprehensive Income | NT$-211.23 Million | -11.57% |
| Other Changes | NT$315.63 Million | +17.29% |
| Total Change | NT$- | 13.05% |
Book Value vs Market Value Analysis
This analysis compares King Polytechnic Engineering 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: 2.22x
- 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 4.15x to 2.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$12.52 | NT$52.00 | x |
| 2017-12-31 | NT$12.76 | NT$52.00 | x |
| 2018-12-31 | NT$13.82 | NT$52.00 | x |
| 2019-12-31 | NT$14.43 | NT$52.00 | x |
| 2020-12-31 | NT$15.24 | NT$52.00 | x |
| 2021-12-31 | NT$15.60 | NT$52.00 | x |
| 2022-12-31 | NT$16.93 | NT$52.00 | x |
| 2023-12-31 | NT$21.47 | NT$52.00 | x |
| 2024-12-31 | NT$23.37 | NT$52.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently King Polytechnic Engineering Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.33%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.66x
- Recent ROE (18.86%) is above the historical average (8.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1.47% | -1.18% | 0.67x | 1.86x | NT$-106.79 Million |
| 2017 | 1.75% | 0.78% | 0.87x | 2.57x | NT$-78.42 Million |
| 2018 | 1.34% | 0.69% | 1.00x | 1.95x | NT$-89.37 Million |
| 2019 | 14.66% | 8.72% | 0.93x | 1.81x | NT$53.41 Million |
| 2020 | 1.40% | 0.87% | 0.89x | 1.81x | NT$-98.20 Million |
| 2021 | 4.77% | 3.10% | 0.75x | 2.04x | NT$-61.12 Million |
| 2022 | 10.13% | 5.25% | 0.66x | 2.92x | NT$1.69 Million |
| 2023 | 24.20% | 7.35% | 1.51x | 2.17x | NT$229.26 Million |
| 2024 | 18.86% | 8.33% | 0.85x | 2.66x | NT$161.71 Million |
Industry Comparison
This section compares King Polytechnic Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,170,391,600
- Average return on equity (ROE) among peers: 6.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| King Polytechnic Engineering Co Ltd (6122) | NT$1.82 Billion | -1.47% | 1.30x | $94.16 Million |
| Tri Ocean Textile Co Ltd (1472) | $333.36 Million | -10.62% | 2.04x | $47.78 Million |
| Ju-Kao Engineering Co., Ltd. (1594) | $297.75 Million | -0.44% | 0.99x | $1.54 Million |
| United Integrated Services Co Ltd (2404) | $6.61 Billion | 18.38% | 1.52x | $4.54 Billion |
| Long Bon International Co Ltd (2514) | $8.15 Billion | 2.95% | 0.61x | $63.02 Million |
| BES Engineering Co (2515) | $19.46 Billion | 1.31% | 1.00x | $632.27 Million |
| New Asia Construction & Development Corp (2516) | $2.41 Billion | 2.77% | 2.80x | $83.75 Million |
| Delpha Construction Co Ltd (2530) | $3.35 Billion | 17.30% | 0.87x | $263.82 Million |
| Da-Cin Construction Co Ltd (2535) | $7.35 Billion | 8.58% | 1.32x | $428.26 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.87 Billion | 14.12% | 1.47x | $514.98 Million |
| Kedge Construction Co Ltd (2546) | $1.88 Billion | 6.30% | 1.33x | $163.03 Million |