Kenmec Mechanical Engineering Co Ltd (6125) - Net Assets
Based on the latest financial reports, Kenmec Mechanical Engineering Co Ltd (6125) has net assets worth NT$5.79 Billion TWD (≈ $182.47 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$11.76 Billion ≈ $370.63 Million USD) and total liabilities (NT$5.97 Billion ≈ $188.16 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 6125 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$5.79 Billion |
| % of Total Assets | 49.23% |
| Annual Growth Rate | -2.02% |
| 5-Year Change | 22.39% |
| 10-Year Change | N/A |
| Growth Volatility | 13.2 |
Kenmec Mechanical Engineering Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Kenmec Mechanical Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Kenmec Mechanical Engineering Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kenmec Mechanical Engineering Co Ltd (2017–2025)
The table below shows the annual net assets of Kenmec Mechanical Engineering Co Ltd from 2017 to 2025. For live valuation and market cap data, see Kenmec Mechanical Engineering Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$5.79 Billion ≈ $182.47 Million |
-0.68% |
| 2024-12-31 | NT$5.83 Billion ≈ $183.72 Million |
+0.88% |
| 2023-12-31 | NT$5.78 Billion ≈ $182.12 Million |
+4.82% |
| 2022-12-31 | NT$5.51 Billion ≈ $173.75 Million |
+16.54% |
| 2021-12-31 | NT$4.73 Billion ≈ $149.09 Million |
-10.76% |
| 2020-12-31 | NT$5.30 Billion ≈ $167.06 Million |
-9.48% |
| 2019-12-31 | NT$5.86 Billion ≈ $184.56 Million |
+15.53% |
| 2018-12-31 | NT$5.07 Billion ≈ $159.76 Million |
-25.65% |
| 2017-12-31 | NT$6.82 Billion ≈ $214.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kenmec Mechanical 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 31028900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$258.57 Million | 5.83% |
| Other Components | NT$4.17 Billion | 94.17% |
| Total Equity | NT$4.43 Billion | 100.00% |
Kenmec Mechanical Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Kenmec Mechanical Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XMax Inc.
NASDAQ:XMAX
|
$518.99 Million |
|
Zhejiang Zoenn Design Co Ltd
SHE:300901
|
$519.07 Million |
|
Shang Gong Group Co Ltd A
SHG:600843
|
$519.09 Million |
|
Ningbo Bird Co Ltd
SHG:600130
|
$519.11 Million |
|
Kambi Group PLC Series B
LSE:0EAW
|
$518.97 Million |
|
Canadian Tire Corporation Limited
TO:CTC
|
$518.81 Million |
|
Cheng Mei Materials Technology Corp
TW:4960
|
$518.66 Million |
|
Guangdong Shirongzhaoye Co Ltd
SHE:002016
|
$518.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kenmec Mechanical Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,548,973,000 to 4,432,988,000, a change of -115,985,000 (-2.5%).
- Net income of 26,180,000 contributed positively to equity growth.
- Dividend payments of 181,308,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$26.18 Million | +0.59% |
| Dividends Paid | NT$181.31 Million | -4.09% |
| Other Changes | NT$39.14 Million | +0.88% |
| Total Change | NT$- | -2.55% |
Book Value vs Market Value Analysis
This analysis compares Kenmec Mechanical 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: 3.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.32x to 3.72x 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$14.73 | NT$63.60 | x |
| 2018-12-31 | NT$13.52 | NT$63.60 | x |
| 2019-12-31 | NT$18.38 | NT$63.60 | x |
| 2020-12-31 | NT$16.17 | NT$63.60 | x |
| 2021-12-31 | NT$13.69 | NT$63.60 | x |
| 2022-12-31 | NT$14.53 | NT$63.60 | x |
| 2023-12-31 | NT$16.07 | NT$63.60 | x |
| 2024-12-31 | NT$17.56 | NT$63.60 | x |
| 2025-12-31 | NT$17.12 | NT$63.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kenmec Mechanical Engineering Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.78%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.65x
- Recent ROE (0.59%) is below the historical average (4.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -6.05% | -2.53% | 0.61x | 3.91x | NT$-588.53 Million |
| 2018 | -5.10% | -3.06% | 0.49x | 3.39x | NT$-502.78 Million |
| 2019 | 29.63% | 30.83% | 0.43x | 2.26x | NT$891.15 Million |
| 2020 | -2.43% | -2.26% | 0.42x | 2.56x | NT$-496.90 Million |
| 2021 | -8.49% | -7.11% | 0.38x | 3.10x | NT$-625.84 Million |
| 2022 | 13.03% | 8.77% | 0.48x | 3.08x | NT$109.29 Million |
| 2023 | 19.84% | 14.34% | 0.48x | 2.91x | NT$394.86 Million |
| 2024 | -3.15% | -5.31% | 0.23x | 2.62x | NT$-598.12 Million |
| 2025 | 0.59% | 0.78% | 0.28x | 2.65x | NT$-417.12 Million |
Industry Comparison
This section compares Kenmec Mechanical Engineering Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $9,534,808,700
- Average return on equity (ROE) among peers: 5.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kenmec Mechanical Engineering Co Ltd (6125) | NT$5.79 Billion | -6.05% | 1.03x | $518.99 Million |
| TECO Electric & Machinery Co Ltd (1504) | $55.72 Billion | 6.25% | 0.66x | $5.17 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $6.33 Billion | 15.11% | 1.20x | $2.75 Billion |
| Anderson Industrial Corp (1528) | $2.50 Billion | -0.60% | 1.23x | $153.11 Million |
| Awea Mechantronic Co Ltd (1530) | $3.01 Billion | 3.94% | 1.24x | $91.05 Million |
| Kaulin Mfg (1531) | $3.82 Billion | 2.86% | 0.24x | $74.01 Million |
| Chiu Ting Machinery Co Ltd (1539) | $1.58 Billion | 3.98% | 0.59x | $32.33 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.41 Billion | 2.86% | 0.16x | $58.97 Million |
| Sinmag Equipment (1580) | $3.37 Billion | 18.47% | 0.35x | $192.75 Million |
| Goodway Machine Corp (1583) | $7.20 Billion | -7.35% | 0.97x | $173.37 Million |
| Airtac International Group (1590) | $10.41 Billion | 13.14% | 1.06x | $8.70 Billion |
About Kenmec Mechanical Engineering Co Ltd
Kenmec Mechanical Engineering Co., Ltd., together with its subsidiaries, plans, designs, manufactures, and trades in engineering and automated equipment in Taiwan, China, Hong Kong, the United States, Canada, and internationally. It operates in five segments: Automation; Manufacture of Solar Power System, Parts, and Components; Electronic Parts and Components; and Other. The company offers whole … Read more