Flight International Co., Ltd.
Flight International Co., Ltd. engages in brand marketing, sports events, and talent presentation businesses. The company is based in Taipei, Taiwan.
Flight International Co., Ltd. (6798) - Net Assets
Latest net assets as of June 2025: NT$231.92 Million TWD
Based on the latest financial reports, Flight International Co., Ltd. (6798) has net assets worth NT$231.92 Million 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$436.67 Million) and total liabilities (NT$204.74 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$231.92 Million |
| % of Total Assets | 53.11% |
| Annual Growth Rate | 8.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.28 |
Flight International Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Flight International 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 Flight International Co., Ltd. (2020–2024)
The table below shows the annual net assets of Flight International Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$281.53 Million | -2.90% |
| 2023-12-31 | NT$289.93 Million | +34.71% |
| 2022-12-31 | NT$215.22 Million | +20.01% |
| 2021-12-31 | NT$179.33 Million | -11.42% |
| 2020-12-31 | NT$202.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flight International 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 3823100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$10.00 Million | 3.60% |
| Common Stock | NT$195.72 Million | 70.36% |
| Other Components | NT$72.46 Million | 26.05% |
| Total Equity | NT$278.18 Million | 100.00% |
Flight International Co., Ltd. Competitors by Market Cap
The table below lists competitors of Flight International Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHANDONG MOLONG -H-
MU:PXI
|
$10.98K |
|
BellRock Brands Inc
PINK:DXBRF
|
$10.98K |
|
EVEN3F
SA:EVEN3F
|
$10.98K |
|
SPARK NEW (NZT.SG)
STU:NZT
|
$10.99K |
|
General Aviation Import Export JSC
VN:ARM
|
$10.97K |
|
From Bio Co. Ltd.
KO:377220
|
$10.96K |
|
Mingzhu Logistics Holdings Ltd
NASDAQ:YGMZ
|
$10.95K |
|
GUINNESS GHANA BREWERIES LTD.
GSE:GGBL
|
$10.94K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flight International Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 287,180,000 to 278,181,000, a change of -8,999,000 (-3.1%).
- Net income of 10,001,000 contributed positively to equity growth.
- Dividend payments of 19,572,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$10.00 Million | +3.6% |
| Dividends Paid | NT$19.57 Million | -7.04% |
| Other Changes | NT$572.00K | +0.21% |
| Total Change | NT$- | -3.13% |
Book Value vs Market Value Analysis
This analysis compares Flight International 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: 2.73x
- 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 3.23x to 2.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$12.02 | NT$38.80 | x |
| 2021-12-31 | NT$10.73 | NT$38.80 | x |
| 2022-12-31 | NT$12.61 | NT$38.80 | x |
| 2023-12-31 | NT$14.97 | NT$38.80 | x |
| 2024-12-31 | NT$14.21 | NT$38.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flight International Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 1.68x
- Recent ROE (3.60%) is above the historical average (-4.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -14.14% | -8.29% | 0.97x | 1.77x | NT$-48.20 Million |
| 2021 | -13.72% | -7.18% | 0.95x | 2.00x | NT$-42.20 Million |
| 2022 | -5.12% | -2.17% | 1.23x | 1.92x | NT$-32.38 Million |
| 2023 | 7.08% | 2.62% | 1.55x | 1.75x | NT$-8.38 Million |
| 2024 | 3.60% | 1.44% | 1.48x | 1.68x | NT$-17.82 Million |
Industry Comparison
This section compares Flight International Co., Ltd.'s net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,439,401,000
- Average return on equity (ROE) among peers: 22.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flight International Co., Ltd. (6798) | NT$231.92 Million | -14.14% | 0.88x | $10.98K |
| Fullerton Technology Co Ltd (6136) | $1.44 Billion | 22.61% | 0.45x | $70.08 Million |