King's Metal Fiber Technologies Co., Ltd.
King's Metal Fiber Technologies Co., Ltd. engages in the supply of various materials and solutions in Taiwan. It offers automotive glass, including heating zone roller, mold and roller covers, press and quench ring covers, quench ropes, laminated tapes, and accessories; hollow glass, such as braided ropes, woven tapes, stainless steel felts, woven sleeves, and take out disc products; and burner c… Read more
King's Metal Fiber Technologies Co., Ltd. (6832) - Net Assets
Latest net assets as of June 2025: NT$480.96 Million TWD
Based on the latest financial reports, King's Metal Fiber Technologies Co., Ltd. (6832) has net assets worth NT$480.96 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$984.23 Million) and total liabilities (NT$503.27 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$480.96 Million |
| % of Total Assets | 48.87% |
| Annual Growth Rate | 14.79% |
| 5-Year Change | 56.72% |
| 10-Year Change | N/A |
| Growth Volatility | 6.48 |
King's Metal Fiber Technologies Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how King's Metal Fiber Technologies 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's Metal Fiber Technologies Co., Ltd. (2019–2024)
The table below shows the annual net assets of King's Metal Fiber Technologies Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$487.25 Million | +12.38% |
| 2023-12-31 | NT$433.59 Million | +15.55% |
| 2022-12-31 | NT$375.25 Million | +10.23% |
| 2021-12-31 | NT$340.43 Million | +9.50% |
| 2020-12-31 | NT$310.91 Million | +27.23% |
| 2019-12-31 | NT$244.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to King's Metal Fiber Technologies 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 20942200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$209.42 Million | 42.98% |
| Common Stock | NT$264.11 Million | 54.20% |
| Other Comprehensive Income | NT$-630.00K | -0.13% |
| Other Components | NT$14.35 Million | 2.95% |
| Total Equity | NT$487.25 Million | 100.00% |
King's Metal Fiber Technologies Co., Ltd. Competitors by Market Cap
The table below lists competitors of King's Metal Fiber Technologies Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea SE Corp
KQ:101670
|
$13.70 Million |
|
Hercules Investments Limited
NSE:HERCULES
|
$13.70 Million |
|
Swissnet AG
F:81D
|
$13.71 Million |
|
FARMACOSMO SPA O.N.
F:ZJ1
|
$13.71 Million |
|
Isaac Engineering Co. Ltd.
KQ:351330
|
$13.70 Million |
|
Yao I Fabric Co Ltd
TWO:4430
|
$13.69 Million |
|
Little Green Pharma Ltd
AU:LGP
|
$13.69 Million |
|
Old Market Capital Corporation
NASDAQ:OMCC
|
$13.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in King's Metal Fiber Technologies Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 433,589,000 to 487,251,000, a change of 53,662,000 (12.4%).
- Net income of 89,801,000 contributed positively to equity growth.
- Dividend payments of 36,015,000 reduced retained earnings.
- Other comprehensive income increased equity by 92,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$89.80 Million | +18.43% |
| Dividends Paid | NT$36.02 Million | -7.39% |
| Other Comprehensive Income | NT$92.00K | +0.02% |
| Other Changes | NT$-216.00K | -0.04% |
| Total Change | NT$- | 12.38% |
Book Value vs Market Value Analysis
This analysis compares King's Metal Fiber Technologies 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: 3.49x
- 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 7.35x to 3.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$8.74 | NT$64.30 | x |
| 2020-12-31 | NT$13.45 | NT$64.30 | x |
| 2021-12-31 | NT$14.19 | NT$64.30 | x |
| 2022-12-31 | NT$15.60 | NT$64.30 | x |
| 2023-12-31 | NT$16.37 | NT$64.30 | x |
| 2024-12-31 | NT$18.42 | NT$64.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently King's Metal Fiber Technologies Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.27%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.95x
- Recent ROE (18.43%) is above the historical average (17.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 7.19% | 4.86% | 0.50x | 2.97x | NT$-6.87 Million |
| 2020 | 21.06% | 19.44% | 0.40x | 2.72x | NT$34.40 Million |
| 2021 | 16.44% | 15.08% | 0.42x | 2.60x | NT$21.93 Million |
| 2022 | 18.32% | 16.57% | 0.46x | 2.40x | NT$31.21 Million |
| 2023 | 20.89% | 20.25% | 0.50x | 2.07x | NT$47.20 Million |
| 2024 | 18.43% | 20.27% | 0.47x | 1.95x | NT$41.08 Million |
Industry Comparison
This section compares King's Metal Fiber Technologies Co., Ltd.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $10,053,255,300
- Average return on equity (ROE) among peers: 0.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| King's Metal Fiber Technologies Co., Ltd. (6832) | NT$480.96 Million | 7.19% | 1.05x | $13.70 Million |
| San Fang Chemical Industry Co Ltd (1307) | $3.53 Billion | 9.88% | 0.84x | $162.86 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $1.30 Billion | 17.66% | 0.61x | $17.82 Million |
| Cathay Consolidated Inc (1342) | $767.81 Million | 20.83% | 0.72x | $153.08 Million |
| Far Eastern New Century Corp (1402) | $65.98 Billion | 0.35% | 1.50x | $2.96 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $19.64 Billion | -0.34% | 2.92x | $547.21 Million |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.16 Billion | -2.10% | 0.41x | $41.04 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $1.53 Billion | 7.80% | 0.95x | $18.36 Million |
| Tung Ho Textile Co Ltd (1414) | $1.54 Billion | -19.15% | 2.15x | $46.60 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $849.18 Million | -25.66% | 2.14x | $10.48 Million |
| Shinkong Textile Co Ltd (1419) | $4.24 Billion | 0.18% | 0.64x | $310.31 Million |