Honey Hope Honesty Enterprise Co Ltd
Honey Hope Honesty Enterprise Co.,Ltd, together with its subsidiaries, engages in the electronic film trading industry in Taiwan, rest of Asia, and internationally. It provides electronic parts, components, and related products. The company also engages in investment activities. Honey Hope Honesty Enterprise Co.,Ltd was incorporated in 1989 and is headquartered in Taipei, Taiwan.
Honey Hope Honesty Enterprise Co Ltd (8043) - Net Assets
Latest net assets as of September 2025: NT$2.60 Billion TWD
Based on the latest financial reports, Honey Hope Honesty Enterprise Co Ltd (8043) has net assets worth NT$2.60 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.36 Billion) and total liabilities (NT$1.75 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$2.60 Billion |
| % of Total Assets | 59.8% |
| Annual Growth Rate | 2.45% |
| 5-Year Change | 10.37% |
| 10-Year Change | N/A |
| Growth Volatility | 6.53 |
Honey Hope Honesty Enterprise Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Honey Hope Honesty Enterprise 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 Honey Hope Honesty Enterprise Co Ltd (2017–2024)
The table below shows the annual net assets of Honey Hope Honesty Enterprise Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.70 Billion | +7.10% |
| 2023-12-31 | NT$2.52 Billion | -4.45% |
| 2022-12-31 | NT$2.64 Billion | +3.95% |
| 2021-12-31 | NT$2.54 Billion | +3.76% |
| 2020-12-31 | NT$2.45 Billion | -0.33% |
| 2019-12-31 | NT$2.45 Billion | -6.00% |
| 2018-12-31 | NT$2.61 Billion | +14.54% |
| 2017-12-31 | NT$2.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Honey Hope Honesty Enterprise 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 2.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.18 Billion | 43.62% |
| Other Components | NT$1.52 Billion | 56.38% |
| Total Equity | NT$2.70 Billion | 100.00% |
Honey Hope Honesty Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Honey Hope Honesty Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Entech SE SAS
PA:ALESE
|
$52.49 Million |
|
Compañía Industrial El Volcán S.A
SN:VOLCAN
|
$52.49 Million |
|
Biodesix Inc
NASDAQ:BDSX
|
$52.50 Million |
|
Votum SA
WAR:VOT
|
$52.51 Million |
|
Thumzup Media Corporation Common Stock
OTCQB:TZUP
|
$52.45 Million |
|
Positivo Tecnologia S.A
SA:POSI3
|
$52.44 Million |
|
InsCorp Inc
OTCQX:IBTN
|
$52.43 Million |
|
Meta Biomed Co. Ltd
KQ:059210
|
$52.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Honey Hope Honesty Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,519,978,000 to 2,698,797,000, a change of 178,819,000 (7.1%).
- Net income of 121,377,000 contributed positively to equity growth.
- Dividend payments of 15,826,000 reduced retained earnings.
- New share issuances of 22,700,000 increased equity.
- Other factors increased equity by 50,568,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$121.38 Million | +4.5% |
| Dividends Paid | NT$15.83 Million | -0.59% |
| Share Issuances | NT$22.70 Million | +0.84% |
| Other Changes | NT$50.57 Million | +1.87% |
| Total Change | NT$- | 7.10% |
Book Value vs Market Value Analysis
This analysis compares Honey Hope Honesty Enterprise 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: 2.10x
- 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 2.49x to 2.10x 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$28.51 | NT$70.90 | x |
| 2018-12-31 | NT$32.66 | NT$70.90 | x |
| 2019-12-31 | NT$30.70 | NT$70.90 | x |
| 2020-12-31 | NT$30.52 | NT$70.90 | x |
| 2021-12-31 | NT$31.68 | NT$70.90 | x |
| 2022-12-31 | NT$32.98 | NT$70.90 | x |
| 2023-12-31 | NT$31.85 | NT$70.90 | x |
| 2024-12-31 | NT$33.77 | NT$70.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Honey Hope Honesty Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.59%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.55x
- Recent ROE (4.50%) is below the historical average (4.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 4.78% | 2.16% | 1.28x | 1.73x | NT$-118.94 Million |
| 2018 | 15.46% | 7.03% | 1.26x | 1.74x | NT$142.38 Million |
| 2019 | 3.17% | 1.45% | 1.35x | 1.62x | NT$-167.57 Million |
| 2020 | 1.22% | 0.52% | 1.24x | 1.91x | NT$-214.69 Million |
| 2021 | 5.52% | 2.28% | 1.18x | 2.05x | NT$-113.58 Million |
| 2022 | 5.72% | 2.58% | 1.31x | 1.70x | NT$-112.87 Million |
| 2023 | -0.76% | -0.39% | 1.27x | 1.52x | NT$-271.06 Million |
| 2024 | 4.50% | 2.59% | 1.12x | 1.55x | NT$-148.50 Million |
Industry Comparison
This section compares Honey Hope Honesty Enterprise Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $179,166,753,100
- Average return on equity (ROE) among peers: 8.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Honey Hope Honesty Enterprise Co Ltd (8043) | NT$2.60 Billion | 4.78% | 0.67x | $52.48 Million |
| Syncmold Enterprise Corp (1582) | $692.08 Million | 47.67% | 1.23x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $7.52 Billion | 6.47% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $242.74 Billion | 13.76% | 0.89x | $76.17 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.18 Billion | -5.23% | 1.12x | $6.31 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.64 Billion | 6.76% | 0.86x | $402.95 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $78.09 Billion |
| Pan-International Industrial Corp (2328) | $11.44 Billion | 3.51% | 0.70x | $546.41 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.35 Billion | 0.15% | 0.41x | $405.66 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.51 Billion | 2.62% | 0.90x | $1.34 Billion |