Cashbox Partyworld Co. Ltd.
Cashbox Partyworld Co., Ltd., together with its subsidiaries, engages in the provision of audio-visual equipment for singing in Taiwan. The company operates through Singing Audio-Visual Equipment; Food Manufacturing and Wholesale; and Crop Cultivation segments. It is also involved in distribution and sale of audio-visual equipment and supplies; restaurant operations; food manufacturing and wholes… Read more
Cashbox Partyworld Co. Ltd. (8359) - Net Assets
Latest net assets as of December 2023: NT$7.49 Billion TWD
Based on the latest financial reports, Cashbox Partyworld Co. Ltd. (8359) has net assets worth NT$7.49 Billion TWD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$10.78 Billion) and total liabilities (NT$3.29 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$7.49 Billion |
| % of Total Assets | 69.48% |
| Annual Growth Rate | -0.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.77 |
Cashbox Partyworld Co. Ltd. - Net Assets Trend (2020–2023)
This chart illustrates how Cashbox Partyworld 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 Cashbox Partyworld Co. Ltd. (2020–2023)
The table below shows the annual net assets of Cashbox Partyworld Co. Ltd. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$7.49 Billion | +3.84% |
| 2022-12-31 | NT$7.21 Billion | +3.09% |
| 2021-12-31 | NT$7.00 Billion | -8.75% |
| 2020-12-31 | NT$7.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cashbox Partyworld 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 1.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.98 Billion | 53.26% |
| Common Stock | NT$1.36 Billion | 18.26% |
| Other Components | NT$2.13 Billion | 28.48% |
| Total Equity | NT$7.48 Billion | 100.00% |
Cashbox Partyworld Co. Ltd. Competitors by Market Cap
The table below lists competitors of Cashbox Partyworld Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amosense Co. Ltd.
KQ:357580
|
$69.71 Million |
|
CORZR
PINK:CORZR
|
$69.73 Million |
|
Paramount Corporation Bhd
KLSE:1724
|
$69.73 Million |
|
B&C Speakers S.p.A
F:37B
|
$69.79 Million |
|
Kolmar Holding
KO:024720
|
$69.59 Million |
|
PTC India Financial Services Limited
NSE:PFS
|
$69.58 Million |
|
Li Peng Enterprise Co Ltd
TW:1447
|
$69.58 Million |
|
Forrester Research Inc
NASDAQ:FORR
|
$69.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cashbox Partyworld Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 7,119,772,000 to 7,475,191,000, a change of 355,419,000 (5.0%).
- Net income of 960,498,000 contributed positively to equity growth.
- Dividend payments of 614,250,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$960.50 Million | +12.85% |
| Dividends Paid | NT$614.25 Million | -8.22% |
| Other Changes | NT$9.17 Million | +0.12% |
| Total Change | NT$- | 4.99% |
Book Value vs Market Value Analysis
This analysis compares Cashbox Partyworld 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: 0.86x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.14x to 0.86x 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$55.57 | NT$63.50 | x |
| 2021-12-31 | NT$50.66 | NT$63.50 | x |
| 2022-12-31 | NT$70.54 | NT$63.50 | x |
| 2023-12-31 | NT$74.09 | NT$63.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cashbox Partyworld 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): 12.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.12%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.44x
- Recent ROE (12.85%) is above the historical average (8.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 10.51% | 24.42% | 0.27x | 1.60x | NT$38.36 Million |
| 2021 | 2.69% | 8.77% | 0.19x | 1.62x | NT$-505.26 Million |
| 2022 | 9.51% | 20.89% | 0.29x | 1.55x | NT$-34.90 Million |
| 2023 | 12.85% | 25.12% | 0.35x | 1.44x | NT$212.98 Million |
Industry Comparison
This section compares Cashbox Partyworld Co. Ltd.'s net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,711,263,600
- Average return on equity (ROE) among peers: -0.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cashbox Partyworld Co. Ltd. (8359) | NT$7.49 Billion | 10.51% | 0.44x | $69.69 Million |
| Trk Corp (1432) | $469.66 Million | -24.18% | 3.77x | $34.47 Million |
| Rexon Industrial Corp Ltd (1515) | $2.33 Billion | 4.56% | 1.33x | $101.55 Million |
| Sun Race Sturmey-Archer Inc (1526) | $654.76 Million | 0.00% | 1.33x | $22.79 Million |
| Chi Hua Fitness Co Ltd (1593) | $876.47 Million | 13.62% | 0.20x | $29.76 Million |
| Dyaco International Inc (1598) | $4.06 Billion | -2.33% | 1.94x | $63.34 Million |
| Johnson Health Tech Co Ltd (1736) | $9.38 Billion | 1.06% | 2.76x | $347.60 Million |
| World Fitness Services Ltd (2762) | $2.90 Billion | 1.10% | 5.19x | $22.31K |
| Topkey Corp (4536) | $2.93 Billion | 17.26% | 1.06x | $305.91 Million |
| Brogent Technologies (5263) | $2.90 Billion | 8.87% | 0.45x | $129.86 Million |
| Janfusun Fancyworld (5701) | $609.74 Million | -22.48% | 3.77x | $9.21 Million |