Redwood Group Ltd Net Assets
Redwood Group Ltd net assets. Based on the latest financial reports, Redwood Group Ltd (8426) has net assets worth NT$1.27 Billion TWD (≈ $40.11 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$2.54 Billion ≈ $80.11 Million USD) and total liabilities (NT$1.27 Billion ≈ $40.00 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. Also explore Redwood Group Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.27 Billion |
| % of Total Assets | 50.06% |
| Annual Growth Rate | 2.34% |
| 5-Year Change | 77.76% |
| 10-Year Change | N/A |
| Growth Volatility | 16.82 |
Net Assets of Redwood Group Ltd (2017–2025)
Net assets of Redwood Group Ltd from 2017 to 2025. This chart illustrates how Redwood Group Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Redwood Group Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Redwood Group Ltd (2017–2025)
The table below shows the annual net assets of Redwood Group Ltd from 2017 to 2025. For live market cap and overall valuation, see 8426 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.27 Billion ≈ $40.11 Million |
-1.37% |
| 2024-12-31 | NT$1.29 Billion ≈ $40.66 Million |
+20.01% |
| 2023-12-31 | NT$1.08 Billion ≈ $33.88 Million |
+37.92% |
| 2022-12-31 | NT$779.77 Million ≈ $24.57 Million |
+8.89% |
| 2021-12-31 | NT$716.11 Million ≈ $22.56 Million |
-5.24% |
| 2020-12-31 | NT$755.71 Million ≈ $23.81 Million |
-17.23% |
| 2019-12-31 | NT$912.99 Million ≈ $28.76 Million |
-3.50% |
| 2018-12-31 | NT$946.15 Million ≈ $29.81 Million |
-10.54% |
| 2017-12-31 | NT$1.06 Billion ≈ $33.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Redwood Group 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Redwood Group Ltd Net Assets Breakdown (December 2025)
Redwood Group Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$449.07 Million | 35.28% |
| Other Components | NT$823.90 Million | 64.72% |
| Total Equity | NT$1.27 Billion | 100.00% |
Redwood Group Ltd Competitors by Market Cap
The table below lists competitors of Redwood Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zedge Inc
NYSE MKT:ZDGE
|
$31.42 Million |
|
GoviEx Uranium Inc
V:GXU
|
$31.42 Million |
|
Asphere Innovations Public Company Limited
BK:AS
|
$31.43 Million |
|
Biohit Oyj B
HE:BIOBV
|
$31.44 Million |
|
Binh Duong Trade and Development JSC
VN:TDC
|
$31.42 Million |
|
Eurotel SA
WAR:ETL
|
$31.41 Million |
|
Axe Compute Inc.
NASDAQ:AGPU
|
$31.41 Million |
|
Peoplein Ltd
AU:PPE
|
$31.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Redwood Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,290,647,000 to 1,272,971,000, a change of -17,676,000 (-1.4%).
- Net income of 92,997,000 contributed positively to equity growth.
- Dividend payments of 125,606,000 reduced retained earnings.
- Other factors increased equity by 14,933,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$93.00 Million | +7.31% |
| Dividends Paid | NT$125.61 Million | -9.87% |
| Other Changes | NT$14.93 Million | +1.17% |
| Total Change | NT$- | -1.37% |
Book Value vs Market Value Analysis
This analysis compares Redwood Group 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: 0.78x
- 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 0.94x to 0.78x 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$21.05 | NT$19.85 | x |
| 2018-12-31 | NT$18.83 | NT$19.85 | x |
| 2019-12-31 | NT$18.17 | NT$19.85 | x |
| 2020-12-31 | NT$15.04 | NT$19.85 | x |
| 2021-12-31 | NT$14.25 | NT$19.85 | x |
| 2022-12-31 | NT$15.52 | NT$19.85 | x |
| 2023-12-31 | NT$21.40 | NT$19.85 | x |
| 2024-12-31 | NT$25.69 | NT$19.85 | x |
| 2025-12-31 | NT$25.34 | NT$19.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Redwood Group 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): 7.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.44%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 2.00x
- Recent ROE (7.31%) is above the historical average (6.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 16.09% | 9.61% | 1.06x | 1.59x | NT$64.39 Million |
| 2018 | -2.59% | -1.63% | 0.90x | 1.76x | NT$-119.10 Million |
| 2019 | 3.26% | 1.80% | 0.90x | 2.02x | NT$-61.54 Million |
| 2020 | -16.73% | -16.26% | 0.41x | 2.48x | NT$-202.00 Million |
| 2021 | 0.81% | 0.41% | 0.77x | 2.58x | NT$-65.79 Million |
| 2022 | 4.15% | 1.90% | 0.77x | 2.84x | NT$-45.65 Million |
| 2023 | 30.59% | 11.50% | 1.24x | 2.15x | NT$221.48 Million |
| 2024 | 19.58% | 8.81% | 1.21x | 1.83x | NT$123.63 Million |
| 2025 | 7.31% | 3.44% | 1.06x | 2.00x | NT$-34.30 Million |
Industry Comparison
This section compares Redwood Group Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $3,885,464,600
- Average return on equity (ROE) among peers: 10.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Redwood Group Ltd (8426) | NT$1.27 Billion | 16.09% | 1.00x | $31.42 Million |
| Zeng Hsing Industrial Co Ltd (1558) | $1.94 Billion | 30.16% | 0.49x | $213.49 Million |
| Sampo Corp (1604) | $10.12 Billion | 0.00% | 1.52x | $273.51 Million |
| China Electric Manufacturing Corp (1611) | $4.21 Billion | 1.87% | 0.42x | $115.41 Million |
| Taiwan Sanyo Electric Co Ltd (1614) | $5.56 Billion | 5.24% | 0.23x | $256.56 Million |
| Airmate Cayman International Co Ltd (1626) | $2.76 Billion | -4.65% | 1.95x | $46.31 Million |
| Hocheng Corp (1810) | $5.71 Billion | 0.63% | 0.91x | $202.57 Million |
| King Slide Works Co Ltd (2059) | $2.19 Billion | 28.95% | 0.65x | $25.82 Billion |
| Fortune Oriental Co Ltd (2491) | $631.68 Million | 35.06% | 2.74x | $101.28 Million |
| Ado Optronics (3516) | $1.34 Billion | 0.93% | 0.27x | $45.32 Million |
| Mosa Industrial Corp (4564) | $4.39 Billion | 6.79% | 0.80x | $107.08 Million |
About Redwood Group Ltd
Redwood Group Ltd, together with its subsidiaries, engages in the decoration of boutique brand stores in Malaysia, Thailand, India, Vietnam, Japan, the United States, China, the Philippines, Australia, and France. The company also operates as a contract manufacturer of interior fittings for luxury brands. In addition, it provides carpentry, glass, metal and PVD, LED and electrical, paints and coa… Read more