Bon Fame Co Ltd
Bon Fame Co., Ltd. operates in fashionable hair accessories, combs, jewelry and packaging in Taiwan. It offers hair accessories, jewelry, hairstyling, beauty tools, bags and purses, fashion accessories, event, novelty, sporting goods, health care and beauty, personal care, and adapter products. The company was founded in 1974 and is based in Taipei City, Taiwan.
Bon Fame Co Ltd (8433) - Net Assets
Latest net assets as of September 2025: NT$2.20 Billion TWD
Based on the latest financial reports, Bon Fame Co Ltd (8433) has net assets worth NT$2.20 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$4.65 Billion) and total liabilities (NT$2.45 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$2.20 Billion |
| % of Total Assets | 47.37% |
| Annual Growth Rate | 10.73% |
| 5-Year Change | 83.94% |
| 10-Year Change | N/A |
| Growth Volatility | 8.41 |
Bon Fame Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Bon Fame 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 Bon Fame Co Ltd (2017–2024)
The table below shows the annual net assets of Bon Fame Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.60 Billion | +16.95% |
| 2023-12-31 | NT$2.22 Billion | +15.69% |
| 2022-12-31 | NT$1.92 Billion | +26.82% |
| 2021-12-31 | NT$1.51 Billion | +7.20% |
| 2020-12-31 | NT$1.41 Billion | +5.09% |
| 2019-12-31 | NT$1.34 Billion | +1.90% |
| 2018-12-31 | NT$1.32 Billion | +3.61% |
| 2017-12-31 | NT$1.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bon Fame 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 108.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.31 Billion | 50.51% |
| Other Components | NT$1.29 Billion | 49.49% |
| Total Equity | NT$2.60 Billion | 100.00% |
Bon Fame Co Ltd Competitors by Market Cap
The table below lists competitors of Bon Fame Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SBF AG
F:CY1K
|
$39.81 Million |
|
Black Mammoth Metals Corporation
PINK:LQRCF
|
$39.81 Million |
|
Clipper Realty Inc
NYSE:CLPR
|
$39.85 Million |
|
DanCann Pharma A/S
PINK:DCPXF
|
$39.87 Million |
|
Tile Shop Holdings Inc
NASDAQ:TTSH
|
$39.79 Million |
|
Metagenomi, Inc. Common Stock
NASDAQ:MGX
|
$39.79 Million |
|
Rectron Ltd
TW:2302
|
$39.77 Million |
|
Aker Horizons ASA
PINK:AKHOF
|
$39.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bon Fame Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,220,273,000 to 2,596,685,000, a change of 376,412,000 (17.0%).
- Net income of 529,754,000 contributed positively to equity growth.
- Dividend payments of 319,471,000 reduced retained earnings.
- Other factors increased equity by 166,129,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$529.75 Million | +20.4% |
| Dividends Paid | NT$319.47 Million | -12.3% |
| Other Changes | NT$166.13 Million | +6.4% |
| Total Change | NT$- | 16.95% |
Book Value vs Market Value Analysis
This analysis compares Bon Fame 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: 1.16x
- 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 2.29x to 1.16x 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$24.29 | NT$55.70 | x |
| 2018-12-31 | NT$25.31 | NT$55.70 | x |
| 2019-12-31 | NT$25.79 | NT$55.70 | x |
| 2020-12-31 | NT$27.02 | NT$55.70 | x |
| 2021-12-31 | NT$28.95 | NT$55.70 | x |
| 2022-12-31 | NT$36.63 | NT$55.70 | x |
| 2023-12-31 | NT$39.61 | NT$55.70 | x |
| 2024-12-31 | NT$47.99 | NT$55.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bon Fame 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): 20.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.68%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.06x
- Recent ROE (20.40%) is above the historical average (19.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 24.38% | 10.80% | 1.18x | 1.91x | NT$181.95 Million |
| 2018 | 24.71% | 10.43% | 1.19x | 2.00x | NT$193.94 Million |
| 2019 | 16.02% | 7.45% | 1.07x | 2.00x | NT$80.90 Million |
| 2020 | 12.36% | 7.69% | 0.72x | 2.22x | NT$33.28 Million |
| 2021 | 13.78% | 7.39% | 0.85x | 2.18x | NT$57.22 Million |
| 2022 | 26.24% | 16.03% | 0.80x | 2.04x | NT$311.61 Million |
| 2023 | 22.07% | 14.14% | 0.76x | 2.06x | NT$267.91 Million |
| 2024 | 20.40% | 14.68% | 0.68x | 2.06x | NT$270.09 Million |
Industry Comparison
This section compares Bon Fame Co Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $7,530,523,556
- Average return on equity (ROE) among peers: 12.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bon Fame Co Ltd (8433) | NT$2.20 Billion | 24.38% | 1.11x | $39.80 Million |
| Tsann Kuen Enterprise Co Ltd (2430) | $4.72 Billion | 4.73% | 0.96x | $32.65 Million |
| Shan-Loong Transportation Co Ltd (2616) | $2.88 Billion | 7.37% | 0.95x | $46.17 Million |
| Gseven Co Ltd (2937) | $415.06 Million | 9.40% | 1.38x | $17.88 Million |
| Zhen Yu Hardware Co., Ltd. (2947) | $735.63 Million | 6.08% | 3.07x | $21.12 Million |
| Taiwan Mobile Co Ltd (3045) | $50.81 Billion | 28.92% | 0.82x | $4.88 Billion |
| Scan-D (6195) | $1.37 Billion | 19.67% | 1.19x | $19.23 Million |
| E-Life Mall Corp (6281) | $1.39 Billion | 22.75% | 1.28x | $111.02 Million |
| Afastor Corporation (6707) | $853.44 Million | 7.12% | 4.70x | $7.43K |
| North-Star International Co Ltd (8927) | $4.60 Billion | 2.86% | 2.63x | $152.61 Million |