Kwong Lung Enterprise Co Ltd

TWO:8916 Taiwan Textile Manufacturing
Market Cap
$215.37 Million
NT$7.13 Billion TWD
Market Cap Rank
#17284 Global
#707 in Taiwan
Share Price
NT$47.55
Change (1 day)
+1.17%
52-Week Range
NT$46.55 - NT$59.70
All Time High
NT$60.27
About

Kwong Lung Enterprise Co., Ltd. engages in the manufacture and sale of apparel in Taiwan, China, Vietnam, and Japan. It operates through Apparel Department, Down Material Department, and Home Textile Department segments. The company offers gore-tex garments; seam sealed; down jacket; padded outwear; sleeping bags; tents; and outdoor clothes and tactical pants for men and women. It also provides h… Read more

Kwong Lung Enterprise Co Ltd (8916) - Net Assets

Latest net assets as of June 2025: NT$4.97 Billion TWD

Based on the latest financial reports, Kwong Lung Enterprise Co Ltd (8916) has net assets worth NT$4.97 Billion 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$10.14 Billion) and total liabilities (NT$5.16 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$4.97 Billion
% of Total Assets 49.07%
Annual Growth Rate 6.88%
5-Year Change 20.94%
10-Year Change N/A
Growth Volatility 18.21

Kwong Lung Enterprise Co Ltd - Net Assets Trend (2016–2024)

This chart illustrates how Kwong Lung 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 Kwong Lung Enterprise Co Ltd (2016–2024)

The table below shows the annual net assets of Kwong Lung Enterprise Co Ltd from 2016 to 2024.

Year Net Assets Change
2024-12-31 NT$5.97 Billion +6.63%
2023-12-31 NT$5.60 Billion +0.51%
2022-12-31 NT$5.57 Billion +11.84%
2021-12-31 NT$4.98 Billion +0.90%
2020-12-31 NT$4.94 Billion -3.04%
2019-12-31 NT$5.09 Billion +24.21%
2018-12-31 NT$4.10 Billion +45.27%
2017-12-31 NT$2.82 Billion -19.51%
2016-12-31 NT$3.51 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Kwong Lung 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 grown by 30.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$1.23 Billion 21.09%
Other Components NT$4.60 Billion 78.91%
Total Equity NT$5.83 Billion 100.00%

Kwong Lung Enterprise Co Ltd Competitors by Market Cap

The table below lists competitors of Kwong Lung Enterprise Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kwong Lung Enterprise Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,599,115,000 to 5,828,902,000, a change of 229,787,000 (4.1%).
  • Net income of 609,288,000 contributed positively to equity growth.
  • Dividend payments of 541,575,000 reduced retained earnings.
  • New share issuances of 22,156,000 increased equity.
  • Other comprehensive income decreased equity by 1,338,779,000.
  • Other factors increased equity by 1,478,697,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$609.29 Million +10.45%
Dividends Paid NT$541.58 Million -9.29%
Share Issuances NT$22.16 Million +0.38%
Other Comprehensive Income NT$-1.34 Billion -22.97%
Other Changes NT$1.48 Billion +25.37%
Total Change NT$- 4.10%

Book Value vs Market Value Analysis

This analysis compares Kwong Lung 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: 1.23x
  • 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 1.56x to 1.23x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 NT$30.39 NT$47.55 x
2017-12-31 NT$25.84 NT$47.55 x
2018-12-31 NT$31.71 NT$47.55 x
2019-12-31 NT$38.26 NT$47.55 x
2020-12-31 NT$32.78 NT$47.55 x
2021-12-31 NT$33.03 NT$47.55 x
2022-12-31 NT$36.91 NT$47.55 x
2023-12-31 NT$36.93 NT$47.55 x
2024-12-31 NT$38.57 NT$47.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kwong Lung 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): 10.45%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.72%
  • • Asset Turnover: 0.77x
  • • Equity Multiplier: 1.76x
  • Recent ROE (10.45%) is above the historical average (9.79%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 12.76% 5.20% 1.38x 1.77x NT$96.79 Million
2017 -4.26% -1.39% 1.29x 2.38x NT$-396.17 Million
2018 15.28% 6.09% 1.44x 1.74x NT$213.59 Million
2019 9.69% 4.60% 1.40x 1.50x NT$-15.61 Million
2020 7.01% 4.05% 1.13x 1.53x NT$-147.15 Million
2021 10.39% 6.39% 0.97x 1.67x NT$19.39 Million
2022 16.50% 8.92% 1.20x 1.54x NT$362.22 Million
2023 10.32% 7.49% 0.97x 1.42x NT$17.78 Million
2024 10.45% 7.72% 0.77x 1.76x NT$26.40 Million

Industry Comparison

This section compares Kwong Lung Enterprise 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
Kwong Lung Enterprise Co Ltd (8916) NT$4.97 Billion 12.76% 1.04x $124.79 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