Fu Burg Industrial Co Ltd (8929) - Net Assets
Based on the latest financial reports, Fu Burg Industrial Co Ltd (8929) has net assets worth NT$857.32 Million TWD (≈ $27.01 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.27 Billion ≈ $40.16 Million USD) and total liabilities (NT$417.23 Million ≈ $13.15 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. Check 8929 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$857.32 Million |
| % of Total Assets | 67.26% |
| Annual Growth Rate | -1.64% |
| 5-Year Change | -6.33% |
| 10-Year Change | N/A |
| Growth Volatility | 7.06 |
Fu Burg Industrial Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Fu Burg Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Fu Burg Industrial Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Fu Burg Industrial Co Ltd (2017–2024)
The table below shows the annual net assets of Fu Burg Industrial Co Ltd from 2017 to 2024. For live valuation and market cap data, see Fu Burg Industrial Co Ltd (8929) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$936.51 Million ≈ $29.51 Million |
+13.54% |
| 2023-12-31 | NT$824.79 Million ≈ $25.99 Million |
-1.09% |
| 2022-12-31 | NT$833.92 Million ≈ $26.27 Million |
-5.68% |
| 2021-12-31 | NT$884.17 Million ≈ $27.86 Million |
-11.57% |
| 2020-12-31 | NT$999.84 Million ≈ $31.50 Million |
-0.12% |
| 2019-12-31 | NT$1.00 Billion ≈ $31.54 Million |
-2.09% |
| 2018-12-31 | NT$1.02 Billion ≈ $32.21 Million |
-2.75% |
| 2017-12-31 | NT$1.05 Billion ≈ $33.12 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fu Burg Industrial 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 112.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$936.96 Million | 104.40% |
| Total Equity | NT$897.51 Million | 100.00% |
Fu Burg Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Fu Burg Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kyobo 3 SPAC
KQ:208710
|
$24.06 Million |
|
Imperial Equities Inc.
V:IEI
|
$24.07 Million |
|
Canfor Pulp Products Inc.
TO:CFX
|
$24.07 Million |
|
S2 Resources Ltd
AU:S2R
|
$24.07 Million |
|
Smart Logistics Global Limited Ordinary Shares
NASDAQ:SLGB
|
$24.06 Million |
|
Pritika Auto Industries Limited
NSE:PRITIKAUTO
|
$24.06 Million |
|
Avanti Energy Inc
V:AVN
|
$24.04 Million |
|
TMD Energy Limited
NYSE MKT:TMDE
|
$24.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fu Burg Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 793,618,000 to 897,508,000, a change of 103,890,000 (13.1%).
- Net income of 48,259,000 contributed positively to equity growth.
- Other factors increased equity by 55,631,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$48.26 Million | +5.38% |
| Other Changes | NT$55.63 Million | +6.2% |
| Total Change | NT$- | 13.09% |
Book Value vs Market Value Analysis
This analysis compares Fu Burg Industrial 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: 0.85x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$19.41 | NT$15.10 | x |
| 2018-12-31 | NT$18.82 | NT$15.10 | x |
| 2019-12-31 | NT$18.42 | NT$15.10 | x |
| 2020-12-31 | NT$18.58 | NT$15.10 | x |
| 2021-12-31 | NT$16.58 | NT$15.10 | x |
| 2022-12-31 | NT$15.74 | NT$15.10 | x |
| 2023-12-31 | NT$15.69 | NT$15.10 | x |
| 2024-12-31 | NT$17.74 | NT$15.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fu Burg Industrial 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): 5.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.24%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.52x
- Recent ROE (5.38%) is above the historical average (0.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.10% | 7.54% | 1.03x | 1.56x | NT$20.62 Million |
| 2018 | 3.75% | 2.27% | 1.14x | 1.45x | NT$-59.46 Million |
| 2019 | 1.37% | 0.94% | 0.93x | 1.57x | NT$-80.41 Million |
| 2020 | 2.72% | 2.20% | 0.78x | 1.59x | NT$-68.50 Million |
| 2021 | -7.97% | -7.60% | 0.67x | 1.55x | NT$-150.70 Million |
| 2022 | -8.10% | -9.25% | 0.58x | 1.51x | NT$-144.11 Million |
| 2023 | -2.91% | -3.36% | 0.56x | 1.54x | NT$-102.44 Million |
| 2024 | 5.38% | 6.24% | 0.57x | 1.52x | NT$-41.49 Million |
Industry Comparison
This section compares Fu Burg Industrial Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $2,451,518,000
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fu Burg Industrial Co Ltd (8929) | NT$857.32 Million | 12.10% | 0.49x | $24.06 Million |
| Farcent Enterprise Co Ltd (1730) | $1.92 Billion | 13.23% | 0.35x | $104.59 Million |
| Mao Bao Inc (1732) | $501.11 Million | 2.78% | 0.36x | $34.50 Million |
| Taiyen Biotech Co Ltd (1737) | $6.61 Billion | 2.94% | 0.05x | $200.69 Million |
| Sanitar Co Ltd (1817) | $1.80 Billion | 12.28% | 0.51x | $87.65 Million |
| Shihlin Paper Corp (1903) | $4.55 Billion | -2.69% | 0.92x | $405.13 Million |
| Jia Wei Lifestyle Inc (3557) | $1.19 Billion | -23.77% | 0.50x | $80.62 Million |
| Chlitina Holding Ltd (4137) | $4.11 Billion | 29.63% | 0.55x | $276.79 Million |
| Jourdeness Group Ltd (4190) | $422.64 Million | 37.79% | 4.20x | $47.29 Million |
| Kuangli Photoelectric Technology Co Ltd (6431) | $742.47 Million | 7.54% | 0.68x | $59.84 Million |
| Nan Liu Enterprise Co Ltd (6504) | $2.66 Billion | 21.83% | 1.02x | $90.23 Million |
About Fu Burg Industrial Co Ltd
Fu Burg Industrial Co., Ltd., together with its subsidiaries, manufactures and sells adult diapers in Taiwan. The company offers adult care products, including incontinence brief pants, pads, and personal cleansing wipes. It also provides baby care products, such as diapers, pants, and water wipes. In addition, the company offers female care products comprising menstrual pants, napkin, and tampon… Read more