Kuo Toong International Co Ltd
Kuo Toong International Co., Ltd. engages in the design, production, and assembly of water supply and division pipes in Taiwan and Mainland China. It operates through Kuo Toong, Kuo Yang, and Other segments. The company offers prestressed concrete and cylinder pipes, straight and propelling steel pipes, ductile iron pipes and accessories, water collecting pipes, PCCP, steel pipes by jacking metho… Read more
Kuo Toong International Co Ltd (8936) - Net Assets
Latest net assets as of September 2025: NT$8.21 Billion TWD
Based on the latest financial reports, Kuo Toong International Co Ltd (8936) has net assets worth NT$8.21 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$13.71 Billion) and total liabilities (NT$5.50 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$8.21 Billion |
| % of Total Assets | 59.88% |
| Annual Growth Rate | 15.18% |
| 5-Year Change | 24.07% |
| 10-Year Change | 47.36% |
| Growth Volatility | 22.74 |
Kuo Toong International Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Kuo Toong International 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 Kuo Toong International Co Ltd (2006–2024)
The table below shows the annual net assets of Kuo Toong International Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$8.05 Billion | +9.07% |
| 2023-12-31 | NT$7.38 Billion | +5.46% |
| 2022-12-31 | NT$7.00 Billion | +3.82% |
| 2021-12-31 | NT$6.74 Billion | +3.89% |
| 2020-12-31 | NT$6.49 Billion | +0.73% |
| 2019-12-31 | NT$6.44 Billion | +6.82% |
| 2018-12-31 | NT$6.03 Billion | +15.52% |
| 2017-12-31 | NT$5.22 Billion | +3.57% |
| 2016-12-31 | NT$5.04 Billion | -7.74% |
| 2015-12-31 | NT$5.46 Billion | +15.99% |
| 2014-12-31 | NT$4.71 Billion | +11.56% |
| 2013-12-31 | NT$4.22 Billion | +15.73% |
| 2012-12-31 | NT$3.65 Billion | -1.31% |
| 2011-12-31 | NT$3.70 Billion | +66.12% |
| 2010-12-31 | NT$2.23 Billion | +77.78% |
| 2009-12-31 | NT$1.25 Billion | +45.48% |
| 2008-12-31 | NT$860.67 Million | +4.63% |
| 2007-12-31 | NT$822.59 Million | +29.98% |
| 2006-12-31 | NT$632.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kuo Toong International 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 29072.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.65 Billion | 26.22% |
| Other Components | NT$4.64 Billion | 73.78% |
| Total Equity | NT$6.29 Billion | 100.00% |
Kuo Toong International Co Ltd Competitors by Market Cap
The table below lists competitors of Kuo Toong International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Covenant Logistics Group, Inc.
NYSE:CVLG
|
$367.33 Million |
|
Star Petroleum Refining Co Ltd
BK:SPRC
|
$367.39 Million |
|
Zumiez Inc
NASDAQ:ZUMZ
|
$367.52 Million |
|
NewRiver REIT plc
PINK:NRWRF
|
$367.70 Million |
|
Arjo AB
LSE:0HQ8
|
$367.19 Million |
|
Haining China Leather Market Co Ltd
SHE:002344
|
$367.17 Million |
|
Zhejiang Grandwall Electric Science&Technology Co Ltd Class A
SHG:603897
|
$367.07 Million |
|
GLOBAL MEDIC.REIT DL-001
F:3UN
|
$367.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kuo Toong International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,666,959,000 to 6,294,350,000, a change of 627,391,000 (11.1%).
- Net income of 837,206,000 contributed positively to equity growth.
- Dividend payments of 372,117,000 reduced retained earnings.
- Other comprehensive income decreased equity by 340,533,000.
- Other factors increased equity by 502,835,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$837.21 Million | +13.3% |
| Dividends Paid | NT$372.12 Million | -5.91% |
| Other Comprehensive Income | NT$-340.53 Million | -5.41% |
| Other Changes | NT$502.83 Million | +7.99% |
| Total Change | NT$- | 11.07% |
Book Value vs Market Value Analysis
This analysis compares Kuo Toong International 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: 2.12x
- 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 8.69x to 2.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$6.18 | NT$53.70 | x |
| 2007-12-31 | NT$7.45 | NT$53.70 | x |
| 2008-12-31 | NT$7.52 | NT$53.70 | x |
| 2009-12-31 | NT$8.42 | NT$53.70 | x |
| 2010-12-31 | NT$13.02 | NT$53.70 | x |
| 2011-12-31 | NT$23.36 | NT$53.70 | x |
| 2012-12-31 | NT$17.15 | NT$53.70 | x |
| 2013-12-31 | NT$19.92 | NT$53.70 | x |
| 2014-12-31 | NT$21.39 | NT$53.70 | x |
| 2015-12-31 | NT$22.57 | NT$53.70 | x |
| 2016-12-31 | NT$18.05 | NT$53.70 | x |
| 2017-12-31 | NT$16.40 | NT$53.70 | x |
| 2018-12-31 | NT$17.24 | NT$53.70 | x |
| 2019-12-31 | NT$18.46 | NT$53.70 | x |
| 2020-12-31 | NT$17.79 | NT$53.70 | x |
| 2021-12-31 | NT$19.31 | NT$53.70 | x |
| 2022-12-31 | NT$21.51 | NT$53.70 | x |
| 2023-12-31 | NT$22.74 | NT$53.70 | x |
| 2024-12-31 | NT$25.37 | NT$53.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuo Toong International Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.96%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.12x
- Recent ROE (13.30%) is above the historical average (6.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -0.15% | -0.11% | 0.54x | 2.46x | NT$-64.22 Million |
| 2007 | 13.36% | 15.98% | 0.46x | 1.82x | NT$27.64 Million |
| 2008 | -4.40% | -7.16% | 0.35x | 1.76x | NT$-123.93 Million |
| 2009 | 10.57% | 14.97% | 0.36x | 1.96x | NT$6.66 Million |
| 2010 | 9.09% | 13.10% | 0.51x | 1.36x | NT$-19.43 Million |
| 2011 | 40.10% | 115.44% | 0.26x | 1.33x | NT$1.08 Billion |
| 2012 | 2.40% | 5.06% | 0.32x | 1.47x | NT$-263.24 Million |
| 2013 | 9.22% | 15.86% | 0.34x | 1.73x | NT$-31.22 Million |
| 2014 | 14.42% | 15.61% | 0.46x | 2.01x | NT$189.55 Million |
| 2015 | 4.39% | 5.12% | 0.37x | 2.29x | NT$-276.91 Million |
| 2016 | -15.08% | -21.87% | 0.25x | 2.79x | NT$-1.04 Billion |
| 2017 | -9.10% | -10.72% | 0.27x | 3.12x | NT$-719.96 Million |
| 2018 | 5.75% | 4.67% | 0.40x | 3.09x | NT$-168.19 Million |
| 2019 | 4.40% | 5.03% | 0.31x | 2.78x | NT$-245.05 Million |
| 2020 | 2.83% | 3.37% | 0.29x | 2.86x | NT$-317.29 Million |
| 2021 | 6.81% | 7.08% | 0.35x | 2.77x | NT$-153.07 Million |
| 2022 | 11.66% | 16.49% | 0.34x | 2.10x | NT$89.19 Million |
| 2023 | 12.60% | 17.28% | 0.35x | 2.09x | NT$147.17 Million |
| 2024 | 13.30% | 15.96% | 0.39x | 2.12x | NT$207.77 Million |
Industry Comparison
This section compares Kuo Toong International Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,113,548,125
- Average return on equity (ROE) among peers: 7.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuo Toong International Co Ltd (8936) | NT$8.21 Billion | -0.15% | 0.67x | $367.26 Million |
| Champion Building Materials Co Ltd (1806) | $5.93 Billion | -7.17% | 0.67x | $47.43 Million |
| China Glaze Co Ltd (1809) | $1.96 Billion | 0.00% | 0.71x | $96.43 Million |
| Sunspring Metal Corp (2062) | $3.01 Billion | 19.66% | 0.75x | $66.69 Million |
| Buima Group (5543) | $695.36 Million | -9.06% | 0.56x | $13.79 Million |
| M.J. International Co Ltd (8466) | $2.62 Billion | 21.72% | 0.43x | $21.66 Million |
| CKM Building Material (8930) | $1.46 Billion | 13.38% | 0.40x | $43.99 Million |
| Taiwan Fu Hsing Industrial Co Ltd (9924) | $2.14 Billion | 7.43% | 0.40x | $162.62 Million |
| Globe Union Industrial Corp (9934) | $7.08 Billion | 11.32% | 1.35x | $99.14 Million |