Kuo Toong International Co Ltd (8936) - Net Assets
Based on the latest financial reports, Kuo Toong International Co Ltd (8936) has net assets worth NT$8.55 Billion TWD (≈ $269.43 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$14.07 Billion ≈ $443.27 Million USD) and total liabilities (NT$5.52 Billion ≈ $173.84 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 Kuo Toong International Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$8.55 Billion |
| % of Total Assets | 60.78% |
| Annual Growth Rate | 14.69% |
| 5-Year Change | 26.83% |
| 10-Year Change | 69.62% |
| Growth Volatility | 22.27 |
Kuo Toong International Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Kuo Toong International Co Ltd's net assets have evolved over time, based on quarterly financial data. See 8936 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kuo Toong International Co Ltd (2006–2025)
The table below shows the annual net assets of Kuo Toong International Co Ltd from 2006 to 2025. For live valuation and market cap data, see 8936 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$8.55 Billion ≈ $269.43 Million |
+6.20% |
| 2024-12-31 | NT$8.05 Billion ≈ $253.69 Million |
+9.07% |
| 2023-12-31 | NT$7.38 Billion ≈ $232.60 Million |
+5.46% |
| 2022-12-31 | NT$7.00 Billion ≈ $220.55 Million |
+3.82% |
| 2021-12-31 | NT$6.74 Billion ≈ $212.44 Million |
+3.89% |
| 2020-12-31 | NT$6.49 Billion ≈ $204.48 Million |
+0.73% |
| 2019-12-31 | NT$6.44 Billion ≈ $202.99 Million |
+6.82% |
| 2018-12-31 | NT$6.03 Billion ≈ $190.03 Million |
+15.52% |
| 2017-12-31 | NT$5.22 Billion ≈ $164.51 Million |
+3.57% |
| 2016-12-31 | NT$5.04 Billion ≈ $158.84 Million |
-7.74% |
| 2015-12-31 | NT$5.46 Billion ≈ $172.16 Million |
+15.99% |
| 2014-12-31 | NT$4.71 Billion ≈ $148.43 Million |
+11.56% |
| 2013-12-31 | NT$4.22 Billion ≈ $133.06 Million |
+15.73% |
| 2012-12-31 | NT$3.65 Billion ≈ $114.97 Million |
-1.31% |
| 2011-12-31 | NT$3.70 Billion ≈ $116.50 Million |
+66.12% |
| 2010-12-31 | NT$2.23 Billion ≈ $70.13 Million |
+77.78% |
| 2009-12-31 | NT$1.25 Billion ≈ $39.45 Million |
+45.48% |
| 2008-12-31 | NT$860.67 Million ≈ $27.12 Million |
+4.63% |
| 2007-12-31 | NT$822.59 Million ≈ $25.92 Million |
+29.98% |
| 2006-12-31 | NT$632.86 Million ≈ $19.94 Million |
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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 39741.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.25 Billion | 33.33% |
| Other Components | NT$4.51 Billion | 66.67% |
| Total Equity | NT$6.76 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 |
|---|---|
|
Better Home & Finance Holding Company
NYSE:BETR
|
$430.66 Million |
|
Junhe Pumps Holding Co Ltd
SHG:603617
|
$430.66 Million |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
$430.81 Million |
|
Anji Foodstuff Co Ltd
SHG:603696
|
$430.90 Million |
|
Design Therapeutics Inc
NASDAQ:DSGN
|
$430.65 Million |
|
Sanyou Corporation Limited
SHE:300932
|
$430.47 Million |
|
Beijing Waluer Information Technology Co. Ltd. A
SHE:301380
|
$430.27 Million |
|
Road Environment Technology Co. Ltd. A
SHG:688156
|
$430.19 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 2024 to 2025, total equity changed from 6,294,350,000 to 6,761,725,000, a change of 467,375,000 (7.4%).
- Net income of 1,012,672,000 contributed positively to equity growth.
- Dividend payments of 496,156,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.01 Billion | +14.98% |
| Dividends Paid | NT$496.16 Million | -7.34% |
| Other Changes | NT$-49.14 Million | -0.73% |
| Total Change | NT$- | 7.43% |
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: 2.02x
- 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 8.92x to 2.02x 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$55.10 | x |
| 2007-12-31 | NT$7.45 | NT$55.10 | x |
| 2008-12-31 | NT$7.52 | NT$55.10 | x |
| 2009-12-31 | NT$8.42 | NT$55.10 | x |
| 2010-12-31 | NT$13.02 | NT$55.10 | x |
| 2011-12-31 | NT$23.36 | NT$55.10 | x |
| 2012-12-31 | NT$17.15 | NT$55.10 | x |
| 2013-12-31 | NT$19.92 | NT$55.10 | x |
| 2014-12-31 | NT$21.39 | NT$55.10 | x |
| 2015-12-31 | NT$22.57 | NT$55.10 | x |
| 2016-12-31 | NT$18.05 | NT$55.10 | x |
| 2017-12-31 | NT$16.40 | NT$55.10 | x |
| 2018-12-31 | NT$17.24 | NT$55.10 | x |
| 2019-12-31 | NT$18.46 | NT$55.10 | x |
| 2020-12-31 | NT$17.79 | NT$55.10 | x |
| 2021-12-31 | NT$19.31 | NT$55.10 | x |
| 2022-12-31 | NT$21.51 | NT$55.10 | x |
| 2023-12-31 | NT$22.74 | NT$55.10 | x |
| 2024-12-31 | NT$25.37 | NT$55.10 | x |
| 2025-12-31 | NT$27.26 | NT$55.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuo Toong International Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.05%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.08x
- Recent ROE (14.98%) is above the historical average (7.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -0.15% | -0.11% | 0.54x | 2.46x | NT$-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 |
| 2025 | 14.98% | 16.05% | 0.45x | 2.08x | NT$336.50 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: $3,609,691,250
- Average return on equity (ROE) among peers: 0.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuo Toong International Co Ltd (8936) | NT$8.55 Billion | -0.15% | 0.65x | $430.65 Million |
| Champion Building Materials Co Ltd (1806) | $3.30 Billion | 0.00% | 1.24x | $99.49 Million |
| China Glaze Co Ltd (1809) | $3.92 Billion | -0.39% | 0.30x | $272.08 Million |
| Sunspring Metal Corp (2062) | $7.35 Billion | 4.28% | 0.75x | $120.98 Million |
| Buima Group (5543) | $695.36 Million | -9.06% | 0.56x | $43.77 Million |
| M.J. International Co Ltd (8466) | $2.66 Billion | 10.49% | 0.70x | $39.80 Million |
| CKM Building Material (8930) | $956.93 Million | 5.14% | 0.62x | $69.69 Million |
| Taiwan Fu Hsing Industrial Co Ltd (9924) | $5.33 Billion | 13.02% | 0.48x | $192.13 Million |
| Globe Union Industrial Corp (9934) | $4.67 Billion | -19.02% | 2.55x | $134.67 Million |
About 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 internationally. The company offers prestressed concrete and cylinder pipes, straight and propelling steel pipes, ductile iron pipes and accessories, water collecting pipes, PCCP, steel pipe by jacking method WSP, DI flexible pipe joints, connecting closures, cement p… Read more