Grand Hall Enterprise Co Ltd

TWO:8941 Taiwan Household & Personal Products
Market Cap
$48.83 Million
NT$1.62 Billion TWD
Market Cap Rank
#25508 Global
#1589 in Taiwan
Share Price
NT$46.20
Change (1 day)
+0.00%
52-Week Range
NT$43.00 - NT$60.30
All Time High
NT$81.00
About

Grand Hall Enterprise Co., Ltd. designs, produces, and sells outdoor gas supplies in Taiwan, North America, Europe, and Australia. The company offers barbecue grills and outdoor living products. It also provides LP gas cylinder valves, brass forged parts, gas valves, and scuba diving valves; and large-scale gas ovens, heaters, and accessories, as well as barbecue stoves, water heaters, and outdoo… Read more

Grand Hall Enterprise Co Ltd (8941) - Net Assets

Latest net assets as of September 2025: NT$884.81 Million TWD

Based on the latest financial reports, Grand Hall Enterprise Co Ltd (8941) has net assets worth NT$884.81 Million 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$1.76 Billion) and total liabilities (NT$876.49 Million). 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$884.81 Million
% of Total Assets 50.24%
Annual Growth Rate 2.15%
5-Year Change 15.14%
10-Year Change N/A
Growth Volatility 11.15

Grand Hall Enterprise Co Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Grand Hall 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 Grand Hall Enterprise Co Ltd (2017–2024)

The table below shows the annual net assets of Grand Hall Enterprise Co Ltd from 2017 to 2024.

Year Net Assets Change
2024-12-31 NT$1.04 Billion +6.13%
2023-12-31 NT$980.55 Million +5.36%
2022-12-31 NT$930.67 Million +4.56%
2021-12-31 NT$890.05 Million -1.52%
2020-12-31 NT$903.83 Million +24.46%
2019-12-31 NT$726.20 Million -5.44%
2018-12-31 NT$767.96 Million -14.35%
2017-12-31 NT$896.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to Grand Hall 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 decreased by 61.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$144.06 Million 14.98%
Other Components NT$817.60 Million 85.02%
Total Equity NT$961.66 Million 100.00%

Grand Hall Enterprise Co Ltd Competitors by Market Cap

The table below lists competitors of Grand Hall Enterprise Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 897,022,000 to 961,662,000, a change of 64,640,000 (7.2%).
  • Net income of 176,865,000 contributed positively to equity growth.
  • Dividend payments of 152,052,000 reduced retained earnings.
  • Other factors increased equity by 39,827,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$176.87 Million +18.39%
Dividends Paid NT$152.05 Million -15.81%
Other Changes NT$39.83 Million +4.14%
Total Change NT$- 7.21%

Book Value vs Market Value Analysis

This analysis compares Grand Hall 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: 1.68x
  • 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 1.95x to 1.68x 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$23.69 NT$46.20 x
2018-12-31 NT$20.10 NT$46.20 x
2019-12-31 NT$21.58 NT$46.20 x
2020-12-31 NT$27.16 NT$46.20 x
2021-12-31 NT$26.42 NT$46.20 x
2022-12-31 NT$27.62 NT$46.20 x
2023-12-31 NT$29.35 NT$46.20 x
2024-12-31 NT$27.50 NT$46.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grand Hall 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): 18.39%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.61%
  • • Asset Turnover: 1.66x
  • • Equity Multiplier: 1.98x
  • Recent ROE (18.39%) is above the historical average (17.31%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 28.89% 9.50% 1.64x 1.86x NT$154.82 Million
2018 12.65% 3.46% 1.90x 1.92x NT$18.40 Million
2019 8.01% 2.15% 1.44x 2.59x NT$-13.05 Million
2020 10.43% 3.09% 1.38x 2.44x NT$3.60 Million
2021 13.57% 3.41% 1.50x 2.64x NT$28.85 Million
2022 25.00% 6.38% 1.25x 3.13x NT$126.73 Million
2023 21.51% 6.66% 1.33x 2.42x NT$103.25 Million
2024 18.39% 5.61% 1.66x 1.98x NT$80.70 Million

Industry Comparison

This section compares Grand Hall Enterprise 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: $2,220,549,500
  • Average return on equity (ROE) among peers: 4.49%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Grand Hall Enterprise Co Ltd (8941) NT$884.81 Million 28.89% 0.99x $19.91 Million
Farcent Enterprise Co Ltd (1730) $1.11 Billion 10.36% 0.53x $50.96 Million
Mao Bao Inc (1732) $464.20 Million 5.44% 0.28x $15.99 Million
Taiyen Biotech Co Ltd (1737) $6.57 Billion 3.19% 0.05x $103.31 Million
Sanitar Co Ltd (1817) $1.49 Billion 15.47% 0.23x $56.41 Million
Shihlin Paper Corp (1903) $4.58 Billion 0.00% 0.72x $268.57 Million
Jia Wei Lifestyle Inc (3557) $778.16 Million -13.00% 0.45x $39.15 Million
Chlitina Holding Ltd (4137) $4.11 Billion 29.63% 0.55x $176.21 Million
Jourdeness Group Ltd (4190) $1.77 Billion -16.49% 3.17x $20.26 Million
Kuangli Photoelectric Technology Co Ltd (6431) $398.69 Million -4.73% 0.12x $39.19 Million
Nan Liu Enterprise Co Ltd (6504) $929.70 Million 15.00% 2.02x $37.29 Million