Grand Hall Enterprise Co Ltd (8941) - Net Assets
Based on the latest financial reports, Grand Hall Enterprise Co Ltd (8941) has net assets worth NT$886.91 Million TWD (≈ $27.94 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$1.82 Billion ≈ $57.48 Million USD) and total liabilities (NT$937.59 Million ≈ $29.54 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 Grand Hall Enterprise Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$886.91 Million |
| % of Total Assets | 48.61% |
| Annual Growth Rate | -0.14% |
| 5-Year Change | -0.35% |
| 10-Year Change | N/A |
| Growth Volatility | 11.93 |
Grand Hall Enterprise Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Grand Hall Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Grand Hall Enterprise Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Grand Hall Enterprise Co Ltd (2017–2025)
The table below shows the annual net assets of Grand Hall Enterprise Co Ltd from 2017 to 2025. For live valuation and market cap data, see Grand Hall Enterprise Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$886.91 Million ≈ $27.94 Million |
-14.77% |
| 2024-12-31 | NT$1.04 Billion ≈ $32.79 Million |
+6.13% |
| 2023-12-31 | NT$980.55 Million ≈ $30.89 Million |
+5.36% |
| 2022-12-31 | NT$930.67 Million ≈ $29.32 Million |
+4.56% |
| 2021-12-31 | NT$890.05 Million ≈ $28.04 Million |
-1.52% |
| 2020-12-31 | NT$903.83 Million ≈ $28.48 Million |
+24.46% |
| 2019-12-31 | NT$726.20 Million ≈ $22.88 Million |
-5.44% |
| 2018-12-31 | NT$767.96 Million ≈ $24.20 Million |
-14.35% |
| 2017-12-31 | NT$896.60 Million ≈ $28.25 Million |
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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 66.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$125.55 Million | 15.32% |
| Other Components | NT$694.01 Million | 84.68% |
| Total Equity | NT$819.56 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.
| Company | Market Cap |
|---|---|
|
Sietel Ltd
AU:SSL
|
$48.73 Million |
|
InspireMD Inc
NASDAQ:NSPR
|
$48.73 Million |
|
Cenit Co. Ltd
KQ:037760
|
$48.73 Million |
|
OssDsign AB
ST:OSSD
|
$48.75 Million |
|
CLOUDR GROUP LTD.
F:H3L
|
$48.69 Million |
|
Sangji Caelum Inc
KQ:042940
|
$48.68 Million |
|
Quartiers Properties AB
ST:QUART
|
$48.68 Million |
|
Bluebird bio Inc
NASDAQ:BLUE
|
$48.67 Million |
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 2024 to 2025, total equity changed from 961,662,000 to 819,556,000, a change of -142,106,000 (-14.8%).
- Net income of 40,547,000 contributed positively to equity growth.
- Dividend payments of 52,458,000 reduced retained earnings.
- Other factors decreased equity by 130,195,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$40.55 Million | +4.95% |
| Dividends Paid | NT$52.46 Million | -6.4% |
| Other Changes | NT$-130.19 Million | -15.89% |
| Total Change | NT$- | -14.78% |
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: 1.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$23.69 | NT$44.20 | x |
| 2018-12-31 | NT$20.10 | NT$44.20 | x |
| 2019-12-31 | NT$21.58 | NT$44.20 | x |
| 2020-12-31 | NT$27.16 | NT$44.20 | x |
| 2021-12-31 | NT$26.42 | NT$44.20 | x |
| 2022-12-31 | NT$27.62 | NT$44.20 | x |
| 2023-12-31 | NT$29.35 | NT$44.20 | x |
| 2024-12-31 | NT$27.50 | NT$44.20 | x |
| 2025-12-31 | NT$23.43 | NT$44.20 | 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): 4.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.36%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 2.23x
- Recent ROE (4.95%) is below the historical average (15.93%), suggesting potential challenges in 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$80.70 Million |
| 2025 | 4.95% | 1.36% | 1.63x | 2.23x | NT$-41.41 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: $2,451,518,000
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Hall Enterprise Co Ltd (8941) | NT$886.91 Million | 28.89% | 1.06x | $48.70 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 Grand Hall Enterprise Co Ltd
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