FIT Hon Teng Limited (0FJ) - Net Assets
Based on the latest financial reports, FIT Hon Teng Limited (0FJ) has net assets worth €2.55 Billion EUR (≈ $2.99 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.74 Billion ≈ $6.71 Billion USD) and total liabilities (€3.18 Billion ≈ $3.72 Billion 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 FIT Hon Teng Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.55 Billion |
| % of Total Assets | 44.53% |
| Annual Growth Rate | 8.55% |
| 5-Year Change | 13.36% |
| 10-Year Change | N/A |
| Growth Volatility | 13.89 |
FIT Hon Teng Limited - Net Assets Trend (2015–2024)
This chart illustrates how FIT Hon Teng Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of FIT Hon Teng Limited for the complete picture of this company's asset base.
Annual Net Assets for FIT Hon Teng Limited (2015–2024)
The table below shows the annual net assets of FIT Hon Teng Limited from 2015 to 2024. For live valuation and market cap data, see market value of FIT Hon Teng Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.48 Billion ≈ $2.90 Billion |
+1.88% |
| 2023-12-31 | €2.44 Billion ≈ $2.85 Billion |
+3.85% |
| 2022-12-31 | €2.35 Billion ≈ $2.74 Billion |
-2.03% |
| 2021-12-31 | €2.40 Billion ≈ $2.80 Billion |
+9.37% |
| 2020-12-31 | €2.19 Billion ≈ $2.56 Billion |
+5.44% |
| 2019-12-31 | €2.08 Billion ≈ $2.43 Billion |
+6.68% |
| 2018-12-31 | €1.95 Billion ≈ $2.28 Billion |
+2.82% |
| 2017-12-31 | €1.89 Billion ≈ $2.21 Billion |
+47.50% |
| 2016-12-31 | €1.28 Billion ≈ $1.50 Billion |
+8.21% |
| 2015-12-31 | €1.19 Billion ≈ $1.39 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to FIT Hon Teng Limited'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 138.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.99 Billion | 80.62% |
| Other Components | €479.20 Million | 19.38% |
| Total Equity | €2.47 Billion | 100.00% |
FIT Hon Teng Limited Competitors by Market Cap
The table below lists competitors of FIT Hon Teng Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Huace Navigation Technology Ltd
SHE:300627
|
$3.65 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
$3.65 Billion |
|
Covivio Hotels
PA:COVH
|
$3.65 Billion |
|
Hyundai Motor Co. Ltd. Pfd. Series 1
KO:005385
|
$3.65 Billion |
|
Guangzhou Development Group Inc
SHG:600098
|
$3.65 Billion |
|
Ultrapar Participações S.A
F:UGR
|
$3.65 Billion |
|
Changzhou Fusion New Material Co. Ltd. A
SHG:688503
|
$3.65 Billion |
|
Poonawalla Fincorp Limited
NSE:POONAWALLA
|
$3.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIT Hon Teng Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,434,825,000 to 2,473,229,000, a change of 38,404,000 (1.6%).
- Net income of 153,732,000 contributed positively to equity growth.
- Other factors decreased equity by 114,640,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €153.73 Million | +6.22% |
| Other Changes | €-114.64 Million | -4.64% |
| Total Change | €- | 1.58% |
Book Value vs Market Value Analysis
This analysis compares FIT Hon Teng Limited'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: 2.39x
- 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 2.96x to 2.39x 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 | €0.28 | €0.83 | x |
| 2018-12-31 | €0.29 | €0.83 | x |
| 2019-12-31 | €0.31 | €0.83 | x |
| 2020-12-31 | €0.33 | €0.83 | x |
| 2021-12-31 | €0.35 | €0.83 | x |
| 2022-12-31 | €0.32 | €0.83 | x |
| 2023-12-31 | €0.33 | €0.83 | x |
| 2024-12-31 | €0.35 | €0.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIT Hon Teng Limited 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): 6.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.45%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.21x
- Recent ROE (6.22%) is below the historical average (8.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 14.92% | 7.60% | 1.03x | 1.91x | €58.36 Million |
| 2016 | 13.13% | 5.85% | 1.10x | 2.04x | €40.17 Million |
| 2017 | 9.53% | 5.31% | 1.07x | 1.68x | €-8.90 Million |
| 2018 | 12.09% | 5.84% | 0.93x | 2.23x | €40.49 Million |
| 2019 | 11.39% | 5.38% | 0.99x | 2.13x | €28.74 Million |
| 2020 | 1.94% | 0.99% | 0.93x | 2.12x | €-176.28 Million |
| 2021 | 5.75% | 3.06% | 0.90x | 2.09x | €-101.83 Million |
| 2022 | 7.23% | 3.74% | 1.00x | 1.94x | €-64.92 Million |
| 2023 | 5.30% | 3.07% | 0.82x | 2.09x | €-114.51 Million |
| 2024 | 6.22% | 3.45% | 0.81x | 2.21x | €-93.59 Million |
Industry Comparison
This section compares FIT Hon Teng Limited's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $26,014,154,496
- Average return on equity (ROE) among peers: 10.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FIT Hon Teng Limited (0FJ) | €2.55 Billion | 14.92% | 1.25x | $3.65 Billion |
| BYD Electronic (International) Company Limited (4BY) | $14.19 Billion | 18.21% | 0.79x | $7.65 Billion |
| AUO CORP. SP.ADR NEW/10 (AU7) | $191.41 Billion | -11.02% | 1.02x | $3.23 Billion |
| DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen (DAM) | $23.94 Million | 7.48% | 1.59x | $98.03 Million |
| DESWELL INDS INC. DL-01 (DW2) | $102.12 Million | 10.91% | 0.18x | $42.45 Million |
| Flex Ltd (FXI) | $2.40 Billion | 25.07% | 3.86x | $23.78 Billion |
| Valuetronics Holdings Limited (GJ7) | $938.57 Million | 16.42% | 0.94x | $241.41 Million |
| Hana Microelectronics Public Company Limited (HAA1) | $21.08 Billion | 11.27% | 0.20x | $9.31K |
| Jenoptik AG (JEN) | $597.95 Million | 14.65% | 0.65x | $1.58 Billion |
| Nanjing Panda Electronics Company Limited (NNJ) | $3.38 Billion | 4.53% | 0.37x | $93.36 Million |
About FIT Hon Teng Limited
FIT Hon Teng Limited manufactures and sells mobile and wireless devices and connectors in Taiwan and internationally. It operates in two segments, Intermediate Products and Consumer Products. The company provides RF antenna cable and module assemblies; coaxial, internal, external, RJ, wire harness, USB, E/M, EM, flat, high speed, power, ribbon, SAS, and S-ATA cable assemblies; light source produc… Read more