FIH Mobile Limited (FW3) - Net Assets
Based on the latest financial reports, FIH Mobile Limited (FW3) has net assets worth €1.46 Billion EUR (≈ $1.71 Billion USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.82 Billion ≈ $4.47 Billion USD) and total liabilities (€2.36 Billion ≈ $2.76 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 FW3 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.46 Billion |
| % of Total Assets | 38.3% |
| Annual Growth Rate | -8.1% |
| 5-Year Change | -29.7% |
| 10-Year Change | -61.03% |
| Growth Volatility | 10.28 |
FIH Mobile Limited - Net Assets Trend (2013–2024)
This chart illustrates how FIH Mobile Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see FW3 market cap overview.
Annual Net Assets for FIH Mobile Limited (2013–2024)
The table below shows the annual net assets of FIH Mobile Limited from 2013 to 2024. Also explore FW3 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.46 Billion ≈ $1.71 Billion |
-6.26% |
| 2023-12-31 | €1.56 Billion ≈ $1.83 Billion |
-12.66% |
| 2022-12-31 | €1.79 Billion ≈ $2.09 Billion |
-17.51% |
| 2021-12-31 | €2.17 Billion ≈ $2.53 Billion |
+4.09% |
| 2020-12-31 | €2.08 Billion ≈ $2.43 Billion |
-0.88% |
| 2019-12-31 | €2.10 Billion ≈ $2.46 Billion |
-2.31% |
| 2018-12-31 | €2.15 Billion ≈ $2.51 Billion |
-32.38% |
| 2017-12-31 | €3.18 Billion ≈ $3.72 Billion |
-10.95% |
| 2016-12-31 | €3.57 Billion ≈ $4.17 Billion |
-4.92% |
| 2015-12-31 | €3.76 Billion ≈ $4.39 Billion |
-4.44% |
| 2014-12-31 | €3.93 Billion ≈ $4.59 Billion |
+5.97% |
| 2013-12-31 | €3.71 Billion ≈ $4.34 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to FIH Mobile 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 decreased by 94.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €103.56 Million | 7.09% |
| Other Components | €1.36 Billion | 92.91% |
| Total Equity | €1.46 Billion | 100.00% |
FIH Mobile Limited Competitors by Market Cap
The table below lists competitors of FIH Mobile Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
General Plastic Industrial Co Ltd
TW:6128
|
$78.18 Million |
|
Yarrow Bioscience Inc
NASDAQ:YARW
|
$78.20 Million |
|
Kellton Tech Solutions Limited
NSE:KELLTONTEC
|
$78.22 Million |
|
Dallasnews Corp
NASDAQ:DALN
|
$78.24 Million |
|
SinterCast AB
ST:SINT
|
$78.06 Million |
|
Wellell Inc
TW:4106
|
$78.05 Million |
|
Milestone Pharmaceuticals Inc
NASDAQ:MIST
|
$78.00 Million |
|
Trias Sentosa Tbk
JK:TRST
|
$77.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIH Mobile Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,558,487,000 to 1,460,812,000, a change of -97,675,000 (-6.3%).
- Net loss of 20,331,000 reduced equity.
- Share repurchases of 734,000 reduced equity.
- Other factors decreased equity by 76,610,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-20.33 Million | -1.39% |
| Share Repurchases | €734.00K | -0.05% |
| Other Changes | €-76.61 Million | -5.24% |
| Total Change | €- | -6.27% |
Book Value vs Market Value Analysis
This analysis compares FIH Mobile 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: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.30x to 0.49x 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 | €0.39 | €0.90 | x |
| 2018-12-31 | €0.26 | €0.90 | x |
| 2019-12-31 | €0.26 | €0.90 | x |
| 2020-12-31 | €0.25 | €0.90 | x |
| 2021-12-31 | €0.27 | €0.90 | x |
| 2022-12-31 | €0.22 | €0.90 | x |
| 2023-12-31 | €0.20 | €0.90 | x |
| 2024-12-31 | €1.85 | €0.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIH Mobile 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): -1.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.36%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.62x
- Recent ROE (-1.39%) is above the historical average (-4.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.10% | 1.56% | 0.89x | 1.51x | €-292.15 Million |
| 2014 | 4.32% | 2.48% | 1.00x | 1.74x | €-222.63 Million |
| 2015 | 6.11% | 3.07% | 1.28x | 1.55x | €-145.63 Million |
| 2016 | 3.88% | 2.22% | 0.90x | 1.95x | €-218.14 Million |
| 2017 | -16.56% | -4.35% | 1.37x | 2.77x | €-842.80 Million |
| 2018 | -39.97% | -5.74% | 1.68x | 4.15x | €-1.07 Billion |
| 2019 | -0.59% | -0.09% | 2.05x | 3.34x | €-221.74 Million |
| 2020 | -8.38% | -1.95% | 1.48x | 2.91x | €-381.48 Million |
| 2021 | 2.61% | 0.66% | 1.44x | 2.77x | €-159.67 Million |
| 2022 | -4.05% | -0.77% | 1.70x | 3.09x | €-250.27 Million |
| 2023 | -7.74% | -1.87% | 1.49x | 2.77x | €-276.53 Million |
| 2024 | -1.39% | -0.36% | 1.49x | 2.62x | €-166.41 Million |
Industry Comparison
This section compares FIH Mobile Limited's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $1,922,109,728,416
- Average return on equity (ROE) among peers: -8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FIH Mobile Limited (FW3) | €1.46 Billion | 2.10% | 1.61x | $78.16 Million |
| Xiaomi Corporation (3CP) | $124.01 Billion | 16.41% | 1.05x | $72.66 Billion |
| artec technologies AG (A6T) | $2.05 Million | -11.77% | 0.15x | $5.95 Million |
| Basler Aktiengesellschaft (BSL) | $7.13 Million | 41.75% | 2.34x | $704.35 Million |
| SKYWORTH GRP UNSP.ADR/30 (KYW0) | $21.09 Billion | 7.75% | 1.89x | $1.51 Billion |
| CABASSE S.A. EO -50 (LB0) | $968.05K | -132.47% | 12.11x | $397.26K |
| LG Display Co. Ltd (LGA) | $14.76 Trillion | 8.04% | 1.58x | $2.90 Billion |
| SHARP CORP. ADR/1 O.N. (SRPB) | $469.27 Billion | 15.77% | 3.17x | $2.11 Billion |
| TC Unterhaltungselektronik AG (TCU) | $162.28K | -15.33% | 3.02x | $44.80K |
About FIH Mobile Limited
FIH Mobile Limited, an investment holding company, provides integrated manufacturing services for the handset industry worldwide. The company designs, manufactures, and trades in handsets, as well as offers repair services. The company offers mobile/IoT devices; smart manufacturing services; intelligent automotive; software engineering; and vertical solution. It also engages in the research and d… Read more