Taitron Components Incorporated
Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. It distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company also offers value-added engineering and turn-key solutions focusing on providing contract ele… Read more
Taitron Components Incorporated (TAIT) - Net Assets
Latest net assets as of September 2025: $15.06 Million USD
Based on the latest financial reports, Taitron Components Incorporated (TAIT) has net assets worth $15.06 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.09 Million) and total liabilities ($2.02 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 | $15.06 Million |
| % of Total Assets | 88.16% |
| Annual Growth Rate | 4.86% |
| 5-Year Change | 25.08% |
| 10-Year Change | 8.92% |
| Growth Volatility | 45.75 |
Taitron Components Incorporated - Net Assets Trend (1993–2024)
This chart illustrates how Taitron Components Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taitron Components Incorporated (1993–2024)
The table below shows the annual net assets of Taitron Components Incorporated from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.56 Million | -1.66% |
| 2023-12-31 | $16.84 Million | +4.38% |
| 2022-12-31 | $16.14 Million | +12.17% |
| 2021-12-31 | $14.38 Million | +8.63% |
| 2020-12-31 | $13.24 Million | +3.33% |
| 2019-12-31 | $12.81 Million | +0.92% |
| 2018-12-31 | $12.70 Million | +7.06% |
| 2017-12-31 | $11.86 Million | +1.49% |
| 2016-12-31 | $11.69 Million | -23.14% |
| 2015-12-31 | $15.21 Million | -3.70% |
| 2014-12-31 | $15.79 Million | -6.44% |
| 2013-12-31 | $16.88 Million | -5.24% |
| 2012-12-31 | $17.81 Million | -3.90% |
| 2011-12-31 | $18.53 Million | -3.20% |
| 2010-12-31 | $19.14 Million | -1.83% |
| 2009-12-31 | $19.50 Million | -5.83% |
| 2008-12-31 | $20.71 Million | -3.45% |
| 2007-12-31 | $21.45 Million | -7.93% |
| 2006-12-31 | $23.30 Million | +0.21% |
| 2005-12-31 | $23.25 Million | -0.95% |
| 2004-12-31 | $23.47 Million | -2.16% |
| 2003-12-31 | $23.99 Million | -2.27% |
| 2002-12-31 | $24.55 Million | -2.27% |
| 2001-12-31 | $25.12 Million | -5.71% |
| 2000-12-31 | $26.64 Million | +4.88% |
| 1999-12-31 | $25.40 Million | +1.20% |
| 1998-12-31 | $25.10 Million | +2.87% |
| 1997-12-31 | $24.40 Million | +1.24% |
| 1996-12-31 | $24.10 Million | +9.55% |
| 1995-12-31 | $22.00 Million | +249.21% |
| 1994-12-31 | $6.30 Million | +65.79% |
| 1993-12-31 | $3.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taitron Components Incorporated'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 294.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.12 Million | 30.92% |
| Common Stock | $6.00K | 0.04% |
| Other Comprehensive Income | $-49.00K | -0.30% |
| Other Components | $11.48 Million | 69.34% |
| Total Equity | $16.56 Million | 100.00% |
Taitron Components Incorporated Competitors by Market Cap
The table below lists competitors of Taitron Components Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INA-Industrija Nafte d.d.
ZSE:INA
|
$4.86 Million |
|
Rudrabhishek Enterprises Limited
NSE:REPL
|
$4.86 Million |
|
Chariot Corporation Ltd
AU:CC9
|
$4.86 Million |
|
Telsys
TA:TLSY
|
$4.86 Million |
|
Teera-Mongkol Industry Public Company Limited
BK:TMI
|
$4.85 Million |
|
Prismo Metals Inc.
OTCQB:PMOMF
|
$4.85 Million |
|
Baid Finserv Limited
NSE:BAIDFIN
|
$4.85 Million |
|
Cartier Iron Corp
PINK:CRTIF
|
$4.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taitron Components Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,843,000 to 16,562,999, a change of -280,001 (-1.7%).
- Net income of 902,000 contributed positively to equity growth.
- Dividend payments of 1,204,000 reduced retained earnings.
- Other comprehensive income increased equity by 12,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $902.00K | +5.45% |
| Dividends Paid | $1.20 Million | -7.27% |
| Other Comprehensive Income | $12.00K | +0.07% |
| Other Changes | $10.00K | +0.06% |
| Total Change | $- | -1.66% |
Book Value vs Market Value Analysis
This analysis compares Taitron Components Incorporated'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 1.76x 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 |
|---|---|---|---|
| 1993-12-31 | $0.87 | $1.53 | x |
| 1994-12-31 | $1.43 | $1.53 | x |
| 1995-12-31 | $3.88 | $1.53 | x |
| 1996-12-31 | $3.47 | $1.53 | x |
| 1997-12-31 | $3.62 | $1.53 | x |
| 1998-12-31 | $3.99 | $1.53 | x |
| 1999-12-31 | $4.20 | $1.53 | x |
| 2000-12-31 | $4.50 | $1.53 | x |
| 2001-12-31 | $4.42 | $1.53 | x |
| 2002-12-31 | $4.31 | $1.53 | x |
| 2003-12-31 | $4.24 | $1.53 | x |
| 2004-12-31 | $4.29 | $1.53 | x |
| 2005-12-31 | $4.26 | $1.53 | x |
| 2006-12-31 | $4.25 | $1.53 | x |
| 2007-12-31 | $3.88 | $1.53 | x |
| 2008-12-31 | $3.69 | $1.53 | x |
| 2009-12-31 | $3.48 | $1.53 | x |
| 2010-12-31 | $3.42 | $1.53 | x |
| 2011-12-31 | $3.31 | $1.53 | x |
| 2012-12-31 | $3.19 | $1.53 | x |
| 2013-12-31 | $3.03 | $1.53 | x |
| 2014-12-31 | $2.83 | $1.53 | x |
| 2015-12-31 | $2.73 | $1.53 | x |
| 2016-12-31 | $2.09 | $1.53 | x |
| 2017-12-31 | $2.08 | $1.53 | x |
| 2018-12-31 | $2.21 | $1.53 | x |
| 2019-12-31 | $2.18 | $1.53 | x |
| 2020-12-31 | $2.26 | $1.53 | x |
| 2021-12-31 | $2.43 | $1.53 | x |
| 2022-12-31 | $2.67 | $1.53 | x |
| 2023-12-31 | $2.79 | $1.53 | x |
| 2024-12-31 | $3.15 | $1.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taitron Components Incorporated 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): 5.45%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.78%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.06x
- Recent ROE (5.45%) is above the historical average (3.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 18.42% | 4.49% | 1.42x | 2.89x | $320.00K |
| 1994 | 28.57% | 7.32% | 1.33x | 2.94x | $1.17 Million |
| 1995 | 19.55% | 11.98% | 0.99x | 1.65x | $2.10 Million |
| 1996 | 9.13% | 7.31% | 0.71x | 1.76x | $-210.00K |
| 1997 | 7.79% | 5.60% | 0.75x | 1.84x | $-540.00K |
| 1998 | 5.98% | 4.87% | 0.69x | 1.78x | $-1.01 Million |
| 1999 | 3.94% | 3.41% | 0.71x | 1.62x | $-1.54 Million |
| 2000 | 6.24% | 5.05% | 0.74x | 1.67x | $-1.00 Million |
| 2001 | -4.99% | -7.49% | 0.43x | 1.55x | $-3.77 Million |
| 2002 | -2.77% | -4.92% | 0.40x | 1.39x | $-3.13 Million |
| 2003 | -1.61% | -4.08% | 0.33x | 1.21x | $-2.79 Million |
| 2004 | -1.06% | -2.65% | 0.36x | 1.11x | $-2.60 Million |
| 2005 | -0.88% | -2.44% | 0.34x | 1.07x | $-2.53 Million |
| 2006 | -0.12% | -0.30% | 0.37x | 1.09x | $-2.36 Million |
| 2007 | -6.56% | -18.65% | 0.32x | 1.11x | $-3.55 Million |
| 2008 | -3.84% | -10.92% | 0.32x | 1.11x | $-2.83 Million |
| 2009 | -4.82% | -16.77% | 0.26x | 1.11x | $-2.86 Million |
| 2010 | -1.81% | -4.77% | 0.33x | 1.15x | $-2.24 Million |
| 2011 | -3.34% | -9.01% | 0.32x | 1.15x | $-2.45 Million |
| 2012 | -4.18% | -10.28% | 0.35x | 1.16x | $-2.51 Million |
| 2013 | -5.57% | -14.89% | 0.33x | 1.15x | $-2.61 Million |
| 2014 | -7.19% | -19.35% | 0.32x | 1.14x | $-2.69 Million |
| 2015 | -3.89% | -10.35% | 0.31x | 1.20x | $-2.10 Million |
| 2016 | -26.86% | -44.99% | 0.49x | 1.21x | $-4.27 Million |
| 2017 | 5.96% | 9.20% | 0.56x | 1.15x | $-475.10K |
| 2018 | 10.93% | 16.76% | 0.59x | 1.11x | $117.80K |
| 2019 | 6.08% | 11.40% | 0.50x | 1.07x | $-498.50K |
| 2020 | 10.26% | 20.30% | 0.47x | 1.08x | $34.80K |
| 2021 | 13.97% | 23.26% | 0.50x | 1.19x | $571.50K |
| 2022 | 19.88% | 38.09% | 0.49x | 1.06x | $1.59 Million |
| 2023 | 10.95% | 30.21% | 0.34x | 1.07x | $160.70K |
| 2024 | 5.45% | 21.78% | 0.23x | 1.06x | $-754.30K |
Industry Comparison
This section compares Taitron Components Incorporated's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $10,793,512,986
- Average return on equity (ROE) among peers: -0.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taitron Components Incorporated (TAIT) | $15.06 Million | 18.42% | 0.13x | $4.85 Million |
| ADDvantage Technologies Group Inc (AEYGQ) | $14.93 Million | -116.07% | 1.18x | $148.54 |
| Arrow Electronics Inc (ARW) | $4.47 Billion | 11.71% | 2.18x | $6.72 Billion |
| Avnet Inc (AVT) | $3.73 Billion | -0.83% | 1.19x | $4.87 Billion |
| Climb Global Solutions (CLMB) | $4.60 Million | 23.91% | 4.37x | $297.34 Million |
| PC Connection Inc (CNXN) | $94.20 Million | 24.10% | 1.37x | $629.13 Million |
| Eaco Corp (EACO) | $2.00 Million | 15.00% | 1.45x | $6.60 Million |
| Foxconn Technology Co. Ltd. (FXCOF) | $99.59 Billion | 9.18% | 0.57x | $1.62 Billion |
| ICZOOM Group Inc. Class A Ordinary Shares (IZM) | $3.17 Million | 18.65% | 18.01x | $4.17 Million |
| Jaco Electronics Inc (JACO) | $34.30 Million | 11.08% | 0.78x | $0.91 |
| Klegg Electronics Inc (KLGG) | $-28.46K | 0.00% | 0.00x | $0.94 |