Techpoint Inc
Techpoint, Inc., a fabless semiconductor company, designs, markets, and sells mixed-signal integrated circuits for various video applications in the security surveillance and automotive markets. The company's integrated circuits enable the transmission of high definition (HD) video content over long cable distances to facilitate the display, storage, or processing of video content. Its products i… Read more
Techpoint Inc (THPTF) - Net Assets
Latest net assets as of March 2025: $86.50 Million USD
Based on the latest financial reports, Techpoint Inc (THPTF) has net assets worth $86.50 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($91.86 Million) and total liabilities ($5.36 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 | $86.50 Million |
| % of Total Assets | 94.17% |
| Annual Growth Rate | 33.46% |
| 5-Year Change | 123.81% |
| 10-Year Change | 865.19% |
| Growth Volatility | 29.73 |
Techpoint Inc - Net Assets Trend (2014–2024)
This chart illustrates how Techpoint Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Techpoint Inc (2014–2024)
The table below shows the annual net assets of Techpoint Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $83.64 Million | +15.70% |
| 2023-12-31 | $72.30 Million | +16.46% |
| 2022-12-31 | $62.08 Million | +19.80% |
| 2021-12-31 | $51.82 Million | +38.65% |
| 2020-12-31 | $37.37 Million | +15.42% |
| 2019-12-31 | $32.38 Million | +13.09% |
| 2018-12-31 | $28.63 Million | +14.41% |
| 2017-12-31 | $25.03 Million | +97.44% |
| 2016-12-31 | $12.67 Million | +46.26% |
| 2015-12-31 | $8.67 Million | +85.78% |
| 2014-12-31 | $4.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Techpoint Inc'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 5835845305.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $54.69 Million | 65.39% |
| Common Stock | $2.00K | 0.00% |
| Other Comprehensive Income | $1.00K | 0.00% |
| Other Components | $28.95 Million | 34.61% |
| Total Equity | $83.64 Million | 100.00% |
Techpoint Inc Competitors by Market Cap
The table below lists competitors of Techpoint Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
$186.28 Million |
|
Wuxi Smart Auto-control Engineering Co Ltd
SHE:002877
|
$186.29 Million |
|
Changsha Kaiyuan Instruments
SHE:300338
|
$186.30 Million |
|
Wei Long Grape Wine Co Ltd
SHG:603779
|
$186.33 Million |
|
Zhejiang East Crystal Electronic Co Ltd
SHE:002199
|
$186.19 Million |
|
PTG Energy Public Company Limited
BK:PTG-R
|
$186.17 Million |
|
Aevis Victoria SA
SW:AEVS
|
$186.11 Million |
|
Meorient
SHE:300795
|
$186.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Techpoint Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 72,295,000 to 83,645,000, a change of 11,350,000 (15.7%).
- Net income of 19,181,000 contributed positively to equity growth.
- Dividend payments of 9,230,000 reduced retained earnings.
- Share repurchases of 227,000 reduced equity.
- Other comprehensive income decreased equity by 17,000.
- Other factors increased equity by 1,643,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.18 Million | +22.93% |
| Dividends Paid | $9.23 Million | -11.03% |
| Share Repurchases | $227.00K | -0.27% |
| Other Comprehensive Income | $-17.00K | -0.02% |
| Other Changes | $1.64 Million | +1.96% |
| Total Change | $- | 15.70% |
Book Value vs Market Value Analysis
This analysis compares Techpoint Inc'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: 4.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 70.69x to 4.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $0.28 | $19.75 | x |
| 2015-12-31 | $0.52 | $19.75 | x |
| 2016-12-31 | $0.76 | $19.75 | x |
| 2017-12-31 | $3.11 | $19.75 | x |
| 2018-12-31 | $1.59 | $19.75 | x |
| 2019-12-31 | $1.81 | $19.75 | x |
| 2020-12-31 | $2.08 | $19.75 | x |
| 2021-12-31 | $2.79 | $19.75 | x |
| 2022-12-31 | $3.35 | $19.75 | x |
| 2023-12-31 | $3.87 | $19.75 | x |
| 2024-12-31 | $4.42 | $19.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Techpoint Inc 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): 22.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.16%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.14x
- Recent ROE (22.93%) is above the historical average (16.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -34.87% | -20.72% | 1.52x | 1.11x | $-2.09 Million |
| 2015 | 43.91% | 20.04% | 1.62x | 1.35x | $2.94 Million |
| 2016 | 26.30% | 12.82% | 1.75x | 1.17x | $2.07 Million |
| 2017 | 15.05% | 12.06% | 1.17x | 1.07x | $1.26 Million |
| 2018 | 6.58% | 6.06% | 1.01x | 1.07x | $-978.10K |
| 2019 | 6.78% | 6.85% | 0.83x | 1.19x | $-1.04 Million |
| 2020 | 8.94% | 9.73% | 0.79x | 1.16x | $-395.30K |
| 2021 | 33.36% | 26.72% | 1.04x | 1.20x | $12.11 Million |
| 2022 | 28.45% | 27.14% | 0.89x | 1.18x | $11.46 Million |
| 2023 | 24.63% | 27.13% | 0.78x | 1.16x | $10.58 Million |
| 2024 | 22.93% | 27.16% | 0.74x | 1.14x | $10.82 Million |
Industry Comparison
This section compares Techpoint Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,032,397,694
- Average return on equity (ROE) among peers: -33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techpoint Inc (THPTF) | $86.50 Million | -34.87% | 0.06x | $186.21 Million |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $150.01 Billion |
| Arteris Inc (AIP) | $-14.63 Million | 0.00% | 0.00x | $535.54 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $17.81 Billion |
| Allegro Microsystems Inc (ALGM) | $634.13 Million | 5.83% | 0.29x | $3.98 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $159.25 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $419.98 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $318.29 Billion |
| AMSSD (AMSSD) | $1.91 Billion | -84.67% | 2.89x | $27.31K |
| Alpha and Omega Semiconductor Ltd (AOSL) | $260.25 Million | 14.53% | 0.34x | $512.72 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $3.55 Billion | 15.47% | 0.83x | $17.42 Billion |