Vtech Holdings Limited
Vtech Holdings Limited, together with its subsidiaries, designs, manufactures, and distributes electronic products in Hong Kong, North America, Europe, the Asia Pacific, and internationally. The company offers electronic learning toys for infancy through toddler, and preschool under the Vtech and LeapFrog brands; platform products, including motion-based learning system, smartwatches, interactive… Read more
Vtech Holdings Limited (VTKLF) - Net Assets
Latest net assets as of September 2025: $616.80 Million USD
Based on the latest financial reports, Vtech Holdings Limited (VTKLF) has net assets worth $616.80 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 ($1.40 Billion) and total liabilities ($779.60 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 | $616.80 Million |
| % of Total Assets | 44.17% |
| Annual Growth Rate | 4.89% |
| 5-Year Change | -11.86% |
| 10-Year Change | 22.74% |
| Growth Volatility | 21.51 |
Vtech Holdings Limited - Net Assets Trend (1997–2025)
This chart illustrates how Vtech Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vtech Holdings Limited (1997–2025)
The table below shows the annual net assets of Vtech Holdings Limited from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $644.40 Million | -0.12% |
| 2024-03-31 | $645.20 Million | +1.65% |
| 2023-03-31 | $634.70 Million | -6.50% |
| 2022-03-31 | $678.80 Million | -7.15% |
| 2021-03-31 | $731.10 Million | +21.55% |
| 2020-03-31 | $601.50 Million | -0.91% |
| 2019-03-31 | $607.00 Million | -6.12% |
| 2018-03-31 | $646.60 Million | +10.59% |
| 2017-03-31 | $584.70 Million | +11.37% |
| 2016-03-31 | $525.00 Million | -2.92% |
| 2015-03-31 | $540.80 Million | -6.05% |
| 2014-03-31 | $575.60 Million | +0.58% |
| 2013-03-31 | $572.30 Million | +2.89% |
| 2012-03-31 | $556.20 Million | +2.26% |
| 2011-03-31 | $543.90 Million | +5.10% |
| 2010-03-31 | $517.50 Million | +17.56% |
| 2009-03-31 | $440.20 Million | -2.68% |
| 2008-03-31 | $452.30 Million | +31.75% |
| 2007-03-31 | $343.30 Million | +12.12% |
| 2006-03-31 | $306.20 Million | +50.61% |
| 2005-03-31 | $203.30 Million | +25.03% |
| 2004-03-31 | $162.60 Million | +26.73% |
| 2003-03-31 | $128.30 Million | +42.24% |
| 2002-03-31 | $90.20 Million | +11.77% |
| 2001-03-31 | $80.70 Million | -72.88% |
| 2000-03-31 | $297.60 Million | +15.98% |
| 1999-03-31 | $256.60 Million | +22.78% |
| 1998-03-31 | $209.00 Million | +23.52% |
| 1997-03-31 | $169.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vtech Holdings 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $12.70 Million | 1.97% |
| Other Components | $631.70 Million | 98.03% |
| Total Equity | $644.40 Million | 100.00% |
Vtech Holdings Limited Competitors by Market Cap
The table below lists competitors of Vtech Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gilat Satellite Networks Ltd
NASDAQ:GILT
|
$1.08 Billion |
|
PT Indah Kiat Pulp & Paper Tbk
F:IKP
|
$1.08 Billion |
|
Neusoft Corp
SHG:600718
|
$1.08 Billion |
|
Grupo Supervielle SA
NYSE:SUPV
|
$1.08 Billion |
|
Orient Commercial JS Bank
VN:OCB
|
$1.08 Billion |
|
REX American Resources Corporation
NYSE:REX
|
$1.08 Billion |
|
Capital Securities Corp. Ltd.
SHG:601136
|
$1.08 Billion |
|
Tofas Turk Otomobil Fabrikasi AS
IS:TOASO
|
$1.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vtech Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 645,200,000 to 644,400,000, a change of -800,000 (-0.1%).
- Net income of 156,800,000 contributed positively to equity growth.
- Dividend payments of 164,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 39,093,313.
- Other factors decreased equity by 30,093,313.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $156.80 Million | +24.33% |
| Dividends Paid | $164.50 Million | -25.53% |
| Other Comprehensive Income | $39.09 Million | +6.07% |
| Other Changes | $-30.09 Million | -4.67% |
| Total Change | $- | -0.12% |
Book Value vs Market Value Analysis
This analysis compares Vtech Holdings 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: 2.69x
- 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 8.34x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | $0.82 | $6.86 | x |
| 1998-03-31 | $0.98 | $6.86 | x |
| 1999-03-31 | $1.19 | $6.86 | x |
| 2000-03-31 | $1.38 | $6.86 | x |
| 2001-03-31 | $0.36 | $6.86 | x |
| 2002-03-31 | $0.40 | $6.86 | x |
| 2003-03-31 | $0.57 | $6.86 | x |
| 2004-03-31 | $0.72 | $6.86 | x |
| 2005-03-31 | $0.89 | $6.86 | x |
| 2006-03-31 | $1.29 | $6.86 | x |
| 2007-03-31 | $1.41 | $6.86 | x |
| 2008-03-31 | $1.85 | $6.86 | x |
| 2009-03-31 | $1.79 | $6.86 | x |
| 2010-03-31 | $2.08 | $6.86 | x |
| 2011-03-31 | $2.19 | $6.86 | x |
| 2012-03-31 | $2.23 | $6.86 | x |
| 2013-03-31 | $2.29 | $6.86 | x |
| 2014-03-31 | $2.30 | $6.86 | x |
| 2015-03-31 | $2.15 | $6.86 | x |
| 2016-03-31 | $2.09 | $6.86 | x |
| 2017-03-31 | $2.33 | $6.86 | x |
| 2018-03-31 | $2.58 | $6.86 | x |
| 2019-03-31 | $2.41 | $6.86 | x |
| 2020-03-31 | $2.39 | $6.86 | x |
| 2021-03-31 | $2.90 | $6.86 | x |
| 2022-03-31 | $2.69 | $6.86 | x |
| 2023-03-31 | $2.51 | $6.86 | x |
| 2024-03-31 | $2.55 | $6.86 | x |
| 2025-03-31 | $2.55 | $6.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vtech Holdings 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): 24.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.20%
- • Asset Turnover: 1.65x
- • Equity Multiplier: 2.05x
- Recent ROE (24.33%) is above the historical average (21.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 25.89% | 5.96% | 2.51x | 1.73x | $26.76 Million |
| 1998 | 33.16% | 8.20% | 2.07x | 1.95x | $48.19 Million |
| 1999 | 32.32% | 8.61% | 2.12x | 1.77x | $57.11 Million |
| 2000 | 15.16% | 4.30% | 1.43x | 2.46x | $15.32 Million |
| 2001 | -269.42% | -16.11% | 2.08x | 8.03x | $-222.98 Million |
| 2002 | 12.53% | 1.17% | 2.31x | 4.66x | $2.26 Million |
| 2003 | 32.00% | 4.71% | 2.42x | 2.81x | $28.05 Million |
| 2004 | 28.47% | 5.06% | 2.17x | 2.60x | $30.04 Million |
| 2005 | 27.99% | 5.57% | 2.11x | 2.38x | $36.57 Million |
| 2006 | 42.06% | 10.69% | 1.90x | 2.07x | $98.18 Million |
| 2007 | 53.28% | 12.49% | 2.21x | 1.93x | $148.57 Million |
| 2008 | 47.69% | 13.90% | 2.00x | 1.71x | $170.47 Million |
| 2009 | 32.53% | 9.89% | 2.00x | 1.64x | $99.18 Million |
| 2010 | 40.04% | 13.48% | 1.81x | 1.64x | $154.93 Million |
| 2011 | 37.14% | 11.79% | 1.95x | 1.61x | $147.61 Million |
| 2012 | 34.50% | 10.75% | 1.95x | 1.64x | $136.28 Million |
| 2013 | 35.21% | 10.84% | 1.97x | 1.65x | $144.27 Million |
| 2014 | 35.41% | 10.73% | 2.07x | 1.60x | $146.24 Million |
| 2015 | 36.63% | 10.54% | 2.04x | 1.70x | $144.02 Million |
| 2016 | 34.55% | 9.77% | 2.04x | 1.73x | $128.90 Million |
| 2017 | 30.61% | 8.61% | 1.96x | 1.81x | $120.53 Million |
| 2018 | 31.91% | 9.68% | 1.93x | 1.71x | $141.64 Million |
| 2019 | 28.22% | 7.92% | 1.99x | 1.79x | $110.60 Million |
| 2020 | 31.70% | 8.81% | 1.81x | 1.99x | $130.55 Million |
| 2021 | 31.58% | 9.73% | 1.64x | 1.98x | $157.79 Million |
| 2022 | 25.44% | 7.29% | 1.59x | 2.19x | $104.82 Million |
| 2023 | 23.51% | 6.66% | 1.70x | 2.08x | $85.73 Million |
| 2024 | 25.82% | 7.76% | 1.70x | 1.96x | $102.08 Million |
| 2025 | 24.33% | 7.20% | 1.65x | 2.05x | $92.36 Million |
Industry Comparison
This section compares Vtech Holdings Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vtech Holdings Limited (VTKLF) | $616.80 Million | 25.89% | 1.26x | $1.08 Billion |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |