TECO Electric & Machinery Co Ltd
TECO Electric & Machinery Co., Ltd. manufactures, installs, wholesales, and retails electronic and telecommunications equipment, office equipment, and home appliances in Taiwan, the United States, China, and internationally. It offers low, medium, and high voltage motors and inverters; motor and drive products; gear reducers; explosion proof motors; AC SVO; motion control and programmable logic c… Read more
TECO Electric & Machinery Co Ltd (1504) - Net Assets
Latest net assets as of September 2025: NT$94.10 Billion TWD
Based on the latest financial reports, TECO Electric & Machinery Co Ltd (1504) has net assets worth NT$94.10 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$141.13 Billion) and total liabilities (NT$47.02 Billion). 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 | NT$94.10 Billion |
| % of Total Assets | 66.68% |
| Annual Growth Rate | 3.91% |
| 5-Year Change | 20.77% |
| 10-Year Change | 58.8% |
| Growth Volatility | 10.43 |
TECO Electric & Machinery Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how TECO Electric & Machinery Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TECO Electric & Machinery Co Ltd (2000–2024)
The table below shows the annual net assets of TECO Electric & Machinery Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$81.67 Billion | -5.52% |
| 2023-12-31 | NT$86.44 Billion | +0.14% |
| 2022-12-31 | NT$86.32 Billion | -9.77% |
| 2021-12-31 | NT$95.66 Billion | +41.46% |
| 2020-12-31 | NT$67.63 Billion | +9.59% |
| 2019-12-31 | NT$61.70 Billion | +5.49% |
| 2018-12-31 | NT$58.49 Billion | +1.07% |
| 2017-12-31 | NT$57.87 Billion | +3.86% |
| 2016-12-31 | NT$55.72 Billion | +8.34% |
| 2015-12-31 | NT$51.43 Billion | -3.40% |
| 2014-12-31 | NT$53.24 Billion | +13.95% |
| 2013-12-31 | NT$46.72 Billion | +15.48% |
| 2012-12-31 | NT$40.46 Billion | +4.44% |
| 2011-12-31 | NT$38.74 Billion | +3.72% |
| 2010-12-31 | NT$37.35 Billion | +1.50% |
| 2009-12-31 | NT$36.80 Billion | +6.35% |
| 2008-12-31 | NT$34.60 Billion | -9.43% |
| 2007-12-31 | NT$38.21 Billion | -0.82% |
| 2006-12-31 | NT$38.52 Billion | +17.33% |
| 2005-12-31 | NT$32.83 Billion | +6.61% |
| 2004-12-31 | NT$30.80 Billion | -6.94% |
| 2003-12-31 | NT$33.09 Billion | +3.60% |
| 2002-12-31 | NT$31.95 Billion | -0.86% |
| 2001-12-31 | NT$32.22 Billion | -0.94% |
| 2000-12-31 | NT$32.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TECO Electric & Machinery Co Ltd'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 1595.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$23.09 Billion | 30.59% |
| Common Stock | NT$21.39 Billion | 28.34% |
| Other Components | NT$31.01 Billion | 41.08% |
| Total Equity | NT$75.48 Billion | 100.00% |
TECO Electric & Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of TECO Electric & Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai International Airport Co Ltd
SHG:600009
|
$3.79 Billion |
|
GLP J-REIT
PINK:GLPJF
|
$3.79 Billion |
|
TRI Pointe Homes Inc
NYSE:TPH
|
$3.79 Billion |
|
Getinge AB
PINK:GNGBF
|
$3.80 Billion |
|
Clear Secure Inc
NYSE:YOU
|
$3.79 Billion |
|
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia
SHE:002128
|
$3.79 Billion |
|
M3 Inc
PINK:MTHRF
|
$3.78 Billion |
|
GERDAU S.A. PFD
F:GDUB
|
$3.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TECO Electric & Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,148,590,000 to 75,482,209,000, a change of -4,666,381,000 (-5.8%).
- Net income of 5,767,637,000 contributed positively to equity growth.
- Dividend payments of 4,985,208,000 reduced retained earnings.
- Other comprehensive income decreased equity by 36,872,268,000.
- Other factors increased equity by 31,423,458,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.77 Billion | +7.64% |
| Dividends Paid | NT$4.99 Billion | -6.6% |
| Other Comprehensive Income | NT$-36.87 Billion | -48.85% |
| Other Changes | NT$31.42 Billion | +41.63% |
| Total Change | NT$- | -5.82% |
Book Value vs Market Value Analysis
This analysis compares TECO Electric & Machinery Co Ltd'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: 1.95x
- 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 4.22x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | NT$16.57 | NT$69.90 | x |
| 2006-12-31 | NT$20.37 | NT$69.90 | x |
| 2007-12-31 | NT$19.89 | NT$69.90 | x |
| 2008-12-31 | NT$18.11 | NT$69.90 | x |
| 2009-12-31 | NT$19.57 | NT$69.90 | x |
| 2010-12-31 | NT$19.66 | NT$69.90 | x |
| 2011-12-31 | NT$20.25 | NT$69.90 | x |
| 2012-12-31 | NT$20.82 | NT$69.90 | x |
| 2013-12-31 | NT$22.80 | NT$69.90 | x |
| 2014-12-31 | NT$24.75 | NT$69.90 | x |
| 2015-12-31 | NT$23.86 | NT$69.90 | x |
| 2016-12-31 | NT$24.98 | NT$69.90 | x |
| 2017-12-31 | NT$26.17 | NT$69.90 | x |
| 2018-12-31 | NT$27.11 | NT$69.90 | x |
| 2019-12-31 | NT$29.08 | NT$69.90 | x |
| 2020-12-31 | NT$31.88 | NT$69.90 | x |
| 2021-12-31 | NT$42.37 | NT$69.90 | x |
| 2022-12-31 | NT$37.94 | NT$69.90 | x |
| 2023-12-31 | NT$38.00 | NT$69.90 | x |
| 2024-12-31 | NT$35.79 | NT$69.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TECO Electric & Machinery Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.44%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.65x
- Recent ROE (7.64%) is above the historical average (5.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.04% | 4.63% | 0.42x | 2.06x | NT$-1.94 Billion |
| 2001 | 0.32% | 0.34% | 0.47x | 1.97x | NT$-3.12 Billion |
| 2002 | 1.70% | 2.10% | 0.40x | 2.03x | NT$-2.65 Billion |
| 2003 | 1.30% | 1.35% | 0.47x | 2.03x | NT$-2.88 Billion |
| 2005 | 5.74% | 4.92% | 0.59x | 1.99x | NT$-1.36 Billion |
| 2006 | 6.20% | 5.64% | 0.60x | 1.82x | NT$-1.41 Billion |
| 2007 | 7.34% | 6.09% | 0.65x | 1.85x | NT$-981.08 Million |
| 2008 | 5.53% | 4.02% | 0.69x | 1.99x | NT$-1.48 Billion |
| 2009 | 5.52% | 4.89% | 0.62x | 1.82x | NT$-1.59 Billion |
| 2010 | 6.98% | 5.54% | 0.68x | 1.85x | NT$-1.08 Billion |
| 2011 | 7.51% | 5.95% | 0.67x | 1.90x | NT$-924.87 Million |
| 2012 | 7.76% | 6.10% | 0.67x | 1.89x | NT$-857.31 Million |
| 2013 | 8.77% | 6.64% | 0.74x | 1.79x | NT$-526.47 Million |
| 2014 | 8.26% | 7.56% | 0.65x | 1.68x | NT$-855.48 Million |
| 2015 | 6.69% | 6.54% | 0.58x | 1.78x | NT$-1.57 Billion |
| 2016 | 7.00% | 6.97% | 0.54x | 1.86x | NT$-1.49 Billion |
| 2017 | 5.97% | 6.07% | 0.55x | 1.78x | NT$-2.09 Billion |
| 2018 | 5.87% | 6.29% | 0.54x | 1.71x | NT$-2.22 Billion |
| 2019 | 5.68% | 6.72% | 0.48x | 1.75x | NT$-2.45 Billion |
| 2020 | 5.68% | 7.66% | 0.43x | 1.71x | NT$-2.67 Billion |
| 2021 | 5.62% | 9.54% | 0.38x | 1.53x | NT$-3.91 Billion |
| 2022 | 4.32% | 5.93% | 0.46x | 1.58x | NT$-4.54 Billion |
| 2023 | 7.27% | 9.82% | 0.47x | 1.59x | NT$-2.18 Billion |
| 2024 | 7.64% | 10.44% | 0.44x | 1.65x | NT$-1.78 Billion |
Industry Comparison
This section compares TECO Electric & Machinery Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $8,180,233,889
- Average return on equity (ROE) among peers: 13.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TECO Electric & Machinery Co Ltd (1504) | NT$94.10 Billion | 4.04% | 0.50x | $3.79 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $19.24 Billion | 18.82% | 1.56x | $1.96 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $87.63 Million |
| Awea Mechantronic Co Ltd (1530) | $3.16 Billion | 4.15% | 0.97x | $20.63 Million |
| Kaulin Mfg (1531) | $4.60 Billion | 7.11% | 0.29x | $39.04 Million |
| Chiu Ting Machinery Co Ltd (1539) | $990.48 Million | 22.54% | 1.99x | $14.13 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.20 Billion | 23.81% | 0.57x | $45.90 Million |
| Sinmag Equipment (1580) | $2.98 Billion | 20.23% | 0.34x | $131.61 Million |
| Goodway Machine Corp (1583) | $4.00 Billion | 10.09% | 1.15x | $28.04 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $3.89 Billion |