Hong Tai Electric Industrial Co Ltd (1612) - Net Assets
Based on the latest financial reports, Hong Tai Electric Industrial Co Ltd (1612) has net assets worth NT$8.14 Billion TWD (≈ $256.34 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$9.92 Billion ≈ $312.40 Million USD) and total liabilities (NT$1.78 Billion ≈ $56.06 Million 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 Hong Tai Electric Industrial Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$8.14 Billion |
| % of Total Assets | 82.06% |
| Annual Growth Rate | 3.32% |
| 5-Year Change | 8.52% |
| 10-Year Change | 88.48% |
| Growth Volatility | 12.96 |
Hong Tai Electric Industrial Co Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Hong Tai Electric Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See Hong Tai Electric Industrial Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hong Tai Electric Industrial Co Ltd (2004–2025)
The table below shows the annual net assets of Hong Tai Electric Industrial Co Ltd from 2004 to 2025. For live valuation and market cap data, see market cap of Hong Tai Electric Industrial Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$8.48 Billion ≈ $267.26 Million |
+11.62% |
| 2024-12-31 | NT$7.60 Billion ≈ $239.44 Million |
+0.62% |
| 2023-12-31 | NT$7.55 Billion ≈ $237.96 Million |
+6.28% |
| 2022-12-31 | NT$7.11 Billion ≈ $223.89 Million |
-9.09% |
| 2021-12-31 | NT$7.82 Billion ≈ $246.29 Million |
+47.60% |
| 2020-12-31 | NT$5.30 Billion ≈ $166.86 Million |
+13.69% |
| 2019-12-31 | NT$4.66 Billion ≈ $146.77 Million |
+4.77% |
| 2018-12-31 | NT$4.45 Billion ≈ $140.08 Million |
-5.26% |
| 2017-12-31 | NT$4.69 Billion ≈ $147.86 Million |
+4.28% |
| 2016-12-31 | NT$4.50 Billion ≈ $141.80 Million |
+0.38% |
| 2015-12-31 | NT$4.48 Billion ≈ $141.27 Million |
-8.89% |
| 2014-12-31 | NT$4.92 Billion ≈ $155.05 Million |
-0.05% |
| 2013-12-31 | NT$4.92 Billion ≈ $155.12 Million |
-0.75% |
| 2012-12-31 | NT$4.96 Billion ≈ $156.28 Million |
-1.90% |
| 2011-12-31 | NT$5.06 Billion ≈ $159.31 Million |
-4.68% |
| 2010-12-31 | NT$5.31 Billion ≈ $167.14 Million |
+4.96% |
| 2009-12-31 | NT$5.05 Billion ≈ $159.25 Million |
+7.63% |
| 2008-12-31 | NT$4.70 Billion ≈ $147.96 Million |
-20.98% |
| 2007-12-31 | NT$5.94 Billion ≈ $187.23 Million |
+17.64% |
| 2006-12-31 | NT$5.05 Billion ≈ $159.15 Million |
+9.42% |
| 2005-12-31 | NT$4.62 Billion ≈ $145.45 Million |
+8.16% |
| 2004-12-31 | NT$4.27 Billion ≈ $134.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hong Tai Electric Industrial 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 573.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.36 Billion | 39.65% |
| Common Stock | NT$3.16 Billion | 37.27% |
| Other Comprehensive Income | NT$1.77 Billion | 20.85% |
| Other Components | NT$189.80 Million | 2.24% |
| Total Equity | NT$8.48 Billion | 100.00% |
Hong Tai Electric Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Hong Tai Electric Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Matrix Service Co
NASDAQ:MTRX
|
$378.96 Million |
|
Jiangsu Tongda Power Technology Co Ltd
SHE:002576
|
$379.06 Million |
|
Shandong Sinobioway Biomedicine Co Ltd
SHE:002581
|
$379.40 Million |
|
Tarczynski S.A.
WAR:TAR
|
$379.43 Million |
|
Cre8 Direct Ningbo Co Ltd
SHE:300703
|
$378.80 Million |
|
ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX
|
$378.66 Million |
|
Qibu Co Ltd
SHG:603557
|
$378.60 Million |
|
Jiangxi Selon Industrial Co Ltd
SHE:002748
|
$378.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hong Tai Electric Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,597,677,000 to 8,481,684,999, a change of 884,007,999 (11.6%).
- Net income of 875,154,000 contributed positively to equity growth.
- Dividend payments of 663,768,000 reduced retained earnings.
- Other comprehensive income increased equity by 704,756,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$875.15 Million | +10.32% |
| Dividends Paid | NT$663.77 Million | -7.83% |
| Other Comprehensive Income | NT$704.76 Million | +8.31% |
| Other Changes | NT$-32.13 Million | -0.38% |
| Total Change | NT$- | 11.64% |
Book Value vs Market Value Analysis
This analysis compares Hong Tai Electric Industrial 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: 1.43x
- 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 2.46x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$15.49 | NT$38.05 | x |
| 2010-12-31 | NT$16.27 | NT$38.05 | x |
| 2011-12-31 | NT$15.51 | NT$38.05 | x |
| 2012-12-31 | NT$15.23 | NT$38.05 | x |
| 2013-12-31 | NT$15.15 | NT$38.05 | x |
| 2014-12-31 | NT$15.15 | NT$38.05 | x |
| 2015-12-31 | NT$13.86 | NT$38.05 | x |
| 2016-12-31 | NT$14.23 | NT$38.05 | x |
| 2017-12-31 | NT$14.84 | NT$38.05 | x |
| 2018-12-31 | NT$14.06 | NT$38.05 | x |
| 2019-12-31 | NT$14.73 | NT$38.05 | x |
| 2020-12-31 | NT$16.75 | NT$38.05 | x |
| 2021-12-31 | NT$24.73 | NT$38.05 | x |
| 2022-12-31 | NT$22.48 | NT$38.05 | x |
| 2023-12-31 | NT$23.73 | NT$38.05 | x |
| 2024-12-31 | NT$23.91 | NT$38.05 | x |
| 2025-12-31 | NT$26.63 | NT$38.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hong Tai Electric Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.59%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.14x
- Recent ROE (10.32%) is above the historical average (7.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.32% | 5.60% | 0.88x | 1.28x | NT$-157.09 Million |
| 2006 | 12.71% | 8.74% | 1.17x | 1.25x | NT$136.04 Million |
| 2007 | 13.30% | 10.07% | 1.05x | 1.25x | NT$194.62 Million |
| 2008 | 1.51% | 1.02% | 1.31x | 1.13x | NT$-395.58 Million |
| 2009 | 4.83% | 4.25% | 0.93x | 1.23x | NT$-259.49 Million |
| 2010 | 7.00% | 6.30% | 0.95x | 1.17x | NT$-158.43 Million |
| 2011 | 3.09% | 2.67% | 1.00x | 1.16x | NT$-347.31 Million |
| 2012 | 1.47% | 1.37% | 0.93x | 1.15x | NT$-421.11 Million |
| 2013 | 1.05% | 1.20% | 0.74x | 1.18x | NT$-439.61 Million |
| 2014 | 5.11% | 6.60% | 0.69x | 1.12x | NT$-239.97 Million |
| 2015 | 0.91% | 1.28% | 0.61x | 1.16x | NT$-406.99 Million |
| 2016 | 2.11% | 2.95% | 0.60x | 1.19x | NT$-354.88 Million |
| 2017 | 4.38% | 5.75% | 0.67x | 1.13x | NT$-263.45 Million |
| 2018 | 2.76% | 3.17% | 0.75x | 1.16x | NT$-321.64 Million |
| 2019 | 4.33% | 5.76% | 0.60x | 1.26x | NT$-263.80 Million |
| 2020 | 9.77% | 11.33% | 0.74x | 1.16x | NT$-12.14 Million |
| 2021 | 34.52% | 42.78% | 0.72x | 1.12x | NT$1.92 Billion |
| 2022 | 4.98% | 5.54% | 0.78x | 1.16x | NT$-356.66 Million |
| 2023 | 8.32% | 10.14% | 0.73x | 1.13x | NT$-126.59 Million |
| 2024 | 9.91% | 11.44% | 0.76x | 1.14x | NT$-6.65 Million |
| 2025 | 10.32% | 11.59% | 0.78x | 1.14x | NT$26.99 Million |
Industry Comparison
This section compares Hong Tai Electric Industrial Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,485,009,889
- Average return on equity (ROE) among peers: 47.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hong Tai Electric Industrial Co Ltd (1612) | NT$8.14 Billion | 6.32% | 0.22x | $378.91 Million |
| Shihlin Electric & Engineering Corp (1503) | $19.41 Billion | 5.67% | 0.54x | $3.88 Billion |
| Allis Electric Co Ltd (1514) | $2.63 Billion | 2.65% | 0.72x | $1.01 Billion |
| Fortune Electric Co Ltd (1519) | $3.22 Billion | 13.15% | 0.79x | $7.99 Billion |
| Klingon Aerospace Inc (1529) | $1.60 Billion | 0.00% | 0.51x | $111.90 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.79 Billion | 16.37% | 0.39x | $329.64 Million |
| Chieftek Precision Co Ltd (1597) | $622.18 Million | 14.16% | 0.83x | $404.14 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $10.61 Billion | 0.00% | 0.24x | $464.43 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $6.42 Billion | 371.65% | 0.77x | $939.81 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.07 Billion | 0.00% | 1.07x | $278.20 Million |
About Hong Tai Electric Industrial Co Ltd
Hong Tai Electric Industrial Co., Ltd. manufactures, processes, and sells wires and cables, and communication products and accessories. It offers bare soft/hard copper stranded wire, lead-free PVC wires and cables, medium and low voltage cross-linked PE cables, UHV cross-linked PE cables, heat-resistant/flame-resistant cables, solar cables, and rat and ant-proof wires and cables. The company also… Read more