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$7.92 Billion TWD (≈ $249.58 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 (NT$9.08 Billion ≈ $286.18 Million USD) and total liabilities (NT$1.16 Billion ≈ $36.60 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 (1612) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$7.92 Billion |
| % of Total Assets | 87.21% |
| Annual Growth Rate | 2.93% |
| 5-Year Change | 43.5% |
| 10-Year Change | 69.5% |
| Growth Volatility | 13.17 |
Hong Tai Electric Industrial Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Hong Tai Electric Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hong Tai Electric Industrial Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Hong Tai Electric Industrial Co Ltd (2004–2024)
The table below shows the annual net assets of Hong Tai Electric Industrial Co Ltd from 2004 to 2024. For live valuation and market cap data, see market cap of Hong Tai Electric Industrial Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 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 537.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.18 Billion | 41.88% |
| Common Stock | NT$3.16 Billion | 41.60% |
| Other Comprehensive Income | NT$1.06 Billion | 14.00% |
| Other Components | NT$191.70 Million | 2.52% |
| Total Equity | NT$7.60 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 |
|---|---|
|
Oma Saastopankki Oyj
HE:OMASP
|
$355.08 Million |
|
Plumas Bancorp
NASDAQ:PLBC
|
$355.26 Million |
|
Jouder Precision Industry Kunshan Co Ltd
SHE:300549
|
$355.31 Million |
|
Joyvio Agriculture Development Co Ltd
SHE:300268
|
$355.34 Million |
|
AVCON Information Tech
SHE:300074
|
$354.98 Million |
|
NSI NV
AS:NSI
|
$354.91 Million |
|
Aerostar Bacau
RO:ARS
|
$354.90 Million |
|
Kitex Garments Limited
NSE:KITEX
|
$354.89 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 2023 to 2024, total equity changed from 7,550,534,000 to 7,597,677,000, a change of 47,143,000 (0.6%).
- Net income of 753,117,000 contributed positively to equity growth.
- Dividend payments of 632,160,000 reduced retained earnings.
- Other comprehensive income decreased equity by 251,427,001.
- Other factors increased equity by 177,613,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$753.12 Million | +9.91% |
| Dividends Paid | NT$632.16 Million | -8.32% |
| Other Comprehensive Income | NT$-251.43 Million | -3.31% |
| Other Changes | NT$177.61 Million | +2.34% |
| Total Change | NT$- | 0.62% |
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: 1.49x
- 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 2.30x to 1.49x 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$35.65 | x |
| 2010-12-31 | NT$16.27 | NT$35.65 | x |
| 2011-12-31 | NT$15.51 | NT$35.65 | x |
| 2012-12-31 | NT$15.23 | NT$35.65 | x |
| 2013-12-31 | NT$15.15 | NT$35.65 | x |
| 2014-12-31 | NT$15.15 | NT$35.65 | x |
| 2015-12-31 | NT$13.86 | NT$35.65 | x |
| 2016-12-31 | NT$14.23 | NT$35.65 | x |
| 2017-12-31 | NT$14.84 | NT$35.65 | x |
| 2018-12-31 | NT$14.06 | NT$35.65 | x |
| 2019-12-31 | NT$14.73 | NT$35.65 | x |
| 2020-12-31 | NT$16.75 | NT$35.65 | x |
| 2021-12-31 | NT$24.73 | NT$35.65 | x |
| 2022-12-31 | NT$22.48 | NT$35.65 | x |
| 2023-12-31 | NT$23.73 | NT$35.65 | x |
| 2024-12-31 | NT$23.91 | NT$35.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hong Tai Electric Industrial Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.44%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.14x
- Recent ROE (9.91%) is above the historical average (6.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.32% | 5.60% | 0.88x | 1.28x | NT$-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 |
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: $6,165,222,556
- Average return on equity (ROE) among peers: 6.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hong Tai Electric Industrial Co Ltd (1612) | NT$7.92 Billion | 6.32% | 0.15x | $355.01 Million |
| Shihlin Electric & Engineering Corp (1503) | $27.04 Billion | 6.68% | 0.67x | $3.11 Billion |
| Allis Electric Co Ltd (1514) | $3.10 Billion | 9.53% | 0.87x | $920.17 Million |
| Fortune Electric Co Ltd (1519) | $2.22 Billion | 3.49% | 0.85x | $8.84 Billion |
| Klingon Aerospace Inc (1529) | $1.72 Billion | 2.62% | 0.74x | $106.03 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $2.16 Billion | 14.61% | 0.45x | $318.00 Million |
| Chieftek Precision Co Ltd (1597) | $1.33 Billion | 5.33% | 1.05x | $394.51 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $8.36 Billion | 5.26% | 0.53x | $437.03 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $8.10 Billion | 5.82% | 1.52x | $794.28 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.46 Billion | 0.92% | 0.49x | $283.16 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