Synnex Technology International Corp (2347) - Net Assets
Based on the latest financial reports, Synnex Technology International Corp (2347) has net assets worth NT$76.89 Billion TWD (≈ $2.42 Billion 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$206.57 Billion ≈ $6.51 Billion USD) and total liabilities (NT$129.68 Billion ≈ $4.09 Billion 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 2347 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$76.89 Billion |
| % of Total Assets | 37.22% |
| Annual Growth Rate | 7.6% |
| 5-Year Change | 40.76% |
| 10-Year Change | 82.39% |
| Growth Volatility | 6.31 |
Synnex Technology International Corp - Net Assets Trend (2000–2024)
This chart illustrates how Synnex Technology International Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Synnex Technology International Corp for the complete picture of this company's asset base.
Annual Net Assets for Synnex Technology International Corp (2000–2024)
The table below shows the annual net assets of Synnex Technology International Corp from 2000 to 2024. For live valuation and market cap data, see market value of Synnex Technology International Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$80.02 Billion ≈ $2.52 Billion |
+7.42% |
| 2023-12-31 | NT$74.50 Billion ≈ $2.35 Billion |
-0.58% |
| 2022-12-31 | NT$74.93 Billion ≈ $2.36 Billion |
+13.72% |
| 2021-12-31 | NT$65.89 Billion ≈ $2.08 Billion |
+15.90% |
| 2020-12-31 | NT$56.85 Billion ≈ $1.79 Billion |
+9.44% |
| 2019-12-31 | NT$51.95 Billion ≈ $1.64 Billion |
+5.24% |
| 2018-12-31 | NT$49.36 Billion ≈ $1.56 Billion |
+5.56% |
| 2017-12-31 | NT$46.76 Billion ≈ $1.47 Billion |
+6.56% |
| 2016-12-31 | NT$43.88 Billion ≈ $1.38 Billion |
+0.02% |
| 2015-12-31 | NT$43.88 Billion ≈ $1.38 Billion |
-5.05% |
| 2014-12-31 | NT$46.21 Billion ≈ $1.46 Billion |
+6.60% |
| 2013-12-31 | NT$43.35 Billion ≈ $1.37 Billion |
+5.84% |
| 2012-12-31 | NT$40.96 Billion ≈ $1.29 Billion |
-4.32% |
| 2011-12-31 | NT$42.81 Billion ≈ $1.35 Billion |
+20.04% |
| 2010-12-31 | NT$35.66 Billion ≈ $1.12 Billion |
+11.70% |
| 2009-12-31 | NT$31.92 Billion ≈ $1.01 Billion |
+14.82% |
| 2008-12-31 | NT$27.80 Billion ≈ $875.96 Million |
+2.62% |
| 2007-12-31 | NT$27.09 Billion ≈ $853.59 Million |
+15.29% |
| 2006-12-31 | NT$23.50 Billion ≈ $740.37 Million |
+7.34% |
| 2005-12-31 | NT$21.89 Billion ≈ $689.75 Million |
+12.60% |
| 2004-12-31 | NT$19.44 Billion ≈ $612.56 Million |
+4.08% |
| 2003-12-31 | NT$18.68 Billion ≈ $588.56 Million |
+8.64% |
| 2002-12-31 | NT$17.20 Billion ≈ $541.75 Million |
+15.27% |
| 2001-12-31 | NT$14.92 Billion ≈ $469.98 Million |
+8.09% |
| 2000-12-31 | NT$13.80 Billion ≈ $434.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Synnex Technology International Corp'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 1544.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$32.21 Billion | 41.78% |
| Common Stock | NT$16.68 Billion | 21.64% |
| Other Comprehensive Income | NT$14.95 Billion | 19.39% |
| Other Components | NT$13.25 Billion | 17.19% |
| Total Equity | NT$77.09 Billion | 100.00% |
Synnex Technology International Corp Competitors by Market Cap
The table below lists competitors of Synnex Technology International Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianneng Battery Group Co Ltd
SHG:688819
|
$4.34 Billion |
|
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság
F:MGYB
|
$4.34 Billion |
|
ACI Worldwide Inc
NASDAQ:ACIW
|
$4.34 Billion |
|
VISTA ENERGY 1 A ADR/1
F:1CIA
|
$4.34 Billion |
|
Sotera Health Co
NASDAQ:SHC
|
$4.33 Billion |
|
AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE)
NSE:AIIL
|
$4.33 Billion |
|
LG Display Co Ltd
NYSE:LPL
|
$4.33 Billion |
|
Kingsoft Cloud Holdings Ltd
NASDAQ:KC
|
$4.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Synnex Technology International Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 71,814,294,000 to 77,087,147,000, a change of 5,272,853,000 (7.3%).
- Net income of 9,212,504,000 contributed positively to equity growth.
- Dividend payments of 5,003,841,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,615,092,001.
- Other factors decreased equity by 2,550,902,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$9.21 Billion | +11.95% |
| Dividends Paid | NT$5.00 Billion | -6.49% |
| Other Comprehensive Income | NT$3.62 Billion | +4.69% |
| Other Changes | NT$-2.55 Billion | -3.31% |
| Total Change | NT$- | 7.34% |
Book Value vs Market Value Analysis
This analysis compares Synnex Technology International Corp'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: 1.79x
- 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 5.30x to 1.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$15.56 | NT$82.50 | x |
| 2007-12-31 | NT$17.56 | NT$82.50 | x |
| 2008-12-31 | NT$18.06 | NT$82.50 | x |
| 2009-12-31 | NT$19.50 | NT$82.50 | x |
| 2010-12-31 | NT$21.51 | NT$82.50 | x |
| 2011-12-31 | NT$24.83 | NT$82.50 | x |
| 2012-12-31 | NT$23.63 | NT$82.50 | x |
| 2013-12-31 | NT$24.53 | NT$82.50 | x |
| 2014-12-31 | NT$27.17 | NT$82.50 | x |
| 2015-12-31 | NT$25.67 | NT$82.50 | x |
| 2016-12-31 | NT$25.52 | NT$82.50 | x |
| 2017-12-31 | NT$27.08 | NT$82.50 | x |
| 2018-12-31 | NT$28.52 | NT$82.50 | x |
| 2019-12-31 | NT$29.86 | NT$82.50 | x |
| 2020-12-31 | NT$32.72 | NT$82.50 | x |
| 2021-12-31 | NT$38.14 | NT$82.50 | x |
| 2022-12-31 | NT$43.50 | NT$82.50 | x |
| 2023-12-31 | NT$43.06 | NT$82.50 | x |
| 2024-12-31 | NT$46.22 | NT$82.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Synnex Technology International Corp 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): 11.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.16%
- • Asset Turnover: 1.89x
- • Equity Multiplier: 2.92x
- Recent ROE (11.95%) is below the historical average (13.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.96% | 2.50% | 2.70x | 1.62x | NT$131.44 Million |
| 2001 | 9.54% | 2.18% | 2.55x | 1.71x | NT$-68.02 Million |
| 2002 | 14.20% | 2.92% | 2.60x | 1.87x | NT$722.86 Million |
| 2003 | 12.96% | 2.24% | 2.79x | 2.07x | NT$552.44 Million |
| 2004 | 12.47% | 1.81% | 2.95x | 2.33x | NT$481.20 Million |
| 2005 | 13.16% | 2.05% | 2.93x | 2.20x | NT$683.49 Million |
| 2006 | 11.49% | 1.87% | 2.93x | 2.10x | NT$345.66 Million |
| 2007 | 14.30% | 2.22% | 2.90x | 2.22x | NT$1.14 Billion |
| 2008 | 11.84% | 1.73% | 3.01x | 2.27x | NT$512.43 Million |
| 2009 | 15.12% | 2.19% | 3.00x | 2.30x | NT$1.64 Billion |
| 2010 | 15.28% | 2.00% | 3.18x | 2.40x | NT$1.88 Billion |
| 2011 | 16.91% | 2.33% | 2.93x | 2.48x | NT$2.96 Billion |
| 2012 | 14.20% | 1.86% | 2.73x | 2.80x | NT$1.72 Billion |
| 2013 | 12.38% | 1.60% | 2.65x | 2.92x | NT$1.02 Billion |
| 2014 | 11.08% | 1.52% | 2.43x | 3.02x | NT$491.42 Million |
| 2015 | 7.44% | 0.99% | 2.39x | 3.15x | NT$-1.10 Billion |
| 2016 | 11.46% | 1.42% | 2.68x | 3.00x | NT$619.46 Million |
| 2017 | 13.54% | 1.68% | 2.62x | 3.07x | NT$1.60 Billion |
| 2018 | 13.89% | 1.72% | 2.60x | 3.10x | NT$1.85 Billion |
| 2019 | 13.68% | 2.00% | 2.30x | 2.96x | NT$1.83 Billion |
| 2020 | 14.95% | 2.44% | 2.09x | 2.93x | NT$2.70 Billion |
| 2021 | 27.15% | 4.22% | 2.03x | 3.17x | NT$10.91 Billion |
| 2022 | 21.70% | 3.71% | 1.92x | 3.05x | NT$8.49 Billion |
| 2023 | 10.15% | 1.84% | 1.85x | 2.98x | NT$107.87 Million |
| 2024 | 11.95% | 2.16% | 1.89x | 2.92x | NT$1.50 Billion |
Industry Comparison
This section compares Synnex Technology International Corp's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $9,174,657,556
- Average return on equity (ROE) among peers: 7.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Synnex Technology International Corp (2347) | NT$76.89 Billion | 10.96% | 1.69x | $4.34 Billion |
| China Wire & Cable Co Ltd (1603) | $3.47 Billion | 1.69% | 1.20x | $159.64 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $7.31 Billion | 7.65% | 0.10x | $233.73 Million |
| Foxconn Technology Co Ltd (2354) | $49.32 Billion | 18.34% | 1.03x | $2.31 Billion |
| Senao International Co Ltd (2450) | $5.75 Billion | 13.96% | 0.78x | $240.84 Million |
| Wah Lee Industrial Corp (3010) | $7.24 Billion | 11.18% | 1.07x | $1.08 Billion |
| Weikeng Industrial Co Ltd (3033) | $5.82 Billion | 10.73% | 3.40x | $540.95 Million |
| Edom Technology Co Ltd (3048) | $2.10 Billion | 2.91% | 1.93x | $324.32 Million |
| MetaTech AP (3224) | $1.07 Billion | -5.38% | 0.22x | $124.56 Million |
| Sentronic International (3232) | $488.54 Million | 2.26% | 0.71x | $31.40 Million |
About Synnex Technology International Corp
Synnex Technology International Corporation, together with its subsidiaries, distributes information, communication, consumer, and semiconductor products. The company is involved in assembling and sale of computers and computer peripherals; the sale of consumer electronics and 3C products, real estate investments, and providing maintenance, technical, warehouse, and logistics services. It operate… Read more