KYE Systems Corp
KYE Systems Corp. engages in the manufacturing, processing, and sale of computer peripheral products for business, lifestyle, mobility, and gaming peripherals worldwide. The company provides mice, keyboards, speakers, headsets, webcams, graphic tablets, video imaging products, such as network and security cameras, headphone speakers, game console peripherals and other consumer electronics product… Read more
KYE Systems Corp (2365) - Net Assets
Latest net assets as of September 2025: NT$3.01 Billion TWD
Based on the latest financial reports, KYE Systems Corp (2365) has net assets worth NT$3.01 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$3.44 Billion) and total liabilities (NT$431.37 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 | NT$3.01 Billion |
| % of Total Assets | 87.47% |
| Annual Growth Rate | 0.43% |
| 5-Year Change | 4.3% |
| 10-Year Change | -27.0% |
| Growth Volatility | 8.89 |
KYE Systems Corp - Net Assets Trend (2000–2024)
This chart illustrates how KYE Systems Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KYE Systems Corp (2000–2024)
The table below shows the annual net assets of KYE Systems Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.13 Billion | +3.82% |
| 2023-12-31 | NT$3.02 Billion | +1.48% |
| 2022-12-31 | NT$2.97 Billion | +0.86% |
| 2021-12-31 | NT$2.95 Billion | -1.85% |
| 2020-12-31 | NT$3.00 Billion | -8.04% |
| 2019-12-31 | NT$3.26 Billion | +3.03% |
| 2018-12-31 | NT$3.17 Billion | -8.43% |
| 2017-12-31 | NT$3.46 Billion | -5.67% |
| 2016-12-31 | NT$3.67 Billion | -14.47% |
| 2015-12-31 | NT$4.29 Billion | -4.14% |
| 2014-12-31 | NT$4.47 Billion | +0.80% |
| 2013-12-31 | NT$4.44 Billion | +2.66% |
| 2012-12-31 | NT$4.32 Billion | -1.20% |
| 2011-12-31 | NT$4.38 Billion | +5.95% |
| 2010-12-31 | NT$4.13 Billion | -13.55% |
| 2009-12-31 | NT$4.78 Billion | +15.98% |
| 2008-12-31 | NT$4.12 Billion | -12.60% |
| 2007-12-31 | NT$4.71 Billion | +2.61% |
| 2006-12-31 | NT$4.59 Billion | +4.68% |
| 2005-12-31 | NT$4.39 Billion | +8.60% |
| 2004-12-31 | NT$4.04 Billion | -2.50% |
| 2003-12-31 | NT$4.14 Billion | +6.03% |
| 2002-12-31 | NT$3.91 Billion | +11.87% |
| 2001-12-31 | NT$3.49 Billion | +23.66% |
| 2000-12-31 | NT$2.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to KYE Systems 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 decreased by 21.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$161.50 Million | 5.21% |
| Common Stock | NT$2.22 Billion | 71.52% |
| Other Comprehensive Income | NT$523.16 Million | 16.89% |
| Other Components | NT$197.34 Million | 6.37% |
| Total Equity | NT$3.10 Billion | 100.00% |
KYE Systems Corp Competitors by Market Cap
The table below lists competitors of KYE Systems Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SRI TRANG GLOVES THAILA-NVDR
BK:STGT-R
|
$197.92 Million |
|
Kehua Holdings Co Ltd Class A
SHG:603161
|
$197.97 Million |
|
A2Z Smart Technologies Corp
NASDAQ:AZ
|
$198.01 Million |
|
Shanghai Yahong Moulding Co Ltd
SHG:603159
|
$198.03 Million |
|
Whirlpool China Co Ltd
SHG:600983
|
$197.81 Million |
|
GeoPark Ltd
NYSE:GPRK
|
$197.80 Million |
|
Grieg Seafood ASA
PINK:GRGSF
|
$197.72 Million |
|
PTG Energy PCL
BK:PTG
|
$197.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KYE Systems Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,984,806,000 to 3,097,272,000, a change of 112,466,000 (3.8%).
- Net income of 142,647,000 contributed positively to equity growth.
- Dividend payments of 66,459,000 reduced retained earnings.
- Other comprehensive income increased equity by 26,357,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$142.65 Million | +4.61% |
| Dividends Paid | NT$66.46 Million | -2.15% |
| Other Comprehensive Income | NT$26.36 Million | +0.85% |
| Other Changes | NT$9.92 Million | +0.32% |
| Total Change | NT$- | 3.77% |
Book Value vs Market Value Analysis
This analysis compares KYE Systems 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: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.30x to 2.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$15.14 | NT$34.80 | x |
| 2010-12-31 | NT$12.37 | NT$34.80 | x |
| 2011-12-31 | NT$13.73 | NT$34.80 | x |
| 2012-12-31 | NT$12.96 | NT$34.80 | x |
| 2013-12-31 | NT$14.38 | NT$34.80 | x |
| 2014-12-31 | NT$14.70 | NT$34.80 | x |
| 2015-12-31 | NT$13.60 | NT$34.80 | x |
| 2016-12-31 | NT$13.16 | NT$34.80 | x |
| 2017-12-31 | NT$13.55 | NT$34.80 | x |
| 2018-12-31 | NT$13.24 | NT$34.80 | x |
| 2019-12-31 | NT$13.72 | NT$34.80 | x |
| 2020-12-31 | NT$12.97 | NT$34.80 | x |
| 2021-12-31 | NT$13.06 | NT$34.80 | x |
| 2022-12-31 | NT$13.26 | NT$34.80 | x |
| 2023-12-31 | NT$13.46 | NT$34.80 | x |
| 2024-12-31 | NT$13.98 | NT$34.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KYE Systems 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): 4.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.57%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.17x
- Recent ROE (4.61%) is below the historical average (8.00%), 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 | 12.52% | 6.66% | 1.25x | 1.51x | NT$71.26 Million |
| 2001 | 10.78% | 6.89% | 1.10x | 1.42x | NT$27.31 Million |
| 2002 | 12.84% | 6.55% | 1.35x | 1.45x | NT$110.99 Million |
| 2003 | 17.48% | 7.20% | 1.63x | 1.49x | NT$309.96 Million |
| 2004 | 15.16% | 5.56% | 1.70x | 1.61x | NT$208.55 Million |
| 2005 | 15.91% | 5.91% | 1.53x | 1.76x | NT$258.95 Million |
| 2006 | 18.26% | 6.44% | 1.63x | 1.74x | NT$378.92 Million |
| 2007 | 25.72% | 8.97% | 1.79x | 1.61x | NT$740.09 Million |
| 2008 | 20.63% | 6.75% | 2.01x | 1.52x | NT$437.23 Million |
| 2009 | 14.37% | 6.73% | 1.39x | 1.54x | NT$208.50 Million |
| 2010 | 10.40% | 3.89% | 1.42x | 1.88x | NT$16.35 Million |
| 2011 | 2.68% | 1.36% | 1.13x | 1.73x | NT$-316.62 Million |
| 2012 | 1.67% | 0.86% | 1.21x | 1.61x | NT$-353.85 Million |
| 2013 | 0.09% | 0.04% | 1.22x | 1.64x | NT$-430.51 Million |
| 2014 | 2.86% | 1.65% | 1.03x | 1.69x | NT$-312.70 Million |
| 2015 | 2.23% | 1.62% | 0.95x | 1.46x | NT$-326.39 Million |
| 2016 | -8.32% | -8.21% | 0.65x | 1.55x | NT$-659.70 Million |
| 2017 | 1.42% | 2.08% | 0.45x | 1.51x | NT$-293.27 Million |
| 2018 | 3.03% | 4.71% | 0.43x | 1.49x | NT$-218.53 Million |
| 2019 | 4.69% | 9.44% | 0.42x | 1.19x | NT$-171.49 Million |
| 2020 | 4.93% | 8.85% | 0.45x | 1.25x | NT$-150.67 Million |
| 2021 | 1.73% | 3.70% | 0.38x | 1.23x | NT$-240.97 Million |
| 2022 | 1.85% | 5.33% | 0.29x | 1.19x | NT$-239.62 Million |
| 2023 | 2.42% | 9.38% | 0.22x | 1.19x | NT$-226.28 Million |
| 2024 | 4.61% | 14.57% | 0.27x | 1.17x | NT$-167.08 Million |
Industry Comparison
This section compares KYE Systems Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KYE Systems Corp (2365) | NT$3.01 Billion | 12.52% | 0.14x | $197.82 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |