Unitech Printed Circuit Board Corp (2367) - Net Assets
Based on the latest financial reports, Unitech Printed Circuit Board Corp (2367) has net assets worth NT$12.20 Billion TWD (≈ $384.24 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$22.60 Billion ≈ $711.93 Million USD) and total liabilities (NT$10.40 Billion ≈ $327.68 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 how resilient are Unitech Printed Circuit Board Corp's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.20 Billion |
| % of Total Assets | 53.97% |
| Annual Growth Rate | 3.1% |
| 5-Year Change | 31.1% |
| 10-Year Change | 29.26% |
| Growth Volatility | 15.47 |
Unitech Printed Circuit Board Corp - Net Assets Trend (2000–2024)
This chart illustrates how Unitech Printed Circuit Board Corp's net assets have evolved over time, based on quarterly financial data. Also explore Unitech Printed Circuit Board Corp (2367) total assets for the complete picture of this company's asset base.
Annual Net Assets for Unitech Printed Circuit Board Corp (2000–2024)
The table below shows the annual net assets of Unitech Printed Circuit Board Corp from 2000 to 2024. For live valuation and market cap data, see Unitech Printed Circuit Board Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$12.68 Billion ≈ $399.48 Million |
+29.07% |
| 2023-12-31 | NT$9.82 Billion ≈ $309.51 Million |
-8.40% |
| 2022-12-31 | NT$10.72 Billion ≈ $337.88 Million |
+12.97% |
| 2021-12-31 | NT$9.49 Billion ≈ $299.09 Million |
-1.85% |
| 2020-12-31 | NT$9.67 Billion ≈ $304.71 Million |
-14.68% |
| 2019-12-31 | NT$11.34 Billion ≈ $357.14 Million |
+14.51% |
| 2018-12-31 | NT$9.90 Billion ≈ $311.87 Million |
+3.89% |
| 2017-12-31 | NT$9.53 Billion ≈ $300.18 Million |
+14.84% |
| 2016-12-31 | NT$8.30 Billion ≈ $261.39 Million |
-15.42% |
| 2015-12-31 | NT$9.81 Billion ≈ $309.05 Million |
-0.93% |
| 2014-12-31 | NT$9.90 Billion ≈ $311.95 Million |
+4.13% |
| 2013-12-31 | NT$9.51 Billion ≈ $299.57 Million |
+1.48% |
| 2012-12-31 | NT$9.37 Billion ≈ $295.20 Million |
-11.12% |
| 2011-12-31 | NT$10.54 Billion ≈ $332.15 Million |
+35.96% |
| 2010-12-31 | NT$7.75 Billion ≈ $244.31 Million |
+5.96% |
| 2009-12-31 | NT$7.32 Billion ≈ $230.57 Million |
-0.01% |
| 2008-12-31 | NT$7.32 Billion ≈ $230.61 Million |
-29.65% |
| 2007-12-31 | NT$10.40 Billion ≈ $327.79 Million |
+12.30% |
| 2006-12-31 | NT$9.26 Billion ≈ $291.89 Million |
+18.83% |
| 2005-12-31 | NT$7.80 Billion ≈ $245.64 Million |
+33.93% |
| 2004-12-31 | NT$5.82 Billion ≈ $183.41 Million |
+1.45% |
| 2003-12-31 | NT$5.74 Billion ≈ $180.79 Million |
-9.56% |
| 2002-12-31 | NT$6.34 Billion ≈ $199.89 Million |
+8.71% |
| 2001-12-31 | NT$5.84 Billion ≈ $183.87 Million |
-4.21% |
| 2000-12-31 | NT$6.09 Billion ≈ $191.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Unitech Printed Circuit Board 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 2512.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.76 Billion | 13.91% |
| Common Stock | NT$7.09 Billion | 55.95% |
| Other Comprehensive Income | NT$103.25 Million | 0.81% |
| Other Components | NT$3.72 Billion | 29.33% |
| Total Equity | NT$12.68 Billion | 100.00% |
Unitech Printed Circuit Board Corp Competitors by Market Cap
The table below lists competitors of Unitech Printed Circuit Board Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gravita India Limited
NSE:GRAVITA
|
$1.28 Billion |
|
Shanghai Jinqiao Export Processing Zone Development Co Ltd A
SHG:600639
|
$1.28 Billion |
|
Guoguang Electric Co Ltd Chengdu
SHG:688776
|
$1.28 Billion |
|
PT Daya Intiguna Yasa Tbk
JK:MDIY
|
$1.28 Billion |
|
Lincoln Educational Services
NASDAQ:LINC
|
$1.28 Billion |
|
Shantou Wanshun Package Material
SHE:300057
|
$1.28 Billion |
|
Bossard Holding AG
SW:BOSN
|
$1.28 Billion |
|
SkiStar AB (publ)
ST:SKIS-B
|
$1.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unitech Printed Circuit Board Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,824,002,000 to 12,679,557,000, a change of 2,855,555,000 (29.1%).
- Net income of 1,587,790,000 contributed positively to equity growth.
- New share issuances of 1,037,400,000 increased equity.
- Other comprehensive income increased equity by 184,805,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.59 Billion | +12.52% |
| Share Issuances | NT$1.04 Billion | +8.18% |
| Other Comprehensive Income | NT$184.81 Million | +1.46% |
| Other Changes | NT$45.56 Million | +0.36% |
| Total Change | NT$- | 29.07% |
Book Value vs Market Value Analysis
This analysis compares Unitech Printed Circuit Board 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: 3.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.99x to 3.06x 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$14.47 | NT$57.70 | x |
| 2010-12-31 | NT$15.42 | NT$57.70 | x |
| 2011-12-31 | NT$18.06 | NT$57.70 | x |
| 2012-12-31 | NT$15.51 | NT$57.70 | x |
| 2013-12-31 | NT$15.94 | NT$57.70 | x |
| 2014-12-31 | NT$16.65 | NT$57.70 | x |
| 2015-12-31 | NT$16.73 | NT$57.70 | x |
| 2016-12-31 | NT$14.45 | NT$57.70 | x |
| 2017-12-31 | NT$16.75 | NT$57.70 | x |
| 2018-12-31 | NT$15.70 | NT$57.70 | x |
| 2019-12-31 | NT$18.00 | NT$57.70 | x |
| 2020-12-31 | NT$15.42 | NT$57.70 | x |
| 2021-12-31 | NT$15.14 | NT$57.70 | x |
| 2022-12-31 | NT$16.77 | NT$57.70 | x |
| 2023-12-31 | NT$14.54 | NT$57.70 | x |
| 2024-12-31 | NT$18.83 | NT$57.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unitech Printed Circuit Board Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.52%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.57%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.84x
- Recent ROE (12.52%) is above the historical average (3.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.40% | 1.12% | 0.62x | 2.00x | NT$-493.75 Million |
| 2004 | 4.24% | 2.70% | 0.82x | 1.92x | NT$-335.24 Million |
| 2005 | 1.92% | 1.07% | 0.66x | 2.73x | NT$-458.75 Million |
| 2006 | 14.52% | 7.01% | 0.82x | 2.53x | NT$299.31 Million |
| 2007 | 18.40% | 9.65% | 0.75x | 2.54x | NT$666.75 Million |
| 2008 | 2.44% | 1.36% | 0.77x | 2.33x | NT$-546.40 Million |
| 2009 | -4.03% | -2.69% | 0.71x | 2.11x | NT$-1.01 Billion |
| 2010 | 1.80% | 1.06% | 0.77x | 2.20x | NT$-618.02 Million |
| 2011 | 4.58% | 3.18% | 0.74x | 1.95x | NT$-555.55 Million |
| 2012 | -5.46% | -4.25% | 0.65x | 1.99x | NT$-1.43 Billion |
| 2013 | 2.64% | 1.87% | 0.74x | 1.92x | NT$-692.14 Million |
| 2014 | 5.23% | 3.69% | 0.74x | 1.90x | NT$-467.91 Million |
| 2015 | 5.61% | 3.96% | 0.71x | 1.98x | NT$-426.96 Million |
| 2016 | -8.49% | -5.52% | 0.64x | 2.41x | NT$-1.52 Billion |
| 2017 | 7.11% | 3.72% | 0.81x | 2.37x | NT$-274.48 Million |
| 2018 | 6.65% | 3.36% | 0.88x | 2.25x | NT$-330.71 Million |
| 2019 | 15.34% | 7.74% | 0.90x | 2.21x | NT$603.78 Million |
| 2020 | -14.84% | -9.98% | 0.60x | 2.46x | NT$-2.40 Billion |
| 2021 | -2.55% | -1.79% | 0.59x | 2.43x | NT$-1.19 Billion |
| 2022 | 3.85% | 2.37% | 0.74x | 2.18x | NT$-659.11 Million |
| 2023 | -3.50% | -2.30% | 0.70x | 2.18x | NT$-1.33 Billion |
| 2024 | 12.52% | 8.57% | 0.79x | 1.84x | NT$319.83 Million |
Industry Comparison
This section compares Unitech Printed Circuit Board Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unitech Printed Circuit Board Corp (2367) | NT$12.20 Billion | 1.40% | 0.85x | $1.28 Billion |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About Unitech Printed Circuit Board Corp
Unitech Printed Circuit Board Corp. engages in the manufacture and sale of printed circuit boards (PCB) in Taiwan. The company offers multilayer, high-density interconnection (HDI), and rigid-flex PCBs, as well as high frequency laminates. Its products are used in smartphones, media tablets, smart wearable devices, commercial NB, GPS, POS, networking and communication, HPC, 5G, smart automotive, … Read more