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$12.71 Billion TWD (≈ $400.53 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$25.81 Billion ≈ $813.08 Million USD) and total liabilities (NT$13.09 Billion ≈ $412.55 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 tangible net worth ratio of Unitech Printed Circuit Board Corp to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.71 Billion |
| % of Total Assets | 49.26% |
| Annual Growth Rate | 3.03% |
| 5-Year Change | 35.45% |
| 10-Year Change | 54.98% |
| Growth Volatility | 15.17 |
Unitech Printed Circuit Board Corp - Net Assets Trend (2000–2025)
This chart illustrates how Unitech Printed Circuit Board Corp's net assets have evolved over time, based on quarterly financial data. See 2367 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Unitech Printed Circuit Board Corp (2000–2025)
The table below shows the annual net assets of Unitech Printed Circuit Board Corp from 2000 to 2025. For live valuation and market cap data, see Unitech Printed Circuit Board Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$12.86 Billion ≈ $405.10 Million |
+1.41% |
| 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 2732.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.91 Billion | 14.87% |
| Common Stock | NT$7.06 Billion | 54.93% |
| Other Comprehensive Income | NT$398.86 Million | 3.10% |
| Other Components | NT$3.48 Billion | 27.10% |
| Total Equity | NT$12.86 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 |
|---|---|
|
Jungheinrich AG O.N.VZO
XETRA:JUN3
|
$1.36 Billion |
|
Global Ship Lease Inc
NYSE:GSL
|
$1.37 Billion |
|
Changzhou Zhongying Science & Technology Co. Ltd
SHE:300936
|
$1.37 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
$1.37 Billion |
|
Rami Levi
TA:RMLI
|
$1.36 Billion |
|
Tabcorp Holdings Ltd
AU:TAH
|
$1.36 Billion |
|
Bell AG
SW:BELL
|
$1.36 Billion |
|
American Axle & Manufacturing
NYSE:AXL
|
$1.36 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 2024 to 2025, total equity changed from 12,679,557,000 to 12,858,221,000, a change of 178,664,000 (1.4%).
- Net income of 484,450,000 contributed positively to equity growth.
- Dividend payments of 496,585,000 reduced retained earnings.
- Share repurchases of 76,289,000 reduced equity.
- Other comprehensive income increased equity by 295,602,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$484.45 Million | +3.77% |
| Dividends Paid | NT$496.58 Million | -3.86% |
| Share Repurchases | NT$76.29 Million | -0.59% |
| Other Comprehensive Income | NT$295.60 Million | +2.3% |
| Other Changes | NT$-28.51 Million | -0.22% |
| Total Change | NT$- | 1.41% |
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: 3.40x
- 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 4.24x to 3.40x 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$61.30 | x |
| 2010-12-31 | NT$15.42 | NT$61.30 | x |
| 2011-12-31 | NT$18.06 | NT$61.30 | x |
| 2012-12-31 | NT$15.51 | NT$61.30 | x |
| 2013-12-31 | NT$15.94 | NT$61.30 | x |
| 2014-12-31 | NT$16.65 | NT$61.30 | x |
| 2015-12-31 | NT$16.73 | NT$61.30 | x |
| 2016-12-31 | NT$14.45 | NT$61.30 | x |
| 2017-12-31 | NT$16.75 | NT$61.30 | x |
| 2018-12-31 | NT$15.70 | NT$61.30 | x |
| 2019-12-31 | NT$18.00 | NT$61.30 | x |
| 2020-12-31 | NT$15.42 | NT$61.30 | x |
| 2021-12-31 | NT$15.14 | NT$61.30 | x |
| 2022-12-31 | NT$16.77 | NT$61.30 | x |
| 2023-12-31 | NT$14.54 | NT$61.30 | x |
| 2024-12-31 | NT$18.83 | NT$61.30 | x |
| 2025-12-31 | NT$18.05 | NT$61.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unitech Printed Circuit Board Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.98%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.93x
- Recent ROE (3.77%) is above the historical average (3.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.40% | 1.12% | 0.62x | 2.00x | NT$-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$319.83 Million |
| 2025 | 3.77% | 2.98% | 0.66x | 1.93x | NT$-801.37 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: $94,021,037,300
- Average return on equity (ROE) among peers: 13.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unitech Printed Circuit Board Corp (2367) | NT$12.71 Billion | 1.40% | 1.03x | $1.36 Billion |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $426.35 Million |
| Fulltech Fiber Glass (1815) | $5.38 Billion | 0.00% | 1.68x | $1.61 Billion |
| Delta Electronics Inc (2308) | $129.01 Billion | 14.57% | 0.82x | $175.95 Billion |
| Compeq Manufacturing Co Ltd (2313) | $38.72 Billion | 20.67% | 1.06x | $9.74 Billion |
| WUS Printed Circuit Co Ltd (2316) | $10.22 Billion | 46.26% | 0.48x | $1.17 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $682.97 Billion | 13.86% | 2.00x | $118.11 Billion |
| Yageo Corp (2327) | $41.20 Billion | 8.21% | 0.71x | $70.52 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $872.06 Million |
| Chin-Poon Industrial Co Ltd (2355) | $5.71 Billion | 0.00% | 0.33x | $725.10 Million |
| Solomon Technology Corp (2359) | $4.99 Billion | 6.38% | 0.26x | $723.48 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