Chicony Electronics Co Ltd
Chicony Electronics Co., Ltd. engages in the manufacture and sale of electronic parts and components in Taiwan and internationally. It offers input devices, including ergonomic, wired entry, wired multimedia, 2.4G wireless combo, Bluetooth, and smart card keyboards; mobile keyboards; and camera modules. The company also provides video image products, such as action cams, dash cams, outdoor IP cam… Read more
Chicony Electronics Co Ltd (2385) - Net Assets
Latest net assets as of September 2025: NT$48.66 Billion TWD
Based on the latest financial reports, Chicony Electronics Co Ltd (2385) has net assets worth NT$48.66 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$100.02 Billion) and total liabilities (NT$51.36 Billion). 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$48.66 Billion |
| % of Total Assets | 48.65% |
| Annual Growth Rate | 14.33% |
| 5-Year Change | 65.92% |
| 10-Year Change | 106.87% |
| Growth Volatility | 13.33 |
Chicony Electronics Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Chicony Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chicony Electronics Co Ltd (2000–2024)
The table below shows the annual net assets of Chicony Electronics Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$54.21 Billion | +17.30% |
| 2023-12-31 | NT$46.21 Billion | +9.15% |
| 2022-12-31 | NT$42.34 Billion | +17.50% |
| 2021-12-31 | NT$36.03 Billion | +10.29% |
| 2020-12-31 | NT$32.67 Billion | +2.44% |
| 2019-12-31 | NT$31.89 Billion | +13.17% |
| 2018-12-31 | NT$28.18 Billion | -0.33% |
| 2017-12-31 | NT$28.28 Billion | -0.87% |
| 2016-12-31 | NT$28.52 Billion | +8.86% |
| 2015-12-31 | NT$26.20 Billion | +1.46% |
| 2014-12-31 | NT$25.83 Billion | +6.27% |
| 2013-12-31 | NT$24.30 Billion | +28.64% |
| 2012-12-31 | NT$18.89 Billion | +2.83% |
| 2011-12-31 | NT$18.37 Billion | +20.43% |
| 2010-12-31 | NT$15.26 Billion | +16.71% |
| 2009-12-31 | NT$13.07 Billion | +50.79% |
| 2008-12-31 | NT$8.67 Billion | +7.00% |
| 2007-12-31 | NT$8.10 Billion | +17.41% |
| 2006-12-31 | NT$6.90 Billion | +28.46% |
| 2005-12-31 | NT$5.37 Billion | +24.77% |
| 2004-12-31 | NT$4.31 Billion | -8.62% |
| 2003-12-31 | NT$4.71 Billion | +34.67% |
| 2002-12-31 | NT$3.50 Billion | +22.61% |
| 2001-12-31 | NT$2.85 Billion | +30.94% |
| 2000-12-31 | NT$2.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chicony Electronics 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 2783798800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$27.84 Billion | 60.29% |
| Common Stock | NT$7.60 Billion | 16.46% |
| Other Comprehensive Income | NT$661.52 Million | 1.43% |
| Other Components | NT$10.07 Billion | 21.82% |
| Total Equity | NT$46.17 Billion | 100.00% |
Chicony Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Chicony Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Holitech Technology Co Ltd
SHE:002217
|
$2.16 Billion |
|
Longfor Group Holdings Limited
PINK:LNGPF
|
$2.16 Billion |
|
Big Yellow Group Plc
PINK:BYLOF
|
$2.16 Billion |
|
Sacyr S.A
F:VHM
|
$2.16 Billion |
|
Empyrean Technology Co. Ltd. A
SHE:301269
|
$2.16 Billion |
|
KEPCO Engineering & Construction
KO:052690
|
$2.16 Billion |
|
Whitehaven Coal Limited
PINK:WHITF
|
$2.16 Billion |
|
Shan XI Hua Yang Group New Energy Co Ltd
SHG:600348
|
$2.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chicony Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,074,156,000 to 46,174,462,000, a change of 7,100,306,000 (18.2%).
- Net income of 9,045,405,000 contributed positively to equity growth.
- Dividend payments of 5,675,982,000 reduced retained earnings.
- New share issuances of 585,848,000 increased equity.
- Other comprehensive income increased equity by 3,091,001,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$9.05 Billion | +19.59% |
| Dividends Paid | NT$5.68 Billion | -12.29% |
| Share Issuances | NT$585.85 Million | +1.27% |
| Other Comprehensive Income | NT$3.09 Billion | +6.69% |
| Other Changes | NT$54.03 Million | +0.12% |
| Total Change | NT$- | 18.17% |
Book Value vs Market Value Analysis
This analysis compares Chicony Electronics 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: 1.98x
- 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 12.00x to 1.98x 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$10.33 | NT$124.00 | x |
| 2007-12-31 | NT$12.34 | NT$124.00 | x |
| 2008-12-31 | NT$13.15 | NT$124.00 | x |
| 2009-12-31 | NT$18.79 | NT$124.00 | x |
| 2010-12-31 | NT$21.32 | NT$124.00 | x |
| 2011-12-31 | NT$25.19 | NT$124.00 | x |
| 2012-12-31 | NT$25.13 | NT$124.00 | x |
| 2013-12-31 | NT$31.03 | NT$124.00 | x |
| 2014-12-31 | NT$32.59 | NT$124.00 | x |
| 2015-12-31 | NT$32.67 | NT$124.00 | x |
| 2016-12-31 | NT$35.09 | NT$124.00 | x |
| 2017-12-31 | NT$34.38 | NT$124.00 | x |
| 2018-12-31 | NT$34.52 | NT$124.00 | x |
| 2019-12-31 | NT$38.89 | NT$124.00 | x |
| 2020-12-31 | NT$39.01 | NT$124.00 | x |
| 2021-12-31 | NT$42.34 | NT$124.00 | x |
| 2022-12-31 | NT$49.01 | NT$124.00 | x |
| 2023-12-31 | NT$53.59 | NT$124.00 | x |
| 2024-12-31 | NT$62.64 | NT$124.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chicony Electronics Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.91%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.28x
- Recent ROE (19.59%) is below the historical average (21.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.72% | 0.33% | 1.31x | 4.02x | NT$-158.83 Million |
| 2001 | 26.97% | 6.05% | 1.53x | 2.92x | NT$438.00 Million |
| 2002 | 29.84% | 6.91% | 1.85x | 2.34x | NT$684.69 Million |
| 2003 | 35.56% | 7.39% | 1.87x | 2.58x | NT$1.20 Billion |
| 2004 | 23.05% | 3.74% | 1.81x | 3.41x | NT$561.70 Million |
| 2005 | 12.66% | 2.05% | 1.62x | 3.82x | NT$126.92 Million |
| 2006 | 24.58% | 4.40% | 1.76x | 3.18x | NT$909.32 Million |
| 2007 | 35.04% | 6.56% | 1.74x | 3.08x | NT$1.92 Billion |
| 2008 | 34.97% | 5.99% | 1.72x | 3.40x | NT$2.07 Billion |
| 2009 | 27.70% | 6.17% | 1.63x | 2.76x | NT$2.13 Billion |
| 2010 | 26.11% | 6.04% | 1.65x | 2.63x | NT$2.25 Billion |
| 2011 | 24.69% | 6.85% | 1.42x | 2.55x | NT$2.47 Billion |
| 2012 | 22.79% | 5.69% | 1.47x | 2.73x | NT$2.16 Billion |
| 2013 | 18.00% | 5.07% | 1.46x | 2.42x | NT$1.68 Billion |
| 2014 | 18.44% | 5.09% | 1.41x | 2.58x | NT$1.87 Billion |
| 2015 | 17.20% | 4.77% | 1.37x | 2.64x | NT$1.61 Billion |
| 2016 | 14.62% | 4.58% | 1.20x | 2.66x | NT$1.12 Billion |
| 2017 | 16.90% | 5.15% | 1.16x | 2.83x | NT$1.64 Billion |
| 2018 | 14.91% | 4.11% | 1.27x | 2.86x | NT$1.18 Billion |
| 2019 | 21.41% | 6.31% | 1.30x | 2.62x | NT$3.11 Billion |
| 2020 | 19.68% | 5.75% | 1.26x | 2.72x | NT$2.69 Billion |
| 2021 | 20.21% | 5.73% | 1.28x | 2.75x | NT$3.11 Billion |
| 2022 | 20.53% | 6.32% | 1.33x | 2.44x | NT$3.75 Billion |
| 2023 | 19.10% | 7.59% | 1.08x | 2.32x | NT$3.56 Billion |
| 2024 | 19.59% | 8.91% | 0.96x | 2.28x | NT$4.43 Billion |
Industry Comparison
This section compares Chicony Electronics Co Ltd'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 |
|---|---|---|---|---|
| Chicony Electronics Co Ltd (2385) | NT$48.66 Billion | 1.72% | 1.06x | $2.16 Billion |
| 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 |