Sunplus Technology Co Ltd
Sunplus Technology Company Limited focuses on the design and system integration of audio-visual platform chips primarily in Taiwan and Asia. The company offers digital audio-visual and intelligent acoustic chips for multimedia and automotive applications; IC solutions for multimedia and automotive applications, such as DVD player, portable DVD player, home entertainment audio products, and car in… Read more
Sunplus Technology Co Ltd (2401) - Net Assets
Latest net assets as of September 2025: NT$10.48 Billion TWD
Based on the latest financial reports, Sunplus Technology Co Ltd (2401) has net assets worth NT$10.48 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$13.70 Billion) and total liabilities (NT$3.22 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$10.48 Billion |
| % of Total Assets | 76.49% |
| Annual Growth Rate | 1.83% |
| 5-Year Change | 10.09% |
| 10-Year Change | -1.74% |
| Growth Volatility | 17.54 |
Sunplus Technology Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Sunplus Technology 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 Sunplus Technology Co Ltd (2000–2024)
The table below shows the annual net assets of Sunplus Technology Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$11.03 Billion | +2.14% |
| 2023-12-31 | NT$10.80 Billion | -7.97% |
| 2022-12-31 | NT$11.73 Billion | -6.71% |
| 2021-12-31 | NT$12.58 Billion | +25.55% |
| 2020-12-31 | NT$10.02 Billion | +4.66% |
| 2019-12-31 | NT$9.57 Billion | -2.99% |
| 2018-12-31 | NT$9.87 Billion | -7.29% |
| 2017-12-31 | NT$10.64 Billion | -0.42% |
| 2016-12-31 | NT$10.69 Billion | -4.78% |
| 2015-12-31 | NT$11.23 Billion | +2.75% |
| 2014-12-31 | NT$10.92 Billion | +5.40% |
| 2013-12-31 | NT$10.37 Billion | -7.68% |
| 2012-12-31 | NT$11.23 Billion | +5.28% |
| 2011-12-31 | NT$10.66 Billion | -25.29% |
| 2010-12-31 | NT$14.28 Billion | +9.31% |
| 2009-12-31 | NT$13.06 Billion | +4.15% |
| 2008-12-31 | NT$12.54 Billion | -10.73% |
| 2007-12-31 | NT$14.05 Billion | -22.06% |
| 2006-12-31 | NT$18.02 Billion | +0.41% |
| 2005-12-31 | NT$17.95 Billion | +17.60% |
| 2004-12-31 | NT$15.26 Billion | +8.80% |
| 2003-12-31 | NT$14.03 Billion | +5.54% |
| 2002-12-31 | NT$13.29 Billion | +10.23% |
| 2001-12-31 | NT$12.06 Billion | +68.96% |
| 2000-12-31 | NT$7.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunplus Technology 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 decreased by 105.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$5.92 Billion | 68.76% |
| Other Comprehensive Income | NT$1.75 Billion | 20.34% |
| Other Components | NT$1.09 Billion | 12.61% |
| Total Equity | NT$8.61 Billion | 100.00% |
Sunplus Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Sunplus Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lingsen Precision Industries Ltd
TW:2369
|
$285.76 Million |
|
Nusantara Sawit Sejahtera
JK:NSSS
|
$285.80 Million |
|
Beijing Century Real Tech
SHE:300150
|
$285.88 Million |
|
Nathans Famous Inc
NASDAQ:NATH
|
$285.97 Million |
|
Miquel y Costas & Miquel S.A.
MC:MCM
|
$285.65 Million |
|
Syncmold Enterprise Corp
TW:1582
|
$285.56 Million |
|
Marimaca Copper Corp.
OTCQX:MARIF
|
$285.49 Million |
|
Argosy Research
TWO:3217
|
$285.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunplus Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,485,219,000 to 8,609,181,000, a change of 123,962,000 (1.5%).
- Net income of 258,969,000 contributed positively to equity growth.
- Dividend payments of 250,978,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,875,039,000.
- Other factors decreased equity by 1,759,068,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$258.97 Million | +3.01% |
| Dividends Paid | NT$250.98 Million | -2.92% |
| Other Comprehensive Income | NT$1.88 Billion | +21.78% |
| Other Changes | NT$-1.76 Billion | -20.43% |
| Total Change | NT$- | 1.46% |
Book Value vs Market Value Analysis
This analysis compares Sunplus Technology 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: 1.40x
- 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 0.72x to 1.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | NT$28.52 | NT$20.45 | x |
| 2006-12-31 | NT$29.57 | NT$20.45 | x |
| 2007-12-31 | NT$20.94 | NT$20.45 | x |
| 2008-12-31 | NT$18.46 | NT$20.45 | x |
| 2009-12-31 | NT$20.80 | NT$20.45 | x |
| 2010-12-31 | NT$21.35 | NT$20.45 | x |
| 2011-12-31 | NT$15.36 | NT$20.45 | x |
| 2012-12-31 | NT$16.42 | NT$20.45 | x |
| 2013-12-31 | NT$14.92 | NT$20.45 | x |
| 2014-12-31 | NT$15.85 | NT$20.45 | x |
| 2015-12-31 | NT$16.18 | NT$20.45 | x |
| 2016-12-31 | NT$15.33 | NT$20.45 | x |
| 2017-12-31 | NT$15.23 | NT$20.45 | x |
| 2018-12-31 | NT$14.39 | NT$20.45 | x |
| 2019-12-31 | NT$13.90 | NT$20.45 | x |
| 2020-12-31 | NT$14.29 | NT$20.45 | x |
| 2021-12-31 | NT$17.19 | NT$20.45 | x |
| 2022-12-31 | NT$15.74 | NT$20.45 | x |
| 2023-12-31 | NT$14.42 | NT$20.45 | x |
| 2024-12-31 | NT$14.63 | NT$20.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunplus Technology 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): 3.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.02%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.67x
- Recent ROE (3.01%) is below the historical average (6.94%), 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 | 30.57% | 34.70% | 0.75x | 1.17x | NT$1.46 Billion |
| 2001 | 17.75% | 32.14% | 0.51x | 1.09x | NT$930.82 Million |
| 2002 | 15.87% | 24.29% | 0.59x | 1.10x | NT$778.63 Million |
| 2003 | 14.31% | 18.08% | 0.67x | 1.18x | NT$604.00 Million |
| 2004 | 17.94% | 14.45% | 1.05x | 1.19x | NT$1.21 Billion |
| 2005 | 15.00% | 8.86% | 1.01x | 1.67x | NT$799.45 Million |
| 2006 | 17.10% | 10.83% | 1.11x | 1.42x | NT$1.23 Billion |
| 2007 | 16.00% | 10.25% | 0.96x | 1.63x | NT$773.19 Million |
| 2008 | 0.08% | 0.05% | 0.92x | 1.61x | NT$-1.09 Billion |
| 2009 | 3.10% | 2.14% | 0.93x | 1.55x | NT$-849.54 Million |
| 2010 | 6.06% | 6.06% | 0.69x | 1.45x | NT$-502.68 Million |
| 2011 | -21.90% | -21.45% | 0.66x | 1.56x | NT$-2.89 Billion |
| 2012 | -7.01% | -7.86% | 0.55x | 1.61x | NT$-1.64 Billion |
| 2013 | 0.60% | 0.62% | 0.60x | 1.62x | NT$-824.90 Million |
| 2014 | 4.53% | 4.85% | 0.59x | 1.59x | NT$-509.95 Million |
| 2015 | 6.18% | 6.96% | 0.54x | 1.64x | NT$-363.65 Million |
| 2016 | 1.33% | 1.59% | 0.52x | 1.62x | NT$-782.24 Million |
| 2017 | 4.70% | 6.18% | 0.51x | 1.50x | NT$-475.17 Million |
| 2018 | 0.07% | 0.09% | 0.51x | 1.41x | NT$-840.98 Million |
| 2019 | 2.14% | 3.17% | 0.48x | 1.40x | NT$-643.10 Million |
| 2020 | 7.35% | 9.65% | 0.51x | 1.50x | NT$-222.55 Million |
| 2021 | 17.36% | 22.06% | 0.49x | 1.62x | NT$744.41 Million |
| 2022 | 7.24% | 10.00% | 0.45x | 1.62x | NT$-255.75 Million |
| 2023 | -5.81% | -8.91% | 0.40x | 1.64x | NT$-1.34 Billion |
| 2024 | 3.01% | 4.02% | 0.45x | 1.67x | NT$-601.95 Million |
Industry Comparison
This section compares Sunplus Technology Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $17,754,487,000
- Average return on equity (ROE) among peers: 2.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunplus Technology Co Ltd (2401) | NT$10.48 Billion | 30.57% | 0.31x | $285.70 Million |
| Polylite Taiwan Co Ltd (1813) | $770.86 Million | 1.45% | 0.36x | $10.86 Million |
| Orient Semiconductor Electronics Ltd (2329) | $8.97 Billion | 17.06% | 0.90x | $836.46 Million |
| Macronix International Co Ltd (2337) | $46.73 Billion | 25.60% | 0.64x | $5.52 Billion |
| Optotech Corp (2340) | $7.91 Billion | 10.80% | 0.37x | $289.13 Million |
| Mosel Vitelic Inc (2342) | $10.25 Billion | 0.00% | 1.33x | $99.75 Million |
| Winbond Electronics Corp (2344) | $34.66 Billion | -5.35% | 0.62x | $9.35 Billion |
| Silicon Integrated Systems Corp (2363) | $15.75 Billion | 0.00% | 0.20x | $583.18 Million |
| Realtek Semiconductor Corp (2379) | $24.65 Billion | 17.65% | 1.36x | $6.79 Billion |
| VIA Technologies Inc (2388) | $10.11 Billion | -48.86% | 0.88x | $403.24 Million |