Sunplus Technology Co Ltd (2401) - Net Assets
Based on the latest financial reports, Sunplus Technology Co Ltd (2401) has net assets worth NT$10.48 Billion TWD (≈ $330.12 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$13.70 Billion ≈ $431.60 Million USD) and total liabilities (NT$3.22 Billion ≈ $101.48 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 2401 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 2401 total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Sunplus Technology Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$11.03 Billion ≈ $347.51 Million |
+2.14% |
| 2023-12-31 | NT$10.80 Billion ≈ $340.24 Million |
-7.97% |
| 2022-12-31 | NT$11.73 Billion ≈ $369.71 Million |
-6.71% |
| 2021-12-31 | NT$12.58 Billion ≈ $396.31 Million |
+25.55% |
| 2020-12-31 | NT$10.02 Billion ≈ $315.65 Million |
+4.66% |
| 2019-12-31 | NT$9.57 Billion ≈ $301.59 Million |
-2.99% |
| 2018-12-31 | NT$9.87 Billion ≈ $310.88 Million |
-7.29% |
| 2017-12-31 | NT$10.64 Billion ≈ $335.32 Million |
-0.42% |
| 2016-12-31 | NT$10.69 Billion ≈ $336.74 Million |
-4.78% |
| 2015-12-31 | NT$11.23 Billion ≈ $353.66 Million |
+2.75% |
| 2014-12-31 | NT$10.92 Billion ≈ $344.20 Million |
+5.40% |
| 2013-12-31 | NT$10.37 Billion ≈ $326.57 Million |
-7.68% |
| 2012-12-31 | NT$11.23 Billion ≈ $353.73 Million |
+5.28% |
| 2011-12-31 | NT$10.66 Billion ≈ $336.00 Million |
-25.29% |
| 2010-12-31 | NT$14.28 Billion ≈ $449.76 Million |
+9.31% |
| 2009-12-31 | NT$13.06 Billion ≈ $411.46 Million |
+4.15% |
| 2008-12-31 | NT$12.54 Billion ≈ $395.06 Million |
-10.73% |
| 2007-12-31 | NT$14.05 Billion ≈ $442.55 Million |
-22.06% |
| 2006-12-31 | NT$18.02 Billion ≈ $567.84 Million |
+0.41% |
| 2005-12-31 | NT$17.95 Billion ≈ $565.53 Million |
+17.60% |
| 2004-12-31 | NT$15.26 Billion ≈ $480.90 Million |
+8.80% |
| 2003-12-31 | NT$14.03 Billion ≈ $442.01 Million |
+5.54% |
| 2002-12-31 | NT$13.29 Billion ≈ $418.82 Million |
+10.23% |
| 2001-12-31 | NT$12.06 Billion ≈ $379.96 Million |
+68.96% |
| 2000-12-31 | NT$7.14 Billion ≈ $224.88 Million |
-- |
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 |
|---|---|
|
Longxing Chemical Stock Co Ltd
SHE:002442
|
$469.13 Million |
|
Shenzhen Hifuture Electric
SHE:002168
|
$469.32 Million |
|
Canopy Growth Corp
NASDAQ:CGC
|
$469.33 Million |
|
Beijing Succeeder Technology Inc
SHG:688338
|
$469.38 Million |
|
Ability Opto-Electronics Technology Co Ltd
TWO:3362
|
$468.98 Million |
|
SuZhou ChunXing Precision Mechanical Co Ltd
SHE:002547
|
$468.80 Million |
|
Lion Travel Service Co Ltd
TW:2731
|
$468.73 Million |
|
Zhejiang Xinchai Co. Ltd.
SHE:301032
|
$468.59 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: 1.73x
- 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 0.89x to 1.73x 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$25.30 | x |
| 2006-12-31 | NT$29.57 | NT$25.30 | x |
| 2007-12-31 | NT$20.94 | NT$25.30 | x |
| 2008-12-31 | NT$18.46 | NT$25.30 | x |
| 2009-12-31 | NT$20.80 | NT$25.30 | x |
| 2010-12-31 | NT$21.35 | NT$25.30 | x |
| 2011-12-31 | NT$15.36 | NT$25.30 | x |
| 2012-12-31 | NT$16.42 | NT$25.30 | x |
| 2013-12-31 | NT$14.92 | NT$25.30 | x |
| 2014-12-31 | NT$15.85 | NT$25.30 | x |
| 2015-12-31 | NT$16.18 | NT$25.30 | x |
| 2016-12-31 | NT$15.33 | NT$25.30 | x |
| 2017-12-31 | NT$15.23 | NT$25.30 | x |
| 2018-12-31 | NT$14.39 | NT$25.30 | x |
| 2019-12-31 | NT$13.90 | NT$25.30 | x |
| 2020-12-31 | NT$14.29 | NT$25.30 | x |
| 2021-12-31 | NT$17.19 | NT$25.30 | x |
| 2022-12-31 | NT$15.74 | NT$25.30 | x |
| 2023-12-31 | NT$14.42 | NT$25.30 | x |
| 2024-12-31 | NT$14.63 | NT$25.30 | 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: $128,941,530,120
- Average return on equity (ROE) among peers: 2.60%
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 | $469.03 Million |
| Polylite Taiwan Co Ltd (1813) | $821.74 Million | 0.82% | 0.38x | $18.07 Million |
| United Microelectronics Corporation (2303) | $114.53 Billion | 9.33% | 0.32x | $36.21 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $7.60 Billion | -3.50% | 0.91x | $1.24 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.02 Trillion | 24.87% | 0.46x | $1.87 Trillion |
| Macronix International Co Ltd (2337) | $44.57 Billion | 0.00% | 0.63x | $8.94 Billion |
| Optotech Corp (2340) | $7.17 Billion | 6.32% | 0.69x | $514.56 Million |
| Mosel Vitelic Inc (2342) | $4.22 Billion | -38.79% | 0.66x | $217.37 Million |
| Winbond Electronics Corp (2344) | $38.57 Billion | 9.21% | 0.73x | $15.17 Billion |
| Silicon Integrated Systems Corp (2363) | $7.33 Billion | -3.90% | 0.02x | $963.76 Million |
| Realtek Semiconductor Corp (2379) | $42.24 Billion | 21.67% | 1.22x | $9.61 Billion |
About 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