Ichia Technologies Inc
Ichia Technologies, Inc., together with its subsidiaries, manufactures, processes, and trades in components and materials for electronics, home appliances, electronical engineering, electrical equipment, communications, and computers in the United States, Europe, and Asia. The company offers conductive silicone elastomers, plastic keys, keyboard assemblies, input devices, and flexible printed cir… Read more
Ichia Technologies Inc (2402) - Net Assets
Latest net assets as of June 2025: NT$6.03 Billion TWD
Based on the latest financial reports, Ichia Technologies Inc (2402) has net assets worth NT$6.03 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$12.59 Billion) and total liabilities (NT$6.56 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$6.03 Billion |
| % of Total Assets | 47.91% |
| Annual Growth Rate | 2.73% |
| 5-Year Change | 22.63% |
| 10-Year Change | 0.49% |
| Growth Volatility | 11.94 |
Ichia Technologies Inc - Net Assets Trend (2003–2024)
This chart illustrates how Ichia Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ichia Technologies Inc (2003–2024)
The table below shows the annual net assets of Ichia Technologies Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.99 Billion | +12.69% |
| 2023-12-31 | NT$6.21 Billion | +2.23% |
| 2022-12-31 | NT$6.07 Billion | +5.92% |
| 2021-12-31 | NT$5.73 Billion | +0.50% |
| 2020-12-31 | NT$5.70 Billion | -2.64% |
| 2019-12-31 | NT$5.86 Billion | -2.11% |
| 2018-12-31 | NT$5.98 Billion | +1.60% |
| 2017-12-31 | NT$5.89 Billion | -7.52% |
| 2016-12-31 | NT$6.37 Billion | -8.50% |
| 2015-12-31 | NT$6.96 Billion | -12.60% |
| 2014-12-31 | NT$7.96 Billion | +21.04% |
| 2013-12-31 | NT$6.58 Billion | +6.75% |
| 2012-12-31 | NT$6.16 Billion | -0.54% |
| 2011-12-31 | NT$6.20 Billion | +8.47% |
| 2010-12-31 | NT$5.71 Billion | -7.52% |
| 2009-12-31 | NT$6.18 Billion | +1.82% |
| 2008-12-31 | NT$6.07 Billion | -5.44% |
| 2007-12-31 | NT$6.42 Billion | -2.13% |
| 2006-12-31 | NT$6.56 Billion | +25.69% |
| 2005-12-31 | NT$5.22 Billion | -4.37% |
| 2004-12-31 | NT$5.46 Billion | +37.33% |
| 2003-12-31 | NT$3.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ichia Technologies Inc'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 26.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$828.70 Million | 11.85% |
| Other Components | NT$6.17 Billion | 88.15% |
| Total Equity | NT$6.99 Billion | 100.00% |
Ichia Technologies Inc Competitors by Market Cap
The table below lists competitors of Ichia Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Timbercreek Financial Corp
PINK:TBCRF
|
$359.55 Million |
|
Der International Home Furnishing Co Ltd
SHE:002631
|
$359.59 Million |
|
Hunan Baili Engineering Sci
SHG:603959
|
$359.90 Million |
|
Thinking Electronic Industrial Co Ltd
TW:2428
|
$359.94 Million |
|
Laekna, Inc.
F:4U4
|
$359.35 Million |
|
Consolidated Communications
NASDAQ:CNSL
|
$359.25 Million |
|
Nederman Holding AB (publ)
PINK:NHOXF
|
$359.24 Million |
|
Actblue Co Ltd
SHE:300816
|
$359.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ichia Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,206,532,000 to 6,994,413,000, a change of 787,881,000 (12.7%).
- Net income of 711,214,000 contributed positively to equity growth.
- Dividend payments of 360,087,000 reduced retained earnings.
- Share repurchases of 169,000 reduced equity.
- New share issuances of 56,455,000 increased equity.
- Other comprehensive income decreased equity by 1,770,311,000.
- Other factors increased equity by 2,150,779,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$711.21 Million | +10.17% |
| Dividends Paid | NT$360.09 Million | -5.15% |
| Share Repurchases | NT$169.00K | -0.0% |
| Share Issuances | NT$56.45 Million | +0.81% |
| Other Comprehensive Income | NT$-1.77 Billion | -25.31% |
| Other Changes | NT$2.15 Billion | +30.75% |
| Total Change | NT$- | 12.69% |
Book Value vs Market Value Analysis
This analysis compares Ichia Technologies Inc'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: 2.23x
- 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 3.05x to 2.23x 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$16.85 | NT$51.30 | x |
| 2007-12-31 | NT$17.67 | NT$51.30 | x |
| 2008-12-31 | NT$17.02 | NT$51.30 | x |
| 2009-12-31 | NT$18.48 | NT$51.30 | x |
| 2010-12-31 | NT$17.79 | NT$51.30 | x |
| 2011-12-31 | NT$18.92 | NT$51.30 | x |
| 2012-12-31 | NT$18.56 | NT$51.30 | x |
| 2013-12-31 | NT$19.73 | NT$51.30 | x |
| 2014-12-31 | NT$22.83 | NT$51.30 | x |
| 2015-12-31 | NT$21.27 | NT$51.30 | x |
| 2016-12-31 | NT$20.68 | NT$51.30 | x |
| 2017-12-31 | NT$19.17 | NT$51.30 | x |
| 2018-12-31 | NT$19.43 | NT$51.30 | x |
| 2019-12-31 | NT$19.00 | NT$51.30 | x |
| 2020-12-31 | NT$18.73 | NT$51.30 | x |
| 2021-12-31 | NT$19.24 | NT$51.30 | x |
| 2022-12-31 | NT$20.35 | NT$51.30 | x |
| 2023-12-31 | NT$20.77 | NT$51.30 | x |
| 2024-12-31 | NT$23.04 | NT$51.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ichia Technologies Inc 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): 10.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.46%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.85x
- Recent ROE (10.17%) is above the historical average (5.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.33% | 16.29% | 0.55x | 1.83x | NT$251.35 Million |
| 2004 | 19.33% | 16.05% | 0.55x | 2.20x | NT$509.08 Million |
| 2006 | 15.59% | 11.37% | 0.75x | 1.84x | NT$338.50 Million |
| 2007 | 6.21% | 4.57% | 0.73x | 1.85x | NT$-226.33 Million |
| 2008 | -0.37% | -0.24% | 0.79x | 1.99x | NT$-594.04 Million |
| 2009 | 5.12% | 3.93% | 0.79x | 1.65x | NT$-289.75 Million |
| 2010 | 0.65% | 0.43% | 0.89x | 1.70x | NT$-534.37 Million |
| 2011 | 1.36% | 0.84% | 0.80x | 2.00x | NT$-535.40 Million |
| 2012 | 1.69% | 1.17% | 0.90x | 1.61x | NT$-512.32 Million |
| 2013 | 5.58% | 3.83% | 0.90x | 1.62x | NT$-290.52 Million |
| 2014 | 13.43% | 9.53% | 0.83x | 1.71x | NT$273.25 Million |
| 2015 | 0.77% | 0.72% | 0.65x | 1.63x | NT$-642.77 Million |
| 2016 | 0.47% | 0.50% | 0.59x | 1.61x | NT$-606.74 Million |
| 2017 | -5.07% | -4.16% | 0.70x | 1.74x | NT$-887.47 Million |
| 2018 | 2.42% | 2.01% | 0.75x | 1.62x | NT$-453.32 Million |
| 2019 | 3.87% | 3.69% | 0.72x | 1.45x | NT$-359.04 Million |
| 2020 | 2.11% | 2.18% | 0.58x | 1.66x | NT$-450.16 Million |
| 2021 | 3.89% | 3.44% | 0.71x | 1.58x | NT$-350.33 Million |
| 2022 | 5.89% | 4.67% | 0.78x | 1.62x | NT$-249.73 Million |
| 2023 | 7.50% | 5.43% | 0.85x | 1.63x | NT$-155.39 Million |
| 2024 | 10.17% | 7.46% | 0.74x | 1.85x | NT$11.77 Million |
Industry Comparison
This section compares Ichia Technologies Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ichia Technologies Inc (2402) | NT$6.03 Billion | 16.33% | 1.09x | $359.51 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |