Ichia Technologies Inc (2402) - Net Assets
Based on the latest financial reports, Ichia Technologies Inc (2402) has net assets worth NT$6.03 Billion TWD (≈ $190.08 Million USD) 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 ≈ $396.75 Million USD) and total liabilities (NT$6.56 Billion ≈ $206.67 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 Ichia Technologies Inc (2402) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Ichia Technologies Inc total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Ichia Technologies Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.99 Billion ≈ $220.36 Million |
+12.69% |
| 2023-12-31 | NT$6.21 Billion ≈ $195.54 Million |
+2.23% |
| 2022-12-31 | NT$6.07 Billion ≈ $191.28 Million |
+5.92% |
| 2021-12-31 | NT$5.73 Billion ≈ $180.60 Million |
+0.50% |
| 2020-12-31 | NT$5.70 Billion ≈ $179.69 Million |
-2.64% |
| 2019-12-31 | NT$5.86 Billion ≈ $184.57 Million |
-2.11% |
| 2018-12-31 | NT$5.98 Billion ≈ $188.54 Million |
+1.60% |
| 2017-12-31 | NT$5.89 Billion ≈ $185.57 Million |
-7.52% |
| 2016-12-31 | NT$6.37 Billion ≈ $200.66 Million |
-8.50% |
| 2015-12-31 | NT$6.96 Billion ≈ $219.29 Million |
-12.60% |
| 2014-12-31 | NT$7.96 Billion ≈ $250.92 Million |
+21.04% |
| 2013-12-31 | NT$6.58 Billion ≈ $207.31 Million |
+6.75% |
| 2012-12-31 | NT$6.16 Billion ≈ $194.19 Million |
-0.54% |
| 2011-12-31 | NT$6.20 Billion ≈ $195.26 Million |
+8.47% |
| 2010-12-31 | NT$5.71 Billion ≈ $180.01 Million |
-7.52% |
| 2009-12-31 | NT$6.18 Billion ≈ $194.65 Million |
+1.82% |
| 2008-12-31 | NT$6.07 Billion ≈ $191.16 Million |
-5.44% |
| 2007-12-31 | NT$6.42 Billion ≈ $202.17 Million |
-2.13% |
| 2006-12-31 | NT$6.56 Billion ≈ $206.57 Million |
+25.69% |
| 2005-12-31 | NT$5.22 Billion ≈ $164.35 Million |
-4.37% |
| 2004-12-31 | NT$5.46 Billion ≈ $171.87 Million |
+37.33% |
| 2003-12-31 | NT$3.97 Billion ≈ $125.15 Million |
-- |
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 |
|---|---|
|
President Bakery Public Company Limited
BK:PB
|
$680.27 Million |
|
Marimaca Copper Corp
TO:MARI
|
$680.62 Million |
|
YIT Oyj
HE:YIT
|
$680.86 Million |
|
SungEel HiTech Co. Ltd.
KQ:365340
|
$680.91 Million |
|
Beijing ConST Instruments Technology Inc
SHE:300445
|
$680.14 Million |
|
Utz Brands Inc
NYSE:UTZ
|
$679.95 Million |
|
Harbin Jiuzhou Electrical Co Ltd
SHE:300040
|
$679.77 Million |
|
Jinhe Biotechnology Co Ltd
SHE:002688
|
$679.74 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: 3.05x
- 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 4.17x to 3.05x 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$70.20 | x |
| 2007-12-31 | NT$17.67 | NT$70.20 | x |
| 2008-12-31 | NT$17.02 | NT$70.20 | x |
| 2009-12-31 | NT$18.48 | NT$70.20 | x |
| 2010-12-31 | NT$17.79 | NT$70.20 | x |
| 2011-12-31 | NT$18.92 | NT$70.20 | x |
| 2012-12-31 | NT$18.56 | NT$70.20 | x |
| 2013-12-31 | NT$19.73 | NT$70.20 | x |
| 2014-12-31 | NT$22.83 | NT$70.20 | x |
| 2015-12-31 | NT$21.27 | NT$70.20 | x |
| 2016-12-31 | NT$20.68 | NT$70.20 | x |
| 2017-12-31 | NT$19.17 | NT$70.20 | x |
| 2018-12-31 | NT$19.43 | NT$70.20 | x |
| 2019-12-31 | NT$19.00 | NT$70.20 | x |
| 2020-12-31 | NT$18.73 | NT$70.20 | x |
| 2021-12-31 | NT$19.24 | NT$70.20 | x |
| 2022-12-31 | NT$20.35 | NT$70.20 | x |
| 2023-12-31 | NT$20.77 | NT$70.20 | x |
| 2024-12-31 | NT$23.04 | NT$70.20 | 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: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
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 | $680.17 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About 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