Tyntek Corp (2426) - Net Assets
Based on the latest financial reports, Tyntek Corp (2426) has net assets worth NT$3.77 Billion TWD (≈ $118.85 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$4.75 Billion ≈ $149.50 Million USD) and total liabilities (NT$972.75 Million ≈ $30.65 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 asset allocation strategy of Tyntek Corp to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.77 Billion |
| % of Total Assets | 79.5% |
| Annual Growth Rate | 3.3% |
| 5-Year Change | -2.2% |
| 10-Year Change | 6.83% |
| Growth Volatility | 14.79 |
Tyntek Corp - Net Assets Trend (2002–2024)
This chart illustrates how Tyntek Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Tyntek Corp (2426) total market value.
Annual Net Assets for Tyntek Corp (2002–2024)
The table below shows the annual net assets of Tyntek Corp from 2002 to 2024. Also explore Tyntek Corp annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.86 Billion ≈ $121.60 Million |
-0.55% |
| 2023-12-31 | NT$3.88 Billion ≈ $122.27 Million |
-2.87% |
| 2022-12-31 | NT$4.00 Billion ≈ $125.88 Million |
-11.14% |
| 2021-12-31 | NT$4.50 Billion ≈ $141.66 Million |
+13.94% |
| 2020-12-31 | NT$3.95 Billion ≈ $124.33 Million |
+6.04% |
| 2019-12-31 | NT$3.72 Billion ≈ $117.24 Million |
-13.61% |
| 2018-12-31 | NT$4.31 Billion ≈ $135.71 Million |
+13.59% |
| 2017-12-31 | NT$3.79 Billion ≈ $119.47 Million |
+7.68% |
| 2016-12-31 | NT$3.52 Billion ≈ $110.95 Million |
-2.52% |
| 2015-12-31 | NT$3.61 Billion ≈ $113.82 Million |
+23.87% |
| 2014-12-31 | NT$2.92 Billion ≈ $91.89 Million |
+15.22% |
| 2013-12-31 | NT$2.53 Billion ≈ $79.75 Million |
-24.92% |
| 2012-12-31 | NT$3.37 Billion ≈ $106.21 Million |
-20.45% |
| 2011-12-31 | NT$4.24 Billion ≈ $133.51 Million |
-11.45% |
| 2010-12-31 | NT$4.79 Billion ≈ $150.78 Million |
+2.79% |
| 2009-12-31 | NT$4.66 Billion ≈ $146.68 Million |
+22.85% |
| 2008-12-31 | NT$3.79 Billion ≈ $119.40 Million |
-7.95% |
| 2007-12-31 | NT$4.12 Billion ≈ $129.72 Million |
+22.83% |
| 2006-12-31 | NT$3.35 Billion ≈ $105.61 Million |
+13.50% |
| 2005-12-31 | NT$2.95 Billion ≈ $93.05 Million |
+31.60% |
| 2004-12-31 | NT$2.24 Billion ≈ $70.71 Million |
+10.78% |
| 2003-12-31 | NT$2.03 Billion ≈ $63.83 Million |
+7.34% |
| 2002-12-31 | NT$1.89 Billion ≈ $59.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tyntek Corp'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 477.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$631.05 Million | 16.35% |
| Common Stock | NT$3.01 Billion | 77.89% |
| Other Comprehensive Income | NT$-23.47 Million | -0.61% |
| Other Components | NT$245.68 Million | 6.37% |
| Total Equity | NT$3.86 Billion | 100.00% |
Tyntek Corp Competitors by Market Cap
The table below lists competitors of Tyntek Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
$945.68 Million |
|
Tianjin Silvery Dragon
SHG:603969
|
$945.94 Million |
|
Hanmi Financial Corporation
NASDAQ:HAFC
|
$946.11 Million |
|
Samsung Electro Mechanics Pref
KO:009155
|
$946.60 Million |
|
O-I Glass Inc
NYSE:OI
|
$945.01 Million |
|
Piraeus Port Authority S.A
AT:PPA
|
$945.00 Million |
|
Wutong Holding Group Co Ltd
SHE:300292
|
$944.41 Million |
|
Jiangsu Tongguang Electronic Wire&Cable Co Ltd
SHE:300265
|
$944.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tyntek Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,838,446,000 to 3,859,494,000, a change of 21,048,000 (0.5%).
- Net income of 62,889,000 contributed positively to equity growth.
- Dividend payments of 60,124,000 reduced retained earnings.
- Other comprehensive income decreased equity by 445,953,999.
- Other factors increased equity by 464,236,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$62.89 Million | +1.63% |
| Dividends Paid | NT$60.12 Million | -1.56% |
| Other Comprehensive Income | NT$-445.95 Million | -11.55% |
| Other Changes | NT$464.24 Million | +12.03% |
| Total Change | NT$- | 0.55% |
Book Value vs Market Value Analysis
This analysis compares Tyntek Corp'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: 7.78x
- 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 increased from 5.21x to 7.78x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$19.16 | NT$99.80 | x |
| 2010-12-31 | NT$18.75 | NT$99.80 | x |
| 2011-12-31 | NT$16.67 | NT$99.80 | x |
| 2012-12-31 | NT$13.68 | NT$99.80 | x |
| 2013-12-31 | NT$10.33 | NT$99.80 | x |
| 2014-12-31 | NT$11.95 | NT$99.80 | x |
| 2015-12-31 | NT$12.25 | NT$99.80 | x |
| 2016-12-31 | NT$11.54 | NT$99.80 | x |
| 2017-12-31 | NT$11.69 | NT$99.80 | x |
| 2018-12-31 | NT$12.81 | NT$99.80 | x |
| 2019-12-31 | NT$12.22 | NT$99.80 | x |
| 2020-12-31 | NT$12.96 | NT$99.80 | x |
| 2021-12-31 | NT$14.71 | NT$99.80 | x |
| 2022-12-31 | NT$13.17 | NT$99.80 | x |
| 2023-12-31 | NT$12.77 | NT$99.80 | x |
| 2024-12-31 | NT$12.82 | NT$99.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tyntek Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.63%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.29x
- Recent ROE (1.63%) is below the historical average (2.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.09% | 4.85% | 0.46x | 1.83x | NT$-111.45 Million |
| 2003 | 7.39% | 7.97% | 0.51x | 1.83x | NT$-52.92 Million |
| 2004 | 11.25% | 11.81% | 0.57x | 1.66x | NT$28.12 Million |
| 2005 | 6.04% | 7.00% | 0.57x | 1.50x | NT$-114.38 Million |
| 2006 | 13.23% | 13.68% | 0.64x | 1.50x | NT$104.97 Million |
| 2007 | 11.61% | 10.36% | 0.73x | 1.53x | NT$62.00 Million |
| 2009 | 2.50% | 2.95% | 0.53x | 1.61x | NT$-317.17 Million |
| 2010 | 3.41% | 2.67% | 0.79x | 1.63x | NT$-292.68 Million |
| 2011 | -4.06% | -4.11% | 0.57x | 1.74x | NT$-566.53 Million |
| 2012 | -21.51% | -21.11% | 0.52x | 1.95x | NT$-1.03 Billion |
| 2013 | -39.61% | -23.67% | 0.77x | 2.18x | NT$-1.23 Billion |
| 2014 | 12.41% | 7.37% | 0.93x | 1.81x | NT$68.82 Million |
| 2015 | 9.27% | 9.28% | 0.71x | 1.41x | NT$-25.92 Million |
| 2016 | 7.59% | 8.50% | 0.63x | 1.43x | NT$-84.45 Million |
| 2017 | 5.56% | 6.29% | 0.47x | 1.88x | NT$-157.04 Million |
| 2018 | 13.85% | 17.76% | 0.47x | 1.66x | NT$149.46 Million |
| 2019 | 4.88% | 7.14% | 0.40x | 1.69x | NT$-188.90 Million |
| 2020 | 7.79% | 12.54% | 0.39x | 1.59x | NT$-86.39 Million |
| 2021 | 16.26% | 22.91% | 0.50x | 1.42x | NT$279.06 Million |
| 2022 | -4.66% | -7.62% | 0.45x | 1.37x | NT$-580.43 Million |
| 2023 | -3.44% | -5.82% | 0.42x | 1.39x | NT$-515.80 Million |
| 2024 | 1.63% | 2.63% | 0.48x | 1.29x | NT$-323.06 Million |
Industry Comparison
This section compares Tyntek Corp's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $133,131,553,800
- Average return on equity (ROE) among peers: 5.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tyntek Corp (2426) | NT$3.77 Billion | 4.09% | 0.26x | $945.23 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $16.53 Million |
| United Microelectronics Corporation (2303) | $361.41 Billion | 16.88% | 0.55x | $56.24 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.77 Billion | 0.00% | 3.01x | $883.36 Million |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $834.11 Billion | 22.06% | 0.51x | $1.94 Trillion |
| Macronix International Co Ltd (2337) | $36.41 Billion | 12.78% | 0.24x | $7.42 Billion |
| Optotech Corp (2340) | $8.50 Billion | 3.62% | 0.47x | $456.62 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $201.25 Million |
| Winbond Electronics Corp (2344) | $38.25 Billion | -19.25% | 0.98x | $23.96 Billion |
| Silicon Integrated Systems Corp (2363) | $18.41 Billion | 4.28% | 0.11x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $21.86 Billion | 15.52% | 1.39x | $11.63 Billion |
About Tyntek Corp
Tyntek Corporation provides silicon and compound semiconductor components. The company offers visible LED, infrared LED, InGaAs/InP, and GaP/GaP regulator chip. It also provides SI products, such as Si submount, resistor, zener diode, ambient sensor, phototransistor, photo-diode, and photovoltaic generator and MEMS. In addition, the company offers optical fiber communication component products, i… Read more