Transcend Information Inc
Transcend Information, Inc., together with its subsidiaries, engages in manufacturing, processing, and selling computer software and hardware, peripheral equipment, and other computer components in Taiwan, rest of Asia, the United States, Europe, and internationally. The company provides external hard drives, such as portable and desktop external hard drives, and accessories; and internal and por… Read more
Transcend Information Inc (2451) - Net Assets
Latest net assets as of December 2025: NT$23.02 Billion TWD
Based on the latest financial reports, Transcend Information Inc (2451) has net assets worth NT$23.02 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$26.23 Billion) and total liabilities (NT$3.21 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$23.02 Billion |
| % of Total Assets | 87.78% |
| Annual Growth Rate | 9.5% |
| 5-Year Change | 16.06% |
| 10-Year Change | 13.25% |
| Growth Volatility | 15.61 |
Transcend Information Inc - Net Assets Trend (2000–2025)
This chart illustrates how Transcend Information 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 Transcend Information Inc (2000–2025)
The table below shows the annual net assets of Transcend Information Inc from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$23.02 Billion | +16.13% |
| 2024-12-31 | NT$19.82 Billion | +2.88% |
| 2023-12-31 | NT$19.27 Billion | -1.44% |
| 2022-12-31 | NT$19.55 Billion | -1.43% |
| 2021-12-31 | NT$19.83 Billion | +6.23% |
| 2020-12-31 | NT$18.67 Billion | -3.79% |
| 2019-12-31 | NT$19.41 Billion | -2.87% |
| 2018-12-31 | NT$19.98 Billion | -2.53% |
| 2017-12-31 | NT$20.50 Billion | +0.84% |
| 2016-12-31 | NT$20.33 Billion | -0.85% |
| 2015-12-31 | NT$20.50 Billion | -1.05% |
| 2014-12-31 | NT$20.72 Billion | +4.51% |
| 2013-12-31 | NT$19.82 Billion | +2.26% |
| 2012-12-31 | NT$19.39 Billion | +1.89% |
| 2011-12-31 | NT$19.03 Billion | +11.92% |
| 2010-12-31 | NT$17.00 Billion | -6.21% |
| 2009-12-31 | NT$18.13 Billion | +25.71% |
| 2008-12-31 | NT$14.42 Billion | +8.09% |
| 2007-12-31 | NT$13.34 Billion | +60.59% |
| 2006-12-31 | NT$8.31 Billion | +25.19% |
| 2005-12-31 | NT$6.64 Billion | +15.01% |
| 2004-12-31 | NT$5.77 Billion | +32.15% |
| 2003-12-31 | NT$4.37 Billion | +21.13% |
| 2002-12-31 | NT$3.60 Billion | +38.15% |
| 2001-12-31 | NT$2.61 Billion | +9.59% |
| 2000-12-31 | NT$2.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Transcend Information 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 1199.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$10.23 Billion | 44.44% |
| Common Stock | NT$4.31 Billion | 18.71% |
| Other Comprehensive Income | NT$5.79 Billion | 25.16% |
| Other Components | NT$2.69 Billion | 11.69% |
| Total Equity | NT$23.02 Billion | 100.00% |
Transcend Information Inc Competitors by Market Cap
The table below lists competitors of Transcend Information Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Veris Residential Inc
NYSE:VRE
|
$1.53 Billion |
|
XiaMen HongXin Electron-tech Co Ltd
SHE:300657
|
$1.53 Billion |
|
CSPC Innovation Pharmaceutical Co Ltd Class A
SHE:300765
|
$1.53 Billion |
|
Innoviva Inc
NASDAQ:INVA
|
$1.53 Billion |
|
Orora Ltd
AU:ORA
|
$1.53 Billion |
|
HSD Engine Co Ltd
KO:082740
|
$1.53 Billion |
|
Coats Group plc
PINK:CGGGF
|
$1.53 Billion |
|
Alphatec Holdings Inc
NASDAQ:ATEC
|
$1.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transcend Information Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,823,014,000 to 23,020,960,000, a change of 3,197,946,000 (16.1%).
- Net income of 5,567,815,000 contributed positively to equity growth.
- Dividend payments of 2,622,133,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,792,652,000.
- Other factors decreased equity by 5,540,388,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.57 Billion | +24.19% |
| Dividends Paid | NT$2.62 Billion | -11.39% |
| Other Comprehensive Income | NT$5.79 Billion | +25.16% |
| Other Changes | NT$-5.54 Billion | -24.07% |
| Total Change | NT$- | 16.13% |
Book Value vs Market Value Analysis
This analysis compares Transcend Information 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: 5.31x
- 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 13.10x to 5.31x 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$21.75 | NT$285.00 | x |
| 2007-12-31 | NT$33.20 | NT$285.00 | x |
| 2008-12-31 | NT$33.57 | NT$285.00 | x |
| 2009-12-31 | NT$42.51 | NT$285.00 | x |
| 2010-12-31 | NT$39.99 | NT$285.00 | x |
| 2011-12-31 | NT$44.51 | NT$285.00 | x |
| 2012-12-31 | NT$44.90 | NT$285.00 | x |
| 2013-12-31 | NT$45.92 | NT$285.00 | x |
| 2014-12-31 | NT$48.05 | NT$285.00 | x |
| 2015-12-31 | NT$47.54 | NT$285.00 | x |
| 2016-12-31 | NT$47.13 | NT$285.00 | x |
| 2017-12-31 | NT$47.52 | NT$285.00 | x |
| 2018-12-31 | NT$46.32 | NT$285.00 | x |
| 2019-12-31 | NT$45.01 | NT$285.00 | x |
| 2020-12-31 | NT$43.48 | NT$285.00 | x |
| 2021-12-31 | NT$46.18 | NT$285.00 | x |
| 2022-12-31 | NT$45.51 | NT$285.00 | x |
| 2023-12-31 | NT$44.87 | NT$285.00 | x |
| 2024-12-31 | NT$46.14 | NT$285.00 | x |
| 2025-12-31 | NT$53.67 | NT$285.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transcend Information 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): 24.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.51%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.14x
- Recent ROE (24.19%) is above the historical average (17.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 27.84% | 11.09% | 1.84x | 1.37x | NT$424.79 Million |
| 2001 | 18.55% | 9.35% | 1.38x | 1.44x | NT$223.07 Million |
| 2002 | 30.04% | 15.79% | 1.48x | 1.28x | NT$722.30 Million |
| 2003 | 32.72% | 14.44% | 1.45x | 1.56x | NT$991.90 Million |
| 2004 | 32.65% | 12.60% | 1.93x | 1.34x | NT$1.31 Billion |
| 2005 | 21.90% | 8.59% | 2.11x | 1.21x | NT$789.71 Million |
| 2006 | 29.27% | 9.29% | 2.06x | 1.53x | NT$1.60 Billion |
| 2007 | 20.24% | 7.13% | 2.11x | 1.34x | NT$1.37 Billion |
| 2008 | 15.58% | 6.53% | 1.86x | 1.28x | NT$805.07 Million |
| 2009 | 24.02% | 12.65% | 1.63x | 1.17x | NT$2.54 Billion |
| 2010 | 8.68% | 4.58% | 1.65x | 1.15x | NT$-224.78 Million |
| 2011 | 15.06% | 9.48% | 1.36x | 1.16x | NT$963.39 Million |
| 2012 | 14.68% | 10.85% | 1.09x | 1.24x | NT$906.72 Million |
| 2013 | 16.14% | 12.25% | 1.08x | 1.22x | NT$1.22 Billion |
| 2014 | 18.03% | 13.72% | 1.04x | 1.27x | NT$1.66 Billion |
| 2015 | 15.71% | 12.93% | 1.04x | 1.17x | NT$1.17 Billion |
| 2016 | 14.18% | 13.04% | 0.97x | 1.13x | NT$849.94 Million |
| 2017 | 12.96% | 12.67% | 0.92x | 1.11x | NT$605.89 Million |
| 2018 | 10.42% | 11.82% | 0.81x | 1.09x | NT$83.96 Million |
| 2019 | 8.91% | 12.81% | 0.64x | 1.09x | NT$-211.72 Million |
| 2020 | 6.41% | 10.46% | 0.55x | 1.11x | NT$-669.47 Million |
| 2021 | 12.77% | 17.70% | 0.64x | 1.13x | NT$549.81 Million |
| 2022 | 12.55% | 20.25% | 0.56x | 1.10x | NT$499.29 Million |
| 2023 | 10.30% | 18.91% | 0.47x | 1.16x | NT$57.96 Million |
| 2024 | 11.68% | 22.95% | 0.47x | 1.08x | NT$332.13 Million |
| 2025 | 24.19% | 32.51% | 0.65x | 1.14x | NT$3.27 Billion |
Industry Comparison
This section compares Transcend Information Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transcend Information Inc (2451) | NT$23.02 Billion | 27.84% | 0.14x | $1.53 Billion |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |