Phihong Technology Co Ltd (2457) - Net Assets
Based on the latest financial reports, Phihong Technology Co Ltd (2457) has net assets worth NT$9.00 Billion TWD (≈ $283.47 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$15.43 Billion ≈ $486.23 Million USD) and total liabilities (NT$6.44 Billion ≈ $202.76 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 Phihong Technology Co Ltd (2457) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$9.00 Billion |
| % of Total Assets | 58.3% |
| Annual Growth Rate | 3.37% |
| 5-Year Change | 111.08% |
| 10-Year Change | 77.06% |
| Growth Volatility | 13.87 |
Phihong Technology Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Phihong Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Phihong Technology Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Phihong Technology Co Ltd (2002–2024)
The table below shows the annual net assets of Phihong Technology Co Ltd from 2002 to 2024. For live valuation and market cap data, see Phihong Technology Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.02 Billion ≈ $315.55 Million |
+6.55% |
| 2023-12-31 | NT$9.40 Billion ≈ $296.16 Million |
+51.24% |
| 2022-12-31 | NT$6.22 Billion ≈ $195.82 Million |
+6.48% |
| 2021-12-31 | NT$5.84 Billion ≈ $183.91 Million |
+23.02% |
| 2020-12-31 | NT$4.74 Billion ≈ $149.49 Million |
-3.45% |
| 2019-12-31 | NT$4.91 Billion ≈ $154.83 Million |
-3.47% |
| 2018-12-31 | NT$5.09 Billion ≈ $160.40 Million |
-5.29% |
| 2017-12-31 | NT$5.38 Billion ≈ $169.36 Million |
+8.06% |
| 2016-12-31 | NT$4.97 Billion ≈ $156.73 Million |
-12.06% |
| 2015-12-31 | NT$5.66 Billion ≈ $178.21 Million |
-9.80% |
| 2014-12-31 | NT$6.27 Billion ≈ $197.58 Million |
+5.81% |
| 2013-12-31 | NT$5.93 Billion ≈ $186.72 Million |
+0.86% |
| 2012-12-31 | NT$5.88 Billion ≈ $185.13 Million |
-12.16% |
| 2011-12-31 | NT$6.69 Billion ≈ $210.77 Million |
+7.51% |
| 2010-12-31 | NT$6.22 Billion ≈ $196.05 Million |
-8.34% |
| 2009-12-31 | NT$6.79 Billion ≈ $213.89 Million |
+13.32% |
| 2008-12-31 | NT$5.99 Billion ≈ $188.75 Million |
+1.15% |
| 2007-12-31 | NT$5.92 Billion ≈ $186.61 Million |
+13.57% |
| 2006-12-31 | NT$5.22 Billion ≈ $164.32 Million |
+7.28% |
| 2005-12-31 | NT$4.86 Billion ≈ $153.17 Million |
+14.68% |
| 2004-12-31 | NT$4.24 Billion ≈ $133.57 Million |
-7.50% |
| 2003-12-31 | NT$4.58 Billion ≈ $144.39 Million |
-5.05% |
| 2002-12-31 | NT$4.83 Billion ≈ $152.07 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Phihong 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 60.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$399.37 Million | 3.99% |
| Common Stock | NT$4.31 Billion | 43.05% |
| Other Comprehensive Income | NT$1.44 Billion | 14.37% |
| Other Components | NT$3.87 Billion | 38.59% |
| Total Equity | NT$10.02 Billion | 100.00% |
Phihong Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Phihong Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Médica Sur S.A.B. de C.V
MX:MEDICAB
|
$320.61 Million |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
$320.65 Million |
|
Orascom Development Holding AG
SW:ODHN
|
$320.65 Million |
|
Gran Tierra Energy Inc
TO:GTE
|
$320.71 Million |
|
Tianyu Ecology & Landscape Co
SHG:603717
|
$320.13 Million |
|
Pengana Private Equity Trust
AU:PE1
|
$320.11 Million |
|
RoadMain T Co Ltd
SHG:603860
|
$320.04 Million |
|
Favite Inc
TW:3535
|
$320.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phihong Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,409,919,000 to 10,015,631,000, a change of 605,712,000 (6.4%).
- Net income of 206,325,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 474,187,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$206.32 Million | +2.06% |
| Other Comprehensive Income | NT$474.19 Million | +4.73% |
| Other Changes | NT$-74.80 Million | -0.75% |
| Total Change | NT$- | 6.44% |
Book Value vs Market Value Analysis
This analysis compares Phihong 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: 1.03x
- 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 1.35x to 1.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$17.74 | NT$23.95 | x |
| 2010-12-31 | NT$18.00 | NT$23.95 | x |
| 2011-12-31 | NT$23.00 | NT$23.95 | x |
| 2012-12-31 | NT$20.56 | NT$23.95 | x |
| 2013-12-31 | NT$20.92 | NT$23.95 | x |
| 2014-12-31 | NT$19.11 | NT$23.95 | x |
| 2015-12-31 | NT$20.03 | NT$23.95 | x |
| 2016-12-31 | NT$17.95 | NT$23.95 | x |
| 2017-12-31 | NT$16.48 | NT$23.95 | x |
| 2018-12-31 | NT$15.10 | NT$23.95 | x |
| 2019-12-31 | NT$14.27 | NT$23.95 | x |
| 2020-12-31 | NT$13.77 | NT$23.95 | x |
| 2021-12-31 | NT$16.90 | NT$23.95 | x |
| 2022-12-31 | NT$16.22 | NT$23.95 | x |
| 2023-12-31 | NT$24.44 | NT$23.95 | x |
| 2024-12-31 | NT$23.19 | NT$23.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phihong 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): 2.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.89%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.50x
- Recent ROE (2.06%) is below the historical average (4.81%), 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 | 11.40% | 7.19% | 0.91x | 1.75x | NT$67.81 Million |
| 2003 | 6.50% | 3.77% | 0.78x | 2.21x | NT$-160.36 Million |
| 2004 | 3.34% | 1.45% | 1.03x | 2.22x | NT$-281.14 Million |
| 2005 | 10.33% | 4.49% | 1.21x | 1.91x | NT$15.80 Million |
| 2006 | 11.07% | 5.18% | 1.12x | 1.91x | NT$55.90 Million |
| 2007 | 9.59% | 4.00% | 1.33x | 1.80x | NT$-24.09 Million |
| 2008 | 5.96% | 2.68% | 1.32x | 1.69x | NT$-241.73 Million |
| 2009 | 17.26% | 9.28% | 1.16x | 1.61x | NT$492.77 Million |
| 2010 | 26.79% | 10.52% | 1.46x | 1.74x | NT$1.04 Billion |
| 2011 | 21.34% | 9.91% | 1.35x | 1.59x | NT$757.63 Million |
| 2012 | 5.26% | 2.61% | 1.24x | 1.63x | NT$-278.59 Million |
| 2013 | 2.57% | 1.26% | 1.17x | 1.74x | NT$-441.01 Million |
| 2014 | 2.35% | 1.19% | 1.09x | 1.82x | NT$-480.24 Million |
| 2015 | -8.97% | -4.57% | 0.97x | 2.02x | NT$-1.08 Billion |
| 2016 | -6.04% | -2.65% | 0.98x | 2.33x | NT$-799.76 Million |
| 2017 | 0.12% | 0.06% | 1.09x | 1.91x | NT$-531.82 Million |
| 2018 | -4.83% | -2.03% | 1.16x | 2.05x | NT$-756.66 Million |
| 2019 | -0.77% | -0.36% | 1.12x | 1.94x | NT$-530.52 Million |
| 2020 | -3.25% | -1.67% | 0.89x | 2.18x | NT$-629.99 Million |
| 2021 | -5.35% | -2.54% | 0.90x | 2.33x | NT$-897.22 Million |
| 2022 | 1.15% | 0.51% | 0.96x | 2.34x | NT$-551.18 Million |
| 2023 | 2.79% | 2.13% | 0.79x | 1.66x | NT$-678.44 Million |
| 2024 | 2.06% | 1.89% | 0.73x | 1.50x | NT$-795.24 Million |
Industry Comparison
This section compares Phihong Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,912,262,400
- Average return on equity (ROE) among peers: 4.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phihong Technology Co Ltd (2457) | NT$9.00 Billion | 11.40% | 0.72x | $320.51 Million |
| Shihlin Electric & Engineering Corp (1503) | $28.69 Billion | 7.01% | 0.72x | $3.11 Billion |
| Allis Electric Co Ltd (1514) | $2.18 Billion | 0.00% | 0.81x | $920.17 Million |
| Fortune Electric Co Ltd (1519) | $2.42 Billion | 9.14% | 1.69x | $8.84 Billion |
| Klingon Aerospace Inc (1529) | $1.88 Billion | 8.88% | 0.69x | $106.03 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $1.30 Billion | 2.54% | 1.20x | $318.00 Million |
| Chieftek Precision Co Ltd (1597) | $1.32 Billion | 5.36% | 0.73x | $394.51 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $7.29 Billion | -8.48% | 0.57x | $437.03 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $7.88 Billion | 5.93% | 1.34x | $794.28 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.92 Billion | 1.04% | 0.18x | $355.01 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.25 Billion | 13.75% | 0.92x | $283.16 Million |
About Phihong Technology Co Ltd
Phihong Technology Co., Ltd. operates as a power supply company in Taiwan. The company offers adapters, such as desktop adapter, fixed plug wall adapter, and interchangeable plug wall adapter; power-over-ethernet solutions, including PoE injector and splitter, media converter, and PoE to USB C; and medical open frame and medical adapter. It also provides battery charger solutions; open frame and … Read more