Fortune Information Systems Corp
Fortune Information Systems Corp engages in buying, selling, leasing, and repairing office machines, office automation equipment, computers, and other information equipment in Taiwan. The company is involved in buying, selling, leasing, and repairing computer peripherals, microfilm equipment, devices, and parts, accessories, and supplies; system analysis and programming of computer and other info… Read more
Fortune Information Systems Corp (2468) - Net Assets
Latest net assets as of September 2025: NT$1.24 Billion TWD
Based on the latest financial reports, Fortune Information Systems Corp (2468) has net assets worth NT$1.24 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.37 Billion) and total liabilities (NT$1.12 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$1.24 Billion |
| % of Total Assets | 52.52% |
| Annual Growth Rate | 1.15% |
| 5-Year Change | 10.28% |
| 10-Year Change | 12.75% |
| Growth Volatility | 3.97 |
Fortune Information Systems Corp - Net Assets Trend (2002–2024)
This chart illustrates how Fortune Information Systems Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fortune Information Systems Corp (2002–2024)
The table below shows the annual net assets of Fortune Information Systems Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.26 Billion | +1.74% |
| 2023-12-31 | NT$1.23 Billion | +2.97% |
| 2022-12-31 | NT$1.20 Billion | +4.29% |
| 2021-12-31 | NT$1.15 Billion | +0.94% |
| 2020-12-31 | NT$1.14 Billion | -0.02% |
| 2019-12-31 | NT$1.14 Billion | +0.82% |
| 2018-12-31 | NT$1.13 Billion | +1.01% |
| 2017-12-31 | NT$1.12 Billion | -0.22% |
| 2016-12-31 | NT$1.12 Billion | +0.63% |
| 2015-12-31 | NT$1.11 Billion | +1.23% |
| 2014-12-31 | NT$1.10 Billion | +2.13% |
| 2013-12-31 | NT$1.08 Billion | +1.45% |
| 2012-12-31 | NT$1.06 Billion | -3.01% |
| 2011-12-31 | NT$1.09 Billion | -1.14% |
| 2010-12-31 | NT$1.11 Billion | -1.32% |
| 2009-12-31 | NT$1.12 Billion | -0.16% |
| 2008-12-31 | NT$1.12 Billion | -4.46% |
| 2007-12-31 | NT$1.18 Billion | +9.64% |
| 2006-12-31 | NT$1.07 Billion | +2.98% |
| 2005-12-31 | NT$1.04 Billion | +12.86% |
| 2004-12-31 | NT$922.80 Million | +0.72% |
| 2003-12-31 | NT$916.18 Million | -6.20% |
| 2002-12-31 | NT$976.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fortune Information Systems 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 203.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$298.17 Million | 23.76% |
| Other Components | NT$956.93 Million | 76.24% |
| Total Equity | NT$1.26 Billion | 100.00% |
Fortune Information Systems Corp Competitors by Market Cap
The table below lists competitors of Fortune Information Systems Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Australian Strategic Materials Ltd
PINK:ASMMF
|
$42.43 Million |
|
0FUW
LSE:0FUW
|
$42.43 Million |
|
Daewon Media Co. Ltd
KQ:048910
|
$42.44 Million |
|
Mid-Southern Bancorp Inc
PINK:MSVB
|
$42.45 Million |
|
Mifflinburg Bancorp Inc
PINK:MIFF
|
$42.41 Million |
|
Bioton S.A.
WAR:BIO
|
$42.39 Million |
|
Arctic Paper SA
WAR:ATC
|
$42.39 Million |
|
Nabaltec AG
F:NTG
|
$42.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fortune Information Systems Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,233,621,000 to 1,255,096,000, a change of 21,475,000 (1.7%).
- Net income of 66,865,000 contributed positively to equity growth.
- Dividend payments of 55,969,000 reduced retained earnings.
- Other comprehensive income decreased equity by 182,150,000.
- Other factors increased equity by 192,729,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$66.86 Million | +5.33% |
| Dividends Paid | NT$55.97 Million | -4.46% |
| Other Comprehensive Income | NT$-182.15 Million | -14.51% |
| Other Changes | NT$192.73 Million | +15.36% |
| Total Change | NT$- | 1.74% |
Book Value vs Market Value Analysis
This analysis compares Fortune Information Systems 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: 2.15x
- 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 2.48x to 2.15x 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$15.54 | NT$38.50 | x |
| 2010-12-31 | NT$15.63 | NT$38.50 | x |
| 2011-12-31 | NT$15.46 | NT$38.50 | x |
| 2012-12-31 | NT$15.12 | NT$38.50 | x |
| 2013-12-31 | NT$15.34 | NT$38.50 | x |
| 2014-12-31 | NT$15.65 | NT$38.50 | x |
| 2015-12-31 | NT$15.79 | NT$38.50 | x |
| 2016-12-31 | NT$15.89 | NT$38.50 | x |
| 2017-12-31 | NT$15.91 | NT$38.50 | x |
| 2018-12-31 | NT$16.06 | NT$38.50 | x |
| 2019-12-31 | NT$16.19 | NT$38.50 | x |
| 2020-12-31 | NT$16.20 | NT$38.50 | x |
| 2021-12-31 | NT$16.35 | NT$38.50 | x |
| 2022-12-31 | NT$17.07 | NT$38.50 | x |
| 2023-12-31 | NT$17.57 | NT$38.50 | x |
| 2024-12-31 | NT$17.94 | NT$38.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fortune Information Systems Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.98%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.72x
- Recent ROE (5.33%) is above the historical average (5.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.24% | 1.51% | 1.78x | 2.33x | NT$-32.93 Million |
| 2003 | 4.29% | 1.06% | 1.58x | 2.56x | NT$-52.31 Million |
| 2004 | 3.13% | 0.84% | 1.84x | 2.03x | NT$-63.36 Million |
| 2005 | 4.67% | 1.43% | 1.76x | 1.85x | NT$-49.24 Million |
| 2006 | 9.77% | 4.76% | 1.23x | 1.66x | NT$-2.28 Million |
| 2007 | 14.63% | 9.02% | 1.11x | 1.47x | NT$52.29 Million |
| 2008 | 5.96% | 3.67% | 1.19x | 1.36x | NT$-44.38 Million |
| 2009 | 5.46% | 2.92% | 1.27x | 1.47x | NT$-50.00 Million |
| 2010 | 6.06% | 3.76% | 1.22x | 1.32x | NT$-43.65 Million |
| 2011 | 3.88% | 2.61% | 1.12x | 1.33x | NT$-66.96 Million |
| 2012 | 0.66% | 0.43% | 0.99x | 1.56x | NT$-99.12 Million |
| 2013 | 2.87% | 2.13% | 0.90x | 1.50x | NT$-76.77 Million |
| 2014 | 3.82% | 2.75% | 1.12x | 1.25x | NT$-67.92 Million |
| 2015 | 5.15% | 3.94% | 0.99x | 1.32x | NT$-54.00 Million |
| 2016 | 4.07% | 3.20% | 0.95x | 1.34x | NT$-66.45 Million |
| 2017 | 3.30% | 2.70% | 0.88x | 1.40x | NT$-74.86 Million |
| 2018 | 3.76% | 2.56% | 1.06x | 1.39x | NT$-70.42 Million |
| 2019 | 4.04% | 2.07% | 1.16x | 1.68x | NT$-67.89 Million |
| 2020 | 3.41% | 1.79% | 1.11x | 1.72x | NT$-75.03 Million |
| 2021 | 3.89% | 2.08% | 1.16x | 1.62x | NT$-70.19 Million |
| 2022 | 5.30% | 2.80% | 1.05x | 1.80x | NT$-56.28 Million |
| 2023 | 6.35% | 3.35% | 1.16x | 1.64x | NT$-44.98 Million |
| 2024 | 5.33% | 2.98% | 1.04x | 1.72x | NT$-58.64 Million |
Industry Comparison
This section compares Fortune Information Systems Corp's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,272,938,778
- Average return on equity (ROE) among peers: 11.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fortune Information Systems Corp (2468) | NT$1.24 Billion | 6.24% | 0.90x | $42.41 Million |
| Kwong Fong Industries Corp (1416) | $5.18 Billion | 4.34% | 0.46x | $51.52 Million |
| Syscom Computer Engineering Co (2453) | $1.66 Billion | 4.41% | 0.94x | $99.66 Million |
| Jetwell Computer Co Ltd (3147) | $1.27 Billion | 22.59% | 1.36x | $118.85 Million |
| Wistron Information Technology & Services (4953) | $2.80 Billion | 19.80% | 0.63x | $177.78 Million |
| Sysage Technology Co Ltd (6112) | $2.24 Billion | 12.66% | 1.60x | $121.74 Million |
| Systex Corp (6214) | $13.81 Billion | 8.79% | 0.92x | $521.95 Million |
| Genesis Technology (6221) | $740.28 Million | 9.23% | 1.57x | $62.73 Million |
| International Integrated Systems, Inc. (6614) | $1.21 Billion | 10.21% | 2.16x | $34.40 Million |
| Information Technology Total Services Co. Ltd (6697) | $547.69 Million | 13.23% | 0.55x | $15.23 Million |