TA-I Technology Co Ltd
TA-I Technology Co., Ltd. manufactures, processes, and trades in chip resistors in Taiwan and internationally. The company provides a range of chip resistors, including current sensing components, thick film, thin film, and anti-surge and anti-sulfurization products; surface mount and assembly; high voltage, array/network, surge, and lead free products; and other electronic parts and components, … Read more
TA-I Technology Co Ltd (2478) - Net Assets
Latest net assets as of September 2025: NT$6.85 Billion TWD
Based on the latest financial reports, TA-I Technology Co Ltd (2478) has net assets worth NT$6.85 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$9.80 Billion) and total liabilities (NT$2.96 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$6.85 Billion |
| % of Total Assets | 69.85% |
| Annual Growth Rate | 3.95% |
| 5-Year Change | 18.71% |
| 10-Year Change | 31.33% |
| Growth Volatility | 8.46 |
TA-I Technology Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how TA-I Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TA-I Technology Co Ltd (2003–2024)
The table below shows the annual net assets of TA-I Technology Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.97 Billion | +5.40% |
| 2023-12-31 | NT$6.62 Billion | +0.35% |
| 2022-12-31 | NT$6.59 Billion | +2.38% |
| 2021-12-31 | NT$6.44 Billion | +9.62% |
| 2020-12-31 | NT$5.87 Billion | +10.62% |
| 2019-12-31 | NT$5.31 Billion | -10.46% |
| 2018-12-31 | NT$5.93 Billion | +28.06% |
| 2017-12-31 | NT$4.63 Billion | +4.19% |
| 2016-12-31 | NT$4.44 Billion | -16.29% |
| 2015-12-31 | NT$5.31 Billion | +2.58% |
| 2014-12-31 | NT$5.18 Billion | +7.18% |
| 2013-12-31 | NT$4.83 Billion | +4.38% |
| 2012-12-31 | NT$4.63 Billion | -0.75% |
| 2011-12-31 | NT$4.66 Billion | +6.08% |
| 2010-12-31 | NT$4.39 Billion | +11.46% |
| 2009-12-31 | NT$3.94 Billion | +4.90% |
| 2008-12-31 | NT$3.76 Billion | -1.17% |
| 2007-12-31 | NT$3.80 Billion | +11.73% |
| 2006-12-31 | NT$3.40 Billion | +6.71% |
| 2005-12-31 | NT$3.19 Billion | +3.99% |
| 2004-12-31 | NT$3.07 Billion | -0.68% |
| 2003-12-31 | NT$3.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TA-I 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 grown by 622.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.86 Billion | 41.61% |
| Common Stock | NT$1.45 Billion | 21.09% |
| Other Components | NT$2.56 Billion | 37.30% |
| Total Equity | NT$6.86 Billion | 100.00% |
TA-I Technology Co Ltd Competitors by Market Cap
The table below lists competitors of TA-I Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock
NASDAQ:LANDP
|
$228.25 Million |
|
Amotiv Limited
TO:AOV
|
$228.26 Million |
|
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD
|
$228.28 Million |
|
Partron Co. Ltd
KQ:091700
|
$228.43 Million |
|
China Railway Harbin Group of Technology Corp. A
SHG:688459
|
$228.17 Million |
|
Shanxi Yongdong Chemistry Industry Co Ltd
SHE:002753
|
$228.12 Million |
|
Thonburi Healthcare Grp Pcl
BK:THG
|
$228.08 Million |
|
Huchems
KO:069260
|
$228.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TA-I Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,515,020,000 to 6,862,074,000, a change of 347,054,000 (5.3%).
- Net income of 453,634,000 contributed positively to equity growth.
- Dividend payments of 217,097,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,084,125,000.
- Other factors increased equity by 1,194,642,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$453.63 Million | +6.61% |
| Dividends Paid | NT$217.10 Million | -3.16% |
| Other Comprehensive Income | NT$-1.08 Billion | -15.8% |
| Other Changes | NT$1.19 Billion | +17.41% |
| Total Change | NT$- | 5.33% |
Book Value vs Market Value Analysis
This analysis compares TA-I 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: 1.51x
- 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 2.25x to 1.51x 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$31.47 | NT$70.90 | x |
| 2010-12-31 | NT$33.31 | NT$70.90 | x |
| 2011-12-31 | NT$34.82 | NT$70.90 | x |
| 2012-12-31 | NT$34.83 | NT$70.90 | x |
| 2013-12-31 | NT$36.44 | NT$70.90 | x |
| 2014-12-31 | NT$34.60 | NT$70.90 | x |
| 2015-12-31 | NT$38.22 | NT$70.90 | x |
| 2016-12-31 | NT$24.37 | NT$70.90 | x |
| 2017-12-31 | NT$32.75 | NT$70.90 | x |
| 2018-12-31 | NT$41.55 | NT$70.90 | x |
| 2019-12-31 | NT$36.54 | NT$70.90 | x |
| 2020-12-31 | NT$40.61 | NT$70.90 | x |
| 2021-12-31 | NT$43.85 | NT$70.90 | x |
| 2022-12-31 | NT$44.93 | NT$70.90 | x |
| 2023-12-31 | NT$44.70 | NT$70.90 | x |
| 2024-12-31 | NT$47.03 | NT$70.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TA-I Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.02%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.42x
- Recent ROE (6.61%) is below the historical average (7.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 9.77% | 20.85% | 0.40x | 1.16x | NT$-7.03 Million |
| 2004 | 6.49% | 12.13% | 0.44x | 1.21x | NT$-107.79 Million |
| 2005 | 7.70% | 13.02% | 0.50x | 1.19x | NT$-73.24 Million |
| 2006 | 8.87% | 13.69% | 0.53x | 1.23x | NT$-38.50 Million |
| 2007 | 5.92% | 7.93% | 0.54x | 1.39x | NT$-145.27 Million |
| 2008 | 5.27% | 7.31% | 0.55x | 1.31x | NT$-175.91 Million |
| 2009 | 7.93% | 10.30% | 0.60x | 1.29x | NT$-80.76 Million |
| 2010 | 12.29% | 13.52% | 0.61x | 1.48x | NT$99.52 Million |
| 2011 | 4.95% | 6.12% | 0.59x | 1.37x | NT$-232.50 Million |
| 2012 | 2.29% | 2.90% | 0.57x | 1.39x | NT$-351.83 Million |
| 2013 | 1.60% | 1.98% | 0.56x | 1.43x | NT$-400.11 Million |
| 2014 | 3.36% | 4.24% | 0.58x | 1.37x | NT$-338.94 Million |
| 2015 | 4.65% | 6.17% | 0.55x | 1.37x | NT$-280.52 Million |
| 2016 | 5.23% | 6.01% | 0.58x | 1.51x | NT$-208.70 Million |
| 2017 | 4.16% | 4.64% | 0.57x | 1.56x | NT$-266.26 Million |
| 2018 | 23.18% | 22.50% | 0.69x | 1.50x | NT$770.23 Million |
| 2019 | 7.41% | 8.59% | 0.58x | 1.48x | NT$-135.01 Million |
| 2020 | 11.44% | 12.26% | 0.59x | 1.58x | NT$83.30 Million |
| 2021 | 14.86% | 14.93% | 0.63x | 1.57x | NT$308.26 Million |
| 2022 | 9.60% | 12.41% | 0.55x | 1.41x | NT$-25.77 Million |
| 2023 | 5.68% | 8.05% | 0.48x | 1.46x | NT$-281.57 Million |
| 2024 | 6.61% | 9.02% | 0.52x | 1.42x | NT$-232.57 Million |
Industry Comparison
This section compares TA-I Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $187,867,240,100
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TA-I Technology Co Ltd (2478) | NT$6.85 Billion | 9.77% | 0.43x | $228.22 Million |
| Syncmold Enterprise Corp (1582) | $4.29 Billion | 16.99% | 0.69x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.39 Billion | 0.00% | 0.90x | $1.40 Billion |
| Delta Electronics Inc (2308) | $325.39 Billion | 20.88% | 0.97x | $80.57 Billion |
| Compeq Manufacturing Co Ltd (2313) | $14.23 Billion | 2.16% | 1.01x | $6.72 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $76.45 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $561.22 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $460.73 Million |
| Solomon Technology Corp (2359) | $5.33 Billion | 8.60% | 0.59x | $417.90 Million |
| Unitech Printed Circuit Board Corp (2367) | $8.30 Billion | -8.42% | 1.39x | $1.40 Billion |
| Gold Circuit Electronics Ltd (2368) | $7.17 Billion | 1.81% | 1.92x | $8.82 Billion |