TA-I Technology Co Ltd (2478) - Net Assets
Based on the latest financial reports, TA-I Technology Co Ltd (2478) has net assets worth NT$7.14 Billion TWD (≈ $224.94 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$10.19 Billion ≈ $321.09 Million USD) and total liabilities (NT$3.05 Billion ≈ $96.14 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 how resilient are TA-I Technology Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$7.14 Billion |
| % of Total Assets | 70.06% |
| Annual Growth Rate | 3.88% |
| 5-Year Change | 10.88% |
| 10-Year Change | 60.64% |
| Growth Volatility | 8.27 |
TA-I Technology Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how TA-I Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of TA-I Technology Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for TA-I Technology Co Ltd (2003–2025)
The table below shows the annual net assets of TA-I Technology Co Ltd from 2003 to 2025. For live valuation and market cap data, see TA-I Technology Co Ltd (2478) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$7.14 Billion ≈ $224.94 Million |
+2.39% |
| 2024-12-31 | NT$6.97 Billion ≈ $219.69 Million |
+5.40% |
| 2023-12-31 | NT$6.62 Billion ≈ $208.42 Million |
+0.35% |
| 2022-12-31 | NT$6.59 Billion ≈ $207.71 Million |
+2.38% |
| 2021-12-31 | NT$6.44 Billion ≈ $202.87 Million |
+9.62% |
| 2020-12-31 | NT$5.87 Billion ≈ $185.06 Million |
+10.62% |
| 2019-12-31 | NT$5.31 Billion ≈ $167.30 Million |
-10.46% |
| 2018-12-31 | NT$5.93 Billion ≈ $186.84 Million |
+28.06% |
| 2017-12-31 | NT$4.63 Billion ≈ $145.90 Million |
+4.19% |
| 2016-12-31 | NT$4.44 Billion ≈ $140.03 Million |
-16.29% |
| 2015-12-31 | NT$5.31 Billion ≈ $167.28 Million |
+2.58% |
| 2014-12-31 | NT$5.18 Billion ≈ $163.07 Million |
+7.18% |
| 2013-12-31 | NT$4.83 Billion ≈ $152.15 Million |
+4.38% |
| 2012-12-31 | NT$4.63 Billion ≈ $145.77 Million |
-0.75% |
| 2011-12-31 | NT$4.66 Billion ≈ $146.87 Million |
+6.08% |
| 2010-12-31 | NT$4.39 Billion ≈ $138.45 Million |
+11.46% |
| 2009-12-31 | NT$3.94 Billion ≈ $124.22 Million |
+4.90% |
| 2008-12-31 | NT$3.76 Billion ≈ $118.42 Million |
-1.17% |
| 2007-12-31 | NT$3.80 Billion ≈ $119.82 Million |
+11.73% |
| 2006-12-31 | NT$3.40 Billion ≈ $107.24 Million |
+6.71% |
| 2005-12-31 | NT$3.19 Billion ≈ $100.49 Million |
+3.99% |
| 2004-12-31 | NT$3.07 Billion ≈ $96.63 Million |
-0.68% |
| 2003-12-31 | NT$3.09 Billion ≈ $97.29 Million |
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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 696.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.15 Billion | 44.87% |
| Common Stock | NT$1.45 Billion | 20.64% |
| Other Comprehensive Income | NT$1.23 Billion | 17.56% |
| Other Components | NT$1.19 Billion | 16.93% |
| Total Equity | NT$7.01 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 |
|---|---|
|
Crowell Development Corp
TW:2528
|
$307.67 Million |
|
3I Group PLC
LSE:III
|
$307.70 Million |
|
Oneconnect Financial Technology Co
NYSE:OCFT
|
$307.70 Million |
|
Drugs Made In America Acquisition Corp. Units
NASDAQ:DMAAU
|
$307.76 Million |
|
Polestar Automotive Holding UK PLC Class C-1 ADS (ADW)
NASDAQ:PSNYW
|
$307.58 Million |
|
Fiverr International Ltd
F:11V
|
$307.56 Million |
|
Republic Digital Acquisition Company Class A Ordinary Shares
NASDAQ:RDAG
|
$307.50 Million |
|
Bunker Hill Mining Corp.
V:BNKR
|
$307.44 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 2024 to 2025, total equity changed from 6,862,074,000 to 7,013,387,000, a change of 151,313,000 (2.2%).
- Net income of 493,706,000 contributed positively to equity growth.
- Dividend payments of 259,498,000 reduced retained earnings.
- Share repurchases of 87,880,000 reduced equity.
- New share issuances of 7,245,000 increased equity.
- Other comprehensive income increased equity by 1,231,469,000.
- Other factors decreased equity by 1,233,729,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$493.71 Million | +7.04% |
| Dividends Paid | NT$259.50 Million | -3.7% |
| Share Repurchases | NT$87.88 Million | -1.25% |
| Share Issuances | NT$7.25 Million | +0.1% |
| Other Comprehensive Income | NT$1.23 Billion | +17.56% |
| Other Changes | NT$-1.23 Billion | -17.59% |
| Total Change | NT$- | 2.21% |
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: 1.41x
- 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 2.17x to 1.41x 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$68.40 | x |
| 2010-12-31 | NT$33.31 | NT$68.40 | x |
| 2011-12-31 | NT$34.82 | NT$68.40 | x |
| 2012-12-31 | NT$34.83 | NT$68.40 | x |
| 2013-12-31 | NT$36.44 | NT$68.40 | x |
| 2014-12-31 | NT$34.60 | NT$68.40 | x |
| 2015-12-31 | NT$38.22 | NT$68.40 | x |
| 2016-12-31 | NT$24.37 | NT$68.40 | x |
| 2017-12-31 | NT$32.75 | NT$68.40 | x |
| 2018-12-31 | NT$41.55 | NT$68.40 | x |
| 2019-12-31 | NT$36.54 | NT$68.40 | x |
| 2020-12-31 | NT$40.61 | NT$68.40 | x |
| 2021-12-31 | NT$43.85 | NT$68.40 | x |
| 2022-12-31 | NT$44.93 | NT$68.40 | x |
| 2023-12-31 | NT$44.70 | NT$68.40 | x |
| 2024-12-31 | NT$47.03 | NT$68.40 | x |
| 2025-12-31 | NT$48.53 | NT$68.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TA-I Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.10%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.45x
- Recent ROE (7.04%) is below the historical average (7.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 9.77% | 20.85% | 0.40x | 1.16x | NT$-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 |
| 2025 | 7.04% | 9.10% | 0.53x | 1.45x | NT$-207.63 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: $180,200,345,300
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TA-I Technology Co Ltd (2478) | NT$7.14 Billion | 9.77% | 0.43x | $307.58 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $6.49 Billion | 0.00% | 1.01x | $1.78 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $27.35 Billion | 2.10% | 0.67x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.49 Billion | 6.90% | 0.48x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.10 Billion | 9.66% | 0.65x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.90 Billion | 3.31% | 0.21x | $642.50 Million |
About 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