I-Chiun Precision Industry Co Ltd (2486) - Net Assets
Based on the latest financial reports, I-Chiun Precision Industry Co Ltd (2486) has net assets worth NT$5.34 Billion TWD (≈ $168.11 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$12.07 Billion ≈ $380.26 Million USD) and total liabilities (NT$6.73 Billion ≈ $212.16 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 2486 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$5.34 Billion |
| % of Total Assets | 44.21% |
| Annual Growth Rate | 7.67% |
| 5-Year Change | 85.55% |
| 10-Year Change | 41.44% |
| Growth Volatility | 19.17 |
I-Chiun Precision Industry Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how I-Chiun Precision Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 2486 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for I-Chiun Precision Industry Co Ltd (2003–2024)
The table below shows the annual net assets of I-Chiun Precision Industry Co Ltd from 2003 to 2024. For live valuation and market cap data, see how much is I-Chiun Precision Industry Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.39 Billion ≈ $169.68 Million |
+22.87% |
| 2023-12-31 | NT$4.38 Billion ≈ $138.10 Million |
+3.85% |
| 2022-12-31 | NT$4.22 Billion ≈ $132.98 Million |
-0.67% |
| 2021-12-31 | NT$4.25 Billion ≈ $133.88 Million |
+46.40% |
| 2020-12-31 | NT$2.90 Billion ≈ $91.45 Million |
-2.49% |
| 2019-12-31 | NT$2.98 Billion ≈ $93.78 Million |
-8.77% |
| 2018-12-31 | NT$3.26 Billion ≈ $102.80 Million |
-1.99% |
| 2017-12-31 | NT$3.33 Billion ≈ $104.90 Million |
-4.43% |
| 2016-12-31 | NT$3.48 Billion ≈ $109.76 Million |
-8.51% |
| 2015-12-31 | NT$3.81 Billion ≈ $119.97 Million |
-11.50% |
| 2014-12-31 | NT$4.30 Billion ≈ $135.56 Million |
+7.20% |
| 2013-12-31 | NT$4.01 Billion ≈ $126.45 Million |
+4.67% |
| 2012-12-31 | NT$3.83 Billion ≈ $120.81 Million |
+0.13% |
| 2011-12-31 | NT$3.83 Billion ≈ $120.65 Million |
-11.46% |
| 2010-12-31 | NT$4.33 Billion ≈ $136.26 Million |
-1.64% |
| 2009-12-31 | NT$4.40 Billion ≈ $138.54 Million |
+36.86% |
| 2008-12-31 | NT$3.21 Billion ≈ $101.23 Million |
+6.21% |
| 2007-12-31 | NT$3.03 Billion ≈ $95.31 Million |
+12.88% |
| 2006-12-31 | NT$2.68 Billion ≈ $84.44 Million |
+56.44% |
| 2005-12-31 | NT$1.71 Billion ≈ $53.98 Million |
+38.08% |
| 2004-12-31 | NT$1.24 Billion ≈ $39.09 Million |
+8.87% |
| 2003-12-31 | NT$1.14 Billion ≈ $35.91 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to I-Chiun Precision Industry 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 3.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$29.12 Million | 0.56% |
| Common Stock | NT$2.34 Billion | 44.92% |
| Other Comprehensive Income | NT$142.98 Million | 2.75% |
| Other Components | NT$2.70 Billion | 51.78% |
| Total Equity | NT$5.21 Billion | 100.00% |
I-Chiun Precision Industry Co Ltd Competitors by Market Cap
The table below lists competitors of I-Chiun Precision Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Honglu Steel Construction Group Co Ltd
SHE:002541
|
$1.96 Billion |
|
Investis Holding SA
SW:IREN
|
$1.96 Billion |
|
THE BK N.T.BUTTERF.+S.NEW
F:4IK
|
$1.96 Billion |
|
Carborundum Universal Limited
NSE:CARBORUNIV
|
$1.96 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
$1.96 Billion |
|
Iridium Communications Inc
NASDAQ:IRDM
|
$1.96 Billion |
|
Fresh Del Monte Produce Inc
NYSE:FDP
|
$1.96 Billion |
|
Grupo Mateus S.A
SA:GMAT3
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in I-Chiun Precision Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,191,089,000 to 5,208,361,000, a change of 1,017,272,000 (24.3%).
- Net income of 18,807,000 contributed positively to equity growth.
- Dividend payments of 144,273,000 reduced retained earnings.
- New share issuances of 903,432,000 increased equity.
- Other comprehensive income increased equity by 200,243,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$18.81 Million | +0.36% |
| Dividends Paid | NT$144.27 Million | -2.77% |
| Share Issuances | NT$903.43 Million | +17.35% |
| Other Comprehensive Income | NT$200.24 Million | +3.84% |
| Other Changes | NT$39.06 Million | +0.75% |
| Total Change | NT$- | 24.27% |
Book Value vs Market Value Analysis
This analysis compares I-Chiun Precision Industry 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: 11.83x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$22.90 | NT$270.50 | x |
| 2010-12-31 | NT$18.27 | NT$270.50 | x |
| 2011-12-31 | NT$18.36 | NT$270.50 | x |
| 2012-12-31 | NT$18.24 | NT$270.50 | x |
| 2013-12-31 | NT$19.10 | NT$270.50 | x |
| 2014-12-31 | NT$17.29 | NT$270.50 | x |
| 2015-12-31 | NT$18.16 | NT$270.50 | x |
| 2016-12-31 | NT$17.17 | NT$270.50 | x |
| 2017-12-31 | NT$16.52 | NT$270.50 | x |
| 2018-12-31 | NT$15.96 | NT$270.50 | x |
| 2019-12-31 | NT$14.50 | NT$270.50 | x |
| 2020-12-31 | NT$14.16 | NT$270.50 | x |
| 2021-12-31 | NT$19.39 | NT$270.50 | x |
| 2022-12-31 | NT$18.15 | NT$270.50 | x |
| 2023-12-31 | NT$19.19 | NT$270.50 | x |
| 2024-12-31 | NT$22.86 | NT$270.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently I-Chiun Precision Industry Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.34%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.11x
- Recent ROE (0.36%) is below the historical average (3.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 2.46% | 2.03% | 0.59x | 2.04x | NT$-85.99 Million |
| 2004 | 6.40% | 4.65% | 0.62x | 2.23x | NT$-44.63 Million |
| 2005 | 14.08% | 9.24% | 0.74x | 2.07x | NT$69.91 Million |
| 2006 | 15.27% | 11.33% | 0.84x | 1.61x | NT$141.32 Million |
| 2007 | 18.46% | 12.31% | 0.89x | 1.69x | NT$256.02 Million |
| 2008 | 11.60% | 7.80% | 0.85x | 1.76x | NT$51.28 Million |
| 2009 | 14.87% | 14.71% | 0.75x | 1.35x | NT$214.19 Million |
| 2010 | 9.91% | 7.13% | 0.71x | 1.95x | NT$-3.74 Million |
| 2011 | -10.46% | -7.97% | 0.63x | 2.09x | NT$-775.87 Million |
| 2012 | 2.25% | 1.30% | 0.77x | 2.26x | NT$-294.38 Million |
| 2013 | 5.43% | 3.24% | 0.75x | 2.23x | NT$-182.44 Million |
| 2014 | 4.89% | 2.95% | 0.75x | 2.21x | NT$-218.08 Million |
| 2015 | -7.48% | -4.45% | 0.76x | 2.22x | NT$-658.65 Million |
| 2016 | -2.98% | -2.12% | 0.68x | 2.09x | NT$-447.95 Million |
| 2017 | -5.14% | -4.04% | 0.59x | 2.16x | NT$-492.32 Million |
| 2018 | -3.45% | -2.74% | 0.63x | 1.99x | NT$-425.10 Million |
| 2019 | -6.38% | -5.06% | 0.63x | 2.01x | NT$-476.45 Million |
| 2020 | -5.50% | -3.73% | 0.69x | 2.13x | NT$-441.10 Million |
| 2021 | 9.23% | 6.27% | 0.71x | 2.08x | NT$-31.46 Million |
| 2022 | 2.55% | 1.99% | 0.67x | 1.93x | NT$-301.02 Million |
| 2023 | 4.79% | 3.96% | 0.65x | 1.86x | NT$-218.22 Million |
| 2024 | 0.36% | 0.34% | 0.50x | 2.11x | NT$-502.03 Million |
Industry Comparison
This section compares I-Chiun Precision Industry Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $200,463,738,700
- Average return on equity (ROE) among peers: 11.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| I-Chiun Precision Industry Co Ltd (2486) | NT$5.34 Billion | 2.46% | 1.26x | $1.96 Billion |
| Syncmold Enterprise Corp (1582) | $5.72 Billion | 16.46% | 0.75x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $7.52 Billion | 6.47% | 0.78x | $1.78 Billion |
| Delta Electronics Inc (2308) | $225.37 Billion | 14.49% | 0.89x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.71 Billion | 20.43% | 1.15x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.17 Billion | 8.78% | 0.87x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $24.05 Billion | 0.00% | 0.98x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.17 Billion | 3.40% | 0.28x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $16.21 Billion | 15.36% | 0.57x | $641.19 Million |
| Solomon Technology Corp (2359) | $6.55 Billion | 23.24% | 0.67x | $642.50 Million |
About I-Chiun Precision Industry Co Ltd
I-Chiun Precision Industry Co., Ltd. manufactures, processes, and trades machinery and parts, electronic components, electrical components, semiconductor LED lead frames, precision molds, and ceramic circuit boards in Taiwan, China, and internationally. The company offers optoelectronic products, including SMD top and side view, photo coupler, IC leadframe, and power module; and industrial comput… Read more