HTC Corp (2498) - Net Assets
Based on the latest financial reports, HTC Corp (2498) has net assets worth NT$26.73 Billion TWD (≈ $842.22 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$38.28 Billion ≈ $1.21 Billion USD) and total liabilities (NT$11.55 Billion ≈ $363.74 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$26.73 Billion |
| % of Total Assets | 69.84% |
| Annual Growth Rate | 8.81% |
| 5-Year Change | -28.46% |
| 10-Year Change | -66.93% |
| Growth Volatility | 36.36 |
HTC Corp - Net Assets Trend (2001–2024)
This chart illustrates how HTC 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 HTC Corp (2001–2024)
The table below shows the annual net assets of HTC Corp from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$21.43 Billion ≈ $675.11 Million |
-6.04% |
| 2023-12-31 | NT$22.81 Billion ≈ $718.49 Million |
-10.78% |
| 2022-12-31 | NT$25.56 Billion ≈ $805.25 Million |
-6.11% |
| 2021-12-31 | NT$27.22 Billion ≈ $857.67 Million |
-9.12% |
| 2020-12-31 | NT$29.95 Billion ≈ $943.70 Million |
-14.41% |
| 2019-12-31 | NT$35.00 Billion ≈ $1.10 Billion |
-22.61% |
| 2018-12-31 | NT$45.22 Billion ≈ $1.42 Billion |
+34.08% |
| 2017-12-31 | NT$33.73 Billion ≈ $1.06 Billion |
-34.86% |
| 2016-12-31 | NT$51.77 Billion ≈ $1.63 Billion |
-20.10% |
| 2015-12-31 | NT$64.79 Billion ≈ $2.04 Billion |
-19.35% |
| 2014-12-31 | NT$80.33 Billion ≈ $2.53 Billion |
+3.38% |
| 2013-12-31 | NT$77.71 Billion ≈ $2.45 Billion |
-3.31% |
| 2012-12-31 | NT$80.37 Billion ≈ $2.53 Billion |
-21.53% |
| 2011-12-31 | NT$102.42 Billion ≈ $3.23 Billion |
+37.08% |
| 2010-12-31 | NT$74.71 Billion ≈ $2.35 Billion |
+13.76% |
| 2009-12-31 | NT$65.67 Billion ≈ $2.07 Billion |
+8.21% |
| 2008-12-31 | NT$60.69 Billion ≈ $1.91 Billion |
+8.01% |
| 2007-12-31 | NT$56.19 Billion ≈ $1.77 Billion |
+31.57% |
| 2006-12-31 | NT$42.70 Billion ≈ $1.35 Billion |
+85.79% |
| 2005-12-31 | NT$22.99 Billion ≈ $724.17 Million |
+102.17% |
| 2004-12-31 | NT$11.37 Billion ≈ $358.20 Million |
+48.70% |
| 2003-12-31 | NT$7.65 Billion ≈ $240.88 Million |
+75.14% |
| 2002-12-31 | NT$4.37 Billion ≈ $137.53 Million |
+42.03% |
| 2001-12-31 | NT$3.07 Billion ≈ $96.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to HTC 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 decreased by 761.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$8.34 Billion | 38.90% |
| Other Comprehensive Income | NT$4.08 Billion | 19.02% |
| Other Components | NT$15.38 Billion | 71.78% |
| Total Equity | NT$21.43 Billion | 100.00% |
HTC Corp Competitors by Market Cap
The table below lists competitors of HTC Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xi'an Manareco New Materials Co.Ltd
SHG:688550
|
$1.04 Billion |
|
U Blox Holding AG
SW:UBXN
|
$1.04 Billion |
|
Papa John's International Inc
NASDAQ:PZZA
|
$1.04 Billion |
|
Cyient Limited
NSE:CYIENT
|
$1.04 Billion |
|
Axis Real Estate Investment Trust
KLSE:5106
|
$1.04 Billion |
|
Savara Inc
NASDAQ:SVRA
|
$1.04 Billion |
|
Dynavox Group
ST:DYVOX
|
$1.04 Billion |
|
Pennant Group Inc
NASDAQ:PNTG
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HTC Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,805,128,000 to 21,428,269,000, a change of -1,376,859,000 (-6.0%).
- Net loss of 3,418,288,000 reduced equity.
- New share issuances of 52,738,000 increased equity.
- Other comprehensive income increased equity by 7,433,065,999.
- Other factors decreased equity by 5,444,374,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-3.42 Billion | -15.95% |
| Share Issuances | NT$52.74 Million | +0.25% |
| Other Comprehensive Income | NT$7.43 Billion | +34.69% |
| Other Changes | NT$-5.44 Billion | -25.41% |
| Total Change | NT$- | -6.04% |
Book Value vs Market Value Analysis
This analysis compares HTC 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: 1.55x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.15x to 1.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | NT$34.88 | NT$40.00 | x |
| 2006-12-31 | NT$48.38 | NT$40.00 | x |
| 2007-12-31 | NT$65.00 | NT$40.00 | x |
| 2008-12-31 | NT$67.16 | NT$40.00 | x |
| 2009-12-31 | NT$74.26 | NT$40.00 | x |
| 2010-12-31 | NT$86.26 | NT$40.00 | x |
| 2011-12-31 | NT$117.69 | NT$40.00 | x |
| 2012-12-31 | NT$96.17 | NT$40.00 | x |
| 2013-12-31 | NT$93.73 | NT$40.00 | x |
| 2014-12-31 | NT$97.40 | NT$40.00 | x |
| 2015-12-31 | NT$78.37 | NT$40.00 | x |
| 2016-12-31 | NT$62.82 | NT$40.00 | x |
| 2017-12-31 | NT$41.01 | NT$40.00 | x |
| 2018-12-31 | NT$54.25 | NT$40.00 | x |
| 2019-12-31 | NT$42.57 | NT$40.00 | x |
| 2020-12-31 | NT$36.51 | NT$40.00 | x |
| 2021-12-31 | NT$33.21 | NT$40.00 | x |
| 2022-12-31 | NT$30.93 | NT$40.00 | x |
| 2023-12-31 | NT$27.43 | NT$40.00 | x |
| 2024-12-31 | NT$25.74 | NT$40.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HTC 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): -15.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -110.95%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.16x
- Recent ROE (-15.95%) is below the historical average (13.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 31.32% | 6.37% | 2.14x | 2.29x | NT$655.37 Million |
| 2002 | 33.55% | 7.33% | 2.09x | 2.19x | NT$1.03 Billion |
| 2003 | 24.21% | 8.73% | 1.34x | 2.07x | NT$1.09 Billion |
| 2004 | 33.91% | 10.81% | 1.58x | 1.98x | NT$2.72 Billion |
| 2005 | 51.26% | 16.11% | 1.82x | 1.75x | NT$9.48 Billion |
| 2006 | 59.30% | 23.96% | 1.59x | 1.56x | NT$20.99 Billion |
| 2007 | 51.61% | 24.48% | 1.29x | 1.63x | NT$23.33 Billion |
| 2008 | 47.21% | 18.80% | 1.32x | 1.91x | NT$22.57 Billion |
| 2009 | 34.44% | 15.65% | 1.21x | 1.81x | NT$16.04 Billion |
| 2010 | 52.91% | 14.18% | 1.46x | 2.55x | NT$32.06 Billion |
| 2011 | 61.10% | 13.31% | 1.83x | 2.51x | NT$51.83 Billion |
| 2012 | 20.88% | 6.20% | 1.36x | 2.48x | NT$8.74 Billion |
| 2013 | -1.70% | -0.65% | 1.18x | 2.22x | NT$-9.09 Billion |
| 2014 | 1.85% | 0.79% | 1.15x | 2.04x | NT$-6.55 Billion |
| 2015 | -23.97% | -12.77% | 0.94x | 2.00x | NT$-22.01 Billion |
| 2016 | -20.40% | -13.51% | 0.76x | 1.99x | NT$-15.74 Billion |
| 2017 | -50.17% | -27.21% | 0.93x | 1.98x | NT$-20.28 Billion |
| 2018 | 26.72% | 50.83% | 0.35x | 1.50x | NT$7.55 Billion |
| 2019 | -27.01% | -93.99% | 0.19x | 1.51x | NT$-12.90 Billion |
| 2020 | -20.15% | -103.74% | 0.13x | 1.51x | NT$-9.01 Billion |
| 2021 | -11.39% | -59.05% | 0.12x | 1.62x | NT$-5.82 Billion |
| 2022 | -13.35% | -77.39% | 0.09x | 1.82x | NT$-5.97 Billion |
| 2023 | -14.89% | -76.86% | 0.10x | 2.00x | NT$-5.68 Billion |
| 2024 | -15.95% | -110.95% | 0.07x | 2.16x | NT$-5.56 Billion |
Industry Comparison
This section compares HTC Corp's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $1,918,433,111
- Average return on equity (ROE) among peers: 9.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HTC Corp (2498) | NT$26.73 Billion | 31.32% | 0.43x | $1.04 Billion |
| Lung Hwa Electronics Co Ltd (2424) | $637.03 Million | 0.00% | 0.75x | $42.56 Million |
| Merry Electronics Co Ltd (2439) | $1.93 Billion | 8.21% | 0.55x | $693.52 Million |
| Taiwan Line Tek Electronic Co Ltd (2462) | $707.31 Million | 4.05% | 0.79x | $107.12 Million |
| Meiloon Industrial Co Ltd (2477) | $3.21 Billion | 26.14% | 0.66x | $111.16 Million |
| Hanpin Electron Co Ltd (2488) | $1.66 Billion | 9.90% | 0.48x | $127.53 Million |
| Action Electronics Co Ltd (3024) | $1.83 Billion | 4.76% | 0.86x | $120.50 Million |
| Global View Co Ltd (3040) | $1.71 Billion | 32.96% | 0.23x | $87.30 Million |
| U-Tech Media Corp (3050) | $3.76 Billion | 3.07% | 0.41x | $59.57 Million |
| Powertech Industrial Co Ltd (3296) | $1.82 Billion | -7.28% | 0.49x | $61.25 Million |
About HTC Corp
HTC Corporation, together with its subsidiaries, designs, manufactures, assembles, processes, and sells smart mobile and virtual reality and platforms in Taiwan and internationally. The company provides VIVE Eagle, a hands-free AI glasses; VIVE Focus series, a VR Solution; VIVE XR Elite, a convertible, all-in-one XR headset; VIVE Pro series, a PC VR; VIVE Flow, an immersive VR glass. It also offe… Read more