ITE Tech Inc
ITE Tech. Inc engages in the design and development of PC and mobile phone controller chips in Taiwan, Asia, Europe, the United States, and Oceania. The company offers Super I/O controls for desktop computers, embedded control ICs for notebook computers, high-speed audio-video interface related ICs, system on a chip, and other customized application chips. ITE Tech. Inc was founded in 1996 and is… Read more
ITE Tech Inc (3014) - Net Assets
Latest net assets as of September 2025: NT$6.63 Billion TWD
Based on the latest financial reports, ITE Tech Inc (3014) has net assets worth NT$6.63 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$8.80 Billion) and total liabilities (NT$2.16 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$6.63 Billion |
| % of Total Assets | 75.42% |
| Annual Growth Rate | 7.92% |
| 5-Year Change | 39.9% |
| 10-Year Change | 81.95% |
| Growth Volatility | 46.83 |
ITE Tech Inc - Net Assets Trend (2002–2024)
This chart illustrates how ITE Tech Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ITE Tech Inc (2002–2024)
The table below shows the annual net assets of ITE Tech Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.73 Billion | +4.70% |
| 2023-12-31 | NT$6.43 Billion | +19.46% |
| 2022-12-31 | NT$5.38 Billion | -14.08% |
| 2021-12-31 | NT$6.26 Billion | +30.19% |
| 2020-12-31 | NT$4.81 Billion | +19.14% |
| 2019-12-31 | NT$4.04 Billion | +4.49% |
| 2018-12-31 | NT$3.86 Billion | +0.13% |
| 2017-12-31 | NT$3.86 Billion | +1.63% |
| 2016-12-31 | NT$3.80 Billion | +2.65% |
| 2015-12-31 | NT$3.70 Billion | -0.26% |
| 2014-12-31 | NT$3.71 Billion | +6.91% |
| 2013-12-31 | NT$3.47 Billion | -13.00% |
| 2012-12-31 | NT$3.99 Billion | +7.46% |
| 2011-12-31 | NT$3.71 Billion | -40.64% |
| 2010-12-31 | NT$6.25 Billion | -0.35% |
| 2009-12-31 | NT$6.27 Billion | +5.58% |
| 2008-12-31 | NT$5.94 Billion | +217.09% |
| 2007-12-31 | NT$1.87 Billion | +19.68% |
| 2006-12-31 | NT$1.57 Billion | +7.56% |
| 2005-12-31 | NT$1.46 Billion | +23.22% |
| 2004-12-31 | NT$1.18 Billion | -13.78% |
| 2003-12-31 | NT$1.37 Billion | +8.87% |
| 2002-12-31 | NT$1.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ITE Tech Inc'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 1517.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.74 Billion | 40.71% |
| Other Components | NT$3.99 Billion | 59.29% |
| Total Equity | NT$6.73 Billion | 100.00% |
ITE Tech Inc Competitors by Market Cap
The table below lists competitors of ITE Tech Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sumitomo Mitsui Construction Co. Ltd
F:72S
|
$518.52 Million |
|
AFCONS INFRASTRUCTURE LTD
NSE:AFCONS
|
$518.63 Million |
|
Chongqing Millison Technologies Inc. A
SHE:301307
|
$519.13 Million |
|
DTR Automotive
KO:007340
|
$519.34 Million |
|
Alandsbanken Abp B
HE:ALBBV
|
$518.42 Million |
|
Vivenio Residencial SOCIMI S.A.
MC:YVIV
|
$518.38 Million |
|
Guangdong Guanhao High-Tech Co Ltd
SHG:600433
|
$518.19 Million |
|
Swan Energy Limited
NSE:SWANENERGY
|
$518.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ITE Tech Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,426,293,000 to 6,728,524,000, a change of 302,231,000 (4.7%).
- Net income of 1,626,631,000 contributed positively to equity growth.
- Dividend payments of 1,288,641,000 reduced retained earnings.
- Other comprehensive income decreased equity by 499,276,000.
- Other factors increased equity by 463,517,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.63 Billion | +24.18% |
| Dividends Paid | NT$1.29 Billion | -19.15% |
| Other Comprehensive Income | NT$-499.28 Million | -7.42% |
| Other Changes | NT$463.52 Million | +6.89% |
| Total Change | NT$- | 4.70% |
Book Value vs Market Value Analysis
This analysis compares ITE Tech Inc'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: 2.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$41.15 | NT$118.50 | x |
| 2010-12-31 | NT$40.73 | NT$118.50 | x |
| 2011-12-31 | NT$24.43 | NT$118.50 | x |
| 2012-12-31 | NT$19.55 | NT$118.50 | x |
| 2013-12-31 | NT$18.79 | NT$118.50 | x |
| 2014-12-31 | NT$23.68 | NT$118.50 | x |
| 2015-12-31 | NT$23.45 | NT$118.50 | x |
| 2016-12-31 | NT$24.22 | NT$118.50 | x |
| 2017-12-31 | NT$23.97 | NT$118.50 | x |
| 2018-12-31 | NT$23.40 | NT$118.50 | x |
| 2019-12-31 | NT$24.66 | NT$118.50 | x |
| 2020-12-31 | NT$29.35 | NT$118.50 | x |
| 2021-12-31 | NT$37.94 | NT$118.50 | x |
| 2022-12-31 | NT$32.84 | NT$118.50 | x |
| 2023-12-31 | NT$39.48 | NT$118.50 | x |
| 2024-12-31 | NT$40.52 | NT$118.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ITE Tech Inc 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): 24.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.52%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.31x
- Recent ROE (24.18%) is above the historical average (10.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.68% | 8.75% | 1.02x | 1.31x | NT$21.19 Million |
| 2003 | 16.41% | 12.96% | 1.00x | 1.27x | NT$87.80 Million |
| 2004 | 3.68% | 2.89% | 1.03x | 1.24x | NT$-74.69 Million |
| 2005 | 16.56% | 13.44% | 0.93x | 1.33x | NT$95.49 Million |
| 2006 | 16.06% | 14.06% | 0.92x | 1.24x | NT$94.79 Million |
| 2007 | 28.94% | 20.76% | 1.10x | 1.27x | NT$354.77 Million |
| 2008 | 6.87% | 16.53% | 0.37x | 1.12x | NT$-185.92 Million |
| 2009 | 7.84% | 12.51% | 0.56x | 1.13x | NT$-135.53 Million |
| 2010 | 4.88% | 7.35% | 0.59x | 1.13x | NT$-320.10 Million |
| 2011 | -61.30% | -58.01% | 0.89x | 1.18x | NT$-2.65 Billion |
| 2012 | 5.41% | 5.90% | 0.76x | 1.20x | NT$-182.95 Million |
| 2013 | 6.37% | 6.21% | 0.81x | 1.28x | NT$-125.79 Million |
| 2014 | 9.93% | 10.70% | 0.75x | 1.24x | NT$-2.74 Million |
| 2015 | 9.15% | 10.97% | 0.67x | 1.25x | NT$-31.49 Million |
| 2016 | 9.59% | 11.64% | 0.66x | 1.24x | NT$-15.38 Million |
| 2017 | 10.10% | 12.28% | 0.65x | 1.27x | NT$3.93 Million |
| 2018 | 12.61% | 14.48% | 0.68x | 1.28x | NT$100.77 Million |
| 2019 | 13.36% | 14.72% | 0.68x | 1.33x | NT$135.70 Million |
| 2020 | 19.45% | 19.42% | 0.74x | 1.35x | NT$454.58 Million |
| 2021 | 28.84% | 25.14% | 0.83x | 1.38x | NT$1.18 Billion |
| 2022 | 22.64% | 23.36% | 0.78x | 1.24x | NT$679.75 Million |
| 2023 | 24.71% | 25.30% | 0.76x | 1.28x | NT$945.18 Million |
| 2024 | 24.18% | 24.52% | 0.75x | 1.31x | NT$953.78 Million |
Industry Comparison
This section compares ITE Tech Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ITE Tech Inc (3014) | NT$6.63 Billion | 11.68% | 0.33x | $518.46 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |