FSP Technology Inc (3015) - Net Assets

Latest as of June 2025: NT$13.36 Billion TWD ≈ $420.81 Million USD

Based on the latest financial reports, FSP Technology Inc (3015) has net assets worth NT$13.36 Billion TWD (≈ $420.81 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$19.96 Billion ≈ $628.73 Million USD) and total liabilities (NT$6.60 Billion ≈ $207.92 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 3015 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$13.36 Billion
% of Total Assets 66.93%
Annual Growth Rate 11.83%
5-Year Change 38.01%
10-Year Change 81.68%
Growth Volatility 14.34

FSP Technology Inc - Net Assets Trend (2002–2024)

This chart illustrates how FSP Technology Inc's net assets have evolved over time, based on quarterly financial data. Also explore FSP Technology Inc assets under control for the complete picture of this company's asset base.

Annual Net Assets for FSP Technology Inc (2002–2024)

The table below shows the annual net assets of FSP Technology Inc from 2002 to 2024. For live valuation and market cap data, see FSP Technology Inc market capitalisation.

Year Net Assets Change
2024-12-31 NT$15.86 Billion
≈ $499.69 Million		 +8.12%
2023-12-31 NT$14.67 Billion
≈ $462.16 Million		 +6.94%
2022-12-31 NT$13.72 Billion
≈ $432.17 Million		 +1.25%
2021-12-31 NT$13.55 Billion
≈ $426.82 Million		 +17.88%
2020-12-31 NT$11.49 Billion
≈ $362.08 Million		 +26.44%
2019-12-31 NT$9.09 Billion
≈ $286.37 Million		 +10.03%
2018-12-31 NT$8.26 Billion
≈ $260.26 Million		 -1.85%
2017-12-31 NT$8.42 Billion
≈ $265.17 Million		 +0.31%
2016-12-31 NT$8.39 Billion
≈ $264.36 Million		 -3.88%
2015-12-31 NT$8.73 Billion
≈ $275.04 Million		 +9.02%
2014-12-31 NT$8.01 Billion
≈ $252.28 Million		 +17.06%
2013-12-31 NT$6.84 Billion
≈ $215.51 Million		 +14.66%
2012-12-31 NT$5.97 Billion
≈ $187.97 Million		 +0.62%
2011-12-31 NT$5.93 Billion
≈ $186.81 Million		 +4.46%
2010-12-31 NT$5.68 Billion
≈ $178.85 Million		 +3.99%
2009-12-31 NT$5.46 Billion
≈ $171.98 Million		 +9.24%
2008-12-31 NT$5.00 Billion
≈ $157.44 Million		 +4.77%
2007-12-31 NT$4.77 Billion
≈ $150.27 Million		 +53.19%
2006-12-31 NT$3.11 Billion
≈ $98.09 Million		 +23.50%
2005-12-31 NT$2.52 Billion
≈ $79.43 Million		 +25.68%
2004-12-31 NT$2.01 Billion
≈ $63.20 Million		 +2.14%
2003-12-31 NT$1.96 Billion
≈ $61.87 Million		 +44.94%
2002-12-31 NT$1.35 Billion
≈ $42.69 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to FSP Technology 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 759.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$4.38 Billion 28.37%
Other Components NT$11.06 Billion 71.63%
Total Equity NT$15.45 Billion 100.00%

FSP Technology Inc Competitors by Market Cap

The table below lists competitors of FSP Technology Inc ranked by their market capitalization.

Company Market Cap
Amarin Corporation PLC
NASDAQ:AMRN
 $292.71 Million
Bali Towerindo Sentra Tbk
JK:BALI
 $292.80 Million
LEXINFINTECH ADR/2 CL.A
F:1LFA
 $292.98 Million
Lafayette Digital Acquisition Corp. I Class A Ordinary Shares
NASDAQ:ZKP
 $293.03 Million
Zhihu Inc ADR
NYSE:ZH
 $292.52 Million
Crescent Biopharma, Inc.
NASDAQ:CBIO
 $292.50 Million
Coltene Holding AG
SW:CLTN
 $292.50 Million
Elma Electronic AG
SW:ELMN
 $292.47 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FSP Technology Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 14,267,436,000 to 15,445,813,000, a change of 1,178,377,000 (8.3%).
  • Net income of 404,559,000 contributed positively to equity growth.
  • Dividend payments of 599,238,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 6,105,672,999.
  • Other factors increased equity by 7,478,728,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$404.56 Million +2.62%
Dividends Paid NT$599.24 Million -3.88%
Other Comprehensive Income NT$-6.11 Billion -39.53%
Other Changes NT$7.48 Billion +48.42%
Total Change NT$- 8.26%

Book Value vs Market Value Analysis

This analysis compares FSP Technology 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: 0.60x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 1.80x to 0.60x 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$27.61 NT$49.60 x
2010-12-31 NT$27.90 NT$49.60 x
2011-12-31 NT$29.05 NT$49.60 x
2012-12-31 NT$29.44 NT$49.60 x
2013-12-31 NT$33.87 NT$49.60 x
2014-12-31 NT$32.38 NT$49.60 x
2015-12-31 NT$38.60 NT$49.60 x
2016-12-31 NT$41.96 NT$49.60 x
2017-12-31 NT$42.19 NT$49.60 x
2018-12-31 NT$41.49 NT$49.60 x
2019-12-31 NT$45.55 NT$49.60 x
2020-12-31 NT$58.87 NT$49.60 x
2021-12-31 NT$69.93 NT$49.60 x
2022-12-31 NT$70.38 NT$49.60 x
2023-12-31 NT$75.56 NT$49.60 x
2024-12-31 NT$82.48 NT$49.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently FSP Technology 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): 2.62%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.49%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 1.43x
  • Recent ROE (2.62%) is below the historical average (10.61%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 26.25% 7.31% 1.77x 2.03x NT$220.15 Million
2003 22.54% 6.95% 1.29x 2.51x NT$246.24 Million
2004 24.44% 5.81% 1.34x 3.13x NT$289.60 Million
2005 18.96% 4.09% 1.35x 3.44x NT$214.94 Million
2006 16.84% 3.92% 1.47x 2.92x NT$203.25 Million
2007 16.42% 4.65% 1.43x 2.48x NT$291.82 Million
2008 13.32% 3.79% 1.62x 2.18x NT$157.54 Million
2009 16.69% 5.41% 1.33x 2.31x NT$343.22 Million
2010 16.09% 4.51% 1.60x 2.23x NT$324.84 Million
2011 10.75% 3.35% 1.42x 2.26x NT$41.51 Million
2012 10.29% 3.51% 1.43x 2.05x NT$16.57 Million
2013 7.61% 3.22% 1.21x 1.96x NT$-154.93 Million
2014 5.24% 2.54% 1.09x 1.88x NT$-364.60 Million
2015 4.47% 2.73% 0.95x 1.73x NT$-468.50 Million
2016 3.82% 2.02% 1.05x 1.79x NT$-502.00 Million
2017 3.86% 2.18% 1.03x 1.71x NT$-501.21 Million
2018 0.97% 0.53% 1.06x 1.72x NT$-721.82 Million
2019 1.54% 0.95% 0.91x 1.79x NT$-743.08 Million
2020 5.98% 4.52% 0.80x 1.65x NT$-449.17 Million
2021 5.71% 4.53% 0.79x 1.60x NT$-566.81 Million
2022 5.42% 4.84% 0.74x 1.52x NT$-609.87 Million
2023 4.20% 4.55% 0.65x 1.43x NT$-827.51 Million
2024 2.62% 3.49% 0.53x 1.43x NT$-1.14 Billion

Industry Comparison

This section compares FSP Technology Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $5,912,262,400
  • Average return on equity (ROE) among peers: 4.52%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
FSP Technology Inc (3015) NT$13.36 Billion 26.25% 0.49x $292.63 Million
Shihlin Electric & Engineering Corp (1503) $28.69 Billion 7.01% 0.72x $3.11 Billion
Allis Electric Co Ltd (1514) $2.18 Billion 0.00% 0.81x $920.17 Million
Fortune Electric Co Ltd (1519) $2.42 Billion 9.14% 1.69x $8.84 Billion
Klingon Aerospace Inc (1529) $1.88 Billion 8.88% 0.69x $106.03 Million
Kung Long Batteries Industrial Co Ltd (1537) $1.30 Billion 2.54% 1.20x $318.00 Million
Chieftek Precision Co Ltd (1597) $1.32 Billion 5.36% 0.73x $394.51 Million
Hua Eng Wire & Cable Co Ltd (1608) $7.29 Billion -8.48% 0.57x $437.03 Million
Ta Ya Electric Wire & Cable Co., Ltd. (1609) $7.88 Billion 5.93% 1.34x $794.28 Million
Hong Tai Electric Industrial Co Ltd (1612) $4.92 Billion 1.04% 0.18x $355.01 Million
Dah San Electric Wire & Cable Co Ltd (1615) $1.25 Billion 13.75% 0.92x $283.16 Million

About FSP Technology Inc

TW:3015 Taiwan Electrical Equipment & Parts
Market Cap
$292.63 Million
NT$9.29 Billion TWD
Market Cap Rank
#15058 Global
#634 in Taiwan
Share Price
NT$49.60
Change (1 day)
-0.60%
52-Week Range
NT$48.90 - NT$64.80
All Time High
NT$72.10
Categories
Companies in Taiwan Electrical Equipment & Parts
About

FSP Technology Inc. engages in manufacture, process, and trade of power supplies and electronic components in Taiwan, China, the United States of America, Germany, and internationally. The company's products include adapter; industrial PC, open frame, immersion cooling, medical, panel mount, television, solid-state lighting, and personal computer power supply; battery charger; PV inverter; uninte… Read more