TXC Corp (3042) - Net Assets
Based on the latest financial reports, TXC Corp (3042) has net assets worth NT$14.67 Billion TWD (≈ $462.15 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$23.15 Billion ≈ $729.26 Million USD) and total liabilities (NT$8.48 Billion ≈ $267.11 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 3042 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$14.67 Billion |
| % of Total Assets | 63.37% |
| Annual Growth Rate | 10.48% |
| 5-Year Change | 70.32% |
| 10-Year Change | 53.12% |
| Growth Volatility | 13.73 |
TXC Corp - Net Assets Trend (2002–2024)
This chart illustrates how TXC Corp's net assets have evolved over time, based on quarterly financial data. Also explore TXC Corp assets under control for the complete picture of this company's asset base.
Annual Net Assets for TXC Corp (2002–2024)
The table below shows the annual net assets of TXC Corp from 2002 to 2024. For live valuation and market cap data, see TXC Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$16.44 Billion ≈ $518.08 Million |
+38.49% |
| 2023-12-31 | NT$11.87 Billion ≈ $374.08 Million |
-4.81% |
| 2022-12-31 | NT$12.47 Billion ≈ $392.97 Million |
-2.25% |
| 2021-12-31 | NT$12.76 Billion ≈ $402.00 Million |
+32.16% |
| 2020-12-31 | NT$9.66 Billion ≈ $304.19 Million |
+11.01% |
| 2019-12-31 | NT$8.70 Billion ≈ $274.03 Million |
-0.61% |
| 2018-12-31 | NT$8.75 Billion ≈ $275.70 Million |
-4.51% |
| 2017-12-31 | NT$9.16 Billion ≈ $288.73 Million |
-6.23% |
| 2016-12-31 | NT$9.77 Billion ≈ $307.91 Million |
-9.00% |
| 2015-12-31 | NT$10.74 Billion ≈ $338.35 Million |
+20.74% |
| 2014-12-31 | NT$8.89 Billion ≈ $280.23 Million |
+6.84% |
| 2013-12-31 | NT$8.32 Billion ≈ $262.28 Million |
+5.64% |
| 2012-12-31 | NT$7.88 Billion ≈ $248.28 Million |
+10.06% |
| 2011-12-31 | NT$7.16 Billion ≈ $225.59 Million |
+9.67% |
| 2010-12-31 | NT$6.53 Billion ≈ $205.69 Million |
+10.27% |
| 2009-12-31 | NT$5.92 Billion ≈ $186.54 Million |
+5.26% |
| 2008-12-31 | NT$5.63 Billion ≈ $177.23 Million |
+9.93% |
| 2007-12-31 | NT$5.12 Billion ≈ $161.22 Million |
+34.50% |
| 2006-12-31 | NT$3.80 Billion ≈ $119.87 Million |
+26.77% |
| 2005-12-31 | NT$3.00 Billion ≈ $94.56 Million |
+31.43% |
| 2004-12-31 | NT$2.28 Billion ≈ $71.95 Million |
+16.68% |
| 2003-12-31 | NT$1.96 Billion ≈ $61.66 Million |
+6.60% |
| 2002-12-31 | NT$1.84 Billion ≈ $57.84 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TXC 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 grown by 5475.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.38 Billion | 32.95% |
| Other Components | NT$10.94 Billion | 67.05% |
| Total Equity | NT$16.32 Billion | 100.00% |
TXC Corp Competitors by Market Cap
The table below lists competitors of TXC Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlas Energy Solutions Inc.
NYSE:AESI
|
$1.64 Billion |
|
IGNITIS GRUPE AB EO 2233
F:IGV0
|
$1.64 Billion |
|
Shenzhen Urban Transport Planning Center Co. Ltd.
SHE:301091
|
$1.64 Billion |
|
Sinostone Guangdong Co Ltd
SHE:001212
|
$1.64 Billion |
|
Modern Times Group Mtg AB
ST:MTG-B
|
$1.64 Billion |
|
Gree Real Estate Co Ltd
SHG:600185
|
$1.64 Billion |
|
eToro Group Ltd.
NASDAQ:ETOR
|
$1.64 Billion |
|
Bangchak Corporation Public Company Limited
BK:BCP
|
$1.64 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TXC Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,873,616,000 to 16,324,355,000, a change of 4,450,739,000 (37.5%).
- Net income of 2,137,415,000 contributed positively to equity growth.
- Dividend payments of 1,393,911,000 reduced retained earnings.
- New share issuances of 2,337,500,000 increased equity.
- Other comprehensive income decreased equity by 2,941,072,000.
- Other factors increased equity by 4,310,807,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.14 Billion | +13.09% |
| Dividends Paid | NT$1.39 Billion | -8.54% |
| Share Issuances | NT$2.34 Billion | +14.32% |
| Other Comprehensive Income | NT$-2.94 Billion | -18.02% |
| Other Changes | NT$4.31 Billion | +26.41% |
| Total Change | NT$- | 37.48% |
Book Value vs Market Value Analysis
This analysis compares TXC 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: 3.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13.86x to 3.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$11.04 | NT$153.00 | x |
| 2007-12-31 | NT$14.53 | NT$153.00 | x |
| 2008-12-31 | NT$16.02 | NT$153.00 | x |
| 2009-12-31 | NT$19.87 | NT$153.00 | x |
| 2010-12-31 | NT$20.57 | NT$153.00 | x |
| 2011-12-31 | NT$22.28 | NT$153.00 | x |
| 2012-12-31 | NT$24.33 | NT$153.00 | x |
| 2013-12-31 | NT$24.77 | NT$153.00 | x |
| 2014-12-31 | NT$26.82 | NT$153.00 | x |
| 2015-12-31 | NT$32.21 | NT$153.00 | x |
| 2016-12-31 | NT$30.89 | NT$153.00 | x |
| 2017-12-31 | NT$29.13 | NT$153.00 | x |
| 2018-12-31 | NT$28.01 | NT$153.00 | x |
| 2019-12-31 | NT$27.90 | NT$153.00 | x |
| 2020-12-31 | NT$30.91 | NT$153.00 | x |
| 2021-12-31 | NT$40.50 | NT$153.00 | x |
| 2022-12-31 | NT$38.48 | NT$153.00 | x |
| 2023-12-31 | NT$36.77 | NT$153.00 | x |
| 2024-12-31 | NT$47.59 | NT$153.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TXC Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.87%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.36x
- Recent ROE (13.09%) is below the historical average (13.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.28% | 2.37% | 0.64x | 1.51x | NT$-141.77 Million |
| 2003 | 7.28% | 5.57% | 0.66x | 1.99x | NT$-53.20 Million |
| 2004 | 11.30% | 8.45% | 0.76x | 1.76x | NT$29.80 Million |
| 2005 | 16.01% | 12.88% | 0.79x | 1.58x | NT$180.34 Million |
| 2006 | 22.14% | 16.18% | 0.81x | 1.69x | NT$461.77 Million |
| 2007 | 22.27% | 18.23% | 0.81x | 1.50x | NT$627.99 Million |
| 2008 | 16.92% | 12.93% | 0.84x | 1.56x | NT$389.29 Million |
| 2009 | 13.21% | 10.12% | 0.82x | 1.60x | NT$190.13 Million |
| 2010 | 18.23% | 12.33% | 0.87x | 1.70x | NT$537.30 Million |
| 2011 | 14.67% | 10.61% | 0.83x | 1.67x | NT$334.18 Million |
| 2012 | 14.58% | 10.51% | 0.84x | 1.65x | NT$360.84 Million |
| 2013 | 11.23% | 9.84% | 0.73x | 1.56x | NT$102.67 Million |
| 2014 | 11.19% | 10.45% | 0.70x | 1.53x | NT$105.72 Million |
| 2015 | 8.74% | 10.13% | 0.59x | 1.45x | NT$-135.72 Million |
| 2016 | 10.45% | 10.54% | 0.65x | 1.53x | NT$44.20 Million |
| 2017 | 10.55% | 10.96% | 0.66x | 1.47x | NT$50.39 Million |
| 2018 | 7.36% | 7.90% | 0.65x | 1.44x | NT$-230.73 Million |
| 2019 | 7.72% | 7.97% | 0.63x | 1.54x | NT$-197.99 Million |
| 2020 | 14.80% | 12.94% | 0.67x | 1.72x | NT$463.79 Million |
| 2021 | 24.43% | 20.45% | 0.73x | 1.63x | NT$1.84 Billion |
| 2022 | 22.49% | 21.30% | 0.66x | 1.59x | NT$1.56 Billion |
| 2023 | 14.43% | 15.79% | 0.58x | 1.59x | NT$526.34 Million |
| 2024 | 13.09% | 16.87% | 0.57x | 1.36x | NT$504.98 Million |
Industry Comparison
This section compares TXC Corp'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 |
|---|---|---|---|---|
| TXC Corp (3042) | NT$14.67 Billion | 2.28% | 0.58x | $1.64 Billion |
| 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 TXC Corp
TXC Corporation engages in the research, design, development, production, and sale of crystal units and oscillator products in Taiwan and internationally. It offers ThermSym OCXO, TCXO, MHz XO, kHz XO, Controlled Crystal Oscillators (VCXO), Temperature Sensing Crystal (TSX), MHz Crystal, and kHz Crystal. Its products are used in various applications, including telecom and enterprise, automotive, … Read more