Ta Liang Technology Co Ltd (3167) - Net Assets
Based on the latest financial reports, Ta Liang Technology Co Ltd (3167) has net assets worth NT$3.08 Billion TWD (≈ $96.96 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$7.54 Billion ≈ $237.64 Million USD) and total liabilities (NT$4.47 Billion ≈ $140.68 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 asset resilience ratio of Ta Liang Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.08 Billion |
| % of Total Assets | 40.8% |
| Annual Growth Rate | 8.11% |
| 5-Year Change | 28.23% |
| 10-Year Change | 71.08% |
| Growth Volatility | 11.01 |
Ta Liang Technology Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Ta Liang Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 3167 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Ta Liang Technology Co Ltd (2009–2024)
The table below shows the annual net assets of Ta Liang Technology Co Ltd from 2009 to 2024. For live valuation and market cap data, see Ta Liang Technology Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.67 Billion ≈ $84.13 Million |
+26.31% |
| 2023-12-31 | NT$2.11 Billion ≈ $66.61 Million |
-7.88% |
| 2022-12-31 | NT$2.30 Billion ≈ $72.31 Million |
+0.48% |
| 2021-12-31 | NT$2.28 Billion ≈ $71.96 Million |
+9.68% |
| 2020-12-31 | NT$2.08 Billion ≈ $65.61 Million |
+15.36% |
| 2019-12-31 | NT$1.81 Billion ≈ $56.87 Million |
-9.91% |
| 2018-12-31 | NT$2.00 Billion ≈ $63.13 Million |
+12.25% |
| 2017-12-31 | NT$1.79 Billion ≈ $56.24 Million |
+14.20% |
| 2016-12-31 | NT$1.56 Billion ≈ $49.25 Million |
+0.14% |
| 2015-12-31 | NT$1.56 Billion ≈ $49.18 Million |
+4.77% |
| 2014-12-31 | NT$1.49 Billion ≈ $46.94 Million |
+8.86% |
| 2013-12-31 | NT$1.37 Billion ≈ $43.12 Million |
+25.59% |
| 2012-12-31 | NT$1.09 Billion ≈ $34.33 Million |
-3.76% |
| 2011-12-31 | NT$1.13 Billion ≈ $35.67 Million |
+11.32% |
| 2010-12-31 | NT$1.02 Billion ≈ $32.05 Million |
+22.67% |
| 2009-12-31 | NT$829.23 Million ≈ $26.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ta Liang Technology 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 679.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$762.41 Million | 28.55% |
| Common Stock | NT$882.53 Million | 33.05% |
| Other Comprehensive Income | NT$537.81 Million | 20.14% |
| Other Components | NT$487.65 Million | 18.26% |
| Total Equity | NT$2.67 Billion | 100.00% |
Ta Liang Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Ta Liang Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elecnor S.A
MC:ENO
|
$2.40 Billion |
|
Mainova AG
F:MNV6
|
$2.40 Billion |
|
COUNTRY GARDEN SVDL-0001
F:75H
|
$2.40 Billion |
|
Pertamina Geothermal Energy
JK:PGEO
|
$2.40 Billion |
|
National Energy Services Reunited Corp Ordinary Shares
NASDAQ:NESR
|
$2.40 Billion |
|
Bank of Xi'An Co Ltd
SHG:600928
|
$2.40 Billion |
|
Wallenstam AB (publ)
ST:WALL-B
|
$2.40 Billion |
|
OPmobility SE
PA:OPM
|
$2.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ta Liang Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,114,166,000 to 2,670,399,000, a change of 556,233,000 (26.3%).
- Net income of 124,395,000 contributed positively to equity growth.
- Dividend payments of 41,250,000 reduced retained earnings.
- Other comprehensive income increased equity by 101,728,000.
- Other factors increased equity by 371,360,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$124.39 Million | +4.66% |
| Dividends Paid | NT$41.25 Million | -1.54% |
| Other Comprehensive Income | NT$101.73 Million | +3.81% |
| Other Changes | NT$371.36 Million | +13.91% |
| Total Change | NT$- | 26.31% |
Book Value vs Market Value Analysis
This analysis compares Ta Liang Technology 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: 28.41x
- 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 73.79x to 28.41x 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$11.67 | NT$861.00 | x |
| 2010-12-31 | NT$14.21 | NT$861.00 | x |
| 2011-12-31 | NT$15.81 | NT$861.00 | x |
| 2012-12-31 | NT$15.08 | NT$861.00 | x |
| 2013-12-31 | NT$18.59 | NT$861.00 | x |
| 2014-12-31 | NT$18.36 | NT$861.00 | x |
| 2015-12-31 | NT$19.16 | NT$861.00 | x |
| 2016-12-31 | NT$19.11 | NT$861.00 | x |
| 2017-12-31 | NT$21.94 | NT$861.00 | x |
| 2018-12-31 | NT$24.35 | NT$861.00 | x |
| 2019-12-31 | NT$21.80 | NT$861.00 | x |
| 2020-12-31 | NT$25.15 | NT$861.00 | x |
| 2021-12-31 | NT$27.42 | NT$861.00 | x |
| 2022-12-31 | NT$26.12 | NT$861.00 | x |
| 2023-12-31 | NT$25.60 | NT$861.00 | x |
| 2024-12-31 | NT$30.30 | NT$861.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ta Liang Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.79%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.95x
- Recent ROE (4.66%) is below the historical average (15.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 8.28% | 6.95% | 0.59x | 2.01x | NT$-14.29 Million |
| 2010 | 26.79% | 11.57% | 1.09x | 2.13x | NT$170.78 Million |
| 2011 | 28.69% | 12.67% | 0.88x | 2.57x | NT$211.66 Million |
| 2012 | 13.98% | 6.68% | 0.84x | 2.49x | NT$43.01 Million |
| 2013 | 12.01% | 7.41% | 0.74x | 2.20x | NT$27.20 Million |
| 2014 | 16.15% | 9.91% | 0.78x | 2.10x | NT$90.51 Million |
| 2015 | 12.83% | 10.23% | 0.64x | 1.96x | NT$43.49 Million |
| 2016 | 11.53% | 8.79% | 0.54x | 2.42x | NT$23.50 Million |
| 2017 | 19.71% | 9.81% | 0.72x | 2.78x | NT$171.08 Million |
| 2018 | 22.13% | 10.89% | 0.88x | 2.30x | NT$237.92 Million |
| 2019 | 9.85% | 9.14% | 0.48x | 2.23x | NT$-2.67 Million |
| 2020 | 20.12% | 17.26% | 0.44x | 2.64x | NT$210.77 Million |
| 2021 | 19.30% | 9.93% | 0.76x | 2.56x | NT$212.57 Million |
| 2022 | 13.62% | 13.21% | 0.49x | 2.11x | NT$83.19 Million |
| 2023 | 0.61% | 0.99% | 0.30x | 2.05x | NT$-198.59 Million |
| 2024 | 4.66% | 4.79% | 0.50x | 1.95x | NT$-142.64 Million |
Industry Comparison
This section compares Ta Liang Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $12,916,814,200
- Average return on equity (ROE) among peers: 12.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ta Liang Technology Co Ltd (3167) | NT$3.08 Billion | 8.28% | 1.45x | $2.40 Billion |
| TECO Electric & Machinery Co Ltd (1504) | $86.44 Billion | 6.74% | 0.47x | $4.61 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $7.69 Billion | 7.44% | 0.72x | $2.31 Billion |
| Anderson Industrial Corp (1528) | $2.50 Billion | -0.60% | 1.23x | $173.61 Million |
| Awea Mechantronic Co Ltd (1530) | $880.43 Million | 29.97% | 1.25x | $78.83 Million |
| Kaulin Mfg (1531) | $3.65 Billion | 4.70% | 0.34x | $74.30 Million |
| Chiu Ting Machinery Co Ltd (1539) | $696.87 Million | 12.97% | 1.46x | $33.26 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.20 Billion | 23.81% | 0.57x | $56.42 Million |
| Sinmag Equipment (1580) | $2.98 Billion | 20.23% | 0.34x | $191.20 Million |
| Goodway Machine Corp (1583) | $6.02 Billion | 4.46% | 1.17x | $160.62 Million |
| Airtac International Group (1590) | $17.11 Billion | 16.60% | 1.05x | $9.17 Billion |
About Ta Liang Technology Co Ltd
Ta Liang Technology Co., Ltd. engages in the manufacture and sale of semiconductor inspection products, PCB routing and drilling machines, resin panel cutters, CNC engraving and milling machines, and glass panel processing machines. It provides PCB routing machines for various applications, including optical modules, mini LED, semiconductor fixtures, mobile phone rigid PCBs, rigid-flex PCBs, and … Read more