Tai Twun Enterprise Co Ltd
Tai Twun Enterprise Co., Ltd. manufactures and sells electronic components comprising electronic and communication terminals and connectors in Taiwan and China. It offers micro-two wheeled vehicles, electric bicycles, and electric motorcycles. Tai Twun Enterprise Co., Ltd. was founded in 1988 and is based in New Taipei City, Taiwan.
Tai Twun Enterprise Co Ltd (3432) - Net Assets
Latest net assets as of September 2025: NT$315.18 Million TWD
Based on the latest financial reports, Tai Twun Enterprise Co Ltd (3432) has net assets worth NT$315.18 Million 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$363.70 Million) and total liabilities (NT$48.52 Million). 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$315.18 Million |
| % of Total Assets | 86.66% |
| Annual Growth Rate | -7.68% |
| 5-Year Change | -77.51% |
| 10-Year Change | -76.94% |
| Growth Volatility | 23.35 |
Tai Twun Enterprise Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Tai Twun Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tai Twun Enterprise Co Ltd (2008–2024)
The table below shows the annual net assets of Tai Twun Enterprise Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$344.18 Million | +30.55% |
| 2023-12-31 | NT$263.64 Million | -40.46% |
| 2022-12-31 | NT$442.80 Million | -72.18% |
| 2021-12-31 | NT$1.59 Billion | +4.01% |
| 2020-12-31 | NT$1.53 Billion | +1.27% |
| 2019-12-31 | NT$1.51 Billion | -0.75% |
| 2018-12-31 | NT$1.52 Billion | +13.44% |
| 2017-12-31 | NT$1.34 Billion | -5.41% |
| 2016-12-31 | NT$1.42 Billion | -4.92% |
| 2015-12-31 | NT$1.49 Billion | -2.01% |
| 2014-12-31 | NT$1.52 Billion | +8.38% |
| 2013-12-31 | NT$1.41 Billion | +0.01% |
| 2012-12-31 | NT$1.41 Billion | -11.72% |
| 2011-12-31 | NT$1.59 Billion | -5.53% |
| 2010-12-31 | NT$1.69 Billion | +21.72% |
| 2009-12-31 | NT$1.38 Billion | +11.98% |
| 2008-12-31 | NT$1.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tai Twun Enterprise 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 decreased by 196.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$422.30 Million | 122.70% |
| Other Comprehensive Income | NT$170.22 Million | 49.46% |
| Other Components | NT$170.87 Million | 49.64% |
| Total Equity | NT$344.18 Million | 100.00% |
Tai Twun Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Tai Twun Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Comms Group Ltd
AU:CCG
|
$9.04 Million |
|
Movano Inc
NASDAQ:MOVE
|
$9.05 Million |
|
Paterson Resources Ltd
AU:PSL
|
$9.05 Million |
|
Fancamp Exploration Ltd.
PINK:FNCJF
|
$9.05 Million |
|
SKY E&M Co. Ltd
KQ:131100
|
$9.04 Million |
|
E-H.(CH)ENT. H. DL-00001
F:1VC
|
$9.04 Million |
|
AXNLF
PINK:AXNLF
|
$9.04 Million |
|
Catenon S.A
MC:COM
|
$9.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tai Twun Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 263,639,000 to 344,182,000, a change of 80,543,000 (30.6%).
- Net loss of 22,349,000 reduced equity.
- New share issuances of 99,992,000 increased equity.
- Other comprehensive income decreased equity by 3,806,001.
- Other factors increased equity by 6,706,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-22.35 Million | -6.49% |
| Share Issuances | NT$99.99 Million | +29.05% |
| Other Comprehensive Income | NT$-3.81 Million | -1.11% |
| Other Changes | NT$6.71 Million | +1.95% |
| Total Change | NT$- | 30.55% |
Book Value vs Market Value Analysis
This analysis compares Tai Twun Enterprise 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: 1.97x
- 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 0.65x to 1.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$25.50 | NT$16.70 | x |
| 2010-12-31 | NT$29.29 | NT$16.70 | x |
| 2011-12-31 | NT$24.26 | NT$16.70 | x |
| 2012-12-31 | NT$21.41 | NT$16.70 | x |
| 2013-12-31 | NT$21.42 | NT$16.70 | x |
| 2014-12-31 | NT$23.01 | NT$16.70 | x |
| 2015-12-31 | NT$22.18 | NT$16.70 | x |
| 2016-12-31 | NT$21.29 | NT$16.70 | x |
| 2017-12-31 | NT$20.16 | NT$16.70 | x |
| 2018-12-31 | NT$22.59 | NT$16.70 | x |
| 2019-12-31 | NT$22.55 | NT$16.70 | x |
| 2020-12-31 | NT$25.14 | NT$16.70 | x |
| 2021-12-31 | NT$23.82 | NT$16.70 | x |
| 2022-12-31 | NT$12.30 | NT$16.70 | x |
| 2023-12-31 | NT$7.32 | NT$16.70 | x |
| 2024-12-31 | NT$8.49 | NT$16.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tai Twun Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -47.39%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.02x
- Recent ROE (-6.49%) is above the historical average (-14.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 8.47% | 4.75% | 1.11x | 1.61x | NT$-18.86 Million |
| 2009 | 11.56% | 7.25% | 1.04x | 1.53x | NT$21.63 Million |
| 2010 | 5.20% | 4.32% | 0.93x | 1.30x | NT$-80.85 Million |
| 2011 | -9.03% | -13.65% | 0.50x | 1.32x | NT$-302.99 Million |
| 2012 | -10.31% | -16.56% | 0.46x | 1.36x | NT$-285.40 Million |
| 2013 | -3.92% | -4.40% | 0.64x | 1.39x | NT$-195.64 Million |
| 2014 | 2.71% | 3.10% | 0.63x | 1.38x | NT$-111.08 Million |
| 2015 | 0.74% | 1.53% | 0.36x | 1.36x | NT$-138.15 Million |
| 2016 | 0.51% | 1.77% | 0.22x | 1.33x | NT$-134.69 Million |
| 2017 | -1.66% | -10.68% | 0.13x | 1.16x | NT$-156.56 Million |
| 2018 | 18.36% | 245.24% | 0.06x | 1.26x | NT$127.36 Million |
| 2019 | 3.00% | 85.16% | 0.03x | 1.32x | NT$-105.78 Million |
| 2020 | 2.13% | 103.25% | 0.02x | 1.15x | NT$-120.49 Million |
| 2021 | 3.58% | 155.13% | 0.02x | 1.12x | NT$-102.20 Million |
| 2022 | -264.28% | -6181.23% | 0.04x | 1.10x | NT$-1.21 Billion |
| 2023 | -8.20% | -130.49% | 0.05x | 1.21x | NT$-47.98 Million |
| 2024 | -6.49% | -47.39% | 0.13x | 1.02x | NT$-56.77 Million |
Industry Comparison
This section compares Tai Twun Enterprise Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tai Twun Enterprise Co Ltd (3432) | NT$315.18 Million | 8.47% | 0.15x | $9.04 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |