HiTi Digital Inc (3494) - Net Assets
Based on the latest financial reports, HiTi Digital Inc (3494) has net assets worth NT$734.45 Million TWD (≈ $23.14 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$1.96 Billion ≈ $61.87 Million USD) and total liabilities (NT$1.23 Billion ≈ $38.73 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 HiTi Digital Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$734.45 Million |
| % of Total Assets | 37.4% |
| Annual Growth Rate | -2.93% |
| 5-Year Change | -33.2% |
| 10-Year Change | -69.36% |
| Growth Volatility | 23.72 |
HiTi Digital Inc - Net Assets Trend (2008–2024)
This chart illustrates how HiTi Digital Inc's net assets have evolved over time, based on quarterly financial data. Also explore 3494 total assets for the complete picture of this company's asset base.
Annual Net Assets for HiTi Digital Inc (2008–2024)
The table below shows the annual net assets of HiTi Digital Inc from 2008 to 2024. For live valuation and market cap data, see market value of HiTi Digital Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$859.78 Million ≈ $27.09 Million |
+46.14% |
| 2023-12-31 | NT$588.34 Million ≈ $18.54 Million |
-31.95% |
| 2022-12-31 | NT$864.53 Million ≈ $27.24 Million |
-16.84% |
| 2021-12-31 | NT$1.04 Billion ≈ $32.75 Million |
-19.23% |
| 2020-12-31 | NT$1.29 Billion ≈ $40.55 Million |
-30.02% |
| 2019-12-31 | NT$1.84 Billion ≈ $57.95 Million |
-11.68% |
| 2018-12-31 | NT$2.08 Billion ≈ $65.61 Million |
-16.48% |
| 2017-12-31 | NT$2.49 Billion ≈ $78.56 Million |
-5.51% |
| 2016-12-31 | NT$2.64 Billion ≈ $83.14 Million |
-5.96% |
| 2015-12-31 | NT$2.81 Billion ≈ $88.41 Million |
-0.68% |
| 2014-12-31 | NT$2.83 Billion ≈ $89.02 Million |
+7.72% |
| 2013-12-31 | NT$2.62 Billion ≈ $82.64 Million |
+18.48% |
| 2012-12-31 | NT$2.21 Billion ≈ $69.75 Million |
-0.03% |
| 2011-12-31 | NT$2.21 Billion ≈ $69.77 Million |
+58.41% |
| 2010-12-31 | NT$1.40 Billion ≈ $44.04 Million |
-1.85% |
| 2009-12-31 | NT$1.42 Billion ≈ $44.88 Million |
+2.96% |
| 2008-12-31 | NT$1.38 Billion ≈ $43.59 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to HiTi Digital 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 decreased by 278.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$948.00 Million | 126.00% |
| Other Comprehensive Income | NT$-27.67 Million | -3.68% |
| Other Components | NT$137.87 Million | 18.32% |
| Total Equity | NT$752.37 Million | 100.00% |
HiTi Digital Inc Competitors by Market Cap
The table below lists competitors of HiTi Digital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guardian Exploration Inc
V:GX
|
$23.16 Million |
|
Arctic Gold Publ AB
ST:ARCT
|
$23.16 Million |
|
Renrenle Commercial Group Co Ltd
SHE:002336
|
$23.18 Million |
|
Klaria Pharma Holding AB
ST:KLAR
|
$23.19 Million |
|
Matching Maximize Solution Public Company Limited
BK:MATCH
|
$23.14 Million |
|
Anteotech Ltd
AU:ADO
|
$23.14 Million |
|
Reading International Inc
NASDAQ:RDI
|
$23.14 Million |
|
Patentus SA
WAR:PAT
|
$23.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HiTi Digital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 449,984,000 to 752,367,000, a change of 302,383,000 (67.2%).
- Net loss of 124,773,000 reduced equity.
- New share issuances of 425,100,000 increased equity.
- Other comprehensive income increased equity by 2,056,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-124.77 Million | -16.58% |
| Share Issuances | NT$425.10 Million | +56.5% |
| Other Comprehensive Income | NT$2.06 Million | +0.27% |
| Total Change | NT$- | 67.20% |
Book Value vs Market Value Analysis
This analysis compares HiTi Digital 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: 1.19x
- 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 0.45x to 1.19x 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$17.30 | NT$7.75 | x |
| 2010-12-31 | NT$18.18 | NT$7.75 | x |
| 2011-12-31 | NT$19.25 | NT$7.75 | x |
| 2012-12-31 | NT$19.34 | NT$7.75 | x |
| 2013-12-31 | NT$22.35 | NT$7.75 | x |
| 2014-12-31 | NT$20.23 | NT$7.75 | x |
| 2015-12-31 | NT$20.09 | NT$7.75 | x |
| 2016-12-31 | NT$18.59 | NT$7.75 | x |
| 2017-12-31 | NT$15.52 | NT$7.75 | x |
| 2018-12-31 | NT$13.22 | NT$7.75 | x |
| 2019-12-31 | NT$10.73 | NT$7.75 | x |
| 2020-12-31 | NT$7.48 | NT$7.75 | x |
| 2021-12-31 | NT$5.88 | NT$7.75 | x |
| 2022-12-31 | NT$4.26 | NT$7.75 | x |
| 2023-12-31 | NT$3.36 | NT$7.75 | x |
| 2024-12-31 | NT$6.54 | NT$7.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HiTi Digital 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): -16.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.79%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.70x
- Recent ROE (-16.58%) is above the historical average (-17.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 12.20% | 9.95% | 0.89x | 1.38x | NT$30.47 Million |
| 2009 | 10.89% | 8.76% | 0.90x | 1.38x | NT$12.62 Million |
| 2010 | 7.61% | 5.64% | 0.99x | 1.36x | NT$-33.36 Million |
| 2011 | 2.36% | 2.26% | 0.59x | 1.76x | NT$-149.54 Million |
| 2012 | -1.12% | -0.93% | 0.61x | 1.98x | NT$-198.98 Million |
| 2013 | -2.85% | -3.09% | 0.52x | 1.78x | NT$-287.82 Million |
| 2014 | 3.37% | 3.69% | 0.53x | 1.72x | NT$-162.74 Million |
| 2015 | -1.08% | -1.54% | 0.40x | 1.75x | NT$-267.18 Million |
| 2016 | -6.50% | -8.41% | 0.41x | 1.88x | NT$-368.22 Million |
| 2017 | -18.15% | -27.56% | 0.30x | 2.21x | NT$-524.33 Million |
| 2018 | -18.11% | -23.43% | 0.34x | 2.27x | NT$-445.87 Million |
| 2019 | -31.79% | -41.53% | 0.28x | 2.76x | NT$-538.20 Million |
| 2020 | -82.86% | -152.18% | 0.20x | 2.72x | NT$-833.51 Million |
| 2021 | -34.66% | -53.69% | 0.20x | 3.17x | NT$-315.19 Million |
| 2022 | -68.31% | -65.63% | 0.25x | 4.17x | NT$-406.50 Million |
| 2023 | -45.33% | -30.18% | 0.35x | 4.26x | NT$-248.99 Million |
| 2024 | -16.58% | -13.79% | 0.45x | 2.70x | NT$-200.01 Million |
Industry Comparison
This section compares HiTi Digital Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,332,807,700
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HiTi Digital Inc (3494) | NT$734.45 Million | 12.20% | 1.67x | $23.15 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About HiTi Digital Inc
HiTi Digital, Inc. engages in the research and development, manufacturing, distribution, retailing, and investment in office machines, cameras, and related peripheries in Taiwan and internationally. It offers digital printers; chemical material paper products; and software. HiTi Digital, Inc. was formerly known as Hi-Touch Imaging Technologies Co., Ltd. and changed its name to HiTi Digital, Inc. … Read more