Favite Inc (3535) - Net Assets
Based on the latest financial reports, Favite Inc (3535) has net assets worth NT$1.12 Billion TWD (≈ $35.42 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.63 Billion ≈ $51.43 Million USD) and total liabilities (NT$508.18 Million ≈ $16.01 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 3535 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.12 Billion |
| % of Total Assets | 68.87% |
| Annual Growth Rate | -1.12% |
| 5-Year Change | 6.53% |
| 10-Year Change | 10.31% |
| Growth Volatility | 12.2 |
Favite Inc - Net Assets Trend (2008–2025)
This chart illustrates how Favite Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Favite Inc.
Annual Net Assets for Favite Inc (2008–2025)
The table below shows the annual net assets of Favite Inc from 2008 to 2025. Also explore 3535 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.03 Billion ≈ $32.60 Million |
-10.79% |
| 2024-12-31 | NT$1.16 Billion ≈ $36.54 Million |
+5.18% |
| 2023-12-31 | NT$1.10 Billion ≈ $34.74 Million |
-9.29% |
| 2022-12-31 | NT$1.22 Billion ≈ $38.30 Million |
+25.17% |
| 2021-12-31 | NT$971.19 Million ≈ $30.60 Million |
+11.03% |
| 2020-12-31 | NT$874.71 Million ≈ $27.56 Million |
-13.84% |
| 2019-12-31 | NT$1.02 Billion ≈ $31.98 Million |
+12.86% |
| 2018-12-31 | NT$899.51 Million ≈ $28.34 Million |
+10.23% |
| 2017-12-31 | NT$816.03 Million ≈ $25.71 Million |
-13.00% |
| 2016-12-31 | NT$937.94 Million ≈ $29.55 Million |
+0.49% |
| 2015-12-31 | NT$933.38 Million ≈ $29.41 Million |
+5.82% |
| 2014-12-31 | NT$882.05 Million ≈ $27.79 Million |
-4.31% |
| 2013-12-31 | NT$921.78 Million ≈ $29.04 Million |
-11.57% |
| 2012-12-31 | NT$1.04 Billion ≈ $32.84 Million |
-16.30% |
| 2011-12-31 | NT$1.25 Billion ≈ $39.24 Million |
-12.80% |
| 2010-12-31 | NT$1.43 Billion ≈ $45.00 Million |
+17.14% |
| 2009-12-31 | NT$1.22 Billion ≈ $38.41 Million |
-2.66% |
| 2008-12-31 | NT$1.25 Billion ≈ $39.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Favite 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 72.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$88.71 Million | 8.57% |
| Common Stock | NT$790.52 Million | 76.41% |
| Other Comprehensive Income | NT$72.89 Million | 7.05% |
| Other Components | NT$82.52 Million | 7.98% |
| Total Equity | NT$1.03 Billion | 100.00% |
Favite Inc Competitors by Market Cap
The table below lists competitors of Favite Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coastal Contracts Bhd
KLSE:5071
|
$220.25 Million |
|
Exco Technologies Limited
TO:XTC
|
$220.25 Million |
|
Appen Ltd
AU:APX
|
$220.40 Million |
|
Clearwater Paper Corporation
NYSE:CLW
|
$220.43 Million |
|
Global Green Chemicals Public Company Limited
BK:GGC
|
$220.16 Million |
|
Evans Bancorp Inc
NYSE MKT:EVBN
|
$220.08 Million |
|
Crane Harbor Acquisition Corp. - Class A Ordinary Shares
NASDAQ:CHAC
|
$220.06 Million |
|
Taj GVK Hotels & Resorts Limited
NSE:TAJGVK
|
$219.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Favite Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,159,810,000 to 1,034,638,999, a change of -125,171,001 (-10.8%).
- Net loss of 84,299,000 reduced equity.
- Dividend payments of 39,526,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,890,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-84.30 Million | -8.15% |
| Dividends Paid | NT$39.53 Million | -3.82% |
| Other Comprehensive Income | NT$1.89 Million | +0.18% |
| Other Changes | NT$-3.24 Million | -0.31% |
| Total Change | NT$- | -10.79% |
Book Value vs Market Value Analysis
This analysis compares Favite 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: 6.75x
- 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 increased from 5.65x to 6.75x 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$15.64 | NT$88.40 | x |
| 2010-12-31 | NT$17.86 | NT$88.40 | x |
| 2011-12-31 | NT$15.80 | NT$88.40 | x |
| 2012-12-31 | NT$13.26 | NT$88.40 | x |
| 2013-12-31 | NT$11.73 | NT$88.40 | x |
| 2014-12-31 | NT$11.22 | NT$88.40 | x |
| 2015-12-31 | NT$10.21 | NT$88.40 | x |
| 2016-12-31 | NT$11.91 | NT$88.40 | x |
| 2017-12-31 | NT$10.33 | NT$88.40 | x |
| 2018-12-31 | NT$11.37 | NT$88.40 | x |
| 2019-12-31 | NT$12.74 | NT$88.40 | x |
| 2020-12-31 | NT$11.07 | NT$88.40 | x |
| 2021-12-31 | NT$12.22 | NT$88.40 | x |
| 2022-12-31 | NT$15.02 | NT$88.40 | x |
| 2023-12-31 | NT$13.95 | NT$88.40 | x |
| 2024-12-31 | NT$14.65 | NT$88.40 | x |
| 2025-12-31 | NT$13.09 | NT$88.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Favite 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): -8.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.33%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.60x
- Recent ROE (-8.15%) is below the historical average (1.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 24.48% | 22.99% | 0.56x | 1.89x | NT$181.42 Million |
| 2009 | -3.76% | -16.75% | 0.15x | 1.47x | NT$-167.78 Million |
| 2010 | 13.70% | 18.86% | 0.51x | 1.44x | NT$52.83 Million |
| 2011 | -5.42% | -13.55% | 0.27x | 1.46x | NT$-191.99 Million |
| 2012 | -19.47% | -62.52% | 0.20x | 1.58x | NT$-307.15 Million |
| 2013 | -12.59% | -27.64% | 0.28x | 1.65x | NT$-208.27 Million |
| 2014 | -4.14% | -4.93% | 0.42x | 2.02x | NT$-124.71 Million |
| 2015 | 5.67% | 5.17% | 0.49x | 2.23x | NT$-40.45 Million |
| 2016 | 0.88% | 0.58% | 0.74x | 2.02x | NT$-85.58 Million |
| 2017 | -15.78% | -12.41% | 0.50x | 2.54x | NT$-210.39 Million |
| 2018 | 9.36% | 5.48% | 0.54x | 3.15x | NT$-5.75 Million |
| 2019 | 11.47% | 6.60% | 0.81x | 2.16x | NT$14.96 Million |
| 2020 | -11.64% | -8.92% | 0.48x | 2.72x | NT$-189.24 Million |
| 2021 | 9.97% | 6.87% | 0.64x | 2.27x | NT$-307.70K |
| 2022 | 23.28% | 19.15% | 0.71x | 1.71x | NT$161.42 Million |
| 2023 | -2.99% | -7.40% | 0.27x | 1.51x | NT$-143.27 Million |
| 2024 | 4.70% | 8.16% | 0.41x | 1.41x | NT$-61.49 Million |
| 2025 | -8.15% | -18.33% | 0.28x | 1.60x | NT$-187.76 Million |
Industry Comparison
This section compares Favite Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $38,430,070,800
- Average return on equity (ROE) among peers: 6.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Favite Inc (3535) | NT$1.12 Billion | 24.48% | 0.45x | $220.17 Million |
| Solytech Enterprise Corp (1471) | $2.24 Billion | 1.01% | 1.36x | $44.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $20.52 Billion |
| Microtek International Inc (2305) | $2.46 Billion | 0.00% | 1.72x | $401.74 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.45 Billion |
| CMC Magnetics Corp (2323) | $18.82 Billion | 9.30% | 0.35x | $333.59 Million |
| Compal Electronics Inc (2324) | $106.53 Billion | 18.58% | 2.15x | $4.90 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.17 Billion | 0.18% | 1.10x | $331.03 Million |
| Ritek Corp (2349) | $63.48 Billion | 4.47% | 0.74x | $226.20 Million |
| Qisda Corp (2352) | $23.42 Billion | 3.03% | 2.87x | $1.44 Billion |
| Acer Inc (2353) | $62.22 Billion | 11.27% | 1.00x | $3.01 Billion |
About Favite Inc
Favite, Inc. engages in the manufacturing and sale of general instruments, precision instruments, and controlled telecommunication radio-frequency devices in Taiwan. The company offers advanced packaging and testing equipment, wafer AOI, and auto AI OM; micro LED and OLED AOI; FPD-LCD; and PCB and IC substrate products. It is also involved in the provision of information software and software des… Read more