Favite Inc (3535) - Net Assets
Based on the latest financial reports, Favite Inc (3535) has net assets worth NT$1.03 Billion TWD (≈ $32.60 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.65 Billion ≈ $52.02 Million USD) and total liabilities (NT$616.49 Million ≈ $19.42 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 Favite Inc (3535) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.03 Billion |
| % of Total Assets | 62.66% |
| 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. Also explore 3535 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Favite Inc (2008–2025)
The table below shows the annual net assets of Favite Inc from 2008 to 2025. For live valuation and market cap data, see Favite Inc (3535) total market value.
| 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 |
|---|---|
|
RoadMain T Co Ltd
SHG:603860
|
$320.04 Million |
|
Pengana Private Equity Trust
AU:PE1
|
$320.11 Million |
|
Tianyu Ecology & Landscape Co
SHG:603717
|
$320.13 Million |
|
Phihong Technology Co Ltd
TW:2457
|
$320.51 Million |
|
Greenwich Lifesciences Inc
NASDAQ:GLSI
|
$319.90 Million |
|
Bank of Greece
AT:TELL
|
$319.82 Million |
|
Borosil Limited
NSE:BOROLTD
|
$319.62 Million |
|
Orient Cement Limited
NSE:ORIENTCEM
|
$319.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Favite Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,159,810,000 to 1,034,638,999, a change of -125,171,001 (-10.8%).
- Net loss of 84,299,000 reduced equity.
- Dividend payments of 39,526,000 reduced retained earnings.
- Other comprehensive income increased equity by 72,891,000.
- Other factors decreased equity by 74,237,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-84.30 Million | -8.15% |
| Dividends Paid | NT$39.53 Million | -3.82% |
| Other Comprehensive Income | NT$72.89 Million | +7.05% |
| Other Changes | NT$-74.24 Million | -7.18% |
| 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: 9.82x
- 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 8.22x to 9.82x 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$128.50 | x |
| 2010-12-31 | NT$17.86 | NT$128.50 | x |
| 2011-12-31 | NT$15.80 | NT$128.50 | x |
| 2012-12-31 | NT$13.26 | NT$128.50 | x |
| 2013-12-31 | NT$11.73 | NT$128.50 | x |
| 2014-12-31 | NT$11.22 | NT$128.50 | x |
| 2015-12-31 | NT$10.21 | NT$128.50 | x |
| 2016-12-31 | NT$11.91 | NT$128.50 | x |
| 2017-12-31 | NT$10.33 | NT$128.50 | x |
| 2018-12-31 | NT$11.37 | NT$128.50 | x |
| 2019-12-31 | NT$12.74 | NT$128.50 | x |
| 2020-12-31 | NT$11.07 | NT$128.50 | x |
| 2021-12-31 | NT$12.22 | NT$128.50 | x |
| 2022-12-31 | NT$15.02 | NT$128.50 | x |
| 2023-12-31 | NT$13.95 | NT$128.50 | x |
| 2024-12-31 | NT$14.65 | NT$128.50 | x |
| 2025-12-31 | NT$13.09 | NT$128.50 | 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: $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 |
|---|---|---|---|---|
| Favite Inc (3535) | NT$1.03 Billion | 24.48% | 0.60x | $320.04 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 Favite Inc
Favite, Inc. engages in the research and development, manufacture, and sale of automatic optical Inspection (AOI) equipment in Taiwan and China. The company provides automatic optical inspection and measurement equipment for TFT LCD/LTPS/AMOLED display industry. It also offers semiconductors, PCBs, mini/micro-LEDs, and other products. Favite, Inc. was founded in 2000 and is headquartered in Zhube… Read more