Taimide Tech Inc
Taimide Tech. Inc., together with its subsidiaries, manufacture and sells polyimide films in Taiwan, Mainland China, South Korea, Japan, the United States, and internationally. The company offers various polyimide films for use in flexible printed circuit boards (PCBs), cover lays, stiffeners, composited PIs, 3L FCCLs, general industries, heat-resistant and pressure-sensitive tapes, rigid-flex PC… Read more
Taimide Tech Inc (3645) - Net Assets
Latest net assets as of September 2025: NT$3.23 Billion TWD
Based on the latest financial reports, Taimide Tech Inc (3645) has net assets worth NT$3.23 Billion 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$5.05 Billion) and total liabilities (NT$1.82 Billion). 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$3.23 Billion |
| % of Total Assets | 64.04% |
| Annual Growth Rate | 8.78% |
| 5-Year Change | 7.89% |
| 10-Year Change | 49.54% |
| Growth Volatility | 15.96 |
Taimide Tech Inc - Net Assets Trend (2008–2024)
This chart illustrates how Taimide Tech Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taimide Tech Inc (2008–2024)
The table below shows the annual net assets of Taimide Tech Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.01 Billion | +6.71% |
| 2023-12-31 | NT$2.82 Billion | -7.24% |
| 2022-12-31 | NT$3.04 Billion | +4.74% |
| 2021-12-31 | NT$2.90 Billion | +4.06% |
| 2020-12-31 | NT$2.79 Billion | +14.55% |
| 2019-12-31 | NT$2.43 Billion | -2.55% |
| 2018-12-31 | NT$2.50 Billion | +9.18% |
| 2017-12-31 | NT$2.29 Billion | +6.16% |
| 2016-12-31 | NT$2.15 Billion | +7.11% |
| 2015-12-31 | NT$2.01 Billion | -0.24% |
| 2014-12-31 | NT$2.01 Billion | +11.65% |
| 2013-12-31 | NT$1.80 Billion | -1.46% |
| 2012-12-31 | NT$1.83 Billion | +3.76% |
| 2011-12-31 | NT$1.76 Billion | +52.18% |
| 2010-12-31 | NT$1.16 Billion | +46.91% |
| 2009-12-31 | NT$789.40 Million | +0.98% |
| 2008-12-31 | NT$781.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taimide Tech 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 grown by 80719200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$807.19 Million | 26.88% |
| Other Components | NT$2.20 Billion | 73.12% |
| Total Equity | NT$3.00 Billion | 100.00% |
Taimide Tech Inc Competitors by Market Cap
The table below lists competitors of Taimide Tech Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PAN Group JSC
VN:PAN
|
$231.96 Million |
|
Duzhe Publishing & Media Corp
SHG:603999
|
$231.98 Million |
|
APAQ Technology Co Ltd
TW:6449
|
$232.04 Million |
|
Citi Trends Inc
NASDAQ:CTRN
|
$232.07 Million |
|
Worldex Industry & Trading Co. Ltd
KQ:101160
|
$231.87 Million |
|
ARTS Group Co Ltd
SHG:603017
|
$231.84 Million |
|
Hillstone Networks Co Ltd
SHG:688030
|
$231.84 Million |
|
BAF Viet Nam Agriculture JSC
VN:BAF
|
$231.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taimide Tech Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,805,752,000 to 3,002,614,000, a change of 196,862,000 (7.0%).
- Net income of 236,353,000 contributed positively to equity growth.
- Dividend payments of 39,662,000 reduced retained earnings.
- Other comprehensive income decreased equity by 102,073,999.
- Other factors increased equity by 102,244,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$236.35 Million | +7.87% |
| Dividends Paid | NT$39.66 Million | -1.32% |
| Other Comprehensive Income | NT$-102.07 Million | -3.4% |
| Other Changes | NT$102.24 Million | +3.41% |
| Total Change | NT$- | 7.02% |
Book Value vs Market Value Analysis
This analysis compares Taimide Tech 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: 3.65x
- 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 10.99x to 3.65x 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$7.54 | NT$82.90 | x |
| 2010-12-31 | NT$10.69 | NT$82.90 | x |
| 2011-12-31 | NT$14.71 | NT$82.90 | x |
| 2012-12-31 | NT$13.84 | NT$82.90 | x |
| 2013-12-31 | NT$13.69 | NT$82.90 | x |
| 2014-12-31 | NT$15.07 | NT$82.90 | x |
| 2015-12-31 | NT$15.09 | NT$82.90 | x |
| 2016-12-31 | NT$16.30 | NT$82.90 | x |
| 2017-12-31 | NT$17.42 | NT$82.90 | x |
| 2018-12-31 | NT$18.96 | NT$82.90 | x |
| 2019-12-31 | NT$18.82 | NT$82.90 | x |
| 2020-12-31 | NT$21.17 | NT$82.90 | x |
| 2021-12-31 | NT$21.94 | NT$82.90 | x |
| 2022-12-31 | NT$22.72 | NT$82.90 | x |
| 2023-12-31 | NT$21.26 | NT$82.90 | x |
| 2024-12-31 | NT$22.71 | NT$82.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taimide Tech Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.52%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.65x
- Recent ROE (7.87%) is below the historical average (8.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.97% | 1.52% | 0.46x | 1.39x | NT$-71.28 Million |
| 2010 | 17.27% | 24.41% | 0.59x | 1.21x | NT$84.34 Million |
| 2011 | 12.43% | 25.26% | 0.38x | 1.29x | NT$42.82 Million |
| 2012 | 9.78% | 17.41% | 0.37x | 1.50x | NT$-3.96 Million |
| 2013 | 5.58% | 10.27% | 0.37x | 1.47x | NT$-78.59 Million |
| 2014 | 12.16% | 16.34% | 0.44x | 1.71x | NT$42.39 Million |
| 2015 | 8.10% | 10.87% | 0.43x | 1.74x | NT$-37.44 Million |
| 2016 | 10.21% | 12.57% | 0.51x | 1.59x | NT$4.56 Million |
| 2017 | 12.73% | 14.99% | 0.54x | 1.57x | NT$62.11 Million |
| 2018 | 15.79% | 17.41% | 0.56x | 1.62x | NT$144.73 Million |
| 2019 | 4.35% | 6.06% | 0.37x | 1.95x | NT$-138.52 Million |
| 2020 | 12.91% | 17.83% | 0.40x | 1.83x | NT$80.84 Million |
| 2021 | 10.45% | 12.68% | 0.45x | 1.84x | NT$12.93 Million |
| 2022 | 4.94% | 7.87% | 0.36x | 1.73x | NT$-152.37 Million |
| 2023 | -4.96% | -8.74% | 0.33x | 1.72x | NT$-419.84 Million |
| 2024 | 7.87% | 10.52% | 0.45x | 1.65x | NT$-63.91 Million |
Industry Comparison
This section compares Taimide Tech Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taimide Tech Inc (3645) | NT$3.23 Billion | 0.97% | 0.56x | $231.88 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |