FIT Holding Co Ltd
FIT Holding Co., Ltd., together with its subsidiaries, operates in the optoelectronics, communications, and digital imaging industries in Hong Kong, China, the United States, Taiwan, and internationally. The company manufactures and trades in optical instrument components, electronics peripheral components, 3C products, image scanners, and multi-function business machines. It also manufactures an… Read more
FIT Holding Co Ltd (3712) - Net Assets
Latest net assets as of September 2025: NT$7.71 Billion TWD
Based on the latest financial reports, FIT Holding Co Ltd (3712) has net assets worth NT$7.71 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$68.04 Billion) and total liabilities (NT$60.33 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$7.71 Billion |
| % of Total Assets | 11.34% |
| Annual Growth Rate | 27.67% |
| 5-Year Change | 144.07% |
| 10-Year Change | 728.94% |
| Growth Volatility | 54.29 |
FIT Holding Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how FIT Holding 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 FIT Holding Co Ltd (2012–2024)
The table below shows the annual net assets of FIT Holding Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$19.96 Billion | +19.41% |
| 2023-12-31 | NT$16.71 Billion | +13.65% |
| 2022-12-31 | NT$14.71 Billion | +22.64% |
| 2021-12-31 | NT$11.99 Billion | +46.63% |
| 2020-12-31 | NT$8.18 Billion | +19.13% |
| 2019-12-31 | NT$6.86 Billion | -5.21% |
| 2018-12-31 | NT$7.24 Billion | +196.17% |
| 2017-12-31 | NT$2.45 Billion | +1.74% |
| 2016-12-31 | NT$2.40 Billion | -0.18% |
| 2015-12-31 | NT$2.41 Billion | +8.26% |
| 2014-12-31 | NT$2.22 Billion | +88.69% |
| 2013-12-31 | NT$1.18 Billion | +10.70% |
| 2012-12-31 | NT$1.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FIT Holding 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 grown by 714.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.28 Billion | 11.78% |
| Other Components | NT$9.59 Billion | 88.22% |
| Total Equity | NT$10.87 Billion | 100.00% |
FIT Holding Co Ltd Competitors by Market Cap
The table below lists competitors of FIT Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Rightongene Biotechnology Co. Ltd. A
SHG:688217
|
$128.25 Million |
|
CN EVERBRIGHT WATER HD 1
F:BIU2
|
$128.27 Million |
|
Biofarm Bucure
RO:BIO
|
$128.28 Million |
|
Chengdu Dahongli Machinery Co Ltd
SHE:300865
|
$128.29 Million |
|
Air Asia Co Ltd
TW:2630
|
$128.23 Million |
|
Prime US REIT
OTCGREY:KBSUF
|
$128.15 Million |
|
RocKontrol Technology Group Co Ltd
SHG:688051
|
$128.14 Million |
|
Greenpanel Industries Limited
NSE:GREENPANEL
|
$128.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIT Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,519,419,000 to 10,867,877,000, a change of 2,348,458,000 (27.6%).
- Net income of 1,124,070,000 contributed positively to equity growth.
- Dividend payments of 492,484,000 reduced retained earnings.
- Other comprehensive income decreased equity by 409,332,999.
- Other factors increased equity by 2,126,204,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.12 Billion | +10.34% |
| Dividends Paid | NT$492.48 Million | -4.53% |
| Other Comprehensive Income | NT$-409.33 Million | -3.77% |
| Other Changes | NT$2.13 Billion | +19.56% |
| Total Change | NT$- | 27.57% |
Book Value vs Market Value Analysis
This analysis compares FIT Holding 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: 0.55x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.73x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | NT$14.07 | NT$24.40 | x |
| 2013-12-31 | NT$15.47 | NT$24.40 | x |
| 2014-12-31 | NT$27.41 | NT$24.40 | x |
| 2015-12-31 | NT$9.78 | NT$24.40 | x |
| 2016-12-31 | NT$9.76 | NT$24.40 | x |
| 2017-12-31 | NT$25.07 | NT$24.40 | x |
| 2018-12-31 | NT$53.52 | NT$24.40 | x |
| 2019-12-31 | NT$27.23 | NT$24.40 | x |
| 2020-12-31 | NT$28.65 | NT$24.40 | x |
| 2021-12-31 | NT$30.65 | NT$24.40 | x |
| 2022-12-31 | NT$31.80 | NT$24.40 | x |
| 2023-12-31 | NT$34.52 | NT$24.40 | x |
| 2024-12-31 | NT$44.13 | NT$24.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIT Holding Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.34%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.18%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 6.16x
- Recent ROE (10.34%) is above the historical average (6.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.59% | 4.22% | 0.49x | 1.73x | NT$-66.37 Million |
| 2013 | 9.88% | 10.37% | 0.58x | 1.65x | NT$-1.46 Million |
| 2014 | 8.05% | 12.79% | 0.45x | 1.40x | NT$-43.46 Million |
| 2015 | 11.96% | 15.82% | 0.51x | 1.48x | NT$47.10 Million |
| 2016 | 10.56% | 12.76% | 0.56x | 1.47x | NT$13.55 Million |
| 2017 | 10.03% | 14.25% | 0.46x | 1.53x | NT$808.10K |
| 2018 | -2.32% | -5.08% | 0.21x | 2.17x | NT$-883.88 Million |
| 2019 | -2.94% | -2.23% | 0.49x | 2.72x | NT$-867.46 Million |
| 2020 | 2.55% | 2.55% | 0.31x | 3.23x | NT$-526.08 Million |
| 2021 | 8.26% | 5.57% | 0.46x | 3.24x | NT$-131.48 Million |
| 2022 | 6.72% | 4.39% | 0.37x | 4.11x | NT$-258.08 Million |
| 2023 | 6.67% | 3.26% | 0.39x | 5.20x | NT$-284.03 Million |
| 2024 | 10.34% | 4.18% | 0.40x | 6.16x | NT$37.28 Million |
Industry Comparison
This section compares FIT Holding Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FIT Holding Co Ltd (3712) | NT$7.71 Billion | 3.59% | 7.82x | $128.24 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |