Tong-Tai Machine Tool Co Ltd (4526) - Net Assets

Latest as of December 2025: NT$4.84 Billion TWD ≈ $152.55 Million USD

Based on the latest financial reports, Tong-Tai Machine Tool Co Ltd (4526) has net assets worth NT$4.84 Billion TWD (≈ $152.55 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$12.54 Billion ≈ $395.10 Million USD) and total liabilities (NT$7.70 Billion ≈ $242.55 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 4526 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$4.84 Billion
% of Total Assets	38.61%
Annual Growth Rate	6.42%
5-Year Change	-13.94%
10-Year Change	-21.16%
Growth Volatility	15.49

Tong-Tai Machine Tool Co Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Tong-Tai Machine Tool Co Ltd's net assets have evolved over time, based on quarterly financial data. See Tong-Tai Machine Tool Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Tong-Tai Machine Tool Co Ltd (2002–2025)

The table below shows the annual net assets of Tong-Tai Machine Tool Co Ltd from 2002 to 2025. For live valuation and market cap data, see 4526 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	NT$4.84 Billion ≈ $152.55 Million	+9.45%
2024-12-31	NT$4.42 Billion ≈ $139.38 Million	-13.24%
2023-12-31	NT$5.10 Billion ≈ $160.64 Million	-10.14%
2022-12-31	NT$5.67 Billion ≈ $178.77 Million	+0.85%
2021-12-31	NT$5.63 Billion ≈ $177.26 Million	+3.03%
2020-12-31	NT$5.46 Billion ≈ $172.04 Million	-8.87%
2019-12-31	NT$5.99 Billion ≈ $188.78 Million	-2.11%
2018-12-31	NT$6.12 Billion ≈ $192.86 Million	+6.50%
2017-12-31	NT$5.75 Billion ≈ $181.08 Million	-6.41%
2016-12-31	NT$6.14 Billion ≈ $193.48 Million	-4.23%
2015-12-31	NT$6.41 Billion ≈ $202.03 Million	+0.83%
2014-12-31	NT$6.36 Billion ≈ $200.35 Million	+18.02%
2013-12-31	NT$5.39 Billion ≈ $169.76 Million	+3.62%
2012-12-31	NT$5.20 Billion ≈ $163.84 Million	-0.05%
2011-12-31	NT$5.20 Billion ≈ $163.92 Million	+6.96%
2010-12-31	NT$4.86 Billion ≈ $153.25 Million	+10.57%
2009-12-31	NT$4.40 Billion ≈ $138.60 Million	+1.54%
2008-12-31	NT$4.33 Billion ≈ $136.50 Million	+3.05%
2007-12-31	NT$4.20 Billion ≈ $132.45 Million	+12.21%
2006-12-31	NT$3.75 Billion ≈ $118.04 Million	+51.17%
2005-12-31	NT$2.48 Billion ≈ $78.09 Million	+23.22%
2004-12-31	NT$2.01 Billion ≈ $63.37 Million	+44.76%
2003-12-31	NT$1.39 Billion ≈ $43.78 Million	+20.08%
2002-12-31	NT$1.16 Billion ≈ $36.46 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Tong-Tai Machine Tool 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 decreased by 90.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$22.22 Million	0.46%
Common Stock	NT$2.55 Billion	53.22%
Other Components	NT$2.22 Billion	46.32%
Total Equity	NT$4.79 Billion	100.00%

Tong-Tai Machine Tool Co Ltd Competitors by Market Cap

The table below lists competitors of Tong-Tai Machine Tool Co Ltd ranked by their market capitalization.

Company	Market Cap
Digital Imaging Technology INC KQ:110990	$307.05 Million
Chongqing Wanli New Energy Co Ltd SHG:600847	$307.08 Million
CODERE ONLINE LUX. EO 1 F:J9T	$307.34 Million
Alvarium Tiedemann Holdings Inc. NASDAQ:ALTI	$307.39 Million
Rossari Biotech Limited NSE:ROSSARI	$306.92 Million
FS Bancorp Inc NASDAQ:FSBW	$306.89 Million
NEWRON PHARMACEUT. EO-20 XETRA:NP5	$306.87 Million
Berjaya Land Bhd KLSE:4219	$306.86 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tong-Tai Machine Tool Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 4,422,397,000 to 4,788,335,000, a change of 365,938,000 (8.3%).
Net income of 459,008,000 contributed positively to equity growth.
Share repurchases of 76,916,000 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$459.01 Million	+9.59%
Share Repurchases	NT$76.92 Million	-1.61%
Other Changes	NT$-16.15 Million	-0.34%
Total Change	NT$-	8.27%

Book Value vs Market Value Analysis

This analysis compares Tong-Tai Machine Tool 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: 1.99x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 4.53x to 1.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	NT$8.55	NT$38.70	x
2005-12-31	NT$10.15	NT$38.70	x
2006-12-31	NT$15.51	NT$38.70	x
2007-12-31	NT$17.34	NT$38.70	x
2008-12-31	NT$17.62	NT$38.70	x
2009-12-31	NT$17.72	NT$38.70	x
2010-12-31	NT$18.91	NT$38.70	x
2011-12-31	NT$20.16	NT$38.70	x
2012-12-31	NT$19.85	NT$38.70	x
2013-12-31	NT$20.44	NT$38.70	x
2014-12-31	NT$24.21	NT$38.70	x
2015-12-31	NT$22.22	NT$38.70	x
2016-12-31	NT$21.36	NT$38.70	x
2017-12-31	NT$19.90	NT$38.70	x
2018-12-31	NT$21.00	NT$38.70	x
2019-12-31	NT$20.70	NT$38.70	x
2020-12-31	NT$19.16	NT$38.70	x
2021-12-31	NT$19.68	NT$38.70	x
2022-12-31	NT$19.83	NT$38.70	x
2023-12-31	NT$19.98	NT$38.70	x
2024-12-31	NT$17.35	NT$38.70	x
2025-12-31	NT$19.41	NT$38.70	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tong-Tai Machine Tool 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): 9.59%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.56%
• Asset Turnover: 0.43x
• Equity Multiplier: 2.62x
Recent ROE (9.59%) is above the historical average (7.43%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	13.39%	8.55%	0.83x	1.89x	NT$39.19 Million
2003	23.03%	11.29%	0.99x	2.06x	NT$181.08 Million
2004	24.13%	11.17%	1.04x	2.08x	NT$284.19 Million
2005	23.19%	11.72%	0.93x	2.14x	NT$315.22 Million
2006	22.69%	13.89%	0.86x	1.89x	NT$463.22 Million
2007	14.58%	8.30%	0.81x	2.16x	NT$186.95 Million
2008	12.13%	6.69%	0.81x	2.23x	NT$88.17 Million
2009	2.63%	2.73%	0.48x	1.99x	NT$-307.58 Million
2010	13.52%	7.05%	0.74x	2.60x	NT$157.58 Million
2011	12.02%	6.61%	0.74x	2.46x	NT$96.91 Million
2012	4.90%	3.19%	0.65x	2.36x	NT$-239.97 Million
2013	5.89%	3.74%	0.64x	2.48x	NT$-198.29 Million
2014	10.07%	6.38%	0.66x	2.40x	NT$3.81 Million
2015	4.75%	2.95%	0.64x	2.51x	NT$-299.69 Million
2016	1.06%	0.59%	0.65x	2.76x	NT$-487.26 Million
2017	-4.68%	-2.43%	0.55x	3.51x	NT$-744.43 Million
2018	5.81%	2.69%	0.64x	3.36x	NT$-225.49 Million
2019	1.12%	0.54%	0.65x	3.20x	NT$-469.51 Million
2020	-7.10%	-4.46%	0.49x	3.28x	NT$-835.07 Million
2021	3.43%	1.79%	0.60x	3.18x	NT$-330.42 Million
2022	1.79%	1.10%	0.55x	2.94x	NT$-416.13 Million
2023	0.98%	0.66%	0.60x	2.48x	NT$-459.34 Million
2024	-20.51%	-15.80%	0.47x	2.78x	NT$-1.35 Billion
2025	9.59%	8.56%	0.43x	2.62x	NT$-19.83 Million

Industry Comparison

This section compares Tong-Tai Machine Tool Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $8,475,870,800
Average return on equity (ROE) among peers: 8.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tong-Tai Machine Tool Co Ltd (4526)	NT$4.84 Billion	13.39%	1.59x	$307.04 Million
TECO Electric & Machinery Co Ltd (1504)	$38.74 Billion	7.18%	0.82x	$5.07 Billion
Chung-Hsin Electric & Machinery Mfg Corp (1513)	$13.37 Billion	18.21%	2.12x	$2.68 Billion
Anderson Industrial Corp (1528)	$1.60 Billion	1.06%	1.03x	$152.81 Million
Awea Mechantronic Co Ltd (1530)	$3.13 Billion	10.64%	1.48x	$91.05 Million
Kaulin Mfg (1531)	$3.64 Billion	0.82%	0.20x	$74.30 Million
Chiu Ting Machinery Co Ltd (1539)	$793.16 Million	0.00%	1.10x	$32.44 Million
Roundtop Machinery Industries Co Ltd (1540)	$1.29 Billion	-0.28%	0.18x	$59.38 Million
Sinmag Equipment (1580)	$3.37 Billion	18.47%	0.35x	$192.75 Million
Goodway Machine Corp (1583)	$8.41 Billion	14.92%	0.77x	$174.40 Million
Airtac International Group (1590)	$10.41 Billion	13.14%	1.06x	$8.32 Billion

About Tong-Tai Machine Tool Co Ltd

TW:4526 Taiwan Specialty Industrial Machinery

Market Cap

$307.04 Million

NT$9.75 Billion TWD

Market Cap Rank

#14810 Global

#652 in Taiwan

Share Price

NT$38.70

Change (1 day)

+1.71%

52-Week Range

NT$24.70 - NT$44.70

All Time High

NT$44.70