TBI Motion Technology Co Ltd (4540) - Net Assets
Based on the latest financial reports, TBI Motion Technology Co Ltd (4540) has net assets worth NT$3.44 Billion TWD (≈ $108.26 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.58 Billion ≈ $238.90 Million USD) and total liabilities (NT$4.15 Billion ≈ $130.65 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 4540 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.44 Billion |
| % of Total Assets | 45.31% |
| Annual Growth Rate | 12.44% |
| 5-Year Change | 5.95% |
| 10-Year Change | 125.08% |
| Growth Volatility | 34.55 |
TBI Motion Technology Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how TBI Motion Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can TBI Motion Technology Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for TBI Motion Technology Co Ltd (2012–2025)
The table below shows the annual net assets of TBI Motion Technology Co Ltd from 2012 to 2025. For live valuation and market cap data, see market cap of TBI Motion Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.45 Billion ≈ $108.67 Million |
+5.17% |
| 2024-12-31 | NT$3.28 Billion ≈ $103.32 Million |
+0.62% |
| 2023-12-31 | NT$3.26 Billion ≈ $102.69 Million |
-6.14% |
| 2022-12-31 | NT$3.47 Billion ≈ $109.40 Million |
+6.66% |
| 2021-12-31 | NT$3.26 Billion ≈ $102.57 Million |
+6.42% |
| 2020-12-31 | NT$3.06 Billion ≈ $96.38 Million |
-1.52% |
| 2019-12-31 | NT$3.11 Billion ≈ $97.87 Million |
-11.65% |
| 2018-12-31 | NT$3.52 Billion ≈ $110.77 Million |
+104.37% |
| 2017-12-31 | NT$1.72 Billion ≈ $54.20 Million |
+12.26% |
| 2016-12-31 | NT$1.53 Billion ≈ $48.28 Million |
+3.11% |
| 2015-12-31 | NT$1.49 Billion ≈ $46.82 Million |
-1.14% |
| 2014-12-31 | NT$1.50 Billion ≈ $47.37 Million |
+6.94% |
| 2013-12-31 | NT$1.41 Billion ≈ $44.29 Million |
+87.15% |
| 2012-12-31 | NT$751.20 Million ≈ $23.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TBI Motion Technology 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 6630100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.13 Billion | 32.78% |
| Other Comprehensive Income | NT$151.15 Million | 4.38% |
| Other Components | NT$2.24 Billion | 64.98% |
| Total Equity | NT$3.45 Billion | 100.00% |
TBI Motion Technology Co Ltd Competitors by Market Cap
The table below lists competitors of TBI Motion Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chesapeake Gold Corp.
V:CKG
|
$216.35 Million |
|
Smartbroker Holding AG
XETRA:SB1
|
$216.48 Million |
|
Gladiator Metals Corp
V:GLAD
|
$216.53 Million |
|
Audix Corp
TW:2459
|
$216.58 Million |
|
TTFB Co Ltd
TWO:2729
|
$216.25 Million |
|
CARGO Therapeutics, Inc. Common Stock
NASDAQ:CRGX
|
$216.19 Million |
|
Shandong Longertek Technology Co Ltd
SHE:300594
|
$216.18 Million |
|
Immersion Corporation
NASDAQ:IMMR
|
$216.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TBI Motion Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,279,581,000 to 3,449,278,000, a change of 169,697,000 (5.2%).
- Net loss of 74,067,000 reduced equity.
- Other comprehensive income decreased equity by 201,548,000.
- Other factors increased equity by 445,312,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-74.07 Million | -2.15% |
| Other Comprehensive Income | NT$-201.55 Million | -5.84% |
| Other Changes | NT$445.31 Million | +12.91% |
| Total Change | NT$- | 5.17% |
Book Value vs Market Value Analysis
This analysis compares TBI Motion Technology 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: 1.94x
- 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 5.18x to 1.94x 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$11.51 | NT$59.60 | x |
| 2013-12-31 | NT$20.49 | NT$59.60 | x |
| 2014-12-31 | NT$17.62 | NT$59.60 | x |
| 2015-12-31 | NT$17.43 | NT$59.60 | x |
| 2016-12-31 | NT$17.96 | NT$59.60 | x |
| 2017-12-31 | NT$20.13 | NT$59.60 | x |
| 2018-12-31 | NT$39.12 | NT$59.60 | x |
| 2019-12-31 | NT$32.13 | NT$59.60 | x |
| 2020-12-31 | NT$32.06 | NT$59.60 | x |
| 2021-12-31 | NT$34.46 | NT$59.60 | x |
| 2022-12-31 | NT$35.65 | NT$59.60 | x |
| 2023-12-31 | NT$34.33 | NT$59.60 | x |
| 2024-12-31 | NT$33.51 | NT$59.60 | x |
| 2025-12-31 | NT$30.74 | NT$59.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TBI Motion Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.89%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.18x
- Recent ROE (-2.15%) is below the historical average (1.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -23.03% | -16.30% | 0.70x | 2.02x | NT$-248.12 Million |
| 2013 | 3.87% | 3.45% | 0.59x | 1.90x | NT$-86.20 Million |
| 2014 | 6.54% | 5.62% | 0.53x | 2.21x | NT$-52.09 Million |
| 2015 | 1.71% | 1.57% | 0.46x | 2.37x | NT$-123.18 Million |
| 2016 | 3.02% | 2.65% | 0.47x | 2.42x | NT$-106.98 Million |
| 2017 | 12.41% | 7.88% | 0.69x | 2.29x | NT$41.43 Million |
| 2018 | 17.68% | 18.18% | 0.59x | 1.65x | NT$269.94 Million |
| 2019 | -1.98% | -2.92% | 0.38x | 1.79x | NT$-372.14 Million |
| 2020 | 2.99% | 3.34% | 0.45x | 2.00x | NT$-214.49 Million |
| 2021 | 7.29% | 7.22% | 0.48x | 2.10x | NT$-88.26 Million |
| 2022 | 8.18% | 8.42% | 0.42x | 2.32x | NT$-63.24 Million |
| 2023 | -3.18% | -4.03% | 0.33x | 2.38x | NT$-429.56 Million |
| 2024 | -14.84% | -21.21% | 0.32x | 2.17x | NT$-814.61 Million |
| 2025 | -2.15% | -2.89% | 0.34x | 2.18x | NT$-418.99 Million |
Industry Comparison
This section compares TBI Motion Technology Co Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,027,838,800
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TBI Motion Technology Co Ltd (4540) | NT$3.44 Billion | -23.03% | 1.21x | $216.29 Million |
| Basso Industry Corp (1527) | $2.57 Billion | 28.00% | 0.39x | $144.94 Million |
| Jenn Feng New Energy Co Ltd (1538) | $1.77 Billion | 2.37% | 1.22x | $12.21 Million |
| Chang Type Industrial Co Ltd (1541) | $1.14 Billion | 11.82% | 1.52x | $52.38 Million |
| Kinik Co (1560) | $3.63 Billion | 12.54% | 0.62x | $3.19 Billion |
| De Poan Pneumatic (1570) | $735.46 Million | 11.36% | 0.20x | $68.47 Million |
| Inmax Holding Co Ltd (1591) | $368.90 Million | 0.51% | 0.70x | $37.34 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $4.39 Billion | 12.27% | 0.42x | $82.75 Million |
| Hiwin Technologies Corp (2049) | $13.67 Billion | 17.59% | 1.22x | $3.62 Billion |
| Sheh Kai Precision Co Ltd (2063) | $919.54 Million | 8.98% | 1.14x | $37.58 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.07 Billion | 3.57% | 0.35x | $69.64 Million |
About TBI Motion Technology Co Ltd
Tbi Motion Technology Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of precision transmission components, ball screws, and linear guides for the automation industry in Taiwan, rest of Asia, Europe, and internationally. The company's products include miniature and self-lubricating series linear guides; ball splines; miniature, finished shaft end, end-caps circulati… Read more