TAIDOC TECHNOLOGY CORP (4736) - Net Assets
Based on the latest financial reports, TAIDOC TECHNOLOGY CORP (4736) has net assets worth NT$10.12 Billion TWD (≈ $318.98 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$12.78 Billion ≈ $402.78 Million USD) and total liabilities (NT$2.66 Billion ≈ $83.80 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 TAIDOC TECHNOLOGY CORP (4736) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.12 Billion |
| % of Total Assets | 79.19% |
| Annual Growth Rate | 11.79% |
| 5-Year Change | 32.61% |
| 10-Year Change | 229.17% |
| Growth Volatility | 15.1 |
TAIDOC TECHNOLOGY CORP - Net Assets Trend (2009–2025)
This chart illustrates how TAIDOC TECHNOLOGY CORP's net assets have evolved over time, based on quarterly financial data. Also explore total assets of TAIDOC TECHNOLOGY CORP for the complete picture of this company's asset base.
Annual Net Assets for TAIDOC TECHNOLOGY CORP (2009–2025)
The table below shows the annual net assets of TAIDOC TECHNOLOGY CORP from 2009 to 2025. For live valuation and market cap data, see TAIDOC TECHNOLOGY CORP market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | NT$10.12 Billion ≈ $318.98 Million |
+6.32% |
| 2024-09-30 | NT$9.52 Billion ≈ $300.01 Million |
+2.85% |
| 2023-09-30 | NT$9.26 Billion ≈ $291.71 Million |
-7.36% |
| 2022-09-30 | NT$9.99 Billion ≈ $314.89 Million |
+30.92% |
| 2021-09-30 | NT$7.63 Billion ≈ $240.53 Million |
+15.31% |
| 2020-09-30 | NT$6.62 Billion ≈ $208.59 Million |
+46.77% |
| 2019-09-30 | NT$4.51 Billion ≈ $142.12 Million |
+12.13% |
| 2018-09-30 | NT$4.02 Billion ≈ $126.75 Million |
+26.55% |
| 2017-09-30 | NT$3.18 Billion ≈ $100.15 Million |
+3.36% |
| 2016-09-30 | NT$3.08 Billion ≈ $96.90 Million |
+5.56% |
| 2015-09-30 | NT$2.91 Billion ≈ $91.80 Million |
+17.06% |
| 2014-09-30 | NT$2.49 Billion ≈ $78.42 Million |
+17.79% |
| 2013-09-30 | NT$2.11 Billion ≈ $66.57 Million |
+7.83% |
| 2012-09-30 | NT$1.96 Billion ≈ $61.74 Million |
-4.62% |
| 2011-09-30 | NT$2.05 Billion ≈ $64.73 Million |
-9.36% |
| 2010-09-30 | NT$2.27 Billion ≈ $71.41 Million |
+33.25% |
| 2009-09-30 | NT$1.70 Billion ≈ $53.59 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TAIDOC TECHNOLOGY CORP'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 879.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.46 Billion | 55.85% |
| Common Stock | NT$953.74 Million | 9.75% |
| Other Components | NT$3.37 Billion | 34.41% |
| Total Equity | NT$9.79 Billion | 100.00% |
TAIDOC TECHNOLOGY CORP Competitors by Market Cap
The table below lists competitors of TAIDOC TECHNOLOGY CORP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EVN Finance JSC
VN:EVF
|
$375.66 Million |
|
GEM Services Inc
TW:6525
|
$375.67 Million |
|
E. W. Scripps Co Class A
NASDAQ:SSP
|
$375.69 Million |
|
Vigil Neuroscience Inc
NASDAQ:VIGL
|
$375.71 Million |
|
Asia Aviation Public Company Limited
F:55AA
|
$375.58 Million |
|
Road Environment Technology Co. Ltd. A
SHG:688156
|
$375.52 Million |
|
RBB Bancorp
NASDAQ:RBB
|
$375.43 Million |
|
Kamada
TA:KMDA
|
$375.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TAIDOC TECHNOLOGY CORP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,085,827,000 to 9,785,652,000, a change of 699,825,000 (7.7%).
- Net income of 1,441,815,000 contributed positively to equity growth.
- Dividend payments of 925,744,000 reduced retained earnings.
- Other factors increased equity by 183,754,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.44 Billion | +14.73% |
| Dividends Paid | NT$925.74 Million | -9.46% |
| Other Changes | NT$183.75 Million | +1.88% |
| Total Change | NT$- | 7.70% |
Book Value vs Market Value Analysis
This analysis compares TAIDOC TECHNOLOGY CORP'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: 1.24x
- 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 4.77x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-09-30 | NT$26.22 | NT$125.00 | x |
| 2010-09-30 | NT$33.20 | NT$125.00 | x |
| 2011-09-30 | NT$27.20 | NT$125.00 | x |
| 2012-09-30 | NT$26.50 | NT$125.00 | x |
| 2013-09-30 | NT$27.76 | NT$125.00 | x |
| 2014-09-30 | NT$30.60 | NT$125.00 | x |
| 2015-09-30 | NT$34.48 | NT$125.00 | x |
| 2016-09-30 | NT$35.95 | NT$125.00 | x |
| 2017-09-30 | NT$36.49 | NT$125.00 | x |
| 2018-09-30 | NT$46.34 | NT$125.00 | x |
| 2019-09-30 | NT$49.75 | NT$125.00 | x |
| 2020-09-30 | NT$68.96 | NT$125.00 | x |
| 2021-09-30 | NT$77.08 | NT$125.00 | x |
| 2022-09-30 | NT$100.30 | NT$125.00 | x |
| 2023-09-30 | NT$92.95 | NT$125.00 | x |
| 2024-09-30 | NT$94.90 | NT$125.00 | x |
| 2025-09-30 | NT$101.12 | NT$125.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TAIDOC TECHNOLOGY CORP 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): 14.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.30%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.31x
- Recent ROE (14.73%) is below the historical average (17.54%), 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 | 25.58% | 18.91% | 0.80x | 1.70x | NT$243.75 Million |
| 2010 | 9.79% | 9.90% | 0.68x | 1.44x | NT$-4.41 Million |
| 2011 | 11.16% | 10.64% | 0.67x | 1.56x | NT$22.51 Million |
| 2012 | 8.71% | 6.69% | 0.79x | 1.65x | NT$-23.99 Million |
| 2013 | 17.01% | 14.87% | 0.72x | 1.58x | NT$141.25 Million |
| 2014 | 17.75% | 16.96% | 0.64x | 1.64x | NT$186.78 Million |
| 2015 | 15.71% | 16.88% | 0.61x | 1.53x | NT$161.83 Million |
| 2016 | 16.44% | 15.54% | 0.62x | 1.70x | NT$191.66 Million |
| 2017 | 13.93% | 12.71% | 0.55x | 1.99x | NT$119.97 Million |
| 2018 | 22.62% | 20.17% | 0.58x | 1.94x | NT$489.10 Million |
| 2019 | 15.20% | 16.04% | 0.53x | 1.79x | NT$226.98 Million |
| 2020 | 23.67% | 25.77% | 0.64x | 1.43x | NT$878.69 Million |
| 2021 | 26.72% | 30.42% | 0.62x | 1.42x | NT$1.24 Billion |
| 2022 | 34.99% | 35.14% | 0.75x | 1.33x | NT$2.42 Billion |
| 2023 | 11.43% | 21.17% | 0.40x | 1.34x | NT$127.28 Million |
| 2024 | 12.75% | 24.97% | 0.38x | 1.35x | NT$250.19 Million |
| 2025 | 14.73% | 34.30% | 0.33x | 1.31x | NT$463.25 Million |
Industry Comparison
This section compares TAIDOC TECHNOLOGY CORP's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $1,521,201,000
- Average return on equity (ROE) among peers: 6.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TAIDOC TECHNOLOGY CORP (4736) | NT$10.12 Billion | 25.58% | 0.26x | $375.60 Million |
| Hi-Clearance (1788) | $1.63 Billion | 15.45% | 0.61x | $190.76 Million |
| Radiant Innovation (3373) | $1.02 Billion | 2.81% | 0.09x | $25.35 Million |
| Wellell Inc (4106) | $1.31 Billion | 13.81% | 0.24x | $70.90 Million |
| Rossmax International Ltd (4121) | $1.34 Billion | 1.24% | 0.71x | $38.32 Million |
| United Orthopedic (4129) | $2.93 Billion | 3.48% | 0.91x | $298.97 Million |
| Dynamic Medical Technologies (4138) | $1.47 Billion | 7.66% | 0.52x | $70.45 Million |
| Ok Biotech Co Ltd (4155) | $2.40 Billion | 0.12% | 0.28x | $59.00 Million |
| Bioptik Technology (4161) | $717.83 Million | 6.76% | 1.11x | $44.28 Million |
| AViTA Corporation (4735) | $888.28 Million | 4.81% | 0.39x | $36.39 Million |
About TAIDOC TECHNOLOGY CORP
TaiDoc Technology Corporation manufactures and markets medical devices in Taiwan and internationally. The company offers In vitro diagnostics products, including multiple parameter monitoring systems, point of care testing devices, and lancet and lancing devices; vet health care products comprise blood glucose and calcium meters, and blood ketone meters; and medical devices, such as nebulizers, t… Read more