Tainergy Tech Co Ltd (4934) - Net Assets
Based on the latest financial reports, Tainergy Tech Co Ltd (4934) has net assets worth NT$1.74 Billion TWD (≈ $54.97 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.39 Billion ≈ $75.15 Million USD) and total liabilities (NT$640.67 Million ≈ $20.18 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 4934 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.74 Billion |
| % of Total Assets | 73.14% |
| Annual Growth Rate | -0.69% |
| 5-Year Change | -4.72% |
| 10-Year Change | -68.24% |
| Growth Volatility | 31.99 |
Tainergy Tech Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Tainergy Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Tainergy Tech Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Tainergy Tech Co Ltd (2009–2024)
The table below shows the annual net assets of Tainergy Tech Co Ltd from 2009 to 2024. For live valuation and market cap data, see market cap of Tainergy Tech Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.69 Billion ≈ $53.38 Million |
-26.03% |
| 2023-12-31 | NT$2.29 Billion ≈ $72.17 Million |
-8.64% |
| 2022-12-31 | NT$2.51 Billion ≈ $78.99 Million |
+38.77% |
| 2021-12-31 | NT$1.81 Billion ≈ $56.92 Million |
+1.60% |
| 2020-12-31 | NT$1.78 Billion ≈ $56.03 Million |
-1.13% |
| 2019-12-31 | NT$1.80 Billion ≈ $56.67 Million |
-22.70% |
| 2018-12-31 | NT$2.33 Billion ≈ $73.31 Million |
-45.31% |
| 2017-12-31 | NT$4.25 Billion ≈ $134.03 Million |
-19.86% |
| 2016-12-31 | NT$5.31 Billion ≈ $167.24 Million |
-0.51% |
| 2015-12-31 | NT$5.34 Billion ≈ $168.10 Million |
+19.25% |
| 2014-12-31 | NT$4.47 Billion ≈ $140.96 Million |
+32.94% |
| 2013-12-31 | NT$3.37 Billion ≈ $106.03 Million |
+26.93% |
| 2012-12-31 | NT$2.65 Billion ≈ $83.53 Million |
-17.49% |
| 2011-12-31 | NT$3.21 Billion ≈ $101.24 Million |
-9.20% |
| 2010-12-31 | NT$3.54 Billion ≈ $111.51 Million |
+88.14% |
| 2009-12-31 | NT$1.88 Billion ≈ $59.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tainergy Tech 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 43526800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$2.25 Billion | 133.97% |
| Other Comprehensive Income | NT$-447.44 Million | -26.64% |
| Other Components | NT$342.93 Million | 20.42% |
| Total Equity | NT$1.68 Billion | 100.00% |
Tainergy Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Tainergy Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magyar Bancorp Inc
NASDAQ:MGYR
|
$112.72 Million |
|
GAMCO Natural Resources Gold and Income Closed Fund
NYSE:GNT
|
$112.74 Million |
|
C I Systems
TA:CISY
|
$112.75 Million |
|
CASH CONVERTERS INTL
F:UKC
|
$112.81 Million |
|
PYRUM INNOV.AG NA O.N.
F:PYR
|
$112.66 Million |
|
Western Forest Products Inc
TO:WEF
|
$112.66 Million |
|
Tamil Nadu Newsprint & Papers Limited
NSE:TNPL
|
$112.62 Million |
|
Victek Co. Ltd
KQ:065450
|
$112.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tainergy Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,112,330,000 to 1,679,463,000, a change of -432,867,000 (-20.5%).
- Net loss of 466,522,000 reduced equity.
- Other comprehensive income increased equity by 33,155,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-466.52 Million | -27.78% |
| Other Comprehensive Income | NT$33.16 Million | +1.97% |
| Other Changes | NT$500.00K | +0.03% |
| Total Change | NT$- | -20.49% |
Book Value vs Market Value Analysis
This analysis compares Tainergy Tech 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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.47x to 2.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$33.84 | NT$15.90 | x |
| 2010-12-31 | NT$58.36 | NT$15.90 | x |
| 2011-12-31 | NT$41.35 | NT$15.90 | x |
| 2012-12-31 | NT$23.85 | NT$15.90 | x |
| 2013-12-31 | NT$28.14 | NT$15.90 | x |
| 2014-12-31 | NT$29.61 | NT$15.90 | x |
| 2015-12-31 | NT$30.82 | NT$15.90 | x |
| 2016-12-31 | NT$27.19 | NT$15.90 | x |
| 2017-12-31 | NT$21.04 | NT$15.90 | x |
| 2018-12-31 | NT$11.51 | NT$15.90 | x |
| 2019-12-31 | NT$8.90 | NT$15.90 | x |
| 2020-12-31 | NT$8.88 | NT$15.90 | x |
| 2021-12-31 | NT$8.23 | NT$15.90 | x |
| 2022-12-31 | NT$9.66 | NT$15.90 | x |
| 2023-12-31 | NT$9.39 | NT$15.90 | x |
| 2024-12-31 | NT$7.46 | NT$15.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tainergy Tech Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -27.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -126.86%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.51x
- Recent ROE (-27.78%) is below the historical average (-16.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -4.81% | -6.08% | 0.33x | 2.40x | NT$-278.55 Million |
| 2010 | 14.63% | 11.24% | 0.67x | 1.93x | NT$163.73 Million |
| 2011 | -18.77% | -15.27% | 0.55x | 2.24x | NT$-924.46 Million |
| 2012 | -54.82% | -38.86% | 0.55x | 2.58x | NT$-1.72 Billion |
| 2013 | 6.49% | 4.25% | 0.76x | 2.03x | NT$-118.01 Million |
| 2014 | 3.92% | 2.67% | 0.91x | 1.60x | NT$-272.22 Million |
| 2015 | 6.25% | 4.26% | 0.98x | 1.50x | NT$-200.29 Million |
| 2016 | -5.54% | -4.00% | 0.96x | 1.44x | NT$-824.77 Million |
| 2017 | -22.37% | -15.95% | 0.82x | 1.72x | NT$-1.38 Billion |
| 2018 | -79.26% | -67.62% | 0.54x | 2.17x | NT$-2.08 Billion |
| 2019 | -26.91% | -20.78% | 0.56x | 2.32x | NT$-663.87 Million |
| 2020 | -0.30% | -0.24% | 0.56x | 2.22x | NT$-182.92 Million |
| 2021 | -54.69% | -58.51% | 0.39x | 2.38x | NT$-1.10 Billion |
| 2022 | -1.69% | -1.65% | 0.65x | 1.57x | NT$-254.04 Million |
| 2023 | -1.35% | -1.33% | 0.71x | 1.44x | NT$-239.81 Million |
| 2024 | -27.78% | -126.86% | 0.15x | 1.51x | NT$-634.47 Million |
Industry Comparison
This section compares Tainergy Tech Co Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $5,455,622,875
- Average return on equity (ROE) among peers: 1.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tainergy Tech Co Ltd (4934) | NT$1.74 Billion | -4.81% | 0.37x | $112.71 Million |
| Gigastorage Corp (2406) | $5.85 Billion | 13.57% | 0.25x | $337.74 Million |
| United Renewable Energy Co Ltd (3576) | $5.51 Billion | 15.10% | 0.99x | $820.01 Million |
| Danen Technology Corp (3686) | $5.01 Billion | -10.72% | 0.10x | $41.45 Million |
| Gigasolar Materials (3691) | $5.36 Billion | 3.53% | 1.30x | $341.59 Million |
| Hsinjing Holding Co Ltd (3713) | $668.40 Million | -3.17% | 3.10x | $41.21 Million |
| Motech Industries Co Ltd (6244) | $14.52 Billion | -4.39% | 1.31x | $334.11 Million |
| TSEC Corp (6443) | $3.23 Billion | -6.21% | 1.43x | $571.11 Million |
| ANJI Technology Co. Ltd (6477) | $3.50 Billion | 4.27% | 1.25x | $130.26 Million |
About Tainergy Tech Co Ltd
Tainergy Tech Co., Ltd., together with its subsidiaries, engages in the research, design, manufacture, and sale of solar cells, panels, and related systems in Taiwan, China, Hong Kong, Vietnam, India, the United States, Canada, and internationally. It also offers silicon carbide, contact lens, and customized products, as well as power generation systems. In addition, the company manufactures and … Read more