Generalplus Technology Inc (4952) - Net Assets
Based on the latest financial reports, Generalplus Technology Inc (4952) has net assets worth NT$2.08 Billion TWD (≈ $65.60 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$2.80 Billion ≈ $88.26 Million USD) and total liabilities (NT$719.26 Million ≈ $22.66 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 4952 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.08 Billion |
| % of Total Assets | 74.32% |
| Annual Growth Rate | 2.63% |
| 5-Year Change | 6.38% |
| 10-Year Change | 4.95% |
| Growth Volatility | 8.33 |
Generalplus Technology Inc - Net Assets Trend (2009–2024)
This chart illustrates how Generalplus Technology Inc's net assets have evolved over time, based on quarterly financial data. Also explore 4952 asset base for the complete picture of this company's asset base.
Annual Net Assets for Generalplus Technology Inc (2009–2024)
The table below shows the annual net assets of Generalplus Technology Inc from 2009 to 2024. For live valuation and market cap data, see Generalplus Technology Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.24 Billion ≈ $70.69 Million |
+6.13% |
| 2023-12-31 | NT$2.11 Billion ≈ $66.61 Million |
-15.44% |
| 2022-12-31 | NT$2.50 Billion ≈ $78.77 Million |
-0.05% |
| 2021-12-31 | NT$2.50 Billion ≈ $78.80 Million |
+18.58% |
| 2020-12-31 | NT$2.11 Billion ≈ $66.45 Million |
+4.56% |
| 2019-12-31 | NT$2.02 Billion ≈ $63.55 Million |
-3.21% |
| 2018-12-31 | NT$2.08 Billion ≈ $65.66 Million |
-2.57% |
| 2017-12-31 | NT$2.14 Billion ≈ $67.39 Million |
-1.16% |
| 2016-12-31 | NT$2.16 Billion ≈ $68.18 Million |
+1.23% |
| 2015-12-31 | NT$2.14 Billion ≈ $67.35 Million |
+3.60% |
| 2014-12-31 | NT$2.06 Billion ≈ $65.01 Million |
+2.83% |
| 2013-12-31 | NT$2.01 Billion ≈ $63.23 Million |
+10.65% |
| 2012-12-31 | NT$1.81 Billion ≈ $57.14 Million |
-5.44% |
| 2011-12-31 | NT$1.92 Billion ≈ $60.43 Million |
+7.89% |
| 2010-12-31 | NT$1.78 Billion ≈ $56.01 Million |
+16.90% |
| 2009-12-31 | NT$1.52 Billion ≈ $47.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Generalplus Technology Inc'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 4.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$422.41 Million | 18.83% |
| Common Stock | NT$1.09 Billion | 48.50% |
| Other Comprehensive Income | NT$591.26 Million | 26.35% |
| Other Components | NT$141.97 Million | 6.33% |
| Total Equity | NT$2.24 Billion | 100.00% |
Generalplus Technology Inc Competitors by Market Cap
The table below lists competitors of Generalplus Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PROQR THERAPEUTICS EO-04
F:0PQ
|
$159.61 Million |
|
China Wire & Cable Co Ltd
TW:1603
|
$159.64 Million |
|
Welldone Co
TWO:6170
|
$159.65 Million |
|
Ta-Yuan Cogeneration Co Ltd
TWO:8931
|
$159.65 Million |
|
Hanla IMS Co. Ltd
KQ:092460
|
$159.56 Million |
|
La Finca Global Assets SOCIMI S.A.
MC:YLFG
|
$159.48 Million |
|
Song Hong Garment JSC
VN:MSH
|
$159.46 Million |
|
Kindly MD, Inc.
NASDAQ:NAKA
|
$159.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Generalplus Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,114,142,000 to 2,243,797,000, a change of 129,655,000 (6.1%).
- Net income of 246,887,000 contributed positively to equity growth.
- Dividend payments of 141,460,000 reduced retained earnings.
- Other comprehensive income increased equity by 46,228,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$246.89 Million | +11.0% |
| Dividends Paid | NT$141.46 Million | -6.3% |
| Other Comprehensive Income | NT$46.23 Million | +2.06% |
| Other Changes | NT$-22.00 Million | -0.98% |
| Total Change | NT$- | 6.13% |
Book Value vs Market Value Analysis
This analysis compares Generalplus Technology Inc'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: 2.27x
- 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 2.52x to 2.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$18.50 | NT$46.55 | x |
| 2010-12-31 | NT$17.58 | NT$46.55 | x |
| 2011-12-31 | NT$18.26 | NT$46.55 | x |
| 2012-12-31 | NT$16.55 | NT$46.55 | x |
| 2013-12-31 | NT$18.08 | NT$46.55 | x |
| 2014-12-31 | NT$18.40 | NT$46.55 | x |
| 2015-12-31 | NT$19.12 | NT$46.55 | x |
| 2016-12-31 | NT$19.42 | NT$46.55 | x |
| 2017-12-31 | NT$19.39 | NT$46.55 | x |
| 2018-12-31 | NT$18.83 | NT$46.55 | x |
| 2019-12-31 | NT$18.32 | NT$46.55 | x |
| 2020-12-31 | NT$19.16 | NT$46.55 | x |
| 2021-12-31 | NT$22.54 | NT$46.55 | x |
| 2022-12-31 | NT$22.42 | NT$46.55 | x |
| 2023-12-31 | NT$19.29 | NT$46.55 | x |
| 2024-12-31 | NT$20.47 | NT$46.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Generalplus Technology Inc 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): 11.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.03%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.30x
- Recent ROE (11.00%) is below the historical average (14.77%), 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 | 14.67% | 10.02% | 1.06x | 1.38x | NT$70.96 Million |
| 2010 | 18.60% | 9.05% | 1.41x | 1.45x | NT$152.86 Million |
| 2011 | 8.70% | 5.11% | 1.30x | 1.31x | NT$-24.95 Million |
| 2012 | 3.37% | 2.08% | 1.24x | 1.30x | NT$-120.28 Million |
| 2013 | 15.22% | 9.62% | 1.25x | 1.27x | NT$104.75 Million |
| 2014 | 15.10% | 10.94% | 1.09x | 1.26x | NT$105.20 Million |
| 2015 | 18.16% | 12.60% | 1.06x | 1.36x | NT$174.37 Million |
| 2016 | 19.11% | 12.65% | 1.12x | 1.35x | NT$197.06 Million |
| 2017 | 16.79% | 11.40% | 1.08x | 1.37x | NT$145.34 Million |
| 2018 | 13.64% | 10.00% | 1.01x | 1.35x | NT$75.93 Million |
| 2019 | 11.08% | 8.49% | 0.97x | 1.34x | NT$21.86 Million |
| 2020 | 13.37% | 9.73% | 1.01x | 1.36x | NT$71.11 Million |
| 2021 | 26.34% | 18.40% | 0.96x | 1.49x | NT$408.59 Million |
| 2022 | 23.17% | 18.28% | 0.96x | 1.32x | NT$329.37 Million |
| 2023 | 7.95% | 7.75% | 0.78x | 1.32x | NT$-43.43 Million |
| 2024 | 11.00% | 10.03% | 0.84x | 1.30x | NT$22.51 Million |
Industry Comparison
This section compares Generalplus Technology Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $202,930,058,900
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Generalplus Technology Inc (4952) | NT$2.08 Billion | 14.67% | 0.35x | $159.59 Million |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $281.20 Billion | 18.22% | 0.65x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.61 Trillion | 21.92% | 0.40x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $24.66 Billion | 22.38% | 0.79x | $8.99 Billion |
| Optotech Corp (2340) | $7.08 Billion | 9.72% | 0.77x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $166.75 Million |
| Winbond Electronics Corp (2344) | $60.28 Billion | 5.50% | 0.10x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $7.70 Billion | -2.92% | 0.01x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.11 Billion | 17.61% | 0.86x | $8.72 Billion |
About Generalplus Technology Inc
Generalplus Technology Inc. engages in the research, development, design, manufacturing, and sale of integrated circuit products in Taiwan and internationally. It offers channel speech/tone synthesizers, sound processors, controllers, and one battery speech synthesizers; LCD controllers and drivers; multimedia processors; automobile video recorders; motor, touch, wireless, and remote controllers,… Read more