Team Group Inc (4967) - Net Assets
Based on the latest financial reports, Team Group Inc (4967) has net assets worth NT$7.10 Billion TWD (≈ $223.53 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$21.90 Billion ≈ $689.92 Million USD) and total liabilities (NT$14.80 Billion ≈ $466.38 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 4967 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$7.10 Billion |
| % of Total Assets | 32.4% |
| Annual Growth Rate | 15.12% |
| 5-Year Change | 106.1% |
| 10-Year Change | 774.03% |
| Growth Volatility | 28.74 |
Team Group Inc - Net Assets Trend (2010–2025)
This chart illustrates how Team Group Inc's net assets have evolved over time, based on quarterly financial data. See 4967 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Team Group Inc (2010–2025)
The table below shows the annual net assets of Team Group Inc from 2010 to 2025. For live valuation and market cap data, see Team Group Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.85 Billion ≈ $152.82 Million |
+21.28% |
| 2024-12-31 | NT$4.00 Billion ≈ $126.00 Million |
+80.46% |
| 2023-12-31 | NT$2.22 Billion ≈ $69.82 Million |
+7.92% |
| 2022-12-31 | NT$2.05 Billion ≈ $64.70 Million |
-12.74% |
| 2021-12-31 | NT$2.35 Billion ≈ $74.15 Million |
+59.07% |
| 2020-12-31 | NT$1.48 Billion ≈ $46.62 Million |
+39.02% |
| 2019-12-31 | NT$1.06 Billion ≈ $33.53 Million |
+2.26% |
| 2018-12-31 | NT$1.04 Billion ≈ $32.79 Million |
+30.27% |
| 2017-12-31 | NT$798.89 Million ≈ $25.17 Million |
+43.95% |
| 2016-12-31 | NT$554.97 Million ≈ $17.48 Million |
+28.31% |
| 2015-12-31 | NT$432.52 Million ≈ $13.63 Million |
-39.86% |
| 2014-12-31 | NT$719.19 Million ≈ $22.66 Million |
+6.41% |
| 2013-12-31 | NT$675.84 Million ≈ $21.29 Million |
+15.06% |
| 2012-12-31 | NT$587.40 Million ≈ $18.51 Million |
-0.88% |
| 2011-12-31 | NT$592.63 Million ≈ $18.67 Million |
+0.98% |
| 2010-12-31 | NT$586.91 Million ≈ $18.49 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Team Group 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 grown by 2108.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.85 Billion | 38.20% |
| Common Stock | NT$849.63 Million | 17.52% |
| Other Comprehensive Income | NT$170.31 Million | 3.51% |
| Other Components | NT$1.98 Billion | 40.78% |
| Total Equity | NT$4.85 Billion | 100.00% |
Team Group Inc Competitors by Market Cap
The table below lists competitors of Team Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beingmate Baby & Child Food Co Ltd
SHE:002570
|
$745.97 Million |
|
Viglacera Corp JSC
VN:VGC
|
$746.11 Million |
|
Baticim Bati Anadolu Cimento Sanayi AS
IS:BTCIM
|
$746.12 Million |
|
Nanjing Quanxin Cable Technology Co Ltd
SHE:300447
|
$746.29 Million |
|
B Communications Ltd
TA:BCOM
|
$745.08 Million |
|
Xiangpiaopiao Food Co Ltd
SHG:603711
|
$744.93 Million |
|
Newgen Software Technologies Limited
NSE:NEWGEN
|
$744.90 Million |
|
Ottogi
KO:007310
|
$744.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Team Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,999,389,000 to 4,850,651,000, a change of 851,262,000 (21.3%).
- Net income of 1,109,873,000 contributed positively to equity growth.
- Dividend payments of 254,890,000 reduced retained earnings.
- Other comprehensive income increased equity by 45,238,000.
- Other factors decreased equity by 48,959,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.11 Billion | +22.88% |
| Dividends Paid | NT$254.89 Million | -5.25% |
| Other Comprehensive Income | NT$45.24 Million | +0.93% |
| Other Changes | NT$-48.96 Million | -1.01% |
| Total Change | NT$- | 21.28% |
Book Value vs Market Value Analysis
This analysis compares Team Group 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: 4.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 19.02x to 4.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | NT$14.64 | NT$278.50 | x |
| 2011-12-31 | NT$14.81 | NT$278.50 | x |
| 2012-12-31 | NT$14.72 | NT$278.50 | x |
| 2013-12-31 | NT$16.68 | NT$278.50 | x |
| 2014-12-31 | NT$18.02 | NT$278.50 | x |
| 2015-12-31 | NT$10.83 | NT$278.50 | x |
| 2016-12-31 | NT$13.90 | NT$278.50 | x |
| 2017-12-31 | NT$19.91 | NT$278.50 | x |
| 2018-12-31 | NT$25.42 | NT$278.50 | x |
| 2019-12-31 | NT$22.36 | NT$278.50 | x |
| 2020-12-31 | NT$25.10 | NT$278.50 | x |
| 2021-12-31 | NT$26.18 | NT$278.50 | x |
| 2022-12-31 | NT$23.49 | NT$278.50 | x |
| 2023-12-31 | NT$31.42 | NT$278.50 | x |
| 2024-12-31 | NT$47.34 | NT$278.50 | x |
| 2025-12-31 | NT$57.08 | NT$278.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Team Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.43%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 3.10x
- Recent ROE (22.88%) is above the historical average (6.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 5.85% | 0.52% | 5.03x | 2.24x | NT$-24.38 Million |
| 2011 | 2.67% | 0.24% | 3.75x | 2.92x | NT$-43.43 Million |
| 2012 | -0.19% | -0.02% | 3.67x | 2.85x | NT$-59.88 Million |
| 2013 | 14.41% | 1.76% | 3.57x | 2.30x | NT$29.80 Million |
| 2014 | 13.10% | 1.41% | 4.13x | 2.24x | NT$22.33 Million |
| 2015 | -60.10% | -6.24% | 3.53x | 2.73x | NT$-303.21 Million |
| 2016 | 21.43% | 3.19% | 2.47x | 2.72x | NT$63.41 Million |
| 2017 | 30.32% | 3.55% | 3.78x | 2.26x | NT$162.35 Million |
| 2018 | 16.70% | 2.41% | 4.72x | 1.47x | NT$69.69 Million |
| 2019 | 0.73% | 0.11% | 2.78x | 2.34x | NT$-98.70 Million |
| 2020 | 9.55% | 1.88% | 2.02x | 2.51x | NT$-6.67 Million |
| 2021 | -3.89% | -1.20% | 2.06x | 1.58x | NT$-326.84 Million |
| 2022 | 0.02% | 0.01% | 1.55x | 2.12x | NT$-204.89 Million |
| 2023 | 10.69% | 1.43% | 1.91x | 3.91x | NT$15.22 Million |
| 2024 | 13.19% | 2.64% | 1.99x | 2.50x | NT$127.42 Million |
| 2025 | 22.88% | 5.43% | 1.36x | 3.10x | NT$624.81 Million |
Industry Comparison
This section compares Team Group Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,725,212,200
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Team Group Inc (4967) | NT$7.10 Billion | 5.85% | 2.09x | $745.49 Million |
| Solytech Enterprise Corp (1471) | $2.28 Billion | -15.70% | 0.21x | $51.89 Million |
| Lite-On Technology Corp (2301) | $79.24 Billion | 11.05% | 1.68x | $15.05 Billion |
| Microtek International Inc (2305) | $1.61 Billion | 0.17% | 0.31x | $214.92 Million |
| Kinpo Electronics Inc (2312) | $13.60 Billion | 7.28% | 0.85x | $1.68 Billion |
| CMC Magnetics Corp (2323) | $27.94 Billion | -6.18% | 0.41x | $403.27 Million |
| Compal Electronics Inc (2324) | $113.16 Billion | 7.88% | 2.53x | $5.18 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $3.31 Billion | 36.86% | 2.06x | $393.37 Million |
| Ritek Corp (2349) | $10.29 Billion | -7.79% | 0.90x | $302.69 Million |
| Qisda Corp (2352) | $32.95 Billion | 13.18% | 1.89x | $1.54 Billion |
| Acer Inc (2353) | $92.88 Billion | 12.22% | 2.13x | $3.26 Billion |
About Team Group Inc
Team Group Inc. manufactures and trades in integrated circuit chip, memory, and computer peripheral equipment in Taiwan, Asia, America, Europe, and internationally. It offers desktop, laptop, and workstation memory; 2.5 inches, external/portable, and M.2 SSD cards, as well as enclosure kit; SD, MicroSD, CFexpress memory cards, and memory card readers; USB drives; and peripherals, such as case, fa… Read more