Sinher Technology Inc
Sinher Technology Inc., together with its subsidiaries, engages in the research, development, manufacture, and sale of hinge products in Taiwan, China, Singapore, Japan, and internationally. The company offers NB hinges, including auto lock, spring, band type, central, shaft, and Zn with plate pipe and bend type hinges. It also provides detachable, NB module, and tablet module hinges; AIO and LCD… Read more
Sinher Technology Inc (4999) - Net Assets
Latest net assets as of September 2025: NT$3.18 Billion TWD
Based on the latest financial reports, Sinher Technology Inc (4999) has net assets worth NT$3.18 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.85 Billion) and total liabilities (NT$665.41 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.18 Billion |
| % of Total Assets | 82.71% |
| Annual Growth Rate | 8.06% |
| 5-Year Change | -3.53% |
| 10-Year Change | 21.83% |
| Growth Volatility | 12.17 |
Sinher Technology Inc - Net Assets Trend (2010–2024)
This chart illustrates how Sinher Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sinher Technology Inc (2010–2024)
The table below shows the annual net assets of Sinher Technology Inc from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.41 Billion | +0.76% |
| 2023-12-31 | NT$3.39 Billion | -4.07% |
| 2022-12-31 | NT$3.53 Billion | +1.19% |
| 2021-12-31 | NT$3.49 Billion | -1.36% |
| 2020-12-31 | NT$3.54 Billion | +7.37% |
| 2019-12-31 | NT$3.30 Billion | -2.95% |
| 2018-12-31 | NT$3.40 Billion | +10.67% |
| 2017-12-31 | NT$3.07 Billion | +1.93% |
| 2016-12-31 | NT$3.01 Billion | +7.44% |
| 2015-12-31 | NT$2.80 Billion | +5.57% |
| 2014-12-31 | NT$2.65 Billion | +15.05% |
| 2013-12-31 | NT$2.31 Billion | +44.22% |
| 2012-12-31 | NT$1.60 Billion | +21.31% |
| 2011-12-31 | NT$1.32 Billion | +14.31% |
| 2010-12-31 | NT$1.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinher 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 grown by 169.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.73 Billion | 50.64% |
| Common Stock | NT$744.17 Million | 21.79% |
| Other Comprehensive Income | NT$540.63 Million | 15.83% |
| Other Components | NT$400.60 Million | 11.73% |
| Total Equity | NT$3.41 Billion | 100.00% |
Sinher Technology Inc Competitors by Market Cap
The table below lists competitors of Sinher Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vietnam Tanker JSC
VN:VTO
|
$36.50 Million |
|
Compagnie Lebon S.A.
PA:ALBON
|
$36.50 Million |
|
Microelectronics Technology Inc
TW:2314
|
$36.51 Million |
|
Industrial Urban Development JSC No 2
VN:D2D
|
$36.51 Million |
|
Chun Yu Works & Co Ltd
TW:2012
|
$36.48 Million |
|
FCR Immobilien AG
XETRA:FC9
|
$36.47 Million |
|
Peel Mining Ltd
AU:PEX
|
$36.47 Million |
|
Stella X Public Company Limited
BK:STELLA
|
$36.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinher Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,388,768,000 to 3,414,557,000, a change of 25,789,000 (0.8%).
- Net income of 71,367,000 contributed positively to equity growth.
- Dividend payments of 73,617,000 reduced retained earnings.
- Other comprehensive income increased equity by 46,789,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$71.37 Million | +2.09% |
| Dividends Paid | NT$73.62 Million | -2.16% |
| Other Comprehensive Income | NT$46.79 Million | +1.37% |
| Other Changes | NT$-18.75 Million | -0.55% |
| Total Change | NT$- | 0.76% |
Book Value vs Market Value Analysis
This analysis compares Sinher 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: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.04x to 0.49x 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$21.68 | NT$22.50 | x |
| 2011-12-31 | NT$32.13 | NT$22.50 | x |
| 2012-12-31 | NT$25.75 | NT$22.50 | x |
| 2013-12-31 | NT$31.98 | NT$22.50 | x |
| 2014-12-31 | NT$35.28 | NT$22.50 | x |
| 2015-12-31 | NT$37.22 | NT$22.50 | x |
| 2016-12-31 | NT$40.56 | NT$22.50 | x |
| 2017-12-31 | NT$41.34 | NT$22.50 | x |
| 2018-12-31 | NT$45.24 | NT$22.50 | x |
| 2019-12-31 | NT$44.02 | NT$22.50 | x |
| 2020-12-31 | NT$47.12 | NT$22.50 | x |
| 2021-12-31 | NT$46.65 | NT$22.50 | x |
| 2022-12-31 | NT$47.36 | NT$22.50 | x |
| 2023-12-31 | NT$45.97 | NT$22.50 | x |
| 2024-12-31 | NT$46.28 | NT$22.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinher 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): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.65%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.19x
- Recent ROE (2.09%) is below the historical average (12.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 22.00% | 15.76% | 0.97x | 1.44x | NT$138.44 Million |
| 2011 | 14.78% | 12.89% | 0.84x | 1.36x | NT$63.03 Million |
| 2012 | 23.72% | 19.06% | 0.91x | 1.36x | NT$219.59 Million |
| 2013 | 17.09% | 18.69% | 0.64x | 1.44x | NT$163.67 Million |
| 2014 | 18.90% | 20.84% | 0.69x | 1.31x | NT$236.31 Million |
| 2015 | 15.59% | 20.24% | 0.61x | 1.26x | NT$156.68 Million |
| 2016 | 14.99% | 18.37% | 0.62x | 1.32x | NT$150.19 Million |
| 2017 | 12.51% | 15.26% | 0.63x | 1.30x | NT$77.12 Million |
| 2018 | 13.84% | 19.28% | 0.58x | 1.24x | NT$130.51 Million |
| 2019 | 6.28% | 9.21% | 0.58x | 1.17x | NT$-122.54 Million |
| 2020 | 11.89% | 14.31% | 0.67x | 1.25x | NT$66.94 Million |
| 2021 | 5.21% | 5.97% | 0.71x | 1.23x | NT$-167.17 Million |
| 2022 | 5.82% | 9.11% | 0.54x | 1.19x | NT$-147.81 Million |
| 2023 | 0.11% | 0.20% | 0.48x | 1.18x | NT$-335.06 Million |
| 2024 | 2.09% | 3.65% | 0.48x | 1.19x | NT$-270.09 Million |
Industry Comparison
This section compares Sinher Technology Inc's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,425,314,700
- Average return on equity (ROE) among peers: 7.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinher Technology Inc (4999) | NT$3.18 Billion | 22.00% | 0.21x | $36.49 Million |
| Basso Industry Corp (1527) | $4.69 Billion | 15.81% | 0.15x | $112.50 Million |
| Jenn Feng New Energy Co Ltd (1538) | $314.60 Million | -31.60% | 2.89x | $5.14 Million |
| Chang Type Industrial Co Ltd (1541) | $876.37 Million | -2.60% | 1.04x | $24.94 Million |
| Kinik Co (1560) | $6.09 Billion | 20.48% | 0.57x | $1.40 Billion |
| De Poan Pneumatic (1570) | $693.89 Million | 11.00% | 0.29x | $31.32 Million |
| Inmax Holding Co Ltd (1591) | $393.55 Million | 2.06% | 0.58x | $42.14 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $7.12 Billion | 4.66% | 0.86x | $64.34 Million |
| Hiwin Technologies Corp (2049) | $11.80 Billion | 17.14% | 1.34x | $1.96 Billion |
| Sheh Kai Precision Co Ltd (2063) | $566.73 Million | 22.21% | 0.62x | $22.55 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.71 Billion | 16.18% | 0.72x | $39.62 Million |