Sinher Technology Inc (4999) - Net Assets
Based on the latest financial reports, Sinher Technology Inc (4999) has net assets worth NT$3.21 Billion TWD (≈ $100.98 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$3.84 Billion ≈ $120.88 Million USD) and total liabilities (NT$631.51 Million ≈ $19.90 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 4999 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.21 Billion |
| % of Total Assets | 83.54% |
| Annual Growth Rate | 7.05% |
| 5-Year Change | -8.19% |
| 10-Year Change | 6.45% |
| Growth Volatility | 12.33 |
Sinher Technology Inc - Net Assets Trend (2010–2025)
This chart illustrates how Sinher Technology Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Sinher Technology Inc for the complete picture of this company's asset base.
Annual Net Assets for Sinher Technology Inc (2010–2025)
The table below shows the annual net assets of Sinher Technology Inc from 2010 to 2025. For live valuation and market cap data, see Sinher Technology Inc (4999) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.21 Billion ≈ $100.98 Million |
-6.13% |
| 2024-12-31 | NT$3.41 Billion ≈ $107.58 Million |
+0.76% |
| 2023-12-31 | NT$3.39 Billion ≈ $106.76 Million |
-4.07% |
| 2022-12-31 | NT$3.53 Billion ≈ $111.30 Million |
+1.19% |
| 2021-12-31 | NT$3.49 Billion ≈ $109.99 Million |
-1.36% |
| 2020-12-31 | NT$3.54 Billion ≈ $111.51 Million |
+7.37% |
| 2019-12-31 | NT$3.30 Billion ≈ $103.85 Million |
-2.95% |
| 2018-12-31 | NT$3.40 Billion ≈ $107.01 Million |
+10.67% |
| 2017-12-31 | NT$3.07 Billion ≈ $96.69 Million |
+1.93% |
| 2016-12-31 | NT$3.01 Billion ≈ $94.86 Million |
+7.44% |
| 2015-12-31 | NT$2.80 Billion ≈ $88.30 Million |
+5.57% |
| 2014-12-31 | NT$2.65 Billion ≈ $83.64 Million |
+15.05% |
| 2013-12-31 | NT$2.31 Billion ≈ $72.70 Million |
+44.22% |
| 2012-12-31 | NT$1.60 Billion ≈ $50.41 Million |
+21.31% |
| 2011-12-31 | NT$1.32 Billion ≈ $41.55 Million |
+14.31% |
| 2010-12-31 | NT$1.15 Billion ≈ $36.35 Million |
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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 142.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.55 Billion | 48.44% |
| Common Stock | NT$744.17 Million | 23.22% |
| Other Comprehensive Income | NT$508.01 Million | 15.85% |
| Other Components | NT$400.60 Million | 12.50% |
| Total Equity | NT$3.21 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 |
|---|---|
|
Deswell Industries Inc
NASDAQ:DSWL
|
$50.36 Million |
|
Broadway Financial Corporation
NASDAQ:BYFC
|
$50.36 Million |
|
Centrepoint Alliance Ltd
AU:CAF
|
$50.36 Million |
|
Ram-On Investments and Holdings Ltd
TA:RMN
|
$50.38 Million |
|
InflaRx N.V
F:IF0
|
$50.33 Million |
|
FingerMotion Inc
NASDAQ:FNGR
|
$50.31 Million |
|
TronicS Microsystems SA
PA:ALTRO
|
$50.30 Million |
|
Azimut Exploration Inc.
V:AZM
|
$50.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinher Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,414,557,000 to 3,205,256,000, a change of -209,301,000 (-6.1%).
- Net loss of 123,413,000 reduced equity.
- Dividend payments of 73,617,000 reduced retained earnings.
- Other comprehensive income decreased equity by 32,624,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-123.41 Million | -3.85% |
| Dividends Paid | NT$73.62 Million | -2.3% |
| Other Comprehensive Income | NT$-32.62 Million | -1.02% |
| Other Changes | NT$20.35 Million | +0.63% |
| Total Change | NT$- | -6.13% |
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: 0.50x
- 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 1.00x to 0.50x 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$21.70 | x |
| 2011-12-31 | NT$32.13 | NT$21.70 | x |
| 2012-12-31 | NT$25.75 | NT$21.70 | x |
| 2013-12-31 | NT$31.98 | NT$21.70 | x |
| 2014-12-31 | NT$35.28 | NT$21.70 | x |
| 2015-12-31 | NT$37.22 | NT$21.70 | x |
| 2016-12-31 | NT$40.56 | NT$21.70 | x |
| 2017-12-31 | NT$41.34 | NT$21.70 | x |
| 2018-12-31 | NT$45.24 | NT$21.70 | x |
| 2019-12-31 | NT$44.02 | NT$21.70 | x |
| 2020-12-31 | NT$47.12 | NT$21.70 | x |
| 2021-12-31 | NT$46.65 | NT$21.70 | x |
| 2022-12-31 | NT$47.36 | NT$21.70 | x |
| 2023-12-31 | NT$45.97 | NT$21.70 | x |
| 2024-12-31 | NT$46.28 | NT$21.70 | x |
| 2025-12-31 | NT$43.63 | NT$21.70 | 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): -3.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.32%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.20x
- Recent ROE (-3.85%) is below the historical average (11.31%), 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$-270.09 Million |
| 2025 | -3.85% | -6.32% | 0.51x | 1.20x | NT$-443.94 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: $5,651,786,700
- Average return on equity (ROE) among peers: 11.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinher Technology Inc (4999) | NT$3.21 Billion | 22.00% | 0.20x | $50.33 Million |
| Basso Industry Corp (1527) | $3.31 Billion | 26.95% | 1.06x | $141.89 Million |
| Jenn Feng New Energy Co Ltd (1538) | $172.94 Million | -7.11% | 1.65x | $13.59 Million |
| Chang Type Industrial Co Ltd (1541) | $1.28 Billion | 19.69% | 1.43x | $59.46 Million |
| Kinik Co (1560) | $3.53 Billion | 17.13% | 0.69x | $2.50 Billion |
| De Poan Pneumatic (1570) | $773.37 Million | 6.19% | 0.23x | $61.09 Million |
| Inmax Holding Co Ltd (1591) | $503.34 Million | 17.07% | 0.25x | $77.80 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $7.12 Billion | 4.66% | 0.86x | $86.26 Million |
| Hiwin Technologies Corp (2049) | $37.07 Billion | 5.32% | 0.47x | $3.48 Billion |
| Sheh Kai Precision Co Ltd (2063) | $971.27 Million | 24.02% | 0.93x | $39.25 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.78 Billion | 3.97% | 0.91x | $58.13 Million |
About 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