Transcom Inc (5222) - Net Assets
Based on the latest financial reports, Transcom Inc (5222) has net assets worth NT$2.41 Billion TWD (≈ $75.78 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$3.08 Billion ≈ $97.12 Million USD) and total liabilities (NT$677.15 Million ≈ $21.33 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. Also explore Transcom Inc total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.41 Billion |
| % of Total Assets | 78.03% |
| Annual Growth Rate | 22.62% |
| 5-Year Change | 25.96% |
| 10-Year Change | 732.76% |
| Growth Volatility | 57.08 |
Transcom Inc - Net Assets Trend (2011–2025)
This chart illustrates how Transcom Inc's net assets have evolved over time, based on quarterly financial data. Check Transcom Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Transcom Inc (2011–2025)
The table below shows the annual net assets of Transcom Inc from 2011 to 2025. For live valuation and market cap data, see Transcom Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.49 Billion ≈ $78.55 Million |
+0.73% |
| 2024-12-31 | NT$2.48 Billion ≈ $77.98 Million |
+9.81% |
| 2023-12-31 | NT$2.25 Billion ≈ $71.01 Million |
+12.35% |
| 2022-12-31 | NT$2.01 Billion ≈ $63.21 Million |
+1.36% |
| 2021-12-31 | NT$1.98 Billion ≈ $62.36 Million |
+122.25% |
| 2020-12-31 | NT$890.58 Million ≈ $28.06 Million |
+63.99% |
| 2019-12-31 | NT$543.06 Million ≈ $17.11 Million |
+32.35% |
| 2018-12-31 | NT$410.33 Million ≈ $12.93 Million |
+16.19% |
| 2017-12-31 | NT$353.14 Million ≈ $11.13 Million |
+17.96% |
| 2016-12-31 | NT$299.39 Million ≈ $9.43 Million |
+61.64% |
| 2015-12-31 | NT$185.21 Million ≈ $5.84 Million |
+182.72% |
| 2014-12-31 | NT$65.51 Million ≈ $2.06 Million |
-12.79% |
| 2013-12-31 | NT$75.12 Million ≈ $2.37 Million |
-52.62% |
| 2012-12-31 | NT$158.55 Million ≈ $5.00 Million |
+10.51% |
| 2011-12-31 | NT$143.47 Million ≈ $4.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Transcom 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 47960000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$370.52 Million | 14.86% |
| Common Stock | NT$909.47 Million | 36.48% |
| Other Comprehensive Income | NT$576.63 Million | 23.13% |
| Other Components | NT$636.57 Million | 25.53% |
| Total Equity | NT$2.49 Billion | 100.00% |
Transcom Inc Competitors by Market Cap
The table below lists competitors of Transcom Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
European Lithium Ltd
AU:EUR
|
$320.03 Million |
|
QingCloud Technologies Corp.
SHG:688316
|
$320.31 Million |
|
Taiwan Mask Corp
TW:2338
|
$320.32 Million |
|
Heliostar Metals Ltd
V:HSTR
|
$320.33 Million |
|
Panoro Minerals Ltd.
V:PML
|
$319.90 Million |
|
Kits Eyecare Ltd
TO:KITS
|
$319.89 Million |
|
Zhejiang Zhenyuan Share Co Ltd
SHE:000705
|
$319.76 Million |
|
Integrated Diagnostics Holdings PLC
LSE:IDHC
|
$319.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transcom Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,475,060,000 to 2,493,185,000, a change of 18,125,000 (0.7%).
- Net income of 224,953,000 contributed positively to equity growth.
- Dividend payments of 326,062,000 reduced retained earnings.
- Share repurchases of 46,898,000 reduced equity.
- New share issuances of 22,484,000 increased equity.
- Other comprehensive income increased equity by 236,975,000.
- Other factors decreased equity by 93,327,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$224.95 Million | +9.02% |
| Dividends Paid | NT$326.06 Million | -13.08% |
| Share Repurchases | NT$46.90 Million | -1.88% |
| Share Issuances | NT$22.48 Million | +0.9% |
| Other Comprehensive Income | NT$236.97 Million | +9.5% |
| Other Changes | NT$-93.33 Million | -3.74% |
| Total Change | NT$- | 0.73% |
Book Value vs Market Value Analysis
This analysis compares Transcom 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: 4.03x
- 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 33.68x to 4.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | NT$3.31 | NT$111.50 | x |
| 2012-12-31 | NT$3.61 | NT$111.50 | x |
| 2013-12-31 | NT$1.67 | NT$111.50 | x |
| 2014-12-31 | NT$1.49 | NT$111.50 | x |
| 2015-12-31 | NT$3.69 | NT$111.50 | x |
| 2016-12-31 | NT$5.40 | NT$111.50 | x |
| 2017-12-31 | NT$6.29 | NT$111.50 | x |
| 2018-12-31 | NT$7.28 | NT$111.50 | x |
| 2019-12-31 | NT$8.93 | NT$111.50 | x |
| 2020-12-31 | NT$14.58 | NT$111.50 | x |
| 2021-12-31 | NT$29.15 | NT$111.50 | x |
| 2022-12-31 | NT$24.43 | NT$111.50 | x |
| 2023-12-31 | NT$30.10 | NT$111.50 | x |
| 2024-12-31 | NT$30.02 | NT$111.50 | x |
| 2025-12-31 | NT$27.70 | NT$111.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transcom Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.57%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.19x
- Recent ROE (9.02%) is above the historical average (2.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 4.54% | 5.14% | 0.72x | 1.22x | NT$-7.83 Million |
| 2012 | -5.81% | -8.14% | 0.58x | 1.24x | NT$-25.07 Million |
| 2013 | -100.90% | -85.01% | 0.66x | 1.79x | NT$-83.31 Million |
| 2014 | -50.02% | -28.75% | 0.89x | 1.95x | NT$-39.32 Million |
| 2015 | 11.67% | 14.54% | 0.47x | 1.69x | NT$3.09 Million |
| 2016 | 35.79% | 31.77% | 0.76x | 1.48x | NT$77.22 Million |
| 2017 | 14.78% | 13.20% | 0.74x | 1.52x | NT$16.89 Million |
| 2018 | 12.31% | 14.00% | 0.66x | 1.33x | NT$9.48 Million |
| 2019 | 25.93% | 24.72% | 0.66x | 1.59x | NT$86.51 Million |
| 2020 | 18.43% | 23.25% | 0.59x | 1.34x | NT$75.06 Million |
| 2021 | 12.46% | 26.90% | 0.40x | 1.17x | NT$48.67 Million |
| 2022 | 12.43% | 24.11% | 0.43x | 1.19x | NT$48.85 Million |
| 2023 | 19.37% | 34.90% | 0.47x | 1.18x | NT$211.13 Million |
| 2024 | 16.01% | 30.45% | 0.44x | 1.20x | NT$148.82 Million |
| 2025 | 9.02% | 23.57% | 0.32x | 1.19x | NT$-24.37 Million |
Industry Comparison
This section compares Transcom Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $5,094,908,900
- Average return on equity (ROE) among peers: 9.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transcom Inc (5222) | NT$2.41 Billion | 4.54% | 0.28x | $320.00 Million |
| Rectron Ltd (2302) | $2.45 Billion | 0.00% | 0.45x | $192.55 Million |
| Taiwan Mask Corp (2338) | $4.70 Billion | 15.81% | 0.66x | $320.32 Million |
| SDI Corp (2351) | $6.01 Billion | 5.81% | 0.76x | $834.94 Million |
| Lingsen Precision Industries Ltd (2369) | $5.94 Billion | -3.49% | 0.37x | $346.83 Million |
| Greatek Electronics Inc (2441) | $16.22 Billion | 14.65% | 0.16x | $1.80 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $3.46 Billion | 14.82% | 0.16x | $1.70 Billion |
| Pan Jit International Inc (2481) | $4.10 Billion | 7.99% | 1.53x | $1.41 Billion |
| Ampoc Far-East Co Ltd (2493) | $3.00 Billion | 23.01% | 0.66x | $1.03 Billion |
| Episil-Precision Inc (3016) | $753.67 Million | 4.37% | 0.45x | $726.34 Million |
| Zenitron Corp (3028) | $4.31 Billion | 7.44% | 1.71x | $459.68 Million |
About Transcom Inc
Transcom, Inc. operates as a microwave device and subsystem company in Taiwan. The company offers amplifiers(GaN), including amplifiers(GaN); drone/UAV, high-power SSPA modules; C-UAS/Jammer/EW; high-power SSPA modules; GaN solid-state power amplifiers(CW), and GaN solid-state power; amplifier; MIC module; subsystem; FET chip, such as super lower noise GaAs FETs (Gallium Arsenide Field Effect Tra… Read more