ITEQ Corp
ITEQ Corporation engages in the manufacture and sale of copper clad laminate materials used for fabrication of printed circuit boards in Taiwan, Asia, Europe, and internationally. It offers mass lamination boards, copper clad laminates, prepreg products, and electronic components, as well as import and export trading of manufacturing equipment. The company's products are used in various applicati… Read more
ITEQ Corp (6213) - Net Assets
Latest net assets as of September 2025: NT$19.74 Billion TWD
Based on the latest financial reports, ITEQ Corp (6213) has net assets worth NT$19.74 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$34.73 Billion) and total liabilities (NT$15.00 Billion). 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$19.74 Billion |
| % of Total Assets | 56.82% |
| Annual Growth Rate | 14.91% |
| 5-Year Change | 54.15% |
| 10-Year Change | 196.09% |
| Growth Volatility | 21.32 |
ITEQ Corp - Net Assets Trend (2002–2024)
This chart illustrates how ITEQ Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ITEQ Corp (2002–2024)
The table below shows the annual net assets of ITEQ Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$20.65 Billion | +6.20% |
| 2023-12-31 | NT$19.44 Billion | -3.34% |
| 2022-12-31 | NT$20.11 Billion | -5.65% |
| 2021-12-31 | NT$21.31 Billion | +59.14% |
| 2020-12-31 | NT$13.39 Billion | +50.06% |
| 2019-12-31 | NT$8.93 Billion | +11.68% |
| 2018-12-31 | NT$7.99 Billion | +9.69% |
| 2017-12-31 | NT$7.29 Billion | +5.45% |
| 2016-12-31 | NT$6.91 Billion | -0.91% |
| 2015-12-31 | NT$6.97 Billion | -1.60% |
| 2014-12-31 | NT$7.09 Billion | -0.11% |
| 2013-12-31 | NT$7.09 Billion | +6.17% |
| 2012-12-31 | NT$6.68 Billion | +6.36% |
| 2011-12-31 | NT$6.28 Billion | +10.09% |
| 2010-12-31 | NT$5.71 Billion | +17.62% |
| 2009-12-31 | NT$4.85 Billion | +8.98% |
| 2008-12-31 | NT$4.45 Billion | -5.39% |
| 2007-12-31 | NT$4.71 Billion | +18.38% |
| 2006-12-31 | NT$3.97 Billion | +38.13% |
| 2005-12-31 | NT$2.88 Billion | +26.94% |
| 2004-12-31 | NT$2.27 Billion | +73.72% |
| 2003-12-31 | NT$1.30 Billion | +34.58% |
| 2002-12-31 | NT$969.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ITEQ Corp'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 5609.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$7.43 Billion | 35.99% |
| Common Stock | NT$3.63 Billion | 17.58% |
| Other Comprehensive Income | NT$358.65 Million | 1.74% |
| Other Components | NT$9.23 Billion | 44.69% |
| Total Equity | NT$20.65 Billion | 100.00% |
ITEQ Corp Competitors by Market Cap
The table below lists competitors of ITEQ Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UTI Asset Management Company Limited
NSE:UTIAMC
|
$1.10 Billion |
|
Österreichische Post AG
XETRA:O3P
|
$1.10 Billion |
|
99 Speed Mart Retail Holdings Berhad
KLSE:5326
|
$1.10 Billion |
|
JNBBY
PINK:JNBBY
|
$1.10 Billion |
|
ODFJELL DRILL.LTD. DL-01
F:OD3
|
$1.10 Billion |
|
Bank of Chongqing Co Ltd
F:CQN
|
$1.10 Billion |
|
Shanghai Luxin Packing Materials Science&Technology Co Ltd
SHE:002565
|
$1.10 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ITEQ Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,439,848,000 to 20,645,947,000, a change of 1,206,099,000 (6.2%).
- Net income of 821,787,000 contributed positively to equity growth.
- Dividend payments of 544,436,000 reduced retained earnings.
- Other comprehensive income increased equity by 864,647,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$821.79 Million | +3.98% |
| Dividends Paid | NT$544.44 Million | -2.64% |
| Other Comprehensive Income | NT$864.65 Million | +4.19% |
| Other Changes | NT$64.10 Million | +0.31% |
| Total Change | NT$- | 6.20% |
Book Value vs Market Value Analysis
This analysis compares ITEQ Corp'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: 2.71x
- 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 13.01x to 2.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$11.84 | NT$154.00 | x |
| 2007-12-31 | NT$13.19 | NT$154.00 | x |
| 2008-12-31 | NT$12.62 | NT$154.00 | x |
| 2009-12-31 | NT$13.79 | NT$154.00 | x |
| 2010-12-31 | NT$16.52 | NT$154.00 | x |
| 2011-12-31 | NT$18.41 | NT$154.00 | x |
| 2012-12-31 | NT$19.70 | NT$154.00 | x |
| 2013-12-31 | NT$21.02 | NT$154.00 | x |
| 2014-12-31 | NT$20.87 | NT$154.00 | x |
| 2015-12-31 | NT$21.37 | NT$154.00 | x |
| 2016-12-31 | NT$21.82 | NT$154.00 | x |
| 2017-12-31 | NT$23.06 | NT$154.00 | x |
| 2018-12-31 | NT$25.29 | NT$154.00 | x |
| 2019-12-31 | NT$28.29 | NT$154.00 | x |
| 2020-12-31 | NT$40.11 | NT$154.00 | x |
| 2021-12-31 | NT$60.56 | NT$154.00 | x |
| 2022-12-31 | NT$53.24 | NT$154.00 | x |
| 2023-12-31 | NT$53.45 | NT$154.00 | x |
| 2024-12-31 | NT$56.77 | NT$154.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ITEQ Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.80%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.69x
- Recent ROE (3.98%) is below the historical average (14.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 8.10% | 4.59% | 0.67x | 2.63x | NT$-18.40 Million |
| 2003 | 11.36% | 5.10% | 0.73x | 3.05x | NT$17.77 Million |
| 2004 | 20.44% | 8.13% | 0.95x | 2.66x | NT$236.70 Million |
| 2005 | 9.67% | 3.78% | 1.01x | 2.52x | NT$-9.36 Million |
| 2006 | 19.56% | 6.93% | 1.20x | 2.34x | NT$372.89 Million |
| 2007 | 22.46% | 7.71% | 1.31x | 2.22x | NT$586.35 Million |
| 2008 | 11.42% | 3.68% | 1.49x | 2.08x | NT$63.07 Million |
| 2009 | 16.55% | 6.54% | 1.10x | 2.30x | NT$317.77 Million |
| 2010 | 25.50% | 7.30% | 1.37x | 2.55x | NT$884.35 Million |
| 2011 | 17.96% | 5.63% | 1.34x | 2.38x | NT$499.88 Million |
| 2012 | 16.22% | 5.61% | 1.30x | 2.23x | NT$415.41 Million |
| 2013 | 11.52% | 4.14% | 1.23x | 2.27x | NT$107.62 Million |
| 2014 | 7.47% | 2.63% | 1.15x | 2.47x | NT$-178.93 Million |
| 2015 | 8.61% | 3.15% | 1.12x | 2.45x | NT$-97.22 Million |
| 2016 | 13.78% | 4.84% | 1.09x | 2.61x | NT$261.02 Million |
| 2017 | 17.08% | 5.87% | 1.18x | 2.48x | NT$516.12 Million |
| 2018 | 22.20% | 7.92% | 1.20x | 2.34x | NT$975.36 Million |
| 2019 | 27.60% | 10.35% | 1.01x | 2.63x | NT$1.57 Billion |
| 2020 | 19.90% | 10.49% | 0.99x | 1.92x | NT$1.33 Billion |
| 2021 | 14.75% | 9.67% | 0.90x | 1.70x | NT$1.01 Billion |
| 2022 | 9.22% | 6.37% | 0.87x | 1.66x | NT$-155.93 Million |
| 2023 | 3.48% | 2.70% | 0.75x | 1.72x | NT$-1.27 Billion |
| 2024 | 3.98% | 2.80% | 0.84x | 1.69x | NT$-1.24 Billion |
Industry Comparison
This section compares ITEQ Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ITEQ Corp (6213) | NT$19.74 Billion | 8.10% | 0.76x | $1.10 Billion |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |