FOSITEK CORP (6805) - Net Assets
Based on the latest financial reports, FOSITEK CORP (6805) has net assets worth NT$6.19 Billion TWD (≈ $194.99 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$12.35 Billion ≈ $389.13 Million USD) and total liabilities (NT$6.16 Billion ≈ $194.14 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 asset resilience ratio of FOSITEK CORP to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$6.19 Billion |
| % of Total Assets | 50.11% |
| Annual Growth Rate | 48.48% |
| 5-Year Change | 525.68% |
| 10-Year Change | N/A |
| Growth Volatility | 44.7 |
FOSITEK CORP - Net Assets Trend (2017–2024)
This chart illustrates how FOSITEK CORP's net assets have evolved over time, based on quarterly financial data. Also explore 6805 total asset value for the complete picture of this company's asset base.
Annual Net Assets for FOSITEK CORP (2017–2024)
The table below shows the annual net assets of FOSITEK CORP from 2017 to 2024. For live valuation and market cap data, see 6805 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.55 Billion ≈ $174.74 Million |
+20.69% |
| 2023-12-31 | NT$4.60 Billion ≈ $144.78 Million |
+92.61% |
| 2022-12-31 | NT$2.39 Billion ≈ $75.17 Million |
+15.26% |
| 2021-12-31 | NT$2.07 Billion ≈ $65.22 Million |
+133.53% |
| 2020-12-31 | NT$886.46 Million ≈ $27.93 Million |
+76.00% |
| 2019-12-31 | NT$503.68 Million ≈ $15.87 Million |
+45.77% |
| 2018-12-31 | NT$345.53 Million ≈ $10.89 Million |
-0.88% |
| 2017-12-31 | NT$348.59 Million ≈ $10.98 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to FOSITEK 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 1424.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.08 Billion | 37.42% |
| Common Stock | NT$685.54 Million | 12.36% |
| Other Comprehensive Income | NT$357.56 Million | 6.45% |
| Other Components | NT$2.43 Billion | 43.77% |
| Total Equity | NT$5.55 Billion | 100.00% |
FOSITEK CORP Competitors by Market Cap
The table below lists competitors of FOSITEK CORP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bumrungrad Hospital PCL
BK:BH
|
$4.47 Billion |
|
Zhejiang Kaishan Compressor
SHE:300257
|
$4.47 Billion |
|
Sweco AB (publ)
ST:SWEC-B
|
$4.48 Billion |
|
Texas Capital Bancshares Inc
NASDAQ:TCBI
|
$4.48 Billion |
|
Linktel Technologies Co. Ltd. A
SHE:301205
|
$4.47 Billion |
|
UMICORE S.A UNSP.ADR 1/4
F:NVJ
|
$4.47 Billion |
|
Wingstop Inc
NASDAQ:WING
|
$4.47 Billion |
|
Cia de Distribucion Integral
MC:LOG
|
$4.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FOSITEK CORP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,595,499,000 to 5,546,436,000, a change of 950,937,000 (20.7%).
- Net income of 1,227,364,000 contributed positively to equity growth.
- Dividend payments of 377,046,000 reduced retained earnings.
- Other comprehensive income increased equity by 204,442,000.
- Other factors decreased equity by 103,823,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.23 Billion | +22.13% |
| Dividends Paid | NT$377.05 Million | -6.8% |
| Other Comprehensive Income | NT$204.44 Million | +3.69% |
| Other Changes | NT$-103.82 Million | -1.87% |
| Total Change | NT$- | 20.69% |
Book Value vs Market Value Analysis
This analysis compares FOSITEK 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: 25.61x
- 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 337.71x to 25.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$6.13 | NT$2070.00 | x |
| 2018-12-31 | NT$6.08 | NT$2070.00 | x |
| 2019-12-31 | NT$8.86 | NT$2070.00 | x |
| 2020-12-31 | NT$18.09 | NT$2070.00 | x |
| 2021-12-31 | NT$36.03 | NT$2070.00 | x |
| 2022-12-31 | NT$39.38 | NT$2070.00 | x |
| 2023-12-31 | NT$74.45 | NT$2070.00 | x |
| 2024-12-31 | NT$80.83 | NT$2070.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FOSITEK 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): 22.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.99%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.30x
- Recent ROE (22.13%) is above the historical average (17.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 21.87% | 9.38% | 1.22x | 1.91x | NT$41.38 Million |
| 2018 | 5.56% | 2.78% | 0.92x | 2.17x | NT$-15.33 Million |
| 2019 | 4.31% | 2.51% | 0.78x | 2.19x | NT$-28.66 Million |
| 2020 | 23.73% | 9.46% | 0.79x | 3.19x | NT$121.74 Million |
| 2021 | 25.75% | 10.62% | 1.04x | 2.34x | NT$325.97 Million |
| 2022 | 23.64% | 11.25% | 0.88x | 2.39x | NT$325.52 Million |
| 2023 | 13.66% | 11.13% | 0.63x | 1.94x | NT$168.41 Million |
| 2024 | 22.13% | 14.99% | 0.64x | 2.30x | NT$672.72 Million |
Industry Comparison
This section compares FOSITEK CORP's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $35,535,214,900
- Average return on equity (ROE) among peers: -1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FOSITEK CORP (6805) | NT$6.19 Billion | 21.87% | 1.00x | $4.47 Billion |
| Solytech Enterprise Corp (1471) | $1.50 Billion | -2.87% | 0.10x | $53.55 Million |
| Lite-On Technology Corp (2301) | $80.01 Billion | 11.45% | 1.07x | $11.87 Billion |
| Microtek International Inc (2305) | $2.73 Billion | 1.87% | 1.62x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.29 Billion | -29.30% | 2.03x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $27.94 Billion | -6.18% | 0.41x | $348.35 Million |
| Compal Electronics Inc (2324) | $31.11 Billion | 0.00% | 0.62x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $10.51 Billion | 0.68% | 1.30x | $360.88 Million |
| Ritek Corp (2349) | $63.48 Billion | 4.47% | 0.74x | $272.09 Million |
| Qisda Corp (2352) | $48.02 Billion | 15.62% | 0.97x | $975.88 Million |
| Acer Inc (2353) | $75.75 Billion | -8.72% | 2.28x | $2.61 Billion |
About FOSITEK CORP
Fositek Corp. engages in the design and manufacturing of various metal stamping products in Asia, the United States, and Europe. It offers hinge of foldable cell phones, laptops, tablets, AR/VR glasses, and medical instruments, as well as for automobile applications. The company was founded in 1990 and is based in New Taipei City, Taiwan.