Hon. Precision, Inc.
Hon. Precision, Inc. engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan. The company provides automated test sorting machines and related visual AOI/AI computing processing, normal/high/low temperature control, down force, bar code, network, communication, and database products. It offers IC test … Read more
Hon. Precision, Inc. (7769) - Net Assets
Latest net assets as of June 2025: NT$15.10 Billion TWD
Based on the latest financial reports, Hon. Precision, Inc. (7769) has net assets worth NT$15.10 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$32.79 Billion) and total liabilities (NT$17.68 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$15.10 Billion |
| % of Total Assets | 46.07% |
| Annual Growth Rate | 21.14% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 20.09 |
Hon. Precision, Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Hon. Precision, 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 Hon. Precision, Inc. (2021–2024)
The table below shows the annual net assets of Hon. Precision, Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$13.73 Billion | +11.50% |
| 2023-12-31 | NT$12.32 Billion | +5.67% |
| 2022-12-31 | NT$11.65 Billion | +50.89% |
| 2021-12-31 | NT$7.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hon. Precision, 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 64.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$11.18 Billion | 81.43% |
| Other Components | NT$2.55 Billion | 18.57% |
| Total Equity | NT$13.73 Billion | 100.00% |
Hon. Precision, Inc. Competitors by Market Cap
The table below lists competitors of Hon. Precision, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Centrais Electricas Brasileiras SA
NYSE:EBR
|
$11.68 Billion |
|
Neste Oil Oyj
HE:NESTE
|
$11.70 Billion |
|
Guotai Junan Securities Co. Ltd
PINK:GUOSF
|
$11.73 Billion |
|
Asustek Computer Inc
TW:2357
|
$11.74 Billion |
|
Carlsberg A/S
PINK:CABJF
|
$11.67 Billion |
|
Link Real Estate Investment Trust
PINK:LKREF
|
$11.66 Billion |
|
The Ensign Group Inc
NASDAQ:ENSG
|
$11.66 Billion |
|
Concordia Financial Group Ltd
OTCGREY:CRDIY
|
$11.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hon. Precision, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,315,415,000 to 13,731,810,000, a change of 1,416,395,000 (11.5%).
- Net income of 5,285,929,000 contributed positively to equity growth.
- Dividend payments of 4,800,000,000 reduced retained earnings.
- New share issuances of 894,400,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.29 Billion | +38.49% |
| Dividends Paid | NT$4.80 Billion | -34.96% |
| Share Issuances | NT$894.40 Million | +6.51% |
| Other Changes | NT$36.07 Million | +0.26% |
| Total Change | NT$- | 11.50% |
Book Value vs Market Value Analysis
This analysis compares Hon. Precision, 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: 46.48x
- 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 83.23x to 46.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$47.46 | NT$3950.00 | x |
| 2022-12-31 | NT$72.12 | NT$3950.00 | x |
| 2023-12-31 | NT$76.21 | NT$3950.00 | x |
| 2024-12-31 | NT$84.97 | NT$3950.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hon. Precision, 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): 38.49%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.78%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.59x
- Recent ROE (38.49%) is above the historical average (35.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 41.40% | 25.83% | 0.91x | 1.76x | NT$2.41 Billion |
| 2022 | 37.37% | 32.34% | 0.82x | 1.41x | NT$3.19 Billion |
| 2023 | 24.91% | 32.33% | 0.56x | 1.37x | NT$1.84 Billion |
| 2024 | 38.49% | 37.78% | 0.64x | 1.59x | NT$3.91 Billion |
Industry Comparison
This section compares Hon. Precision, 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: $4,492,917,500
- Average return on equity (ROE) among peers: 9.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hon. Precision, Inc. (7769) | NT$15.10 Billion | 41.40% | 1.17x | $11.68 Billion |
| Rectron Ltd (2302) | $4.12 Billion | 0.00% | 0.40x | $39.77 Million |
| Taiwan Mask Corp (2338) | $5.04 Billion | 13.49% | 0.56x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.41 Billion | 4.39% | 0.45x | $280.99 Million |
| Greatek Electronics Inc (2441) | $12.28 Billion | 13.16% | 0.16x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $3.13 Billion | 13.22% | 0.25x | $1.24 Billion |
| Pan Jit International Inc (2481) | $4.10 Billion | 7.99% | 1.53x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $1.61 Billion | 6.35% | 1.01x | $248.77 Million |
| Episil-Precision Inc (3016) | $1.12 Billion | 6.80% | 0.13x | $174.76 Million |
| Zenitron Corp (3028) | $2.03 Billion | 10.05% | 1.97x | $279.08 Million |
| ALi Corp (3041) | $6.09 Billion | 14.62% | 0.19x | $98.65 Million |