Tai Tung Communication Co Ltd (8011) - Net Assets
Based on the latest financial reports, Tai Tung Communication Co Ltd (8011) has net assets worth NT$3.87 Billion TWD (≈ $122.03 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$7.08 Billion ≈ $223.13 Million USD) and total liabilities (NT$3.21 Billion ≈ $101.09 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 Tai Tung Communication Co Ltd (8011) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.87 Billion |
| % of Total Assets | 54.69% |
| Annual Growth Rate | 10.61% |
| 5-Year Change | 4.7% |
| 10-Year Change | 13.23% |
| Growth Volatility | 17.63 |
Tai Tung Communication Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Tai Tung Communication Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Tai Tung Communication Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Tai Tung Communication Co Ltd (2009–2024)
The table below shows the annual net assets of Tai Tung Communication Co Ltd from 2009 to 2024. For live valuation and market cap data, see Tai Tung Communication Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.92 Billion ≈ $123.64 Million |
+4.82% |
| 2023-12-31 | NT$3.74 Billion ≈ $117.95 Million |
+10.81% |
| 2022-12-31 | NT$3.38 Billion ≈ $106.45 Million |
-5.99% |
| 2021-12-31 | NT$3.59 Billion ≈ $113.24 Million |
-4.11% |
| 2020-12-31 | NT$3.75 Billion ≈ $118.09 Million |
+8.07% |
| 2019-12-31 | NT$3.47 Billion ≈ $109.27 Million |
-3.29% |
| 2018-12-31 | NT$3.59 Billion ≈ $112.99 Million |
-2.28% |
| 2017-12-31 | NT$3.67 Billion ≈ $115.63 Million |
+5.41% |
| 2016-12-31 | NT$3.48 Billion ≈ $109.70 Million |
+0.46% |
| 2015-12-31 | NT$3.47 Billion ≈ $109.20 Million |
+8.94% |
| 2014-12-31 | NT$3.18 Billion ≈ $100.23 Million |
+34.46% |
| 2013-12-31 | NT$2.37 Billion ≈ $74.55 Million |
+61.48% |
| 2012-12-31 | NT$1.47 Billion ≈ $46.16 Million |
+18.45% |
| 2011-12-31 | NT$1.24 Billion ≈ $38.97 Million |
+31.58% |
| 2010-12-31 | NT$940.20 Million ≈ $29.62 Million |
+8.75% |
| 2009-12-31 | NT$864.56 Million ≈ $27.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tai Tung Communication Co Ltd'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 94.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$375.56 Million | 11.46% |
| Common Stock | NT$1.66 Billion | 50.63% |
| Other Components | NT$1.24 Billion | 37.91% |
| Total Equity | NT$3.28 Billion | 100.00% |
Tai Tung Communication Co Ltd Competitors by Market Cap
The table below lists competitors of Tai Tung Communication Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
eGalax_eMPIA Technology
TWO:3556
|
$101.15 Million |
|
Han Shin Mach
KO:011700
|
$101.16 Million |
|
Tembo Global Industries Limited
NSE:TEMBO
|
$101.19 Million |
|
WMG Holdings Bhd
KLSE:6378
|
$101.24 Million |
|
Fima Corporation Bhd
KLSE:3107
|
$101.13 Million |
|
Ovid Therapeutics Inc
NASDAQ:OVID
|
$101.12 Million |
|
Ching Feng Home Fashions Co Ltd
TW:9935
|
$101.10 Million |
|
Simpac
KO:009160
|
$101.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tai Tung Communication Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,975,740,000 to 3,276,969,000, a change of 301,229,000 (10.1%).
- Net income of 406,789,000 contributed positively to equity growth.
- Dividend payments of 11,640,000 reduced retained earnings.
- Share repurchases of 272,410,000 reduced equity.
- Other comprehensive income decreased equity by 239,940,000.
- Other factors increased equity by 418,430,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$406.79 Million | +12.41% |
| Dividends Paid | NT$11.64 Million | -0.36% |
| Share Repurchases | NT$272.41 Million | -8.31% |
| Other Comprehensive Income | NT$-239.94 Million | -7.32% |
| Other Changes | NT$418.43 Million | +12.77% |
| Total Change | NT$- | 10.12% |
Book Value vs Market Value Analysis
This analysis compares Tai Tung Communication Co Ltd'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: 0.99x
- 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 1.53x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$12.66 | NT$19.35 | x |
| 2010-12-31 | NT$13.90 | NT$19.35 | x |
| 2011-12-31 | NT$17.67 | NT$19.35 | x |
| 2012-12-31 | NT$18.28 | NT$19.35 | x |
| 2013-12-31 | NT$21.47 | NT$19.35 | x |
| 2014-12-31 | NT$23.78 | NT$19.35 | x |
| 2015-12-31 | NT$22.96 | NT$19.35 | x |
| 2016-12-31 | NT$21.54 | NT$19.35 | x |
| 2017-12-31 | NT$21.83 | NT$19.35 | x |
| 2018-12-31 | NT$22.21 | NT$19.35 | x |
| 2019-12-31 | NT$21.50 | NT$19.35 | x |
| 2020-12-31 | NT$24.12 | NT$19.35 | x |
| 2021-12-31 | NT$19.10 | NT$19.35 | x |
| 2022-12-31 | NT$17.38 | NT$19.35 | x |
| 2023-12-31 | NT$19.32 | NT$19.35 | x |
| 2024-12-31 | NT$19.55 | NT$19.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tai Tung Communication Co Ltd 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): 12.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.35%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.21x
- Recent ROE (12.41%) is above the historical average (5.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 22.68% | 10.81% | 1.20x | 1.75x | NT$106.88 Million |
| 2010 | 25.78% | 13.68% | 1.27x | 1.49x | NT$147.66 Million |
| 2011 | 16.41% | 8.80% | 1.28x | 1.46x | NT$76.22 Million |
| 2012 | 14.80% | 9.75% | 0.89x | 1.70x | NT$63.13 Million |
| 2013 | 9.54% | 9.48% | 0.47x | 2.15x | NT$-8.01 Million |
| 2014 | 5.51% | 5.91% | 0.39x | 2.40x | NT$-98.73 Million |
| 2015 | 0.15% | 0.22% | 0.30x | 2.27x | NT$-233.47 Million |
| 2016 | 3.07% | 4.03% | 0.32x | 2.39x | NT$-168.25 Million |
| 2017 | 1.51% | 1.99% | 0.33x | 2.30x | NT$-227.99 Million |
| 2018 | 0.04% | 0.06% | 0.31x | 2.30x | NT$-266.89 Million |
| 2019 | -4.80% | -8.31% | 0.22x | 2.64x | NT$-387.52 Million |
| 2020 | -2.27% | -4.64% | 0.21x | 2.29x | NT$-360.98 Million |
| 2021 | -9.01% | -14.83% | 0.26x | 2.36x | NT$-540.72 Million |
| 2022 | -9.81% | -15.21% | 0.26x | 2.44x | NT$-521.96 Million |
| 2023 | 0.48% | 0.70% | 0.26x | 2.62x | NT$-283.31 Million |
| 2024 | 12.41% | 16.35% | 0.34x | 2.21x | NT$79.09 Million |
Industry Comparison
This section compares Tai Tung Communication Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $3,545,987,700
- Average return on equity (ROE) among peers: 5.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tai Tung Communication Co Ltd (8011) | NT$3.87 Billion | 22.68% | 0.83x | $101.15 Million |
| Microelectronics Technology Inc (2314) | $5.20 Billion | 8.15% | 0.60x | $47.14 Million |
| Tecom Co Ltd (2321) | $547.52 Million | 8.67% | 4.30x | $12.46 Million |
| D-Link Corp (2332) | $8.93 Billion | -4.95% | 0.76x | $260.42 Million |
| Accton Technology Corp (2345) | $7.06 Billion | 14.25% | 0.92x | $40.15 Billion |
| Hitron Technologies Inc (2419) | $3.48 Billion | 4.27% | 1.04x | $306.23 Million |
| Abocom Systems Inc (2444) | $1.36 Billion | 7.88% | 0.70x | $42.72 Million |
| Zinwell Corporation (2485) | $2.25 Billion | 6.82% | 0.17x | $587.53 Million |
| Loop Telecommunication International Inc (3025) | $787.95 Million | -5.56% | 0.24x | $107.43 Million |
| Edimax Technology Co Ltd (3047) | $2.49 Billion | 3.33% | 1.52x | $102.61 Million |
| CyberTAN Technology Inc (3062) | $3.36 Billion | 9.59% | 1.88x | $257.39 Million |
About Tai Tung Communication Co Ltd
Tai Tung Communication Co., Ltd. manufactures and sells communication cables in Taiwan. The company provides fiber optic cables, including loose tube duct, direct burial, aerial, all-dielectric self-supported, slotted-core ribbon type optical, indoor, drop, and micro-soft metal armored cables; and PON products, such as closures, rack-mount patch panels, and high density and wall-mount fiber distr… Read more