Taihan Precision Technology Co Ltd
Taihan Precision Technology Co., Ltd. engages in the design, development, manufacture, and sale of precision plastic injection molding, coating, and component assembling solutions in Taiwan, China, Vietnam, and Philippines. The company's products are used in consumer electronic products, cloud networking products, multi-functional business machines, home audio-visual entertainment devices, automo… Read more
Taihan Precision Technology Co Ltd (1336) - Net Assets
Latest net assets as of September 2025: NT$1.78 Billion TWD
Based on the latest financial reports, Taihan Precision Technology Co Ltd (1336) has net assets worth NT$1.78 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$3.09 Billion) and total liabilities (NT$1.32 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$1.78 Billion |
| % of Total Assets | 57.45% |
| Annual Growth Rate | 2.86% |
| 5-Year Change | 19.53% |
| 10-Year Change | N/A |
| Growth Volatility | 5.62 |
Taihan Precision Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Taihan Precision Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taihan Precision Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Taihan Precision Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.95 Billion | +10.17% |
| 2023-12-31 | NT$1.77 Billion | +2.67% |
| 2022-12-31 | NT$1.72 Billion | +11.26% |
| 2021-12-31 | NT$1.55 Billion | -5.02% |
| 2020-12-31 | NT$1.63 Billion | -2.54% |
| 2019-12-31 | NT$1.67 Billion | +0.65% |
| 2018-12-31 | NT$1.66 Billion | +3.94% |
| 2017-12-31 | NT$1.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taihan Precision Technology 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 1765.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$370.31 Million | 19.00% |
| Other Components | NT$1.58 Billion | 81.00% |
| Total Equity | NT$1.95 Billion | 100.00% |
Taihan Precision Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Taihan Precision Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NHN Bugs Corp
KQ:104200
|
$21.34 Million |
|
American Pacific Mining Corp
OTCQX:USGDF
|
$21.34 Million |
|
The E&M Co. Ltd
KQ:089230
|
$21.35 Million |
|
ShoulderUP Technology Acquisition Corp
PINK:SUAC
|
$21.35 Million |
|
TherapeuticsMD Inc
NASDAQ:TXMD
|
$21.32 Million |
|
KDXRF
PINK:KDXRF
|
$21.30 Million |
|
Sanko Pazarlama Ithalat Ihracat AS
IS:SANKO
|
$21.30 Million |
|
Bioxyne Ltd
AU:BXN
|
$21.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taihan Precision Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,769,496,000 to 1,949,387,000, a change of 179,891,000 (10.2%).
- Net income of 162,932,000 contributed positively to equity growth.
- Dividend payments of 32,104,000 reduced retained earnings.
- Other factors increased equity by 49,063,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$162.93 Million | +8.36% |
| Dividends Paid | NT$32.10 Million | -1.65% |
| Other Changes | NT$49.06 Million | +2.52% |
| Total Change | NT$- | 10.17% |
Book Value vs Market Value Analysis
This analysis compares Taihan Precision Technology 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: 0.59x
- 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 0.76x to 0.59x 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$19.23 | NT$14.65 | x |
| 2018-12-31 | NT$19.76 | NT$14.65 | x |
| 2019-12-31 | NT$19.67 | NT$14.65 | x |
| 2020-12-31 | NT$20.83 | NT$14.65 | x |
| 2021-12-31 | NT$20.01 | NT$14.65 | x |
| 2022-12-31 | NT$22.19 | NT$14.65 | x |
| 2023-12-31 | NT$22.65 | NT$14.65 | x |
| 2024-12-31 | NT$24.90 | NT$14.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taihan Precision Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.36%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.59x
- Recent ROE (8.36%) is above the historical average (7.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.32% | 4.42% | 0.94x | 1.51x | NT$-58.89 Million |
| 2018 | 6.42% | 3.83% | 1.11x | 1.51x | NT$-59.55 Million |
| 2019 | 4.39% | 3.12% | 1.00x | 1.41x | NT$-93.92 Million |
| 2020 | 11.82% | 10.11% | 0.78x | 1.50x | NT$29.64 Million |
| 2021 | 4.97% | 3.70% | 0.92x | 1.46x | NT$-77.85 Million |
| 2022 | 9.16% | 5.91% | 0.95x | 1.63x | NT$-14.55 Million |
| 2023 | 6.07% | 4.64% | 0.88x | 1.49x | NT$-69.56 Million |
| 2024 | 8.36% | 6.36% | 0.83x | 1.59x | NT$-32.01 Million |
Industry Comparison
This section compares Taihan Precision Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,317,046,000
- Average return on equity (ROE) among peers: -18.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taihan Precision Technology Co Ltd (1336) | NT$1.78 Billion | 6.32% | 0.74x | $21.32 Million |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Hiroca Holdings Ltd (1338) | $6.57 Billion | 4.49% | 0.58x | $25.70 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.59 Billion | 3.28% | 0.48x | $26.01 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | 0.00% | 1.41x | $45.05 Million |
| Jui Li Enterprise Co Ltd (1512) | $75.41 Million | -204.20% | 22.29x | $15.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.26 Billion | 4.47% | 0.94x | $18.35 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $174.92 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.11 Billion | 10.49% | 1.30x | $89.90 Million |
| Kian Shen Corp (1525) | $4.44 Billion | 6.91% | 0.20x | $31.87 Million |