CTI Traffic Industries Co Ltd Net Assets
CTI Traffic Industries Co Ltd net assets. Based on the latest financial reports, CTI Traffic Industries Co Ltd (2230) has net assets worth NT$1.23 Billion TWD (≈ $38.70 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$1.92 Billion ≈ $60.61 Million USD) and total liabilities (NT$695.62 Million ≈ $21.92 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. Also explore net asset momentum of CTI Traffic Industries Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.23 Billion |
| % of Total Assets | 63.84% |
| Annual Growth Rate | 12.16% |
| 5-Year Change | 175.15% |
| 10-Year Change | N/A |
| Growth Volatility | 23.57 |
Net Assets of CTI Traffic Industries Co Ltd (2016–2024)
Net assets of CTI Traffic Industries Co Ltd from 2016 to 2024. This chart illustrates how CTI Traffic Industries Co Ltd's net assets have evolved over time, based on quarterly financial data. See CTI Traffic Industries Co Ltd (2230) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for CTI Traffic Industries Co Ltd (2016–2024)
The table below shows the annual net assets of CTI Traffic Industries Co Ltd from 2016 to 2024. For live market cap and overall valuation, see CTI Traffic Industries Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.35 Billion ≈ $42.61 Million |
+50.31% |
| 2023-12-31 | NT$899.84 Million ≈ $28.35 Million |
+52.22% |
| 2022-12-31 | NT$591.13 Million ≈ $18.62 Million |
+25.23% |
| 2021-12-31 | NT$472.03 Million ≈ $14.87 Million |
-3.97% |
| 2020-12-31 | NT$491.56 Million ≈ $15.49 Million |
+4.56% |
| 2019-12-31 | NT$470.11 Million ≈ $14.81 Million |
-2.44% |
| 2018-12-31 | NT$481.88 Million ≈ $15.18 Million |
+2.44% |
| 2017-12-31 | NT$470.39 Million ≈ $14.82 Million |
-12.92% |
| 2016-12-31 | NT$540.18 Million ≈ $17.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CTI Traffic Industries 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 3071.1% over the analyzed period, indicating profitable operations and earnings retention.
CTI Traffic Industries Co Ltd Net Assets Breakdown (December 2024)
CTI Traffic Industries Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$431.61 Million | 32.41% |
| Other Components | NT$900.12 Million | 67.59% |
| Total Equity | NT$1.33 Billion | 100.00% |
CTI Traffic Industries Co Ltd Competitors by Market Cap
The table below lists competitors of CTI Traffic Industries Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Honmyue Enterprise Co Ltd
TW:1474
|
$40.19 Million |
|
IG Group Holdings PLC
LSE:IGG
|
$40.20 Million |
|
U.C.A. AG O.N.
F:UCA1
|
$40.20 Million |
|
Crest Group Berhad
KLSE:0323
|
$40.20 Million |
|
SSC Security Services Corp
V:SECU
|
$40.18 Million |
|
Song Ho Industrial Co Ltd
TWO:5016
|
$40.18 Million |
|
LORDS CHLORO ALKALI ORD T (BSE)
NSE:LORDSCHLO
|
$40.17 Million |
|
Full Wang International Development Co Ltd
TWO:6219
|
$40.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CTI Traffic Industries Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 885,038,000 to 1,331,735,000, a change of 446,697,000 (50.5%).
- Net income of 324,434,000 contributed positively to equity growth.
- Dividend payments of 51,124,000 reduced retained earnings.
- Other comprehensive income decreased equity by 66,699,000.
- Other factors increased equity by 240,086,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$324.43 Million | +24.36% |
| Dividends Paid | NT$51.12 Million | -3.84% |
| Other Comprehensive Income | NT$-66.70 Million | -5.01% |
| Other Changes | NT$240.09 Million | +18.03% |
| Total Change | NT$- | 50.47% |
Book Value vs Market Value Analysis
This analysis compares CTI Traffic Industries 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: 0.92x
- 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 1.70x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$11.06 | NT$18.75 | x |
| 2017-12-31 | NT$10.53 | NT$18.75 | x |
| 2018-12-31 | NT$10.78 | NT$18.75 | x |
| 2019-12-31 | NT$10.46 | NT$18.75 | x |
| 2020-12-31 | NT$10.07 | NT$18.75 | x |
| 2021-12-31 | NT$9.75 | NT$18.75 | x |
| 2022-12-31 | NT$12.77 | NT$18.75 | x |
| 2023-12-31 | NT$16.09 | NT$18.75 | x |
| 2024-12-31 | NT$20.38 | NT$18.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CTI Traffic Industries Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.39%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.37x
- Recent ROE (24.36%) is above the historical average (6.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.19% | 0.20% | 0.47x | 2.03x | NT$-48.48 Million |
| 2017 | -3.75% | -3.20% | 0.54x | 2.18x | NT$-64.66 Million |
| 2018 | 2.09% | 1.79% | 0.58x | 2.03x | NT$-38.10 Million |
| 2019 | 0.26% | 0.23% | 0.63x | 1.84x | NT$-45.78 Million |
| 2020 | -4.25% | -4.03% | 0.52x | 2.04x | NT$-64.61 Million |
| 2021 | -0.71% | -0.55% | 0.55x | 2.35x | NT$-47.01 Million |
| 2022 | 21.95% | 25.05% | 0.50x | 1.75x | NT$68.78 Million |
| 2023 | 14.29% | 19.20% | 0.45x | 1.65x | NT$37.93 Million |
| 2024 | 24.36% | 16.39% | 1.08x | 1.37x | NT$191.26 Million |
Industry Comparison
This section compares CTI Traffic Industries Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,553,288,100
- Average return on equity (ROE) among peers: 7.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CTI Traffic Industries Co Ltd (2230) | NT$1.23 Billion | 0.19% | 0.57x | $40.19 Million |
| Tong Yang Industry Co Ltd (1319) | $19.13 Billion | 8.86% | 0.90x | $1.42 Billion |
| Taihan Precision Technology Co Ltd (1336) | $1.95 Billion | 8.36% | 0.59x | $41.20 Million |
| Hiroca Holdings Ltd (1338) | $6.10 Billion | 10.37% | 0.41x | $34.86 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $4.19 Billion | 8.86% | 0.22x | $94.70 Million |
| Right Way Industrial Co Ltd (1506) | $1.09 Billion | 3.95% | 1.24x | $89.24 Million |
| Jui Li Enterprise Co Ltd (1512) | $1.55 Billion | -9.79% | 2.21x | $19.21 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.87 Billion | 3.56% | 0.60x | $59.56 Million |
| TYC Brother Industrial Co Ltd (1522) | $6.64 Billion | 11.44% | 1.78x | $247.68 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $1.78 Billion | 12.19% | 1.22x | $132.03 Million |
| Kian Shen Corp (1525) | $1.24 Billion | 13.96% | 0.48x | $149.16 Million |
About CTI Traffic Industries Co Ltd
C.T.I. Traffic Industries Co., Ltd. manufactures and sells of engine parts in Taiwan and internationally. The company offers DLC piston rings comprising black diamond piston rings; gasoline piston ring-oil ring; and chrome, nitriding, and phosphate diesel ring-oil ring. It provides green energy products, consisting of motor batteries, energy storage system, green power, and jump starter products;… Read more