Otobrite Electronics Inc
oToBrite Electronics, Inc. engages in developing driver safety system products and artificial intelligence technologies in Taiwan. The company provides vehicle cameras and driver assistance systems. oToBrite Electronics, Inc. was founded in 2013 and is based in Hsinchu City, Taiwan.
Otobrite Electronics Inc (2256) - Net Assets
Latest net assets as of June 2025: NT$169.99 Million TWD
Based on the latest financial reports, Otobrite Electronics Inc (2256) has net assets worth NT$169.99 Million 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$362.58 Million) and total liabilities (NT$192.59 Million). 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$169.99 Million |
| % of Total Assets | 46.88% |
| Annual Growth Rate | -6.54% |
| 5-Year Change | -9.76% |
| 10-Year Change | N/A |
| Growth Volatility | 38.75 |
Otobrite Electronics Inc - Net Assets Trend (2019–2024)
This chart illustrates how Otobrite Electronics 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 Otobrite Electronics Inc (2019–2024)
The table below shows the annual net assets of Otobrite Electronics Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$211.10 Million | +18.50% |
| 2023-12-31 | NT$178.15 Million | -53.96% |
| 2022-12-31 | NT$386.93 Million | +2.22% |
| 2021-12-31 | NT$378.54 Million | +61.81% |
| 2020-12-31 | NT$233.94 Million | -20.98% |
| 2019-12-31 | NT$296.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Otobrite Electronics 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 decreased by 4001800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$383.79 Million | 181.80% |
| Other Components | NT$67.53 Million | 31.99% |
| Total Equity | NT$211.10 Million | 100.00% |
Otobrite Electronics Inc Competitors by Market Cap
The table below lists competitors of Otobrite Electronics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
T3 Entertainment Co. Ltd.
KO:204610
|
$16.91K |
|
Tae Won Mulsan Co. Ltd.
KQ:001420
|
$16.91K |
|
BBVA Sociedad Titulizadora S.A.
LIM:FIBPRIME
|
$16.93K |
|
Eleving Group S.A.
XETRA:OT8
|
$16.94K |
|
Webull Corporation Incentive Warrant
NASDAQ:BULLZ
|
$16.87K |
|
Sangsin Brake Co. Ltd.
KQ:041650
|
$16.85K |
|
abrdn European Logistics Income PLC
LSE:ASLI_old
|
$16.85K |
|
Megawide Construction Corp Preferred
PSE:MWP4
|
$16.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Otobrite Electronics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 178,150,000 to 211,102,000, a change of 32,952,000 (18.5%).
- Net loss of 39,639,000 reduced equity.
- New share issuances of 62,100,000 increased equity.
- Other comprehensive income decreased equity by 20,052,000.
- Other factors increased equity by 30,543,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-39.64 Million | -18.78% |
| Share Issuances | NT$62.10 Million | +29.42% |
| Other Comprehensive Income | NT$-20.05 Million | -9.5% |
| Other Changes | NT$30.54 Million | +14.47% |
| Total Change | NT$- | 18.50% |
Book Value vs Market Value Analysis
This analysis compares Otobrite Electronics 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: 10.61x
- 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 increased from 5.64x to 10.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$10.71 | NT$60.40 | x |
| 2020-12-31 | NT$8.00 | NT$60.40 | x |
| 2021-12-31 | NT$11.11 | NT$60.40 | x |
| 2022-12-31 | NT$11.16 | NT$60.40 | x |
| 2023-12-31 | NT$5.16 | NT$60.40 | x |
| 2024-12-31 | NT$5.69 | NT$60.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Otobrite Electronics Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -18.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.02%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.71x
- Recent ROE (-18.78%) is above the historical average (-33.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -35.70% | 0.00% | 0.00x | 1.13x | NT$-135.30 Million |
| 2020 | -26.11% | -19.45% | 0.80x | 1.67x | NT$-84.48 Million |
| 2021 | 8.10% | 3.85% | 1.12x | 1.88x | NT$-7.20 Million |
| 2022 | 1.39% | 0.79% | 1.15x | 1.52x | NT$-33.31 Million |
| 2023 | -128.57% | -82.25% | 0.74x | 2.12x | NT$-246.87 Million |
| 2024 | -18.78% | -11.02% | 1.00x | 1.71x | NT$-60.75 Million |
Industry Comparison
This section compares Otobrite Electronics Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,045,310,500
- Average return on equity (ROE) among peers: -15.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Otobrite Electronics Inc (2256) | NT$169.99 Million | -35.70% | 1.13x | $16.89K |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $21.32 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 |