Tecstar Technology Co., Ltd.
Tecstar Technology Co., Ltd. produces and sells inductors in Taiwan, China, Hong Kong, and internationally. It offers multilayer chip beads and inductors, including multilayer ferrite chip beads and multilayer chip inductors. The company also provides SMD power inductors and EMI beads, such as SMD power inductors, SMD common mode chokes, and wound chip beads and inductors; and Ni-Zn soft ferrite … Read more
Tecstar Technology Co., Ltd. (3117) - Net Assets
Latest net assets as of June 2025: NT$56.74 Million TWD
Based on the latest financial reports, Tecstar Technology Co., Ltd. (3117) has net assets worth NT$56.74 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$616.45 Million) and total liabilities (NT$559.71 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$56.74 Million |
| % of Total Assets | 9.2% |
| Annual Growth Rate | -11.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.7 |
Tecstar Technology Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Tecstar 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 Tecstar Technology Co., Ltd. (2020–2024)
The table below shows the annual net assets of Tecstar Technology Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$94.80 Million | -25.38% |
| 2023-12-31 | NT$127.05 Million | -25.12% |
| 2022-12-31 | NT$169.66 Million | +4.55% |
| 2021-12-31 | NT$162.28 Million | +3.76% |
| 2020-12-31 | NT$156.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tecstar 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 decreased by 3818000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$228.00 Million | 240.50% |
| Other Comprehensive Income | NT$-1.43 Million | -1.51% |
| Total Equity | NT$94.80 Million | 100.00% |
Tecstar Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Tecstar Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ROYAL GOLD (RG3.SG)
STU:RG3
|
$2.34 Million |
|
Garda Tujuh Buana Tbk
JK:GTBO
|
$2.34 Million |
|
GENMAB (GE9.SG)
STU:GE9
|
$2.34 Million |
|
QEM Ltd
AU:QEM
|
$2.34 Million |
|
S F Capital Bhd
KLSE:8745
|
$2.34 Million |
|
PT Chemstar Indonesia Tbk
JK:CHEM
|
$2.34 Million |
|
AYR Strategies Inc Class A
OTCQX:AYRWF
|
$2.34 Million |
|
Silver Mountain Resources Inc.
OTCQB:AGMRF
|
$2.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tecstar Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 127,045,000 to 94,803,000, a change of -32,242,000 (-25.4%).
- Net loss of 42,623,000 reduced equity.
- New share issuances of 10,000,000 increased equity.
- Other comprehensive income decreased equity by 29,619,000.
- Other factors increased equity by 30,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-42.62 Million | -44.96% |
| Share Issuances | NT$10.00 Million | +10.55% |
| Other Comprehensive Income | NT$-29.62 Million | -31.24% |
| Other Changes | NT$30.00 Million | +31.64% |
| Total Change | NT$- | -25.38% |
Book Value vs Market Value Analysis
This analysis compares Tecstar 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: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.26x to 1.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$5.48 | NT$6.90 | x |
| 2021-12-31 | NT$8.63 | NT$6.90 | x |
| 2022-12-31 | NT$9.02 | NT$6.90 | x |
| 2023-12-31 | NT$6.76 | NT$6.90 | x |
| 2024-12-31 | NT$4.31 | NT$6.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tecstar Technology Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -44.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.60%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 7.11x
- Recent ROE (-44.96%) is below the historical average (-29.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -51.40% | -12.72% | 0.78x | 5.17x | NT$-96.03 Million |
| 2021 | 3.73% | 0.81% | 0.92x | 5.00x | NT$-10.18 Million |
| 2022 | 3.82% | 0.99% | 0.77x | 5.01x | NT$-10.49 Million |
| 2023 | -56.90% | -14.45% | 0.73x | 5.37x | NT$-84.99 Million |
| 2024 | -44.96% | -7.60% | 0.83x | 7.11x | NT$-52.10 Million |
Industry Comparison
This section compares Tecstar Technology Co., Ltd.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $187,867,240,100
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tecstar Technology Co., Ltd. (3117) | NT$56.74 Million | -51.40% | 9.86x | $2.34 Million |
| Syncmold Enterprise Corp (1582) | $4.29 Billion | 16.99% | 0.69x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.39 Billion | 0.00% | 0.90x | $1.40 Billion |
| Delta Electronics Inc (2308) | $325.39 Billion | 20.88% | 0.97x | $80.57 Billion |
| Compeq Manufacturing Co Ltd (2313) | $14.23 Billion | 2.16% | 1.01x | $6.72 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $76.45 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $561.22 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $460.73 Million |
| Solomon Technology Corp (2359) | $5.33 Billion | 8.60% | 0.59x | $417.90 Million |
| Unitech Printed Circuit Board Corp (2367) | $8.30 Billion | -8.42% | 1.39x | $1.40 Billion |
| Gold Circuit Electronics Ltd (2368) | $7.17 Billion | 1.81% | 1.92x | $8.82 Billion |