T-Flex Techvest PCB Co., Ltd.
T-Flex Techvest PCB Co., Ltd. engages in the manufacture, processing, purchase, and sale of electronic parts and components, and printed circuit boards (PCB) in Taiwan, the United States, and internationally. The company offers mobile phone boards, communication boards, mother boards, TFT-LCD boards, and high-density interconnection boards. It also provides original equipment manufacturing servic… Read more
T-Flex Techvest PCB Co., Ltd. (3276) - Net Assets
Latest net assets as of September 2025: NT$851.58 Million TWD
Based on the latest financial reports, T-Flex Techvest PCB Co., Ltd. (3276) has net assets worth NT$851.58 Million 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$1.46 Billion) and total liabilities (NT$606.62 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$851.58 Million |
| % of Total Assets | 58.4% |
| Annual Growth Rate | 6.13% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.46 |
T-Flex Techvest PCB Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how T-Flex Techvest PCB 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 T-Flex Techvest PCB Co., Ltd. (2020–2024)
The table below shows the annual net assets of T-Flex Techvest PCB Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$900.09 Million | -4.44% |
| 2023-12-31 | NT$941.95 Million | -0.28% |
| 2022-12-31 | NT$944.60 Million | +6.12% |
| 2021-12-31 | NT$890.10 Million | +25.46% |
| 2020-12-31 | NT$709.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to T-Flex Techvest PCB 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 6994900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$18.06 Million | 2.27% |
| Other Components | NT$778.40 Million | 97.73% |
| Total Equity | NT$796.45 Million | 100.00% |
T-Flex Techvest PCB Co., Ltd. Competitors by Market Cap
The table below lists competitors of T-Flex Techvest PCB Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medicamen Biotech Limited
NSE:MEDICAMEQ
|
$16.18 Million |
|
Entertainment Network (India) Limited
NSE:ENIL
|
$16.18 Million |
|
Sekuro Plastik Ambalaj Sanayi AS
IS:SEKUR
|
$16.19 Million |
|
Eagle Pharmaceuticals Inc
PINK:EGRX
|
$16.20 Million |
|
Black Dragon Gold Corp
AU:BDG
|
$16.17 Million |
|
IokCompany Co. Ltd
KQ:078860
|
$16.16 Million |
|
Higgstec
TWO:5220
|
$16.16 Million |
|
Hotel Fitra International Tbk PT
JK:FITT
|
$16.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in T-Flex Techvest PCB Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 797,708,000 to 796,453,000, a change of -1,255,000 (-0.2%).
- Net loss of 9,627,000 reduced equity.
- Dividend payments of 13,943,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,378,000.
- Other factors increased equity by 18,937,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-9.63 Million | -1.21% |
| Dividends Paid | NT$13.94 Million | -1.75% |
| Other Comprehensive Income | NT$3.38 Million | +0.42% |
| Other Changes | NT$18.94 Million | +2.38% |
| Total Change | NT$- | -0.16% |
Book Value vs Market Value Analysis
This analysis compares T-Flex Techvest PCB 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: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.46x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$9.53 | NT$13.95 | x |
| 2021-12-31 | NT$10.71 | NT$13.95 | x |
| 2022-12-31 | NT$11.30 | NT$13.95 | x |
| 2023-12-31 | NT$11.41 | NT$13.95 | x |
| 2024-12-31 | NT$11.42 | NT$13.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently T-Flex Techvest PCB Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.08%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.08x
- Recent ROE (-1.21%) is below the historical average (5.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 1.93% | 1.02% | 0.63x | 3.01x | NT$-53.61 Million |
| 2021 | 10.96% | 5.06% | 0.85x | 2.56x | NT$7.20 Million |
| 2022 | 7.63% | 4.53% | 0.81x | 2.09x | NT$-18.76 Million |
| 2023 | 6.87% | 4.25% | 0.74x | 2.17x | NT$-24.96 Million |
| 2024 | -1.21% | -1.08% | 0.54x | 2.08x | NT$-89.27 Million |
Industry Comparison
This section compares T-Flex Techvest PCB Co., Ltd.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| T-Flex Techvest PCB Co., Ltd. (3276) | NT$851.58 Million | 1.93% | 0.71x | $16.17 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |