Microtips Technology (3285) - Net Assets
Based on the latest financial reports, Microtips Technology (3285) has net assets worth NT$620.24 Million TWD (≈ $19.54 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$889.33 Million ≈ $28.02 Million USD) and total liabilities (NT$269.08 Million ≈ $8.48 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. Check asset resilience ratio of Microtips Technology to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$620.24 Million |
| % of Total Assets | 69.74% |
| Annual Growth Rate | 0.33% |
| 5-Year Change | 2.27% |
| 10-Year Change | N/A |
| Growth Volatility | 4.17 |
Microtips Technology - Net Assets Trend (2017–2025)
This chart illustrates how Microtips Technology's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Microtips Technology for the complete picture of this company's asset base.
Annual Net Assets for Microtips Technology (2017–2025)
The table below shows the annual net assets of Microtips Technology from 2017 to 2025. For live valuation and market cap data, see market cap of Microtips Technology.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$620.24 Million ≈ $19.54 Million |
-2.91% |
| 2024-12-31 | NT$638.80 Million ≈ $20.13 Million |
+3.18% |
| 2023-12-31 | NT$619.09 Million ≈ $19.50 Million |
+4.30% |
| 2022-12-31 | NT$593.58 Million ≈ $18.70 Million |
-2.13% |
| 2021-12-31 | NT$606.48 Million ≈ $19.11 Million |
+1.59% |
| 2020-12-31 | NT$597.00 Million ≈ $18.81 Million |
+3.93% |
| 2019-12-31 | NT$574.41 Million ≈ $18.10 Million |
-8.25% |
| 2018-12-31 | NT$626.09 Million ≈ $19.73 Million |
+3.61% |
| 2017-12-31 | NT$604.26 Million ≈ $19.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Microtips Technology'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 41.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$74.55 Million | 12.35% |
| Other Components | NT$529.02 Million | 87.65% |
| Total Equity | NT$603.57 Million | 100.00% |
Microtips Technology Competitors by Market Cap
The table below lists competitors of Microtips Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taegu Broadcasting Corporation
KQ:033830
|
$38.38 Million |
|
Avision Inc
TW:2380
|
$38.38 Million |
|
OKYO PHARMA LTD SP.ADR/65
F:OK10
|
$38.38 Million |
|
Supercom Ltd
NASDAQ:SPCB
|
$38.40 Million |
|
United Recommend International Co Ltd
TWO:5321
|
$38.37 Million |
|
Shinwha Intertek Corp
KQ:056700
|
$38.36 Million |
|
Rossmax International Ltd
TWO:4121
|
$38.32 Million |
|
Local Bounti Corp
NYSE:LOCL
|
$38.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microtips Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 622,083,000 to 603,567,000, a change of -18,516,000 (-3.0%).
- Net income of 29,986,000 contributed positively to equity growth.
- Dividend payments of 42,735,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$29.99 Million | +4.97% |
| Dividends Paid | NT$42.73 Million | -7.08% |
| Other Changes | NT$-5.77 Million | -0.96% |
| Total Change | NT$- | -2.98% |
Book Value vs Market Value Analysis
This analysis compares Microtips Technology'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: 2.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$13.52 | NT$28.50 | x |
| 2018-12-31 | NT$14.50 | NT$28.50 | x |
| 2019-12-31 | NT$13.34 | NT$28.50 | x |
| 2020-12-31 | NT$13.85 | NT$28.50 | x |
| 2021-12-31 | NT$13.93 | NT$28.50 | x |
| 2022-12-31 | NT$13.41 | NT$28.50 | x |
| 2023-12-31 | NT$14.03 | NT$28.50 | x |
| 2024-12-31 | NT$14.56 | NT$28.50 | x |
| 2025-12-31 | NT$14.12 | NT$28.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microtips Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.42%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.47x
- Recent ROE (4.97%) is above the historical average (4.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 3.77% | 2.00% | 1.13x | 1.68x | NT$-37.13 Million |
| 2018 | 12.18% | 6.08% | 1.19x | 1.68x | NT$13.53 Million |
| 2019 | 1.30% | 0.87% | 1.03x | 1.44x | NT$-49.58 Million |
| 2020 | 4.78% | 2.98% | 1.05x | 1.53x | NT$-30.90 Million |
| 2021 | -0.17% | -0.11% | 0.98x | 1.65x | NT$-60.58 Million |
| 2022 | -3.46% | -2.31% | 0.92x | 1.63x | NT$-77.15 Million |
| 2023 | 4.67% | 3.76% | 0.87x | 1.43x | NT$-31.94 Million |
| 2024 | 8.08% | 5.95% | 0.95x | 1.42x | NT$-11.96 Million |
| 2025 | 4.97% | 4.42% | 0.76x | 1.47x | NT$-30.37 Million |
Industry Comparison
This section compares Microtips Technology's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microtips Technology (3285) | NT$620.24 Million | 3.77% | 0.43x | $38.37 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About Microtips Technology
Microtips Technology Inc. engages in the sale of LCD display modules and digital audio products in Taiwan, the United States, China, and internationally. It offers musical instrument, such as effects testing machine, sounds amplifiers for professional recording studio and concert, digital musical instruments for audio studio, pub and club, digital audio processor, sound recorder, multichannel mix… Read more