Wholetech System Hitech Ltd Net Assets
Wholetech System Hitech Ltd net assets. Based on the latest financial reports, Wholetech System Hitech Ltd (3402) has net assets worth NT$2.26 Billion TWD (≈ $71.26 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$6.32 Billion ≈ $199.14 Million USD) and total liabilities (NT$4.06 Billion ≈ $127.87 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 Wholetech System Hitech Ltd (3402) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.26 Billion |
| % of Total Assets | 35.79% |
| Annual Growth Rate | 10.16% |
| 5-Year Change | 40.64% |
| 10-Year Change | 71.31% |
| Growth Volatility | 21.84 |
Net Assets of Wholetech System Hitech Ltd (2004–2025)
Net assets of Wholetech System Hitech Ltd from 2004 to 2025. This chart illustrates how Wholetech System Hitech Ltd's net assets have evolved over time, based on quarterly financial data. See 3402 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Wholetech System Hitech Ltd (2004–2025)
The table below shows the annual net assets of Wholetech System Hitech Ltd from 2004 to 2025. For live market cap and overall valuation, see 3402 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.26 Billion ≈ $71.26 Million |
+9.58% |
| 2024-12-31 | NT$2.06 Billion ≈ $65.03 Million |
+10.49% |
| 2023-12-31 | NT$1.87 Billion ≈ $58.86 Million |
+4.73% |
| 2022-12-31 | NT$1.78 Billion ≈ $56.20 Million |
+10.91% |
| 2021-12-31 | NT$1.61 Billion ≈ $50.67 Million |
+9.99% |
| 2020-12-31 | NT$1.46 Billion ≈ $46.07 Million |
+4.78% |
| 2019-12-31 | NT$1.40 Billion ≈ $43.97 Million |
-3.26% |
| 2018-12-31 | NT$1.44 Billion ≈ $45.45 Million |
+5.15% |
| 2017-12-31 | NT$1.37 Billion ≈ $43.22 Million |
+3.90% |
| 2016-12-31 | NT$1.32 Billion ≈ $41.60 Million |
+8.39% |
| 2015-12-31 | NT$1.22 Billion ≈ $38.38 Million |
+2.54% |
| 2014-12-31 | NT$1.19 Billion ≈ $37.43 Million |
+9.25% |
| 2013-12-31 | NT$1.09 Billion ≈ $34.26 Million |
-6.02% |
| 2012-12-31 | NT$1.16 Billion ≈ $36.45 Million |
-2.75% |
| 2011-12-31 | NT$1.19 Billion ≈ $37.48 Million |
-2.28% |
| 2010-12-31 | NT$1.22 Billion ≈ $38.36 Million |
+79.43% |
| 2009-12-31 | NT$678.53 Million ≈ $21.38 Million |
+6.09% |
| 2008-12-31 | NT$639.55 Million ≈ $20.15 Million |
-19.47% |
| 2007-12-31 | NT$794.22 Million ≈ $25.02 Million |
+61.68% |
| 2006-12-31 | NT$491.24 Million ≈ $15.48 Million |
+22.31% |
| 2005-12-31 | NT$401.62 Million ≈ $12.65 Million |
+35.40% |
| 2004-12-31 | NT$296.62 Million ≈ $9.35 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wholetech System Hitech 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 1593.3% over the analyzed period, indicating profitable operations and earnings retention.
Wholetech System Hitech Ltd Net Assets Breakdown (December 2025)
Wholetech System Hitech Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.10 Billion | 48.49% |
| Other Components | NT$1.17 Billion | 51.51% |
| Total Equity | NT$2.26 Billion | 100.00% |
Wholetech System Hitech Ltd Competitors by Market Cap
The table below lists competitors of Wholetech System Hitech Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ligitek Electronics Co Ltd
TWO:8111
|
$264.67 Million |
|
Kailong High Technology Co. Ltd.
SHE:300912
|
$264.97 Million |
|
Soren Acquisition Corp. Class A Ordinary Shares
NASDAQ:SORN
|
$264.97 Million |
|
Mirae Asset Venture Investment Co. Ltd
KQ:100790
|
$264.98 Million |
|
Sinomach General Machinery Science Technology Co Ltd
SHG:600444
|
$264.61 Million |
|
USANA Health Sciences Inc
NYSE:USNA
|
$264.57 Million |
|
Letong Chemical Co Ltd
SHE:002319
|
$264.53 Million |
|
New Best Wire Industrial Co Ltd
TWO:5013
|
$264.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wholetech System Hitech Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,064,184,000 to 2,261,897,000, a change of 197,713,000 (9.6%).
- Net income of 547,754,000 contributed positively to equity growth.
- Dividend payments of 365,239,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$547.75 Million | +24.22% |
| Dividends Paid | NT$365.24 Million | -16.15% |
| Other Changes | NT$15.20 Million | +0.67% |
| Total Change | NT$- | 9.58% |
Book Value vs Market Value Analysis
This analysis compares Wholetech System Hitech 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: 3.71x
- 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 decreased from 6.12x to 3.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$18.78 | NT$115.00 | x |
| 2018-12-31 | NT$19.75 | NT$115.00 | x |
| 2019-12-31 | NT$19.10 | NT$115.00 | x |
| 2020-12-31 | NT$20.03 | NT$115.00 | x |
| 2021-12-31 | NT$22.20 | NT$115.00 | x |
| 2022-12-31 | NT$24.06 | NT$115.00 | x |
| 2023-12-31 | NT$25.29 | NT$115.00 | x |
| 2024-12-31 | NT$28.26 | NT$115.00 | x |
| 2025-12-31 | NT$30.96 | NT$115.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wholetech System Hitech 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): 24.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.44%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.79x
- Recent ROE (24.22%) is above the historical average (14.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 22.34% | 6.14% | 1.13x | 3.22x | NT$36.62 Million |
| 2005 | 19.86% | 5.74% | 1.19x | 2.91x | NT$36.59 Million |
| 2006 | 26.78% | 6.58% | 1.56x | 2.60x | NT$82.44 Million |
| 2007 | 26.44% | 8.88% | 1.36x | 2.18x | NT$130.57 Million |
| 2008 | 0.51% | 0.15% | 0.99x | 3.47x | NT$-60.69 Million |
| 2009 | 4.70% | 3.25% | 0.60x | 2.40x | NT$-35.99 Million |
| 2010 | 16.06% | 8.63% | 0.87x | 2.14x | NT$73.80 Million |
| 2011 | 5.54% | 3.88% | 0.82x | 1.74x | NT$-53.05 Million |
| 2012 | 5.95% | 5.54% | 0.66x | 1.62x | NT$-46.82 Million |
| 2013 | 0.12% | 0.11% | 0.63x | 1.65x | NT$-107.46 Million |
| 2014 | 3.87% | 2.40% | 0.84x | 1.92x | NT$-72.85 Million |
| 2015 | 6.02% | 2.93% | 0.79x | 2.60x | NT$-48.46 Million |
| 2016 | 14.14% | 5.69% | 0.99x | 2.50x | NT$54.62 Million |
| 2017 | 14.77% | 5.95% | 1.08x | 2.30x | NT$65.43 Million |
| 2018 | 18.02% | 6.99% | 1.16x | 2.22x | NT$115.63 Million |
| 2019 | 13.66% | 6.92% | 0.96x | 2.06x | NT$51.10 Million |
| 2020 | 14.47% | 7.43% | 0.93x | 2.08x | NT$65.35 Million |
| 2021 | 17.48% | 8.19% | 0.89x | 2.39x | NT$120.36 Million |
| 2022 | 21.62% | 8.07% | 0.77x | 3.46x | NT$207.33 Million |
| 2023 | 21.36% | 8.99% | 0.72x | 3.29x | NT$212.21 Million |
| 2024 | 23.99% | 9.02% | 0.84x | 3.16x | NT$288.71 Million |
| 2025 | 24.22% | 10.44% | 0.83x | 2.79x | NT$321.56 Million |
Industry Comparison
This section compares Wholetech System Hitech Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $8,643,191,000
- Average return on equity (ROE) among peers: 6.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wholetech System Hitech Ltd (3402) | NT$2.26 Billion | 22.34% | 1.79x | $264.66 Million |
| TECO Electric & Machinery Co Ltd (1504) | $61.70 Billion | 5.22% | 0.61x | $4.80 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $6.85 Billion | 6.20% | 1.66x | $2.28 Billion |
| Anderson Industrial Corp (1528) | $1.16 Billion | 0.00% | 1.16x | $166.67 Million |
| Awea Mechantronic Co Ltd (1530) | $567.80 Million | 10.65% | 0.62x | $80.02 Million |
| Kaulin Mfg (1531) | $3.64 Billion | 12.56% | 0.36x | $64.55 Million |
| Chiu Ting Machinery Co Ltd (1539) | $934.09 Million | 3.89% | 1.22x | $31.10 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.44 Billion | 8.02% | 0.15x | $48.34 Million |
| Sinmag Equipment (1580) | $2.71 Billion | 12.44% | 0.37x | $147.67 Million |
| Goodway Machine Corp (1583) | $5.48 Billion | 4.51% | 1.17x | $160.62 Million |
| Airtac International Group (1590) | $1.95 Billion | 0.00% | 0.92x | $6.62 Billion |
About Wholetech System Hitech Ltd
Wholetech System Hitech Limited provides system integration services in Taiwan, China, Japan, and Singapore. It operates through Construction and Equipment segments. The company offers semiconductors, pipelines, chemical equipment, chemical supply, chemical polishing liquid, gas exhaust, waste, gas treatment, and automatic control equipment, as well as trades and sells equipment products and mech… Read more