Tung Thih Electronic Co Ltd Net Assets
Tung Thih Electronic Co Ltd net assets. Based on the latest financial reports, Tung Thih Electronic Co Ltd (3552) has net assets worth NT$4.44 Billion TWD (≈ $139.96 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$10.70 Billion ≈ $337.18 Million USD) and total liabilities (NT$6.26 Billion ≈ $197.22 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 Tung Thih Electronic Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.44 Billion |
| % of Total Assets | 41.51% |
| Annual Growth Rate | 12.82% |
| 5-Year Change | 16.03% |
| 10-Year Change | 5.1% |
| Growth Volatility | 17.92 |
Net Assets of Tung Thih Electronic Co Ltd (2006–2025)
Net assets of Tung Thih Electronic Co Ltd from 2006 to 2025. This chart illustrates how Tung Thih Electronic Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Tung Thih Electronic Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Tung Thih Electronic Co Ltd (2006–2025)
The table below shows the annual net assets of Tung Thih Electronic Co Ltd from 2006 to 2025. For live market cap and overall valuation, see 3552 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.44 Billion ≈ $139.96 Million |
-0.08% |
| 2024-12-31 | NT$4.45 Billion ≈ $140.07 Million |
+3.02% |
| 2023-12-31 | NT$4.32 Billion ≈ $135.96 Million |
+0.23% |
| 2022-12-31 | NT$4.31 Billion ≈ $135.64 Million |
+12.45% |
| 2021-12-31 | NT$3.83 Billion ≈ $120.62 Million |
+8.74% |
| 2020-12-31 | NT$3.52 Billion ≈ $110.92 Million |
+9.20% |
| 2019-12-31 | NT$3.22 Billion ≈ $101.58 Million |
-8.13% |
| 2018-12-31 | NT$3.51 Billion ≈ $110.57 Million |
-12.52% |
| 2017-12-31 | NT$4.01 Billion ≈ $126.40 Million |
-5.08% |
| 2016-12-31 | NT$4.23 Billion ≈ $133.17 Million |
+13.47% |
| 2015-12-31 | NT$3.73 Billion ≈ $117.36 Million |
+13.79% |
| 2014-12-31 | NT$3.27 Billion ≈ $103.14 Million |
+19.88% |
| 2013-12-31 | NT$2.73 Billion ≈ $86.04 Million |
+30.79% |
| 2012-12-31 | NT$2.09 Billion ≈ $65.78 Million |
+9.49% |
| 2011-12-31 | NT$1.91 Billion ≈ $60.08 Million |
+7.48% |
| 2010-12-31 | NT$1.77 Billion ≈ $55.90 Million |
+53.78% |
| 2009-12-31 | NT$1.15 Billion ≈ $36.35 Million |
+38.60% |
| 2008-12-31 | NT$832.45 Million ≈ $26.23 Million |
+23.20% |
| 2007-12-31 | NT$675.72 Million ≈ $21.29 Million |
+50.46% |
| 2006-12-31 | NT$449.11 Million ≈ $14.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tung Thih Electronic 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 2108.3% over the analyzed period, indicating profitable operations and earnings retention.
Tung Thih Electronic Co Ltd Net Assets Breakdown (December 2025)
Tung Thih Electronic Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.85 Billion | 41.60% |
| Other Components | NT$2.59 Billion | 58.40% |
| Total Equity | NT$4.44 Billion | 100.00% |
Tung Thih Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Tung Thih Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yatra Online Limited
NSE:YATRA
|
$116.33 Million |
|
Apiam Animal Health Ltd
AU:AHX
|
$116.33 Million |
|
Top Union Electronics
TWO:6266
|
$116.35 Million |
|
Reyon Pharmaceutical Co Ltd
KO:102460
|
$116.46 Million |
|
Kenorland Minerals Ltd
V:KLD
|
$116.30 Million |
|
VIROMED MEDICAL NA O.N.
XETRA:VME
|
$116.27 Million |
|
Gabelli Global Utility & Income Tr
NYSE MKT:GLU
|
$116.21 Million |
|
PKP Cargo S.A.
WAR:PKP
|
$116.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tung Thih Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,445,841,000 to 4,442,330,000, a change of -3,511,000 (-0.1%).
- Net income of 65,944,000 contributed positively to equity growth.
- Dividend payments of 75,322,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$65.94 Million | +1.48% |
| Dividends Paid | NT$75.32 Million | -1.7% |
| Other Changes | NT$5.87 Million | +0.13% |
| Total Change | NT$- | -0.08% |
Book Value vs Market Value Analysis
This analysis compares Tung Thih Electronic 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: 0.83x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.84x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$7.79 | NT$37.70 | x |
| 2007-12-31 | NT$10.40 | NT$37.70 | x |
| 2008-12-31 | NT$12.40 | NT$37.70 | x |
| 2009-12-31 | NT$15.46 | NT$37.70 | x |
| 2010-12-31 | NT$22.50 | NT$37.70 | x |
| 2011-12-31 | NT$24.87 | NT$37.70 | x |
| 2012-12-31 | NT$27.28 | NT$37.70 | x |
| 2013-12-31 | NT$32.92 | NT$37.70 | x |
| 2014-12-31 | NT$39.15 | NT$37.70 | x |
| 2015-12-31 | NT$43.78 | NT$37.70 | x |
| 2016-12-31 | NT$49.62 | NT$37.70 | x |
| 2017-12-31 | NT$46.98 | NT$37.70 | x |
| 2018-12-31 | NT$41.01 | NT$37.70 | x |
| 2019-12-31 | NT$37.67 | NT$37.70 | x |
| 2020-12-31 | NT$41.13 | NT$37.70 | x |
| 2021-12-31 | NT$44.68 | NT$37.70 | x |
| 2022-12-31 | NT$50.18 | NT$37.70 | x |
| 2023-12-31 | NT$50.31 | NT$37.70 | x |
| 2024-12-31 | NT$45.40 | NT$37.70 | x |
| 2025-12-31 | NT$45.37 | NT$37.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tung Thih Electronic 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): 1.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.78%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.41x
- Recent ROE (1.48%) is below the historical average (11.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 14.27% | 6.36% | 0.93x | 2.42x | NT$19.19 Million |
| 2007 | 16.82% | 8.05% | 0.87x | 2.41x | NT$46.10 Million |
| 2008 | 11.62% | 5.53% | 0.86x | 2.43x | NT$13.50 Million |
| 2009 | 21.37% | 9.84% | 0.96x | 2.26x | NT$131.19 Million |
| 2010 | 20.57% | 10.76% | 0.95x | 2.00x | NT$187.56 Million |
| 2011 | 14.89% | 8.22% | 0.83x | 2.19x | NT$93.28 Million |
| 2012 | 14.28% | 7.45% | 0.91x | 2.11x | NT$89.43 Million |
| 2013 | 14.87% | 9.00% | 0.83x | 1.98x | NT$132.95 Million |
| 2014 | 14.53% | 9.25% | 0.78x | 2.02x | NT$148.46 Million |
| 2015 | 21.22% | 11.23% | 0.84x | 2.25x | NT$417.80 Million |
| 2016 | 28.48% | 12.20% | 1.02x | 2.28x | NT$780.93 Million |
| 2017 | 10.71% | 5.50% | 0.83x | 2.35x | NT$28.65 Million |
| 2018 | -7.44% | -3.51% | 0.84x | 2.52x | NT$-611.93 Million |
| 2019 | -5.93% | -2.63% | 0.79x | 2.84x | NT$-513.59 Million |
| 2020 | 7.92% | 3.93% | 0.75x | 2.68x | NT$-73.07 Million |
| 2021 | 12.16% | 5.55% | 0.82x | 2.66x | NT$82.74 Million |
| 2022 | 14.35% | 6.50% | 0.93x | 2.37x | NT$187.26 Million |
| 2023 | 8.94% | 3.89% | 0.94x | 2.44x | NT$-45.61 Million |
| 2024 | 3.26% | 1.70% | 0.79x | 2.43x | NT$-299.66 Million |
| 2025 | 1.48% | 0.78% | 0.79x | 2.41x | NT$-378.29 Million |
Industry Comparison
This section compares Tung Thih Electronic Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,880,530,000
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tung Thih Electronic Co Ltd (3552) | NT$4.44 Billion | 14.27% | 1.41x | $116.30 Million |
| Tong Yang Industry Co Ltd (1319) | $25.91 Billion | 11.65% | 0.35x | $1.45 Billion |
| Taihan Precision Technology Co Ltd (1336) | $1.55 Billion | 4.97% | 0.46x | $41.94 Million |
| Hiroca Holdings Ltd (1338) | $6.82 Billion | 11.37% | 0.45x | $35.49 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.36 Billion | 8.22% | 0.95x | $96.57 Million |
| Right Way Industrial Co Ltd (1506) | $1.12 Billion | 0.13% | 1.31x | $89.81 Million |
| Jui Li Enterprise Co Ltd (1512) | $746.14 Million | -26.36% | 3.67x | $19.33 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.79 Billion | 25.15% | 1.05x | $60.04 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $255.54 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.27 Billion | 8.60% | 1.19x | $134.63 Million |
| Kian Shen Corp (1525) | $922.23 Million | 13.34% | 0.39x | $144.53 Million |
About Tung Thih Electronic Co Ltd
Tung Thih Electronic Co., Ltd., together with its subsidiaries, researches, develops, designs, manufactures, and sells automotive electronics products in Taiwan, rest of Asia, the United States, Europe, and Australia. The company offers ultrasonic parking assistance systems, vehicle anti-theft devices, car door lock actuators, interior rear mirror system with multiple functions, car video systems… Read more