Otsuka Information Technology Corp.
Otsuka Information Technology Corp., together with its subsidiaries, designs, trades, maintains, imports, and exports hardware, software, computers, networks, and accessories in Taiwan and China. It also provides Cad and Cad integration, consulting, and catering services. The company offers its products under the Autodesk MFG, HyperPDM, PTC, SIEMENS, SIEMENS EDA, 3DR, Autodesk AEC, Bentley, DJI, … Read more
Otsuka Information Technology Corp. (3570) - Net Assets
Latest net assets as of June 2024: NT$884.50 Million TWD
Based on the latest financial reports, Otsuka Information Technology Corp. (3570) has net assets worth NT$884.50 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.36 Billion) and total liabilities (NT$477.42 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$884.50 Million |
| % of Total Assets | 64.95% |
| Annual Growth Rate | 7.35% |
| 5-Year Change | 37.86% |
| 10-Year Change | N/A |
| Growth Volatility | 5.43 |
Otsuka Information Technology Corp. - Net Assets Trend (2016–2023)
This chart illustrates how Otsuka Information Technology Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Otsuka Information Technology Corp. (2016–2023)
The table below shows the annual net assets of Otsuka Information Technology Corp. from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$911.85 Million | +8.20% |
| 2022-12-31 | NT$842.72 Million | +11.21% |
| 2021-12-31 | NT$757.76 Million | +7.57% |
| 2020-12-31 | NT$704.41 Million | +6.50% |
| 2019-12-31 | NT$661.44 Million | +14.14% |
| 2018-12-31 | NT$579.52 Million | +9.31% |
| 2017-12-31 | NT$530.16 Million | -4.51% |
| 2016-12-31 | NT$555.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Otsuka Information Technology Corp.'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 108.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$533.24 Million | 58.48% |
| Common Stock | NT$170.97 Million | 18.75% |
| Other Comprehensive Income | NT$139.46 Million | 15.29% |
| Other Components | NT$68.18 Million | 7.48% |
| Total Equity | NT$911.85 Million | 100.00% |
Otsuka Information Technology Corp. Competitors by Market Cap
The table below lists competitors of Otsuka Information Technology Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GetNinjas S.A
SA:NINJ3
|
$38.41 Million |
|
Navitas Petroleum Limited Partnership
TA:NVPT
|
$38.41 Million |
|
Moberg Pharma AB (publ)
ST:MOB
|
$38.42 Million |
|
Tethys Petroleum Limited
PINK:TETHF
|
$38.43 Million |
|
Sindhu Trade Links Limited
NSE:SINDHUTRAD
|
$38.39 Million |
|
ESG Inc.
PINK:ESGH
|
$38.37 Million |
|
Grupo Concesionario del Oeste SA
BA:OEST
|
$38.37 Million |
|
Halmont Properties Corporation
V:HMT
|
$38.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Otsuka Information Technology Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 842,720,000 to 911,853,000, a change of 69,133,000 (8.2%).
- Net income of 198,721,000 contributed positively to equity growth.
- Dividend payments of 128,227,000 reduced retained earnings.
- Other comprehensive income increased equity by 13,951,001.
- Other factors decreased equity by 15,312,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$198.72 Million | +21.79% |
| Dividends Paid | NT$128.23 Million | -14.06% |
| Other Comprehensive Income | NT$13.95 Million | +1.53% |
| Other Changes | NT$-15.31 Million | -1.68% |
| Total Change | NT$- | 8.20% |
Book Value vs Market Value Analysis
This analysis compares Otsuka Information Technology Corp.'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: 3.23x
- 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 5.30x to 3.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$32.26 | NT$171.00 | x |
| 2017-12-31 | NT$30.90 | NT$171.00 | x |
| 2018-12-31 | NT$33.67 | NT$171.00 | x |
| 2019-12-31 | NT$38.33 | NT$171.00 | x |
| 2020-12-31 | NT$40.83 | NT$171.00 | x |
| 2021-12-31 | NT$43.89 | NT$171.00 | x |
| 2022-12-31 | NT$48.84 | NT$171.00 | x |
| 2023-12-31 | NT$53.00 | NT$171.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Otsuka Information Technology Corp. 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): 21.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.75%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.37x
- Recent ROE (21.79%) is above the historical average (16.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 13.59% | 8.68% | 1.30x | 1.20x | NT$19.92 Million |
| 2017 | 4.86% | 3.81% | 1.07x | 1.19x | NT$-27.26 Million |
| 2018 | 12.81% | 8.04% | 1.21x | 1.32x | NT$16.29 Million |
| 2019 | 21.68% | 11.87% | 1.31x | 1.39x | NT$77.12 Million |
| 2020 | 19.44% | 12.11% | 1.22x | 1.31x | NT$66.44 Million |
| 2021 | 19.21% | 11.18% | 1.29x | 1.33x | NT$69.71 Million |
| 2022 | 21.61% | 11.71% | 1.38x | 1.33x | NT$97.87 Million |
| 2023 | 21.79% | 11.75% | 1.35x | 1.37x | NT$107.54 Million |
Industry Comparison
This section compares Otsuka Information Technology Corp.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $966,364,333
- Average return on equity (ROE) among peers: -8.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Otsuka Information Technology Corp. (3570) | NT$884.50 Million | 13.59% | 0.54x | $38.41 Million |
| Papago Inc. (3632) | $218.97 Million | -93.30% | 2.17x | $10.89 Million |
| K Way Information (5201) | $394.19 Million | 12.17% | 0.35x | $27.70 Million |
| Cyberlink Co (5203) | $2.71 Billion | -20.79% | 0.46x | $99.87 Million |
| Taiwan Green Environment Technology Inc. (5205) | $72.57 Million | 13.76% | 0.38x | $3.05 Million |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $755.05 Million | 0.67% | 0.36x | $39.90 Million |
| Penpower Technology Ltd (5211) | $411.83 Million | -35.47% | 0.15x | $13.45 Million |
| Dimerco Data System (5403) | $2.43 Billion | 25.00% | 0.83x | $213.17 Million |
| Insyde Software (6231) | $669.28 Million | 9.91% | 0.40x | $219.19 Million |
| Interactive Digital Technologies (6486) | $1.04 Billion | 15.45% | 0.92x | $76.03 Million |