TSC Auto ID Technology Co Ltd (3611) - Net Assets
Based on the latest financial reports, TSC Auto ID Technology Co Ltd (3611) has net assets worth NT$5.39 Billion TWD (≈ $169.96 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$12.65 Billion ≈ $398.54 Million USD) and total liabilities (NT$7.26 Billion ≈ $228.58 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 tangible net worth ratio of TSC Auto ID Technology Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$5.39 Billion |
| % of Total Assets | 42.65% |
| Annual Growth Rate | 16.49% |
| 5-Year Change | 31.96% |
| 10-Year Change | 156.44% |
| Growth Volatility | 12.77 |
TSC Auto ID Technology Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how TSC Auto ID Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 3611 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for TSC Auto ID Technology Co Ltd (2007–2025)
The table below shows the annual net assets of TSC Auto ID Technology Co Ltd from 2007 to 2025. For live valuation and market cap data, see TSC Auto ID Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$5.39 Billion ≈ $169.96 Million |
+5.75% |
| 2024-12-31 | NT$5.10 Billion ≈ $160.72 Million |
-6.59% |
| 2023-12-31 | NT$5.46 Billion ≈ $172.06 Million |
+14.96% |
| 2022-12-31 | NT$4.75 Billion ≈ $149.67 Million |
+16.21% |
| 2021-12-31 | NT$4.09 Billion ≈ $128.80 Million |
+15.12% |
| 2020-12-31 | NT$3.55 Billion ≈ $111.88 Million |
+12.20% |
| 2019-12-31 | NT$3.17 Billion ≈ $99.72 Million |
+13.02% |
| 2018-12-31 | NT$2.80 Billion ≈ $88.23 Million |
+5.20% |
| 2017-12-31 | NT$2.66 Billion ≈ $83.87 Million |
+26.54% |
| 2016-12-31 | NT$2.10 Billion ≈ $66.28 Million |
+9.52% |
| 2015-12-31 | NT$1.92 Billion ≈ $60.52 Million |
+20.82% |
| 2014-12-31 | NT$1.59 Billion ≈ $50.09 Million |
+14.47% |
| 2013-12-31 | NT$1.39 Billion ≈ $43.76 Million |
+25.37% |
| 2012-12-31 | NT$1.11 Billion ≈ $34.90 Million |
+5.95% |
| 2011-12-31 | NT$1.05 Billion ≈ $32.94 Million |
+21.09% |
| 2010-12-31 | NT$863.45 Million ≈ $27.20 Million |
+45.22% |
| 2009-12-31 | NT$594.60 Million ≈ $18.73 Million |
+17.16% |
| 2008-12-31 | NT$507.50 Million ≈ $15.99 Million |
+46.91% |
| 2007-12-31 | NT$345.44 Million ≈ $10.88 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TSC Auto ID Technology 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 16444.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.04 Billion | 74.90% |
| Other Components | NT$1.35 Billion | 25.10% |
| Total Equity | NT$5.39 Billion | 100.00% |
TSC Auto ID Technology Co Ltd Competitors by Market Cap
The table below lists competitors of TSC Auto ID Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hancom Inc
KQ:030520
|
$288.74 Million |
|
Norwood Financial Corp
NASDAQ:NWFL
|
$288.76 Million |
|
Delta Plus Group SA
PA:ALDLT
|
$288.85 Million |
|
Digital Network S.A.
WAR:DIG
|
$288.91 Million |
|
Plum Acquisition Corp. IV Unit
NASDAQ:PLMKU
|
$288.73 Million |
|
JW Pharmaceutical Corp
KO:001065
|
$288.72 Million |
|
Shanghai Kai Kai Industry Co Ltd A
SHG:600272
|
$288.66 Million |
|
Alussa Energy Acquisition Corp. II
NYSE:ALUB
|
$288.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TSC Auto ID Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,025,793,000 to 5,388,925,000, a change of 363,132,000 (7.2%).
- Net income of 932,651,000 contributed positively to equity growth.
- Dividend payments of 474,481,000 reduced retained earnings.
- New share issuances of 23,222,000 increased equity.
- Other factors decreased equity by 118,260,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$932.65 Million | +17.31% |
| Dividends Paid | NT$474.48 Million | -8.8% |
| Share Issuances | NT$23.22 Million | +0.43% |
| Other Changes | NT$-118.26 Million | -2.19% |
| Total Change | NT$- | 7.23% |
Book Value vs Market Value Analysis
This analysis compares TSC Auto ID Technology 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: 1.82x
- 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 8.99x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | NT$21.47 | NT$193.00 | x |
| 2008-12-31 | NT$14.26 | NT$193.00 | x |
| 2009-12-31 | NT$14.68 | NT$193.00 | x |
| 2010-12-31 | NT$22.59 | NT$193.00 | x |
| 2011-12-31 | NT$22.96 | NT$193.00 | x |
| 2012-12-31 | NT$24.23 | NT$193.00 | x |
| 2013-12-31 | NT$30.15 | NT$193.00 | x |
| 2014-12-31 | NT$34.29 | NT$193.00 | x |
| 2015-12-31 | NT$41.39 | NT$193.00 | x |
| 2016-12-31 | NT$41.16 | NT$193.00 | x |
| 2017-12-31 | NT$51.81 | NT$193.00 | x |
| 2018-12-31 | NT$54.22 | NT$193.00 | x |
| 2019-12-31 | NT$67.35 | NT$193.00 | x |
| 2020-12-31 | NT$75.57 | NT$193.00 | x |
| 2021-12-31 | NT$86.79 | NT$193.00 | x |
| 2022-12-31 | NT$100.48 | NT$193.00 | x |
| 2023-12-31 | NT$114.92 | NT$193.00 | x |
| 2024-12-31 | NT$106.08 | NT$193.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TSC Auto ID Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.09%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.35x
- Recent ROE (17.31%) is below the historical average (22.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.06% | 9.12% | 0.42x | 1.86x | NT$-10.15 Million |
| 2008 | 18.81% | 11.50% | 0.96x | 1.71x | NT$44.70 Million |
| 2009 | 27.37% | 16.77% | 1.02x | 1.60x | NT$103.29 Million |
| 2010 | 23.99% | 14.73% | 0.97x | 1.68x | NT$120.79 Million |
| 2011 | 29.46% | 18.37% | 0.96x | 1.66x | NT$203.43 Million |
| 2012 | 27.21% | 16.68% | 0.98x | 1.66x | NT$190.62 Million |
| 2013 | 32.01% | 21.13% | 0.99x | 1.53x | NT$305.74 Million |
| 2014 | 31.81% | 20.72% | 1.03x | 1.50x | NT$346.67 Million |
| 2015 | 30.04% | 21.70% | 0.65x | 2.13x | NT$384.95 Million |
| 2016 | 25.91% | 15.86% | 0.71x | 2.29x | NT$334.78 Million |
| 2017 | 23.21% | 16.67% | 0.68x | 2.04x | NT$351.56 Million |
| 2018 | 24.56% | 17.53% | 0.70x | 2.01x | NT$407.79 Million |
| 2019 | 24.03% | 12.99% | 0.86x | 2.15x | NT$444.02 Million |
| 2020 | 20.14% | 12.59% | 0.80x | 2.00x | NT$360.23 Million |
| 2021 | 19.19% | 11.45% | 0.89x | 1.88x | NT$375.67 Million |
| 2022 | 20.31% | 12.11% | 0.96x | 1.75x | NT$489.84 Million |
| 2023 | 16.97% | 11.10% | 0.93x | 1.64x | NT$380.75 Million |
| 2024 | 13.33% | 7.61% | 0.69x | 2.53x | NT$167.38 Million |
| 2025 | 17.31% | 8.09% | 0.91x | 2.35x | NT$393.76 Million |
Industry Comparison
This section compares TSC Auto ID Technology Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $32,602,043,000
- Average return on equity (ROE) among peers: 4.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TSC Auto ID Technology Co Ltd (3611) | NT$5.39 Billion | 7.06% | 1.34x | $288.74 Million |
| Solytech Enterprise Corp (1471) | $2.65 Billion | 1.18% | 0.39x | $54.97 Million |
| Lite-On Technology Corp (2301) | $74.14 Billion | 13.51% | 1.37x | $15.02 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $195.44 Million |
| Kinpo Electronics Inc (2312) | $17.40 Billion | 0.68% | 1.29x | $1.65 Billion |
| CMC Magnetics Corp (2323) | $16.86 Billion | -6.42% | 0.39x | $386.11 Million |
| Compal Electronics Inc (2324) | $31.11 Billion | 0.00% | 0.62x | $5.12 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $9.21 Billion | 26.14% | 1.49x | $390.74 Million |
| Ritek Corp (2349) | $33.11 Billion | -3.94% | 0.65x | $298.32 Million |
| Qisda Corp (2352) | $58.96 Billion | 8.46% | 1.90x | $1.53 Billion |
| Acer Inc (2353) | $80.34 Billion | 6.14% | 1.60x | $3.31 Billion |
About TSC Auto ID Technology Co Ltd
TSC Auto ID Technology Co., Ltd., together with its subsidiaries, engages in the manufacturing and service of automatic identification and data capture system products in China, Asia, the Americas, Europe, and internationally. It operates through three segments: Barcode Printers and Spare Parts; Various Label Paper of Printers and Consumables; and Company Laptops. The company offers desktop, RFID… Read more