Transtouch Technology
Transtouch Technology Inc. engages in the production and sale of touch panels in Taiwan and internationally. It offers film and glass projected capacitive touch panel; and TP bonding with LCM. The company's products are used in applications, such as HMI and multifunction printers; POS and ATMs; military and aviation; automotive industry; medical and marine; and gaming. Transtouch Technology Inc. … Read more
Transtouch Technology (3623) - Net Assets
Latest net assets as of September 2025: NT$354.79 Million TWD
Based on the latest financial reports, Transtouch Technology (3623) has net assets worth NT$354.79 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$463.94 Million) and total liabilities (NT$109.16 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$354.79 Million |
| % of Total Assets | 76.47% |
| Annual Growth Rate | -6.65% |
| 5-Year Change | -21.9% |
| 10-Year Change | N/A |
| Growth Volatility | 16.34 |
Transtouch Technology - Net Assets Trend (2017–2024)
This chart illustrates how Transtouch Technology's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Transtouch Technology (2017–2024)
The table below shows the annual net assets of Transtouch Technology from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$353.12 Million | -6.41% |
| 2023-12-31 | NT$377.32 Million | -1.32% |
| 2022-12-31 | NT$382.36 Million | -8.09% |
| 2021-12-31 | NT$416.02 Million | -7.99% |
| 2020-12-31 | NT$452.16 Million | -35.58% |
| 2019-12-31 | NT$701.86 Million | +24.81% |
| 2018-12-31 | NT$562.34 Million | -1.64% |
| 2017-12-31 | NT$571.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Transtouch 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 113.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$379.25 Million | 107.40% |
| Total Equity | NT$353.12 Million | 100.00% |
Transtouch Technology Competitors by Market Cap
The table below lists competitors of Transtouch Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silvergate Capital Corp
PINK:SICPQ
|
$11.08 Million |
|
Eidesvik Offshore ASA
OL:EIOF
|
$11.08 Million |
|
Neptis
WAR:YAN
|
$11.09 Million |
|
Broadpeak SA
PA:ALBPK
|
$11.09 Million |
|
MacKenzie Realty Capital, Inc. Common Stock
OTCQX:MKZR
|
$11.08 Million |
|
Pluri Inc.
NASDAQ:PLUR
|
$11.07 Million |
|
TPBI PCL
BK:TPBI
|
$11.07 Million |
|
Medicus Pharma Ltd. Warrant
NASDAQ:MDCXW
|
$11.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transtouch Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 377,319,000 to 353,121,000, a change of -24,198,000 (-6.4%).
- Net loss of 27,127,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-27.13 Million | -7.68% |
| Other Changes | NT$2.93 Million | +0.83% |
| Total Change | NT$- | -6.41% |
Book Value vs Market Value Analysis
This analysis compares Transtouch 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: 2.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.28x to 2.07x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$19.60 | NT$25.10 | x |
| 2018-12-31 | NT$19.19 | NT$25.10 | x |
| 2019-12-31 | NT$16.63 | NT$25.10 | x |
| 2020-12-31 | NT$15.49 | NT$25.10 | x |
| 2021-12-31 | NT$14.25 | NT$25.10 | x |
| 2022-12-31 | NT$13.10 | NT$25.10 | x |
| 2023-12-31 | NT$12.93 | NT$25.10 | x |
| 2024-12-31 | NT$12.10 | NT$25.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transtouch 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): -7.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.35%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.28x
- Recent ROE (-7.68%) is below the historical average (-0.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 18.19% | 11.69% | 1.11x | 1.40x | NT$46.82 Million |
| 2018 | 13.16% | 9.35% | 1.06x | 1.33x | NT$17.77 Million |
| 2019 | -1.40% | -1.55% | 0.63x | 1.44x | NT$-55.48 Million |
| 2020 | -7.22% | -9.99% | 0.52x | 1.40x | NT$-77.86 Million |
| 2021 | -8.72% | -9.05% | 0.63x | 1.53x | NT$-77.88 Million |
| 2022 | -7.21% | -7.72% | 0.67x | 1.39x | NT$-65.81 Million |
| 2023 | -2.61% | -2.67% | 0.73x | 1.34x | NT$-47.56 Million |
| 2024 | -7.68% | -10.35% | 0.58x | 1.28x | NT$-62.44 Million |
Industry Comparison
This section compares Transtouch Technology's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transtouch Technology (3623) | NT$354.79 Million | 18.19% | 0.31x | $11.08 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |