Transtouch Technology (3623) - Net Assets
Based on the latest financial reports, Transtouch Technology (3623) has net assets worth NT$354.79 Million TWD (≈ $11.18 Million USD) 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 ≈ $14.62 Million USD) and total liabilities (NT$109.16 Million ≈ $3.44 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 3623 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 3623 total assets for the complete picture of this company's asset base.
Annual Net Assets for Transtouch Technology (2017–2024)
The table below shows the annual net assets of Transtouch Technology from 2017 to 2024. For live valuation and market cap data, see 3623 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$353.12 Million ≈ $11.13 Million |
-6.41% |
| 2023-12-31 | NT$377.32 Million ≈ $11.89 Million |
-1.32% |
| 2022-12-31 | NT$382.36 Million ≈ $12.05 Million |
-8.09% |
| 2021-12-31 | NT$416.02 Million ≈ $13.11 Million |
-7.99% |
| 2020-12-31 | NT$452.16 Million ≈ $14.25 Million |
-35.58% |
| 2019-12-31 | NT$701.86 Million ≈ $22.11 Million |
+24.81% |
| 2018-12-31 | NT$562.34 Million ≈ $17.72 Million |
-1.64% |
| 2017-12-31 | NT$571.74 Million ≈ $18.01 Million |
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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 |
|---|---|
|
Mahalaxmi Rubtech Limited
NSE:MHLXMIRU
|
$21.16 Million |
|
TWay Holdings
KO:004870
|
$21.17 Million |
|
Minco Silver Corporation
TO:MSV
|
$21.17 Million |
|
Shin Poong Pap
KO:002870
|
$21.18 Million |
|
CKX Lands Inc
NYSE MKT:CKX
|
$21.15 Million |
|
The Mercantile Investment Trust plc
LSE:MRC
|
$21.14 Million |
|
Kabelindo Murni Tbk
JK:KBLM
|
$21.13 Million |
|
Brill Shoe Industries Ltd
TA:BRIL
|
$21.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transtouch Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 377,319,000 to 353,121,000, a change of -24,198,000 (-6.4%).
- Net loss of 27,127,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 1.90x
- 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 1.17x to 1.90x 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$23.00 | x |
| 2018-12-31 | NT$19.19 | NT$23.00 | x |
| 2019-12-31 | NT$16.63 | NT$23.00 | x |
| 2020-12-31 | NT$15.49 | NT$23.00 | x |
| 2021-12-31 | NT$14.25 | NT$23.00 | x |
| 2022-12-31 | NT$13.10 | NT$23.00 | x |
| 2023-12-31 | NT$12.93 | NT$23.00 | x |
| 2024-12-31 | NT$12.10 | NT$23.00 | 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: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
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 | $21.15 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About 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