ThinTech Materials Technology Co Ltd (3663) - Net Assets
Based on the latest financial reports, ThinTech Materials Technology Co Ltd (3663) has net assets worth NT$2.38 Billion TWD (≈ $75.12 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$4.40 Billion ≈ $138.49 Million USD) and total liabilities (NT$2.01 Billion ≈ $63.37 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 3663 total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.38 Billion |
| % of Total Assets | 54.24% |
| Annual Growth Rate | 9.99% |
| 5-Year Change | 103.56% |
| 10-Year Change | N/A |
| Growth Volatility | 31.85 |
ThinTech Materials Technology Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how ThinTech Materials Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 3663 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for ThinTech Materials Technology Co Ltd (2017–2025)
The table below shows the annual net assets of ThinTech Materials Technology Co Ltd from 2017 to 2025. For live valuation and market cap data, see 3663 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.38 Billion ≈ $75.12 Million |
+1.13% |
| 2024-12-31 | NT$2.36 Billion ≈ $74.28 Million |
+97.19% |
| 2023-12-31 | NT$1.20 Billion ≈ $37.67 Million |
+0.12% |
| 2022-12-31 | NT$1.19 Billion ≈ $37.62 Million |
+1.95% |
| 2021-12-31 | NT$1.17 Billion ≈ $36.90 Million |
+0.87% |
| 2020-12-31 | NT$1.16 Billion ≈ $36.59 Million |
-2.10% |
| 2019-12-31 | NT$1.19 Billion ≈ $37.37 Million |
+7.55% |
| 2018-12-31 | NT$1.10 Billion ≈ $34.75 Million |
-0.93% |
| 2017-12-31 | NT$1.11 Billion ≈ $35.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ThinTech Materials 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 decreased by 115.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.89 Billion | 100.26% |
| Total Equity | NT$1.88 Billion | 100.00% |
ThinTech Materials Technology Co Ltd Competitors by Market Cap
The table below lists competitors of ThinTech Materials Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seah Steel Corp
KO:306200
|
$237.58 Million |
|
Bharat Rasayan Limited
NSE:BHARATRAS
|
$237.59 Million |
|
Silver Storm Mining Ltd.
V:SVRS
|
$237.66 Million |
|
Cia de Ferro Ligas da Bahia - FERBASA
SA:FESA3
|
$237.68 Million |
|
Chongqing Wanli New Energy Co Ltd
SHG:600847
|
$237.54 Million |
|
Pacific Current Group Ltd
AU:PAC
|
$237.44 Million |
|
Secuoya Grupo de Comunicación S.A
MC:SEC
|
$237.41 Million |
|
Investar Holding Corp
NASDAQ:ISTR
|
$237.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ThinTech Materials Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,837,192,000 to 1,883,527,000, a change of 46,335,000 (2.5%).
- Net loss of 8,207,000 reduced equity.
- Dividend payments of 43,398,000 reduced retained earnings.
- Other factors increased equity by 97,940,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-8.21 Million | -0.44% |
| Dividends Paid | NT$43.40 Million | -2.3% |
| Other Changes | NT$97.94 Million | +5.2% |
| Total Change | NT$- | 2.52% |
Book Value vs Market Value Analysis
This analysis compares ThinTech Materials 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: 4.00x
- 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 4.60x to 4.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$15.10 | NT$69.50 | x |
| 2018-12-31 | NT$15.01 | NT$69.50 | x |
| 2019-12-31 | NT$16.14 | NT$69.50 | x |
| 2020-12-31 | NT$15.80 | NT$69.50 | x |
| 2021-12-31 | NT$15.94 | NT$69.50 | x |
| 2022-12-31 | NT$16.25 | NT$69.50 | x |
| 2023-12-31 | NT$16.27 | NT$69.50 | x |
| 2024-12-31 | NT$17.05 | NT$69.50 | x |
| 2025-12-31 | NT$17.36 | NT$69.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ThinTech Materials Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.14%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 2.33x
- Recent ROE (-0.44%) is below the historical average (4.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.42% | 1.03% | 2.07x | 1.14x | NT$-84.08 Million |
| 2018 | 3.94% | 1.83% | 1.49x | 1.44x | NT$-66.82 Million |
| 2019 | 10.03% | 5.55% | 1.26x | 1.43x | NT$302.40K |
| 2020 | 4.08% | 1.97% | 1.36x | 1.52x | NT$-68.80 Million |
| 2021 | 6.00% | 2.34% | 1.78x | 1.44x | NT$-46.82 Million |
| 2022 | 6.87% | 3.24% | 1.38x | 1.53x | NT$-37.42 Million |
| 2023 | 3.31% | 0.67% | 3.23x | 1.53x | NT$-80.00 Million |
| 2024 | 2.71% | 0.95% | 1.23x | 2.33x | NT$-133.93 Million |
| 2025 | -0.44% | -0.14% | 1.30x | 2.33x | NT$-196.56 Million |
Industry Comparison
This section compares ThinTech Materials Technology Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $19,028,439,700
- Average return on equity (ROE) among peers: 4.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ThinTech Materials Technology Co Ltd (3663) | NT$2.38 Billion | 2.42% | 0.84x | $237.56 Million |
| Lee Chi Enterprises Co Ltd (1517) | $3.83 Billion | 9.01% | 0.48x | $79.71 Million |
| China Metal Products Co Ltd (1532) | $15.26 Billion | 6.03% | 1.39x | $304.26 Million |
| Bin Chuan Enterprise Co Ltd (1569) | $2.03 Billion | 8.93% | 1.26x | $194.96 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.62 Billion | 6.64% | 1.72x | $57.76 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $9.72 Billion | 2.78% | 0.49x | $26.73 Million |
| Solar Applied Materials Technology (1785) | $2.84 Billion | 0.00% | 1.92x | $2.02 Billion |
| Chia Yi Steel Co Ltd (2067) | $541.62 Million | -10.43% | 1.76x | $9.30 Million |
| CX Technology Corp (2415) | $1.21 Billion | 2.81% | 1.48x | $96.41 Million |
| Catcher Technology Co Ltd (2474) | $151.43 Billion | 5.66% | 0.63x | $3.24 Billion |
| Univacco Technology (3303) | $1.81 Billion | 11.55% | 0.66x | $153.83 Million |
About ThinTech Materials Technology Co Ltd
ThinTech Materials Technology Co., Ltd. designs, manufactures, and sells alloys and optoelectronics materials in Taiwan and internationally. The company offers sputtering targets for flat panel display planar, optical data storage, decorative and functional coating, passive component, optical element, semi-conductive, flat panel display rotary, and nickel alloy c-hook for coil wire pickling; and … Read more