Trigold Holdings Ltd (3709) - Net Assets
Based on the latest financial reports, Trigold Holdings Ltd (3709) has net assets worth NT$4.15 Billion TWD (≈ $130.79 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$25.47 Billion ≈ $802.55 Million USD) and total liabilities (NT$21.32 Billion ≈ $671.76 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 how strategically is Trigold Holdings Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.15 Billion |
| % of Total Assets | 16.3% |
| Annual Growth Rate | 11.21% |
| 5-Year Change | 80.66% |
| 10-Year Change | 243.43% |
| Growth Volatility | 21.59 |
Trigold Holdings Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Trigold Holdings Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Trigold Holdings Ltd.
Annual Net Assets for Trigold Holdings Ltd (2014–2025)
The table below shows the annual net assets of Trigold Holdings Ltd from 2014 to 2025. Also explore 3709 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.63 Billion ≈ $114.34 Million |
+57.00% |
| 2024-12-31 | NT$2.31 Billion ≈ $72.82 Million |
+10.58% |
| 2023-12-31 | NT$2.09 Billion ≈ $65.86 Million |
-0.01% |
| 2022-12-31 | NT$2.09 Billion ≈ $65.86 Million |
+4.07% |
| 2021-12-31 | NT$2.01 Billion ≈ $63.29 Million |
+57.33% |
| 2020-12-31 | NT$1.28 Billion ≈ $40.23 Million |
+9.85% |
| 2019-12-31 | NT$1.16 Billion ≈ $36.62 Million |
+5.70% |
| 2018-12-31 | NT$1.10 Billion ≈ $34.64 Million |
-6.24% |
| 2017-12-31 | NT$1.17 Billion ≈ $36.95 Million |
+10.98% |
| 2016-12-31 | NT$1.06 Billion ≈ $33.29 Million |
-5.65% |
| 2015-12-31 | NT$1.12 Billion ≈ $35.28 Million |
-0.71% |
| 2014-12-31 | NT$1.13 Billion ≈ $35.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Trigold Holdings 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 3427.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.38 Billion | 37.70% |
| Other Components | NT$2.28 Billion | 62.30% |
| Total Equity | NT$3.66 Billion | 100.00% |
Trigold Holdings Ltd Competitors by Market Cap
The table below lists competitors of Trigold Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mount Gibson Iron Limited
F:FWQ
|
$252.61 Million |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
$252.73 Million |
|
Veedol Corporation Limited
NSE:VEEDOL
|
$252.77 Million |
|
First National Corp
NASDAQ:FXNC
|
$252.79 Million |
|
Cafe24 Corp
KQ:042000
|
$252.50 Million |
|
B&G Foods Inc
NYSE:BGS
|
$252.49 Million |
|
Taiwan Sanyo Electric Co Ltd
TW:1614
|
$252.48 Million |
|
Namchow Chemical Industrial Co Ltd
TW:1702
|
$252.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trigold Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,339,605,000 to 3,659,598,000, a change of 1,319,993,000 (56.4%).
- Net income of 849,138,000 contributed positively to equity growth.
- Dividend payments of 125,569,000 reduced retained earnings.
- New share issuances of 598,500,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$849.14 Million | +23.2% |
| Dividends Paid | NT$125.57 Million | -3.43% |
| Share Issuances | NT$598.50 Million | +16.35% |
| Other Changes | NT$-2.08 Million | -0.06% |
| Total Change | NT$- | 56.42% |
Book Value vs Market Value Analysis
This analysis compares Trigold Holdings 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: 2.19x
- 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 4.47x to 2.19x 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$13.96 | NT$62.40 | x |
| 2018-12-31 | NT$13.82 | NT$62.40 | x |
| 2019-12-31 | NT$14.52 | NT$62.40 | x |
| 2020-12-31 | NT$15.27 | NT$62.40 | x |
| 2021-12-31 | NT$23.25 | NT$62.40 | x |
| 2022-12-31 | NT$20.82 | NT$62.40 | x |
| 2023-12-31 | NT$20.94 | NT$62.40 | x |
| 2024-12-31 | NT$22.03 | NT$62.40 | x |
| 2025-12-31 | NT$28.48 | NT$62.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trigold Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.07%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 8.61x
- Recent ROE (23.20%) is above the historical average (10.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.40% | 0.34% | 4.14x | 2.44x | NT$-70.22 Million |
| 2015 | 2.69% | 0.23% | 4.32x | 2.68x | NT$-76.65 Million |
| 2016 | 5.54% | 0.72% | 3.20x | 2.40x | NT$-47.17 Million |
| 2017 | 2.27% | 0.73% | 1.11x | 2.80x | NT$-85.89 Million |
| 2018 | 8.45% | 0.70% | 2.41x | 5.02x | NT$-17.01 Million |
| 2019 | 12.52% | 0.80% | 2.65x | 5.92x | NT$29.13 Million |
| 2020 | 16.63% | 1.13% | 3.83x | 3.83x | NT$84.69 Million |
| 2021 | 19.58% | 2.08% | 2.88x | 3.26x | NT$191.81 Million |
| 2022 | 8.91% | 0.92% | 2.55x | 3.82x | NT$-22.87 Million |
| 2023 | 6.41% | 0.63% | 2.76x | 3.67x | NT$-75.62 Million |
| 2024 | 10.45% | 0.86% | 1.87x | 6.50x | NT$10.64 Million |
| 2025 | 23.20% | 2.07% | 1.30x | 8.61x | NT$483.18 Million |
Industry Comparison
This section compares Trigold Holdings Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $16,633,154,600
- Average return on equity (ROE) among peers: 9.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trigold Holdings Ltd (3709) | NT$4.15 Billion | 3.40% | 5.14x | $252.58 Million |
| China Wire & Cable Co Ltd (1603) | $7.58 Billion | 6.85% | 0.61x | $149.38 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $2.59 Billion | 10.50% | 0.88x | $234.03 Million |
| Synnex Technology International Corp (2347) | $18.68 Billion | 12.96% | 1.07x | $4.66 Billion |
| Foxconn Technology Co Ltd (2354) | $110.27 Billion | 4.28% | 0.53x | $2.91 Billion |
| Senao International Co Ltd (2450) | $5.86 Billion | 7.01% | 0.72x | $229.85 Million |
| Wah Lee Industrial Corp (3010) | $12.41 Billion | 10.85% | 1.57x | $1.00 Billion |
| Weikeng Industrial Co Ltd (3033) | $4.03 Billion | 16.55% | 2.31x | $681.03 Million |
| Edom Technology Co Ltd (3048) | $2.09 Billion | 20.06% | 0.95x | $428.46 Million |
| MetaTech AP (3224) | $2.35 Billion | -4.44% | 0.39x | $81.23 Million |
| Sentronic International (3232) | $484.61 Million | 6.31% | 1.26x | $31.91 Million |
About Trigold Holdings Ltd
Trigold Holdings Limited, through its subsidiaries, engages in the agency and distribution of computer peripheral equipment and electronic components in Taiwan and Mainland China. The company operates through Computer Peripheral Sales " Taiwan; computer peripheral sales - Hong Kong; and Others segments. It is also involved in the B2C and O2O businesses; and operates indoor playground for kids. Th… Read more