Trinity Precision Technology Co Ltd (4534) - Net Assets
Based on the latest financial reports, Trinity Precision Technology Co Ltd (4534) has net assets worth NT$703.15 Million TWD (≈ $22.15 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$1.42 Billion ≈ $44.87 Million USD) and total liabilities (NT$721.00 Million ≈ $22.72 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 equity quality of Trinity Precision Technology Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$703.15 Million |
| % of Total Assets | 49.37% |
| Annual Growth Rate | -4.69% |
| 5-Year Change | -25.44% |
| 10-Year Change | N/A |
| Growth Volatility | 7.82 |
Trinity Precision Technology Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Trinity Precision Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Trinity Precision Technology Co Ltd (4534) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Trinity Precision Technology Co Ltd (2017–2025)
The table below shows the annual net assets of Trinity Precision Technology Co Ltd from 2017 to 2025. For live valuation and market cap data, see Trinity Precision Technology Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$703.15 Million ≈ $22.15 Million |
+0.76% |
| 2024-12-31 | NT$697.85 Million ≈ $21.99 Million |
+5.13% |
| 2023-12-31 | NT$663.80 Million ≈ $20.91 Million |
-17.10% |
| 2022-12-31 | NT$800.77 Million ≈ $25.23 Million |
-15.09% |
| 2021-12-31 | NT$943.07 Million ≈ $29.71 Million |
+5.36% |
| 2020-12-31 | NT$895.06 Million ≈ $28.20 Million |
-5.41% |
| 2019-12-31 | NT$946.21 Million ≈ $29.81 Million |
-4.70% |
| 2018-12-31 | NT$992.83 Million ≈ $31.28 Million |
-3.83% |
| 2017-12-31 | NT$1.03 Billion ≈ $32.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Trinity Precision 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 237.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$985.41 Million | 140.14% |
| Total Equity | NT$703.15 Million | 100.00% |
Trinity Precision Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Trinity Precision Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyosung Itx
KO:094280
|
$92.01 Million |
|
Toma as
PR:TOMA
|
$92.02 Million |
|
Beazley plc
LSE:BEZ
|
$92.02 Million |
|
Apex Biotechnology Corp
TW:1733
|
$92.11 Million |
|
Suwen Tekstil Sanayi Pazarlama AS
IS:SUWEN
|
$91.96 Million |
|
Nabaltec AG
F:NTG
|
$91.96 Million |
|
Summit State Bank
NASDAQ:SSBI
|
$91.96 Million |
|
Semen Baturaja Persero Tbk
JK:SMBR
|
$91.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trinity Precision Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 697,845,000 to 703,155,000, a change of 5,310,000 (0.8%).
- Net income of 1,298,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.30 Million | +0.18% |
| Other Changes | NT$4.01 Million | +0.57% |
| Total Change | NT$- | 0.76% |
Book Value vs Market Value Analysis
This analysis compares Trinity Precision 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: 4.15x
- 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 increased from 2.81x to 4.15x 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$11.97 | NT$33.65 | x |
| 2018-12-31 | NT$11.39 | NT$33.65 | x |
| 2019-12-31 | NT$10.90 | NT$33.65 | x |
| 2020-12-31 | NT$10.31 | NT$33.65 | x |
| 2021-12-31 | NT$10.87 | NT$33.65 | x |
| 2022-12-31 | NT$9.23 | NT$33.65 | x |
| 2023-12-31 | NT$7.65 | NT$33.65 | x |
| 2024-12-31 | NT$8.04 | NT$33.65 | x |
| 2025-12-31 | NT$8.10 | NT$33.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trinity Precision Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.16%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.03x
- Recent ROE (0.18%) is above the historical average (-3.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.46% | 2.93% | 1.00x | 2.21x | NT$-36.50 Million |
| 2018 | -1.07% | -0.68% | 0.74x | 2.14x | NT$-109.51 Million |
| 2019 | -2.16% | -1.58% | 0.76x | 1.81x | NT$-115.07 Million |
| 2020 | -6.94% | -5.65% | 0.67x | 1.84x | NT$-151.60 Million |
| 2021 | 5.47% | 4.28% | 0.69x | 1.86x | NT$-42.76 Million |
| 2022 | -18.52% | -16.99% | 0.58x | 1.87x | NT$-228.36 Million |
| 2023 | -19.95% | -19.03% | 0.54x | 1.96x | NT$-198.81 Million |
| 2024 | 2.87% | 2.38% | 0.64x | 1.89x | NT$-49.74 Million |
| 2025 | 0.18% | 0.16% | 0.58x | 2.03x | NT$-69.02 Million |
Industry Comparison
This section compares Trinity Precision 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: $4,367,038,800
- Average return on equity (ROE) among peers: 11.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trinity Precision Technology Co Ltd (4534) | NT$703.15 Million | 6.46% | 1.03x | $92.01 Million |
| Lee Chi Enterprises Co Ltd (1517) | $3.41 Billion | 7.67% | 0.58x | $73.47 Million |
| China Metal Products Co Ltd (1532) | $3.84 Billion | 19.44% | 3.50x | $315.41 Million |
| Bin Chuan Enterprise Co Ltd (1569) | $3.24 Billion | 12.17% | 1.18x | $220.64 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.44 Billion | 7.11% | 1.16x | $68.30 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $10.08 Billion | 10.00% | 0.49x | $26.73 Million |
| Solar Applied Materials Technology (1785) | $14.29 Billion | 13.32% | 1.19x | $2.69 Billion |
| Chia Yi Steel Co Ltd (2067) | $507.75 Million | -2.14% | 2.62x | $9.27 Million |
| CX Technology Corp (2415) | $1.13 Billion | 6.55% | 1.17x | $85.63 Million |
| Catcher Technology Co Ltd (2474) | $3.97 Billion | 24.73% | 0.75x | $3.49 Billion |
| Univacco Technology (3303) | $1.76 Billion | 11.89% | 0.69x | $177.70 Million |
About Trinity Precision Technology Co Ltd
Trinity Precision Technology Co., Ltd. designs, manufactures, and sells powder metallurgy hardware products in Taiwan. Its products are used in power tool, roller, floor washing machine, home appliances, hand tools, electronics, sports equipment, garden tool, automated storage/retrieval system, automotive, motorcycle, and E-bike auto shifting applications, as well as sewing machines, massage guns… Read more