Feature Integration Technology Inc.
Feature Integration Technology Inc. engages in the research, development, marketing, and sale of integrated circuit (ICs) chips in Taiwan. It offers super I/O products and bridge products; hardware monitors, such as temperature sensors and fan controls; transceivers; and power management products. Its products are used in industrial computers, personal computers, computer peripherals, and informa… Read more
Feature Integration Technology Inc. (4951) - Net Assets
Latest net assets as of June 2024: NT$833.76 Million TWD
Based on the latest financial reports, Feature Integration Technology Inc. (4951) has net assets worth NT$833.76 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.05 Billion) and total liabilities (NT$214.62 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$833.76 Million |
| % of Total Assets | 79.53% |
| Annual Growth Rate | 7.3% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.6 |
Feature Integration Technology Inc. - Net Assets Trend (2019–2023)
This chart illustrates how Feature Integration Technology Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Feature Integration Technology Inc. (2019–2023)
The table below shows the annual net assets of Feature Integration Technology Inc. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$841.76 Million | -0.52% |
| 2022-12-31 | NT$846.20 Million | +33.37% |
| 2021-12-31 | NT$634.47 Million | +12.47% |
| 2020-12-31 | NT$564.12 Million | -11.16% |
| 2019-12-31 | NT$634.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Feature Integration Technology Inc.'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 72.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$286.01 Million | 34.28% |
| Common Stock | NT$341.49 Million | 40.93% |
| Other Components | NT$206.77 Million | 24.78% |
| Total Equity | NT$834.26 Million | 100.00% |
Feature Integration Technology Inc. Competitors by Market Cap
The table below lists competitors of Feature Integration Technology Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OUE Limited
F:OUE1
|
$62.34 Million |
|
ACOTEC SCIEN.H. DL-00001
F:7W3
|
$62.34 Million |
|
Ffbw Inc
OTCQX:FFBW
|
$62.34 Million |
|
Westag & Getalit ST O.N.
F:WUG
|
$62.35 Million |
|
Federal-Mogul Goetze (India) Limited.
NSE:FMGOETZE
|
$62.33 Million |
|
Leap Therapeutics Inc
NASDAQ:LPTX
|
$62.33 Million |
|
Mewah International Inc
F:MWX
|
$62.31 Million |
|
FingerMotion Inc
NASDAQ:FNGR
|
$62.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Feature Integration Technology Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 840,166,000 to 834,261,000, a change of -5,905,000 (-0.7%).
- Net income of 113,098,000 contributed positively to equity growth.
- Dividend payments of 119,521,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$113.10 Million | +13.56% |
| Dividends Paid | NT$119.52 Million | -14.33% |
| Other Changes | NT$518.00K | +0.06% |
| Total Change | NT$- | -0.70% |
Book Value vs Market Value Analysis
This analysis compares Feature Integration Technology Inc.'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: 2.97x
- 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 4.02x to 2.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$17.88 | NT$71.90 | x |
| 2020-12-31 | NT$18.04 | NT$71.90 | x |
| 2021-12-31 | NT$20.57 | NT$71.90 | x |
| 2022-12-31 | NT$26.62 | NT$71.90 | x |
| 2023-12-31 | NT$24.18 | NT$71.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Feature Integration Technology Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.56%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.68%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.15x
- Recent ROE (13.56%) is below the historical average (13.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 8.69% | 14.55% | 0.51x | 1.18x | NT$-7.03 Million |
| 2020 | 10.11% | 14.70% | 0.57x | 1.20x | NT$614.10K |
| 2021 | 18.73% | 20.97% | 0.71x | 1.26x | NT$54.57 Million |
| 2022 | 17.37% | 27.64% | 0.55x | 1.15x | NT$61.89 Million |
| 2023 | 13.56% | 27.68% | 0.43x | 1.15x | NT$29.67 Million |
Industry Comparison
This section compares Feature Integration Technology Inc.'s net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Feature Integration Technology Inc. (4951) | NT$833.76 Million | 8.69% | 0.26x | $62.33 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |