Wistron Information Technology & Services
WITS Corp., together with its subsidiaries, provides information technology (IT) services in Taiwan, Mainland China, Japan, the United States, and internationally. The company offers software research and development, and testing; system operations and maintenance; and software and technology consulting services that delivers artificial intelligence, big data, blockchain, cloud services, IoT, and… Read more
Wistron Information Technology & Services (4953) - Net Assets
Latest net assets as of September 2025: NT$3.82 Billion TWD
Based on the latest financial reports, Wistron Information Technology & Services (4953) has net assets worth NT$3.82 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.59 Billion) and total liabilities (NT$1.77 Billion). 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$3.82 Billion |
| % of Total Assets | 68.36% |
| Annual Growth Rate | 13.88% |
| 5-Year Change | 63.63% |
| 10-Year Change | 279.56% |
| Growth Volatility | 19.77 |
Wistron Information Technology & Services - Net Assets Trend (2009–2024)
This chart illustrates how Wistron Information Technology & Services's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wistron Information Technology & Services (2009–2024)
The table below shows the annual net assets of Wistron Information Technology & Services from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.82 Billion | +8.41% |
| 2023-12-31 | NT$3.52 Billion | +25.96% |
| 2022-12-31 | NT$2.80 Billion | +13.86% |
| 2021-12-31 | NT$2.46 Billion | +5.25% |
| 2020-12-31 | NT$2.34 Billion | +10.73% |
| 2019-12-31 | NT$2.11 Billion | +15.42% |
| 2018-12-31 | NT$1.83 Billion | +80.97% |
| 2017-12-31 | NT$1.01 Billion | +4.43% |
| 2016-12-31 | NT$966.81 Million | -3.96% |
| 2015-12-31 | NT$1.01 Billion | -3.33% |
| 2014-12-31 | NT$1.04 Billion | +32.02% |
| 2013-12-31 | NT$788.84 Million | +13.36% |
| 2012-12-31 | NT$695.86 Million | +6.37% |
| 2011-12-31 | NT$654.20 Million | +9.35% |
| 2010-12-31 | NT$598.25 Million | +10.05% |
| 2009-12-31 | NT$543.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wistron Information Technology & Services'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 1588.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.81 Billion | 47.36% |
| Other Components | NT$2.01 Billion | 52.64% |
| Total Equity | NT$3.82 Billion | 100.00% |
Wistron Information Technology & Services Competitors by Market Cap
The table below lists competitors of Wistron Information Technology & Services ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
$177.83 Million |
|
Pss Co Ltd
TW:6914
|
$177.83 Million |
|
Shandong Sito Bio-technology Co Ltd
SHE:300583
|
$178.00 Million |
|
Dye & Durham Limited
PINK:DYNDF
|
$178.00 Million |
|
RGC Resources Inc
NASDAQ:RGCO
|
$177.78 Million |
|
Sharda Motor Industries Limited
NSE:SHARDAMOTR
|
$177.77 Million |
|
Radium Life Tech Co Ltd
TW:2547
|
$177.75 Million |
|
Echo Investment SA
WAR:ECH
|
$177.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wistron Information Technology & Services's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,524,735,000 to 3,821,100,000, a change of 296,365,000 (8.4%).
- Net income of 454,751,000 contributed positively to equity growth.
- Dividend payments of 361,719,000 reduced retained earnings.
- New share issuances of 33,750,000 increased equity.
- Other comprehensive income decreased equity by 212,832,999.
- Other factors increased equity by 382,415,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$454.75 Million | +11.9% |
| Dividends Paid | NT$361.72 Million | -9.47% |
| Share Issuances | NT$33.75 Million | +0.88% |
| Other Comprehensive Income | NT$-212.83 Million | -5.57% |
| Other Changes | NT$382.42 Million | +10.01% |
| Total Change | NT$- | 8.41% |
Book Value vs Market Value Analysis
This analysis compares Wistron Information Technology & Services'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: 2.23x
- 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 10.13x to 2.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$11.55 | NT$117.00 | x |
| 2010-12-31 | NT$12.34 | NT$117.00 | x |
| 2011-12-31 | NT$13.24 | NT$117.00 | x |
| 2012-12-31 | NT$14.77 | NT$117.00 | x |
| 2013-12-31 | NT$15.99 | NT$117.00 | x |
| 2014-12-31 | NT$18.68 | NT$117.00 | x |
| 2015-12-31 | NT$18.06 | NT$117.00 | x |
| 2016-12-31 | NT$17.53 | NT$117.00 | x |
| 2017-12-31 | NT$18.85 | NT$117.00 | x |
| 2018-12-31 | NT$33.27 | NT$117.00 | x |
| 2019-12-31 | NT$31.11 | NT$117.00 | x |
| 2020-12-31 | NT$34.52 | NT$117.00 | x |
| 2021-12-31 | NT$36.38 | NT$117.00 | x |
| 2022-12-31 | NT$40.83 | NT$117.00 | x |
| 2023-12-31 | NT$50.33 | NT$117.00 | x |
| 2024-12-31 | NT$52.37 | NT$117.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wistron Information Technology & Services 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): 11.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.43%
- • Asset Turnover: 1.82x
- • Equity Multiplier: 1.48x
- Recent ROE (11.90%) is above the historical average (11.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 11.10% | 7.58% | 1.08x | 1.36x | NT$6.00 Million |
| 2010 | 8.96% | 4.98% | 1.28x | 1.41x | NT$-6.23 Million |
| 2011 | 3.82% | 1.77% | 1.31x | 1.65x | NT$-40.43 Million |
| 2012 | 7.51% | 2.44% | 1.80x | 1.71x | NT$-17.31 Million |
| 2013 | 7.55% | 2.75% | 1.52x | 1.81x | NT$-19.32 Million |
| 2014 | 11.80% | 4.95% | 1.38x | 1.73x | NT$18.69 Million |
| 2015 | 1.55% | 0.62% | 1.35x | 1.84x | NT$-85.06 Million |
| 2016 | 6.85% | 2.44% | 1.51x | 1.86x | NT$-30.46 Million |
| 2017 | 10.82% | 3.92% | 1.49x | 1.86x | NT$8.27 Million |
| 2018 | 13.86% | 6.40% | 1.33x | 1.62x | NT$70.47 Million |
| 2019 | 19.59% | 7.76% | 1.58x | 1.59x | NT$202.22 Million |
| 2020 | 19.95% | 9.13% | 1.40x | 1.56x | NT$232.37 Million |
| 2021 | 18.54% | 7.38% | 1.54x | 1.63x | NT$209.86 Million |
| 2022 | 19.80% | 6.97% | 1.74x | 1.63x | NT$274.36 Million |
| 2023 | 16.68% | 6.65% | 1.69x | 1.49x | NT$235.50 Million |
| 2024 | 11.90% | 4.43% | 1.82x | 1.48x | NT$72.64 Million |
Industry Comparison
This section compares Wistron Information Technology & Services's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,095,129,333
- Average return on equity (ROE) among peers: 10.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wistron Information Technology & Services (4953) | NT$3.82 Billion | 11.10% | 0.46x | $177.78 Million |
| Kwong Fong Industries Corp (1416) | $5.18 Billion | 4.34% | 0.46x | $51.52 Million |
| Syscom Computer Engineering Co (2453) | $1.66 Billion | 4.41% | 0.94x | $99.66 Million |
| Fortune Information Systems Corp (2468) | $1.20 Billion | 5.30% | 0.80x | $42.41 Million |
| Jetwell Computer Co Ltd (3147) | $1.27 Billion | 22.59% | 1.36x | $118.85 Million |
| Sysage Technology Co Ltd (6112) | $2.24 Billion | 12.66% | 1.60x | $121.74 Million |
| Systex Corp (6214) | $13.81 Billion | 8.79% | 0.92x | $521.95 Million |
| Genesis Technology (6221) | $740.28 Million | 9.23% | 1.57x | $62.73 Million |
| International Integrated Systems, Inc. (6614) | $1.21 Billion | 10.21% | 2.16x | $34.40 Million |
| Information Technology Total Services Co. Ltd (6697) | $547.69 Million | 13.23% | 0.55x | $15.23 Million |