Parade Technologies Ltd
Parade Technologies, Ltd., operates as a fabless semiconductor company in South Korea, China, Taiwan, Japan, and internationally. It engages in the research and development, and marketing and sale of high-speed interface standards, and touch controller and display processing integrated circuit (IC) chips for products used in computers, consumer electronics, and display panels. The company's produ… Read more
Parade Technologies Ltd (4966) - Net Assets
Latest net assets as of June 2025: NT$19.74 Billion TWD
Based on the latest financial reports, Parade Technologies Ltd (4966) has net assets worth NT$19.74 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$23.16 Billion) and total liabilities (NT$3.42 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$19.74 Billion |
| % of Total Assets | 85.22% |
| Annual Growth Rate | 29.64% |
| 5-Year Change | 76.3% |
| 10-Year Change | 246.08% |
| Growth Volatility | 51.61 |
Parade Technologies Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Parade Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Parade Technologies Ltd (2009–2024)
The table below shows the annual net assets of Parade Technologies Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$22.36 Billion | +14.08% |
| 2023-12-31 | NT$19.60 Billion | +10.54% |
| 2022-12-31 | NT$17.73 Billion | +22.60% |
| 2021-12-31 | NT$14.46 Billion | +14.02% |
| 2020-12-31 | NT$12.68 Billion | +12.65% |
| 2019-12-31 | NT$11.26 Billion | +15.82% |
| 2018-12-31 | NT$9.72 Billion | +16.03% |
| 2017-12-31 | NT$8.38 Billion | +11.68% |
| 2016-12-31 | NT$7.50 Billion | +16.11% |
| 2015-12-31 | NT$6.46 Billion | +19.18% |
| 2014-12-31 | NT$5.42 Billion | +35.75% |
| 2013-12-31 | NT$3.99 Billion | +21.39% |
| 2012-12-31 | NT$3.29 Billion | +46.70% |
| 2011-12-31 | NT$2.24 Billion | +222.93% |
| 2010-12-31 | NT$694.47 Million | +52.45% |
| 2009-12-31 | NT$455.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Parade Technologies 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 1631924200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$15.98 Billion | 71.46% |
| Other Components | NT$6.38 Billion | 28.54% |
| Total Equity | NT$22.36 Billion | 100.00% |
Parade Technologies Ltd Competitors by Market Cap
The table below lists competitors of Parade Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Birchcliff Energy Ltd.
PINK:BIREF
|
$1.13 Billion |
|
Poongsan
KO:103140
|
$1.13 Billion |
|
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
SHE:000029
|
$1.13 Billion |
|
Shenzhen Chipscreen Biosciences Co
SHG:688321
|
$1.13 Billion |
|
Ladder Capital Corp. Cl A
LSE:0JSZ
|
$1.13 Billion |
|
Paladin Energy Ltd
OTCQX:PALAF
|
$1.13 Billion |
|
An Hui Wenergy Co Ltd
SHE:000543
|
$1.13 Billion |
|
DBV Technologies
NASDAQ:DBVT
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parade Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,600,508,000 to 22,361,149,000, a change of 2,760,641,000 (14.1%).
- Net income of 2,592,123,000 contributed positively to equity growth.
- Dividend payments of 1,015,560,000 reduced retained earnings.
- Share repurchases of 926,309,000 reduced equity.
- New share issuances of 807,932,000 increased equity.
- Other comprehensive income decreased equity by 4,158,670,000.
- Other factors increased equity by 5,461,125,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.59 Billion | +11.59% |
| Dividends Paid | NT$1.02 Billion | -4.54% |
| Share Repurchases | NT$926.31 Million | -4.14% |
| Share Issuances | NT$807.93 Million | +3.61% |
| Other Comprehensive Income | NT$-4.16 Billion | -18.6% |
| Other Changes | NT$5.46 Billion | +24.42% |
| Total Change | NT$- | 14.08% |
Book Value vs Market Value Analysis
This analysis compares Parade Technologies 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: 1.85x
- 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 65.30x to 1.85x 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$7.99 | NT$522.00 | x |
| 2010-12-31 | NT$11.81 | NT$522.00 | x |
| 2011-12-31 | NT$33.31 | NT$522.00 | x |
| 2012-12-31 | NT$44.00 | NT$522.00 | x |
| 2013-12-31 | NT$53.06 | NT$522.00 | x |
| 2014-12-31 | NT$71.45 | NT$522.00 | x |
| 2015-12-31 | NT$84.69 | NT$522.00 | x |
| 2016-12-31 | NT$97.27 | NT$522.00 | x |
| 2017-12-31 | NT$106.48 | NT$522.00 | x |
| 2018-12-31 | NT$121.73 | NT$522.00 | x |
| 2019-12-31 | NT$141.97 | NT$522.00 | x |
| 2020-12-31 | NT$158.23 | NT$522.00 | x |
| 2021-12-31 | NT$178.65 | NT$522.00 | x |
| 2022-12-31 | NT$218.47 | NT$522.00 | x |
| 2023-12-31 | NT$246.31 | NT$522.00 | x |
| 2024-12-31 | NT$281.97 | NT$522.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parade Technologies Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.96%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.17x
- Recent ROE (11.59%) is below the historical average (22.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1.79% | 1.15% | 1.15x | 1.36x | NT$-37.41 Million |
| 2010 | 39.11% | 17.05% | 1.73x | 1.33x | NT$202.15 Million |
| 2011 | 20.19% | 19.43% | 0.81x | 1.28x | NT$228.43 Million |
| 2012 | 39.05% | 26.88% | 1.22x | 1.20x | NT$955.89 Million |
| 2013 | 17.01% | 16.12% | 0.85x | 1.25x | NT$279.77 Million |
| 2014 | 22.61% | 19.69% | 0.95x | 1.20x | NT$683.59 Million |
| 2015 | 17.71% | 15.92% | 0.87x | 1.28x | NT$498.22 Million |
| 2016 | 18.08% | 14.89% | 0.92x | 1.31x | NT$605.95 Million |
| 2017 | 23.06% | 18.66% | 0.98x | 1.26x | NT$1.09 Billion |
| 2018 | 20.26% | 19.00% | 0.86x | 1.24x | NT$997.21 Million |
| 2019 | 21.61% | 20.61% | 0.86x | 1.22x | NT$1.31 Billion |
| 2020 | 27.64% | 22.94% | 0.92x | 1.31x | NT$2.24 Billion |
| 2021 | 36.26% | 26.23% | 1.03x | 1.34x | NT$3.80 Billion |
| 2022 | 27.63% | 24.42% | 0.91x | 1.24x | NT$3.13 Billion |
| 2023 | 10.37% | 14.77% | 0.59x | 1.19x | NT$73.08 Million |
| 2024 | 11.59% | 15.96% | 0.62x | 1.17x | NT$356.01 Million |
Industry Comparison
This section compares Parade Technologies Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $34,454,425,800
- Average return on equity (ROE) among peers: 1.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parade Technologies Ltd (4966) | NT$19.74 Billion | 1.79% | 0.17x | $1.13 Billion |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $11.27 Billion | 16.69% | 0.64x | $836.46 Million |
| Macronix International Co Ltd (2337) | $43.14 Billion | -2.01% | 0.66x | $5.52 Billion |
| Optotech Corp (2340) | $7.91 Billion | 10.80% | 0.37x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $13.91 Billion | 24.57% | 0.89x | $98.63 Million |
| Winbond Electronics Corp (2344) | $61.04 Billion | 0.00% | 0.26x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $15.75 Billion | 0.00% | 0.20x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $19.52 Billion | 15.55% | 0.75x | $6.64 Billion |
| VIA Technologies Inc (2388) | $6.06 Billion | -46.79% | 1.02x | $369.19 Million |
| Nanya Technology Corp (2408) | $165.05 Billion | -3.08% | 0.25x | $8.18 Billion |