Sunplus Innovation Technology Inc.
Sunplus Innovation Technology Inc. researches, develops, manufactures, and markets microcontrollers and system-on-chips with embedded software solutions in Taiwan, China, and internationally. It provides wired optical mice, wireless desktops, and MCU for HID and toy devices; and Web, NB, and IOT camera controllers. The company's products are used in human interface devices, PC external HDD/ODD dr… Read more
Sunplus Innovation Technology Inc. (5236) - Net Assets
Latest net assets as of June 2025: NT$2.40 Billion TWD
Based on the latest financial reports, Sunplus Innovation Technology Inc. (5236) has net assets worth NT$2.40 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$3.21 Billion) and total liabilities (NT$812.59 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$2.40 Billion |
| % of Total Assets | 74.68% |
| Annual Growth Rate | 19.92% |
| 5-Year Change | 98.34% |
| 10-Year Change | N/A |
| Growth Volatility | 35.16 |
Sunplus Innovation Technology Inc. - Net Assets Trend (2018–2024)
This chart illustrates how Sunplus Innovation 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 Sunplus Innovation Technology Inc. (2018–2024)
The table below shows the annual net assets of Sunplus Innovation Technology Inc. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.60 Billion | +2.89% |
| 2023-12-31 | NT$2.53 Billion | +1.89% |
| 2022-12-31 | NT$2.48 Billion | -3.95% |
| 2021-12-31 | NT$2.58 Billion | +96.97% |
| 2020-12-31 | NT$1.31 Billion | +36.95% |
| 2019-12-31 | NT$956.45 Million | +9.52% |
| 2018-12-31 | NT$873.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunplus Innovation 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 208.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$482.15 Million | 18.56% |
| Other Components | NT$2.12 Billion | 81.44% |
| Total Equity | NT$2.60 Billion | 100.00% |
Sunplus Innovation Technology Inc. Competitors by Market Cap
The table below lists competitors of Sunplus Innovation Technology Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TrueBlue Inc
NYSE:TBI
|
$105.82 Million |
|
Pioneer Bancorp Inc
NASDAQ:PBFS
|
$105.82 Million |
|
CS Disco LLC
NYSE:LAW
|
$105.85 Million |
|
Tavia Acquisition Corp. Ordinary Shares
NASDAQ:TAVI
|
$105.87 Million |
|
OZYASAR TEL
IS:OZYSR
|
$105.70 Million |
|
Emerita Resources Corp
OTCQB:EMOTF
|
$105.66 Million |
|
Politeknik Metal Sanayi ve
IS:POLTK
|
$105.61 Million |
|
EVI Industries Inc
NYSE MKT:EVI
|
$105.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunplus Innovation Technology Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,525,133,000 to 2,598,025,000, a change of 72,892,000 (2.9%).
- Net income of 482,067,000 contributed positively to equity growth.
- Dividend payments of 409,105,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$482.07 Million | +18.56% |
| Dividends Paid | NT$409.11 Million | -15.75% |
| Other Changes | NT$-70.00K | -0.0% |
| Total Change | NT$- | 2.89% |
Book Value vs Market Value Analysis
This analysis compares Sunplus Innovation 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: 3.01x
- 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 decreased from 7.69x to 3.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | NT$16.97 | NT$130.50 | x |
| 2019-12-31 | NT$18.59 | NT$130.50 | x |
| 2020-12-31 | NT$25.35 | NT$130.50 | x |
| 2021-12-31 | NT$47.23 | NT$130.50 | x |
| 2022-12-31 | NT$42.72 | NT$130.50 | x |
| 2023-12-31 | NT$43.22 | NT$130.50 | x |
| 2024-12-31 | NT$43.30 | NT$130.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunplus Innovation Technology Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.52%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.19x
- Recent ROE (18.56%) is below the historical average (18.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 6.95% | 7.03% | 0.75x | 1.32x | NT$-26.62 Million |
| 2019 | 14.18% | 13.95% | 0.77x | 1.33x | NT$40.01 Million |
| 2020 | 35.70% | 25.64% | 0.97x | 1.43x | NT$336.68 Million |
| 2021 | 24.63% | 27.77% | 0.70x | 1.27x | NT$377.43 Million |
| 2022 | 15.06% | 24.21% | 0.53x | 1.18x | NT$125.50 Million |
| 2023 | 16.94% | 25.93% | 0.56x | 1.17x | NT$175.28 Million |
| 2024 | 18.56% | 26.52% | 0.59x | 1.19x | NT$222.26 Million |
Industry Comparison
This section compares Sunplus Innovation 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 |
|---|---|---|---|---|
| Sunplus Innovation Technology Inc. (5236) | NT$2.40 Billion | 6.95% | 0.34x | $105.78 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 |