Sunplus Innovation Technology Inc. (5236) - Net Assets
Based on the latest financial reports, Sunplus Innovation Technology Inc. (5236) has net assets worth NT$2.66 Billion TWD (≈ $83.84 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$3.12 Billion ≈ $98.35 Million USD) and total liabilities (NT$460.66 Million ≈ $14.51 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 asset resilience ratio of Sunplus Innovation Technology Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.66 Billion |
| % of Total Assets | 85.24% |
| Annual Growth Rate | 17.25% |
| 5-Year Change | 3.14% |
| 10-Year Change | N/A |
| Growth Volatility | 33.42 |
Sunplus Innovation Technology Inc. - Net Assets Trend (2018–2025)
This chart illustrates how Sunplus Innovation Technology Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore 5236 asset base for the complete picture of this company's asset base.
Annual Net Assets for Sunplus Innovation Technology Inc. (2018–2025)
The table below shows the annual net assets of Sunplus Innovation Technology Inc. from 2018 to 2025. For live valuation and market cap data, see 5236 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.66 Billion ≈ $83.84 Million |
+2.42% |
| 2024-12-31 | NT$2.60 Billion ≈ $81.85 Million |
+2.89% |
| 2023-12-31 | NT$2.53 Billion ≈ $79.56 Million |
+1.89% |
| 2022-12-31 | NT$2.48 Billion ≈ $78.08 Million |
-3.95% |
| 2021-12-31 | NT$2.58 Billion ≈ $81.29 Million |
+96.97% |
| 2020-12-31 | NT$1.31 Billion ≈ $41.27 Million |
+36.95% |
| 2019-12-31 | NT$956.45 Million ≈ $30.13 Million |
+9.52% |
| 2018-12-31 | NT$873.32 Million ≈ $27.51 Million |
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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 229.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$514.92 Million | 19.35% |
| Other Components | NT$2.15 Billion | 80.65% |
| Total Equity | NT$2.66 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 |
|---|---|
|
Duopharma Biotech Bhd
KLSE:7148
|
$309.14 Million |
|
Easy Trip Planners Limited
NSE:EASEMYTRIP
|
$309.14 Million |
|
Kneat.com Inc
TO:KSI
|
$309.65 Million |
|
Shoper S.A.
WAR:SHO
|
$309.72 Million |
|
Koramco Energy Plus Reit Co Ltd
KO:357120
|
$309.04 Million |
|
Eastern Polymer Group Public Company Limited
BK:EPG
|
$308.95 Million |
|
Edda Wind ASA
OL:EWIND
|
$308.89 Million |
|
Taiwan Optical Platform Co Ltd
TW:6464
|
$308.76 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 2024 to 2025, total equity changed from 2,598,025,000 to 2,660,989,000, a change of 62,964,000 (2.4%).
- Net income of 515,179,000 contributed positively to equity growth.
- Dividend payments of 451,944,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$515.18 Million | +19.36% |
| Dividends Paid | NT$451.94 Million | -16.98% |
| Other Changes | NT$-271.00K | -0.01% |
| Total Change | NT$- | 2.42% |
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: 3.69x
- 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 9.63x to 3.69x 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$163.50 | x |
| 2019-12-31 | NT$18.59 | NT$163.50 | x |
| 2020-12-31 | NT$25.35 | NT$163.50 | x |
| 2021-12-31 | NT$47.23 | NT$163.50 | x |
| 2022-12-31 | NT$42.72 | NT$163.50 | x |
| 2023-12-31 | NT$43.22 | NT$163.50 | x |
| 2024-12-31 | NT$43.30 | NT$163.50 | x |
| 2025-12-31 | NT$44.35 | NT$163.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunplus Innovation Technology Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.76%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.17x
- Recent ROE (19.36%) is above the historical average (18.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 6.95% | 7.03% | 0.75x | 1.32x | NT$-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 |
| 2025 | 19.36% | 25.76% | 0.64x | 1.17x | NT$249.08 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: $202,930,058,900
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunplus Innovation Technology Inc. (5236) | NT$2.66 Billion | 6.95% | 0.17x | $309.09 Million |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $281.20 Billion | 18.22% | 0.65x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.61 Trillion | 21.92% | 0.40x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $24.66 Billion | 22.38% | 0.79x | $8.99 Billion |
| Optotech Corp (2340) | $7.08 Billion | 9.72% | 0.77x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $166.75 Million |
| Winbond Electronics Corp (2344) | $60.28 Billion | 5.50% | 0.10x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $7.70 Billion | -2.92% | 0.01x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.11 Billion | 17.61% | 0.86x | $8.72 Billion |
About 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