InnoDisk
Innodisk Corporation researches, develops, manufactures, and sales industrial embedded storage devices in Taiwan, Asia, Japan, Germany, China, Europe, the United States, and internationally. The company offers flash storage products, such as solid state drives (SSDs); SATA Slim, nano SSD, compact flash memory card, SATADOM horizontal and vertical, embedded disk card; SD and MicroSD cards; USB and… Read more
InnoDisk (5289) - Net Assets
Latest net assets as of June 2025: NT$7.35 Billion TWD
Based on the latest financial reports, InnoDisk (5289) has net assets worth NT$7.35 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$10.85 Billion) and total liabilities (NT$3.49 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$7.35 Billion |
| % of Total Assets | 67.78% |
| Annual Growth Rate | 17.39% |
| 5-Year Change | 57.72% |
| 10-Year Change | 226.71% |
| Growth Volatility | 10.23 |
InnoDisk - Net Assets Trend (2011–2024)
This chart illustrates how InnoDisk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for InnoDisk (2011–2024)
The table below shows the annual net assets of InnoDisk from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.67 Billion | +7.42% |
| 2023-12-31 | NT$7.14 Billion | +0.33% |
| 2022-12-31 | NT$7.12 Billion | +18.00% |
| 2021-12-31 | NT$6.03 Billion | +24.02% |
| 2020-12-31 | NT$4.87 Billion | +8.23% |
| 2019-12-31 | NT$4.50 Billion | +14.77% |
| 2018-12-31 | NT$3.92 Billion | +16.04% |
| 2017-12-31 | NT$3.38 Billion | +27.24% |
| 2016-12-31 | NT$2.65 Billion | +12.94% |
| 2015-12-31 | NT$2.35 Billion | +13.92% |
| 2014-12-31 | NT$2.06 Billion | +30.53% |
| 2013-12-31 | NT$1.58 Billion | +40.49% |
| 2012-12-31 | NT$1.12 Billion | +17.82% |
| 2011-12-31 | NT$954.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to InnoDisk'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 1219.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.85 Billion | 51.37% |
| Other Components | NT$3.64 Billion | 48.63% |
| Total Equity | NT$7.49 Billion | 100.00% |
InnoDisk Competitors by Market Cap
The table below lists competitors of InnoDisk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ComfortDelGro Corporation Limited
STU:VZ1
|
$2.09 Billion |
|
Hisamitsu Pharmaceutical Co. Inc
F:HPX
|
$2.09 Billion |
|
Hellenic Telec
LSE:0FIZ
|
$2.09 Billion |
|
Dave Inc
NASDAQ:DAVE
|
$2.09 Billion |
|
Grupa KĘTY SA
WAR:KTY
|
$2.09 Billion |
|
Adamas Trust, Inc.
NASDAQ:ADAMG
|
$2.09 Billion |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
$2.09 Billion |
|
Arcutis Biotherapeutics Inc
NASDAQ:ARQT
|
$2.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in InnoDisk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,036,917,000 to 7,491,143,000, a change of 454,226,000 (6.5%).
- Net income of 1,106,172,000 contributed positively to equity growth.
- Dividend payments of 901,656,000 reduced retained earnings.
- New share issuances of 191,692,000 increased equity.
- Other comprehensive income decreased equity by 1,032,876,000.
- Other factors increased equity by 1,090,894,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.11 Billion | +14.77% |
| Dividends Paid | NT$901.66 Million | -12.04% |
| Share Issuances | NT$191.69 Million | +2.56% |
| Other Comprehensive Income | NT$-1.03 Billion | -13.79% |
| Other Changes | NT$1.09 Billion | +14.56% |
| Total Change | NT$- | 6.45% |
Book Value vs Market Value Analysis
This analysis compares InnoDisk'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: 12.38x
- 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 66.92x to 12.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | NT$15.17 | NT$1015.00 | x |
| 2012-12-31 | NT$16.29 | NT$1015.00 | x |
| 2013-12-31 | NT$22.64 | NT$1015.00 | x |
| 2014-12-31 | NT$25.30 | NT$1015.00 | x |
| 2015-12-31 | NT$28.96 | NT$1015.00 | x |
| 2016-12-31 | NT$29.99 | NT$1015.00 | x |
| 2017-12-31 | NT$41.40 | NT$1015.00 | x |
| 2018-12-31 | NT$46.40 | NT$1015.00 | x |
| 2019-12-31 | NT$51.47 | NT$1015.00 | x |
| 2020-12-31 | NT$55.16 | NT$1015.00 | x |
| 2021-12-31 | NT$67.69 | NT$1015.00 | x |
| 2022-12-31 | NT$78.89 | NT$1015.00 | x |
| 2023-12-31 | NT$78.09 | NT$1015.00 | x |
| 2024-12-31 | NT$82.02 | NT$1015.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently InnoDisk 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): 14.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.41%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.30x
- Recent ROE (14.77%) is below the historical average (21.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 28.24% | 12.87% | 1.60x | 1.37x | NT$174.07 Million |
| 2012 | 21.36% | 10.13% | 1.68x | 1.26x | NT$127.77 Million |
| 2013 | 18.09% | 10.21% | 1.35x | 1.31x | NT$127.75 Million |
| 2014 | 26.20% | 14.37% | 1.34x | 1.36x | NT$313.65 Million |
| 2015 | 24.77% | 12.78% | 1.23x | 1.57x | NT$334.27 Million |
| 2016 | 18.57% | 9.98% | 1.10x | 1.69x | NT$213.96 Million |
| 2017 | 22.82% | 11.73% | 1.41x | 1.38x | NT$431.34 Million |
| 2018 | 21.62% | 10.72% | 1.52x | 1.33x | NT$453.14 Million |
| 2019 | 22.73% | 13.78% | 1.30x | 1.27x | NT$568.11 Million |
| 2020 | 19.34% | 13.03% | 1.15x | 1.29x | NT$450.04 Million |
| 2021 | 26.19% | 15.31% | 1.24x | 1.38x | NT$964.79 Million |
| 2022 | 26.38% | 17.96% | 1.11x | 1.33x | NT$1.15 Billion |
| 2023 | 16.31% | 13.80% | 0.89x | 1.33x | NT$443.92 Million |
| 2024 | 14.77% | 12.41% | 0.91x | 1.30x | NT$357.06 Million |
Industry Comparison
This section compares InnoDisk's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| InnoDisk (5289) | NT$7.35 Billion | 28.24% | 0.48x | $2.09 Billion |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |