InnoDisk (5289) - Net Assets
Based on the latest financial reports, InnoDisk (5289) has net assets worth NT$9.11 Billion TWD (≈ $287.13 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$14.55 Billion ≈ $458.36 Million USD) and total liabilities (NT$5.43 Billion ≈ $171.23 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 InnoDisk tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$9.11 Billion |
| % of Total Assets | 62.64% |
| Annual Growth Rate | 17.49% |
| 5-Year Change | 51.05% |
| 10-Year Change | 243.57% |
| Growth Volatility | 9.86 |
InnoDisk - Net Assets Trend (2011–2025)
This chart illustrates how InnoDisk's net assets have evolved over time, based on quarterly financial data. See InnoDisk defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for InnoDisk (2011–2025)
The table below shows the annual net assets of InnoDisk from 2011 to 2025. For live valuation and market cap data, see 5289 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$9.11 Billion ≈ $287.13 Million |
+18.77% |
| 2024-12-31 | NT$7.67 Billion ≈ $241.75 Million |
+7.42% |
| 2023-12-31 | NT$7.14 Billion ≈ $225.05 Million |
+0.33% |
| 2022-12-31 | NT$7.12 Billion ≈ $224.30 Million |
+18.00% |
| 2021-12-31 | NT$6.03 Billion ≈ $190.09 Million |
+24.02% |
| 2020-12-31 | NT$4.87 Billion ≈ $153.28 Million |
+8.23% |
| 2019-12-31 | NT$4.50 Billion ≈ $141.62 Million |
+14.77% |
| 2018-12-31 | NT$3.92 Billion ≈ $123.39 Million |
+16.04% |
| 2017-12-31 | NT$3.38 Billion ≈ $106.33 Million |
+27.24% |
| 2016-12-31 | NT$2.65 Billion ≈ $83.57 Million |
+12.94% |
| 2015-12-31 | NT$2.35 Billion ≈ $73.99 Million |
+13.92% |
| 2014-12-31 | NT$2.06 Billion ≈ $64.96 Million |
+30.53% |
| 2013-12-31 | NT$1.58 Billion ≈ $49.76 Million |
+40.49% |
| 2012-12-31 | NT$1.12 Billion ≈ $35.42 Million |
+17.82% |
| 2011-12-31 | NT$954.25 Million ≈ $30.06 Million |
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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 1578.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.89 Billion | 54.75% |
| Other Components | NT$4.05 Billion | 45.25% |
| Total Equity | NT$8.94 Billion | 100.00% |
InnoDisk Competitors by Market Cap
The table below lists competitors of InnoDisk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Morningstar Inc
NASDAQ:MORN
|
$5.84 Billion |
|
QMMM Holdings Limited Ordinary Shares
NASDAQ:QMMM
|
$5.84 Billion |
|
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379
|
$5.85 Billion |
|
Wuxi Taclink Optoelectronics Technology Co. Ltd. A
SHG:688205
|
$5.85 Billion |
|
Marfrig Global Foods S.A.
SA:MRFG3
|
$5.84 Billion |
|
Rhythm Pharmaceuticals Inc
NASDAQ:RYTM
|
$5.84 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
$5.83 Billion |
|
IOI Properties Group Bhd
KLSE:5249
|
$5.83 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 2024 to 2025, total equity changed from 7,491,143,000 to 8,940,787,000, a change of 1,449,644,000 (19.4%).
- Net income of 2,035,643,000 contributed positively to equity growth.
- Dividend payments of 859,687,000 reduced retained earnings.
- New share issuances of 222,334,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.04 Billion | +22.77% |
| Dividends Paid | NT$859.69 Million | -9.62% |
| Share Issuances | NT$222.33 Million | +2.49% |
| Other Changes | NT$51.35 Million | +0.57% |
| Total Change | NT$- | 19.35% |
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: 20.58x
- 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 127.25x to 20.58x 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$1930.00 | x |
| 2012-12-31 | NT$16.29 | NT$1930.00 | x |
| 2013-12-31 | NT$22.64 | NT$1930.00 | x |
| 2014-12-31 | NT$25.30 | NT$1930.00 | x |
| 2015-12-31 | NT$28.96 | NT$1930.00 | x |
| 2016-12-31 | NT$29.99 | NT$1930.00 | x |
| 2017-12-31 | NT$41.40 | NT$1930.00 | x |
| 2018-12-31 | NT$46.40 | NT$1930.00 | x |
| 2019-12-31 | NT$51.47 | NT$1930.00 | x |
| 2020-12-31 | NT$55.16 | NT$1930.00 | x |
| 2021-12-31 | NT$67.69 | NT$1930.00 | x |
| 2022-12-31 | NT$78.89 | NT$1930.00 | x |
| 2023-12-31 | NT$78.09 | NT$1930.00 | x |
| 2024-12-31 | NT$82.02 | NT$1930.00 | x |
| 2025-12-31 | NT$93.77 | NT$1930.00 | 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): 22.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.27%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.63x
- Recent ROE (22.77%) is above the historical average (22.01%), indicating improving 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 |
| 2025 | 22.77% | 14.27% | 0.98x | 1.63x | NT$1.14 Billion |
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: $37,725,212,200
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| InnoDisk (5289) | NT$9.11 Billion | 28.24% | 0.60x | $5.84 Billion |
| Solytech Enterprise Corp (1471) | $2.28 Billion | -15.70% | 0.21x | $51.89 Million |
| Lite-On Technology Corp (2301) | $79.24 Billion | 11.05% | 1.68x | $15.05 Billion |
| Microtek International Inc (2305) | $1.61 Billion | 0.17% | 0.31x | $214.92 Million |
| Kinpo Electronics Inc (2312) | $13.60 Billion | 7.28% | 0.85x | $1.68 Billion |
| CMC Magnetics Corp (2323) | $27.94 Billion | -6.18% | 0.41x | $403.27 Million |
| Compal Electronics Inc (2324) | $113.16 Billion | 7.88% | 2.53x | $5.18 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $3.31 Billion | 36.86% | 2.06x | $393.37 Million |
| Ritek Corp (2349) | $10.29 Billion | -7.79% | 0.90x | $302.69 Million |
| Qisda Corp (2352) | $32.95 Billion | 13.18% | 1.89x | $1.54 Billion |
| Acer Inc (2353) | $92.88 Billion | 12.22% | 2.13x | $3.26 Billion |
About 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