Yuan High-Tech Development Co Ltd
Yuan High-Tech Development Co., Ltd. provides video/audio products for system integrators and ODM customers primarily in Taiwan. The company offers PCIe/miniPCIe/M.2 video capture cards, USB2.0/3.0 capture boxes/dongles, video converter boxes, and streaming encoder boxes. It also offers video processing platform; converter solutions, such as video converters, matrix, switcher, distributors, and e… Read more
Yuan High-Tech Development Co Ltd (5474) - Net Assets
Latest net assets as of June 2025: NT$1.88 Billion TWD
Based on the latest financial reports, Yuan High-Tech Development Co Ltd (5474) has net assets worth NT$1.88 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$2.55 Billion) and total liabilities (NT$671.22 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$1.88 Billion |
| % of Total Assets | 73.71% |
| Annual Growth Rate | 10.42% |
| 5-Year Change | 28.54% |
| 10-Year Change | 194.24% |
| Growth Volatility | 13.27 |
Yuan High-Tech Development Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Yuan High-Tech Development Co 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 Yuan High-Tech Development Co Ltd (2002–2024)
The table below shows the annual net assets of Yuan High-Tech Development Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.95 Billion | +8.26% |
| 2023-12-31 | NT$1.81 Billion | +2.59% |
| 2022-12-31 | NT$1.76 Billion | +7.24% |
| 2021-12-31 | NT$1.64 Billion | +7.92% |
| 2020-12-31 | NT$1.52 Billion | +38.91% |
| 2019-12-31 | NT$1.09 Billion | +13.76% |
| 2018-12-31 | NT$962.35 Million | +17.79% |
| 2017-12-31 | NT$817.02 Million | +7.02% |
| 2016-12-31 | NT$763.46 Million | +14.92% |
| 2015-12-31 | NT$664.33 Million | +16.56% |
| 2014-12-31 | NT$569.96 Million | +10.77% |
| 2013-12-31 | NT$514.55 Million | +12.65% |
| 2012-12-31 | NT$456.78 Million | +8.44% |
| 2011-12-31 | NT$421.23 Million | -1.16% |
| 2010-12-31 | NT$426.18 Million | -9.63% |
| 2009-12-31 | NT$471.61 Million | -8.79% |
| 2008-12-31 | NT$517.08 Million | -0.24% |
| 2007-12-31 | NT$518.30 Million | +19.63% |
| 2006-12-31 | NT$433.26 Million | +50.44% |
| 2005-12-31 | NT$288.00 Million | +0.12% |
| 2004-12-31 | NT$287.65 Million | +12.37% |
| 2003-12-31 | NT$255.98 Million | +15.91% |
| 2002-12-31 | NT$220.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yuan High-Tech Development Co 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 125459400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.25 Billion | 64.18% |
| Other Components | NT$700.12 Million | 35.82% |
| Total Equity | NT$1.95 Billion | 100.00% |
Yuan High-Tech Development Co Ltd Competitors by Market Cap
The table below lists competitors of Yuan High-Tech Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ruby Tech
TWO:8048
|
$75.96 Million |
|
Worldline
LSE:0QVI
|
$76.00 Million |
|
Fast Ejendom
CO:FED
|
$76.00 Million |
|
Prime Office A/S
CO:PRIMOF
|
$76.00 Million |
|
KUZEY BORU
IS:KBORU
|
$75.93 Million |
|
Catella AB (publ)
ST:CAT-B
|
$75.92 Million |
|
Cornish Metals Inc
PINK:SBWFF
|
$75.90 Million |
|
Kukdo Chemical
KO:007690
|
$75.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yuan High-Tech Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,805,593,000 to 1,954,717,000, a change of 149,124,000 (8.3%).
- Net income of 284,412,000 contributed positively to equity growth.
- Dividend payments of 139,150,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$284.41 Million | +14.55% |
| Dividends Paid | NT$139.15 Million | -7.12% |
| Other Changes | NT$3.86 Million | +0.2% |
| Total Change | NT$- | 8.26% |
Book Value vs Market Value Analysis
This analysis compares Yuan High-Tech Development Co 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: 2.90x
- 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 5.88x to 2.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$24.22 | NT$142.50 | x |
| 2018-12-31 | NT$28.53 | NT$142.50 | x |
| 2019-12-31 | NT$32.46 | NT$142.50 | x |
| 2020-12-31 | NT$37.97 | NT$142.50 | x |
| 2021-12-31 | NT$41.17 | NT$142.50 | x |
| 2022-12-31 | NT$44.12 | NT$142.50 | x |
| 2023-12-31 | NT$45.34 | NT$142.50 | x |
| 2024-12-31 | NT$49.17 | NT$142.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yuan High-Tech Development Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.82%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.21x
- Recent ROE (14.55%) is below the historical average (18.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 7.31% | 2.43% | 1.71x | 1.76x | NT$-5.94 Million |
| 2003 | 13.73% | 3.31% | 2.48x | 1.67x | NT$9.55 Million |
| 2004 | 10.73% | 2.86% | 2.54x | 1.48x | NT$2.11 Million |
| 2005 | 0.12% | 0.07% | 1.07x | 1.64x | NT$-28.45 Million |
| 2006 | 33.53% | 12.24% | 1.69x | 1.62x | NT$101.94 Million |
| 2007 | 19.53% | 15.47% | 0.97x | 1.31x | NT$49.39 Million |
| 2008 | 17.30% | 6.58% | 1.78x | 1.47x | NT$37.74 Million |
| 2009 | 1.09% | 1.04% | 0.86x | 1.21x | NT$-42.03 Million |
| 2012 | 7.76% | 7.23% | 0.77x | 1.39x | NT$-10.21 Million |
| 2013 | 17.54% | 13.55% | 0.95x | 1.36x | NT$38.78 Million |
| 2014 | 24.59% | 17.45% | 0.94x | 1.51x | NT$83.16 Million |
| 2015 | 32.19% | 20.84% | 1.10x | 1.41x | NT$147.40 Million |
| 2016 | 31.87% | 22.58% | 1.01x | 1.39x | NT$166.93 Million |
| 2017 | 20.28% | 18.38% | 0.80x | 1.38x | NT$84.00 Million |
| 2018 | 26.56% | 22.28% | 0.91x | 1.32x | NT$159.40 Million |
| 2019 | 23.78% | 20.11% | 0.88x | 1.35x | NT$150.83 Million |
| 2020 | 40.47% | 22.75% | 1.16x | 1.53x | NT$463.35 Million |
| 2021 | 23.40% | 21.43% | 0.88x | 1.24x | NT$219.97 Million |
| 2022 | 17.86% | 22.90% | 0.65x | 1.20x | NT$138.31 Million |
| 2023 | 11.16% | 17.07% | 0.53x | 1.24x | NT$20.98 Million |
| 2024 | 14.55% | 23.82% | 0.51x | 1.21x | NT$88.94 Million |
Industry Comparison
This section compares Yuan High-Tech Development Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yuan High-Tech Development Co Ltd (5474) | NT$1.88 Billion | 7.31% | 0.36x | $75.94 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |