Dynacolor
DynaColor, Inc. engages in the development and sale of human and computer vision products for video security, machine vision systems, and robotic applications in Taiwan and internationally. The company offers network surveillance products, including speed dome cameras, high megapixel IP cameras, and network video recorders, as well as video management software used in various places, such as reta… Read more
Dynacolor (5489) - Net Assets
Latest net assets as of September 2025: NT$2.25 Billion TWD
Based on the latest financial reports, Dynacolor (5489) has net assets worth NT$2.25 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.73 Billion) and total liabilities (NT$478.89 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$2.25 Billion |
| % of Total Assets | 82.43% |
| Annual Growth Rate | 1.53% |
| 5-Year Change | 12.1% |
| 10-Year Change | N/A |
| Growth Volatility | 6.58 |
Dynacolor - Net Assets Trend (2017–2024)
This chart illustrates how Dynacolor's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dynacolor (2017–2024)
The table below shows the annual net assets of Dynacolor from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.34 Billion | +4.62% |
| 2023-12-31 | NT$2.23 Billion | -4.98% |
| 2022-12-31 | NT$2.35 Billion | +11.82% |
| 2021-12-31 | NT$2.10 Billion | +0.84% |
| 2020-12-31 | NT$2.09 Billion | -8.47% |
| 2019-12-31 | NT$2.28 Billion | +0.27% |
| 2018-12-31 | NT$2.27 Billion | +8.12% |
| 2017-12-31 | NT$2.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dynacolor'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 decreased by 29.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$764.31 Million | 32.77% |
| Other Components | NT$1.57 Billion | 67.23% |
| Total Equity | NT$2.33 Billion | 100.00% |
Dynacolor Competitors by Market Cap
The table below lists competitors of Dynacolor ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AV Tech Corp
TW:8072
|
$20.68 Million |
|
Flint Telecom Group
PINK:EAXR
|
$20.68 Million |
|
Mogo Inc
NASDAQ:MOGO
|
$20.68 Million |
|
Foremost Lithium Resource & Technology Ltd. Common stock
NASDAQ:FMST
|
$20.69 Million |
|
LB Aluminium Bhd
KLSE:9326
|
$20.66 Million |
|
Theta Gold Mines Limited
PINK:TGMGF
|
$20.65 Million |
|
NextTrip Inc
NASDAQ:NTRP
|
$20.64 Million |
|
MetalsTech Limited
F:MT1
|
$20.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dynacolor's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,229,060,000 to 2,332,297,000, a change of 103,237,000 (4.6%).
- Net income of 236,901,000 contributed positively to equity growth.
- Dividend payments of 100,587,000 reduced retained earnings.
- Share repurchases of 75,460,000 reduced equity.
- New share issuances of 32,548,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$236.90 Million | +10.16% |
| Dividends Paid | NT$100.59 Million | -4.31% |
| Share Repurchases | NT$75.46 Million | -3.24% |
| Share Issuances | NT$32.55 Million | +1.4% |
| Other Changes | NT$9.84 Million | +0.42% |
| Total Change | NT$- | 4.63% |
Book Value vs Market Value Analysis
This analysis compares Dynacolor'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: 1.68x
- 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 1.91x to 1.68x 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$20.89 | NT$39.80 | x |
| 2018-12-31 | NT$22.56 | NT$39.80 | x |
| 2019-12-31 | NT$22.54 | NT$39.80 | x |
| 2020-12-31 | NT$20.90 | NT$39.80 | x |
| 2021-12-31 | NT$21.07 | NT$39.80 | x |
| 2022-12-31 | NT$23.20 | NT$39.80 | x |
| 2023-12-31 | NT$22.17 | NT$39.80 | x |
| 2024-12-31 | NT$23.66 | NT$39.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dynacolor utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.16%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.16x
- Recent ROE (10.16%) is above the historical average (7.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.44% | 8.00% | 0.67x | 1.58x | NT$-32.71 Million |
| 2018 | 13.11% | 14.35% | 0.61x | 1.50x | NT$70.55 Million |
| 2019 | 8.55% | 10.78% | 0.58x | 1.37x | NT$-33.00 Million |
| 2020 | -1.38% | -2.43% | 0.45x | 1.27x | NT$-236.65 Million |
| 2021 | 5.89% | 7.24% | 0.53x | 1.53x | NT$-86.19 Million |
| 2022 | 12.31% | 16.54% | 0.55x | 1.36x | NT$54.23 Million |
| 2023 | 2.80% | 4.07% | 0.58x | 1.19x | NT$-160.55 Million |
| 2024 | 10.16% | 13.16% | 0.67x | 1.16x | NT$3.67 Million |
Industry Comparison
This section compares Dynacolor's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,158,911,100
- Average return on equity (ROE) among peers: 8.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dynacolor (5489) | NT$2.25 Billion | 8.44% | 0.21x | $20.67 Million |
| Lung Hwa Electronics Co Ltd (2424) | $317.59 Million | -9.51% | 0.16x | $12.91 Million |
| Merry Electronics Co Ltd (2439) | $2.17 Billion | 16.03% | 0.57x | $570.30 Million |
| Taiwan Line Tek Electronic Co Ltd (2462) | $2.55 Billion | 0.44% | 0.92x | $64.46 Million |
| Meiloon Industrial Co Ltd (2477) | $4.80 Billion | 22.79% | 0.42x | $54.24 Million |
| Hanpin Electron Co Ltd (2488) | $1.90 Billion | 9.99% | 0.94x | $79.48 Million |
| Action Electronics Co Ltd (3024) | $3.55 Billion | 18.90% | 1.15x | $69.35 Million |
| Global View Co Ltd (3040) | $1.93 Billion | 36.06% | 0.07x | $52.08 Million |
| U-Tech Media Corp (3050) | $2.71 Billion | 2.67% | 0.85x | $41.27 Million |
| Phonic Corporation (3067) | $158.28 Million | -14.71% | 0.12x | $5.31K |
| Powertech Industrial Co Ltd (3296) | $1.49 Billion | 1.74% | 0.47x | $37.37 Million |