Princeton Technology Corporation
Princeton Technology Corporation engages in the design, development, testing, and sale of consumer integrated circuits (ICs) in Taiwan, Japan, Mainland China, South Korea, and internationally. The company offers multimedia audio IC, including audio line driver, audio power amplifier, audio processor, digital-to-analog converter, echo processor, electronic volume controller, headphone driver, mult… Read more
Princeton Technology Corporation (6129) - Net Assets
Latest net assets as of June 2024: NT$2.14 Billion TWD
Based on the latest financial reports, Princeton Technology Corporation (6129) has net assets worth NT$2.14 Billion TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.45 Billion) and total liabilities (NT$305.13 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$2.14 Billion |
| % of Total Assets | 87.53% |
| Annual Growth Rate | 5.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.35 |
Princeton Technology Corporation - Net Assets Trend (2019–2022)
This chart illustrates how Princeton Technology Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Princeton Technology Corporation (2019–2022)
The table below shows the annual net assets of Princeton Technology Corporation from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | NT$2.23 Billion | +12.27% |
| 2021-12-31 | NT$1.98 Billion | +8.78% |
| 2020-12-31 | NT$1.82 Billion | -4.77% |
| 2019-12-31 | NT$1.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Princeton Technology Corporation'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 42287800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$172.95 Million | 8.39% |
| Common Stock | NT$1.81 Billion | 87.79% |
| Other Components | NT$78.73 Million | 3.82% |
| Total Equity | NT$2.06 Billion | 100.00% |
Princeton Technology Corporation Competitors by Market Cap
The table below lists competitors of Princeton Technology Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADF Group Inc
PINK:ADFJF
|
$70.84 Million |
|
Petrovietnam Low Pressure Gas Distribution JSC
VN:PGD
|
$70.84 Million |
|
Daewon Cable Co. Ltd. Preference Shares
KO:006345
|
$70.84 Million |
|
Dafeng TV Ltd
TW:6184
|
$70.87 Million |
|
Westbury Bancorp Inc
PINK:WBBW
|
$70.80 Million |
|
Icelandic Salmon As
OL:ISLAX
|
$70.73 Million |
|
Lakeshore Acquisition III Corp. Ordinary Shares
NASDAQ:LCCC
|
$70.73 Million |
|
Fifth District Bancorp, Inc. Common Stock
NASDAQ:FDSB
|
$70.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Princeton Technology Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,834,422,000 to 2,061,111,000, a change of 226,689,000 (12.4%).
- Net income of 167,891,000 contributed positively to equity growth.
- Other factors increased equity by 58,798,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$167.89 Million | +8.15% |
| Other Changes | NT$58.80 Million | +2.85% |
| Total Change | NT$- | 12.36% |
Book Value vs Market Value Analysis
This analysis compares Princeton Technology Corporation'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: 1.30x
- 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 1.47x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$10.05 | NT$14.75 | x |
| 2020-12-31 | NT$9.48 | NT$14.75 | x |
| 2021-12-31 | NT$10.14 | NT$14.75 | x |
| 2022-12-31 | NT$11.33 | NT$14.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Princeton Technology Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.61%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.33x
- Recent ROE (8.15%) is above the historical average (1.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1.99% | -3.27% | 0.48x | 1.26x | NT$-218.16 Million |
| 2020 | -4.48% | -6.97% | 0.51x | 1.27x | NT$-248.25 Million |
| 2021 | 6.20% | 6.95% | 0.67x | 1.34x | NT$-69.63 Million |
| 2022 | 8.15% | 8.61% | 0.71x | 1.33x | NT$-38.22 Million |
Industry Comparison
This section compares Princeton Technology Corporation's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Princeton Technology Corporation (6129) | NT$2.14 Billion | -1.99% | 0.14x | $70.82 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |