Powertip Technology Corporation
Powertip Technology Corporation manufactures, processes, and trades in various types of LCD display modules in Taiwan, the United States, Germany, Sweden, and internationally. The company offers small to mid-size full-color TFT and monochrome displays, resistive touch panels, embedded solutions, full viewing angle displays, and TFT with projected capacitive touch panels, as well as graphic and ch… Read more
Powertip Technology Corporation (6167) - Net Assets
Latest net assets as of September 2025: NT$1.67 Billion TWD
Based on the latest financial reports, Powertip Technology Corporation (6167) has net assets worth NT$1.67 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$2.18 Billion) and total liabilities (NT$508.68 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$1.67 Billion |
| % of Total Assets | 76.64% |
| Annual Growth Rate | 5.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.27 |
Powertip Technology Corporation - Net Assets Trend (2021–2024)
This chart illustrates how Powertip 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 Powertip Technology Corporation (2021–2024)
The table below shows the annual net assets of Powertip Technology Corporation from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.82 Billion | -2.39% |
| 2023-12-31 | NT$1.86 Billion | +3.97% |
| 2022-12-31 | NT$1.79 Billion | +15.20% |
| 2021-12-31 | NT$1.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Powertip 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 166.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$110.04 Million | 6.06% |
| Other Components | NT$1.71 Billion | 93.94% |
| Total Equity | NT$1.82 Billion | 100.00% |
Powertip Technology Corporation Competitors by Market Cap
The table below lists competitors of Powertip Technology Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SIM Technology Group Limited
PINK:SIMTF
|
$42.70 Million |
|
Tamilnadu PetroProducts Limited
NSE:TNPETRO
|
$42.70 Million |
|
Harboes Bryggeri A/S
CO:HARB-B
|
$42.72 Million |
|
Battery Future Acquisition Corp
NYSE:BFAC
|
$42.72 Million |
|
Ifishdeco PT
JK:IFSH
|
$42.70 Million |
|
Kristal Kola ve Mesrubat Sanayi Ticaret AS
IS:KRSTL
|
$42.70 Million |
|
Yamaya Corporation
F:WY2
|
$42.68 Million |
|
Ice Make Refrigeration Limited
NSE:ICEMAKE
|
$42.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Powertip Technology Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,861,676,000 to 1,817,189,000, a change of -44,487,000 (-2.4%).
- Net income of 3,311,000 contributed positively to equity growth.
- Dividend payments of 81,086,000 reduced retained earnings.
- Other factors increased equity by 33,288,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.31 Million | +0.18% |
| Dividends Paid | NT$81.09 Million | -4.46% |
| Other Changes | NT$33.29 Million | +1.83% |
| Total Change | NT$- | -2.39% |
Book Value vs Market Value Analysis
This analysis compares Powertip 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: 1.18x
- 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 1.38x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$9.58 | NT$13.20 | x |
| 2022-12-31 | NT$11.04 | NT$13.20 | x |
| 2023-12-31 | NT$11.48 | NT$13.20 | x |
| 2024-12-31 | NT$11.21 | NT$13.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Powertip Technology Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.31%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.16x
- Recent ROE (0.18%) is below the historical average (7.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 5.20% | 4.31% | 0.88x | 1.37x | NT$-74.55 Million |
| 2022 | 13.91% | 11.56% | 0.92x | 1.31x | NT$69.97 Million |
| 2023 | 10.92% | 11.90% | 0.77x | 1.19x | NT$17.15 Million |
| 2024 | 0.18% | 0.31% | 0.51x | 1.16x | NT$-178.41 Million |
Industry Comparison
This section compares Powertip Technology Corporation'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 |
|---|---|---|---|---|
| Powertip Technology Corporation (6167) | NT$1.67 Billion | 5.20% | 0.30x | $42.70 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 |