Wonderful Hi-Tech Co Ltd
Wonderful Hi-tech Co., Ltd. manufactures, purchases, sells, and imports/exports various wires and cable in Taiwan, China, Hong Kong, Thailand, Vietnam, and the United States. It also manufactures and sells a range of furniture and electronic equipment. The company was founded in 1978 and is based in Taoyuan City, Taiwan.
Wonderful Hi-Tech Co Ltd (6190) - Net Assets
Latest net assets as of September 2025: NT$4.06 Billion TWD
Based on the latest financial reports, Wonderful Hi-Tech Co Ltd (6190) has net assets worth NT$4.06 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$7.56 Billion) and total liabilities (NT$3.50 Billion). 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$4.06 Billion |
| % of Total Assets | 53.72% |
| Annual Growth Rate | 9.91% |
| 5-Year Change | 82.26% |
| 10-Year Change | N/A |
| Growth Volatility | 10.92 |
Wonderful Hi-Tech Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Wonderful Hi-Tech 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 Wonderful Hi-Tech Co Ltd (2015–2024)
The table below shows the annual net assets of Wonderful Hi-Tech Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.56 Billion | +21.54% |
| 2023-12-31 | NT$2.93 Billion | -3.44% |
| 2022-12-31 | NT$3.03 Billion | +23.43% |
| 2021-12-31 | NT$2.46 Billion | +25.82% |
| 2020-12-31 | NT$1.95 Billion | -3.03% |
| 2019-12-31 | NT$2.01 Billion | -2.00% |
| 2018-12-31 | NT$2.06 Billion | +13.85% |
| 2017-12-31 | NT$1.81 Billion | +8.76% |
| 2016-12-31 | NT$1.66 Billion | +9.18% |
| 2015-12-31 | NT$1.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wonderful Hi-Tech 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 1079.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$558.48 Million | 18.23% |
| Other Components | NT$2.51 Billion | 81.77% |
| Total Equity | NT$3.06 Billion | 100.00% |
Wonderful Hi-Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Wonderful Hi-Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Aokang Shoes Co Ltd
SHG:603001
|
$215.04 Million |
|
Vietnam Airlines JSC
VN:HVN
|
$215.09 Million |
|
Nantong Acetic Acid Chemical Co Ltd
SHG:603968
|
$215.11 Million |
|
Legacy Housing Corp
NASDAQ:LEGH
|
$215.20 Million |
|
Shanghai Supezet Engineering Technology Corp Ltd
SHG:688121
|
$214.86 Million |
|
M1 Kliniken AG
PINK:MKLNF
|
$214.81 Million |
|
Dogwood State Bank
OTCQX:DSBX
|
$214.75 Million |
|
Sitios Latinoamérica S.A.B. de C.V.
PINK:SLAAF
|
$214.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wonderful Hi-Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,522,540,000 to 3,064,346,000, a change of 541,806,000 (21.5%).
- Net income of 358,077,000 contributed positively to equity growth.
- Dividend payments of 185,013,000 reduced retained earnings.
- New share issuances of 66,999,000 increased equity.
- Other comprehensive income decreased equity by 279,390,000.
- Other factors increased equity by 581,133,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$358.08 Million | +11.69% |
| Dividends Paid | NT$185.01 Million | -6.04% |
| Share Issuances | NT$67.00 Million | +2.19% |
| Other Comprehensive Income | NT$-279.39 Million | -9.12% |
| Other Changes | NT$581.13 Million | +18.96% |
| Total Change | NT$- | 21.48% |
Book Value vs Market Value Analysis
This analysis compares Wonderful Hi-Tech 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: 2.63x
- 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 5.01x to 2.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$10.03 | NT$50.30 | x |
| 2017-12-31 | NT$11.08 | NT$50.30 | x |
| 2018-12-31 | NT$12.60 | NT$50.30 | x |
| 2019-12-31 | NT$11.83 | NT$50.30 | x |
| 2020-12-31 | NT$11.88 | NT$50.30 | x |
| 2021-12-31 | NT$15.30 | NT$50.30 | x |
| 2022-12-31 | NT$16.92 | NT$50.30 | x |
| 2023-12-31 | NT$14.29 | NT$50.30 | x |
| 2024-12-31 | NT$19.15 | NT$50.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wonderful Hi-Tech Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.69%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.40%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 2.24x
- Recent ROE (11.69%) is above the historical average (9.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -2.43% | -0.77% | 1.21x | 2.60x | NT$-157.44 Million |
| 2016 | 8.56% | 3.03% | 1.11x | 2.53x | NT$-20.10 Million |
| 2017 | 7.96% | 2.80% | 1.07x | 2.66x | NT$-31.16 Million |
| 2018 | 11.06% | 3.78% | 1.21x | 2.42x | NT$18.11 Million |
| 2019 | 8.89% | 3.00% | 1.19x | 2.50x | NT$-18.35 Million |
| 2020 | 8.58% | 2.88% | 1.01x | 2.94x | NT$-22.85 Million |
| 2021 | 10.72% | 2.98% | 1.17x | 3.08x | NT$15.18 Million |
| 2022 | 17.90% | 5.16% | 1.43x | 2.42x | NT$205.57 Million |
| 2023 | 8.90% | 3.44% | 1.16x | 2.23x | NT$-27.84 Million |
| 2024 | 11.69% | 4.40% | 1.18x | 2.24x | NT$51.64 Million |
Industry Comparison
This section compares Wonderful Hi-Tech Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,087,269,200
- Average return on equity (ROE) among peers: -4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wonderful Hi-Tech Co Ltd (6190) | NT$4.06 Billion | -2.43% | 0.86x | $214.94 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $36.51 Million |
| Tecom Co Ltd (2321) | $530.15 Million | -16.22% | 4.00x | $4.22 Million |
| D-Link Corp (2332) | $13.60 Billion | 4.76% | 0.80x | $217.00 Million |
| Accton Technology Corp (2345) | $6.43 Billion | -9.64% | 0.97x | $22.08 Billion |
| Hitron Technologies Inc (2419) | $1.72 Billion | 0.29% | 1.37x | $106.12 Million |
| Abocom Systems Inc (2444) | $1.08 Billion | 1.09% | 1.04x | $38.22 Million |
| Zinwell Corporation (2485) | $6.81 Billion | 0.46% | 0.24x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $665.75 Million | 0.00% | 0.74x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $2.57 Billion | 5.51% | 0.79x | $96.92 Million |
| CyberTAN Technology Inc (3062) | $5.01 Billion | 1.39% | 0.48x | $227.43 Million |