Mutual-Tek Industries Co., Ltd.
Mutual-Tek Industries Co., Ltd. engages in the design, production, and sale of PCBs in Taiwan. It offers multi-layer soft and hard boards for camera modules, wearable devices, and medical applications; thin circuit boards for substrate products; ultra-thin hard board for NB CAM application; and car board for automotive applications. The company also provides multi-layer soft and hard boards for I… Read more
Mutual-Tek Industries Co., Ltd. (6407) - Net Assets
Latest net assets as of June 2025: NT$1.21 Billion TWD
Based on the latest financial reports, Mutual-Tek Industries Co., Ltd. (6407) has net assets worth NT$1.21 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$2.76 Billion) and total liabilities (NT$1.56 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$1.21 Billion |
| % of Total Assets | 43.68% |
| Annual Growth Rate | -1.51% |
| 5-Year Change | 5.05% |
| 10-Year Change | N/A |
| Growth Volatility | 7.36 |
Mutual-Tek Industries Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Mutual-Tek Industries 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 Mutual-Tek Industries Co., Ltd. (2019–2024)
The table below shows the annual net assets of Mutual-Tek Industries Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.38 Billion | +5.78% |
| 2023-12-31 | NT$1.30 Billion | -4.60% |
| 2022-12-31 | NT$1.37 Billion | -3.90% |
| 2021-12-31 | NT$1.42 Billion | +8.32% |
| 2020-12-31 | NT$1.31 Billion | -11.80% |
| 2019-12-31 | NT$1.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mutual-Tek Industries 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 decreased by 77.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$170.36 Million | 12.36% |
| Common Stock | NT$751.30 Million | 54.49% |
| Other Comprehensive Income | NT$-1.28 Million | -0.09% |
| Other Components | NT$458.31 Million | 33.24% |
| Total Equity | NT$1.38 Billion | 100.00% |
Mutual-Tek Industries Co., Ltd. Competitors by Market Cap
The table below lists competitors of Mutual-Tek Industries Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shangri La Hotels Malaysia Bhd
KLSE:5517
|
$32.47 Million |
|
Changhae Ethanol Co. Ltd
KQ:004650
|
$32.47 Million |
|
Scynexis Inc
NASDAQ:SCYX
|
$32.48 Million |
|
Pinar Entegre Et ve Un Sanayi AS
IS:PETUN
|
$32.48 Million |
|
Ouro Fino Saúde Animal Participações S.A
SA:OFSA3
|
$32.46 Million |
|
ALLERGY THER. PLC LS-001
F:HHU
|
$32.46 Million |
|
Cellumed Co. Ltd
KQ:049180
|
$32.46 Million |
|
Romerike Sparebank
OL:ROMER
|
$32.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mutual-Tek Industries Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,303,380,000 to 1,378,697,000, a change of 75,317,000 (5.8%).
- Net income of 100,047,000 contributed positively to equity growth.
- Dividend payments of 75,131,000 reduced retained earnings.
- Other comprehensive income decreased equity by 170,044,000.
- Other factors increased equity by 220,445,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$100.05 Million | +7.26% |
| Dividends Paid | NT$75.13 Million | -5.45% |
| Other Comprehensive Income | NT$-170.04 Million | -12.33% |
| Other Changes | NT$220.44 Million | +15.99% |
| Total Change | NT$- | 5.78% |
Book Value vs Market Value Analysis
This analysis compares Mutual-Tek Industries 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: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.86x to 1.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$21.34 | NT$18.30 | x |
| 2020-12-31 | NT$16.52 | NT$18.30 | x |
| 2021-12-31 | NT$17.93 | NT$18.30 | x |
| 2022-12-31 | NT$18.13 | NT$18.30 | x |
| 2023-12-31 | NT$17.33 | NT$18.30 | x |
| 2024-12-31 | NT$18.30 | NT$18.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mutual-Tek Industries 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): 7.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.50%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 2.13x
- Recent ROE (7.26%) is above the historical average (1.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 20.57% | 6.86% | 0.88x | 3.43x | NT$157.22 Million |
| 2020 | -34.92% | -18.04% | 0.72x | 2.70x | NT$-589.50 Million |
| 2021 | 14.54% | 12.61% | 0.65x | 1.78x | NT$64.60 Million |
| 2022 | 1.58% | 1.13% | 0.87x | 1.61x | NT$-115.06 Million |
| 2023 | 2.19% | 1.42% | 0.76x | 2.02x | NT$-101.78 Million |
| 2024 | 7.26% | 3.50% | 0.97x | 2.13x | NT$-37.82 Million |
Industry Comparison
This section compares Mutual-Tek Industries 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 |
|---|---|---|---|---|
| Mutual-Tek Industries Co., Ltd. (6407) | NT$1.21 Billion | 20.57% | 1.29x | $32.46 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 |