Powertip Image Corp
Powertip Image Corp, together with its subsidiaries, manufactures and sells electronic components and optical instruments in Mainland China, Taiwan, and internationally. It offers cellphone and NB lenses; and other products, such as optical touch panels, LED illuminations, and optical fiber lenses, as well as camera phone module, PC and web camera lenses. The company was founded in 2003 and is he… Read more
Powertip Image Corp (6498) - Net Assets
Latest net assets as of September 2025: NT$1.43 Billion TWD
Based on the latest financial reports, Powertip Image Corp (6498) has net assets worth NT$1.43 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$2.22 Billion) and total liabilities (NT$786.11 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$1.43 Billion |
| % of Total Assets | 64.58% |
| Annual Growth Rate | 24.87% |
| 5-Year Change | 121.53% |
| 10-Year Change | N/A |
| Growth Volatility | 6.53 |
Powertip Image Corp - Net Assets Trend (2019–2024)
This chart illustrates how Powertip Image Corp'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 Image Corp (2019–2024)
The table below shows the annual net assets of Powertip Image Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$958.84 Million | +18.05% |
| 2023-12-31 | NT$812.26 Million | +21.84% |
| 2022-12-31 | NT$666.67 Million | +22.21% |
| 2021-12-31 | NT$545.51 Million | +26.03% |
| 2020-12-31 | NT$432.83 Million | +37.09% |
| 2019-12-31 | NT$315.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Powertip Image Corp'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 1268.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$448.66 Million | 46.79% |
| Common Stock | NT$411.43 Million | 42.91% |
| Other Comprehensive Income | NT$94.08 Million | 9.81% |
| Other Components | NT$4.67 Million | 0.49% |
| Total Equity | NT$958.84 Million | 100.00% |
Powertip Image Corp Competitors by Market Cap
The table below lists competitors of Powertip Image Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dohwa Engin
KO:002150
|
$63.30 Million |
|
Amex Exploration Inc
OTCQX:AMXEF
|
$63.32 Million |
|
HF FOODS GRP INC.DL-0001
F:3GX
|
$63.33 Million |
|
Sungdo Engineering & Construction Co. Ltd
KQ:037350
|
$63.33 Million |
|
High Tech Pharm Co. Ltd
KQ:106190
|
$63.29 Million |
|
DAM CAPITAL ADVISORS LTD
NSE:DAMCAPITAL
|
$63.29 Million |
|
AME REIT
KLSE:5307
|
$63.29 Million |
|
Silver47 Exploration Corp.
OTCQB:AAGAF
|
$63.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Powertip Image Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 812,262,000 to 958,838,000, a change of 146,576,000 (18.0%).
- Net income of 228,672,000 contributed positively to equity growth.
- Dividend payments of 102,405,000 reduced retained earnings.
- New share issuances of 1,810,000 increased equity.
- Other comprehensive income increased equity by 94,078,000.
- Other factors decreased equity by 75,579,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$228.67 Million | +23.85% |
| Dividends Paid | NT$102.41 Million | -10.68% |
| Share Issuances | NT$1.81 Million | +0.19% |
| Other Comprehensive Income | NT$94.08 Million | +9.81% |
| Other Changes | NT$-75.58 Million | -7.88% |
| Total Change | NT$- | 18.05% |
Book Value vs Market Value Analysis
This analysis compares Powertip Image Corp'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: 4.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.73x to 4.01x 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$7.82 | NT$91.70 | x |
| 2020-12-31 | NT$10.43 | NT$91.70 | x |
| 2021-12-31 | NT$12.94 | NT$91.70 | x |
| 2022-12-31 | NT$15.80 | NT$91.70 | x |
| 2023-12-31 | NT$19.35 | NT$91.70 | x |
| 2024-12-31 | NT$22.84 | NT$91.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Powertip Image Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.16%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.71x
- Recent ROE (23.85%) is above the historical average (22.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 7.23% | 5.85% | 0.78x | 1.59x | NT$-8.73 Million |
| 2020 | 26.01% | 14.25% | 1.04x | 1.76x | NT$69.29 Million |
| 2021 | 26.18% | 16.99% | 0.91x | 1.69x | NT$88.24 Million |
| 2022 | 22.12% | 21.75% | 0.64x | 1.59x | NT$80.80 Million |
| 2023 | 31.01% | 28.56% | 0.68x | 1.61x | NT$170.69 Million |
| 2024 | 23.85% | 22.16% | 0.63x | 1.71x | NT$132.79 Million |
Industry Comparison
This section compares Powertip Image Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $187,867,240,100
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Powertip Image Corp (6498) | NT$1.43 Billion | 7.23% | 0.55x | $63.30 Million |
| Syncmold Enterprise Corp (1582) | $4.29 Billion | 16.99% | 0.69x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.39 Billion | 0.00% | 0.90x | $1.40 Billion |
| Delta Electronics Inc (2308) | $325.39 Billion | 20.88% | 0.97x | $80.57 Billion |
| Compeq Manufacturing Co Ltd (2313) | $14.23 Billion | 2.16% | 1.01x | $6.72 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $76.45 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $561.22 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $460.73 Million |
| Solomon Technology Corp (2359) | $5.33 Billion | 8.60% | 0.59x | $417.90 Million |
| Unitech Printed Circuit Board Corp (2367) | $8.30 Billion | -8.42% | 1.39x | $1.40 Billion |
| Gold Circuit Electronics Ltd (2368) | $7.17 Billion | 1.81% | 1.92x | $8.82 Billion |