Long Time Technology Co., Ltd.
Long Time Technology Co., Ltd. research, develops, manufactures, and sells lithium battery anode materials in Taiwan, China Japan, Thailand, and internationally. It offers natural and composite graphite; mesophase carbon microspheres; silicon anode; and soft carbon, as well as artificial particles. The company was founded in 2009 and is headquartered in New Taipei City, Taiwan.
Long Time Technology Co., Ltd. (6555) - Net Assets
Latest net assets as of June 2025: NT$1.99 Billion TWD
Based on the latest financial reports, Long Time Technology Co., Ltd. (6555) has net assets worth NT$1.99 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$2.61 Billion) and total liabilities (NT$623.68 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$1.99 Billion |
| % of Total Assets | 76.12% |
| Annual Growth Rate | -5.38% |
| 5-Year Change | -25.99% |
| 10-Year Change | N/A |
| Growth Volatility | 6.49 |
Long Time Technology Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Long Time Technology 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 Long Time Technology Co., Ltd. (2019–2024)
The table below shows the annual net assets of Long Time Technology Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.21 Billion | -14.26% |
| 2023-12-31 | NT$2.58 Billion | -11.11% |
| 2022-12-31 | NT$2.90 Billion | +0.37% |
| 2021-12-31 | NT$2.89 Billion | -3.25% |
| 2020-12-31 | NT$2.99 Billion | +2.44% |
| 2019-12-31 | NT$2.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Long Time Technology 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 73791800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.19 Billion | 53.95% |
| Other Comprehensive Income | NT$-20.75 Million | -0.94% |
| Other Components | NT$1.93 Billion | 87.34% |
| Total Equity | NT$2.21 Billion | 100.00% |
Long Time Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Long Time Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Technology & Telecommunication
NASDAQ:TETE
|
$32.52 Million |
|
Winsome Resources Limited
OTCQB:WRSLF
|
$32.53 Million |
|
Sat Industries Limited
NSE:SATINDLTD
|
$32.53 Million |
|
TAT HONG EQ.SRV. DL-08
F:1Q2
|
$32.56 Million |
|
Ayen Enerji AS
IS:AYEN
|
$32.51 Million |
|
Element 25 Limited
PINK:ELMTF
|
$32.51 Million |
|
Pixelworks Inc
NASDAQ:PXLW
|
$32.50 Million |
|
Ls Networks
KO:000680
|
$32.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Long Time Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,577,472,000 to 2,209,932,000, a change of -367,540,000 (-14.3%).
- Net loss of 394,783,000 reduced equity.
- Other comprehensive income increased equity by 27,243,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-394.78 Million | -17.86% |
| Other Comprehensive Income | NT$27.24 Million | +1.23% |
| Total Change | NT$- | -14.26% |
Book Value vs Market Value Analysis
This analysis compares Long Time Technology 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: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.89x to 1.18x 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$24.45 | NT$21.85 | x |
| 2020-12-31 | NT$25.04 | NT$21.85 | x |
| 2021-12-31 | NT$24.23 | NT$21.85 | x |
| 2022-12-31 | NT$24.32 | NT$21.85 | x |
| 2023-12-31 | NT$21.62 | NT$21.85 | x |
| 2024-12-31 | NT$18.53 | NT$21.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Long Time Technology Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -140.15%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.08x
- Recent ROE (-17.86%) is below the historical average (-5.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -2.99% | -15.33% | 0.18x | 1.11x | NT$-378.62 Million |
| 2020 | 1.78% | 10.52% | 0.15x | 1.11x | NT$-245.30 Million |
| 2021 | -3.10% | -13.23% | 0.20x | 1.17x | NT$-378.37 Million |
| 2022 | -0.12% | -0.34% | 0.32x | 1.10x | NT$-293.51 Million |
| 2023 | -11.69% | -76.59% | 0.14x | 1.07x | NT$-559.10 Million |
| 2024 | -17.86% | -140.15% | 0.12x | 1.08x | NT$-615.78 Million |
Industry Comparison
This section compares Long Time Technology Co., Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $54,327,371,400
- Average return on equity (ROE) among peers: 3.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Long Time Technology Co., Ltd. (6555) | NT$1.99 Billion | -2.99% | 0.31x | $32.52 Million |
| Formosa Plastics Corp (1301) | $150.46 Billion | 22.06% | 0.63x | $5.93 Billion |
| Nan Ya Plastics Corp (1303) | $263.60 Billion | 18.02% | 0.64x | $13.47 Billion |
| USI Corp (1304) | $19.91 Billion | 0.37% | 1.14x | $220.01 Million |
| China General Plastics Corp (1305) | $4.97 Billion | 0.94% | 1.40x | $160.91 Million |
| Asia Polymer Corp (1308) | $14.22 Billion | 10.18% | 0.15x | $155.31 Million |
| Taita Chemical Co Ltd (1309) | $3.38 Billion | 2.00% | 1.73x | $112.55 Million |
| China Petrochemical Development Corp (1314) | $67.19 Billion | 2.59% | 0.44x | $904.74 Million |
| Ocean Plastics Co Ltd (1321) | $5.11 Billion | -2.49% | 0.71x | $169.45 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $5.79 Billion | -22.96% | 0.13x | $41.93 Million |
| Everlight Chemical Industrial Corp (1711) | $8.66 Billion | 0.99% | 0.49x | $317.86 Million |