Techcential International Ltd
Techcential International Ltd engages in the manufacture and sale of American wooden bedroom furniture products worldwide. The company offers five-piece bedroom furniture. It also engages in the manufacturing and sale wooden kitchen cabinets, furniture; fuel manufacturing, and rental equipment; procurement, processing and manufacturing of boards, rubber wood raw materials. Techcential Internation… Read more
Techcential International Ltd (6616) - Net Assets
Latest net assets as of September 2025: NT$422.82 Million TWD
Based on the latest financial reports, Techcential International Ltd (6616) has net assets worth NT$422.82 Million 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$742.00 Million) and total liabilities (NT$319.18 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$422.82 Million |
| % of Total Assets | 56.98% |
| Annual Growth Rate | 8.0% |
| 5-Year Change | 14.17% |
| 10-Year Change | N/A |
| Growth Volatility | 11.35 |
Techcential International Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Techcential International 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 Techcential International Ltd (2017–2024)
The table below shows the annual net assets of Techcential International Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$437.33 Million | +1.43% |
| 2023-12-31 | NT$431.19 Million | +1.41% |
| 2022-12-31 | NT$425.19 Million | +15.17% |
| 2021-12-31 | NT$369.18 Million | -3.62% |
| 2020-12-31 | NT$383.06 Million | -2.17% |
| 2019-12-31 | NT$391.56 Million | +20.71% |
| 2018-12-31 | NT$324.38 Million | +27.12% |
| 2017-12-31 | NT$255.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Techcential International 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 255.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$488.62 Million | 111.00% |
| Total Equity | NT$440.21 Million | 100.00% |
Techcential International Ltd Competitors by Market Cap
The table below lists competitors of Techcential International Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
White Energy Company Limited
PINK:WECFF
|
$4.94 Million |
|
Blackbird Critical Metals Corp
OTCQB:BBCMF
|
$4.94 Million |
|
AMEN Properties Inc
PINK:AMEN
|
$4.94 Million |
|
Sumeet Industries Limited
NSE:SUMEETINDS
|
$4.94 Million |
|
ViroGates A/S
CO:VIRO
|
$4.93 Million |
|
GROUNDS R.EST. NA O.N.
F:AMMN
|
$4.93 Million |
|
Paranapanema S.A
SA:PMAM3
|
$4.93 Million |
|
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret
IS:SMRTG
|
$4.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Techcential International Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 427,622,000 to 440,209,000, a change of 12,587,000 (2.9%).
- Net loss of 48,413,000 reduced equity.
- Other factors increased equity by 61,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-48.41 Million | -11.0% |
| Other Changes | NT$61.00 Million | +13.86% |
| Total Change | NT$- | 2.94% |
Book Value vs Market Value Analysis
This analysis compares Techcential International 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: 0.84x
- 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 decreased from 0.95x to 0.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$10.91 | NT$10.40 | x |
| 2018-12-31 | NT$12.31 | NT$10.40 | x |
| 2019-12-31 | NT$14.10 | NT$10.40 | x |
| 2020-12-31 | NT$11.40 | NT$10.40 | x |
| 2021-12-31 | NT$14.01 | NT$10.40 | x |
| 2022-12-31 | NT$11.39 | NT$10.40 | x |
| 2023-12-31 | NT$13.96 | NT$10.40 | x |
| 2024-12-31 | NT$12.41 | NT$10.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Techcential International 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): -11.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.16%
- • Asset Turnover: 1.56x
- • Equity Multiplier: 1.70x
- Recent ROE (-11.00%) is below the historical average (6.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 11.87% | 3.46% | 2.12x | 1.62x | NT$4.76 Million |
| 2018 | 11.46% | 3.42% | 1.75x | 1.92x | NT$4.73 Million |
| 2019 | 24.38% | 6.64% | 1.68x | 2.19x | NT$54.29 Million |
| 2020 | 16.64% | 4.87% | 1.31x | 2.62x | NT$24.50 Million |
| 2021 | -7.20% | -2.89% | 1.01x | 2.47x | NT$-61.69 Million |
| 2022 | 7.45% | 2.71% | 1.48x | 1.86x | NT$-10.67 Million |
| 2023 | -5.56% | -2.35% | 1.27x | 1.86x | NT$-66.54 Million |
| 2024 | -11.00% | -4.16% | 1.56x | 1.70x | NT$-92.43 Million |
Industry Comparison
This section compares Techcential International Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $6,453,089,600
- Average return on equity (ROE) among peers: 10.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techcential International Ltd (6616) | NT$422.82 Million | 11.87% | 0.75x | $4.94 Million |
| Zeng Hsing Industrial Co Ltd (1558) | $8.23 Billion | 5.97% | 0.53x | $159.60 Million |
| Sampo Corp (1604) | $7.48 Billion | 1.91% | 0.73x | $194.91 Million |
| China Electric Manufacturing Corp (1611) | $4.56 Billion | 1.75% | 0.29x | $96.73 Million |
| Taiwan Sanyo Electric Co Ltd (1614) | $5.17 Billion | 4.11% | 0.26x | $126.91 Million |
| Airmate Cayman International Co Ltd (1626) | $2.22 Billion | 22.35% | 2.06x | $26.74 Million |
| Hocheng Corp (1810) | $6.31 Billion | 3.21% | 0.80x | $119.59 Million |
| King Slide Works Co Ltd (2059) | $28.04 Billion | 35.08% | 0.25x | $5.64 Billion |
| Fortune Oriental Co Ltd (2491) | $724.35 Million | 5.40% | 1.92x | $24.92 Million |
| Bedding World Co., Ltd. (2938) | $492.43 Million | 17.07% | 2.01x | $3.06 Million |
| Ado Optronics (3516) | $1.30 Billion | 3.37% | 0.48x | $15.82 Million |