Information Technology Total Services Co. Ltd
Information Technology Total Services Co., Ltd provides applications and services of the information technology outsourcing (ITO), business process outsourcing (BPO), and innovative applications and services of the Internet of Things (IoT) services in China. The company engages in envelope production and paper trading business; postal data consolidation and bill printing outsourcing; customer rel… Read more
Information Technology Total Services Co. Ltd (6697) - Net Assets
Latest net assets as of June 2024: NT$563.16 Million TWD
Based on the latest financial reports, Information Technology Total Services Co. Ltd (6697) has net assets worth NT$563.16 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$950.91 Million) and total liabilities (NT$387.75 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$563.16 Million |
| % of Total Assets | 59.22% |
| Annual Growth Rate | 2.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.64 |
Information Technology Total Services Co. Ltd - Net Assets Trend (2019–2023)
This chart illustrates how Information Technology Total Services 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 Information Technology Total Services Co. Ltd (2019–2023)
The table below shows the annual net assets of Information Technology Total Services Co. Ltd from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$583.43 Million | +5.39% |
| 2022-12-31 | NT$553.58 Million | +1.07% |
| 2021-12-31 | NT$547.69 Million | +3.14% |
| 2020-12-31 | NT$531.02 Million | +1.83% |
| 2019-12-31 | NT$521.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Information Technology Total Services 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 58.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$98.79 Million | 16.93% |
| Common Stock | NT$273.23 Million | 46.83% |
| Other Components | NT$211.41 Million | 36.23% |
| Total Equity | NT$583.43 Million | 100.00% |
Information Technology Total Services Co. Ltd Competitors by Market Cap
The table below lists competitors of Information Technology Total Services Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lohakit Metal Public Company Limited
BK:LHK
|
$15.23 Million |
|
FoundPac Group Bhd
KLSE:5277
|
$15.24 Million |
|
Wolftank Group AG
XETRA:WAH
|
$15.24 Million |
|
Ferronordic AB (publ)
ST:FNM
|
$15.24 Million |
|
YBM Net Inc
KQ:057030
|
$15.23 Million |
|
Lung Ming Green Energy Technology Engineering Co Ltd
TW:3018
|
$15.23 Million |
|
MAXST Co Ltd
KQ:377030
|
$15.22 Million |
|
My Chau Printing & Packaging Holdings Co
VN:MCP
|
$15.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Information Technology Total Services Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 553,578,000 to 583,433,000, a change of 29,855,000 (5.4%).
- Net income of 74,163,000 contributed positively to equity growth.
- Dividend payments of 43,717,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$74.16 Million | +12.71% |
| Dividends Paid | NT$43.72 Million | -7.49% |
| Other Changes | NT$-591.00K | -0.1% |
| Total Change | NT$- | 5.39% |
Book Value vs Market Value Analysis
This analysis compares Information Technology Total Services 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: 2.12x
- 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 2.36x to 2.12x 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$19.09 | NT$45.00 | x |
| 2020-12-31 | NT$19.30 | NT$45.00 | x |
| 2021-12-31 | NT$19.89 | NT$45.00 | x |
| 2022-12-31 | NT$20.14 | NT$45.00 | x |
| 2023-12-31 | NT$21.23 | NT$45.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Information Technology Total Services 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): 12.71%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.52%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 1.73x
- Recent ROE (12.71%) is above the historical average (11.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 11.58% | 4.92% | 1.30x | 1.82x | NT$8.25 Million |
| 2020 | 12.39% | 5.35% | 1.30x | 1.78x | NT$12.68 Million |
| 2021 | 13.23% | 5.47% | 1.56x | 1.55x | NT$17.71 Million |
| 2022 | 10.05% | 4.18% | 1.50x | 1.60x | NT$283.20K |
| 2023 | 12.71% | 5.52% | 1.33x | 1.73x | NT$15.82 Million |
Industry Comparison
This section compares Information Technology Total Services Co. Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,345,205,556
- Average return on equity (ROE) among peers: 10.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Information Technology Total Services Co. Ltd (6697) | NT$563.16 Million | 11.58% | 0.69x | $15.23 Million |
| Kwong Fong Industries Corp (1416) | $5.18 Billion | 4.34% | 0.46x | $51.52 Million |
| Syscom Computer Engineering Co (2453) | $1.66 Billion | 4.41% | 0.94x | $99.66 Million |
| Fortune Information Systems Corp (2468) | $1.20 Billion | 5.30% | 0.80x | $42.41 Million |
| Jetwell Computer Co Ltd (3147) | $1.27 Billion | 22.59% | 1.36x | $118.85 Million |
| Wistron Information Technology & Services (4953) | $2.80 Billion | 19.80% | 0.63x | $177.78 Million |
| Sysage Technology Co Ltd (6112) | $2.24 Billion | 12.66% | 1.60x | $121.74 Million |
| Systex Corp (6214) | $13.81 Billion | 8.79% | 0.92x | $521.95 Million |
| Genesis Technology (6221) | $740.28 Million | 9.23% | 1.57x | $62.73 Million |
| International Integrated Systems, Inc. (6614) | $1.21 Billion | 10.21% | 2.16x | $34.40 Million |