T-Conn Precision Corporation
T-Conn Precision Corporation engages in the engages in the production and sales of electronic connectors. T-Conn Precision Corporation was founded in 2002 and is based in New Taipei City, Taiwan.
T-Conn Precision Corporation (6833) - Net Assets
Latest net assets as of June 2025: NT$300.76 Million TWD
Based on the latest financial reports, T-Conn Precision Corporation (6833) has net assets worth NT$300.76 Million 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$1.20 Billion) and total liabilities (NT$903.64 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$300.76 Million |
| % of Total Assets | 24.97% |
| Annual Growth Rate | -1.84% |
| 5-Year Change | -36.17% |
| 10-Year Change | N/A |
| Growth Volatility | 34.21 |
T-Conn Precision Corporation - Net Assets Trend (2019–2024)
This chart illustrates how T-Conn Precision Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for T-Conn Precision Corporation (2019–2024)
The table below shows the annual net assets of T-Conn Precision Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$357.60 Million | -3.07% |
| 2023-12-31 | NT$368.92 Million | -52.12% |
| 2022-12-31 | NT$770.46 Million | -0.15% |
| 2021-12-31 | NT$771.60 Million | +37.72% |
| 2020-12-31 | NT$560.26 Million | +42.79% |
| 2019-12-31 | NT$392.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to T-Conn Precision Corporation'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 258.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$499.77 Million | 139.76% |
| Other Comprehensive Income | NT$-26.29 Million | -7.35% |
| Total Equity | NT$357.60 Million | 100.00% |
T-Conn Precision Corporation Competitors by Market Cap
The table below lists competitors of T-Conn Precision Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COMTEC SOLAR SYS HD -004
F:8C11
|
$6.56 Million |
|
NamSys Inc
PINK:NMYSF
|
$6.56 Million |
|
WIN Metals Ltd
AU:WIN
|
$6.56 Million |
|
Esotiq & Henderson S.A.
WAR:EAH
|
$6.56 Million |
|
Precipitate Gold Corp
OTCQB:PREIF
|
$6.56 Million |
|
Baan Rock Garden Public Company Limited
BK:BROCK
|
$6.55 Million |
|
Supra Boga Lestari Tbk
JK:RANC
|
$6.55 Million |
|
TWIM Corp.
KQ:290090
|
$6.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in T-Conn Precision Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 368,917,000 to 357,595,000, a change of -11,322,000 (-3.1%).
- Net loss of 22,508,000 reduced equity.
- Other comprehensive income increased equity by 11,186,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-22.51 Million | -6.29% |
| Other Comprehensive Income | NT$11.19 Million | +3.13% |
| Total Change | NT$- | -3.07% |
Book Value vs Market Value Analysis
This analysis compares T-Conn Precision Corporation'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: 3.03x
- 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 increased from 1.77x to 3.03x 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$12.29 | NT$21.70 | x |
| 2020-12-31 | NT$14.56 | NT$21.70 | x |
| 2021-12-31 | NT$18.99 | NT$21.70 | x |
| 2022-12-31 | NT$19.71 | NT$21.70 | x |
| 2023-12-31 | NT$9.15 | NT$21.70 | x |
| 2024-12-31 | NT$7.16 | NT$21.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently T-Conn Precision Corporation 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): -6.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.50%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 3.69x
- Recent ROE (-6.29%) is above the historical average (-12.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.57% | 5.81% | 1.29x | 2.21x | NT$25.78 Million |
| 2020 | 31.63% | 14.60% | 0.71x | 3.03x | NT$121.16 Million |
| 2021 | 31.10% | 16.38% | 0.82x | 2.32x | NT$162.83 Million |
| 2022 | 15.75% | 9.20% | 0.71x | 2.41x | NT$44.30 Million |
| 2023 | -163.63% | -56.65% | 0.69x | 4.19x | NT$-640.57 Million |
| 2024 | -6.29% | -2.50% | 0.68x | 3.69x | NT$-58.27 Million |
Industry Comparison
This section compares T-Conn Precision Corporation's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| T-Conn Precision Corporation (6833) | NT$300.76 Million | 16.57% | 3.00x | $6.56 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |