Techzone Technology Materials Co., Ltd.
Techzone Technology Materials Co., Ltd. operates as an industrial waste treatment center in Taiwan. It engages in incineration treatment, waste heat recovery, and distillation recycling activities. The company was founded in 2012 and is based in Taoyuan City, Taiwan.
Techzone Technology Materials Co., Ltd. (6947) - Net Assets
Latest net assets as of June 2025: NT$2.14 Billion TWD
Based on the latest financial reports, Techzone Technology Materials Co., Ltd. (6947) has net assets worth NT$2.14 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$7.32 Billion) and total liabilities (NT$5.18 Billion). 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$2.14 Billion |
| % of Total Assets | 29.22% |
| Annual Growth Rate | 41.53% |
| 5-Year Change | 437.7% |
| 10-Year Change | N/A |
| Growth Volatility | 47.14 |
Techzone Technology Materials Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Techzone Technology Materials 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 Techzone Technology Materials Co., Ltd. (2019–2024)
The table below shows the annual net assets of Techzone Technology Materials Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.18 Billion | +32.71% |
| 2023-12-31 | NT$1.64 Billion | +6.60% |
| 2022-12-31 | NT$1.54 Billion | +63.51% |
| 2021-12-31 | NT$943.30 Million | +132.44% |
| 2020-12-31 | NT$405.82 Million | +5.67% |
| 2019-12-31 | NT$384.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Techzone Technology Materials 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 42839600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$412.44 Million | 18.90% |
| Common Stock | NT$943.33 Million | 43.23% |
| Other Comprehensive Income | NT$49.67 Million | 2.28% |
| Other Components | NT$776.67 Million | 35.59% |
| Total Equity | NT$2.18 Billion | 100.00% |
Techzone Technology Materials Co., Ltd. Competitors by Market Cap
The table below lists competitors of Techzone Technology Materials Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hannong Chem
KO:011500
|
$114.90 Million |
|
AC IMMUNE SA SF-02
F:IMR
|
$114.95 Million |
|
YFC-BonEagle Electric Co Ltd
TWO:6220
|
$114.95 Million |
|
SolGold Plc
PINK:SLGGF
|
$114.97 Million |
|
Advantage Solutions Inc
NASDAQ:ADV
|
$114.90 Million |
|
Roadrunner Transportation Systems Inc
PINK:RRTS
|
$114.88 Million |
|
First Northern Community Bancorp
OTCQX:FNRN
|
$114.87 Million |
|
Saha-Union Public Company Limited
BK:SUC
|
$114.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Techzone Technology Materials Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,644,225,000 to 2,182,114,000, a change of 537,889,000 (32.7%).
- Net income of 89,772,000 contributed positively to equity growth.
- Dividend payments of 51,883,000 reduced retained earnings.
- New share issuances of 500,000,000 increased equity.
- Other comprehensive income increased equity by 14,311,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$89.77 Million | +4.11% |
| Dividends Paid | NT$51.88 Million | -2.38% |
| Share Issuances | NT$500.00 Million | +22.91% |
| Other Comprehensive Income | NT$14.31 Million | +0.66% |
| Other Changes | NT$-14.31 Million | -0.66% |
| Total Change | NT$- | 32.71% |
Book Value vs Market Value Analysis
This analysis compares Techzone Technology Materials 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: 3.35x
- 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 17.56x to 3.35x 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$4.48 | NT$78.60 | x |
| 2020-12-31 | NT$4.73 | NT$78.60 | x |
| 2021-12-31 | NT$14.16 | NT$78.60 | x |
| 2022-12-31 | NT$19.48 | NT$78.60 | x |
| 2023-12-31 | NT$19.07 | NT$78.60 | x |
| 2024-12-31 | NT$23.49 | NT$78.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Techzone Technology Materials 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): 4.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.13%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.96x
- Recent ROE (4.11%) is below the historical average (9.60%), 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 | 10.37% | 14.63% | 0.27x | 2.62x | NT$1.41 Million |
| 2020 | 5.37% | 5.85% | 0.36x | 2.58x | NT$-18.81 Million |
| 2021 | 16.69% | 29.13% | 0.36x | 1.59x | NT$63.15 Million |
| 2022 | 12.34% | 31.34% | 0.28x | 1.42x | NT$36.06 Million |
| 2023 | 8.70% | 20.61% | 0.15x | 2.82x | NT$-21.32 Million |
| 2024 | 4.11% | 11.13% | 0.12x | 2.96x | NT$-128.44 Million |
Industry Comparison
This section compares Techzone Technology Materials Co., Ltd.'s net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $1,679,235,091
- Average return on equity (ROE) among peers: 11.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techzone Technology Materials Co., Ltd. (6947) | NT$2.14 Billion | 10.37% | 2.42x | $114.90 Million |
| Taiwan Steel Union Co Ltd (6581) | $1.94 Billion | 23.47% | 0.36x | $53.37 Million |
| Ever-Clear Environmental Eng. Corp. (6624) | $298.39 Million | 0.25% | 1.76x | $22.57 Million |
| Ping Ho Environmental Technology Co., Ltd. (6771) | $716.46 Million | 21.18% | 0.81x | $30.81 Million |
| ECOVE Environment Corp (6803) | $5.23 Billion | 14.55% | 0.35x | $304.13 Million |
| Chyunn Environment Corporation (6911) | $537.93 Million | 8.22% | 0.52x | $9.39K |
| Chin Hsin Environ Engineering Co., Ltd. (6951) | $652.57 Million | 16.02% | 0.68x | $37.59 Million |
| Enrestec Inc. (7507) | $812.37 Million | -7.49% | 0.42x | $38.15 Million |
| Revivegen Co., Ltd. (7578) | $2.48 Billion | 1.55% | 1.59x | $29.43 Million |
| Sunny Friend Environmental Technology Co Ltd (8341) | $2.44 Billion | 25.10% | 0.41x | $168.01 Million |