IBASE Technology (8050) - Net Assets

Latest as of March 2026: NT$7.63 Billion TWD ≈ $240.47 Million USD

Based on the latest financial reports, IBASE Technology (8050) has net assets worth NT$7.63 Billion TWD (≈ $240.47 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$12.50 Billion ≈ $393.72 Million USD) and total liabilities (NT$4.86 Billion ≈ $153.26 Million USD). 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. Check IBASE Technology strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$7.63 Billion
% of Total Assets	61.08%
Annual Growth Rate	11.43%
5-Year Change	37.23%
10-Year Change	N/A
Growth Volatility	22.0

IBASE Technology - Net Assets Trend (2017–2025)

This chart illustrates how IBASE Technology's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 8050 stock market capitalisation.

Annual Net Assets for IBASE Technology (2017–2025)

The table below shows the annual net assets of IBASE Technology from 2017 to 2025. Also explore IBASE Technology (8050) equity growth momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	NT$7.98 Billion ≈ $251.45 Million	-7.24%
2024-12-31	NT$8.60 Billion ≈ $271.07 Million	-0.29%
2023-12-31	NT$8.63 Billion ≈ $271.85 Million	+16.47%
2022-12-31	NT$7.41 Billion ≈ $233.40 Million	+27.37%
2021-12-31	NT$5.82 Billion ≈ $183.24 Million	-1.13%
2020-12-31	NT$5.88 Billion ≈ $185.33 Million	+10.16%
2019-12-31	NT$5.34 Billion ≈ $168.23 Million	-3.05%
2018-12-31	NT$5.51 Billion ≈ $173.53 Million	+64.00%
2017-12-31	NT$3.36 Billion ≈ $105.81 Million	--

Equity Component Analysis

This analysis shows how different components contribute to IBASE Technology'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 7.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$1.56 Billion	21.60%
Other Components	NT$5.66 Billion	78.40%
Total Equity	NT$7.21 Billion	100.00%

IBASE Technology Competitors by Market Cap

The table below lists competitors of IBASE Technology ranked by their market capitalization.

Company	Market Cap
Clearfield Inc NASDAQ:CLFD	$384.15 Million
BHG Group AB (publ) ST:BHG	$384.42 Million
EGing Photovoltaic Technology Co Ltd SHG:600537	$384.54 Million
Qtone Education Group Guangdong Ltd SHE:300359	$384.61 Million
Guangdong Wanlima Industry Co Ltd SHE:300591	$384.08 Million
Citizens Financial Services Inc. Common Stock NASDAQ:CZFS	$384.07 Million
Xinjiang International Industry Co Ltd SHE:000159	$384.05 Million
Guangdong Dcenti Auto-Parts Stock Ltd Co SHG:603335	$384.05 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in IBASE Technology's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 7,662,975,000 to 7,214,505,000, a change of -448,470,000 (-5.9%).
Net income of 210,813,000 contributed positively to equity growth.
Dividend payments of 446,684,000 reduced retained earnings.
New share issuances of 38,290,000 increased equity.
Other factors decreased equity by 250,889,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$210.81 Million	+2.92%
Dividends Paid	NT$446.68 Million	-6.19%
Share Issuances	NT$38.29 Million	+0.53%
Other Changes	NT$-250.89 Million	-3.48%
Total Change	NT$-	-5.85%

Book Value vs Market Value Analysis

This analysis compares IBASE Technology'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: 1.69x
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 2.49x to 1.69x 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$24.61	NT$61.20	x
2018-12-31	NT$29.30	NT$61.20	x
2019-12-31	NT$28.68	NT$61.20	x
2020-12-31	NT$29.40	NT$61.20	x
2021-12-31	NT$28.13	NT$61.20	x
2022-12-31	NT$35.94	NT$61.20	x
2023-12-31	NT$38.58	NT$61.20	x
2024-12-31	NT$38.69	NT$61.20	x
2025-12-31	NT$36.22	NT$61.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently IBASE Technology 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): 2.92%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.93%
• Asset Turnover: 0.45x
• Equity Multiplier: 1.65x
Recent ROE (2.92%) is below the historical average (7.43%), 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	10.47%	6.83%	0.95x	1.62x	NT$13.76 Million
2018	6.01%	7.82%	0.54x	1.42x	NT$-203.77 Million
2019	5.12%	6.65%	0.49x	1.56x	NT$-243.26 Million
2020	1.75%	2.05%	0.43x	1.98x	NT$-416.93 Million
2021	6.46%	5.48%	0.54x	2.18x	NT$-171.01 Million
2022	17.08%	16.75%	0.55x	1.87x	NT$470.41 Million
2023	9.41%	11.94%	0.44x	1.78x	NT$-44.99 Million
2024	7.68%	11.36%	0.39x	1.74x	NT$-178.02 Million
2025	2.92%	3.93%	0.45x	1.65x	NT$-510.64 Million

Industry Comparison

This section compares IBASE Technology's net assets metrics with peer companies in the Computer Hardware industry.

Industry Context

Industry: Computer Hardware
Average net assets among peers: $38,430,070,800
Average return on equity (ROE) among peers: 6.98%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
IBASE Technology (8050)	NT$7.63 Billion	10.47%	0.64x	$384.09 Million
Solytech Enterprise Corp (1471)	$2.24 Billion	1.01%	1.36x	$44.55 Million
Lite-On Technology Corp (2301)	$79.28 Billion	11.88%	1.66x	$20.52 Billion
Microtek International Inc (2305)	$2.46 Billion	0.00%	1.72x	$401.74 Million
Kinpo Electronics Inc (2312)	$14.67 Billion	10.08%	0.70x	$1.45 Billion
CMC Magnetics Corp (2323)	$18.82 Billion	9.30%	0.35x	$333.59 Million
Compal Electronics Inc (2324)	$106.53 Billion	18.58%	2.15x	$4.90 Billion
Elitegroup Computer Systems Co Ltd (2331)	$11.17 Billion	0.18%	1.10x	$331.03 Million
Ritek Corp (2349)	$63.48 Billion	4.47%	0.74x	$226.20 Million
Qisda Corp (2352)	$23.42 Billion	3.03%	2.87x	$1.44 Billion
Acer Inc (2353)	$62.22 Billion	11.27%	1.00x	$3.01 Billion

About IBASE Technology

TWO:8050 Taiwan Computer Hardware

Market Cap

$384.09 Million

NT$12.19 Billion TWD

Market Cap Rank

#13750 Global

#555 in Taiwan

Share Price

NT$61.20

Change (1 day)

+3.20%

52-Week Range

NT$39.35 - NT$69.00

All Time High

NT$102.96