Changing Information Technology Inc.
Changing Information Technology Inc. provides digital authentication and cybersecurity solutions. The company offers zero-trust digital authentication systems, Fintech security solutions, and digital transformation applications. The company is headquartered in Hsinchu City, Taiwan.
Changing Information Technology Inc. (8272) - Net Assets
Latest net assets as of September 2025: NT$574.91 Million TWD
Based on the latest financial reports, Changing Information Technology Inc. (8272) has net assets worth NT$574.91 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$779.90 Million) and total liabilities (NT$204.99 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$574.91 Million |
| % of Total Assets | 73.72% |
| Annual Growth Rate | 22.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.97 |
Changing Information Technology Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Changing Information Technology Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Changing Information Technology Inc. (2021–2024)
The table below shows the annual net assets of Changing Information Technology Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$573.00 Million | +39.61% |
| 2023-12-31 | NT$410.44 Million | +11.22% |
| 2022-12-31 | NT$369.02 Million | +19.08% |
| 2021-12-31 | NT$309.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Changing Information Technology Inc.'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 63.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$233.56 Million | 40.76% |
| Other Components | NT$339.44 Million | 59.24% |
| Total Equity | NT$573.00 Million | 100.00% |
Changing Information Technology Inc. Competitors by Market Cap
The table below lists competitors of Changing Information Technology Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
A2A (EAM.SG)
STU:EAM
|
$22.42K |
|
ENCE ENERGIA
BE:ENCA
|
$22.43K |
|
Gold'n Futures Mineral Corp
PINK:GFTRF
|
$22.46K |
|
Gibui Holdings Ltd
TA:GIBUI
|
$22.47K |
|
EO2 EO 1
F:EO4
|
$22.41K |
|
LBG Media PLC
LSE:LBG
|
$22.39K |
|
BWP TRUST UNITS
F:GJZ
|
$22.36K |
|
Pyramid Games S.A.
WAR:PDG
|
$22.36K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changing Information Technology Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 410,438,000 to 573,003,000, a change of 162,565,000 (39.6%).
- Net income of 70,882,000 contributed positively to equity growth.
- Dividend payments of 49,358,000 reduced retained earnings.
- New share issuances of 136,270,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$70.88 Million | +12.37% |
| Dividends Paid | NT$49.36 Million | -8.61% |
| Share Issuances | NT$136.27 Million | +23.78% |
| Other Changes | NT$4.77 Million | +0.83% |
| Total Change | NT$- | 39.61% |
Book Value vs Market Value Analysis
This analysis compares Changing Information Technology Inc.'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: 2.48x
- 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 4.15x to 2.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$18.02 | NT$74.80 | x |
| 2022-12-31 | NT$21.46 | NT$74.80 | x |
| 2023-12-31 | NT$23.87 | NT$74.80 | x |
| 2024-12-31 | NT$30.16 | NT$74.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changing Information Technology Inc. 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): 12.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.17%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.38x
- Recent ROE (12.37%) is below the historical average (19.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 21.85% | 17.77% | 0.80x | 1.54x | NT$36.73 Million |
| 2022 | 22.45% | 19.69% | 0.73x | 1.57x | NT$45.95 Million |
| 2023 | 19.83% | 19.30% | 0.67x | 1.53x | NT$40.36 Million |
| 2024 | 12.37% | 17.17% | 0.52x | 1.38x | NT$13.58 Million |
Industry Comparison
This section compares Changing Information Technology Inc.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $1,759,198,900
- Average return on equity (ROE) among peers: 8.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Changing Information Technology Inc. (8272) | NT$574.91 Million | 21.85% | 0.36x | $22.42K |
| BaaS Innovation Co., Ltd. (3555) | $560.32 Million | 7.90% | 0.16x | $59.75 Million |
| Hyweb Technology Co Ltd (5212) | $408.46 Million | 7.99% | 0.70x | $33.00 Million |
| EASYCARD Corporation (6035) | $981.05 Million | 6.15% | 12.22x | $19.91 Million |
| Egis Technology (6462) | $2.26 Billion | 26.20% | 0.60x | $245.37 Million |
| ThroughTek Co., Ltd. (6565) | $129.44 Million | -25.10% | 0.66x | $8.73 Million |
| eCloudvalley Digital Technology Co. Ltd. (6689) | $3.21 Billion | 4.79% | 0.97x | $96.30 Million |
| Acer Cyber Security Inc. (6690) | $3.14 Billion | 9.77% | 0.54x | $69.96 Million |
| 91App Inc (6741) | $3.25 Billion | 15.30% | 0.54x | $121.17 Million |
| Galaxy Software Services Corporation (6752) | $820.46 Million | 16.20% | 1.28x | $86.18 Million |
| Green World Fintech Service Co. Ltd. (6763) | $2.82 Billion | 14.06% | 1.38x | $114.92 Million |