Mitake Information
Mitake Information Corporation provides mobile financial information trading platform in Taiwan. It engages in the computer equipment installation, information software services, sales of various types of electronic communication information equipment, and text message sending business. The company was founded in 1991 and is based in Taipei City, Taiwan.
Mitake Information (8284) - Net Assets
Latest net assets as of June 2025: NT$1.20 Billion TWD
Based on the latest financial reports, Mitake Information (8284) has net assets worth NT$1.20 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$2.05 Billion) and total liabilities (NT$849.50 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$1.20 Billion |
| % of Total Assets | 58.65% |
| Annual Growth Rate | 12.68% |
| 5-Year Change | 33.43% |
| 10-Year Change | N/A |
| Growth Volatility | 10.86 |
Mitake Information - Net Assets Trend (2017–2024)
This chart illustrates how Mitake Information's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mitake Information (2017–2024)
The table below shows the annual net assets of Mitake Information from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.33 Billion | +7.69% |
| 2023-12-31 | NT$1.24 Billion | +0.80% |
| 2022-12-31 | NT$1.23 Billion | +13.64% |
| 2021-12-31 | NT$1.08 Billion | +8.17% |
| 2020-12-31 | NT$1.00 Billion | +37.88% |
| 2019-12-31 | NT$725.50 Million | +10.52% |
| 2018-12-31 | NT$656.46 Million | +13.47% |
| 2017-12-31 | NT$578.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mitake Information'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 185.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$452.70 Million | 33.92% |
| Other Components | NT$881.98 Million | 66.08% |
| Total Equity | NT$1.33 Billion | 100.00% |
Mitake Information Competitors by Market Cap
The table below lists competitors of Mitake Information ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Afya Limited
SA:A2FY34
|
$45.37 Million |
|
Suyog Telematics Limited
NSE:SUYOG
|
$45.37 Million |
|
Barem Ambalaj Sanayi ve Ticaret a.s.
IS:BARMA
|
$45.38 Million |
|
Altinyag Kombinalari AS
IS:ALMAD
|
$45.39 Million |
|
ANPAC BIO-MED SP.ADS/20 A
F:0UC0
|
$45.32 Million |
|
SunWay Biotech Co., LTD.
TWO:1271
|
$45.30 Million |
|
Sinew Pharma Inc.
TWO:6634
|
$45.30 Million |
|
China Automotive Systems Inc
NASDAQ:CAAS
|
$45.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mitake Information's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,239,427,000 to 1,334,680,000, a change of 95,253,000 (7.7%).
- Net income of 257,450,000 contributed positively to equity growth.
- Dividend payments of 162,197,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$257.45 Million | +19.29% |
| Dividends Paid | NT$162.20 Million | -12.15% |
| Total Change | NT$- | 7.69% |
Book Value vs Market Value Analysis
This analysis compares Mitake Information'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: 2.22x
- 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 4.57x to 2.22x 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$13.97 | NT$63.90 | x |
| 2018-12-31 | NT$15.91 | NT$63.90 | x |
| 2019-12-31 | NT$17.61 | NT$63.90 | x |
| 2020-12-31 | NT$22.44 | NT$63.90 | x |
| 2021-12-31 | NT$23.26 | NT$63.90 | x |
| 2022-12-31 | NT$26.40 | NT$63.90 | x |
| 2023-12-31 | NT$26.65 | NT$63.90 | x |
| 2024-12-31 | NT$28.80 | NT$63.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mitake Information 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): 19.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.23%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 1.54x
- Recent ROE (19.29%) is above the historical average (18.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.13% | 5.83% | 1.31x | 1.58x | NT$12.35 Million |
| 2018 | 18.81% | 8.58% | 1.34x | 1.64x | NT$57.87 Million |
| 2019 | 25.25% | 10.95% | 1.39x | 1.66x | NT$110.63 Million |
| 2020 | 12.19% | 6.46% | 1.24x | 1.52x | NT$21.90 Million |
| 2021 | 17.40% | 8.54% | 1.37x | 1.49x | NT$80.10 Million |
| 2022 | 23.31% | 11.57% | 1.32x | 1.52x | NT$163.69 Million |
| 2023 | 15.75% | 7.38% | 1.35x | 1.58x | NT$71.27 Million |
| 2024 | 19.29% | 9.23% | 1.36x | 1.54x | NT$123.98 Million |
Industry Comparison
This section compares Mitake Information's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,171,389,600
- Average return on equity (ROE) among peers: 10.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mitake Information (8284) | NT$1.20 Billion | 12.13% | 0.71x | $45.36 Million |
| Otsuka Information Technology Corp. (3570) | $661.44 Million | 21.64% | 0.39x | $38.41 Million |
| Papago Inc. (3632) | $174.05 Million | -16.61% | 1.43x | $10.17 Million |
| K Way Information (5201) | $346.45 Million | 1.83% | 0.24x | $27.73 Million |
| Cyberlink Co (5203) | $4.55 Billion | 12.23% | 0.34x | $100.03 Million |
| Taiwan Green Environment Technology Inc. (5205) | $72.57 Million | 13.76% | 0.38x | $2.82 Million |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $694.95 Million | -6.48% | 0.33x | $42.10 Million |
| Penpower Technology Ltd (5211) | $525.85 Million | 3.44% | 0.15x | $13.54 Million |
| Dimerco Data System (5403) | $2.64 Billion | 23.49% | 0.79x | $213.17 Million |
| Insyde Software (6231) | $1.17 Billion | 26.06% | 0.43x | $247.42 Million |
| Interactive Digital Technologies (6486) | $885.53 Million | 22.88% | 1.05x | $75.76 Million |