Taitien Electronics Co Ltd
Taitien Electronics Co., Ltd., together with its subsidiaries, manufactures and sells electronics components in Taiwan, the Americas, Europe, China and internationally. Its quartz frequency control components, including quartz crystals, crystal oscillators, VCXO, VCTCXO and TCXO, OCXO, QCM, equipment, mini ovens, and timing modules. The company also manufactures and sells crystal related products… Read more
Taitien Electronics Co Ltd (8289) - Net Assets
Latest net assets as of September 2025: NT$1.50 Billion TWD
Based on the latest financial reports, Taitien Electronics Co Ltd (8289) has net assets worth NT$1.50 Billion 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$2.39 Billion) and total liabilities (NT$894.10 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$1.50 Billion |
| % of Total Assets | 62.67% |
| Annual Growth Rate | 2.6% |
| 5-Year Change | 24.27% |
| 10-Year Change | N/A |
| Growth Volatility | 10.04 |
Taitien Electronics Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Taitien Electronics 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 Taitien Electronics Co Ltd (2017–2024)
The table below shows the annual net assets of Taitien Electronics Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.60 Billion | +1.38% |
| 2023-12-31 | NT$1.58 Billion | -9.54% |
| 2022-12-31 | NT$1.74 Billion | +15.15% |
| 2021-12-31 | NT$1.51 Billion | +17.67% |
| 2020-12-31 | NT$1.29 Billion | +0.66% |
| 2019-12-31 | NT$1.28 Billion | -9.94% |
| 2018-12-31 | NT$1.42 Billion | +6.24% |
| 2017-12-31 | NT$1.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taitien Electronics 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 8.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$262.47 Million | 16.41% |
| Other Components | NT$1.34 Billion | 83.59% |
| Total Equity | NT$1.60 Billion | 100.00% |
Taitien Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Taitien Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agrify Corp
NASDAQ:AGFY
|
$58.43 Million |
|
Muhak Co. Ltd
KO:033920
|
$58.44 Million |
|
Territorial Bancorp Inc
NASDAQ:TBNK
|
$58.46 Million |
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
$58.47 Million |
|
Silitech Technology Corp
TW:3311
|
$58.41 Million |
|
Calitech Co Ltd
TWO:6532
|
$58.40 Million |
|
SCG Decor PCL
BK:SCGD
|
$58.38 Million |
|
Dollar Industries Limited
NSE:DOLLAR
|
$58.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taitien Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,577,395,000 to 1,599,099,000, a change of 21,704,000 (1.4%).
- Net income of 27,367,000 contributed positively to equity growth.
- Dividend payments of 68,334,000 reduced retained earnings.
- Other factors increased equity by 62,671,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$27.37 Million | +1.71% |
| Dividends Paid | NT$68.33 Million | -4.27% |
| Other Changes | NT$62.67 Million | +3.92% |
| Total Change | NT$- | 1.38% |
Book Value vs Market Value Analysis
This analysis compares Taitien Electronics 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: 1.71x
- 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 2.02x to 1.71x 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$19.81 | NT$39.95 | x |
| 2018-12-31 | NT$21.05 | NT$39.95 | x |
| 2019-12-31 | NT$18.71 | NT$39.95 | x |
| 2020-12-31 | NT$18.83 | NT$39.95 | x |
| 2021-12-31 | NT$22.01 | NT$39.95 | x |
| 2022-12-31 | NT$25.14 | NT$39.95 | x |
| 2023-12-31 | NT$22.94 | NT$39.95 | x |
| 2024-12-31 | NT$23.40 | NT$39.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taitien Electronics Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.82%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.35x
- Recent ROE (1.71%) is below the historical average (6.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.74% | 0.68% | 0.77x | 1.42x | NT$-123.73 Million |
| 2018 | 8.47% | 7.89% | 0.73x | 1.46x | NT$-21.77 Million |
| 2019 | -1.60% | -1.34% | 0.78x | 1.55x | NT$-148.35 Million |
| 2020 | 0.34% | 0.28% | 0.80x | 1.53x | NT$-124.27 Million |
| 2021 | 14.08% | 9.40% | 0.94x | 1.59x | NT$61.78 Million |
| 2022 | 20.58% | 15.15% | 0.92x | 1.47x | NT$184.49 Million |
| 2023 | 5.59% | 5.58% | 0.74x | 1.36x | NT$-69.56 Million |
| 2024 | 1.71% | 1.82% | 0.69x | 1.35x | NT$-132.54 Million |
Industry Comparison
This section compares Taitien Electronics Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $2,440,409,400
- Average return on equity (ROE) among peers: 3.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taitien Electronics Co Ltd (8289) | NT$1.50 Billion | 0.74% | 0.60x | $58.42 Million |
| Chroma ATE Inc (2360) | $4.96 Billion | 20.34% | 0.61x | $9.53 Billion |
| Good Will Instrument Co Ltd (2423) | $2.18 Billion | 11.70% | 0.39x | $88.88 Million |
| Test Research Inc (3030) | $1.42 Billion | 30.39% | 0.32x | $1.12 Billion |
| Altek Corp (3059) | $10.90 Billion | 12.19% | 0.81x | $308.99 Million |
| RoyalTek Co Ltd (3306) | $1.41 Billion | 3.63% | 0.24x | $40.39 Million |
| Globalsat Worldcom (3499) | $631.80 Million | 4.97% | 0.89x | $19.44 Million |
| Materials Analysis Technology (3587) | $671.11 Million | -0.45% | 0.20x | $349.95 Million |
| Sysgration Ltd (5309) | $1.68 Billion | -15.18% | 0.38x | $306.10 Million |
| Kingwaytek Technology Co Ltd (6516) | $371.18 Million | 6.32% | 0.18x | $61.84 Million |
| Bryton Inc. (7558) | $181.16 Million | -43.76% | 0.25x | $6.78 Million |