Taiwan Television Enterprise Co.Ltd.
Taiwan Television Enterprise Co.,Ltd. operates as a television company in Taiwan. The company engages in the production, broadcasting, and distribution of various television programs and advertisements, as well as video programs, records and audio tapes, etc. It is also involved in the publishing, distribution, and sale of books and magazines. In addition, the company offers cultural and artistic… Read more
Taiwan Television Enterprise Co.Ltd. (8329) - Net Assets
Latest net assets as of December 2023: NT$3.33 Billion TWD
Based on the latest financial reports, Taiwan Television Enterprise Co.Ltd. (8329) has net assets worth NT$3.33 Billion TWD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.47 Billion) and total liabilities (NT$1.14 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$3.33 Billion |
| % of Total Assets | 74.51% |
| Annual Growth Rate | 0.97% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.24 |
Taiwan Television Enterprise Co.Ltd. - Net Assets Trend (2019–2023)
This chart illustrates how Taiwan Television Enterprise 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 Taiwan Television Enterprise Co.Ltd. (2019–2023)
The table below shows the annual net assets of Taiwan Television Enterprise Co.Ltd. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$3.33 Billion | +1.77% |
| 2022-12-31 | NT$3.27 Billion | +0.67% |
| 2021-12-31 | NT$3.25 Billion | +2.36% |
| 2020-12-31 | NT$3.17 Billion | -0.89% |
| 2019-12-31 | NT$3.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Television Enterprise 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 8172400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$79.15 Million | 2.38% |
| Common Stock | NT$2.81 Billion | 84.30% |
| Other Components | NT$443.48 Million | 13.32% |
| Total Equity | NT$3.33 Billion | 100.00% |
Taiwan Television Enterprise Co.Ltd. Competitors by Market Cap
The table below lists competitors of Taiwan Television Enterprise Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fima Corporation Bhd
KLSE:3107
|
$22.52 Million |
|
Premium Snacks Nordic AB
ST:SNX
|
$22.53 Million |
|
Celsius Resources Ltd
AU:CLA
|
$22.53 Million |
|
24SEVENOFFICE GROUP AB
F:719
|
$22.53 Million |
|
Water Oasis Group Limited
PINK:WOSSF
|
$22.49 Million |
|
Resolution Minerals Ltd
PINK:RLMLF
|
$22.49 Million |
|
Drb Industrial
KO:163560
|
$22.49 Million |
|
Danakali Ltd
PINK:SBMSF
|
$22.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Television Enterprise Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,270,386,000 to 3,328,413,000, a change of 58,027,000 (1.8%).
- Net income of 57,628,000 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$57.63 Million | +1.73% |
| Other Changes | NT$399.00K | +0.01% |
| Total Change | NT$- | 1.77% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Television Enterprise 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: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$11.41 | NT$10.00 | x |
| 2020-12-31 | NT$11.31 | NT$10.00 | x |
| 2021-12-31 | NT$11.58 | NT$10.00 | x |
| 2022-12-31 | NT$11.65 | NT$10.00 | x |
| 2023-12-31 | NT$12.13 | NT$10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Television Enterprise Co.Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.63%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.34x
- Recent ROE (1.73%) is above the historical average (1.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 2.55% | 6.81% | 0.27x | 1.36x | NT$-238.72 Million |
| 2020 | -0.92% | -2.79% | 0.24x | 1.36x | NT$-346.67 Million |
| 2021 | 2.29% | 6.62% | 0.26x | 1.35x | NT$-250.52 Million |
| 2022 | 0.62% | 1.60% | 0.29x | 1.35x | NT$-306.63 Million |
| 2023 | 1.73% | 4.63% | 0.28x | 1.34x | NT$-275.21 Million |
Industry Comparison
This section compares Taiwan Television Enterprise Co.Ltd.'s net assets metrics with peer companies in the Broadcasting industry.
No peer company data available for comparison.