O-TA Precision Industry Co Ltd
O-TA Precision Industry Co., Ltd. engages in manufacturing, processing, and selling of golf club heads, shafts, semi-finished goods, and golf equipment. The company operates through Golf equipment and Other segments. It is involved in manufacturing and selling of bicycles and plumbing parts, as well as produces carbon fiber composite materials. O-TA Precision Industry Co., Ltd. was incorporated i… Read more
O-TA Precision Industry Co Ltd (8924) - Net Assets
Latest net assets as of June 2025: NT$3.50 Billion TWD
Based on the latest financial reports, O-TA Precision Industry Co Ltd (8924) has net assets worth NT$3.50 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$4.95 Billion) and total liabilities (NT$1.45 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$3.50 Billion |
| % of Total Assets | 70.7% |
| Annual Growth Rate | 3.42% |
| 5-Year Change | 64.61% |
| 10-Year Change | 89.41% |
| Growth Volatility | 19.2 |
O-TA Precision Industry Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how O-TA Precision Industry 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 O-TA Precision Industry Co Ltd (2009–2024)
The table below shows the annual net assets of O-TA Precision Industry Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.22 Billion | +10.26% |
| 2023-12-31 | NT$3.82 Billion | -15.39% |
| 2022-12-31 | NT$4.52 Billion | +22.26% |
| 2021-12-31 | NT$3.70 Billion | +44.32% |
| 2020-12-31 | NT$2.56 Billion | +4.89% |
| 2019-12-31 | NT$2.44 Billion | +13.08% |
| 2018-12-31 | NT$2.16 Billion | -24.45% |
| 2017-12-31 | NT$2.86 Billion | +45.08% |
| 2016-12-31 | NT$1.97 Billion | -11.48% |
| 2015-12-31 | NT$2.23 Billion | -3.47% |
| 2014-12-31 | NT$2.31 Billion | +0.58% |
| 2013-12-31 | NT$2.29 Billion | +0.34% |
| 2012-12-31 | NT$2.29 Billion | -3.10% |
| 2011-12-31 | NT$2.36 Billion | +3.94% |
| 2010-12-31 | NT$2.27 Billion | -10.92% |
| 2009-12-31 | NT$2.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to O-TA Precision Industry 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 382.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.82 Billion | 43.24% |
| Other Components | NT$2.39 Billion | 56.76% |
| Total Equity | NT$4.22 Billion | 100.00% |
O-TA Precision Industry Co Ltd Competitors by Market Cap
The table below lists competitors of O-TA Precision Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pinlive Foods Co Ltd
SHE:300892
|
$129.82 Million |
|
Bassac
PA:BASS
|
$129.83 Million |
|
i3 Energy Plc
PINK:ITEEF
|
$129.83 Million |
|
Brogent Technologies
TWO:5263
|
$129.86 Million |
|
Orient Group Inc
SHG:600811
|
$129.75 Million |
|
AQUILA PART PROD COM
RO:AQ
|
$129.75 Million |
|
Altia Oyj
F:28Q
|
$129.75 Million |
|
Grupo Hotelero Santa Fe SAB
MX:HOTEL
|
$129.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in O-TA Precision Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,824,820,000 to 4,217,387,000, a change of 392,567,000 (10.3%).
- Net income of 474,283,000 contributed positively to equity growth.
- Dividend payments of 360,340,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,153,605,000.
- Other factors increased equity by 1,432,229,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$474.28 Million | +11.25% |
| Dividends Paid | NT$360.34 Million | -8.54% |
| Other Comprehensive Income | NT$-1.15 Billion | -27.35% |
| Other Changes | NT$1.43 Billion | +33.96% |
| Total Change | NT$- | 10.26% |
Book Value vs Market Value Analysis
This analysis compares O-TA Precision Industry 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: 1.36x
- 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 2.45x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$27.89 | NT$68.30 | x |
| 2010-12-31 | NT$24.56 | NT$68.30 | x |
| 2011-12-31 | NT$25.57 | NT$68.30 | x |
| 2012-12-31 | NT$24.81 | NT$68.30 | x |
| 2013-12-31 | NT$24.98 | NT$68.30 | x |
| 2014-12-31 | NT$24.85 | NT$68.30 | x |
| 2015-12-31 | NT$23.99 | NT$68.30 | x |
| 2016-12-31 | NT$20.87 | NT$68.30 | x |
| 2017-12-31 | NT$21.80 | NT$68.30 | x |
| 2018-12-31 | NT$19.64 | NT$68.30 | x |
| 2019-12-31 | NT$26.96 | NT$68.30 | x |
| 2020-12-31 | NT$29.23 | NT$68.30 | x |
| 2021-12-31 | NT$43.29 | NT$68.30 | x |
| 2022-12-31 | NT$53.18 | NT$68.30 | x |
| 2023-12-31 | NT$45.41 | NT$68.30 | x |
| 2024-12-31 | NT$50.33 | NT$68.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently O-TA Precision Industry Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.23%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.27x
- Recent ROE (11.25%) is below the historical average (11.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 8.69% | 4.53% | 1.16x | 1.66x | NT$-30.79 Million |
| 2010 | 8.96% | 3.29% | 1.51x | 1.80x | NT$-21.46 Million |
| 2011 | 1.11% | 0.48% | 1.27x | 1.81x | NT$-190.50 Million |
| 2012 | 1.89% | 0.77% | 1.40x | 1.75x | NT$-168.62 Million |
| 2013 | -4.12% | -1.95% | 1.17x | 1.80x | NT$-295.57 Million |
| 2014 | -2.90% | -1.41% | 1.15x | 1.80x | NT$-268.67 Million |
| 2015 | -3.38% | -1.51% | 1.22x | 1.83x | NT$-268.90 Million |
| 2016 | -12.71% | -6.21% | 1.15x | 1.78x | NT$-397.15 Million |
| 2017 | 39.62% | 29.44% | 0.88x | 1.53x | NT$792.54 Million |
| 2018 | 1.55% | 0.82% | 1.19x | 1.58x | NT$-167.21 Million |
| 2019 | 21.36% | 12.42% | 1.07x | 1.61x | NT$258.97 Million |
| 2020 | 22.04% | 13.85% | 0.99x | 1.61x | NT$297.52 Million |
| 2021 | 45.66% | 21.42% | 1.38x | 1.55x | NT$1.32 Billion |
| 2022 | 39.67% | 23.29% | 1.22x | 1.40x | NT$1.34 Billion |
| 2023 | 10.63% | 9.31% | 0.84x | 1.36x | NT$24.04 Million |
| 2024 | 11.25% | 10.23% | 0.86x | 1.27x | NT$52.54 Million |
Industry Comparison
This section compares O-TA Precision Industry Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,711,263,600
- Average return on equity (ROE) among peers: -0.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| O-TA Precision Industry Co Ltd (8924) | NT$3.50 Billion | 8.69% | 0.41x | $129.76 Million |
| Trk Corp (1432) | $469.66 Million | -24.18% | 3.77x | $34.47 Million |
| Rexon Industrial Corp Ltd (1515) | $2.33 Billion | 4.56% | 1.33x | $101.55 Million |
| Sun Race Sturmey-Archer Inc (1526) | $654.76 Million | 0.00% | 1.33x | $22.79 Million |
| Chi Hua Fitness Co Ltd (1593) | $876.47 Million | 13.62% | 0.20x | $29.76 Million |
| Dyaco International Inc (1598) | $4.06 Billion | -2.33% | 1.94x | $63.34 Million |
| Johnson Health Tech Co Ltd (1736) | $9.38 Billion | 1.06% | 2.76x | $347.60 Million |
| World Fitness Services Ltd (2762) | $2.90 Billion | 1.10% | 5.19x | $22.31K |
| Topkey Corp (4536) | $2.93 Billion | 17.26% | 1.06x | $305.91 Million |
| Brogent Technologies (5263) | $2.90 Billion | 8.87% | 0.45x | $129.86 Million |
| Janfusun Fancyworld (5701) | $609.74 Million | -22.48% | 3.77x | $9.21 Million |