O-TA Precision Industry Co Ltd (8924) - Net Assets
Based on the latest financial reports, O-TA Precision Industry Co Ltd (8924) has net assets worth NT$4.17 Billion TWD (≈ $131.42 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.81 Billion ≈ $183.19 Million USD) and total liabilities (NT$1.64 Billion ≈ $51.78 Million USD). 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. Check 8924 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.17 Billion |
| % of Total Assets | 71.74% |
| Annual Growth Rate | 3.13% |
| 5-Year Change | 12.81% |
| 10-Year Change | 111.64% |
| Growth Volatility | 18.65 |
O-TA Precision Industry Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how O-TA Precision Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See O-TA Precision Industry Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for O-TA Precision Industry Co Ltd (2009–2025)
The table below shows the annual net assets of O-TA Precision Industry Co Ltd from 2009 to 2025. For live valuation and market cap data, see 8924 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.17 Billion ≈ $131.42 Million |
-1.10% |
| 2024-12-31 | NT$4.22 Billion ≈ $132.87 Million |
+10.26% |
| 2023-12-31 | NT$3.82 Billion ≈ $120.50 Million |
-15.39% |
| 2022-12-31 | NT$4.52 Billion ≈ $142.42 Million |
+22.26% |
| 2021-12-31 | NT$3.70 Billion ≈ $116.49 Million |
+44.32% |
| 2020-12-31 | NT$2.56 Billion ≈ $80.72 Million |
+4.89% |
| 2019-12-31 | NT$2.44 Billion ≈ $76.96 Million |
+13.08% |
| 2018-12-31 | NT$2.16 Billion ≈ $68.06 Million |
-24.45% |
| 2017-12-31 | NT$2.86 Billion ≈ $90.09 Million |
+45.08% |
| 2016-12-31 | NT$1.97 Billion ≈ $62.09 Million |
-11.48% |
| 2015-12-31 | NT$2.23 Billion ≈ $70.15 Million |
-3.47% |
| 2014-12-31 | NT$2.31 Billion ≈ $72.67 Million |
+0.58% |
| 2013-12-31 | NT$2.29 Billion ≈ $72.25 Million |
+0.34% |
| 2012-12-31 | NT$2.29 Billion ≈ $72.00 Million |
-3.10% |
| 2011-12-31 | NT$2.36 Billion ≈ $74.31 Million |
+3.94% |
| 2010-12-31 | NT$2.27 Billion ≈ $71.49 Million |
-10.92% |
| 2009-12-31 | NT$2.55 Billion ≈ $80.25 Million |
-- |
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 399.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.89 Billion | 45.27% |
| Other Components | NT$2.28 Billion | 54.73% |
| Total Equity | NT$4.17 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 |
|---|---|
|
San Juan Basin Royalty Trust
NYSE:SJT
|
$147.75 Million |
|
Lima Dua Lima Tiga PT
JK:LUCY
|
$147.78 Million |
|
Orthocell Ltd
AU:OCC
|
$147.82 Million |
|
Areeya Property Public Company Limited
BK:A
|
$147.84 Million |
|
Daol Investment & Securities
KO:030210
|
$147.52 Million |
|
Hope Education Group Co. Ltd
F:HE1
|
$147.46 Million |
|
Sensorion SA
PA:ALSEN
|
$147.41 Million |
|
Hamat Group Ltd
TA:HAMAT
|
$147.36 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 2024 to 2025, total equity changed from 4,217,387,000 to 4,171,186,000, a change of -46,201,000 (-1.1%).
- Net income of 472,152,000 contributed positively to equity growth.
- Dividend payments of 360,340,000 reduced retained earnings.
- Other factors decreased equity by 158,013,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$472.15 Million | +11.32% |
| Dividends Paid | NT$360.34 Million | -8.64% |
| Other Changes | NT$-158.01 Million | -3.79% |
| Total Change | NT$- | -1.10% |
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: 1.12x
- 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 2.00x to 1.12x 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$55.90 | x |
| 2010-12-31 | NT$24.56 | NT$55.90 | x |
| 2011-12-31 | NT$25.57 | NT$55.90 | x |
| 2012-12-31 | NT$24.81 | NT$55.90 | x |
| 2013-12-31 | NT$24.98 | NT$55.90 | x |
| 2014-12-31 | NT$24.85 | NT$55.90 | x |
| 2015-12-31 | NT$23.99 | NT$55.90 | x |
| 2016-12-31 | NT$20.87 | NT$55.90 | x |
| 2017-12-31 | NT$21.80 | NT$55.90 | x |
| 2018-12-31 | NT$19.64 | NT$55.90 | x |
| 2019-12-31 | NT$26.96 | NT$55.90 | x |
| 2020-12-31 | NT$29.23 | NT$55.90 | x |
| 2021-12-31 | NT$43.29 | NT$55.90 | x |
| 2022-12-31 | NT$53.18 | NT$55.90 | x |
| 2023-12-31 | NT$45.41 | NT$55.90 | x |
| 2024-12-31 | NT$50.33 | NT$55.90 | x |
| 2025-12-31 | NT$49.78 | NT$55.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently O-TA Precision Industry Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.19%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.39x
- Recent ROE (11.32%) is below the historical average (11.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 8.69% | 4.53% | 1.16x | 1.66x | NT$-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 |
| 2025 | 11.32% | 10.19% | 0.80x | 1.39x | NT$55.03 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: $2,927,735,300
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| O-TA Precision Industry Co Ltd (8924) | NT$4.17 Billion | 8.69% | 0.39x | $147.58 Million |
| Trk Corp (1432) | $1.04 Billion | 0.00% | 3.19x | $59.21 Million |
| Rexon Industrial Corp Ltd (1515) | $2.93 Billion | 5.56% | 1.33x | $146.94 Million |
| Sun Race Sturmey-Archer Inc (1526) | $1.00 Billion | 8.00% | 0.62x | $27.41 Million |
| Chi Hua Fitness Co Ltd (1593) | $1.00 Billion | 14.34% | 0.34x | $37.92 Million |
| Dyaco International Inc (1598) | $898.02 Million | 2.73% | 2.00x | $107.16 Million |
| Johnson Health Tech Co Ltd (1736) | $8.61 Billion | 8.32% | 1.64x | $1.13 Billion |
| Topkey Corp (4536) | $5.99 Billion | 13.88% | 0.88x | $472.12 Million |
| Brogent Technologies (5263) | $2.65 Billion | -1.86% | 0.93x | $229.94 Million |
| Janfusun Fancyworld (5701) | $2.08 Billion | 0.00% | 1.12x | $26.94 Million |
| Fusheng Precision Co Ltd (6670) | $3.09 Billion | 44.81% | 1.88x | $1.32 Billion |
About 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 Others segments. It is involved in manufacturing and selling bicycles and plumbing parts, as well as producing carbon fiber composite materials. The company also exports its products. O-TA Precision… Read more