AVALON TECHNOLOGIES LTD (AVALON) - Net Assets
Based on the latest financial reports, AVALON TECHNOLOGIES LTD (AVALON) has net assets worth Rs6.50 Billion INR (≈ $70.31 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs11.04 Billion ≈ $119.36 Million USD) and total liabilities (Rs4.54 Billion ≈ $49.06 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 AVALON asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.50 Billion |
| % of Total Assets | 58.9% |
| Annual Growth Rate | 181.76% |
| 5-Year Change | 2067.99% |
| 10-Year Change | N/A |
| Growth Volatility | 283.43 |
AVALON TECHNOLOGIES LTD - Net Assets Trend (2020–2025)
This chart illustrates how AVALON TECHNOLOGIES LTD's net assets have evolved over time, based on quarterly financial data. Also explore AVALON asset base for the complete picture of this company's asset base.
Annual Net Assets for AVALON TECHNOLOGIES LTD (2020–2025)
The table below shows the annual net assets of AVALON TECHNOLOGIES LTD from 2020 to 2025. For live valuation and market cap data, see AVALON TECHNOLOGIES LTD (AVALON) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs6.12 Billion ≈ $66.14 Million |
+11.73% |
| 2024-03-31 | Rs5.47 Billion ≈ $59.19 Million |
+1.92% |
| 2023-03-31 | Rs5.37 Billion ≈ $58.08 Million |
+515.91% |
| 2022-03-31 | Rs871.91 Million ≈ $9.43 Million |
+209.10% |
| 2021-03-31 | Rs282.08 Million ≈ $3.05 Million |
+718.57% |
| 2020-03-31 | Rs34.46 Million ≈ $372.67K |
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Equity Component Analysis
This analysis shows how different components contribute to AVALON TECHNOLOGIES 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 8601.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.36 Billion | 38.60% |
| Common Stock | Rs132.31 Million | 2.16% |
| Other Comprehensive Income | Rs-676.44 Million | -11.06% |
| Other Components | Rs4.30 Billion | 70.30% |
| Total Equity | Rs6.12 Billion | 100.00% |
AVALON TECHNOLOGIES LTD Competitors by Market Cap
The table below lists competitors of AVALON TECHNOLOGIES LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Puyang Refractories Group Co Ltd
SHE:002225
|
$763.35 Million |
|
Clarity Pharmaceuticals Ltd
AU:CU6
|
$763.38 Million |
|
Jiangsu Canlon Building Materials Co Ltd
SHE:300715
|
$763.44 Million |
|
Suntront Tech
SHE:300259
|
$763.46 Million |
|
Yunnan Yunwei Co Ltd Class A
SHG:600725
|
$762.88 Million |
|
PHARMING GRP SP. ADRS
F:PHG
|
$762.66 Million |
|
Anhui Coreach Technology Co Ltd
SHE:002983
|
$762.59 Million |
|
Hangzhou Biotest Biotech Co Ltd
SHG:688767
|
$762.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AVALON TECHNOLOGIES LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,473,410,000 to 6,115,470,000, a change of 642,060,000 (11.7%).
- Net income of 634,390,000 contributed positively to equity growth.
- Dividend payments of 52,080,000 reduced retained earnings.
- Share repurchases of 387,260,000 reduced equity.
- New share issuances of 28,150,000 increased equity.
- Other comprehensive income increased equity by 34,060,000.
- Other factors increased equity by 384,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs634.39 Million | +10.37% |
| Dividends Paid | Rs52.08 Million | -0.85% |
| Share Repurchases | Rs387.26 Million | -6.33% |
| Share Issuances | Rs28.15 Million | +0.46% |
| Other Comprehensive Income | Rs34.06 Million | +0.56% |
| Other Changes | Rs384.80 Million | +6.29% |
| Total Change | Rs- | 11.73% |
Book Value vs Market Value Analysis
This analysis compares AVALON TECHNOLOGIES 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: 11.57x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 118.33x to 11.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | Rs8.93 | Rs1057.25 | x |
| 2021-03-31 | Rs11.19 | Rs1057.25 | x |
| 2022-03-31 | Rs15.89 | Rs1057.25 | x |
| 2023-03-31 | Rs93.27 | Rs1057.25 | x |
| 2024-03-31 | Rs81.95 | Rs1057.25 | x |
| 2025-03-31 | Rs91.39 | Rs1057.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AVALON TECHNOLOGIES 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): 10.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.78%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.70x
- Recent ROE (10.37%) is below the historical average (26.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 26.47% | 1.92% | 1.43x | 9.65x | Rs76.69 Million |
| 2021 | 38.51% | 3.35% | 1.35x | 8.55x | Rs170.88 Million |
| 2022 | 71.19% | 7.53% | 1.43x | 6.62x | Rs543.30 Million |
| 2023 | 9.78% | 5.56% | 0.79x | 2.21x | Rs-11.99 Million |
| 2024 | 5.11% | 3.23% | 0.93x | 1.70x | Rs-267.49 Million |
| 2025 | 10.37% | 5.78% | 1.06x | 1.70x | Rs22.84 Million |
Industry Comparison
This section compares AVALON TECHNOLOGIES LTD's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,039,361,701
- Average return on equity (ROE) among peers: 19.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AVALON TECHNOLOGIES LTD (AVALON) | Rs6.50 Billion | 26.47% | 0.70x | $763.31 Million |
| Cyient DLM Limited (CYIENTDLM) | $376.52 Million | 31.38% | 16.13x | $337.40 Million |
| IKIO Lighting Limited (IKIO) | $608.61 Million | 47.33% | 1.87x | $132.01 Million |
| Kaynes Technology India Limited (KAYNES) | $9.60 Billion | 9.91% | 0.48x | $2.93 Billion |
| KRN Heat Exchanger and Refrigeration (KRN) | $255.31 Million | 41.48% | 2.63x | $870.73 Million |
| MIC Electronics Limited (MICEL) | $167.79 Million | 1.93% | 0.97x | $112.52 Million |
| PG Electroplast Limited (PGEL) | $1.22 Billion | -16.57% | 1.31x | $1.64 Billion |
About AVALON TECHNOLOGIES LTD
Avalon Technologies Limited, together with its subsidiaries, provides integrated electronic manufacturing services in India, the United States, and internationally. Its capabilities include printed circuit board assemblies; custom cables and wire harness assemblies; magnetic assemblies; sheet metal fabrication and assemblies, as well as contract services; aerospace sheet metal fabrication; precis… Read more