A10 Network
A10 Networks, Inc. provides security and infrastructure solutions in the United States, rest of the Americas, Japan, rest of the Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services bet… Read more
A10 Network (ATEN) - Net Assets
Latest net assets as of December 2025: $211.55 Million USD
Based on the latest financial reports, A10 Network (ATEN) has net assets worth $211.55 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 ($629.81 Million) and total liabilities ($418.27 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 | $211.55 Million |
| % of Total Assets | 33.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | 1.27% |
| 10-Year Change | 83.45% |
| Growth Volatility | 28.36 |
A10 Network - Net Assets Trend (2012–2025)
This chart illustrates how A10 Network's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for A10 Network (2012–2025)
The table below shows the annual net assets of A10 Network from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $211.55 Million | -8.75% |
| 2024-12-31 | $231.83 Million | +11.52% |
| 2023-12-31 | $207.88 Million | +14.84% |
| 2022-12-31 | $181.01 Million | -13.34% |
| 2021-12-31 | $208.89 Million | +80.12% |
| 2020-12-31 | $115.97 Million | +6.61% |
| 2019-12-31 | $108.79 Million | -21.46% |
| 2018-12-31 | $138.51 Million | +40.78% |
| 2017-12-31 | $98.39 Million | -14.68% |
| 2016-12-31 | $115.31 Million | +12.12% |
| 2015-12-31 | $102.85 Million | -11.56% |
| 2014-12-31 | $116.30 Million | +1435.96% |
| 2013-12-31 | $-8.71 Million | +87.59% |
| 2012-12-31 | $-70.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to A10 Network'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 4897700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | 0.00% |
| Other Comprehensive Income | $659.00K | 0.31% |
| Other Components | $281.88 Million | 133.25% |
| Total Equity | $211.55 Million | 100.00% |
A10 Network Competitors by Market Cap
The table below lists competitors of A10 Network ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Minmetals Capital Co Ltd
SHG:600390
|
$1.49 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
$1.49 Billion |
|
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
|
$1.49 Billion |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
$1.49 Billion |
|
Societatea Nationala de Transport Gaze Naturale Transgaz SA
RO:TGN
|
$1.48 Billion |
|
Maze Therapeutics, Inc. Common Stock
NASDAQ:MAZE
|
$1.48 Billion |
|
CPFL Energia S.A
SA:CPFE3
|
$1.48 Billion |
|
Yantai Dongcheng Pharmaceutical Co Ltd
SHE:002675
|
$1.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in A10 Network's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 231,829,000 to 211,546,000, a change of -20,283,000 (-8.7%).
- Net income of 42,137,000 contributed positively to equity growth.
- Dividend payments of 17,369,000 reduced retained earnings.
- Share repurchases of 68,920,000 reduced equity.
- Other comprehensive income increased equity by 465,000.
- Other factors increased equity by 23,404,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $42.14 Million | +19.92% |
| Dividends Paid | $17.37 Million | -8.21% |
| Share Repurchases | $68.92 Million | -32.58% |
| Other Comprehensive Income | $465.00K | +0.22% |
| Other Changes | $23.40 Million | +11.06% |
| Total Change | $- | -8.75% |
Book Value vs Market Value Analysis
This analysis compares A10 Network'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: 7.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-1.60 | $21.27 | x |
| 2013-12-31 | $-0.15 | $21.27 | x |
| 2014-12-31 | $1.98 | $21.27 | x |
| 2015-12-31 | $1.25 | $21.27 | x |
| 2016-12-31 | $1.26 | $21.27 | x |
| 2017-12-31 | $1.37 | $21.27 | x |
| 2018-12-31 | $1.43 | $21.27 | x |
| 2019-12-31 | $1.43 | $21.27 | x |
| 2020-12-31 | $1.45 | $21.27 | x |
| 2021-12-31 | $2.61 | $21.27 | x |
| 2022-12-31 | $2.33 | $21.27 | x |
| 2023-12-31 | $2.75 | $21.27 | x |
| 2024-12-31 | $3.08 | $21.27 | x |
| 2025-12-31 | $2.87 | $21.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently A10 Network 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): 19.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.50%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.98x
- Recent ROE (19.92%) is above the historical average (-1.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -75.08% | 1.56x | 0.00x | $-83.13 Million |
| 2013 | 0.00% | -19.12% | 1.51x | 0.00x | $-26.23 Million |
| 2014 | -35.96% | -19.34% | 0.96x | 1.94x | $-44.38 Million |
| 2015 | -51.19% | -20.12% | 1.05x | 2.43x | $-47.85 Million |
| 2016 | -25.30% | -9.10% | 1.06x | 2.62x | $-29.22 Million |
| 2017 | -10.93% | -4.57% | 1.05x | 2.29x | $-20.59 Million |
| 2018 | -26.58% | -11.89% | 0.98x | 2.27x | $-38.01 Million |
| 2019 | -16.38% | -8.38% | 0.78x | 2.52x | $-28.70 Million |
| 2020 | 15.36% | 7.90% | 0.78x | 2.51x | $6.22 Million |
| 2021 | 45.42% | 37.95% | 0.64x | 1.88x | $74.00 Million |
| 2022 | 25.91% | 16.73% | 0.76x | 2.04x | $28.81 Million |
| 2023 | 19.23% | 15.88% | 0.65x | 1.88x | $19.18 Million |
| 2024 | 21.63% | 19.16% | 0.60x | 1.87x | $26.96 Million |
| 2025 | 19.92% | 14.50% | 0.46x | 2.98x | $20.98 Million |
Industry Comparison
This section compares A10 Network's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| A10 Network (ATEN) | $211.55 Million | 0.00% | 1.98x | $1.48 Billion |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |