Altigen Communications Inc
Altigen Communications, Inc. designs, develops, markets, and supports integrated communications solutions worldwide. The company offers MaxCS PBX, a suite of software applications to provide analog and VoIP telephone, operator software, and desktop call control software on each extension of the system; MaxCloud UC, a unified communications system for instant messaging, desktop sharing, and video… Read more
Altigen Communications Inc (ATGN) - Net Assets
Latest net assets as of June 2025: $13.47 Million USD
Based on the latest financial reports, Altigen Communications Inc (ATGN) has net assets worth $13.47 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.92 Million) and total liabilities ($2.46 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 | $13.47 Million |
| % of Total Assets | 84.58% |
| Annual Growth Rate | -4.72% |
| 5-Year Change | -13.87% |
| 10-Year Change | 4435.2% |
| Growth Volatility | 184.72 |
Altigen Communications Inc - Net Assets Trend (2000–2023)
This chart illustrates how Altigen Communications Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Altigen Communications Inc (2000–2023)
The table below shows the annual net assets of Altigen Communications Inc from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $11.34 Million | -20.15% |
| 2022-09-30 | $14.20 Million | -1.87% |
| 2021-09-30 | $14.47 Million | -1.24% |
| 2020-09-30 | $14.65 Million | +11.30% |
| 2019-09-30 | $13.16 Million | +17.40% |
| 2018-09-30 | $11.21 Million | +737.42% |
| 2017-09-30 | $1.34 Million | +41.99% |
| 2016-09-30 | $943.00K | -37.63% |
| 2015-09-30 | $1.51 Million | +504.80% |
| 2014-09-30 | $250.00K | -48.02% |
| 2013-09-30 | $481.00K | -69.81% |
| 2012-09-30 | $1.59 Million | -46.95% |
| 2011-09-30 | $3.00 Million | -37.53% |
| 2010-09-30 | $4.81 Million | -16.50% |
| 2009-09-30 | $5.76 Million | -38.08% |
| 2008-09-30 | $9.30 Million | -24.69% |
| 2007-09-30 | $12.35 Million | +4.29% |
| 2006-09-30 | $11.84 Million | +10.44% |
| 2005-09-30 | $10.72 Million | +0.46% |
| 2004-09-30 | $10.67 Million | +3.68% |
| 2003-09-30 | $10.29 Million | -23.04% |
| 2002-09-30 | $13.37 Million | -35.75% |
| 2001-09-30 | $20.81 Million | -39.67% |
| 2000-09-30 | $34.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altigen Communications Inc'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 decreased by 6025400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $71.59 Million | 631.43% |
| Total Equity | $11.34 Million | 100.00% |
Altigen Communications Inc Competitors by Market Cap
The table below lists competitors of Altigen Communications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schwälbchen Molkerei Jakob Berz AG
F:SMB
|
$9.26 Million |
|
Introl S.A.
WAR:INL
|
$9.26 Million |
|
Vivos Therapeutics Inc
NASDAQ:VVOS
|
$9.26 Million |
|
Compal Broadband Networks Inc
TW:6674
|
$9.26 Million |
|
Iondrive Ltd
AU:ION
|
$9.25 Million |
|
Kekrops S.A.
AT:KEKR
|
$9.25 Million |
|
UST Co. Ltd
KQ:263770
|
$9.25 Million |
|
TSG Star Travel Corp.
TWO:2719
|
$9.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altigen Communications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 14,200,000 to 11,338,000, a change of -2,862,000 (-20.2%).
- Net loss of 3,324,000 reduced equity.
- New share issuances of 43,000 increased equity.
- Other factors increased equity by 419,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.32 Million | -29.32% |
| Share Issuances | $43.00K | +0.38% |
| Other Changes | $419.00K | +3.7% |
| Total Change | $- | -20.15% |
Book Value vs Market Value Analysis
This analysis compares Altigen Communications Inc'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: 0.97x
- 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.
- The price-to-book ratio has decreased from 7.49x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | $0.06 | $0.44 | x |
| 2018-09-30 | $0.49 | $0.44 | x |
| 2019-09-30 | $0.57 | $0.44 | x |
| 2020-09-30 | $0.64 | $0.44 | x |
| 2021-09-30 | $0.61 | $0.44 | x |
| 2022-09-30 | $0.59 | $0.44 | x |
| 2023-09-30 | $0.46 | $0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altigen Communications Inc 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): -29.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.30%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.23x
- Recent ROE (-29.32%) is below the historical average (-27.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.26% | 0.19% | 1.10x | 1.27x | $-1.04 Million |
| 2014 | -356.00% | -9.29% | 1.91x | 20.04x | $-915.00K |
| 2015 | 42.59% | 6.57% | 1.78x | 3.65x | $492.80K |
| 2016 | -88.55% | -9.90% | 1.66x | 5.40x | $-929.30K |
| 2017 | 28.30% | 4.52% | 1.93x | 3.25x | $245.10K |
| 2018 | 87.76% | 98.38% | 0.70x | 1.28x | $8.72 Million |
| 2019 | 14.56% | 18.03% | 0.70x | 1.15x | $600.60K |
| 2020 | 9.87% | 12.28% | 0.64x | 1.26x | $-19.20K |
| 2021 | -3.39% | -4.47% | 0.64x | 1.18x | $-1.94 Million |
| 2022 | -4.92% | -5.87% | 0.67x | 1.25x | $-2.12 Million |
| 2023 | -29.32% | -24.30% | 0.98x | 1.23x | $-4.46 Million |
Industry Comparison
This section compares Altigen Communications Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altigen Communications Inc (ATGN) | $13.47 Million | 0.26% | 0.18x | $9.26 Million |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |