Vecima Networks Inc
Vecima Networks Inc. engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. It operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver internet connectivity to… Read more
Vecima Networks Inc (VNWTF) - Net Assets
Latest net assets as of December 2025: $211.98 Million USD
Based on the latest financial reports, Vecima Networks Inc (VNWTF) has net assets worth $211.98 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 ($329.90 Million) and total liabilities ($117.92 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 | $211.98 Million |
| % of Total Assets | 64.26% |
| Annual Growth Rate | 9.77% |
| 5-Year Change | 22.1% |
| 10-Year Change | 26.34% |
| Growth Volatility | 22.12 |
Vecima Networks Inc - Net Assets Trend (2003–2025)
This chart illustrates how Vecima Networks 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 Vecima Networks Inc (2003–2025)
The table below shows the annual net assets of Vecima Networks Inc from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $213.57 Million | -9.10% |
| 2024-06-30 | $234.96 Million | +7.95% |
| 2023-06-30 | $217.65 Million | +21.10% |
| 2022-06-30 | $179.73 Million | +2.75% |
| 2021-06-30 | $174.92 Million | -2.69% |
| 2020-06-30 | $179.76 Million | -0.56% |
| 2019-06-30 | $180.77 Million | -4.50% |
| 2018-06-30 | $189.28 Million | +3.86% |
| 2017-06-30 | $182.24 Million | +7.81% |
| 2016-06-30 | $169.04 Million | +11.71% |
| 2015-06-30 | $151.32 Million | +8.50% |
| 2014-06-30 | $139.47 Million | +1.69% |
| 2013-06-30 | $137.15 Million | -2.21% |
| 2012-06-30 | $140.24 Million | +10.52% |
| 2011-06-30 | $126.89 Million | +0.25% |
| 2010-06-30 | $126.57 Million | -1.77% |
| 2009-06-30 | $128.86 Million | +11.12% |
| 2008-06-30 | $115.96 Million | +9.86% |
| 2007-06-30 | $105.56 Million | +38.15% |
| 2006-06-30 | $76.41 Million | +98.32% |
| 2005-06-30 | $38.53 Million | +35.42% |
| 2004-06-30 | $28.45 Million | +3.54% |
| 2003-06-30 | $27.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vecima Networks 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 grown by 18185700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $181.86 Million | 85.15% |
| Common Stock | $24.15 Million | 11.31% |
| Other Comprehensive Income | $7.56 Million | 3.54% |
| Other Components | $1.00 | 0.00% |
| Total Equity | $213.57 Million | 100.00% |
Vecima Networks Inc Competitors by Market Cap
The table below lists competitors of Vecima Networks Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SMTPC EO 305
F:9P4
|
$53.37 Million |
|
Geodrill Ltd
F:7GD
|
$53.37 Million |
|
Ideal Finansal Teknolojiler ve Danismanlik Anonim Sirketi
IS:SKYLP
|
$53.38 Million |
|
Impiana Hotels Bhd
KLSE:7243
|
$53.39 Million |
|
The Klinique Med Clinic PCL
BK:KLINIQ
|
$53.35 Million |
|
AI TRANSPORTATION ACQUISITION CORP Ordinary shares
NASDAQ:AITR
|
$53.34 Million |
|
CTI Traffic Industries Co Ltd
TWO:2230
|
$53.33 Million |
|
STILLW.CRIT.MINERAL CORP.
F:J0G
|
$53.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vecima Networks Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 234,960,000 to 213,569,000, a change of -21,391,000 (-9.1%).
- Net loss of 17,762,000 reduced equity.
- Dividend payments of 5,349,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,684,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.76 Million | -8.32% |
| Dividends Paid | $5.35 Million | -2.5% |
| Other Comprehensive Income | $1.68 Million | +0.79% |
| Other Changes | $35.00K | +0.02% |
| Total Change | $- | -9.10% |
Book Value vs Market Value Analysis
This analysis compares Vecima Networks 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: 0.82x
- 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 5.04x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-06-30 | $1.43 | $7.23 | x |
| 2004-06-30 | $1.89 | $7.23 | x |
| 2005-06-30 | $2.04 | $7.23 | x |
| 2006-06-30 | $3.62 | $7.23 | x |
| 2007-06-30 | $4.67 | $7.23 | x |
| 2008-06-30 | $5.01 | $7.23 | x |
| 2009-06-30 | $5.62 | $7.23 | x |
| 2010-06-30 | $5.55 | $7.23 | x |
| 2011-06-30 | $5.69 | $7.23 | x |
| 2012-06-30 | $6.28 | $7.23 | x |
| 2013-06-30 | $6.14 | $7.23 | x |
| 2014-06-30 | $6.24 | $7.23 | x |
| 2015-06-30 | $6.75 | $7.23 | x |
| 2016-06-30 | $7.53 | $7.23 | x |
| 2017-06-30 | $8.12 | $7.23 | x |
| 2018-06-30 | $8.43 | $7.23 | x |
| 2019-06-30 | $8.08 | $7.23 | x |
| 2020-06-30 | $8.01 | $7.23 | x |
| 2021-06-30 | $7.69 | $7.23 | x |
| 2022-06-30 | $7.78 | $7.23 | x |
| 2023-06-30 | $9.17 | $7.23 | x |
| 2024-06-30 | $9.66 | $7.23 | x |
| 2025-06-30 | $8.78 | $7.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vecima Networks 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): -8.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.21%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.55x
- Recent ROE (-8.32%) is below the historical average (9.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 14.17% | 8.72% | 1.03x | 1.58x | $824.30K |
| 2004 | 30.72% | 19.72% | 0.95x | 1.64x | $5.90 Million |
| 2005 | 26.73% | 16.34% | 1.08x | 1.52x | $6.45 Million |
| 2006 | 13.88% | 13.26% | 0.92x | 1.14x | $2.97 Million |
| 2007 | 19.51% | 21.97% | 0.76x | 1.18x | $10.04 Million |
| 2008 | 10.23% | 9.84% | 0.83x | 1.25x | $268.70K |
| 2009 | 10.28% | 11.59% | 0.77x | 1.15x | $359.10K |
| 2010 | 0.25% | 0.28% | 0.73x | 1.22x | $-12.35 Million |
| 2011 | 0.23% | 0.35% | 0.58x | 1.14x | $-12.39 Million |
| 2012 | 9.46% | 13.86% | 0.59x | 1.16x | $-758.40K |
| 2013 | 13.97% | 21.00% | 0.59x | 1.13x | $5.45 Million |
| 2014 | 17.64% | 27.12% | 0.58x | 1.13x | $10.65 Million |
| 2015 | 10.00% | 16.65% | 0.54x | 1.11x | $4.60K |
| 2016 | 13.00% | 22.34% | 0.53x | 1.10x | $5.06 Million |
| 2017 | 9.90% | 25.26% | 0.37x | 1.06x | $-176.20K |
| 2018 | 5.71% | 13.83% | 0.37x | 1.11x | $-8.13 Million |
| 2019 | -1.91% | -4.07% | 0.42x | 1.11x | $-21.54 Million |
| 2020 | 1.00% | 1.90% | 0.45x | 1.17x | $-16.17 Million |
| 2021 | -0.19% | -0.27% | 0.58x | 1.23x | $-17.82 Million |
| 2022 | 4.83% | 4.65% | 0.71x | 1.46x | $-9.28 Million |
| 2023 | 12.50% | 8.97% | 0.91x | 1.52x | $5.45 Million |
| 2024 | 8.25% | 6.66% | 0.75x | 1.65x | $-4.11 Million |
| 2025 | -8.32% | -6.21% | 0.86x | 1.55x | $-39.12 Million |
Industry Comparison
This section compares Vecima Networks Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vecima Networks Inc (VNWTF) | $211.98 Million | 14.17% | 0.56x | $53.36 Million |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |