ZTEST Electronics Inc
ZTEST Electronics Inc., through its subsidiary, Permatech Electronics Corporation, designs, develops, and assembles printed circuit boards in Canada. It also provides electronic manufacturing, materials management, and testing services. The company serves customers in the medical, power, mining, computer, telecommunication, wireless, industrial, trucking, wearables, and consumer electronics marke… Read more
ZTEST Electronics Inc (ZTSTF) - Net Assets
Latest net assets as of December 2025: $6.53 Million USD
Based on the latest financial reports, ZTEST Electronics Inc (ZTSTF) has net assets worth $6.53 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 ($7.87 Million) and total liabilities ($1.35 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 | $6.53 Million |
| % of Total Assets | 82.91% |
| Annual Growth Rate | 4.53% |
| 5-Year Change | 478.1% |
| 10-Year Change | 454.42% |
| Growth Volatility | 92.18 |
ZTEST Electronics Inc - Net Assets Trend (1997–2025)
This chart illustrates how ZTEST Electronics 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 ZTEST Electronics Inc (1997–2025)
The table below shows the annual net assets of ZTEST Electronics Inc from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $5.81 Million | +29.13% |
| 2024-06-30 | $4.50 Million | +306.06% |
| 2023-06-30 | $1.11 Million | +25.39% |
| 2022-06-30 | $883.16K | -12.07% |
| 2021-06-30 | $1.00 Million | +31.35% |
| 2020-06-30 | $764.70K | -42.25% |
| 2019-06-30 | $1.32 Million | -8.19% |
| 2018-06-30 | $1.44 Million | +56.62% |
| 2017-06-30 | $920.82K | -12.08% |
| 2016-06-30 | $1.05 Million | -0.26% |
| 2015-06-30 | $1.05 Million | +128.59% |
| 2014-06-30 | $459.37K | +10.29% |
| 2013-06-30 | $416.52K | +647.41% |
| 2012-06-30 | $-76.09K | +83.77% |
| 2011-06-30 | $-468.87K | +11.66% |
| 2010-06-30 | $-530.75K | +42.20% |
| 2009-06-30 | $-918.20K | -13.36% |
| 2008-06-30 | $-809.98K | +23.24% |
| 2007-06-30 | $-1.06 Million | +14.71% |
| 2006-06-30 | $-1.24 Million | +54.00% |
| 2005-06-30 | $-2.69 Million | +24.34% |
| 2004-06-30 | $-3.55 Million | -7.20% |
| 2003-06-30 | $-3.32 Million | -21.01% |
| 2002-06-30 | $-2.74 Million | -68.74% |
| 2001-06-30 | $-1.62 Million | -144.91% |
| 2000-06-30 | $3.62 Million | +9.96% |
| 1999-06-30 | $3.29 Million | -4.38% |
| 1998-06-30 | $3.44 Million | +104.73% |
| 1997-06-30 | $1.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZTEST Electronics 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 1983958700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $25.08 Million | 431.94% |
| Other Components | $2.38 Million | 41.05% |
| Total Equity | $5.81 Million | 100.00% |
ZTEST Electronics Inc Competitors by Market Cap
The table below lists competitors of ZTEST Electronics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ArcWest Exploration Inc
PINK:SJRNF
|
$4.37 Million |
|
Afarak Group Oyj
HE:AFAGR
|
$4.37 Million |
|
7KU
F:7KU
|
$4.37 Million |
|
Humax Holdings Co. Ltd
KQ:028080
|
$4.37 Million |
|
Carasso
TA:CRSO
|
$4.37 Million |
|
NSC Groupe SA
PA:ALNSC
|
$4.37 Million |
|
RKEC Projects Limited
NSE:RKEC
|
$4.37 Million |
|
Pure Energy Minerals Limited
OTCQB:PEMIF
|
$4.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZTEST Electronics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,496,718 to 5,806,617, a change of 1,309,899 (29.1%).
- Net income of 1,088,750 contributed positively to equity growth.
- Share repurchases of 78,073 reduced equity.
- New share issuances of 90,000 increased equity.
- Other comprehensive income decreased equity by 444,229.
- Other factors increased equity by 653,451.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.09 Million | +18.75% |
| Share Repurchases | $78.07K | -1.34% |
| Share Issuances | $90.00K | +1.55% |
| Other Comprehensive Income | $-444.23K | -7.65% |
| Other Changes | $653.45K | +11.25% |
| Total Change | $- | 29.13% |
Book Value vs Market Value Analysis
This analysis compares ZTEST Electronics 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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.14x to 1.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-06-30 | $1.09 | $0.16 | x |
| 1998-06-30 | $2.56 | $0.16 | x |
| 1999-06-30 | $2.17 | $0.16 | x |
| 2000-06-30 | $2.52 | $0.16 | x |
| 2001-06-30 | $-0.90 | $0.16 | x |
| 2002-06-30 | $-1.20 | $0.16 | x |
| 2003-06-30 | $-1.25 | $0.16 | x |
| 2004-06-30 | $-1.03 | $0.16 | x |
| 2005-06-30 | $-0.85 | $0.16 | x |
| 2006-06-30 | $-0.28 | $0.16 | x |
| 2007-06-30 | $-0.21 | $0.16 | x |
| 2008-06-30 | $-0.16 | $0.16 | x |
| 2009-06-30 | $-0.18 | $0.16 | x |
| 2010-06-30 | $-0.10 | $0.16 | x |
| 2011-06-30 | $-0.08 | $0.16 | x |
| 2012-06-30 | $-0.01 | $0.16 | x |
| 2013-06-30 | $0.04 | $0.16 | x |
| 2014-06-30 | $0.04 | $0.16 | x |
| 2015-06-30 | $0.10 | $0.16 | x |
| 2016-06-30 | $0.10 | $0.16 | x |
| 2017-06-30 | $0.05 | $0.16 | x |
| 2018-06-30 | $0.08 | $0.16 | x |
| 2019-06-30 | $0.06 | $0.16 | x |
| 2020-06-30 | $0.04 | $0.16 | x |
| 2021-06-30 | $0.04 | $0.16 | x |
| 2022-06-30 | $0.03 | $0.16 | x |
| 2023-06-30 | $0.04 | $0.16 | x |
| 2024-06-30 | $0.15 | $0.16 | x |
| 2025-06-30 | $0.15 | $0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZTEST Electronics 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): 18.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.09%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 1.24x
- Recent ROE (18.75%) is above the historical average (-14.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -44.21% | -41.72% | 0.73x | 1.46x | $-657.82K |
| 1998 | -17.71% | -17.56% | 0.60x | 1.67x | $-953.12K |
| 1999 | -22.13% | -16.18% | 0.67x | 2.05x | $-984.78K |
| 2000 | -226.67% | -583.78% | 0.21x | 1.85x | $-8.56 Million |
| 2001 | 0.00% | -149.84% | 2.80x | 0.00x | $-8.65 Million |
| 2002 | 0.00% | -137.06% | 0.94x | 0.00x | $-1.81 Million |
| 2003 | 0.00% | -28.52% | 2.08x | 0.00x | $-208.26K |
| 2004 | 0.00% | -14.83% | 2.21x | 0.00x | $-12.73K |
| 2005 | 0.00% | -3.76% | 1.96x | 0.00x | $141.81K |
| 2006 | 0.00% | -2.05% | 1.74x | 0.00x | $62.71K |
| 2007 | 0.00% | 9.02% | 2.34x | 0.00x | $415.56K |
| 2008 | 0.00% | 5.85% | 2.56x | 0.00x | $318.96K |
| 2009 | 0.00% | -5.72% | 1.62x | 0.00x | $-104.84K |
| 2010 | 0.00% | 9.92% | 1.70x | 0.00x | $433.69K |
| 2011 | 0.00% | -4.50% | 1.90x | 0.00x | $-133.47K |
| 2012 | 0.00% | 8.59% | 1.95x | 0.00x | $400.39K |
| 2013 | 35.61% | 3.22% | 2.11x | 5.22x | $106.67K |
| 2014 | -4.04% | -0.46% | 1.91x | 4.57x | $-64.52K |
| 2015 | 53.36% | 14.20% | 2.23x | 1.69x | $455.33K |
| 2016 | -4.06% | -1.01% | 2.46x | 1.63x | $-147.29K |
| 2017 | -54.07% | -13.26% | 2.11x | 1.94x | $-589.96K |
| 2018 | -61.28% | -23.98% | 1.66x | 1.54x | $-1.03 Million |
| 2019 | -25.99% | -7.82% | 1.94x | 1.71x | $-476.59K |
| 2020 | -107.07% | -21.05% | 2.15x | 2.36x | $-895.21K |
| 2021 | 4.56% | 1.14% | 1.28x | 3.11x | $-54.68K |
| 2022 | -30.22% | -6.04% | 1.43x | 3.49x | $-355.19K |
| 2023 | 14.92% | 2.90% | 1.45x | 3.56x | $54.53K |
| 2024 | 38.99% | 17.97% | 1.39x | 1.56x | $1.30 Million |
| 2025 | 18.75% | 13.09% | 1.16x | 1.24x | $508.09K |
Industry Comparison
This section compares ZTEST Electronics Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZTEST Electronics Inc (ZTSTF) | $6.53 Million | -44.21% | 0.21x | $4.37 Million |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |