Solytech Enterprise Corp (1471) - Net Assets
Based on the latest financial reports, Solytech Enterprise Corp (1471) has net assets worth NT$1.52 Billion TWD (≈ $47.96 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 (NT$1.64 Billion ≈ $51.81 Million USD) and total liabilities (NT$122.33 Million ≈ $3.85 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 1471 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.52 Billion |
| % of Total Assets | 92.56% |
| Annual Growth Rate | 0.94% |
| 5-Year Change | 47.02% |
| 10-Year Change | -32.85% |
| Growth Volatility | 24.28 |
Solytech Enterprise Corp - Net Assets Trend (2002–2024)
This chart illustrates how Solytech Enterprise Corp's net assets have evolved over time, based on quarterly financial data. Also explore Solytech Enterprise Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Solytech Enterprise Corp (2002–2024)
The table below shows the annual net assets of Solytech Enterprise Corp from 2002 to 2024. For live valuation and market cap data, see Solytech Enterprise Corp (1471) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.53 Billion ≈ $48.33 Million |
+2.08% |
| 2023-12-31 | NT$1.50 Billion ≈ $47.34 Million |
-5.22% |
| 2022-12-31 | NT$1.59 Billion ≈ $49.95 Million |
+54.49% |
| 2021-12-31 | NT$1.03 Billion ≈ $32.33 Million |
-1.64% |
| 2020-12-31 | NT$1.04 Billion ≈ $32.87 Million |
+60.83% |
| 2019-12-31 | NT$648.76 Million ≈ $20.44 Million |
-35.44% |
| 2018-12-31 | NT$1.00 Billion ≈ $31.66 Million |
-24.91% |
| 2017-12-31 | NT$1.34 Billion ≈ $42.16 Million |
-24.66% |
| 2016-12-31 | NT$1.78 Billion ≈ $55.97 Million |
-22.24% |
| 2015-12-31 | NT$2.28 Billion ≈ $71.97 Million |
-14.03% |
| 2014-12-31 | NT$2.66 Billion ≈ $83.72 Million |
+0.23% |
| 2013-12-31 | NT$2.65 Billion ≈ $83.53 Million |
+4.18% |
| 2012-12-31 | NT$2.54 Billion ≈ $80.18 Million |
-11.86% |
| 2011-12-31 | NT$2.89 Billion ≈ $90.97 Million |
+1.31% |
| 2010-12-31 | NT$2.85 Billion ≈ $89.79 Million |
+8.68% |
| 2009-12-31 | NT$2.62 Billion ≈ $82.62 Million |
+32.09% |
| 2008-12-31 | NT$1.99 Billion ≈ $62.55 Million |
-11.49% |
| 2007-12-31 | NT$2.24 Billion ≈ $70.67 Million |
+37.89% |
| 2006-12-31 | NT$1.63 Billion ≈ $51.25 Million |
-5.92% |
| 2005-12-31 | NT$1.73 Billion ≈ $54.47 Million |
+19.91% |
| 2004-12-31 | NT$1.44 Billion ≈ $45.43 Million |
+8.92% |
| 2003-12-31 | NT$1.32 Billion ≈ $41.71 Million |
+6.04% |
| 2002-12-31 | NT$1.25 Billion ≈ $39.33 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Solytech Enterprise Corp'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 73949000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.50 Billion | 103.14% |
| Other Comprehensive Income | NT$108.18 Million | 7.42% |
| Other Components | NT$585.48 Million | 40.15% |
| Total Equity | NT$1.46 Billion | 100.00% |
Solytech Enterprise Corp Competitors by Market Cap
The table below lists competitors of Solytech Enterprise Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wiener Privatbank SE
VI:WPB
|
$53.55 Million |
|
Kingston Resources Ltd
AU:KSN
|
$53.56 Million |
|
Botnia Gold AB (publ)
ST:BOTX
|
$53.57 Million |
|
Airmate Cayman International Co Ltd
TW:1626
|
$53.57 Million |
|
EgnsINVEST Ejendomme Tyskland A/S
CO:EGNETY
|
$53.54 Million |
|
International Conveyors Limited
NSE:INTLCONV
|
$53.53 Million |
|
Baolong International Co Ltd
TW:1906
|
$53.52 Million |
|
Adolfo Dominguez SA
MC:ADZ
|
$53.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solytech Enterprise Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,429,403,000 to 1,458,311,000, a change of 28,908,000 (2.0%).
- Net income of 6,594,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 19,150,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$6.59 Million | +0.45% |
| Other Comprehensive Income | NT$19.15 Million | +1.31% |
| Other Changes | NT$3.16 Million | +0.22% |
| Total Change | NT$- | 2.02% |
Book Value vs Market Value Analysis
This analysis compares Solytech Enterprise Corp'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: 1.17x
- 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 0.69x to 1.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$16.30 | NT$11.30 | x |
| 2010-12-31 | NT$15.06 | NT$11.30 | x |
| 2011-12-31 | NT$14.33 | NT$11.30 | x |
| 2012-12-31 | NT$12.63 | NT$11.30 | x |
| 2013-12-31 | NT$13.16 | NT$11.30 | x |
| 2014-12-31 | NT$13.19 | NT$11.30 | x |
| 2015-12-31 | NT$11.34 | NT$11.30 | x |
| 2016-12-31 | NT$8.70 | NT$11.30 | x |
| 2017-12-31 | NT$6.85 | NT$11.30 | x |
| 2018-12-31 | NT$6.68 | NT$11.30 | x |
| 2019-12-31 | NT$4.31 | NT$11.30 | x |
| 2020-12-31 | NT$6.94 | NT$11.30 | x |
| 2021-12-31 | NT$6.82 | NT$11.30 | x |
| 2022-12-31 | NT$10.04 | NT$11.30 | x |
| 2023-12-31 | NT$9.50 | NT$11.30 | x |
| 2024-12-31 | NT$9.70 | NT$11.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solytech Enterprise Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.37%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.17x
- Recent ROE (0.45%) is above the historical average (-6.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.53% | 1.02% | 0.82x | 1.83x | NT$-105.69 Million |
| 2003 | 5.41% | 2.76% | 1.36x | 1.44x | NT$-60.78 Million |
| 2004 | 8.19% | 3.28% | 1.49x | 1.68x | NT$-26.12 Million |
| 2007 | 1.01% | 0.34% | 1.25x | 2.36x | NT$-201.56 Million |
| 2009 | 7.34% | 2.26% | 1.77x | 1.84x | NT$-69.63 Million |
| 2010 | -4.49% | -1.56% | 1.93x | 1.49x | NT$-412.95 Million |
| 2011 | -3.30% | -1.36% | 1.53x | 1.59x | NT$-384.14 Million |
| 2012 | -11.54% | -4.55% | 1.58x | 1.60x | NT$-548.07 Million |
| 2013 | 1.18% | 0.55% | 1.53x | 1.39x | NT$-233.96 Million |
| 2014 | -2.96% | -2.04% | 1.11x | 1.31x | NT$-344.37 Million |
| 2015 | -15.70% | -20.60% | 0.63x | 1.21x | NT$-587.02 Million |
| 2016 | -21.97% | -32.44% | 0.49x | 1.38x | NT$-560.33 Million |
| 2017 | -33.83% | -35.50% | 0.57x | 1.66x | NT$-584.35 Million |
| 2018 | -31.82% | -24.93% | 0.76x | 1.68x | NT$-420.23 Million |
| 2019 | -54.95% | -38.33% | 0.73x | 1.95x | NT$-421.42 Million |
| 2020 | 37.96% | 36.49% | 0.68x | 1.53x | NT$291.76 Million |
| 2021 | -1.81% | -5.21% | 0.30x | 1.16x | NT$-121.17 Million |
| 2022 | -10.41% | -66.10% | 0.14x | 1.15x | NT$-308.38 Million |
| 2023 | -3.02% | -16.82% | 0.16x | 1.16x | NT$-186.10 Million |
| 2024 | 0.45% | 2.37% | 0.16x | 1.17x | NT$-139.24 Million |
Industry Comparison
This section compares Solytech Enterprise Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $41,369,240,111
- Average return on equity (ROE) among peers: 1.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solytech Enterprise Corp (1471) | NT$1.52 Billion | 1.53% | 0.08x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About Solytech Enterprise Corp
Solytech Enterprise Corporation manufactures and sells power supplies, computer cases, and electronic components in Taiwan, Mainland China, the United States, and internationally. The company offers chassis, such as gaming, microATX, slim microATX, mini-ITX, and ATX cases chassis, as well as rackmount chassis; air purification components; and power cords and adapters for RV camp power, marine sho… Read more