Airtac International Group Net Assets
Airtac International Group net assets. Based on the latest financial reports, Airtac International Group (1590) has net assets worth NT$54.82 Billion TWD (≈ $1.73 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$66.03 Billion ≈ $2.08 Billion USD) and total liabilities (NT$11.21 Billion ≈ $353.11 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. Also explore Airtac International Group (1590) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$54.82 Billion |
| % of Total Assets | 83.03% |
| Annual Growth Rate | 20.1% |
| 5-Year Change | 49.6% |
| 10-Year Change | 389.08% |
| Growth Volatility | 23.35 |
Net Assets of Airtac International Group (2007–2025)
Net assets of Airtac International Group from 2007 to 2025. This chart illustrates how Airtac International Group's net assets have evolved over time, based on quarterly financial data. See Airtac International Group balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Airtac International Group (2007–2025)
The table below shows the annual net assets of Airtac International Group from 2007 to 2025. For live market cap and overall valuation, see Airtac International Group market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$52.59 Billion ≈ $1.66 Billion |
+9.79% |
| 2024-12-31 | NT$47.90 Billion ≈ $1.51 Billion |
+12.45% |
| 2023-12-31 | NT$42.60 Billion ≈ $1.34 Billion |
+9.41% |
| 2022-12-31 | NT$38.93 Billion ≈ $1.23 Billion |
+10.76% |
| 2021-12-31 | NT$35.15 Billion ≈ $1.11 Billion |
+56.29% |
| 2020-12-31 | NT$22.49 Billion ≈ $708.59 Million |
+23.64% |
| 2019-12-31 | NT$18.19 Billion ≈ $573.09 Million |
+6.32% |
| 2018-12-31 | NT$17.11 Billion ≈ $539.03 Million |
+7.19% |
| 2017-12-31 | NT$15.96 Billion ≈ $502.89 Million |
+48.45% |
| 2016-12-31 | NT$10.75 Billion ≈ $338.75 Million |
+3.30% |
| 2015-12-31 | NT$10.41 Billion ≈ $327.94 Million |
+3.49% |
| 2014-12-31 | NT$10.06 Billion ≈ $316.88 Million |
+11.21% |
| 2013-12-31 | NT$9.04 Billion ≈ $284.92 Million |
+59.19% |
| 2012-12-31 | NT$5.68 Billion ≈ $178.99 Million |
+3.04% |
| 2011-12-31 | NT$5.51 Billion ≈ $173.71 Million |
+21.63% |
| 2010-12-31 | NT$4.53 Billion ≈ $142.82 Million |
+85.89% |
| 2009-12-31 | NT$2.44 Billion ≈ $76.83 Million |
+19.93% |
| 2008-12-31 | NT$2.03 Billion ≈ $64.06 Million |
+4.52% |
| 2007-12-31 | NT$1.95 Billion ≈ $61.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Airtac International Group'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 6403.9% over the analyzed period, indicating profitable operations and earnings retention.
Airtac International Group Net Assets Breakdown (December 2025)
Airtac International Group net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$35.57 Billion | 67.65% |
| Common Stock | NT$2.00 Billion | 3.80% |
| Other Comprehensive Income | NT$867.60 Million | 1.65% |
| Other Components | NT$14.14 Billion | 26.89% |
| Total Equity | NT$52.58 Billion | 100.00% |
Airtac International Group Competitors by Market Cap
The table below lists competitors of Airtac International Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyundai Engineering & Construction
KO:000720
|
$6.62 Billion |
|
GATX Corporation
NYSE:GATX
|
$6.62 Billion |
|
Bank of Maharashtra
NSE:MAHABANK
|
$6.62 Billion |
|
KION GROUP AG ADRS/1/4
F:KGX1
|
$6.62 Billion |
|
Light & Wonder Inc
AU:LNW
|
$6.61 Billion |
|
APL Apollo Tubes Limited
NSE:APLAPOLLO
|
$6.61 Billion |
|
Taiwan Cement Corp
TW:1101
|
$6.60 Billion |
|
Minera Frisco S.A.B. de C.V
MX:MFRISCOA-1
|
$6.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Airtac International Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 47,892,668,000 to 52,581,178,000, a change of 4,688,510,000 (9.8%).
- Net income of 8,399,832,000 contributed positively to equity growth.
- Dividend payments of 4,001,914,000 reduced retained earnings.
- Other comprehensive income increased equity by 994,966,000.
- Other factors decreased equity by 704,374,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$8.40 Billion | +15.97% |
| Dividends Paid | NT$4.00 Billion | -7.61% |
| Other Comprehensive Income | NT$994.97 Million | +1.89% |
| Other Changes | NT$-704.37 Million | -1.34% |
| Total Change | NT$- | 9.79% |
Book Value vs Market Value Analysis
This analysis compares Airtac International Group'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: 3.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 69.48x to 3.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$15.11 | NT$1050.00 | x |
| 2010-12-31 | NT$28.61 | NT$1050.00 | x |
| 2011-12-31 | NT$31.07 | NT$1050.00 | x |
| 2012-12-31 | NT$32.08 | NT$1050.00 | x |
| 2013-12-31 | NT$51.01 | NT$1050.00 | x |
| 2014-12-31 | NT$54.03 | NT$1050.00 | x |
| 2015-12-31 | NT$55.92 | NT$1050.00 | x |
| 2016-12-31 | NT$58.64 | NT$1050.00 | x |
| 2017-12-31 | NT$86.15 | NT$1050.00 | x |
| 2018-12-31 | NT$89.28 | NT$1050.00 | x |
| 2019-12-31 | NT$95.01 | NT$1050.00 | x |
| 2020-12-31 | NT$117.51 | NT$1050.00 | x |
| 2021-12-31 | NT$183.58 | NT$1050.00 | x |
| 2022-12-31 | NT$194.53 | NT$1050.00 | x |
| 2023-12-31 | NT$212.84 | NT$1050.00 | x |
| 2024-12-31 | NT$239.31 | NT$1050.00 | x |
| 2025-12-31 | NT$262.91 | NT$1050.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Airtac International Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.47%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.09x
- Recent ROE (15.97%) is below the historical average (17.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.31% | 6.69% | 0.02x | 1.90x | NT$-223.88 Million |
| 2010 | 23.57% | 24.19% | 0.64x | 1.52x | NT$598.72 Million |
| 2011 | 25.16% | 23.95% | 0.66x | 1.60x | NT$813.51 Million |
| 2012 | 19.95% | 19.48% | 0.56x | 1.83x | NT$550.54 Million |
| 2013 | 19.22% | 23.43% | 0.50x | 1.63x | NT$820.22 Million |
| 2014 | 17.88% | 21.13% | 0.44x | 1.91x | NT$780.20 Million |
| 2015 | 13.33% | 15.55% | 0.41x | 2.09x | NT$341.69 Million |
| 2016 | 18.03% | 18.06% | 0.46x | 2.16x | NT$854.65 Million |
| 2017 | 20.69% | 24.06% | 0.47x | 1.81x | NT$1.70 Billion |
| 2018 | 16.61% | 18.20% | 0.45x | 2.05x | NT$1.13 Billion |
| 2019 | 15.00% | 17.15% | 0.40x | 2.20x | NT$908.25 Million |
| 2020 | 21.55% | 25.36% | 0.46x | 1.84x | NT$2.60 Billion |
| 2021 | 18.33% | 25.36% | 0.53x | 1.36x | NT$2.93 Billion |
| 2022 | 15.45% | 23.06% | 0.48x | 1.40x | NT$2.12 Billion |
| 2023 | 16.36% | 23.35% | 0.51x | 1.36x | NT$2.71 Billion |
| 2024 | 15.92% | 24.87% | 0.53x | 1.20x | NT$2.83 Billion |
| 2025 | 15.97% | 24.47% | 0.60x | 1.09x | NT$3.14 Billion |
Industry Comparison
This section compares Airtac International Group's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $9,387,376,222
- Average return on equity (ROE) among peers: 7.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Airtac International Group (1590) | NT$54.82 Billion | 0.31% | 0.20x | $6.62 Billion |
| TECO Electric & Machinery Co Ltd (1504) | $61.70 Billion | 5.22% | 0.61x | $4.80 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $6.85 Billion | 6.20% | 1.66x | $2.28 Billion |
| Anderson Industrial Corp (1528) | $1.16 Billion | 0.00% | 1.16x | $166.67 Million |
| Awea Mechantronic Co Ltd (1530) | $567.80 Million | 10.65% | 0.62x | $80.02 Million |
| Kaulin Mfg (1531) | $3.64 Billion | 12.56% | 0.36x | $64.55 Million |
| Chiu Ting Machinery Co Ltd (1539) | $934.09 Million | 3.89% | 1.22x | $31.10 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.44 Billion | 8.02% | 0.15x | $48.34 Million |
| Sinmag Equipment (1580) | $2.71 Billion | 12.44% | 0.37x | $147.67 Million |
| Goodway Machine Corp (1583) | $5.48 Billion | 4.51% | 1.17x | $160.62 Million |
About Airtac International Group
Airtac International Group manufactures and sells pneumatic control components in Taiwan and internationally. The company offers preparation units and control components comprising solenoid, pneumatic and flow control, ordinary coils, and other valves. It also provides actuators, such as standard, mini, compact, slide table, guided, rodless magnetic, clamp, free mount, and rotary table cylinders;… Read more