Microtek International Inc (2305) - Net Assets
Based on the latest financial reports, Microtek International Inc (2305) has net assets worth NT$2.29 Billion TWD (≈ $72.21 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$2.86 Billion ≈ $90.16 Million USD) and total liabilities (NT$569.67 Million ≈ $17.95 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 Microtek International Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.29 Billion |
| % of Total Assets | 80.09% |
| Annual Growth Rate | -2.0% |
| 5-Year Change | 5.04% |
| 10-Year Change | 9.78% |
| Growth Volatility | 16.17 |
Microtek International Inc - Net Assets Trend (2000–2024)
This chart illustrates how Microtek International Inc's net assets have evolved over time, based on quarterly financial data. See 2305 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Microtek International Inc (2000–2024)
The table below shows the annual net assets of Microtek International Inc from 2000 to 2024. For live valuation and market cap data, see 2305 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.33 Billion ≈ $73.30 Million |
+4.32% |
| 2023-12-31 | NT$2.23 Billion ≈ $70.26 Million |
-0.01% |
| 2022-12-31 | NT$2.23 Billion ≈ $70.27 Million |
+0.56% |
| 2021-12-31 | NT$2.22 Billion ≈ $69.88 Million |
+0.13% |
| 2020-12-31 | NT$2.21 Billion ≈ $69.78 Million |
+1.13% |
| 2019-12-31 | NT$2.19 Billion ≈ $69.00 Million |
-1.89% |
| 2018-12-31 | NT$2.23 Billion ≈ $70.34 Million |
-2.50% |
| 2017-12-31 | NT$2.29 Billion ≈ $72.14 Million |
+29.13% |
| 2016-12-31 | NT$1.77 Billion ≈ $55.87 Million |
-16.33% |
| 2015-12-31 | NT$2.12 Billion ≈ $66.77 Million |
+46.60% |
| 2014-12-31 | NT$1.45 Billion ≈ $45.55 Million |
+27.57% |
| 2013-12-31 | NT$1.13 Billion ≈ $35.70 Million |
-1.00% |
| 2012-12-31 | NT$1.14 Billion ≈ $36.06 Million |
-7.21% |
| 2011-12-31 | NT$1.23 Billion ≈ $38.86 Million |
+10.43% |
| 2010-12-31 | NT$1.12 Billion ≈ $35.20 Million |
-8.51% |
| 2009-12-31 | NT$1.22 Billion ≈ $38.47 Million |
-18.17% |
| 2008-12-31 | NT$1.49 Billion ≈ $47.01 Million |
-7.42% |
| 2007-12-31 | NT$1.61 Billion ≈ $50.79 Million |
-3.29% |
| 2006-12-31 | NT$1.67 Billion ≈ $52.51 Million |
+1.26% |
| 2005-12-31 | NT$1.65 Billion ≈ $51.86 Million |
-5.27% |
| 2004-12-31 | NT$1.74 Billion ≈ $54.74 Million |
-29.30% |
| 2003-12-31 | NT$2.46 Billion ≈ $77.43 Million |
-9.96% |
| 2002-12-31 | NT$2.73 Billion ≈ $86.00 Million |
-5.07% |
| 2001-12-31 | NT$2.88 Billion ≈ $90.59 Million |
-23.92% |
| 2000-12-31 | NT$3.78 Billion ≈ $119.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Microtek International 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 3340500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$2.06 Billion | 91.35% |
| Other Comprehensive Income | NT$277.84 Million | 12.34% |
| Total Equity | NT$2.25 Billion | 100.00% |
Microtek International Inc Competitors by Market Cap
The table below lists competitors of Microtek International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amaero Ltd
AU:3DA
|
$195.46 Million |
|
Kolmar Holding
KO:024720
|
$195.47 Million |
|
Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS
IS:INDES
|
$195.53 Million |
|
Taigen Biopharmaceuticals Holdings Ltd
TWO:4157
|
$195.56 Million |
|
Embention Sistemas Inteligentes S.A.
PA:MLUAV
|
$195.34 Million |
|
Crawford & Company
NYSE:CRD-B
|
$195.34 Million |
|
First Hotel Co Ltd
TW:2706
|
$195.33 Million |
|
Korea Asset In Trust Co Ltd
KO:123890
|
$195.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microtek International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,174,031,000 to 2,251,258,000, a change of 77,227,000 (3.6%).
- Net income of 27,800,000 contributed positively to equity growth.
- Dividend payments of 41,295,000 reduced retained earnings.
- Other comprehensive income increased equity by 42,109,000.
- Other factors increased equity by 48,613,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$27.80 Million | +1.23% |
| Dividends Paid | NT$41.30 Million | -1.83% |
| Other Comprehensive Income | NT$42.11 Million | +1.87% |
| Other Changes | NT$48.61 Million | +2.16% |
| Total Change | NT$- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares Microtek International 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: 2.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.19x to 2.70x 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$5.90 | NT$30.60 | x |
| 2010-12-31 | NT$5.35 | NT$30.60 | x |
| 2011-12-31 | NT$5.89 | NT$30.60 | x |
| 2012-12-31 | NT$5.43 | NT$30.60 | x |
| 2013-12-31 | NT$5.44 | NT$30.60 | x |
| 2014-12-31 | NT$6.99 | NT$30.60 | x |
| 2015-12-31 | NT$10.29 | NT$30.60 | x |
| 2016-12-31 | NT$8.58 | NT$30.60 | x |
| 2017-12-31 | NT$11.10 | NT$30.60 | x |
| 2018-12-31 | NT$10.82 | NT$30.60 | x |
| 2019-12-31 | NT$10.62 | NT$30.60 | x |
| 2020-12-31 | NT$10.73 | NT$30.60 | x |
| 2021-12-31 | NT$10.72 | NT$30.60 | x |
| 2022-12-31 | NT$10.77 | NT$30.60 | x |
| 2023-12-31 | NT$10.72 | NT$30.60 | x |
| 2024-12-31 | NT$11.34 | NT$30.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microtek International Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.88%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.32x
- Recent ROE (1.23%) is above the historical average (1.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.45% | 3.68% | 0.81x | 2.15x | NT$-125.83 Million |
| 2002 | 1.87% | 0.66% | 1.08x | 2.62x | NT$-221.91 Million |
| 2006 | 0.61% | 0.72% | 0.45x | 1.85x | NT$-156.58 Million |
| 2007 | 0.17% | 0.20% | 0.65x | 1.31x | NT$-158.49 Million |
| 2009 | -22.61% | -29.17% | 0.52x | 1.49x | NT$-390.14 Million |
| 2010 | -9.06% | -13.34% | 0.43x | 1.58x | NT$-206.88 Million |
| 2011 | 4.30% | 6.11% | 0.44x | 1.60x | NT$-67.98 Million |
| 2012 | -3.99% | -5.61% | 0.40x | 1.76x | NT$-153.92 Million |
| 2013 | -4.43% | -6.90% | 0.36x | 1.78x | NT$-159.04 Million |
| 2014 | 10.81% | 19.17% | 0.36x | 1.55x | NT$11.46 Million |
| 2015 | 12.34% | 31.84% | 0.26x | 1.49x | NT$48.92 Million |
| 2016 | 0.92% | 2.24% | 0.25x | 1.62x | NT$-157.90 Million |
| 2017 | 22.91% | 79.72% | 0.22x | 1.29x | NT$290.44 Million |
| 2018 | -0.89% | -3.32% | 0.22x | 1.19x | NT$-238.77 Million |
| 2019 | 0.28% | 1.18% | 0.18x | 1.34x | NT$-209.27 Million |
| 2020 | 0.77% | 2.86% | 0.20x | 1.33x | NT$-200.79 Million |
| 2021 | 0.92% | 3.19% | 0.22x | 1.31x | NT$-197.39 Million |
| 2022 | 0.86% | 3.39% | 0.19x | 1.35x | NT$-199.46 Million |
| 2023 | 0.31% | 1.18% | 0.20x | 1.32x | NT$-210.60 Million |
| 2024 | 1.23% | 3.88% | 0.24x | 1.32x | NT$-197.33 Million |
Industry Comparison
This section compares Microtek International Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $35,976,695,222
- Average return on equity (ROE) among peers: 5.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microtek International Inc (2305) | NT$2.29 Billion | 6.45% | 0.25x | $195.44 Million |
| Solytech Enterprise Corp (1471) | $2.65 Billion | 1.18% | 0.39x | $54.97 Million |
| Lite-On Technology Corp (2301) | $74.14 Billion | 13.51% | 1.37x | $15.02 Billion |
| Kinpo Electronics Inc (2312) | $17.40 Billion | 0.68% | 1.29x | $1.65 Billion |
| CMC Magnetics Corp (2323) | $16.86 Billion | -6.42% | 0.39x | $386.11 Million |
| Compal Electronics Inc (2324) | $31.11 Billion | 0.00% | 0.62x | $5.12 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $9.21 Billion | 26.14% | 1.49x | $390.74 Million |
| Ritek Corp (2349) | $33.11 Billion | -3.94% | 0.65x | $298.32 Million |
| Qisda Corp (2352) | $58.96 Billion | 8.46% | 1.90x | $1.53 Billion |
| Acer Inc (2353) | $80.34 Billion | 6.14% | 1.60x | $3.31 Billion |
About Microtek International Inc
Microtek International, Inc., together with its subsidiaries, designs, manufactures, and sells smart scanners and computer information peripherals in China and internationally. It operates through two segments, Image Scanner and Optoelectronics. The company offers NDT/RT film digitizers, line cameras, industrial inspections, and NTR inspecting software; software products, including digital archiv… Read more