Compeq Manufacturing Co Ltd (2313) - Net Assets
Based on the latest financial reports, Compeq Manufacturing Co Ltd (2313) has net assets worth NT$44.30 Billion TWD (≈ $1.40 Billion 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$87.00 Billion ≈ $2.74 Billion USD) and total liabilities (NT$42.71 Billion ≈ $1.35 Billion 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 2313 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$44.30 Billion |
| % of Total Assets | 50.91% |
| Annual Growth Rate | 4.43% |
| 5-Year Change | 52.57% |
| 10-Year Change | 114.0% |
| Growth Volatility | 9.61 |
Compeq Manufacturing Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Compeq Manufacturing Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Compeq Manufacturing Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Compeq Manufacturing Co Ltd (2000–2024)
The table below shows the annual net assets of Compeq Manufacturing Co Ltd from 2000 to 2024. For live valuation and market cap data, see Compeq Manufacturing Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$44.47 Billion ≈ $1.40 Billion |
+13.29% |
| 2023-12-31 | NT$39.25 Billion ≈ $1.24 Billion |
+1.38% |
| 2022-12-31 | NT$38.72 Billion ≈ $1.22 Billion |
+19.62% |
| 2021-12-31 | NT$32.37 Billion ≈ $1.02 Billion |
+11.05% |
| 2020-12-31 | NT$29.15 Billion ≈ $918.28 Million |
+13.17% |
| 2019-12-31 | NT$25.75 Billion ≈ $811.42 Million |
+9.63% |
| 2018-12-31 | NT$23.49 Billion ≈ $740.14 Million |
+2.78% |
| 2017-12-31 | NT$22.86 Billion ≈ $720.10 Million |
+12.88% |
| 2016-12-31 | NT$20.25 Billion ≈ $637.91 Million |
-2.56% |
| 2015-12-31 | NT$20.78 Billion ≈ $654.67 Million |
+10.10% |
| 2014-12-31 | NT$18.87 Billion ≈ $594.62 Million |
+10.90% |
| 2013-12-31 | NT$17.02 Billion ≈ $536.20 Million |
+10.42% |
| 2012-12-31 | NT$15.41 Billion ≈ $485.61 Million |
-1.08% |
| 2011-12-31 | NT$15.58 Billion ≈ $490.90 Million |
+9.55% |
| 2010-12-31 | NT$14.22 Billion ≈ $448.09 Million |
-6.32% |
| 2009-12-31 | NT$15.18 Billion ≈ $478.32 Million |
-7.15% |
| 2008-12-31 | NT$16.35 Billion ≈ $515.17 Million |
+4.09% |
| 2007-12-31 | NT$15.71 Billion ≈ $494.92 Million |
+3.45% |
| 2006-12-31 | NT$15.18 Billion ≈ $478.41 Million |
+6.71% |
| 2005-12-31 | NT$14.23 Billion ≈ $448.34 Million |
+22.12% |
| 2004-12-31 | NT$11.65 Billion ≈ $367.12 Million |
-8.71% |
| 2003-12-31 | NT$12.76 Billion ≈ $402.14 Million |
-19.41% |
| 2002-12-31 | NT$15.84 Billion ≈ $499.00 Million |
-7.27% |
| 2001-12-31 | NT$17.08 Billion ≈ $538.10 Million |
+8.74% |
| 2000-12-31 | NT$15.71 Billion ≈ $494.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Compeq Manufacturing Co Ltd'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 275.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$25.64 Billion | 57.66% |
| Common Stock | NT$11.92 Billion | 26.80% |
| Other Components | NT$6.91 Billion | 15.54% |
| Total Equity | NT$44.47 Billion | 100.00% |
Compeq Manufacturing Co Ltd Competitors by Market Cap
The table below lists competitors of Compeq Manufacturing Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Union Technology
TWO:6274
|
$9.19 Billion |
|
LG Innotek Co Ltd
KO:011070
|
$9.19 Billion |
|
CITIC Securities Company Limited
F:CI9
|
$9.19 Billion |
|
Doosan
KO:000150
|
$9.19 Billion |
|
ENN Ecological Holdings Co Ltd
SHG:600803
|
$9.18 Billion |
|
Agree Realty Corporation
NYSE:ADC
|
$9.17 Billion |
|
Toro Co
NYSE:TTC
|
$9.17 Billion |
|
Airtac International Group
TW:1590
|
$9.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Compeq Manufacturing Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,252,569,000 to 44,469,124,000, a change of 5,216,555,000 (13.3%).
- Net income of 5,599,096,000 contributed positively to equity growth.
- Dividend payments of 1,787,731,000 reduced retained earnings.
- Other comprehensive income increased equity by 340,216,999.
- Other factors increased equity by 1,064,973,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.60 Billion | +12.59% |
| Dividends Paid | NT$1.79 Billion | -4.02% |
| Other Comprehensive Income | NT$340.22 Million | +0.77% |
| Other Changes | NT$1.06 Billion | +2.39% |
| Total Change | NT$- | 13.29% |
Book Value vs Market Value Analysis
This analysis compares Compeq Manufacturing Co Ltd'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: 6.57x
- 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 20.25x to 6.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$12.07 | NT$244.50 | x |
| 2007-12-31 | NT$12.61 | NT$244.50 | x |
| 2008-12-31 | NT$13.54 | NT$244.50 | x |
| 2009-12-31 | NT$12.74 | NT$244.50 | x |
| 2010-12-31 | NT$11.93 | NT$244.50 | x |
| 2011-12-31 | NT$13.03 | NT$244.50 | x |
| 2012-12-31 | NT$12.90 | NT$244.50 | x |
| 2013-12-31 | NT$14.26 | NT$244.50 | x |
| 2014-12-31 | NT$15.79 | NT$244.50 | x |
| 2015-12-31 | NT$17.36 | NT$244.50 | x |
| 2016-12-31 | NT$16.89 | NT$244.50 | x |
| 2017-12-31 | NT$19.11 | NT$244.50 | x |
| 2018-12-31 | NT$19.61 | NT$244.50 | x |
| 2019-12-31 | NT$21.52 | NT$244.50 | x |
| 2020-12-31 | NT$24.36 | NT$244.50 | x |
| 2021-12-31 | NT$27.04 | NT$244.50 | x |
| 2022-12-31 | NT$32.30 | NT$244.50 | x |
| 2023-12-31 | NT$32.78 | NT$244.50 | x |
| 2024-12-31 | NT$37.21 | NT$244.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Compeq Manufacturing Co Ltd 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): 12.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.73%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.92x
- Recent ROE (12.59%) is above the historical average (9.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 20.43% | 13.88% | 0.68x | 2.15x | NT$1.64 Billion |
| 2001 | 6.02% | 5.31% | 0.58x | 1.96x | NT$-679.73 Million |
| 2005 | 2.16% | 1.77% | 0.61x | 2.01x | NT$-1.12 Billion |
| 2006 | 8.66% | 5.73% | 0.71x | 2.12x | NT$-203.31 Million |
| 2007 | 4.43% | 3.20% | 0.64x | 2.15x | NT$-875.69 Million |
| 2008 | 0.90% | 0.63% | 0.68x | 2.08x | NT$-1.49 Billion |
| 2009 | -5.23% | -4.23% | 0.58x | 2.12x | NT$-2.31 Billion |
| 2010 | -1.23% | -0.76% | 0.72x | 2.26x | NT$-1.60 Billion |
| 2011 | 6.24% | 4.07% | 0.69x | 2.23x | NT$-586.44 Million |
| 2012 | 5.63% | 3.24% | 0.76x | 2.29x | NT$-673.59 Million |
| 2013 | 10.89% | 6.00% | 0.78x | 2.32x | NT$152.23 Million |
| 2014 | 10.53% | 5.87% | 0.73x | 2.46x | NT$99.28 Million |
| 2015 | 13.80% | 6.46% | 0.86x | 2.48x | NT$789.21 Million |
| 2016 | 8.03% | 3.57% | 0.91x | 2.48x | NT$-399.37 Million |
| 2017 | 15.65% | 6.63% | 0.96x | 2.47x | NT$1.29 Billion |
| 2018 | 10.21% | 4.72% | 0.88x | 2.45x | NT$50.50 Million |
| 2019 | 14.84% | 6.80% | 0.92x | 2.38x | NT$1.25 Billion |
| 2020 | 16.00% | 7.71% | 0.91x | 2.28x | NT$1.75 Billion |
| 2021 | 15.88% | 8.15% | 0.88x | 2.22x | NT$1.90 Billion |
| 2022 | 20.67% | 10.47% | 0.96x | 2.06x | NT$4.13 Billion |
| 2023 | 10.62% | 6.21% | 0.85x | 2.02x | NT$243.12 Million |
| 2024 | 12.59% | 7.73% | 0.85x | 1.92x | NT$1.15 Billion |
Industry Comparison
This section compares Compeq Manufacturing Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $220,992,269,889
- Average return on equity (ROE) among peers: 10.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Compeq Manufacturing Co Ltd (2313) | NT$44.30 Billion | 20.43% | 0.96x | $9.18 Billion |
| Syncmold Enterprise Corp (1582) | $5.72 Billion | 16.46% | 0.75x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $7.52 Billion | 6.47% | 0.78x | $1.78 Billion |
| Delta Electronics Inc (2308) | $225.37 Billion | 14.49% | 0.89x | $177.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.17 Billion | 8.78% | 0.87x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $24.05 Billion | 0.00% | 0.98x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.17 Billion | 3.40% | 0.28x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $16.21 Billion | 15.36% | 0.57x | $641.19 Million |
| Solomon Technology Corp (2359) | $6.55 Billion | 23.24% | 0.67x | $642.50 Million |
About Compeq Manufacturing Co Ltd
Compeq Manufacturing Co., Ltd., together with its subsidiaries, manufactures and sells printed circuit boards for computers in Taiwan, the United States, rest of Asia, Europe, and internationally. The company offers high layer, rigid-flex, flexible, regular multi-layered, and high-density interconnection printed circuit boards. It also provides surface mount technology devices; and module assembl… Read more