Elitegroup Computer Systems Co Ltd
Elitegroup Computer Systems Co.,Ltd., together with its subsidiaries, designs, develops, manufactures, and sells computer equipment in Asia, America, Europe, and internationally. The company offers motherboards, including Intel and AMD platforms, and SoC solutions; desktop computers; notebooks; tablet computers; barebone systems; and graphics cards. It also provides mini PCs under the LIVA brand;… Read more
Elitegroup Computer Systems Co Ltd (2331) - Net Assets
Latest net assets as of September 2025: NT$11.18 Billion TWD
Based on the latest financial reports, Elitegroup Computer Systems Co Ltd (2331) has net assets worth NT$11.18 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$23.17 Billion) and total liabilities (NT$11.99 Billion). 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 | NT$11.18 Billion |
| % of Total Assets | 48.25% |
| Annual Growth Rate | 5.42% |
| 5-Year Change | 6.04% |
| 10-Year Change | -18.66% |
| Growth Volatility | 37.26 |
Elitegroup Computer Systems Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Elitegroup Computer Systems Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Elitegroup Computer Systems Co Ltd (2000–2024)
The table below shows the annual net assets of Elitegroup Computer Systems Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$11.76 Billion | -2.46% |
| 2023-12-31 | NT$12.05 Billion | +4.38% |
| 2022-12-31 | NT$11.55 Billion | +9.85% |
| 2021-12-31 | NT$10.51 Billion | -5.19% |
| 2020-12-31 | NT$11.09 Billion | +0.62% |
| 2019-12-31 | NT$11.02 Billion | -1.37% |
| 2018-12-31 | NT$11.17 Billion | -5.01% |
| 2017-12-31 | NT$11.76 Billion | -1.80% |
| 2016-12-31 | NT$11.98 Billion | -17.15% |
| 2015-12-31 | NT$14.45 Billion | -10.88% |
| 2014-12-31 | NT$16.22 Billion | -11.79% |
| 2013-12-31 | NT$18.39 Billion | -5.77% |
| 2012-12-31 | NT$19.51 Billion | -12.81% |
| 2011-12-31 | NT$22.38 Billion | +5.96% |
| 2010-12-31 | NT$21.12 Billion | -6.60% |
| 2009-12-31 | NT$22.61 Billion | -0.04% |
| 2008-12-31 | NT$22.62 Billion | +0.19% |
| 2007-12-31 | NT$22.58 Billion | +5.29% |
| 2006-12-31 | NT$21.44 Billion | +32.27% |
| 2005-12-31 | NT$16.21 Billion | +26.97% |
| 2004-12-31 | NT$12.77 Billion | +11.35% |
| 2003-12-31 | NT$11.47 Billion | -0.64% |
| 2002-12-31 | NT$11.54 Billion | +25.36% |
| 2001-12-31 | NT$9.21 Billion | +178.14% |
| 2000-12-31 | NT$3.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elitegroup Computer Systems 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 decreased by 63.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$234.63 Million | 2.00% |
| Common Stock | NT$5.57 Billion | 47.45% |
| Other Comprehensive Income | NT$552.15 Million | 4.70% |
| Other Components | NT$5.39 Billion | 45.85% |
| Total Equity | NT$11.75 Billion | 100.00% |
Elitegroup Computer Systems Co Ltd Competitors by Market Cap
The table below lists competitors of Elitegroup Computer Systems Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harson Trading China Co Ltd
SHG:603958
|
$204.99 Million |
|
INSPUR INTL NEW HD-01
F:L1CC
|
$205.06 Million |
|
UniTest Incorporation
KQ:086390
|
$205.11 Million |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
$205.21 Million |
|
Alkyl Amines Chemicals Limited
NSE:ALKYLAMINE
|
$204.91 Million |
|
MT Hoejgaard Holding A/S
CO:MTHH
|
$204.85 Million |
|
American Bitcoin Corp
NASDAQ:ABTC
|
$204.84 Million |
|
Aedas Homes SL
MC:AEDAS
|
$204.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elitegroup Computer Systems Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,043,391,000 to 11,746,194,000, a change of -297,197,000 (-2.5%).
- Net loss of 90,495,000 reduced equity.
- Dividend payments of 557,403,000 reduced retained earnings.
- Other comprehensive income increased equity by 857,595,999.
- Other factors decreased equity by 506,894,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-90.50 Million | -0.77% |
| Dividends Paid | NT$557.40 Million | -4.75% |
| Other Comprehensive Income | NT$857.60 Million | +7.3% |
| Other Changes | NT$-506.89 Million | -4.32% |
| Total Change | NT$- | -2.47% |
Book Value vs Market Value Analysis
This analysis compares Elitegroup Computer Systems 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: 1.12x
- 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 0.56x to 1.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$42.49 | NT$23.70 | x |
| 2007-12-31 | NT$37.28 | NT$23.70 | x |
| 2008-12-31 | NT$39.63 | NT$23.70 | x |
| 2009-12-31 | NT$39.86 | NT$23.70 | x |
| 2010-12-31 | NT$37.55 | NT$23.70 | x |
| 2011-12-31 | NT$39.55 | NT$23.70 | x |
| 2012-12-31 | NT$34.55 | NT$23.70 | x |
| 2013-12-31 | NT$27.25 | NT$23.70 | x |
| 2014-12-31 | NT$31.44 | NT$23.70 | x |
| 2015-12-31 | NT$24.81 | NT$23.70 | x |
| 2016-12-31 | NT$21.19 | NT$23.70 | x |
| 2017-12-31 | NT$20.55 | NT$23.70 | x |
| 2018-12-31 | NT$19.74 | NT$23.70 | x |
| 2019-12-31 | NT$19.63 | NT$23.70 | x |
| 2020-12-31 | NT$19.73 | NT$23.70 | x |
| 2021-12-31 | NT$18.72 | NT$23.70 | x |
| 2022-12-31 | NT$20.47 | NT$23.70 | x |
| 2023-12-31 | NT$21.41 | NT$23.70 | x |
| 2024-12-31 | NT$21.07 | NT$23.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elitegroup Computer Systems 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): -0.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.52%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.02x
- Recent ROE (-0.77%) is below the historical average (6.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 38.53% | 5.90% | 2.04x | 3.20x | NT$903.42 Million |
| 2001 | 26.59% | 7.19% | 1.46x | 2.53x | NT$1.50 Billion |
| 2002 | 25.27% | 4.31% | 2.33x | 2.52x | NT$1.76 Billion |
| 2003 | 4.85% | 0.91% | 1.94x | 2.74x | NT$-590.80 Million |
| 2006 | -6.17% | -1.82% | 1.68x | 2.02x | NT$-3.47 Billion |
| 2007 | 3.79% | 0.91% | 2.05x | 2.04x | NT$-1.40 Billion |
| 2008 | 1.46% | 0.36% | 2.17x | 1.87x | NT$-1.89 Billion |
| 2009 | 3.69% | 1.12% | 1.81x | 1.83x | NT$-1.40 Billion |
| 2010 | 0.71% | 0.22% | 1.86x | 1.75x | NT$-1.94 Billion |
| 2011 | 1.94% | 0.59% | 1.88x | 1.75x | NT$-1.78 Billion |
| 2012 | 1.90% | 0.54% | 1.86x | 1.87x | NT$-1.56 Billion |
| 2013 | 19.94% | 5.71% | 1.83x | 1.91x | NT$1.81 Billion |
| 2014 | 8.62% | 2.48% | 1.72x | 2.02x | NT$-222.07 Million |
| 2015 | 8.02% | 2.38% | 1.84x | 1.83x | NT$-284.30 Million |
| 2016 | -8.00% | -3.16% | 1.28x | 1.98x | NT$-2.13 Billion |
| 2017 | 1.91% | 0.74% | 1.37x | 1.89x | NT$-938.87 Million |
| 2018 | 0.19% | 0.06% | 1.35x | 2.13x | NT$-1.08 Billion |
| 2019 | 0.42% | 0.16% | 1.21x | 2.13x | NT$-1.05 Billion |
| 2020 | 0.56% | 0.24% | 1.09x | 2.16x | NT$-1.04 Billion |
| 2021 | 0.69% | 0.22% | 1.32x | 2.31x | NT$-972.65 Million |
| 2022 | 7.59% | 2.79% | 1.34x | 2.03x | NT$-278.50 Million |
| 2023 | 8.42% | 5.13% | 0.86x | 1.91x | NT$-190.62 Million |
| 2024 | -0.77% | -0.52% | 0.74x | 2.02x | NT$-1.27 Billion |
Industry Comparison
This section compares Elitegroup Computer Systems Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $46,876,781,889
- Average return on equity (ROE) among peers: 2.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elitegroup Computer Systems Co Ltd (2331) | NT$11.18 Billion | 38.53% | 1.07x | $204.97 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |