D-Link Corp (2332) - Net Assets
Based on the latest financial reports, D-Link Corp (2332) has net assets worth NT$10.75 Billion TWD (≈ $338.79 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$15.82 Billion ≈ $498.53 Million USD) and total liabilities (NT$5.07 Billion ≈ $159.74 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 financial resilience of D-Link Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.75 Billion |
| % of Total Assets | 67.96% |
| Annual Growth Rate | 0.94% |
| 5-Year Change | 19.45% |
| 10-Year Change | 8.28% |
| Growth Volatility | 10.86 |
D-Link Corp - Net Assets Trend (2000–2025)
This chart illustrates how D-Link Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of D-Link Corp for the complete picture of this company's asset base.
Annual Net Assets for D-Link Corp (2000–2025)
The table below shows the annual net assets of D-Link Corp from 2000 to 2025. For live valuation and market cap data, see how much is D-Link Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$10.75 Billion ≈ $338.79 Million |
-6.49% |
| 2024-12-31 | NT$11.50 Billion ≈ $362.32 Million |
-0.82% |
| 2023-12-31 | NT$11.60 Billion ≈ $365.33 Million |
+21.28% |
| 2022-12-31 | NT$9.56 Billion ≈ $301.24 Million |
+6.21% |
| 2021-12-31 | NT$9.00 Billion ≈ $283.62 Million |
-7.58% |
| 2020-12-31 | NT$9.74 Billion ≈ $306.87 Million |
+9.12% |
| 2019-12-31 | NT$8.93 Billion ≈ $281.22 Million |
-7.18% |
| 2018-12-31 | NT$9.62 Billion ≈ $302.99 Million |
+2.22% |
| 2017-12-31 | NT$9.41 Billion ≈ $296.40 Million |
-5.26% |
| 2016-12-31 | NT$9.93 Billion ≈ $312.87 Million |
-10.09% |
| 2015-12-31 | NT$11.05 Billion ≈ $348.00 Million |
-16.33% |
| 2014-12-31 | NT$13.20 Billion ≈ $415.92 Million |
-2.90% |
| 2013-12-31 | NT$13.60 Billion ≈ $428.36 Million |
-1.99% |
| 2012-12-31 | NT$13.87 Billion ≈ $437.08 Million |
-3.85% |
| 2011-12-31 | NT$14.43 Billion ≈ $454.57 Million |
-2.20% |
| 2010-12-31 | NT$14.75 Billion ≈ $464.81 Million |
-1.66% |
| 2009-12-31 | NT$15.00 Billion ≈ $472.64 Million |
+9.51% |
| 2008-12-31 | NT$13.70 Billion ≈ $431.61 Million |
-11.44% |
| 2007-12-31 | NT$15.47 Billion ≈ $487.37 Million |
-12.78% |
| 2006-12-31 | NT$17.74 Billion ≈ $558.81 Million |
+26.08% |
| 2005-12-31 | NT$14.07 Billion ≈ $443.20 Million |
+20.62% |
| 2004-12-31 | NT$11.66 Billion ≈ $367.43 Million |
+14.97% |
| 2003-12-31 | NT$10.14 Billion ≈ $319.57 Million |
+5.58% |
| 2002-12-31 | NT$9.61 Billion ≈ $302.67 Million |
+3.54% |
| 2001-12-31 | NT$9.28 Billion ≈ $292.33 Million |
+9.07% |
| 2000-12-31 | NT$8.51 Billion ≈ $268.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to D-Link 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 157.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$6.02 Billion | 72.60% |
| Other Comprehensive Income | NT$1.77 Billion | 21.31% |
| Other Components | NT$993.10 Million | 11.97% |
| Total Equity | NT$8.30 Billion | 100.00% |
D-Link Corp Competitors by Market Cap
The table below lists competitors of D-Link Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alector Inc
NASDAQ:ALEC
|
$260.46 Million |
|
Aten International Co Ltd
TW:6277
|
$260.47 Million |
|
Able C&C
KO:078520
|
$260.54 Million |
|
Taita Chemical Co Ltd
TW:1309
|
$260.54 Million |
|
Columbus Circle Capital Corp I Class A Ordinary Shares
NASDAQ:CCCM
|
$260.39 Million |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ
|
$260.37 Million |
|
Beetaloo Energy Australia Limited
AU:BTL
|
$260.37 Million |
|
Vista Gold Corporation
NYSE MKT:VGZ
|
$260.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in D-Link Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,970,548,000 to 8,295,618,000, a change of -674,930,000 (-7.5%).
- Net loss of 539,535,000 reduced equity.
- Dividend payments of 173,171,000 reduced retained earnings.
- Other comprehensive income decreased equity by 81,117,000.
- Other factors increased equity by 118,893,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-539.53 Million | -6.5% |
| Dividends Paid | NT$173.17 Million | -2.09% |
| Other Comprehensive Income | NT$-81.12 Million | -0.98% |
| Other Changes | NT$118.89 Million | +1.43% |
| Total Change | NT$- | -7.52% |
Book Value vs Market Value Analysis
This analysis compares D-Link 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: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.72x to 1.00x 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$19.26 | NT$13.85 | x |
| 2007-12-31 | NT$20.72 | NT$13.85 | x |
| 2008-12-31 | NT$21.34 | NT$13.85 | x |
| 2009-12-31 | NT$23.20 | NT$13.85 | x |
| 2010-12-31 | NT$20.85 | NT$13.85 | x |
| 2011-12-31 | NT$20.53 | NT$13.85 | x |
| 2012-12-31 | NT$21.68 | NT$13.85 | x |
| 2013-12-31 | NT$22.03 | NT$13.85 | x |
| 2014-12-31 | NT$21.38 | NT$13.85 | x |
| 2015-12-31 | NT$17.89 | NT$13.85 | x |
| 2016-12-31 | NT$16.25 | NT$13.85 | x |
| 2017-12-31 | NT$15.19 | NT$13.85 | x |
| 2018-12-31 | NT$15.37 | NT$13.85 | x |
| 2019-12-31 | NT$14.13 | NT$13.85 | x |
| 2020-12-31 | NT$15.40 | NT$13.85 | x |
| 2021-12-31 | NT$13.34 | NT$13.85 | x |
| 2022-12-31 | NT$14.84 | NT$13.85 | x |
| 2023-12-31 | NT$15.13 | NT$13.85 | x |
| 2024-12-31 | NT$15.24 | NT$13.85 | x |
| 2025-12-31 | NT$13.85 | NT$13.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently D-Link Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.04%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.91x
- Recent ROE (-6.50%) is below the historical average (5.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.77% | 5.97% | 0.94x | 1.75x | NT$-19.54 Million |
| 2001 | 10.29% | 5.42% | 1.00x | 1.90x | NT$27.15 Million |
| 2002 | 9.04% | 4.30% | 1.07x | 1.96x | NT$-92.60 Million |
| 2003 | 13.62% | 5.52% | 1.05x | 2.34x | NT$367.55 Million |
| 2004 | 22.30% | 8.07% | 1.25x | 2.22x | NT$1.43 Billion |
| 2005 | 13.51% | 4.50% | 1.51x | 1.99x | NT$424.90 Million |
| 2006 | 17.18% | 6.05% | 1.38x | 2.06x | NT$1.05 Billion |
| 2007 | 21.62% | 9.22% | 1.31x | 1.80x | NT$1.79 Billion |
| 2008 | 8.79% | 3.63% | 1.36x | 1.78x | NT$-165.60 Million |
| 2009 | 3.46% | 1.65% | 1.22x | 1.72x | NT$-965.21 Million |
| 2010 | 8.41% | 3.61% | 1.32x | 1.77x | NT$-231.53 Million |
| 2011 | 6.82% | 2.98% | 1.22x | 1.88x | NT$-451.40 Million |
| 2012 | 5.70% | 2.40% | 1.32x | 1.79x | NT$-586.64 Million |
| 2013 | 4.85% | 2.12% | 1.25x | 1.83x | NT$-687.16 Million |
| 2014 | 0.48% | 0.20% | 1.19x | 1.99x | NT$-1.22 Billion |
| 2015 | -17.59% | -7.03% | 1.25x | 2.00x | NT$-2.93 Billion |
| 2016 | -10.04% | -4.16% | 1.18x | 2.04x | NT$-1.90 Billion |
| 2017 | -2.15% | -1.00% | 1.12x | 1.91x | NT$-1.09 Billion |
| 2018 | 1.16% | 0.55% | 1.10x | 1.91x | NT$-813.57 Million |
| 2019 | -5.21% | -2.60% | 1.08x | 1.85x | NT$-1.29 Billion |
| 2020 | 13.39% | 8.17% | 0.95x | 1.72x | NT$313.98 Million |
| 2021 | 2.82% | 1.54% | 1.07x | 1.71x | NT$-608.54 Million |
| 2022 | 2.92% | 1.52% | 1.11x | 1.73x | NT$-630.59 Million |
| 2023 | 6.25% | 3.56% | 0.96x | 1.83x | NT$-340.39 Million |
| 2024 | 0.39% | 0.25% | 0.87x | 1.84x | NT$-861.74 Million |
| 2025 | -6.50% | -4.04% | 0.84x | 1.91x | NT$-1.37 Billion |
Industry Comparison
This section compares D-Link Corp's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $3,369,572,778
- Average return on equity (ROE) among peers: 5.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| D-Link Corp (2332) | NT$10.75 Billion | 9.77% | 0.47x | $260.42 Million |
| Microelectronics Technology Inc (2314) | $4.24 Billion | 20.07% | 0.89x | $47.14 Million |
| Tecom Co Ltd (2321) | $549.96 Million | -11.14% | 3.07x | $12.46 Million |
| Accton Technology Corp (2345) | $7.56 Billion | 8.51% | 0.87x | $40.15 Billion |
| Hitron Technologies Inc (2419) | $1.79 Billion | 3.83% | 1.28x | $306.23 Million |
| Abocom Systems Inc (2444) | $980.48 Million | -1.62% | 1.10x | $42.72 Million |
| Zinwell Corporation (2485) | $7.48 Billion | 11.28% | 0.37x | $587.53 Million |
| Loop Telecommunication International Inc (3025) | $788.88 Million | 1.56% | 0.29x | $107.43 Million |
| Edimax Technology Co Ltd (3047) | $2.36 Billion | 8.03% | 0.91x | $102.61 Million |
| CyberTAN Technology Inc (3062) | $4.58 Billion | 8.00% | 0.51x | $257.39 Million |
About D-Link Corp
D-Link Corporation researches, develops, and sells local area computer network systems, wireless local area computer networks, and spare parts for integrated circuits in Taiwan, India, and internationally. It offers home networking products, such as Wi-Fi systems, routers, and range extenders, as well as adapters, switches, DSL modems and routers, and mobile Wi-Fi hotspots; cameras, smart plugs, … Read more