Accton Technology Corporation researches and develops, manufactures, and sells network communication equipment in Taiwan, America, rest of Asia, Europe, and internationally. The company offers 800G AI/ML fabrics, hyper network appliances, and edge servers, as well as data centers, metro ethernet, telecommunication networks, and school/enterprise networks. It also provides data center switches, open packet transponders, cloud service appliances, and ethernet BOF; edge-computing; software-defined wide area networks; wired and wireless … Read more
Accton Technology Corp (2345) - Net Assets
Latest net assets as of March 2025: NT$39.77 Billion TWD
Based on the latest financial reports, Accton Technology Corp (2345) has net assets worth NT$39.77 Billion TWD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$98.12 Billion) and total liabilities (NT$58.36 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
| Current Net Assets | NT$39.77 Billion | % of Total Assets | 40.53% |
|---|---|---|---|
| Annual Growth Rate | 4.79% | 5-Year Change | 150.56% |
| 10-Year Change | 343.66% | Growth Volatility | 16.73 |
Accton Technology Corp - Net Assets Trend (2002–2024)
This chart illustrates how Accton Technology Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Accton Technology Corp (2002–2024)
The table below shows the annual net assets of Accton Technology Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$36.29 Billion | +44.07% |
| 2023-12-31 | NT$25.19 Billion | +23.30% |
| 2022-12-31 | NT$20.43 Billion | +31.35% |
| 2021-12-31 | NT$15.55 Billion | +7.39% |
| 2020-12-31 | NT$14.48 Billion | +13.12% |
| 2019-12-31 | NT$12.80 Billion | +24.56% |
| 2018-12-31 | NT$10.28 Billion | +6.53% |
| 2017-12-31 | NT$9.65 Billion | +9.16% |
| 2016-12-31 | NT$8.84 Billion | +8.06% |
| 2015-12-31 | NT$8.18 Billion | +8.19% |
| 2014-12-31 | NT$7.56 Billion | +6.65% |
| 2013-12-31 | NT$7.09 Billion | -0.90% |
| 2012-12-31 | NT$7.15 Billion | -0.44% |
| 2011-12-31 | NT$7.18 Billion | +1.81% |
| 2010-12-31 | NT$7.06 Billion | -7.61% |
| 2009-12-31 | NT$7.64 Billion | +16.61% |
| 2008-12-31 | NT$6.55 Billion | +7.04% |
| 2007-12-31 | NT$6.12 Billion | -0.90% |
| 2006-12-31 | NT$6.18 Billion | -2.72% |
| 2005-12-31 | NT$6.35 Billion | -1.30% |
| 2004-12-31 | NT$6.43 Billion | -12.60% |
| 2003-12-31 | NT$7.36 Billion | -43.25% |
| 2002-12-31 | NT$12.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Accton Technology 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 grown by 1726.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$22.00 Billion | 60.57% |
| Other Components | NT$14.32 Billion | 39.43% |
| Total Equity | NT$36.33 Billion | 100.00% |
Accton Technology Corp Competitors by Market Cap
The table below lists competitors of Accton Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coal India Limited
NSE:COALINDIA
|
$10.30 Billion |
|
Keppel Corporation Limited
PINK:KPELY
|
$10.30 Billion |
|
Montage Technology Co Ltd
SHG:688008
|
$10.31 Billion |
|
Bunzl plc
PINK:BZLFF
|
$10.31 Billion |
|
AB SKF (publ)
PINK:SKUFF
|
$10.28 Billion |
|
Nordson Corporation
NASDAQ:NDSN
|
$10.27 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
$10.27 Billion |
|
Dawning Information Industry Co Ltd
SHG:603019
|
$10.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Accton Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,187,789,000 to 36,326,560,000, a change of 11,138,771,000 (44.2%).
- Net income of 11,999,671,000 contributed positively to equity growth.
- Dividend payments of 5,581,745,000 reduced retained earnings.
- New share issuances of 9,649,000 increased equity.
- Other factors increased equity by 4,711,196,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$12.00 Billion | +33.03% |
| Dividends Paid | NT$5.58 Billion | -15.37% |
| Share Issuances | NT$9.65 Million | +0.03% |
| Other Changes | NT$4.71 Billion | +12.97% |
| Total Change | NT$ 11.14 Billion | +44.22% |
Book Value vs Market Value Analysis
This analysis compares Accton Technology Corp's book value (net assets per share) with its market price over time, revealing how the market values the company relative to its accounting value.
Valuation Insights
- Current price-to-book ratio: 10.97x
- 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 63.45x to 10.97x over the analyzed period, indicating reduced market premium.
Price-to-Book Ratio History
| Year | Book Value Per Share | Market Price | Price-to-Book Ratio |
|---|---|---|---|
| 2006 | NT$11.24 | NT$713.00 | 63.45x |
| 2007 | NT$10.91 | NT$713.00 | 65.34x |
| 2008 | NT$11.51 | NT$713.00 | 61.92x |
| 2009 | NT$12.72 | NT$713.00 | 56.07x |
| 2010 | NT$13.08 | NT$713.00 | 54.50x |
| 2011 | NT$13.11 | NT$713.00 | 54.40x |
| 2012 | NT$13.06 | NT$713.00 | 54.60x |
| 2013 | NT$13.10 | NT$713.00 | 54.42x |
| 2014 | NT$13.92 | NT$713.00 | 51.21x |
| 2015 | NT$15.03 | NT$713.00 | 47.43x |
| 2016 | NT$15.74 | NT$713.00 | 45.31x |
| 2017 | NT$17.11 | NT$713.00 | 41.68x |
| 2018 | NT$18.19 | NT$713.00 | 39.19x |
| 2019 | NT$22.66 | NT$713.00 | 31.46x |
| 2020 | NT$25.74 | NT$713.00 | 27.69x |
| 2021 | NT$27.65 | NT$713.00 | 25.79x |
| 2022 | NT$36.15 | NT$713.00 | 19.73x |
| 2023 | NT$44.77 | NT$713.00 | 15.93x |
| 2024 | NT$65.00 | NT$713.00 | 10.97x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Accton Technology Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 33.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.87%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 2.38x
- Recent ROE (33.03%) is above the historical average (18.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 9.21% | 7.27% | 1.00x | 1.27x | NT$-102.61 Million |
| 2006 | 0.37% | 0.12% | 1.56x | 2.02x | NT$-587.58 Million |
| 2007 | -4.24% | -1.64% | 1.39x | 1.87x | NT$-869.11 Million |
| 2008 | 6.24% | 2.71% | 1.64x | 1.41x | NT$-246.19 Million |
| 2009 | 9.12% | 3.80% | 1.28x | 1.87x | NT$-62.79 Million |
| 2010 | 14.37% | 4.39% | 1.69x | 1.94x | NT$305.96 Million |
| 2011 | 12.10% | 3.31% | 1.82x | 2.01x | NT$149.50 Million |
| 2012 | 12.21% | 3.23% | 1.98x | 1.91x | NT$158.04 Million |
| 2013 | 7.90% | 2.47% | 1.67x | 1.91x | NT$-148.88 Million |
| 2014 | 8.52% | 2.82% | 1.62x | 1.87x | NT$-111.71 Million |
| 2015 | 14.27% | 4.71% | 1.65x | 1.83x | NT$349.16 Million |
| 2016 | 21.42% | 6.43% | 1.68x | 1.99x | NT$1.01 Billion |
| 2017 | 26.54% | 7.02% | 1.94x | 1.94x | NT$1.60 Billion |
| 2018 | 28.74% | 6.85% | 1.93x | 2.18x | NT$1.93 Billion |
| 2019 | 38.67% | 8.94% | 1.88x | 2.31x | NT$3.67 Billion |
| 2020 | 34.86% | 9.27% | 1.75x | 2.15x | NT$3.60 Billion |
| 2021 | 30.25% | 7.89% | 1.70x | 2.25x | NT$3.15 Billion |
| 2022 | 39.97% | 10.58% | 1.68x | 2.25x | NT$6.12 Billion |
| 2023 | 35.41% | 10.60% | 1.49x | 2.25x | NT$6.40 Billion |
| 2024 | 33.03% | 10.87% | 1.28x | 2.38x | NT$8.37 Billion |
Industry Comparison
This section compares Accton Technology Corp's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,340,983,778
- Average return on equity (ROE) among peers: 7.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Accton Technology Corp (2345) | NT$39.77 Billion | 9.21% | 1.47x | $10.30 Billion |
| Microelectronics Technology Inc (2314) | $4.24 Billion | 0.00% | 0.87x | $44.85 Million |
| Tecom Co Ltd (2321) | $3.94 Billion | 1.55% | 0.78x | $3.92 Million |
| D-Link Corp (2332) | $9.00 Billion | 2.66% | 0.61x | $221.79 Million |
| Hitron Technologies Inc (2419) | $6.06 Billion | 7.96% | 1.02x | $81.17 Million |
| Abocom Systems Inc (2444) | $1.75 Billion | 5.99% | 1.15x | $32.49 Million |
| Zinwell Corporation (2485) | $5.52 Billion | 35.79% | 0.46x | $92.19 Million |
| Loop Telecommunication International Inc (3025) | $845.60 Million | 9.30% | 0.27x | $72.01 Million |
| Edimax Technology Co Ltd (3047) | $2.57 Billion | 5.51% | 0.79x | $102.57 Million |
| CyberTAN Technology Inc (3062) | $5.13 Billion | 3.08% | 0.66x | $217.35 Million |