Ability Enterprise Co Ltd
Ability Enterprise Co., Ltd. develops, manufactures, and sells digital cameras, optical product components in Japan, China, Taiwan, Vietnam, and internationally. It offers equipment, home appliances, machine vision systems, video live streaming systems, cloud-based solutions, and automotive imaging applications. The company also provides camera modules including single lens camera, and multi-lens… Read more
Ability Enterprise Co Ltd (2374) - Net Assets
Latest net assets as of September 2025: NT$7.97 Billion TWD
Based on the latest financial reports, Ability Enterprise Co Ltd (2374) has net assets worth NT$7.97 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$11.54 Billion) and total liabilities (NT$3.57 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$7.97 Billion |
| % of Total Assets | 69.07% |
| Annual Growth Rate | 4.89% |
| 5-Year Change | 24.82% |
| 10-Year Change | -15.74% |
| Growth Volatility | 16.65 |
Ability Enterprise Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Ability Enterprise 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 Ability Enterprise Co Ltd (2000–2024)
The table below shows the annual net assets of Ability Enterprise Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.36 Billion | +8.97% |
| 2023-12-31 | NT$6.75 Billion | +2.43% |
| 2022-12-31 | NT$6.59 Billion | -0.34% |
| 2021-12-31 | NT$6.62 Billion | +12.21% |
| 2020-12-31 | NT$5.90 Billion | -12.76% |
| 2019-12-31 | NT$6.76 Billion | -10.16% |
| 2018-12-31 | NT$7.52 Billion | -13.59% |
| 2017-12-31 | NT$8.71 Billion | +2.49% |
| 2016-12-31 | NT$8.49 Billion | -2.75% |
| 2015-12-31 | NT$8.73 Billion | -11.42% |
| 2014-12-31 | NT$9.86 Billion | +0.82% |
| 2013-12-31 | NT$9.78 Billion | -4.02% |
| 2012-12-31 | NT$10.19 Billion | +2.03% |
| 2011-12-31 | NT$9.99 Billion | -0.48% |
| 2010-12-31 | NT$10.04 Billion | +7.89% |
| 2009-12-31 | NT$9.30 Billion | +31.58% |
| 2008-12-31 | NT$7.07 Billion | -3.54% |
| 2007-12-31 | NT$7.33 Billion | +19.96% |
| 2006-12-31 | NT$6.11 Billion | +24.31% |
| 2005-12-31 | NT$4.91 Billion | +39.80% |
| 2004-12-31 | NT$3.52 Billion | -14.26% |
| 2003-12-31 | NT$4.10 Billion | +50.27% |
| 2002-12-31 | NT$2.73 Billion | -0.91% |
| 2001-12-31 | NT$2.75 Billion | +17.65% |
| 2000-12-31 | NT$2.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ability Enterprise 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 264.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$762.50 Million | 10.78% |
| Common Stock | NT$2.89 Billion | 40.91% |
| Other Components | NT$3.42 Billion | 48.31% |
| Total Equity | NT$7.07 Billion | 100.00% |
Ability Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Ability Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mama's Creations Inc.
NASDAQ:MAMA
|
$571.24 Million |
|
Sana Biotechnology Inc
NASDAQ:SANA
|
$571.42 Million |
|
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd
SHG:600379
|
$571.54 Million |
|
GCH Technology Co. Ltd. A
SHG:688625
|
$571.77 Million |
|
KEDE Numerical Control Co Ltd
SHG:688305
|
$571.15 Million |
|
Lisi S.A
PINK:LSIIF
|
$571.14 Million |
|
Etron Technology
TWO:5351
|
$570.99 Million |
|
Data#3 Limited
PINK:DTATF
|
$570.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ability Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,447,536,000 to 7,073,431,000, a change of 625,895,000 (9.7%).
- Net income of 545,519,000 contributed positively to equity growth.
- Dividend payments of 258,781,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,874,294,999.
- Other factors increased equity by 2,213,451,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$545.52 Million | +7.71% |
| Dividends Paid | NT$258.78 Million | -3.66% |
| Other Comprehensive Income | NT$-1.87 Billion | -26.5% |
| Other Changes | NT$2.21 Billion | +31.29% |
| Total Change | NT$- | 9.71% |
Book Value vs Market Value Analysis
This analysis compares Ability Enterprise 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: 3.26x
- 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 6.40x to 3.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$11.22 | NT$71.80 | x |
| 2005-12-31 | NT$14.81 | NT$71.80 | x |
| 2006-12-31 | NT$17.95 | NT$71.80 | x |
| 2007-12-31 | NT$25.15 | NT$71.80 | x |
| 2008-12-31 | NT$23.96 | NT$71.80 | x |
| 2009-12-31 | NT$31.52 | NT$71.80 | x |
| 2010-12-31 | NT$31.48 | NT$71.80 | x |
| 2011-12-31 | NT$30.05 | NT$71.80 | x |
| 2012-12-31 | NT$31.07 | NT$71.80 | x |
| 2013-12-31 | NT$32.12 | NT$71.80 | x |
| 2014-12-31 | NT$31.80 | NT$71.80 | x |
| 2015-12-31 | NT$27.63 | NT$71.80 | x |
| 2016-12-31 | NT$26.40 | NT$71.80 | x |
| 2017-12-31 | NT$26.97 | NT$71.80 | x |
| 2018-12-31 | NT$22.98 | NT$71.80 | x |
| 2019-12-31 | NT$20.55 | NT$71.80 | x |
| 2020-12-31 | NT$17.79 | NT$71.80 | x |
| 2021-12-31 | NT$19.77 | NT$71.80 | x |
| 2022-12-31 | NT$19.54 | NT$71.80 | x |
| 2023-12-31 | NT$20.09 | NT$71.80 | x |
| 2024-12-31 | NT$22.02 | NT$71.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ability Enterprise 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): 7.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.82%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.44x
- Recent ROE (7.71%) is below the historical average (9.02%), 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 | 10.72% | 8.08% | 0.72x | 1.85x | NT$15.70 Million |
| 2001 | 12.80% | 12.50% | 0.62x | 1.66x | NT$73.59 Million |
| 2002 | 8.45% | 8.34% | 0.61x | 1.66x | NT$-42.18 Million |
| 2003 | 13.19% | 5.75% | 1.10x | 2.09x | NT$131.00 Million |
| 2004 | 2.65% | 0.58% | 1.51x | 3.01x | NT$-250.05 Million |
| 2005 | 17.10% | 3.34% | 1.60x | 3.19x | NT$312.72 Million |
| 2006 | 16.34% | 3.49% | 2.02x | 2.32x | NT$348.65 Million |
| 2007 | 28.10% | 5.69% | 2.98x | 1.66x | NT$1.33 Billion |
| 2008 | 19.17% | 4.05% | 2.70x | 1.76x | NT$648.60 Million |
| 2009 | 23.14% | 5.88% | 1.98x | 1.99x | NT$1.22 Billion |
| 2010 | 23.59% | 4.57% | 2.32x | 2.22x | NT$1.36 Billion |
| 2011 | 11.18% | 2.31% | 2.12x | 2.29x | NT$114.85 Million |
| 2012 | 12.89% | 3.01% | 2.13x | 2.01x | NT$292.63 Million |
| 2013 | 4.94% | 1.81% | 1.62x | 1.68x | NT$-495.76 Million |
| 2014 | 1.57% | 0.64% | 1.43x | 1.71x | NT$-831.12 Million |
| 2015 | 8.14% | 3.62% | 1.37x | 1.64x | NT$-159.30 Million |
| 2016 | 4.66% | 3.51% | 0.85x | 1.57x | NT$-442.96 Million |
| 2017 | 2.56% | 1.94% | 0.87x | 1.50x | NT$-634.07 Million |
| 2018 | -6.38% | -6.06% | 0.69x | 1.52x | NT$-1.19 Billion |
| 2019 | -6.15% | -6.06% | 0.65x | 1.56x | NT$-1.05 Billion |
| 2020 | -8.18% | -13.36% | 0.38x | 1.62x | NT$-1.02 Billion |
| 2021 | 10.83% | 19.13% | 0.40x | 1.42x | NT$52.61 Million |
| 2022 | 2.17% | 2.56% | 0.60x | 1.41x | NT$-488.43 Million |
| 2023 | 4.26% | 5.57% | 0.54x | 1.41x | NT$-370.13 Million |
| 2024 | 7.71% | 8.82% | 0.61x | 1.44x | NT$-161.82 Million |
Industry Comparison
This section compares Ability Enterprise Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ability Enterprise Co Ltd (2374) | NT$7.97 Billion | 10.72% | 0.45x | $571.16 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |