Advantech Co Ltd (2395) - Net Assets

Latest as of September 2025: NT$51.50 Billion TWD ≈ $1.62 Billion USD

Based on the latest financial reports, Advantech Co Ltd (2395) has net assets worth NT$51.50 Billion TWD (≈ $1.62 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$70.05 Billion ≈ $2.21 Billion USD) and total liabilities (NT$18.56 Billion ≈ $584.62 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 asset resilience ratio of Advantech Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$51.50 Billion
% of Total Assets	73.51%
Annual Growth Rate	12.27%
5-Year Change	47.8%
10-Year Change	120.85%
Growth Volatility	13.95

Advantech Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Advantech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 2395 total assets for the complete picture of this company's asset base.

Annual Net Assets for Advantech Co Ltd (2000–2024)

The table below shows the annual net assets of Advantech Co Ltd from 2000 to 2024. For live valuation and market cap data, see market cap of Advantech Co Ltd.

Year	Net Assets	Change
2024-12-31	NT$51.80 Billion ≈ $1.63 Billion	+6.12%
2023-12-31	NT$48.81 Billion ≈ $1.54 Billion	+10.22%
2022-12-31	NT$44.28 Billion ≈ $1.40 Billion	+15.43%
2021-12-31	NT$38.36 Billion ≈ $1.21 Billion	+9.46%
2020-12-31	NT$35.05 Billion ≈ $1.10 Billion	+7.07%
2019-12-31	NT$32.73 Billion ≈ $1.03 Billion	+10.80%
2018-12-31	NT$29.54 Billion ≈ $930.69 Million	+6.41%
2017-12-31	NT$27.76 Billion ≈ $874.61 Million	+9.35%
2016-12-31	NT$25.39 Billion ≈ $799.83 Million	+8.24%
2015-12-31	NT$23.45 Billion ≈ $738.92 Million	+4.06%
2014-12-31	NT$22.54 Billion ≈ $710.07 Million	+16.05%
2013-12-31	NT$19.42 Billion ≈ $611.84 Million	+9.04%
2012-12-31	NT$17.81 Billion ≈ $561.12 Million	+13.48%
2011-12-31	NT$15.69 Billion ≈ $494.46 Million	+15.17%
2010-12-31	NT$13.63 Billion ≈ $429.34 Million	+4.35%
2009-12-31	NT$13.06 Billion ≈ $411.46 Million	+12.26%
2008-12-31	NT$11.63 Billion ≈ $366.52 Million	-17.56%
2007-12-31	NT$14.11 Billion ≈ $444.61 Million	+0.31%
2006-12-31	NT$14.07 Billion ≈ $443.22 Million	+12.45%
2005-12-31	NT$12.51 Billion ≈ $394.15 Million	+62.10%
2004-12-31	NT$7.72 Billion ≈ $243.16 Million	+32.70%
2003-12-31	NT$5.82 Billion ≈ $183.24 Million	+13.76%
2002-12-31	NT$5.11 Billion ≈ $161.07 Million	+20.73%
2001-12-31	NT$4.23 Billion ≈ $133.41 Million	+31.44%
2000-12-31	NT$3.22 Billion ≈ $101.50 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Advantech 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 1732.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	NT$19.40 Billion	37.73%
Common Stock	NT$8.63 Billion	16.79%
Other Comprehensive Income	NT$1.51 Billion	2.94%
Other Components	NT$21.88 Billion	42.54%
Total Equity	NT$51.43 Billion	100.00%

Advantech Co Ltd Competitors by Market Cap

The table below lists competitors of Advantech Co Ltd ranked by their market capitalization.

Company	Market Cap
D'Ieteren Group SA BR:DIE	$9.80 Billion
Symrise AG F:SY1	$9.81 Billion
UMB Financial Corporation NASDAQ:UMBF	$9.82 Billion
Spic Yuanda Environmental Protection Co Ltd SHG:600292	$9.82 Billion
CICT Mobile Communication Technology Co. Ltd. A SHG:688387	$9.80 Billion
Aditya Birla Capital Limited NSE:ABCAPITAL	$9.79 Billion
The Indian Hotels Company Limited NSE:INDHOTEL	$9.79 Billion
Bentley Systems Inc NASDAQ:BSY	$9.78 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Advantech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 48,461,152,000 to 51,428,352,000, a change of 2,967,200,000 (6.1%).
Net income of 9,005,037,000 contributed positively to equity growth.
Dividend payments of 8,155,269,000 reduced retained earnings.
New share issuances of 773,040,000 increased equity.
Other comprehensive income increased equity by 612,363,000.
Other factors increased equity by 732,029,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	NT$9.01 Billion	+17.51%
Dividends Paid	NT$8.16 Billion	-15.86%
Share Issuances	NT$773.04 Million	+1.5%
Other Comprehensive Income	NT$612.36 Million	+1.19%
Other Changes	NT$732.03 Million	+1.42%
Total Change	NT$-	6.12%

Book Value vs Market Value Analysis

This analysis compares Advantech 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: 6.07x
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 21.39x to 6.07x 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$16.81	NT$359.50	x
2007-12-31	NT$16.78	NT$359.50	x
2008-12-31	NT$14.19	NT$359.50	x
2009-12-31	NT$15.98	NT$359.50	x
2010-12-31	NT$16.76	NT$359.50	x
2011-12-31	NT$19.30	NT$359.50	x
2012-12-31	NT$21.19	NT$359.50	x
2013-12-31	NT$22.97	NT$359.50	x
2014-12-31	NT$26.60	NT$359.50	x
2015-12-31	NT$27.62	NT$359.50	x
2016-12-31	NT$29.75	NT$359.50	x
2017-12-31	NT$32.47	NT$359.50	x
2018-12-31	NT$34.36	NT$359.50	x
2019-12-31	NT$37.60	NT$359.50	x
2020-12-31	NT$40.03	NT$359.50	x
2021-12-31	NT$43.86	NT$359.50	x
2022-12-31	NT$50.75	NT$359.50	x
2023-12-31	NT$56.00	NT$359.50	x
2024-12-31	NT$59.26	NT$359.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Advantech 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): 17.51%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.06%
• Asset Turnover: 0.83x
• Equity Multiplier: 1.39x
Recent ROE (17.51%) is below the historical average (22.14%), 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	29.19%	13.91%	1.31x	1.60x	NT$618.18 Million
2001	27.51%	15.83%	1.09x	1.59x	NT$741.47 Million
2002	24.22%	14.75%	1.01x	1.62x	NT$726.89 Million
2003	18.44%	9.67%	1.17x	1.62x	NT$490.81 Million
2004	27.99%	16.44%	1.22x	1.40x	NT$1.39 Billion
2006	20.79%	19.85%	0.88x	1.19x	NT$1.51 Billion
2007	21.16%	18.21%	0.91x	1.28x	NT$1.57 Billion
2008	22.15%	14.73%	1.13x	1.33x	NT$1.40 Billion
2009	13.50%	11.43%	0.92x	1.28x	NT$453.58 Million
2010	22.46%	13.20%	1.26x	1.35x	NT$1.69 Billion
2011	22.78%	13.44%	1.23x	1.38x	NT$1.99 Billion
2012	19.56%	12.57%	1.15x	1.36x	NT$1.69 Billion
2013	21.32%	13.39%	1.11x	1.43x	NT$2.18 Billion
2014	21.96%	13.74%	1.13x	1.41x	NT$2.67 Billion
2015	21.90%	13.43%	1.12x	1.46x	NT$2.77 Billion
2016	22.48%	13.49%	1.09x	1.53x	NT$3.15 Billion
2017	22.32%	13.87%	1.09x	1.48x	NT$3.40 Billion
2018	21.48%	12.92%	1.11x	1.50x	NT$3.36 Billion
2019	22.80%	13.58%	1.15x	1.46x	NT$4.13 Billion
2020	21.06%	14.18%	1.02x	1.46x	NT$3.81 Billion
2021	21.80%	14.07%	1.01x	1.53x	NT$4.46 Billion
2022	24.55%	15.65%	1.04x	1.52x	NT$6.38 Billion
2023	22.36%	16.78%	0.94x	1.42x	NT$5.99 Billion
2024	17.51%	15.06%	0.83x	1.39x	NT$3.86 Billion

Industry Comparison

This section compares Advantech Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.

Industry Context

Industry: Computer Hardware
Average net assets among peers: $35,535,214,900
Average return on equity (ROE) among peers: -1.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Advantech Co Ltd (2395)	NT$51.50 Billion	29.19%	0.36x	$9.80 Billion
Solytech Enterprise Corp (1471)	$1.50 Billion	-2.87%	0.10x	$53.55 Million
Lite-On Technology Corp (2301)	$80.01 Billion	11.45%	1.07x	$11.87 Billion
Microtek International Inc (2305)	$2.73 Billion	1.87%	1.62x	$100.28 Million
Kinpo Electronics Inc (2312)	$14.29 Billion	-29.30%	2.03x	$1.31 Billion
CMC Magnetics Corp (2323)	$27.94 Billion	-6.18%	0.41x	$348.35 Million
Compal Electronics Inc (2324)	$31.11 Billion	0.00%	0.62x	$3.98 Billion
Elitegroup Computer Systems Co Ltd (2331)	$10.51 Billion	0.68%	1.30x	$360.88 Million
Ritek Corp (2349)	$63.48 Billion	4.47%	0.74x	$272.09 Million
Qisda Corp (2352)	$48.02 Billion	15.62%	0.97x	$975.88 Million
Acer Inc (2353)	$75.75 Billion	-8.72%	2.28x	$2.61 Billion

About Advantech Co Ltd

TW:2395 Taiwan Computer Hardware

Market Cap

$9.80 Billion

NT$311.04 Billion TWD

Market Cap Rank

#2267 Global

#59 in Taiwan

Share Price

NT$359.50

Change (1 day)

-1.78%

52-Week Range

NT$273.50 - NT$375.00

All Time High

NT$420.01