Biostar Microtech International Corp (2399) - Net Assets
Based on the latest financial reports, Biostar Microtech International Corp (2399) has net assets worth NT$2.15 Billion TWD (≈ $67.83 Million 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$2.52 Billion ≈ $79.43 Million USD) and total liabilities (NT$368.28 Million ≈ $11.60 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 Biostar Microtech International Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.15 Billion |
| % of Total Assets | 85.39% |
| Annual Growth Rate | 2.9% |
| 5-Year Change | 0.95% |
| 10-Year Change | -7.02% |
| Growth Volatility | 14.17 |
Biostar Microtech International Corp - Net Assets Trend (2002–2024)
This chart illustrates how Biostar Microtech International Corp's net assets have evolved over time, based on quarterly financial data. Also explore Biostar Microtech International Corp (2399) total assets for the complete picture of this company's asset base.
Annual Net Assets for Biostar Microtech International Corp (2002–2024)
The table below shows the annual net assets of Biostar Microtech International Corp from 2002 to 2024. For live valuation and market cap data, see market value of Biostar Microtech International Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.17 Billion ≈ $68.36 Million |
+1.14% |
| 2023-12-31 | NT$2.15 Billion ≈ $67.60 Million |
-4.53% |
| 2022-12-31 | NT$2.25 Billion ≈ $70.81 Million |
-7.57% |
| 2021-12-31 | NT$2.43 Billion ≈ $76.60 Million |
+13.12% |
| 2020-12-31 | NT$2.15 Billion ≈ $67.72 Million |
-6.63% |
| 2019-12-31 | NT$2.30 Billion ≈ $72.53 Million |
+0.79% |
| 2018-12-31 | NT$2.28 Billion ≈ $71.96 Million |
-13.20% |
| 2017-12-31 | NT$2.63 Billion ≈ $82.90 Million |
+14.89% |
| 2016-12-31 | NT$2.29 Billion ≈ $72.16 Million |
-1.86% |
| 2015-12-31 | NT$2.33 Billion ≈ $73.53 Million |
-4.05% |
| 2014-12-31 | NT$2.43 Billion ≈ $76.63 Million |
-6.12% |
| 2013-12-31 | NT$2.59 Billion ≈ $81.62 Million |
+1.44% |
| 2012-12-31 | NT$2.55 Billion ≈ $80.46 Million |
-6.65% |
| 2011-12-31 | NT$2.74 Billion ≈ $86.20 Million |
+2.90% |
| 2010-12-31 | NT$2.66 Billion ≈ $83.77 Million |
-2.06% |
| 2009-12-31 | NT$2.71 Billion ≈ $85.54 Million |
+17.35% |
| 2008-12-31 | NT$2.31 Billion ≈ $72.89 Million |
+1.21% |
| 2007-12-31 | NT$2.29 Billion ≈ $72.02 Million |
+14.48% |
| 2006-12-31 | NT$2.00 Billion ≈ $62.91 Million |
+48.96% |
| 2005-12-31 | NT$1.34 Billion ≈ $42.23 Million |
+16.28% |
| 2004-12-31 | NT$1.15 Billion ≈ $36.32 Million |
-17.66% |
| 2003-12-31 | NT$1.40 Billion ≈ $44.11 Million |
+20.95% |
| 2002-12-31 | NT$1.16 Billion ≈ $36.47 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Biostar Microtech International 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 69.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$41.07 Million | 1.89% |
| Common Stock | NT$1.78 Billion | 82.08% |
| Other Comprehensive Income | NT$281.08 Million | 12.95% |
| Other Components | NT$66.78 Million | 3.08% |
| Total Equity | NT$2.17 Billion | 100.00% |
Biostar Microtech International Corp Competitors by Market Cap
The table below lists competitors of Biostar Microtech International Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Backblaze Inc
NASDAQ:BLZE
|
$238.21 Million |
|
Nishoku Technology Inc
TW:3679
|
$238.27 Million |
|
Divgi Torqtransfer Systems Limited
NSE:DIVGIITTS
|
$238.35 Million |
|
Amazing Microelectronic
TWO:6411
|
$238.35 Million |
|
STINAG Stuttgart Invest AG
F:STG
|
$238.19 Million |
|
SuRo Capital Corp
NASDAQ:SSSS
|
$238.13 Million |
|
Highlight Tech
TWO:6208
|
$238.09 Million |
|
Willy Food
TA:WLFD
|
$238.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Biostar Microtech International Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,145,539,000 to 2,169,929,000, a change of 24,390,000 (1.1%).
- Net income of 6,619,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 278,039,000.
- Other factors decreased equity by 260,268,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$6.62 Million | +0.31% |
| Other Comprehensive Income | NT$278.04 Million | +12.81% |
| Other Changes | NT$-260.27 Million | -11.99% |
| Total Change | NT$- | 1.14% |
Book Value vs Market Value Analysis
This analysis compares Biostar Microtech International 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: 3.49x
- 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 6.56x to 3.49x 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$6.47 | NT$42.45 | x |
| 2005-12-31 | NT$7.53 | NT$42.45 | x |
| 2006-12-31 | NT$11.21 | NT$42.45 | x |
| 2007-12-31 | NT$12.83 | NT$42.45 | x |
| 2008-12-31 | NT$12.99 | NT$42.45 | x |
| 2009-12-31 | NT$15.05 | NT$42.45 | x |
| 2010-12-31 | NT$14.65 | NT$42.45 | x |
| 2011-12-31 | NT$15.08 | NT$42.45 | x |
| 2012-12-31 | NT$14.21 | NT$42.45 | x |
| 2013-12-31 | NT$14.37 | NT$42.45 | x |
| 2014-12-31 | NT$13.60 | NT$42.45 | x |
| 2015-12-31 | NT$13.10 | NT$42.45 | x |
| 2016-12-31 | NT$12.86 | NT$42.45 | x |
| 2017-12-31 | NT$13.32 | NT$42.45 | x |
| 2018-12-31 | NT$11.17 | NT$42.45 | x |
| 2019-12-31 | NT$11.23 | NT$42.45 | x |
| 2020-12-31 | NT$12.02 | NT$42.45 | x |
| 2021-12-31 | NT$13.48 | NT$42.45 | x |
| 2022-12-31 | NT$12.56 | NT$42.45 | x |
| 2023-12-31 | NT$12.05 | NT$42.45 | x |
| 2024-12-31 | NT$12.17 | NT$42.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Biostar Microtech International 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): 0.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.33%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.21x
- Recent ROE (0.31%) is below the historical average (5.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.73% | 2.77% | 1.65x | 2.56x | NT$20.05 Million |
| 2003 | 17.46% | 4.32% | 1.91x | 2.12x | NT$104.43 Million |
| 2004 | -12.44% | -2.57% | 2.08x | 2.33x | NT$-258.72 Million |
| 2005 | 13.26% | 2.82% | 2.08x | 2.26x | NT$43.66 Million |
| 2006 | 12.51% | 3.24% | 2.13x | 1.81x | NT$50.15 Million |
| 2007 | 18.70% | 4.55% | 2.24x | 1.83x | NT$198.81 Million |
| 2008 | 8.34% | 2.91% | 1.95x | 1.47x | NT$-38.44 Million |
| 2009 | 14.99% | 5.28% | 1.69x | 1.68x | NT$135.58 Million |
| 2010 | 10.17% | 3.91% | 1.76x | 1.48x | NT$4.54 Million |
| 2011 | 11.17% | 4.40% | 1.68x | 1.51x | NT$31.92 Million |
| 2012 | 4.58% | 2.18% | 1.42x | 1.47x | NT$-138.48 Million |
| 2013 | 4.73% | 2.66% | 1.20x | 1.49x | NT$-136.46 Million |
| 2014 | -2.72% | -1.59% | 1.24x | 1.38x | NT$-309.34 Million |
| 2015 | -4.47% | -3.69% | 0.91x | 1.34x | NT$-337.71 Million |
| 2016 | -1.43% | -1.09% | 0.94x | 1.39x | NT$-261.85 Million |
| 2017 | 4.21% | 2.92% | 0.93x | 1.55x | NT$-138.23 Million |
| 2018 | -12.22% | -8.00% | 1.00x | 1.52x | NT$-442.28 Million |
| 2019 | 0.37% | 0.44% | 0.54x | 1.56x | NT$-192.59 Million |
| 2020 | 6.64% | 6.78% | 0.75x | 1.31x | NT$-72.25 Million |
| 2021 | 14.88% | 13.03% | 0.84x | 1.36x | NT$118.53 Million |
| 2022 | 0.57% | 0.57% | 0.80x | 1.25x | NT$-211.89 Million |
| 2023 | -5.28% | -4.84% | 0.84x | 1.30x | NT$-327.91 Million |
| 2024 | 0.31% | 0.33% | 0.77x | 1.21x | NT$-210.37 Million |
Industry Comparison
This section compares Biostar Microtech International Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,332,807,700
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Biostar Microtech International Corp (2399) | NT$2.15 Billion | 11.73% | 0.17x | $238.19 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About Biostar Microtech International Corp
Biostar Microtech International Corp. engages in the design, development, manufacture, and marketing of various networking solutions in Taiwan and internationally. The company provides edge computing, industrial automation, EV chargers, digital signage, POS and KIOSK systems, PC (MB/VGA), AI workstations, and human-machine interface solutions. It also offers industrial PCs, motherboards, graphics… Read more