Syscom Computer Engineering Co (2453) - Net Assets

Latest as of March 2026: NT$2.05 Billion TWD ≈ $64.56 Million USD

Based on the latest financial reports, Syscom Computer Engineering Co (2453) has net assets worth NT$2.05 Billion TWD (≈ $64.56 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.49 Billion ≈ $141.59 Million USD) and total liabilities (NT$2.44 Billion ≈ $77.03 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 2453 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$2.05 Billion
% of Total Assets 45.6%
Annual Growth Rate 1.67%
5-Year Change 13.78%
10-Year Change 29.18%
Growth Volatility 2.09

Syscom Computer Engineering Co - Net Assets Trend (2002–2025)

This chart illustrates how Syscom Computer Engineering Co's net assets have evolved over time, based on quarterly financial data. See 2453 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Syscom Computer Engineering Co (2002–2025)

The table below shows the annual net assets of Syscom Computer Engineering Co from 2002 to 2025. For live valuation and market cap data, see 2453 stock market capitalisation.

Year Net Assets Change
2025-12-31 NT$2.25 Billion
≈ $70.79 Million		 +2.86%
2024-12-31 NT$2.18 Billion
≈ $68.82 Million		 +3.16%
2023-12-31 NT$2.12 Billion
≈ $66.71 Million		 +3.04%
2022-12-31 NT$2.05 Billion
≈ $64.74 Million		 +4.05%
2021-12-31 NT$1.97 Billion
≈ $62.22 Million		 +4.23%
2020-12-31 NT$1.89 Billion
≈ $59.69 Million		 +4.40%
2019-12-31 NT$1.81 Billion
≈ $57.18 Million		 +3.33%
2018-12-31 NT$1.76 Billion
≈ $55.34 Million		 -0.24%
2017-12-31 NT$1.76 Billion
≈ $55.47 Million		 +1.22%
2016-12-31 NT$1.74 Billion
≈ $54.80 Million		 -0.26%
2015-12-31 NT$1.74 Billion
≈ $54.94 Million		 -0.82%
2014-12-31 NT$1.76 Billion
≈ $55.39 Million		 +2.53%
2013-12-31 NT$1.71 Billion
≈ $54.03 Million		 +3.51%
2012-12-31 NT$1.66 Billion
≈ $52.19 Million		 +0.07%
2011-12-31 NT$1.66 Billion
≈ $52.15 Million		 +5.19%
2010-12-31 NT$1.57 Billion
≈ $49.58 Million		 +0.42%
2009-12-31 NT$1.57 Billion
≈ $49.37 Million		 +2.21%
2008-12-31 NT$1.53 Billion
≈ $48.31 Million		 +2.04%
2007-12-31 NT$1.50 Billion
≈ $47.34 Million		 +1.45%
2006-12-31 NT$1.48 Billion
≈ $46.66 Million		 -2.62%
2005-12-31 NT$1.52 Billion
≈ $47.92 Million		 -2.20%
2004-12-31 NT$1.56 Billion
≈ $48.99 Million		 -0.35%
2003-12-31 NT$1.56 Billion
≈ $49.16 Million		 +1.70%
2002-12-31 NT$1.53 Billion
≈ $48.34 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Syscom Computer Engineering Co'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 79239600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings NT$792.40 Million 35.44%
Common Stock NT$1.00 Billion 44.72%
Other Comprehensive Income NT$443.64 Million 19.84%
Total Equity NT$2.24 Billion 100.00%

Syscom Computer Engineering Co Competitors by Market Cap

The table below lists competitors of Syscom Computer Engineering Co ranked by their market capitalization.

Company Market Cap
Dynamix Corporation
NASDAQ:ETHM
 $179.28 Million
Kolmar BNH Co. Ltd
KQ:200130
 $179.29 Million
Onewater Marine
NASDAQ:ONEW
 $179.30 Million
Caisse Reg Cred Agric Mut Tourain Poitou
PA:CRTO
 $179.43 Million
Paik Kwang Ind
KO:001340
 $179.22 Million
Stereotaxis Inc
NYSE MKT:STXS
 $179.18 Million
Parsan Makina Parcalari Sanayi AS
IS:PARSN
 $179.13 Million
Marblegate Acquisition Corp
NASDAQ:GATE
 $179.10 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,172,743,000 to 2,236,032,000, a change of 63,289,000 (2.9%).
  • Net income of 311,824,000 contributed positively to equity growth.
  • Dividend payments of 260,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 443,636,000.
  • Other factors decreased equity by 432,171,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income NT$311.82 Million +13.95%
Dividends Paid NT$260.00 Million -11.63%
Other Comprehensive Income NT$443.64 Million +19.84%
Other Changes NT$-432.17 Million -19.33%
Total Change NT$- 2.91%

Book Value vs Market Value Analysis

This analysis compares Syscom Computer Engineering Co'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: 2.55x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 3.68x to 2.55x 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$15.45 NT$56.90 x
2005-12-31 NT$15.10 NT$56.90 x
2006-12-31 NT$14.67 NT$56.90 x
2007-12-31 NT$14.89 NT$56.90 x
2008-12-31 NT$15.18 NT$56.90 x
2009-12-31 NT$15.48 NT$56.90 x
2010-12-31 NT$15.53 NT$56.90 x
2011-12-31 NT$16.33 NT$56.90 x
2012-12-31 NT$16.33 NT$56.90 x
2013-12-31 NT$16.88 NT$56.90 x
2014-12-31 NT$17.30 NT$56.90 x
2015-12-31 NT$17.14 NT$56.90 x
2016-12-31 NT$17.14 NT$56.90 x
2017-12-31 NT$17.35 NT$56.90 x
2018-12-31 NT$17.28 NT$56.90 x
2019-12-31 NT$17.92 NT$56.90 x
2020-12-31 NT$18.74 NT$56.90 x
2021-12-31 NT$19.57 NT$56.90 x
2022-12-31 NT$20.41 NT$56.90 x
2023-12-31 NT$21.10 NT$56.90 x
2024-12-31 NT$21.68 NT$56.90 x
2025-12-31 NT$22.30 NT$56.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Syscom Computer Engineering Co 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): 13.95%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.20%
  • • Asset Turnover: 1.65x
  • • Equity Multiplier: 2.02x
  • Recent ROE (13.95%) is above the historical average (5.40%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 1.88% 1.17% 1.10x 1.46x NT$-126.76 Million
2004 1.65% 1.05% 1.08x 1.47x NT$-129.08 Million
2005 -1.16% -0.74% 1.02x 1.54x NT$-168.59 Million
2006 -3.85% -2.76% 0.90x 1.56x NT$-203.36 Million
2007 1.20% 0.70% 1.12x 1.53x NT$-131.16 Million
2008 1.53% 0.82% 1.11x 1.68x NT$-128.68 Million
2009 2.35% 1.15% 1.16x 1.76x NT$-118.49 Million
2010 3.78% 1.52% 1.51x 1.64x NT$-96.68 Million
2011 3.93% 1.52% 1.42x 1.81x NT$-99.29 Million
2012 4.46% 1.38% 1.64x 1.97x NT$-90.53 Million
2013 5.61% 1.95% 1.46x 1.98x NT$-74.20 Million
2014 5.61% 2.10% 1.33x 2.01x NT$-76.00 Million
2015 3.81% 1.68% 1.18x 1.93x NT$-106.42 Million
2016 3.87% 1.70% 1.20x 1.89x NT$-105.40 Million
2017 5.23% 1.90% 1.33x 2.08x NT$-82.91 Million
2018 3.63% 1.33% 1.42x 1.93x NT$-110.35 Million
2019 7.18% 2.18% 1.37x 2.40x NT$-50.60 Million
2020 9.03% 2.95% 1.34x 2.28x NT$-18.33 Million
2021 10.99% 3.68% 1.39x 2.16x NT$19.41 Million
2022 12.23% 4.21% 1.34x 2.16x NT$45.75 Million
2023 13.16% 4.36% 1.32x 2.29x NT$66.87 Million
2024 14.10% 4.42% 1.42x 2.25x NT$89.12 Million
2025 13.95% 4.20% 1.65x 2.02x NT$88.22 Million

Industry Comparison

This section compares Syscom Computer Engineering Co's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $3,025,183,556
  • Average return on equity (ROE) among peers: 10.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Syscom Computer Engineering Co (2453) NT$2.05 Billion 1.88% 1.19x $179.27 Million
Kwong Fong Industries Corp (1416) $5.40 Billion 8.98% 1.02x $65.11 Million
Fortune Information Systems Corp (2468) $1.14 Billion 3.41% 0.72x $84.42 Million
Ares International Corp (2471) $727.63 Million 7.86% 0.54x $80.69 Million
Jetwell Computer Co Ltd (3147) $1.27 Billion 22.59% 1.36x $454.20 Million
Wistron Information Technology & Services (4953) $1.83 Billion 13.86% 0.62x $298.87 Million
Sysage Technology Co Ltd (6112) $1.95 Billion 11.55% 1.49x $268.82 Million
Systex Corp (6214) $13.19 Billion 7.97% 0.51x $1.11 Billion
Genesis Technology (6221) $740.28 Million 9.23% 1.57x $130.13 Million
Tatung System Technologies (8099) $972.84 Million 7.76% 0.73x $189.80 Million

About Syscom Computer Engineering Co

TW:2453 Taiwan Information Technology Services
Market Cap
$179.27 Million
NT$5.69 Billion TWD
Market Cap Rank
#17084 Global
#871 in Taiwan
Share Price
NT$56.90
Change (1 day)
+0.35%
52-Week Range
NT$50.50 - NT$63.90
All Time High
NT$79.00
Categories
Companies in Taiwan Information Technology Services Technology AI & Machine Learning
About

Syscom Computer Engineering Co., together with its subsidiaries, provides information technology services in Taiwan, China, the United States, and Southeast Asia. The company leases and sells computer systems; designs computer software; and offers services for the integration of computer information systems, and maintenance of computer hardware and software. It also develops, manufactures, and se… Read more