Amtran Technology Co Ltd (2489) - Net Assets
Based on the latest financial reports, Amtran Technology Co Ltd (2489) has net assets worth NT$12.98 Billion TWD (≈ $409.07 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$23.08 Billion ≈ $727.12 Million USD) and total liabilities (NT$10.09 Billion ≈ $318.05 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 2489 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.98 Billion |
| % of Total Assets | 56.26% |
| Annual Growth Rate | 3.46% |
| 5-Year Change | 11.75% |
| 10-Year Change | -5.83% |
| Growth Volatility | 19.28 |
Amtran Technology Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Amtran Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 2489 total assets for the complete picture of this company's asset base.
Annual Net Assets for Amtran Technology Co Ltd (2002–2024)
The table below shows the annual net assets of Amtran Technology Co Ltd from 2002 to 2024. For live valuation and market cap data, see 2489 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$14.01 Billion ≈ $441.37 Million |
+3.96% |
| 2023-12-31 | NT$13.48 Billion ≈ $424.57 Million |
-1.05% |
| 2022-12-31 | NT$13.62 Billion ≈ $429.08 Million |
-19.34% |
| 2021-12-31 | NT$16.88 Billion ≈ $531.95 Million |
+34.68% |
| 2020-12-31 | NT$12.54 Billion ≈ $394.97 Million |
+4.21% |
| 2019-12-31 | NT$12.03 Billion ≈ $379.03 Million |
-1.35% |
| 2018-12-31 | NT$12.20 Billion ≈ $384.22 Million |
+0.34% |
| 2017-12-31 | NT$12.15 Billion ≈ $382.92 Million |
-17.41% |
| 2016-12-31 | NT$14.72 Billion ≈ $463.65 Million |
-1.08% |
| 2015-12-31 | NT$14.88 Billion ≈ $468.71 Million |
+1.09% |
| 2014-12-31 | NT$14.72 Billion ≈ $463.67 Million |
-1.98% |
| 2013-12-31 | NT$15.01 Billion ≈ $473.05 Million |
-3.07% |
| 2012-12-31 | NT$15.49 Billion ≈ $488.01 Million |
-17.70% |
| 2011-12-31 | NT$18.82 Billion ≈ $592.99 Million |
+1.99% |
| 2010-12-31 | NT$18.45 Billion ≈ $581.43 Million |
+9.75% |
| 2009-12-31 | NT$16.81 Billion ≈ $529.75 Million |
+51.91% |
| 2008-12-31 | NT$11.07 Billion ≈ $348.72 Million |
+3.72% |
| 2007-12-31 | NT$10.67 Billion ≈ $336.21 Million |
+53.60% |
| 2006-12-31 | NT$6.95 Billion ≈ $218.88 Million |
+23.81% |
| 2005-12-31 | NT$5.61 Billion ≈ $176.79 Million |
-12.46% |
| 2004-12-31 | NT$6.41 Billion ≈ $201.96 Million |
-7.99% |
| 2003-12-31 | NT$6.97 Billion ≈ $219.50 Million |
+5.15% |
| 2002-12-31 | NT$6.63 Billion ≈ $208.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Amtran Technology 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 157.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.42 Billion | 17.48% |
| Common Stock | NT$6.80 Billion | 49.11% |
| Other Components | NT$4.63 Billion | 33.40% |
| Total Equity | NT$13.85 Billion | 100.00% |
Amtran Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Amtran Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Maling Aquarius Co Ltd
SHG:600073
|
$799.99 Million |
|
Redtape Limited
NSE:REDTAPE
|
$800.09 Million |
|
Talon Metals Corp
TO:TLO
|
$800.22 Million |
|
Run Long Construction Co Ltd
TW:1808
|
$800.45 Million |
|
Oil-Dri Corporation Of America
NYSE:ODC
|
$799.29 Million |
|
Citic Guoan Wine Co Ltd
SHG:600084
|
$799.16 Million |
|
Baticim Bati Anadolu Cimento Sanayi AS
IS:BTCIM
|
$798.61 Million |
|
Feitian Technologies Co Ltd
SHE:300386
|
$798.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Amtran Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,315,547,000 to 13,845,458,000, a change of 529,911,000 (4.0%).
- Net income of 1,288,335,000 contributed positively to equity growth.
- Dividend payments of 401,200,000 reduced retained earnings.
- Share repurchases of 601,000,000 reduced equity.
- Other comprehensive income increased equity by 227,312,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.29 Billion | +9.31% |
| Dividends Paid | NT$401.20 Million | -2.9% |
| Share Repurchases | NT$601.00 Million | -4.34% |
| Other Comprehensive Income | NT$227.31 Million | +1.64% |
| Other Changes | NT$16.46 Million | +0.12% |
| Total Change | NT$- | 3.98% |
Book Value vs Market Value Analysis
This analysis compares Amtran Technology 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: 1.94x
- 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 3.21x to 1.94x 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$12.96 | NT$41.60 | x |
| 2005-12-31 | NT$11.69 | NT$41.60 | x |
| 2006-12-31 | NT$12.98 | NT$41.60 | x |
| 2007-12-31 | NT$18.01 | NT$41.60 | x |
| 2008-12-31 | NT$15.76 | NT$41.60 | x |
| 2009-12-31 | NT$19.36 | NT$41.60 | x |
| 2010-12-31 | NT$21.17 | NT$41.60 | x |
| 2011-12-31 | NT$21.29 | NT$41.60 | x |
| 2012-12-31 | NT$23.43 | NT$41.60 | x |
| 2013-12-31 | NT$23.06 | NT$41.60 | x |
| 2014-12-31 | NT$22.07 | NT$41.60 | x |
| 2015-12-31 | NT$21.97 | NT$41.60 | x |
| 2016-12-31 | NT$22.52 | NT$41.60 | x |
| 2017-12-31 | NT$19.12 | NT$41.60 | x |
| 2018-12-31 | NT$18.14 | NT$41.60 | x |
| 2019-12-31 | NT$18.94 | NT$41.60 | x |
| 2020-12-31 | NT$18.65 | NT$41.60 | x |
| 2021-12-31 | NT$26.10 | NT$41.60 | x |
| 2022-12-31 | NT$20.46 | NT$41.60 | x |
| 2023-12-31 | NT$20.94 | NT$41.60 | x |
| 2024-12-31 | NT$21.45 | NT$41.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Amtran Technology 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): 9.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.54%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.53x
- Recent ROE (9.31%) is above the historical average (7.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.18% | 5.52% | 1.10x | 1.84x | NT$78.43 Million |
| 2003 | 8.98% | 4.31% | 1.15x | 1.81x | NT$-70.95 Million |
| 2004 | 2.02% | 0.85% | 1.10x | 2.18x | NT$-493.67 Million |
| 2005 | -4.83% | -1.98% | 0.97x | 2.52x | NT$-799.81 Million |
| 2006 | 14.16% | 3.20% | 1.40x | 3.17x | NT$279.39 Million |
| 2007 | 17.47% | 2.67% | 2.01x | 3.27x | NT$767.55 Million |
| 2008 | 9.30% | 1.51% | 2.17x | 2.84x | NT$-72.11 Million |
| 2009 | 14.66% | 2.98% | 1.74x | 2.83x | NT$636.63 Million |
| 2010 | 13.39% | 2.63% | 1.49x | 3.42x | NT$509.08 Million |
| 2011 | 8.18% | 2.15% | 1.31x | 2.91x | NT$-270.01 Million |
| 2012 | 9.60% | 3.89% | 1.28x | 1.93x | NT$-60.05 Million |
| 2013 | 7.77% | 3.83% | 1.14x | 1.77x | NT$-324.71 Million |
| 2014 | 5.84% | 4.68% | 0.89x | 1.40x | NT$-594.19 Million |
| 2015 | 12.08% | 8.47% | 0.94x | 1.52x | NT$301.81 Million |
| 2016 | 11.38% | 6.27% | 1.09x | 1.66x | NT$197.29 Million |
| 2017 | -7.44% | -5.27% | 0.97x | 1.46x | NT$-2.08 Billion |
| 2018 | 1.30% | 1.04% | 0.79x | 1.59x | NT$-1.04 Billion |
| 2019 | 0.04% | 0.03% | 0.88x | 1.46x | NT$-1.18 Billion |
| 2020 | 4.48% | 3.30% | 0.88x | 1.55x | NT$-681.12 Million |
| 2021 | 30.05% | 22.57% | 0.83x | 1.60x | NT$3.35 Billion |
| 2022 | -20.47% | -16.84% | 0.83x | 1.47x | NT$-4.10 Billion |
| 2023 | 3.35% | 2.69% | 0.81x | 1.53x | NT$-885.40 Million |
| 2024 | 9.31% | 5.54% | 1.10x | 1.53x | NT$-96.21 Million |
Industry Comparison
This section compares Amtran Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,815,142,900
- Average return on equity (ROE) among peers: -1.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Amtran Technology Co Ltd (2489) | NT$12.98 Billion | 11.18% | 0.78x | $799.48 Million |
| Shihlin Electric & Engineering Corp (1503) | $24.67 Billion | 6.78% | 0.65x | $3.32 Billion |
| Allis Electric Co Ltd (1514) | $2.49 Billion | 1.44% | 0.63x | $1.03 Billion |
| Fortune Electric Co Ltd (1519) | $2.04 Billion | 0.00% | 1.09x | $8.92 Billion |
| Klingon Aerospace Inc (1529) | $654.73 Million | -73.83% | 0.56x | $111.90 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $2.50 Billion | 24.68% | 0.42x | $316.71 Million |
| Chieftek Precision Co Ltd (1597) | $1.38 Billion | 4.26% | 0.92x | $475.62 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $10.61 Billion | 0.00% | 0.24x | $454.41 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $8.10 Billion | 5.82% | 1.52x | $889.25 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.50 Billion | 2.11% | 0.19x | $365.47 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.20 Billion | 13.01% | 0.87x | $276.96 Million |
About Amtran Technology Co Ltd
AmTRAN Technology Co.,Ltd engages in the design, manufacture, and sale of monitors, computers, and computer peripherals in Taiwan and internationally. The company offers display products; Audio visual products; conference equipment; collaboration computer peripherals; and smart products. It also sells computer software and hardware, LCD TVs, and electronic components; and provides maintenance, ge… Read more