T3EX Global Holdings Corp (2636) - Net Assets
Based on the latest financial reports, T3EX Global Holdings Corp (2636) has net assets worth NT$9.64 Billion TWD (≈ $303.62 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$22.35 Billion ≈ $704.21 Million USD) and total liabilities (NT$12.71 Billion ≈ $400.59 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 T3EX Global Holdings Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$9.64 Billion |
| % of Total Assets | 43.11% |
| Annual Growth Rate | 17.34% |
| 5-Year Change | -1.59% |
| 10-Year Change | 321.32% |
| Growth Volatility | 50.83 |
T3EX Global Holdings Corp - Net Assets Trend (2009–2025)
This chart illustrates how T3EX Global Holdings Corp's net assets have evolved over time, based on quarterly financial data. See 2636 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for T3EX Global Holdings Corp (2009–2025)
The table below shows the annual net assets of T3EX Global Holdings Corp from 2009 to 2025. For live valuation and market cap data, see T3EX Global Holdings Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$10.05 Billion ≈ $316.65 Million |
-4.10% |
| 2024-12-31 | NT$10.48 Billion ≈ $330.20 Million |
+17.01% |
| 2023-12-31 | NT$8.96 Billion ≈ $282.20 Million |
-0.56% |
| 2022-12-31 | NT$9.01 Billion ≈ $283.80 Million |
-11.80% |
| 2021-12-31 | NT$10.21 Billion ≈ $321.77 Million |
+209.21% |
| 2020-12-31 | NT$3.30 Billion ≈ $104.06 Million |
+29.39% |
| 2019-12-31 | NT$2.55 Billion ≈ $80.43 Million |
-3.63% |
| 2018-12-31 | NT$2.65 Billion ≈ $83.45 Million |
+10.71% |
| 2017-12-31 | NT$2.39 Billion ≈ $75.38 Million |
+0.30% |
| 2016-12-31 | NT$2.39 Billion ≈ $75.16 Million |
-9.50% |
| 2015-12-31 | NT$2.64 Billion ≈ $83.05 Million |
+28.74% |
| 2014-12-31 | NT$2.05 Billion ≈ $64.51 Million |
+44.65% |
| 2013-12-31 | NT$1.42 Billion ≈ $44.60 Million |
+17.64% |
| 2012-12-31 | NT$1.20 Billion ≈ $37.91 Million |
-4.41% |
| 2011-12-31 | NT$1.26 Billion ≈ $39.66 Million |
+40.86% |
| 2010-12-31 | NT$893.64 Million ≈ $28.15 Million |
+14.83% |
| 2009-12-31 | NT$778.24 Million ≈ $24.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to T3EX Global Holdings 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 grown by 6958.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.67 Billion | 47.44% |
| Common Stock | NT$1.42 Billion | 14.41% |
| Other Comprehensive Income | NT$2.15 Billion | 21.80% |
| Other Components | NT$1.61 Billion | 16.34% |
| Total Equity | NT$9.84 Billion | 100.00% |
T3EX Global Holdings Corp Competitors by Market Cap
The table below lists competitors of T3EX Global Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scpharmaceuticals Inc
NASDAQ:SCPH
|
$304.36 Million |
|
Rimini Street Inc
NASDAQ:RMNI
|
$304.38 Million |
|
Korea Ratings Co. Ltd
KQ:034950
|
$304.42 Million |
|
ACOTEC SCIEN.H. DL-00001
F:7W3
|
$304.44 Million |
|
D. Boral ARC Acquisition I Corp. Class A Ordinary Shares
NASDAQ:BCAR
|
$304.18 Million |
|
Neuberger Berman IMF Inc
NYSE MKT:NBH
|
$304.18 Million |
|
Value Line Inc
NASDAQ:VALU
|
$304.15 Million |
|
K Car Co Ltd
KO:381970
|
$304.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in T3EX Global Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,061,988,000 to 9,841,568,000, a change of -220,420,000 (-2.2%).
- Net income of 1,060,485,000 contributed positively to equity growth.
- Dividend payments of 410,884,000 reduced retained earnings.
- Other comprehensive income increased equity by 861,634,001.
- Other factors decreased equity by 1,731,655,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.06 Billion | +10.78% |
| Dividends Paid | NT$410.88 Million | -4.17% |
| Other Comprehensive Income | NT$861.63 Million | +8.76% |
| Other Changes | NT$-1.73 Billion | -17.6% |
| Total Change | NT$- | -2.19% |
Book Value vs Market Value Analysis
This analysis compares T3EX Global Holdings 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: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.37x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$11.06 | NT$70.50 | x |
| 2010-12-31 | NT$12.81 | NT$70.50 | x |
| 2011-12-31 | NT$13.71 | NT$70.50 | x |
| 2012-12-31 | NT$11.55 | NT$70.50 | x |
| 2013-12-31 | NT$15.85 | NT$70.50 | x |
| 2014-12-31 | NT$18.62 | NT$70.50 | x |
| 2015-12-31 | NT$19.58 | NT$70.50 | x |
| 2016-12-31 | NT$16.48 | NT$70.50 | x |
| 2017-12-31 | NT$17.41 | NT$70.50 | x |
| 2018-12-31 | NT$20.01 | NT$70.50 | x |
| 2019-12-31 | NT$20.27 | NT$70.50 | x |
| 2020-12-31 | NT$26.50 | NT$70.50 | x |
| 2021-12-31 | NT$76.41 | NT$70.50 | x |
| 2022-12-31 | NT$61.64 | NT$70.50 | x |
| 2023-12-31 | NT$62.87 | NT$70.50 | x |
| 2024-12-31 | NT$73.36 | NT$70.50 | x |
| 2025-12-31 | NT$70.77 | NT$70.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently T3EX Global Holdings Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.10%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.29x
- Recent ROE (10.78%) is below the historical average (13.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 4.32% | 0.92% | 3.18x | 1.48x | NT$-43.32 Million |
| 2010 | 17.29% | 2.52% | 2.31x | 2.96x | NT$63.35 Million |
| 2011 | 11.48% | 1.79% | 2.71x | 2.37x | NT$18.30 Million |
| 2012 | 5.63% | 7.57% | 0.46x | 1.62x | NT$-52.56 Million |
| 2013 | 7.52% | 1.25% | 2.58x | 2.33x | NT$-34.47 Million |
| 2014 | 9.88% | 2.04% | 2.47x | 1.96x | NT$-2.51 Million |
| 2015 | 11.72% | 3.02% | 2.05x | 1.90x | NT$43.18 Million |
| 2016 | 5.78% | 1.34% | 2.02x | 2.13x | NT$-95.43 Million |
| 2017 | 10.53% | 2.28% | 2.04x | 2.27x | NT$12.16 Million |
| 2018 | 14.29% | 3.08% | 2.06x | 2.25x | NT$106.61 Million |
| 2019 | 10.33% | 2.21% | 1.86x | 2.51x | NT$8.04 Million |
| 2020 | 17.27% | 3.58% | 1.97x | 2.46x | NT$228.12 Million |
| 2021 | 39.25% | 10.92% | 2.17x | 1.66x | NT$2.93 Billion |
| 2022 | 29.21% | 9.03% | 1.59x | 2.03x | NT$1.68 Billion |
| 2023 | 17.09% | 10.07% | 0.89x | 1.92x | NT$611.17 Million |
| 2024 | 12.78% | 5.05% | 1.21x | 2.09x | NT$279.81 Million |
| 2025 | 10.78% | 5.10% | 0.92x | 2.29x | NT$76.33 Million |
Industry Comparison
This section compares T3EX Global Holdings Corp's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $4,492,480,250
- Average return on equity (ROE) among peers: 9.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| T3EX Global Holdings Corp (2636) | NT$9.64 Billion | 4.32% | 1.32x | $304.21 Million |
| Lily Textile Co Ltd (1443) | $2.18 Billion | 0.00% | 1.83x | $118.11 Million |
| Evergreen International Storage & Transport Corp (2607) | $23.35 Billion | 2.92% | 0.50x | $840.52 Million |
| Chinese Maritime Transport Ltd (2612) | $3.08 Billion | 17.59% | 1.18x | $338.47 Million |
| Taiwan Pelican Express Co Ltd (2642) | $1.66 Billion | 7.12% | 0.47x | $63.46 Million |
| Soonest Express Co Ltd (2643) | $1.11 Billion | 26.24% | 0.68x | $73.66 Million |
| Taiwan Allied Container Terminal (5601) | $1.39 Billion | 1.96% | 0.35x | $66.96 Million |
| Sea & Land Integrated Co (5603) | $1.30 Billion | 8.58% | 0.80x | $50.06 Million |
| Dimerco Express (5609) | $1.88 Billion | 12.97% | 0.92x | $343.21 Million |
About T3EX Global Holdings Corp
T3EX Global Holdings Corp., an investment holding company, provides integrated logistics services in Taiwan, Hong Kong, China, East Asia, and internationally. The company operates through Sea Export and Air Export segments. It offers international freight forwarding services, such as ocean and air freight services. The company also provides domestic logistics services, including sea and air freig… Read more