Asia Vital Components Co Ltd
Asia Vital Components Co., Ltd., together with its subsidiaries, provides thermal solutions worldwide. It is involved in the manufacture, process, assembly, import, and export of electronic parts and materials, communication electronic machinery products, automobile parts, lighting device, and computer peripherals. The company offers DC, EC, and thin centrifugal fans; and fan arrays, heat sinks, … Read more
Asia Vital Components Co Ltd (3017) - Net Assets
Latest net assets as of September 2025: NT$41.59 Billion TWD
Based on the latest financial reports, Asia Vital Components Co Ltd (3017) has net assets worth NT$41.59 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$139.25 Billion) and total liabilities (NT$97.66 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$41.59 Billion |
| % of Total Assets | 29.87% |
| Annual Growth Rate | 14.52% |
| 5-Year Change | 196.53% |
| 10-Year Change | 283.01% |
| Growth Volatility | 15.22 |
Asia Vital Components Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Asia Vital Components Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asia Vital Components Co Ltd (2002–2024)
The table below shows the annual net assets of Asia Vital Components Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$33.47 Billion | +29.50% |
| 2023-12-31 | NT$25.85 Billion | +48.35% |
| 2022-12-31 | NT$17.42 Billion | +23.70% |
| 2021-12-31 | NT$14.08 Billion | +24.77% |
| 2020-12-31 | NT$11.29 Billion | +20.94% |
| 2019-12-31 | NT$9.33 Billion | +3.61% |
| 2018-12-31 | NT$9.01 Billion | +2.06% |
| 2017-12-31 | NT$8.83 Billion | +2.57% |
| 2016-12-31 | NT$8.61 Billion | -1.53% |
| 2015-12-31 | NT$8.74 Billion | +3.03% |
| 2014-12-31 | NT$8.48 Billion | +14.35% |
| 2013-12-31 | NT$7.42 Billion | +5.87% |
| 2012-12-31 | NT$7.01 Billion | -3.44% |
| 2011-12-31 | NT$7.26 Billion | +26.97% |
| 2010-12-31 | NT$5.72 Billion | +3.58% |
| 2009-12-31 | NT$5.52 Billion | +12.64% |
| 2008-12-31 | NT$4.90 Billion | +3.79% |
| 2007-12-31 | NT$4.72 Billion | +7.37% |
| 2006-12-31 | NT$4.40 Billion | +5.62% |
| 2005-12-31 | NT$4.16 Billion | +19.15% |
| 2004-12-31 | NT$3.49 Billion | +49.32% |
| 2003-12-31 | NT$2.34 Billion | +38.11% |
| 2002-12-31 | NT$1.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asia Vital Components 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 4982.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$19.00 Billion | 65.80% |
| Common Stock | NT$3.88 Billion | 13.42% |
| Other Comprehensive Income | NT$4.01 Billion | 13.89% |
| Other Components | NT$1.99 Billion | 6.88% |
| Total Equity | NT$28.87 Billion | 100.00% |
Asia Vital Components Co Ltd Competitors by Market Cap
The table below lists competitors of Asia Vital Components Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NTPC Limited
NSE:NTPC
|
$19.17 Billion |
|
CyberArk Software Ltd
NASDAQ:CYBR
|
$19.18 Billion |
|
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
F:PTI
|
$19.22 Billion |
|
Li Auto Inc
NASDAQ:LI
|
$19.22 Billion |
|
JAPAN POST BANK Co.Ltd
PINK:JPSTF
|
$19.10 Billion |
|
Telecom Italia S.p.A
PINK:TIAIY
|
$19.04 Billion |
|
Publicis Groupe S.A
OTCQX:PGPEF
|
$19.01 Billion |
|
Alamos Gold Inc
NYSE:AGI
|
$19.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Vital Components Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,029,677,000 to 28,870,634,000, a change of 6,840,957,000 (31.1%).
- Net income of 8,172,379,000 contributed positively to equity growth.
- Dividend payments of 2,683,171,000 reduced retained earnings.
- New share issuances of 218,029,000 increased equity.
- Other comprehensive income increased equity by 5,462,303,000.
- Other factors decreased equity by 4,328,583,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$8.17 Billion | +28.31% |
| Dividends Paid | NT$2.68 Billion | -9.29% |
| Share Issuances | NT$218.03 Million | +0.76% |
| Other Comprehensive Income | NT$5.46 Billion | +18.92% |
| Other Changes | NT$-4.33 Billion | -14.99% |
| Total Change | NT$- | 31.05% |
Book Value vs Market Value Analysis
This analysis compares Asia Vital Components 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: 26.15x
- 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 154.65x to 26.15x 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$12.32 | NT$1905.00 | x |
| 2007-12-31 | NT$14.08 | NT$1905.00 | x |
| 2008-12-31 | NT$14.56 | NT$1905.00 | x |
| 2009-12-31 | NT$16.94 | NT$1905.00 | x |
| 2010-12-31 | NT$19.28 | NT$1905.00 | x |
| 2011-12-31 | NT$18.35 | NT$1905.00 | x |
| 2012-12-31 | NT$19.34 | NT$1905.00 | x |
| 2013-12-31 | NT$20.42 | NT$1905.00 | x |
| 2014-12-31 | NT$22.98 | NT$1905.00 | x |
| 2015-12-31 | NT$23.90 | NT$1905.00 | x |
| 2016-12-31 | NT$23.29 | NT$1905.00 | x |
| 2017-12-31 | NT$23.87 | NT$1905.00 | x |
| 2018-12-31 | NT$24.45 | NT$1905.00 | x |
| 2019-12-31 | NT$25.03 | NT$1905.00 | x |
| 2020-12-31 | NT$29.49 | NT$1905.00 | x |
| 2021-12-31 | NT$34.59 | NT$1905.00 | x |
| 2022-12-31 | NT$43.16 | NT$1905.00 | x |
| 2023-12-31 | NT$56.92 | NT$1905.00 | x |
| 2024-12-31 | NT$72.85 | NT$1905.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Vital Components 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): 28.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.39%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 3.46x
- Recent ROE (28.31%) is above the historical average (12.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 20.37% | 7.87% | 1.27x | 2.04x | NT$175.58 Million |
| 2003 | 17.24% | 4.04% | 1.08x | 3.97x | NT$138.56 Million |
| 2004 | 13.29% | 3.16% | 1.43x | 2.95x | NT$96.60 Million |
| 2005 | 0.02% | 0.01% | 1.15x | 3.12x | NT$-354.95 Million |
| 2006 | -9.06% | -2.29% | 1.07x | 3.70x | NT$-700.93 Million |
| 2007 | 12.13% | 2.85% | 1.56x | 2.74x | NT$97.31 Million |
| 2008 | 9.52% | 3.00% | 1.32x | 2.40x | NT$-23.55 Million |
| 2009 | 14.18% | 5.18% | 1.21x | 2.26x | NT$230.72 Million |
| 2010 | 17.86% | 5.03% | 1.37x | 2.59x | NT$449.25 Million |
| 2011 | 9.25% | 3.46% | 1.20x | 2.23x | NT$-54.12 Million |
| 2012 | 0.49% | 0.19% | 1.05x | 2.45x | NT$-656.94 Million |
| 2013 | 3.36% | 1.23% | 0.91x | 2.99x | NT$-486.61 Million |
| 2014 | 8.80% | 3.03% | 1.02x | 2.85x | NT$-99.66 Million |
| 2015 | 8.62% | 2.89% | 0.95x | 3.14x | NT$-118.48 Million |
| 2016 | 10.24% | 3.25% | 0.96x | 3.29x | NT$20.30 Million |
| 2017 | 10.32% | 3.27% | 0.96x | 3.28x | NT$27.54 Million |
| 2018 | 8.11% | 2.45% | 0.96x | 3.47x | NT$-165.75 Million |
| 2019 | 10.67% | 2.62% | 1.03x | 3.96x | NT$60.37 Million |
| 2020 | 18.11% | 4.83% | 0.98x | 3.85x | NT$858.19 Million |
| 2021 | 23.37% | 6.13% | 0.93x | 4.10x | NT$1.66 Billion |
| 2022 | 26.86% | 7.43% | 0.93x | 3.90x | NT$2.61 Billion |
| 2023 | 24.08% | 8.96% | 0.83x | 3.25x | NT$3.10 Billion |
| 2024 | 28.31% | 11.39% | 0.72x | 3.46x | NT$5.29 Billion |
Industry Comparison
This section compares Asia Vital Components Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asia Vital Components Co Ltd (3017) | NT$41.59 Billion | 20.37% | 2.35x | $19.15 Billion |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |