Welltend Technology Corp
Welltend Technology Corporation sells wires and connectors in Taiwan, Mainland China, the Philippines, and Thailand. The company operates through Information Service Department and Wire & Connectors Department segments. It offers system integration services, which include information infrastructure, custom software development, and professional IT consulting. The company provides server virtualiz… Read more
Welltend Technology Corp (3021) - Net Assets
Latest net assets as of September 2025: NT$1.59 Billion TWD
Based on the latest financial reports, Welltend Technology Corp (3021) has net assets worth NT$1.59 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$3.27 Billion) and total liabilities (NT$1.68 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$1.59 Billion |
| % of Total Assets | 48.59% |
| Annual Growth Rate | 0.23% |
| 5-Year Change | 33.44% |
| 10-Year Change | 40.07% |
| Growth Volatility | 126.01 |
Welltend Technology Corp - Net Assets Trend (2002–2024)
This chart illustrates how Welltend Technology Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Welltend Technology Corp (2002–2024)
The table below shows the annual net assets of Welltend Technology Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.67 Billion | +9.11% |
| 2023-12-31 | NT$1.53 Billion | +3.30% |
| 2022-12-31 | NT$1.49 Billion | +17.07% |
| 2021-12-31 | NT$1.27 Billion | +1.13% |
| 2020-12-31 | NT$1.26 Billion | +2.86% |
| 2019-12-31 | NT$1.22 Billion | +1.47% |
| 2018-12-31 | NT$1.20 Billion | +1.77% |
| 2017-12-31 | NT$1.18 Billion | +4.36% |
| 2016-12-31 | NT$1.13 Billion | -5.31% |
| 2015-12-31 | NT$1.20 Billion | -0.51% |
| 2014-12-31 | NT$1.20 Billion | +4.62% |
| 2013-12-31 | NT$1.15 Billion | +6.40% |
| 2012-12-31 | NT$1.08 Billion | +4.45% |
| 2011-12-31 | NT$1.03 Billion | +18.02% |
| 2010-12-31 | NT$875.78 Million | +1.90% |
| 2009-12-31 | NT$859.44 Million | +40.48% |
| 2008-12-31 | NT$611.81 Million | +86.91% |
| 2007-12-31 | NT$327.33 Million | +584.88% |
| 2006-12-31 | NT$47.79 Million | -65.42% |
| 2005-12-31 | NT$138.23 Million | -20.96% |
| 2004-12-31 | NT$174.88 Million | -84.65% |
| 2003-12-31 | NT$1.14 Billion | -28.42% |
| 2002-12-31 | NT$1.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Welltend Technology 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 723.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$718.39 Million | 44.01% |
| Common Stock | NT$958.90 Million | 58.74% |
| Other Comprehensive Income | NT$-52.34 Million | -3.21% |
| Other Components | NT$7.52 Million | 0.46% |
| Total Equity | NT$1.63 Billion | 100.00% |
Welltend Technology Corp Competitors by Market Cap
The table below lists competitors of Welltend Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOUBF
PINK:TOUBF
|
$19.57 Million |
|
ZINNWALD LITHIUM LS -01
F:7WW
|
$19.59 Million |
|
Samchuly Bicycle Co. Ltd
KQ:024950
|
$19.59 Million |
|
Taiwan Advance Bio-Pharmaceutical Inc.
TWO:4186
|
$19.59 Million |
|
Wealth Invest I&T Obligationer KL
CO:WEIITOBL
|
$19.56 Million |
|
DIAGNOS Inc
OTCQB:DGNOF
|
$19.55 Million |
|
Prime Oil Chemical Service Corp
TW:2904
|
$19.55 Million |
|
S-Energy Co.Ltd
KQ:095910
|
$19.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Welltend Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,534,661,000 to 1,632,478,000, a change of 97,817,000 (6.4%).
- Net income of 55,485,000 contributed positively to equity growth.
- Dividend payments of 28,767,000 reduced retained earnings.
- Other comprehensive income decreased equity by 159,364,999.
- Other factors increased equity by 230,463,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$55.48 Million | +3.4% |
| Dividends Paid | NT$28.77 Million | -1.76% |
| Other Comprehensive Income | NT$-159.36 Million | -9.76% |
| Other Changes | NT$230.46 Million | +14.12% |
| Total Change | NT$- | 6.37% |
Book Value vs Market Value Analysis
This analysis compares Welltend Technology 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: 0.96x
- 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 1.61x to 0.96x 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$10.12 | NT$16.25 | x |
| 2010-12-31 | NT$8.73 | NT$16.25 | x |
| 2011-12-31 | NT$10.30 | NT$16.25 | x |
| 2012-12-31 | NT$10.76 | NT$16.25 | x |
| 2013-12-31 | NT$11.42 | NT$16.25 | x |
| 2014-12-31 | NT$12.15 | NT$16.25 | x |
| 2015-12-31 | NT$11.06 | NT$16.25 | x |
| 2016-12-31 | NT$10.93 | NT$16.25 | x |
| 2017-12-31 | NT$12.06 | NT$16.25 | x |
| 2018-12-31 | NT$12.15 | NT$16.25 | x |
| 2019-12-31 | NT$12.45 | NT$16.25 | x |
| 2020-12-31 | NT$12.98 | NT$16.25 | x |
| 2021-12-31 | NT$13.22 | NT$16.25 | x |
| 2022-12-31 | NT$15.43 | NT$16.25 | x |
| 2023-12-31 | NT$15.96 | NT$16.25 | x |
| 2024-12-31 | NT$16.99 | NT$16.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Welltend Technology Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.60%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.94x
- Recent ROE (3.40%) is below the historical average (7.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.22% | 1.67% | 1.03x | 2.44x | NT$-92.10 Million |
| 2008 | 0.46% | 0.49% | 0.63x | 1.47x | NT$-58.38 Million |
| 2009 | 0.33% | 0.37% | 0.60x | 1.47x | NT$-83.11 Million |
| 2010 | 6.40% | 4.32% | 0.91x | 1.63x | NT$-31.53 Million |
| 2011 | 11.62% | 7.80% | 0.94x | 1.59x | NT$16.71 Million |
| 2012 | 6.28% | 4.21% | 1.02x | 1.46x | NT$-40.17 Million |
| 2013 | 4.20% | 3.35% | 0.90x | 1.39x | NT$-66.64 Million |
| 2014 | 6.68% | 4.87% | 0.93x | 1.48x | NT$-39.89 Million |
| 2015 | 7.17% | 4.82% | 0.87x | 1.71x | NT$-33.87 Million |
| 2016 | 9.33% | 5.54% | 1.00x | 1.69x | NT$-7.64 Million |
| 2017 | 9.22% | 5.20% | 1.02x | 1.73x | NT$-9.26 Million |
| 2018 | 10.37% | 5.25% | 1.05x | 1.88x | NT$4.41 Million |
| 2019 | 11.18% | 5.43% | 1.03x | 1.99x | NT$14.42 Million |
| 2020 | 7.65% | 3.53% | 1.00x | 2.16x | NT$-29.51 Million |
| 2021 | 10.30% | 3.88% | 1.21x | 2.20x | NT$3.82 Million |
| 2022 | 12.40% | 4.71% | 1.27x | 2.07x | NT$35.62 Million |
| 2023 | 8.38% | 4.29% | 1.02x | 1.91x | NT$-24.89 Million |
| 2024 | 3.40% | 1.60% | 1.09x | 1.94x | NT$-107.76 Million |
Industry Comparison
This section compares Welltend Technology Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Welltend Technology Corp (3021) | NT$1.59 Billion | 4.22% | 1.06x | $19.57 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |