Welltend Technology Corp (3021) - Net Assets
Based on the latest financial reports, Welltend Technology Corp (3021) has net assets worth NT$1.65 Billion TWD (≈ $52.12 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.24 Billion ≈ $102.11 Million USD) and total liabilities (NT$1.59 Billion ≈ $50.00 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 Welltend Technology 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$1.65 Billion |
| % of Total Assets | 51.04% |
| Annual Growth Rate | 0.17% |
| 5-Year Change | 30.33% |
| 10-Year Change | 46.11% |
| Growth Volatility | 123.37 |
Welltend Technology Corp - Net Assets Trend (2002–2025)
This chart illustrates how Welltend Technology Corp's net assets have evolved over time, based on quarterly financial data. See Welltend Technology Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Welltend Technology Corp (2002–2025)
The table below shows the annual net assets of Welltend Technology Corp from 2002 to 2025. For live valuation and market cap data, see Welltend Technology Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.65 Billion ≈ $52.12 Million |
-1.23% |
| 2024-12-31 | NT$1.67 Billion ≈ $52.76 Million |
+9.11% |
| 2023-12-31 | NT$1.53 Billion ≈ $48.36 Million |
+3.30% |
| 2022-12-31 | NT$1.49 Billion ≈ $46.81 Million |
+17.07% |
| 2021-12-31 | NT$1.27 Billion ≈ $39.99 Million |
+1.13% |
| 2020-12-31 | NT$1.26 Billion ≈ $39.54 Million |
+2.86% |
| 2019-12-31 | NT$1.22 Billion ≈ $38.44 Million |
+1.47% |
| 2018-12-31 | NT$1.20 Billion ≈ $37.88 Million |
+1.77% |
| 2017-12-31 | NT$1.18 Billion ≈ $37.22 Million |
+4.36% |
| 2016-12-31 | NT$1.13 Billion ≈ $35.67 Million |
-5.31% |
| 2015-12-31 | NT$1.20 Billion ≈ $37.67 Million |
-0.51% |
| 2014-12-31 | NT$1.20 Billion ≈ $37.86 Million |
+4.62% |
| 2013-12-31 | NT$1.15 Billion ≈ $36.19 Million |
+6.40% |
| 2012-12-31 | NT$1.08 Billion ≈ $34.01 Million |
+4.45% |
| 2011-12-31 | NT$1.03 Billion ≈ $32.56 Million |
+18.02% |
| 2010-12-31 | NT$875.78 Million ≈ $27.59 Million |
+1.90% |
| 2009-12-31 | NT$859.44 Million ≈ $27.08 Million |
+40.48% |
| 2008-12-31 | NT$611.81 Million ≈ $19.28 Million |
+86.91% |
| 2007-12-31 | NT$327.33 Million ≈ $10.31 Million |
+584.88% |
| 2006-12-31 | NT$47.79 Million ≈ $1.51 Million |
-65.42% |
| 2005-12-31 | NT$138.23 Million ≈ $4.36 Million |
-20.96% |
| 2004-12-31 | NT$174.88 Million ≈ $5.51 Million |
-84.65% |
| 2003-12-31 | NT$1.14 Billion ≈ $35.90 Million |
-28.42% |
| 2002-12-31 | NT$1.59 Billion ≈ $50.16 Million |
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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 717.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$713.19 Million | 44.72% |
| Common Stock | NT$948.90 Million | 59.50% |
| Total Equity | NT$1.59 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 |
|---|---|
|
Manuka Resources Ltd
AU:MKR
|
$92.69 Million |
|
Bon Fame Co Ltd
TWO:8433
|
$92.73 Million |
|
51 TALK ONL. SP.ADR A 60
F:C4G0
|
$92.77 Million |
|
WTK Holdings Bhd
KLSE:4243
|
$92.79 Million |
|
CareCloud, Inc.
NASDAQ:CCLD
|
$92.63 Million |
|
Cheer Time Enterprise Co Ltd
TW:3229
|
$92.63 Million |
|
XL Holdings Bhd
KLSE:7121
|
$92.57 Million |
|
Uni Charm Indonesia PT
JK:UCID
|
$92.55 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 2024 to 2025, total equity changed from 1,632,478,000 to 1,594,727,000, a change of -37,751,000 (-2.3%).
- Net income of 31,241,000 contributed positively to equity growth.
- Dividend payments of 28,767,000 reduced retained earnings.
- Share repurchases of 17,686,000 reduced equity.
- Other comprehensive income increased equity by 52,335,999.
- Other factors decreased equity by 74,874,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$31.24 Million | +1.96% |
| Dividends Paid | NT$28.77 Million | -1.8% |
| Share Repurchases | NT$17.69 Million | -1.11% |
| Other Comprehensive Income | NT$52.34 Million | +3.28% |
| Other Changes | NT$-74.87 Million | -4.7% |
| Total Change | NT$- | -2.31% |
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: 1.62x
- 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 3.06x to 1.62x 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$31.00 | x |
| 2010-12-31 | NT$8.73 | NT$31.00 | x |
| 2011-12-31 | NT$10.30 | NT$31.00 | x |
| 2012-12-31 | NT$10.76 | NT$31.00 | x |
| 2013-12-31 | NT$11.42 | NT$31.00 | x |
| 2014-12-31 | NT$12.15 | NT$31.00 | x |
| 2015-12-31 | NT$11.06 | NT$31.00 | x |
| 2016-12-31 | NT$10.93 | NT$31.00 | x |
| 2017-12-31 | NT$12.06 | NT$31.00 | x |
| 2018-12-31 | NT$12.15 | NT$31.00 | x |
| 2019-12-31 | NT$12.45 | NT$31.00 | x |
| 2020-12-31 | NT$12.98 | NT$31.00 | x |
| 2021-12-31 | NT$13.22 | NT$31.00 | x |
| 2022-12-31 | NT$15.43 | NT$31.00 | x |
| 2023-12-31 | NT$15.96 | NT$31.00 | x |
| 2024-12-31 | NT$16.99 | NT$31.00 | x |
| 2025-12-31 | NT$19.08 | NT$31.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Welltend Technology Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.94%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.03x
- Recent ROE (1.96%) is below the historical average (6.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.22% | 1.67% | 1.03x | 2.44x | NT$-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$-107.76 Million |
| 2025 | 1.96% | 0.94% | 1.03x | 2.03x | NT$-128.23 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: $37,725,212,200
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Welltend Technology Corp (3021) | NT$1.65 Billion | 4.22% | 0.96x | $92.68 Million |
| Solytech Enterprise Corp (1471) | $2.28 Billion | -15.70% | 0.21x | $51.89 Million |
| Lite-On Technology Corp (2301) | $79.24 Billion | 11.05% | 1.68x | $15.05 Billion |
| Microtek International Inc (2305) | $1.61 Billion | 0.17% | 0.31x | $214.92 Million |
| Kinpo Electronics Inc (2312) | $13.60 Billion | 7.28% | 0.85x | $1.68 Billion |
| CMC Magnetics Corp (2323) | $27.94 Billion | -6.18% | 0.41x | $403.27 Million |
| Compal Electronics Inc (2324) | $113.16 Billion | 7.88% | 2.53x | $5.18 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $3.31 Billion | 36.86% | 2.06x | $393.37 Million |
| Ritek Corp (2349) | $10.29 Billion | -7.79% | 0.90x | $302.69 Million |
| Qisda Corp (2352) | $32.95 Billion | 13.18% | 1.89x | $1.54 Billion |
| Acer Inc (2353) | $92.88 Billion | 12.22% | 2.13x | $3.26 Billion |
About 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