Action Electronics Co Ltd
Action Electronics Co., Ltd., together with its subsidiaries, manufactures and sells of audio-visual, various homes appliances, and related products in Taiwan, the Mainland China, the United States, and internationally. The company is involved in the repair and installment services of home appliances; processing and trading of audio-visual electronic products; warehousing services; housing and bu… Read more
Action Electronics Co Ltd (3024) - Net Assets
Latest net assets as of September 2025: NT$2.94 Billion TWD
Based on the latest financial reports, Action Electronics Co Ltd (3024) has net assets worth NT$2.94 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$4.44 Billion) and total liabilities (NT$1.50 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$2.94 Billion |
| % of Total Assets | 66.25% |
| Annual Growth Rate | 2.13% |
| 5-Year Change | 16.23% |
| 10-Year Change | 38.43% |
| Growth Volatility | 17.47 |
Action Electronics Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Action Electronics 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 Action Electronics Co Ltd (2000–2024)
The table below shows the annual net assets of Action Electronics Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.04 Billion | +8.06% |
| 2023-12-31 | NT$2.81 Billion | -0.66% |
| 2022-12-31 | NT$2.83 Billion | -0.18% |
| 2021-12-31 | NT$2.84 Billion | +8.46% |
| 2020-12-31 | NT$2.61 Billion | -1.10% |
| 2019-12-31 | NT$2.64 Billion | -1.07% |
| 2018-12-31 | NT$2.67 Billion | +4.71% |
| 2017-12-31 | NT$2.55 Billion | -9.60% |
| 2016-12-31 | NT$2.82 Billion | +28.60% |
| 2015-12-31 | NT$2.19 Billion | -31.29% |
| 2014-12-31 | NT$3.19 Billion | -9.37% |
| 2013-12-31 | NT$3.52 Billion | -10.16% |
| 2012-12-31 | NT$3.92 Billion | -9.57% |
| 2011-12-31 | NT$4.34 Billion | -11.50% |
| 2010-12-31 | NT$4.90 Billion | -2.72% |
| 2009-12-31 | NT$5.04 Billion | -5.04% |
| 2008-12-31 | NT$5.31 Billion | -6.03% |
| 2007-12-31 | NT$5.65 Billion | -0.89% |
| 2006-12-31 | NT$5.70 Billion | -7.28% |
| 2005-12-31 | NT$6.15 Billion | +48.87% |
| 2004-12-31 | NT$4.13 Billion | +16.45% |
| 2003-12-31 | NT$3.55 Billion | +34.88% |
| 2002-12-31 | NT$2.63 Billion | +33.22% |
| 2001-12-31 | NT$1.97 Billion | +7.73% |
| 2000-12-31 | NT$1.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Action Electronics 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 116.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$189.06 Million | 6.22% |
| Common Stock | NT$2.77 Billion | 91.22% |
| Other Comprehensive Income | NT$76.47 Million | 2.52% |
| Other Components | NT$1.34 Million | 0.04% |
| Total Equity | NT$3.04 Billion | 100.00% |
Action Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Action Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SA Catana Group
PA:CATG
|
$69.35 Million |
|
P/F BankNordik
CO:BNORDIK-CSE
|
$69.40 Million |
|
SEPC Limited
NSE:SEPC
|
$69.44 Million |
|
Ocean Power Technologies Inc
NYSE MKT:OPTT
|
$69.45 Million |
|
Pacific Edge Limited
PINK:PFGTF
|
$69.34 Million |
|
BusinessOn Communication Co. Ltd
KQ:138580
|
$69.33 Million |
|
East Tender Opto
TWO:6588
|
$69.33 Million |
|
Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS
IS:GENIL
|
$69.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Action Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,811,696,000 to 3,038,448,000, a change of 226,752,000 (8.1%).
- Net income of 183,726,000 contributed positively to equity growth.
- Dividend payments of 27,716,000 reduced retained earnings.
- Other comprehensive income increased equity by 153,906,999.
- Other factors decreased equity by 83,164,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$183.73 Million | +6.05% |
| Dividends Paid | NT$27.72 Million | -0.91% |
| Other Comprehensive Income | NT$153.91 Million | +5.07% |
| Other Changes | NT$-83.16 Million | -2.74% |
| Total Change | NT$- | 8.06% |
Book Value vs Market Value Analysis
This analysis compares Action Electronics 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: 0.95x
- 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 increased from 0.82x to 0.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$12.61 | NT$10.40 | x |
| 2010-12-31 | NT$12.41 | NT$10.40 | x |
| 2011-12-31 | NT$10.88 | NT$10.40 | x |
| 2012-12-31 | NT$10.45 | NT$10.40 | x |
| 2013-12-31 | NT$9.74 | NT$10.40 | x |
| 2014-12-31 | NT$9.02 | NT$10.40 | x |
| 2015-12-31 | NT$7.93 | NT$10.40 | x |
| 2016-12-31 | NT$10.18 | NT$10.40 | x |
| 2017-12-31 | NT$9.21 | NT$10.40 | x |
| 2018-12-31 | NT$9.58 | NT$10.40 | x |
| 2019-12-31 | NT$9.51 | NT$10.40 | x |
| 2020-12-31 | NT$9.43 | NT$10.40 | x |
| 2021-12-31 | NT$10.20 | NT$10.40 | x |
| 2022-12-31 | NT$10.20 | NT$10.40 | x |
| 2023-12-31 | NT$10.14 | NT$10.40 | x |
| 2024-12-31 | NT$10.95 | NT$10.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Action Electronics Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.36%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.53x
- Recent ROE (6.05%) is above the historical average (3.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.76% | 2.18% | 1.18x | 1.86x | NT$-95.93 Million |
| 2001 | 6.45% | 3.37% | 1.10x | 1.74x | NT$-70.01 Million |
| 2002 | 20.96% | 8.25% | 1.34x | 1.89x | NT$287.99 Million |
| 2003 | 18.90% | 6.49% | 1.35x | 2.15x | NT$315.44 Million |
| 2004 | 16.67% | 6.51% | 1.16x | 2.20x | NT$235.07 Million |
| 2005 | 15.87% | 5.00% | 1.91x | 1.67x | NT$323.94 Million |
| 2006 | 3.17% | 1.24% | 1.66x | 1.55x | NT$-353.09 Million |
| 2007 | 3.06% | 1.09% | 1.41x | 2.00x | NT$-350.79 Million |
| 2009 | -5.91% | -2.48% | 1.01x | 2.35x | NT$-660.93 Million |
| 2010 | 1.48% | 0.44% | 1.40x | 2.42x | NT$-335.90 Million |
| 2011 | -6.94% | -2.58% | 1.02x | 2.63x | NT$-580.00 Million |
| 2012 | -7.79% | -3.31% | 0.94x | 2.50x | NT$-540.87 Million |
| 2013 | -20.39% | -10.98% | 0.73x | 2.56x | NT$-820.77 Million |
| 2014 | -13.04% | -5.75% | 0.91x | 2.49x | NT$-576.32 Million |
| 2015 | -15.07% | -6.56% | 0.98x | 2.35x | NT$-551.24 Million |
| 2016 | 27.18% | 22.33% | 0.69x | 1.77x | NT$484.85 Million |
| 2017 | 1.36% | 1.33% | 0.65x | 1.58x | NT$-220.59 Million |
| 2018 | 5.56% | 9.42% | 0.40x | 1.49x | NT$-118.43 Million |
| 2019 | 2.07% | 4.05% | 0.36x | 1.43x | NT$-209.63 Million |
| 2020 | 1.76% | 3.60% | 0.35x | 1.42x | NT$-215.78 Million |
| 2021 | 7.35% | 13.58% | 0.35x | 1.54x | NT$-75.00 Million |
| 2022 | 3.24% | 6.17% | 0.32x | 1.63x | NT$-191.25 Million |
| 2023 | 3.88% | 7.14% | 0.30x | 1.83x | NT$-172.18 Million |
| 2024 | 6.05% | 7.36% | 0.54x | 1.53x | NT$-120.12 Million |
Industry Comparison
This section compares Action Electronics Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,004,868,556
- Average return on equity (ROE) among peers: 7.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Action Electronics Co Ltd (3024) | NT$2.94 Billion | 4.76% | 0.51x | $69.35 Million |
| Lung Hwa Electronics Co Ltd (2424) | $317.59 Million | -9.51% | 0.16x | $12.91 Million |
| Merry Electronics Co Ltd (2439) | $2.17 Billion | 16.03% | 0.57x | $570.30 Million |
| Taiwan Line Tek Electronic Co Ltd (2462) | $2.55 Billion | 0.44% | 0.92x | $64.46 Million |
| Meiloon Industrial Co Ltd (2477) | $4.80 Billion | 22.79% | 0.42x | $54.24 Million |
| Hanpin Electron Co Ltd (2488) | $1.90 Billion | 9.99% | 0.94x | $79.48 Million |
| Global View Co Ltd (3040) | $1.93 Billion | 36.06% | 0.07x | $52.08 Million |
| U-Tech Media Corp (3050) | $2.71 Billion | 2.67% | 0.85x | $41.27 Million |
| Phonic Corporation (3067) | $158.28 Million | -14.71% | 0.12x | $5.31K |
| Powertech Industrial Co Ltd (3296) | $1.49 Billion | 1.74% | 0.47x | $37.37 Million |