ALi Corp (3041) - Net Assets
Based on the latest financial reports, ALi Corp (3041) has net assets worth NT$1.69 Billion TWD (≈ $53.25 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.89 Billion ≈ $91.02 Million USD) and total liabilities (NT$1.20 Billion ≈ $37.78 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 ALi Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.69 Billion |
| % of Total Assets | 58.5% |
| Annual Growth Rate | -3.45% |
| 5-Year Change | -56.83% |
| 10-Year Change | -75.76% |
| Growth Volatility | 32.36 |
ALi Corp - Net Assets Trend (2002–2024)
This chart illustrates how ALi Corp's net assets have evolved over time, based on quarterly financial data. See ALi Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ALi Corp (2002–2024)
The table below shows the annual net assets of ALi Corp from 2002 to 2024. For live valuation and market cap data, see market cap of ALi Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.34 Billion ≈ $42.15 Million |
-16.59% |
| 2023-12-31 | NT$1.60 Billion ≈ $50.53 Million |
-50.91% |
| 2022-12-31 | NT$3.27 Billion ≈ $102.93 Million |
+5.56% |
| 2021-12-31 | NT$3.09 Billion ≈ $97.51 Million |
-0.13% |
| 2020-12-31 | NT$3.10 Billion ≈ $97.64 Million |
-7.07% |
| 2019-12-31 | NT$3.33 Billion ≈ $105.06 Million |
-8.41% |
| 2018-12-31 | NT$3.64 Billion ≈ $114.71 Million |
-17.17% |
| 2017-12-31 | NT$4.40 Billion ≈ $138.48 Million |
-10.15% |
| 2016-12-31 | NT$4.89 Billion ≈ $154.13 Million |
-11.34% |
| 2015-12-31 | NT$5.52 Billion ≈ $173.84 Million |
-4.44% |
| 2014-12-31 | NT$5.77 Billion ≈ $181.91 Million |
-5.26% |
| 2013-12-31 | NT$6.09 Billion ≈ $192.02 Million |
+6.72% |
| 2012-12-31 | NT$5.71 Billion ≈ $179.92 Million |
+4.70% |
| 2011-12-31 | NT$5.45 Billion ≈ $171.84 Million |
-9.51% |
| 2010-12-31 | NT$6.03 Billion ≈ $189.90 Million |
+7.15% |
| 2009-12-31 | NT$5.63 Billion ≈ $177.23 Million |
+18.99% |
| 2008-12-31 | NT$4.73 Billion ≈ $148.94 Million |
-2.61% |
| 2007-12-31 | NT$4.85 Billion ≈ $152.94 Million |
+16.06% |
| 2006-12-31 | NT$4.18 Billion ≈ $131.77 Million |
+23.40% |
| 2005-12-31 | NT$3.39 Billion ≈ $106.78 Million |
+125.73% |
| 2004-12-31 | NT$1.50 Billion ≈ $47.31 Million |
-47.60% |
| 2003-12-31 | NT$2.87 Billion ≈ $90.27 Million |
-1.03% |
| 2002-12-31 | NT$2.90 Billion ≈ $91.22 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ALi 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 decreased by 153.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.62 Billion | 120.99% |
| Total Equity | NT$1.34 Billion | 100.00% |
ALi Corp Competitors by Market Cap
The table below lists competitors of ALi Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DEVEX Resources Ltd
AU:DEV
|
$128.12 Million |
|
Audio Pixels Holdings Ltd
AU:AKP
|
$128.14 Million |
|
CVRx Inc
NASDAQ:CVRX
|
$128.17 Million |
|
Stalexport Autostrady SA
WAR:STX
|
$128.21 Million |
|
American Well Corp
NYSE:AMWL
|
$128.02 Million |
|
Apollo Silver Corp
V:APGO
|
$127.97 Million |
|
Diginex Limited Ordinary Shares
NASDAQ:DGNX
|
$127.93 Million |
|
Renaissance Global Limited
NSE:RGL
|
$127.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ALi Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,603,065,000 to 1,336,903,000, a change of -266,162,000 (-16.6%).
- Net loss of 280,612,000 reduced equity.
- New share issuances of 10,065,000 increased equity.
- Other comprehensive income decreased equity by 7,105,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-280.61 Million | -20.99% |
| Share Issuances | NT$10.06 Million | +0.75% |
| Other Comprehensive Income | NT$-7.11 Million | -0.53% |
| Other Changes | NT$11.49 Million | +0.86% |
| Total Change | NT$- | -16.60% |
Book Value vs Market Value Analysis
This analysis compares ALi 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: 2.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.30x to 2.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$22.23 | NT$29.00 | x |
| 2007-12-31 | NT$25.17 | NT$29.00 | x |
| 2008-12-31 | NT$24.29 | NT$29.00 | x |
| 2009-12-31 | NT$28.85 | NT$29.00 | x |
| 2010-12-31 | NT$30.72 | NT$29.00 | x |
| 2011-12-31 | NT$28.50 | NT$29.00 | x |
| 2012-12-31 | NT$30.19 | NT$29.00 | x |
| 2013-12-31 | NT$32.01 | NT$29.00 | x |
| 2014-12-31 | NT$30.12 | NT$29.00 | x |
| 2015-12-31 | NT$36.22 | NT$29.00 | x |
| 2016-12-31 | NT$26.09 | NT$29.00 | x |
| 2017-12-31 | NT$23.51 | NT$29.00 | x |
| 2018-12-31 | NT$19.35 | NT$29.00 | x |
| 2019-12-31 | NT$17.63 | NT$29.00 | x |
| 2020-12-31 | NT$16.40 | NT$29.00 | x |
| 2021-12-31 | NT$16.25 | NT$29.00 | x |
| 2022-12-31 | NT$16.83 | NT$29.00 | x |
| 2023-12-31 | NT$8.29 | NT$29.00 | x |
| 2024-12-31 | NT$11.46 | NT$29.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ALi 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): -20.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.23%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.95x
- Recent ROE (-20.99%) is below the historical average (-1.80%), 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 | 13.24% | 6.26% | 1.32x | 1.60x | NT$93.85 Million |
| 2003 | 0.18% | 0.07% | 1.22x | 2.21x | NT$-281.51 Million |
| 2005 | 21.86% | 10.40% | 1.03x | 2.04x | NT$323.44 Million |
| 2006 | 18.59% | 23.86% | 0.64x | 1.21x | NT$359.34 Million |
| 2007 | 14.45% | 18.37% | 0.64x | 1.22x | NT$216.00 Million |
| 2008 | 4.85% | 7.15% | 0.59x | 1.16x | NT$-243.27 Million |
| 2009 | 17.46% | 20.79% | 0.68x | 1.24x | NT$419.64 Million |
| 2010 | 16.11% | 23.34% | 0.57x | 1.20x | NT$368.13 Million |
| 2011 | 12.19% | 18.05% | 0.56x | 1.20x | NT$119.34 Million |
| 2012 | 13.49% | 15.04% | 0.73x | 1.24x | NT$199.15 Million |
| 2013 | 14.62% | 21.44% | 0.57x | 1.19x | NT$281.32 Million |
| 2014 | 4.58% | 5.69% | 0.68x | 1.18x | NT$-312.75 Million |
| 2015 | -1.56% | -2.37% | 0.55x | 1.19x | NT$-637.70 Million |
| 2016 | -11.76% | -16.92% | 0.59x | 1.18x | NT$-1.06 Billion |
| 2017 | -10.67% | -14.72% | 0.61x | 1.19x | NT$-908.65 Million |
| 2018 | -20.94% | -31.59% | 0.54x | 1.23x | NT$-1.13 Billion |
| 2019 | -9.54% | -15.80% | 0.50x | 1.20x | NT$-651.07 Million |
| 2020 | -7.78% | -11.63% | 0.54x | 1.23x | NT$-550.86 Million |
| 2021 | -2.90% | -3.18% | 0.74x | 1.23x | NT$-399.06 Million |
| 2022 | 0.43% | 0.53% | 0.70x | 1.15x | NT$-312.42 Million |
| 2023 | -105.52% | -117.00% | 0.57x | 1.59x | NT$-1.85 Billion |
| 2024 | -20.99% | -17.23% | 0.63x | 1.95x | NT$-414.30 Million |
Industry Comparison
This section compares ALi Corp's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $4,452,033,700
- Average return on equity (ROE) among peers: 5.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ALi Corp (3041) | NT$1.69 Billion | 13.24% | 0.71x | $128.12 Million |
| Rectron Ltd (2302) | $2.97 Billion | 0.00% | 0.39x | $235.78 Million |
| Taiwan Mask Corp (2338) | $5.04 Billion | 1.93% | 0.24x | $455.60 Million |
| SDI Corp (2351) | $2.20 Billion | 5.79% | 1.15x | $1.03 Billion |
| Lingsen Precision Industries Ltd (2369) | $6.10 Billion | 14.33% | 0.55x | $407.00 Million |
| Greatek Electronics Inc (2441) | $13.39 Billion | 16.88% | 0.16x | $2.27 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $637.47 Million | 0.00% | 0.77x | $2.49 Billion |
| Pan Jit International Inc (2481) | $6.95 Billion | 1.01% | 1.21x | $1.75 Billion |
| Ampoc Far-East Co Ltd (2493) | $1.80 Billion | 2.61% | 0.41x | $1.40 Billion |
| Episil-Precision Inc (3016) | $1.12 Billion | 6.80% | 0.13x | $1.11 Billion |
| Zenitron Corp (3028) | $4.31 Billion | 7.44% | 1.71x | $555.35 Million |
About ALi Corp
ALi Corporation engages in the research, development, design, and sale of chipsets for consumer electronic products in Hong Kong, Mainland China, Korea, Taiwan, Singapore, and internationally. It offers digital set-top box (STB) products; and STB chips, including satellite, terrestrial, cable, and decoder and internet protocol chips. The company also provides wireless connectivity solutions; smar… Read more