Powercom Co Ltd (3043) - Net Assets
Based on the latest financial reports, Powercom Co Ltd (3043) has net assets worth NT$792.22 Million TWD (≈ $24.96 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$1.86 Billion ≈ $58.54 Million USD) and total liabilities (NT$1.07 Billion ≈ $33.58 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 Powercom Co Ltd (3043) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$792.22 Million |
| % of Total Assets | 42.64% |
| Annual Growth Rate | -1.69% |
| 5-Year Change | 691.22% |
| 10-Year Change | 1585.21% |
| Growth Volatility | 206.23 |
Powercom Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Powercom Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Powercom Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Powercom Co Ltd (2002–2025)
The table below shows the annual net assets of Powercom Co Ltd from 2002 to 2025. For live valuation and market cap data, see 3043 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$792.22 Million ≈ $24.96 Million |
+30.87% |
| 2024-12-31 | NT$605.34 Million ≈ $19.07 Million |
+53.47% |
| 2023-12-31 | NT$394.44 Million ≈ $12.43 Million |
-0.99% |
| 2022-12-31 | NT$398.40 Million ≈ $12.55 Million |
+297.90% |
| 2021-12-31 | NT$100.13 Million ≈ $3.15 Million |
+41.47% |
| 2020-12-31 | NT$70.78 Million ≈ $2.23 Million |
-34.82% |
| 2019-12-31 | NT$108.59 Million ≈ $3.42 Million |
+262.20% |
| 2018-12-31 | NT$29.98 Million ≈ $944.53K |
+924.26% |
| 2017-12-31 | NT$2.93 Million ≈ $92.22K |
-93.77% |
| 2016-12-31 | NT$47.01 Million ≈ $1.48 Million |
-56.43% |
| 2015-12-31 | NT$107.89 Million ≈ $3.40 Million |
-36.58% |
| 2014-12-31 | NT$170.14 Million ≈ $5.36 Million |
-55.94% |
| 2013-12-31 | NT$386.14 Million ≈ $12.17 Million |
-58.55% |
| 2012-12-31 | NT$931.56 Million ≈ $29.35 Million |
-54.32% |
| 2011-12-31 | NT$2.04 Billion ≈ $64.25 Million |
-43.05% |
| 2010-12-31 | NT$3.58 Billion ≈ $112.82 Million |
+20.36% |
| 2009-12-31 | NT$2.98 Billion ≈ $93.73 Million |
-54.56% |
| 2008-12-31 | NT$6.55 Billion ≈ $206.25 Million |
+63.84% |
| 2007-12-31 | NT$4.00 Billion ≈ $125.89 Million |
+37.01% |
| 2006-12-31 | NT$2.92 Billion ≈ $91.88 Million |
+72.40% |
| 2005-12-31 | NT$1.69 Billion ≈ $53.29 Million |
+26.13% |
| 2004-12-31 | NT$1.34 Billion ≈ $42.25 Million |
+1.10% |
| 2003-12-31 | NT$1.33 Billion ≈ $41.79 Million |
+13.27% |
| 2002-12-31 | NT$1.17 Billion ≈ $36.90 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Powercom 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 decreased by 150.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$389.76 Million | 47.89% |
| Other Comprehensive Income | NT$576.51 Million | 70.83% |
| Total Equity | NT$813.89 Million | 100.00% |
Powercom Co Ltd Competitors by Market Cap
The table below lists competitors of Powercom Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlas Engineered Products Ltd
V:AEP
|
$29.47 Million |
|
Ravinder Heights Limited
NSE:RVHL
|
$29.49 Million |
|
North Energy ASA
OL:NORTH
|
$29.49 Million |
|
Ponni Sugars (Erode) Limited
NSE:PONNIERODE
|
$29.51 Million |
|
Haatz Inc
KQ:066130
|
$29.47 Million |
|
K2A Knaust & Andersson Fastigheter AB (publ)
ST:K2A-B
|
$29.47 Million |
|
Bintai Kinden Corporation Bhd
KLSE:6998
|
$29.45 Million |
|
Maskapai Reasuransi Indonesia
JK:MREI
|
$29.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Powercom Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 632,715,000 to 813,894,000, a change of 181,179,000 (28.6%).
- Net loss of 104,082,000 reduced equity.
- Other comprehensive income increased equity by 251,893,000.
- Other factors increased equity by 33,368,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-104.08 Million | -12.79% |
| Other Comprehensive Income | NT$251.89 Million | +30.95% |
| Other Changes | NT$33.37 Million | +4.1% |
| Total Change | NT$- | 28.64% |
Book Value vs Market Value Analysis
This analysis compares Powercom 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: 1.15x
- 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 0.32x to 1.15x 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$75.66 | NT$24.00 | x |
| 2010-12-31 | NT$90.76 | NT$24.00 | x |
| 2011-12-31 | NT$51.52 | NT$24.00 | x |
| 2012-12-31 | NT$23.08 | NT$24.00 | x |
| 2013-12-31 | NT$10.05 | NT$24.00 | x |
| 2014-12-31 | NT$4.87 | NT$24.00 | x |
| 2015-12-31 | NT$3.25 | NT$24.00 | x |
| 2016-12-31 | NT$2.10 | NT$24.00 | x |
| 2017-12-31 | NT$0.96 | NT$24.00 | x |
| 2018-12-31 | NT$1.59 | NT$24.00 | x |
| 2019-12-31 | NT$3.62 | NT$24.00 | x |
| 2020-12-31 | NT$2.59 | NT$24.00 | x |
| 2021-12-31 | NT$3.36 | NT$24.00 | x |
| 2022-12-31 | NT$11.04 | NT$24.00 | x |
| 2023-12-31 | NT$10.89 | NT$24.00 | x |
| 2024-12-31 | NT$16.23 | NT$24.00 | x |
| 2025-12-31 | NT$20.88 | NT$24.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Powercom 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): -12.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.19%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.28x
- Recent ROE (-12.79%) is above the historical average (-21.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 22.45% | 15.23% | 1.03x | 1.44x | NT$145.76 Million |
| 2003 | 24.31% | 15.91% | 1.04x | 1.47x | NT$189.88 Million |
| 2004 | 16.64% | 9.51% | 1.13x | 1.55x | NT$88.85 Million |
| 2005 | 23.34% | 13.44% | 1.02x | 1.70x | NT$220.59 Million |
| 2006 | 11.23% | 7.93% | 0.78x | 1.81x | NT$27.55 Million |
| 2007 | 8.40% | 6.76% | 0.73x | 1.71x | NT$-52.01 Million |
| 2008 | 0.13% | 0.08% | 0.61x | 2.70x | NT$-306.70 Million |
| 2009 | -5.11% | -5.43% | 0.58x | 1.61x | NT$-445.50 Million |
| 2010 | 17.48% | 9.47% | 1.03x | 1.79x | NT$266.25 Million |
| 2011 | -67.57% | -37.54% | 0.62x | 2.89x | NT$-1.56 Billion |
| 2012 | -123.55% | -48.30% | 0.74x | 3.44x | NT$-1.20 Billion |
| 2013 | -123.83% | -26.65% | 0.90x | 5.15x | NT$-524.37 Million |
| 2014 | -85.10% | -10.18% | 0.87x | 9.65x | NT$-180.41 Million |
| 2015 | -52.19% | -4.66% | 0.94x | 11.88x | NT$-78.72 Million |
| 2016 | -72.55% | -4.80% | 0.91x | 16.63x | NT$-67.68 Million |
| 2017 | -149.96% | -4.79% | 0.96x | 32.51x | NT$-60.12 Million |
| 2018 | -6.12% | -0.36% | 0.88x | 19.33x | NT$-9.99 Million |
| 2019 | 54.41% | 6.34% | 0.98x | 8.72x | NT$62.61 Million |
| 2020 | -46.13% | -4.49% | 0.92x | 11.14x | NT$-56.72 Million |
| 2021 | 17.77% | 2.33% | 0.85x | 8.97x | NT$10.17 Million |
| 2022 | 24.06% | 8.20% | 0.88x | 3.34x | NT$60.51 Million |
| 2023 | -1.14% | -0.36% | 1.03x | 3.02x | NT$-47.25 Million |
| 2024 | 5.88% | 4.21% | 0.56x | 2.51x | NT$-26.09 Million |
| 2025 | -12.79% | -12.19% | 0.46x | 2.28x | NT$-185.47 Million |
Industry Comparison
This section compares Powercom Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,696,516,500
- Average return on equity (ROE) among peers: 43.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Powercom Co Ltd (3043) | NT$792.22 Million | 22.45% | 1.35x | $29.47 Million |
| Shihlin Electric & Engineering Corp (1503) | $19.41 Billion | 5.67% | 0.54x | $3.88 Billion |
| Allis Electric Co Ltd (1514) | $2.63 Billion | 2.65% | 0.72x | $1.01 Billion |
| Fortune Electric Co Ltd (1519) | $3.22 Billion | 13.15% | 0.79x | $7.99 Billion |
| Klingon Aerospace Inc (1529) | $1.60 Billion | 0.00% | 0.51x | $111.90 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.79 Billion | 16.37% | 0.39x | $329.64 Million |
| Chieftek Precision Co Ltd (1597) | $622.18 Million | 14.16% | 0.83x | $404.14 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $10.61 Billion | 0.00% | 0.24x | $464.43 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $6.42 Billion | 371.65% | 0.77x | $939.81 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.60 Billion | 9.91% | 0.14x | $378.91 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.07 Billion | 0.00% | 1.07x | $278.20 Million |
About Powercom Co Ltd
Powercom Co., Ltd provides power solutions and peripherals in Taiwan and internationally. It offers online and offline uninterruptible power supply (UPS), line-interactive UPS, three-phase UPS, functional UPS, DC UPS, lithium battery UPS, battery, auto voltage regulator, inverter, rack rail, and monitoring/SNMP card products. The company serves data centers, medical, military, government agencies… Read more