Edimax Technology Co Ltd
EDIMAX Technology Co., Ltd. engages in the design, development, manufacture, and marketing of networking solutions in Europe, the United States, Asia, and internationally. The company offers home products, such as 5g NR/4G LTE CPE, embedded wireless adapter, access points, ap controller, wireless projection system, switches, network adapters, KVM switches, SFP/mini GBIC, and accessories; business… Read more
Edimax Technology Co Ltd (3047) - Net Assets
Latest net assets as of September 2025: NT$3.29 Billion TWD
Based on the latest financial reports, Edimax Technology Co Ltd (3047) has net assets worth NT$3.29 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$6.13 Billion) and total liabilities (NT$2.84 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$3.29 Billion |
| % of Total Assets | 53.68% |
| Annual Growth Rate | 9.41% |
| 5-Year Change | 18.06% |
| 10-Year Change | 42.72% |
| Growth Volatility | 14.3 |
Edimax Technology Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Edimax Technology 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 Edimax Technology Co Ltd (2002–2024)
The table below shows the annual net assets of Edimax Technology Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.60 Billion | +19.99% |
| 2023-12-31 | NT$3.00 Billion | -10.79% |
| 2022-12-31 | NT$3.36 Billion | +17.52% |
| 2021-12-31 | NT$2.86 Billion | -6.15% |
| 2020-12-31 | NT$3.05 Billion | +21.01% |
| 2019-12-31 | NT$2.52 Billion | +4.00% |
| 2018-12-31 | NT$2.42 Billion | +8.98% |
| 2017-12-31 | NT$2.22 Billion | -10.74% |
| 2016-12-31 | NT$2.49 Billion | -1.26% |
| 2015-12-31 | NT$2.52 Billion | -6.87% |
| 2014-12-31 | NT$2.71 Billion | +5.12% |
| 2013-12-31 | NT$2.57 Billion | +9.26% |
| 2012-12-31 | NT$2.36 Billion | +26.52% |
| 2011-12-31 | NT$1.86 Billion | +17.40% |
| 2010-12-31 | NT$1.59 Billion | +3.92% |
| 2009-12-31 | NT$1.53 Billion | +33.91% |
| 2008-12-31 | NT$1.14 Billion | +1.09% |
| 2007-12-31 | NT$1.13 Billion | +35.35% |
| 2006-12-31 | NT$833.02 Million | +24.43% |
| 2005-12-31 | NT$669.47 Million | +13.34% |
| 2004-12-31 | NT$590.68 Million | +30.11% |
| 2003-12-31 | NT$453.99 Million | -8.68% |
| 2002-12-31 | NT$497.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Edimax Technology 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 170.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$122.76 Million | 4.50% |
| Common Stock | NT$2.24 Billion | 82.01% |
| Other Comprehensive Income | NT$31.91 Million | 1.17% |
| Other Components | NT$335.94 Million | 12.32% |
| Total Equity | NT$2.73 Billion | 100.00% |
Edimax Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Edimax Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northway Financial Inc
OTCQB:NWYF
|
$96.92 Million |
|
Synalloy Corporation
NASDAQ:ACNT
|
$96.97 Million |
|
Freightcar America Inc
NASDAQ:RAIL
|
$96.99 Million |
|
Zhejiang Prulde Electric Appliance Co. Ltd. A
SHE:301353
|
$97.00 Million |
|
Ausnutria Dairy Corporation Ltd
PINK:AUDYF
|
$96.92 Million |
|
Spirox Corp
TW:3055
|
$96.91 Million |
|
Naturelgaz Sanayi ve Ticaret AS
IS:NTGAZ
|
$96.90 Million |
|
NorthIsle Copper and Gold Inc
PINK:NTCPF
|
$96.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Edimax Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,453,265,000 to 2,727,621,000, a change of 274,356,000 (11.2%).
- Net income of 112,888,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 170,315,000.
- Other factors increased equity by 331,783,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$112.89 Million | +4.14% |
| Other Comprehensive Income | NT$-170.31 Million | -6.24% |
| Other Changes | NT$331.78 Million | +12.16% |
| Total Change | NT$- | 11.18% |
Book Value vs Market Value Analysis
This analysis compares Edimax Technology 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: 1.40x
- 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 1.52x to 1.40x 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$11.13 | NT$16.90 | x |
| 2010-12-31 | NT$10.10 | NT$16.90 | x |
| 2011-12-31 | NT$10.38 | NT$16.90 | x |
| 2012-12-31 | NT$11.41 | NT$16.90 | x |
| 2013-12-31 | NT$10.33 | NT$16.90 | x |
| 2014-12-31 | NT$10.52 | NT$16.90 | x |
| 2015-12-31 | NT$10.04 | NT$16.90 | x |
| 2016-12-31 | NT$10.49 | NT$16.90 | x |
| 2017-12-31 | NT$10.67 | NT$16.90 | x |
| 2018-12-31 | NT$10.71 | NT$16.90 | x |
| 2019-12-31 | NT$10.86 | NT$16.90 | x |
| 2020-12-31 | NT$11.68 | NT$16.90 | x |
| 2021-12-31 | NT$11.02 | NT$16.90 | x |
| 2022-12-31 | NT$11.40 | NT$16.90 | x |
| 2023-12-31 | NT$11.70 | NT$16.90 | x |
| 2024-12-31 | NT$12.05 | NT$16.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Edimax Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.66%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.68x
- Recent ROE (4.14%) is below the historical average (5.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 8.56% | 2.17% | 1.42x | 2.78x | NT$-7.15 Million |
| 2005 | 11.06% | 3.33% | 1.55x | 2.14x | NT$6.90 Million |
| 2006 | 12.13% | 3.61% | 1.63x | 2.06x | NT$17.39 Million |
| 2007 | 21.73% | 6.92% | 1.48x | 2.13x | NT$130.25 Million |
| 2008 | 5.94% | 2.08% | 1.39x | 2.05x | NT$-45.97 Million |
| 2009 | 1.98% | 0.96% | 1.23x | 1.68x | NT$-121.75 Million |
| 2010 | 3.90% | 1.86% | 1.31x | 1.60x | NT$-96.72 Million |
| 2011 | -6.48% | -1.51% | 1.51x | 2.84x | NT$-275.17 Million |
| 2012 | 9.03% | 2.93% | 1.44x | 2.14x | NT$-20.37 Million |
| 2013 | 6.20% | 2.42% | 1.27x | 2.01x | NT$-87.06 Million |
| 2014 | 5.35% | 2.09% | 1.30x | 1.97x | NT$-111.19 Million |
| 2015 | 6.67% | 2.73% | 1.20x | 2.03x | NT$-75.29 Million |
| 2016 | 3.72% | 1.59% | 0.83x | 2.82x | NT$-139.82 Million |
| 2017 | -9.24% | -3.20% | 0.87x | 3.30x | NT$-375.34 Million |
| 2018 | -1.37% | -0.39% | 0.99x | 3.53x | NT$-224.43 Million |
| 2019 | 7.66% | 2.80% | 0.84x | 3.24x | NT$-46.98 Million |
| 2020 | 10.46% | 3.60% | 0.83x | 3.50x | NT$10.00 Million |
| 2021 | -3.49% | -1.38% | 0.71x | 3.56x | NT$-279.02 Million |
| 2022 | 9.85% | 4.24% | 0.78x | 2.98x | NT$-3.85 Million |
| 2023 | -1.26% | -0.73% | 0.66x | 2.62x | NT$-276.28 Million |
| 2024 | 4.14% | 1.66% | 0.93x | 2.68x | NT$-159.87 Million |
Industry Comparison
This section compares Edimax Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,255,393,667
- Average return on equity (ROE) among peers: -6.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Edimax Technology Co Ltd (3047) | NT$3.29 Billion | 8.56% | 0.86x | $96.92 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $36.51 Million |
| Tecom Co Ltd (2321) | $530.15 Million | -16.22% | 4.00x | $4.22 Million |
| D-Link Corp (2332) | $13.60 Billion | 4.76% | 0.80x | $217.00 Million |
| Accton Technology Corp (2345) | $6.43 Billion | -9.64% | 0.97x | $22.08 Billion |
| Hitron Technologies Inc (2419) | $1.72 Billion | 0.29% | 1.37x | $106.12 Million |
| Abocom Systems Inc (2444) | $1.08 Billion | 1.09% | 1.04x | $38.22 Million |
| Zinwell Corporation (2485) | $6.81 Billion | 0.46% | 0.24x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $665.75 Million | 0.00% | 0.74x | $77.34 Million |
| CyberTAN Technology Inc (3062) | $5.01 Billion | 1.39% | 0.48x | $227.43 Million |