Apex Science & Engineering Corp (3052) - Net Assets
Based on the latest financial reports, Apex Science & Engineering Corp (3052) has net assets worth NT$3.58 Billion TWD (≈ $112.65 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$11.99 Billion ≈ $377.76 Million USD) and total liabilities (NT$8.41 Billion ≈ $265.11 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 Apex Science & Engineering Corp (3052) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.58 Billion |
| % of Total Assets | 29.82% |
| Annual Growth Rate | 2.99% |
| 5-Year Change | 11.0% |
| 10-Year Change | 14.47% |
| Growth Volatility | 11.33 |
Apex Science & Engineering Corp - Net Assets Trend (2002–2024)
This chart illustrates how Apex Science & Engineering Corp's net assets have evolved over time, based on quarterly financial data. Also explore 3052 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Apex Science & Engineering Corp (2002–2024)
The table below shows the annual net assets of Apex Science & Engineering Corp from 2002 to 2024. For live valuation and market cap data, see 3052 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.49 Billion ≈ $109.85 Million |
+4.17% |
| 2023-12-31 | NT$3.35 Billion ≈ $105.45 Million |
+3.85% |
| 2022-12-31 | NT$3.22 Billion ≈ $101.54 Million |
+4.49% |
| 2021-12-31 | NT$3.08 Billion ≈ $97.17 Million |
-1.81% |
| 2020-12-31 | NT$3.14 Billion ≈ $98.96 Million |
+5.30% |
| 2019-12-31 | NT$2.98 Billion ≈ $93.98 Million |
+5.42% |
| 2018-12-31 | NT$2.83 Billion ≈ $89.15 Million |
-9.18% |
| 2017-12-31 | NT$3.12 Billion ≈ $98.16 Million |
+4.77% |
| 2016-12-31 | NT$2.97 Billion ≈ $93.69 Million |
-2.37% |
| 2015-12-31 | NT$3.05 Billion ≈ $95.96 Million |
+0.60% |
| 2014-12-31 | NT$3.03 Billion ≈ $95.39 Million |
-1.26% |
| 2013-12-31 | NT$3.07 Billion ≈ $96.61 Million |
+28.07% |
| 2012-12-31 | NT$2.39 Billion ≈ $75.43 Million |
+0.51% |
| 2011-12-31 | NT$2.38 Billion ≈ $75.05 Million |
+4.26% |
| 2010-12-31 | NT$2.28 Billion ≈ $71.99 Million |
+19.50% |
| 2009-12-31 | NT$1.91 Billion ≈ $60.24 Million |
+28.20% |
| 2008-12-31 | NT$1.49 Billion ≈ $46.99 Million |
+13.59% |
| 2007-12-31 | NT$1.31 Billion ≈ $41.37 Million |
+5.24% |
| 2006-12-31 | NT$1.25 Billion ≈ $39.30 Million |
+1.21% |
| 2005-12-31 | NT$1.23 Billion ≈ $38.84 Million |
-24.23% |
| 2004-12-31 | NT$1.63 Billion ≈ $51.25 Million |
-1.10% |
| 2003-12-31 | NT$1.64 Billion ≈ $51.83 Million |
-9.85% |
| 2002-12-31 | NT$1.82 Billion ≈ $57.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Apex Science & Engineering 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 67421800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$674.22 Million | 19.85% |
| Common Stock | NT$2.35 Billion | 69.27% |
| Other Components | NT$369.17 Million | 10.87% |
| Total Equity | NT$3.40 Billion | 100.00% |
Apex Science & Engineering Corp Competitors by Market Cap
The table below lists competitors of Apex Science & Engineering Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chunghwa Chemical Synthesis & Biotech Co Ltd
TW:1762
|
$68.46 Million |
|
Crown Seal Public Company Limited
BK:CSC
|
$68.48 Million |
|
Ihlas Holding AS
IS:IHLAS
|
$68.49 Million |
|
Foodnamoo. Inc
KQ:290720
|
$68.50 Million |
|
Great Boulder Resources Ltd
AU:GBR
|
$68.44 Million |
|
Daekyo
KO:019680
|
$68.40 Million |
|
Pathfinder Bancorp Inc
NASDAQ:PBHC
|
$68.32 Million |
|
Inoue Rubber (Thailand) Public Company Limited
BK:IRC
|
$68.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apex Science & Engineering Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,258,339,000 to 3,395,845,000, a change of 137,506,000 (4.2%).
- Net income of 199,727,000 contributed positively to equity growth.
- Dividend payments of 81,080,000 reduced retained earnings.
- Other comprehensive income decreased equity by 593,352,000.
- Other factors increased equity by 612,211,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$199.73 Million | +5.88% |
| Dividends Paid | NT$81.08 Million | -2.39% |
| Other Comprehensive Income | NT$-593.35 Million | -17.47% |
| Other Changes | NT$612.21 Million | +18.03% |
| Total Change | NT$- | 4.22% |
Book Value vs Market Value Analysis
This analysis compares Apex Science & Engineering 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: 0.65x
- 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 decreased from 1.08x to 0.65x 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$9.91 | NT$10.65 | x |
| 2010-12-31 | NT$10.19 | NT$10.65 | x |
| 2011-12-31 | NT$10.63 | NT$10.65 | x |
| 2012-12-31 | NT$10.78 | NT$10.65 | x |
| 2013-12-31 | NT$14.02 | NT$10.65 | x |
| 2014-12-31 | NT$14.12 | NT$10.65 | x |
| 2015-12-31 | NT$14.27 | NT$10.65 | x |
| 2016-12-31 | NT$14.18 | NT$10.65 | x |
| 2017-12-31 | NT$14.66 | NT$10.65 | x |
| 2018-12-31 | NT$13.46 | NT$10.65 | x |
| 2019-12-31 | NT$14.00 | NT$10.65 | x |
| 2020-12-31 | NT$14.87 | NT$10.65 | x |
| 2021-12-31 | NT$14.72 | NT$10.65 | x |
| 2022-12-31 | NT$15.38 | NT$10.65 | x |
| 2023-12-31 | NT$15.99 | NT$10.65 | x |
| 2024-12-31 | NT$16.45 | NT$10.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apex Science & Engineering Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.51%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.95x
- Recent ROE (5.88%) is below the historical average (8.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.89% | 1.60% | 0.92x | 1.97x | NT$-129.83 Million |
| 2004 | 0.85% | 0.36% | 1.07x | 2.17x | NT$-148.93 Million |
| 2006 | 0.53% | 0.42% | 0.70x | 1.81x | NT$-108.21 Million |
| 2007 | 7.34% | 6.03% | 0.47x | 2.62x | NT$-32.22 Million |
| 2008 | 12.26% | 6.19% | 0.59x | 3.38x | NT$31.45 Million |
| 2009 | 24.69% | 15.45% | 0.49x | 3.24x | NT$268.47 Million |
| 2010 | 8.55% | 6.88% | 0.41x | 3.00x | NT$-30.39 Million |
| 2011 | 8.23% | 3.36% | 0.64x | 3.85x | NT$-38.61 Million |
| 2012 | 8.11% | 4.69% | 0.45x | 3.87x | NT$-41.84 Million |
| 2013 | 43.34% | 15.32% | 1.16x | 2.43x | NT$963.85 Million |
| 2014 | 6.41% | 5.03% | 0.52x | 2.46x | NT$-104.07 Million |
| 2015 | 4.88% | 5.68% | 0.31x | 2.80x | NT$-149.80 Million |
| 2016 | 1.56% | 1.54% | 0.32x | 3.20x | NT$-240.28 Million |
| 2017 | 6.73% | 5.15% | 0.43x | 3.07x | NT$-97.67 Million |
| 2018 | -5.03% | -12.69% | 0.10x | 3.96x | NT$-405.97 Million |
| 2019 | 6.12% | 3.12% | 0.69x | 2.84x | NT$-111.10 Million |
| 2020 | 10.34% | 6.05% | 0.69x | 2.47x | NT$10.24 Million |
| 2021 | 3.43% | 2.84% | 0.44x | 2.73x | NT$-196.84 Million |
| 2022 | 6.60% | 7.01% | 0.31x | 2.99x | NT$-106.63 Million |
| 2023 | 6.29% | 5.88% | 0.46x | 2.34x | NT$-121.04 Million |
| 2024 | 5.88% | 7.51% | 0.27x | 2.95x | NT$-139.86 Million |
Industry Comparison
This section compares Apex Science & Engineering Corp's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,966,943,900
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apex Science & Engineering Corp (3052) | NT$3.58 Billion | 2.89% | 2.35x | $68.44 Million |
| Tri Ocean Textile Co Ltd (1472) | $1.42 Billion | 9.97% | 0.87x | $147.67 Million |
| United Integrated Services Co Ltd (2404) | $4.36 Billion | 2.90% | 0.88x | $5.64 Billion |
| Long Bon International Co Ltd (2514) | $8.15 Billion | 2.95% | 0.61x | $150.06 Million |
| BES Engineering Co (2515) | $20.42 Billion | 3.03% | 1.06x | $661.08 Million |
| New Asia Construction & Development Corp (2516) | $1.82 Billion | 2.97% | 2.45x | $97.31 Million |
| Delpha Construction Co Ltd (2530) | $2.85 Billion | 11.76% | 1.16x | $551.78 Million |
| Da-Cin Construction Co Ltd (2535) | $8.83 Billion | 13.87% | 1.48x | $590.36 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.08 Billion | 8.97% | 2.20x | $783.30 Million |
| Kedge Construction Co Ltd (2546) | $2.53 Billion | 16.09% | 1.76x | $347.48 Million |
| Ruentex Engineering & Construction Co Ltd (2597) | $8.21 Billion | 22.43% | 1.12x | $1.54 Billion |
About Apex Science & Engineering Corp
Apex Science & Engineering Corp. operates as an engineering and construction company in Taiwan. The company provides integrated engineering services, such as mechanical, electrical and instrumentation, and environmental engineering services. It also manufactures optoelectronic and electrical products; and offers customized LCD displays. In addition, the company engages in the construction of fact… Read more