Altek Corp Net Assets
Altek Corp net assets. Based on the latest financial reports, Altek Corp (3059) has net assets worth NT$10.69 Billion TWD (≈ $336.89 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$16.67 Billion ≈ $525.24 Million USD) and total liabilities (NT$5.98 Billion ≈ $188.35 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. Also explore net asset momentum of Altek Corp to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.69 Billion |
| % of Total Assets | 64.14% |
| Annual Growth Rate | 6.25% |
| 5-Year Change | 10.57% |
| 10-Year Change | 14.97% |
| Growth Volatility | 14.36 |
Net Assets of Altek Corp (2002–2025)
Net assets of Altek Corp from 2002 to 2025. This chart illustrates how Altek Corp's net assets have evolved over time, based on quarterly financial data. See Altek Corp balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Altek Corp (2002–2025)
The table below shows the annual net assets of Altek Corp from 2002 to 2025. For live market cap and overall valuation, see 3059 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$10.39 Billion ≈ $327.20 Million |
-1.68% |
| 2024-12-31 | NT$10.56 Billion ≈ $332.80 Million |
+15.79% |
| 2023-12-31 | NT$9.12 Billion ≈ $287.42 Million |
-0.81% |
| 2022-12-31 | NT$9.20 Billion ≈ $289.75 Million |
-2.08% |
| 2021-12-31 | NT$9.39 Billion ≈ $295.91 Million |
+4.08% |
| 2020-12-31 | NT$9.02 Billion ≈ $284.30 Million |
-2.09% |
| 2019-12-31 | NT$9.22 Billion ≈ $290.38 Million |
-4.60% |
| 2018-12-31 | NT$9.66 Billion ≈ $304.39 Million |
+1.86% |
| 2017-12-31 | NT$9.49 Billion ≈ $298.84 Million |
+5.01% |
| 2016-12-31 | NT$9.03 Billion ≈ $284.59 Million |
-6.19% |
| 2015-12-31 | NT$9.63 Billion ≈ $303.36 Million |
-0.53% |
| 2014-12-31 | NT$9.68 Billion ≈ $304.98 Million |
-2.22% |
| 2013-12-31 | NT$9.90 Billion ≈ $311.90 Million |
-2.65% |
| 2012-12-31 | NT$10.17 Billion ≈ $320.40 Million |
-6.02% |
| 2011-12-31 | NT$10.82 Billion ≈ $340.93 Million |
-0.68% |
| 2010-12-31 | NT$10.90 Billion ≈ $343.26 Million |
-3.80% |
| 2009-12-31 | NT$11.33 Billion ≈ $356.83 Million |
+18.31% |
| 2008-12-31 | NT$9.57 Billion ≈ $301.62 Million |
+12.78% |
| 2007-12-31 | NT$8.49 Billion ≈ $267.45 Million |
+23.68% |
| 2006-12-31 | NT$6.86 Billion ≈ $216.24 Million |
+46.65% |
| 2005-12-31 | NT$4.68 Billion ≈ $147.45 Million |
+41.43% |
| 2004-12-31 | NT$3.31 Billion ≈ $104.26 Million |
+4.92% |
| 2003-12-31 | NT$3.15 Billion ≈ $99.37 Million |
+22.46% |
| 2002-12-31 | NT$2.58 Billion ≈ $81.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Altek 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 367.4% over the analyzed period, indicating profitable operations and earnings retention.
Altek Corp Net Assets Breakdown (December 2025)
Altek Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.96 Billion | 29.68% |
| Common Stock | NT$3.07 Billion | 30.76% |
| Other Comprehensive Income | NT$1.42 Billion | 14.22% |
| Other Components | NT$2.53 Billion | 25.34% |
| Total Equity | NT$9.99 Billion | 100.00% |
Altek Corp Competitors by Market Cap
The table below lists competitors of Altek Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Morguard Real Estate Investment Trust
TO:MRT-UN
|
$342.09 Million |
|
Ningbo Lehui International Engineering Equipment Co Ltd Class A
SHG:603076
|
$342.12 Million |
|
Dhani Services Limited
NSE:DHANI
|
$342.32 Million |
|
Talgo SA
MC:TLGO
|
$342.48 Million |
|
Hyundai Bioscience Co. Ltd
KQ:048410
|
$342.04 Million |
|
FS Bancorp Inc
NASDAQ:FSBW
|
$342.00 Million |
|
VRG SA
WAR:VRG
|
$341.99 Million |
|
BEH Property Co Ltd
SHG:600791
|
$341.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altek Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,097,958,000 to 9,988,015,000, a change of -109,943,000 (-1.1%).
- Net income of 377,661,000 contributed positively to equity growth.
- Dividend payments of 305,647,000 reduced retained earnings.
- Share repurchases of 2,847,000 reduced equity.
- New share issuances of 37,044,000 increased equity.
- Other comprehensive income decreased equity by 567,399,001.
- Other factors increased equity by 351,245,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$377.66 Million | +3.78% |
| Dividends Paid | NT$305.65 Million | -3.06% |
| Share Repurchases | NT$2.85 Million | -0.03% |
| Share Issuances | NT$37.04 Million | +0.37% |
| Other Comprehensive Income | NT$-567.40 Million | -5.68% |
| Other Changes | NT$351.25 Million | +3.52% |
| Total Change | NT$- | -1.09% |
Book Value vs Market Value Analysis
This analysis compares Altek 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: 1.58x
- 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 1.42x to 1.58x 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$24.86 | NT$35.30 | x |
| 2007-12-31 | NT$29.37 | NT$35.30 | x |
| 2008-12-31 | NT$32.19 | NT$35.30 | x |
| 2009-12-31 | NT$41.66 | NT$35.30 | x |
| 2010-12-31 | NT$39.92 | NT$35.30 | x |
| 2011-12-31 | NT$39.92 | NT$35.30 | x |
| 2012-12-31 | NT$38.35 | NT$35.30 | x |
| 2013-12-31 | NT$26.30 | NT$35.30 | x |
| 2014-12-31 | NT$27.87 | NT$35.30 | x |
| 2015-12-31 | NT$35.27 | NT$35.30 | x |
| 2016-12-31 | NT$33.27 | NT$35.30 | x |
| 2017-12-31 | NT$32.94 | NT$35.30 | x |
| 2018-12-31 | NT$32.88 | NT$35.30 | x |
| 2019-12-31 | NT$31.44 | NT$35.30 | x |
| 2020-12-31 | NT$30.80 | NT$35.30 | x |
| 2021-12-31 | NT$31.77 | NT$35.30 | x |
| 2022-12-31 | NT$31.94 | NT$35.30 | x |
| 2023-12-31 | NT$31.36 | NT$35.30 | x |
| 2024-12-31 | NT$36.03 | NT$35.30 | x |
| 2025-12-31 | NT$22.37 | NT$35.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altek 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): 3.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.35%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.72x
- Recent ROE (3.78%) is below the historical average (9.30%), 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 | 23.44% | 8.39% | 1.49x | 1.88x | NT$346.16 Million |
| 2003 | 23.37% | 6.02% | 1.62x | 2.40x | NT$421.78 Million |
| 2004 | 13.14% | 5.02% | 1.44x | 1.81x | NT$103.87 Million |
| 2005 | 31.06% | 8.39% | 1.77x | 2.09x | NT$975.02 Million |
| 2006 | 30.73% | 10.01% | 1.53x | 2.01x | NT$1.41 Billion |
| 2007 | 20.94% | 7.18% | 1.20x | 2.43x | NT$908.17 Million |
| 2008 | 19.20% | 6.54% | 1.54x | 1.90x | NT$880.19 Million |
| 2009 | 19.47% | 8.70% | 1.21x | 1.85x | NT$1.07 Billion |
| 2010 | 12.19% | 4.28% | 1.57x | 1.81x | NT$238.16 Million |
| 2011 | 1.77% | 0.69% | 1.47x | 1.76x | NT$-890.30 Million |
| 2012 | 2.76% | 1.14% | 1.50x | 1.61x | NT$-735.85 Million |
| 2013 | -3.36% | -1.73% | 1.22x | 1.59x | NT$-1.32 Billion |
| 2014 | 2.85% | 1.78% | 0.97x | 1.64x | NT$-692.03 Million |
| 2015 | 2.87% | 2.19% | 0.81x | 1.62x | NT$-678.83 Million |
| 2016 | 0.60% | 0.46% | 0.76x | 1.71x | NT$-837.27 Million |
| 2017 | 0.15% | 0.13% | 0.70x | 1.70x | NT$-872.16 Million |
| 2018 | 1.45% | 1.17% | 0.69x | 1.81x | NT$-768.06 Million |
| 2019 | -0.04% | -0.06% | 0.44x | 1.63x | NT$-868.21 Million |
| 2020 | 1.89% | 2.63% | 0.41x | 1.74x | NT$-686.41 Million |
| 2021 | 2.61% | 2.47% | 0.56x | 1.90x | NT$-635.42 Million |
| 2022 | 5.15% | 3.26% | 0.86x | 1.83x | NT$-429.56 Million |
| 2023 | 4.01% | 3.86% | 0.57x | 1.81x | NT$-524.71 Million |
| 2024 | 3.15% | 4.42% | 0.43x | 1.67x | NT$-691.79 Million |
| 2025 | 3.78% | 4.35% | 0.51x | 1.72x | NT$-621.14 Million |
Industry Comparison
This section compares Altek Corp's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $2,609,624,667
- Average return on equity (ROE) among peers: 10.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altek Corp (3059) | NT$10.69 Billion | 23.44% | 0.56x | $342.06 Million |
| Chroma ATE Inc (2360) | $6.48 Billion | 23.72% | 0.53x | $20.62 Billion |
| Good Will Instrument Co Ltd (2423) | $1.97 Billion | 8.98% | 0.52x | $295.66 Million |
| Test Research Inc (3030) | $3.89 Billion | 23.29% | 0.16x | $1.75 Billion |
| RoyalTek Co Ltd (3306) | $3.40 Billion | 4.36% | 0.11x | $65.53 Million |
| Globalsat Worldcom (3499) | $623.60 Million | 3.99% | 0.82x | $21.13 Million |
| Materials Analysis Technology (3587) | $954.03 Million | 20.27% | 0.24x | $465.11 Million |
| FineTek Co Ltd (4549) | $1.92 Billion | 9.85% | 0.38x | $161.81 Million |
| Sysgration Ltd (5309) | $3.29 Billion | 3.53% | 0.55x | $377.13 Million |
| Kingwaytek Technology Co Ltd (6516) | $955.60 Million | 0.57% | 0.17x | $87.96 Million |
About Altek Corp
Altek Corporation, together with its subsidiaries, engages in the development, manufacture, and sale of automobile cameras, and medical and digital image technology application products. The company manufactures, produces, and sells digital still cameras and related accessories, digital camera parts, electronic product components, photo electron devices, and optical instruments; buys and sells el… Read more