Altek Corp (3059) - Net Assets
Based on the latest financial reports, Altek Corp (3059) has net assets worth NT$10.44 Billion TWD (≈ $329.01 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$16.72 Billion ≈ $526.91 Million USD) and total liabilities (NT$6.28 Billion ≈ $197.90 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 Altek Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.44 Billion |
| % of Total Assets | 62.44% |
| Annual Growth Rate | 6.25% |
| 5-Year Change | 10.57% |
| 10-Year Change | 14.97% |
| Growth Volatility | 14.36 |
Altek Corp - Net Assets Trend (2002–2025)
This chart illustrates how Altek Corp's net assets have evolved over time, based on quarterly financial data. See Altek Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 valuation and market cap data, see Altek Corp market cap and net worth.
| 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.
Current Equity Component Breakdown (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 |
|---|---|
|
Apex Healthcare Bhd
KLSE:7090
|
$473.43 Million |
|
Xilinmen Furniture Co Ltd
SHG:603008
|
$473.72 Million |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
$473.73 Million |
|
Wonderful Hi-Tech Co Ltd
TWO:6190
|
$473.93 Million |
|
Grid Dynamics Holdings Inc
NASDAQ:GDYN
|
$473.32 Million |
|
Diamond Hill Investment Group Inc
NASDAQ:DHIL
|
$473.29 Million |
|
Metallurgical Corporation of China Ltd
F:6MT
|
$473.27 Million |
|
Luxfer Holdings PLC
NYSE:LXFR
|
$473.15 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: 2.18x
- 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 1.97x to 2.18x 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$48.85 | x |
| 2007-12-31 | NT$29.37 | NT$48.85 | x |
| 2008-12-31 | NT$32.19 | NT$48.85 | x |
| 2009-12-31 | NT$41.66 | NT$48.85 | x |
| 2010-12-31 | NT$39.92 | NT$48.85 | x |
| 2011-12-31 | NT$39.92 | NT$48.85 | x |
| 2012-12-31 | NT$38.35 | NT$48.85 | x |
| 2013-12-31 | NT$26.30 | NT$48.85 | x |
| 2014-12-31 | NT$27.87 | NT$48.85 | x |
| 2015-12-31 | NT$35.27 | NT$48.85 | x |
| 2016-12-31 | NT$33.27 | NT$48.85 | x |
| 2017-12-31 | NT$32.94 | NT$48.85 | x |
| 2018-12-31 | NT$32.88 | NT$48.85 | x |
| 2019-12-31 | NT$31.44 | NT$48.85 | x |
| 2020-12-31 | NT$30.80 | NT$48.85 | x |
| 2021-12-31 | NT$31.77 | NT$48.85 | x |
| 2022-12-31 | NT$31.94 | NT$48.85 | x |
| 2023-12-31 | NT$31.36 | NT$48.85 | x |
| 2024-12-31 | NT$36.03 | NT$48.85 | x |
| 2025-12-31 | NT$22.37 | NT$48.85 | 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: $2,840,543,778
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altek Corp (3059) | NT$10.44 Billion | 23.44% | 0.60x | $473.41 Million |
| Chroma ATE Inc (2360) | $9.53 Billion | 12.97% | 0.69x | $30.83 Billion |
| Good Will Instrument Co Ltd (2423) | $2.43 Billion | 11.91% | 0.44x | $355.07 Million |
| Test Research Inc (3030) | $4.42 Billion | 21.80% | 0.16x | $2.53 Billion |
| RoyalTek Co Ltd (3306) | $1.69 Billion | 3.14% | 0.27x | $76.53 Million |
| Globalsat Worldcom (3499) | $533.85 Million | -6.30% | 0.72x | $25.20 Million |
| Materials Analysis Technology (3587) | $3.56 Billion | 17.64% | 0.94x | $668.78 Million |
| FineTek Co Ltd (4549) | $1.32 Billion | 14.85% | 0.19x | $191.26 Million |
| Sysgration Ltd (5309) | $1.68 Billion | -15.18% | 0.38x | $441.05 Million |
| Kingwaytek Technology Co Ltd (6516) | $399.51 Million | 9.78% | 0.23x | $99.92 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