Bestec Power Electronics Co Ltd
Bestec Power Electronics Co., Ltd. engages in the design, fabrication, marketing, and sale of switching power supply products worldwide. It offers IoT cloud server power supplies, wireless chargers, and power supplies for e-sports, as well as power converters and adapters. Bestec Power Electronics Co., Ltd. was founded in 1988 and is headquartered in Taoyuan City, Taiwan.
Bestec Power Electronics Co Ltd (3308) - Net Assets
Latest net assets as of September 2025: NT$1.08 Billion TWD
Based on the latest financial reports, Bestec Power Electronics Co Ltd (3308) has net assets worth NT$1.08 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$2.15 Billion) and total liabilities (NT$1.07 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$1.08 Billion |
| % of Total Assets | 50.11% |
| Annual Growth Rate | 1.79% |
| 5-Year Change | 56.82% |
| 10-Year Change | -4.86% |
| Growth Volatility | 15.8 |
Bestec Power Electronics Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Bestec Power Electronics 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 Bestec Power Electronics Co Ltd (2003–2024)
The table below shows the annual net assets of Bestec Power Electronics Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.10 Billion | -0.71% |
| 2023-12-31 | NT$1.10 Billion | +58.08% |
| 2022-12-31 | NT$698.40 Million | +5.06% |
| 2021-12-31 | NT$664.77 Million | -4.90% |
| 2020-12-31 | NT$699.00 Million | -10.55% |
| 2019-12-31 | NT$781.45 Million | -11.87% |
| 2018-12-31 | NT$886.71 Million | -13.75% |
| 2017-12-31 | NT$1.03 Billion | -8.41% |
| 2016-12-31 | NT$1.12 Billion | -2.57% |
| 2015-12-31 | NT$1.15 Billion | +0.78% |
| 2014-12-31 | NT$1.14 Billion | -0.73% |
| 2013-12-31 | NT$1.15 Billion | -8.59% |
| 2012-12-31 | NT$1.26 Billion | -3.78% |
| 2011-12-31 | NT$1.31 Billion | -8.30% |
| 2010-12-31 | NT$1.43 Billion | -2.91% |
| 2009-12-31 | NT$1.47 Billion | -0.70% |
| 2008-12-31 | NT$1.48 Billion | +16.88% |
| 2007-12-31 | NT$1.27 Billion | +13.38% |
| 2006-12-31 | NT$1.12 Billion | +11.94% |
| 2005-12-31 | NT$998.37 Million | +25.91% |
| 2004-12-31 | NT$792.92 Million | +5.10% |
| 2003-12-31 | NT$754.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bestec Power Electronics 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 20.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$417.37 Million | 38.08% |
| Common Stock | NT$600.00 Million | 54.74% |
| Other Comprehensive Income | NT$73.90 Million | 6.74% |
| Other Components | NT$4.91 Million | 0.45% |
| Total Equity | NT$1.10 Billion | 100.00% |
Bestec Power Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Bestec Power Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
edding AG
F:EDD3
|
$15.72 Million |
|
Microlink Solutions Bhd
KLSE:0126
|
$15.73 Million |
|
Donkeyrepublic Holding AS
CO:DONKEY
|
$15.75 Million |
|
Sangshin Electronics Co. Ltd
KQ:263810
|
$15.75 Million |
|
Bak Ambalaj Sanayi ve Ticaret AS
IS:BAKAB
|
$15.71 Million |
|
Sumas Suni Tahta ve Mobilya Sanayi AS
IS:SUMAS
|
$15.70 Million |
|
Bank Mestika Dharma Tbk
JK:BBMD
|
$15.70 Million |
|
Kanpai Co., Ltd
TWO:1269
|
$15.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bestec Power Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,104,035,000 to 1,096,176,000, a change of -7,859,000 (-0.7%).
- Net income of 59,704,000 contributed positively to equity growth.
- Share repurchases of 101,208,000 reduced equity.
- Other comprehensive income increased equity by 92,557,999.
- Other factors decreased equity by 58,912,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$59.70 Million | +5.45% |
| Share Repurchases | NT$101.21 Million | -9.23% |
| Other Comprehensive Income | NT$92.56 Million | +8.44% |
| Other Changes | NT$-58.91 Million | -5.37% |
| Total Change | NT$- | -0.71% |
Book Value vs Market Value Analysis
This analysis compares Bestec Power Electronics 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: 1.26x
- 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 1.13x to 1.26x 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$20.12 | NT$22.80 | x |
| 2010-12-31 | NT$20.54 | NT$22.80 | x |
| 2011-12-31 | NT$18.32 | NT$22.80 | x |
| 2012-12-31 | NT$17.63 | NT$22.80 | x |
| 2013-12-31 | NT$16.11 | NT$22.80 | x |
| 2014-12-31 | NT$15.99 | NT$22.80 | x |
| 2015-12-31 | NT$16.18 | NT$22.80 | x |
| 2016-12-31 | NT$15.92 | NT$22.80 | x |
| 2017-12-31 | NT$14.57 | NT$22.80 | x |
| 2018-12-31 | NT$12.56 | NT$22.80 | x |
| 2019-12-31 | NT$13.06 | NT$22.80 | x |
| 2020-12-31 | NT$11.68 | NT$22.80 | x |
| 2021-12-31 | NT$11.11 | NT$22.80 | x |
| 2022-12-31 | NT$11.57 | NT$22.80 | x |
| 2023-12-31 | NT$15.35 | NT$22.80 | x |
| 2024-12-31 | NT$18.03 | NT$22.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bestec Power Electronics 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): 5.45%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.09%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 2.06x
- Recent ROE (5.45%) is above the historical average (5.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 42.71% | 9.44% | 1.35x | 3.34x | NT$246.80 Million |
| 2004 | 20.52% | 3.56% | 1.55x | 3.71x | NT$83.39 Million |
| 2005 | 22.65% | 4.40% | 1.54x | 3.34x | NT$124.36 Million |
| 2006 | 20.15% | 3.89% | 1.82x | 2.84x | NT$111.92 Million |
| 2007 | 25.44% | 4.96% | 1.46x | 3.51x | NT$193.37 Million |
| 2008 | 9.44% | 2.80% | 1.47x | 2.30x | NT$-8.19 Million |
| 2009 | 7.22% | 2.66% | 1.10x | 2.47x | NT$-40.91 Million |
| 2010 | -4.22% | -1.28% | 1.15x | 2.87x | NT$-203.04 Million |
| 2011 | -10.12% | -4.27% | 0.95x | 2.50x | NT$-263.49 Million |
| 2012 | -2.70% | -1.53% | 0.75x | 2.36x | NT$-159.94 Million |
| 2013 | -10.38% | -6.09% | 0.63x | 2.69x | NT$-234.72 Million |
| 2014 | -2.92% | -1.75% | 0.65x | 2.55x | NT$-147.70 Million |
| 2015 | 0.01% | 0.01% | 0.54x | 2.37x | NT$-115.13 Million |
| 2016 | -1.77% | -1.76% | 0.45x | 2.22x | NT$-132.17 Million |
| 2017 | -5.44% | -5.90% | 0.41x | 2.22x | NT$-158.51 Million |
| 2018 | -17.43% | -20.55% | 0.38x | 2.21x | NT$-243.14 Million |
| 2019 | -12.02% | -15.56% | 0.36x | 2.15x | NT$-172.09 Million |
| 2020 | -12.51% | -26.51% | 0.22x | 2.18x | NT$-157.34 Million |
| 2021 | -4.00% | -7.02% | 0.27x | 2.14x | NT$-93.04 Million |
| 2022 | 7.64% | 13.09% | 0.21x | 2.80x | NT$-16.52 Million |
| 2023 | 37.73% | 77.33% | 0.26x | 1.87x | NT$306.11 Million |
| 2024 | 5.45% | 88.09% | 0.03x | 2.06x | NT$-49.91 Million |
Industry Comparison
This section compares Bestec Power Electronics 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: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bestec Power Electronics Co Ltd (3308) | NT$1.08 Billion | 42.71% | 1.00x | $15.71 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |