Bestec Power Electronics Co Ltd (3308) - Net Assets
Based on the latest financial reports, Bestec Power Electronics Co Ltd (3308) has net assets worth NT$1.13 Billion TWD (≈ $35.63 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$2.15 Billion ≈ $67.80 Million USD) and total liabilities (NT$1.02 Billion ≈ $32.18 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 Bestec Power Electronics Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.13 Billion |
| % of Total Assets | 52.54% |
| Annual Growth Rate | 1.82% |
| 5-Year Change | 68.67% |
| 10-Year Change | -0.11% |
| Growth Volatility | 15.44 |
Bestec Power Electronics Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Bestec Power Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Bestec Power Electronics Co Ltd market capitalisation.
Annual Net Assets for Bestec Power Electronics Co Ltd (2003–2025)
The table below shows the annual net assets of Bestec Power Electronics Co Ltd from 2003 to 2025. Also explore how fast is Bestec Power Electronics Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.12 Billion ≈ $35.33 Million |
+2.29% |
| 2024-12-31 | NT$1.10 Billion ≈ $34.54 Million |
-0.71% |
| 2023-12-31 | NT$1.10 Billion ≈ $34.78 Million |
+58.08% |
| 2022-12-31 | NT$698.40 Million ≈ $22.00 Million |
+5.06% |
| 2021-12-31 | NT$664.77 Million ≈ $20.94 Million |
-4.90% |
| 2020-12-31 | NT$699.00 Million ≈ $22.02 Million |
-10.55% |
| 2019-12-31 | NT$781.45 Million ≈ $24.62 Million |
-11.87% |
| 2018-12-31 | NT$886.71 Million ≈ $27.94 Million |
-13.75% |
| 2017-12-31 | NT$1.03 Billion ≈ $32.39 Million |
-8.41% |
| 2016-12-31 | NT$1.12 Billion ≈ $35.37 Million |
-2.57% |
| 2015-12-31 | NT$1.15 Billion ≈ $36.30 Million |
+0.78% |
| 2014-12-31 | NT$1.14 Billion ≈ $36.02 Million |
-0.73% |
| 2013-12-31 | NT$1.15 Billion ≈ $36.28 Million |
-8.59% |
| 2012-12-31 | NT$1.26 Billion ≈ $39.69 Million |
-3.78% |
| 2011-12-31 | NT$1.31 Billion ≈ $41.25 Million |
-8.30% |
| 2010-12-31 | NT$1.43 Billion ≈ $44.98 Million |
-2.91% |
| 2009-12-31 | NT$1.47 Billion ≈ $46.33 Million |
-0.70% |
| 2008-12-31 | NT$1.48 Billion ≈ $46.66 Million |
+16.88% |
| 2007-12-31 | NT$1.27 Billion ≈ $39.92 Million |
+13.38% |
| 2006-12-31 | NT$1.12 Billion ≈ $35.21 Million |
+11.94% |
| 2005-12-31 | NT$998.37 Million ≈ $31.45 Million |
+25.91% |
| 2004-12-31 | NT$792.92 Million ≈ $24.98 Million |
+5.10% |
| 2003-12-31 | NT$754.43 Million ≈ $23.77 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 36.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$471.85 Million | 42.08% |
| Common Stock | NT$600.00 Million | 53.51% |
| Other Comprehensive Income | NT$44.53 Million | 3.97% |
| Other Components | NT$4.91 Million | 0.44% |
| Total Equity | NT$1.12 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 |
|---|---|
|
Aerodrome Group Ltd
TA:ARDM
|
$41.50 Million |
|
Uangel
KO:072130
|
$41.51 Million |
|
Ekso Bionics Holdings Inc
NASDAQ:EKSO
|
$41.51 Million |
|
Jia Jie Biomedical Co Ltd
TWO:4109
|
$41.52 Million |
|
Infrea AB
ST:INFREA
|
$41.48 Million |
|
TegoScience Inc
KQ:191420
|
$41.48 Million |
|
Fortune Bay Corp
V:FOR
|
$41.46 Million |
|
German High Street Properties A/S Class B
CO:GERHSP
|
$41.45 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 2024 to 2025, total equity changed from 1,096,176,000 to 1,121,280,000, a change of 25,104,000 (2.3%).
- Net income of 40,910,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 29,373,001.
- Other factors increased equity by 13,567,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$40.91 Million | +3.65% |
| Other Comprehensive Income | NT$-29.37 Million | -2.62% |
| Other Changes | NT$13.57 Million | +1.21% |
| Total Change | NT$- | 2.29% |
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: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$20.12 | NT$21.95 | x |
| 2010-12-31 | NT$20.54 | NT$21.95 | x |
| 2011-12-31 | NT$18.32 | NT$21.95 | x |
| 2012-12-31 | NT$17.63 | NT$21.95 | x |
| 2013-12-31 | NT$16.11 | NT$21.95 | x |
| 2014-12-31 | NT$15.99 | NT$21.95 | x |
| 2015-12-31 | NT$16.18 | NT$21.95 | x |
| 2016-12-31 | NT$15.92 | NT$21.95 | x |
| 2017-12-31 | NT$14.57 | NT$21.95 | x |
| 2018-12-31 | NT$12.56 | NT$21.95 | x |
| 2019-12-31 | NT$13.06 | NT$21.95 | x |
| 2020-12-31 | NT$11.68 | NT$21.95 | x |
| 2021-12-31 | NT$11.11 | NT$21.95 | x |
| 2022-12-31 | NT$11.57 | NT$21.95 | x |
| 2023-12-31 | NT$15.35 | NT$21.95 | x |
| 2024-12-31 | NT$18.03 | NT$21.95 | x |
| 2025-12-31 | NT$18.64 | NT$21.95 | 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): 3.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 518.70%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.94x
- Recent ROE (3.65%) is below the historical average (5.18%), suggesting potential challenges in 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 |
| 2025 | 3.65% | 518.70% | 0.00x | 1.94x | NT$-71.22 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: $4,699,463,000
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bestec Power Electronics Co Ltd (3308) | NT$1.13 Billion | 42.71% | 0.90x | $41.49 Million |
| Shihlin Electric & Engineering Corp (1503) | $11.33 Billion | 7.65% | 0.88x | $3.21 Billion |
| Allis Electric Co Ltd (1514) | $2.49 Billion | 1.44% | 0.63x | $834.85 Million |
| Fortune Electric Co Ltd (1519) | $2.04 Billion | 0.00% | 1.09x | $7.73 Billion |
| Klingon Aerospace Inc (1529) | $1.76 Billion | -1.15% | 0.93x | $72.32 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $1.13 Billion | 15.15% | 0.44x | $297.32 Million |
| Chieftek Precision Co Ltd (1597) | $2.39 Billion | 3.92% | 0.74x | $380.77 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $7.92 Billion | 4.09% | 0.56x | $481.14 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $11.52 Billion | 12.23% | 1.98x | $920.08 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.92 Billion | 1.04% | 0.18x | $347.05 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.48 Billion | 5.62% | 0.54x | $266.43 Million |
About Bestec Power Electronics Co Ltd
Bestec Power Electronics Co., Ltd., together with its subsidiaries, engages in the design, fabrication, marketing, and sale of switching power supply products in Taiwan and Japan. The company offers power, PD, adapter, and UPS. It also provides IoT cloud server power supplies, wireless chargers, as well as power supplies for gaming, applications, power converters, and other related products. In a… Read more