Alpha Networks Inc (3380) - Net Assets
Based on the latest financial reports, Alpha Networks Inc (3380) has net assets worth NT$12.70 Billion TWD (≈ $400.22 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$23.37 Billion ≈ $736.14 Million USD) and total liabilities (NT$10.66 Billion ≈ $335.91 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 how resilient are Alpha Networks Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.70 Billion |
| % of Total Assets | 54.37% |
| Annual Growth Rate | 6.46% |
| 5-Year Change | 9.77% |
| 10-Year Change | 66.24% |
| Growth Volatility | 12.58 |
Alpha Networks Inc - Net Assets Trend (2004–2024)
This chart illustrates how Alpha Networks Inc's net assets have evolved over time, based on quarterly financial data. Also explore Alpha Networks Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Alpha Networks Inc (2004–2024)
The table below shows the annual net assets of Alpha Networks Inc from 2004 to 2024. For live valuation and market cap data, see Alpha Networks Inc (3380) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$13.98 Billion ≈ $440.53 Million |
+4.90% |
| 2023-12-31 | NT$13.33 Billion ≈ $419.97 Million |
-1.67% |
| 2022-12-31 | NT$13.56 Billion ≈ $427.11 Million |
+7.94% |
| 2021-12-31 | NT$12.56 Billion ≈ $395.68 Million |
-1.41% |
| 2020-12-31 | NT$12.74 Billion ≈ $401.33 Million |
-9.32% |
| 2019-12-31 | NT$14.05 Billion ≈ $442.57 Million |
+35.15% |
| 2018-12-31 | NT$10.39 Billion ≈ $327.46 Million |
+19.54% |
| 2017-12-31 | NT$8.69 Billion ≈ $273.94 Million |
+2.07% |
| 2016-12-31 | NT$8.52 Billion ≈ $268.38 Million |
+1.28% |
| 2015-12-31 | NT$8.41 Billion ≈ $265.00 Million |
-13.14% |
| 2014-12-31 | NT$9.68 Billion ≈ $305.07 Million |
-1.06% |
| 2013-12-31 | NT$9.79 Billion ≈ $308.34 Million |
-0.78% |
| 2012-12-31 | NT$9.86 Billion ≈ $310.77 Million |
+2.29% |
| 2011-12-31 | NT$9.64 Billion ≈ $303.80 Million |
+6.16% |
| 2010-12-31 | NT$9.08 Billion ≈ $286.16 Million |
+4.17% |
| 2009-12-31 | NT$8.72 Billion ≈ $274.71 Million |
+8.99% |
| 2008-12-31 | NT$8.00 Billion ≈ $252.06 Million |
+1.16% |
| 2007-12-31 | NT$7.91 Billion ≈ $249.18 Million |
+23.67% |
| 2006-12-31 | NT$6.40 Billion ≈ $201.49 Million |
+33.40% |
| 2005-12-31 | NT$4.79 Billion ≈ $151.04 Million |
+19.96% |
| 2004-12-31 | NT$4.00 Billion ≈ $125.91 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Alpha Networks Inc'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 decreased by 48.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$382.08 Million | 3.85% |
| Common Stock | NT$5.42 Billion | 54.64% |
| Other Components | NT$4.12 Billion | 41.51% |
| Total Equity | NT$9.91 Billion | 100.00% |
Alpha Networks Inc Competitors by Market Cap
The table below lists competitors of Alpha Networks Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Newsmax, Inc.
NYSE:NMAX
|
$573.50 Million |
|
Xinhua Winshare Publishing and Media Co. Ltd
F:SXV
|
$573.50 Million |
|
Kaufman Et Broad
PA:KOF
|
$573.66 Million |
|
Far East Holdings Bhd
KLSE:5029
|
$574.01 Million |
|
Bright Oceans Inter Telecom Corp
SHG:600289
|
$573.45 Million |
|
Guangdong Hybribio Biotech Co Ltd
SHE:300639
|
$573.30 Million |
|
Si-Bone Inc
NASDAQ:SIBN
|
$573.20 Million |
|
Yinchuan Xinhua Commercial Group Co Ltd
SHG:600785
|
$573.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alpha Networks Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,012,721,000 to 9,914,908,000, a change of -97,813,000 (-1.0%).
- Net income of 218,627,000 contributed positively to equity growth.
- Dividend payments of 547,136,000 reduced retained earnings.
- Other factors increased equity by 230,696,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$218.63 Million | +2.21% |
| Dividends Paid | NT$547.14 Million | -5.52% |
| Other Changes | NT$230.70 Million | +2.33% |
| Total Change | NT$- | -0.98% |
Book Value vs Market Value Analysis
This analysis compares Alpha Networks Inc'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: 1.84x
- 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 |
|---|---|---|---|
| 2006-12-31 | NT$17.66 | NT$33.60 | x |
| 2007-12-31 | NT$19.86 | NT$33.60 | x |
| 2008-12-31 | NT$18.31 | NT$33.60 | x |
| 2009-12-31 | NT$20.00 | NT$33.60 | x |
| 2010-12-31 | NT$20.79 | NT$33.60 | x |
| 2011-12-31 | NT$21.62 | NT$33.60 | x |
| 2012-12-31 | NT$20.63 | NT$33.60 | x |
| 2013-12-31 | NT$21.54 | NT$33.60 | x |
| 2014-12-31 | NT$19.50 | NT$33.60 | x |
| 2015-12-31 | NT$18.18 | NT$33.60 | x |
| 2016-12-31 | NT$19.32 | NT$33.60 | x |
| 2017-12-31 | NT$19.81 | NT$33.60 | x |
| 2018-12-31 | NT$20.21 | NT$33.60 | x |
| 2019-12-31 | NT$18.36 | NT$33.60 | x |
| 2020-12-31 | NT$17.87 | NT$33.60 | x |
| 2021-12-31 | NT$17.67 | NT$33.60 | x |
| 2022-12-31 | NT$18.99 | NT$33.60 | x |
| 2023-12-31 | NT$18.40 | NT$33.60 | x |
| 2024-12-31 | NT$18.26 | NT$33.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alpha Networks Inc 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): 2.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.02%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.34x
- Recent ROE (2.21%) is below the historical average (8.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 17.64% | 5.01% | 1.80x | 1.96x | NT$305.39 Million |
| 2005 | 21.33% | 5.77% | 2.05x | 1.81x | NT$543.09 Million |
| 2006 | 16.39% | 4.88% | 1.68x | 2.00x | NT$408.87 Million |
| 2007 | 16.37% | 5.79% | 1.63x | 1.73x | NT$503.44 Million |
| 2008 | 13.17% | 4.33% | 1.81x | 1.69x | NT$253.20 Million |
| 2009 | 9.51% | 4.79% | 1.16x | 1.72x | NT$-42.38 Million |
| 2010 | 10.31% | 3.62% | 1.54x | 1.85x | NT$28.43 Million |
| 2011 | 9.86% | 3.73% | 1.27x | 2.08x | NT$-13.79 Million |
| 2012 | 7.26% | 2.88% | 1.49x | 1.70x | NT$-270.27 Million |
| 2013 | 7.96% | 3.23% | 1.34x | 1.84x | NT$-199.18 Million |
| 2014 | 5.53% | 2.30% | 1.39x | 1.73x | NT$-432.54 Million |
| 2015 | -4.04% | -1.48% | 1.61x | 1.70x | NT$-1.18 Billion |
| 2016 | 7.14% | 2.79% | 1.53x | 1.67x | NT$-243.83 Million |
| 2017 | 6.31% | 2.88% | 1.39x | 1.58x | NT$-320.96 Million |
| 2018 | -0.85% | -0.56% | 1.05x | 1.44x | NT$-1.13 Billion |
| 2019 | 2.39% | 1.51% | 0.63x | 2.50x | NT$-759.18 Million |
| 2020 | 5.74% | 1.73% | 1.19x | 2.78x | NT$-413.42 Million |
| 2021 | 4.52% | 1.56% | 1.13x | 2.58x | NT$-526.35 Million |
| 2022 | 8.84% | 2.73% | 1.24x | 2.62x | NT$-120.06 Million |
| 2023 | 5.47% | 1.94% | 1.19x | 2.38x | NT$-453.35 Million |
| 2024 | 2.21% | 1.02% | 0.92x | 2.34x | NT$-772.86 Million |
Industry Comparison
This section compares Alpha Networks Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,352,778,700
- Average return on equity (ROE) among peers: 4.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alpha Networks Inc (3380) | NT$12.70 Billion | 17.64% | 0.84x | $573.45 Million |
| Microelectronics Technology Inc (2314) | $4.24 Billion | 20.07% | 0.89x | $47.14 Million |
| Tecom Co Ltd (2321) | $549.96 Million | -11.14% | 3.07x | $12.46 Million |
| D-Link Corp (2332) | $13.20 Billion | 0.47% | 0.93x | $260.42 Million |
| Accton Technology Corp (2345) | $7.56 Billion | 8.51% | 0.87x | $40.15 Billion |
| Hitron Technologies Inc (2419) | $1.79 Billion | 3.83% | 1.28x | $306.23 Million |
| Abocom Systems Inc (2444) | $980.48 Million | -1.62% | 1.10x | $42.72 Million |
| Zinwell Corporation (2485) | $7.48 Billion | 11.28% | 0.37x | $587.53 Million |
| Loop Telecommunication International Inc (3025) | $788.88 Million | 1.56% | 0.29x | $107.43 Million |
| Edimax Technology Co Ltd (3047) | $2.36 Billion | 8.03% | 0.91x | $102.61 Million |
| CyberTAN Technology Inc (3062) | $4.58 Billion | 8.00% | 0.51x | $257.39 Million |
About Alpha Networks Inc
Alpha Networks Inc. engages in the research and development, design, manufacture, and sale of broadband products, wireless network products and computer network system equipment and components in Taiwan, Japan, the United States, and internationally. The company's LAN/MAN products include data center ethernet switches, enterprise campus ethernet switches, small and medium business ethernet switch… Read more