Paragon Technologies Co Ltd (3518) - Net Assets
Based on the latest financial reports, Paragon Technologies Co Ltd (3518) has net assets worth NT$1.40 Billion TWD (≈ $44.23 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.25 Billion ≈ $70.76 Million USD) and total liabilities (NT$842.08 Million ≈ $26.53 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 Paragon Technologies Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.40 Billion |
| % of Total Assets | 62.51% |
| Annual Growth Rate | -5.53% |
| 5-Year Change | -0.91% |
| 10-Year Change | -40.23% |
| Growth Volatility | 11.25 |
Paragon Technologies Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Paragon Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. See 3518 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Paragon Technologies Co Ltd (2008–2025)
The table below shows the annual net assets of Paragon Technologies Co Ltd from 2008 to 2025. For live valuation and market cap data, see Paragon Technologies Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.40 Billion ≈ $44.23 Million |
-3.48% |
| 2024-12-31 | NT$1.45 Billion ≈ $45.83 Million |
+18.67% |
| 2023-12-31 | NT$1.23 Billion ≈ $38.62 Million |
-17.69% |
| 2022-12-31 | NT$1.49 Billion ≈ $46.92 Million |
+5.11% |
| 2021-12-31 | NT$1.42 Billion ≈ $44.64 Million |
+2.69% |
| 2020-12-31 | NT$1.38 Billion ≈ $43.47 Million |
-2.58% |
| 2019-12-31 | NT$1.42 Billion ≈ $44.62 Million |
-14.72% |
| 2018-12-31 | NT$1.66 Billion ≈ $52.32 Million |
-18.07% |
| 2017-12-31 | NT$2.03 Billion ≈ $63.86 Million |
-13.71% |
| 2016-12-31 | NT$2.35 Billion ≈ $74.01 Million |
-26.08% |
| 2015-12-31 | NT$3.18 Billion ≈ $100.13 Million |
-9.60% |
| 2014-12-31 | NT$3.52 Billion ≈ $110.76 Million |
-6.35% |
| 2013-12-31 | NT$3.75 Billion ≈ $118.27 Million |
+9.71% |
| 2012-12-31 | NT$3.42 Billion ≈ $107.80 Million |
-9.46% |
| 2011-12-31 | NT$3.78 Billion ≈ $119.07 Million |
+0.63% |
| 2010-12-31 | NT$3.76 Billion ≈ $118.33 Million |
-6.25% |
| 2009-12-31 | NT$4.01 Billion ≈ $126.21 Million |
+8.46% |
| 2008-12-31 | NT$3.69 Billion ≈ $116.37 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Paragon Technologies 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 decreased by 113.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.03 Billion | 73.32% |
| Other Comprehensive Income | NT$-57.94 Million | -4.14% |
| Other Components | NT$579.49 Million | 41.39% |
| Total Equity | NT$1.40 Billion | 100.00% |
Paragon Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Paragon Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PCC Exol SA
WAR:PCX
|
$91.54 Million |
|
Allied Tecnologia S.A
SA:ALLD3
|
$91.58 Million |
|
Wanshih Electronic Co Ltd
TWO:6134
|
$91.58 Million |
|
DSK Co. Ltd
KQ:109740
|
$91.59 Million |
|
Bon Fame Co Ltd
TWO:8433
|
$91.53 Million |
|
Gan Ltd
NASDAQ:GAN
|
$91.53 Million |
|
Medtecs International Corporation Ltd DRC
TW:9103
|
$91.50 Million |
|
JLK Inc
KQ:322510
|
$91.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paragon Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,454,589,000 to 1,400,119,000, a change of -54,470,000 (-3.7%).
- Net loss of 149,393,000 reduced equity.
- New share issuances of 110,000,000 increased equity.
- Other comprehensive income increased equity by 98,666,999.
- Other factors decreased equity by 113,743,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-149.39 Million | -10.67% |
| Share Issuances | NT$110.00 Million | +7.86% |
| Other Comprehensive Income | NT$98.67 Million | +7.05% |
| Other Changes | NT$-113.74 Million | -8.12% |
| Total Change | NT$- | -3.74% |
Book Value vs Market Value Analysis
This analysis compares Paragon Technologies 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: 1.94x
- 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 0.61x to 1.94x 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$46.61 | NT$28.30 | x |
| 2010-12-31 | NT$43.46 | NT$28.30 | x |
| 2011-12-31 | NT$44.38 | NT$28.30 | x |
| 2012-12-31 | NT$40.23 | NT$28.30 | x |
| 2013-12-31 | NT$43.94 | NT$28.30 | x |
| 2014-12-31 | NT$41.39 | NT$28.30 | x |
| 2015-12-31 | NT$37.15 | NT$28.30 | x |
| 2016-12-31 | NT$28.75 | NT$28.30 | x |
| 2017-12-31 | NT$25.75 | NT$28.30 | x |
| 2018-12-31 | NT$20.98 | NT$28.30 | x |
| 2019-12-31 | NT$17.89 | NT$28.30 | x |
| 2020-12-31 | NT$17.43 | NT$28.30 | x |
| 2021-12-31 | NT$17.86 | NT$28.30 | x |
| 2022-12-31 | NT$17.66 | NT$28.30 | x |
| 2023-12-31 | NT$14.94 | NT$28.30 | x |
| 2024-12-31 | NT$16.37 | NT$28.30 | x |
| 2025-12-31 | NT$14.62 | NT$28.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paragon Technologies 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): -10.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -46.70%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.60x
- Recent ROE (-10.67%) is below the historical average (-3.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 16.05% | 29.81% | 0.39x | 1.36x | NT$223.30 Million |
| 2009 | 15.22% | 25.50% | 0.45x | 1.32x | NT$208.58 Million |
| 2010 | 9.37% | 16.01% | 0.38x | 1.53x | NT$-23.31 Million |
| 2011 | 1.03% | 2.45% | 0.26x | 1.63x | NT$-339.00 Million |
| 2012 | -5.29% | -10.74% | 0.34x | 1.45x | NT$-523.24 Million |
| 2013 | 2.53% | 6.56% | 0.30x | 1.28x | NT$-280.41 Million |
| 2014 | -7.06% | -19.61% | 0.28x | 1.27x | NT$-599.78 Million |
| 2015 | -5.33% | -14.34% | 0.31x | 1.22x | NT$-487.27 Million |
| 2016 | -17.71% | -49.43% | 0.29x | 1.23x | NT$-651.03 Million |
| 2017 | -11.99% | -36.62% | 0.26x | 1.26x | NT$-445.81 Million |
| 2018 | -20.37% | -58.69% | 0.24x | 1.42x | NT$-504.37 Million |
| 2019 | -13.94% | -36.11% | 0.26x | 1.48x | NT$-339.11 Million |
| 2020 | -4.05% | -8.17% | 0.31x | 1.59x | NT$-193.92 Million |
| 2021 | 2.91% | 5.16% | 0.43x | 1.33x | NT$-100.43 Million |
| 2022 | 1.77% | 5.48% | 0.26x | 1.26x | NT$-116.09 Million |
| 2023 | -3.95% | -12.65% | 0.25x | 1.27x | NT$-170.99 Million |
| 2024 | -14.58% | -59.92% | 0.16x | 1.50x | NT$-357.55 Million |
| 2025 | -10.67% | -46.70% | 0.14x | 1.60x | NT$-289.40 Million |
Industry Comparison
This section compares Paragon Technologies Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $8,475,870,800
- Average return on equity (ROE) among peers: 8.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paragon Technologies Co Ltd (3518) | NT$1.40 Billion | 16.05% | 0.60x | $91.53 Million |
| TECO Electric & Machinery Co Ltd (1504) | $38.74 Billion | 7.18% | 0.82x | $5.07 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $13.37 Billion | 18.21% | 2.12x | $2.68 Billion |
| Anderson Industrial Corp (1528) | $1.60 Billion | 1.06% | 1.03x | $152.81 Million |
| Awea Mechantronic Co Ltd (1530) | $3.13 Billion | 10.64% | 1.48x | $91.05 Million |
| Kaulin Mfg (1531) | $3.64 Billion | 0.82% | 0.20x | $74.30 Million |
| Chiu Ting Machinery Co Ltd (1539) | $793.16 Million | 0.00% | 1.10x | $32.44 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.29 Billion | -0.28% | 0.18x | $59.38 Million |
| Sinmag Equipment (1580) | $3.37 Billion | 18.47% | 0.35x | $192.75 Million |
| Goodway Machine Corp (1583) | $8.41 Billion | 14.92% | 0.77x | $174.40 Million |
| Airtac International Group (1590) | $10.41 Billion | 13.14% | 1.06x | $8.32 Billion |
About Paragon Technologies Co Ltd
Paragon Technologies Co., Ltd. engages in the research, development, manufacturing, processing, and sale of mechanical equipment and components in Asia, Europe, and North America. It offers coating services for wheel rims, such as 3C functional coating and 3C appearance coating. The company was founded in 1984 and is based in Taoyuan City, Taiwan.