Answer Technology Co Ltd
Answer Technology Co., Ltd. engages in the import, export, and trading of electronic parts in Taiwan, Asia, Europe, and internationally. It provides signal, analog, logic, and other integrated circuits. The company was founded in 2000 and is based in New Taipei City, Taiwan. Answer Technology Co., Ltd. operates as a subsidiary of Macnica Chungju Co., Ltd.
Answer Technology Co Ltd (3528) - Net Assets
Latest net assets as of September 2025: NT$1.80 Billion TWD
Based on the latest financial reports, Answer Technology Co Ltd (3528) has net assets worth NT$1.80 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$6.87 Billion) and total liabilities (NT$5.07 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$1.80 Billion |
| % of Total Assets | 26.16% |
| Annual Growth Rate | 8.65% |
| 5-Year Change | 29.96% |
| 10-Year Change | 63.77% |
| Growth Volatility | 9.49 |
Answer Technology Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Answer Technology 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 Answer Technology Co Ltd (2009–2024)
The table below shows the annual net assets of Answer Technology Co Ltd from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.97 Billion | +8.80% |
| 2023-12-31 | NT$1.81 Billion | -7.82% |
| 2022-12-31 | NT$1.96 Billion | +6.32% |
| 2021-12-31 | NT$1.85 Billion | +21.88% |
| 2020-12-31 | NT$1.51 Billion | +3.54% |
| 2019-12-31 | NT$1.46 Billion | +1.12% |
| 2018-12-31 | NT$1.45 Billion | +2.38% |
| 2017-12-31 | NT$1.41 Billion | +3.35% |
| 2016-12-31 | NT$1.37 Billion | +13.75% |
| 2015-12-31 | NT$1.20 Billion | +3.89% |
| 2014-12-31 | NT$1.16 Billion | +10.07% |
| 2013-12-31 | NT$1.05 Billion | +6.34% |
| 2012-12-31 | NT$988.39 Million | +7.67% |
| 2011-12-31 | NT$918.00 Million | +27.83% |
| 2010-12-31 | NT$718.14 Million | +26.70% |
| 2009-12-31 | NT$566.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Answer Technology 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 606.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$953.07 Million | 48.42% |
| Common Stock | NT$666.39 Million | 33.85% |
| Other Comprehensive Income | NT$47.16 Million | 2.40% |
| Other Components | NT$301.76 Million | 15.33% |
| Total Equity | NT$1.97 Billion | 100.00% |
Answer Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Answer Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Up Young Cornerstone Corp.
TWO:6728
|
$44.91 Million |
|
Thanh Cong Textile Garment Investment Trading JSC
VN:TCM
|
$44.92 Million |
|
Gemvaxlink Co. Ltd
KQ:064800
|
$44.93 Million |
|
Medexus Pharmaceuticals Inc
OTCQX:MEDXF
|
$44.95 Million |
|
Graha Andrasentra Propertindo Tbk PT
JK:JGLE
|
$44.90 Million |
|
Butler National Corp
OTCQX:BUKS
|
$44.89 Million |
|
Studentbostader I Sverige AB
ST:STUDBO
|
$44.88 Million |
|
Homerun Resources Inc.
PINK:HMRFF
|
$44.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Answer Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,809,199,000 to 1,968,385,000, a change of 159,186,000 (8.8%).
- Net income of 277,449,000 contributed positively to equity growth.
- Dividend payments of 99,939,000 reduced retained earnings.
- New share issuances of 318,000 increased equity.
- Other comprehensive income decreased equity by 29,978,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$277.45 Million | +14.1% |
| Dividends Paid | NT$99.94 Million | -5.08% |
| Share Issuances | NT$318.00K | +0.02% |
| Other Comprehensive Income | NT$-29.98 Million | -1.52% |
| Other Changes | NT$11.34 Million | +0.58% |
| Total Change | NT$- | 8.80% |
Book Value vs Market Value Analysis
This analysis compares Answer Technology 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: 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 decreased from 5.51x to 2.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$11.55 | NT$63.60 | x |
| 2010-12-31 | NT$13.21 | NT$63.60 | x |
| 2011-12-31 | NT$15.51 | NT$63.60 | x |
| 2012-12-31 | NT$16.33 | NT$63.60 | x |
| 2013-12-31 | NT$17.44 | NT$63.60 | x |
| 2014-12-31 | NT$19.20 | NT$63.60 | x |
| 2015-12-31 | NT$19.88 | NT$63.60 | x |
| 2016-12-31 | NT$20.66 | NT$63.60 | x |
| 2017-12-31 | NT$21.38 | NT$63.60 | x |
| 2018-12-31 | NT$21.48 | NT$63.60 | x |
| 2019-12-31 | NT$22.05 | NT$63.60 | x |
| 2020-12-31 | NT$22.78 | NT$63.60 | x |
| 2021-12-31 | NT$27.45 | NT$63.60 | x |
| 2022-12-31 | NT$28.94 | NT$63.60 | x |
| 2023-12-31 | NT$27.02 | NT$63.60 | x |
| 2024-12-31 | NT$29.19 | NT$63.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Answer Technology 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): 14.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.24%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 3.42x
- Recent ROE (14.10%) is below the historical average (14.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 16.68% | 4.39% | 1.73x | 2.19x | NT$37.87 Million |
| 2010 | 28.22% | 5.46% | 1.91x | 2.70x | NT$130.86 Million |
| 2011 | 14.78% | 4.77% | 1.89x | 1.64x | NT$43.87 Million |
| 2012 | 14.45% | 5.44% | 1.81x | 1.46x | NT$43.98 Million |
| 2013 | 13.94% | 5.75% | 1.51x | 1.60x | NT$41.37 Million |
| 2014 | 15.12% | 5.48% | 1.35x | 2.04x | NT$59.28 Million |
| 2015 | 16.07% | 5.94% | 1.47x | 1.85x | NT$72.98 Million |
| 2016 | 12.11% | 5.34% | 1.41x | 1.61x | NT$28.90 Million |
| 2017 | 11.63% | 4.30% | 1.39x | 1.95x | NT$23.09 Million |
| 2018 | 12.26% | 4.30% | 1.30x | 2.20x | NT$32.72 Million |
| 2019 | 12.43% | 4.41% | 1.26x | 2.23x | NT$35.50 Million |
| 2020 | 13.79% | 4.20% | 1.50x | 2.18x | NT$57.46 Million |
| 2021 | 16.25% | 4.78% | 1.25x | 2.72x | NT$115.46 Million |
| 2022 | 19.06% | 5.84% | 0.95x | 3.43x | NT$177.72 Million |
| 2023 | 6.07% | 1.74% | 0.99x | 3.52x | NT$-71.09 Million |
| 2024 | 14.10% | 5.24% | 0.79x | 3.42x | NT$80.61 Million |
Industry Comparison
This section compares Answer Technology Co Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,516,139,100
- Average return on equity (ROE) among peers: 5.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Answer Technology Co Ltd (3528) | NT$1.80 Billion | 16.68% | 2.82x | $44.91 Million |
| China Wire & Cable Co Ltd (1603) | $5.29 Billion | 8.42% | 0.61x | $77.47 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.09 Billion | -0.33% | 0.05x | $111.08 Million |
| Senao International Co Ltd (2450) | $6.43 Billion | 10.98% | 0.53x | $64.69 Million |
| Wah Lee Industrial Corp (3010) | $8.62 Billion | 11.39% | 1.34x | $645.33 Million |
| Weikeng Industrial Co Ltd (3033) | $2.53 Billion | 15.31% | 2.01x | $384.05 Million |
| Edom Technology Co Ltd (3048) | $3.72 Billion | 18.74% | 5.27x | $169.71 Million |
| MetaTech AP (3224) | $2.61 Billion | -2.64% | 0.25x | $59.52 Million |
| Sentronic International (3232) | $363.49 Million | 5.76% | 1.39x | $22.56 Million |
| Kworld Computer Co Ltd (3287) | $411.82 Million | 2.32% | 0.36x | $17.39 Million |
| G.M.I Technology Inc (3312) | $1.11 Billion | -19.88% | 1.94x | $115.66 Million |