Answer Technology Co Ltd (3528) - Net Assets
Based on the latest financial reports, Answer Technology Co Ltd (3528) has net assets worth NT$2.09 Billion TWD (≈ $65.77 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$11.85 Billion ≈ $373.26 Million USD) and total liabilities (NT$9.76 Billion ≈ $307.49 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 3528 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.09 Billion |
| % of Total Assets | 17.62% |
| Annual Growth Rate | 7.96% |
| 5-Year Change | 4.54% |
| 10-Year Change | 41.15% |
| Growth Volatility | 9.57 |
Answer Technology Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Answer Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Answer Technology Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Answer Technology Co Ltd (2009–2025)
The table below shows the annual net assets of Answer Technology Co Ltd from 2009 to 2025. For live valuation and market cap data, see market value of Answer Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.93 Billion ≈ $60.80 Million |
-1.96% |
| 2024-12-31 | NT$1.97 Billion ≈ $62.01 Million |
+8.80% |
| 2023-12-31 | NT$1.81 Billion ≈ $57.00 Million |
-7.82% |
| 2022-12-31 | NT$1.96 Billion ≈ $61.83 Million |
+6.32% |
| 2021-12-31 | NT$1.85 Billion ≈ $58.16 Million |
+21.88% |
| 2020-12-31 | NT$1.51 Billion ≈ $47.72 Million |
+3.54% |
| 2019-12-31 | NT$1.46 Billion ≈ $46.09 Million |
+1.12% |
| 2018-12-31 | NT$1.45 Billion ≈ $45.58 Million |
+2.38% |
| 2017-12-31 | NT$1.41 Billion ≈ $44.52 Million |
+3.35% |
| 2016-12-31 | NT$1.37 Billion ≈ $43.07 Million |
+13.75% |
| 2015-12-31 | NT$1.20 Billion ≈ $37.87 Million |
+3.89% |
| 2014-12-31 | NT$1.16 Billion ≈ $36.45 Million |
+10.07% |
| 2013-12-31 | NT$1.05 Billion ≈ $33.11 Million |
+6.34% |
| 2012-12-31 | NT$988.39 Million ≈ $31.14 Million |
+7.67% |
| 2011-12-31 | NT$918.00 Million ≈ $28.92 Million |
+27.83% |
| 2010-12-31 | NT$718.14 Million ≈ $22.63 Million |
+26.70% |
| 2009-12-31 | NT$566.78 Million ≈ $17.86 Million |
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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 323.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$571.57 Million | 29.62% |
| Common Stock | NT$666.39 Million | 34.53% |
| Other Comprehensive Income | NT$449.24 Million | 23.28% |
| Other Components | NT$242.65 Million | 12.57% |
| Total Equity | NT$1.93 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 |
|---|---|
|
Batavia Prosperindo Int
JK:BPII
|
$257.15 Million |
|
Bookook Sec
KO:001270
|
$257.19 Million |
|
Karsan Otomotiv Sanayi ve Ticaret AS
IS:KARSN
|
$257.21 Million |
|
Banque Cantonale Du Jura SA
SW:BCJ
|
$257.32 Million |
|
Shin Ruenn Development Co Ltd
TWO:6186
|
$256.99 Million |
|
Kiri Industries Limited
NSE:KIRIINDUS
|
$256.89 Million |
|
PLINTAS
KLSE:5320
|
$256.84 Million |
|
Infotel SA
PA:INF
|
$256.81 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 2024 to 2025, total equity changed from 1,968,385,000 to 1,929,858,000, a change of -38,527,000 (-2.0%).
- Net income of 152,973,000 contributed positively to equity growth.
- Dividend payments of 199,918,000 reduced retained earnings.
- Other comprehensive income increased equity by 402,079,001.
- Other factors decreased equity by 393,661,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$152.97 Million | +7.93% |
| Dividends Paid | NT$199.92 Million | -10.36% |
| Other Comprehensive Income | NT$402.08 Million | +20.83% |
| Other Changes | NT$-393.66 Million | -20.4% |
| Total Change | NT$- | -1.96% |
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: 4.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 10.61x to 4.26x 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$122.50 | x |
| 2010-12-31 | NT$13.21 | NT$122.50 | x |
| 2011-12-31 | NT$15.51 | NT$122.50 | x |
| 2012-12-31 | NT$16.33 | NT$122.50 | x |
| 2013-12-31 | NT$17.44 | NT$122.50 | x |
| 2014-12-31 | NT$19.20 | NT$122.50 | x |
| 2015-12-31 | NT$19.88 | NT$122.50 | x |
| 2016-12-31 | NT$20.66 | NT$122.50 | x |
| 2017-12-31 | NT$21.38 | NT$122.50 | x |
| 2018-12-31 | NT$21.48 | NT$122.50 | x |
| 2019-12-31 | NT$22.05 | NT$122.50 | x |
| 2020-12-31 | NT$22.78 | NT$122.50 | x |
| 2021-12-31 | NT$27.45 | NT$122.50 | x |
| 2022-12-31 | NT$28.94 | NT$122.50 | x |
| 2023-12-31 | NT$27.02 | NT$122.50 | x |
| 2024-12-31 | NT$29.19 | NT$122.50 | x |
| 2025-12-31 | NT$28.75 | NT$122.50 | 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): 7.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 4.75x
- Recent ROE (7.93%) is below the historical average (14.41%), 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$80.61 Million |
| 2025 | 7.93% | 1.71% | 0.98x | 4.75x | NT$-40.01 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: $11,159,743,900
- Average return on equity (ROE) among peers: 11.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Answer Technology Co Ltd (3528) | NT$2.09 Billion | 16.68% | 4.68x | $257.14 Million |
| China Wire & Cable Co Ltd (1603) | $2.97 Billion | 5.87% | 1.87x | $158.89 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.81 Billion | 5.96% | 0.12x | $254.37 Million |
| Synnex Technology International Corp (2347) | $27.80 Billion | 11.84% | 1.27x | $4.86 Billion |
| Foxconn Technology Co Ltd (2354) | $49.32 Billion | 18.34% | 1.03x | $2.56 Billion |
| Senao International Co Ltd (2450) | $6.13 Billion | 23.32% | 0.72x | $236.36 Million |
| Wah Lee Industrial Corp (3010) | $13.28 Billion | 10.66% | 1.59x | $1.06 Billion |
| Weikeng Industrial Co Ltd (3033) | $3.74 Billion | 19.19% | 2.14x | $743.69 Million |
| Edom Technology Co Ltd (3048) | $2.25 Billion | 14.51% | 1.96x | $617.18 Million |
| MetaTech AP (3224) | $599.51 Million | 0.87% | 0.30x | $93.42 Million |
| Sentronic International (3232) | $702.21 Million | 2.09% | 0.68x | $33.82 Million |
About 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.