AzureWave Technologies Inc (3694) - Net Assets
Based on the latest financial reports, AzureWave Technologies Inc (3694) has net assets worth NT$3.46 Billion TWD (≈ $108.88 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$7.72 Billion ≈ $243.21 Million USD) and total liabilities (NT$4.26 Billion ≈ $134.34 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 3694 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.46 Billion |
| % of Total Assets | 44.77% |
| Annual Growth Rate | 5.11% |
| 5-Year Change | 85.66% |
| 10-Year Change | 116.57% |
| Growth Volatility | 12.25 |
AzureWave Technologies Inc - Net Assets Trend (2009–2024)
This chart illustrates how AzureWave Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore 3694 total asset value for the complete picture of this company's asset base.
Annual Net Assets for AzureWave Technologies Inc (2009–2024)
The table below shows the annual net assets of AzureWave Technologies Inc from 2009 to 2024. For live valuation and market cap data, see AzureWave Technologies Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.40 Billion ≈ $107.16 Million |
+15.27% |
| 2023-12-31 | NT$2.95 Billion ≈ $92.96 Million |
+12.64% |
| 2022-12-31 | NT$2.62 Billion ≈ $82.53 Million |
+25.61% |
| 2021-12-31 | NT$2.09 Billion ≈ $65.70 Million |
+13.83% |
| 2020-12-31 | NT$1.83 Billion ≈ $57.72 Million |
+14.08% |
| 2019-12-31 | NT$1.61 Billion ≈ $50.60 Million |
-8.22% |
| 2018-12-31 | NT$1.75 Billion ≈ $55.13 Million |
+8.56% |
| 2017-12-31 | NT$1.61 Billion ≈ $50.78 Million |
+1.80% |
| 2016-12-31 | NT$1.58 Billion ≈ $49.88 Million |
+0.81% |
| 2015-12-31 | NT$1.57 Billion ≈ $49.48 Million |
+1.40% |
| 2014-12-31 | NT$1.55 Billion ≈ $48.79 Million |
-24.82% |
| 2013-12-31 | NT$2.06 Billion ≈ $64.90 Million |
-8.88% |
| 2012-12-31 | NT$2.26 Billion ≈ $71.23 Million |
+14.33% |
| 2011-12-31 | NT$1.98 Billion ≈ $62.30 Million |
+15.81% |
| 2010-12-31 | NT$1.71 Billion ≈ $53.80 Million |
+6.04% |
| 2009-12-31 | NT$1.61 Billion ≈ $50.73 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to AzureWave Technologies 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 grown by 101.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$555.56 Million | 16.33% |
| Common Stock | NT$1.53 Billion | 44.85% |
| Other Components | NT$1.32 Billion | 38.81% |
| Total Equity | NT$3.40 Billion | 100.00% |
AzureWave Technologies Inc Competitors by Market Cap
The table below lists competitors of AzureWave Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DeFi Technologies Inc.
NEO:DEFI
|
$295.89 Million |
|
Deva Holding AS
IS:DEVA
|
$295.90 Million |
|
Dropsuite Ltd
AU:DSE
|
$295.92 Million |
|
Kambi Group Plc
F:7KB
|
$296.23 Million |
|
Nano Dimension Ltd
F:2N5B
|
$295.80 Million |
|
Komax Holding AG
SW:KOMN
|
$295.64 Million |
|
WCM Global Growth Ltd
AU:WQG
|
$295.54 Million |
|
BK Technologies Inc
NYSE MKT:BKTI
|
$295.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AzureWave Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,950,680,000 to 3,401,211,000, a change of 450,531,000 (15.3%).
- Net income of 417,023,000 contributed positively to equity growth.
- Dividend payments of 152,598,000 reduced retained earnings.
- Other comprehensive income decreased equity by 37,420,000.
- Other factors increased equity by 223,526,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$417.02 Million | +12.26% |
| Dividends Paid | NT$152.60 Million | -4.49% |
| Other Comprehensive Income | NT$-37.42 Million | -1.1% |
| Other Changes | NT$223.53 Million | +6.57% |
| Total Change | NT$- | 15.27% |
Book Value vs Market Value Analysis
This analysis compares AzureWave Technologies 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: 2.72x
- 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 3.52x to 2.72x 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$17.23 | NT$60.60 | x |
| 2010-12-31 | NT$16.76 | NT$60.60 | x |
| 2011-12-31 | NT$18.57 | NT$60.60 | x |
| 2012-12-31 | NT$17.67 | NT$60.60 | x |
| 2013-12-31 | NT$15.87 | NT$60.60 | x |
| 2014-12-31 | NT$11.93 | NT$60.60 | x |
| 2015-12-31 | NT$12.10 | NT$60.60 | x |
| 2016-12-31 | NT$12.19 | NT$60.60 | x |
| 2017-12-31 | NT$12.22 | NT$60.60 | x |
| 2018-12-31 | NT$11.53 | NT$60.60 | x |
| 2019-12-31 | NT$10.66 | NT$60.60 | x |
| 2020-12-31 | NT$12.18 | NT$60.60 | x |
| 2021-12-31 | NT$13.86 | NT$60.60 | x |
| 2022-12-31 | NT$17.10 | NT$60.60 | x |
| 2023-12-31 | NT$19.28 | NT$60.60 | x |
| 2024-12-31 | NT$22.24 | NT$60.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AzureWave Technologies 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): 12.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.51%
- • Asset Turnover: 1.47x
- • Equity Multiplier: 1.85x
- Recent ROE (12.26%) is above the historical average (2.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 17.11% | 5.96% | 1.56x | 1.85x | NT$114.44 Million |
| 2010 | 15.78% | 4.19% | 1.91x | 1.97x | NT$98.61 Million |
| 2011 | 0.67% | 0.20% | 1.52x | 2.23x | NT$-184.54 Million |
| 2012 | -5.63% | -1.53% | 1.94x | 1.89x | NT$-353.36 Million |
| 2013 | -12.56% | -4.04% | 1.48x | 2.10x | NT$-464.77 Million |
| 2014 | -36.31% | -10.43% | 1.57x | 2.22x | NT$-717.31 Million |
| 2015 | 2.47% | 0.59% | 1.88x | 2.24x | NT$-118.23 Million |
| 2016 | 4.92% | 1.27% | 1.93x | 2.01x | NT$-80.42 Million |
| 2017 | 2.13% | 0.55% | 1.67x | 2.31x | NT$-126.91 Million |
| 2018 | -6.77% | -1.71% | 1.55x | 2.55x | NT$-293.40 Million |
| 2019 | -10.31% | -2.16% | 1.55x | 3.09x | NT$-326.19 Million |
| 2020 | 16.60% | 3.17% | 1.62x | 3.24x | NT$120.90 Million |
| 2021 | 14.81% | 2.70% | 1.79x | 3.07x | NT$100.34 Million |
| 2022 | 11.27% | 2.93% | 1.79x | 2.15x | NT$33.17 Million |
| 2023 | 11.30% | 3.50% | 1.73x | 1.87x | NT$38.37 Million |
| 2024 | 12.26% | 4.51% | 1.47x | 1.85x | NT$76.90 Million |
Industry Comparison
This section compares AzureWave Technologies Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $3,545,987,700
- Average return on equity (ROE) among peers: 5.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AzureWave Technologies Inc (3694) | NT$3.46 Billion | 17.11% | 1.23x | $295.83 Million |
| Microelectronics Technology Inc (2314) | $5.20 Billion | 8.15% | 0.60x | $47.14 Million |
| Tecom Co Ltd (2321) | $547.52 Million | 8.67% | 4.30x | $12.46 Million |
| D-Link Corp (2332) | $8.93 Billion | -4.95% | 0.76x | $260.42 Million |
| Accton Technology Corp (2345) | $7.06 Billion | 14.25% | 0.92x | $40.15 Billion |
| Hitron Technologies Inc (2419) | $3.48 Billion | 4.27% | 1.04x | $306.23 Million |
| Abocom Systems Inc (2444) | $1.36 Billion | 7.88% | 0.70x | $42.72 Million |
| Zinwell Corporation (2485) | $2.25 Billion | 6.82% | 0.17x | $587.53 Million |
| Loop Telecommunication International Inc (3025) | $787.95 Million | -5.56% | 0.24x | $107.43 Million |
| Edimax Technology Co Ltd (3047) | $2.49 Billion | 3.33% | 1.52x | $102.61 Million |
| CyberTAN Technology Inc (3062) | $3.36 Billion | 9.59% | 1.88x | $257.39 Million |
About AzureWave Technologies Inc
AzureWave Technologies, Inc. engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide. The company offers wireless modules, including M.2 socket type, M.2 solder-own, solder-down stamp, wireless IOT module, and system-in-package products. It also provides infineon, NXP, nvidia certified module, dialog, morse micro, newracom, and atmosic solutions. In a… Read more