Sixxon Tech Co Ltd
Sixxon Tech. Co., Ltd., together with its subsidiaries, engages in the design, manufacturing, processing, and sale of automotive, industrial, 3C and medical related parts and accessories in Asia, Europe, and North America. The company offers precision metal parts for anti-lock braking and transmission systems, electric and hybrid vehicles, hard disk drives, orthopedics, peripheral, lasers, optics… Read more
Sixxon Tech Co Ltd (4569) - Net Assets
Latest net assets as of September 2025: NT$2.63 Billion TWD
Based on the latest financial reports, Sixxon Tech Co Ltd (4569) has net assets worth NT$2.63 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$3.46 Billion) and total liabilities (NT$828.95 Million). 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$2.63 Billion |
| % of Total Assets | 76.03% |
| Annual Growth Rate | 7.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.15 |
Sixxon Tech Co Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Sixxon Tech 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 Sixxon Tech Co Ltd (2020–2024)
The table below shows the annual net assets of Sixxon Tech Co Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.79 Billion | +6.67% |
| 2023-12-31 | NT$2.62 Billion | +12.59% |
| 2022-12-31 | NT$2.32 Billion | +10.43% |
| 2021-12-31 | NT$2.10 Billion | -0.95% |
| 2020-12-31 | NT$2.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sixxon Tech 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 234.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$373.96 Million | 13.41% |
| Common Stock | NT$310.00 Million | 11.12% |
| Other Components | NT$2.10 Billion | 75.47% |
| Total Equity | NT$2.79 Billion | 100.00% |
Sixxon Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Sixxon Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flexible Solutions International Inc
NYSE MKT:FSI
|
$46.47 Million |
|
Kumpulan Fima Bhd
KLSE:6491
|
$46.47 Million |
|
NuriFlex Co.Ltd
KQ:040160
|
$46.47 Million |
|
CZZLF
PINK:CZZLF
|
$46.48 Million |
|
Millie Seojae.
KQ:418470
|
$46.42 Million |
|
Samse SA
PA:SAMS
|
$46.41 Million |
|
Samson Holding Ltd
F:S9K
|
$46.41 Million |
|
Ever Ohms Technology Co. Ltd.
TW:6834
|
$46.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sixxon Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,615,355,000 to 2,787,956,000, a change of 172,601,000 (6.6%).
- Net income of 245,129,000 contributed positively to equity growth.
- Dividend payments of 139,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 81,087,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$245.13 Million | +8.79% |
| Dividends Paid | NT$139.50 Million | -5.0% |
| Other Comprehensive Income | NT$81.09 Million | +2.91% |
| Other Changes | NT$-14.12 Million | -0.51% |
| Total Change | NT$- | 6.60% |
Book Value vs Market Value Analysis
This analysis compares Sixxon Tech 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: 1.55x
- 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 1.81x to 1.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$77.12 | NT$139.50 | x |
| 2021-12-31 | NT$76.17 | NT$139.50 | x |
| 2022-12-31 | NT$84.16 | NT$139.50 | x |
| 2023-12-31 | NT$90.11 | NT$139.50 | x |
| 2024-12-31 | NT$89.72 | NT$139.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sixxon Tech Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.88%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.17x
- Recent ROE (8.79%) is below the historical average (9.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.44% | 10.85% | 0.54x | 1.10x | NT$-75.51 Million |
| 2021 | 14.34% | 19.78% | 0.65x | 1.11x | NT$91.23 Million |
| 2022 | 12.61% | 22.41% | 0.51x | 1.10x | NT$60.72 Million |
| 2023 | 3.62% | 7.78% | 0.43x | 1.08x | NT$-166.92 Million |
| 2024 | 8.79% | 16.88% | 0.44x | 1.17x | NT$-33.67 Million |
Industry Comparison
This section compares Sixxon Tech Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $3,188,127,500
- Average return on equity (ROE) among peers: 3.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sixxon Tech Co Ltd (4569) | NT$2.63 Billion | 6.44% | 0.32x | $46.42 Million |
| Sun Rise E&T Corporation (1343) | $412.47 Million | 0.73% | 0.69x | $22.15 Million |
| Lee Chi Enterprises Co Ltd (1517) | $2.41 Billion | 6.15% | 0.28x | $48.28 Million |
| China Metal Products Co Ltd (1532) | $3.84 Billion | 19.44% | 3.50x | $161.98 Million |
| Bin Chuan Enterprise Co Ltd (1569) | $3.24 Billion | 12.17% | 1.18x | $144.71 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.54 Billion | 2.80% | 1.77x | $49.06 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $2.60 Billion | 3.01% | 1.48x | $15.38 Million |
| Solar Applied Materials Technology (1785) | $12.99 Billion | 8.35% | 1.04x | $1.07 Billion |
| Chia Yi Steel Co Ltd (2067) | $296.62 Million | -41.63% | 5.31x | $4.93 Million |
| CX Technology Corp (2415) | $1.78 Billion | 10.39% | 1.04x | $47.22 Million |
| Catcher Technology Co Ltd (2474) | $2.77 Billion | 10.99% | 0.15x | $2.91 Billion |