Arch Meter Corporation
Arch Meter Corporation manufactures and sells electronic measuring meters in Taiwan. The company offers embedded instrument; three phase multi-function electricity meter, single phase energy meter IEC and ANSI type, AMI concentrator, and single phase pre-payment meter; multi-function, clip-on CT, compact smart, and multi circuit power meter; and singe phase meter IC for small and middle scale mon… Read more
Arch Meter Corporation (4588) - Net Assets
Latest net assets as of September 2025: NT$872.63 Million TWD
Based on the latest financial reports, Arch Meter Corporation (4588) has net assets worth NT$872.63 Million 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$2.01 Billion) and total liabilities (NT$1.14 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$872.63 Million |
| % of Total Assets | 43.36% |
| Annual Growth Rate | 30.54% |
| 5-Year Change | 186.24% |
| 10-Year Change | N/A |
| Growth Volatility | 8.91 |
Arch Meter Corporation - Net Assets Trend (2019–2024)
This chart illustrates how Arch Meter Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arch Meter Corporation (2019–2024)
The table below shows the annual net assets of Arch Meter Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$919.40 Million | +45.58% |
| 2023-12-31 | NT$631.53 Million | +23.07% |
| 2022-12-31 | NT$513.16 Million | +32.88% |
| 2021-12-31 | NT$386.20 Million | +20.24% |
| 2020-12-31 | NT$321.20 Million | +32.51% |
| 2019-12-31 | NT$242.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arch Meter Corporation'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 31568000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$197.31 Million | 21.46% |
| Common Stock | NT$428.57 Million | 46.61% |
| Other Components | NT$293.52 Million | 31.93% |
| Total Equity | NT$919.40 Million | 100.00% |
Arch Meter Corporation Competitors by Market Cap
The table below lists competitors of Arch Meter Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hello Pal International Inc
PINK:HLLPF
|
$16.42K |
|
CAFE DE CORAL HLDG
MU:XCD
|
$16.42K |
|
COMMERCIAL VEHICLE
MU:FDU
|
$16.43K |
|
CBAV3F
SA:CBAV3F
|
$16.43K |
|
Middle Egypt Flour Mills
EGX:CEFM
|
$16.41K |
|
CJ HelloVision Co. Ltd.
KQ:037560
|
$16.40K |
|
CHINA COAL ENERG-H-
MU:CVV
|
$16.40K |
|
Veritas Farms Inc
PINK:VFRM
|
$16.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arch Meter Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 631,527,000 to 919,399,000, a change of 287,872,000 (45.6%).
- Net income of 179,766,000 contributed positively to equity growth.
- Dividend payments of 128,571,000 reduced retained earnings.
- Other factors increased equity by 236,677,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$179.77 Million | +19.55% |
| Dividends Paid | NT$128.57 Million | -13.98% |
| Other Changes | NT$236.68 Million | +25.74% |
| Total Change | NT$- | 45.58% |
Book Value vs Market Value Analysis
This analysis compares Arch Meter Corporation'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: 2.81x
- 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 8.88x to 2.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$6.78 | NT$60.20 | x |
| 2020-12-31 | NT$8.81 | NT$60.20 | x |
| 2021-12-31 | NT$9.85 | NT$60.20 | x |
| 2022-12-31 | NT$13.21 | NT$60.20 | x |
| 2023-12-31 | NT$16.11 | NT$60.20 | x |
| 2024-12-31 | NT$21.41 | NT$60.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arch Meter Corporation 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): 19.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.79%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.14x
- Recent ROE (19.55%) is above the historical average (15.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.51% | 15.97% | 0.69x | 1.41x | NT$13.35 Million |
| 2020 | 0.26% | 0.48% | 0.42x | 1.29x | NT$-31.29 Million |
| 2021 | 15.67% | 16.57% | 0.45x | 2.12x | NT$21.89 Million |
| 2022 | 20.11% | 14.42% | 0.55x | 2.56x | NT$51.91 Million |
| 2023 | 24.82% | 15.12% | 0.55x | 2.97x | NT$93.61 Million |
| 2024 | 19.55% | 16.79% | 0.54x | 2.14x | NT$87.83 Million |
Industry Comparison
This section compares Arch Meter Corporation's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arch Meter Corporation (4588) | NT$872.63 Million | 15.51% | 1.31x | $16.41K |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |