Apex International Co Ltd (4927) - Net Assets
Based on the latest financial reports, Apex International Co Ltd (4927) has net assets worth NT$4.93 Billion TWD (≈ $155.19 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$18.88 Billion ≈ $594.82 Million USD) and total liabilities (NT$13.95 Billion ≈ $439.63 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. Also explore 4927 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.93 Billion |
| % of Total Assets | 26.09% |
| Annual Growth Rate | 11.55% |
| 5-Year Change | -20.7% |
| 10-Year Change | 47.69% |
| Growth Volatility | 21.34 |
Apex International Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Apex International Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 4927 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Apex International Co Ltd (2009–2025)
The table below shows the annual net assets of Apex International Co Ltd from 2009 to 2025. For live valuation and market cap data, see how much is Apex International Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$5.89 Billion ≈ $185.62 Million |
-13.18% |
| 2024-12-31 | NT$6.79 Billion ≈ $213.80 Million |
-2.15% |
| 2023-12-31 | NT$6.93 Billion ≈ $218.49 Million |
-13.65% |
| 2022-12-31 | NT$8.03 Billion ≈ $253.04 Million |
+8.10% |
| 2021-12-31 | NT$7.43 Billion ≈ $234.08 Million |
-3.02% |
| 2020-12-31 | NT$7.66 Billion ≈ $241.36 Million |
+2.89% |
| 2019-12-31 | NT$7.45 Billion ≈ $234.57 Million |
+23.91% |
| 2018-12-31 | NT$6.01 Billion ≈ $189.31 Million |
+36.46% |
| 2017-12-31 | NT$4.40 Billion ≈ $138.73 Million |
+10.39% |
| 2016-12-31 | NT$3.99 Billion ≈ $125.68 Million |
-2.87% |
| 2015-12-31 | NT$4.11 Billion ≈ $129.39 Million |
-0.12% |
| 2014-12-31 | NT$4.11 Billion ≈ $129.56 Million |
+57.17% |
| 2013-12-31 | NT$2.62 Billion ≈ $82.43 Million |
+4.75% |
| 2012-12-31 | NT$2.50 Billion ≈ $78.69 Million |
+17.03% |
| 2011-12-31 | NT$2.13 Billion ≈ $67.24 Million |
+35.76% |
| 2010-12-31 | NT$1.57 Billion ≈ $49.53 Million |
+53.30% |
| 2009-12-31 | NT$1.03 Billion ≈ $32.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Apex International 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 decreased by 15046.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$2.65 Billion | 45.13% |
| Other Comprehensive Income | NT$1.25 Billion | 21.24% |
| Other Components | NT$3.75 Billion | 63.82% |
| Total Equity | NT$5.87 Billion | 100.00% |
Apex International Co Ltd Competitors by Market Cap
The table below lists competitors of Apex International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lewis Group Limited
JSE:LEW
|
$243.73 Million |
|
Monogram Orthopaedics Inc. Common Stock
NASDAQ:MGRM
|
$243.79 Million |
|
Adagene Inc
NASDAQ:ADAG
|
$243.81 Million |
|
Zura Bio Limited Class A Ordinary Shares
NASDAQ:ZURA
|
$243.84 Million |
|
Dimand S.A.
AT:DIMAND
|
$243.68 Million |
|
Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198
|
$243.59 Million |
|
Chen Full International Co Ltd
TWO:8383
|
$243.46 Million |
|
Santhera Pharmaceuticals Holding AG
SW:SANN
|
$243.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apex International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,759,419,000 to 5,870,934,000, a change of -888,485,000 (-13.1%).
- Net loss of 2,020,953,000 reduced equity.
- New share issuances of 896,379,000 increased equity.
- Other comprehensive income increased equity by 1,315,970,000.
- Other factors decreased equity by 1,079,881,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-2.02 Billion | -34.42% |
| Share Issuances | NT$896.38 Million | +15.27% |
| Other Comprehensive Income | NT$1.32 Billion | +22.42% |
| Other Changes | NT$-1.08 Billion | -18.39% |
| Total Change | NT$- | -13.14% |
Book Value vs Market Value Analysis
This analysis compares Apex International 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: 1.16x
- 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 2.59x to 1.16x 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$11.27 | NT$29.20 | x |
| 2010-12-31 | NT$17.29 | NT$29.20 | x |
| 2011-12-31 | NT$23.09 | NT$29.20 | x |
| 2012-12-31 | NT$24.58 | NT$29.20 | x |
| 2013-12-31 | NT$22.73 | NT$29.20 | x |
| 2014-12-31 | NT$30.16 | NT$29.20 | x |
| 2015-12-31 | NT$28.12 | NT$29.20 | x |
| 2016-12-31 | NT$27.80 | NT$29.20 | x |
| 2017-12-31 | NT$33.28 | NT$29.20 | x |
| 2018-12-31 | NT$34.97 | NT$29.20 | x |
| 2019-12-31 | NT$39.03 | NT$29.20 | x |
| 2020-12-31 | NT$40.14 | NT$29.20 | x |
| 2021-12-31 | NT$38.94 | NT$29.20 | x |
| 2022-12-31 | NT$42.11 | NT$29.20 | x |
| 2023-12-31 | NT$35.01 | NT$29.20 | x |
| 2024-12-31 | NT$34.76 | NT$29.20 | x |
| 2025-12-31 | NT$25.21 | NT$29.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apex International Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -34.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.41%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.33x
- Recent ROE (-34.42%) is below the historical average (6.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1.17% | 4.15% | 0.08x | 3.48x | NT$-89.89 Million |
| 2010 | 21.68% | 7.67% | 1.11x | 2.56x | NT$182.25 Million |
| 2011 | 20.65% | 8.65% | 0.99x | 2.42x | NT$225.85 Million |
| 2012 | 22.96% | 9.92% | 0.91x | 2.55x | NT$321.49 Million |
| 2013 | 13.49% | 5.53% | 0.80x | 3.06x | NT$90.80 Million |
| 2014 | 10.44% | 5.80% | 0.75x | 2.40x | NT$18.14 Million |
| 2015 | 13.01% | 6.16% | 0.82x | 2.59x | NT$123.05 Million |
| 2016 | 6.89% | 3.18% | 0.79x | 2.75x | NT$-123.46 Million |
| 2017 | 1.78% | 0.75% | 0.93x | 2.56x | NT$-359.95 Million |
| 2018 | 13.87% | 7.42% | 0.92x | 2.03x | NT$231.30 Million |
| 2019 | 11.16% | 7.96% | 0.88x | 1.59x | NT$85.80 Million |
| 2020 | 15.72% | 10.13% | 0.77x | 2.00x | NT$436.15 Million |
| 2021 | 18.63% | 9.31% | 0.75x | 2.68x | NT$638.25 Million |
| 2022 | 10.93% | 5.87% | 0.74x | 2.50x | NT$74.66 Million |
| 2023 | -11.54% | -6.31% | 0.70x | 2.62x | NT$-1.49 Billion |
| 2024 | -26.49% | -14.37% | 0.64x | 2.88x | NT$-2.47 Billion |
| 2025 | -34.42% | -17.41% | 0.59x | 3.33x | NT$-2.61 Billion |
Industry Comparison
This section compares Apex International Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $32,147,420,000
- Average return on equity (ROE) among peers: 6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apex International Co Ltd (4927) | NT$4.93 Billion | 1.17% | 2.83x | $243.73 Million |
| Syncmold Enterprise Corp (1582) | $5.98 Billion | 4.21% | 0.97x | $299.99 Million |
| Fulltech Fiber Glass (1815) | $6.59 Billion | -9.88% | 1.04x | $1.09 Billion |
| Delta Electronics Inc (2308) | $186.12 Billion | 14.40% | 0.96x | $134.21 Billion |
| Compeq Manufacturing Co Ltd (2313) | $17.08 Billion | 6.02% | 0.96x | $6.35 Billion |
| WUS Printed Circuit Co Ltd (2316) | $8.04 Billion | 6.35% | 0.63x | $811.70 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $44.25 Billion | 23.35% | 1.00x | $110.20 Billion |
| Yageo Corp (2327) | $31.87 Billion | 13.01% | 0.58x | $32.56 Billion |
| Pan-International Industrial Corp (2328) | $10.76 Billion | -2.25% | 0.50x | $672.01 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.64 Billion | 10.26% | 0.54x | $458.98 Million |
| Solomon Technology Corp (2359) | $4.14 Billion | 2.71% | 0.26x | $653.29 Million |
About Apex International Co Ltd
Apex International Co., Ltd. manufactures, processes, trades, and sells printed circuit boards in Singapore, Thailand, Vietnam, South Korea, Hong Kong, and internationally. The company provides single-sided, double-sided, and multi-layer printed circuit boards used in LCD TVs, set-top boxes, hard disks, printers, and multimedia equipment for automobiles. It also offers home appliances, PC-related… Read more