Pegatron Corp
Pegatron Corporation, together with its subsidiaries, designs, develops, manufactures, and sells computer, communication, and consumer electronic products in Europe, the United States, Taiwan, China, Japan, and internationally. It offers notebooks, desktops, PCs, motherboards, rugged computers, and servers; tablets and game consoles; and smartphones, cable modems, set-top boxes, and network switc… Read more
Pegatron Corp (4938) - Net Assets
Latest net assets as of September 2025: NT$228.15 Billion TWD
Based on the latest financial reports, Pegatron Corp (4938) has net assets worth NT$228.15 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$613.99 Billion) and total liabilities (NT$385.83 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$228.15 Billion |
| % of Total Assets | 37.16% |
| Annual Growth Rate | 5.03% |
| 5-Year Change | 21.49% |
| 10-Year Change | 25.66% |
| Growth Volatility | 6.68 |
Pegatron Corp - Net Assets Trend (2008–2024)
This chart illustrates how Pegatron Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pegatron Corp (2008–2024)
The table below shows the annual net assets of Pegatron Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$241.70 Billion | +9.06% |
| 2023-12-31 | NT$221.62 Billion | +3.29% |
| 2022-12-31 | NT$214.57 Billion | +10.45% |
| 2021-12-31 | NT$194.27 Billion | -2.35% |
| 2020-12-31 | NT$198.94 Billion | +2.95% |
| 2019-12-31 | NT$193.25 Billion | +3.65% |
| 2018-12-31 | NT$186.45 Billion | +3.74% |
| 2017-12-31 | NT$179.72 Billion | -1.26% |
| 2016-12-31 | NT$182.02 Billion | -5.36% |
| 2015-12-31 | NT$192.34 Billion | +9.99% |
| 2014-12-31 | NT$174.87 Billion | +21.39% |
| 2013-12-31 | NT$144.06 Billion | +12.86% |
| 2012-12-31 | NT$127.64 Billion | +7.99% |
| 2011-12-31 | NT$118.20 Billion | +1.35% |
| 2010-12-31 | NT$116.62 Billion | -2.94% |
| 2009-12-31 | NT$120.15 Billion | +9.06% |
| 2008-12-31 | NT$110.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pegatron Corp'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 1077.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$64.24 Billion | 31.02% |
| Common Stock | NT$26.63 Billion | 12.86% |
| Other Components | NT$116.22 Billion | 56.12% |
| Total Equity | NT$207.09 Billion | 100.00% |
Pegatron Corp Competitors by Market Cap
The table below lists competitors of Pegatron Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Turkcell Iletisim Hizmetleri AS
NYSE:TKC
|
$4.53 Billion |
|
Macy’s Inc
NYSE:M
|
$4.53 Billion |
|
China Satellite Communications Co Ltd
SHG:601698
|
$4.53 Billion |
|
Indra A
MC:IDR
|
$4.54 Billion |
|
RINGK.LANDBOBK DK 1
F:CJ2
|
$4.52 Billion |
|
Gentex Corporation
NASDAQ:GNTX
|
$4.52 Billion |
|
Lundin Mining Corporation
PINK:LUNMF
|
$4.52 Billion |
|
Resideo Technologies Inc
NYSE:REZI
|
$4.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pegatron Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 188,809,892,000 to 207,093,133,000, a change of 18,283,241,000 (9.7%).
- Net income of 16,876,878,000 contributed positively to equity growth.
- Dividend payments of 11,969,361,000 reduced retained earnings.
- Share repurchases of 10,040,000 reduced equity.
- Other comprehensive income increased equity by 2,939,544,000.
- Other factors increased equity by 10,446,220,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$16.88 Billion | +8.15% |
| Dividends Paid | NT$11.97 Billion | -5.78% |
| Share Repurchases | NT$10.04 Million | -0.0% |
| Other Comprehensive Income | NT$2.94 Billion | +1.42% |
| Other Changes | NT$10.45 Billion | +5.04% |
| Total Change | NT$- | 9.68% |
Book Value vs Market Value Analysis
This analysis compares Pegatron Corp'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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.52x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | NT$49.93 | NT$75.80 | x |
| 2009-12-31 | NT$41.28 | NT$75.80 | x |
| 2010-12-31 | NT$39.82 | NT$75.80 | x |
| 2011-12-31 | NT$40.47 | NT$75.80 | x |
| 2012-12-31 | NT$38.73 | NT$75.80 | x |
| 2013-12-31 | NT$42.01 | NT$75.80 | x |
| 2014-12-31 | NT$56.29 | NT$75.80 | x |
| 2015-12-31 | NT$57.46 | NT$75.80 | x |
| 2016-12-31 | NT$56.85 | NT$75.80 | x |
| 2017-12-31 | NT$55.94 | NT$75.80 | x |
| 2018-12-31 | NT$56.97 | NT$75.80 | x |
| 2019-12-31 | NT$59.75 | NT$75.80 | x |
| 2020-12-31 | NT$61.47 | NT$75.80 | x |
| 2021-12-31 | NT$61.83 | NT$75.80 | x |
| 2022-12-31 | NT$67.74 | NT$75.80 | x |
| 2023-12-31 | NT$70.27 | NT$75.80 | x |
| 2024-12-31 | NT$77.06 | NT$75.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pegatron Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.50%
- • Asset Turnover: 1.67x
- • Equity Multiplier: 3.26x
- Recent ROE (8.15%) is below the historical average (9.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 6.14% | 1.08% | 2.39x | 2.39x | NT$-3.47 Billion |
| 2009 | 7.05% | 1.25% | 2.40x | 2.34x | NT$-2.83 Billion |
| 2010 | 6.84% | 1.17% | 2.46x | 2.38x | NT$-2.87 Billion |
| 2011 | 0.12% | 0.02% | 2.00x | 3.27x | NT$-9.05 Billion |
| 2012 | 6.66% | 0.72% | 2.23x | 4.13x | NT$-3.20 Billion |
| 2013 | 8.90% | 1.01% | 2.28x | 3.88x | NT$-1.18 Billion |
| 2014 | 10.97% | 1.44% | 2.23x | 3.42x | NT$1.29 Billion |
| 2015 | 15.83% | 1.96% | 2.55x | 3.17x | NT$8.77 Billion |
| 2016 | 13.04% | 1.67% | 2.61x | 2.99x | NT$4.51 Billion |
| 2017 | 10.06% | 1.23% | 2.45x | 3.34x | NT$85.41 Million |
| 2018 | 7.41% | 0.83% | 2.29x | 3.89x | NT$-3.89 Billion |
| 2019 | 12.25% | 1.41% | 2.39x | 3.62x | NT$3.55 Billion |
| 2020 | 12.43% | 1.44% | 2.04x | 4.21x | NT$3.95 Billion |
| 2021 | 12.33% | 1.63% | 1.86x | 4.06x | NT$3.89 Billion |
| 2022 | 8.27% | 1.15% | 2.07x | 3.49x | NT$-3.15 Billion |
| 2023 | 8.32% | 1.25% | 2.26x | 2.95x | NT$-3.17 Billion |
| 2024 | 8.15% | 1.50% | 1.67x | 3.26x | NT$-3.83 Billion |
Industry Comparison
This section compares Pegatron Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $34,252,543,000
- Average return on equity (ROE) among peers: 2.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pegatron Corp (4938) | NT$228.15 Billion | 6.14% | 1.69x | $4.53 Billion |
| Solytech Enterprise Corp (1471) | $1.03 Billion | -1.81% | 0.16x | $49.10 Million |
| Microtek International Inc (2305) | $2.33 Billion | 1.19% | 0.27x | $18.05 Million |
| Kinpo Electronics Inc (2312) | $19.76 Billion | 0.15% | 0.97x | $849.94 Million |
| CMC Magnetics Corp (2323) | $53.71 Billion | 0.56% | 0.64x | $302.78 Million |
| Compal Electronics Inc (2324) | $39.33 Billion | 0.00% | 0.57x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $21.12 Billion | 0.70% | 0.73x | $204.97 Million |
| Ritek Corp (2349) | $22.45 Billion | -14.77% | 0.59x | $261.22 Million |
| Qisda Corp (2352) | $31.03 Billion | 9.57% | 2.40x | $839.54 Million |
| Inventec Corp (2356) | $35.60 Billion | 15.84% | 1.63x | $3.28 Billion |
| Asustek Computer Inc (2357) | $116.17 Billion | 14.27% | 0.88x | $11.74 Billion |