PCL Technologies Inc (4977) - Net Assets
Based on the latest financial reports, PCL Technologies Inc (4977) has net assets worth NT$3.44 Billion TWD (≈ $108.33 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.69 Billion ≈ $147.80 Million USD) and total liabilities (NT$1.25 Billion ≈ $39.47 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 4977 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.44 Billion |
| % of Total Assets | 73.29% |
| Annual Growth Rate | 14.15% |
| 5-Year Change | 46.64% |
| 10-Year Change | 173.09% |
| Growth Volatility | 22.69 |
PCL Technologies Inc - Net Assets Trend (2010–2024)
This chart illustrates how PCL Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is PCL Technologies Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for PCL Technologies Inc (2010–2024)
The table below shows the annual net assets of PCL Technologies Inc from 2010 to 2024. For live valuation and market cap data, see PCL Technologies Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.91 Billion ≈ $123.29 Million |
+1.38% |
| 2023-12-31 | NT$3.86 Billion ≈ $121.61 Million |
+3.75% |
| 2022-12-31 | NT$3.72 Billion ≈ $117.22 Million |
+51.05% |
| 2021-12-31 | NT$2.46 Billion ≈ $77.60 Million |
-7.70% |
| 2020-12-31 | NT$2.67 Billion ≈ $84.08 Million |
+19.58% |
| 2019-12-31 | NT$2.23 Billion ≈ $70.31 Million |
+32.48% |
| 2018-12-31 | NT$1.68 Billion ≈ $53.07 Million |
-1.33% |
| 2017-12-31 | NT$1.71 Billion ≈ $53.79 Million |
+13.37% |
| 2016-12-31 | NT$1.51 Billion ≈ $47.44 Million |
+5.08% |
| 2015-12-31 | NT$1.43 Billion ≈ $45.15 Million |
-5.46% |
| 2014-12-31 | NT$1.52 Billion ≈ $47.75 Million |
+10.46% |
| 2013-12-31 | NT$1.37 Billion ≈ $43.23 Million |
+77.54% |
| 2012-12-31 | NT$772.95 Million ≈ $24.35 Million |
+7.80% |
| 2011-12-31 | NT$717.00 Million ≈ $22.59 Million |
+16.84% |
| 2010-12-31 | NT$613.68 Million ≈ $19.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PCL 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 342.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$649.66 Million | 16.60% |
| Other Components | NT$3.26 Billion | 83.40% |
| Total Equity | NT$3.91 Billion | 100.00% |
PCL Technologies Inc Competitors by Market Cap
The table below lists competitors of PCL Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Carthane Co Ltd
SHG:603037
|
$539.77 Million |
|
Svolder AB (publ)
ST:SVOL-B
|
$539.91 Million |
|
The Star Entertainment Group Ltd
AU:SGR
|
$539.99 Million |
|
Bumble Inc
NASDAQ:BMBL
|
$540.03 Million |
|
Shenzhen Prolto Supply Chain Management Co Ltd
SHE:002769
|
$539.73 Million |
|
Wajax Corporation
TO:WJX
|
$539.71 Million |
|
Jahen Household Products Co. Ltd.
SHE:300955
|
$539.56 Million |
|
Cheng Uei Precision Industry Co Ltd
TW:2392
|
$539.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PCL Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,851,707,000 to 3,913,341,000, a change of 61,634,000 (1.6%).
- Net income of 263,331,000 contributed positively to equity growth.
- Dividend payments of 176,418,000 reduced retained earnings.
- Other comprehensive income decreased equity by 383,664,999.
- Other factors increased equity by 358,385,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$263.33 Million | +6.73% |
| Dividends Paid | NT$176.42 Million | -4.51% |
| Other Comprehensive Income | NT$-383.66 Million | -9.8% |
| Other Changes | NT$358.39 Million | +9.16% |
| Total Change | NT$- | 1.60% |
Book Value vs Market Value Analysis
This analysis compares PCL 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: 4.46x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 19.12x to 4.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | NT$11.38 | NT$217.50 | x |
| 2011-12-31 | NT$13.29 | NT$217.50 | x |
| 2012-12-31 | NT$13.76 | NT$217.50 | x |
| 2013-12-31 | NT$24.98 | NT$217.50 | x |
| 2014-12-31 | NT$24.64 | NT$217.50 | x |
| 2015-12-31 | NT$23.56 | NT$217.50 | x |
| 2016-12-31 | NT$25.20 | NT$217.50 | x |
| 2017-12-31 | NT$28.05 | NT$217.50 | x |
| 2018-12-31 | NT$26.08 | NT$217.50 | x |
| 2019-12-31 | NT$34.18 | NT$217.50 | x |
| 2020-12-31 | NT$37.14 | NT$217.50 | x |
| 2021-12-31 | NT$34.26 | NT$217.50 | x |
| 2022-12-31 | NT$52.75 | NT$217.50 | x |
| 2023-12-31 | NT$48.01 | NT$217.50 | x |
| 2024-12-31 | NT$48.80 | NT$217.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PCL 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): 6.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.12%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.31x
- Recent ROE (6.73%) is below the historical average (15.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 21.83% | 8.59% | 1.57x | 1.61x | NT$72.62 Million |
| 2011 | 15.41% | 7.13% | 1.40x | 1.54x | NT$38.78 Million |
| 2012 | 18.05% | 9.06% | 1.46x | 1.37x | NT$62.22 Million |
| 2013 | 14.36% | 11.57% | 1.03x | 1.20x | NT$59.84 Million |
| 2014 | 16.67% | 14.20% | 0.98x | 1.20x | NT$101.11 Million |
| 2015 | 18.67% | 15.48% | 1.00x | 1.21x | NT$124.23 Million |
| 2016 | 21.98% | 17.10% | 0.96x | 1.34x | NT$180.36 Million |
| 2017 | 16.58% | 13.69% | 0.88x | 1.38x | NT$112.25 Million |
| 2018 | 16.09% | 13.68% | 0.81x | 1.45x | NT$99.96 Million |
| 2019 | 12.14% | 10.54% | 0.86x | 1.35x | NT$47.01 Million |
| 2020 | 21.10% | 16.49% | 1.02x | 1.26x | NT$289.76 Million |
| 2021 | 11.04% | 10.44% | 0.83x | 1.28x | NT$25.04 Million |
| 2022 | 11.60% | 14.29% | 0.60x | 1.36x | NT$58.64 Million |
| 2023 | 8.85% | 19.55% | 0.34x | 1.32x | NT$-44.36 Million |
| 2024 | 6.73% | 24.12% | 0.21x | 1.31x | NT$-128.00 Million |
Industry Comparison
This section compares PCL Technologies Inc's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,332,807,700
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PCL Technologies Inc (4977) | NT$3.44 Billion | 21.83% | 0.36x | $539.73 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About PCL Technologies Inc
PCL Technologies, Inc., together with its subsidiaries, researches, manufactures, and sells optical transceiver products in Taiwan and internationally. The company offers optical transceivers, fiber channels, TO-Can packages, and optical sub-assemblies, as well as sub-assembly and module products. It also offers tooling design services. In addition, the company provides reliability and testing su… Read more