APCB Inc (6108) - Net Assets
Based on the latest financial reports, APCB Inc (6108) has net assets worth NT$3.30 Billion TWD (≈ $103.93 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$6.55 Billion ≈ $206.23 Million USD) and total liabilities (NT$3.25 Billion ≈ $102.30 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 APCB Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.30 Billion |
| % of Total Assets | 50.39% |
| Annual Growth Rate | 6.86% |
| 5-Year Change | -7.67% |
| 10-Year Change | -12.94% |
| Growth Volatility | 25.37 |
APCB Inc - Net Assets Trend (2002–2025)
This chart illustrates how APCB Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of APCB Inc for the complete picture of this company's asset base.
Annual Net Assets for APCB Inc (2002–2025)
The table below shows the annual net assets of APCB Inc from 2002 to 2025. For live valuation and market cap data, see how much is APCB Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.30 Billion ≈ $103.93 Million |
-11.41% |
| 2024-12-31 | NT$3.72 Billion ≈ $117.32 Million |
+4.51% |
| 2023-12-31 | NT$3.56 Billion ≈ $112.26 Million |
-1.48% |
| 2022-12-31 | NT$3.62 Billion ≈ $113.94 Million |
+1.23% |
| 2021-12-31 | NT$3.57 Billion ≈ $112.56 Million |
+3.32% |
| 2020-12-31 | NT$3.46 Billion ≈ $108.94 Million |
-8.38% |
| 2019-12-31 | NT$3.77 Billion ≈ $118.91 Million |
-4.31% |
| 2018-12-31 | NT$3.94 Billion ≈ $124.26 Million |
+8.18% |
| 2017-12-31 | NT$3.65 Billion ≈ $114.87 Million |
-3.78% |
| 2016-12-31 | NT$3.79 Billion ≈ $119.38 Million |
+6.99% |
| 2015-12-31 | NT$3.54 Billion ≈ $111.58 Million |
-4.57% |
| 2014-12-31 | NT$3.71 Billion ≈ $116.92 Million |
+10.69% |
| 2013-12-31 | NT$3.35 Billion ≈ $105.63 Million |
+2.43% |
| 2012-12-31 | NT$3.27 Billion ≈ $103.13 Million |
+0.92% |
| 2011-12-31 | NT$3.24 Billion ≈ $102.19 Million |
+10.76% |
| 2010-12-31 | NT$2.93 Billion ≈ $92.26 Million |
-3.34% |
| 2009-12-31 | NT$3.03 Billion ≈ $95.44 Million |
+29.53% |
| 2008-12-31 | NT$2.34 Billion ≈ $73.69 Million |
+12.56% |
| 2007-12-31 | NT$2.08 Billion ≈ $65.47 Million |
-17.51% |
| 2006-12-31 | NT$2.52 Billion ≈ $79.36 Million |
+10.31% |
| 2005-12-31 | NT$2.28 Billion ≈ $71.94 Million |
+116.57% |
| 2004-12-31 | NT$1.05 Billion ≈ $33.22 Million |
+26.63% |
| 2003-12-31 | NT$832.66 Million ≈ $26.23 Million |
+16.01% |
| 2002-12-31 | NT$717.74 Million ≈ $22.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to APCB 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 1143.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$738.24 Million | 22.41% |
| Common Stock | NT$1.57 Billion | 47.67% |
| Other Comprehensive Income | NT$791.48 Million | 24.03% |
| Other Components | NT$194.03 Million | 5.89% |
| Total Equity | NT$3.29 Billion | 100.00% |
APCB Inc Competitors by Market Cap
The table below lists competitors of APCB Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ybox Real Estate Ltd
TA:YBOX
|
$92.99 Million |
|
Envirosuite Ltd
AU:EVS
|
$92.99 Million |
|
I Jang Industrial Co Ltd
TWO:8342
|
$93.09 Million |
|
TVS Electronics Limited
NSE:TVSELECT
|
$93.12 Million |
|
ESTec Corporation
KQ:069510
|
$92.96 Million |
|
Les Docks des Pétroles d'Ambès -SA
PA:DPAM
|
$92.91 Million |
|
eXoZymes, Inc.
NASDAQ:EXOZ
|
$92.91 Million |
|
Q.S.I Co. LTD
KQ:066310
|
$92.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APCB Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,723,658,000 to 3,293,692,000, a change of -429,966,000 (-11.5%).
- Net loss of 138,760,000 reduced equity.
- Dividend payments of 156,994,000 reduced retained earnings.
- Share repurchases of 64,181,000 reduced equity.
- Other comprehensive income increased equity by 769,008,001.
- Other factors decreased equity by 839,039,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-138.76 Million | -4.21% |
| Dividends Paid | NT$156.99 Million | -4.77% |
| Share Repurchases | NT$64.18 Million | -1.95% |
| Other Comprehensive Income | NT$769.01 Million | +23.35% |
| Other Changes | NT$-839.04 Million | -25.47% |
| Total Change | NT$- | -11.55% |
Book Value vs Market Value Analysis
This analysis compares APCB 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: 0.91x
- 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 2.02x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$9.43 | NT$19.10 | x |
| 2005-12-31 | NT$14.46 | NT$19.10 | x |
| 2006-12-31 | NT$10.71 | NT$19.10 | x |
| 2007-12-31 | NT$15.39 | NT$19.10 | x |
| 2008-12-31 | NT$15.85 | NT$19.10 | x |
| 2009-12-31 | NT$18.77 | NT$19.10 | x |
| 2010-12-31 | NT$17.80 | NT$19.10 | x |
| 2011-12-31 | NT$18.65 | NT$19.10 | x |
| 2012-12-31 | NT$18.73 | NT$19.10 | x |
| 2013-12-31 | NT$20.44 | NT$19.10 | x |
| 2014-12-31 | NT$22.97 | NT$19.10 | x |
| 2015-12-31 | NT$22.02 | NT$19.10 | x |
| 2016-12-31 | NT$23.43 | NT$19.10 | x |
| 2017-12-31 | NT$22.60 | NT$19.10 | x |
| 2018-12-31 | NT$24.33 | NT$19.10 | x |
| 2019-12-31 | NT$23.32 | NT$19.10 | x |
| 2020-12-31 | NT$21.63 | NT$19.10 | x |
| 2021-12-31 | NT$22.19 | NT$19.10 | x |
| 2022-12-31 | NT$22.55 | NT$19.10 | x |
| 2023-12-31 | NT$22.23 | NT$19.10 | x |
| 2024-12-31 | NT$23.06 | NT$19.10 | x |
| 2025-12-31 | NT$20.89 | NT$19.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APCB Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.32%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.99x
- Recent ROE (-4.21%) is below the historical average (9.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.74% | 1.80% | 0.85x | 2.43x | NT$-44.95 Million |
| 2003 | 15.95% | 4.77% | 1.01x | 3.31x | NT$49.52 Million |
| 2004 | 23.18% | 6.06% | 1.27x | 3.01x | NT$138.94 Million |
| 2005 | 14.53% | 3.95% | 0.90x | 4.08x | NT$74.19 Million |
| 2006 | 7.70% | 1.96% | 0.79x | 4.99x | NT$-40.34 Million |
| 2007 | 16.89% | 5.17% | 1.13x | 2.90x | NT$143.10 Million |
| 2008 | 10.43% | 5.20% | 0.70x | 2.85x | NT$10.02 Million |
| 2009 | 20.35% | 11.51% | 0.86x | 2.05x | NT$313.57 Million |
| 2010 | 16.65% | 7.15% | 0.89x | 2.61x | NT$194.63 Million |
| 2011 | 14.03% | 5.85% | 0.85x | 2.82x | NT$130.86 Million |
| 2012 | 10.31% | 4.67% | 0.78x | 2.82x | NT$10.21 Million |
| 2013 | 4.71% | 1.96% | 0.74x | 3.26x | NT$-177.20 Million |
| 2014 | 8.91% | 3.69% | 0.83x | 2.93x | NT$-40.53 Million |
| 2015 | 0.55% | 0.25% | 0.78x | 2.81x | NT$-334.71 Million |
| 2016 | 13.33% | 5.88% | 0.81x | 2.81x | NT$126.08 Million |
| 2017 | 7.49% | 3.13% | 0.82x | 2.93x | NT$-91.64 Million |
| 2018 | 14.09% | 6.22% | 0.80x | 2.84x | NT$161.21 Million |
| 2019 | 9.40% | 4.48% | 0.82x | 2.54x | NT$-22.66 Million |
| 2020 | -2.40% | -1.00% | 0.85x | 2.81x | NT$-428.95 Million |
| 2021 | 6.73% | 2.64% | 0.98x | 2.61x | NT$-116.87 Million |
| 2022 | 0.96% | 0.50% | 0.79x | 2.42x | NT$-326.79 Million |
| 2023 | 1.52% | 0.91% | 0.67x | 2.50x | NT$-302.01 Million |
| 2024 | 3.97% | 2.90% | 0.71x | 1.94x | NT$-224.39 Million |
| 2025 | -4.21% | -3.32% | 0.64x | 1.99x | NT$-468.13 Million |
Industry Comparison
This section compares APCB Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APCB Inc (6108) | NT$3.30 Billion | 3.74% | 0.98x | $92.97 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About APCB Inc
APCB Inc., together with its subsidiaries, manufactures, processes, and sells printed circuit boards (PCB) in Taiwan, China, Thailand, South Korea, Vietnam, and internationally. The company offers double-sided, multi-layer, and flexible PCBs, as well as other related products. It also engages in trading and investment businesses. APCB Inc. was founded in 1970 and is based in New Taipei City, Taiw… Read more