Sysage Technology Co Ltd Net Assets
Sysage Technology Co Ltd net assets. Based on the latest financial reports, Sysage Technology Co Ltd (6112) has net assets worth NT$4.93 Billion TWD (≈ $155.31 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$13.30 Billion ≈ $418.96 Million USD) and total liabilities (NT$8.37 Billion ≈ $263.65 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 6112 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.93 Billion |
| % of Total Assets | 37.07% |
| Annual Growth Rate | 5.47% |
| 5-Year Change | 11.45% |
| 10-Year Change | 160.01% |
| Growth Volatility | 17.69 |
Net Assets of Sysage Technology Co Ltd (2002–2024)
Net assets of Sysage Technology Co Ltd from 2002 to 2024. This chart illustrates how Sysage Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Sysage Technology Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Sysage Technology Co Ltd (2002–2024)
The table below shows the annual net assets of Sysage Technology Co Ltd from 2002 to 2024. For live market cap and overall valuation, see market cap of Sysage Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.07 Billion ≈ $159.64 Million |
-4.30% |
| 2023-12-31 | NT$5.29 Billion ≈ $166.82 Million |
+20.20% |
| 2022-12-31 | NT$4.40 Billion ≈ $138.78 Million |
-1.20% |
| 2021-12-31 | NT$4.46 Billion ≈ $140.47 Million |
-1.93% |
| 2020-12-31 | NT$4.55 Billion ≈ $143.23 Million |
-1.32% |
| 2019-12-31 | NT$4.61 Billion ≈ $145.15 Million |
+83.08% |
| 2018-12-31 | NT$2.52 Billion ≈ $79.28 Million |
+12.38% |
| 2017-12-31 | NT$2.24 Billion ≈ $70.55 Million |
+9.53% |
| 2016-12-31 | NT$2.04 Billion ≈ $64.41 Million |
+4.91% |
| 2015-12-31 | NT$1.95 Billion ≈ $61.40 Million |
+4.89% |
| 2014-12-31 | NT$1.86 Billion ≈ $58.54 Million |
+3.58% |
| 2013-12-31 | NT$1.79 Billion ≈ $56.51 Million |
+0.38% |
| 2012-12-31 | NT$1.79 Billion ≈ $56.29 Million |
+3.97% |
| 2011-12-31 | NT$1.72 Billion ≈ $54.14 Million |
+3.95% |
| 2010-12-31 | NT$1.65 Billion ≈ $52.09 Million |
+6.52% |
| 2009-12-31 | NT$1.55 Billion ≈ $48.90 Million |
-4.32% |
| 2008-12-31 | NT$1.62 Billion ≈ $51.11 Million |
-1.71% |
| 2007-12-31 | NT$1.65 Billion ≈ $52.00 Million |
+7.74% |
| 2006-12-31 | NT$1.53 Billion ≈ $48.27 Million |
+4.25% |
| 2005-12-31 | NT$1.47 Billion ≈ $46.30 Million |
-3.66% |
| 2004-12-31 | NT$1.53 Billion ≈ $48.06 Million |
-1.06% |
| 2003-12-31 | NT$1.54 Billion ≈ $48.57 Million |
-1.77% |
| 2002-12-31 | NT$1.57 Billion ≈ $49.45 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sysage Technology 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 grown by 294.4% over the analyzed period, indicating profitable operations and earnings retention.
Sysage Technology Co Ltd Net Assets Breakdown (December 2024)
Sysage Technology Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$372.45 Million | 9.14% |
| Other Components | NT$3.70 Billion | 90.86% |
| Total Equity | NT$4.07 Billion | 100.00% |
Sysage Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Sysage Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ample Electronic Technology Co Ltd
TWO:4760
|
$297.93 Million |
|
Cadiz Inc
NASDAQ:CDZI
|
$298.06 Million |
|
Guangdong Yantang Dairy Co Ltd
SHE:002732
|
$298.18 Million |
|
Daqing Huake Co Ltd
SHE:000985
|
$298.21 Million |
|
Sky Harbour Group Corp
NYSE MKT:SKYH
|
$297.73 Million |
|
Tang Eng Iron Works Co Ltd
TWO:2035
|
$297.73 Million |
|
Hutchison Telecommunications (Australia) Ltd
AU:HTA
|
$297.71 Million |
|
Mezzion Pharma Co.Ltd
KQ:140410
|
$297.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sysage Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,450,985,000 to 4,073,819,000, a change of -377,166,000 (-8.5%).
- Net income of 113,561,000 contributed positively to equity growth.
- Dividend payments of 517,983,000 reduced retained earnings.
- Other comprehensive income decreased equity by 29,378,999.
- Other factors increased equity by 56,634,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$113.56 Million | +2.79% |
| Dividends Paid | NT$517.98 Million | -12.71% |
| Other Comprehensive Income | NT$-29.38 Million | -0.72% |
| Other Changes | NT$56.63 Million | +1.39% |
| Total Change | NT$- | -8.47% |
Book Value vs Market Value Analysis
This analysis compares Sysage Technology 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: 2.32x
- 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 3.43x to 2.32x 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$14.62 | NT$50.20 | x |
| 2010-12-31 | NT$16.25 | NT$50.20 | x |
| 2011-12-31 | NT$17.00 | NT$50.20 | x |
| 2012-12-31 | NT$16.12 | NT$50.20 | x |
| 2013-12-31 | NT$15.40 | NT$50.20 | x |
| 2014-12-31 | NT$16.01 | NT$50.20 | x |
| 2015-12-31 | NT$16.28 | NT$50.20 | x |
| 2016-12-31 | NT$17.20 | NT$50.20 | x |
| 2017-12-31 | NT$17.46 | NT$50.20 | x |
| 2018-12-31 | NT$18.22 | NT$50.20 | x |
| 2019-12-31 | NT$28.82 | NT$50.20 | x |
| 2020-12-31 | NT$22.47 | NT$50.20 | x |
| 2021-12-31 | NT$22.57 | NT$50.20 | x |
| 2022-12-31 | NT$22.33 | NT$50.20 | x |
| 2023-12-31 | NT$23.49 | NT$50.20 | x |
| 2024-12-31 | NT$21.63 | NT$50.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sysage Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.62%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 3.29x
- Recent ROE (2.79%) is below the historical average (8.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.10% | 2.87% | 0.98x | 1.45x | NT$-92.58 Million |
| 2003 | 1.51% | 0.86% | 0.98x | 1.77x | NT$-130.91 Million |
| 2004 | 1.38% | 0.82% | 1.11x | 1.50x | NT$-131.54 Million |
| 2005 | 0.31% | 0.19% | 1.17x | 1.44x | NT$-142.37 Million |
| 2006 | 4.39% | 2.77% | 1.11x | 1.44x | NT$-85.92 Million |
| 2007 | 8.13% | 3.51% | 1.36x | 1.71x | NT$-30.30 Million |
| 2008 | 5.91% | 2.38% | 1.64x | 1.52x | NT$-65.65 Million |
| 2009 | 5.14% | 2.35% | 1.34x | 1.63x | NT$-74.95 Million |
| 2010 | 7.51% | 2.64% | 1.43x | 1.99x | NT$-39.51 Million |
| 2011 | 10.33% | 2.92% | 1.67x | 2.12x | NT$5.54 Million |
| 2012 | 11.83% | 3.02% | 1.64x | 2.39x | NT$31.65 Million |
| 2013 | 12.12% | 2.80% | 1.61x | 2.69x | NT$36.79 Million |
| 2014 | 12.78% | 2.73% | 1.63x | 2.88x | NT$49.97 Million |
| 2015 | 12.23% | 2.64% | 1.75x | 2.64x | NT$41.00 Million |
| 2016 | 12.30% | 2.62% | 1.70x | 2.77x | NT$44.73 Million |
| 2017 | 13.72% | 2.72% | 1.79x | 2.82x | NT$76.89 Million |
| 2018 | 14.07% | 2.84% | 1.70x | 2.90x | NT$92.05 Million |
| 2019 | 8.85% | 3.08% | 1.56x | 1.84x | NT$-49.23 Million |
| 2020 | 12.85% | 4.06% | 1.66x | 1.91x | NT$121.89 Million |
| 2021 | 13.46% | 4.83% | 1.42x | 1.97x | NT$148.53 Million |
| 2022 | 9.72% | 3.41% | 1.33x | 2.15x | NT$-11.72 Million |
| 2023 | 13.31% | 2.99% | 1.65x | 2.69x | NT$147.24 Million |
| 2024 | 2.79% | 0.62% | 1.37x | 3.29x | NT$-293.82 Million |
Industry Comparison
This section compares Sysage Technology Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,624,738,889
- Average return on equity (ROE) among peers: 8.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sysage Technology Co Ltd (6112) | NT$4.93 Billion | 4.10% | 1.70x | $297.90 Million |
| Kwong Fong Industries Corp (1416) | $3.56 Billion | 2.67% | 0.29x | $79.12 Million |
| Syscom Computer Engineering Co (2453) | $1.50 Billion | 1.19% | 0.52x | $167.61 Million |
| Fortune Information Systems Corp (2468) | $1.13 Billion | 3.76% | 0.39x | $128.94 Million |
| Ares International Corp (2471) | $671.35 Million | 0.00% | 0.42x | $76.08 Million |
| Jetwell Computer Co Ltd (3147) | $611.15 Million | 15.32% | 1.19x | $431.49 Million |
| Wistron Information Technology & Services (4953) | $3.82 Billion | 11.90% | 0.48x | $271.91 Million |
| Systex Corp (6214) | $18.33 Billion | 10.68% | 0.89x | $1.60 Billion |
| Genesis Technology (6221) | $1.53 Billion | 13.80% | 1.34x | $219.10 Million |
| Tatung System Technologies (8099) | $1.47 Billion | 12.83% | 1.16x | $386.22 Million |
About Sysage Technology Co Ltd
Metaage Corporation distributes and resells software and hardware equipment of ICT infrastructures in Taiwan, the United States of America, Africa, and internationally. It operates through ICT Infrastructures; Computing & Data Utilization; Digitalization; and Clouds, Software and Services segments. The company offers cloud application integration, infrastructure network, storage system, virtualiz… Read more