Fullerton Technology Co Ltd
Fullerton Technology Co., Ltd. engages in the provision of communication services in Taiwan. The company offers ezBooking, a platform providing movie ticket booking and online e-ticket services; SaaS software online service e-commerce platform; and prepaid card communication services. It also provides entertainment services, online marketing services. In addition, the company is involved in the s… Read more
Fullerton Technology Co Ltd (6136) - Net Assets
Latest net assets as of September 2025: NT$3.46 Billion TWD
Based on the latest financial reports, Fullerton Technology Co Ltd (6136) has net assets worth NT$3.46 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$3.82 Billion) and total liabilities (NT$363.19 Million). 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$3.46 Billion |
| % of Total Assets | 90.5% |
| Annual Growth Rate | 4.13% |
| 5-Year Change | 32.23% |
| 10-Year Change | 23.29% |
| Growth Volatility | 32.68 |
Fullerton Technology Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Fullerton Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fullerton Technology Co Ltd (2002–2024)
The table below shows the annual net assets of Fullerton Technology Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.51 Billion | -9.14% |
| 2023-12-31 | NT$3.86 Billion | +34.21% |
| 2022-12-31 | NT$2.88 Billion | -5.39% |
| 2021-12-31 | NT$3.04 Billion | +14.61% |
| 2020-12-31 | NT$2.65 Billion | +1.40% |
| 2019-12-31 | NT$2.62 Billion | -0.72% |
| 2018-12-31 | NT$2.64 Billion | -11.30% |
| 2017-12-31 | NT$2.97 Billion | -2.65% |
| 2016-12-31 | NT$3.05 Billion | +7.26% |
| 2015-12-31 | NT$2.85 Billion | -11.98% |
| 2014-12-31 | NT$3.23 Billion | +1.72% |
| 2013-12-31 | NT$3.18 Billion | -9.95% |
| 2012-12-31 | NT$3.53 Billion | +0.53% |
| 2011-12-31 | NT$3.51 Billion | -27.02% |
| 2010-12-31 | NT$4.81 Billion | +11.61% |
| 2009-12-31 | NT$4.31 Billion | +117.67% |
| 2008-12-31 | NT$1.98 Billion | -45.42% |
| 2007-12-31 | NT$3.63 Billion | +65.15% |
| 2006-12-31 | NT$2.20 Billion | +31.18% |
| 2005-12-31 | NT$1.67 Billion | -17.98% |
| 2004-12-31 | NT$2.04 Billion | +15.58% |
| 2003-12-31 | NT$1.77 Billion | +22.74% |
| 2002-12-31 | NT$1.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fullerton 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 decreased by 61.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$125.48 Million | 3.60% |
| Common Stock | NT$1.16 Billion | 33.15% |
| Other Comprehensive Income | NT$2.20 Billion | 63.05% |
| Other Components | NT$6.83 Million | 0.20% |
| Total Equity | NT$3.49 Billion | 100.00% |
Fullerton Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Fullerton Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NORDIC WATERPROOFING HLDG
F:9ZQ
|
$70.10 Million |
|
Marisa Lojas S.A
SA:AMAR3
|
$70.12 Million |
|
NetraMark Holdings Inc.
PINK:AINMF
|
$70.13 Million |
|
Dong Yang Pipe
KO:008970
|
$70.14 Million |
|
G2Power Co. Ltd.
KQ:388050
|
$70.07 Million |
|
Granite Point Mortgage Trust Inc
NYSE:GPMT
|
$70.06 Million |
|
Bigtincan Holdings Limited
PINK:BTGHF
|
$70.05 Million |
|
Geninus Inc.
KQ:389030
|
$70.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fullerton Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,838,783,000 to 3,485,212,000, a change of -353,571,000 (-9.2%).
- Net income of 103,497,000 contributed positively to equity growth.
- Dividend payments of 138,644,000 reduced retained earnings.
- Other comprehensive income increased equity by 27,476,000.
- Other factors decreased equity by 345,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$103.50 Million | +2.97% |
| Dividends Paid | NT$138.64 Million | -3.98% |
| Other Comprehensive Income | NT$27.48 Million | +0.79% |
| Other Changes | NT$-345.90 Million | -9.92% |
| Total Change | NT$- | -9.21% |
Book Value vs Market Value Analysis
This analysis compares Fullerton 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: 0.79x
- 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 1.65x to 0.79x 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$14.42 | NT$23.75 | x |
| 2005-12-31 | NT$12.34 | NT$23.75 | x |
| 2006-12-31 | NT$19.29 | NT$23.75 | x |
| 2007-12-31 | NT$28.03 | NT$23.75 | x |
| 2008-12-31 | NT$13.65 | NT$23.75 | x |
| 2009-12-31 | NT$36.75 | NT$23.75 | x |
| 2010-12-31 | NT$41.18 | NT$23.75 | x |
| 2011-12-31 | NT$29.87 | NT$23.75 | x |
| 2012-12-31 | NT$30.08 | NT$23.75 | x |
| 2013-12-31 | NT$27.11 | NT$23.75 | x |
| 2014-12-31 | NT$27.58 | NT$23.75 | x |
| 2015-12-31 | NT$24.20 | NT$23.75 | x |
| 2016-12-31 | NT$26.01 | NT$23.75 | x |
| 2017-12-31 | NT$25.39 | NT$23.75 | x |
| 2018-12-31 | NT$22.53 | NT$23.75 | x |
| 2019-12-31 | NT$22.39 | NT$23.75 | x |
| 2020-12-31 | NT$22.72 | NT$23.75 | x |
| 2021-12-31 | NT$26.03 | NT$23.75 | x |
| 2022-12-31 | NT$24.62 | NT$23.75 | x |
| 2023-12-31 | NT$33.14 | NT$23.75 | x |
| 2024-12-31 | NT$30.09 | NT$23.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fullerton 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): 2.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.01%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.04x
- Recent ROE (2.97%) is below the historical average (8.28%), 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 | 22.61% | 6.35% | 2.45x | 1.45x | NT$181.54 Million |
| 2003 | 25.53% | 5.52% | 2.30x | 2.01x | NT$274.40 Million |
| 2004 | 17.09% | 2.80% | 2.26x | 2.70x | NT$144.77 Million |
| 2005 | 8.66% | 2.49% | 2.50x | 1.39x | NT$-22.46 Million |
| 2006 | 7.37% | 7.82% | 0.86x | 1.10x | NT$-57.71 Million |
| 2007 | 9.80% | 18.81% | 0.51x | 1.03x | NT$-7.23 Million |
| 2008 | 11.91% | 13.32% | 0.82x | 1.09x | NT$37.41 Million |
| 2009 | 5.80% | 18.60% | 0.30x | 1.03x | NT$-180.28 Million |
| 2010 | 8.31% | 41.41% | 0.19x | 1.04x | NT$-80.95 Million |
| 2011 | 6.64% | 22.70% | 0.28x | 1.05x | NT$-117.26 Million |
| 2012 | 7.30% | 29.02% | 0.24x | 1.04x | NT$-94.53 Million |
| 2013 | 7.35% | 29.48% | 0.24x | 1.05x | NT$-83.66 Million |
| 2014 | 7.23% | 32.64% | 0.21x | 1.04x | NT$-88.74 Million |
| 2015 | 8.11% | 29.82% | 0.26x | 1.05x | NT$-53.21 Million |
| 2016 | 7.71% | 31.30% | 0.24x | 1.05x | NT$-69.25 Million |
| 2017 | 6.74% | 28.12% | 0.23x | 1.05x | NT$-96.22 Million |
| 2018 | 3.31% | 13.54% | 0.23x | 1.05x | NT$-174.70 Million |
| 2019 | 3.04% | 9.26% | 0.31x | 1.06x | NT$-180.39 Million |
| 2020 | 2.09% | 8.43% | 0.23x | 1.06x | NT$-207.96 Million |
| 2021 | 4.72% | 23.68% | 0.19x | 1.04x | NT$-159.45 Million |
| 2022 | 3.36% | 19.20% | 0.17x | 1.05x | NT$-189.40 Million |
| 2023 | 2.70% | 20.48% | 0.13x | 1.03x | NT$-280.22 Million |
| 2024 | 2.97% | 21.01% | 0.14x | 1.04x | NT$-245.02 Million |
Industry Comparison
This section compares Fullerton Technology Co Ltd's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $281,526,000
- Average return on equity (ROE) among peers: 3.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fullerton Technology Co Ltd (6136) | NT$3.46 Billion | 22.61% | 0.10x | $70.08 Million |
| Flight International Co., Ltd. (6798) | $281.53 Million | 3.55% | 0.66x | $10.98K |