Flytech Technology Co Ltd
Flytech Technology Co., Ltd. designs, manufactures, trades in, and sells computers and peripheral equipment in Taiwan. It offers all-in-one point-of-sales (POS), panel PC, mobile POS, self-service kiosk, and box PC. The company also provides Unified Endpoint Management. It serves retail, hospitality, healthcare, industrial, and digital signage industries. Flytech Technology Co., Ltd. was incorpor… Read more
Flytech Technology Co Ltd (6206) - Net Assets
Latest net assets as of September 2025: NT$4.99 Billion TWD
Based on the latest financial reports, Flytech Technology Co Ltd (6206) has net assets worth NT$4.99 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$5.98 Billion) and total liabilities (NT$983.84 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$4.99 Billion |
| % of Total Assets | 83.54% |
| Annual Growth Rate | 10.17% |
| 5-Year Change | 11.41% |
| 10-Year Change | 4.91% |
| Growth Volatility | 12.43 |
Flytech Technology Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Flytech 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 Flytech Technology Co Ltd (2002–2024)
The table below shows the annual net assets of Flytech Technology Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.13 Billion | +9.15% |
| 2023-12-31 | NT$4.70 Billion | -5.98% |
| 2022-12-31 | NT$5.00 Billion | +5.54% |
| 2021-12-31 | NT$4.74 Billion | +2.87% |
| 2020-12-31 | NT$4.61 Billion | -1.90% |
| 2019-12-31 | NT$4.70 Billion | +0.31% |
| 2018-12-31 | NT$4.68 Billion | +2.84% |
| 2017-12-31 | NT$4.55 Billion | -6.17% |
| 2016-12-31 | NT$4.85 Billion | -0.84% |
| 2015-12-31 | NT$4.89 Billion | +18.85% |
| 2014-12-31 | NT$4.12 Billion | +7.75% |
| 2013-12-31 | NT$3.82 Billion | +35.81% |
| 2012-12-31 | NT$2.81 Billion | +12.00% |
| 2011-12-31 | NT$2.51 Billion | +8.99% |
| 2010-12-31 | NT$2.31 Billion | +16.17% |
| 2009-12-31 | NT$1.98 Billion | +12.92% |
| 2008-12-31 | NT$1.76 Billion | -5.77% |
| 2007-12-31 | NT$1.86 Billion | +26.13% |
| 2006-12-31 | NT$1.48 Billion | +35.31% |
| 2005-12-31 | NT$1.09 Billion | +27.58% |
| 2004-12-31 | NT$856.50 Million | +21.43% |
| 2003-12-31 | NT$705.32 Million | +15.80% |
| 2002-12-31 | NT$609.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flytech 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 787.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.82 Billion | 35.58% |
| Common Stock | NT$1.43 Billion | 27.94% |
| Other Components | NT$1.87 Billion | 36.48% |
| Total Equity | NT$5.12 Billion | 100.00% |
Flytech Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Flytech Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aurisco Pharmaceutical Co Ltd
SHG:605116
|
$305.60 Million |
|
Volex plc
PINK:VLXGF
|
$305.63 Million |
|
K-Bro Linen Inc.
TO:KBL
|
$305.68 Million |
|
Jiangsu WELLE Environmental Co Ltd
SHE:300190
|
$305.70 Million |
|
Shenzhen Sosen Electronics Co.Ltd.
SHE:301002
|
$305.47 Million |
|
Propel Funeral Partners Limited
PINK:PFPLF
|
$305.43 Million |
|
Regal Partners Ltd
AU:RPL
|
$305.40 Million |
|
SEMAPA SGPS NAM. O.N.
STU:SQQ1
|
$305.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flytech Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,659,257,000 to 5,120,021,000, a change of 460,764,000 (9.9%).
- Net income of 991,837,000 contributed positively to equity growth.
- Dividend payments of 572,249,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$991.84 Million | +19.37% |
| Dividends Paid | NT$572.25 Million | -11.18% |
| Other Changes | NT$41.18 Million | +0.8% |
| Total Change | NT$- | 9.89% |
Book Value vs Market Value Analysis
This analysis compares Flytech 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: 2.93x
- 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 9.01x to 2.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$11.54 | NT$104.00 | x |
| 2007-12-31 | NT$13.89 | NT$104.00 | x |
| 2008-12-31 | NT$12.98 | NT$104.00 | x |
| 2009-12-31 | NT$15.54 | NT$104.00 | x |
| 2010-12-31 | NT$17.08 | NT$104.00 | x |
| 2011-12-31 | NT$17.15 | NT$104.00 | x |
| 2012-12-31 | NT$18.86 | NT$104.00 | x |
| 2013-12-31 | NT$25.62 | NT$104.00 | x |
| 2014-12-31 | NT$27.64 | NT$104.00 | x |
| 2015-12-31 | NT$30.87 | NT$104.00 | x |
| 2016-12-31 | NT$30.75 | NT$104.00 | x |
| 2017-12-31 | NT$28.85 | NT$104.00 | x |
| 2018-12-31 | NT$30.42 | NT$104.00 | x |
| 2019-12-31 | NT$30.50 | NT$104.00 | x |
| 2020-12-31 | NT$30.06 | NT$104.00 | x |
| 2021-12-31 | NT$30.78 | NT$104.00 | x |
| 2022-12-31 | NT$34.03 | NT$104.00 | x |
| 2023-12-31 | NT$32.35 | NT$104.00 | x |
| 2024-12-31 | NT$35.53 | NT$104.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flytech 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): 19.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.53%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.19x
- Recent ROE (19.37%) is below the historical average (21.62%), 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 | 22.42% | 17.17% | 1.04x | 1.25x | NT$75.67 Million |
| 2003 | 21.46% | 15.64% | 0.93x | 1.47x | NT$80.85 Million |
| 2004 | 24.24% | 13.39% | 1.29x | 1.40x | NT$121.93 Million |
| 2005 | 23.81% | 16.18% | 1.13x | 1.30x | NT$150.91 Million |
| 2006 | 28.53% | 19.98% | 1.14x | 1.25x | NT$274.02 Million |
| 2007 | 33.11% | 22.21% | 1.18x | 1.26x | NT$430.91 Million |
| 2008 | 26.77% | 19.48% | 1.13x | 1.21x | NT$294.72 Million |
| 2009 | 27.46% | 22.26% | 1.02x | 1.21x | NT$346.55 Million |
| 2010 | 25.24% | 18.14% | 0.91x | 1.53x | NT$351.27 Million |
| 2011 | 21.61% | 17.62% | 0.76x | 1.62x | NT$288.87 Million |
| 2012 | 21.85% | 17.02% | 0.82x | 1.57x | NT$330.34 Million |
| 2013 | 22.70% | 21.15% | 0.82x | 1.30x | NT$480.98 Million |
| 2014 | 23.50% | 20.20% | 0.89x | 1.30x | NT$551.18 Million |
| 2015 | 22.30% | 19.50% | 0.87x | 1.31x | NT$560.77 Million |
| 2016 | 19.47% | 15.65% | 0.91x | 1.37x | NT$428.91 Million |
| 2017 | 17.43% | 11.25% | 1.09x | 1.43x | NT$314.79 Million |
| 2018 | 18.25% | 12.20% | 1.13x | 1.32x | NT$362.33 Million |
| 2019 | 16.73% | 13.82% | 0.93x | 1.31x | NT$296.19 Million |
| 2020 | 13.60% | 13.30% | 0.79x | 1.29x | NT$156.23 Million |
| 2021 | 15.41% | 13.17% | 0.82x | 1.43x | NT$239.84 Million |
| 2022 | 21.16% | 18.82% | 0.91x | 1.24x | NT$550.20 Million |
| 2023 | 10.77% | 14.39% | 0.62x | 1.21x | NT$35.93 Million |
| 2024 | 19.37% | 21.53% | 0.75x | 1.19x | NT$479.83 Million |
Industry Comparison
This section compares Flytech Technology Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flytech Technology Co Ltd (6206) | NT$4.99 Billion | 22.42% | 0.20x | $305.48 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |