DrayTek Corp (6216) - Net Assets
Based on the latest financial reports, DrayTek Corp (6216) has net assets worth NT$1.64 Billion TWD (≈ $51.62 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.88 Billion ≈ $59.09 Million USD) and total liabilities (NT$236.99 Million ≈ $7.47 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 DrayTek Corp (6216) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.64 Billion |
| % of Total Assets | 87.36% |
| Annual Growth Rate | 5.97% |
| 5-Year Change | 10.42% |
| 10-Year Change | 24.26% |
| Growth Volatility | 16.44 |
DrayTek Corp - Net Assets Trend (2002–2025)
This chart illustrates how DrayTek Corp's net assets have evolved over time, based on quarterly financial data. See 6216 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for DrayTek Corp (2002–2025)
The table below shows the annual net assets of DrayTek Corp from 2002 to 2025. For live valuation and market cap data, see DrayTek Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.75 Billion ≈ $55.05 Million |
-7.42% |
| 2024-12-31 | NT$1.89 Billion ≈ $59.46 Million |
+11.03% |
| 2023-12-31 | NT$1.70 Billion ≈ $53.55 Million |
+0.93% |
| 2022-12-31 | NT$1.68 Billion ≈ $53.06 Million |
+6.44% |
| 2021-12-31 | NT$1.58 Billion ≈ $49.85 Million |
+5.08% |
| 2020-12-31 | NT$1.51 Billion ≈ $47.44 Million |
-0.92% |
| 2019-12-31 | NT$1.52 Billion ≈ $47.88 Million |
+2.40% |
| 2018-12-31 | NT$1.48 Billion ≈ $46.76 Million |
+4.21% |
| 2017-12-31 | NT$1.42 Billion ≈ $44.87 Million |
+1.28% |
| 2016-12-31 | NT$1.41 Billion ≈ $44.30 Million |
+2.91% |
| 2015-12-31 | NT$1.37 Billion ≈ $43.05 Million |
+7.39% |
| 2014-12-31 | NT$1.27 Billion ≈ $40.09 Million |
+9.55% |
| 2013-12-31 | NT$1.16 Billion ≈ $36.59 Million |
+6.67% |
| 2012-12-31 | NT$1.09 Billion ≈ $34.30 Million |
-4.24% |
| 2011-12-31 | NT$1.14 Billion ≈ $35.82 Million |
+5.21% |
| 2010-12-31 | NT$1.08 Billion ≈ $34.05 Million |
-1.30% |
| 2009-12-31 | NT$1.09 Billion ≈ $34.50 Million |
+1.74% |
| 2008-12-31 | NT$1.08 Billion ≈ $33.90 Million |
-13.00% |
| 2007-12-31 | NT$1.24 Billion ≈ $38.97 Million |
+18.78% |
| 2006-12-31 | NT$1.04 Billion ≈ $32.81 Million |
+17.14% |
| 2005-12-31 | NT$889.02 Million ≈ $28.01 Million |
-7.31% |
| 2004-12-31 | NT$959.09 Million ≈ $30.22 Million |
+19.22% |
| 2003-12-31 | NT$804.44 Million ≈ $25.34 Million |
+74.71% |
| 2002-12-31 | NT$460.43 Million ≈ $14.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DrayTek Corp'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 62.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$57.61 Million | 3.30% |
| Common Stock | NT$969.81 Million | 55.50% |
| Other Comprehensive Income | NT$719.85 Million | 41.20% |
| Total Equity | NT$1.75 Billion | 100.00% |
DrayTek Corp Competitors by Market Cap
The table below lists competitors of DrayTek Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Welspun Investments and Commercials Limited
NSE:WELINV
|
$70.15 Million |
|
Hunya Foods Co Ltd
TW:1236
|
$70.18 Million |
|
Korea Business News Co. Ltd
KQ:039340
|
$70.20 Million |
|
PYRAMID TECHNOPLAST ORD (BSE)
NSE:PYRAMID
|
$70.21 Million |
|
Apollo Power Ltd
TA:APLP
|
$70.12 Million |
|
Qilian International Holding Group Limited
NASDAQ:BGM
|
$70.12 Million |
|
Inoue Rubber (Thailand) Public Company Limited
BK:IRC
|
$70.09 Million |
|
EMEK Elektrik Endustrisi AS
IS:EMKEL
|
$70.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DrayTek Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,887,285,000 to 1,747,275,000, a change of -140,010,000 (-7.4%).
- Net income of 57,612,000 contributed positively to equity growth.
- Dividend payments of 244,464,000 reduced retained earnings.
- New share issuances of 30,743,000 increased equity.
- Other comprehensive income increased equity by 719,849,000.
- Other factors decreased equity by 703,750,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$57.61 Million | +3.3% |
| Dividends Paid | NT$244.46 Million | -13.99% |
| Share Issuances | NT$30.74 Million | +1.76% |
| Other Comprehensive Income | NT$719.85 Million | +41.2% |
| Other Changes | NT$-703.75 Million | -40.28% |
| Total Change | NT$- | -7.42% |
Book Value vs Market Value Analysis
This analysis compares DrayTek Corp'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: 1.29x
- 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 1.58x to 1.29x 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$14.50 | NT$22.95 | x |
| 2010-12-31 | NT$14.24 | NT$22.95 | x |
| 2011-12-31 | NT$14.94 | NT$22.95 | x |
| 2012-12-31 | NT$14.28 | NT$22.95 | x |
| 2013-12-31 | NT$15.19 | NT$22.95 | x |
| 2014-12-31 | NT$15.94 | NT$22.95 | x |
| 2015-12-31 | NT$16.95 | NT$22.95 | x |
| 2016-12-31 | NT$17.21 | NT$22.95 | x |
| 2017-12-31 | NT$16.91 | NT$22.95 | x |
| 2018-12-31 | NT$17.61 | NT$22.95 | x |
| 2019-12-31 | NT$17.68 | NT$22.95 | x |
| 2020-12-31 | NT$17.33 | NT$22.95 | x |
| 2021-12-31 | NT$17.89 | NT$22.95 | x |
| 2022-12-31 | NT$18.26 | NT$22.95 | x |
| 2023-12-31 | NT$18.06 | NT$22.95 | x |
| 2024-12-31 | NT$19.24 | NT$22.95 | x |
| 2025-12-31 | NT$17.85 | NT$22.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DrayTek Corp 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): 3.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.61%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.07x
- Recent ROE (3.30%) is below the historical average (14.73%), 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 | 33.60% | 25.74% | 1.02x | 1.27x | NT$108.64 Million |
| 2003 | 42.73% | 31.27% | 1.01x | 1.35x | NT$263.29 Million |
| 2004 | 30.24% | 30.02% | 0.85x | 1.19x | NT$194.08 Million |
| 2005 | 12.34% | 15.86% | 0.64x | 1.21x | NT$20.76 Million |
| 2006 | 10.94% | 14.94% | 0.66x | 1.11x | NT$9.83 Million |
| 2007 | 18.52% | 22.43% | 0.77x | 1.08x | NT$105.36 Million |
| 2008 | 12.22% | 16.12% | 0.67x | 1.13x | NT$23.85 Million |
| 2009 | 11.66% | 13.20% | 0.77x | 1.15x | NT$18.12 Million |
| 2010 | 9.05% | 10.88% | 0.74x | 1.13x | NT$-10.23 Million |
| 2011 | 11.33% | 15.07% | 0.66x | 1.14x | NT$15.10 Million |
| 2012 | 10.37% | 13.94% | 0.65x | 1.14x | NT$4.03 Million |
| 2013 | 12.91% | 18.11% | 0.61x | 1.17x | NT$33.82 Million |
| 2014 | 14.58% | 17.99% | 0.69x | 1.18x | NT$58.30 Million |
| 2015 | 16.88% | 21.16% | 0.67x | 1.20x | NT$94.00 Million |
| 2016 | 17.13% | 21.09% | 0.65x | 1.24x | NT$100.32 Million |
| 2017 | 13.58% | 19.71% | 0.60x | 1.16x | NT$51.03 Million |
| 2018 | 12.65% | 19.04% | 0.58x | 1.14x | NT$39.32 Million |
| 2019 | 9.97% | 16.45% | 0.54x | 1.12x | NT$-406.70K |
| 2020 | 7.22% | 12.92% | 0.50x | 1.11x | NT$-41.87 Million |
| 2021 | 10.17% | 17.29% | 0.53x | 1.12x | NT$2.71 Million |
| 2022 | 10.44% | 19.55% | 0.48x | 1.12x | NT$7.41 Million |
| 2023 | 7.23% | 15.86% | 0.41x | 1.10x | NT$-47.01 Million |
| 2024 | 14.39% | 23.05% | 0.56x | 1.12x | NT$82.90 Million |
| 2025 | 3.30% | 7.61% | 0.41x | 1.07x | NT$-117.12 Million |
Industry Comparison
This section compares DrayTek Corp's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,429,866,600
- Average return on equity (ROE) among peers: 3.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DrayTek Corp (6216) | NT$1.64 Billion | 33.60% | 0.14x | $70.12 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $22.25 Million |
| Tecom Co Ltd (2321) | $4.84 Billion | 0.00% | 0.91x | $12.74 Million |
| D-Link Corp (2332) | $9.00 Billion | 2.66% | 0.61x | $343.15 Million |
| Accton Technology Corp (2345) | $20.43 Billion | 39.97% | 1.25x | $43.93 Billion |
| Hitron Technologies Inc (2419) | $3.48 Billion | 6.42% | 1.06x | $300.15 Million |
| Abocom Systems Inc (2444) | $1.33 Billion | 0.00% | 1.55x | $43.84 Million |
| Zinwell Corporation (2485) | $7.16 Billion | 8.46% | 0.31x | $630.56 Million |
| Loop Telecommunication International Inc (3025) | $926.82 Million | 10.19% | 0.29x | $126.02 Million |
| Edimax Technology Co Ltd (3047) | $453.99 Million | 0.00% | 2.16x | $118.88 Million |
| CyberTAN Technology Inc (3062) | $4.22 Billion | 8.99% | 0.40x | $265.14 Million |
About DrayTek Corp
DrayTek Corporation engages in the research, development, production, and sale of wired and wireless communication machinery and equipment in Taiwan, Europe, Asia, Central and South America, and internationally. The company offers VPN, load balancing, DSL modem, cellular, and fiber routers; access points; managed PoE switches; and accessories, including rack-mount brackets, USB termometers, indoo… Read more