Voltronic Power Technology Corp
Voltronic Power Technology Corp., together with its subsidiaries, manufactures and sells uninterruptible power systems (UPS) in Taiwan and China. It offers UPS products, such as DC and standby, line interactive, lithium, single and three phase online UPS, and accessories; PV inverter products, including off-grid, on-grid with energy-storage, solar charge controller, application-specific products,… Read more
Voltronic Power Technology Corp (6409) - Net Assets
Latest net assets as of September 2025: NT$8.55 Billion TWD
Based on the latest financial reports, Voltronic Power Technology Corp (6409) has net assets worth NT$8.55 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$16.00 Billion) and total liabilities (NT$7.46 Billion). 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$8.55 Billion |
| % of Total Assets | 53.4% |
| Annual Growth Rate | 21.87% |
| 5-Year Change | 85.99% |
| 10-Year Change | 144.06% |
| Growth Volatility | 23.73 |
Voltronic Power Technology Corp - Net Assets Trend (2010–2024)
This chart illustrates how Voltronic Power Technology Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Voltronic Power Technology Corp (2010–2024)
The table below shows the annual net assets of Voltronic Power Technology Corp from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.93 Billion | +18.80% |
| 2023-12-31 | NT$8.36 Billion | +0.17% |
| 2022-12-31 | NT$8.34 Billion | +46.18% |
| 2021-12-31 | NT$5.71 Billion | +6.91% |
| 2020-12-31 | NT$5.34 Billion | +9.40% |
| 2019-12-31 | NT$4.88 Billion | +9.66% |
| 2018-12-31 | NT$4.45 Billion | +6.49% |
| 2017-12-31 | NT$4.18 Billion | -2.55% |
| 2016-12-31 | NT$4.29 Billion | +5.41% |
| 2015-12-31 | NT$4.07 Billion | +19.48% |
| 2014-12-31 | NT$3.41 Billion | +72.16% |
| 2013-12-31 | NT$1.98 Billion | +38.52% |
| 2012-12-31 | NT$1.43 Billion | +35.44% |
| 2011-12-31 | NT$1.05 Billion | +69.27% |
| 2010-12-31 | NT$622.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Voltronic Power Technology 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 grown by 2264.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.80 Billion | 48.30% |
| Common Stock | NT$877.21 Million | 8.83% |
| Other Comprehensive Income | NT$4.29 Billion | 43.20% |
| Total Equity | NT$9.93 Billion | 100.00% |
Voltronic Power Technology Corp Competitors by Market Cap
The table below lists competitors of Voltronic Power Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SOLENO THERAPEUT. DL-001
F:6XC
|
$1.56 Billion |
|
Pitney Bowes Inc
NYSE:PBI
|
$1.56 Billion |
|
JEOL -JAPAN EL.OPT.-
F:JEL
|
$1.56 Billion |
|
Trump Media & Technology Group Corp.
NASDAQ:DJT
|
$1.56 Billion |
|
Eastern Communications Co Ltd A
SHG:600776
|
$1.56 Billion |
|
Guizhou Chanhen Chemical Corp
SHE:002895
|
$1.56 Billion |
|
Cairn Homes plc
PINK:CNHHY
|
$1.56 Billion |
|
Strabag SE
PINK:STBBF
|
$1.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voltronic Power Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,357,803,000 to 9,929,152,000, a change of 1,571,349,000 (18.8%).
- Net income of 4,204,322,000 contributed positively to equity growth.
- Dividend payments of 3,289,896,000 reduced retained earnings.
- Other comprehensive income increased equity by 940,626,000.
- Other factors decreased equity by 283,703,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$4.20 Billion | +42.34% |
| Dividends Paid | NT$3.29 Billion | -33.13% |
| Other Comprehensive Income | NT$940.63 Million | +9.47% |
| Other Changes | NT$-283.70 Million | -2.86% |
| Total Change | NT$- | 18.80% |
Book Value vs Market Value Analysis
This analysis compares Voltronic Power Technology 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: 6.81x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 67.11x to 6.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | NT$11.47 | NT$770.00 | x |
| 2011-12-31 | NT$15.12 | NT$770.00 | x |
| 2012-12-31 | NT$19.51 | NT$770.00 | x |
| 2013-12-31 | NT$25.73 | NT$770.00 | x |
| 2014-12-31 | NT$40.15 | NT$770.00 | x |
| 2015-12-31 | NT$47.09 | NT$770.00 | x |
| 2016-12-31 | NT$49.57 | NT$770.00 | x |
| 2017-12-31 | NT$48.27 | NT$770.00 | x |
| 2018-12-31 | NT$51.26 | NT$770.00 | x |
| 2019-12-31 | NT$55.94 | NT$770.00 | x |
| 2020-12-31 | NT$61.08 | NT$770.00 | x |
| 2021-12-31 | NT$65.24 | NT$770.00 | x |
| 2022-12-31 | NT$95.44 | NT$770.00 | x |
| 2023-12-31 | NT$95.30 | NT$770.00 | x |
| 2024-12-31 | NT$113.07 | NT$770.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voltronic Power Technology 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): 42.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.43%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 1.74x
- Recent ROE (42.34%) is above the historical average (37.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 30.94% | 7.30% | 1.70x | 2.49x | NT$130.39 Million |
| 2011 | 26.52% | 8.12% | 1.57x | 2.07x | NT$174.15 Million |
| 2012 | 36.42% | 10.92% | 1.69x | 1.97x | NT$377.26 Million |
| 2013 | 30.87% | 11.12% | 1.52x | 1.82x | NT$412.75 Million |
| 2014 | 29.23% | 14.81% | 1.23x | 1.60x | NT$654.89 Million |
| 2015 | 34.82% | 17.62% | 1.26x | 1.57x | NT$1.01 Billion |
| 2016 | 33.31% | 17.59% | 1.15x | 1.65x | NT$999.51 Million |
| 2017 | 32.63% | 13.83% | 1.36x | 1.73x | NT$945.77 Million |
| 2018 | 40.76% | 15.90% | 1.38x | 1.86x | NT$1.37 Billion |
| 2019 | 43.67% | 16.47% | 1.25x | 2.12x | NT$1.64 Billion |
| 2020 | 41.16% | 16.09% | 1.15x | 2.23x | NT$1.66 Billion |
| 2021 | 41.34% | 13.91% | 1.27x | 2.34x | NT$1.79 Billion |
| 2022 | 53.13% | 19.51% | 1.42x | 1.92x | NT$3.60 Billion |
| 2023 | 43.34% | 19.12% | 1.28x | 1.77x | NT$2.79 Billion |
| 2024 | 42.34% | 18.43% | 1.32x | 1.74x | NT$3.21 Billion |
Industry Comparison
This section compares Voltronic Power Technology Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Voltronic Power Technology Corp (6409) | NT$8.55 Billion | 30.94% | 0.87x | $1.56 Billion |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |