Symtek Automation Asia Co Ltd

TW:6438 Taiwan Specialty Industrial Machinery
Market Cap
$393.81 Million
NT$13.03 Billion TWD
Market Cap Rank
#12821 Global
#396 in Taiwan
Share Price
NT$158.50
Change (1 day)
+7.09%
52-Week Range
NT$118.00 - NT$214.50
All Time High
NT$241.00
About

Symtek Automation Asia Co., Ltd., together with its subsidiaries, manufactures and sells automation equipment and related products in Taiwan, China, and the United States. It operates through Semiconductor Carriers " PCB Automation Equipment, Semiconductor Packaging and Testing " LCD Panel Automation Equipment, Semiconductor Wafers " Semiconductor Automation Equipment, and AMHS Department " Autom… Read more

Symtek Automation Asia Co Ltd (6438) - Net Assets

Latest net assets as of September 2025: NT$5.39 Billion TWD

Based on the latest financial reports, Symtek Automation Asia Co Ltd (6438) has net assets worth NT$5.39 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$9.57 Billion) and total liabilities (NT$4.19 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$5.39 Billion
% of Total Assets 56.25%
Annual Growth Rate 15.55%
5-Year Change 127.13%
10-Year Change 393.11%
Growth Volatility 20.19

Symtek Automation Asia Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Symtek Automation Asia 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 Symtek Automation Asia Co Ltd (2011–2024)

The table below shows the annual net assets of Symtek Automation Asia Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 NT$4.87 Billion +19.14%
2023-12-31 NT$4.09 Billion +10.71%
2022-12-31 NT$3.69 Billion +10.99%
2021-12-31 NT$3.33 Billion +55.15%
2020-12-31 NT$2.14 Billion +29.09%
2019-12-31 NT$1.66 Billion -6.23%
2018-12-31 NT$1.77 Billion +21.42%
2017-12-31 NT$1.46 Billion +60.65%
2016-12-31 NT$908.04 Million -8.04%
2015-12-31 NT$987.49 Million +12.36%
2014-12-31 NT$878.87 Million -2.25%
2013-12-31 NT$899.10 Million +14.46%
2012-12-31 NT$785.52 Million +5.67%
2011-12-31 NT$743.39 Million --

Equity Component Analysis

This analysis shows how different components contribute to Symtek Automation Asia 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 527.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$1.20 Billion 25.37%
Common Stock NT$752.82 Million 15.94%
Other Components NT$2.77 Billion 58.69%
Total Equity NT$4.72 Billion 100.00%

Symtek Automation Asia Co Ltd Competitors by Market Cap

The table below lists competitors of Symtek Automation Asia Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Symtek Automation Asia Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,044,669,000 to 4,722,999,000, a change of 678,330,000 (16.8%).
  • Net income of 574,108,000 contributed positively to equity growth.
  • Dividend payments of 338,767,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 791,358,000.
  • Other factors increased equity by 1,234,347,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$574.11 Million +12.16%
Dividends Paid NT$338.77 Million -7.17%
Other Comprehensive Income NT$-791.36 Million -16.76%
Other Changes NT$1.23 Billion +26.13%
Total Change NT$- 16.77%

Book Value vs Market Value Analysis

This analysis compares Symtek Automation Asia 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: 2.65x
  • 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 9.61x to 2.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 NT$16.49 NT$158.50 x
2013-12-31 NT$18.97 NT$158.50 x
2014-12-31 NT$18.53 NT$158.50 x
2015-12-31 NT$20.88 NT$158.50 x
2016-12-31 NT$19.34 NT$158.50 x
2017-12-31 NT$28.26 NT$158.50 x
2018-12-31 NT$30.51 NT$158.50 x
2019-12-31 NT$26.01 NT$158.50 x
2020-12-31 NT$32.48 NT$158.50 x
2021-12-31 NT$47.94 NT$158.50 x
2022-12-31 NT$50.36 NT$158.50 x
2023-12-31 NT$53.18 NT$158.50 x
2024-12-31 NT$59.87 NT$158.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Symtek Automation Asia 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): 12.16%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.21%
  • • Asset Turnover: 0.59x
  • • Equity Multiplier: 1.83x
  • Recent ROE (12.16%) is below the historical average (17.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 18.18% 9.99% 0.93x 1.96x NT$64.22 Million
2013 22.10% 10.79% 0.91x 2.24x NT$108.75 Million
2014 25.86% 10.79% 0.97x 2.47x NT$139.35 Million
2015 25.47% 10.56% 1.12x 2.16x NT$152.80 Million
2016 12.40% 5.27% 0.89x 2.64x NT$21.80 Million
2017 20.92% 9.30% 0.93x 2.43x NT$159.26 Million
2018 13.12% 6.19% 0.98x 2.17x NT$55.28 Million
2019 4.08% 2.29% 0.83x 2.16x NT$-98.27 Million
2020 17.69% 11.17% 0.71x 2.22x NT$164.87 Million
2021 19.59% 13.28% 0.79x 1.86x NT$319.02 Million
2022 18.29% 11.58% 0.73x 2.17x NT$302.35 Million
2023 16.02% 11.15% 0.73x 1.96x NT$243.34 Million
2024 12.16% 11.21% 0.59x 1.83x NT$101.81 Million

Industry Comparison

This section compares Symtek Automation Asia Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $13,532,689,500
  • Average return on equity (ROE) among peers: 12.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Symtek Automation Asia Co Ltd (6438) NT$5.39 Billion 18.18% 0.78x $301.54 Million
TECO Electric & Machinery Co Ltd (1504) $61.70 Billion 5.22% 0.61x $3.79 Billion
Chung-Hsin Electric & Machinery Mfg Corp (1513) $19.24 Billion 18.82% 1.56x $1.96 Billion
Anderson Industrial Corp (1528) $2.30 Billion -6.77% 1.31x $87.63 Million
Awea Mechantronic Co Ltd (1530) $3.16 Billion 4.15% 0.97x $20.63 Million
Kaulin Mfg (1531) $4.60 Billion 7.11% 0.29x $39.04 Million
Chiu Ting Machinery Co Ltd (1539) $990.48 Million 22.54% 1.99x $14.13 Million
Roundtop Machinery Industries Co Ltd (1540) $1.20 Billion 23.81% 0.57x $45.90 Million
Sinmag Equipment (1580) $2.98 Billion 20.23% 0.34x $131.61 Million
Goodway Machine Corp (1583) $4.00 Billion 10.09% 1.15x $28.04 Million
Airtac International Group (1590) $35.15 Billion 18.33% 0.36x $3.89 Billion