EZconn Corp (6442) - Net Assets
Based on the latest financial reports, EZconn Corp (6442) has net assets worth NT$4.10 Billion TWD (≈ $129.12 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$9.13 Billion ≈ $287.56 Million USD) and total liabilities (NT$5.03 Billion ≈ $158.44 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 financial resilience of EZconn Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.10 Billion |
| % of Total Assets | 44.9% |
| Annual Growth Rate | 5.47% |
| 5-Year Change | 116.38% |
| 10-Year Change | 62.87% |
| Growth Volatility | 24.27 |
EZconn Corp - Net Assets Trend (2011–2024)
This chart illustrates how EZconn Corp's net assets have evolved over time, based on quarterly financial data. Also explore 6442 total assets for the complete picture of this company's asset base.
Annual Net Assets for EZconn Corp (2011–2024)
The table below shows the annual net assets of EZconn Corp from 2011 to 2024. For live valuation and market cap data, see 6442 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.70 Billion ≈ $116.51 Million |
+80.33% |
| 2023-12-31 | NT$2.05 Billion ≈ $64.61 Million |
+2.94% |
| 2022-12-31 | NT$1.99 Billion ≈ $62.77 Million |
+14.66% |
| 2021-12-31 | NT$1.74 Billion ≈ $54.74 Million |
+1.67% |
| 2020-12-31 | NT$1.71 Billion ≈ $53.84 Million |
-12.58% |
| 2019-12-31 | NT$1.95 Billion ≈ $61.59 Million |
-7.72% |
| 2018-12-31 | NT$2.12 Billion ≈ $66.74 Million |
+1.58% |
| 2017-12-31 | NT$2.09 Billion ≈ $65.70 Million |
-8.34% |
| 2016-12-31 | NT$2.28 Billion ≈ $71.68 Million |
+0.20% |
| 2015-12-31 | NT$2.27 Billion ≈ $71.53 Million |
+25.51% |
| 2014-12-31 | NT$1.81 Billion ≈ $56.99 Million |
+13.85% |
| 2013-12-31 | NT$1.59 Billion ≈ $50.06 Million |
+10.83% |
| 2012-12-31 | NT$1.43 Billion ≈ $45.17 Million |
-22.51% |
| 2011-12-31 | NT$1.85 Billion ≈ $58.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to EZconn 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 108.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.78 Billion | 48.26% |
| Common Stock | NT$760.00 Million | 20.56% |
| Other Components | NT$1.15 Billion | 31.18% |
| Total Equity | NT$3.70 Billion | 100.00% |
EZconn Corp Competitors by Market Cap
The table below lists competitors of EZconn Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pepco Group B.V.
WAR:PCO
|
$5.04 Billion |
|
CTS Eventim AG & Co. KGaA
XETRA:EVD
|
$5.04 Billion |
|
Whitehaven Coal Ltd
AU:WHC
|
$5.04 Billion |
|
Changsha Jingjia Microelectronics Co Ltd
SHE:300474
|
$5.05 Billion |
|
Enstar Group Limited
NASDAQ:ESGR
|
$5.04 Billion |
|
ExlService Holdings Inc
NASDAQ:EXLS
|
$5.04 Billion |
|
Jiangsu Boqian New Materials Stock Co Ltd
SHG:605376
|
$5.04 Billion |
|
Subsea 7 S.A
F:SOCA
|
$5.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EZconn Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,050,726,000 to 3,696,075,000, a change of 1,645,349,000 (80.2%).
- Net income of 1,057,601,000 contributed positively to equity growth.
- Dividend payments of 158,760,000 reduced retained earnings.
- New share issuances of 530,100,000 increased equity.
- Other comprehensive income decreased equity by 320,140,000.
- Other factors increased equity by 536,548,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.06 Billion | +28.61% |
| Dividends Paid | NT$158.76 Million | -4.3% |
| Share Issuances | NT$530.10 Million | +14.34% |
| Other Comprehensive Income | NT$-320.14 Million | -8.66% |
| Other Changes | NT$536.55 Million | +14.52% |
| Total Change | NT$- | 80.23% |
Book Value vs Market Value Analysis
This analysis compares EZconn 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: 42.53x
- 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 71.85x to 42.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | NT$29.37 | NT$2110.00 | x |
| 2012-12-31 | NT$22.33 | NT$2110.00 | x |
| 2013-12-31 | NT$24.68 | NT$2110.00 | x |
| 2014-12-31 | NT$27.89 | NT$2110.00 | x |
| 2015-12-31 | NT$33.52 | NT$2110.00 | x |
| 2016-12-31 | NT$32.05 | NT$2110.00 | x |
| 2017-12-31 | NT$29.57 | NT$2110.00 | x |
| 2018-12-31 | NT$29.98 | NT$2110.00 | x |
| 2019-12-31 | NT$28.21 | NT$2110.00 | x |
| 2020-12-31 | NT$25.24 | NT$2110.00 | x |
| 2021-12-31 | NT$25.74 | NT$2110.00 | x |
| 2022-12-31 | NT$29.29 | NT$2110.00 | x |
| 2023-12-31 | NT$30.76 | NT$2110.00 | x |
| 2024-12-31 | NT$49.62 | NT$2110.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EZconn Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.50%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.90x
- Recent ROE (28.61%) is above the historical average (8.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 4.58% | 2.72% | 1.04x | 1.61x | NT$-100.33 Million |
| 2012 | 7.57% | 3.07% | 1.28x | 1.92x | NT$-34.80 Million |
| 2013 | 7.40% | 3.59% | 1.21x | 1.70x | NT$-41.38 Million |
| 2014 | 12.88% | 5.94% | 1.26x | 1.72x | NT$52.02 Million |
| 2015 | 13.99% | 7.36% | 1.25x | 1.52x | NT$90.51 Million |
| 2016 | 12.75% | 6.66% | 1.32x | 1.45x | NT$62.46 Million |
| 2017 | 2.25% | 1.62% | 0.96x | 1.45x | NT$-161.53 Million |
| 2018 | 7.29% | 5.50% | 0.86x | 1.53x | NT$-57.44 Million |
| 2019 | -0.99% | -0.80% | 0.81x | 1.53x | NT$-214.77 Million |
| 2020 | -2.23% | -1.58% | 0.83x | 1.70x | NT$-208.95 Million |
| 2021 | 5.95% | 3.68% | 0.91x | 1.78x | NT$-70.35 Million |
| 2022 | 16.15% | 10.94% | 0.86x | 1.71x | NT$122.44 Million |
| 2023 | 8.19% | 6.42% | 0.78x | 1.63x | NT$-37.03 Million |
| 2024 | 28.61% | 16.50% | 0.91x | 1.90x | NT$687.99 Million |
Industry Comparison
This section compares EZconn Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $200,463,738,700
- Average return on equity (ROE) among peers: 11.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EZconn Corp (6442) | NT$4.10 Billion | 4.58% | 1.23x | $5.04 Billion |
| Syncmold Enterprise Corp (1582) | $5.72 Billion | 16.46% | 0.75x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $7.52 Billion | 6.47% | 0.78x | $1.78 Billion |
| Delta Electronics Inc (2308) | $225.37 Billion | 14.49% | 0.89x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.71 Billion | 20.43% | 1.15x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.17 Billion | 8.78% | 0.87x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $24.05 Billion | 0.00% | 0.98x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.17 Billion | 3.40% | 0.28x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $16.21 Billion | 15.36% | 0.57x | $641.19 Million |
| Solomon Technology Corp (2359) | $6.55 Billion | 23.24% | 0.67x | $642.50 Million |
About EZconn Corp
EZconn Corporation, together with its subsidiaries, manufactures and sells precision metal components and optical fiber components of various electronic products in Taiwan, Asia, the United States, and Europe. It operates through Radio Frequency Connector and Optical Fiber Component segments. The company offers RF solutions, including RF coaxial connectors, precision adaptors, jumpers, surge arre… Read more