APAQ Technology Co Ltd
Apaq Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of electronic components in China, Taiwan, and internationally. It offers conductive polymer aluminum electrolytic and solid capacitors; conductive polymer hybrid aluminum electrolytic capacitors; and coiled and chip-type conductive polymer solid state capacitors. Apaq Technology… Read more
APAQ Technology Co Ltd (6449) - Net Assets
Latest net assets as of September 2025: NT$4.47 Billion TWD
Based on the latest financial reports, APAQ Technology Co Ltd (6449) has net assets worth NT$4.47 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$7.96 Billion) and total liabilities (NT$3.49 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$4.47 Billion |
| % of Total Assets | 56.12% |
| Annual Growth Rate | 14.62% |
| 5-Year Change | 85.32% |
| 10-Year Change | 211.88% |
| Growth Volatility | 14.28 |
APAQ Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how APAQ 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 APAQ Technology Co Ltd (2011–2024)
The table below shows the annual net assets of APAQ Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.04 Billion | +38.58% |
| 2023-12-31 | NT$2.91 Billion | +7.12% |
| 2022-12-31 | NT$2.72 Billion | +6.61% |
| 2021-12-31 | NT$2.55 Billion | +17.10% |
| 2020-12-31 | NT$2.18 Billion | +10.91% |
| 2019-12-31 | NT$1.96 Billion | +0.93% |
| 2018-12-31 | NT$1.95 Billion | +31.47% |
| 2017-12-31 | NT$1.48 Billion | +12.34% |
| 2016-12-31 | NT$1.32 Billion | +1.80% |
| 2015-12-31 | NT$1.29 Billion | +0.35% |
| 2014-12-31 | NT$1.29 Billion | +47.31% |
| 2013-12-31 | NT$876.03 Million | +16.87% |
| 2012-12-31 | NT$749.59 Million | +9.40% |
| 2011-12-31 | NT$685.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to APAQ 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 2160.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.70 Billion | 43.47% |
| Common Stock | NT$889.53 Million | 22.69% |
| Other Comprehensive Income | NT$598.66 Million | 15.27% |
| Other Components | NT$728.15 Million | 18.57% |
| Total Equity | NT$3.92 Billion | 100.00% |
APAQ Technology Co Ltd Competitors by Market Cap
The table below lists competitors of APAQ Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citi Trends Inc
NASDAQ:CTRN
|
$232.07 Million |
|
Mo-Bruk SA
WAR:MBR
|
$232.09 Million |
|
DI Dong Il Corp
KO:001530
|
$232.14 Million |
|
Turvo International Co Ltd
TW:2233
|
$232.17 Million |
|
Duzhe Publishing & Media Corp
SHG:603999
|
$231.98 Million |
|
PAN Group JSC
VN:PAN
|
$231.96 Million |
|
Taimide Tech Inc
TW:3645
|
$231.88 Million |
|
Worldex Industry & Trading Co. Ltd
KQ:101160
|
$231.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APAQ Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,914,375,000 to 3,920,474,000, a change of 1,006,099,000 (34.5%).
- Net income of 534,394,000 contributed positively to equity growth.
- Dividend payments of 202,293,000 reduced retained earnings.
- Other comprehensive income increased equity by 673,964,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$534.39 Million | +13.63% |
| Dividends Paid | NT$202.29 Million | -5.16% |
| Other Comprehensive Income | NT$673.96 Million | +17.19% |
| Other Changes | NT$34.00K | +0.0% |
| Total Change | NT$- | 34.52% |
Book Value vs Market Value Analysis
This analysis compares APAQ 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: 3.81x
- 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 15.54x to 3.81x 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$10.87 | NT$169.00 | x |
| 2012-12-31 | NT$11.63 | NT$169.00 | x |
| 2013-12-31 | NT$13.49 | NT$169.00 | x |
| 2014-12-31 | NT$18.95 | NT$169.00 | x |
| 2015-12-31 | NT$17.40 | NT$169.00 | x |
| 2016-12-31 | NT$18.19 | NT$169.00 | x |
| 2017-12-31 | NT$19.15 | NT$169.00 | x |
| 2018-12-31 | NT$22.94 | NT$169.00 | x |
| 2019-12-31 | NT$22.12 | NT$169.00 | x |
| 2020-12-31 | NT$24.31 | NT$169.00 | x |
| 2021-12-31 | NT$28.49 | NT$169.00 | x |
| 2022-12-31 | NT$30.36 | NT$169.00 | x |
| 2023-12-31 | NT$32.90 | NT$169.00 | x |
| 2024-12-31 | NT$44.35 | NT$169.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APAQ Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.29%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.75x
- Recent ROE (13.63%) is above the historical average (12.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.41% | 6.33% | 0.70x | 2.11x | NT$-4.02 Million |
| 2012 | 10.15% | 5.84% | 0.76x | 2.30x | NT$1.15 Million |
| 2013 | 13.44% | 8.89% | 0.73x | 2.06x | NT$30.10 Million |
| 2014 | 15.73% | 13.56% | 0.65x | 1.78x | NT$73.99 Million |
| 2015 | 16.06% | 14.32% | 0.61x | 1.85x | NT$78.41 Million |
| 2016 | 15.54% | 12.39% | 0.65x | 1.94x | NT$72.99 Million |
| 2017 | 12.77% | 9.74% | 0.66x | 1.97x | NT$41.01 Million |
| 2018 | 9.37% | 8.93% | 0.55x | 1.92x | NT$-12.35 Million |
| 2019 | 7.08% | 6.94% | 0.55x | 1.86x | NT$-57.43 Million |
| 2020 | 12.00% | 10.97% | 0.59x | 1.85x | NT$43.68 Million |
| 2021 | 12.01% | 10.85% | 0.61x | 1.80x | NT$51.17 Million |
| 2022 | 12.44% | 13.60% | 0.51x | 1.81x | NT$66.36 Million |
| 2023 | 11.27% | 11.19% | 0.60x | 1.69x | NT$36.94 Million |
| 2024 | 13.63% | 15.29% | 0.51x | 1.75x | NT$142.35 Million |
Industry Comparison
This section compares APAQ Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APAQ Technology Co Ltd (6449) | NT$4.47 Billion | 9.41% | 0.78x | $232.04 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |