Andes Technology Corp
Andes Technology Corporation provides embedded system application solutions. The company offers AndeStar Architecture, a patented 32-bit/64-bit RISC-style CPU architecture; AndesCore, a series of 32-bit/64-bit CPUs for use in embedded applications; AndesAIRE, a solutions designed for edge and end-point inference; AndeShape platform, a system development platform for various processors; AndeSight … Read more
Andes Technology Corp (6533) - Net Assets
Latest net assets as of September 2025: NT$4.56 Billion TWD
Based on the latest financial reports, Andes Technology Corp (6533) has net assets worth NT$4.56 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$6.33 Billion) and total liabilities (NT$1.78 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$4.56 Billion |
| % of Total Assets | 71.93% |
| Annual Growth Rate | 39.42% |
| 5-Year Change | 303.28% |
| 10-Year Change | 478.78% |
| Growth Volatility | 171.23 |
Andes Technology Corp - Net Assets Trend (2013–2024)
This chart illustrates how Andes 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 Andes Technology Corp (2013–2024)
The table below shows the annual net assets of Andes Technology Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.82 Billion | +0.20% |
| 2023-12-31 | NT$4.81 Billion | -3.57% |
| 2022-12-31 | NT$4.99 Billion | +4.57% |
| 2021-12-31 | NT$4.77 Billion | +299.14% |
| 2020-12-31 | NT$1.20 Billion | +1.80% |
| 2019-12-31 | NT$1.17 Billion | -1.24% |
| 2018-12-31 | NT$1.19 Billion | +3.00% |
| 2017-12-31 | NT$1.15 Billion | +43.85% |
| 2016-12-31 | NT$802.45 Million | -3.66% |
| 2015-12-31 | NT$832.92 Million | +2.60% |
| 2014-12-31 | NT$811.80 Million | +551.75% |
| 2013-12-31 | NT$124.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Andes 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 49739100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$146.76 Million | 3.04% |
| Common Stock | NT$506.51 Million | 10.51% |
| Other Comprehensive Income | NT$73.20 Million | 1.52% |
| Other Components | NT$4.09 Billion | 84.93% |
| Total Equity | NT$4.82 Billion | 100.00% |
Andes Technology Corp Competitors by Market Cap
The table below lists competitors of Andes Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forcecon Technology Co Ltd
TWO:3483
|
$230.11 Million |
|
Jiangsu Newamstar Packaging Machinery Co Ltd
SHE:300509
|
$230.20 Million |
|
Zhejiang Zoenn Design Co Ltd
SHE:300901
|
$230.20 Million |
|
Lumibird S.A.
LSE:0FRI
|
$230.24 Million |
|
Chongqing VDL Electronics Co. Ltd. A
SHE:301121
|
$229.70 Million |
|
Hubei Guangji Pharmaceutical Co Ltd
SHE:000952
|
$229.65 Million |
|
BYBON Group Co Ltd Class A
SHE:300736
|
$229.54 Million |
|
BCPG Public Company Limited
BK:BCPG
|
$229.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Andes Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,810,926,000 to 4,820,757,000, a change of 9,831,000 (0.2%).
- Net income of 1,893,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 7,938,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.89 Million | +0.04% |
| Other Comprehensive Income | NT$7.94 Million | +0.16% |
| Total Change | NT$- | 0.20% |
Book Value vs Market Value Analysis
This analysis compares Andes 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: 1.95x
- 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 38.10x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$4.88 | NT$186.00 | x |
| 2014-12-31 | NT$27.57 | NT$186.00 | x |
| 2015-12-31 | NT$21.61 | NT$186.00 | x |
| 2016-12-31 | NT$20.60 | NT$186.00 | x |
| 2017-12-31 | NT$27.50 | NT$186.00 | x |
| 2018-12-31 | NT$27.87 | NT$186.00 | x |
| 2019-12-31 | NT$27.53 | NT$186.00 | x |
| 2020-12-31 | NT$28.02 | NT$186.00 | x |
| 2021-12-31 | NT$105.82 | NT$186.00 | x |
| 2022-12-31 | NT$98.11 | NT$186.00 | x |
| 2023-12-31 | NT$94.98 | NT$186.00 | x |
| 2024-12-31 | NT$95.18 | NT$186.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Andes Technology Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.14%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.10x
- Recent ROE (0.04%) is above the historical average (-5.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -77.59% | -75.97% | 0.69x | 1.48x | NT$-109.10 Million |
| 2014 | 0.05% | 0.23% | 0.23x | 1.04x | NT$-80.73 Million |
| 2015 | 0.47% | 1.77% | 0.25x | 1.03x | NT$-79.41 Million |
| 2016 | -3.97% | -15.27% | 0.25x | 1.04x | NT$-112.11 Million |
| 2017 | 1.87% | 7.44% | 0.24x | 1.03x | NT$-93.90 Million |
| 2018 | 3.50% | 13.64% | 0.25x | 1.04x | NT$-77.33 Million |
| 2019 | 1.36% | 3.24% | 0.36x | 1.18x | NT$-101.40 Million |
| 2020 | 2.94% | 6.05% | 0.41x | 1.17x | NT$-84.40 Million |
| 2021 | 3.39% | 19.72% | 0.16x | 1.05x | NT$-315.47 Million |
| 2022 | 7.13% | 38.20% | 0.17x | 1.09x | NT$-142.98 Million |
| 2023 | -2.11% | -9.62% | 0.20x | 1.11x | NT$-582.81 Million |
| 2024 | 0.04% | 0.14% | 0.26x | 1.10x | NT$-480.18 Million |
Industry Comparison
This section compares Andes Technology Corp's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $3,963,876,800
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Andes Technology Corp (6533) | NT$4.56 Billion | -77.59% | 0.39x | $230.03 Million |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.31 Billion | -10.40% | 0.55x | $285.76 Million |
| Greatek Electronics Inc (2441) | $9.68 Billion | 16.62% | 0.10x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |