Ubiqconn Technology, Inc.
Ubiqconn Technology, Inc. engages in the manufacture and selling of industrial computers, in-vehicle products, electronic components, and peripheral equipment. The company also provides modular design, high-precision prototyping, engineering excellence, supply chain management, and intelligent factory operation services. Its products and services are used in satellite communication, maritime, gov… Read more
Ubiqconn Technology, Inc. (6928) - Net Assets
Latest net assets as of September 2025: NT$2.08 Billion TWD
Based on the latest financial reports, Ubiqconn Technology, Inc. (6928) has net assets worth NT$2.08 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$2.75 Billion) and total liabilities (NT$663.61 Million). 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$2.08 Billion |
| % of Total Assets | 75.83% |
| Annual Growth Rate | 51.15% |
| 5-Year Change | 1148.99% |
| 10-Year Change | N/A |
| Growth Volatility | 105.76 |
Ubiqconn Technology, Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Ubiqconn Technology, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ubiqconn Technology, Inc. (2019–2024)
The table below shows the annual net assets of Ubiqconn Technology, Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.12 Billion | +54.11% |
| 2023-12-31 | NT$1.38 Billion | +20.19% |
| 2022-12-31 | NT$1.15 Billion | +79.80% |
| 2021-12-31 | NT$637.64 Million | +275.06% |
| 2020-12-31 | NT$170.01 Million | -36.78% |
| 2019-12-31 | NT$268.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ubiqconn Technology, Inc.'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 40698200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$119.89 Million | 5.65% |
| Common Stock | NT$860.00 Million | 40.50% |
| Other Comprehensive Income | NT$2.42 Million | 0.11% |
| Other Components | NT$1.14 Billion | 53.74% |
| Total Equity | NT$2.12 Billion | 100.00% |
Ubiqconn Technology, Inc. Competitors by Market Cap
The table below lists competitors of Ubiqconn Technology, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rockwell Medical Inc
NASDAQ:RMTI
|
$37.35 Million |
|
Cytosorbents Crp
NASDAQ:CTSO
|
$37.35 Million |
|
Hwa Fong Rubber (Thailand) Public Company Limited
BK:HFT
|
$37.35 Million |
|
NVH Korea Inc
KQ:067570
|
$37.36 Million |
|
Kayseri Seker Fabrikasi AS
IS:KAYSE
|
$37.35 Million |
|
Turmalina Metals Corp
OTCQB:TBXXF
|
$37.32 Million |
|
RF Acquisition Corp II Ordinary Shares
NASDAQ:RFAI
|
$37.31 Million |
|
Orient Precision Industries Inc
KQ:065500
|
$37.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ubiqconn Technology, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,377,898,000 to 2,123,432,000, a change of 745,534,000 (54.1%).
- Net loss of 67,157,000 reduced equity.
- Dividend payments of 86,000,000 reduced retained earnings.
- New share issuances of 871,463,000 increased equity.
- Other comprehensive income increased equity by 741,999.
- Other factors increased equity by 26,486,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-67.16 Million | -3.16% |
| Dividends Paid | NT$86.00 Million | -4.05% |
| Share Issuances | NT$871.46 Million | +41.04% |
| Other Comprehensive Income | NT$742.00K | +0.03% |
| Other Changes | NT$26.49 Million | +1.25% |
| Total Change | NT$- | 54.11% |
Book Value vs Market Value Analysis
This analysis compares Ubiqconn Technology, Inc.'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: 2.01x
- 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 7.80x to 2.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$6.31 | NT$49.20 | x |
| 2020-12-31 | NT$4.14 | NT$49.20 | x |
| 2021-12-31 | NT$8.50 | NT$49.20 | x |
| 2022-12-31 | NT$17.31 | NT$49.20 | x |
| 2023-12-31 | NT$18.38 | NT$49.20 | x |
| 2024-12-31 | NT$24.46 | NT$49.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ubiqconn Technology, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.32%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.29x
- Recent ROE (-3.16%) is below the historical average (-0.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 2.17% | 0.35% | 1.56x | 3.94x | NT$-21.04 Million |
| 2020 | -57.94% | -6.09% | 1.05x | 9.10x | NT$-115.50 Million |
| 2021 | 19.63% | 3.90% | 1.58x | 3.18x | NT$61.43 Million |
| 2022 | 18.07% | 6.25% | 1.55x | 1.87x | NT$92.55 Million |
| 2023 | 18.71% | 6.93% | 1.71x | 1.58x | NT$120.08 Million |
| 2024 | -3.16% | -3.32% | 0.74x | 1.29x | NT$-279.50 Million |
Industry Comparison
This section compares Ubiqconn Technology, Inc.'s net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ubiqconn Technology, Inc. (6928) | NT$2.08 Billion | 2.17% | 0.32x | $37.35 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |