Mega Union Technology Inc.
Mega Union Technology Inc. engages in the planning, design, and installation of water and wastewater recycling systems in Taiwan, Singapore, the United States, Mainland China, and internationally. It offers pure water engineering system, wastewater engineering system, water recycling engineering system, and chemical recycling manufacturing systems. The company also provides film cleaning and resi… Read more
Mega Union Technology Inc. (6944) - Net Assets
Latest net assets as of September 2025: NT$7.16 Billion TWD
Based on the latest financial reports, Mega Union Technology Inc. (6944) has net assets worth NT$7.16 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$13.63 Billion) and total liabilities (NT$6.47 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$7.16 Billion |
| % of Total Assets | 52.55% |
| Annual Growth Rate | 62.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 40.78 |
Mega Union Technology Inc. - Net Assets Trend (2021–2024)
This chart illustrates how Mega Union 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 Mega Union Technology Inc. (2021–2024)
The table below shows the annual net assets of Mega Union Technology Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.47 Billion | +31.96% |
| 2023-12-31 | NT$3.39 Billion | +44.45% |
| 2022-12-31 | NT$2.35 Billion | +124.04% |
| 2021-12-31 | NT$1.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mega Union 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 464.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.54 Billion | 56.89% |
| Other Components | NT$1.93 Billion | 43.11% |
| Total Equity | NT$4.47 Billion | 100.00% |
Mega Union Technology Inc. Competitors by Market Cap
The table below lists competitors of Mega Union Technology Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NGEx Minerals Ltd
OTCQX:NGXXF
|
$1.21 Billion |
|
BCO LATINOAMER.D.COM.EX.E
F:D8Q
|
$1.21 Billion |
|
People.Cn Co Ltd
SHG:603000
|
$1.21 Billion |
|
Fosun International Ltd
PINK:FOSUF
|
$1.21 Billion |
|
ProPetro Holding Corp
NYSE:PUMP
|
$1.20 Billion |
|
Prosegur Cash S.A
PINK:PGUCY
|
$1.20 Billion |
|
Jones Tech PLC Class A
SHE:300684
|
$1.20 Billion |
|
Gamma Communications plc
PINK:GAMCF
|
$1.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mega Union Technology Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,387,503,000 to 4,470,156,000, a change of 1,082,653,000 (32.0%).
- Net income of 1,512,088,000 contributed positively to equity growth.
- Dividend payments of 492,353,000 reduced retained earnings.
- New share issuances of 46,550,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.51 Billion | +33.83% |
| Dividends Paid | NT$492.35 Million | -11.01% |
| Share Issuances | NT$46.55 Million | +1.04% |
| Other Changes | NT$16.37 Million | +0.37% |
| Total Change | NT$- | 31.96% |
Book Value vs Market Value Analysis
This analysis compares Mega Union 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: 12.13x
- 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 50.23x to 12.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$15.63 | NT$785.00 | x |
| 2022-12-31 | NT$35.02 | NT$785.00 | x |
| 2023-12-31 | NT$50.04 | NT$785.00 | x |
| 2024-12-31 | NT$64.70 | NT$785.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mega Union 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): 33.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.68%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 2.18x
- Recent ROE (33.83%) is above the historical average (25.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 18.95% | 2.59% | 1.11x | 6.63x | NT$93.67 Million |
| 2022 | 16.86% | 3.94% | 1.19x | 3.59x | NT$160.85 Million |
| 2023 | 31.58% | 11.87% | 1.13x | 2.35x | NT$731.15 Million |
| 2024 | 33.83% | 14.68% | 1.06x | 2.18x | NT$1.07 Billion |
Industry Comparison
This section compares Mega Union Technology Inc.'s net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $932,777,286
- Average return on equity (ROE) among peers: 8.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mega Union Technology Inc. (6944) | NT$7.16 Billion | 18.95% | 0.90x | $1.21 Billion |
| China Ecotek Corp (1535) | $1.07 Billion | 6.11% | 2.19x | $61.88 Million |
| Bright Sheland International Co Ltd (4556) | $840.67 Million | 3.89% | 1.20x | $11.85 Million |
| Desiccant Technology Corporation (5292) | $926.89 Million | 26.11% | 1.46x | $120.51 Million |
| GSD Technologies Co. Ltd (6641) | $671.50 Million | 3.84% | 0.67x | $8.79 Million |
| JG Environmental Technology Co.,Ltd. (6723) | $366.55 Million | 6.53% | 1.05x | $12.16 Million |
| Fluxtek International Corp. (7443) | $261.28 Million | 7.47% | 1.23x | $2.54K |
| Super Dragon Technology Co Ltd (9955) | $2.40 Billion | 2.04% | 0.35x | $49.34 Million |