Microprogram Information Co.,Ltd
Microprogram Information Co.,Ltd provides industrial IoT solutions. It offers E-bike products, including IoT devices, e-bike computer products, smart locks, device and store management systems, and cycling data platform, as well as e-bike app; E-payment card reader, NFC reader, and reader of electronic ticket modules, as well as Linux ARM system on modules and development kits; and controllers, s… Read more
Microprogram Information Co.,Ltd (7721) - Net Assets
Latest net assets as of September 2025: NT$1.28 Billion TWD
Based on the latest financial reports, Microprogram Information Co.,Ltd (7721) has net assets worth NT$1.28 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$1.56 Billion) and total liabilities (NT$281.53 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$1.28 Billion |
| % of Total Assets | 82.0% |
| Annual Growth Rate | 46.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.28 |
Microprogram Information Co.,Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Microprogram Information 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 Microprogram Information Co.,Ltd (2021–2024)
The table below shows the annual net assets of Microprogram Information Co.,Ltd from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.02 Billion | +68.37% |
| 2023-12-31 | NT$607.66 Million | +80.53% |
| 2022-12-31 | NT$336.60 Million | +2.50% |
| 2021-12-31 | NT$328.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Microprogram Information 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 27519100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$187.06 Million | 18.28% |
| Other Components | NT$836.09 Million | 81.72% |
| Total Equity | NT$1.02 Billion | 100.00% |
Microprogram Information Co.,Ltd Competitors by Market Cap
The table below lists competitors of Microprogram Information Co.,Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bathurst Resources Limited
PINK:BTURF
|
$64.95 Million |
|
KWG Group Holdings Limited
PINK:KWGPF
|
$64.96 Million |
|
NELCO Limited
NSE:NELCO
|
$65.02 Million |
|
Roo Hsing Co Ltd
TW:4414
|
$65.02 Million |
|
Neo Battery Materials Ltd
OTCQB:NBMFF
|
$64.94 Million |
|
Divgi Torqtransfer Systems Limited
NSE:DIVGIITTS
|
$64.92 Million |
|
TC Bancshares Inc
NASDAQ:TCBC
|
$64.92 Million |
|
ESTsoft Corp
KQ:047560
|
$64.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microprogram Information Co.,Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 607,662,000 to 1,023,141,000, a change of 415,479,000 (68.4%).
- Net income of 151,582,000 contributed positively to equity growth.
- Dividend payments of 45,058,000 reduced retained earnings.
- New share issuances of 323,000,000 increased equity.
- Other factors decreased equity by 14,045,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$151.58 Million | +14.82% |
| Dividends Paid | NT$45.06 Million | -4.4% |
| Share Issuances | NT$323.00 Million | +31.57% |
| Other Changes | NT$-14.04 Million | -1.37% |
| Total Change | NT$- | 68.37% |
Book Value vs Market Value Analysis
This analysis compares Microprogram Information 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: 2.49x
- 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 6.98x to 2.49x 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$7.29 | NT$50.90 | x |
| 2022-12-31 | NT$7.47 | NT$50.90 | x |
| 2023-12-31 | NT$13.49 | NT$50.90 | x |
| 2024-12-31 | NT$20.44 | NT$50.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microprogram Information Co.,Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.08%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.27x
- Recent ROE (14.82%) is above the historical average (5.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -9.23% | -6.98% | 0.83x | 1.60x | NT$-63.16 Million |
| 2022 | 1.58% | 1.15% | 0.92x | 1.49x | NT$-28.36 Million |
| 2023 | 15.15% | 13.59% | 0.84x | 1.33x | NT$31.31 Million |
| 2024 | 14.82% | 19.08% | 0.61x | 1.27x | NT$49.27 Million |
Industry Comparison
This section compares Microprogram Information Co.,Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $1,759,198,900
- Average return on equity (ROE) among peers: 8.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microprogram Information Co.,Ltd (7721) | NT$1.28 Billion | -9.23% | 0.22x | $64.95 Million |
| BaaS Innovation Co., Ltd. (3555) | $560.32 Million | 7.90% | 0.16x | $59.75 Million |
| Hyweb Technology Co Ltd (5212) | $408.46 Million | 7.99% | 0.70x | $33.00 Million |
| EASYCARD Corporation (6035) | $981.05 Million | 6.15% | 12.22x | $19.91 Million |
| Egis Technology (6462) | $2.26 Billion | 26.20% | 0.60x | $245.37 Million |
| ThroughTek Co., Ltd. (6565) | $129.44 Million | -25.10% | 0.66x | $8.73 Million |
| eCloudvalley Digital Technology Co. Ltd. (6689) | $3.21 Billion | 4.79% | 0.97x | $96.30 Million |
| Acer Cyber Security Inc. (6690) | $3.14 Billion | 9.77% | 0.54x | $69.96 Million |
| 91App Inc (6741) | $3.25 Billion | 15.30% | 0.54x | $121.17 Million |
| Galaxy Software Services Corporation (6752) | $820.46 Million | 16.20% | 1.28x | $86.18 Million |
| Green World Fintech Service Co. Ltd. (6763) | $2.82 Billion | 14.06% | 1.38x | $114.92 Million |