AV Tech Corp
AV TECH Corporation manufactures and sells surveillance products in Taiwan. The company offers network recorders, IP cameras and recorder, HD CCTV recorders and cameras, and peripherals, as well as PoE switches products. It also provides central management system software for PCs; EagleEyes software; IP scan tool; and VWS Remote Desktop that allows simultaneous log in to recorders for remote moni… Read more
AV Tech Corp (8072) - Net Assets
Latest net assets as of September 2025: NT$2.33 Billion TWD
Based on the latest financial reports, AV Tech Corp (8072) has net assets worth NT$2.33 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$2.57 Billion) and total liabilities (NT$241.48 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$2.33 Billion |
| % of Total Assets | 90.61% |
| Annual Growth Rate | 3.85% |
| 5-Year Change | 5.58% |
| 10-Year Change | -14.76% |
| Growth Volatility | 17.4 |
AV Tech Corp - Net Assets Trend (2002–2024)
This chart illustrates how AV Tech 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 AV Tech Corp (2002–2024)
The table below shows the annual net assets of AV Tech Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.37 Billion | +2.52% |
| 2023-12-31 | NT$2.31 Billion | -2.24% |
| 2022-12-31 | NT$2.37 Billion | +3.62% |
| 2021-12-31 | NT$2.28 Billion | +1.66% |
| 2020-12-31 | NT$2.25 Billion | -0.92% |
| 2019-12-31 | NT$2.27 Billion | -5.55% |
| 2018-12-31 | NT$2.40 Billion | -2.30% |
| 2017-12-31 | NT$2.46 Billion | -9.81% |
| 2016-12-31 | NT$2.72 Billion | -2.09% |
| 2015-12-31 | NT$2.78 Billion | +0.23% |
| 2014-12-31 | NT$2.77 Billion | -38.04% |
| 2013-12-31 | NT$4.48 Billion | -3.70% |
| 2012-12-31 | NT$4.65 Billion | +0.84% |
| 2011-12-31 | NT$4.61 Billion | +4.66% |
| 2010-12-31 | NT$4.41 Billion | +3.10% |
| 2009-12-31 | NT$4.27 Billion | +2.29% |
| 2008-12-31 | NT$4.18 Billion | +11.58% |
| 2007-12-31 | NT$3.74 Billion | +13.61% |
| 2006-12-31 | NT$3.30 Billion | +21.02% |
| 2005-12-31 | NT$2.72 Billion | +33.76% |
| 2004-12-31 | NT$2.04 Billion | +27.87% |
| 2003-12-31 | NT$1.59 Billion | +54.17% |
| 2002-12-31 | NT$1.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AV Tech 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 decreased by 40.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$389.29 Million | 17.04% |
| Other Components | NT$1.90 Billion | 82.96% |
| Total Equity | NT$2.29 Billion | 100.00% |
AV Tech Corp Competitors by Market Cap
The table below lists competitors of AV Tech Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flint Telecom Group
PINK:EAXR
|
$20.68 Million |
|
Mogo Inc
NASDAQ:MOGO
|
$20.68 Million |
|
Foremost Lithium Resource & Technology Ltd. Common stock
NASDAQ:FMST
|
$20.69 Million |
|
Gigante Salmon AS
OL:GIGA
|
$20.70 Million |
|
Dynacolor
TWO:5489
|
$20.67 Million |
|
LB Aluminium Bhd
KLSE:9326
|
$20.66 Million |
|
Theta Gold Mines Limited
PINK:TGMGF
|
$20.65 Million |
|
NextTrip Inc
NASDAQ:NTRP
|
$20.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AV Tech Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,243,130,000 to 2,285,135,000, a change of 42,005,000 (1.9%).
- Net income of 100,178,000 contributed positively to equity growth.
- Dividend payments of 60,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$100.18 Million | +4.38% |
| Dividends Paid | NT$60.00 Million | -2.63% |
| Other Changes | NT$1.83 Million | +0.08% |
| Total Change | NT$- | 1.87% |
Book Value vs Market Value Analysis
This analysis compares AV Tech 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: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.84x to 0.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$33.21 | NT$27.85 | x |
| 2007-12-31 | NT$37.48 | NT$27.85 | x |
| 2008-12-31 | NT$41.78 | NT$27.85 | x |
| 2009-12-31 | NT$42.55 | NT$27.85 | x |
| 2010-12-31 | NT$43.79 | NT$27.85 | x |
| 2011-12-31 | NT$45.47 | NT$27.85 | x |
| 2012-12-31 | NT$45.88 | NT$27.85 | x |
| 2013-12-31 | NT$44.13 | NT$27.85 | x |
| 2014-12-31 | NT$26.99 | NT$27.85 | x |
| 2015-12-31 | NT$26.62 | NT$27.85 | x |
| 2016-12-31 | NT$26.52 | NT$27.85 | x |
| 2017-12-31 | NT$30.05 | NT$27.85 | x |
| 2018-12-31 | NT$29.30 | NT$27.85 | x |
| 2019-12-31 | NT$27.65 | NT$27.85 | x |
| 2020-12-31 | NT$27.27 | NT$27.85 | x |
| 2021-12-31 | NT$27.37 | NT$27.85 | x |
| 2022-12-31 | NT$28.16 | NT$27.85 | x |
| 2023-12-31 | NT$27.96 | NT$27.85 | x |
| 2024-12-31 | NT$28.56 | NT$27.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AV Tech 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): 4.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.67%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.15x
- Recent ROE (4.38%) is below the historical average (14.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 33.16% | 18.94% | 1.37x | 1.28x | NT$239.23 Million |
| 2003 | 37.82% | 24.88% | 1.29x | 1.18x | NT$442.95 Million |
| 2004 | 35.36% | 24.31% | 1.32x | 1.10x | NT$516.30 Million |
| 2005 | 35.87% | 26.74% | 1.11x | 1.20x | NT$704.45 Million |
| 2006 | 30.53% | 25.07% | 1.05x | 1.16x | NT$676.56 Million |
| 2007 | 32.86% | 28.62% | 1.00x | 1.15x | NT$856.11 Million |
| 2008 | 24.69% | 23.68% | 0.94x | 1.11x | NT$613.91 Million |
| 2009 | 16.29% | 18.89% | 0.75x | 1.14x | NT$268.78 Million |
| 2010 | 16.63% | 18.66% | 0.77x | 1.15x | NT$291.97 Million |
| 2011 | 19.33% | 23.04% | 0.73x | 1.14x | NT$428.46 Million |
| 2012 | 15.88% | 22.43% | 0.62x | 1.13x | NT$272.24 Million |
| 2013 | 11.50% | 19.42% | 0.53x | 1.12x | NT$66.76 Million |
| 2014 | 10.40% | 14.86% | 0.60x | 1.17x | NT$11.00 Million |
| 2015 | 5.06% | 8.60% | 0.53x | 1.12x | NT$-134.97 Million |
| 2016 | 1.16% | 2.13% | 0.49x | 1.11x | NT$-236.19 Million |
| 2017 | -0.93% | -2.16% | 0.40x | 1.09x | NT$-262.86 Million |
| 2018 | -0.84% | -2.27% | 0.34x | 1.08x | NT$-254.07 Million |
| 2019 | -3.97% | -10.93% | 0.33x | 1.10x | NT$-309.07 Million |
| 2020 | -0.16% | -0.28% | 0.49x | 1.15x | NT$-221.55 Million |
| 2021 | 1.98% | 3.19% | 0.52x | 1.18x | NT$-175.88 Million |
| 2022 | 4.18% | 7.68% | 0.49x | 1.12x | NT$-131.48 Million |
| 2023 | 2.61% | 5.05% | 0.47x | 1.11x | NT$-165.71 Million |
| 2024 | 4.38% | 10.67% | 0.36x | 1.15x | NT$-128.34 Million |
Industry Comparison
This section compares AV Tech Corp's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,516,139,100
- Average return on equity (ROE) among peers: 5.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AV Tech Corp (8072) | NT$2.33 Billion | 33.16% | 0.10x | $20.68 Million |
| China Wire & Cable Co Ltd (1603) | $5.29 Billion | 8.42% | 0.61x | $77.47 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.09 Billion | -0.33% | 0.05x | $111.08 Million |
| Senao International Co Ltd (2450) | $6.43 Billion | 10.98% | 0.53x | $64.69 Million |
| Wah Lee Industrial Corp (3010) | $8.62 Billion | 11.39% | 1.34x | $645.33 Million |
| Weikeng Industrial Co Ltd (3033) | $2.53 Billion | 15.31% | 2.01x | $384.05 Million |
| Edom Technology Co Ltd (3048) | $3.72 Billion | 18.74% | 5.27x | $169.71 Million |
| MetaTech AP (3224) | $2.61 Billion | -2.64% | 0.25x | $59.52 Million |
| Sentronic International (3232) | $363.49 Million | 5.76% | 1.39x | $22.56 Million |
| Kworld Computer Co Ltd (3287) | $411.82 Million | 2.32% | 0.36x | $17.39 Million |
| G.M.I Technology Inc (3312) | $1.11 Billion | -19.88% | 1.94x | $115.66 Million |