ELTA Technology Co.,Ltd.
ELTA Technology Co.,Ltd. provides digital multimedia transmission and video streaming service platforms for internet protocol television in Taiwan. It offers digital video content, digital video channel operation, and media advertising hosting services. The company was founded in 1990 and is based in Taipei, Taiwan.
ELTA Technology Co.,Ltd. (8487) - Net Assets
Latest net assets as of September 2025: NT$643.32 Million TWD
Based on the latest financial reports, ELTA Technology Co.,Ltd. (8487) has net assets worth NT$643.32 Million 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$988.35 Million) and total liabilities (NT$345.03 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$643.32 Million |
| % of Total Assets | 65.09% |
| Annual Growth Rate | 11.74% |
| 5-Year Change | 191.75% |
| 10-Year Change | 181.8% |
| Growth Volatility | 22.87 |
ELTA Technology Co.,Ltd. - Net Assets Trend (2013–2024)
This chart illustrates how ELTA Technology 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 ELTA Technology Co.,Ltd. (2013–2024)
The table below shows the annual net assets of ELTA Technology Co.,Ltd. from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$701.28 Million | +30.98% |
| 2023-12-31 | NT$535.42 Million | +67.88% |
| 2022-12-31 | NT$318.92 Million | +13.60% |
| 2021-12-31 | NT$280.73 Million | +16.79% |
| 2020-12-31 | NT$240.37 Million | -8.75% |
| 2019-12-31 | NT$263.43 Million | +0.07% |
| 2018-12-31 | NT$263.24 Million | +32.38% |
| 2017-12-31 | NT$198.86 Million | +0.92% |
| 2016-12-31 | NT$197.04 Million | -20.82% |
| 2015-12-31 | NT$248.86 Million | +16.45% |
| 2014-12-31 | NT$213.71 Million | +3.32% |
| 2013-12-31 | NT$206.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ELTA Technology 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 653.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$189.14 Million | 26.97% |
| Common Stock | NT$265.35 Million | 37.84% |
| Other Components | NT$246.80 Million | 35.19% |
| Total Equity | NT$701.28 Million | 100.00% |
ELTA Technology Co.,Ltd. Competitors by Market Cap
The table below lists competitors of ELTA Technology Co.,Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spectral AI Inc.
NASDAQ:MDAI
|
$29.27 Million |
|
Maan Aluminium Limited
NSE:MAANALU
|
$29.27 Million |
|
Micro-X Limited
PINK:MCRXF
|
$29.28 Million |
|
ELES SEMICO.EQUIPM. S.P.A
F:1EP
|
$29.28 Million |
|
Hsinjing Holding Co Ltd
TWO:3713
|
$29.24 Million |
|
Howteh Technology Co Ltd
TWO:3114
|
$29.24 Million |
|
SG Capital PCL
BK:SGC
|
$29.23 Million |
|
Lucky Royal Co., Ltd.
TW:7791
|
$29.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ELTA Technology Co.,Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 535,416,000 to 701,285,000, a change of 165,869,000 (31.0%).
- Net income of 179,399,000 contributed positively to equity growth.
- Dividend payments of 119,407,000 reduced retained earnings.
- New share issuances of 105,028,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$179.40 Million | +25.58% |
| Dividends Paid | NT$119.41 Million | -17.03% |
| Share Issuances | NT$105.03 Million | +14.98% |
| Other Changes | NT$849.00K | +0.12% |
| Total Change | NT$- | 30.98% |
Book Value vs Market Value Analysis
This analysis compares ELTA Technology 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: 3.05x
- 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 6.63x to 3.05x 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$12.06 | NT$79.90 | x |
| 2014-12-31 | NT$11.10 | NT$79.90 | x |
| 2015-12-31 | NT$12.48 | NT$79.90 | x |
| 2016-12-31 | NT$9.85 | NT$79.90 | x |
| 2017-12-31 | NT$9.99 | NT$79.90 | x |
| 2018-12-31 | NT$11.82 | NT$79.90 | x |
| 2019-12-31 | NT$11.68 | NT$79.90 | x |
| 2020-12-31 | NT$10.78 | NT$79.90 | x |
| 2021-12-31 | NT$12.49 | NT$79.90 | x |
| 2022-12-31 | NT$14.53 | NT$79.90 | x |
| 2023-12-31 | NT$23.20 | NT$79.90 | x |
| 2024-12-31 | NT$26.19 | NT$79.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ELTA Technology 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): 25.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.05%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 1.47x
- Recent ROE (25.58%) is above the historical average (11.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.67% | 6.15% | 1.52x | 1.46x | NT$7.59 Million |
| 2014 | 14.95% | 5.86% | 1.98x | 1.29x | NT$10.59 Million |
| 2015 | 17.99% | 8.19% | 1.52x | 1.45x | NT$19.88 Million |
| 2016 | -7.15% | -1.77% | 2.13x | 1.90x | NT$-33.79 Million |
| 2017 | 1.29% | 0.51% | 1.24x | 2.05x | NT$-17.32 Million |
| 2018 | 6.21% | 1.89% | 2.10x | 1.56x | NT$-9.97 Million |
| 2019 | 4.37% | 1.92% | 0.85x | 2.68x | NT$-14.83 Million |
| 2020 | -3.10% | -1.87% | 0.52x | 3.18x | NT$-31.49 Million |
| 2021 | 15.47% | 4.65% | 1.10x | 3.03x | NT$15.36 Million |
| 2022 | 19.17% | 6.23% | 1.44x | 2.13x | NT$29.25 Million |
| 2023 | 25.43% | 14.06% | 1.16x | 1.55x | NT$82.62 Million |
| 2024 | 25.58% | 12.05% | 1.44x | 1.47x | NT$109.27 Million |
Industry Comparison
This section compares ELTA Technology Co.,Ltd.'s net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,482,533,200
- Average return on equity (ROE) among peers: 3.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ELTA Technology Co.,Ltd. (8487) | NT$643.32 Million | 13.67% | 0.54x | $29.24 Million |
| Deltamac Taiwan Co Ltd (6144) | $358.11 Million | -8.39% | 0.20x | $2.13 Million |
| Dafeng TV Ltd (6184) | $1.34 Billion | 19.54% | 0.15x | $70.87 Million |
| Taiwan Optical Platform Co Ltd (6464) | $8.29 Billion | 8.91% | 1.25x | $84.55 Million |
| Julien's International Entertainment Group (6595) | $149.78 Million | -40.69% | 0.68x | $30.80 Million |
| Kuang Hong Arts Management (6596) | $708.10 Million | 31.58% | 0.49x | $120.62 Million |
| Bossdom Digiinnovation Co., Ltd. (6622) | $513.37 Million | -1.14% | 0.72x | $5.35 Million |
| B’IN Live Co Ltd (6625) | $421.15 Million | 9.91% | 0.76x | $82.82 Million |
| HIM International Music (8446) | $1.12 Billion | 25.11% | 1.14x | $83.18 Million |
| Pili International Multimedia Co Ltd (8450) | $1.76 Billion | 9.22% | 0.29x | $14.61 Million |
| 1 Production Film Co. (8458) | $167.32 Million | -21.15% | 0.37x | $4.67K |