Aeon Motor Co Ltd (1599) - Net Assets
Based on the latest financial reports, Aeon Motor Co Ltd (1599) has net assets worth NT$1.96 Billion TWD (≈ $61.88 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.80 Billion ≈ $88.29 Million USD) and total liabilities (NT$838.30 Million ≈ $26.41 Million USD). 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. Check Aeon Motor Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.96 Billion |
| % of Total Assets | 70.08% |
| Annual Growth Rate | 4.86% |
| 5-Year Change | 11.81% |
| 10-Year Change | N/A |
| Growth Volatility | 4.74 |
Aeon Motor Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Aeon Motor Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Aeon Motor Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Aeon Motor Co Ltd (2016–2024)
The table below shows the annual net assets of Aeon Motor Co Ltd from 2016 to 2024. For live valuation and market cap data, see market value of Aeon Motor Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.02 Billion ≈ $63.71 Million |
+5.91% |
| 2023-12-31 | NT$1.91 Billion ≈ $60.15 Million |
-5.36% |
| 2022-12-31 | NT$2.02 Billion ≈ $63.56 Million |
+2.99% |
| 2021-12-31 | NT$1.96 Billion ≈ $61.71 Million |
+8.31% |
| 2020-12-31 | NT$1.81 Billion ≈ $56.97 Million |
+11.79% |
| 2019-12-31 | NT$1.62 Billion ≈ $50.97 Million |
+7.06% |
| 2018-12-31 | NT$1.51 Billion ≈ $47.60 Million |
+6.26% |
| 2017-12-31 | NT$1.42 Billion ≈ $44.80 Million |
+2.79% |
| 2016-12-31 | NT$1.38 Billion ≈ $43.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aeon Motor 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 104.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$610.99 Million | 30.50% |
| Other Components | NT$1.39 Billion | 69.50% |
| Total Equity | NT$2.00 Billion | 100.00% |
Aeon Motor Co Ltd Competitors by Market Cap
The table below lists competitors of Aeon Motor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Acelon Chemicals & Fiber Corp
TW:1466
|
$57.08 Million |
|
Unigold Inc.
V:UGD
|
$57.14 Million |
|
Phinergy Ltd
TA:PNRG
|
$57.15 Million |
|
Enablence Technologies Inc
V:ENA
|
$57.16 Million |
|
Stefstock
JSE:SSK
|
$57.06 Million |
|
FLUOGUIDE A/S DK -1
F:96X
|
$57.06 Million |
|
Awilco LNG ASA
OL:ALNG
|
$57.05 Million |
|
Global Education Limited
NSE:GLOBAL
|
$57.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aeon Motor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,909,280,000 to 2,003,101,000, a change of 93,821,000 (4.9%).
- Net income of 88,096,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 712,895,000.
- Other factors increased equity by 718,620,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$88.10 Million | +4.4% |
| Other Comprehensive Income | NT$-712.89 Million | -35.59% |
| Other Changes | NT$718.62 Million | +35.88% |
| Total Change | NT$- | 4.91% |
Book Value vs Market Value Analysis
This analysis compares Aeon Motor 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: 0.92x
- 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 decreased from 1.43x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$17.63 | NT$25.15 | x |
| 2017-12-31 | NT$18.28 | NT$25.15 | x |
| 2018-12-31 | NT$19.91 | NT$25.15 | x |
| 2019-12-31 | NT$21.68 | NT$25.15 | x |
| 2020-12-31 | NT$24.23 | NT$25.15 | x |
| 2021-12-31 | NT$26.38 | NT$25.15 | x |
| 2022-12-31 | NT$27.58 | NT$25.15 | x |
| 2023-12-31 | NT$26.14 | NT$25.15 | x |
| 2024-12-31 | NT$27.43 | NT$25.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aeon Motor 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): 4.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.85%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.38x
- Recent ROE (4.40%) is below the historical average (11.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 17.79% | 9.80% | 1.26x | 1.44x | NT$107.72 Million |
| 2017 | 10.37% | 6.07% | 1.16x | 1.47x | NT$5.28 Million |
| 2018 | 14.25% | 8.28% | 1.18x | 1.46x | NT$64.19 Million |
| 2019 | 8.69% | 5.86% | 1.18x | 1.26x | NT$-21.17 Million |
| 2020 | 13.13% | 7.36% | 1.23x | 1.45x | NT$56.66 Million |
| 2021 | 17.88% | 9.70% | 1.17x | 1.58x | NT$154.32 Million |
| 2022 | 13.63% | 8.13% | 1.09x | 1.54x | NT$73.13 Million |
| 2023 | -0.24% | -0.21% | 0.76x | 1.48x | NT$-195.46 Million |
| 2024 | 4.40% | 3.85% | 0.83x | 1.38x | NT$-112.21 Million |
Industry Comparison
This section compares Aeon Motor Co Ltd's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $29,075,561,750
- Average return on equity (ROE) among peers: 8.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aeon Motor Co Ltd (1599) | NT$1.96 Billion | 17.79% | 0.43x | $57.07 Million |
| Yulon Motor Co Ltd (2201) | $41.19 Billion | 13.26% | 0.77x | $903.79 Million |
| China Motor Corp (2204) | $40.71 Billion | 13.26% | 0.78x | $943.62 Million |
| Sanyang Motor Co Ltd (2206) | $16.67 Billion | 2.14% | 1.27x | $1.36 Billion |
| Yulon Nissan Motor Co Ltd (2227) | $17.73 Billion | 6.55% | 0.27x | $505.66 Million |
About Aeon Motor Co Ltd
Aeon Motor Co.,Ltd. develops, manufactures, and sells all-terrain vehicle, motorcycles, and electric vehicles under the Aeon brand name in Taiwan. The company offers scooters, motorcycles, ATVs, UTVs, as well as parts and other equipment. It also exports its products. Aeon Motor Co.,Ltd. was founded in 1988 and is based in Tainan City, Taiwan.