Adda Corporation (3071) - Net Assets
Based on the latest financial reports, Adda Corporation (3071) has net assets worth NT$1.79 Billion TWD (≈ $56.39 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$3.74 Billion ≈ $117.75 Million USD) and total liabilities (NT$1.95 Billion ≈ $61.37 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 how resilient are Adda Corporation's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.79 Billion |
| % of Total Assets | 47.88% |
| Annual Growth Rate | 3.57% |
| 5-Year Change | 30.38% |
| 10-Year Change | N/A |
| Growth Volatility | 9.63 |
Adda Corporation - Net Assets Trend (2016–2024)
This chart illustrates how Adda Corporation's net assets have evolved over time, based on quarterly financial data. Also explore 3071 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Adda Corporation (2016–2024)
The table below shows the annual net assets of Adda Corporation from 2016 to 2024. For live valuation and market cap data, see market value of Adda Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.97 Billion ≈ $62.13 Million |
+6.69% |
| 2023-12-31 | NT$1.85 Billion ≈ $58.23 Million |
-4.97% |
| 2022-12-31 | NT$1.95 Billion ≈ $61.28 Million |
+27.28% |
| 2021-12-31 | NT$1.53 Billion ≈ $48.15 Million |
+1.04% |
| 2020-12-31 | NT$1.51 Billion ≈ $47.65 Million |
+1.87% |
| 2019-12-31 | NT$1.48 Billion ≈ $46.78 Million |
-0.92% |
| 2018-12-31 | NT$1.50 Billion ≈ $47.21 Million |
+5.39% |
| 2017-12-31 | NT$1.42 Billion ≈ $44.80 Million |
-4.51% |
| 2016-12-31 | NT$1.49 Billion ≈ $46.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Adda Corporation'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 20617900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$156.97 Million | 10.25% |
| Other Components | NT$1.37 Billion | 89.75% |
| Total Equity | NT$1.53 Billion | 100.00% |
Adda Corporation Competitors by Market Cap
The table below lists competitors of Adda Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Frequency Therapeutics Inc
NASDAQ:KRRO
|
$105.19 Million |
|
HLS Therapeutics Inc
TO:HLS
|
$105.20 Million |
|
Scully Royalty Ltd
NYSE:SRL
|
$105.21 Million |
|
Clarus Corp
NASDAQ:CLAR
|
$105.22 Million |
|
Ruentex Materials Co Ltd
TW:8463
|
$105.15 Million |
|
EcoFirst Consolidated Bhd
KLSE:3557
|
$105.14 Million |
|
Chateau International Development Co Ltd
TW:2722
|
$105.10 Million |
|
DORO AB
ST:DORO
|
$105.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adda Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,476,235,000 to 1,531,179,000, a change of 54,944,000 (3.7%).
- Net income of 88,945,000 contributed positively to equity growth.
- Dividend payments of 113,300,000 reduced retained earnings.
- Other comprehensive income decreased equity by 113,425,999.
- Other factors increased equity by 192,724,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$88.94 Million | +5.81% |
| Dividends Paid | NT$113.30 Million | -7.4% |
| Other Comprehensive Income | NT$-113.43 Million | -7.41% |
| Other Changes | NT$192.72 Million | +12.59% |
| Total Change | NT$- | 3.72% |
Book Value vs Market Value Analysis
This analysis compares Adda Corporation'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: 2.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$13.54 | NT$30.35 | x |
| 2017-12-31 | NT$12.88 | NT$30.35 | x |
| 2018-12-31 | NT$13.44 | NT$30.35 | x |
| 2019-12-31 | NT$12.72 | NT$30.35 | x |
| 2020-12-31 | NT$12.95 | NT$30.35 | x |
| 2021-12-31 | NT$13.16 | NT$30.35 | x |
| 2022-12-31 | NT$14.20 | NT$30.35 | x |
| 2023-12-31 | NT$13.46 | NT$30.35 | x |
| 2024-12-31 | NT$13.92 | NT$30.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adda Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.59%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.66x
- Recent ROE (5.81%) is below the historical average (11.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.83% | 3.87% | 0.91x | 1.65x | NT$-62.15 Million |
| 2017 | 11.43% | 7.17% | 0.92x | 1.74x | NT$20.34 Million |
| 2018 | 13.07% | 7.62% | 0.94x | 1.82x | NT$45.40 Million |
| 2019 | 14.96% | 9.43% | 0.81x | 1.96x | NT$69.45 Million |
| 2020 | 14.08% | 9.39% | 0.71x | 2.11x | NT$57.74 Million |
| 2021 | 14.15% | 8.11% | 0.78x | 2.24x | NT$59.60 Million |
| 2022 | 14.67% | 8.17% | 0.72x | 2.49x | NT$72.57 Million |
| 2023 | 8.99% | 5.54% | 0.62x | 2.61x | NT$-14.90 Million |
| 2024 | 5.81% | 3.59% | 0.61x | 2.66x | NT$-64.17 Million |
Industry Comparison
This section compares Adda Corporation's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,912,262,400
- Average return on equity (ROE) among peers: 4.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adda Corporation (3071) | NT$1.79 Billion | 5.83% | 1.09x | $105.18 Million |
| Shihlin Electric & Engineering Corp (1503) | $28.69 Billion | 7.01% | 0.72x | $3.11 Billion |
| Allis Electric Co Ltd (1514) | $2.18 Billion | 0.00% | 0.81x | $920.17 Million |
| Fortune Electric Co Ltd (1519) | $2.42 Billion | 9.14% | 1.69x | $8.84 Billion |
| Klingon Aerospace Inc (1529) | $1.88 Billion | 8.88% | 0.69x | $106.03 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $1.30 Billion | 2.54% | 1.20x | $318.00 Million |
| Chieftek Precision Co Ltd (1597) | $1.32 Billion | 5.36% | 0.73x | $394.51 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $7.29 Billion | -8.48% | 0.57x | $437.03 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $7.88 Billion | 5.93% | 1.34x | $794.28 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.92 Billion | 1.04% | 0.18x | $355.01 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.25 Billion | 13.75% | 0.92x | $283.16 Million |
About Adda Corporation
Adda Corporation designs, manufactures, and sells electronic thermal management products primarily for the information technology industry worldwide. The company offers CPU cooler modules, blower fans, DC axial-flow/blower fans, AC axial-flow fans, and waterproof fans. It also offers thermal modules accessories. The company's products are used in white goods, Pico projectors, dish washer dish dry… Read more