Axiomtek Co Ltd (3088) - Net Assets
Based on the latest financial reports, Axiomtek Co Ltd (3088) has net assets worth NT$4.68 Billion TWD (≈ $147.50 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.11 Billion ≈ $224.11 Million USD) and total liabilities (NT$2.43 Billion ≈ $76.61 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 Axiomtek Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.68 Billion |
| % of Total Assets | 65.82% |
| Annual Growth Rate | 11.65% |
| 5-Year Change | 78.04% |
| 10-Year Change | N/A |
| Growth Volatility | 9.82 |
Axiomtek Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Axiomtek Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Axiomtek Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Axiomtek Co Ltd (2015–2024)
The table below shows the annual net assets of Axiomtek Co Ltd from 2015 to 2024. For live valuation and market cap data, see Axiomtek Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.69 Billion ≈ $147.74 Million |
+11.55% |
| 2023-12-31 | NT$4.20 Billion ≈ $132.43 Million |
+18.28% |
| 2022-12-31 | NT$3.55 Billion ≈ $111.97 Million |
+15.45% |
| 2021-12-31 | NT$3.08 Billion ≈ $96.98 Million |
+16.88% |
| 2020-12-31 | NT$2.63 Billion ≈ $82.98 Million |
+1.40% |
| 2019-12-31 | NT$2.60 Billion ≈ $81.83 Million |
+9.92% |
| 2018-12-31 | NT$2.36 Billion ≈ $74.45 Million |
-0.30% |
| 2017-12-31 | NT$2.37 Billion ≈ $74.67 Million |
+32.89% |
| 2016-12-31 | NT$1.78 Billion ≈ $56.19 Million |
+2.61% |
| 2015-12-31 | NT$1.74 Billion ≈ $54.76 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Axiomtek 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 185.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.08 Billion | 44.83% |
| Other Components | NT$2.56 Billion | 55.17% |
| Total Equity | NT$4.64 Billion | 100.00% |
Axiomtek Co Ltd Competitors by Market Cap
The table below lists competitors of Axiomtek Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Dragonnet Tech
SHE:300245
|
$366.93 Million |
|
Fondul Proprietatea SA
RO:FP
|
$366.97 Million |
|
2CRSI S.A.
PA:AL2SI
|
$367.07 Million |
|
Jiangxi Hengda Hi-Tech Co Ltd
SHE:002591
|
$367.24 Million |
|
Hanil Cement Co Ltd
KO:003300
|
$366.69 Million |
|
Maoming Petro-Chemical Shihua Co Ltd
SHE:000637
|
$366.68 Million |
|
FM Mattsson Mora Group AB (publ)
ST:FMM-B
|
$366.61 Million |
|
K-Bro Linen Inc.
TO:KBL
|
$366.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axiomtek Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,203,534,000 to 4,644,311,000, a change of 440,777,000 (10.5%).
- Net income of 768,938,000 contributed positively to equity growth.
- Dividend payments of 438,232,000 reduced retained earnings.
- New share issuances of 37,033,000 increased equity.
- Other factors increased equity by 73,038,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$768.94 Million | +16.56% |
| Dividends Paid | NT$438.23 Million | -9.44% |
| Share Issuances | NT$37.03 Million | +0.8% |
| Other Changes | NT$73.04 Million | +1.57% |
| Total Change | NT$- | 10.49% |
Book Value vs Market Value Analysis
This analysis compares Axiomtek 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: 2.38x
- 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 3.61x to 2.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$29.88 | NT$108.00 | x |
| 2018-12-31 | NT$29.68 | NT$108.00 | x |
| 2019-12-31 | NT$31.81 | NT$108.00 | x |
| 2020-12-31 | NT$26.36 | NT$108.00 | x |
| 2021-12-31 | NT$30.59 | NT$108.00 | x |
| 2022-12-31 | NT$34.97 | NT$108.00 | x |
| 2023-12-31 | NT$39.45 | NT$108.00 | x |
| 2024-12-31 | NT$45.39 | NT$108.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axiomtek 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): 16.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.16%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.56x
- Recent ROE (16.56%) is below the historical average (19.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 25.05% | 8.85% | 1.60x | 1.77x | NT$254.79 Million |
| 2016 | 20.63% | 7.65% | 1.41x | 1.92x | NT$185.54 Million |
| 2017 | 39.08% | 23.19% | 1.06x | 1.59x | NT$689.22 Million |
| 2018 | 17.22% | 8.12% | 1.21x | 1.75x | NT$170.63 Million |
| 2019 | 17.73% | 9.72% | 1.15x | 1.59x | NT$200.72 Million |
| 2020 | 11.64% | 6.66% | 1.14x | 1.54x | NT$43.22 Million |
| 2021 | 12.70% | 7.71% | 0.95x | 1.73x | NT$83.09 Million |
| 2022 | 16.96% | 9.10% | 1.09x | 1.71x | NT$247.25 Million |
| 2023 | 17.31% | 10.86% | 0.98x | 1.63x | NT$307.27 Million |
| 2024 | 16.56% | 11.16% | 0.95x | 1.56x | NT$304.51 Million |
Industry Comparison
This section compares Axiomtek Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,332,807,700
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axiomtek Co Ltd (3088) | NT$4.68 Billion | 25.05% | 0.52x | $366.75 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About Axiomtek Co Ltd
Axiomtek Co., Ltd. engages in manufacturing, sales, and post-sales service of industrial computer and embedded board products worldwide. It offers industrial and embedded motherboard, system on module, PICMG single board computer, add-on-card and peripheral, and smart display module; and systems and platforms, such as embedded system, industrial pc, machine vision, edge AI GPU computing, transpor… Read more