Advanced Ceramic X (3152) - Net Assets
Based on the latest financial reports, Advanced Ceramic X (3152) has net assets worth NT$4.03 Billion TWD (≈ $127.02 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.47 Billion ≈ $140.80 Million USD) and total liabilities (NT$437.44 Million ≈ $13.78 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 financial resilience of Advanced Ceramic X to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.03 Billion |
| % of Total Assets | 90.21% |
| Annual Growth Rate | 2.43% |
| 5-Year Change | 5.37% |
| 10-Year Change | N/A |
| Growth Volatility | 4.92 |
Advanced Ceramic X - Net Assets Trend (2017–2025)
This chart illustrates how Advanced Ceramic X's net assets have evolved over time, based on quarterly financial data. Also explore Advanced Ceramic X balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Advanced Ceramic X (2017–2025)
The table below shows the annual net assets of Advanced Ceramic X from 2017 to 2025. For live valuation and market cap data, see 3152 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.03 Billion ≈ $127.02 Million |
+7.10% |
| 2024-12-31 | NT$3.76 Billion ≈ $118.60 Million |
+4.89% |
| 2023-12-31 | NT$3.59 Billion ≈ $113.07 Million |
+0.98% |
| 2022-12-31 | NT$3.55 Billion ≈ $111.98 Million |
-7.10% |
| 2021-12-31 | NT$3.83 Billion ≈ $120.54 Million |
+7.94% |
| 2020-12-31 | NT$3.54 Billion ≈ $111.68 Million |
+7.48% |
| 2019-12-31 | NT$3.30 Billion ≈ $103.91 Million |
-1.06% |
| 2018-12-31 | NT$3.33 Billion ≈ $105.02 Million |
+0.17% |
| 2017-12-31 | NT$3.33 Billion ≈ $104.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Advanced Ceramic X'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 34.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.77 Billion | 68.65% |
| Other Components | NT$1.26 Billion | 31.35% |
| Total Equity | NT$4.03 Billion | 100.00% |
Advanced Ceramic X Competitors by Market Cap
The table below lists competitors of Advanced Ceramic X ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Landscape Architecture Design Institute Co Ltd
SHE:300649
|
$371.84 Million |
|
GRM Overseas Limited
NSE:GRMOVER
|
$371.92 Million |
|
Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares
NASDAQ:ANSC
|
$372.02 Million |
|
Shanghai Hile Bio-tech
SHG:603718
|
$372.04 Million |
|
Nacity Property Service Co Ltd
SHG:603506
|
$371.77 Million |
|
Tesco PLC
LSE:TSCO
|
$371.75 Million |
|
Qumei Furniture Group Co Ltd
SHG:603818
|
$371.71 Million |
|
SUNAC SERVIC.HLDGS HD-01
F:65D
|
$371.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Ceramic X's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,764,425,000 to 4,031,524,000, a change of 267,099,000 (7.1%).
- Net income of 650,300,000 contributed positively to equity growth.
- Dividend payments of 385,801,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$650.30 Million | +16.13% |
| Dividends Paid | NT$385.80 Million | -9.57% |
| Other Changes | NT$2.60 Million | +0.06% |
| Total Change | NT$- | 7.10% |
Book Value vs Market Value Analysis
This analysis compares Advanced Ceramic X'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: 2.93x
- 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 3.55x to 2.93x 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$48.22 | NT$171.00 | x |
| 2018-12-31 | NT$48.30 | NT$171.00 | x |
| 2019-12-31 | NT$47.79 | NT$171.00 | x |
| 2020-12-31 | NT$51.28 | NT$171.00 | x |
| 2021-12-31 | NT$55.28 | NT$171.00 | x |
| 2022-12-31 | NT$51.42 | NT$171.00 | x |
| 2023-12-31 | NT$51.94 | NT$171.00 | x |
| 2024-12-31 | NT$54.54 | NT$171.00 | x |
| 2025-12-31 | NT$58.41 | NT$171.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Ceramic X 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): 16.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.60%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.11x
- Recent ROE (16.13%) is below the historical average (17.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 25.20% | 42.71% | 0.52x | 1.13x | NT$505.83 Million |
| 2018 | 22.73% | 42.00% | 0.48x | 1.14x | NT$424.40 Million |
| 2019 | 19.61% | 37.87% | 0.45x | 1.15x | NT$316.86 Million |
| 2020 | 23.41% | 37.85% | 0.51x | 1.21x | NT$475.40 Million |
| 2021 | 26.84% | 36.08% | 0.63x | 1.18x | NT$644.23 Million |
| 2022 | 7.75% | 18.79% | 0.35x | 1.17x | NT$-80.07 Million |
| 2023 | 7.87% | 18.98% | 0.36x | 1.17x | NT$-76.47 Million |
| 2024 | 11.39% | 25.36% | 0.39x | 1.15x | NT$52.16 Million |
| 2025 | 16.13% | 45.60% | 0.32x | 1.11x | NT$247.15 Million |
Industry Comparison
This section compares Advanced Ceramic X's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $180,200,345,300
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Ceramic X (3152) | NT$4.03 Billion | 25.20% | 0.11x | $371.82 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $6.49 Billion | 0.00% | 1.01x | $1.78 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $27.35 Billion | 2.10% | 0.67x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.49 Billion | 6.90% | 0.48x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.10 Billion | 9.66% | 0.65x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.90 Billion | 3.31% | 0.21x | $642.50 Million |
About Advanced Ceramic X
Advanced Ceramic X Corporation designs, manufactures, and sells RF front-end devices and modules for wireless communication applications in Taiwan, China, the United States, and internationally. It offers antenna; baluns; couplers; filters; multi-plexers; power dividers; RF front-end modules; and high frequency inductors. Advanced Ceramic X Corporation was incorporated in 1998 and is headquartere… Read more