Mildef Crete
Mildef Crete Inc., together with its subsidiaries, research, designs, plans, manufactures, sells, imports, and exports computer software, hardware, and peripheral equipment in Taiwan, Europe, Oceania, Asia, the United States, and internationally. The company offers rugged IT (information technology) devices comprising workstations, laptops, tablets, handhelds, controllers, and accessories. It als… Read more
Mildef Crete (3213) - Net Assets
Latest net assets as of September 2025: NT$4.03 Billion TWD
Based on the latest financial reports, Mildef Crete (3213) has net assets worth NT$4.03 Billion 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$5.02 Billion) and total liabilities (NT$982.97 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$4.03 Billion |
| % of Total Assets | 80.41% |
| Annual Growth Rate | 10.94% |
| 5-Year Change | 102.18% |
| 10-Year Change | N/A |
| Growth Volatility | 10.88 |
Mildef Crete - Net Assets Trend (2015–2024)
This chart illustrates how Mildef Crete's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mildef Crete (2015–2024)
The table below shows the annual net assets of Mildef Crete from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.28 Billion | +28.26% |
| 2023-12-31 | NT$2.56 Billion | +5.30% |
| 2022-12-31 | NT$2.43 Billion | +13.50% |
| 2021-12-31 | NT$2.14 Billion | +31.90% |
| 2020-12-31 | NT$1.62 Billion | +7.50% |
| 2019-12-31 | NT$1.51 Billion | +7.03% |
| 2018-12-31 | NT$1.41 Billion | -3.39% |
| 2017-12-31 | NT$1.46 Billion | +9.51% |
| 2016-12-31 | NT$1.33 Billion | +3.44% |
| 2015-12-31 | NT$1.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mildef Crete'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 209.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.93 Billion | 59.11% |
| Other Components | NT$1.33 Billion | 40.89% |
| Total Equity | NT$3.26 Billion | 100.00% |
Mildef Crete Competitors by Market Cap
The table below lists competitors of Mildef Crete ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HKFoods Oyj A
HE:HKFOODS
|
$160.12 Million |
|
Cellectis SA
NASDAQ:CLLS
|
$160.13 Million |
|
Formosa Laboratories Inc
TW:4746
|
$160.16 Million |
|
Taekwang Ind
KO:003240
|
$160.16 Million |
|
PASONA GROUP INC.
F:9D4
|
$160.07 Million |
|
GigCapital7 Corp. Class A Ordinary Share
NASDAQ:GIG
|
$160.06 Million |
|
Clairvest Group Inc.
TO:CVG
|
$159.95 Million |
|
Hangzhou SDIC Microelectronics Inc. A
SHG:688130
|
$159.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mildef Crete's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,537,178,000 to 3,256,954,000, a change of 719,776,000 (28.4%).
- Net income of 495,221,000 contributed positively to equity growth.
- Dividend payments of 316,902,000 reduced retained earnings.
- Other comprehensive income decreased equity by 784,224,000.
- Other factors increased equity by 1,325,681,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$495.22 Million | +15.21% |
| Dividends Paid | NT$316.90 Million | -9.73% |
| Other Comprehensive Income | NT$-784.22 Million | -24.08% |
| Other Changes | NT$1.33 Billion | +40.7% |
| Total Change | NT$- | 28.37% |
Book Value vs Market Value Analysis
This analysis compares Mildef Crete'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: 1.83x
- 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 4.55x to 1.83x 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$22.31 | NT$101.50 | x |
| 2017-12-31 | NT$24.29 | NT$101.50 | x |
| 2018-12-31 | NT$23.57 | NT$101.50 | x |
| 2019-12-31 | NT$25.12 | NT$101.50 | x |
| 2020-12-31 | NT$26.82 | NT$101.50 | x |
| 2021-12-31 | NT$35.70 | NT$101.50 | x |
| 2022-12-31 | NT$40.53 | NT$101.50 | x |
| 2023-12-31 | NT$42.62 | NT$101.50 | x |
| 2024-12-31 | NT$55.50 | NT$101.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mildef Crete 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): 15.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.36%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.29x
- Recent ROE (15.21%) is below the historical average (18.50%), 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 | 18.13% | 11.28% | 1.25x | 1.28x | NT$104.71 Million |
| 2016 | 19.45% | 12.05% | 1.19x | 1.36x | NT$125.97 Million |
| 2017 | 22.88% | 13.00% | 1.28x | 1.38x | NT$186.42 Million |
| 2018 | 12.98% | 7.53% | 1.26x | 1.37x | NT$41.86 Million |
| 2019 | 18.58% | 9.87% | 1.26x | 1.49x | NT$128.45 Million |
| 2020 | 20.15% | 10.86% | 1.29x | 1.44x | NT$162.81 Million |
| 2021 | 30.02% | 22.69% | 0.95x | 1.39x | NT$425.57 Million |
| 2022 | 9.46% | 8.43% | 0.82x | 1.37x | NT$-13.04 Million |
| 2023 | 18.16% | 15.42% | 0.86x | 1.38x | NT$207.11 Million |
| 2024 | 15.21% | 17.36% | 0.68x | 1.29x | NT$169.53 Million |
Industry Comparison
This section compares Mildef Crete's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mildef Crete (3213) | NT$4.03 Billion | 18.13% | 0.24x | $160.12 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |