Service & Quality Technology Co Ltd
Aethertek technology co., Ltd., together with its subsidiaries, manufactures and sells precision testing equipment for the consumer and automotive electronics, and AI server testing industries in Taiwan and China. The company offers RF test products comprising up-down converters, RF switches, shield boxes, and passive antennas; board level tests; microprobe products, including sockets and board-t… Read more
Service & Quality Technology Co Ltd (3219) - Net Assets
Latest net assets as of June 2025: NT$1.56 Billion TWD
Based on the latest financial reports, Service & Quality Technology Co Ltd (3219) has net assets worth NT$1.56 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.43 Billion) and total liabilities (NT$866.91 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$1.56 Billion |
| % of Total Assets | 64.29% |
| Annual Growth Rate | 38.29% |
| 5-Year Change | 85.49% |
| 10-Year Change | N/A |
| Growth Volatility | 212.34 |
Service & Quality Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Service & Quality Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Service & Quality Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Service & Quality Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.60 Billion | +5.91% |
| 2023-12-31 | NT$1.51 Billion | -2.45% |
| 2022-12-31 | NT$1.55 Billion | +4.24% |
| 2021-12-31 | NT$1.48 Billion | +72.23% |
| 2020-12-31 | NT$860.69 Million | +610.41% |
| 2019-12-31 | NT$121.16 Million | +2.66% |
| 2018-12-31 | NT$118.02 Million | -28.49% |
| 2017-12-31 | NT$165.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Service & Quality Technology 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 40423000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$310.68 Million | 23.64% |
| Other Components | NT$1.00 Billion | 76.36% |
| Total Equity | NT$1.31 Billion | 100.00% |
Service & Quality Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Service & Quality Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMMUPHARMA PLC LS-01
F:25I
|
$28.38 Million |
|
Denali Bancorporation Inc
PINK:DENI
|
$28.39 Million |
|
METAIR INVTS LTD O.N.
F:M4HA
|
$28.39 Million |
|
Atlas Resources Tbk
JK:ARII
|
$28.40 Million |
|
Dynamix Corporation Warrant
NASDAQ:DYNXW
|
$28.37 Million |
|
Soonest Express Co Ltd
TWO:2643
|
$28.36 Million |
|
Dsr Wire
KO:069730
|
$28.35 Million |
|
Meriaura Group Oyj
HE:MERIH
|
$28.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Service & Quality Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,270,917,000 to 1,314,087,000, a change of 43,170,000 (3.4%).
- Net income of 20,974,000 contributed positively to equity growth.
- Dividend payments of 25,773,000 reduced retained earnings.
- Other factors increased equity by 47,969,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$20.97 Million | +1.6% |
| Dividends Paid | NT$25.77 Million | -1.96% |
| Other Changes | NT$47.97 Million | +3.65% |
| Total Change | NT$- | 3.40% |
Book Value vs Market Value Analysis
This analysis compares Service & Quality Technology 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: 3.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.62x to 3.53x 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$9.88 | NT$65.40 | x |
| 2018-12-31 | NT$7.98 | NT$65.40 | x |
| 2019-12-31 | NT$4.51 | NT$65.40 | x |
| 2020-12-31 | NT$26.08 | NT$65.40 | x |
| 2021-12-31 | NT$18.45 | NT$65.40 | x |
| 2022-12-31 | NT$18.67 | NT$65.40 | x |
| 2023-12-31 | NT$18.05 | NT$65.40 | x |
| 2024-12-31 | NT$18.52 | NT$65.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Service & Quality Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.84%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.69x
- Recent ROE (1.60%) is above the historical average (-5.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.35% | 1.26% | 4.39x | 1.33x | NT$-3.88 Million |
| 2018 | -21.96% | -5.79% | 2.66x | 1.43x | NT$-37.72 Million |
| 2019 | -84.99% | -54.28% | 0.75x | 2.08x | NT$-63.40 Million |
| 2020 | 2.92% | 27.96% | 0.10x | 1.01x | NT$-60.92 Million |
| 2021 | 34.28% | 21.68% | 0.89x | 1.77x | NT$315.12 Million |
| 2022 | 11.63% | 10.29% | 0.72x | 1.57x | NT$21.36 Million |
| 2023 | 2.25% | 2.47% | 0.56x | 1.61x | NT$-98.45 Million |
| 2024 | 1.60% | 1.84% | 0.51x | 1.69x | NT$-110.43 Million |
Industry Comparison
This section compares Service & Quality Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $13,532,689,500
- Average return on equity (ROE) among peers: 12.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Service & Quality Technology Co Ltd (3219) | NT$1.56 Billion | 7.35% | 0.56x | $28.38 Million |
| TECO Electric & Machinery Co Ltd (1504) | $61.70 Billion | 5.22% | 0.61x | $3.79 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $19.24 Billion | 18.82% | 1.56x | $1.96 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $87.63 Million |
| Awea Mechantronic Co Ltd (1530) | $3.16 Billion | 4.15% | 0.97x | $20.63 Million |
| Kaulin Mfg (1531) | $4.60 Billion | 7.11% | 0.29x | $39.04 Million |
| Chiu Ting Machinery Co Ltd (1539) | $990.48 Million | 22.54% | 1.99x | $14.13 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.20 Billion | 23.81% | 0.57x | $45.90 Million |
| Sinmag Equipment (1580) | $2.98 Billion | 20.23% | 0.34x | $131.61 Million |
| Goodway Machine Corp (1583) | $4.00 Billion | 10.09% | 1.15x | $28.04 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $3.89 Billion |