Sentronic International (3232) - Net Assets
Based on the latest financial reports, Sentronic International (3232) has net assets worth NT$692.67 Million TWD (≈ $21.82 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$1.12 Billion ≈ $35.18 Million USD) and total liabilities (NT$423.88 Million ≈ $13.35 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. Also explore Sentronic International balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$692.67 Million |
| % of Total Assets | 62.04% |
| Annual Growth Rate | 9.86% |
| 5-Year Change | 51.2% |
| 10-Year Change | N/A |
| Growth Volatility | 18.51 |
Sentronic International - Net Assets Trend (2017–2024)
This chart illustrates how Sentronic International's net assets have evolved over time, based on quarterly financial data. Check Sentronic International (3232) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sentronic International (2017–2024)
The table below shows the annual net assets of Sentronic International from 2017 to 2024. For live valuation and market cap data, see Sentronic International stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$702.21 Million ≈ $22.12 Million |
+0.65% |
| 2023-12-31 | NT$697.68 Million ≈ $21.98 Million |
-1.34% |
| 2022-12-31 | NT$707.13 Million ≈ $22.28 Million |
+45.92% |
| 2021-12-31 | NT$484.61 Million ≈ $15.27 Million |
+4.34% |
| 2020-12-31 | NT$464.44 Million ≈ $14.63 Million |
-4.93% |
| 2019-12-31 | NT$488.54 Million ≈ $15.39 Million |
+0.55% |
| 2018-12-31 | NT$485.89 Million ≈ $15.31 Million |
+33.67% |
| 2017-12-31 | NT$363.49 Million ≈ $11.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sentronic International'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 decreased by 28.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$16.68 Million | 2.37% |
| Other Components | NT$685.53 Million | 97.63% |
| Total Equity | NT$702.21 Million | 100.00% |
Sentronic International Competitors by Market Cap
The table below lists competitors of Sentronic International ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GenoFocus Inc
KQ:187420
|
$28.41 Million |
|
Homecast Co.Ltd
KQ:064240
|
$28.42 Million |
|
Mauna Kea Technologies SAS
PA:ALMKT
|
$28.43 Million |
|
Kein Hing International Bhd
KLSE:7199
|
$28.43 Million |
|
Netgem SA
PA:ALNTG
|
$28.38 Million |
|
Fade Gida Yatirim Sanayi Ticaret As
IS:FADE
|
$28.37 Million |
|
Halloren Schokoladenfabrik Aktiengesellschaft
HM:H2RB
|
$28.36 Million |
|
Dynamic Group Holdings Ltd
AU:DDB
|
$28.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sentronic International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 697,678,000 to 702,212,000, a change of 4,534,000 (0.6%).
- Net income of 14,698,000 contributed positively to equity growth.
- Dividend payments of 23,284,000 reduced retained earnings.
- Other factors increased equity by 13,120,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$14.70 Million | +2.09% |
| Dividends Paid | NT$23.28 Million | -3.32% |
| Other Changes | NT$13.12 Million | +1.87% |
| Total Change | NT$- | 0.65% |
Book Value vs Market Value Analysis
This analysis compares Sentronic International'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: 1.28x
- 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 1.84x to 1.28x 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$10.51 | NT$19.35 | x |
| 2018-12-31 | NT$12.52 | NT$19.35 | x |
| 2019-12-31 | NT$12.62 | NT$19.35 | x |
| 2020-12-31 | NT$11.85 | NT$19.35 | x |
| 2021-12-31 | NT$12.36 | NT$19.35 | x |
| 2022-12-31 | NT$18.62 | NT$19.35 | x |
| 2023-12-31 | NT$14.97 | NT$19.35 | x |
| 2024-12-31 | NT$15.08 | NT$19.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sentronic International utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.95%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 1.68x
- Recent ROE (2.09%) is below the historical average (3.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.16% | 1.94% | 1.24x | 2.55x | NT$-13.06 Million |
| 2018 | 4.11% | 1.16% | 1.67x | 2.12x | NT$-26.98 Million |
| 2019 | 2.40% | 1.06% | 1.25x | 1.82x | NT$-35.09 Million |
| 2020 | 2.77% | 1.71% | 0.93x | 1.74x | NT$-33.60 Million |
| 2021 | 6.31% | 3.06% | 0.91x | 2.26x | NT$-17.87 Million |
| 2022 | 2.11% | 1.05% | 0.98x | 2.04x | NT$-55.80 Million |
| 2023 | 1.70% | 0.79% | 1.16x | 1.86x | NT$-57.90 Million |
| 2024 | 2.09% | 0.95% | 1.32x | 1.68x | NT$-55.52 Million |
Industry Comparison
This section compares Sentronic International's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $16,954,581,333
- Average return on equity (ROE) among peers: 5.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sentronic International (3232) | NT$692.67 Million | 6.16% | 0.61x | $28.39 Million |
| China Wire & Cable Co Ltd (1603) | $5.13 Billion | 4.79% | 0.66x | $145.13 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $3.10 Billion | 8.82% | 0.75x | $231.30 Million |
| Synnex Technology International Corp (2347) | $14.92 Billion | 9.54% | 0.71x | $4.92 Billion |
| Foxconn Technology Co Ltd (2354) | $105.16 Billion | 4.05% | 0.28x | $2.52 Billion |
| Senao International Co Ltd (2450) | $2.55 Billion | 3.12% | 1.01x | $233.92 Million |
| Wah Lee Industrial Corp (3010) | $13.28 Billion | 10.66% | 1.59x | $919.54 Million |
| Weikeng Industrial Co Ltd (3033) | $3.43 Billion | 6.25% | 1.49x | $673.74 Million |
| Edom Technology Co Ltd (3048) | $2.28 Billion | 8.84% | 2.35x | $393.18 Million |
| MetaTech AP (3224) | $2.73 Billion | -4.83% | 0.20x | $86.16 Million |
About Sentronic International
Sentronic International Corp. distributes computer equipment and electronic components in Taiwan. It offers semiconductor components, liquid crystal displays, optical read heads, light-emitting diodes, distributed components, micro motors and others. The company also provides dental implant and stent systems. It also exports its products. Sentronic International Corp. was founded in 1987 and is b… Read more