Megaforce Co Ltd
Megaforce Company Limited, together with its subsidiaries, provides plastic components and opto-mechatronics services in Asia, the United States of America, and Europe. It engages in precise molds; AR and optical technology development; product and commodity trading; optical component manufacturing; medical equipment manufacturing and sales; and electronic plastic product coating business. The Co… Read more
Megaforce Co Ltd (3294) - Net Assets
Latest net assets as of September 2025: NT$2.17 Billion TWD
Based on the latest financial reports, Megaforce Co Ltd (3294) has net assets worth NT$2.17 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$4.78 Billion) and total liabilities (NT$2.61 Billion). 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$2.17 Billion |
| % of Total Assets | 45.33% |
| Annual Growth Rate | -1.55% |
| 5-Year Change | -4.99% |
| 10-Year Change | N/A |
| Growth Volatility | 5.96 |
Megaforce Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Megaforce 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 Megaforce Co Ltd (2017–2024)
The table below shows the annual net assets of Megaforce Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.33 Billion | +10.59% |
| 2023-12-31 | NT$2.11 Billion | -6.33% |
| 2022-12-31 | NT$2.25 Billion | -6.00% |
| 2021-12-31 | NT$2.39 Billion | -2.43% |
| 2020-12-31 | NT$2.45 Billion | +4.39% |
| 2019-12-31 | NT$2.35 Billion | -4.52% |
| 2018-12-31 | NT$2.46 Billion | -5.33% |
| 2017-12-31 | NT$2.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Megaforce 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 decreased by 74.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$80.81 Million | 3.49% |
| Other Components | NT$2.24 Billion | 96.51% |
| Total Equity | NT$2.32 Billion | 100.00% |
Megaforce Co Ltd Competitors by Market Cap
The table below lists competitors of Megaforce Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ethos Technologies Inc. Class A Common Stock
NASDAQ:LIFE
|
$80.91 Million |
|
Coda Octopus Group Inc
NASDAQ:CODA
|
$80.92 Million |
|
Korea Petroleum Industries Co
KO:004090
|
$80.96 Million |
|
Cnb Community Bancorp Inc
OTCQX:CNBB
|
$80.98 Million |
|
Petrolimex Insurance Corp
VN:PGI
|
$80.86 Million |
|
Sea Sonic Electronics Co Ltd
TWO:6203
|
$80.83 Million |
|
Campine N.V.
LSE:0J0V
|
$80.81 Million |
|
DASAN Networks Inc
KQ:039560
|
$80.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Megaforce Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,092,238,000 to 2,317,072,000, a change of 224,834,000 (10.7%).
- Net income of 75,623,000 contributed positively to equity growth.
- New share issuances of 44,766,000 increased equity.
- Other factors increased equity by 104,445,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$75.62 Million | +3.26% |
| Share Issuances | NT$44.77 Million | +1.93% |
| Other Changes | NT$104.44 Million | +4.51% |
| Total Change | NT$- | 10.75% |
Book Value vs Market Value Analysis
This analysis compares Megaforce 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: 2.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.89x to 2.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$19.64 | NT$37.20 | x |
| 2018-12-31 | NT$18.52 | NT$37.20 | x |
| 2019-12-31 | NT$17.70 | NT$37.20 | x |
| 2020-12-31 | NT$18.41 | NT$37.20 | x |
| 2021-12-31 | NT$17.69 | NT$37.20 | x |
| 2022-12-31 | NT$17.10 | NT$37.20 | x |
| 2023-12-31 | NT$16.05 | NT$37.20 | x |
| 2024-12-31 | NT$17.55 | NT$37.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Megaforce Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.75%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 2.17x
- Recent ROE (3.26%) is above the historical average (0.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.38% | 4.02% | 1.12x | 1.86x | NT$-41.76 Million |
| 2018 | 0.03% | 0.02% | 0.99x | 1.99x | NT$-243.74 Million |
| 2019 | 1.31% | 0.61% | 0.96x | 2.22x | NT$-203.24 Million |
| 2020 | 3.51% | 1.68% | 0.85x | 2.46x | NT$-158.23 Million |
| 2021 | 1.01% | 0.45% | 0.91x | 2.46x | NT$-213.19 Million |
| 2022 | -7.01% | -3.24% | 0.94x | 2.31x | NT$-379.92 Million |
| 2023 | -6.18% | -3.13% | 0.77x | 2.56x | NT$-338.62 Million |
| 2024 | 3.26% | 1.75% | 0.86x | 2.17x | NT$-156.08 Million |
Industry Comparison
This section compares Megaforce Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Megaforce Co Ltd (3294) | NT$2.17 Billion | 8.38% | 1.21x | $80.87 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |