Megaforce Co Ltd (3294) - Net Assets
Based on the latest financial reports, Megaforce Co Ltd (3294) has net assets worth NT$2.31 Billion TWD (≈ $72.77 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.08 Billion ≈ $160.14 Million USD) and total liabilities (NT$2.77 Billion ≈ $87.37 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 how strategically is Megaforce Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.31 Billion |
| % of Total Assets | 45.44% |
| Annual Growth Rate | -1.49% |
| 5-Year Change | -3.7% |
| 10-Year Change | N/A |
| Growth Volatility | 5.58 |
Megaforce Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Megaforce Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 3294 company net worth.
Annual Net Assets for Megaforce Co Ltd (2017–2025)
The table below shows the annual net assets of Megaforce Co Ltd from 2017 to 2025. Also explore Megaforce Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.30 Billion ≈ $72.60 Million |
-1.11% |
| 2024-12-31 | NT$2.33 Billion ≈ $73.41 Million |
+10.59% |
| 2023-12-31 | NT$2.11 Billion ≈ $66.39 Million |
-6.33% |
| 2022-12-31 | NT$2.25 Billion ≈ $70.87 Million |
-6.00% |
| 2021-12-31 | NT$2.39 Billion ≈ $75.39 Million |
-2.43% |
| 2020-12-31 | NT$2.45 Billion ≈ $77.27 Million |
+4.39% |
| 2019-12-31 | NT$2.35 Billion ≈ $74.02 Million |
-4.52% |
| 2018-12-31 | NT$2.46 Billion ≈ $77.53 Million |
-5.33% |
| 2017-12-31 | NT$2.60 Billion ≈ $81.89 Million |
-- |
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 109.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$2.29 Billion | 101.39% |
| Total Equity | NT$2.26 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 |
|---|---|
|
Taiwan Fructose Co Ltd
TWO:4207
|
$121.66 Million |
|
Uni Charm Indonesia PT
JK:UCID
|
$121.78 Million |
|
Ulusoy Un Sanayi ve Ticaret AS
IS:ULUUN
|
$121.79 Million |
|
Dongkuk Industries Co. Ltd
KQ:005160
|
$121.86 Million |
|
NOVAREX Co.Ltd
KQ:194700
|
$121.65 Million |
|
Alicon Castalloy Limited
NSE:ALICON
|
$121.62 Million |
|
John Hancock Income Securities Closed Fund
NYSE:JHS
|
$121.59 Million |
|
Digital Aria Co Ltd
KQ:115450
|
$121.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Megaforce Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,317,072,000 to 2,258,516,000, a change of -58,556,000 (-2.5%).
- Net loss of 64,377,000 reduced equity.
- Dividend payments of 50,166,000 reduced retained earnings.
- New share issuances of 70,080,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-64.38 Million | -2.85% |
| Dividends Paid | NT$50.17 Million | -2.22% |
| Share Issuances | NT$70.08 Million | +3.1% |
| Other Changes | NT$-14.09 Million | -0.62% |
| Total Change | NT$- | -2.53% |
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: 1.71x
- 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 1.49x to 1.71x 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$29.25 | x |
| 2018-12-31 | NT$18.52 | NT$29.25 | x |
| 2019-12-31 | NT$17.70 | NT$29.25 | x |
| 2020-12-31 | NT$18.41 | NT$29.25 | x |
| 2021-12-31 | NT$17.69 | NT$29.25 | x |
| 2022-12-31 | NT$17.10 | NT$29.25 | x |
| 2023-12-31 | NT$16.05 | NT$29.25 | x |
| 2024-12-31 | NT$17.55 | NT$29.25 | x |
| 2025-12-31 | NT$17.11 | NT$29.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Megaforce Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.80%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.16x
- Recent ROE (-2.85%) is below the historical average (0.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.38% | 4.02% | 1.12x | 1.86x | NT$-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$-156.08 Million |
| 2025 | -2.85% | -1.80% | 0.73x | 2.16x | NT$-290.23 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: $172,253,705,800
- Average return on equity (ROE) among peers: 6.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Megaforce Co Ltd (3294) | NT$2.31 Billion | 8.38% | 1.20x | $121.66 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 15.38% | 0.77x | $317.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.94 Billion |
| Delta Electronics Inc (2308) | $279.57 Billion | 12.60% | 0.90x | $139.94 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $8.45 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $906.02 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.34 Trillion | 9.66% | 1.53x | $109.10 Billion |
| Yageo Corp (2327) | $31.87 Billion | 13.01% | 0.58x | $35.20 Billion |
| Pan-International Industrial Corp (2328) | $5.27 Billion | 2.95% | 0.28x | $747.13 Million |
| Chin-Poon Industrial Co Ltd (2355) | $17.23 Billion | 6.57% | 0.37x | $509.70 Million |
| Solomon Technology Corp (2359) | $6.25 Billion | 2.31% | 0.59x | $699.19 Million |
About Megaforce Co Ltd
Megaforce Company Limited, together with its subsidiaries, engaged in the manufacture and sales of plastic injection mold, tooling, and general import and export trade in Asia, the Americas, and Europe. The company also offers photoelectric, optoelectronics, and AI application products. It engages in plastic components and precise molds; AR and optical technology development; product and commodit… Read more