RoyalTek Co Ltd (3306) - Net Assets
Based on the latest financial reports, RoyalTek Co Ltd (3306) has net assets worth NT$3.32 Billion TWD (≈ $104.51 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.79 Billion ≈ $119.34 Million USD) and total liabilities (NT$470.54 Million ≈ $14.82 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 3306 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.32 Billion |
| % of Total Assets | 87.58% |
| Annual Growth Rate | 14.21% |
| 5-Year Change | 124.57% |
| 10-Year Change | N/A |
| Growth Volatility | 31.76 |
RoyalTek Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how RoyalTek Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore RoyalTek Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for RoyalTek Co Ltd (2017–2024)
The table below shows the annual net assets of RoyalTek Co Ltd from 2017 to 2024. For live valuation and market cap data, see 3306 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.40 Billion ≈ $107.19 Million |
+21.16% |
| 2023-12-31 | NT$2.81 Billion ≈ $88.46 Million |
+90.72% |
| 2022-12-31 | NT$1.47 Billion ≈ $46.38 Million |
-12.99% |
| 2021-12-31 | NT$1.69 Billion ≈ $53.31 Million |
+11.70% |
| 2020-12-31 | NT$1.51 Billion ≈ $47.73 Million |
+7.81% |
| 2019-12-31 | NT$1.41 Billion ≈ $44.27 Million |
+12.72% |
| 2018-12-31 | NT$1.25 Billion ≈ $39.28 Million |
-7.13% |
| 2017-12-31 | NT$1.34 Billion ≈ $42.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to RoyalTek 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 80.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$197.56 Million | 5.81% |
| Other Components | NT$3.20 Billion | 94.19% |
| Total Equity | NT$3.40 Billion | 100.00% |
RoyalTek Co Ltd Competitors by Market Cap
The table below lists competitors of RoyalTek Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immutep Limited
F:YP1A
|
$74.00 Million |
|
Bigbloc Construction Limited
NSE:BIGBLOC
|
$74.03 Million |
|
Ramssol Group Bhd
KLSE:0236
|
$74.07 Million |
|
YSP Southeast Asia Holding Bhd
KLSE:7178
|
$74.07 Million |
|
Pmv Pharmaceuticals Inc
NASDAQ:PMVP
|
$73.96 Million |
|
Anabatic Technologies Tbk PT
JK:ATIC
|
$73.94 Million |
|
CammSys Corp
KQ:050110
|
$73.90 Million |
|
Lin Horn Technology Co Ltd
TWO:5464
|
$73.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RoyalTek Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,807,920,000 to 3,402,215,000, a change of 594,295,000 (21.2%).
- Net income of 148,291,000 contributed positively to equity growth.
- Dividend payments of 65,790,000 reduced retained earnings.
- Other factors increased equity by 511,794,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$148.29 Million | +4.36% |
| Dividends Paid | NT$65.79 Million | -1.93% |
| Other Changes | NT$511.79 Million | +15.04% |
| Total Change | NT$- | 21.16% |
Book Value vs Market Value Analysis
This analysis compares RoyalTek 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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.75x to 0.69x 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$26.53 | NT$46.40 | x |
| 2018-12-31 | NT$24.63 | NT$46.40 | x |
| 2019-12-31 | NT$27.77 | NT$46.40 | x |
| 2020-12-31 | NT$29.87 | NT$46.40 | x |
| 2021-12-31 | NT$33.30 | NT$46.40 | x |
| 2022-12-31 | NT$29.01 | NT$46.40 | x |
| 2023-12-31 | NT$55.22 | NT$46.40 | x |
| 2024-12-31 | NT$67.23 | NT$46.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RoyalTek Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.13%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.11x
- Recent ROE (4.36%) is above the historical average (1.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -3.40% | -3.87% | 0.73x | 1.20x | NT$-179.91 Million |
| 2018 | 0.40% | 0.43% | 0.78x | 1.19x | NT$-119.63 Million |
| 2019 | 3.63% | 3.63% | 0.81x | 1.24x | NT$-89.46 Million |
| 2020 | 1.18% | 1.69% | 0.59x | 1.18x | NT$-133.62 Million |
| 2021 | 3.14% | 3.91% | 0.63x | 1.27x | NT$-116.05 Million |
| 2022 | 0.87% | 1.05% | 0.69x | 1.21x | NT$-134.44 Million |
| 2023 | 3.31% | 7.19% | 0.42x | 1.10x | NT$-187.96 Million |
| 2024 | 4.36% | 15.13% | 0.26x | 1.11x | NT$-191.93 Million |
Industry Comparison
This section compares RoyalTek Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $4,149,185,111
- Average return on equity (ROE) among peers: 10.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RoyalTek Co Ltd (3306) | NT$3.32 Billion | -3.40% | 0.14x | $73.98 Million |
| Chroma ATE Inc (2360) | $6.48 Billion | 23.72% | 0.53x | $28.29 Billion |
| Good Will Instrument Co Ltd (2423) | $2.43 Billion | 11.91% | 0.44x | $262.76 Million |
| Test Research Inc (3030) | $8.28 Billion | 22.18% | 0.22x | $2.55 Billion |
| Altek Corp (3059) | $10.82 Billion | 1.77% | 0.76x | $389.97 Million |
| Globalsat Worldcom (3499) | $620.88 Million | 1.30% | 0.65x | $26.84 Million |
| Materials Analysis Technology (3587) | $2.72 Billion | 9.04% | 0.57x | $700.15 Million |
| FineTek Co Ltd (4549) | $1.70 Billion | 19.06% | 0.33x | $178.69 Million |
| Sysgration Ltd (5309) | $3.29 Billion | 3.53% | 0.55x | $383.52 Million |
| Kingwaytek Technology Co Ltd (6516) | $996.40 Million | 4.62% | 0.13x | $106.96 Million |
About RoyalTek Co Ltd
RoyalTek Company Ltd. provides satellite positioning and wireless communication technologies in Taiwan, Japan, the United States, and internationally. It also provides advanced solutions for location awareness, such as GNSS positioning, dead reckoning, and BLE/UWB location tracking and positioning; automotive radar, such as ADAS solution, commercial/industrial solution, and safety solution; AI vi… Read more