Acula Technology (3434) - Net Assets
Based on the latest financial reports, Acula Technology (3434) has net assets worth NT$466.10 Million TWD (≈ $14.68 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$713.29 Million ≈ $22.47 Million USD) and total liabilities (NT$247.18 Million ≈ $7.79 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 Acula Technology PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$466.10 Million |
| % of Total Assets | 65.35% |
| Annual Growth Rate | 9.87% |
| 5-Year Change | 94.09% |
| 10-Year Change | N/A |
| Growth Volatility | 14.53 |
Acula Technology - Net Assets Trend (2017–2025)
This chart illustrates how Acula Technology's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Acula Technology (3434) total market value.
Annual Net Assets for Acula Technology (2017–2025)
The table below shows the annual net assets of Acula Technology from 2017 to 2025. Also explore 3434 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$502.62 Million ≈ $15.84 Million |
+45.24% |
| 2024-12-31 | NT$346.05 Million ≈ $10.90 Million |
+14.09% |
| 2023-12-31 | NT$303.32 Million ≈ $9.56 Million |
+2.22% |
| 2022-12-31 | NT$296.72 Million ≈ $9.35 Million |
+14.58% |
| 2021-12-31 | NT$258.96 Million ≈ $8.16 Million |
+8.16% |
| 2020-12-31 | NT$239.42 Million ≈ $7.54 Million |
-6.76% |
| 2019-12-31 | NT$256.77 Million ≈ $8.09 Million |
+4.98% |
| 2018-12-31 | NT$244.58 Million ≈ $7.71 Million |
+3.35% |
| 2017-12-31 | NT$236.65 Million ≈ $7.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Acula Technology'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 46.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$20.50 Million | 4.08% |
| Other Components | NT$482.12 Million | 95.92% |
| Total Equity | NT$502.62 Million | 100.00% |
Acula Technology Competitors by Market Cap
The table below lists competitors of Acula Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PPAP Automotive Limited
NSE:PPAP
|
$36.73 Million |
|
Tingsvalvet Fastighets AB
ST:TINGS-A
|
$36.73 Million |
|
CervoMed Inc.
NASDAQ:CRVO
|
$36.74 Million |
|
Canterra Minerals Corporation
V:CTM
|
$36.74 Million |
|
JOSAPAR Joaquim Oliveira S.A. Participações
SA:JOPA3
|
$36.71 Million |
|
Everlast Minerals Ltd.
AU:EV8
|
$36.70 Million |
|
Heidelberger Beteiligungsholding AG
F:IPOK
|
$36.70 Million |
|
Novacyt
PA:ALNOV
|
$36.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Acula Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 346,052,000 to 502,617,000, a change of 156,565,000 (45.2%).
- Net income of 15,713,000 contributed positively to equity growth.
- Dividend payments of 14,600,000 reduced retained earnings.
- Other factors increased equity by 155,452,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$15.71 Million | +3.13% |
| Dividends Paid | NT$14.60 Million | -2.9% |
| Other Changes | NT$155.45 Million | +30.93% |
| Total Change | NT$- | 45.24% |
Book Value vs Market Value Analysis
This analysis compares Acula Technology'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: 2.32x
- 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 3.13x to 2.32x 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$10.43 | NT$32.60 | x |
| 2018-12-31 | NT$10.77 | NT$32.60 | x |
| 2019-12-31 | NT$11.31 | NT$32.60 | x |
| 2020-12-31 | NT$10.55 | NT$32.60 | x |
| 2021-12-31 | NT$11.41 | NT$32.60 | x |
| 2022-12-31 | NT$12.33 | NT$32.60 | x |
| 2023-12-31 | NT$9.98 | NT$32.60 | x |
| 2024-12-31 | NT$11.39 | NT$32.60 | x |
| 2025-12-31 | NT$14.06 | NT$32.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Acula Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.27%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.40x
- Recent ROE (3.13%) is below the historical average (5.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.43% | 0.15% | 1.24x | 2.31x | NT$-22.66 Million |
| 2018 | 3.04% | 1.01% | 1.41x | 2.13x | NT$-17.03 Million |
| 2019 | 7.38% | 2.73% | 1.36x | 1.99x | NT$-6.74 Million |
| 2020 | -4.24% | -1.95% | 1.02x | 2.14x | NT$-34.09 Million |
| 2021 | 7.20% | 2.33% | 1.48x | 2.08x | NT$-7.26 Million |
| 2022 | 13.58% | 5.27% | 1.39x | 1.85x | NT$10.63 Million |
| 2023 | 4.91% | 2.37% | 1.32x | 1.57x | NT$-15.44 Million |
| 2024 | 13.50% | 6.42% | 1.01x | 2.08x | NT$12.13 Million |
| 2025 | 3.13% | 2.27% | 0.99x | 1.40x | NT$-34.55 Million |
Industry Comparison
This section compares Acula Technology's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,095,059,600
- Average return on equity (ROE) among peers: 8.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Acula Technology (3434) | NT$466.10 Million | 0.43% | 0.53x | $36.72 Million |
| Solytech Enterprise Corp (1471) | $1.04 Billion | 37.96% | 0.53x | $44.36 Million |
| Lite-On Technology Corp (2301) | $79.24 Billion | 11.05% | 1.68x | $20.17 Billion |
| Microtek International Inc (2305) | $2.12 Billion | 12.16% | 0.47x | $374.92 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $1.47 Billion |
| CMC Magnetics Corp (2323) | $53.74 Billion | 0.00% | 0.78x | $330.51 Million |
| Compal Electronics Inc (2324) | $114.76 Billion | 6.06% | 2.33x | $5.06 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $16.21 Billion | 0.00% | 1.04x | $331.91 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $226.20 Million |
| Qisda Corp (2352) | $64.09 Billion | 4.64% | 1.94x | $1.45 Billion |
| Acer Inc (2353) | $64.49 Billion | 11.27% | 0.82x | $3.03 Billion |
About Acula Technology
ACULA Technology Corp. engages in the manufacturing, processing, import and export of computers and peripherals, and related components in Taiwan. The company offers AIO Touch Computer; touch screen; LCD monitor; PVM; healthcare and medical products; e-paper; and OEM/ ODM products; and video products, low vision systems, and terminal sales of computers. Its products are used for security surveill… Read more