Acula Technology (3434) - Net Assets
Based on the latest financial reports, Acula Technology (3434) has net assets worth NT$485.86 Million TWD (≈ $15.31 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$817.91 Million ≈ $25.77 Million USD) and total liabilities (NT$332.05 Million ≈ $10.46 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 (3434) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$485.86 Million |
| % of Total Assets | 59.4% |
| Annual Growth Rate | 5.58% |
| 5-Year Change | 44.54% |
| 10-Year Change | N/A |
| Growth Volatility | 6.85 |
Acula Technology - Net Assets Trend (2017–2024)
This chart illustrates how Acula Technology's net assets have evolved over time, based on quarterly financial data. Also explore how large is Acula Technology's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Acula Technology (2017–2024)
The table below shows the annual net assets of Acula Technology from 2017 to 2024. For live valuation and market cap data, see 3434 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 268.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$51.72 Million | 14.95% |
| Other Components | NT$294.33 Million | 85.05% |
| Total Equity | NT$346.05 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 |
|---|---|
|
Christiani & Nielsen (Thai) Public Company Limited
BK:CNT
|
$32.68 Million |
|
V-Tac Technology Co Ltd
TWO:6229
|
$32.68 Million |
|
PIMS Inc.
KQ:347770
|
$32.68 Million |
|
Berentzen Gruppe AG
XETRA:BEZ
|
$32.69 Million |
|
Samwha Elec
KO:011230
|
$32.66 Million |
|
WOOJUNG BIO Inc
KQ:215380
|
$32.65 Million |
|
Destination XL Group Inc
NASDAQ:DXLG
|
$32.63 Million |
|
NU World Holdings Ltd
JSE:NWL
|
$32.61 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 2023 to 2024, total equity changed from 303,323,000 to 346,052,000, a change of 42,729,000 (14.1%).
- Net income of 46,734,000 contributed positively to equity growth.
- Dividend payments of 4,062,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$46.73 Million | +13.5% |
| Dividends Paid | NT$4.06 Million | -1.17% |
| Other Changes | NT$57.00K | +0.02% |
| Total Change | NT$- | 14.09% |
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: 2.55x
- 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 2.78x to 2.55x 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$29.00 | x |
| 2018-12-31 | NT$10.77 | NT$29.00 | x |
| 2019-12-31 | NT$11.31 | NT$29.00 | x |
| 2020-12-31 | NT$10.55 | NT$29.00 | x |
| 2021-12-31 | NT$11.41 | NT$29.00 | x |
| 2022-12-31 | NT$12.33 | NT$29.00 | x |
| 2023-12-31 | NT$9.98 | NT$29.00 | x |
| 2024-12-31 | NT$11.39 | NT$29.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Acula Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.50%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.42%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 2.08x
- Recent ROE (13.50%) is above the historical average (5.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.43% | 0.15% | 1.24x | 2.31x | NT$-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 |
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: $37,332,807,700
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Acula Technology (3434) | NT$485.86 Million | 0.43% | 0.68x | $32.67 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About Acula Technology
ACULA Technology Corp. engages in the manufacturing, processing, import and export, and trading of various computer and peripheral equipment in Taiwan. It offers touch computer and monitor, LCD, E-paper, healthcare, PVM, and medical; and OEM or ODM display products, as well as low-vision systems and point-of-sale computers. The company serves security surveillance, industrial, medical display, an… Read more