Utechzone Co Ltd (3455) - Net Assets
Based on the latest financial reports, Utechzone Co Ltd (3455) has net assets worth NT$2.47 Billion TWD (≈ $77.77 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.91 Billion ≈ $123.13 Million USD) and total liabilities (NT$1.44 Billion ≈ $45.36 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 Utechzone Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.47 Billion |
| % of Total Assets | 63.16% |
| Annual Growth Rate | 5.39% |
| 5-Year Change | 20.94% |
| 10-Year Change | N/A |
| Growth Volatility | 7.14 |
Utechzone Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Utechzone Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 3455 total assets for the complete picture of this company's asset base.
Annual Net Assets for Utechzone Co Ltd (2017–2024)
The table below shows the annual net assets of Utechzone Co Ltd from 2017 to 2024. For live valuation and market cap data, see 3455 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.67 Billion ≈ $84.06 Million |
+0.57% |
| 2023-12-31 | NT$2.65 Billion ≈ $83.58 Million |
-6.84% |
| 2022-12-31 | NT$2.85 Billion ≈ $89.72 Million |
+17.81% |
| 2021-12-31 | NT$2.42 Billion ≈ $76.16 Million |
+9.57% |
| 2020-12-31 | NT$2.21 Billion ≈ $69.51 Million |
+3.49% |
| 2019-12-31 | NT$2.13 Billion ≈ $67.16 Million |
+8.13% |
| 2018-12-31 | NT$1.97 Billion ≈ $62.11 Million |
+6.70% |
| 2017-12-31 | NT$1.85 Billion ≈ $58.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Utechzone 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 164.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.28 Billion | 48.09% |
| Other Components | NT$1.38 Billion | 51.91% |
| Total Equity | NT$2.67 Billion | 100.00% |
Utechzone Co Ltd Competitors by Market Cap
The table below lists competitors of Utechzone Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ho Chi Minh City Infrastructure Investment JSC
VN:CII
|
$458.26 Million |
|
Larvotto Resources Ltd
AU:LRV
|
$458.33 Million |
|
Importadora y Exportadora de la Patagonia SA
BA:PATA
|
$458.39 Million |
|
Yaxing Chem
SHG:600319
|
$458.41 Million |
|
Allied Electronics Corporation Ltd
JSE:AEL
|
$458.09 Million |
|
Origin Enterprises Plc
IR:OIZ
|
$458.08 Million |
|
Automotive Properties Real Estate Investment Trust
TO:APR-UN
|
$458.05 Million |
|
Northern Arc Capital Ltd
NSE:NORTHARC
|
$457.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Utechzone Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,652,823,000 to 2,668,067,000, a change of 15,244,000 (0.6%).
- Net income of 316,558,000 contributed positively to equity growth.
- Dividend payments of 299,253,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$316.56 Million | +11.86% |
| Dividends Paid | NT$299.25 Million | -11.22% |
| Other Changes | NT$-2.06 Million | -0.08% |
| Total Change | NT$- | 0.57% |
Book Value vs Market Value Analysis
This analysis compares Utechzone 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: 5.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8.08x to 5.45x 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$30.06 | NT$243.00 | x |
| 2018-12-31 | NT$32.94 | NT$243.00 | x |
| 2019-12-31 | NT$35.62 | NT$243.00 | x |
| 2020-12-31 | NT$36.34 | NT$243.00 | x |
| 2021-12-31 | NT$39.82 | NT$243.00 | x |
| 2022-12-31 | NT$46.39 | NT$243.00 | x |
| 2023-12-31 | NT$43.71 | NT$243.00 | x |
| 2024-12-31 | NT$44.58 | NT$243.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Utechzone Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.09%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.58x
- Recent ROE (11.86%) is below the historical average (15.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 9.16% | 6.03% | 0.77x | 1.96x | NT$-15.55 Million |
| 2018 | 14.78% | 9.35% | 0.80x | 1.98x | NT$94.18 Million |
| 2019 | 17.10% | 15.08% | 0.62x | 1.84x | NT$151.30 Million |
| 2020 | 10.94% | 10.48% | 0.59x | 1.78x | NT$20.69 Million |
| 2021 | 18.57% | 16.25% | 0.68x | 1.69x | NT$207.25 Million |
| 2022 | 26.37% | 23.84% | 0.63x | 1.77x | NT$466.07 Million |
| 2023 | 11.85% | 15.63% | 0.44x | 1.73x | NT$48.95 Million |
| 2024 | 11.86% | 17.09% | 0.44x | 1.58x | NT$49.75 Million |
Industry Comparison
This section compares Utechzone Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $180,200,345,300
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Utechzone Co Ltd (3455) | NT$2.47 Billion | 9.16% | 0.58x | $458.21 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $6.49 Billion | 0.00% | 1.01x | $1.78 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $27.35 Billion | 2.10% | 0.67x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.49 Billion | 6.90% | 0.48x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.10 Billion | 9.66% | 0.65x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.90 Billion | 3.31% | 0.21x | $642.50 Million |
About Utechzone Co Ltd
Utechzone Co., Ltd. researches, develops, manufactures, and sells automatic optical inspection systems and equipment in Taiwan. It offers printed circuit board inspection, flat panel display inspection, semiconductor inspection, and other inspection products, as well as IC Substrate and LCD; eye-tracking system; security system; and interactive media system. The company was founded in 1992 and is… Read more