New Advanced Electronics Technologies Co Ltd (3465) - Net Assets
Based on the latest financial reports, New Advanced Electronics Technologies Co Ltd (3465) has net assets worth NT$820.19 Million TWD (≈ $25.84 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$2.01 Billion ≈ $63.32 Million USD) and total liabilities (NT$1.19 Billion ≈ $37.48 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 New Advanced Electronics Technologies Co strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$820.19 Million |
| % of Total Assets | 40.81% |
| Annual Growth Rate | 69.56% |
| 5-Year Change | 75.37% |
| 10-Year Change | N/A |
| Growth Volatility | 306.47 |
New Advanced Electronics Technologies Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how New Advanced Electronics Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of New Advanced Electronics Technologies Co.
Annual Net Assets for New Advanced Electronics Technologies Co Ltd (2017–2024)
The table below shows the annual net assets of New Advanced Electronics Technologies Co Ltd from 2017 to 2024. Also explore 3465 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$928.88 Million ≈ $29.26 Million |
+2.83% |
| 2023-12-31 | NT$903.33 Million ≈ $28.46 Million |
+13.27% |
| 2022-12-31 | NT$797.47 Million ≈ $25.12 Million |
-4.97% |
| 2021-12-31 | NT$839.20 Million ≈ $26.44 Million |
+58.44% |
| 2020-12-31 | NT$529.68 Million ≈ $16.69 Million |
+881.27% |
| 2019-12-31 | NT$53.98 Million ≈ $1.70 Million |
-38.63% |
| 2018-12-31 | NT$87.95 Million ≈ $2.77 Million |
+281.63% |
| 2017-12-31 | NT$23.05 Million ≈ $726.11K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to New Advanced Electronics Technologies 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 23219300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$113.83 Million | 13.26% |
| Other Components | NT$744.87 Million | 86.74% |
| Total Equity | NT$858.69 Million | 100.00% |
New Advanced Electronics Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of New Advanced Electronics Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sharps Technology Inc
NASDAQ:STSS
|
$32.46 Million |
|
Far East Gold Ltd
AU:FEG
|
$32.46 Million |
|
STOCK3 AG NA O.N.
XETRA:BOG
|
$32.48 Million |
|
NextNRG Inc.
NASDAQ:NXXT
|
$32.48 Million |
|
Shanghai Material Trading Co Ltd B
SHG:900927
|
$32.44 Million |
|
Nova MSC Bhd
KLSE:0026
|
$32.44 Million |
|
Dental Corporation Public Company Limited
BK:D
|
$32.42 Million |
|
Anli International Co Ltd
TWO:5223
|
$32.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Advanced Electronics Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 828,218,000 to 858,691,000, a change of 30,473,000 (3.7%).
- Net income of 27,579,000 contributed positively to equity growth.
- Dividend payments of 35,330,000 reduced retained earnings.
- Other factors increased equity by 38,224,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$27.58 Million | +3.21% |
| Dividends Paid | NT$35.33 Million | -4.11% |
| Other Changes | NT$38.22 Million | +4.45% |
| Total Change | NT$- | 3.68% |
Book Value vs Market Value Analysis
This analysis compares New Advanced Electronics Technologies 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: 1.20x
- 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 16.64x to 1.20x 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$1.75 | NT$29.15 | x |
| 2018-12-31 | NT$4.16 | NT$29.15 | x |
| 2019-12-31 | NT$2.35 | NT$29.15 | x |
| 2020-12-31 | NT$12.07 | NT$29.15 | x |
| 2021-12-31 | NT$23.70 | NT$29.15 | x |
| 2022-12-31 | NT$22.59 | NT$29.15 | x |
| 2023-12-31 | NT$23.90 | NT$29.15 | x |
| 2024-12-31 | NT$24.30 | NT$29.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Advanced Electronics Technologies Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.74%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.34x
- Recent ROE (3.21%) is above the historical average (-17.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -139.25% | -60.63% | 1.24x | 1.86x | NT$-34.40 Million |
| 2018 | -21.85% | -165.67% | 0.13x | 1.05x | NT$-28.01 Million |
| 2019 | -76.96% | -778.75% | 0.09x | 1.09x | NT$-43.22 Million |
| 2020 | 12.91% | 13.26% | 0.51x | 1.92x | NT$10.49 Million |
| 2021 | 63.15% | 17.03% | 1.27x | 2.92x | NT$442.92 Million |
| 2022 | 15.17% | 7.72% | 0.82x | 2.39x | NT$37.84 Million |
| 2023 | 1.45% | 0.97% | 0.71x | 2.10x | NT$-70.84 Million |
| 2024 | 3.21% | 1.74% | 0.79x | 2.34x | NT$-58.29 Million |
Industry Comparison
This section compares New Advanced Electronics Technologies Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $4,071,382,700
- Average return on equity (ROE) among peers: 11.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Advanced Electronics Technologies Co Ltd (3465) | NT$820.19 Million | -139.25% | 1.45x | $32.45 Million |
| Lung Hwa Electronics Co Ltd (2424) | $434.21 Million | 0.00% | 0.15x | $15.98 Million |
| Merry Electronics Co Ltd (2439) | $6.10 Billion | 20.39% | 0.63x | $623.93 Million |
| Taiwan Line Tek Electronic Co Ltd (2462) | $1.40 Billion | 18.37% | 1.13x | $91.92 Million |
| Meiloon Industrial Co Ltd (2477) | $3.74 Billion | 7.09% | 0.44x | $108.91 Million |
| Hanpin Electron Co Ltd (2488) | $2.33 Billion | 13.22% | 0.42x | $122.49 Million |
| Amtran Technology Co Ltd (2489) | $14.88 Billion | 11.76% | 0.48x | $792.76 Million |
| HTC Corp (2498) | $4.37 Billion | 33.55% | 1.19x | $1.05 Billion |
| Action Electronics Co Ltd (3024) | $2.83 Billion | 3.24% | 0.63x | $126.61 Million |
| Global View Co Ltd (3040) | $1.91 Billion | 2.65% | 0.13x | $64.11 Million |
| U-Tech Media Corp (3050) | $2.72 Billion | 3.79% | 0.87x | $54.44 Million |
About New Advanced Electronics Technologies Co Ltd
New Advanced Electronics Technologies Co., Ltd. engages in the production of speakers and other related products in the United States, Japan, Canada, and Germany. Its products include powered, bookshelf, surround, in wall/in ceiling, outdoor, and wireless/tetherless speakers; floorstanders; center channels; home theaters; tweeters; transducers; amplifiers; crossovers; and LCR systems. The company… Read more