Avalue Technology (3479) - Net Assets
Based on the latest financial reports, Avalue Technology (3479) has net assets worth NT$3.98 Billion TWD (≈ $125.54 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.86 Billion ≈ $247.66 Million USD) and total liabilities (NT$3.88 Billion ≈ $122.12 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 3479 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.98 Billion |
| % of Total Assets | 50.69% |
| Annual Growth Rate | 7.53% |
| 5-Year Change | 52.82% |
| 10-Year Change | N/A |
| Growth Volatility | 7.08 |
Avalue Technology - Net Assets Trend (2017–2025)
This chart illustrates how Avalue Technology's net assets have evolved over time, based on quarterly financial data. Also explore Avalue Technology balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Avalue Technology (2017–2025)
The table below shows the annual net assets of Avalue Technology from 2017 to 2025. For live valuation and market cap data, see Avalue Technology market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.98 Billion ≈ $125.54 Million |
+4.11% |
| 2024-12-31 | NT$3.83 Billion ≈ $120.59 Million |
+8.90% |
| 2023-12-31 | NT$3.51 Billion ≈ $110.73 Million |
+10.76% |
| 2022-12-31 | NT$3.17 Billion ≈ $99.97 Million |
+21.69% |
| 2021-12-31 | NT$2.61 Billion ≈ $82.15 Million |
+1.64% |
| 2020-12-31 | NT$2.57 Billion ≈ $80.83 Million |
-2.36% |
| 2019-12-31 | NT$2.63 Billion ≈ $82.78 Million |
+13.20% |
| 2018-12-31 | NT$2.32 Billion ≈ $73.13 Million |
+4.11% |
| 2017-12-31 | NT$2.23 Billion ≈ $70.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Avalue 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 144.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.04 Billion | 30.76% |
| Other Components | NT$2.34 Billion | 69.24% |
| Total Equity | NT$3.38 Billion | 100.00% |
Avalue Technology Competitors by Market Cap
The table below lists competitors of Avalue Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mayfield Group Holdings Ltd
AU:MYG
|
$207.53 Million |
|
Saniona AB
ST:SANION
|
$207.66 Million |
|
TYM Corporation
KO:002900
|
$207.74 Million |
|
Brogent Technologies
TWO:5263
|
$207.84 Million |
|
Triplepoint Venture Growth BDC Corp
NYSE:TPVG
|
$207.31 Million |
|
Kaltura Inc
NASDAQ:KLTR
|
$207.16 Million |
|
HMS Bergbau AG
XETRA:HMU
|
$207.16 Million |
|
BVZ Holding AG
SW:BVZN
|
$207.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avalue Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,384,170,000 to 3,379,650,000, a change of -4,520,000 (-0.1%).
- Net income of 467,821,000 contributed positively to equity growth.
- Dividend payments of 377,280,000 reduced retained earnings.
- Other factors decreased equity by 95,061,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$467.82 Million | +13.84% |
| Dividends Paid | NT$377.28 Million | -11.16% |
| Other Changes | NT$-95.06 Million | -2.81% |
| Total Change | NT$- | -0.13% |
Book Value vs Market Value Analysis
This analysis compares Avalue 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: 1.95x
- 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 1.95x 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$28.96 | NT$90.70 | x |
| 2018-12-31 | NT$30.21 | NT$90.70 | x |
| 2019-12-31 | NT$33.96 | NT$90.70 | x |
| 2020-12-31 | NT$32.51 | NT$90.70 | x |
| 2021-12-31 | NT$32.83 | NT$90.70 | x |
| 2022-12-31 | NT$39.28 | NT$90.70 | x |
| 2023-12-31 | NT$42.80 | NT$90.70 | x |
| 2024-12-31 | NT$46.81 | NT$90.70 | x |
| 2025-12-31 | NT$46.58 | NT$90.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avalue 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): 13.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.52%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 2.33x
- Recent ROE (13.84%) is below the historical average (14.28%), 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 | 11.40% | 4.71% | 1.45x | 1.66x | NT$28.02 Million |
| 2018 | 11.69% | 4.86% | 1.46x | 1.64x | NT$35.22 Million |
| 2019 | 19.32% | 7.49% | 1.44x | 1.79x | NT$221.95 Million |
| 2020 | 9.68% | 4.78% | 1.30x | 1.56x | NT$-7.34 Million |
| 2021 | 8.82% | 4.19% | 1.08x | 1.95x | NT$-27.53 Million |
| 2022 | 19.74% | 7.11% | 1.44x | 1.92x | NT$276.28 Million |
| 2023 | 19.30% | 7.32% | 1.47x | 1.80x | NT$290.41 Million |
| 2024 | 14.69% | 6.54% | 1.14x | 1.98x | NT$158.66 Million |
| 2025 | 13.84% | 5.52% | 1.08x | 2.33x | NT$129.86 Million |
Industry Comparison
This section compares Avalue 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 |
|---|---|---|---|---|
| Avalue Technology (3479) | NT$3.98 Billion | 11.40% | 0.97x | $207.33 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 Avalue Technology
Avalue Technology Incorporation engages in the production, processing, and sale of industrial computers in Taiwan, the Americas, Europe, Asia, and internationally. It operates through embedded computer and industrial computer segments. The company offers industrial computers and integrated peripherals such as industrial and embedded motherboards; computer-on-module products for critical or indust… Read more