Forcecon Technology Co Ltd (3483) - Net Assets
Based on the latest financial reports, Forcecon Technology Co Ltd (3483) has net assets worth NT$4.95 Billion TWD (≈ $156.03 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$9.33 Billion ≈ $293.96 Million USD) and total liabilities (NT$4.38 Billion ≈ $137.93 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. Also explore 3483 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.95 Billion |
| % of Total Assets | 53.08% |
| Annual Growth Rate | 6.96% |
| 5-Year Change | 54.59% |
| 10-Year Change | 151.36% |
| Growth Volatility | 9.91 |
Forcecon Technology Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Forcecon Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Forcecon Technology Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Forcecon Technology Co Ltd (2009–2025)
The table below shows the annual net assets of Forcecon Technology Co Ltd from 2009 to 2025. For live valuation and market cap data, see 3483 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.95 Billion ≈ $156.03 Million |
+1.16% |
| 2024-12-31 | NT$4.90 Billion ≈ $154.24 Million |
+20.01% |
| 2023-12-31 | NT$4.08 Billion ≈ $128.52 Million |
+15.99% |
| 2022-12-31 | NT$3.52 Billion ≈ $110.80 Million |
+9.78% |
| 2021-12-31 | NT$3.20 Billion ≈ $100.93 Million |
+18.15% |
| 2020-12-31 | NT$2.71 Billion ≈ $85.42 Million |
+32.94% |
| 2019-12-31 | NT$2.04 Billion ≈ $64.26 Million |
+8.09% |
| 2018-12-31 | NT$1.89 Billion ≈ $59.45 Million |
-1.59% |
| 2017-12-31 | NT$1.92 Billion ≈ $60.41 Million |
-2.68% |
| 2016-12-31 | NT$1.97 Billion ≈ $62.08 Million |
+2.06% |
| 2015-12-31 | NT$1.93 Billion ≈ $60.82 Million |
-4.60% |
| 2014-12-31 | NT$2.02 Billion ≈ $63.76 Million |
+1.97% |
| 2013-12-31 | NT$1.98 Billion ≈ $62.53 Million |
-3.45% |
| 2012-12-31 | NT$2.06 Billion ≈ $64.76 Million |
+3.77% |
| 2011-12-31 | NT$1.98 Billion ≈ $62.41 Million |
+6.43% |
| 2010-12-31 | NT$1.86 Billion ≈ $58.64 Million |
+10.32% |
| 2009-12-31 | NT$1.69 Billion ≈ $53.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Forcecon Technology 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 249.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.20 Billion | 24.26% |
| Other Components | NT$3.75 Billion | 75.74% |
| Total Equity | NT$4.95 Billion | 100.00% |
Forcecon Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Forcecon Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Squirrel Media SA
MC:SQRL
|
$229.27 Million |
|
Xxentria Technology Materials Co Ltd
TWO:8942
|
$229.29 Million |
|
Woori Technology Investment Co. Ltd
KQ:041190
|
$229.30 Million |
|
BenQ Materials Corp
TW:8215
|
$229.34 Million |
|
ACELYRIN, INC. Common Stock
NASDAQ:SLRN
|
$229.17 Million |
|
Petron Malaysia Refining Marketing
KLSE:3042
|
$229.12 Million |
|
Ledesma SAAI
BA:LEDE
|
$229.09 Million |
|
Hawthorn Bancshares Inc
NASDAQ:HWBK
|
$229.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forcecon Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,895,673,000 to 4,952,539,000, a change of 56,866,000 (1.2%).
- Net income of 369,669,000 contributed positively to equity growth.
- Dividend payments of 301,454,000 reduced retained earnings.
- Share repurchases of 76,521,000 reduced equity.
- New share issuances of 27,943,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$369.67 Million | +7.46% |
| Dividends Paid | NT$301.45 Million | -6.09% |
| Share Repurchases | NT$76.52 Million | -1.55% |
| Share Issuances | NT$27.94 Million | +0.56% |
| Other Changes | NT$37.23 Million | +0.75% |
| Total Change | NT$- | 1.16% |
Book Value vs Market Value Analysis
This analysis compares Forcecon Technology 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: 1.47x
- 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 2.60x to 1.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$28.52 | NT$74.20 | x |
| 2010-12-31 | NT$30.46 | NT$74.20 | x |
| 2011-12-31 | NT$28.97 | NT$74.20 | x |
| 2012-12-31 | NT$29.79 | NT$74.20 | x |
| 2013-12-31 | NT$29.10 | NT$74.20 | x |
| 2014-12-31 | NT$29.72 | NT$74.20 | x |
| 2015-12-31 | NT$28.66 | NT$74.20 | x |
| 2016-12-31 | NT$29.48 | NT$74.20 | x |
| 2017-12-31 | NT$28.39 | NT$74.20 | x |
| 2018-12-31 | NT$28.22 | NT$74.20 | x |
| 2019-12-31 | NT$30.58 | NT$74.20 | x |
| 2020-12-31 | NT$36.56 | NT$74.20 | x |
| 2021-12-31 | NT$41.59 | NT$74.20 | x |
| 2022-12-31 | NT$41.70 | NT$74.20 | x |
| 2023-12-31 | NT$49.09 | NT$74.20 | x |
| 2024-12-31 | NT$49.69 | NT$74.20 | x |
| 2025-12-31 | NT$50.42 | NT$74.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forcecon Technology 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): 7.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.11%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.88x
- Recent ROE (7.46%) is above the historical average (6.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 13.33% | 6.30% | 1.04x | 2.03x | NT$55.49 Million |
| 2010 | 0.25% | 0.14% | 0.96x | 1.93x | NT$-178.71 Million |
| 2011 | 1.13% | 0.65% | 0.88x | 1.97x | NT$-173.19 Million |
| 2012 | 6.86% | 3.80% | 1.03x | 1.76x | NT$-63.42 Million |
| 2013 | -3.28% | -2.22% | 0.83x | 1.77x | NT$-259.53 Million |
| 2014 | 0.32% | 0.21% | 0.81x | 1.88x | NT$-193.38 Million |
| 2015 | -1.85% | -1.29% | 0.77x | 1.87x | NT$-227.42 Million |
| 2016 | 6.42% | 3.57% | 0.89x | 2.02x | NT$-70.40 Million |
| 2017 | 0.31% | 0.15% | 0.97x | 2.11x | NT$-185.27 Million |
| 2018 | 2.25% | 0.97% | 1.06x | 2.19x | NT$-146.23 Million |
| 2019 | 8.59% | 3.63% | 1.08x | 2.20x | NT$-28.83 Million |
| 2020 | 10.89% | 5.04% | 0.91x | 2.37x | NT$24.26 Million |
| 2021 | 12.49% | 5.12% | 0.99x | 2.45x | NT$79.68 Million |
| 2022 | 14.18% | 6.72% | 1.01x | 2.08x | NT$147.00 Million |
| 2023 | 15.60% | 7.63% | 0.95x | 2.14x | NT$228.54 Million |
| 2024 | 14.23% | 7.74% | 0.90x | 2.03x | NT$206.96 Million |
| 2025 | 7.46% | 4.11% | 0.96x | 1.88x | NT$-125.58 Million |
Industry Comparison
This section compares Forcecon Technology Co Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $15,329,836,500
- Average return on equity (ROE) among peers: 5.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forcecon Technology Co Ltd (3483) | NT$4.95 Billion | 13.33% | 0.88x | $229.21 Million |
| China Wire & Cable Co Ltd (1603) | $5.13 Billion | 4.79% | 0.66x | $145.13 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $3.10 Billion | 8.82% | 0.75x | $231.30 Million |
| Synnex Technology International Corp (2347) | $14.92 Billion | 9.54% | 0.71x | $4.92 Billion |
| Foxconn Technology Co Ltd (2354) | $105.16 Billion | 4.05% | 0.28x | $2.52 Billion |
| Senao International Co Ltd (2450) | $2.55 Billion | 3.12% | 1.01x | $233.92 Million |
| Wah Lee Industrial Corp (3010) | $13.28 Billion | 10.66% | 1.59x | $919.54 Million |
| Weikeng Industrial Co Ltd (3033) | $3.43 Billion | 6.25% | 1.49x | $673.74 Million |
| Edom Technology Co Ltd (3048) | $2.28 Billion | 8.84% | 2.35x | $393.18 Million |
| MetaTech AP (3224) | $2.73 Billion | -4.83% | 0.20x | $86.16 Million |
| Sentronic International (3232) | $707.13 Million | 2.11% | 1.04x | $28.39 Million |
About Forcecon Technology Co Ltd
Forcecon Technology Co., Ltd. engages in the research, development, production, and sale of thermal management products in Taiwan and internationally. The company offers axial and blower fans; cold plate liquid cooling products; heat pipes; immersion cooling systems; slim vapor chambers; thermal modules; and vapor chambers. Its products are used in automotive, battery charging and storage, consum… Read more