Advanced Connection Technology
Advanced Connection Technology Inc. engages in the design, manufacture, and sale of connectors and cable assemblies in Taiwan. Its connector products include USB type C, USB, HDMI, USCAR, and OBD connectors; and cable products comprise USB type C, USB, HDMI, USCAR, OBD, vehicle, din, power, RCA, and coaxial cables, as well as USB chargers. The company also provides modules; antennas; and WATERPRO… Read more
Advanced Connection Technology (3492) - Net Assets
Latest net assets as of September 2025: NT$627.89 Million TWD
Based on the latest financial reports, Advanced Connection Technology (3492) has net assets worth NT$627.89 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$917.73 Million) and total liabilities (NT$289.83 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$627.89 Million |
| % of Total Assets | 68.42% |
| Annual Growth Rate | 2.23% |
| 5-Year Change | 19.01% |
| 10-Year Change | N/A |
| Growth Volatility | 5.22 |
Advanced Connection Technology - Net Assets Trend (2017–2024)
This chart illustrates how Advanced Connection Technology's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Advanced Connection Technology (2017–2024)
The table below shows the annual net assets of Advanced Connection Technology from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$626.82 Million | +10.62% |
| 2023-12-31 | NT$566.64 Million | -3.66% |
| 2022-12-31 | NT$588.18 Million | +9.32% |
| 2021-12-31 | NT$538.03 Million | +2.15% |
| 2020-12-31 | NT$526.70 Million | -3.10% |
| 2019-12-31 | NT$543.52 Million | -0.31% |
| 2018-12-31 | NT$545.24 Million | +1.50% |
| 2017-12-31 | NT$537.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advanced Connection 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 12.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$185.24 Million | 29.55% |
| Other Components | NT$441.58 Million | 70.45% |
| Total Equity | NT$626.82 Million | 100.00% |
Advanced Connection Technology Competitors by Market Cap
The table below lists competitors of Advanced Connection Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rubfila International Limited
NSE:RUBFILA
|
$13.93 Million |
|
Compañía Minera Autlán S.A.B. de C.V
MX:AUTLANB
|
$13.94 Million |
|
DOD Biotech Public Company Limited
BK:DOD
|
$13.94 Million |
|
ZJK Industrial Co., Ltd
NASDAQ:ZJK
|
$13.94 Million |
|
IDP Corp Ltd.
KQ:332370
|
$13.92 Million |
|
Korea Eng Cons
KO:023350
|
$13.92 Million |
|
Ctac N.V
AS:CTAC
|
$13.92 Million |
|
PJX Resources Inc
OTCQB:PJXRF
|
$13.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Connection Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 566,637,000 to 626,817,000, a change of 60,180,000 (10.6%).
- Net income of 57,654,000 contributed positively to equity growth.
- Dividend payments of 11,726,000 reduced retained earnings.
- Other factors increased equity by 14,252,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$57.65 Million | +9.2% |
| Dividends Paid | NT$11.73 Million | -1.87% |
| Other Changes | NT$14.25 Million | +2.27% |
| Total Change | NT$- | 10.62% |
Book Value vs Market Value Analysis
This analysis compares Advanced Connection 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: 1.41x
- 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 1.64x to 1.41x 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$15.12 | NT$24.85 | x |
| 2018-12-31 | NT$15.34 | NT$24.85 | x |
| 2019-12-31 | NT$15.23 | NT$24.85 | x |
| 2020-12-31 | NT$14.78 | NT$24.85 | x |
| 2021-12-31 | NT$15.10 | NT$24.85 | x |
| 2022-12-31 | NT$16.40 | NT$24.85 | x |
| 2023-12-31 | NT$15.87 | NT$24.85 | x |
| 2024-12-31 | NT$17.64 | NT$24.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Connection 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): 9.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.09%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.57x
- Recent ROE (9.20%) is above the historical average (7.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.74% | 7.38% | 1.03x | 1.80x | NT$20.09 Million |
| 2018 | 11.92% | 8.04% | 0.94x | 1.57x | NT$10.48 Million |
| 2019 | 7.83% | 5.63% | 0.86x | 1.61x | NT$-11.78 Million |
| 2020 | 2.84% | 2.22% | 0.79x | 1.63x | NT$-37.69 Million |
| 2021 | 3.31% | 2.38% | 0.87x | 1.59x | NT$-36.00 Million |
| 2022 | 8.74% | 6.85% | 0.82x | 1.56x | NT$-7.42 Million |
| 2023 | 3.94% | 3.09% | 0.77x | 1.65x | NT$-34.34 Million |
| 2024 | 9.20% | 7.09% | 0.83x | 1.57x | NT$-5.03 Million |
Industry Comparison
This section compares Advanced Connection Technology's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $187,867,240,100
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Connection Technology (3492) | NT$627.89 Million | 13.74% | 0.46x | $13.93 Million |
| Syncmold Enterprise Corp (1582) | $4.29 Billion | 16.99% | 0.69x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.39 Billion | 0.00% | 0.90x | $1.40 Billion |
| Delta Electronics Inc (2308) | $325.39 Billion | 20.88% | 0.97x | $80.57 Billion |
| Compeq Manufacturing Co Ltd (2313) | $14.23 Billion | 2.16% | 1.01x | $6.72 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $76.45 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $561.22 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $460.73 Million |
| Solomon Technology Corp (2359) | $5.33 Billion | 8.60% | 0.59x | $417.90 Million |
| Unitech Printed Circuit Board Corp (2367) | $8.30 Billion | -8.42% | 1.39x | $1.40 Billion |
| Gold Circuit Electronics Ltd (2368) | $7.17 Billion | 1.81% | 1.92x | $8.82 Billion |