Advanced Connection Technology (3492) - Net Assets
Based on the latest financial reports, Advanced Connection Technology (3492) has net assets worth NT$652.37 Million TWD (≈ $20.55 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$1.00 Billion ≈ $31.64 Million USD) and total liabilities (NT$351.89 Million ≈ $11.09 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 3492 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$652.37 Million |
| % of Total Assets | 64.96% |
| Annual Growth Rate | 2.46% |
| 5-Year Change | 21.25% |
| 10-Year Change | N/A |
| Growth Volatility | 4.91 |
Advanced Connection Technology - Net Assets Trend (2017–2025)
This chart illustrates how Advanced Connection Technology's net assets have evolved over time, based on quarterly financial data. Also explore Advanced Connection Technology assets under control for the complete picture of this company's asset base.
Annual Net Assets for Advanced Connection Technology (2017–2025)
The table below shows the annual net assets of Advanced Connection Technology from 2017 to 2025. For live valuation and market cap data, see 3492 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$652.37 Million ≈ $20.55 Million |
+4.08% |
| 2024-12-31 | NT$626.82 Million ≈ $19.75 Million |
+10.62% |
| 2023-12-31 | NT$566.64 Million ≈ $17.85 Million |
-3.66% |
| 2022-12-31 | NT$588.18 Million ≈ $18.53 Million |
+9.32% |
| 2021-12-31 | NT$538.03 Million ≈ $16.95 Million |
+2.15% |
| 2020-12-31 | NT$526.70 Million ≈ $16.59 Million |
-3.10% |
| 2019-12-31 | NT$543.52 Million ≈ $17.12 Million |
-0.31% |
| 2018-12-31 | NT$545.24 Million ≈ $17.18 Million |
+1.50% |
| 2017-12-31 | NT$537.18 Million ≈ $16.92 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 34.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$221.04 Million | 33.88% |
| Other Components | NT$431.33 Million | 66.12% |
| Total Equity | NT$652.37 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 |
|---|---|
|
Australian Rare EARTHS Ltd
AU:AR3
|
$25.24 Million |
|
Yesil Yatirim Holding AS
IS:YESIL
|
$25.28 Million |
|
Camellia Metal Co Ltd
TWO:2064
|
$25.34 Million |
|
NBEST Prime VIII Inmuebles Socimi SA
MC:YINB8
|
$25.34 Million |
|
Generic Engineering Construction and Projects Limited
NSE:GENCON
|
$25.24 Million |
|
KR Motors Co. Ltd.
KO:000040
|
$25.23 Million |
|
Atech OEM
TWO:6109
|
$25.21 Million |
|
M2N Co.Ltd
KQ:033310
|
$25.21 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 2024 to 2025, total equity changed from 626,817,000 to 652,374,000, a change of 25,557,000 (4.1%).
- Net income of 63,019,000 contributed positively to equity growth.
- Dividend payments of 35,532,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$63.02 Million | +9.66% |
| Dividends Paid | NT$35.53 Million | -5.45% |
| Other Changes | NT$-1.93 Million | -0.3% |
| Total Change | NT$- | 4.08% |
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: 1.23x
- 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 1.49x to 1.23x 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$22.55 | x |
| 2018-12-31 | NT$15.34 | NT$22.55 | x |
| 2019-12-31 | NT$15.23 | NT$22.55 | x |
| 2020-12-31 | NT$14.78 | NT$22.55 | x |
| 2021-12-31 | NT$15.10 | NT$22.55 | x |
| 2022-12-31 | NT$16.40 | NT$22.55 | x |
| 2023-12-31 | NT$15.87 | NT$22.55 | x |
| 2024-12-31 | NT$17.64 | NT$22.55 | x |
| 2025-12-31 | NT$18.36 | NT$22.55 | 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): 9.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.40%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.54x
- Recent ROE (9.66%) is above the historical average (7.91%), 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$-5.03 Million |
| 2025 | 9.66% | 7.40% | 0.85x | 1.54x | NT$-2.22 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: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Connection Technology (3492) | NT$652.37 Million | 13.74% | 0.54x | $25.24 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $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) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About 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