Usun Technology Co Ltd
Usun Technology Co., Ltd., together with its subsidiaries, designs, produces, and maintains automation equipment in Taiwan, China, and internationally. The company offers advanced process equipment system, including OCA laminator, 3D automatic laminator, OCR laminator, G10 glass dense unpack, slit coater, thin film coating system, vacuum chamber dryer, and demura+gamma turing machine; non-standar… Read more
Usun Technology Co Ltd (3498) - Net Assets
Latest net assets as of September 2025: NT$2.11 Billion TWD
Based on the latest financial reports, Usun Technology Co Ltd (3498) has net assets worth NT$2.11 Billion 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$3.32 Billion) and total liabilities (NT$1.21 Billion). 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$2.11 Billion |
| % of Total Assets | 63.66% |
| Annual Growth Rate | -4.97% |
| 5-Year Change | -2.11% |
| 10-Year Change | N/A |
| Growth Volatility | 6.37 |
Usun Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Usun Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Usun Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Usun Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.22 Billion | -4.41% |
| 2023-12-31 | NT$2.33 Billion | -2.41% |
| 2022-12-31 | NT$2.38 Billion | +3.20% |
| 2021-12-31 | NT$2.31 Billion | +1.67% |
| 2020-12-31 | NT$2.27 Billion | -3.75% |
| 2019-12-31 | NT$2.36 Billion | -15.91% |
| 2018-12-31 | NT$2.81 Billion | -11.67% |
| 2017-12-31 | NT$3.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Usun 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 decreased by 104.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$2.26 Billion | 101.93% |
| Total Equity | NT$2.22 Billion | 100.00% |
Usun Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Usun Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Yayi Metal Technology Co.Ltd
SHE:301113
|
$89.05 Million |
|
Pou Sheng International (Holdings) Limited
F:P5C
|
$89.08 Million |
|
Tainergy Tech Co Ltd
TW:4934
|
$89.09 Million |
|
Far East Consortium International Limited
F:FET
|
$89.14 Million |
|
AVerMedia Technologies Inc
TW:2417
|
$89.03 Million |
|
Cubic Digital Technology Co Ltd
SHE:300344
|
$88.99 Million |
|
Marine Electricals (India) Limited
NSE:MARINE
|
$88.97 Million |
|
Lucky Cement Co
TW:1108
|
$88.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Usun Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,323,725,000 to 2,222,020,000, a change of -101,705,000 (-4.4%).
- Net loss of 151,122,000 reduced equity.
- Other factors increased equity by 49,417,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-151.12 Million | -6.8% |
| Other Changes | NT$49.42 Million | +2.22% |
| Total Change | NT$- | -4.38% |
Book Value vs Market Value Analysis
This analysis compares Usun 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: 1.98x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.46x to 1.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$49.85 | NT$72.80 | x |
| 2018-12-31 | NT$44.51 | NT$72.80 | x |
| 2019-12-31 | NT$37.46 | NT$72.80 | x |
| 2020-12-31 | NT$36.47 | NT$72.80 | x |
| 2021-12-31 | NT$37.60 | NT$72.80 | x |
| 2022-12-31 | NT$38.53 | NT$72.80 | x |
| 2023-12-31 | NT$38.47 | NT$72.80 | x |
| 2024-12-31 | NT$36.78 | NT$72.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Usun Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.96%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.43x
- Recent ROE (-6.80%) is below the historical average (-3.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.32% | 3.83% | 0.46x | 1.32x | NT$-243.54 Million |
| 2018 | -1.81% | -2.65% | 0.45x | 1.52x | NT$-330.64 Million |
| 2019 | -18.41% | -29.36% | 0.41x | 1.51x | NT$-668.96 Million |
| 2020 | -1.59% | -1.89% | 0.53x | 1.58x | NT$-262.67 Million |
| 2021 | 0.72% | 1.13% | 0.37x | 1.72x | NT$-214.02 Million |
| 2022 | 4.31% | 5.90% | 0.46x | 1.61x | NT$-135.41 Million |
| 2023 | -6.29% | -12.20% | 0.39x | 1.33x | NT$-378.64 Million |
| 2024 | -6.80% | -15.96% | 0.30x | 1.43x | NT$-373.32 Million |
Industry Comparison
This section compares Usun Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $13,532,689,500
- Average return on equity (ROE) among peers: 12.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Usun Technology Co Ltd (3498) | NT$2.11 Billion | 2.32% | 0.57x | $89.05 Million |
| TECO Electric & Machinery Co Ltd (1504) | $61.70 Billion | 5.22% | 0.61x | $3.79 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $19.24 Billion | 18.82% | 1.56x | $1.96 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $87.63 Million |
| Awea Mechantronic Co Ltd (1530) | $3.16 Billion | 4.15% | 0.97x | $20.63 Million |
| Kaulin Mfg (1531) | $4.60 Billion | 7.11% | 0.29x | $39.04 Million |
| Chiu Ting Machinery Co Ltd (1539) | $990.48 Million | 22.54% | 1.99x | $14.13 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.20 Billion | 23.81% | 0.57x | $45.90 Million |
| Sinmag Equipment (1580) | $2.98 Billion | 20.23% | 0.34x | $131.61 Million |
| Goodway Machine Corp (1583) | $4.00 Billion | 10.09% | 1.15x | $28.04 Million |
| Airtac International Group (1590) | $35.15 Billion | 18.33% | 0.36x | $3.89 Billion |