Simula Technology
Simula Technology Inc. designs, manufactures, and sells connectors, cables, and accessories in Taiwan, China, the United States, Australia, the United Kingdom, Europe, Asia, and internationally. It offers audio and DC jacks; pogo pin series, M-series, and circular plastic and push-pull circular series; USB products; heavy duty connectors; plugs and receptacles; cable assemblies; customized soluti… Read more
Simula Technology (3511) - Net Assets
Latest net assets as of June 2025: NT$1.85 Billion TWD
Based on the latest financial reports, Simula Technology (3511) has net assets worth NT$1.85 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.44 Billion) and total liabilities (NT$586.40 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$1.85 Billion |
| % of Total Assets | 75.96% |
| Annual Growth Rate | 21.42% |
| 5-Year Change | 27.9% |
| 10-Year Change | N/A |
| Growth Volatility | 43.55 |
Simula Technology - Net Assets Trend (2017–2024)
This chart illustrates how Simula 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 Simula Technology (2017–2024)
The table below shows the annual net assets of Simula Technology from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.94 Billion | -6.84% |
| 2023-12-31 | NT$2.09 Billion | -16.30% |
| 2022-12-31 | NT$2.49 Billion | +11.77% |
| 2021-12-31 | NT$2.23 Billion | +46.76% |
| 2020-12-31 | NT$1.52 Billion | +24.02% |
| 2019-12-31 | NT$1.23 Billion | +123.57% |
| 2018-12-31 | NT$548.07 Million | +9.74% |
| 2017-12-31 | NT$499.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Simula 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 4692000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.49 Billion | 106.68% |
| Total Equity | NT$1.40 Billion | 100.00% |
Simula Technology Competitors by Market Cap
The table below lists competitors of Simula Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Téléverbier SA
PA:TVRB
|
$28.85 Million |
|
Northeast Group Berhad
KLSE:0325
|
$28.85 Million |
|
Apex Equity Holdings Bhd
KLSE:5088
|
$28.85 Million |
|
Hae In
KO:003010
|
$28.85 Million |
|
Yellow Balloon Tour Co. Ltd
KQ:104620
|
$28.84 Million |
|
Roto Pumps Limited
NSE:ROTO
|
$28.83 Million |
|
Budapesti Ingatlan Hasznositasi es Fejlesztesi Nyrt.
BUD:BIF
|
$28.82 Million |
|
AHES GMYO
IS:AHSGY
|
$28.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Simula Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,478,649,000 to 1,396,505,000, a change of -82,144,000 (-5.6%).
- Net loss of 100,874,000 reduced equity.
- Dividend payments of 10,960,000 reduced retained earnings.
- Other factors increased equity by 29,690,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-100.87 Million | -7.22% |
| Dividends Paid | NT$10.96 Million | -0.78% |
| Other Changes | NT$29.69 Million | +2.13% |
| Total Change | NT$- | -5.56% |
Book Value vs Market Value Analysis
This analysis compares Simula 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: 1.09x
- 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 1.86x to 1.09x 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$10.27 | NT$19.10 | x |
| 2018-12-31 | NT$11.49 | NT$19.10 | x |
| 2019-12-31 | NT$16.47 | NT$19.10 | x |
| 2020-12-31 | NT$20.67 | NT$19.10 | x |
| 2021-12-31 | NT$19.65 | NT$19.10 | x |
| 2022-12-31 | NT$21.85 | NT$19.10 | x |
| 2023-12-31 | NT$18.49 | NT$19.10 | x |
| 2024-12-31 | NT$17.46 | NT$19.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Simula Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.70%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.97x
- Recent ROE (-7.22%) is below the historical average (2.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -22.26% | -11.13% | 1.06x | 1.88x | NT$-151.14 Million |
| 2018 | 11.10% | 4.92% | 1.23x | 1.83x | NT$5.79 Million |
| 2019 | 18.52% | 11.24% | 1.11x | 1.49x | NT$70.09 Million |
| 2020 | 5.30% | 7.74% | 0.53x | 1.30x | NT$-70.61 Million |
| 2021 | 7.05% | 3.62% | 0.86x | 2.27x | NT$-46.43 Million |
| 2022 | 14.17% | 5.89% | 1.19x | 2.02x | NT$73.29 Million |
| 2023 | -5.64% | -4.09% | 0.77x | 1.78x | NT$-231.31 Million |
| 2024 | -7.22% | -5.70% | 0.64x | 1.97x | NT$-240.52 Million |
Industry Comparison
This section compares Simula 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 |
|---|---|---|---|---|
| Simula Technology (3511) | NT$1.85 Billion | -22.26% | 0.32x | $28.85 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 |