Simula Technology (3511) - Net Assets
Based on the latest financial reports, Simula Technology (3511) has net assets worth NT$1.85 Billion TWD (≈ $58.37 Million USD) 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 ≈ $76.85 Million USD) and total liabilities (NT$586.40 Million ≈ $18.47 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 3511 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 3511 asset base for the complete picture of this company's asset base.
Annual Net Assets for Simula Technology (2017–2024)
The table below shows the annual net assets of Simula Technology from 2017 to 2024. For live valuation and market cap data, see Simula Technology market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.94 Billion ≈ $61.23 Million |
-6.84% |
| 2023-12-31 | NT$2.09 Billion ≈ $65.73 Million |
-16.30% |
| 2022-12-31 | NT$2.49 Billion ≈ $78.53 Million |
+11.77% |
| 2021-12-31 | NT$2.23 Billion ≈ $70.27 Million |
+46.76% |
| 2020-12-31 | NT$1.52 Billion ≈ $47.88 Million |
+24.02% |
| 2019-12-31 | NT$1.23 Billion ≈ $38.60 Million |
+123.57% |
| 2018-12-31 | NT$548.07 Million ≈ $17.27 Million |
+9.74% |
| 2017-12-31 | NT$499.43 Million ≈ $15.73 Million |
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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 |
|---|---|
|
Hoa Tho Textile - Garment Joint Stock Corp
VN:HTG
|
$57.59 Million |
|
Infas Holding AG
F:IFS
|
$57.60 Million |
|
Tropical Canning (Thailand) Public Company Limited
BK:TC
|
$57.60 Million |
|
Ahoku Electronic Co
TW:3002
|
$57.62 Million |
|
AmanahRaya Real Estate Investment Trust
KLSE:5127
|
$57.57 Million |
|
Caravelle International Group
NASDAQ:HTCO
|
$57.55 Million |
|
One Group Hospitality Inc
NASDAQ:STKS
|
$57.54 Million |
|
Multi Retail Group Ltd
TA:MRG
|
$57.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Simula Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,478,649,000 to 1,396,505,000, a change of -82,144,000 (-5.6%).
- Net loss of 100,874,000 reduced equity.
- Dividend payments of 10,960,000 reduced retained earnings.
- Other factors increased equity by 29,690,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 1.31x
- 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 2.22x to 1.31x 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$22.85 | x |
| 2018-12-31 | NT$11.49 | NT$22.85 | x |
| 2019-12-31 | NT$16.47 | NT$22.85 | x |
| 2020-12-31 | NT$20.67 | NT$22.85 | x |
| 2021-12-31 | NT$19.65 | NT$22.85 | x |
| 2022-12-31 | NT$21.85 | NT$22.85 | x |
| 2023-12-31 | NT$18.49 | NT$22.85 | x |
| 2024-12-31 | NT$17.46 | NT$22.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Simula Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.70%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.97x
- Recent ROE (-7.22%) is below the historical average (2.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -22.26% | -11.13% | 1.06x | 1.88x | NT$-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: $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 |
|---|---|---|---|---|
| Simula Technology (3511) | NT$1.85 Billion | -22.26% | 0.32x | $57.57 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 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