Datavan International
TSG Development Co., Ltd. provides POS terminals in Asia, Europe, the United State, and internationally. The company operates in Technology Business and Construction Business segments. The company engages in the research and development, designing, manufacturing, and sale of endpoint sales system software and hardware; import and export of computer information equipment and its peripheral equipme… Read more
Datavan International (3521) - Net Assets
Latest net assets as of September 2025: NT$1.30 Billion TWD
Based on the latest financial reports, Datavan International (3521) has net assets worth NT$1.30 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$1.63 Billion) and total liabilities (NT$333.20 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$1.30 Billion |
| % of Total Assets | 79.57% |
| Annual Growth Rate | 17.45% |
| 5-Year Change | 169.88% |
| 10-Year Change | N/A |
| Growth Volatility | 35.34 |
Datavan International - Net Assets Trend (2017–2024)
This chart illustrates how Datavan International's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Datavan International (2017–2024)
The table below shows the annual net assets of Datavan International from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.27 Billion | +97.28% |
| 2023-12-31 | NT$644.98 Million | +27.32% |
| 2022-12-31 | NT$506.59 Million | +25.17% |
| 2021-12-31 | NT$404.73 Million | -14.16% |
| 2020-12-31 | NT$471.47 Million | -7.21% |
| 2019-12-31 | NT$508.13 Million | +31.24% |
| 2018-12-31 | NT$387.17 Million | -6.16% |
| 2017-12-31 | NT$412.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Datavan International'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 38501300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.71 Billion | 134.58% |
| Total Equity | NT$1.27 Billion | 100.00% |
Datavan International Competitors by Market Cap
The table below lists competitors of Datavan International ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
B. L. Kashyap and Sons Limited
NSE:BLKASHYAP
|
$42.74 Million |
|
CHANJET INFO.TECHN.-H-YC1
F:C7D
|
$42.74 Million |
|
Navkar Corporation Limited
NSE:NAVKARCORP
|
$42.75 Million |
|
180 Degree Capital Corp
NASDAQ:TURN
|
$42.76 Million |
|
Sygnity SA
WAR:SGN
|
$42.72 Million |
|
Battery Future Acquisition Corp
NYSE:BFAC
|
$42.72 Million |
|
Harboes Bryggeri A/S
CO:HARB-B
|
$42.72 Million |
|
Tamilnadu PetroProducts Limited
NSE:TNPETRO
|
$42.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Datavan International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 644,550,000 to 1,272,414,000, a change of 627,864,000 (97.4%).
- Net loss of 81,988,000 reduced equity.
- New share issuances of 710,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-81.99 Million | -6.44% |
| Share Issuances | NT$710.00 Million | +55.8% |
| Other Changes | NT$-148.00K | -0.01% |
| Total Change | NT$- | 97.41% |
Book Value vs Market Value Analysis
This analysis compares Datavan International'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: 1.42x
- 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 1.60x to 1.42x 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$8.83 | NT$14.10 | x |
| 2018-12-31 | NT$8.29 | NT$14.10 | x |
| 2019-12-31 | NT$10.87 | NT$14.10 | x |
| 2020-12-31 | NT$10.09 | NT$14.10 | x |
| 2021-12-31 | NT$8.55 | NT$14.10 | x |
| 2022-12-31 | NT$8.44 | NT$14.10 | x |
| 2023-12-31 | NT$8.24 | NT$14.10 | x |
| 2024-12-31 | NT$9.92 | NT$14.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Datavan International utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.59%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.34x
- Recent ROE (-6.44%) is above the historical average (-10.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -16.00% | -13.99% | 0.33x | 3.42x | NT$-107.26 Million |
| 2018 | -6.57% | -4.68% | 0.28x | 5.02x | NT$-64.15 Million |
| 2019 | 23.87% | 8.47% | 1.16x | 2.42x | NT$70.48 Million |
| 2020 | -8.86% | -13.18% | 0.28x | 2.36x | NT$-88.94 Million |
| 2021 | -19.86% | -21.79% | 0.29x | 3.16x | NT$-119.26 Million |
| 2022 | -17.10% | -33.57% | 0.21x | 2.44x | NT$-135.91 Million |
| 2023 | -29.79% | -69.54% | 0.23x | 1.88x | NT$-256.46 Million |
| 2024 | -6.44% | -52.59% | 0.09x | 1.34x | NT$-209.23 Million |
Industry Comparison
This section compares Datavan International's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,170,391,600
- Average return on equity (ROE) among peers: 6.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Datavan International (3521) | NT$1.30 Billion | -16.00% | 0.26x | $42.73 Million |
| Tri Ocean Textile Co Ltd (1472) | $333.36 Million | -10.62% | 2.04x | $47.78 Million |
| Ju-Kao Engineering Co., Ltd. (1594) | $297.75 Million | -0.44% | 0.99x | $1.54 Million |
| United Integrated Services Co Ltd (2404) | $6.61 Billion | 18.38% | 1.52x | $4.54 Billion |
| Long Bon International Co Ltd (2514) | $8.15 Billion | 2.95% | 0.61x | $63.02 Million |
| BES Engineering Co (2515) | $19.46 Billion | 1.31% | 1.00x | $632.27 Million |
| New Asia Construction & Development Corp (2516) | $2.41 Billion | 2.77% | 2.80x | $83.75 Million |
| Delpha Construction Co Ltd (2530) | $3.35 Billion | 17.30% | 0.87x | $263.82 Million |
| Da-Cin Construction Co Ltd (2535) | $7.35 Billion | 8.58% | 1.32x | $428.26 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.87 Billion | 14.12% | 1.47x | $514.98 Million |
| Kedge Construction Co Ltd (2546) | $1.88 Billion | 6.30% | 1.33x | $163.03 Million |