Datavan International (3521) - Net Assets
Based on the latest financial reports, Datavan International (3521) has net assets worth NT$1.30 Billion TWD (≈ $40.90 Million USD) 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 ≈ $51.39 Million USD) and total liabilities (NT$333.20 Million ≈ $10.50 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 3521 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see market value of Datavan International.
Annual Net Assets for Datavan International (2017–2024)
The table below shows the annual net assets of Datavan International from 2017 to 2024. Also explore how fast is Datavan International growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.27 Billion ≈ $40.09 Million |
+97.28% |
| 2023-12-31 | NT$644.98 Million ≈ $20.32 Million |
+27.32% |
| 2022-12-31 | NT$506.59 Million ≈ $15.96 Million |
+25.17% |
| 2021-12-31 | NT$404.73 Million ≈ $12.75 Million |
-14.16% |
| 2020-12-31 | NT$471.47 Million ≈ $14.85 Million |
-7.21% |
| 2019-12-31 | NT$508.13 Million ≈ $16.01 Million |
+31.24% |
| 2018-12-31 | NT$387.17 Million ≈ $12.20 Million |
-6.16% |
| 2017-12-31 | NT$412.60 Million ≈ $13.00 Million |
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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 |
|---|---|
|
BenQ Medical Technology
TWO:4116
|
$55.39 Million |
|
GAMBLING.COM GRP ON
F:6WH
|
$55.46 Million |
|
Joosung Corperation
KO:109070
|
$55.46 Million |
|
Star Media Group Bhd
KLSE:6084
|
$55.50 Million |
|
RTG Mining Inc
TO:RTG
|
$55.32 Million |
|
Lunnon Metals Ltd
AU:LM8
|
$55.31 Million |
|
Kraft Bank Asa
OL:KRAB
|
$55.27 Million |
|
Clipper Realty Inc
NYSE:CLPR
|
$55.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Datavan International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 644,550,000 to 1,272,414,000, a change of 627,864,000 (97.4%).
- Net loss of 81,988,000 reduced equity.
- New share issuances of 710,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 1.21x
- 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 1.36x to 1.21x 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$12.05 | x |
| 2018-12-31 | NT$8.29 | NT$12.05 | x |
| 2019-12-31 | NT$10.87 | NT$12.05 | x |
| 2020-12-31 | NT$10.09 | NT$12.05 | x |
| 2021-12-31 | NT$8.55 | NT$12.05 | x |
| 2022-12-31 | NT$8.44 | NT$12.05 | x |
| 2023-12-31 | NT$8.24 | NT$12.05 | x |
| 2024-12-31 | NT$9.92 | NT$12.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Datavan International utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.59%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.34x
- Recent ROE (-6.44%) is above the historical average (-10.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -16.00% | -13.99% | 0.33x | 3.42x | NT$-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: $6,954,904,100
- Average return on equity (ROE) among peers: 11.19%
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 | $55.34 Million |
| Tri Ocean Textile Co Ltd (1472) | $333.36 Million | -10.62% | 2.04x | $145.19 Million |
| United Integrated Services Co Ltd (2404) | $14.94 Billion | 41.43% | 2.12x | $6.15 Billion |
| Long Bon International Co Ltd (2514) | $5.96 Billion | 30.06% | 0.41x | $129.75 Million |
| BES Engineering Co (2515) | $19.99 Billion | 1.82% | 0.99x | $597.76 Million |
| New Asia Construction & Development Corp (2516) | $1.53 Billion | 11.37% | 3.39x | $103.01 Million |
| Kindom Construction Corp (2520) | $11.12 Billion | 15.17% | 1.57x | $676.18 Million |
| Delpha Construction Co Ltd (2530) | $10.68 Billion | 4.79% | 1.22x | $524.78 Million |
| Da-Cin Construction Co Ltd (2535) | $3.07 Billion | 0.00% | 1.41x | $727.10 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.08 Billion | 8.97% | 2.20x | $627.08 Million |
| Kedge Construction Co Ltd (2546) | $841.62 Million | 8.91% | 1.15x | $490.51 Million |
About 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