Podak Co Ltd

TWO:3537 Taiwan Electrical Equipment & Parts
Market Cap
$73.78 Million
NT$2.44 Billion TWD
Market Cap Rank
#21153 Global
#1139 in Taiwan
Share Price
NT$43.40
Change (1 day)
+0.23%
52-Week Range
NT$35.55 - NT$54.20
All Time High
NT$77.40
About

Podak Co., Ltd. operates as a sales agent in Taiwan, China, and internationally. The company offers passive components, including aluminum and tantalum polymer solid, DIP solid, electrolytic, and film capacitors, as well as choke coils, inductors, and resistors; and active components, such as laser diodes, sensors, and batteries. It also provides relays, connectors, NTC thermistors, switches, aut… Read more

Podak Co Ltd (3537) - Net Assets

Latest net assets as of September 2025: NT$1.19 Billion TWD

Based on the latest financial reports, Podak Co Ltd (3537) has net assets worth NT$1.19 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$2.10 Billion) and total liabilities (NT$905.98 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$1.19 Billion
% of Total Assets 56.88%
Annual Growth Rate 5.85%
5-Year Change 26.47%
10-Year Change N/A
Growth Volatility 2.85

Podak Co Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Podak 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 Podak Co Ltd (2017–2024)

The table below shows the annual net assets of Podak Co Ltd from 2017 to 2024.

Year Net Assets Change
2024-12-31 NT$1.26 Billion +9.77%
2023-12-31 NT$1.15 Billion +1.07%
2022-12-31 NT$1.14 Billion +6.15%
2021-12-31 NT$1.07 Billion +7.39%
2020-12-31 NT$999.70 Million +7.87%
2019-12-31 NT$926.76 Million +2.43%
2018-12-31 NT$904.73 Million +6.53%
2017-12-31 NT$849.25 Million --

Equity Component Analysis

This analysis shows how different components contribute to Podak 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 grown by 27.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$349.01 Million 27.61%
Other Components NT$915.30 Million 72.39%
Total Equity NT$1.26 Billion 100.00%

Podak Co Ltd Competitors by Market Cap

The table below lists competitors of Podak Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Podak Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,151,761,000 to 1,264,312,000, a change of 112,551,000 (9.8%).
  • Net income of 206,678,000 contributed positively to equity growth.
  • Dividend payments of 107,130,000 reduced retained earnings.
  • Other factors increased equity by 13,003,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$206.68 Million +16.35%
Dividends Paid NT$107.13 Million -8.47%
Other Changes NT$13.00 Million +1.03%
Total Change NT$- 9.77%

Book Value vs Market Value Analysis

This analysis compares Podak 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: 2.12x
  • 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 2.74x to 2.12x 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$15.85 NT$43.40 x
2018-12-31 NT$16.89 NT$43.40 x
2019-12-31 NT$17.30 NT$43.40 x
2020-12-31 NT$18.66 NT$43.40 x
2021-12-31 NT$20.04 NT$43.40 x
2022-12-31 NT$21.28 NT$43.40 x
2023-12-31 NT$20.48 NT$43.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Podak 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): 16.35%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.32%
  • • Asset Turnover: 1.41x
  • • Equity Multiplier: 1.59x
  • Recent ROE (16.35%) is above the historical average (16.10%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 12.03% 3.57% 2.03x 1.66x NT$17.24 Million
2018 15.80% 5.47% 1.81x 1.60x NT$52.48 Million
2019 16.12% 5.48% 1.74x 1.69x NT$56.69 Million
2020 15.03% 5.21% 1.68x 1.72x NT$50.32 Million
2021 19.79% 6.73% 1.53x 1.92x NT$105.15 Million
2022 20.76% 8.41% 1.38x 1.78x NT$122.63 Million
2023 12.93% 5.25% 1.39x 1.77x NT$33.74 Million
2024 16.35% 7.32% 1.41x 1.59x NT$80.25 Million

Industry Comparison

This section compares Podak Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $5,443,854,100
  • Average return on equity (ROE) among peers: 15.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Podak Co Ltd (3537) NT$1.19 Billion 12.03% 0.76x $51.10 Million
Shihlin Electric & Engineering Corp (1503) $12.57 Billion 8.24% 1.01x $1.64 Billion
Allis Electric Co Ltd (1514) $2.89 Billion 7.47% 0.97x $721.68 Million
Fortune Electric Co Ltd (1519) $3.07 Billion 22.96% 1.33x $3.49 Billion
Klingon Aerospace Inc (1529) $1.06 Billion 4.03% 0.77x $95.39 Million
Kung Long Batteries Industrial Co Ltd (1537) $3.92 Billion 25.10% 0.48x $225.94 Million
Chieftek Precision Co Ltd (1597) $2.02 Billion 8.63% 0.64x $131.66 Million
Hua Eng Wire & Cable Co Ltd (1608) $9.01 Billion 15.42% 0.52x $104.26 Million
Ta Ya Electric Wire & Cable Co., Ltd. (1609) $9.13 Billion 9.31% 1.76x $714.51 Million
Hong Tai Electric Industrial Co Ltd (1612) $7.82 Billion 34.51% 0.12x $203.18 Million
Dah San Electric Wire & Cable Co Ltd (1615) $2.95 Billion 17.78% 0.52x $96.72 Million