Podak Co Ltd (3537) - Net Assets
Based on the latest financial reports, Podak Co Ltd (3537) has net assets worth NT$1.19 Billion TWD (≈ $37.64 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$2.10 Billion ≈ $66.19 Million USD) and total liabilities (NT$905.98 Million ≈ $28.54 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. Read Podak Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
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. Also explore total assets of Podak Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 3537 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.26 Billion ≈ $39.83 Million |
+9.77% |
| 2023-12-31 | NT$1.15 Billion ≈ $36.29 Million |
+1.07% |
| 2022-12-31 | NT$1.14 Billion ≈ $35.90 Million |
+6.15% |
| 2021-12-31 | NT$1.07 Billion ≈ $33.82 Million |
+7.39% |
| 2020-12-31 | NT$999.70 Million ≈ $31.50 Million |
+7.87% |
| 2019-12-31 | NT$926.76 Million ≈ $29.20 Million |
+2.43% |
| 2018-12-31 | NT$904.73 Million ≈ $28.50 Million |
+6.53% |
| 2017-12-31 | NT$849.25 Million ≈ $26.76 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.
| Company | Market Cap |
|---|---|
|
Gozco Plantations Tbk
JK:GZCO
|
$75.94 Million |
|
ProfilGruppen AB (publ)
ST:PROF-B
|
$75.96 Million |
|
Payment Financial Technologies Ltd
TA:PMNT
|
$75.96 Million |
|
StoneBridge Ventures Inc.
KQ:330730
|
$75.97 Million |
|
Groupe Minoteries SA
SW:GMI
|
$75.90 Million |
|
Samart Telcoms Public Company Limited
BK:SAMTEL
|
$75.89 Million |
|
PP Properti Tbk PT
JK:PPRO
|
$75.89 Million |
|
CKM Building Material
TWO:8930
|
$75.88 Million |
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: 2.09x
- 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 2.70x to 2.09x 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$15.85 | NT$42.85 | x |
| 2018-12-31 | NT$16.89 | NT$42.85 | x |
| 2019-12-31 | NT$17.30 | NT$42.85 | x |
| 2020-12-31 | NT$18.66 | NT$42.85 | x |
| 2021-12-31 | NT$20.04 | NT$42.85 | x |
| 2022-12-31 | NT$21.28 | NT$42.85 | x |
| 2023-12-31 | NT$20.48 | NT$42.85 | 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: $5,912,262,400
- Average return on equity (ROE) among peers: 4.52%
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 | $75.93 Million |
| Shihlin Electric & Engineering Corp (1503) | $28.69 Billion | 7.01% | 0.72x | $3.11 Billion |
| Allis Electric Co Ltd (1514) | $2.18 Billion | 0.00% | 0.81x | $920.17 Million |
| Fortune Electric Co Ltd (1519) | $2.42 Billion | 9.14% | 1.69x | $8.84 Billion |
| Klingon Aerospace Inc (1529) | $1.88 Billion | 8.88% | 0.69x | $106.03 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $1.30 Billion | 2.54% | 1.20x | $318.00 Million |
| Chieftek Precision Co Ltd (1597) | $1.32 Billion | 5.36% | 0.73x | $394.51 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $7.29 Billion | -8.48% | 0.57x | $437.03 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $7.88 Billion | 5.93% | 1.34x | $794.28 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.92 Billion | 1.04% | 0.18x | $355.01 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.25 Billion | 13.75% | 0.92x | $283.16 Million |
About Podak Co Ltd
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