Materials Analysis Technology
Materials Analysis Technology Inc. engages in the research and development, and intellectual property services in Taiwan, Mainland China, Japan, the United States, and internationally. It offers reliability, non-destructive, electrical failure, materials, surface, physicochemical, and nano solution analysis, as well as circuit edit, sample preparation, and total solution services, including FA fl… Read more
Materials Analysis Technology (3587) - Net Assets
Latest net assets as of September 2025: NT$4.56 Billion TWD
Based on the latest financial reports, Materials Analysis Technology (3587) has net assets worth NT$4.56 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$8.32 Billion) and total liabilities (NT$3.76 Billion). 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$4.56 Billion |
| % of Total Assets | 54.8% |
| Annual Growth Rate | 14.08% |
| 5-Year Change | 64.39% |
| 10-Year Change | 292.2% |
| Growth Volatility | 14.23 |
Materials Analysis Technology - Net Assets Trend (2009–2024)
This chart illustrates how Materials Analysis Technology's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Materials Analysis Technology (2009–2024)
The table below shows the annual net assets of Materials Analysis Technology from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.84 Billion | +7.76% |
| 2023-12-31 | NT$4.49 Billion | +26.34% |
| 2022-12-31 | NT$3.56 Billion | +8.58% |
| 2021-12-31 | NT$3.28 Billion | +11.20% |
| 2020-12-31 | NT$2.95 Billion | +8.27% |
| 2019-12-31 | NT$2.72 Billion | +0.53% |
| 2018-12-31 | NT$2.71 Billion | +3.13% |
| 2017-12-31 | NT$2.62 Billion | +42.29% |
| 2016-12-31 | NT$1.84 Billion | +49.35% |
| 2015-12-31 | NT$1.23 Billion | -2.88% |
| 2014-12-31 | NT$1.27 Billion | +23.63% |
| 2013-12-31 | NT$1.03 Billion | +7.79% |
| 2012-12-31 | NT$954.03 Million | +9.55% |
| 2011-12-31 | NT$870.90 Million | +14.89% |
| 2010-12-31 | NT$758.04 Million | +12.95% |
| 2009-12-31 | NT$671.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Materials Analysis 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 17720.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.60 Billion | 32.94% |
| Other Components | NT$3.25 Billion | 67.06% |
| Total Equity | NT$4.84 Billion | 100.00% |
Materials Analysis Technology Competitors by Market Cap
The table below lists competitors of Materials Analysis Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kenda Rubber Industrial Co Ltd
TW:2106
|
$290.55 Million |
|
Quechen Silicon Chemical Co. Ltd.
SHG:605183
|
$290.56 Million |
|
Lily Group Co Ltd
SHG:603823
|
$290.58 Million |
|
New Providence Acquisition Corp. III Units
NASDAQ:NPACU
|
$290.59 Million |
|
BLUELINX HLDGS DL-01
F:FZG1
|
$290.34 Million |
|
SintokogioLtd
PINK:SILDF
|
$290.29 Million |
|
Red 5 Limited
PINK:REDLF
|
$290.26 Million |
|
PT. Indika Energy Tbk
F:I41
|
$290.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Materials Analysis Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,493,766,000 to 4,842,690,000, a change of 348,924,000 (7.8%).
- Net income of 688,123,000 contributed positively to equity growth.
- Dividend payments of 591,706,000 reduced retained earnings.
- Other comprehensive income decreased equity by 486,600,000.
- Other factors increased equity by 739,107,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$688.12 Million | +14.21% |
| Dividends Paid | NT$591.71 Million | -12.22% |
| Other Comprehensive Income | NT$-486.60 Million | -10.05% |
| Other Changes | NT$739.11 Million | +15.26% |
| Total Change | NT$- | 7.76% |
Book Value vs Market Value Analysis
This analysis compares Materials Analysis 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: 2.61x
- 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 11.59x to 2.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$16.39 | NT$190.00 | x |
| 2010-12-31 | NT$16.95 | NT$190.00 | x |
| 2011-12-31 | NT$18.36 | NT$190.00 | x |
| 2012-12-31 | NT$20.82 | NT$190.00 | x |
| 2013-12-31 | NT$22.59 | NT$190.00 | x |
| 2014-12-31 | NT$26.05 | NT$190.00 | x |
| 2015-12-31 | NT$25.60 | NT$190.00 | x |
| 2016-12-31 | NT$38.17 | NT$190.00 | x |
| 2017-12-31 | NT$41.60 | NT$190.00 | x |
| 2018-12-31 | NT$42.12 | NT$190.00 | x |
| 2019-12-31 | NT$42.59 | NT$190.00 | x |
| 2020-12-31 | NT$45.86 | NT$190.00 | x |
| 2021-12-31 | NT$51.34 | NT$190.00 | x |
| 2022-12-31 | NT$55.53 | NT$190.00 | x |
| 2023-12-31 | NT$69.11 | NT$190.00 | x |
| 2024-12-31 | NT$72.69 | NT$190.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Materials Analysis Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.21%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.47%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.76x
- Recent ROE (14.21%) is above the historical average (13.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -0.45% | -0.87% | 0.44x | 1.20x | NT$-70.16 Million |
| 2010 | 11.20% | 15.35% | 0.57x | 1.27x | NT$9.09 Million |
| 2011 | 15.33% | 19.32% | 0.66x | 1.21x | NT$46.45 Million |
| 2012 | 20.27% | 23.14% | 0.71x | 1.24x | NT$98.00 Million |
| 2013 | 21.44% | 23.03% | 0.76x | 1.23x | NT$117.69 Million |
| 2014 | 16.48% | 19.85% | 0.71x | 1.18x | NT$82.43 Million |
| 2015 | 14.38% | 15.86% | 0.69x | 1.32x | NT$54.10 Million |
| 2016 | 12.50% | 15.80% | 0.60x | 1.32x | NT$46.01 Million |
| 2017 | 8.19% | 12.61% | 0.52x | 1.26x | NT$-47.61 Million |
| 2018 | 9.48% | 12.33% | 0.56x | 1.37x | NT$-14.12 Million |
| 2019 | 9.04% | 9.68% | 0.59x | 1.57x | NT$-26.13 Million |
| 2020 | 13.07% | 12.58% | 0.69x | 1.50x | NT$90.50 Million |
| 2021 | 17.98% | 17.45% | 0.63x | 1.63x | NT$260.37 Million |
| 2022 | 17.71% | 15.79% | 0.58x | 1.95x | NT$273.20 Million |
| 2023 | 15.27% | 14.27% | 0.64x | 1.67x | NT$236.83 Million |
| 2024 | 14.21% | 13.47% | 0.60x | 1.76x | NT$203.85 Million |
Industry Comparison
This section compares Materials Analysis Technology's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $3,758,470,556
- Average return on equity (ROE) among peers: 7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Materials Analysis Technology (3587) | NT$4.56 Billion | -0.45% | 0.82x | $290.35 Million |
| Chroma ATE Inc (2360) | $7.84 Billion | 19.41% | 0.49x | $9.53 Billion |
| Good Will Instrument Co Ltd (2423) | $1.97 Billion | 8.98% | 0.52x | $90.45 Million |
| Test Research Inc (3030) | $9.60 Billion | 25.81% | 0.27x | $1.12 Billion |
| Altek Corp (3059) | $9.12 Billion | 3.85% | 0.74x | $320.28 Million |
| RoyalTek Co Ltd (3306) | $2.81 Billion | 3.31% | 0.10x | $40.35 Million |
| Globalsat Worldcom (3499) | $623.60 Million | 3.99% | 0.82x | $20.22 Million |
| Sysgration Ltd (5309) | $1.11 Billion | -25.63% | 0.55x | $309.67 Million |
| Kingwaytek Technology Co Ltd (6516) | $399.51 Million | 9.78% | 0.23x | $62.64 Million |
| Bryton Inc. (7558) | $339.00 Million | 21.29% | 0.22x | $6.62 Million |