Arbor Technology
ARBOR Technology Corp. provides industrial IoT computing and mobility solutions in Taiwan, Mainland China, Korea, Europe, the United States, and internationally. The company offers industrial computers comprising embedded and transportation system, digital signage player, IoT devices, intelligent power system, remote I/O, and accessories; embedded computing products, including computer on modules… Read more
Arbor Technology (3594) - Net Assets
Latest net assets as of September 2025: NT$2.40 Billion TWD
Based on the latest financial reports, Arbor Technology (3594) has net assets worth NT$2.40 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$4.74 Billion) and total liabilities (NT$2.34 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$2.40 Billion |
| % of Total Assets | 50.68% |
| Annual Growth Rate | 9.13% |
| 5-Year Change | 69.85% |
| 10-Year Change | N/A |
| Growth Volatility | 12.21 |
Arbor Technology - Net Assets Trend (2017–2024)
This chart illustrates how Arbor 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 Arbor Technology (2017–2024)
The table below shows the annual net assets of Arbor Technology from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.52 Billion | +17.55% |
| 2023-12-31 | NT$2.15 Billion | +2.64% |
| 2022-12-31 | NT$2.09 Billion | +35.14% |
| 2021-12-31 | NT$1.55 Billion | +4.17% |
| 2020-12-31 | NT$1.49 Billion | +11.35% |
| 2019-12-31 | NT$1.33 Billion | +1.19% |
| 2018-12-31 | NT$1.32 Billion | -3.68% |
| 2017-12-31 | NT$1.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arbor 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 23.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$362.31 Million | 15.94% |
| Other Components | NT$1.91 Billion | 84.06% |
| Total Equity | NT$2.27 Billion | 100.00% |
Arbor Technology Competitors by Market Cap
The table below lists competitors of Arbor Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xingguang Agricultural Mach
SHG:603789
|
$75.61 Million |
|
Falcon Oil & Gas Ltd.
PINK:FOLGF
|
$75.61 Million |
|
Malayan Flour Mills Bhd
KLSE:3662
|
$75.63 Million |
|
Summit State Bank
NASDAQ:SSBI
|
$75.64 Million |
|
Lucara Diamond Corp
PINK:LUCRF
|
$75.48 Million |
|
K-FAST HOLDING AB SER.B
F:6D90
|
$75.45 Million |
|
BaaS Innovation Co., Ltd.
TWO:3555
|
$75.43 Million |
|
Vimta Labs Limited
NSE:VIMTALABS
|
$75.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arbor Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,139,313,000 to 2,273,066,000, a change of 133,753,000 (6.3%).
- Net income of 128,709,000 contributed positively to equity growth.
- Dividend payments of 56,861,000 reduced retained earnings.
- New share issuances of 14,209,000 increased equity.
- Other factors increased equity by 47,696,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$128.71 Million | +5.66% |
| Dividends Paid | NT$56.86 Million | -2.5% |
| Share Issuances | NT$14.21 Million | +0.63% |
| Other Changes | NT$47.70 Million | +2.1% |
| Total Change | NT$- | 6.25% |
Book Value vs Market Value Analysis
This analysis compares Arbor 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: 1.74x
- 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 2.04x to 1.74x 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$20.36 | NT$41.50 | x |
| 2018-12-31 | NT$20.40 | NT$41.50 | x |
| 2019-12-31 | NT$20.69 | NT$41.50 | x |
| 2020-12-31 | NT$22.47 | NT$41.50 | x |
| 2021-12-31 | NT$20.92 | NT$41.50 | x |
| 2022-12-31 | NT$23.71 | NT$41.50 | x |
| 2023-12-31 | NT$22.55 | NT$41.50 | x |
| 2024-12-31 | NT$23.89 | NT$41.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arbor 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): 5.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.22%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.98x
- Recent ROE (5.66%) is above the historical average (4.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 10.80% | 9.35% | 0.57x | 2.03x | NT$10.64 Million |
| 2018 | 1.96% | 1.79% | 0.59x | 1.87x | NT$-104.73 Million |
| 2019 | 3.36% | 2.78% | 0.62x | 1.94x | NT$-87.78 Million |
| 2020 | 0.69% | 0.67% | 0.50x | 2.06x | NT$-137.38 Million |
| 2021 | 1.43% | 1.46% | 0.47x | 2.07x | NT$-131.72 Million |
| 2022 | 6.35% | 7.35% | 0.49x | 1.77x | NT$-76.17 Million |
| 2023 | 5.74% | 7.35% | 0.46x | 1.70x | NT$-91.03 Million |
| 2024 | 5.66% | 8.22% | 0.35x | 1.98x | NT$-98.60 Million |
Industry Comparison
This section compares Arbor Technology's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $32,375,180,700
- Average return on equity (ROE) among peers: 3.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arbor Technology (3594) | NT$2.40 Billion | 10.80% | 0.97x | $75.60 Million |
| Solytech Enterprise Corp (1471) | $2.62 Billion | 7.34% | 0.84x | $49.10 Million |
| Microtek International Inc (2305) | $2.12 Billion | 12.16% | 0.47x | $18.87 Million |
| Kinpo Electronics Inc (2312) | $17.40 Billion | 0.68% | 1.29x | $911.45 Million |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $317.20 Million |
| Compal Electronics Inc (2324) | $77.40 Billion | 11.31% | 1.58x | $3.96 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.98 Billion | -7.89% | 0.95x | $208.43 Million |
| Ritek Corp (2349) | $14.57 Billion | -16.68% | 0.61x | $265.27 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $855.19 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |
| Clevo Co (2362) | $7.56 Billion | 10.38% | 3.55x | $333.54 Million |