AimCore Technology Co Ltd (3615) - Net Assets
Based on the latest financial reports, AimCore Technology Co Ltd (3615) has net assets worth NT$2.43 Billion TWD (≈ $76.44 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$3.01 Billion ≈ $94.82 Million USD) and total liabilities (NT$583.32 Million ≈ $18.38 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 3615 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.43 Billion |
| % of Total Assets | 80.62% |
| Annual Growth Rate | -0.63% |
| 5-Year Change | 13.56% |
| 10-Year Change | N/A |
| Growth Volatility | 6.88 |
AimCore Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how AimCore Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 3615 total asset value for the complete picture of this company's asset base.
Annual Net Assets for AimCore Technology Co Ltd (2017–2024)
The table below shows the annual net assets of AimCore Technology Co Ltd from 2017 to 2024. For live valuation and market cap data, see AimCore Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.52 Billion ≈ $79.49 Million |
-0.10% |
| 2023-12-31 | NT$2.53 Billion ≈ $79.57 Million |
+3.02% |
| 2022-12-31 | NT$2.45 Billion ≈ $77.24 Million |
+2.88% |
| 2021-12-31 | NT$2.38 Billion ≈ $75.08 Million |
+7.26% |
| 2020-12-31 | NT$2.22 Billion ≈ $70.00 Million |
+1.48% |
| 2019-12-31 | NT$2.19 Billion ≈ $68.97 Million |
-16.10% |
| 2018-12-31 | NT$2.61 Billion ≈ $82.21 Million |
-1.04% |
| 2017-12-31 | NT$2.64 Billion ≈ $83.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AimCore Technology 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 decreased by 75.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$60.43 Million | 2.67% |
| Other Components | NT$2.20 Billion | 97.33% |
| Total Equity | NT$2.26 Billion | 100.00% |
AimCore Technology Co Ltd Competitors by Market Cap
The table below lists competitors of AimCore Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
META WOLF AG INH O.N.
F:WOLF
|
$68.74 Million |
|
Triniti Dinamik PT Tbk
JK:TRUE
|
$68.76 Million |
|
Allcargo Terminals Ltd
NSE:ATL
|
$68.78 Million |
|
MediciNova Inc
NASDAQ:MNOV
|
$68.80 Million |
|
GaeaSoft Corp
KQ:051160
|
$68.69 Million |
|
Innovate Corp
NYSE:VATE
|
$68.68 Million |
|
United Palm Oil Industry Public Company Limited
BK:UPOIC
|
$68.68 Million |
|
Passus S.A.
WAR:PAS
|
$68.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AimCore Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,287,969,000 to 2,260,306,000, a change of -27,663,000 (-1.2%).
- Net income of 169,000 contributed positively to equity growth.
- Dividend payments of 47,927,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$169.00K | +0.01% |
| Dividends Paid | NT$47.93 Million | -2.12% |
| Other Changes | NT$20.09 Million | +0.89% |
| Total Change | NT$- | -1.21% |
Book Value vs Market Value Analysis
This analysis compares AimCore Technology 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: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.83x to 0.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$38.51 | NT$31.85 | x |
| 2018-12-31 | NT$38.11 | NT$31.85 | x |
| 2019-12-31 | NT$31.45 | NT$31.85 | x |
| 2020-12-31 | NT$30.38 | NT$31.85 | x |
| 2021-12-31 | NT$32.06 | NT$31.85 | x |
| 2022-12-31 | NT$32.69 | NT$31.85 | x |
| 2023-12-31 | NT$33.35 | NT$31.85 | x |
| 2024-12-31 | NT$33.01 | NT$31.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AimCore Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.02%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.41x
- Recent ROE (0.01%) is above the historical average (-1.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.11% | 5.64% | 0.32x | 1.18x | NT$-208.17 Million |
| 2018 | 1.04% | 3.75% | 0.23x | 1.23x | NT$-233.87 Million |
| 2019 | -21.32% | -91.72% | 0.18x | 1.33x | NT$-674.47 Million |
| 2020 | 0.95% | 2.50% | 0.26x | 1.48x | NT$-188.28 Million |
| 2021 | 4.44% | 7.72% | 0.39x | 1.48x | NT$-122.39 Million |
| 2022 | 0.26% | 0.52% | 0.33x | 1.52x | NT$-217.95 Million |
| 2023 | 2.65% | 5.63% | 0.32x | 1.49x | NT$-168.23 Million |
| 2024 | 0.01% | 0.02% | 0.32x | 1.41x | NT$-225.86 Million |
Industry Comparison
This section compares AimCore Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $180,200,345,300
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AimCore Technology Co Ltd (3615) | NT$2.43 Billion | 2.11% | 0.24x | $68.70 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $6.49 Billion | 0.00% | 1.01x | $1.78 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $27.35 Billion | 2.10% | 0.67x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.49 Billion | 6.90% | 0.48x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.10 Billion | 9.66% | 0.65x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.90 Billion | 3.31% | 0.21x | $642.50 Million |
About AimCore Technology Co Ltd
AimCore Technology Co., Ltd processes, manufactures, processing, and sales of conductive glass related products in Taiwan and internationally. The company operates through two segments, Optoelectronic Information Products and Silicone Rubber Products. It offers touch panel ITO, TN/STN LCD ITO, black matrix, and color filter top ITO glass product for applications in LCD, touch, and organic ELD pan… Read more