C-Tech United Net Assets
C-Tech United net assets. Based on the latest financial reports, C-Tech United (3625) has net assets worth NT$572.82 Million TWD (≈ $18.05 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$1.65 Billion ≈ $52.10 Million USD) and total liabilities (NT$1.08 Billion ≈ $34.05 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. Also explore C-Tech United net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$572.82 Million |
| % of Total Assets | 34.64% |
| Annual Growth Rate | -5.3% |
| 5-Year Change | -40.12% |
| 10-Year Change | N/A |
| Growth Volatility | 17.69 |
Net Assets of C-Tech United (2017–2024)
Net assets of C-Tech United from 2017 to 2024. This chart illustrates how C-Tech United's net assets have evolved over time, based on quarterly financial data. See C-Tech United balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for C-Tech United (2017–2024)
The table below shows the annual net assets of C-Tech United from 2017 to 2024. For live market cap and overall valuation, see C-Tech United market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$598.78 Million ≈ $18.86 Million |
-17.93% |
| 2023-12-31 | NT$729.64 Million ≈ $22.99 Million |
-22.66% |
| 2022-12-31 | NT$943.37 Million ≈ $29.72 Million |
-14.12% |
| 2021-12-31 | NT$1.10 Billion ≈ $34.61 Million |
+9.85% |
| 2020-12-31 | NT$1.00 Billion ≈ $31.51 Million |
-17.66% |
| 2019-12-31 | NT$1.21 Billion ≈ $38.26 Million |
+8.32% |
| 2018-12-31 | NT$1.12 Billion ≈ $35.32 Million |
+27.89% |
| 2017-12-31 | NT$876.70 Million ≈ $27.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to C-Tech United'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 43162400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
C-Tech United Net Assets Breakdown (December 2024)
C-Tech United net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.10 Billion | 183.04% |
| Total Equity | NT$598.78 Million | 100.00% |
C-Tech United Competitors by Market Cap
The table below lists competitors of C-Tech United ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Doxa AB
ST:DOXA
|
$63.72 Million |
|
Cube Entertainment Inc
KQ:182360
|
$63.75 Million |
|
All Cosmos Bio-Tech Holding Corp
TW:4148
|
$63.76 Million |
|
Fortress Biotech Inc
NASDAQ:FBIO
|
$63.78 Million |
|
A SPAC II Acquisition Corp. Ordinary Shares
NASDAQ:ASCB
|
$63.65 Million |
|
Optex Systems Holdings, Inc. Common Stock
NASDAQ:OPXS
|
$63.61 Million |
|
Media Nusantara Citra Tbk PT
JK:MNCN
|
$63.55 Million |
|
Actic Group AB
ST:ATIC
|
$63.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in C-Tech United's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 729,636,000 to 598,780,000, a change of -130,856,000 (-17.9%).
- Net loss of 151,071,000 reduced equity.
- Other factors increased equity by 20,215,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-151.07 Million | -25.23% |
| Other Changes | NT$20.21 Million | +3.38% |
| Total Change | NT$- | -17.93% |
Book Value vs Market Value Analysis
This analysis compares C-Tech United'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: 3.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.51x to 3.37x 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$12.32 | NT$18.60 | x |
| 2018-12-31 | NT$14.33 | NT$18.60 | x |
| 2019-12-31 | NT$14.32 | NT$18.60 | x |
| 2020-12-31 | NT$11.53 | NT$18.60 | x |
| 2021-12-31 | NT$11.49 | NT$18.60 | x |
| 2022-12-31 | NT$8.02 | NT$18.60 | x |
| 2023-12-31 | NT$6.72 | NT$18.60 | x |
| 2024-12-31 | NT$5.52 | NT$18.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently C-Tech United 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): -25.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.55%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.80x
- Recent ROE (-25.23%) is below the historical average (-13.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 14.21% | 6.23% | 1.02x | 2.23x | NT$35.83 Million |
| 2018 | 8.11% | 3.11% | 1.05x | 2.48x | NT$-20.70 Million |
| 2019 | 6.44% | 2.57% | 0.92x | 2.73x | NT$-38.97 Million |
| 2020 | -18.17% | -7.25% | 0.77x | 3.25x | NT$-250.00 Million |
| 2021 | -16.65% | -7.58% | 0.59x | 3.72x | NT$-263.79 Million |
| 2022 | -58.28% | -33.30% | 0.40x | 4.39x | NT$-572.63 Million |
| 2023 | -15.63% | -9.89% | 0.52x | 3.02x | NT$-186.98 Million |
| 2024 | -25.23% | -30.55% | 0.29x | 2.80x | NT$-210.95 Million |
Industry Comparison
This section compares C-Tech United's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $6,117,755,700
- Average return on equity (ROE) among peers: 7.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| C-Tech United (3625) | NT$572.82 Million | 14.21% | 1.89x | $63.68 Million |
| Shihlin Electric & Engineering Corp (1503) | $9.40 Billion | 4.45% | 0.76x | $3.04 Billion |
| Allis Electric Co Ltd (1514) | $5.87 Billion | 13.66% | 0.92x | $779.64 Million |
| Fortune Electric Co Ltd (1519) | $2.80 Billion | 23.61% | 1.34x | $6.03 Billion |
| Klingon Aerospace Inc (1529) | $1.60 Billion | 0.00% | 0.51x | $68.16 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $4.14 Billion | 14.70% | 0.36x | $286.98 Million |
| Chieftek Precision Co Ltd (1597) | $2.41 Billion | 3.30% | 0.70x | $376.64 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $7.29 Billion | -8.48% | 0.57x | $449.73 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $19.76 Billion | 6.53% | 2.19x | $870.75 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.96 Billion | 1.46% | 0.15x | $323.64 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $285.63 Million |
About C-Tech United
C-Tech United Corp., together with its subsidiaries, designs and manufactures lithium battery modules in Taiwan. The company offers lithium battery module, plastic injection molding/mold development, and general lithium battery. It also provides batteries for electric motorcycles, electric bicycle; back up power system; and notebook lithium battery PCBA. In addition, the company engages in the de… Read more