Array Inc
Array Inc. engages in the research, manufacturing, and sale of application delivery controllers, high-end SSL VPN systems, remote desktop access solutions, and application acceleration and WAN optimization controllers. The company also offers network functions platform; and Zentry for modernizing secure access, which helps customers migrate to zero trust security model from perimeter model, such … Read more
Array Inc (3664) - Net Assets
Latest net assets as of September 2025: NT$317.70 Million TWD
Based on the latest financial reports, Array Inc (3664) has net assets worth NT$317.70 Million 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$1.02 Billion) and total liabilities (NT$707.16 Million). 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$317.70 Million |
| % of Total Assets | 31.0% |
| Annual Growth Rate | -21.3% |
| 5-Year Change | -35.97% |
| 10-Year Change | N/A |
| Growth Volatility | 29.14 |
Array Inc - Net Assets Trend (2019–2024)
This chart illustrates how Array Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Array Inc (2019–2024)
The table below shows the annual net assets of Array Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$327.31 Million | +2.08% |
| 2023-12-31 | NT$320.63 Million | +29.23% |
| 2022-12-31 | NT$248.12 Million | -37.87% |
| 2021-12-31 | NT$399.34 Million | -21.88% |
| 2020-12-31 | NT$511.20 Million | -52.88% |
| 2019-12-31 | NT$1.08 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Array Inc'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 40564700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$858.26 Million | 262.16% |
| Total Equity | NT$327.38 Million | 100.00% |
Array Inc Competitors by Market Cap
The table below lists competitors of Array Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Curvebeam Ai Ltd
AU:CVB
|
$11.44 Million |
|
S. Khonkaen Foods Public Company Limited
BK:SORKON
|
$11.44 Million |
|
Paz Oil
TA:PZOL
|
$11.44 Million |
|
Hurum Co. Ltd.
KQ:353190
|
$11.45 Million |
|
Merck Tbk
JK:MERK
|
$11.43 Million |
|
Twenty-Four Con & Supply PCL
BK:24CS
|
$11.43 Million |
|
Sat Nusapersada Tbk
JK:PTSN
|
$11.43 Million |
|
Jade Gas Holdings Ltd
AU:JGH
|
$11.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Array Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 320,700,000 to 327,380,000, a change of 6,680,000 (2.1%).
- Net income of 3,251,000 contributed positively to equity growth.
- New share issuances of 1,094,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.25 Million | +0.99% |
| Share Issuances | NT$1.09 Million | +0.33% |
| Other Changes | NT$2.33 Million | +0.71% |
| Total Change | NT$- | 2.08% |
Book Value vs Market Value Analysis
This analysis compares Array Inc'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: 2.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.08x to 2.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$13.00 | NT$14.00 | x |
| 2020-12-31 | NT$10.39 | NT$14.00 | x |
| 2021-12-31 | NT$8.12 | NT$14.00 | x |
| 2022-12-31 | NT$5.04 | NT$14.00 | x |
| 2023-12-31 | NT$5.86 | NT$14.00 | x |
| 2024-12-31 | NT$5.77 | NT$14.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Array Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.46%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 3.12x
- Recent ROE (0.99%) is above the historical average (-23.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -19.13% | -22.81% | 0.49x | 1.70x | NT$-186.20 Million |
| 2020 | -20.20% | -20.38% | 0.54x | 1.85x | NT$-154.36 Million |
| 2021 | -23.95% | -22.06% | 0.55x | 1.96x | NT$-135.56 Million |
| 2022 | -72.33% | -38.60% | 0.64x | 2.92x | NT$-204.34 Million |
| 2023 | -6.62% | -3.39% | 0.78x | 2.49x | NT$-53.29 Million |
| 2024 | 0.99% | 0.46% | 0.70x | 3.12x | NT$-29.49 Million |
Industry Comparison
This section compares Array Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,087,269,200
- Average return on equity (ROE) among peers: -4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Array Inc (3664) | NT$317.70 Million | -19.13% | 2.23x | $11.43 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $36.51 Million |
| Tecom Co Ltd (2321) | $530.15 Million | -16.22% | 4.00x | $4.22 Million |
| D-Link Corp (2332) | $13.60 Billion | 4.76% | 0.80x | $217.00 Million |
| Accton Technology Corp (2345) | $6.43 Billion | -9.64% | 0.97x | $22.08 Billion |
| Hitron Technologies Inc (2419) | $1.72 Billion | 0.29% | 1.37x | $106.12 Million |
| Abocom Systems Inc (2444) | $1.08 Billion | 1.09% | 1.04x | $38.22 Million |
| Zinwell Corporation (2485) | $6.81 Billion | 0.46% | 0.24x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $665.75 Million | 0.00% | 0.74x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $2.57 Billion | 5.51% | 0.79x | $96.92 Million |
| CyberTAN Technology Inc (3062) | $5.01 Billion | 1.39% | 0.48x | $227.43 Million |