Connection Technology Systems (3672) - Net Assets
Based on the latest financial reports, Connection Technology Systems (3672) has net assets worth NT$327.80 Million TWD (≈ $10.33 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$572.81 Million ≈ $18.05 Million USD) and total liabilities (NT$245.01 Million ≈ $7.72 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 3672 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$327.80 Million |
| % of Total Assets | 57.23% |
| Annual Growth Rate | -5.06% |
| 5-Year Change | -16.35% |
| 10-Year Change | N/A |
| Growth Volatility | 12.18 |
Connection Technology Systems - Net Assets Trend (2017–2025)
This chart illustrates how Connection Technology Systems's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 3672 stock market capitalisation.
Annual Net Assets for Connection Technology Systems (2017–2025)
The table below shows the annual net assets of Connection Technology Systems from 2017 to 2025. Also explore 3672 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$327.80 Million ≈ $10.33 Million |
+21.89% |
| 2024-12-31 | NT$268.93 Million ≈ $8.47 Million |
-19.39% |
| 2023-12-31 | NT$333.63 Million ≈ $10.51 Million |
-10.41% |
| 2022-12-31 | NT$372.42 Million ≈ $11.73 Million |
-4.96% |
| 2021-12-31 | NT$391.86 Million ≈ $12.35 Million |
+0.06% |
| 2020-12-31 | NT$391.64 Million ≈ $12.34 Million |
+0.53% |
| 2019-12-31 | NT$389.57 Million ≈ $12.27 Million |
-18.22% |
| 2018-12-31 | NT$476.36 Million ≈ $15.01 Million |
-4.07% |
| 2017-12-31 | NT$496.56 Million ≈ $15.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Connection Technology Systems'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 279.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$470.81 Million | 143.66% |
| Total Equity | NT$327.72 Million | 100.00% |
Connection Technology Systems Competitors by Market Cap
The table below lists competitors of Connection Technology Systems ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pharma Equity Group A/S Cl A
CO:PEG
|
$15.17 Million |
|
Goodyear Lastikleri TAS
IS:GOODY
|
$15.18 Million |
|
Randgold Exploration
JSE:RNG
|
$15.18 Million |
|
Arts-Way Manufacturing Co Inc
NASDAQ:ARTW
|
$15.19 Million |
|
Playtech Plc
LSE:PTEC
|
$15.16 Million |
|
Taiwan Thick-Film Ind
TWO:6246
|
$15.14 Million |
|
Neurosense Therapeutics Ltd
NASDAQ:NRSN
|
$15.14 Million |
|
OXE Marine AB
ST:OXE
|
$15.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Connection Technology Systems's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 269,020,000 to 327,719,000, a change of 58,699,000 (21.8%).
- Net loss of 78,450,000 reduced equity.
- New share issuances of 129,008,000 increased equity.
- Other factors increased equity by 8,141,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-78.45 Million | -23.94% |
| Share Issuances | NT$129.01 Million | +39.37% |
| Other Changes | NT$8.14 Million | +2.48% |
| Total Change | NT$- | 21.82% |
Book Value vs Market Value Analysis
This analysis compares Connection Technology Systems'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: 1.47x
- 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 0.79x to 1.47x 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$14.89 | NT$11.80 | x |
| 2018-12-31 | NT$14.55 | NT$11.80 | x |
| 2019-12-31 | NT$12.31 | NT$11.80 | x |
| 2020-12-31 | NT$12.70 | NT$11.80 | x |
| 2021-12-31 | NT$12.64 | NT$11.80 | x |
| 2022-12-31 | NT$11.64 | NT$11.80 | x |
| 2023-12-31 | NT$10.37 | NT$11.80 | x |
| 2024-12-31 | NT$8.36 | NT$11.80 | x |
| 2025-12-31 | NT$8.03 | NT$11.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Connection Technology Systems utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.48%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.75x
- Recent ROE (-23.94%) is below the historical average (-6.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 4.71% | 3.45% | 0.96x | 1.43x | NT$-25.40 Million |
| 2018 | 2.29% | 1.51% | 1.00x | 1.51x | NT$-35.50 Million |
| 2019 | -9.72% | -6.03% | 1.05x | 1.54x | NT$-76.64 Million |
| 2020 | 4.13% | 2.01% | 1.06x | 1.94x | NT$-22.95 Million |
| 2021 | 1.86% | 0.85% | 1.03x | 2.11x | NT$-31.87 Million |
| 2022 | -2.89% | -1.58% | 0.90x | 2.05x | NT$-48.29 Million |
| 2023 | -11.20% | -10.08% | 0.52x | 2.14x | NT$-70.71 Million |
| 2024 | -23.44% | -21.42% | 0.46x | 2.37x | NT$-89.96 Million |
| 2025 | -23.94% | -33.48% | 0.41x | 1.75x | NT$-111.22 Million |
Industry Comparison
This section compares Connection Technology Systems's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,419,154,900
- Average return on equity (ROE) among peers: 7.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Connection Technology Systems (3672) | NT$327.80 Million | 4.71% | 0.75x | $15.16 Million |
| Microelectronics Technology Inc (2314) | $2.66 Billion | 0.06% | 0.89x | $14.78 Million |
| Tecom Co Ltd (2321) | $409.37 Million | -19.23% | 5.10x | $26.06 Million |
| D-Link Corp (2332) | $15.00 Billion | 3.41% | 0.69x | $363.83 Million |
| Accton Technology Corp (2345) | $15.55 Billion | 30.25% | 1.25x | $32.40 Billion |
| Hitron Technologies Inc (2419) | $5.58 Billion | 7.21% | 1.25x | $276.87 Million |
| Abocom Systems Inc (2444) | $872.28 Million | 1.40% | 1.12x | $37.28 Million |
| Zinwell Corporation (2485) | $6.86 Billion | 13.06% | 0.38x | $389.85 Million |
| Loop Telecommunication International Inc (3025) | $843.19 Million | 23.68% | 0.52x | $90.45 Million |
| Edimax Technology Co Ltd (3047) | $833.02 Million | 11.87% | 1.02x | $95.67 Million |
| CyberTAN Technology Inc (3062) | $5.58 Billion | 2.99% | 0.39x | $215.01 Million |
About Connection Technology Systems
Connection Technology Systems Inc. designs, manufactures and sells network communication equipment and related products. The company offers fiber switch products, including fiber access, ethernet, POE switch, and CPE switches; fiber residential gateway products; and fiber media converter products comprising standalone, compact, and home-size media converters. The company also provides Wi-Fi route… Read more