Connection Technology Systems (3672) - Net Assets

Latest as of December 2025: NT$327.80 Million TWD ≈ $10.33 Million USD

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 how resilient are Connection Technology Systems's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Connection Technology Systems for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Connection Technology Systems market capitalisation.

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	--

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
Janfusun Fancyworld TWO:5701	$15.36 Million
Yimutian Inc. American Depositary Shares NASDAQ:YMT	$15.38 Million
Immo Mcc NV BR:MCC	$15.39 Million
Xref Ltd AU:XF1	$15.41 Million
SPAR Group Inc NASDAQ:SGRP	$15.35 Million
Raspberry Pi Holdings PLC LSE:RPI	$15.35 Million
Labo Print SA WAR:LAB	$15.34 Million
Rcm Beteiligungs AG F:RCMN	$15.33 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: 1.49x
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 0.80x to 1.49x 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$11.95	x
2018-12-31	NT$14.55	NT$11.95	x
2019-12-31	NT$12.31	NT$11.95	x
2020-12-31	NT$12.70	NT$11.95	x
2021-12-31	NT$12.64	NT$11.95	x
2022-12-31	NT$11.64	NT$11.95	x
2023-12-31	NT$10.37	NT$11.95	x
2024-12-31	NT$8.36	NT$11.95	x
2025-12-31	NT$8.03	NT$11.95	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: $3,545,987,700
Average return on equity (ROE) among peers: 5.25%

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	$15.36 Million
Microelectronics Technology Inc (2314)	$5.20 Billion	8.15%	0.60x	$47.14 Million
Tecom Co Ltd (2321)	$547.52 Million	8.67%	4.30x	$12.46 Million
D-Link Corp (2332)	$8.93 Billion	-4.95%	0.76x	$260.42 Million
Accton Technology Corp (2345)	$7.06 Billion	14.25%	0.92x	$40.15 Billion
Hitron Technologies Inc (2419)	$3.48 Billion	4.27%	1.04x	$306.23 Million
Abocom Systems Inc (2444)	$1.36 Billion	7.88%	0.70x	$42.72 Million
Zinwell Corporation (2485)	$2.25 Billion	6.82%	0.17x	$587.53 Million
Loop Telecommunication International Inc (3025)	$787.95 Million	-5.56%	0.24x	$107.43 Million
Edimax Technology Co Ltd (3047)	$2.49 Billion	3.33%	1.52x	$102.61 Million
CyberTAN Technology Inc (3062)	$3.36 Billion	9.59%	1.88x	$257.39 Million

About Connection Technology Systems

TWO:3672 Taiwan Communication Equipment

Market Cap

$15.36 Million

NT$487.44 Million TWD

Market Cap Rank

#25779 Global

#1576 in Taiwan

Share Price

NT$11.95

Change (1 day)

+9.63%

52-Week Range

NT$10.65 - NT$19.30

All Time High

NT$49.03