Grand-Tek Technology Co. Ltd.
Grand-Tek Technology Co., Ltd., together with its subsidiaries, designs, manufactures, and sells high-frequency connection lines and wireless communication integration subsystems in Taiwan, the Netherlands, the United States, the United Kingdom, China, and internationally. The company offers weatherproof antennas, enclosure systems, and mounting brackets. It also provides electronic components in… Read more
Grand-Tek Technology Co. Ltd. (3684) - Net Assets
Latest net assets as of December 2025: NT$719.90 Million TWD
Based on the latest financial reports, Grand-Tek Technology Co. Ltd. (3684) has net assets worth NT$719.90 Million TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.34 Billion) and total liabilities (NT$624.60 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$719.90 Million |
| % of Total Assets | 53.54% |
| Annual Growth Rate | 6.03% |
| 5-Year Change | 25.67% |
| 10-Year Change | N/A |
| Growth Volatility | 6.02 |
Grand-Tek Technology Co. Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how Grand-Tek Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grand-Tek Technology Co. Ltd. (2019–2025)
The table below shows the annual net assets of Grand-Tek Technology Co. Ltd. from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$719.90 Million | +7.73% |
| 2024-12-31 | NT$668.27 Million | +10.40% |
| 2023-12-31 | NT$605.32 Million | -3.33% |
| 2022-12-31 | NT$626.19 Million | +9.31% |
| 2021-12-31 | NT$572.87 Million | +13.53% |
| 2020-12-31 | NT$504.61 Million | -0.38% |
| 2019-12-31 | NT$506.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grand-Tek 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 grown by 52.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$206.82 Million | 28.73% |
| Other Components | NT$513.08 Million | 71.27% |
| Total Equity | NT$719.90 Million | 100.00% |
Grand-Tek Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Grand-Tek Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carma Limited
AU:CMA
|
$24.79 Million |
|
ZUE SA
WAR:ZUE
|
$24.79 Million |
|
Harvard Bioscience Inc
NASDAQ:HBIO
|
$24.80 Million |
|
PetVivo Holdings Inc
NASDAQ:PETV
|
$24.80 Million |
|
Peak Resources Limited
PINK:PKREF
|
$24.79 Million |
|
Dongnam Chem
KO:023450
|
$24.78 Million |
|
P&S Robotics Co., Ltd.
KQ:460940
|
$24.77 Million |
|
Osmond Resources Ltd
AU:OSM
|
$24.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand-Tek Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 668,271,000 to 719,900,000, a change of 51,629,000 (7.7%).
- Net income of 104,928,000 contributed positively to equity growth.
- Dividend payments of 69,004,000 reduced retained earnings.
- Other factors increased equity by 15,705,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$104.93 Million | +14.58% |
| Dividends Paid | NT$69.00 Million | -9.59% |
| Other Changes | NT$15.71 Million | +2.18% |
| Total Change | NT$- | 7.73% |
Book Value vs Market Value Analysis
This analysis compares Grand-Tek 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: 2.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.50x to 2.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$17.22 | NT$60.20 | x |
| 2020-12-31 | NT$17.13 | NT$60.20 | x |
| 2021-12-31 | NT$19.12 | NT$60.20 | x |
| 2022-12-31 | NT$20.68 | NT$60.20 | x |
| 2023-12-31 | NT$20.10 | NT$60.20 | x |
| 2024-12-31 | NT$22.27 | NT$60.20 | x |
| 2025-12-31 | NT$24.00 | NT$60.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand-Tek 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): 14.58%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.13%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.87x
- Recent ROE (14.58%) is above the historical average (14.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 22.00% | 23.67% | 0.52x | 1.78x | NT$60.79 Million |
| 2020 | 9.66% | 9.34% | 0.60x | 1.73x | NT$-1.69 Million |
| 2021 | 14.90% | 9.28% | 0.83x | 1.94x | NT$28.07 Million |
| 2022 | 19.65% | 10.88% | 0.99x | 1.82x | NT$60.42 Million |
| 2023 | 5.78% | 4.33% | 0.85x | 1.57x | NT$-25.53 Million |
| 2024 | 12.58% | 8.96% | 0.85x | 1.65x | NT$17.22 Million |
| 2025 | 14.58% | 9.13% | 0.86x | 1.87x | NT$32.94 Million |
Industry Comparison
This section compares Grand-Tek 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: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand-Tek Technology Co. Ltd. (3684) | NT$719.90 Million | 22.00% | 0.87x | $24.79 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |