AIC Inc (3693) - Net Assets

Latest as of December 2025: NT$5.28 Billion TWD ≈ $166.19 Million USD

Based on the latest financial reports, AIC Inc (3693) has net assets worth NT$5.28 Billion TWD (≈ $166.19 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$7.74 Billion ≈ $243.87 Million USD) and total liabilities (NT$2.47 Billion ≈ $77.68 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 tangible equity quality of AIC Inc to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$5.28 Billion
% of Total Assets	68.15%
Annual Growth Rate	10.95%
5-Year Change	211.37%
10-Year Change	192.53%
Growth Volatility	25.47

AIC Inc - Net Assets Trend (2015–2025)

This chart illustrates how AIC Inc's net assets have evolved over time, based on quarterly financial data. See 3693 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for AIC Inc (2015–2025)

The table below shows the annual net assets of AIC Inc from 2015 to 2025. For live valuation and market cap data, see AIC Inc (3693) market capitalisation.

Year	Net Assets	Change
2025-12-31	NT$5.28 Billion ≈ $166.19 Million	+4.57%
2024-12-31	NT$5.04 Billion ≈ $158.93 Million	+79.02%
2023-12-31	NT$2.82 Billion ≈ $88.78 Million	+32.64%
2022-12-31	NT$2.12 Billion ≈ $66.93 Million	+25.40%
2021-12-31	NT$1.69 Billion ≈ $53.37 Million	+5.19%
2020-12-31	NT$1.61 Billion ≈ $50.74 Million	+4.78%
2019-12-31	NT$1.54 Billion ≈ $48.43 Million	+0.97%
2018-12-31	NT$1.52 Billion ≈ $47.96 Million	-0.42%
2017-12-31	NT$1.53 Billion ≈ $48.17 Million	-15.21%
2016-12-31	NT$1.80 Billion ≈ $56.81 Million	-3.37%
2015-12-31	NT$1.87 Billion ≈ $58.79 Million	--

Equity Component Analysis

This analysis shows how different components contribute to AIC 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 grown by 142.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$2.37 Billion	45.54%
Other Components	NT$2.84 Billion	54.46%
Total Equity	NT$5.21 Billion	100.00%

AIC Inc Competitors by Market Cap

The table below lists competitors of AIC Inc ranked by their market capitalization.

Company	Market Cap
Zhejiang Tieliu Clutch Co Ltd SHG:603926	$672.50 Million
Thornburg Income Builder Opportunities Trust Common Stock NASDAQ:TBLD	$672.61 Million
Sido Muncul PT JK:SIDO	$672.67 Million
Kossan Rubber Industries Bhd KLSE:7153	$672.89 Million
Jiangsu Province Commun SHG:603018	$672.41 Million
Wuxi Delinhai Environmental Technology Co Ltd SHG:688069	$672.17 Million
ESGL Holdings Limited NASDAQ:OIO	$671.68 Million
Sundiro Holding Co Ltd SHE:000571	$671.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AIC Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,044,601,000 to 5,210,869,000, a change of 166,268,000 (3.3%).
Net income of 666,179,000 contributed positively to equity growth.
Dividend payments of 472,898,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$666.18 Million	+12.78%
Dividends Paid	NT$472.90 Million	-9.08%
Other Changes	NT$-27.01 Million	-0.52%
Total Change	NT$-	3.30%

Book Value vs Market Value Analysis

This analysis compares AIC 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: 4.10x
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 decreased from 12.51x to 4.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	NT$39.70	NT$496.50	x
2018-12-31	NT$39.55	NT$496.50	x
2019-12-31	NT$39.94	NT$496.50	x
2020-12-31	NT$41.78	NT$496.50	x
2021-12-31	NT$43.77	NT$496.50	x
2022-12-31	NT$54.34	NT$496.50	x
2023-12-31	NT$72.43	NT$496.50	x
2024-12-31	NT$117.34	NT$496.50	x
2025-12-31	NT$121.21	NT$496.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently AIC 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): 12.78%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.86%
• Asset Turnover: 0.97x
• Equity Multiplier: 1.49x
Recent ROE (12.78%) is above the historical average (10.74%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	18.20%	6.77%	1.66x	1.62x	NT$152.99 Million
2016	7.36%	3.90%	1.14x	1.65x	NT$-47.64 Million
2017	-9.28%	-5.42%	0.96x	1.79x	NT$-294.81 Million
2018	-0.53%	-0.28%	1.05x	1.79x	NT$-160.34 Million
2019	1.60%	0.65%	1.39x	1.77x	NT$-129.11 Million
2020	5.11%	2.75%	1.03x	1.80x	NT$-78.68 Million
2021	6.99%	3.43%	1.09x	1.86x	NT$-50.98 Million
2022	21.44%	8.27%	1.08x	2.41x	NT$242.94 Million
2023	32.92%	10.55%	1.28x	2.45x	NT$645.97 Million
2024	21.54%	12.73%	1.06x	1.59x	NT$582.15 Million
2025	12.78%	8.86%	0.97x	1.49x	NT$145.09 Million

Industry Comparison

This section compares AIC Inc's net assets metrics with peer companies in the Computer Hardware industry.

Industry Context

Industry: Computer Hardware
Average net assets among peers: $32,602,043,000
Average return on equity (ROE) among peers: 4.60%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
AIC Inc (3693)	NT$5.28 Billion	18.20%	0.47x	$672.48 Million
Solytech Enterprise Corp (1471)	$2.65 Billion	1.18%	0.39x	$54.97 Million
Lite-On Technology Corp (2301)	$74.14 Billion	13.51%	1.37x	$15.02 Billion
Microtek International Inc (2305)	$2.23 Billion	0.30%	0.28x	$195.44 Million
Kinpo Electronics Inc (2312)	$17.40 Billion	0.68%	1.29x	$1.65 Billion
CMC Magnetics Corp (2323)	$16.86 Billion	-6.42%	0.39x	$386.11 Million
Compal Electronics Inc (2324)	$31.11 Billion	0.00%	0.62x	$5.12 Billion
Elitegroup Computer Systems Co Ltd (2331)	$9.21 Billion	26.14%	1.49x	$390.74 Million
Ritek Corp (2349)	$33.11 Billion	-3.94%	0.65x	$298.32 Million
Qisda Corp (2352)	$58.96 Billion	8.46%	1.90x	$1.53 Billion
Acer Inc (2353)	$80.34 Billion	6.14%	1.60x	$3.31 Billion

About AIC Inc

TWO:3693 Taiwan Computer Hardware

Market Cap

$672.48 Million

NT$21.34 Billion TWD

Market Cap Rank

#10943 Global

#397 in Taiwan

Share Price

NT$496.50

Change (1 day)

-0.50%

52-Week Range

NT$234.50 - NT$707.00

All Time High

NT$707.00