Everbrite Technology Co Ltd (4523) - Net Assets
Based on the latest financial reports, Everbrite Technology Co Ltd (4523) has net assets worth NT$2.11 Billion TWD (≈ $66.40 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.33 Billion ≈ $136.41 Million USD) and total liabilities (NT$2.22 Billion ≈ $70.01 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 financial resilience of Everbrite Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.11 Billion |
| % of Total Assets | 48.68% |
| Annual Growth Rate | -6.03% |
| 5-Year Change | 17.45% |
| 10-Year Change | N/A |
| Growth Volatility | 10.46 |
Everbrite Technology Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Everbrite Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Everbrite Technology Co Ltd (4523) total assets for the complete picture of this company's asset base.
Annual Net Assets for Everbrite Technology Co Ltd (2015–2024)
The table below shows the annual net assets of Everbrite Technology Co Ltd from 2015 to 2024. For live valuation and market cap data, see Everbrite Technology Co Ltd (4523) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.11 Billion ≈ $35.12 Million |
+5.66% |
| 2023-12-31 | NT$1.05 Billion ≈ $33.24 Million |
+12.57% |
| 2022-12-31 | NT$937.20 Million ≈ $29.53 Million |
-1.60% |
| 2021-12-31 | NT$952.45 Million ≈ $30.01 Million |
+0.36% |
| 2020-12-31 | NT$949.02 Million ≈ $29.90 Million |
-24.77% |
| 2019-12-31 | NT$1.26 Billion ≈ $39.75 Million |
-13.29% |
| 2018-12-31 | NT$1.45 Billion ≈ $45.84 Million |
-11.79% |
| 2017-12-31 | NT$1.65 Billion ≈ $51.96 Million |
-8.65% |
| 2016-12-31 | NT$1.81 Billion ≈ $56.88 Million |
-7.42% |
| 2015-12-31 | NT$1.95 Billion ≈ $61.44 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Everbrite 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 decreased by 137.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.09 Billion | 145.43% |
| Total Equity | NT$748.76 Million | 100.00% |
Everbrite Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Everbrite Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ama Marine Public Company Limited
BK:AMA
|
$62.63 Million |
|
Herige SA
PA:ALHRG
|
$62.64 Million |
|
JAG Bhd
KLSE:0024
|
$62.65 Million |
|
Minda Global Bhd
KLSE:5166
|
$62.67 Million |
|
AmeriServ Financial Inc
NASDAQ:ASRV
|
$62.60 Million |
|
Unick Corporation
KQ:011320
|
$62.59 Million |
|
Chegg Inc
NYSE:CHGG
|
$62.56 Million |
|
Ahn-Gook Pharmaceutical Co. Ltd
KQ:001540
|
$62.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Everbrite Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 919,436,000 to 748,763,000, a change of -170,673,000 (-18.6%).
- Net loss of 97,802,000 reduced equity.
- New share issuances of 15,092,000 increased equity.
- Other factors decreased equity by 87,963,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-97.80 Million | -13.06% |
| Share Issuances | NT$15.09 Million | +2.02% |
| Other Changes | NT$-87.96 Million | -11.75% |
| Total Change | NT$- | -18.56% |
Book Value vs Market Value Analysis
This analysis compares Everbrite 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: 2.66x
- 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 1.19x to 2.66x 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$25.77 | NT$30.60 | x |
| 2018-12-31 | NT$22.73 | NT$30.60 | x |
| 2019-12-31 | NT$19.71 | NT$30.60 | x |
| 2020-12-31 | NT$14.83 | NT$30.60 | x |
| 2021-12-31 | NT$14.88 | NT$30.60 | x |
| 2022-12-31 | NT$13.72 | NT$30.60 | x |
| 2023-12-31 | NT$14.37 | NT$30.60 | x |
| 2024-12-31 | NT$11.50 | NT$30.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Everbrite Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.83%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 3.07x
- Recent ROE (-13.06%) is below the historical average (-9.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -0.07% | -0.09% | 0.55x | 1.48x | NT$-196.41 Million |
| 2016 | 0.02% | 0.02% | 0.61x | 1.61x | NT$-180.14 Million |
| 2017 | -7.24% | -7.98% | 0.55x | 1.66x | NT$-284.40 Million |
| 2018 | -11.09% | -15.85% | 0.41x | 1.69x | NT$-306.84 Million |
| 2019 | -13.95% | -18.14% | 0.49x | 1.58x | NT$-302.08 Million |
| 2020 | -31.95% | -44.89% | 0.42x | 1.69x | NT$-398.08 Million |
| 2021 | -1.50% | -1.97% | 0.54x | 1.40x | NT$-109.53 Million |
| 2022 | -10.46% | -16.48% | 0.38x | 1.68x | NT$-179.63 Million |
| 2023 | -1.77% | -2.79% | 0.28x | 2.29x | NT$-108.21 Million |
| 2024 | -13.06% | -15.83% | 0.27x | 3.07x | NT$-172.68 Million |
Industry Comparison
This section compares Everbrite Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,912,262,400
- Average return on equity (ROE) among peers: 4.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Everbrite Technology Co Ltd (4523) | NT$2.11 Billion | -0.07% | 1.05x | $62.62 Million |
| Shihlin Electric & Engineering Corp (1503) | $28.69 Billion | 7.01% | 0.72x | $3.11 Billion |
| Allis Electric Co Ltd (1514) | $2.18 Billion | 0.00% | 0.81x | $920.17 Million |
| Fortune Electric Co Ltd (1519) | $2.42 Billion | 9.14% | 1.69x | $8.84 Billion |
| Klingon Aerospace Inc (1529) | $1.88 Billion | 8.88% | 0.69x | $106.03 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $1.30 Billion | 2.54% | 1.20x | $318.00 Million |
| Chieftek Precision Co Ltd (1597) | $1.32 Billion | 5.36% | 0.73x | $394.51 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $7.29 Billion | -8.48% | 0.57x | $437.03 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $7.88 Billion | 5.93% | 1.34x | $794.28 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.92 Billion | 1.04% | 0.18x | $355.01 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.25 Billion | 13.75% | 0.92x | $283.16 Million |
About Everbrite Technology Co Ltd
Everbrite Technology Co., Ltd., together with its subsidiaries, engages in the manufacture, sale, installation, after-sale service, and agency of automotive air conditioners, electromechanical systems, and electronic components in Taiwan, Japan, and internationally. It operates through Thermal Management, Energy Technology, Smart Life, and Precision Processing segments. The company offers car air… Read more