Motion Technology Electric & Machinery Co., Ltd.
Motion Technology Electric & Machinery Co., Ltd., together with its subsidiary, designs, manufactures, and sells motors for use in medical appliances, electric wheelchairs, mobility scooters, and elevators and transmission systems. The company offers brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, reluctance motor controls, electric logistic equipment, and othe… Read more
Motion Technology Electric & Machinery Co., Ltd. (4589) - Net Assets
Latest net assets as of June 2025: NT$532.65 Million TWD
Based on the latest financial reports, Motion Technology Electric & Machinery Co., Ltd. (4589) has net assets worth NT$532.65 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$972.18 Million) and total liabilities (NT$439.53 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$532.65 Million |
| % of Total Assets | 54.79% |
| Annual Growth Rate | 16.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.47 |
Motion Technology Electric & Machinery Co., Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Motion Technology Electric & Machinery 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 Motion Technology Electric & Machinery Co., Ltd. (2021–2024)
The table below shows the annual net assets of Motion Technology Electric & Machinery Co., Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$574.62 Million | +5.84% |
| 2023-12-31 | NT$542.92 Million | +14.64% |
| 2022-12-31 | NT$473.58 Million | +31.11% |
| 2021-12-31 | NT$361.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Motion Technology Electric & Machinery 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 169.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$174.47 Million | 30.36% |
| Common Stock | NT$255.42 Million | 44.45% |
| Other Components | NT$144.73 Million | 25.19% |
| Total Equity | NT$574.62 Million | 100.00% |
Motion Technology Electric & Machinery Co., Ltd. Competitors by Market Cap
The table below lists competitors of Motion Technology Electric & Machinery Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lattice Incorporated
PINK:LTTC
|
$9.37K |
|
Francisco Industries Inc
PINK:FRAZ
|
$9.37K |
|
ORMESTER V.NY.M.RT.UF 100
F:2OM0
|
$9.37K |
|
MBH Corporation PLC
PINK:MBHCF
|
$9.37K |
|
Equitech International Corporation
PINK:EQTL
|
$9.34K |
|
Antimony Resources Corp.
F:K8J0
|
$9.32K |
|
CAVELL TOURISTIC INVESTMENTS LTD
SEM:CAVT
|
$9.30K |
|
MB Securities JSC
VN:MBS
|
$9.30K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Motion Technology Electric & Machinery Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 542,922,000 to 574,621,000, a change of 31,699,000 (5.8%).
- Net income of 67,952,000 contributed positively to equity growth.
- Dividend payments of 40,868,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$67.95 Million | +11.83% |
| Dividends Paid | NT$40.87 Million | -7.11% |
| Other Changes | NT$4.62 Million | +0.8% |
| Total Change | NT$- | 5.84% |
Book Value vs Market Value Analysis
This analysis compares Motion Technology Electric & Machinery 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: 1.55x
- 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 2.05x to 1.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$16.72 | NT$34.30 | x |
| 2022-12-31 | NT$19.68 | NT$34.30 | x |
| 2023-12-31 | NT$21.10 | NT$34.30 | x |
| 2024-12-31 | NT$22.06 | NT$34.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Motion Technology Electric & Machinery Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.44%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.96x
- Recent ROE (11.83%) is below the historical average (12.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 8.56% | 4.16% | 0.89x | 2.32x | NT$-5.18 Million |
| 2022 | 16.85% | 8.84% | 0.88x | 2.16x | NT$32.44 Million |
| 2023 | 14.46% | 8.52% | 0.84x | 2.03x | NT$24.19 Million |
| 2024 | 11.83% | 7.44% | 0.81x | 1.96x | NT$10.49 Million |
Industry Comparison
This section compares Motion Technology Electric & Machinery 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: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Motion Technology Electric & Machinery Co., Ltd. (4589) | NT$532.65 Million | 8.56% | 0.83x | $9.34K |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |