New Era Electronics Co Ltd (4909) - Net Assets
Based on the latest financial reports, New Era Electronics Co Ltd (4909) has net assets worth NT$2.55 Billion TWD (≈ $80.18 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$2.69 Billion ≈ $84.79 Million USD) and total liabilities (NT$146.38 Million ≈ $4.61 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 4909 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.55 Billion |
| % of Total Assets | 94.56% |
| Annual Growth Rate | -0.25% |
| 5-Year Change | 7.13% |
| 10-Year Change | -3.15% |
| Growth Volatility | 13.37 |
New Era Electronics Co Ltd - Net Assets Trend (2015–2025)
This chart illustrates how New Era Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. See New Era Electronics Co Ltd (4909) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for New Era Electronics Co Ltd (2015–2025)
The table below shows the annual net assets of New Era Electronics Co Ltd from 2015 to 2025. For live valuation and market cap data, see New Era Electronics Co Ltd (4909) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.55 Billion ≈ $80.18 Million |
-21.26% |
| 2024-12-31 | NT$3.23 Billion ≈ $101.83 Million |
+35.73% |
| 2023-12-31 | NT$2.38 Billion ≈ $75.02 Million |
+1.85% |
| 2022-12-31 | NT$2.34 Billion ≈ $73.66 Million |
-1.58% |
| 2021-12-31 | NT$2.38 Billion ≈ $74.84 Million |
-5.82% |
| 2020-12-31 | NT$2.52 Billion ≈ $79.47 Million |
-0.53% |
| 2019-12-31 | NT$2.54 Billion ≈ $79.89 Million |
-2.89% |
| 2018-12-31 | NT$2.61 Billion ≈ $82.27 Million |
+2.32% |
| 2017-12-31 | NT$2.55 Billion ≈ $80.40 Million |
-2.89% |
| 2016-12-31 | NT$2.63 Billion ≈ $82.79 Million |
+0.68% |
| 2015-12-31 | NT$2.61 Billion ≈ $82.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to New Era Electronics 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 37.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$615.48 Million | 24.18% |
| Other Components | NT$1.93 Billion | 75.82% |
| Total Equity | NT$2.55 Billion | 100.00% |
New Era Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of New Era Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indigo Acquisition Corp. Ordinary Shares
NASDAQ:INAC
|
$147.99 Million |
|
Mayur Resources Ltd
AU:MRL
|
$148.04 Million |
|
Ibraco Bhd
KLSE:5084
|
$148.06 Million |
|
JF Technology BHD
KLSE:0146
|
$148.07 Million |
|
LONCOR GOLD INC.
F:LO5
|
$147.91 Million |
|
Samwha Electri
KO:009470
|
$147.91 Million |
|
Sajo Ind
KO:007160
|
$147.90 Million |
|
Taitien Electronics Co Ltd
TWO:8289
|
$147.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Era Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,232,127,000 to 2,545,025,000, a change of -687,102,000 (-21.3%).
- Net loss of 116,656,000 reduced equity.
- Dividend payments of 560,141,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-116.66 Million | -4.58% |
| Dividends Paid | NT$560.14 Million | -22.01% |
| Other Changes | NT$-10.30 Million | -0.4% |
| Total Change | NT$- | -21.26% |
Book Value vs Market Value Analysis
This analysis compares New Era Electronics 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: 1.85x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$27.34 | NT$50.30 | x |
| 2018-12-31 | NT$27.97 | NT$50.30 | x |
| 2019-12-31 | NT$27.16 | NT$50.30 | x |
| 2020-12-31 | NT$27.02 | NT$50.30 | x |
| 2021-12-31 | NT$25.45 | NT$50.30 | x |
| 2022-12-31 | NT$25.04 | NT$50.30 | x |
| 2023-12-31 | NT$25.48 | NT$50.30 | x |
| 2024-12-31 | NT$34.62 | NT$50.30 | x |
| 2025-12-31 | NT$27.26 | NT$50.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Era Electronics Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -39.33%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.06x
- Recent ROE (-4.58%) is below the historical average (3.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.31% | 15.21% | 0.49x | 1.24x | NT$-17.94 Million |
| 2016 | 7.51% | 12.57% | 0.45x | 1.32x | NT$-65.34 Million |
| 2017 | 3.33% | 6.40% | 0.39x | 1.32x | NT$-170.19 Million |
| 2018 | 3.89% | 9.38% | 0.31x | 1.32x | NT$-159.63 Million |
| 2019 | 0.12% | 0.39% | 0.26x | 1.17x | NT$-250.51 Million |
| 2020 | 0.59% | 2.18% | 0.24x | 1.14x | NT$-237.37 Million |
| 2021 | -4.96% | -17.50% | 0.25x | 1.12x | NT$-355.42 Million |
| 2022 | -2.34% | -11.07% | 0.19x | 1.08x | NT$-288.56 Million |
| 2023 | 1.63% | 5.41% | 0.28x | 1.10x | NT$-199.24 Million |
| 2024 | 29.28% | 34.08% | 0.74x | 1.16x | NT$623.26 Million |
| 2025 | -4.58% | -39.33% | 0.11x | 1.06x | NT$-371.16 Million |
Industry Comparison
This section compares New Era Electronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $159,345,053,500
- Average return on equity (ROE) among peers: 6.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Era Electronics Co Ltd (4909) | NT$2.55 Billion | 9.31% | 0.06x | $147.95 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $415.89 Million |
| Fulltech Fiber Glass (1815) | $6.62 Billion | -7.24% | 1.18x | $1.56 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $176.36 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.58 Billion | 6.24% | 1.23x | $9.91 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $1.07 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $119.65 Billion |
| Yageo Corp (2327) | $31.33 Billion | 21.85% | 1.22x | $64.25 Billion |
| Pan-International Industrial Corp (2328) | $11.32 Billion | 2.51% | 0.66x | $859.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.89 Billion | 10.93% | 0.75x | $726.35 Million |
| Solomon Technology Corp (2359) | $3.80 Billion | 0.00% | 1.33x | $712.68 Million |
About New Era Electronics Co Ltd
New Era Electronics Co., Ltd engages in the design, manufacture, assembly, and sale of printed circuit boards (PCBs) in Taiwan and internationally. The company offers microwave RF PCBs for use in base station antenna, low noise block, and telecom equipment; heavy copper, metal core bonding, and high thermal conductivity which are used in work station power supply, base station transceivers, serve… Read more