Silicon Power Computer & Communications (4973) - Net Assets
Based on the latest financial reports, Silicon Power Computer & Communications (4973) has net assets worth NT$2.04 Billion TWD (≈ $64.22 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$3.04 Billion ≈ $95.82 Million USD) and total liabilities (NT$1.00 Billion ≈ $31.60 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 Silicon Power Computer & Communications liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.04 Billion |
| % of Total Assets | 67.02% |
| Annual Growth Rate | 3.49% |
| 5-Year Change | 17.34% |
| 10-Year Change | N/A |
| Growth Volatility | 13.04 |
Silicon Power Computer & Communications - Net Assets Trend (2015–2024)
This chart illustrates how Silicon Power Computer & Communications's net assets have evolved over time, based on quarterly financial data. Also explore Silicon Power Computer & Communications balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Silicon Power Computer & Communications (2015–2024)
The table below shows the annual net assets of Silicon Power Computer & Communications from 2015 to 2024. For live valuation and market cap data, see Silicon Power Computer & Communications market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.12 Billion ≈ $66.81 Million |
-8.80% |
| 2023-12-31 | NT$2.33 Billion ≈ $73.26 Million |
+20.39% |
| 2022-12-31 | NT$1.93 Billion ≈ $60.86 Million |
-14.67% |
| 2021-12-31 | NT$2.26 Billion ≈ $71.32 Million |
+25.25% |
| 2020-12-31 | NT$1.81 Billion ≈ $56.94 Million |
-0.68% |
| 2019-12-31 | NT$1.82 Billion ≈ $57.33 Million |
+13.86% |
| 2018-12-31 | NT$1.60 Billion ≈ $50.35 Million |
+4.71% |
| 2017-12-31 | NT$1.53 Billion ≈ $48.09 Million |
-8.86% |
| 2016-12-31 | NT$1.67 Billion ≈ $52.76 Million |
+7.55% |
| 2015-12-31 | NT$1.56 Billion ≈ $49.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Silicon Power Computer & Communications'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 18.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$409.84 Million | 19.33% |
| Other Components | NT$1.71 Billion | 80.67% |
| Total Equity | NT$2.12 Billion | 100.00% |
Silicon Power Computer & Communications Competitors by Market Cap
The table below lists competitors of Silicon Power Computer & Communications ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ekovest Bhd
KLSE:8877
|
$171.24 Million |
|
Bluerock Acquisition Corp. Class A Ordinary Shares
NASDAQ:BLRK
|
$171.29 Million |
|
J.G.CHEMICALS LIMITED
NSE:JGCHEM
|
$171.29 Million |
|
Atlan Holdings Bhd
KLSE:7048
|
$171.31 Million |
|
BV Financial, Inc. Common Stock
NASDAQ:BVFL
|
$171.16 Million |
|
Guerbet S. A.
PA:GBT
|
$171.08 Million |
|
Jyong Biotech Ltd. Ordinary Shares
NASDAQ:MENS
|
$171.06 Million |
|
Taokaenoi Food & Marketing Public Company Limited
BK:TKN
|
$171.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silicon Power Computer & Communications's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,325,372,000 to 2,120,667,000, a change of -204,705,000 (-8.8%).
- Net income of 113,260,000 contributed positively to equity growth.
- Dividend payments of 128,786,000 reduced retained earnings.
- Other factors decreased equity by 189,179,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$113.26 Million | +5.34% |
| Dividends Paid | NT$128.79 Million | -6.07% |
| Other Changes | NT$-189.18 Million | -8.92% |
| Total Change | NT$- | -8.80% |
Book Value vs Market Value Analysis
This analysis compares Silicon Power Computer & Communications'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: 2.52x
- 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 3.39x to 2.52x 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$24.52 | NT$83.10 | x |
| 2018-12-31 | NT$25.17 | NT$83.10 | x |
| 2019-12-31 | NT$29.07 | NT$83.10 | x |
| 2020-12-31 | NT$28.21 | NT$83.10 | x |
| 2021-12-31 | NT$35.53 | NT$83.10 | x |
| 2022-12-31 | NT$29.91 | NT$83.10 | x |
| 2023-12-31 | NT$36.16 | NT$83.10 | x |
| 2024-12-31 | NT$32.99 | NT$83.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silicon Power Computer & Communications utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.57%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 1.39x
- Recent ROE (5.34%) is above the historical average (5.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.27% | 0.93% | 2.26x | 1.55x | NT$-104.86 Million |
| 2016 | 7.90% | 3.13% | 1.93x | 1.31x | NT$-35.10 Million |
| 2017 | 1.12% | 0.40% | 1.51x | 1.87x | NT$-135.49 Million |
| 2018 | 5.33% | 1.89% | 1.99x | 1.41x | NT$-74.69 Million |
| 2019 | 5.25% | 2.48% | 1.45x | 1.45x | NT$-86.50 Million |
| 2020 | 4.03% | 1.67% | 1.73x | 1.40x | NT$-107.84 Million |
| 2021 | 0.99% | 0.54% | 1.29x | 1.44x | NT$-203.85 Million |
| 2022 | 9.49% | 4.22% | 1.56x | 1.44x | NT$-9.85 Million |
| 2023 | 8.50% | 4.40% | 1.33x | 1.46x | NT$-34.94 Million |
| 2024 | 5.34% | 2.57% | 1.49x | 1.39x | NT$-98.81 Million |
Industry Comparison
This section compares Silicon Power Computer & Communications's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,332,807,700
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silicon Power Computer & Communications (4973) | NT$2.04 Billion | 3.27% | 0.49x | $171.21 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About Silicon Power Computer & Communications
Silicon Power Computer & Communications Inc. engages in the manufacturing and trading of data storage, processing equipment, and electronic components. It provides gaming/desktop, laptop, server/workstation memory modules; solid state drives; portable SSD, and hard drives; USB flash drives, external hard drives, memory cards, power banks, as well as accessories, such as wall chargers, wireless ch… Read more