APEX International Financial Engineering Res & Tech Co Ltd (5210) - Net Assets

Latest as of September 2025: NT$755.84 Million TWD ≈ $23.81 Million USD

Based on the latest financial reports, APEX International Financial Engineering Res & Tech Co Ltd (5210) has net assets worth NT$755.84 Million TWD (≈ $23.81 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$833.62 Million ≈ $26.26 Million USD) and total liabilities (NT$77.78 Million ≈ $2.45 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 APEX International Financial Engineering liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$755.84 Million
% of Total Assets	90.67%
Annual Growth Rate	-0.26%
5-Year Change	35.77%
10-Year Change	N/A
Growth Volatility	29.21

APEX International Financial Engineering Res & Tech Co Ltd - Net Assets Trend (2016–2024)

This chart illustrates how APEX International Financial Engineering Res & Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of APEX International Financial Engineering for the complete picture of this company's asset base.

Annual Net Assets for APEX International Financial Engineering Res & Tech Co Ltd (2016–2024)

The table below shows the annual net assets of APEX International Financial Engineering Res & Tech Co Ltd from 2016 to 2024. For live valuation and market cap data, see APEX International Financial Engineering (5210) market capitalisation.

Year	Net Assets	Change
2024-12-31	NT$739.58 Million ≈ $23.30 Million	+78.14%
2023-12-31	NT$415.17 Million ≈ $13.08 Million	-20.07%
2022-12-31	NT$519.38 Million ≈ $16.36 Million	-0.67%
2021-12-31	NT$522.88 Million ≈ $16.47 Million	-4.01%
2020-12-31	NT$544.73 Million ≈ $17.16 Million	-16.77%
2019-12-31	NT$654.48 Million ≈ $20.62 Million	-4.04%
2018-12-31	NT$682.03 Million ≈ $21.49 Million	-1.86%
2017-12-31	NT$694.95 Million ≈ $21.89 Million	-7.96%
2016-12-31	NT$755.05 Million ≈ $23.79 Million	--

Equity Component Analysis

This analysis shows how different components contribute to APEX International Financial Engineering Res & Tech 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 900.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	NT$973.48 Million	131.63%
Total Equity	NT$739.58 Million	100.00%

APEX International Financial Engineering Res & Tech Co Ltd Competitors by Market Cap

The table below lists competitors of APEX International Financial Engineering Res & Tech Co Ltd ranked by their market capitalization.

Company	Market Cap
SK Innovation Co Ltd Pref KO:096775	$58.91 Million
Welspun Investments and Commercials Limited NSE:WELINV	$58.91 Million
NRX Pharmaceuticals Inc NASDAQ:NRXP	$58.91 Million
Adveritas Ltd AU:AV1	$58.91 Million
Y-Optics Manufacture Co. Ltd KQ:066430	$58.89 Million
Li-S Energy Ltd AU:LIS	$58.89 Million
Transpaco Ltd JSE:TPC	$58.88 Million
Odyssey Marine Exploration Inc NASDAQ:OMEX	$58.80 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in APEX International Financial Engineering Res & Tech Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 415,167,000 to 739,575,000, a change of 324,408,000 (78.1%).
Net loss of 55,809,000 reduced equity.
New share issuances of 379,000,000 increased equity.
Other comprehensive income increased equity by 29,092,000.
Other factors decreased equity by 27,875,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	NT$-55.81 Million	-7.55%
Share Issuances	NT$379.00 Million	+51.25%
Other Comprehensive Income	NT$29.09 Million	+3.93%
Other Changes	NT$-27.88 Million	-3.77%
Total Change	NT$-	78.14%

Book Value vs Market Value Analysis

This analysis compares APEX International Financial Engineering Res & Tech 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: 2.53x
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 1.95x to 2.53x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	NT$11.64	NT$22.75	x
2017-12-31	NT$10.71	NT$22.75	x
2018-12-31	NT$10.51	NT$22.75	x
2019-12-31	NT$10.07	NT$22.75	x
2020-12-31	NT$8.69	NT$22.75	x
2021-12-31	NT$8.41	NT$22.75	x
2022-12-31	NT$8.35	NT$22.75	x
2023-12-31	NT$6.68	NT$22.75	x
2024-12-31	NT$9.00	NT$22.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently APEX International Financial Engineering Res & Tech 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): -7.55%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -22.07%
• Asset Turnover: 0.31x
• Equity Multiplier: 1.11x
Recent ROE (-7.55%) is below the historical average (-7.16%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	0.68%	1.70%	0.29x	1.38x	NT$-69.19 Million
2017	-6.59%	-16.62%	0.29x	1.36x	NT$-113.25 Million
2018	-2.69%	-6.42%	0.32x	1.30x	NT$-84.92 Million
2019	-3.59%	-8.37%	0.34x	1.25x	NT$-87.19 Million
2020	-14.55%	-35.20%	0.34x	1.23x	NT$-133.73 Million
2021	-4.36%	-8.87%	0.32x	1.53x	NT$-75.11 Million
2022	-2.37%	-3.97%	0.35x	1.71x	NT$-64.23 Million
2023	-23.43%	-37.12%	0.41x	1.53x	NT$-138.78 Million
2024	-7.55%	-22.07%	0.31x	1.11x	NT$-129.77 Million

Industry Comparison

This section compares APEX International Financial Engineering Res & Tech Co Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $1,527,808,429
Average return on equity (ROE) among peers: 11.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
APEX International Financial Engineering Res & Tech Co Ltd (5210)	NT$755.84 Million	0.68%	0.10x	$58.90 Million
K Way Information (5201)	$340.87 Million	12.04%	0.41x	$37.16 Million
Cyberlink Co (5203)	$4.84 Billion	14.61%	0.32x	$163.15 Million
Penpower Technology Ltd (5211)	$507.60 Million	-1.96%	0.11x	$20.78 Million
Dimerco Data System (5403)	$1.73 Billion	18.88%	1.93x	$231.03 Million
Insyde Software (6231)	$669.28 Million	9.91%	0.40x	$445.15 Million
Interactive Digital Technologies (6486)	$2.03 Billion	14.12%	0.70x	$135.81 Million
Mitake Information (8284)	$578.55 Million	12.13%	0.58x	$93.44 Million

About APEX International Financial Engineering Res & Tech Co Ltd

TWO:5210 Taiwan Software - Application

Market Cap

$58.90 Million

NT$1.87 Billion TWD

Market Cap Rank

#21263 Global

#1292 in Taiwan

Share Price

NT$22.75

Change (1 day)

-0.44%

52-Week Range

NT$20.80 - NT$30.90

All Time High

NT$71.50