Penpower Technology Ltd (5211) - Net Assets
Based on the latest financial reports, Penpower Technology Ltd (5211) has net assets worth NT$352.86 Million TWD (≈ $11.12 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$398.40 Million ≈ $12.55 Million USD) and total liabilities (NT$45.54 Million ≈ $1.43 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 asset resilience ratio of Penpower Technology Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$352.86 Million |
| % of Total Assets | 88.57% |
| Annual Growth Rate | -4.45% |
| 5-Year Change | -25.3% |
| 10-Year Change | N/A |
| Growth Volatility | 12.15 |
Penpower Technology Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Penpower Technology Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Penpower Technology Ltd for the complete picture of this company's asset base.
Annual Net Assets for Penpower Technology Ltd (2017–2024)
The table below shows the annual net assets of Penpower Technology Ltd from 2017 to 2024. For live valuation and market cap data, see Penpower Technology Ltd (5211) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$379.16 Million ≈ $11.95 Million |
-7.93% |
| 2023-12-31 | NT$411.83 Million ≈ $12.97 Million |
-29.64% |
| 2022-12-31 | NT$585.32 Million ≈ $18.44 Million |
+2.63% |
| 2021-12-31 | NT$570.32 Million ≈ $17.97 Million |
+12.36% |
| 2020-12-31 | NT$507.60 Million ≈ $15.99 Million |
-3.47% |
| 2019-12-31 | NT$525.85 Million ≈ $16.57 Million |
+2.67% |
| 2018-12-31 | NT$512.19 Million ≈ $16.14 Million |
-1.75% |
| 2017-12-31 | NT$521.29 Million ≈ $16.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Penpower Technology 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 204.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$479.76 Million | 128.45% |
| Total Equity | NT$373.50 Million | 100.00% |
Penpower Technology Ltd Competitors by Market Cap
The table below lists competitors of Penpower Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Resverlogix Corp.
TO:RVX
|
$20.79 Million |
|
Rubicon Water Ltd
AU:RWL
|
$20.79 Million |
|
DUG Foodtech AB (publ)
ST:VUXEN
|
$20.79 Million |
|
Vaswani Industries Limited
NSE:VASWANI
|
$20.79 Million |
|
SAGTEC GLOBAL LIMITED Ordinary shares
NASDAQ:SAGT
|
$20.78 Million |
|
Puncak Niaga Holdings Bhd
KLSE:6807
|
$20.77 Million |
|
Premier Foods PLC
LSE:PFD
|
$20.77 Million |
|
Rohas Tecnic Bhd
KLSE:9741
|
$20.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Penpower Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 404,235,000 to 373,498,000, a change of -30,737,000 (-7.6%).
- Net loss of 37,407,000 reduced equity.
- Other factors increased equity by 6,670,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-37.41 Million | -10.02% |
| Other Changes | NT$6.67 Million | +1.79% |
| Total Change | NT$- | -7.60% |
Book Value vs Market Value Analysis
This analysis compares Penpower Technology 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: 1.77x
- 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 1.27x to 1.77x 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$16.28 | NT$20.60 | x |
| 2018-12-31 | NT$15.99 | NT$20.60 | x |
| 2019-12-31 | NT$16.42 | NT$20.60 | x |
| 2020-12-31 | NT$15.70 | NT$20.60 | x |
| 2021-12-31 | NT$17.39 | NT$20.60 | x |
| 2022-12-31 | NT$17.96 | NT$20.60 | x |
| 2023-12-31 | NT$12.62 | NT$20.60 | x |
| 2024-12-31 | NT$11.66 | NT$20.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Penpower Technology Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.95%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.13x
- Recent ROE (-10.02%) is below the historical average (-3.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 3.22% | 6.57% | 0.43x | 1.14x | NT$-35.32 Million |
| 2018 | 0.19% | 0.47% | 0.35x | 1.13x | NT$-50.25 Million |
| 2019 | 3.44% | 9.99% | 0.30x | 1.15x | NT$-34.50 Million |
| 2020 | -1.97% | -6.36% | 0.28x | 1.12x | NT$-60.20 Million |
| 2021 | 8.48% | 36.97% | 0.20x | 1.16x | NT$-8.44 Million |
| 2022 | 5.21% | 20.31% | 0.22x | 1.16x | NT$-27.55 Million |
| 2023 | -36.13% | -88.42% | 0.35x | 1.17x | NT$-186.49 Million |
| 2024 | -10.02% | -22.95% | 0.39x | 1.13x | NT$-74.76 Million |
Industry Comparison
This section compares Penpower Technology Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,548,790,857
- Average return on equity (ROE) among peers: 11.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Penpower Technology Ltd (5211) | NT$352.86 Million | 3.22% | 0.13x | $20.78 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 |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $654.48 Million | -3.52% | 0.23x | $58.90 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 Penpower Technology Ltd
Penpower Technology LTD. engages in the research and development, design, maintenance, marketing, and sale of computer peripheral equipment in Taiwan and internationally. It offers RemoteGo/WorldPenScan Go, which are cloud-based e-learning solutions; BreezySign, an e-signature and agreement cloud; WorldCard Cloud, an e-contacts saving and management cloud; Asteroom 360 virtual tour kit, a 3D virt… Read more