Penpower Technology Ltd (5211) - Net Assets
Based on the latest financial reports, Penpower Technology Ltd (5211) has net assets worth NT$355.03 Million TWD (≈ $11.19 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$396.86 Million ≈ $12.50 Million USD) and total liabilities (NT$41.83 Million ≈ $1.32 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 how tangible is Penpower Technology Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$355.03 Million |
| % of Total Assets | 89.46% |
| Annual Growth Rate | -4.69% |
| 5-Year Change | -37.75% |
| 10-Year Change | N/A |
| Growth Volatility | 11.4 |
Penpower Technology Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Penpower Technology Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Penpower Technology Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Penpower Technology Ltd (2017–2025)
The table below shows the annual net assets of Penpower Technology Ltd from 2017 to 2025. For live valuation and market cap data, see Penpower Technology Ltd (5211) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$355.03 Million ≈ $11.19 Million |
-6.36% |
| 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 227.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$476.49 Million | 137.52% |
| Total Equity | NT$346.47 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 |
|---|---|
|
Gensight Biologics SA
PA:SIGHT
|
$19.18 Million |
|
Novatech Industries SA
PA:MLNOV
|
$19.20 Million |
|
Emmbi Industries Limited
NSE:EMMBI
|
$19.20 Million |
|
WiMi Hologram Cloud Inc
NASDAQ:WIMI
|
$19.20 Million |
|
Thermal Energy International Inc.
V:TMG
|
$19.17 Million |
|
Mahalaxmi Rubtech Limited
NSE:MHLXMIRU
|
$19.17 Million |
|
Bergen Carbon Solutions A/S
OL:BCS
|
$19.17 Million |
|
Mongolia Growth Group Ltd.
V:YAK
|
$19.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Penpower Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 373,498,000 to 346,474,000, a change of -27,024,000 (-7.2%).
- Net loss of 24,805,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-24.80 Million | -7.16% |
| Other Changes | NT$-2.22 Million | -0.64% |
| Total Change | NT$- | -7.24% |
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: 1.76x
- 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 1.17x to 1.76x 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$19.00 | x |
| 2018-12-31 | NT$15.99 | NT$19.00 | x |
| 2019-12-31 | NT$16.42 | NT$19.00 | x |
| 2020-12-31 | NT$15.70 | NT$19.00 | x |
| 2021-12-31 | NT$17.39 | NT$19.00 | x |
| 2022-12-31 | NT$17.96 | NT$19.00 | x |
| 2023-12-31 | NT$12.62 | NT$19.00 | x |
| 2024-12-31 | NT$11.66 | NT$19.00 | x |
| 2025-12-31 | NT$10.82 | NT$19.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Penpower Technology Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.34%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.15x
- Recent ROE (-7.16%) is below the historical average (-3.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 3.22% | 6.57% | 0.43x | 1.14x | NT$-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$-74.76 Million |
| 2025 | -7.16% | -11.34% | 0.55x | 1.15x | NT$-59.45 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: $1,389,674,571
- Average return on equity (ROE) among peers: 10.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Penpower Technology Ltd (5211) | NT$355.03 Million | 3.22% | 0.12x | $19.17 Million |
| K Way Information (5201) | $690.32 Million | -0.28% | 0.38x | $33.81 Million |
| Cyberlink Co (5203) | $4.77 Billion | 23.07% | 0.35x | $170.89 Million |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $544.73 Million | -14.55% | 0.23x | $76.77 Million |
| Dimerco Data System (5403) | $1.27 Billion | 15.18% | 1.31x | $233.74 Million |
| Insyde Software (6231) | $633.68 Million | 5.88% | 0.34x | $387.62 Million |
| Interactive Digital Technologies (6486) | $1.09 Billion | 22.09% | 1.48x | $131.80 Million |
| Mitake Information (8284) | $725.50 Million | 25.25% | 0.66x | $93.15 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