Dimerco Data System
Dimerco Data System Corporation, together with its subsidiaries, engages in the design, development, and sale of various software products in Taiwan. It operates in three segments: Hardware Department, Software Department, and Other Department. The company is also involved in the sale of computer hardware equipment; and provision of computer data processing, information consulting, and leasing se… Read more
Dimerco Data System (5403) - Net Assets
Latest net assets as of June 2025: NT$2.44 Billion TWD
Based on the latest financial reports, Dimerco Data System (5403) has net assets worth NT$2.44 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.32 Billion) and total liabilities (NT$1.88 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.44 Billion |
| % of Total Assets | 56.51% |
| Annual Growth Rate | 10.76% |
| 5-Year Change | 52.69% |
| 10-Year Change | N/A |
| Growth Volatility | 9.31 |
Dimerco Data System - Net Assets Trend (2017–2024)
This chart illustrates how Dimerco Data System's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dimerco Data System (2017–2024)
The table below shows the annual net assets of Dimerco Data System from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.64 Billion | +8.43% |
| 2023-12-31 | NT$2.43 Billion | +2.96% |
| 2022-12-31 | NT$2.36 Billion | +14.20% |
| 2021-12-31 | NT$2.07 Billion | +19.76% |
| 2020-12-31 | NT$1.73 Billion | +27.58% |
| 2019-12-31 | NT$1.35 Billion | +6.37% |
| 2018-12-31 | NT$1.27 Billion | -1.33% |
| 2017-12-31 | NT$1.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dimerco Data System'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 grown by 122.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.02 Billion | 38.74% |
| Other Components | NT$1.61 Billion | 61.26% |
| Total Equity | NT$2.64 Billion | 100.00% |
Dimerco Data System Competitors by Market Cap
The table below lists competitors of Dimerco Data System ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metals X Limited
PINK:MLXEF
|
$213.21 Million |
|
Legato Merger Corp. III
NYSE:LEGT-UN
|
$213.21 Million |
|
First United Corporation
NASDAQ:FUNC
|
$213.23 Million |
|
One Stop Systems Inc
NASDAQ:OSS
|
$213.28 Million |
|
ESSO THAILAND NVDR (JAV2.SG)
STU:JAV2
|
$213.15 Million |
|
Xinjiang Winka Times Dept
SHG:603101
|
$213.13 Million |
|
INVESTAR HLDG CORP. DL 1
F:7ZH
|
$212.94 Million |
|
Guangxi Fenglin Wood Industry Group Co Ltd
SHG:601996
|
$212.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dimerco Data System's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,431,048,000 to 2,636,066,000, a change of 205,018,000 (8.4%).
- Net income of 619,165,000 contributed positively to equity growth.
- Dividend payments of 457,713,000 reduced retained earnings.
- Other factors increased equity by 43,566,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$619.16 Million | +23.49% |
| Dividends Paid | NT$457.71 Million | -17.36% |
| Other Changes | NT$43.57 Million | +1.65% |
| Total Change | NT$- | 8.43% |
Book Value vs Market Value Analysis
This analysis compares Dimerco Data System'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: 3.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.97x to 3.21x 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$18.60 | NT$111.00 | x |
| 2018-12-31 | NT$18.38 | NT$111.00 | x |
| 2019-12-31 | NT$19.54 | NT$111.00 | x |
| 2020-12-31 | NT$20.93 | NT$111.00 | x |
| 2021-12-31 | NT$25.42 | NT$111.00 | x |
| 2022-12-31 | NT$27.91 | NT$111.00 | x |
| 2023-12-31 | NT$32.68 | NT$111.00 | x |
| 2024-12-31 | NT$34.57 | NT$111.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dimerco Data System 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): 23.49%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.62%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.79x
- Recent ROE (23.49%) is above the historical average (20.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 18.21% | 15.01% | 0.58x | 2.09x | NT$105.47 Million |
| 2018 | 15.22% | 12.02% | 0.55x | 2.32x | NT$66.24 Million |
| 2019 | 18.39% | 13.80% | 0.65x | 2.04x | NT$113.23 Million |
| 2020 | 21.28% | 13.93% | 0.46x | 3.30x | NT$172.75 Million |
| 2021 | 21.73% | 17.82% | 0.49x | 2.50x | NT$218.53 Million |
| 2022 | 24.09% | 20.02% | 0.47x | 2.54x | NT$290.75 Million |
| 2023 | 25.00% | 21.97% | 0.62x | 1.83x | NT$364.78 Million |
| 2024 | 23.49% | 19.62% | 0.67x | 1.79x | NT$355.56 Million |
Industry Comparison
This section compares Dimerco Data System's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,008,647,778
- Average return on equity (ROE) among peers: 8.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dimerco Data System (5403) | NT$2.44 Billion | 18.21% | 0.77x | $213.17 Million |
| Otsuka Information Technology Corp. (3570) | $661.44 Million | 21.64% | 0.39x | $38.41 Million |
| Papago Inc. (3632) | $174.05 Million | -16.61% | 1.43x | $10.17 Million |
| K Way Information (5201) | $346.45 Million | 1.83% | 0.24x | $27.73 Million |
| Cyberlink Co (5203) | $4.55 Billion | 12.23% | 0.34x | $100.03 Million |
| Taiwan Green Environment Technology Inc. (5205) | $72.57 Million | 13.76% | 0.38x | $2.82 Million |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $694.95 Million | -6.48% | 0.33x | $42.10 Million |
| Penpower Technology Ltd (5211) | $525.85 Million | 3.44% | 0.15x | $13.54 Million |
| Insyde Software (6231) | $1.17 Billion | 26.06% | 0.43x | $247.42 Million |
| Interactive Digital Technologies (6486) | $885.53 Million | 22.88% | 1.05x | $75.76 Million |