Speed Tech
Speed Tech Corp. designs, research and develops, manufactures, and sells connectors for use in communication, computers, automotive, and consumer industries in Taiwan and internationally. The company offers RF, TYPE C, RJ45, and board to board connectors; and HDD connectors, mini SAS HD, slim SAS, OCulink, and other low profile connectors. It also offers antenna module, electrically power assiste… Read more
Speed Tech (5457) - Net Assets
Latest net assets as of September 2025: NT$10.95 Billion TWD
Based on the latest financial reports, Speed Tech (5457) has net assets worth NT$10.95 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$30.39 Billion) and total liabilities (NT$19.44 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$10.95 Billion |
| % of Total Assets | 36.04% |
| Annual Growth Rate | 13.82% |
| 5-Year Change | 118.26% |
| 10-Year Change | 498.25% |
| Growth Volatility | 20.02 |
Speed Tech - Net Assets Trend (2009–2024)
This chart illustrates how Speed Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Speed Tech (2009–2024)
The table below shows the annual net assets of Speed Tech from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$11.50 Billion | +18.41% |
| 2023-12-31 | NT$9.71 Billion | +2.54% |
| 2022-12-31 | NT$9.47 Billion | +17.11% |
| 2021-12-31 | NT$8.08 Billion | +53.49% |
| 2020-12-31 | NT$5.27 Billion | +42.60% |
| 2019-12-31 | NT$3.69 Billion | +33.61% |
| 2018-12-31 | NT$2.76 Billion | +22.00% |
| 2017-12-31 | NT$2.27 Billion | +3.98% |
| 2016-12-31 | NT$2.18 Billion | +13.41% |
| 2015-12-31 | NT$1.92 Billion | +11.85% |
| 2014-12-31 | NT$1.72 Billion | +22.98% |
| 2013-12-31 | NT$1.40 Billion | +33.13% |
| 2012-12-31 | NT$1.05 Billion | -26.45% |
| 2011-12-31 | NT$1.43 Billion | -6.42% |
| 2010-12-31 | NT$1.52 Billion | -7.49% |
| 2009-12-31 | NT$1.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Speed Tech'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 275710200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.98 Billion | 40.89% |
| Other Components | NT$2.87 Billion | 59.11% |
| Total Equity | NT$4.85 Billion | 100.00% |
Speed Tech Competitors by Market Cap
The table below lists competitors of Speed Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NH SPAC 2
KQ:206640
|
$110.88 Million |
|
National Aerospace Fasteners Corp
TW:3004
|
$110.90 Million |
|
KB Components AB (publ)
ST:KBC
|
$110.94 Million |
|
ARC Document Solutions Inc
NYSE:ARC
|
$110.98 Million |
|
OLYFF
PINK:OLYFF
|
$110.79 Million |
|
Clinica Baviera
MC:CBAV
|
$110.76 Million |
|
Seoyon E Hwa Co Ltd
KO:200880
|
$110.76 Million |
|
Webzen Inc
KQ:069080
|
$110.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Speed Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,091,396,000 to 4,846,587,000, a change of 755,191,000 (18.5%).
- Net income of 397,077,000 contributed positively to equity growth.
- Dividend payments of 55,137,000 reduced retained earnings.
- New share issuances of 31,651,000 increased equity.
- Other comprehensive income decreased equity by 493,880,000.
- Other factors increased equity by 875,480,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$397.08 Million | +8.19% |
| Dividends Paid | NT$55.14 Million | -1.14% |
| Share Issuances | NT$31.65 Million | +0.65% |
| Other Comprehensive Income | NT$-493.88 Million | -10.19% |
| Other Changes | NT$875.48 Million | +18.06% |
| Total Change | NT$- | 18.46% |
Book Value vs Market Value Analysis
This analysis compares Speed Tech'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: 1.22x
- 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 2.52x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$13.17 | NT$33.15 | x |
| 2010-12-31 | NT$11.07 | NT$33.15 | x |
| 2011-12-31 | NT$6.11 | NT$33.15 | x |
| 2012-12-31 | NT$7.67 | NT$33.15 | x |
| 2013-12-31 | NT$8.62 | NT$33.15 | x |
| 2014-12-31 | NT$10.24 | NT$33.15 | x |
| 2015-12-31 | NT$11.44 | NT$33.15 | x |
| 2016-12-31 | NT$10.59 | NT$33.15 | x |
| 2017-12-31 | NT$11.02 | NT$33.15 | x |
| 2018-12-31 | NT$11.81 | NT$33.15 | x |
| 2019-12-31 | NT$13.90 | NT$33.15 | x |
| 2020-12-31 | NT$18.13 | NT$33.15 | x |
| 2021-12-31 | NT$20.55 | NT$33.15 | x |
| 2022-12-31 | NT$23.16 | NT$33.15 | x |
| 2023-12-31 | NT$22.55 | NT$33.15 | x |
| 2024-12-31 | NT$27.27 | NT$33.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Speed Tech utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.19%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.75%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 5.91x
- Recent ROE (8.19%) is above the historical average (7.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -31.02% | -23.37% | 0.62x | 2.13x | NT$-671.00 Million |
| 2010 | -5.88% | -3.52% | 0.78x | 2.14x | NT$-240.40 Million |
| 2011 | -6.56% | -4.57% | 0.69x | 2.09x | NT$-236.27 Million |
| 2012 | -34.16% | -22.53% | 0.63x | 2.42x | NT$-463.34 Million |
| 2013 | 1.01% | 0.95% | 0.52x | 2.05x | NT$-125.64 Million |
| 2014 | 18.34% | 15.23% | 0.63x | 1.92x | NT$143.21 Million |
| 2015 | 11.52% | 9.55% | 0.62x | 1.96x | NT$29.27 Million |
| 2016 | -2.52% | -1.58% | 0.60x | 2.65x | NT$-222.51 Million |
| 2017 | 3.06% | 1.87% | 0.64x | 2.55x | NT$-128.26 Million |
| 2018 | 8.44% | 3.28% | 0.84x | 3.05x | NT$-31.07 Million |
| 2019 | 27.16% | 5.80% | 1.11x | 4.21x | NT$412.56 Million |
| 2020 | 45.04% | 9.47% | 1.02x | 4.67x | NT$1.09 Billion |
| 2021 | 43.71% | 8.77% | 0.97x | 5.16x | NT$1.26 Billion |
| 2022 | 37.24% | 8.18% | 0.86x | 5.28x | NT$1.15 Billion |
| 2023 | 4.33% | 1.06% | 0.70x | 5.88x | NT$-231.95 Million |
| 2024 | 8.19% | 1.75% | 0.79x | 5.91x | NT$-87.58 Million |
Industry Comparison
This section compares Speed Tech's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Speed Tech (5457) | NT$10.95 Billion | -31.02% | 1.77x | $110.79 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |