Speed Tech (5457) - Net Assets
Based on the latest financial reports, Speed Tech (5457) has net assets worth NT$11.25 Billion TWD (≈ $354.32 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$31.57 Billion ≈ $994.72 Million USD) and total liabilities (NT$20.33 Billion ≈ $640.40 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 Speed Tech's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$11.25 Billion |
| % of Total Assets | 35.62% |
| Annual Growth Rate | 12.75% |
| 5-Year Change | 39.13% |
| 10-Year Change | 416.09% |
| Growth Volatility | 19.86 |
Speed Tech - Net Assets Trend (2009–2025)
This chart illustrates how Speed Tech's net assets have evolved over time, based on quarterly financial data. See Speed Tech (5457) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Speed Tech (2009–2025)
The table below shows the annual net assets of Speed Tech from 2009 to 2025. For live valuation and market cap data, see Speed Tech (5457) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$11.25 Billion ≈ $354.32 Million |
-2.16% |
| 2024-12-31 | NT$11.50 Billion ≈ $362.16 Million |
+18.41% |
| 2023-12-31 | NT$9.71 Billion ≈ $305.85 Million |
+2.54% |
| 2022-12-31 | NT$9.47 Billion ≈ $298.26 Million |
+17.11% |
| 2021-12-31 | NT$8.08 Billion ≈ $254.68 Million |
+53.49% |
| 2020-12-31 | NT$5.27 Billion ≈ $165.93 Million |
+42.60% |
| 2019-12-31 | NT$3.69 Billion ≈ $116.36 Million |
+33.61% |
| 2018-12-31 | NT$2.76 Billion ≈ $87.09 Million |
+22.00% |
| 2017-12-31 | NT$2.27 Billion ≈ $71.39 Million |
+3.98% |
| 2016-12-31 | NT$2.18 Billion ≈ $68.65 Million |
+13.41% |
| 2015-12-31 | NT$1.92 Billion ≈ $60.54 Million |
+11.85% |
| 2014-12-31 | NT$1.72 Billion ≈ $54.12 Million |
+22.98% |
| 2013-12-31 | NT$1.40 Billion ≈ $44.01 Million |
+33.13% |
| 2012-12-31 | NT$1.05 Billion ≈ $33.06 Million |
-26.45% |
| 2011-12-31 | NT$1.43 Billion ≈ $44.95 Million |
-6.42% |
| 2010-12-31 | NT$1.52 Billion ≈ $48.03 Million |
-7.49% |
| 2009-12-31 | NT$1.65 Billion ≈ $51.92 Million |
-- |
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 308576800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.31 Billion | 45.15% |
| Other Components | NT$2.81 Billion | 54.85% |
| Total Equity | NT$5.12 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 |
|---|---|
|
Holiday Entertainment Co Ltd
TW:9943
|
$227.55 Million |
|
FB Bancorp, Inc. Common Stock
NASDAQ:FBLA
|
$227.55 Million |
|
CHTC Helon Co Ltd
SHE:000677
|
$227.57 Million |
|
Flexsteel Industries Inc
NASDAQ:FLXS
|
$227.58 Million |
|
Solara Active Pharma Sciences Limited
NSE:SOLARA
|
$227.45 Million |
|
Arqit Quantum Inc.
NASDAQ:ARQQ
|
$227.45 Million |
|
Sern Kou Resources Bhd
KLSE:7180
|
$227.37 Million |
|
RF Capital Group Inc
TO:RCG
|
$227.36 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 2024 to 2025, total equity changed from 4,846,587,000 to 5,116,827,000, a change of 270,240,000 (5.6%).
- Net income of 479,796,000 contributed positively to equity growth.
- Dividend payments of 227,287,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$479.80 Million | +9.38% |
| Dividends Paid | NT$227.29 Million | -4.44% |
| Other Changes | NT$17.73 Million | +0.35% |
| Total Change | NT$- | 5.58% |
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: 1.27x
- 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 2.79x to 1.27x 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$36.75 | x |
| 2010-12-31 | NT$11.07 | NT$36.75 | x |
| 2011-12-31 | NT$6.11 | NT$36.75 | x |
| 2012-12-31 | NT$7.67 | NT$36.75 | x |
| 2013-12-31 | NT$8.62 | NT$36.75 | x |
| 2014-12-31 | NT$10.24 | NT$36.75 | x |
| 2015-12-31 | NT$11.44 | NT$36.75 | x |
| 2016-12-31 | NT$10.59 | NT$36.75 | x |
| 2017-12-31 | NT$11.02 | NT$36.75 | x |
| 2018-12-31 | NT$11.81 | NT$36.75 | x |
| 2019-12-31 | NT$13.90 | NT$36.75 | x |
| 2020-12-31 | NT$18.13 | NT$36.75 | x |
| 2021-12-31 | NT$20.55 | NT$36.75 | x |
| 2022-12-31 | NT$23.16 | NT$36.75 | x |
| 2023-12-31 | NT$22.55 | NT$36.75 | x |
| 2024-12-31 | NT$27.27 | NT$36.75 | x |
| 2025-12-31 | NT$28.85 | NT$36.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Speed Tech utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.97%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 6.17x
- Recent ROE (9.38%) is above the historical average (8.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -31.02% | -23.37% | 0.62x | 2.13x | NT$-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$-87.58 Million |
| 2025 | 9.38% | 1.97% | 0.77x | 6.17x | NT$-31.89 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: $159,345,053,500
- Average return on equity (ROE) among peers: 6.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Speed Tech (5457) | NT$11.25 Billion | -31.02% | 1.81x | $227.46 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $415.89 Million |
| Fulltech Fiber Glass (1815) | $6.62 Billion | -7.24% | 1.18x | $1.56 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $176.36 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.58 Billion | 6.24% | 1.23x | $9.91 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $1.07 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $119.65 Billion |
| Yageo Corp (2327) | $31.33 Billion | 21.85% | 1.22x | $64.25 Billion |
| Pan-International Industrial Corp (2328) | $11.32 Billion | 2.51% | 0.66x | $859.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.89 Billion | 10.93% | 0.75x | $726.35 Million |
| Solomon Technology Corp (2359) | $3.80 Billion | 0.00% | 1.33x | $712.68 Million |
About 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