Acter Co Ltd
Acter Group Corporation Limited provides engineering services in Taiwan, Mainland China, and other Asian countries. The company offers clean room engineering services for controlling dust particles in the air and controls temperature, humidity, airflow mode, vibration, noise and other environmental factors; MEP/ HVAC services for signal transmission and feedback control methods; turnkey project s… Read more
Acter Co Ltd (5536) - Net Assets
Latest net assets as of September 2025: NT$18.33 Billion TWD
Based on the latest financial reports, Acter Co Ltd (5536) has net assets worth NT$18.33 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$38.67 Billion) and total liabilities (NT$20.34 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$18.33 Billion |
| % of Total Assets | 47.4% |
| Annual Growth Rate | 20.01% |
| 5-Year Change | 165.56% |
| 10-Year Change | N/A |
| Growth Volatility | 13.15 |
Acter Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Acter Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Acter Co Ltd (2017–2024)
The table below shows the annual net assets of Acter Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$16.73 Billion | +27.83% |
| 2023-12-31 | NT$13.08 Billion | +21.17% |
| 2022-12-31 | NT$10.80 Billion | +48.01% |
| 2021-12-31 | NT$7.30 Billion | +15.84% |
| 2020-12-31 | NT$6.30 Billion | +13.51% |
| 2019-12-31 | NT$5.55 Billion | +3.11% |
| 2018-12-31 | NT$5.38 Billion | +15.37% |
| 2017-12-31 | NT$4.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Acter Co 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 grown by 170.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.57 Billion | 50.73% |
| Other Components | NT$5.41 Billion | 49.27% |
| Total Equity | NT$10.97 Billion | 100.00% |
Acter Co Ltd Competitors by Market Cap
The table below lists competitors of Acter Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adata Technology Co Ltd
TWO:3260
|
$2.11 Billion |
|
Hoshine Silicon Ind Co Ltd
SHG:603260
|
$2.11 Billion |
|
Andon Health Co Ltd
SHE:002432
|
$2.12 Billion |
|
Warby Parker Inc
NYSE:WRBY
|
$2.12 Billion |
|
Keda Clean Energy Co Ltd
SHG:600499
|
$2.11 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
$2.11 Billion |
|
Hui Lyu Ecological Technology Groups Co Ltd
SHE:001267
|
$2.11 Billion |
|
MORGAN SINDALL GRP LS-05
F:0KN
|
$2.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Acter Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,811,847,000 to 10,970,120,000, a change of 2,158,273,000 (24.5%).
- Net income of 2,617,188,000 contributed positively to equity growth.
- Dividend payments of 1,302,849,000 reduced retained earnings.
- Other factors increased equity by 843,934,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.62 Billion | +23.86% |
| Dividends Paid | NT$1.30 Billion | -11.88% |
| Other Changes | NT$843.93 Million | +7.69% |
| Total Change | NT$- | 24.49% |
Book Value vs Market Value Analysis
This analysis compares Acter Co 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: 7.62x
- 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 9.56x to 7.62x 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$71.04 | NT$679.00 | x |
| 2018-12-31 | NT$79.78 | NT$679.00 | x |
| 2019-12-31 | NT$82.64 | NT$679.00 | x |
| 2020-12-31 | NT$94.97 | NT$679.00 | x |
| 2021-12-31 | NT$98.53 | NT$679.00 | x |
| 2022-12-31 | NT$65.99 | NT$679.00 | x |
| 2023-12-31 | NT$71.54 | NT$679.00 | x |
| 2024-12-31 | NT$89.06 | NT$679.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Acter Co 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): 23.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.65%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 3.11x
- Recent ROE (23.86%) is above the historical average (22.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 21.74% | 7.36% | 0.99x | 2.98x | NT$454.72 Million |
| 2018 | 24.12% | 7.38% | 1.21x | 2.71x | NT$614.11 Million |
| 2019 | 23.01% | 8.17% | 1.06x | 2.66x | NT$585.74 Million |
| 2020 | 18.85% | 6.94% | 0.92x | 2.94x | NT$455.47 Million |
| 2021 | 21.38% | 5.96% | 1.08x | 3.32x | NT$640.96 Million |
| 2022 | 25.49% | 6.84% | 1.04x | 3.58x | NT$1.17 Billion |
| 2023 | 20.86% | 7.33% | 0.91x | 3.13x | NT$956.92 Million |
| 2024 | 23.86% | 8.65% | 0.89x | 3.11x | NT$1.52 Billion |
Industry Comparison
This section compares Acter Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,170,391,600
- Average return on equity (ROE) among peers: 6.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Acter Co Ltd (5536) | NT$18.33 Billion | 21.74% | 1.11x | $2.11 Billion |
| Tri Ocean Textile Co Ltd (1472) | $333.36 Million | -10.62% | 2.04x | $47.78 Million |
| Ju-Kao Engineering Co., Ltd. (1594) | $297.75 Million | -0.44% | 0.99x | $1.54 Million |
| United Integrated Services Co Ltd (2404) | $6.61 Billion | 18.38% | 1.52x | $4.54 Billion |
| Long Bon International Co Ltd (2514) | $8.15 Billion | 2.95% | 0.61x | $63.02 Million |
| BES Engineering Co (2515) | $19.46 Billion | 1.31% | 1.00x | $632.27 Million |
| New Asia Construction & Development Corp (2516) | $2.41 Billion | 2.77% | 2.80x | $83.75 Million |
| Delpha Construction Co Ltd (2530) | $3.35 Billion | 17.30% | 0.87x | $263.82 Million |
| Da-Cin Construction Co Ltd (2535) | $7.35 Billion | 8.58% | 1.32x | $428.26 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.87 Billion | 14.12% | 1.47x | $514.98 Million |
| Kedge Construction Co Ltd (2546) | $1.88 Billion | 6.30% | 1.33x | $163.03 Million |