Atech OEM
Atech OEM Inc. designs, develops, manufactures, and sells magnetic components, power supply solutions, and wireless devices in Taiwan. It offers magnetic components, such as signal and communication transformers, power transformers, and EMC components; power supply solutions, such as power supply units (PSUs) comprising wall-mounts, desktops, interchangeable AC pins, car chargers, PSR, high surge… Read more
Atech OEM (6109) - Net Assets
Latest net assets as of June 2025: NT$554.90 Million TWD
Based on the latest financial reports, Atech OEM (6109) has net assets worth NT$554.90 Million 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$977.58 Million) and total liabilities (NT$422.67 Million). 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$554.90 Million |
| % of Total Assets | 56.76% |
| Annual Growth Rate | -3.04% |
| 5-Year Change | 2.23% |
| 10-Year Change | N/A |
| Growth Volatility | 19.54 |
Atech OEM - Net Assets Trend (2017–2024)
This chart illustrates how Atech OEM's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Atech OEM (2017–2024)
The table below shows the annual net assets of Atech OEM from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$642.83 Million | -15.09% |
| 2023-12-31 | NT$757.03 Million | -1.73% |
| 2022-12-31 | NT$770.38 Million | +41.52% |
| 2021-12-31 | NT$544.38 Million | -13.43% |
| 2020-12-31 | NT$628.82 Million | +3.66% |
| 2019-12-31 | NT$606.61 Million | -1.09% |
| 2018-12-31 | NT$613.30 Million | -23.13% |
| 2017-12-31 | NT$797.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atech OEM'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 191.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$741.89 Million | 115.30% |
| Total Equity | NT$643.45 Million | 100.00% |
Atech OEM Competitors by Market Cap
The table below lists competitors of Atech OEM ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iron Bear Resources Ltd
AU:IBR
|
$20.24 Million |
|
Singtex Industrial Co Ltd
TWO:4433
|
$20.24 Million |
|
Lumens Co. Ltd
KQ:038060
|
$20.25 Million |
|
Tienlen Steel Corp JSC
VN:TLH
|
$20.25 Million |
|
1CM Inc
OTCQB:MILFF
|
$20.23 Million |
|
White Gold Corp
OTCQX:WHGOF
|
$20.21 Million |
|
Koleksiyon Mobilya Sanayi AS
IS:KLSYN
|
$20.21 Million |
|
Asset Five Group PCL
BK:A5
|
$20.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atech OEM's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 757,942,000 to 643,446,000, a change of -114,496,000 (-15.1%).
- Net loss of 111,726,000 reduced equity.
- Dividend payments of 20,273,000 reduced retained earnings.
- New share issuances of 2,959,000 increased equity.
- Other factors increased equity by 14,544,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-111.73 Million | -17.36% |
| Dividends Paid | NT$20.27 Million | -3.15% |
| Share Issuances | NT$2.96 Million | +0.46% |
| Other Changes | NT$14.54 Million | +2.26% |
| Total Change | NT$- | -15.11% |
Book Value vs Market Value Analysis
This analysis compares Atech OEM'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: 1.29x
- 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 0.88x to 1.29x 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$13.93 | NT$12.25 | x |
| 2018-12-31 | NT$10.71 | NT$12.25 | x |
| 2019-12-31 | NT$10.59 | NT$12.25 | x |
| 2020-12-31 | NT$11.42 | NT$12.25 | x |
| 2021-12-31 | NT$9.71 | NT$12.25 | x |
| 2022-12-31 | NT$11.33 | NT$12.25 | x |
| 2023-12-31 | NT$13.23 | NT$12.25 | x |
| 2024-12-31 | NT$9.49 | NT$12.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atech OEM utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.57%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.46x
- Recent ROE (-17.36%) is below the historical average (-1.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.30% | 4.07% | 1.03x | 1.50x | NT$-29.61 Million |
| 2018 | 0.25% | 0.15% | 1.07x | 1.56x | NT$-59.95 Million |
| 2019 | 2.35% | 1.44% | 1.05x | 1.56x | NT$-46.53 Million |
| 2020 | -1.43% | -0.93% | 0.76x | 2.01x | NT$-71.99 Million |
| 2021 | -15.09% | -6.74% | 1.03x | 2.18x | NT$-136.94 Million |
| 2022 | 8.64% | 5.03% | 1.00x | 1.72x | NT$-10.53 Million |
| 2023 | 2.46% | 1.84% | 0.91x | 1.46x | NT$-57.18 Million |
| 2024 | -17.36% | -15.57% | 0.77x | 1.46x | NT$-176.07 Million |
Industry Comparison
This section compares Atech OEM's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atech OEM (6109) | NT$554.90 Million | 6.30% | 0.76x | $20.23 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |