Atech OEM (6109) - Net Assets
Based on the latest financial reports, Atech OEM (6109) has net assets worth NT$554.90 Million TWD (≈ $17.48 Million USD) 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 ≈ $30.80 Million USD) and total liabilities (NT$422.67 Million ≈ $13.32 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 resilient are Atech OEM's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Atech OEM for the complete picture of this company's asset base.
Annual Net Assets for Atech OEM (2017–2024)
The table below shows the annual net assets of Atech OEM from 2017 to 2024. For live valuation and market cap data, see Atech OEM (6109) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$642.83 Million ≈ $20.25 Million |
-15.09% |
| 2023-12-31 | NT$757.03 Million ≈ $23.85 Million |
-1.73% |
| 2022-12-31 | NT$770.38 Million ≈ $24.27 Million |
+41.52% |
| 2021-12-31 | NT$544.38 Million ≈ $17.15 Million |
-13.43% |
| 2020-12-31 | NT$628.82 Million ≈ $19.81 Million |
+3.66% |
| 2019-12-31 | NT$606.61 Million ≈ $19.11 Million |
-1.09% |
| 2018-12-31 | NT$613.30 Million ≈ $19.32 Million |
-23.13% |
| 2017-12-31 | NT$797.87 Million ≈ $25.14 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 |
|---|---|
|
KR Motors Co. Ltd.
KO:000040
|
$25.23 Million |
|
Generic Engineering Construction and Projects Limited
NSE:GENCON
|
$25.24 Million |
|
Advanced Connection Technology
TWO:3492
|
$25.24 Million |
|
Australian Rare EARTHS Ltd
AU:AR3
|
$25.24 Million |
|
M2N Co.Ltd
KQ:033310
|
$25.21 Million |
|
Delignit AG
XETRA:DLX
|
$25.20 Million |
|
Nova EYE Medical Ltd
AU:EYE
|
$25.19 Million |
|
Sakthi Sugars Limited
NSE:SAKHTISUG
|
$25.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atech OEM's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 757,942,000 to 643,446,000, a change of -114,496,000 (-15.1%).
- Net loss of 111,726,000 reduced equity.
- Dividend payments of 20,273,000 reduced retained earnings.
- New share issuances of 2,959,000 increased equity.
- Other factors increased equity by 14,544,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 1.24x
- 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 0.85x to 1.24x 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$11.80 | x |
| 2018-12-31 | NT$10.71 | NT$11.80 | x |
| 2019-12-31 | NT$10.59 | NT$11.80 | x |
| 2020-12-31 | NT$11.42 | NT$11.80 | x |
| 2021-12-31 | NT$9.71 | NT$11.80 | x |
| 2022-12-31 | NT$11.33 | NT$11.80 | x |
| 2023-12-31 | NT$13.23 | NT$11.80 | x |
| 2024-12-31 | NT$9.49 | NT$11.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atech OEM utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.57%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.46x
- Recent ROE (-17.36%) is below the historical average (-1.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.30% | 4.07% | 1.03x | 1.50x | NT$-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: $6,044,751,000
- Average return on equity (ROE) among peers: 5.57%
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 | $25.21 Million |
| Shihlin Electric & Engineering Corp (1503) | $27.04 Billion | 6.68% | 0.67x | $3.11 Billion |
| Allis Electric Co Ltd (1514) | $3.10 Billion | 9.53% | 0.87x | $920.17 Million |
| Fortune Electric Co Ltd (1519) | $2.22 Billion | 3.49% | 0.85x | $8.84 Billion |
| Klingon Aerospace Inc (1529) | $1.72 Billion | 2.62% | 0.74x | $106.03 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $2.16 Billion | 14.61% | 0.45x | $318.00 Million |
| Chieftek Precision Co Ltd (1597) | $1.33 Billion | 5.33% | 1.05x | $394.51 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $8.36 Billion | 5.26% | 0.53x | $437.03 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $8.10 Billion | 5.82% | 1.52x | $794.28 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.96 Billion | 1.46% | 0.15x | $355.01 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.46 Billion | 0.92% | 0.49x | $283.16 Million |
About 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