ASEC International Corporation
ASEC International Corporation engages in the distribution of semiconductor components in Taiwan, Hong Kong, China, Asia, and internationally. The company distributes its products under the BOSCH, CORTINA, FIBOCOM, RAMXEED, Infinity, ISSI, MEDIATEK, METANOIA, MICROCHIP, MORSE MICRO, PDI DIGITAL, REALTEK, and ANJET brand names. Its products are used in PC, internet, telecommunication, MCU, electro… Read more
ASEC International Corporation (6113) - Net Assets
Latest net assets as of September 2025: NT$533.12 Million TWD
Based on the latest financial reports, ASEC International Corporation (6113) has net assets worth NT$533.12 Million 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$750.39 Million) and total liabilities (NT$217.28 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$533.12 Million |
| % of Total Assets | 71.05% |
| Annual Growth Rate | 3.73% |
| 5-Year Change | 29.38% |
| 10-Year Change | N/A |
| Growth Volatility | 8.68 |
ASEC International Corporation - Net Assets Trend (2019–2024)
This chart illustrates how ASEC International Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ASEC International Corporation (2019–2024)
The table below shows the annual net assets of ASEC International Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$580.00 Million | -3.48% |
| 2023-12-31 | NT$600.92 Million | +3.72% |
| 2022-12-31 | NT$579.35 Million | +15.67% |
| 2021-12-31 | NT$500.88 Million | +11.73% |
| 2020-12-31 | NT$448.29 Million | -7.17% |
| 2019-12-31 | NT$482.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASEC International Corporation'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 14907300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$588.28 Million | 101.43% |
| Total Equity | NT$580.00 Million | 100.00% |
ASEC International Corporation Competitors by Market Cap
The table below lists competitors of ASEC International Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telkom
JSE:TKG
|
$15.88 Million |
|
Elevation Oncology Inc
NASDAQ:ELEV
|
$15.88 Million |
|
Trinity Biotech plc
NASDAQ:TRIB
|
$15.89 Million |
|
BATT.OIL COR. B DL-0001
F:RAQB
|
$15.89 Million |
|
Nirvana Daii Public Company Limited
BK:NVD
|
$15.88 Million |
|
Lithium Universe Limited
PINK:LUVSF
|
$15.88 Million |
|
Libero Copper & Gold Corporation
OTCQB:LBCMF
|
$15.86 Million |
|
KRY
F:KRY
|
$15.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASEC International Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 600,919,000 to 579,995,000, a change of -20,924,000 (-3.5%).
- Net loss of 6,968,000 reduced equity.
- Dividend payments of 25,023,000 reduced retained earnings.
- Other factors increased equity by 11,067,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-6.97 Million | -1.2% |
| Dividends Paid | NT$25.02 Million | -4.31% |
| Other Changes | NT$11.07 Million | +1.91% |
| Total Change | NT$- | -3.48% |
Book Value vs Market Value Analysis
This analysis compares ASEC International Corporation'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: 1.95x
- 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 2.23x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$9.65 | NT$21.55 | x |
| 2020-12-31 | NT$8.96 | NT$21.55 | x |
| 2021-12-31 | NT$10.01 | NT$21.55 | x |
| 2022-12-31 | NT$11.58 | NT$21.55 | x |
| 2023-12-31 | NT$12.01 | NT$21.55 | x |
| 2024-12-31 | NT$11.04 | NT$21.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASEC International Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.98%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.87x
- Recent ROE (-1.20%) is below the historical average (2.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -7.15% | -2.54% | 1.57x | 1.79x | NT$-82.83 Million |
| 2020 | -3.02% | -0.90% | 1.63x | 2.05x | NT$-58.36 Million |
| 2021 | 8.45% | 1.90% | 1.76x | 2.54x | NT$-7.78 Million |
| 2022 | 13.20% | 3.44% | 2.02x | 1.89x | NT$18.55 Million |
| 2023 | 2.02% | 0.96% | 1.03x | 2.04x | NT$-47.98 Million |
| 2024 | -1.20% | -0.98% | 0.66x | 1.87x | NT$-64.97 Million |
Industry Comparison
This section compares ASEC International Corporation's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASEC International Corporation (6113) | NT$533.12 Million | -7.15% | 0.41x | $15.88 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |