Simplo Technology Co Ltd (6121) - Net Assets
Based on the latest financial reports, Simplo Technology Co Ltd (6121) has net assets worth NT$46.00 Billion TWD (≈ $1.45 Billion 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$83.50 Billion ≈ $2.63 Billion USD) and total liabilities (NT$37.50 Billion ≈ $1.18 Billion 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 Simplo Technology Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$46.00 Billion |
| % of Total Assets | 55.09% |
| Annual Growth Rate | 10.25% |
| 5-Year Change | 21.8% |
| 10-Year Change | N/A |
| Growth Volatility | 10.61 |
Simplo Technology Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Simplo Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Simplo Technology Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Simplo Technology Co Ltd (2017–2025)
The table below shows the annual net assets of Simplo Technology Co Ltd from 2017 to 2025. For live valuation and market cap data, see Simplo Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$46.00 Billion ≈ $1.45 Billion |
+5.91% |
| 2024-12-31 | NT$43.43 Billion ≈ $1.37 Billion |
+8.60% |
| 2023-12-31 | NT$39.99 Billion ≈ $1.26 Billion |
+2.72% |
| 2022-12-31 | NT$38.93 Billion ≈ $1.23 Billion |
+3.09% |
| 2021-12-31 | NT$37.77 Billion ≈ $1.19 Billion |
+37.10% |
| 2020-12-31 | NT$27.55 Billion ≈ $867.88 Million |
+15.16% |
| 2019-12-31 | NT$23.92 Billion ≈ $753.60 Million |
+6.24% |
| 2018-12-31 | NT$22.52 Billion ≈ $709.36 Million |
+6.82% |
| 2017-12-31 | NT$21.08 Billion ≈ $664.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Simplo Technology 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 47.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$23.66 Billion | 61.63% |
| Other Components | NT$14.73 Billion | 38.37% |
| Total Equity | NT$38.39 Billion | 100.00% |
Simplo Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Simplo Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Interparfums SA
PA:ITP
|
$2.09 Billion |
|
Societatea Energetica Electrica SA
RO:EL
|
$2.09 Billion |
|
The Navigator Company SA
LS:NVG
|
$2.09 Billion |
|
Israel Canada
TA:ISCN
|
$2.09 Billion |
|
Grifols S.A
F:G0FB
|
$2.08 Billion |
|
Anhui Jiangnan Chemical Industry Co Ltd
SHE:002226
|
$2.08 Billion |
|
First National Financial Corp
TO:FN
|
$2.08 Billion |
|
Zhuzhou Huarui Precision Cutting Tools Co Ltd
SHG:688059
|
$2.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Simplo Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,763,372,000 to 38,388,897,000, a change of 1,625,525,000 (4.4%).
- Net income of 5,661,668,000 contributed positively to equity growth.
- Dividend payments of 3,791,896,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.66 Billion | +14.75% |
| Dividends Paid | NT$3.79 Billion | -9.88% |
| Other Changes | NT$-244.25 Million | -0.64% |
| Total Change | NT$- | 4.42% |
Book Value vs Market Value Analysis
This analysis compares Simplo Technology 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: 1.72x
- 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 3.18x to 1.72x 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$112.41 | NT$357.50 | x |
| 2018-12-31 | NT$119.12 | NT$357.50 | x |
| 2019-12-31 | NT$126.73 | NT$357.50 | x |
| 2020-12-31 | NT$143.67 | NT$357.50 | x |
| 2021-12-31 | NT$178.87 | NT$357.50 | x |
| 2022-12-31 | NT$179.35 | NT$357.50 | x |
| 2023-12-31 | NT$184.54 | NT$357.50 | x |
| 2024-12-31 | NT$198.75 | NT$357.50 | x |
| 2025-12-31 | NT$207.54 | NT$357.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Simplo Technology 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): 14.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.89%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 2.18x
- Recent ROE (14.75%) is below the historical average (16.61%), 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 | 12.60% | 4.49% | 1.28x | 2.18x | NT$540.17 Million |
| 2018 | 14.56% | 4.98% | 1.33x | 2.20x | NT$1.01 Billion |
| 2019 | 16.32% | 5.19% | 1.47x | 2.14x | NT$1.48 Billion |
| 2020 | 19.00% | 5.91% | 1.32x | 2.44x | NT$2.39 Billion |
| 2021 | 19.29% | 6.68% | 1.28x | 2.26x | NT$3.07 Billion |
| 2022 | 21.82% | 7.57% | 1.28x | 2.26x | NT$3.92 Billion |
| 2023 | 16.62% | 6.69% | 1.11x | 2.24x | NT$2.26 Billion |
| 2024 | 14.53% | 6.67% | 1.02x | 2.13x | NT$1.67 Billion |
| 2025 | 14.75% | 6.89% | 0.98x | 2.18x | NT$1.82 Billion |
Industry Comparison
This section compares Simplo Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,429,990,700
- Average return on equity (ROE) among peers: 7.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Simplo Technology Co Ltd (6121) | NT$46.00 Billion | 12.60% | 0.82x | $2.08 Billion |
| Shihlin Electric & Engineering Corp (1503) | $19.41 Billion | 5.67% | 0.54x | $3.31 Billion |
| Allis Electric Co Ltd (1514) | $2.55 Billion | 2.25% | 0.80x | $1.01 Billion |
| Fortune Electric Co Ltd (1519) | $2.22 Billion | 3.49% | 0.85x | $9.13 Billion |
| Klingon Aerospace Inc (1529) | $655.22 Million | 9.26% | 0.21x | $110.92 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.43 Billion | 22.44% | 0.35x | $315.42 Million |
| Chieftek Precision Co Ltd (1597) | $2.29 Billion | 13.51% | 0.66x | $433.00 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $10.16 Billion | 2.50% | 0.45x | $449.06 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $7.63 Billion | 0.00% | 1.06x | $818.95 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.48 Billion | 0.90% | 0.16x | $362.98 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.48 Billion | 12.47% | 0.44x | $282.85 Million |
About Simplo Technology Co Ltd
Simplo Technology Co., Ltd. produces and sells battery packs worldwide. Its products include LEV power tool battery, handheld tool battery, and electric vehicle battery modules; household energy storage systems; smartphone, tablet, and laptop battery modules; and power banks, BT speakers, cleaning robots, wearable devices, and vacuum cleaner Li-ion battery modules. The company also provides machi… Read more