Netronix (6143) - Net Assets
Based on the latest financial reports, Netronix (6143) has net assets worth NT$4.97 Billion TWD (≈ $156.53 Million 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$7.86 Billion ≈ $247.75 Million USD) and total liabilities (NT$2.90 Billion ≈ $91.22 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 6143 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.97 Billion |
| % of Total Assets | 63.18% |
| Annual Growth Rate | 10.82% |
| 5-Year Change | 108.88% |
| 10-Year Change | N/A |
| Growth Volatility | 17.83 |
Netronix - Net Assets Trend (2017–2025)
This chart illustrates how Netronix's net assets have evolved over time, based on quarterly financial data. Also explore how large is Netronix's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Netronix (2017–2025)
The table below shows the annual net assets of Netronix from 2017 to 2025. For live valuation and market cap data, see market value of Netronix.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.97 Billion ≈ $156.53 Million |
+0.24% |
| 2024-12-31 | NT$4.96 Billion ≈ $156.15 Million |
+25.07% |
| 2023-12-31 | NT$3.96 Billion ≈ $124.85 Million |
+8.66% |
| 2022-12-31 | NT$3.65 Billion ≈ $114.90 Million |
+53.32% |
| 2021-12-31 | NT$2.38 Billion ≈ $74.94 Million |
+4.27% |
| 2020-12-31 | NT$2.28 Billion ≈ $71.87 Million |
-1.81% |
| 2019-12-31 | NT$2.32 Billion ≈ $73.20 Million |
-4.26% |
| 2018-12-31 | NT$2.43 Billion ≈ $76.46 Million |
+11.08% |
| 2017-12-31 | NT$2.18 Billion ≈ $68.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Netronix'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 36.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.17 Billion | 37.93% |
| Other Components | NT$1.91 Billion | 62.07% |
| Total Equity | NT$3.08 Billion | 100.00% |
Netronix Competitors by Market Cap
The table below lists competitors of Netronix ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Izmir Demir Celik Sanayi AS
IS:IZMDC
|
$236.18 Million |
|
Praemium Ltd
AU:PPS
|
$236.27 Million |
|
ABEONA THERAPEUT. DL-01
F:PCJ
|
$236.27 Million |
|
AGORA INC. SP.ADS/4 CL.A
F:9AG1
|
$236.29 Million |
|
Eurobio Scientific SA
PA:ALERS
|
$236.10 Million |
|
Wireless Power Amplifier Module Inc
KQ:332570
|
$235.96 Million |
|
First National Corp
NASDAQ:FXNC
|
$235.92 Million |
|
Hyundai Cement
KO:006390
|
$235.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netronix's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,141,360,000 to 3,076,607,000, a change of -64,753,000 (-2.1%).
- Net income of 555,943,000 contributed positively to equity growth.
- Dividend payments of 746,773,000 reduced retained earnings.
- Other factors increased equity by 126,077,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$555.94 Million | +18.07% |
| Dividends Paid | NT$746.77 Million | -24.27% |
| Other Changes | NT$126.08 Million | +4.1% |
| Total Change | NT$- | -2.06% |
Book Value vs Market Value Analysis
This analysis compares Netronix'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: 2.44x
- 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 3.67x to 2.44x 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$23.75 | NT$87.10 | x |
| 2018-12-31 | NT$26.78 | NT$87.10 | x |
| 2019-12-31 | NT$25.08 | NT$87.10 | x |
| 2020-12-31 | NT$24.42 | NT$87.10 | x |
| 2021-12-31 | NT$25.72 | NT$87.10 | x |
| 2022-12-31 | NT$33.39 | NT$87.10 | x |
| 2023-12-31 | NT$32.82 | NT$87.10 | x |
| 2024-12-31 | NT$36.50 | NT$87.10 | x |
| 2025-12-31 | NT$35.75 | NT$87.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netronix utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.52%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 2.56x
- Recent ROE (18.07%) is above the historical average (12.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -4.72% | -1.32% | 0.64x | 5.58x | NT$-291.14 Million |
| 2018 | 16.89% | 6.00% | 0.77x | 3.64x | NT$153.08 Million |
| 2019 | 12.08% | 4.47% | 1.04x | 2.60x | NT$43.33 Million |
| 2020 | 12.03% | 4.55% | 1.03x | 2.57x | NT$41.15 Million |
| 2021 | 12.84% | 4.89% | 1.04x | 2.52x | NT$60.07 Million |
| 2022 | 12.47% | 5.47% | 0.81x | 2.83x | NT$67.80 Million |
| 2023 | 13.07% | 5.58% | 1.01x | 2.31x | NT$87.20 Million |
| 2024 | 20.07% | 8.51% | 0.95x | 2.49x | NT$316.33 Million |
| 2025 | 18.07% | 6.52% | 1.08x | 2.56x | NT$248.28 Million |
Industry Comparison
This section compares Netronix's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,352,778,700
- Average return on equity (ROE) among peers: 4.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netronix (6143) | NT$4.97 Billion | -4.72% | 0.58x | $236.16 Million |
| Microelectronics Technology Inc (2314) | $4.24 Billion | 20.07% | 0.89x | $47.14 Million |
| Tecom Co Ltd (2321) | $549.96 Million | -11.14% | 3.07x | $12.46 Million |
| D-Link Corp (2332) | $13.20 Billion | 0.47% | 0.93x | $260.42 Million |
| Accton Technology Corp (2345) | $7.56 Billion | 8.51% | 0.87x | $40.15 Billion |
| Hitron Technologies Inc (2419) | $1.79 Billion | 3.83% | 1.28x | $306.23 Million |
| Abocom Systems Inc (2444) | $980.48 Million | -1.62% | 1.10x | $42.72 Million |
| Zinwell Corporation (2485) | $7.48 Billion | 11.28% | 0.37x | $587.53 Million |
| Loop Telecommunication International Inc (3025) | $788.88 Million | 1.56% | 0.29x | $107.43 Million |
| Edimax Technology Co Ltd (3047) | $2.36 Billion | 8.03% | 0.91x | $102.61 Million |
| CyberTAN Technology Inc (3062) | $4.58 Billion | 8.00% | 0.51x | $257.39 Million |
About Netronix
Netronix, Inc. designs, manufactures, and sells network and e-reader products in Taiwan, Canada, Germany, China, the United States, and internationally. It offers digital and grip signage; e-badge; e-reader; electronic baggage tag; and electronic shelf label. The company also engages in design, manufacturing, and processing of e-paper advertising billboards, e-book readers, electronic shelf label… Read more