Sporton International
Sporton International Inc. provides product testing and certification services in Taiwan and internationally. The company offers mobile device services, including design consultation, training, testing, and certification that allow its customers to acquire certificates and promote products. It also provides EMC compatibility, safety, radio device, cellphone handset, and NCC certification test ser… Read more
Sporton International (6146) - Net Assets
Latest net assets as of December 2025: NT$6.26 Billion TWD
Based on the latest financial reports, Sporton International (6146) has net assets worth NT$6.26 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$8.02 Billion) and total liabilities (NT$1.76 Billion). 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$6.26 Billion |
| % of Total Assets | 78.09% |
| Annual Growth Rate | 8.57% |
| 5-Year Change | 35.61% |
| 10-Year Change | 86.15% |
| Growth Volatility | 7.25 |
Sporton International - Net Assets Trend (2006–2025)
This chart illustrates how Sporton International's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sporton International (2006–2025)
The table below shows the annual net assets of Sporton International from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$6.26 Billion | +2.41% |
| 2024-12-31 | NT$6.11 Billion | +6.67% |
| 2023-12-31 | NT$5.73 Billion | +7.56% |
| 2022-12-31 | NT$5.33 Billion | +15.41% |
| 2021-12-31 | NT$4.62 Billion | +13.39% |
| 2020-12-31 | NT$4.07 Billion | +7.40% |
| 2019-12-31 | NT$3.79 Billion | +1.63% |
| 2018-12-31 | NT$3.73 Billion | +4.05% |
| 2017-12-31 | NT$3.58 Billion | +6.60% |
| 2016-12-31 | NT$3.36 Billion | +4.38% |
| 2015-12-31 | NT$3.22 Billion | +32.78% |
| 2014-12-31 | NT$2.43 Billion | +18.13% |
| 2013-12-31 | NT$2.05 Billion | +6.12% |
| 2012-12-31 | NT$1.94 Billion | +0.82% |
| 2011-12-31 | NT$1.92 Billion | +5.09% |
| 2010-12-31 | NT$1.83 Billion | +9.96% |
| 2009-12-31 | NT$1.66 Billion | +10.67% |
| 2008-12-31 | NT$1.50 Billion | +3.18% |
| 2007-12-31 | NT$1.45 Billion | +10.79% |
| 2006-12-31 | NT$1.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sporton International'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 551.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.38 Billion | 41.29% |
| Other Components | NT$3.38 Billion | 58.71% |
| Total Equity | NT$5.76 Billion | 100.00% |
Sporton International Competitors by Market Cap
The table below lists competitors of Sporton International ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fuchun Technology Co Ltd
SHE:300299
|
$421.56 Million |
|
Minto Apartment Real Estate Investment Trust
TO:MI-UN
|
$421.67 Million |
|
Intralot S.A. Integrated Lottery Systems and Services
PINK:IRLTF
|
$421.86 Million |
|
Performant Healthcare, Inc
NASDAQ:PHLT
|
$421.89 Million |
|
Annil Co Ltd
SHE:002875
|
$421.19 Million |
|
Fastned B.V.
AS:FAST
|
$421.09 Million |
|
Satrec Initiative Co. Ltd
KQ:099320
|
$421.09 Million |
|
MISSION PRODUCE DL-001
F:5YM
|
$421.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sporton International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,669,824,000 to 5,764,486,000, a change of 94,662,000 (1.7%).
- Net income of 1,096,676,000 contributed positively to equity growth.
- Dividend payments of 1,028,858,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.10 Billion | +19.02% |
| Dividends Paid | NT$1.03 Billion | -17.85% |
| Other Changes | NT$26.84 Million | +0.47% |
| Total Change | NT$- | 1.67% |
Book Value vs Market Value Analysis
This analysis compares Sporton International'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: 3.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.70x to 3.55x 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$35.28 | NT$201.00 | x |
| 2018-12-31 | NT$36.65 | NT$201.00 | x |
| 2019-12-31 | NT$37.23 | NT$201.00 | x |
| 2020-12-31 | NT$39.65 | NT$201.00 | x |
| 2021-12-31 | NT$44.81 | NT$201.00 | x |
| 2022-12-31 | NT$51.53 | NT$201.00 | x |
| 2023-12-31 | NT$52.58 | NT$201.00 | x |
| 2024-12-31 | NT$55.66 | NT$201.00 | x |
| 2025-12-31 | NT$56.59 | NT$201.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sporton International 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): 19.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.40%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.39x
- Recent ROE (19.02%) is below the historical average (22.50%), 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 | 20.58% | 23.25% | 0.65x | 1.35x | NT$362.17 Million |
| 2018 | 19.69% | 23.37% | 0.63x | 1.34x | NT$344.66 Million |
| 2019 | 18.59% | 22.49% | 0.63x | 1.31x | NT$310.11 Million |
| 2020 | 19.29% | 21.11% | 0.66x | 1.38x | NT$357.21 Million |
| 2021 | 24.57% | 24.72% | 0.70x | 1.41x | NT$633.45 Million |
| 2022 | 30.75% | 30.66% | 0.70x | 1.43x | NT$1.04 Billion |
| 2023 | 27.23% | 30.18% | 0.64x | 1.41x | NT$922.82 Million |
| 2024 | 22.74% | 28.31% | 0.57x | 1.41x | NT$722.52 Million |
| 2025 | 19.02% | 24.40% | 0.56x | 1.39x | NT$520.23 Million |
Industry Comparison
This section compares Sporton International's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,776,336,625
- Average return on equity (ROE) among peers: 14.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sporton International (6146) | NT$6.26 Billion | 20.58% | 0.28x | $421.54 Million |
| Farglory FTZ Investment Holding Co Ltd (5607) | $3.06 Billion | 0.32% | 1.09x | $231.53 Million |
| Trade-Van Information Services Co (6183) | $1.87 Billion | 9.08% | 0.20x | $149.27 Million |
| ChainSea Information Integration Co.,Ltd. (6898) | $400.56 Million | 33.53% | 0.61x | $52.19 Million |
| Dong Fang Offshore Co., Ltd. (7786) | $5.17 Billion | 23.75% | 0.53x | $274.56 Million |
| Bai Sha Technology Co Ltd (8401) | $1.13 Billion | 15.15% | 0.37x | $36.67 Million |
| Transart Graphics Co Ltd (8481) | $1.00 Billion | 30.15% | 0.30x | $33.02 Million |
| Forward Graphic Enterprise Co Ltd (8906) | $363.96 Million | 0.68% | 1.98x | $25.75 Million |
| Choice Development Inc (9929) | $1.20 Billion | 0.00% | 2.93x | $10.77 Million |