Sporton International (6146) - Net Assets
Based on the latest financial reports, Sporton International (6146) has net assets worth NT$6.26 Billion TWD (≈ $197.24 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$8.02 Billion ≈ $252.58 Million USD) and total liabilities (NT$1.76 Billion ≈ $55.35 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 Sporton International liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Sporton International's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Sporton International (2006–2025)
The table below shows the annual net assets of Sporton International from 2006 to 2025. For live valuation and market cap data, see Sporton International market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$6.26 Billion ≈ $197.24 Million |
+2.41% |
| 2024-12-31 | NT$6.11 Billion ≈ $192.59 Million |
+6.67% |
| 2023-12-31 | NT$5.73 Billion ≈ $180.54 Million |
+7.56% |
| 2022-12-31 | NT$5.33 Billion ≈ $167.86 Million |
+15.41% |
| 2021-12-31 | NT$4.62 Billion ≈ $145.45 Million |
+13.39% |
| 2020-12-31 | NT$4.07 Billion ≈ $128.27 Million |
+7.40% |
| 2019-12-31 | NT$3.79 Billion ≈ $119.44 Million |
+1.63% |
| 2018-12-31 | NT$3.73 Billion ≈ $117.52 Million |
+4.05% |
| 2017-12-31 | NT$3.58 Billion ≈ $112.95 Million |
+6.60% |
| 2016-12-31 | NT$3.36 Billion ≈ $105.96 Million |
+4.38% |
| 2015-12-31 | NT$3.22 Billion ≈ $101.51 Million |
+32.78% |
| 2014-12-31 | NT$2.43 Billion ≈ $76.45 Million |
+18.13% |
| 2013-12-31 | NT$2.05 Billion ≈ $64.71 Million |
+6.12% |
| 2012-12-31 | NT$1.94 Billion ≈ $60.98 Million |
+0.82% |
| 2011-12-31 | NT$1.92 Billion ≈ $60.49 Million |
+5.09% |
| 2010-12-31 | NT$1.83 Billion ≈ $57.56 Million |
+9.96% |
| 2009-12-31 | NT$1.66 Billion ≈ $52.34 Million |
+10.67% |
| 2008-12-31 | NT$1.50 Billion ≈ $47.29 Million |
+3.18% |
| 2007-12-31 | NT$1.45 Billion ≈ $45.84 Million |
+10.79% |
| 2006-12-31 | NT$1.31 Billion ≈ $41.37 Million |
-- |
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 |
|---|---|
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
$709.37 Million |
|
NICE Information Service Co. Ltd
KQ:030190
|
$709.61 Million |
|
Jiangsu United Water Technology Co. Ltd. Cl A
SHG:603291
|
$709.72 Million |
|
Zhejiang Hengwei Battery Co. Ltd.
SHE:301222
|
$709.81 Million |
|
Volati AB
ST:VOLO
|
$709.27 Million |
|
New Found Gold Corp
V:NFG
|
$709.21 Million |
|
Suzhou Medsys Tech Co Ltd
SHG:603990
|
$709.03 Million |
|
Pentamaster Corporation Bhd
KLSE:7160
|
$709.00 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: 3.91x
- 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 6.26x to 3.91x 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$221.00 | x |
| 2018-12-31 | NT$36.65 | NT$221.00 | x |
| 2019-12-31 | NT$37.23 | NT$221.00 | x |
| 2020-12-31 | NT$39.65 | NT$221.00 | x |
| 2021-12-31 | NT$44.81 | NT$221.00 | x |
| 2022-12-31 | NT$51.53 | NT$221.00 | x |
| 2023-12-31 | NT$52.58 | NT$221.00 | x |
| 2024-12-31 | NT$55.66 | NT$221.00 | x |
| 2025-12-31 | NT$56.59 | NT$221.00 | 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: $1,726,803,333
- Average return on equity (ROE) among peers: 7.20%
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 | $709.27 Million |
| Farglory FTZ Investment Holding Co Ltd (5607) | $4.38 Billion | 6.14% | 0.58x | $542.86 Million |
| Trade-Van Information Services Co (6183) | $2.22 Billion | 5.11% | 0.12x | $435.72 Million |
| Bai Sha Technology Co Ltd (8401) | $1.00 Billion | 10.87% | 0.39x | $54.44 Million |
| Transart Graphics Co Ltd (8481) | $1.08 Billion | 23.05% | 0.26x | $85.82 Million |
| Forward Graphic Enterprise Co Ltd (8906) | $470.77 Million | -1.98% | 3.46x | $31.88 Million |
| Choice Development Inc (9929) | $1.20 Billion | 0.00% | 2.93x | $35.74 Million |
About 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