Cipherlab Co Ltd Net Assets
Cipherlab Co Ltd net assets. Based on the latest financial reports, Cipherlab Co Ltd (6160) has net assets worth NT$589.97 Million TWD (≈ $18.59 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.13 Billion ≈ $35.73 Million USD) and total liabilities (NT$543.98 Million ≈ $17.14 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. Also explore Cipherlab Co Ltd (6160) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$589.97 Million |
| % of Total Assets | 52.03% |
| Annual Growth Rate | -2.47% |
| 5-Year Change | -17.81% |
| 10-Year Change | -31.79% |
| Growth Volatility | 6.29 |
Net Assets of Cipherlab Co Ltd (2009–2025)
Net assets of Cipherlab Co Ltd from 2009 to 2025. This chart illustrates how Cipherlab Co Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is Cipherlab Co Ltd's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Cipherlab Co Ltd (2009–2025)
The table below shows the annual net assets of Cipherlab Co Ltd from 2009 to 2025. For live market cap and overall valuation, see how much is Cipherlab Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$645.85 Million ≈ $20.35 Million |
-11.18% |
| 2024-12-31 | NT$727.15 Million ≈ $22.91 Million |
-4.27% |
| 2023-12-31 | NT$759.59 Million ≈ $23.93 Million |
-5.68% |
| 2022-12-31 | NT$805.33 Million ≈ $25.37 Million |
+2.48% |
| 2021-12-31 | NT$785.82 Million ≈ $24.76 Million |
+4.60% |
| 2020-12-31 | NT$751.29 Million ≈ $23.67 Million |
-7.85% |
| 2019-12-31 | NT$815.31 Million ≈ $25.69 Million |
-7.09% |
| 2018-12-31 | NT$877.55 Million ≈ $27.65 Million |
+7.10% |
| 2017-12-31 | NT$819.40 Million ≈ $25.82 Million |
-13.46% |
| 2016-12-31 | NT$946.81 Million ≈ $29.83 Million |
+1.08% |
| 2015-12-31 | NT$936.72 Million ≈ $29.51 Million |
-2.90% |
| 2014-12-31 | NT$964.72 Million ≈ $30.39 Million |
-0.41% |
| 2013-12-31 | NT$968.69 Million ≈ $30.52 Million |
-1.88% |
| 2012-12-31 | NT$987.21 Million ≈ $31.10 Million |
-8.97% |
| 2011-12-31 | NT$1.08 Billion ≈ $34.17 Million |
+4.83% |
| 2010-12-31 | NT$1.03 Billion ≈ $32.59 Million |
+7.29% |
| 2009-12-31 | NT$964.23 Million ≈ $30.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cipherlab 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 decreased by 168.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Cipherlab Co Ltd Net Assets Breakdown (December 2025)
Cipherlab Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$725.87 Million | 112.56% |
| Total Equity | NT$644.89 Million | 100.00% |
Cipherlab Co Ltd Competitors by Market Cap
The table below lists competitors of Cipherlab Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reading International Inc
NASDAQ:RDI
|
$34.57 Million |
|
RTG Mining Inc
TO:RTG
|
$34.57 Million |
|
Kunming Longjin Pharmaceutical Co Ltd
SHE:002750
|
$34.58 Million |
|
Kayee International Group Co Ltd
TW:2939
|
$34.58 Million |
|
Hudson Global Inc
NASDAQ:HSON
|
$34.56 Million |
|
SBH Marine Holdings Berhad
KLSE:0300
|
$34.56 Million |
|
Liberty Shoes Limited
NSE:LIBERTSHOE
|
$34.55 Million |
|
KL-Net Corp
KQ:039420
|
$34.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cipherlab Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 727,412,000 to 644,893,000, a change of -82,519,000 (-11.3%).
- Net loss of 81,673,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-81.67 Million | -12.66% |
| Other Changes | NT$-846.00K | -0.13% |
| Total Change | NT$- | -11.34% |
Book Value vs Market Value Analysis
This analysis compares Cipherlab 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: 1.47x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.99x to 1.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$13.93 | NT$13.80 | x |
| 2010-12-31 | NT$14.87 | NT$13.80 | x |
| 2011-12-31 | NT$15.75 | NT$13.80 | x |
| 2012-12-31 | NT$14.28 | NT$13.80 | x |
| 2013-12-31 | NT$14.02 | NT$13.80 | x |
| 2014-12-31 | NT$14.08 | NT$13.80 | x |
| 2015-12-31 | NT$13.64 | NT$13.80 | x |
| 2016-12-31 | NT$13.74 | NT$13.80 | x |
| 2017-12-31 | NT$11.95 | NT$13.80 | x |
| 2018-12-31 | NT$12.75 | NT$13.80 | x |
| 2019-12-31 | NT$11.90 | NT$13.80 | x |
| 2020-12-31 | NT$10.97 | NT$13.80 | x |
| 2021-12-31 | NT$11.42 | NT$13.80 | x |
| 2022-12-31 | NT$11.71 | NT$13.80 | x |
| 2023-12-31 | NT$11.10 | NT$13.80 | x |
| 2024-12-31 | NT$10.62 | NT$13.80 | x |
| 2025-12-31 | NT$9.42 | NT$13.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cipherlab 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): -12.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.85%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.66x
- Recent ROE (-12.66%) is below the historical average (3.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 12.29% | 9.99% | 0.95x | 1.30x | NT$22.04 Million |
| 2010 | 18.20% | 13.78% | 1.08x | 1.23x | NT$84.88 Million |
| 2011 | 17.24% | 12.00% | 1.05x | 1.37x | NT$78.53 Million |
| 2012 | 8.22% | 5.28% | 1.18x | 1.32x | NT$-17.57 Million |
| 2013 | 5.36% | 3.61% | 1.14x | 1.30x | NT$-44.70 Million |
| 2014 | 3.98% | 2.83% | 1.09x | 1.29x | NT$-58.04 Million |
| 2015 | 4.39% | 3.64% | 0.94x | 1.28x | NT$-52.55 Million |
| 2016 | 8.62% | 6.26% | 1.07x | 1.29x | NT$-13.03 Million |
| 2017 | -6.79% | -4.48% | 1.06x | 1.44x | NT$-137.49 Million |
| 2018 | 6.45% | 3.61% | 1.17x | 1.53x | NT$-31.18 Million |
| 2019 | -1.18% | -0.75% | 1.11x | 1.42x | NT$-91.08 Million |
| 2020 | -8.27% | -6.02% | 0.91x | 1.50x | NT$-137.21 Million |
| 2021 | 4.52% | 2.50% | 1.08x | 1.68x | NT$-43.02 Million |
| 2022 | 4.00% | 2.56% | 0.92x | 1.70x | NT$-48.31 Million |
| 2023 | -0.57% | -0.32% | 1.13x | 1.59x | NT$-80.36 Million |
| 2024 | -5.38% | -3.02% | 1.08x | 1.64x | NT$-111.84 Million |
| 2025 | -12.66% | -6.85% | 1.11x | 1.66x | NT$-146.16 Million |
Industry Comparison
This section compares Cipherlab Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $2,321,998,000
- Average return on equity (ROE) among peers: 7.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cipherlab Co Ltd (6160) | NT$589.97 Million | 12.29% | 0.92x | $34.56 Million |
| Globe Industries Corp (1324) | $949.04 Million | 0.07% | 0.31x | $23.00 Million |
| Mercuries Data Systems Ltd (2427) | $3.04 Billion | 2.84% | 0.79x | $136.93 Million |
| Huxen Corp (2433) | $4.48 Billion | 12.42% | 0.87x | $174.81 Million |
| Uniform Industrial Corp (2482) | $709.06 Million | 14.94% | 0.40x | $39.26 Million |
| Gold Rain Enterprises (4503) | $1.51 Billion | -5.21% | 0.13x | $56.62 Million |
| Castles Technology Co Ltd (5258) | $1.01 Billion | 9.55% | 1.14x | $146.55 Million |
| TECO Image Systems Co Ltd (5438) | $3.21 Billion | 2.71% | 0.19x | $57.61 Million |
| XAC Automation (5490) | $1.62 Billion | 21.43% | 0.27x | $70.44 Million |
| General Plastic Industrial Co Ltd (6128) | $4.37 Billion | 8.40% | 0.98x | $75.77 Million |
About Cipherlab Co Ltd
Cipherlab Co.,Ltd. designs, manufactures, markets, and sells automatic identification and data capture products under the CipherLab brand name. The company offers mobile computers that include android, proprietary, and discontinued mobile computers; barcode scanners, including general purpose, business durable, wearables, and pocket sized barcode scanners; HF and UHF radio frequency identificatio… Read more