Ate Energy International Co Ltd
ATE Energy International Co., Ltd. provides engineering, construction, and equipment maintenance services. It operates through the Construction, Electricity, and Others segments. The company offers marine engineering services, comprising seawater cooling systems, deep seawater engineering, ocean thermal energy conversion, desalination systems, offshore wind power cabling engineering, and maintena… Read more
Ate Energy International Co Ltd (6179) - Net Assets
Latest net assets as of September 2025: NT$2.64 Billion TWD
Based on the latest financial reports, Ate Energy International Co Ltd (6179) has net assets worth NT$2.64 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$8.90 Billion) and total liabilities (NT$6.25 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$2.64 Billion |
| % of Total Assets | 29.7% |
| Annual Growth Rate | 9.12% |
| 5-Year Change | 88.69% |
| 10-Year Change | N/A |
| Growth Volatility | 18.97 |
Ate Energy International Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Ate Energy International Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ate Energy International Co Ltd (2017–2024)
The table below shows the annual net assets of Ate Energy International Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.62 Billion | +20.38% |
| 2023-12-31 | NT$2.18 Billion | +40.94% |
| 2022-12-31 | NT$1.54 Billion | -15.19% |
| 2021-12-31 | NT$1.82 Billion | +31.13% |
| 2020-12-31 | NT$1.39 Billion | +2.97% |
| 2019-12-31 | NT$1.35 Billion | -0.65% |
| 2018-12-31 | NT$1.36 Billion | -4.59% |
| 2017-12-31 | NT$1.42 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ate Energy International 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 49.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$81.25 Million | 3.45% |
| Other Components | NT$2.27 Billion | 96.55% |
| Total Equity | NT$2.35 Billion | 100.00% |
Ate Energy International Co Ltd Competitors by Market Cap
The table below lists competitors of Ate Energy International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lyko Group A
ST:LYKO-A
|
$88.98 Million |
|
402490
KQ:402490
|
$88.98 Million |
|
Cubic Digital Technology Co Ltd
SHE:300344
|
$88.99 Million |
|
Tainergy Tech Co Ltd
TW:4934
|
$89.09 Million |
|
Firan Technology Group Corporation
OTCQX:FTGFF
|
$88.91 Million |
|
Pro-Hawk
TWO:8083
|
$88.81 Million |
|
Oroco Resource Corp
OTCQB:ORRCF
|
$88.78 Million |
|
Montana Technologies Corporation
NASDAQ:AIRJ
|
$88.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ate Energy International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,169,831,000 to 2,352,486,000, a change of 182,655,000 (8.4%).
- Net income of 5,232,000 contributed positively to equity growth.
- Dividend payments of 32,339,000 reduced retained earnings.
- Other factors increased equity by 209,762,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.23 Million | +0.22% |
| Dividends Paid | NT$32.34 Million | -1.37% |
| Other Changes | NT$209.76 Million | +8.92% |
| Total Change | NT$- | 8.42% |
Book Value vs Market Value Analysis
This analysis compares Ate Energy International 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: 1.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$18.98 | NT$28.80 | x |
| 2018-12-31 | NT$18.11 | NT$28.80 | x |
| 2019-12-31 | NT$17.57 | NT$28.80 | x |
| 2020-12-31 | NT$16.85 | NT$28.80 | x |
| 2021-12-31 | NT$19.58 | NT$28.80 | x |
| 2022-12-31 | NT$17.46 | NT$28.80 | x |
| 2023-12-31 | NT$19.69 | NT$28.80 | x |
| 2024-12-31 | NT$19.76 | NT$28.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ate Energy International Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.13%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.62x
- Recent ROE (0.22%) is below the historical average (4.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 9.01% | 5.71% | 1.00x | 1.58x | NT$-14.10 Million |
| 2018 | 6.12% | 4.23% | 0.72x | 2.00x | NT$-52.54 Million |
| 2019 | 5.71% | 3.73% | 0.61x | 2.49x | NT$-56.24 Million |
| 2020 | 12.82% | 5.32% | 0.83x | 2.92x | NT$38.49 Million |
| 2021 | 8.13% | 4.70% | 0.75x | 2.31x | NT$-33.10 Million |
| 2022 | -5.16% | -2.97% | 0.55x | 3.15x | NT$-229.98 Million |
| 2023 | 2.10% | 1.37% | 0.62x | 2.47x | NT$-171.32 Million |
| 2024 | 0.22% | 0.13% | 0.49x | 3.62x | NT$-230.02 Million |
Industry Comparison
This section compares Ate Energy International Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,870,247,600
- Average return on equity (ROE) among peers: 5.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ate Energy International Co Ltd (6179) | NT$2.64 Billion | 9.01% | 2.37x | $88.96 Million |
| Tri Ocean Textile Co Ltd (1472) | $1.42 Billion | 9.97% | 0.87x | $50.18 Million |
| Ju-Kao Engineering Co., Ltd. (1594) | $124.74 Million | 2.15% | 1.35x | $1.52 Million |
| United Integrated Services Co Ltd (2404) | $2.42 Billion | 0.00% | 0.58x | $4.54 Billion |
| Long Bon International Co Ltd (2514) | $7.14 Billion | 0.00% | 0.97x | $61.87 Million |
| BES Engineering Co (2515) | $23.30 Billion | 2.68% | 1.41x | $617.56 Million |
| New Asia Construction & Development Corp (2516) | $2.41 Billion | 2.77% | 2.80x | $81.96 Million |
| Delpha Construction Co Ltd (2530) | $10.52 Billion | 4.29% | 0.93x | $261.22 Million |
| Da-Cin Construction Co Ltd (2535) | $9.43 Billion | 12.60% | 1.41x | $427.09 Million |
| Hwang Chang General Contractor Co Ltd (2543) | $1.08 Billion | 8.97% | 2.20x | $501.31 Million |
| Kedge Construction Co Ltd (2546) | $850.58 Million | 9.16% | 1.28x | $163.62 Million |