All Ring Tech Co Ltd (6187) - Net Assets
Based on the latest financial reports, All Ring Tech Co Ltd (6187) has net assets worth NT$7.49 Billion TWD (≈ $235.92 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$9.61 Billion ≈ $302.75 Million USD) and total liabilities (NT$2.12 Billion ≈ $66.83 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 6187 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$7.49 Billion |
| % of Total Assets | 77.93% |
| Annual Growth Rate | 19.0% |
| 5-Year Change | 225.25% |
| 10-Year Change | N/A |
| Growth Volatility | 52.34 |
All Ring Tech Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how All Ring Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. See All Ring Tech Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for All Ring Tech Co Ltd (2017–2025)
The table below shows the annual net assets of All Ring Tech Co Ltd from 2017 to 2025. For live valuation and market cap data, see 6187 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$7.49 Billion ≈ $235.92 Million |
+14.90% |
| 2024-12-31 | NT$6.52 Billion ≈ $205.32 Million |
+162.64% |
| 2023-12-31 | NT$2.48 Billion ≈ $78.18 Million |
+2.03% |
| 2022-12-31 | NT$2.43 Billion ≈ $76.62 Million |
+5.63% |
| 2021-12-31 | NT$2.30 Billion ≈ $72.54 Million |
+20.94% |
| 2020-12-31 | NT$1.90 Billion ≈ $59.98 Million |
+12.75% |
| 2019-12-31 | NT$1.69 Billion ≈ $53.20 Million |
-9.67% |
| 2018-12-31 | NT$1.87 Billion ≈ $58.89 Million |
+0.39% |
| 2017-12-31 | NT$1.86 Billion ≈ $58.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to All Ring Tech 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 grown by 261.1% 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 | 32.55% |
| Other Components | NT$4.92 Billion | 67.45% |
| Total Equity | NT$7.30 Billion | 100.00% |
All Ring Tech Co Ltd Competitors by Market Cap
The table below lists competitors of All Ring Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Laboratorios Farmaceuticos ROVI
MC:ROVI
|
$3.52 Billion |
|
Shenzhen Hopewind Elec Co Ltd
SHG:603063
|
$3.52 Billion |
|
NCsoft Corp
KO:036570
|
$3.52 Billion |
|
Korn Ferry
NYSE:KFY
|
$3.52 Billion |
|
First Capital Real Estate Investment Trust
TO:FCR-UN
|
$3.51 Billion |
|
Airoha Technology Corp
TW:6526
|
$3.51 Billion |
|
Itron Inc
NASDAQ:ITRI
|
$3.51 Billion |
|
INDIVIOR PLC DL 050
F:2IVB
|
$3.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in All Ring Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,517,070,000 to 7,299,011,000, a change of 781,941,000 (12.0%).
- Net income of 1,485,175,000 contributed positively to equity growth.
- Dividend payments of 980,000,000 reduced retained earnings.
- Other factors increased equity by 276,766,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.49 Billion | +20.35% |
| Dividends Paid | NT$980.00 Million | -13.43% |
| Other Changes | NT$276.77 Million | +3.79% |
| Total Change | NT$- | 12.00% |
Book Value vs Market Value Analysis
This analysis compares All Ring Tech 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: 15.24x
- 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 52.26x to 15.24x 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$22.10 | NT$1155.00 | x |
| 2018-12-31 | NT$22.43 | NT$1155.00 | x |
| 2019-12-31 | NT$20.26 | NT$1155.00 | x |
| 2020-12-31 | NT$23.16 | NT$1155.00 | x |
| 2021-12-31 | NT$28.12 | NT$1155.00 | x |
| 2022-12-31 | NT$28.11 | NT$1155.00 | x |
| 2023-12-31 | NT$28.04 | NT$1155.00 | x |
| 2024-12-31 | NT$67.99 | NT$1155.00 | x |
| 2025-12-31 | NT$75.77 | NT$1155.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently All Ring Tech 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): 20.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.68%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.32x
- Recent ROE (20.35%) is above the historical average (15.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 16.28% | 16.24% | 0.74x | 1.36x | NT$117.01 Million |
| 2018 | 16.82% | 16.33% | 0.76x | 1.35x | NT$127.50 Million |
| 2019 | 4.94% | 8.08% | 0.48x | 1.28x | NT$-85.41 Million |
| 2020 | 12.97% | 16.39% | 0.56x | 1.41x | NT$56.47 Million |
| 2021 | 23.51% | 20.78% | 0.73x | 1.55x | NT$310.99 Million |
| 2022 | 20.52% | 22.19% | 0.54x | 1.71x | NT$255.85 Million |
| 2023 | 5.57% | 11.46% | 0.27x | 1.81x | NT$-109.96 Million |
| 2024 | 20.11% | 23.68% | 0.63x | 1.35x | NT$658.80 Million |
| 2025 | 20.35% | 27.68% | 0.56x | 1.32x | NT$755.27 Million |
Industry Comparison
This section compares All Ring Tech Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $8,475,870,800
- Average return on equity (ROE) among peers: 8.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| All Ring Tech Co Ltd (6187) | NT$7.49 Billion | 16.28% | 0.28x | $3.52 Billion |
| TECO Electric & Machinery Co Ltd (1504) | $38.74 Billion | 7.18% | 0.82x | $5.07 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $13.37 Billion | 18.21% | 2.12x | $2.68 Billion |
| Anderson Industrial Corp (1528) | $1.60 Billion | 1.06% | 1.03x | $152.81 Million |
| Awea Mechantronic Co Ltd (1530) | $3.13 Billion | 10.64% | 1.48x | $91.05 Million |
| Kaulin Mfg (1531) | $3.64 Billion | 0.82% | 0.20x | $74.30 Million |
| Chiu Ting Machinery Co Ltd (1539) | $793.16 Million | 0.00% | 1.10x | $32.44 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.29 Billion | -0.28% | 0.18x | $59.38 Million |
| Sinmag Equipment (1580) | $3.37 Billion | 18.47% | 0.35x | $192.75 Million |
| Goodway Machine Corp (1583) | $8.41 Billion | 14.92% | 0.77x | $174.40 Million |
| Airtac International Group (1590) | $10.41 Billion | 13.14% | 1.06x | $8.32 Billion |
About All Ring Tech Co Ltd
All Ring Tech Co., Ltd. engages in the design, manufacture, and assembly of automation machines in Taiwan and China. The company offers semiconductor dispensing equipment series, including wafer level underfill dispensing machine, underfill dispensing machine, and dispensing machine; bonding series comprising FPC, PSA, optical, and ACF mounter; AOI machines for microchip insertion, solder balling… Read more