Tera Autotech
Tera Autotech Corporation engages in the research and development, design, manufacture, sale, and import and export of industrial automation equipment in Taiwan and China. The company offers automatic storage and logistic equipment, including cleanroom, normal environment, semiconductor, and peripheral equipment; and whole plant automated logistic equipment for LCD, solar, 3C, and PCB drill indus… Read more
Tera Autotech (6234) - Net Assets
Latest net assets as of September 2025: NT$2.73 Billion TWD
Based on the latest financial reports, Tera Autotech (6234) has net assets worth NT$2.73 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$4.14 Billion) and total liabilities (NT$1.41 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$2.73 Billion |
| % of Total Assets | 65.89% |
| Annual Growth Rate | 3.38% |
| 5-Year Change | 12.69% |
| 10-Year Change | N/A |
| Growth Volatility | 21.94 |
Tera Autotech - Net Assets Trend (2017–2024)
This chart illustrates how Tera Autotech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tera Autotech (2017–2024)
The table below shows the annual net assets of Tera Autotech from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.83 Billion | +2.51% |
| 2023-12-31 | NT$2.76 Billion | +2.68% |
| 2022-12-31 | NT$2.69 Billion | +4.24% |
| 2021-12-31 | NT$2.58 Billion | +2.70% |
| 2020-12-31 | NT$2.51 Billion | -28.54% |
| 2019-12-31 | NT$3.52 Billion | +52.17% |
| 2018-12-31 | NT$2.31 Billion | +3.02% |
| 2017-12-31 | NT$2.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tera Autotech'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 343.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$781.99 Million | 27.62% |
| Other Components | NT$2.05 Billion | 72.38% |
| Total Equity | NT$2.83 Billion | 100.00% |
Tera Autotech Competitors by Market Cap
The table below lists competitors of Tera Autotech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cathedral Energy Services Ltd
PINK:CETEF
|
$68.91 Million |
|
Blink Charging Co
NASDAQ:BLNK
|
$68.92 Million |
|
Se Gyung Hi Tech Co.Ltd
KQ:148150
|
$68.93 Million |
|
Puradelta Lestari PT
JK:DMAS
|
$68.93 Million |
|
Betr Entertainment Ltd
AU:BBT
|
$68.81 Million |
|
Steel Pipe Industry Of Indonesia
JK:ISSP
|
$68.80 Million |
|
XSpray Pharma AB
ST:XSPRAY
|
$68.77 Million |
|
Sylogist Ltd
PINK:SYZLF
|
$68.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tera Autotech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,761,880,000 to 2,831,309,000, a change of 69,429,000 (2.5%).
- Net income of 105,460,000 contributed positively to equity growth.
- Dividend payments of 65,252,000 reduced retained earnings.
- Other factors increased equity by 29,221,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$105.46 Million | +3.72% |
| Dividends Paid | NT$65.25 Million | -2.3% |
| Other Changes | NT$29.22 Million | +1.03% |
| Total Change | NT$- | 2.51% |
Book Value vs Market Value Analysis
This analysis compares Tera Autotech'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: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.26x to 1.00x 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$22.34 | NT$28.10 | x |
| 2018-12-31 | NT$23.02 | NT$28.10 | x |
| 2019-12-31 | NT$24.40 | NT$28.10 | x |
| 2020-12-31 | NT$24.98 | NT$28.10 | x |
| 2021-12-31 | NT$25.63 | NT$28.10 | x |
| 2022-12-31 | NT$26.70 | NT$28.10 | x |
| 2023-12-31 | NT$27.46 | NT$28.10 | x |
| 2024-12-31 | NT$28.20 | NT$28.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tera Autotech utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.23%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.50x
- Recent ROE (3.72%) is below the historical average (4.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 1.40% | 3.85% | 0.29x | 1.26x | NT$-192.78 Million |
| 2018 | 3.70% | 9.35% | 0.28x | 1.42x | NT$-145.46 Million |
| 2019 | 7.58% | 11.96% | 0.44x | 1.44x | NT$-59.39 Million |
| 2020 | 4.41% | 9.28% | 0.29x | 1.64x | NT$-140.40 Million |
| 2021 | 4.84% | 10.10% | 0.31x | 1.55x | NT$-133.09 Million |
| 2022 | 6.83% | 13.75% | 0.31x | 1.60x | NT$-85.34 Million |
| 2023 | 4.63% | 11.93% | 0.25x | 1.54x | NT$-148.43 Million |
| 2024 | 3.72% | 16.23% | 0.15x | 1.50x | NT$-177.67 Million |
Industry Comparison
This section compares Tera Autotech's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,425,314,700
- Average return on equity (ROE) among peers: 7.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tera Autotech (6234) | NT$2.73 Billion | 1.40% | 0.52x | $68.86 Million |
| Basso Industry Corp (1527) | $4.69 Billion | 15.81% | 0.15x | $112.50 Million |
| Jenn Feng New Energy Co Ltd (1538) | $314.60 Million | -31.60% | 2.89x | $5.14 Million |
| Chang Type Industrial Co Ltd (1541) | $876.37 Million | -2.60% | 1.04x | $24.94 Million |
| Kinik Co (1560) | $6.09 Billion | 20.48% | 0.57x | $1.40 Billion |
| De Poan Pneumatic (1570) | $693.89 Million | 11.00% | 0.29x | $31.32 Million |
| Inmax Holding Co Ltd (1591) | $393.55 Million | 2.06% | 0.58x | $42.14 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $7.12 Billion | 4.66% | 0.86x | $64.34 Million |
| Hiwin Technologies Corp (2049) | $11.80 Billion | 17.14% | 1.34x | $1.96 Billion |
| Sheh Kai Precision Co Ltd (2063) | $566.73 Million | 22.21% | 0.62x | $22.55 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.71 Billion | 16.18% | 0.72x | $39.62 Million |