Tera Autotech (6234) - Net Assets
Based on the latest financial reports, Tera Autotech (6234) has net assets worth NT$2.77 Billion TWD (≈ $87.42 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$4.17 Billion ≈ $131.32 Million USD) and total liabilities (NT$1.39 Billion ≈ $43.89 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 6234 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.77 Billion |
| % of Total Assets | 66.57% |
| Annual Growth Rate | 2.7% |
| 5-Year Change | 7.54% |
| 10-Year Change | N/A |
| Growth Volatility | 20.67 |
Tera Autotech - Net Assets Trend (2017–2025)
This chart illustrates how Tera Autotech's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Tera Autotech worth.
Annual Net Assets for Tera Autotech (2017–2025)
The table below shows the annual net assets of Tera Autotech from 2017 to 2025. Also explore net asset momentum of Tera Autotech to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.77 Billion ≈ $87.42 Million |
-2.00% |
| 2024-12-31 | NT$2.83 Billion ≈ $89.20 Million |
+2.51% |
| 2023-12-31 | NT$2.76 Billion ≈ $87.01 Million |
+2.68% |
| 2022-12-31 | NT$2.69 Billion ≈ $84.74 Million |
+4.24% |
| 2021-12-31 | NT$2.58 Billion ≈ $81.29 Million |
+2.70% |
| 2020-12-31 | NT$2.51 Billion ≈ $79.16 Million |
-28.54% |
| 2019-12-31 | NT$3.52 Billion ≈ $110.77 Million |
+52.17% |
| 2018-12-31 | NT$2.31 Billion ≈ $72.79 Million |
+3.02% |
| 2017-12-31 | NT$2.24 Billion ≈ $70.66 Million |
-- |
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 327.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$753.33 Million | 27.15% |
| Other Components | NT$2.02 Billion | 72.85% |
| Total Equity | NT$2.77 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 |
|---|---|
|
Bank of the James Financial Group
NASDAQ:BOTJ
|
$106.00 Million |
|
Baby Bunting Group Ltd
AU:BBN
|
$106.02 Million |
|
United Polyfab Gujarat Limited
NSE:UNITEDPOLY
|
$106.11 Million |
|
DMS Co.Ltd
KQ:068790
|
$106.19 Million |
|
Korea Petroleum Industries Co
KO:004090
|
$105.90 Million |
|
OncoQuest Pharmaceuticals Inc
KQ:078590
|
$105.89 Million |
|
Uttam Sugar Mills Limited
NSE:UTTAMSUGAR
|
$105.86 Million |
|
Kingfisher Metals Corp
V:KFR
|
$105.83 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 2024 to 2025, total equity changed from 2,831,309,000 to 2,774,815,000, a change of -56,494,000 (-2.0%).
- Net income of 4,956,000 contributed positively to equity growth.
- Dividend payments of 45,174,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$4.96 Million | +0.18% |
| Dividends Paid | NT$45.17 Million | -1.63% |
| Other Changes | NT$-16.28 Million | -0.59% |
| Total Change | NT$- | -2.00% |
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: 1.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.50x to 1.21x 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$33.50 | x |
| 2018-12-31 | NT$23.02 | NT$33.50 | x |
| 2019-12-31 | NT$24.40 | NT$33.50 | x |
| 2020-12-31 | NT$24.98 | NT$33.50 | x |
| 2021-12-31 | NT$25.63 | NT$33.50 | x |
| 2022-12-31 | NT$26.70 | NT$33.50 | x |
| 2023-12-31 | NT$27.46 | NT$33.50 | x |
| 2024-12-31 | NT$28.20 | NT$33.50 | x |
| 2025-12-31 | NT$27.64 | NT$33.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tera Autotech utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.04%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.50x
- Recent ROE (0.18%) is below the historical average (4.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 1.40% | 3.85% | 0.29x | 1.26x | NT$-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$-177.67 Million |
| 2025 | 0.18% | 1.04% | 0.11x | 1.50x | NT$-272.53 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: $2,595,624,000
- Average return on equity (ROE) among peers: 15.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tera Autotech (6234) | NT$2.77 Billion | 1.40% | 0.50x | $105.95 Million |
| Basso Industry Corp (1527) | $2.25 Billion | 26.82% | 0.58x | $140.58 Million |
| Jenn Feng New Energy Co Ltd (1538) | $2.20 Billion | 14.08% | 0.93x | $9.01 Million |
| Chang Type Industrial Co Ltd (1541) | $1.28 Billion | 26.95% | 1.05x | $51.51 Million |
| Kinik Co (1560) | $1.20 Billion | 5.23% | 1.52x | $3.48 Billion |
| De Poan Pneumatic (1570) | $1.02 Billion | 11.29% | 0.18x | $52.65 Million |
| Inmax Holding Co Ltd (1591) | $411.00 Million | 12.11% | 0.54x | $46.75 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $6.30 Billion | 0.00% | 0.68x | $76.38 Million |
| Hiwin Technologies Corp (2049) | $9.24 Billion | 41.22% | 1.22x | $3.67 Billion |
| Sheh Kai Precision Co Ltd (2063) | $278.48 Million | 17.59% | 1.37x | $35.84 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.78 Billion | 3.97% | 0.91x | $70.14 Million |
About 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 warehousing and conveying equipment, including cleanroom, normal environment, semiconductor, and peripheral equipment; and whole plant automated logistic equipment for LCD, solar, 3C, and PCB drill industries… Read more