Professional Computer Technology Ltd (6270) - Net Assets
Based on the latest financial reports, Professional Computer Technology Ltd (6270) has net assets worth NT$2.47 Billion TWD (≈ $77.85 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.66 Billion ≈ $115.36 Million USD) and total liabilities (NT$1.19 Billion ≈ $37.52 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 financial resilience of Professional Computer Technology Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.47 Billion |
| % of Total Assets | 67.48% |
| Annual Growth Rate | 13.71% |
| 5-Year Change | 123.35% |
| 10-Year Change | N/A |
| Growth Volatility | 19.37 |
Professional Computer Technology Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Professional Computer Technology Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Professional Computer Technology Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Professional Computer Technology Ltd (2016–2024)
The table below shows the annual net assets of Professional Computer Technology Ltd from 2016 to 2024. For live valuation and market cap data, see Professional Computer Technology Ltd (6270) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.40 Billion ≈ $107.16 Million |
+44.38% |
| 2023-12-31 | NT$2.36 Billion ≈ $74.22 Million |
+49.98% |
| 2022-12-31 | NT$1.57 Billion ≈ $49.49 Million |
+7.80% |
| 2021-12-31 | NT$1.46 Billion ≈ $45.91 Million |
-4.32% |
| 2020-12-31 | NT$1.52 Billion ≈ $47.98 Million |
+12.77% |
| 2019-12-31 | NT$1.35 Billion ≈ $42.55 Million |
+10.62% |
| 2018-12-31 | NT$1.22 Billion ≈ $38.46 Million |
-3.65% |
| 2017-12-31 | NT$1.27 Billion ≈ $39.92 Million |
+4.09% |
| 2016-12-31 | NT$1.22 Billion ≈ $38.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Professional Computer Technology 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 168.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$65.91 Million | 1.94% |
| Other Components | NT$3.34 Billion | 98.06% |
| Total Equity | NT$3.40 Billion | 100.00% |
Professional Computer Technology Ltd Competitors by Market Cap
The table below lists competitors of Professional Computer Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Infragreen Group Ltd
AU:IFN
|
$59.90 Million |
|
Ikena Oncology Inc
NASDAQ:IKNA
|
$59.90 Million |
|
Titania Holding AB Series B
ST:TITA-B
|
$59.92 Million |
|
Luo Lih Fen Holding Co Ltd
TW:6666
|
$59.94 Million |
|
Taiwan Ostor
TWO:8080
|
$59.88 Million |
|
Kuangli Photoelectric Technology Co Ltd
TW:6431
|
$59.84 Million |
|
Cactus Acquisition Corp 1 Ltd
NASDAQ:CCTS
|
$59.83 Million |
|
U-Tech Media Corp
TW:3050
|
$59.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Professional Computer Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,355,743,000 to 3,401,259,000, a change of 1,045,516,000 (44.4%).
- Net income of 47,063,000 contributed positively to equity growth.
- Dividend payments of 72,146,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,175,145,000.
- Other factors increased equity by 2,245,744,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$47.06 Million | +1.38% |
| Dividends Paid | NT$72.15 Million | -2.12% |
| Other Comprehensive Income | NT$-1.18 Billion | -34.55% |
| Other Changes | NT$2.25 Billion | +66.03% |
| Total Change | NT$- | 44.38% |
Book Value vs Market Value Analysis
This analysis compares Professional Computer Technology 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: 0.56x
- 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 1.57x to 0.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$16.78 | NT$26.35 | x |
| 2017-12-31 | NT$17.46 | NT$26.35 | x |
| 2018-12-31 | NT$16.69 | NT$26.35 | x |
| 2019-12-31 | NT$18.46 | NT$26.35 | x |
| 2020-12-31 | NT$20.86 | NT$26.35 | x |
| 2021-12-31 | NT$19.98 | NT$26.35 | x |
| 2022-12-31 | NT$21.51 | NT$26.35 | x |
| 2023-12-31 | NT$32.47 | NT$26.35 | x |
| 2024-12-31 | NT$47.14 | NT$26.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Professional Computer Technology Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.78%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.35x
- Recent ROE (1.38%) is below the historical average (5.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.11% | 1.09% | 1.39x | 1.40x | NT$-96.05 Million |
| 2017 | 1.90% | 0.89% | 1.54x | 1.38x | NT$-102.64 Million |
| 2018 | 5.77% | 2.29% | 1.91x | 1.32x | NT$-51.63 Million |
| 2019 | 5.17% | 2.22% | 1.73x | 1.34x | NT$-65.23 Million |
| 2020 | 6.05% | 2.49% | 1.80x | 1.35x | NT$-60.09 Million |
| 2021 | 11.70% | 4.07% | 1.78x | 1.61x | NT$24.77 Million |
| 2022 | 10.62% | 3.62% | 1.75x | 1.68x | NT$9.66 Million |
| 2023 | 2.92% | 2.05% | 0.94x | 1.51x | NT$-166.88 Million |
| 2024 | 1.38% | 1.78% | 0.58x | 1.35x | NT$-293.06 Million |
Industry Comparison
This section compares Professional Computer Technology Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $202,930,058,900
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Professional Computer Technology Ltd (6270) | NT$2.47 Billion | 2.11% | 0.48x | $59.89 Million |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $281.20 Billion | 18.22% | 0.65x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.61 Trillion | 21.92% | 0.40x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $24.66 Billion | 22.38% | 0.79x | $8.99 Billion |
| Optotech Corp (2340) | $7.08 Billion | 9.72% | 0.77x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $166.75 Million |
| Winbond Electronics Corp (2344) | $60.28 Billion | 5.50% | 0.10x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $7.70 Billion | -2.92% | 0.01x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.11 Billion | 17.61% | 0.86x | $8.72 Billion |
About Professional Computer Technology Ltd
Professional Computer Technology Limited engages in the programming, processing, testing, and trading of computer electronic products and components in China. The company sells active and passive components, computer basic and application software, and B2B components. It offers its products under the PCT, NOR, and flash brands. Professional Computer Technology Limited was founded in 1981 and is h… Read more