AcSiP Technology Corp.
AcSiP Technology Corp., an Internet of Things solution company, provides wireless communication services and solutions in Taiwan. The company offers wireless connectivity solutions, such as Bluetooth, NFC, Zigbee, GPS, 2G, 4G, and IoT-Wi-Fi and loT-LoRa products, as well as development kits. It also provides system integration and size shrinkage services. AcSiP Technology Corp. was founded in 200… Read more
AcSiP Technology Corp. (6403) - Net Assets
Latest net assets as of June 2025: NT$141.36 Million TWD
Based on the latest financial reports, AcSiP Technology Corp. (6403) has net assets worth NT$141.36 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$208.84 Million) and total liabilities (NT$67.47 Million). 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$141.36 Million |
| % of Total Assets | 67.69% |
| Annual Growth Rate | -6.11% |
| 5-Year Change | -15.02% |
| 10-Year Change | N/A |
| Growth Volatility | 6.43 |
AcSiP Technology Corp. - Net Assets Trend (2019–2024)
This chart illustrates how AcSiP Technology Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AcSiP Technology Corp. (2019–2024)
The table below shows the annual net assets of AcSiP Technology Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$156.61 Million | +5.05% |
| 2023-12-31 | NT$149.08 Million | -8.92% |
| 2022-12-31 | NT$163.69 Million | -3.50% |
| 2021-12-31 | NT$169.62 Million | -7.96% |
| 2020-12-31 | NT$184.29 Million | -14.14% |
| 2019-12-31 | NT$214.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AcSiP Technology Corp.'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 6028200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$366.36 Million | 233.93% |
| Other Components | NT$3.29 Million | 2.10% |
| Total Equity | NT$156.61 Million | 100.00% |
AcSiP Technology Corp. Competitors by Market Cap
The table below lists competitors of AcSiP Technology Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TECAN GRP N
MU:TEN
|
$1.30 Million |
|
CINCINNATI FINANCL
BE:CCJ
|
$1.30 Million |
|
Accunia Invest EUR CLO Invest Grade DKK
CO:ACACIGDKK
|
$1.30 Million |
|
Glassbox Ltd
TA:GLBX
|
$1.30 Million |
|
Skinvisible Inc
OTCQB:SKVI
|
$1.30 Million |
|
OCB Bhd
KLSE:5533
|
$1.30 Million |
|
ATLANTIC PETROL.PF DK 1
F:B3W
|
$1.30 Million |
|
Auriant Mining AB (publ)
ST:AUR
|
$1.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AcSiP Technology Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 149,079,000 to 156,608,000, a change of 7,529,000 (5.1%).
- Net income of 7,529,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$7.53 Million | +4.81% |
| Total Change | NT$- | 5.05% |
Book Value vs Market Value Analysis
This analysis compares AcSiP Technology Corp.'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: 0.49x
- 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 increased from 0.31x to 0.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$16.23 | NT$5.00 | x |
| 2020-12-31 | NT$12.03 | NT$5.00 | x |
| 2021-12-31 | NT$11.08 | NT$5.00 | x |
| 2022-12-31 | NT$10.49 | NT$5.00 | x |
| 2023-12-31 | NT$9.73 | NT$5.00 | x |
| 2024-12-31 | NT$10.23 | NT$5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AcSiP Technology Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.18%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.23x
- Recent ROE (4.81%) is above the historical average (-7.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -12.18% | -27.57% | 0.38x | 1.17x | NT$-47.61 Million |
| 2020 | -17.33% | -31.36% | 0.48x | 1.14x | NT$-50.36 Million |
| 2021 | -8.36% | -9.38% | 0.65x | 1.37x | NT$-31.14 Million |
| 2022 | -4.34% | -3.56% | 0.88x | 1.39x | NT$-23.46 Million |
| 2023 | -9.80% | -11.17% | 0.70x | 1.25x | NT$-29.51 Million |
| 2024 | 4.81% | 5.18% | 0.75x | 1.23x | NT$-8.13 Million |
Industry Comparison
This section compares AcSiP Technology Corp.'s net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,191,021,400
- Average return on equity (ROE) among peers: 6.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AcSiP Technology Corp. (6403) | NT$141.36 Million | -12.18% | 0.48x | $1.30 Million |
| Microelectronics Technology Inc (2314) | $2.66 Billion | 0.06% | 0.89x | $45.23 Million |
| Tecom Co Ltd (2321) | $4.17 Billion | 0.00% | 0.84x | $4.21 Million |
| D-Link Corp (2332) | $13.20 Billion | 0.47% | 0.93x | $223.47 Million |
| Accton Technology Corp (2345) | $6.35 Billion | -4.76% | 1.05x | $24.28 Billion |
| Hitron Technologies Inc (2419) | $2.12 Billion | 9.31% | 1.51x | $112.81 Million |
| Abocom Systems Inc (2444) | $1.06 Billion | -12.63% | 1.12x | $38.22 Million |
| Zinwell Corporation (2485) | $6.47 Billion | 17.42% | 0.34x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $926.82 Million | 10.19% | 0.29x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $1.13 Billion | 21.40% | 1.09x | $96.06 Million |
| CyberTAN Technology Inc (3062) | $3.85 Billion | 23.50% | 1.65x | $228.82 Million |