ASolid Technology Co Ltd (6485) - Net Assets
Based on the latest financial reports, ASolid Technology Co Ltd (6485) has net assets worth NT$1.81 Billion TWD (≈ $57.06 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.12 Billion ≈ $66.74 Million USD) and total liabilities (NT$307.30 Million ≈ $9.68 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 ASolid Technology Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.81 Billion |
| % of Total Assets | 85.49% |
| Annual Growth Rate | 12.06% |
| 5-Year Change | 87.36% |
| 10-Year Change | N/A |
| Growth Volatility | 26.13 |
ASolid Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how ASolid Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 6485 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ASolid Technology Co Ltd (2017–2024)
The table below shows the annual net assets of ASolid Technology Co Ltd from 2017 to 2024. For live valuation and market cap data, see market value of ASolid Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.84 Billion ≈ $57.95 Million |
-4.74% |
| 2023-12-31 | NT$1.93 Billion ≈ $60.83 Million |
-3.16% |
| 2022-12-31 | NT$1.99 Billion ≈ $62.82 Million |
+15.04% |
| 2021-12-31 | NT$1.73 Billion ≈ $54.60 Million |
+76.54% |
| 2020-12-31 | NT$981.74 Million ≈ $30.93 Million |
+2.02% |
| 2019-12-31 | NT$962.33 Million ≈ $30.32 Million |
+6.41% |
| 2018-12-31 | NT$904.38 Million ≈ $28.49 Million |
+9.13% |
| 2017-12-31 | NT$828.69 Million ≈ $26.11 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ASolid Technology 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 555.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$496.84 Million | 27.02% |
| Other Components | NT$1.34 Billion | 72.98% |
| Total Equity | NT$1.84 Billion | 100.00% |
ASolid Technology Co Ltd Competitors by Market Cap
The table below lists competitors of ASolid Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Naturel Yenilenebilir Enerji Ticare
IS:NATEN
|
$126.02 Million |
|
Butterfly Gandhimathi Appliances Limited
NSE:BUTTERFLY
|
$126.04 Million |
|
Diamond Building Products Public Company Limited
BK:DRT
|
$126.05 Million |
|
Equillium Inc
NASDAQ:EQ
|
$126.05 Million |
|
Connect Biopharma Holdings Ltd
NASDAQ:CNTB
|
$125.93 Million |
|
Heritage Distilling Holding Company, Inc. Common Stock
NASDAQ:CASK
|
$125.83 Million |
|
Wallbridge Mining Company Limited
TO:WM
|
$125.82 Million |
|
Founding Construction Development Co Ltd
TW:5533
|
$125.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASolid Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,930,457,000 to 1,839,025,000, a change of -91,432,000 (-4.7%).
- Net loss of 56,409,000 reduced equity.
- Dividend payments of 54,182,000 reduced retained earnings.
- New share issuances of 2,703,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-56.41 Million | -3.07% |
| Dividends Paid | NT$54.18 Million | -2.95% |
| Share Issuances | NT$2.70 Million | +0.15% |
| Other Changes | NT$16.46 Million | +0.89% |
| Total Change | NT$- | -4.74% |
Book Value vs Market Value Analysis
This analysis compares ASolid Technology 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: 2.17x
- 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 4.28x to 2.17x 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$20.65 | NT$88.40 | x |
| 2018-12-31 | NT$22.75 | NT$88.40 | x |
| 2019-12-31 | NT$24.44 | NT$88.40 | x |
| 2020-12-31 | NT$24.81 | NT$88.40 | x |
| 2021-12-31 | NT$40.31 | NT$88.40 | x |
| 2022-12-31 | NT$44.11 | NT$88.40 | x |
| 2023-12-31 | NT$42.32 | NT$88.40 | x |
| 2024-12-31 | NT$40.73 | NT$88.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASolid Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.47%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.16x
- Recent ROE (-3.07%) is below the historical average (7.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -9.15% | -10.39% | 0.67x | 1.31x | NT$-155.59 Million |
| 2018 | 8.39% | 6.66% | 0.85x | 1.48x | NT$-14.42 Million |
| 2019 | 6.35% | 5.69% | 0.79x | 1.40x | NT$-35.11 Million |
| 2020 | 3.29% | 3.44% | 0.75x | 1.28x | NT$-66.15 Million |
| 2021 | 28.66% | 25.46% | 0.89x | 1.27x | NT$323.38 Million |
| 2022 | 21.40% | 22.20% | 0.79x | 1.21x | NT$227.29 Million |
| 2023 | 4.62% | 5.29% | 0.73x | 1.20x | NT$-103.90 Million |
| 2024 | -3.07% | -4.47% | 0.59x | 1.16x | NT$-240.31 Million |
Industry Comparison
This section compares ASolid Technology Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,725,212,200
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASolid Technology Co Ltd (6485) | NT$1.81 Billion | -9.15% | 0.17x | $126.02 Million |
| Solytech Enterprise Corp (1471) | $2.28 Billion | -15.70% | 0.21x | $51.89 Million |
| Lite-On Technology Corp (2301) | $79.24 Billion | 11.05% | 1.68x | $15.05 Billion |
| Microtek International Inc (2305) | $1.61 Billion | 0.17% | 0.31x | $214.92 Million |
| Kinpo Electronics Inc (2312) | $13.60 Billion | 7.28% | 0.85x | $1.68 Billion |
| CMC Magnetics Corp (2323) | $27.94 Billion | -6.18% | 0.41x | $403.27 Million |
| Compal Electronics Inc (2324) | $113.16 Billion | 7.88% | 2.53x | $5.18 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $3.31 Billion | 36.86% | 2.06x | $393.37 Million |
| Ritek Corp (2349) | $10.29 Billion | -7.79% | 0.90x | $302.69 Million |
| Qisda Corp (2352) | $32.95 Billion | 13.18% | 1.89x | $1.54 Billion |
| Acer Inc (2353) | $92.88 Billion | 12.22% | 2.13x | $3.26 Billion |
About ASolid Technology Co Ltd
ASolid Technology Co., Ltd. engages in the provision of NAND flash controller in Taiwan. It offers eMMC controllers, SD controllers, SSD controllers, and UFD controllers. The company was founded in 2008 and is based in Zhubei City, Taiwan.