Kingwaytek Technology Co Ltd (6516) - Net Assets
Based on the latest financial reports, Kingwaytek Technology Co Ltd (6516) has net assets worth NT$1.01 Billion TWD (≈ $31.89 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$1.27 Billion ≈ $40.14 Million USD) and total liabilities (NT$261.79 Million ≈ $8.25 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 6516 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.01 Billion |
| % of Total Assets | 79.45% |
| Annual Growth Rate | 13.36% |
| 5-Year Change | 1.58% |
| 10-Year Change | N/A |
| Growth Volatility | 48.24 |
Kingwaytek Technology Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Kingwaytek Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 6516 total assets for the complete picture of this company's asset base.
Annual Net Assets for Kingwaytek Technology Co Ltd (2017–2025)
The table below shows the annual net assets of Kingwaytek Technology Co Ltd from 2017 to 2025. For live valuation and market cap data, see Kingwaytek Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.01 Billion ≈ $31.89 Million |
-7.25% |
| 2024-12-31 | NT$1.09 Billion ≈ $34.38 Million |
+6.24% |
| 2023-12-31 | NT$1.03 Billion ≈ $32.36 Million |
+0.01% |
| 2022-12-31 | NT$1.03 Billion ≈ $32.36 Million |
+3.08% |
| 2021-12-31 | NT$996.40 Million ≈ $31.39 Million |
+4.27% |
| 2020-12-31 | NT$955.60 Million ≈ $30.11 Million |
-3.07% |
| 2019-12-31 | NT$985.84 Million ≈ $31.06 Million |
+146.76% |
| 2018-12-31 | NT$399.51 Million ≈ $12.59 Million |
+7.63% |
| 2017-12-31 | NT$371.18 Million ≈ $11.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kingwaytek 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 82.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$85.28 Million | 8.43% |
| Other Components | NT$926.88 Million | 91.57% |
| Total Equity | NT$1.01 Billion | 100.00% |
Kingwaytek Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Kingwaytek Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Flange
KO:010100
|
$97.40 Million |
|
Peel Mining Ltd
AU:PEX
|
$97.43 Million |
|
OFS Credit Company Inc
NASDAQ:OCCI
|
$97.45 Million |
|
Right Way Industrial Co Ltd
TW:1506
|
$97.48 Million |
|
Daishin Balance 1
KQ:217270
|
$97.28 Million |
|
OCK Group Bhd
KLSE:0172
|
$97.26 Million |
|
OptiNose
NASDAQ:OPTN
|
$97.22 Million |
|
Global Lights Acquisition Corp Ordinary Shares
NASDAQ:GLACF
|
$97.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingwaytek Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,091,282,000 to 1,012,155,000, a change of -79,127,000 (-7.3%).
- Net income of 85,048,000 contributed positively to equity growth.
- Dividend payments of 123,378,000 reduced retained earnings.
- Share repurchases of 39,346,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$85.05 Million | +8.4% |
| Dividends Paid | NT$123.38 Million | -12.19% |
| Share Repurchases | NT$39.35 Million | -3.89% |
| Other Changes | NT$-1.45 Million | -0.14% |
| Total Change | NT$- | -7.25% |
Book Value vs Market Value Analysis
This analysis compares Kingwaytek 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: 3.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.24x to 3.05x 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$10.55 | NT$55.30 | x |
| 2018-12-31 | NT$11.36 | NT$55.30 | x |
| 2019-12-31 | NT$23.24 | NT$55.30 | x |
| 2020-12-31 | NT$18.74 | NT$55.30 | x |
| 2021-12-31 | NT$19.55 | NT$55.30 | x |
| 2022-12-31 | NT$20.14 | NT$55.30 | x |
| 2023-12-31 | NT$20.15 | NT$55.30 | x |
| 2024-12-31 | NT$19.37 | NT$55.30 | x |
| 2025-12-31 | NT$18.13 | NT$55.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingwaytek Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.55%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.26x
- Recent ROE (8.40%) is above the historical average (5.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.32% | 8.07% | 0.66x | 1.18x | NT$-13.66 Million |
| 2018 | 9.78% | 11.77% | 0.67x | 1.23x | NT$-873.20K |
| 2019 | 0.27% | 1.06% | 0.24x | 1.10x | NT$-95.89 Million |
| 2020 | 0.57% | 1.97% | 0.25x | 1.17x | NT$-90.15 Million |
| 2021 | 4.62% | 13.40% | 0.31x | 1.13x | NT$-53.60 Million |
| 2022 | 7.68% | 16.41% | 0.40x | 1.18x | NT$-23.78 Million |
| 2023 | 5.93% | 12.06% | 0.40x | 1.23x | NT$-41.77 Million |
| 2024 | 7.53% | 18.50% | 0.34x | 1.19x | NT$-26.97 Million |
| 2025 | 8.40% | 15.55% | 0.43x | 1.26x | NT$-16.17 Million |
Industry Comparison
This section compares Kingwaytek Technology Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $3,021,010,333
- Average return on equity (ROE) among peers: 10.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingwaytek Technology Co Ltd (6516) | NT$1.01 Billion | 6.32% | 0.26x | $97.28 Million |
| Chroma ATE Inc (2360) | $7.90 Billion | 11.96% | 0.43x | $33.37 Billion |
| Good Will Instrument Co Ltd (2423) | $1.86 Billion | 6.57% | 0.56x | $370.15 Million |
| Test Research Inc (3030) | $7.19 Billion | 13.93% | 0.24x | $3.05 Billion |
| Altek Corp (3059) | $2.58 Billion | 23.44% | 0.88x | $410.77 Million |
| RoyalTek Co Ltd (3306) | $1.34 Billion | -3.40% | 0.20x | $74.22 Million |
| Globalsat Worldcom (3499) | $620.88 Million | 1.30% | 0.65x | $25.80 Million |
| Materials Analysis Technology (3587) | $954.03 Million | 20.27% | 0.24x | $733.85 Million |
| FineTek Co Ltd (4549) | $1.78 Billion | 15.08% | 0.25x | $192.16 Million |
| Sysgration Ltd (5309) | $2.98 Billion | 8.59% | 0.60x | $434.65 Million |
About Kingwaytek Technology Co Ltd
Kingwaytek Technology Co., Ltd. produces and sells electronic maps and develops navigation software in Taiwan. It offers telecommunications maps, 3D maps, and high-definition maps for self-driving cars. The company also provides Leke Navigation King TM version, a mobile navigation software; Leke Navigation King A6 that offers professional internet vehicles navigation software for use in vehicles;… Read more