Aplex Technology Net Assets
Aplex Technology net assets. Based on the latest financial reports, Aplex Technology (6570) has net assets worth NT$799.45 Million TWD (≈ $25.19 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.44 Billion ≈ $45.45 Million USD) and total liabilities (NT$643.17 Million ≈ $20.26 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. Also explore 6570 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$799.45 Million |
| % of Total Assets | 55.42% |
| Annual Growth Rate | 8.27% |
| 5-Year Change | 45.38% |
| 10-Year Change | N/A |
| Growth Volatility | 18.19 |
Net Assets of Aplex Technology (2017–2025)
Net assets of Aplex Technology from 2017 to 2025. This chart illustrates how Aplex Technology's net assets have evolved over time, based on quarterly financial data. See Aplex Technology net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Aplex Technology (2017–2025)
The table below shows the annual net assets of Aplex Technology from 2017 to 2025. For live market cap and overall valuation, see Aplex Technology stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$813.78 Million ≈ $25.64 Million |
-1.53% |
| 2024-12-31 | NT$826.39 Million ≈ $26.04 Million |
-3.62% |
| 2023-12-31 | NT$857.40 Million ≈ $27.01 Million |
-1.21% |
| 2022-12-31 | NT$867.91 Million ≈ $27.34 Million |
+55.05% |
| 2021-12-31 | NT$559.76 Million ≈ $17.64 Million |
+15.79% |
| 2020-12-31 | NT$483.43 Million ≈ $15.23 Million |
-0.60% |
| 2019-12-31 | NT$486.36 Million ≈ $15.32 Million |
+6.29% |
| 2018-12-31 | NT$457.60 Million ≈ $14.42 Million |
+6.18% |
| 2017-12-31 | NT$430.95 Million ≈ $13.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aplex Technology'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 33.0% over the analyzed period, indicating profitable operations and earnings retention.
Aplex Technology Net Assets Breakdown (December 2025)
Aplex Technology net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$69.78 Million | 8.57% |
| Other Components | NT$744.01 Million | 91.43% |
| Total Equity | NT$813.78 Million | 100.00% |
Aplex Technology Competitors by Market Cap
The table below lists competitors of Aplex Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ktcs corporation
KO:058850
|
$51.94 Million |
|
Oneflow AB
ST:ONEF
|
$51.94 Million |
|
Advanced Lithium Electrochemistry Cayman Co Ltd
TWO:5227
|
$51.95 Million |
|
Investigator Resources Ltd
AU:IVR
|
$51.96 Million |
|
Energia Latina SA
SN:ENLASA
|
$51.88 Million |
|
Kerjaya Prospek Property Bhd
KLSE:7077
|
$51.87 Million |
|
Hae In
KO:003010
|
$51.86 Million |
|
Rushil Decor Limited
NSE:RUSHIL
|
$51.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aplex Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 826,393,000 to 813,783,000, a change of -12,610,000 (-1.5%).
- Net income of 47,862,000 contributed positively to equity growth.
- Dividend payments of 55,679,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$47.86 Million | +5.88% |
| Dividends Paid | NT$55.68 Million | -6.84% |
| Other Changes | NT$-4.79 Million | -0.59% |
| Total Change | NT$- | -1.53% |
Book Value vs Market Value Analysis
This analysis compares Aplex Technology'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: 2.03x
- 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 3.10x to 2.03x 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$14.32 | NT$44.40 | x |
| 2018-12-31 | NT$15.21 | NT$44.40 | x |
| 2019-12-31 | NT$16.17 | NT$44.40 | x |
| 2020-12-31 | NT$15.75 | NT$44.40 | x |
| 2021-12-31 | NT$18.17 | NT$44.40 | x |
| 2022-12-31 | NT$26.38 | NT$44.40 | x |
| 2023-12-31 | NT$23.11 | NT$44.40 | x |
| 2024-12-31 | NT$22.26 | NT$44.40 | x |
| 2025-12-31 | NT$21.92 | NT$44.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aplex Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.23%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.71x
- Recent ROE (5.88%) is below the historical average (11.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.14% | 5.42% | 0.87x | 1.52x | NT$-12.33 Million |
| 2018 | 11.79% | 8.53% | 0.89x | 1.55x | NT$8.20 Million |
| 2019 | 16.80% | 10.58% | 1.06x | 1.50x | NT$33.07 Million |
| 2020 | 7.09% | 5.64% | 0.58x | 2.15x | NT$-14.05 Million |
| 2021 | 19.26% | 12.33% | 0.78x | 2.01x | NT$51.81 Million |
| 2022 | 19.78% | 15.10% | 0.83x | 1.58x | NT$84.85 Million |
| 2023 | 12.57% | 11.42% | 0.76x | 1.45x | NT$22.04 Million |
| 2024 | 7.14% | 6.64% | 0.65x | 1.66x | NT$-23.64 Million |
| 2025 | 5.88% | 5.23% | 0.66x | 1.71x | NT$-33.52 Million |
Industry Comparison
This section compares Aplex Technology's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $41,508,268,800
- Average return on equity (ROE) among peers: 4.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aplex Technology (6570) | NT$799.45 Million | 7.14% | 0.80x | $51.92 Million |
| Solytech Enterprise Corp (1471) | $1.32 Billion | 5.41% | 0.44x | $42.74 Million |
| Lite-On Technology Corp (2301) | $40.87 Billion | 12.54% | 1.20x | $17.41 Billion |
| Microtek International Inc (2305) | $2.73 Billion | 1.87% | 1.62x | $321.26 Million |
| Kinpo Electronics Inc (2312) | $28.21 Billion | 3.59% | 3.45x | $1.43 Billion |
| CMC Magnetics Corp (2323) | $18.82 Billion | 9.30% | 0.35x | $355.22 Million |
| Compal Electronics Inc (2324) | $156.47 Billion | 6.42% | 1.96x | $4.66 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $22.62 Billion | 1.43% | 0.83x | $304.69 Million |
| Ritek Corp (2349) | $26.09 Billion | -11.98% | 0.54x | $222.92 Million |
| Qisda Corp (2352) | $58.96 Billion | 8.46% | 1.90x | $1.59 Billion |
| Acer Inc (2353) | $58.99 Billion | 5.19% | 1.61x | $2.87 Billion |
About Aplex Technology
Aplex Technology Inc. develops, manufactures, and sells industrial PC products worldwide. It provides stainless steel panel, industrial panel, embedded box, in-vehicle panel, and ATEx panel PC products. The company also offers human-machine interfaces, ATEx displays, ATEx box PC products, industrial displays and boards, machine vision systems, industrial AIOT solutions, industrial rugged tablets,… Read more