Promate Solutions
Promate Solutions Corporation engages in the research and development, manufacture, and sale of medical touch screen displays, embedded control systems, and special application and industrial displays. The company offers embedded panels and industrial touch monitors; and enhancement solutions and design-in-services, as well as applicable software and hardware. Its products are used in the medical… Read more
Promate Solutions (6577) - Net Assets
Latest net assets as of September 2025: NT$1.36 Billion TWD
Based on the latest financial reports, Promate Solutions (6577) has net assets worth NT$1.36 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.03 Billion) and total liabilities (NT$670.16 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$1.36 Billion |
| % of Total Assets | 67.0% |
| Annual Growth Rate | 6.47% |
| 5-Year Change | 41.49% |
| 10-Year Change | N/A |
| Growth Volatility | 9.99 |
Promate Solutions - Net Assets Trend (2017–2024)
This chart illustrates how Promate Solutions's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Promate Solutions (2017–2024)
The table below shows the annual net assets of Promate Solutions from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.55 Billion | +30.25% |
| 2023-12-31 | NT$1.19 Billion | +8.26% |
| 2022-12-31 | NT$1.10 Billion | +3.35% |
| 2021-12-31 | NT$1.07 Billion | -2.91% |
| 2020-12-31 | NT$1.10 Billion | +2.93% |
| 2019-12-31 | NT$1.07 Billion | +3.04% |
| 2018-12-31 | NT$1.04 Billion | +3.37% |
| 2017-12-31 | NT$1.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Promate Solutions'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 157.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$401.37 Million | 25.81% |
| Other Components | NT$1.15 Billion | 74.19% |
| Total Equity | NT$1.55 Billion | 100.00% |
Promate Solutions Competitors by Market Cap
The table below lists competitors of Promate Solutions ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banvit Bandirma Vitaminli Yem Sanayi AS
IS:BANVT
|
$36.03 Million |
|
Bina Puri Holdings Bhd
KLSE:5932
|
$36.05 Million |
|
Cape EMS Berhad
KLSE:5311
|
$36.05 Million |
|
One Group Hospitality Inc
NASDAQ:STKS
|
$36.06 Million |
|
Gemfields Group Limited
PINK:PLLHF
|
$36.02 Million |
|
Value8 N.V
AS:VALUE
|
$36.01 Million |
|
Openbase Inc
KQ:049480
|
$36.01 Million |
|
Neffs Bancorp Inc
PINK:NEFB
|
$36.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Promate Solutions's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,193,723,000 to 1,554,820,000, a change of 361,097,000 (30.2%).
- Net income of 398,383,000 contributed positively to equity growth.
- Dividend payments of 38,255,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$398.38 Million | +25.62% |
| Dividends Paid | NT$38.26 Million | -2.46% |
| Other Changes | NT$969.00K | +0.06% |
| Total Change | NT$- | 30.25% |
Book Value vs Market Value Analysis
This analysis compares Promate Solutions'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: 2.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$26.20 | NT$76.60 | x |
| 2018-12-31 | NT$27.08 | NT$76.60 | x |
| 2019-12-31 | NT$27.91 | NT$76.60 | x |
| 2020-12-31 | NT$28.43 | NT$76.60 | x |
| 2021-12-31 | NT$27.66 | NT$76.60 | x |
| 2022-12-31 | NT$28.53 | NT$76.60 | x |
| 2023-12-31 | NT$30.92 | NT$76.60 | x |
| 2024-12-31 | NT$25.89 | NT$76.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Promate Solutions 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): 25.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.68%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.54x
- Recent ROE (25.62%) is above the historical average (19.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 15.04% | 8.20% | 1.25x | 1.47x | NT$50.47 Million |
| 2018 | 17.98% | 9.85% | 1.33x | 1.37x | NT$82.68 Million |
| 2019 | 19.36% | 11.02% | 1.18x | 1.49x | NT$99.88 Million |
| 2020 | 18.48% | 11.46% | 1.18x | 1.37x | NT$93.19 Million |
| 2021 | 15.21% | 9.30% | 0.99x | 1.66x | NT$55.59 Million |
| 2022 | 17.61% | 10.29% | 1.08x | 1.58x | NT$83.88 Million |
| 2023 | 22.78% | 10.75% | 1.24x | 1.71x | NT$152.52 Million |
| 2024 | 25.62% | 17.68% | 0.94x | 1.54x | NT$242.90 Million |
Industry Comparison
This section compares Promate Solutions's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Promate Solutions (6577) | NT$1.36 Billion | 15.04% | 0.49x | $36.02 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |