Das Technology Co. Ltd.
Das Technology Co., Ltd. provides smart meters and home automation systems in Taiwan. The company offers gateways, wireless thermostats and receptacles, wireless light dimmers, touch pads, wireless electric curtains, wireless gas alarms, wireless smoke and gas detectors, video intercoms, cameras, IR remote controls, intercoms, camera detectors, security machines, and contact alarms, as well as EZ… Read more
Das Technology Co. Ltd. (6648) - Net Assets
Latest net assets as of June 2025: NT$665.23 Million TWD
Based on the latest financial reports, Das Technology Co. Ltd. (6648) has net assets worth NT$665.23 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$1.07 Billion) and total liabilities (NT$404.45 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$665.23 Million |
| % of Total Assets | 62.19% |
| Annual Growth Rate | 19.44% |
| 5-Year Change | 7.25% |
| 10-Year Change | N/A |
| Growth Volatility | 52.26 |
Das Technology Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Das Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Das Technology Co. Ltd. (2019–2024)
The table below shows the annual net assets of Das Technology Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$704.04 Million | -21.72% |
| 2023-12-31 | NT$899.44 Million | +17.67% |
| 2022-12-31 | NT$764.34 Million | +27.06% |
| 2021-12-31 | NT$601.54 Million | -8.36% |
| 2020-12-31 | NT$656.42 Million | +126.76% |
| 2019-12-31 | NT$289.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Das 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 decreased by 578.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$865.22 Million | 122.89% |
| Total Equity | NT$704.04 Million | 100.00% |
Das Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Das Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Klondike Gold Corp
OTCQB:KDKGF
|
$12.59 Million |
|
NUTRIBAND INC. DL -001
F:9WV
|
$12.59 Million |
|
Mcphersons Ltd
AU:MCP
|
$12.59 Million |
|
Humax Co. Ltd
KQ:115160
|
$12.60 Million |
|
Blue Sky Uranium Corp
OTCQB:BKUCF
|
$12.59 Million |
|
Laredo Oil Inc
PINK:LRDC
|
$12.59 Million |
|
Shree Rama Newsprint Limited
NSE:RAMANEWS
|
$12.58 Million |
|
LORDS GROUP TRAD. LS-005
F:7S6
|
$12.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Das Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 899,438,000 to 704,037,000, a change of -195,401,000 (-21.7%).
- Net loss of 161,256,000 reduced equity.
- Share repurchases of 25,846,000 reduced equity.
- Other factors decreased equity by 8,299,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-161.26 Million | -22.9% |
| Share Repurchases | NT$25.85 Million | -3.67% |
| Other Changes | NT$-8.30 Million | -1.18% |
| Total Change | NT$- | -21.72% |
Book Value vs Market Value Analysis
This analysis compares Das 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: 1.24x
- 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 1.83x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$9.69 | NT$17.75 | x |
| 2020-12-31 | NT$21.15 | NT$17.75 | x |
| 2021-12-31 | NT$19.12 | NT$17.75 | x |
| 2022-12-31 | NT$24.54 | NT$17.75 | x |
| 2023-12-31 | NT$22.31 | NT$17.75 | x |
| 2024-12-31 | NT$14.37 | NT$17.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Das Technology Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.86%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.54x
- Recent ROE (-22.90%) is below the historical average (1.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 5.96% | 5.78% | 0.35x | 2.98x | NT$-11.69 Million |
| 2020 | 22.45% | 18.84% | 0.65x | 1.82x | NT$81.73 Million |
| 2021 | 11.92% | 10.62% | 0.45x | 2.50x | NT$11.53 Million |
| 2022 | 3.51% | 3.04% | 0.56x | 2.08x | NT$-49.60 Million |
| 2023 | -10.69% | -18.80% | 0.43x | 1.33x | NT$-186.07 Million |
| 2024 | -22.90% | -36.86% | 0.40x | 1.54x | NT$-231.66 Million |
Industry Comparison
This section compares Das Technology Co. Ltd.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $4,561,639,300
- Average return on equity (ROE) among peers: 5.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Das Technology Co. Ltd. (6648) | NT$665.23 Million | 5.96% | 0.61x | $12.59 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.75 Billion | 6.19% | 1.12x | $1.67 Billion |
| Allis Electric Co Ltd (1514) | $2.18 Billion | 0.00% | 0.81x | $733.97 Million |
| Fortune Electric Co Ltd (1519) | $2.42 Billion | 9.14% | 1.69x | $3.52 Billion |
| Klingon Aerospace Inc (1529) | $866.34 Million | 0.60% | 0.90x | $91.79 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $1.30 Billion | 2.54% | 1.20x | $225.04 Million |
| Chieftek Precision Co Ltd (1597) | $2.39 Billion | 3.92% | 0.74x | $140.71 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $8.99 Billion | 7.30% | 0.54x | $104.41 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $7.45 Billion | 0.38% | 1.38x | $704.53 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $5.94 Billion | 13.21% | 0.25x | $213.60 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.33 Billion | 11.87% | 0.76x | $98.71 Million |