Algoltek Inc
Algoltek, Inc. engages in integrated circuit design and development in Taiwan. The company offers solutions for video transmission and conversion in various formats, such as MHL, HDMI, VGA, DisplayPort, and type-C ALT mode; customized integrated circuit design solutions; signal extension/enhancement; signal repeater; and transmission control protocol-power transmission application. It also provid… Read more
Algoltek Inc (6684) - Net Assets
Latest net assets as of September 2025: NT$1.72 Billion TWD
Based on the latest financial reports, Algoltek Inc (6684) has net assets worth NT$1.72 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$1.90 Billion) and total liabilities (NT$175.13 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$1.72 Billion |
| % of Total Assets | 90.78% |
| Annual Growth Rate | 29.97% |
| 5-Year Change | 348.87% |
| 10-Year Change | N/A |
| Growth Volatility | 84.14 |
Algoltek Inc - Net Assets Trend (2018–2024)
This chart illustrates how Algoltek Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Algoltek Inc (2018–2024)
The table below shows the annual net assets of Algoltek Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.61 Billion | -8.94% |
| 2023-12-31 | NT$1.77 Billion | +183.84% |
| 2022-12-31 | NT$624.63 Million | -30.50% |
| 2021-12-31 | NT$898.72 Million | +149.87% |
| 2020-12-31 | NT$359.68 Million | -12.44% |
| 2019-12-31 | NT$410.77 Million | +22.68% |
| 2018-12-31 | NT$334.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Algoltek Inc'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 354.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.80 Billion | 111.69% |
| Total Equity | NT$1.61 Billion | 100.00% |
Algoltek Inc Competitors by Market Cap
The table below lists competitors of Algoltek Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zwack Unicum Likoripari es Kereskedelmi Nyrt.
BUD:ZWACK
|
$40.70 Million |
|
Max India Limited
NSE:MAXIND
|
$40.72 Million |
|
Awardit AB
ST:AWRD
|
$40.73 Million |
|
Perak Transit Bhd
KLSE:0186
|
$40.73 Million |
|
Homecast Co.Ltd
KQ:064240
|
$40.69 Million |
|
NexMetals Mining Corp. Common Shares
NASDAQ:NEXM
|
$40.66 Million |
|
AVer Information Inc
TW:3669
|
$40.65 Million |
|
Lily Textile Co Ltd
TW:1443
|
$40.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Algoltek Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,767,520,000 to 1,610,332,000, a change of -157,188,000 (-8.9%).
- Net loss of 188,184,000 reduced equity.
- Other comprehensive income increased equity by 1,240,000.
- Other factors increased equity by 29,756,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-188.18 Million | -11.69% |
| Other Comprehensive Income | NT$1.24 Million | +0.08% |
| Other Changes | NT$29.76 Million | +1.85% |
| Total Change | NT$- | -8.89% |
Book Value vs Market Value Analysis
This analysis compares Algoltek Inc'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: 1.27x
- 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 2.86x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | NT$16.02 | NT$45.85 | x |
| 2019-12-31 | NT$13.96 | NT$45.85 | x |
| 2020-12-31 | NT$15.59 | NT$45.85 | x |
| 2021-12-31 | NT$35.90 | NT$45.85 | x |
| 2022-12-31 | NT$35.95 | NT$45.85 | x |
| 2023-12-31 | NT$46.94 | NT$45.85 | x |
| 2024-12-31 | NT$36.11 | NT$45.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Algoltek Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.24%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.11x
- Recent ROE (-11.69%) is below the historical average (1.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 9.86% | 11.06% | 0.73x | 1.22x | NT$-485.10K |
| 2019 | 0.38% | 0.50% | 0.61x | 1.26x | NT$-31.45 Million |
| 2020 | 11.38% | 11.90% | 0.72x | 1.33x | NT$4.96 Million |
| 2021 | 16.43% | 23.70% | 0.57x | 1.23x | NT$57.78 Million |
| 2022 | 0.76% | 1.15% | 0.58x | 1.14x | NT$-57.69 Million |
| 2023 | -13.60% | -67.08% | 0.18x | 1.12x | NT$-417.16 Million |
| 2024 | -11.69% | -50.24% | 0.21x | 1.11x | NT$-349.22 Million |
Industry Comparison
This section compares Algoltek Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $3,963,876,800
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Algoltek Inc (6684) | NT$1.72 Billion | 9.86% | 0.10x | $40.69 Million |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.31 Billion | -10.40% | 0.55x | $285.76 Million |
| Greatek Electronics Inc (2441) | $9.68 Billion | 16.62% | 0.10x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |