Algoltek Inc (6684) - Net Assets
Based on the latest financial reports, Algoltek Inc (6684) has net assets worth NT$1.62 Billion TWD (≈ $50.98 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$1.76 Billion ≈ $55.34 Million USD) and total liabilities (NT$138.32 Million ≈ $4.36 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 6684 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.62 Billion |
| % of Total Assets | 92.12% |
| Annual Growth Rate | 25.24% |
| 5-Year Change | 80.05% |
| 10-Year Change | N/A |
| Growth Volatility | 79.88 |
Algoltek Inc - Net Assets Trend (2018–2025)
This chart illustrates how Algoltek Inc's net assets have evolved over time, based on quarterly financial data. See Algoltek Inc (6684) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Algoltek Inc (2018–2025)
The table below shows the annual net assets of Algoltek Inc from 2018 to 2025. For live valuation and market cap data, see 6684 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.62 Billion ≈ $50.98 Million |
+0.23% |
| 2024-12-31 | NT$1.61 Billion ≈ $50.86 Million |
-8.94% |
| 2023-12-31 | NT$1.77 Billion ≈ $55.86 Million |
+183.84% |
| 2022-12-31 | NT$624.63 Million ≈ $19.68 Million |
-30.50% |
| 2021-12-31 | NT$898.72 Million ≈ $28.31 Million |
+149.87% |
| 2020-12-31 | NT$359.68 Million ≈ $11.33 Million |
-12.44% |
| 2019-12-31 | NT$410.77 Million ≈ $12.94 Million |
+22.68% |
| 2018-12-31 | NT$334.83 Million ≈ $10.55 Million |
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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 269.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.73 Billion | 107.76% |
| 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 |
|---|---|
|
Kawan Food Bhd
KLSE:7216
|
$70.34 Million |
|
Amoeba SA
PA:ALMIB
|
$70.39 Million |
|
Universal Inc
TW:1325
|
$70.39 Million |
|
Sunflex Tech Co Ltd
TWO:3390
|
$70.40 Million |
|
RoboRobo Co. Ltd
KQ:215100
|
$70.28 Million |
|
Cheviot Company Limited
NSE:CHEVIOT
|
$70.28 Million |
|
Grodno S.A.
WAR:GRN
|
$70.27 Million |
|
Grupo Mexicano de Desarrollo S.A.B
MX:GMD
|
$70.26 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 2024 to 2025, total equity changed from 1,610,332,000 to 1,608,833,000, a change of -1,499,000 (-0.1%).
- Net income of 69,971,000 contributed positively to equity growth.
- Other factors decreased equity by 71,470,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$69.97 Million | +4.35% |
| Other Changes | NT$-71.47 Million | -4.44% |
| Total Change | NT$- | -0.09% |
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: 1.39x
- 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 3.13x to 1.39x 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$50.10 | x |
| 2019-12-31 | NT$13.96 | NT$50.10 | x |
| 2020-12-31 | NT$15.59 | NT$50.10 | x |
| 2021-12-31 | NT$35.90 | NT$50.10 | x |
| 2022-12-31 | NT$35.95 | NT$50.10 | x |
| 2023-12-31 | NT$46.94 | NT$50.10 | x |
| 2024-12-31 | NT$36.11 | NT$50.10 | x |
| 2025-12-31 | NT$36.11 | NT$50.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Algoltek Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.07%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.09x
- Recent ROE (4.35%) is above the historical average (2.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 9.86% | 11.06% | 0.73x | 1.22x | NT$-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 |
| 2025 | 4.35% | 22.07% | 0.18x | 1.09x | NT$-90.91 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: $4,452,033,700
- Average return on equity (ROE) among peers: 5.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Algoltek Inc (6684) | NT$1.62 Billion | 9.86% | 0.09x | $70.33 Million |
| Rectron Ltd (2302) | $2.97 Billion | 0.00% | 0.39x | $235.78 Million |
| Taiwan Mask Corp (2338) | $5.04 Billion | 1.93% | 0.24x | $455.60 Million |
| SDI Corp (2351) | $2.20 Billion | 5.79% | 1.15x | $1.03 Billion |
| Lingsen Precision Industries Ltd (2369) | $6.10 Billion | 14.33% | 0.55x | $407.00 Million |
| Greatek Electronics Inc (2441) | $13.39 Billion | 16.88% | 0.16x | $2.27 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $637.47 Million | 0.00% | 0.77x | $2.49 Billion |
| Pan Jit International Inc (2481) | $6.95 Billion | 1.01% | 1.21x | $1.75 Billion |
| Ampoc Far-East Co Ltd (2493) | $1.80 Billion | 2.61% | 0.41x | $1.40 Billion |
| Episil-Precision Inc (3016) | $1.12 Billion | 6.80% | 0.13x | $1.11 Billion |
| Zenitron Corp (3028) | $4.31 Billion | 7.44% | 1.71x | $555.35 Million |
About Algoltek Inc
Algoltek, Inc. engages in the design and sales of integrated circuits 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 prov… Read more