MARTAS Precision Slide Co.,Ltd
MARTAS Precision Slide Co.,Ltd manufactures ball bearing slides for various applications in Asia. Its products are used in server rails, cabinets, and cloud computing devices; tool cabinets, fire cabinets, ATM machines, vending machines, POS machines, and upright open showcases; and office furniture, computer desks, copy machines, and fax machines, as well as in kitchen cabinets, dish washers, ov… Read more
MARTAS Precision Slide Co.,Ltd (6705) - Net Assets
Latest net assets as of June 2025: NT$301.71 Million TWD
Based on the latest financial reports, MARTAS Precision Slide Co.,Ltd (6705) has net assets worth NT$301.71 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$540.33 Million) and total liabilities (NT$238.62 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$301.71 Million |
| % of Total Assets | 55.84% |
| Annual Growth Rate | 3.41% |
| 5-Year Change | 25.99% |
| 10-Year Change | N/A |
| Growth Volatility | 7.74 |
MARTAS Precision Slide Co.,Ltd - Net Assets Trend (2016–2024)
This chart illustrates how MARTAS Precision Slide 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 MARTAS Precision Slide Co.,Ltd (2016–2024)
The table below shows the annual net assets of MARTAS Precision Slide Co.,Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$326.26 Million | +16.48% |
| 2023-12-31 | NT$280.10 Million | -7.55% |
| 2022-12-31 | NT$302.97 Million | +13.78% |
| 2021-12-31 | NT$266.29 Million | +2.83% |
| 2020-12-31 | NT$258.95 Million | -3.89% |
| 2019-12-31 | NT$269.44 Million | -0.43% |
| 2018-12-31 | NT$270.60 Million | +6.60% |
| 2017-12-31 | NT$253.83 Million | +1.76% |
| 2016-12-31 | NT$249.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MARTAS Precision Slide 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 grown by 253.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$67.78 Million | 20.78% |
| Common Stock | NT$180.05 Million | 55.18% |
| Other Components | NT$78.43 Million | 24.04% |
| Total Equity | NT$326.26 Million | 100.00% |
MARTAS Precision Slide Co.,Ltd Competitors by Market Cap
The table below lists competitors of MARTAS Precision Slide Co.,Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Toivo Group Oyj
HE:TOIVO
|
$11.84 Million |
|
Gazit Globe Ltd
TA:GZT
|
$11.85 Million |
|
EUDA Health Holdings Limited
NASDAQ:EUDA
|
$11.85 Million |
|
BIGG Digital Assets Inc
F:7111
|
$11.85 Million |
|
4DS Memory Ltd
AU:4DS
|
$11.83 Million |
|
Integra Essentia Limited
NSE:ESSENTIA
|
$11.82 Million |
|
Atlantis Yatirim Holding AS
IS:ATSYH
|
$11.82 Million |
|
Captivision Inc.
NASDAQ:CAPT
|
$11.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MARTAS Precision Slide Co.,Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 280,095,000 to 326,261,000, a change of 46,166,000 (16.5%).
- Net income of 53,650,000 contributed positively to equity growth.
- Dividend payments of 7,501,000 reduced retained earnings.
- Other comprehensive income decreased equity by 31,865,000.
- Other factors increased equity by 31,882,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$53.65 Million | +16.44% |
| Dividends Paid | NT$7.50 Million | -2.3% |
| Other Comprehensive Income | NT$-31.86 Million | -9.77% |
| Other Changes | NT$31.88 Million | +9.77% |
| Total Change | NT$- | 16.48% |
Book Value vs Market Value Analysis
This analysis compares MARTAS Precision Slide 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: 3.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.09x to 3.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$14.63 | NT$59.90 | x |
| 2017-12-31 | NT$14.89 | NT$59.90 | x |
| 2018-12-31 | NT$15.84 | NT$59.90 | x |
| 2019-12-31 | NT$15.78 | NT$59.90 | x |
| 2020-12-31 | NT$15.20 | NT$59.90 | x |
| 2021-12-31 | NT$15.63 | NT$59.90 | x |
| 2022-12-31 | NT$17.77 | NT$59.90 | x |
| 2023-12-31 | NT$16.09 | NT$59.90 | x |
| 2024-12-31 | NT$18.11 | NT$59.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MARTAS Precision Slide Co.,Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.05%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.62x
- Recent ROE (16.44%) is above the historical average (8.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.68% | 6.18% | 0.78x | 1.58x | NT$-5.79 Million |
| 2017 | 8.43% | 6.47% | 0.80x | 1.62x | NT$-3.99 Million |
| 2018 | 13.36% | 9.18% | 0.89x | 1.64x | NT$9.08 Million |
| 2019 | 5.90% | 4.32% | 0.67x | 2.03x | NT$-11.05 Million |
| 2020 | 1.79% | 1.68% | 0.54x | 1.97x | NT$-21.26 Million |
| 2021 | 9.10% | 5.74% | 0.68x | 2.32x | NT$-2.39 Million |
| 2022 | 12.11% | 9.31% | 0.71x | 1.83x | NT$6.38 Million |
| 2023 | 0.75% | 0.71% | 0.53x | 2.00x | NT$-25.92 Million |
| 2024 | 16.44% | 14.05% | 0.72x | 1.62x | NT$21.02 Million |
Industry Comparison
This section compares MARTAS Precision Slide Co.,Ltd's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $3,425,314,700
- Average return on equity (ROE) among peers: 7.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MARTAS Precision Slide Co.,Ltd (6705) | NT$301.71 Million | 7.68% | 0.79x | $11.84 Million |
| Basso Industry Corp (1527) | $4.69 Billion | 15.81% | 0.15x | $112.50 Million |
| Jenn Feng New Energy Co Ltd (1538) | $314.60 Million | -31.60% | 2.89x | $5.14 Million |
| Chang Type Industrial Co Ltd (1541) | $876.37 Million | -2.60% | 1.04x | $24.94 Million |
| Kinik Co (1560) | $6.09 Billion | 20.48% | 0.57x | $1.40 Billion |
| De Poan Pneumatic (1570) | $693.89 Million | 11.00% | 0.29x | $31.32 Million |
| Inmax Holding Co Ltd (1591) | $393.55 Million | 2.06% | 0.58x | $42.14 Million |
| Tycoons Group Enterprise Co Ltd (2022) | $7.12 Billion | 4.66% | 0.86x | $64.34 Million |
| Hiwin Technologies Corp (2049) | $11.80 Billion | 17.14% | 1.34x | $1.96 Billion |
| Sheh Kai Precision Co Ltd (2063) | $566.73 Million | 22.21% | 0.62x | $22.55 Million |
| Sheh Fung Screws Co Ltd (2065) | $1.71 Billion | 16.18% | 0.72x | $39.62 Million |