Afastor Corporation
Afastor Corporation operates as a distributor of data storage products in Taiwan. It distributes notebook computers, liquid crystal displays, computer peripherals, network communication peripherals, servers, home appliances, digital signage, network attached storage, and security surveillance. The company was founded in 2004 and is based in Taipei, Taiwan.
Afastor Corporation (6707) - Net Assets
Latest net assets as of June 2025: NT$890.73 Million TWD
Based on the latest financial reports, Afastor Corporation (6707) has net assets worth NT$890.73 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$4.84 Billion) and total liabilities (NT$3.95 Billion). 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$890.73 Million |
| % of Total Assets | 18.4% |
| Annual Growth Rate | 16.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.11 |
Afastor Corporation - Net Assets Trend (2020–2024)
This chart illustrates how Afastor Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Afastor Corporation (2020–2024)
The table below shows the annual net assets of Afastor Corporation from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$897.45 Million | +5.16% |
| 2023-12-31 | NT$853.44 Million | +3.23% |
| 2022-12-31 | NT$826.74 Million | +9.42% |
| 2021-12-31 | NT$755.58 Million | +54.41% |
| 2020-12-31 | NT$489.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Afastor Corporation'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 120.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$224.71 Million | 25.04% |
| Common Stock | NT$551.43 Million | 61.44% |
| Other Components | NT$121.31 Million | 13.52% |
| Total Equity | NT$897.45 Million | 100.00% |
Afastor Corporation Competitors by Market Cap
The table below lists competitors of Afastor Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Likewise Group PLC
LSE:LIKE
|
$7.43K |
|
Advanced Proteome Therapeutics Corporation
PINK:APTCF
|
$7.43K |
|
ACL Cables PLC
CM:ACLN0000
|
$7.44K |
|
Northern Star Investment Corp III
PINK:NSTC
|
$7.44K |
|
SKYWORTH DIGITAL
MU:KYW
|
$7.42K |
|
Dyna Group International Inc
PINK:DGIX
|
$7.42K |
|
Sindh Abadgar’s Sugar Mills Ltd
KAR:SASML
|
$7.41K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
$7.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Afastor Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 853,442,000 to 897,452,000, a change of 44,010,000 (5.2%).
- Net income of 39,082,000 contributed positively to equity growth.
- Dividend payments of 10,828,000 reduced retained earnings.
- Other factors increased equity by 15,756,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$39.08 Million | +4.35% |
| Dividends Paid | NT$10.83 Million | -1.21% |
| Other Changes | NT$15.76 Million | +1.76% |
| Total Change | NT$- | 5.16% |
Book Value vs Market Value Analysis
This analysis compares Afastor Corporation'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: 1.77x
- 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 2.39x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$11.26 | NT$26.95 | x |
| 2021-12-31 | NT$16.01 | NT$26.95 | x |
| 2022-12-31 | NT$13.99 | NT$26.95 | x |
| 2023-12-31 | NT$14.45 | NT$26.95 | x |
| 2024-12-31 | NT$15.24 | NT$26.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Afastor Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.40%
- • Asset Turnover: 2.02x
- • Equity Multiplier: 5.44x
- Recent ROE (4.35%) is below the historical average (7.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.86% | 0.54% | 2.07x | 6.17x | NT$-15.37 Million |
| 2021 | 11.62% | 0.93% | 2.15x | 5.82x | NT$12.28 Million |
| 2022 | 6.48% | 0.74% | 1.55x | 5.66x | NT$-29.10 Million |
| 2023 | 7.12% | 0.59% | 2.12x | 5.70x | NT$-24.61 Million |
| 2024 | 4.35% | 0.40% | 2.02x | 5.44x | NT$-50.66 Million |
Industry Comparison
This section compares Afastor Corporation's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $7,584,952,000
- Average return on equity (ROE) among peers: 13.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Afastor Corporation (6707) | NT$890.73 Million | 6.86% | 4.44x | $7.43K |
| Tsann Kuen Enterprise Co Ltd (2430) | $4.72 Billion | 4.73% | 0.96x | $32.65 Million |
| Shan-Loong Transportation Co Ltd (2616) | $2.88 Billion | 7.37% | 0.95x | $46.17 Million |
| Gseven Co Ltd (2937) | $415.06 Million | 9.40% | 1.38x | $17.88 Million |
| Zhen Yu Hardware Co., Ltd. (2947) | $735.63 Million | 6.08% | 3.07x | $21.12 Million |
| Taiwan Mobile Co Ltd (3045) | $50.81 Billion | 28.92% | 0.82x | $4.88 Billion |
| Scan-D (6195) | $1.37 Billion | 19.67% | 1.19x | $19.23 Million |
| E-Life Mall Corp (6281) | $1.39 Billion | 22.75% | 1.28x | $111.02 Million |
| Bon Fame Co Ltd (8433) | $1.34 Billion | 16.02% | 1.00x | $39.80 Million |
| North-Star International Co Ltd (8927) | $4.60 Billion | 2.86% | 2.63x | $152.61 Million |