Solid Year Co., Ltd.
Solid Year Co., Ltd. manufactures and sells computer peripheral equipment and other electronic equipment. The company also engages in production of various single-shot and double-shot plastic injection finished products. Its products include computer keyboards, network cameras, network camera modules, driving recorders, hunting machines, projectors, game controllers, automotive electronics, in- c… Read more
Solid Year Co., Ltd. (6737) - Net Assets
Latest net assets as of June 2025: NT$1.64 Billion TWD
Based on the latest financial reports, Solid Year Co., Ltd. (6737) has net assets worth NT$1.64 Billion 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$2.83 Billion) and total liabilities (NT$1.19 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$1.64 Billion |
| % of Total Assets | 57.98% |
| Annual Growth Rate | 14.63% |
| 5-Year Change | 44.53% |
| 10-Year Change | N/A |
| Growth Volatility | 11.81 |
Solid Year Co., Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Solid Year 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 Solid Year Co., Ltd. (2016–2024)
The table below shows the annual net assets of Solid Year Co., Ltd. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.78 Billion | +19.62% |
| 2023-12-31 | NT$1.48 Billion | +5.35% |
| 2022-12-31 | NT$1.41 Billion | +8.84% |
| 2021-12-31 | NT$1.29 Billion | +5.37% |
| 2020-12-31 | NT$1.23 Billion | +29.66% |
| 2019-12-31 | NT$947.82 Million | +27.15% |
| 2018-12-31 | NT$745.42 Million | -2.84% |
| 2017-12-31 | NT$767.21 Million | +28.79% |
| 2016-12-31 | NT$595.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solid Year 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 442.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$854.39 Million | 47.83% |
| Common Stock | NT$600.50 Million | 33.61% |
| Other Components | NT$331.58 Million | 18.56% |
| Total Equity | NT$1.79 Billion | 100.00% |
Solid Year Co., Ltd. Competitors by Market Cap
The table below lists competitors of Solid Year Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HRS Co. Ltd
KQ:036640
|
$30.07 Million |
|
Bo Lak
KO:002760
|
$30.07 Million |
|
Seah Spe Steel
KO:019440
|
$30.07 Million |
|
Samsung Climat
KO:006660
|
$30.08 Million |
|
Plus Therapeutics Inc
NASDAQ:PSTV
|
$30.05 Million |
|
Fermentalg S.A.
LSE:0QTJ
|
$30.05 Million |
|
SMG European Recovery SPAC SE
XETRA:RCVR
|
$30.04 Million |
|
ad pepper media International N.V
XETRA:APM
|
$30.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solid Year Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,473,202,000 to 1,786,480,000, a change of 313,278,000 (21.3%).
- Net income of 442,111,000 contributed positively to equity growth.
- Dividend payments of 126,106,000 reduced retained earnings.
- Other comprehensive income increased equity by 45,558,000.
- Other factors decreased equity by 48,285,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$442.11 Million | +24.75% |
| Dividends Paid | NT$126.11 Million | -7.06% |
| Other Comprehensive Income | NT$45.56 Million | +2.55% |
| Other Changes | NT$-48.28 Million | -2.7% |
| Total Change | NT$- | 21.27% |
Book Value vs Market Value Analysis
This analysis compares Solid Year 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: 1.23x
- 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 2.55x to 1.23x 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$14.30 | NT$36.40 | x |
| 2017-12-31 | NT$14.14 | NT$36.40 | x |
| 2018-12-31 | NT$12.38 | NT$36.40 | x |
| 2019-12-31 | NT$15.70 | NT$36.40 | x |
| 2020-12-31 | NT$20.44 | NT$36.40 | x |
| 2021-12-31 | NT$21.07 | NT$36.40 | x |
| 2022-12-31 | NT$22.92 | NT$36.40 | x |
| 2023-12-31 | NT$24.39 | NT$36.40 | x |
| 2024-12-31 | NT$29.60 | NT$36.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solid Year 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): 24.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.38%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 2.04x
- Recent ROE (24.75%) is above the historical average (20.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 18.29% | 3.37% | 1.68x | 3.23x | NT$49.40 Million |
| 2017 | 11.07% | 4.18% | 1.06x | 2.49x | NT$8.24 Million |
| 2018 | 3.45% | 0.91% | 1.38x | 2.75x | NT$-48.84 Million |
| 2019 | 24.43% | 6.71% | 1.50x | 2.43x | NT$136.80 Million |
| 2020 | 39.66% | 8.25% | 1.39x | 3.47x | NT$364.51 Million |
| 2021 | 24.33% | 5.82% | 1.53x | 2.73x | NT$181.68 Million |
| 2022 | 19.95% | 6.32% | 1.28x | 2.46x | NT$137.76 Million |
| 2023 | 14.98% | 6.64% | 1.00x | 2.25x | NT$73.34 Million |
| 2024 | 24.75% | 9.38% | 1.29x | 2.04x | NT$263.46 Million |
Industry Comparison
This section compares Solid Year Co., Ltd.'s net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $32,375,180,700
- Average return on equity (ROE) among peers: 3.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solid Year Co., Ltd. (6737) | NT$1.64 Billion | 18.29% | 0.72x | $30.06 Million |
| Solytech Enterprise Corp (1471) | $2.62 Billion | 7.34% | 0.84x | $49.10 Million |
| Microtek International Inc (2305) | $2.12 Billion | 12.16% | 0.47x | $18.87 Million |
| Kinpo Electronics Inc (2312) | $17.40 Billion | 0.68% | 1.29x | $911.45 Million |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $317.20 Million |
| Compal Electronics Inc (2324) | $77.40 Billion | 11.31% | 1.58x | $3.96 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.98 Billion | -7.89% | 0.95x | $208.43 Million |
| Ritek Corp (2349) | $14.57 Billion | -16.68% | 0.61x | $265.27 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $855.19 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |
| Clevo Co (2362) | $7.56 Billion | 10.38% | 3.55x | $333.54 Million |