Taiwan Auto-Design Co.
Taiwan Auto-Design Co. provides system solution services in Taiwan. It offers Ansys software for structure and fluid simulation, electronic and motor design, 3D design, material management, system design, optimization platform, and optics and virtual reality simulation; and cloud business system solution. The company also provides professional application simulation software for mechanism and sys… Read more
Taiwan Auto-Design Co. (6791) - Net Assets
Latest net assets as of September 2025: NT$509.73 Million TWD
Based on the latest financial reports, Taiwan Auto-Design Co. (6791) has net assets worth NT$509.73 Million 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$783.99 Million) and total liabilities (NT$274.25 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$509.73 Million |
| % of Total Assets | 65.02% |
| Annual Growth Rate | 14.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.58 |
Taiwan Auto-Design Co. - Net Assets Trend (2021–2024)
This chart illustrates how Taiwan Auto-Design Co.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taiwan Auto-Design Co. (2021–2024)
The table below shows the annual net assets of Taiwan Auto-Design Co. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$475.82 Million | +3.50% |
| 2023-12-31 | NT$459.72 Million | +3.20% |
| 2022-12-31 | NT$445.48 Million | +40.63% |
| 2021-12-31 | NT$316.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Auto-Design Co.'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 25.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$88.42 Million | 18.58% |
| Other Components | NT$387.40 Million | 81.42% |
| Total Equity | NT$475.82 Million | 100.00% |
Taiwan Auto-Design Co. Competitors by Market Cap
The table below lists competitors of Taiwan Auto-Design Co. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Manba Finance Ltd
NSE:MANBA
|
$17.27 Million |
|
Allarity Therapeutics Inc
NASDAQ:ALLR
|
$17.28 Million |
|
FKS Food Sejahtera Tbk PT
JK:AISA
|
$17.28 Million |
|
Pasupati Acrylon Limited
NSE:PASUPTAC
|
$17.28 Million |
|
Selva Gida Sanayi AS
IS:SELVA
|
$17.27 Million |
|
Viceroy Hotels Limited
NSE:VHLTD
|
$17.27 Million |
|
BEIJ.GAS BLUESKY HKD-055
F:KO32
|
$17.26 Million |
|
Brookside Energy Ltd
PINK:RDFEF
|
$17.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Auto-Design Co.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 459,724,000 to 475,816,000, a change of 16,092,000 (3.5%).
- Net income of 86,824,000 contributed positively to equity growth.
- Dividend payments of 72,327,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$86.82 Million | +18.25% |
| Dividends Paid | NT$72.33 Million | -15.2% |
| Other Changes | NT$1.59 Million | +0.34% |
| Total Change | NT$- | 3.50% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Auto-Design Co.'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: 4.47x
- 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 5.92x to 4.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$17.23 | NT$102.00 | x |
| 2022-12-31 | NT$21.37 | NT$102.00 | x |
| 2023-12-31 | NT$22.05 | NT$102.00 | x |
| 2024-12-31 | NT$22.82 | NT$102.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Auto-Design Co. 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): 18.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.85%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.78x
- Recent ROE (18.25%) is below the historical average (18.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 22.37% | 15.02% | 0.80x | 1.86x | NT$39.17 Million |
| 2022 | 16.26% | 13.53% | 0.74x | 1.62x | NT$27.91 Million |
| 2023 | 17.53% | 13.38% | 0.81x | 1.62x | NT$34.63 Million |
| 2024 | 18.25% | 12.85% | 0.80x | 1.78x | NT$39.24 Million |
Industry Comparison
This section compares Taiwan Auto-Design Co.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $1,759,198,900
- Average return on equity (ROE) among peers: 8.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Auto-Design Co. (6791) | NT$509.73 Million | 22.37% | 0.54x | $17.27 Million |
| BaaS Innovation Co., Ltd. (3555) | $560.32 Million | 7.90% | 0.16x | $59.75 Million |
| Hyweb Technology Co Ltd (5212) | $408.46 Million | 7.99% | 0.70x | $33.00 Million |
| EASYCARD Corporation (6035) | $981.05 Million | 6.15% | 12.22x | $19.91 Million |
| Egis Technology (6462) | $2.26 Billion | 26.20% | 0.60x | $245.37 Million |
| ThroughTek Co., Ltd. (6565) | $129.44 Million | -25.10% | 0.66x | $8.73 Million |
| eCloudvalley Digital Technology Co. Ltd. (6689) | $3.21 Billion | 4.79% | 0.97x | $96.30 Million |
| Acer Cyber Security Inc. (6690) | $3.14 Billion | 9.77% | 0.54x | $69.96 Million |
| 91App Inc (6741) | $3.25 Billion | 15.30% | 0.54x | $121.17 Million |
| Galaxy Software Services Corporation (6752) | $820.46 Million | 16.20% | 1.28x | $86.18 Million |
| Green World Fintech Service Co. Ltd. (6763) | $2.82 Billion | 14.06% | 1.38x | $114.92 Million |