Power Master II Holdings. Co., Ltd.
Power Master Energy Co.,Ltd. manufactures and sells machinery for power generation, transmission, and distribution in Taiwan and internationally. It also offers electrical testing equipment, as well as maintenance, and energy technology services. In addition, the company provides EPC contracting services for solar power systems; and power plant investment, operation and management, energy storage… Read more
Power Master II Holdings. Co., Ltd. (6839) - Net Assets
Latest net assets as of June 2025: NT$1.97 Billion TWD
Based on the latest financial reports, Power Master II Holdings. Co., Ltd. (6839) has net assets worth NT$1.97 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$5.97 Billion) and total liabilities (NT$4.00 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$1.97 Billion |
| % of Total Assets | 32.96% |
| Annual Growth Rate | 16.39% |
| 5-Year Change | 97.69% |
| 10-Year Change | N/A |
| Growth Volatility | 23.64 |
Power Master II Holdings. Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Power Master II Holdings. 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 Power Master II Holdings. Co., Ltd. (2019–2024)
The table below shows the annual net assets of Power Master II Holdings. Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.90 Billion | -8.75% |
| 2023-12-31 | NT$2.08 Billion | +4.08% |
| 2022-12-31 | NT$2.00 Billion | +57.98% |
| 2021-12-31 | NT$1.27 Billion | +31.76% |
| 2020-12-31 | NT$961.33 Million | +8.06% |
| 2019-12-31 | NT$889.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Power Master II Holdings. 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 decreased by 150.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$820.20 Million | 49.35% |
| Other Components | NT$983.61 Million | 59.19% |
| Total Equity | NT$1.66 Billion | 100.00% |
Power Master II Holdings. Co., Ltd. Competitors by Market Cap
The table below lists competitors of Power Master II Holdings. Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allergy Therapeutics plc
PINK:AGYTF
|
$25.30 Million |
|
Thai Optical Group Public Company Limited
BK:TOG
|
$25.30 Million |
|
Truong Thanh Energy and Real Estate JSC
VN:TEG
|
$25.31 Million |
|
Rallybio Corp
NASDAQ:RLYB
|
$25.31 Million |
|
Etrend Hightech
TWO:3567
|
$25.29 Million |
|
Cipherlab Co Ltd
TWO:6160
|
$25.29 Million |
|
DEMAE-CAN CO. LTD.
F:1H7
|
$25.28 Million |
|
Jakarta Int Hotels & Dev
JK:JIHD
|
$25.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Power Master II Holdings. Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,882,779,000 to 1,661,902,000, a change of -220,877,000 (-11.7%).
- Net loss of 266,795,000 reduced equity.
- Dividend payments of 16,404,000 reduced retained earnings.
- Other comprehensive income increased equity by 19,562,000.
- Other factors increased equity by 42,760,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-266.80 Million | -16.05% |
| Dividends Paid | NT$16.40 Million | -0.99% |
| Other Comprehensive Income | NT$19.56 Million | +1.18% |
| Other Changes | NT$42.76 Million | +2.57% |
| Total Change | NT$- | -11.73% |
Book Value vs Market Value Analysis
This analysis compares Power Master II Holdings. 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: 0.64x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.85x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$15.38 | NT$13.00 | x |
| 2020-12-31 | NT$15.97 | NT$13.00 | x |
| 2021-12-31 | NT$19.17 | NT$13.00 | x |
| 2022-12-31 | NT$24.18 | NT$13.00 | x |
| 2023-12-31 | NT$22.74 | NT$13.00 | x |
| 2024-12-31 | NT$20.27 | NT$13.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Power Master II Holdings. Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -16.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.77%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.55x
- Recent ROE (-16.05%) is below the historical average (1.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 2.73% | 1.68% | 0.53x | 3.04x | NT$-64.64 Million |
| 2020 | 8.29% | 3.51% | 0.71x | 3.33x | NT$-16.36 Million |
| 2021 | 3.97% | 2.22% | 0.58x | 3.11x | NT$-76.14 Million |
| 2022 | 6.66% | 3.09% | 0.70x | 3.09x | NT$-61.03 Million |
| 2023 | 5.87% | 5.05% | 0.37x | 3.15x | NT$-77.69 Million |
| 2024 | -16.05% | -14.77% | 0.31x | 3.55x | NT$-432.99 Million |
Industry Comparison
This section compares Power Master II Holdings. Co., Ltd.'s net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $5,221,206,600
- Average return on equity (ROE) among peers: -2.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Power Master II Holdings. Co., Ltd. (6839) | NT$1.97 Billion | 2.73% | 2.03x | $25.29 Million |
| Gigastorage Corp (2406) | $6.13 Billion | 0.27% | 0.72x | $214.24 Million |
| United Renewable Energy Co Ltd (3576) | $25.81 Billion | -1.81% | 1.26x | $980.87 Million |
| Danen Technology Corp (3686) | $704.78 Million | -4.16% | 0.01x | $38.52 Million |
| Gigasolar Materials (3691) | $7.01 Billion | -5.36% | 0.77x | $148.02 Million |
| Hsinjing Holding Co Ltd (3713) | $624.50 Million | -6.66% | 3.78x | $28.99 Million |
| Hengs Technology Co., Ltd. (4582) | $1.21 Billion | 1.37% | 2.04x | $38.25 Million |
| Tainergy Tech Co Ltd (4934) | $1.69 Billion | -27.53% | 0.49x | $89.09 Million |
| Win Win Precision Technology Co., Ltd. (4949) | $775.03 Million | 9.97% | 0.88x | $19.50K |
| Motech Industries Co Ltd (6244) | $4.53 Billion | 5.20% | 1.13x | $191.85 Million |
| TSEC Corp (6443) | $3.73 Billion | 4.61% | 1.00x | $739.29 Million |