Ipevo Corporation
Ipevo Corporation engages in the design, research and development, and sale of computer peripheral hardware products. The company offers DO-CAM video collaboration cameras, V4K video teaching/collaboration cameras, HDMI/USB dual mode teaching cameras, wireless and video teaching cameras, uplift video phone holders, mirror cameras for laptops, flip learning mirrors, and teaching camera bags. It al… Read more
Ipevo Corporation (6858) - Net Assets
Latest net assets as of June 2025: NT$320.17 Million TWD
Based on the latest financial reports, Ipevo Corporation (6858) has net assets worth NT$320.17 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$642.99 Million) and total liabilities (NT$322.82 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$320.17 Million |
| % of Total Assets | 49.79% |
| Annual Growth Rate | 5.99% |
| 5-Year Change | -27.27% |
| 10-Year Change | N/A |
| Growth Volatility | 39.51 |
Ipevo Corporation - Net Assets Trend (2019–2024)
This chart illustrates how Ipevo 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 Ipevo Corporation (2019–2024)
The table below shows the annual net assets of Ipevo Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$358.69 Million | -10.61% |
| 2023-12-31 | NT$401.26 Million | -13.17% |
| 2022-12-31 | NT$462.13 Million | -24.54% |
| 2021-12-31 | NT$612.39 Million | +24.17% |
| 2020-12-31 | NT$493.19 Million | +83.94% |
| 2019-12-31 | NT$268.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ipevo 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 decreased by 135.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$272.20 Million | 75.75% |
| Other Comprehensive Income | NT$80.91 Million | 22.52% |
| Other Components | NT$26.14 Million | 7.27% |
| Total Equity | NT$359.36 Million | 100.00% |
Ipevo Corporation Competitors by Market Cap
The table below lists competitors of Ipevo Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vintage Energy Ltd
AU:VEN
|
$3.56 Million |
|
Tarapur Transformers Limited
NSE:TARAPUR
|
$3.56 Million |
|
Safello Group AB
ST:SFL
|
$3.56 Million |
|
Paras Petrofils Limited
NSE:PARASPETRO
|
$3.56 Million |
|
SOCAM DEVELOPMENT LTD HD1
F:HU8
|
$3.56 Million |
|
Perpetual Resources Ltd
AU:PEC
|
$3.56 Million |
|
Grand Canal Land Public Company Limited
BK:GLAND
|
$3.56 Million |
|
Maternus-Kliniken Aktiengesellschaft
F:MAK
|
$3.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ipevo Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 401,672,000 to 359,360,000, a change of -42,312,000 (-10.5%).
- Net loss of 50,337,000 reduced equity.
- Other comprehensive income increased equity by 78,628,000.
- Other factors decreased equity by 70,603,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-50.34 Million | -14.01% |
| Other Comprehensive Income | NT$78.63 Million | +21.88% |
| Other Changes | NT$-70.60 Million | -19.65% |
| Total Change | NT$- | -10.53% |
Book Value vs Market Value Analysis
This analysis compares Ipevo 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: 1.61x
- 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 2.12x to 1.61x 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$10.05 | NT$21.30 | x |
| 2020-12-31 | NT$17.31 | NT$21.30 | x |
| 2021-12-31 | NT$22.06 | NT$21.30 | x |
| 2022-12-31 | NT$16.98 | NT$21.30 | x |
| 2023-12-31 | NT$14.76 | NT$21.30 | x |
| 2024-12-31 | NT$13.20 | NT$21.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ipevo 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): -14.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.67%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.03x
- Recent ROE (-14.01%) is below the historical average (13.86%), 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 | 20.21% | 11.60% | 1.30x | 1.34x | NT$27.38 Million |
| 2020 | 52.11% | 21.30% | 1.28x | 1.91x | NT$207.71 Million |
| 2021 | 46.45% | 23.11% | 1.24x | 1.63x | NT$223.22 Million |
| 2022 | -5.57% | -6.18% | 0.39x | 2.30x | NT$-71.94 Million |
| 2023 | -16.05% | -11.97% | 0.61x | 2.19x | NT$-104.62 Million |
| 2024 | -14.01% | -9.67% | 0.71x | 2.03x | NT$-86.27 Million |
Industry Comparison
This section compares Ipevo Corporation's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,087,269,200
- Average return on equity (ROE) among peers: -4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ipevo Corporation (6858) | NT$320.17 Million | 20.21% | 1.01x | $3.56 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $36.51 Million |
| Tecom Co Ltd (2321) | $530.15 Million | -16.22% | 4.00x | $4.22 Million |
| D-Link Corp (2332) | $13.60 Billion | 4.76% | 0.80x | $217.00 Million |
| Accton Technology Corp (2345) | $6.43 Billion | -9.64% | 0.97x | $22.08 Billion |
| Hitron Technologies Inc (2419) | $1.72 Billion | 0.29% | 1.37x | $106.12 Million |
| Abocom Systems Inc (2444) | $1.08 Billion | 1.09% | 1.04x | $38.22 Million |
| Zinwell Corporation (2485) | $6.81 Billion | 0.46% | 0.24x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $665.75 Million | 0.00% | 0.74x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $2.57 Billion | 5.51% | 0.79x | $96.92 Million |
| CyberTAN Technology Inc (3062) | $5.01 Billion | 1.39% | 0.48x | $227.43 Million |