M-POWER INFORMATION Co., LTD.
M-Power Information Co., Ltd. offers information software solutions in Taiwan and internationally. It provides GCRS Group Consolidated Statement System, a direct report generation system without preliminary interviews; CarbonKeeper, provides tools for carbon inventory and reduction simulations to meet government requirements; and EZSO and EZPI, tool for audit reports and detailed working papers. … Read more
M-POWER INFORMATION Co., LTD. (6874) - Net Assets
Latest net assets as of September 2025: NT$466.89 Million TWD
Based on the latest financial reports, M-POWER INFORMATION Co., LTD. (6874) has net assets worth NT$466.89 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$1.24 Billion) and total liabilities (NT$770.34 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$466.89 Million |
| % of Total Assets | 37.74% |
| Annual Growth Rate | 24.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 34.4 |
M-POWER INFORMATION Co., LTD. - Net Assets Trend (2021–2024)
This chart illustrates how M-POWER INFORMATION 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 M-POWER INFORMATION Co., LTD. (2021–2024)
The table below shows the annual net assets of M-POWER INFORMATION Co., LTD. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$522.28 Million | +7.38% |
| 2023-12-31 | NT$486.38 Million | +1.19% |
| 2022-12-31 | NT$480.65 Million | +77.07% |
| 2021-12-31 | NT$271.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to M-POWER INFORMATION 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 27.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$103.38 Million | 19.79% |
| Other Components | NT$418.90 Million | 80.21% |
| Total Equity | NT$522.28 Million | 100.00% |
M-POWER INFORMATION Co., LTD. Competitors by Market Cap
The table below lists competitors of M-POWER INFORMATION Co., LTD. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Moller Y Perez
SN:MOLLER
|
$33.20 Million |
|
Myungmoon Phar
KO:017180
|
$33.20 Million |
|
Shree Pushkar Chemicals & Fertilisers Limited
NSE:SHREEPUSHK
|
$33.20 Million |
|
TRADEDOUBLER AB SK -40
F:T1D
|
$33.21 Million |
|
Sunfon Construction Co Ltd
TWO:5514
|
$33.19 Million |
|
Dong-A Hwa Sung Co.Ltd
KQ:041930
|
$33.19 Million |
|
Abnova Taiwan Corp
TW:4133
|
$33.18 Million |
|
MEGA International Development Co Ltd
TWO:5529
|
$33.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M-POWER INFORMATION Co., LTD.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 486,383,000 to 522,278,000, a change of 35,895,000 (7.4%).
- Net income of 98,157,000 contributed positively to equity growth.
- Dividend payments of 83,600,000 reduced retained earnings.
- Other factors increased equity by 21,338,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$98.16 Million | +18.79% |
| Dividends Paid | NT$83.60 Million | -16.01% |
| Other Changes | NT$21.34 Million | +4.09% |
| Total Change | NT$- | 7.38% |
Book Value vs Market Value Analysis
This analysis compares M-POWER INFORMATION 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: 3.50x
- 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 5.76x to 3.50x 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$14.40 | NT$83.00 | x |
| 2022-12-31 | NT$21.85 | NT$83.00 | x |
| 2023-12-31 | NT$22.11 | NT$83.00 | x |
| 2024-12-31 | NT$23.74 | NT$83.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M-POWER INFORMATION 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): 18.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.54%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 2.57x
- Recent ROE (18.79%) is below the historical average (21.33%), 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 | 29.10% | 6.78% | 2.08x | 2.07x | NT$51.85 Million |
| 2022 | 19.05% | 6.20% | 1.23x | 2.49x | NT$43.49 Million |
| 2023 | 18.39% | 5.59% | 1.26x | 2.61x | NT$40.79 Million |
| 2024 | 18.79% | 5.54% | 1.32x | 2.57x | NT$45.93 Million |
Industry Comparison
This section compares M-POWER INFORMATION Co., LTD.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $927,680,300
- Average return on equity (ROE) among peers: -5.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M-POWER INFORMATION Co., LTD. (6874) | NT$466.89 Million | 29.10% | 1.65x | $33.19 Million |
| Otsuka Information Technology Corp. (3570) | $579.52 Million | 12.81% | 0.32x | $38.41 Million |
| Papago Inc. (3632) | $218.97 Million | -93.30% | 2.17x | $10.89 Million |
| K Way Information (5201) | $394.19 Million | 12.17% | 0.35x | $27.70 Million |
| Cyberlink Co (5203) | $2.71 Billion | -20.79% | 0.46x | $99.87 Million |
| Taiwan Green Environment Technology Inc. (5205) | $72.57 Million | 13.76% | 0.38x | $3.05 Million |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $755.05 Million | 0.67% | 0.36x | $39.90 Million |
| Penpower Technology Ltd (5211) | $411.83 Million | -35.47% | 0.15x | $13.45 Million |
| Dimerco Data System (5403) | $2.43 Billion | 25.00% | 0.83x | $213.17 Million |
| Insyde Software (6231) | $669.28 Million | 9.91% | 0.40x | $219.19 Million |
| Interactive Digital Technologies (6486) | $1.04 Billion | 15.45% | 0.92x | $76.03 Million |