Opnet Technologies Co Ltd
OPNET Technologies Co., Ltd. designs, manufactures, and markets telecommunication network access and optical transport equipment in Taiwan, Turkey, and internationally. It operates through Access Network and Broadband Equipment, Transmission Equipment, and Other segments. The company offers optical fiber broadband user access network systems, synchronous and asynchronous digital transmission mult… Read more
Opnet Technologies Co Ltd (8034) - Net Assets
Latest net assets as of September 2025: NT$699.89 Million TWD
Based on the latest financial reports, Opnet Technologies Co Ltd (8034) has net assets worth NT$699.89 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$857.96 Million) and total liabilities (NT$158.07 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$699.89 Million |
| % of Total Assets | 81.58% |
| Annual Growth Rate | 4.09% |
| 5-Year Change | 6.42% |
| 10-Year Change | N/A |
| Growth Volatility | 8.14 |
Opnet Technologies Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Opnet Technologies 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 Opnet Technologies Co Ltd (2017–2024)
The table below shows the annual net assets of Opnet Technologies Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$678.66 Million | -9.80% |
| 2023-12-31 | NT$752.37 Million | +8.12% |
| 2022-12-31 | NT$695.84 Million | -3.02% |
| 2021-12-31 | NT$717.54 Million | +12.51% |
| 2020-12-31 | NT$637.74 Million | -0.11% |
| 2019-12-31 | NT$638.42 Million | +10.30% |
| 2018-12-31 | NT$578.79 Million | +12.91% |
| 2017-12-31 | NT$512.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Opnet Technologies 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 19897100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$88.27 Million | 13.01% |
| Other Components | NT$590.39 Million | 86.99% |
| Total Equity | NT$678.66 Million | 100.00% |
Opnet Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Opnet Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Otello Corporation ASA
PINK:OPESF
|
$37.69 Million |
|
Arihant Superstructures Limited
NSE:ARIHANTSUP
|
$37.69 Million |
|
Kingstate Electronics
TWO:3206
|
$37.70 Million |
|
Daebongls.Co.Ltd
KQ:078140
|
$37.71 Million |
|
Chin Hsin Environ Engineering Co., Ltd.
TW:6951
|
$37.68 Million |
|
HY Energy Group Co Ltd
SHG:600387
|
$37.68 Million |
|
Nongwoobio Co. Ltd
KQ:054050
|
$37.67 Million |
|
Tait Marketing & Distribution Co Ltd
TWO:5902
|
$37.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Opnet Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 752,371,000 to 678,658,000, a change of -73,713,000 (-9.8%).
- Net income of 60,372,000 contributed positively to equity growth.
- Dividend payments of 74,976,000 reduced retained earnings.
- Share repurchases of 62,481,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$60.37 Million | +8.9% |
| Dividends Paid | NT$74.98 Million | -11.05% |
| Share Repurchases | NT$62.48 Million | -9.21% |
| Other Changes | NT$3.37 Million | +0.5% |
| Total Change | NT$- | -9.80% |
Book Value vs Market Value Analysis
This analysis compares Opnet Technologies 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: 2.08x
- 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 3.07x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$8.20 | NT$25.15 | x |
| 2018-12-31 | NT$9.32 | NT$25.15 | x |
| 2019-12-31 | NT$10.22 | NT$25.15 | x |
| 2020-12-31 | NT$10.19 | NT$25.15 | x |
| 2021-12-31 | NT$11.39 | NT$25.15 | x |
| 2022-12-31 | NT$11.05 | NT$25.15 | x |
| 2023-12-31 | NT$11.95 | NT$25.15 | x |
| 2024-12-31 | NT$12.07 | NT$25.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Opnet Technologies 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): 8.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.22%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.17x
- Recent ROE (8.90%) is below the historical average (10.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 19.99% | 37.95% | 0.46x | 1.16x | NT$51.19 Million |
| 2018 | 11.45% | 18.48% | 0.53x | 1.16x | NT$8.37 Million |
| 2019 | 9.36% | 14.54% | 0.53x | 1.21x | NT$-4.09 Million |
| 2020 | 1.87% | 3.77% | 0.43x | 1.15x | NT$-51.85 Million |
| 2021 | 11.13% | 15.18% | 0.62x | 1.19x | NT$8.12 Million |
| 2022 | 5.87% | 8.48% | 0.55x | 1.25x | NT$-28.73 Million |
| 2023 | 12.51% | 13.93% | 0.72x | 1.25x | NT$18.86 Million |
| 2024 | 8.90% | 14.22% | 0.54x | 1.17x | NT$-7.49 Million |
Industry Comparison
This section compares Opnet Technologies Co Ltd'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 |
|---|---|---|---|---|
| Opnet Technologies Co Ltd (8034) | NT$699.89 Million | 19.99% | 0.23x | $37.68 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 |