Abico FS Co Ltd
ABICO NetCom Co.,Ltd. manufactures and trades in machinery parts in Taiwan, China, Asia, the Americas, Europe, and internationally. The company is also involved in the manufacturing and trading of metal stamping dies and plastic injection molds; sale of electronic materials, and components and passive materials; film and music agency sale; trade of sporting goods; and manufacture and sale of cont… Read more
Abico FS Co Ltd (8071) - Net Assets
Latest net assets as of September 2025: NT$1.02 Billion TWD
Based on the latest financial reports, Abico FS Co Ltd (8071) has net assets worth NT$1.02 Billion 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$2.53 Billion) and total liabilities (NT$1.51 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$1.02 Billion |
| % of Total Assets | 40.3% |
| Annual Growth Rate | -2.27% |
| 5-Year Change | 17.09% |
| 10-Year Change | N/A |
| Growth Volatility | 16.9 |
Abico FS Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Abico FS 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 Abico FS Co Ltd (2017–2024)
The table below shows the annual net assets of Abico FS Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$966.32 Million | -1.96% |
| 2023-12-31 | NT$985.64 Million | -10.53% |
| 2022-12-31 | NT$1.10 Billion | +1.75% |
| 2021-12-31 | NT$1.08 Billion | +31.19% |
| 2020-12-31 | NT$825.27 Million | -30.09% |
| 2019-12-31 | NT$1.18 Billion | +2.46% |
| 2018-12-31 | NT$1.15 Billion | +1.52% |
| 2017-12-31 | NT$1.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Abico FS 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 232.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$765.01 Million | 114.45% |
| Total Equity | NT$668.44 Million | 100.00% |
Abico FS Co Ltd Competitors by Market Cap
The table below lists competitors of Abico FS Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shine Justice Ltd
AU:SHJ
|
$21.47 Million |
|
ATLAS
BK:ATLAS
|
$21.48 Million |
|
RDE, Inc. Common Stock
NASDAQ:RSTN
|
$21.48 Million |
|
Neo-Neon Holdings Limited
TW:911868
|
$21.49 Million |
|
SIMEC Atlantis Energy Limited
PINK:SMAYF
|
$21.46 Million |
|
Rapala VMC Oyj
HE:RAP1V
|
$21.46 Million |
|
Stream Media Corporation
PINK:STEAF
|
$21.46 Million |
|
CALGRO M3 HLDGS RC-00001
F:5C2
|
$21.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Abico FS Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 679,003,000 to 668,439,000, a change of -10,564,000 (-1.6%).
- Net loss of 45,954,000 reduced equity.
- Dividend payments of 22,884,000 reduced retained earnings.
- Other factors increased equity by 58,274,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-45.95 Million | -6.87% |
| Dividends Paid | NT$22.88 Million | -3.42% |
| Other Changes | NT$58.27 Million | +8.72% |
| Total Change | NT$- | -1.56% |
Book Value vs Market Value Analysis
This analysis compares Abico FS 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: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.18x to 1.34x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$14.40 | NT$17.00 | x |
| 2018-12-31 | NT$14.78 | NT$17.00 | x |
| 2019-12-31 | NT$14.88 | NT$17.00 | x |
| 2020-12-31 | NT$13.70 | NT$17.00 | x |
| 2021-12-31 | NT$15.59 | NT$17.00 | x |
| 2022-12-31 | NT$15.10 | NT$17.00 | x |
| 2023-12-31 | NT$13.09 | NT$17.00 | x |
| 2024-12-31 | NT$12.64 | NT$17.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Abico FS Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.26%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 3.78x
- Recent ROE (-6.87%) is below the historical average (2.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.47% | 1.11% | 1.35x | 4.31x | NT$-26.34 Million |
| 2018 | 7.46% | 1.09% | 1.42x | 4.84x | NT$-19.46 Million |
| 2019 | 9.08% | 1.44% | 1.29x | 4.87x | NT$-7.08 Million |
| 2020 | 2.05% | 0.69% | 0.90x | 3.31x | NT$-56.51 Million |
| 2021 | 7.12% | 2.24% | 1.01x | 3.14x | NT$-23.25 Million |
| 2022 | 4.43% | 1.36% | 1.00x | 3.26x | NT$-43.63 Million |
| 2023 | -6.28% | -2.01% | 0.94x | 3.33x | NT$-110.54 Million |
| 2024 | -6.87% | -2.26% | 0.80x | 3.78x | NT$-112.80 Million |
Industry Comparison
This section compares Abico FS Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $32,375,180,700
- Average return on equity (ROE) among peers: 3.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Abico FS Co Ltd (8071) | NT$1.02 Billion | 6.47% | 1.48x | $21.47 Million |
| Solytech Enterprise Corp (1471) | $2.62 Billion | 7.34% | 0.84x | $49.10 Million |
| Microtek International Inc (2305) | $2.12 Billion | 12.16% | 0.47x | $18.87 Million |
| Kinpo Electronics Inc (2312) | $17.40 Billion | 0.68% | 1.29x | $911.45 Million |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $317.20 Million |
| Compal Electronics Inc (2324) | $77.40 Billion | 11.31% | 1.58x | $3.96 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.98 Billion | -7.89% | 0.95x | $208.43 Million |
| Ritek Corp (2349) | $14.57 Billion | -16.68% | 0.61x | $265.27 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $855.19 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |
| Clevo Co (2362) | $7.56 Billion | 10.38% | 3.55x | $333.54 Million |