Forward Electronics Co., Ltd.
Forward Electronics Co., Ltd. researches, develops, manufactures, and sells TV tuners and precision electronic components in Taiwan. The company offers precision components, such as switches, encoders, potentiometers, and sensors. It also provides optoelectronics, and OEM/ODM products. In addition, the company provides LED packaging and lighting applications, backlight modules, digital TV modules… Read more
Forward Electronics Co., Ltd. (8085) - Net Assets
Latest net assets as of September 2025: NT$1.45 Billion TWD
Based on the latest financial reports, Forward Electronics Co., Ltd. (8085) has net assets worth NT$1.45 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$2.92 Billion) and total liabilities (NT$1.47 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$1.45 Billion |
| % of Total Assets | 49.57% |
| Annual Growth Rate | 5.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.95 |
Forward Electronics Co., Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Forward Electronics 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 Forward Electronics Co., Ltd. (2021–2024)
The table below shows the annual net assets of Forward Electronics Co., Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.73 Billion | +3.33% |
| 2023-12-31 | NT$1.68 Billion | -0.84% |
| 2022-12-31 | NT$1.69 Billion | +13.33% |
| 2021-12-31 | NT$1.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forward Electronics 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 141.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.75 Billion | 100.99% |
| Total Equity | NT$1.73 Billion | 100.00% |
Forward Electronics Co., Ltd. Competitors by Market Cap
The table below lists competitors of Forward Electronics Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RF Acquisition Corp II Unit
NASDAQ:RFAIU
|
$57.11 Million |
|
FIT INVEST JSC
VN:FIT
|
$57.13 Million |
|
iSTART-TEK INC.
TWO:6786
|
$57.14 Million |
|
Agronomics Limited
PINK:AGNMF
|
$57.14 Million |
|
VEEMF
PINK:VEEMF
|
$57.10 Million |
|
India Nippon Electricals Limited
NSE:INDNIPPON
|
$57.08 Million |
|
Spigen Korea Co. Ltd
KQ:192440
|
$57.07 Million |
|
Peak Minerals Ltd
AU:PUA
|
$57.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forward Electronics Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,675,160,000 to 1,730,902,000, a change of 55,742,000 (3.3%).
- Net loss of 120,351,000 reduced equity.
- Other factors increased equity by 176,093,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-120.35 Million | -6.95% |
| Other Changes | NT$176.09 Million | +10.17% |
| Total Change | NT$- | 3.33% |
Book Value vs Market Value Analysis
This analysis compares Forward Electronics 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: 1.42x
- 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 1.65x to 1.42x 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$10.65 | NT$17.55 | x |
| 2022-12-31 | NT$12.07 | NT$17.55 | x |
| 2023-12-31 | NT$11.97 | NT$17.55 | x |
| 2024-12-31 | NT$12.37 | NT$17.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forward Electronics Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.18%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.87x
- Recent ROE (-6.95%) is below the historical average (-0.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 2.24% | 3.65% | 0.32x | 1.90x | NT$-115.67 Million |
| 2022 | 10.18% | 19.25% | 0.30x | 1.74x | NT$3.09 Million |
| 2023 | -8.37% | -19.41% | 0.23x | 1.87x | NT$-307.80 Million |
| 2024 | -6.95% | -20.18% | 0.18x | 1.87x | NT$-293.44 Million |
Industry Comparison
This section compares Forward Electronics Co., Ltd.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forward Electronics Co., Ltd. (8085) | NT$1.45 Billion | 2.24% | 1.02x | $57.10 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |