Acme Electronics (8121) - Net Assets
Based on the latest financial reports, Acme Electronics (8121) has net assets worth NT$2.68 Billion TWD (≈ $84.47 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.67 Billion ≈ $178.48 Million USD) and total liabilities (NT$2.98 Billion ≈ $94.00 Million USD). 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. Check 8121 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.68 Billion |
| % of Total Assets | 47.33% |
| Annual Growth Rate | 4.25% |
| 5-Year Change | 38.56% |
| 10-Year Change | N/A |
| Growth Volatility | 8.55 |
Acme Electronics - Net Assets Trend (2017–2025)
This chart illustrates how Acme Electronics's net assets have evolved over time, based on quarterly financial data. See Acme Electronics liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Acme Electronics (2017–2025)
The table below shows the annual net assets of Acme Electronics from 2017 to 2025. For live valuation and market cap data, see 8121 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.68 Billion ≈ $84.47 Million |
-2.38% |
| 2024-12-31 | NT$2.75 Billion ≈ $86.54 Million |
+18.16% |
| 2023-12-31 | NT$2.32 Billion ≈ $73.24 Million |
+16.93% |
| 2022-12-31 | NT$1.99 Billion ≈ $62.64 Million |
+2.74% |
| 2021-12-31 | NT$1.94 Billion ≈ $60.97 Million |
+2.66% |
| 2020-12-31 | NT$1.89 Billion ≈ $59.39 Million |
+2.69% |
| 2019-12-31 | NT$1.84 Billion ≈ $57.83 Million |
-9.14% |
| 2018-12-31 | NT$2.02 Billion ≈ $63.65 Million |
+5.14% |
| 2017-12-31 | NT$1.92 Billion ≈ $60.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Acme Electronics'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 27838500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$2.05 Billion | 104.42% |
| Total Equity | NT$1.96 Billion | 100.00% |
Acme Electronics Competitors by Market Cap
The table below lists competitors of Acme Electronics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BTS Group AB (publ)
ST:BTS-B
|
$333.25 Million |
|
Mirbud SA
WAR:MRB
|
$333.29 Million |
|
ZKH Group Limited
NYSE:ZKH
|
$333.31 Million |
|
Kamada
TA:KMDA
|
$333.56 Million |
|
Jash Engineering Limited
NSE:JASH
|
$332.99 Million |
|
China Bicycle Co Holdings Ltd
SHE:000017
|
$332.85 Million |
|
Morguard Real Estate Investment Trust
TO:MRT-UN
|
$332.82 Million |
|
63 moons technologies limited
NSE:63MOONS
|
$332.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Acme Electronics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,020,583,000 to 1,963,676,000, a change of -56,907,000 (-2.8%).
- Net loss of 66,382,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-66.38 Million | -3.38% |
| Other Changes | NT$9.47 Million | +0.48% |
| Total Change | NT$- | -2.82% |
Book Value vs Market Value Analysis
This analysis compares Acme Electronics'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: 5.39x
- 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 6.65x to 5.39x 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$7.47 | NT$49.65 | x |
| 2018-12-31 | NT$7.65 | NT$49.65 | x |
| 2019-12-31 | NT$6.48 | NT$49.65 | x |
| 2020-12-31 | NT$6.70 | NT$49.65 | x |
| 2021-12-31 | NT$6.90 | NT$49.65 | x |
| 2022-12-31 | NT$7.53 | NT$49.65 | x |
| 2023-12-31 | NT$8.36 | NT$49.65 | x |
| 2024-12-31 | NT$9.49 | NT$49.65 | x |
| 2025-12-31 | NT$9.22 | NT$49.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Acme Electronics utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.16%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.88x
- Recent ROE (-3.38%) is below the historical average (-1.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -7.59% | -4.36% | 0.64x | 2.72x | NT$-239.76 Million |
| 2018 | 4.03% | 2.36% | 0.65x | 2.63x | NT$-83.37 Million |
| 2019 | -8.27% | -4.86% | 0.60x | 2.82x | NT$-228.86 Million |
| 2020 | 2.57% | 1.54% | 0.61x | 2.75x | NT$-96.34 Million |
| 2021 | 4.44% | 1.93% | 0.71x | 3.25x | NT$-74.18 Million |
| 2022 | 1.19% | 0.53% | 0.64x | 3.47x | NT$-121.42 Million |
| 2023 | -9.68% | -6.71% | 0.56x | 2.59x | NT$-348.17 Million |
| 2024 | 7.69% | 5.02% | 0.55x | 2.78x | NT$-46.76 Million |
| 2025 | -3.38% | -2.16% | 0.54x | 2.88x | NT$-262.75 Million |
Industry Comparison
This section compares Acme Electronics's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $159,345,053,500
- Average return on equity (ROE) among peers: 6.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Acme Electronics (8121) | NT$2.68 Billion | -7.59% | 1.11x | $333.17 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $415.89 Million |
| Fulltech Fiber Glass (1815) | $6.62 Billion | -7.24% | 1.18x | $1.56 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $176.36 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.58 Billion | 6.24% | 1.23x | $9.91 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $1.07 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $119.65 Billion |
| Yageo Corp (2327) | $31.33 Billion | 21.85% | 1.22x | $64.25 Billion |
| Pan-International Industrial Corp (2328) | $11.32 Billion | 2.51% | 0.66x | $859.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.89 Billion | 10.93% | 0.75x | $726.35 Million |
| Solomon Technology Corp (2359) | $3.80 Billion | 0.00% | 1.33x | $712.68 Million |
About Acme Electronics
Acme Electronics Corporation produces and sells soft ferrite products in Taiwan, Asia, the Americas, Europe, and internationally. The company provides manganese-zinc and nickel-zinc soft ferrite cores which are used in filters, choke coils, electronic ballasts, power supplies, various transformers, chargers, cloud servers, desktop computers, notebook computers, LCD monitors, and LED TV, as well a… Read more