Allied Circuit Co Ltd (8155) - Net Assets
Based on the latest financial reports, Allied Circuit Co Ltd (8155) has net assets worth NT$3.92 Billion TWD (≈ $123.61 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$6.36 Billion ≈ $200.35 Million USD) and total liabilities (NT$2.44 Billion ≈ $76.74 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 Allied Circuit Co Ltd (8155) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.92 Billion |
| % of Total Assets | 61.7% |
| Annual Growth Rate | 12.65% |
| 5-Year Change | 65.33% |
| 10-Year Change | 136.09% |
| Growth Volatility | 15.62 |
Allied Circuit Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Allied Circuit Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Allied Circuit Co Ltd stock valuation.
Annual Net Assets for Allied Circuit Co Ltd (2009–2025)
The table below shows the annual net assets of Allied Circuit Co Ltd from 2009 to 2025. Also explore Allied Circuit Co Ltd (8155) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.23 Billion ≈ $101.80 Million |
+46.67% |
| 2024-12-31 | NT$2.20 Billion ≈ $69.41 Million |
+3.15% |
| 2023-12-31 | NT$2.14 Billion ≈ $67.29 Million |
-5.41% |
| 2022-12-31 | NT$2.26 Billion ≈ $71.13 Million |
+15.53% |
| 2021-12-31 | NT$1.95 Billion ≈ $61.57 Million |
+2.19% |
| 2020-12-31 | NT$1.91 Billion ≈ $60.26 Million |
+22.43% |
| 2019-12-31 | NT$1.56 Billion ≈ $49.22 Million |
-3.67% |
| 2018-12-31 | NT$1.62 Billion ≈ $51.10 Million |
+6.04% |
| 2017-12-31 | NT$1.53 Billion ≈ $48.19 Million |
+11.75% |
| 2016-12-31 | NT$1.37 Billion ≈ $43.12 Million |
+4.51% |
| 2015-12-31 | NT$1.31 Billion ≈ $41.26 Million |
-3.11% |
| 2014-12-31 | NT$1.35 Billion ≈ $42.58 Million |
+39.25% |
| 2013-12-31 | NT$970.58 Million ≈ $30.58 Million |
+3.25% |
| 2012-12-31 | NT$940.02 Million ≈ $29.62 Million |
+31.59% |
| 2011-12-31 | NT$714.35 Million ≈ $22.51 Million |
+31.45% |
| 2010-12-31 | NT$543.43 Million ≈ $17.12 Million |
+13.18% |
| 2009-12-31 | NT$480.14 Million ≈ $15.13 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Allied Circuit 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 10479.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.07 Billion | 33.49% |
| Other Components | NT$2.13 Billion | 66.51% |
| Total Equity | NT$3.20 Billion | 100.00% |
Allied Circuit Co Ltd Competitors by Market Cap
The table below lists competitors of Allied Circuit Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ooh!Media Ltd
AU:OML
|
$616.68 Million |
|
Shanghai Weihong Electronic Technology Co Ltd
SHE:300508
|
$616.72 Million |
|
FERROGLOBE PLC DL 750
F:5FG
|
$616.83 Million |
|
Beijing Hualian Department Store Co Ltd
SHE:000882
|
$616.86 Million |
|
Xiangxue Pharmaceutical
SHE:300147
|
$616.40 Million |
|
Caribbean Utilities Company Ltd
TO:CUP-U
|
$616.22 Million |
|
Archean Chemical Industries Limited
NSE:ACI
|
$616.11 Million |
|
Shenzhen Kiwi Instruments Co. Ltd. A
SHG:688045
|
$616.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Allied Circuit Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,202,950,000 to 3,201,414,000, a change of 998,464,000 (45.3%).
- Net income of 376,601,000 contributed positively to equity growth.
- Dividend payments of 211,917,000 reduced retained earnings.
- New share issuances of 500,000,000 increased equity.
- Other factors increased equity by 333,780,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$376.60 Million | +11.76% |
| Dividends Paid | NT$211.92 Million | -6.62% |
| Share Issuances | NT$500.00 Million | +15.62% |
| Other Changes | NT$333.78 Million | +10.43% |
| Total Change | NT$- | 45.32% |
Book Value vs Market Value Analysis
This analysis compares Allied Circuit 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: 5.78x
- 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 21.59x to 5.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$14.94 | NT$322.50 | x |
| 2010-12-31 | NT$17.67 | NT$322.50 | x |
| 2011-12-31 | NT$20.04 | NT$322.50 | x |
| 2012-12-31 | NT$23.86 | NT$322.50 | x |
| 2013-12-31 | NT$23.23 | NT$322.50 | x |
| 2014-12-31 | NT$30.46 | NT$322.50 | x |
| 2015-12-31 | NT$25.44 | NT$322.50 | x |
| 2016-12-31 | NT$27.34 | NT$322.50 | x |
| 2017-12-31 | NT$30.60 | NT$322.50 | x |
| 2018-12-31 | NT$32.22 | NT$322.50 | x |
| 2019-12-31 | NT$31.21 | NT$322.50 | x |
| 2020-12-31 | NT$38.12 | NT$322.50 | x |
| 2021-12-31 | NT$39.07 | NT$322.50 | x |
| 2022-12-31 | NT$44.83 | NT$322.50 | x |
| 2023-12-31 | NT$42.06 | NT$322.50 | x |
| 2024-12-31 | NT$42.63 | NT$322.50 | x |
| 2025-12-31 | NT$55.80 | NT$322.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Allied Circuit Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.61%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.86x
- Recent ROE (11.76%) is below the historical average (14.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 3.01% | 1.41% | 0.84x | 2.52x | NT$-33.56 Million |
| 2010 | 11.65% | 4.71% | 0.91x | 2.71x | NT$8.95 Million |
| 2011 | 12.45% | 6.11% | 0.89x | 2.28x | NT$17.49 Million |
| 2012 | 14.55% | 8.68% | 0.87x | 1.93x | NT$42.80 Million |
| 2013 | 9.58% | 6.62% | 0.86x | 1.69x | NT$-4.12 Million |
| 2014 | 9.90% | 7.48% | 0.89x | 1.48x | NT$-1.41 Million |
| 2015 | 7.08% | 6.06% | 0.84x | 1.40x | NT$-38.27 Million |
| 2016 | 11.88% | 9.34% | 0.83x | 1.53x | NT$25.77 Million |
| 2017 | 20.08% | 12.81% | 1.03x | 1.53x | NT$154.12 Million |
| 2018 | 22.58% | 14.13% | 1.05x | 1.53x | NT$204.00 Million |
| 2019 | 14.21% | 11.02% | 0.82x | 1.58x | NT$65.80 Million |
| 2020 | 27.80% | 18.24% | 0.98x | 1.56x | NT$340.49 Million |
| 2021 | 19.98% | 13.45% | 0.86x | 1.72x | NT$194.99 Million |
| 2022 | 24.61% | 16.13% | 0.96x | 1.58x | NT$329.91 Million |
| 2023 | 9.56% | 7.06% | 0.86x | 1.57x | NT$-9.46 Million |
| 2024 | 10.73% | 6.54% | 0.93x | 1.77x | NT$16.06 Million |
| 2025 | 11.76% | 7.61% | 0.83x | 1.86x | NT$56.46 Million |
Industry Comparison
This section compares Allied Circuit Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $172,253,705,800
- Average return on equity (ROE) among peers: 6.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Allied Circuit Co Ltd (8155) | NT$3.92 Billion | 3.01% | 0.62x | $616.67 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 15.38% | 0.77x | $317.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.94 Billion |
| Delta Electronics Inc (2308) | $279.57 Billion | 12.60% | 0.90x | $139.94 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $8.45 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $906.02 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.34 Trillion | 9.66% | 1.53x | $109.10 Billion |
| Yageo Corp (2327) | $31.87 Billion | 13.01% | 0.58x | $35.20 Billion |
| Pan-International Industrial Corp (2328) | $5.27 Billion | 2.95% | 0.28x | $747.13 Million |
| Chin-Poon Industrial Co Ltd (2355) | $17.23 Billion | 6.57% | 0.37x | $509.70 Million |
| Solomon Technology Corp (2359) | $6.25 Billion | 2.31% | 0.59x | $699.19 Million |
About Allied Circuit Co Ltd
Allied Circuit Co., Ltd. engages in the manufacture and sale of industrial and commercial printed circuit boards (PCBs) in Taiwan. It provides reliability and rigid type multi-layer PCBs, and HDI products. The company's product is used in server, networking, IPC, and load board/probe PCB applications. Allied Circuit Co., Ltd. was incorporated in 1995 and is based in Taoyuan City, Taiwan.