Z-Com Inc
Z-Com, Inc. engages in the research, development, designing, manufacturing, and sale of software, hardware, and system integration for wireless communication systems Taiwan, Germany, Mainland China, and internationally. The company provides outdoor access points, serial device servers, industrial cellular gateway, cellular gateway, Wi-fi module, and accessories. It also offers new energy fields a… Read more
Z-Com Inc (8176) - Net Assets
Latest net assets as of September 2025: NT$563.16 Million TWD
Based on the latest financial reports, Z-Com Inc (8176) has net assets worth NT$563.16 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$718.41 Million) and total liabilities (NT$155.25 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$563.16 Million |
| % of Total Assets | 78.39% |
| Annual Growth Rate | -1.92% |
| 5-Year Change | -10.42% |
| 10-Year Change | -40.31% |
| Growth Volatility | 19.7 |
Z-Com Inc - Net Assets Trend (2003–2024)
This chart illustrates how Z-Com Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Z-Com Inc (2003–2024)
The table below shows the annual net assets of Z-Com Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$556.94 Million | +7.68% |
| 2023-12-31 | NT$517.22 Million | +0.09% |
| 2022-12-31 | NT$516.76 Million | -14.74% |
| 2021-12-31 | NT$606.13 Million | -2.50% |
| 2020-12-31 | NT$621.70 Million | -15.69% |
| 2019-12-31 | NT$737.41 Million | -6.92% |
| 2018-12-31 | NT$792.24 Million | -7.13% |
| 2017-12-31 | NT$853.07 Million | -2.83% |
| 2016-12-31 | NT$877.93 Million | -5.90% |
| 2015-12-31 | NT$933.02 Million | -2.82% |
| 2014-12-31 | NT$960.05 Million | -26.54% |
| 2013-12-31 | NT$1.31 Billion | -13.34% |
| 2012-12-31 | NT$1.51 Billion | +72.63% |
| 2011-12-31 | NT$873.63 Million | +14.72% |
| 2010-12-31 | NT$761.53 Million | -7.02% |
| 2009-12-31 | NT$819.06 Million | -5.69% |
| 2008-12-31 | NT$868.46 Million | +0.98% |
| 2007-12-31 | NT$860.00 Million | +9.87% |
| 2006-12-31 | NT$782.77 Million | +13.52% |
| 2005-12-31 | NT$689.57 Million | +10.15% |
| 2004-12-31 | NT$626.03 Million | -25.17% |
| 2003-12-31 | NT$836.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Z-Com Inc'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 216.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$708.33 Million | 130.27% |
| Total Equity | NT$543.72 Million | 100.00% |
Z-Com Inc Competitors by Market Cap
The table below lists competitors of Z-Com Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lefroy Exploration Ltd
AU:LEX
|
$19.93 Million |
|
Acrinova AB
ST:ACRI-A
|
$19.93 Million |
|
ADVENTURE INC
F:6OQ
|
$19.94 Million |
|
MWB0
XETRA:MWB0
|
$19.95 Million |
|
HUDSON GLOBAL INC.DL-001
F:HDH1
|
$19.93 Million |
|
Kervan Gıda Sanayi Ve Ticaret As
IS:KRVGD
|
$19.92 Million |
|
GMM Grammy Public Company Limited
BK:GRAMMY
|
$19.91 Million |
|
Battery Minerals Limited
PINK:BTRYF
|
$19.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Z-Com Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 503,494,000 to 543,724,000, a change of 40,230,000 (8.0%).
- Net income of 30,806,000 contributed positively to equity growth.
- Other factors increased equity by 9,424,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$30.81 Million | +5.67% |
| Other Changes | NT$9.42 Million | +1.73% |
| Total Change | NT$- | 7.99% |
Book Value vs Market Value Analysis
This analysis compares Z-Com Inc'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: 1.67x
- 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 1.19x to 1.67x 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$11.00 | NT$13.10 | x |
| 2018-12-31 | NT$10.96 | NT$13.10 | x |
| 2019-12-31 | NT$10.39 | NT$13.10 | x |
| 2020-12-31 | NT$9.01 | NT$13.10 | x |
| 2021-12-31 | NT$8.03 | NT$13.10 | x |
| 2022-12-31 | NT$7.26 | NT$13.10 | x |
| 2023-12-31 | NT$7.28 | NT$13.10 | x |
| 2024-12-31 | NT$7.86 | NT$13.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Z-Com Inc 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): 5.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.48%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.41x
- Recent ROE (5.67%) is above the historical average (3.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.87% | 4.82% | 1.77x | 1.98x | NT$57.44 Million |
| 2005 | 0.83% | 0.23% | 1.68x | 2.19x | NT$-59.20 Million |
| 2006 | 9.43% | 3.46% | 1.47x | 1.86x | NT$-4.07 Million |
| 2007 | 7.64% | 2.60% | 1.52x | 1.94x | NT$-17.71 Million |
| 2008 | 0.77% | 0.33% | 1.20x | 1.97x | NT$-65.41 Million |
| 2009 | 10.02% | 3.08% | 2.05x | 1.58x | NT$129.10K |
| 2010 | 5.70% | 2.73% | 1.24x | 1.69x | NT$-32.73 Million |
| 2011 | 16.82% | 7.91% | 1.14x | 1.87x | NT$59.55 Million |
| 2015 | 2.74% | 1.58% | 0.77x | 2.26x | NT$-55.45 Million |
| 2016 | 4.96% | 3.09% | 0.84x | 1.91x | NT$-38.52 Million |
| 2017 | 6.57% | 3.81% | 0.95x | 1.82x | NT$-26.98 Million |
| 2018 | 5.98% | 4.23% | 0.89x | 1.58x | NT$-30.79 Million |
| 2019 | 2.00% | 1.34% | 0.96x | 1.55x | NT$-57.81 Million |
| 2020 | -14.06% | -21.33% | 0.50x | 1.32x | NT$-150.37 Million |
| 2021 | -10.98% | -23.46% | 0.35x | 1.34x | NT$-116.46 Million |
| 2022 | -12.92% | -19.89% | 0.42x | 1.54x | NT$-115.03 Million |
| 2023 | 1.14% | 1.33% | 0.60x | 1.44x | NT$-44.59 Million |
| 2024 | 5.67% | 5.48% | 0.73x | 1.41x | NT$-23.57 Million |
Industry Comparison
This section compares Z-Com Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,191,021,400
- Average return on equity (ROE) among peers: 6.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Z-Com Inc (8176) | NT$563.16 Million | 16.87% | 0.28x | $19.93 Million |
| Microelectronics Technology Inc (2314) | $2.66 Billion | 0.06% | 0.89x | $45.23 Million |
| Tecom Co Ltd (2321) | $4.17 Billion | 0.00% | 0.84x | $4.21 Million |
| D-Link Corp (2332) | $13.20 Billion | 0.47% | 0.93x | $223.47 Million |
| Accton Technology Corp (2345) | $6.35 Billion | -4.76% | 1.05x | $24.28 Billion |
| Hitron Technologies Inc (2419) | $2.12 Billion | 9.31% | 1.51x | $112.81 Million |
| Abocom Systems Inc (2444) | $1.06 Billion | -12.63% | 1.12x | $38.22 Million |
| Zinwell Corporation (2485) | $6.47 Billion | 17.42% | 0.34x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $926.82 Million | 10.19% | 0.29x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $1.13 Billion | 21.40% | 1.09x | $96.06 Million |
| CyberTAN Technology Inc (3062) | $3.85 Billion | 23.50% | 1.65x | $228.82 Million |