Andes Technology Corp (6533) — Tangible Net Worth Ratio
Andes Technology Corp (6533) has a Tangible Net Worth Ratio of 44.9% as of September 2025. This metric is calculated by deducting intangible assets (NT$2.51 Billion) from net assets (NT$4.56 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Andes Technology Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Andes Technology Corp Tangible Net Worth Ratio (2013–2024)
This chart shows how Andes Technology Corp's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 44.9%, reflecting net assets of NT$4.56 Billion with intangible assets of NT$2.51 Billion TWD. For live market cap and overall valuation, see market value of Andes Technology Corp.
Annual Tangible Net Worth Ratio for Andes Technology Corp (2013–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Andes Technology Corp from 2013 to 2024, covering 12 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore reinvestment intensity of Andes Technology Corp to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (TWD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 59.1% | NT$4.82 Billion | NT$1.97 Billion | NT$5.30 Billion | ▼ -17.3 pp |
| 2023 | 76.4% | NT$4.81 Billion | NT$1.14 Billion | NT$5.34 Billion | ▼ -11.3 pp |
| 2022 | 87.7% | NT$4.99 Billion | NT$613.61 Million | NT$5.42 Billion | ▼ -4.3 pp |
| 2021 | 92.0% | NT$4.77 Billion | NT$380.11 Million | NT$5.03 Billion | ▲ +16.3 pp |
| 2020 | 75.7% | NT$1.20 Billion | NT$290.44 Million | NT$1.40 Billion | ▼ -6.8 pp |
| 2019 | 82.5% | NT$1.17 Billion | NT$205.04 Million | NT$1.39 Billion | ▼ -6.9 pp |
| 2018 | 89.5% | NT$1.19 Billion | NT$125.28 Million | NT$1.24 Billion | ▼ -7.0 pp |
| 2017 | 96.5% | NT$1.15 Billion | NT$40.63 Million | NT$1.18 Billion | ▼ -3.5 pp |
| 2016 | 100.0% | NT$802.45 Million | NT$73.00K | NT$835.22 Million | ▲ +0.1 pp |
| 2015 | 99.9% | NT$832.92 Million | NT$1.17 Million | NT$860.73 Million | ▲ +0.8 pp |
| 2014 | 99.0% | NT$811.80 Million | NT$8.03 Million | NT$841.83 Million | ▲ +12.9 pp |
| 2013 | 86.1% | NT$124.56 Million | NT$17.29 Million | NT$184.13 Million | — |