Silicon Motion Technology Corporation (S9M) - Net Assets
Based on the latest financial reports, Silicon Motion Technology Corporation (S9M) has net assets worth €906.12 Million EUR (≈ $1.06 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.31 Billion ≈ $1.53 Billion USD) and total liabilities (€400.89 Million ≈ $468.68 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 S9M goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €906.12 Million |
| % of Total Assets | 69.33% |
| Annual Growth Rate | 7.24% |
| 5-Year Change | 26.33% |
| 10-Year Change | N/A |
| Growth Volatility | 5.32 |
Silicon Motion Technology Corporation - Net Assets Trend (2016–2025)
This chart illustrates how Silicon Motion Technology Corporation's net assets have evolved over time, based on quarterly financial data. See Silicon Motion Technology Corporation liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Silicon Motion Technology Corporation (2016–2025)
The table below shows the annual net assets of Silicon Motion Technology Corporation from 2016 to 2025. For live valuation and market cap data, see S9M market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €830.74 Million ≈ $971.22 Million |
+7.57% |
| 2024-12-31 | €772.28 Million ≈ $902.88 Million |
+5.12% |
| 2023-12-31 | €734.70 Million ≈ $858.94 Million |
+0.29% |
| 2022-12-31 | €732.60 Million ≈ $856.49 Million |
+11.41% |
| 2021-12-31 | €657.58 Million ≈ $768.78 Million |
+17.90% |
| 2020-12-31 | €557.74 Million ≈ $652.06 Million |
+3.90% |
| 2019-12-31 | €536.78 Million ≈ $627.56 Million |
+0.85% |
| 2018-12-31 | €532.28 Million ≈ $622.29 Million |
+7.74% |
| 2017-12-31 | €494.05 Million ≈ $577.60 Million |
+11.58% |
| 2016-12-31 | €442.76 Million ≈ $517.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Silicon Motion Technology Corporation'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 117.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €468.13 Million | 56.35% |
| Other Components | €362.61 Million | 43.65% |
| Total Equity | €830.74 Million | 100.00% |
Silicon Motion Technology Corporation Competitors by Market Cap
The table below lists competitors of Silicon Motion Technology Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunny Optical Technology (Group) Company Limited
F:SXC
|
$7.33 Billion |
|
Indian Overseas Bank
NSE:IOB
|
$7.34 Billion |
|
BKW AG
SW:BKW
|
$7.34 Billion |
|
Industrial Securities Co Ltd
SHG:601377
|
$7.35 Billion |
|
President Chain Store Corp
TW:2912
|
$7.32 Billion |
|
Shanxi LuAn Environmental Energy Development Co Ltd
SHG:601699
|
$7.32 Billion |
|
Andritz AG
VI:ANDR
|
$7.32 Billion |
|
Verona Pharma PLC ADR
NASDAQ:VRNA
|
$7.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silicon Motion Technology Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 772,284,000 to 830,738,000, a change of 58,454,000 (7.6%).
- Net income of 122,635,000 contributed positively to equity growth.
- Dividend payments of 67,200,000 reduced retained earnings.
- Share repurchases of 24,312,000 reduced equity.
- Other factors increased equity by 27,331,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €122.64 Million | +14.76% |
| Dividends Paid | €67.20 Million | -8.09% |
| Share Repurchases | €24.31 Million | -2.93% |
| Other Changes | €27.33 Million | +3.29% |
| Total Change | €- | 7.57% |
Book Value vs Market Value Analysis
This analysis compares Silicon Motion Technology Corporation'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: 45.25x
- 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 81.14x to 45.25x 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 | €3.45 | €280.00 | x |
| 2018-12-31 | €3.68 | €280.00 | x |
| 2019-12-31 | €3.86 | €280.00 | x |
| 2020-12-31 | €4.04 | €280.00 | x |
| 2021-12-31 | €4.70 | €280.00 | x |
| 2022-12-31 | €5.54 | €280.00 | x |
| 2023-12-31 | €5.50 | €280.00 | x |
| 2024-12-31 | €5.73 | €280.00 | x |
| 2025-12-31 | €6.19 | €280.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silicon Motion Technology Corporation 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): 14.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.85%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.47x
- Recent ROE (14.76%) is below the historical average (17.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 25.06% | 19.95% | 0.92x | 1.37x | €66.66 Million |
| 2017 | 15.17% | 14.32% | 0.75x | 1.40x | €25.55 Million |
| 2018 | 18.42% | 18.49% | 0.79x | 1.26x | €44.84 Million |
| 2019 | 12.00% | 14.08% | 0.66x | 1.30x | €10.72 Million |
| 2020 | 14.30% | 14.78% | 0.73x | 1.33x | €23.97 Million |
| 2021 | 30.41% | 21.68% | 0.95x | 1.48x | €134.19 Million |
| 2022 | 23.55% | 18.24% | 0.98x | 1.31x | €99.25 Million |
| 2023 | 7.20% | 8.27% | 0.63x | 1.37x | €-20.60 Million |
| 2024 | 11.56% | 11.11% | 0.78x | 1.34x | €12.02 Million |
| 2025 | 14.76% | 13.85% | 0.73x | 1.47x | €39.56 Million |
Industry Comparison
This section compares Silicon Motion Technology Corporation's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $7,398,042,362,085
- Average return on equity (ROE) among peers: -15.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silicon Motion Technology Corporation (S9M) | €906.12 Million | 25.06% | 0.44x | $7.32 Billion |
| Hua Hong Semiconductor Limited (1HH) | $1.70 Billion | 8.57% | 0.23x | $24.76 Billion |
| Archer Materials Limited (38A) | $29.42 Million | -47.98% | 0.03x | $62.87 Million |
| SemiLEDS Corporation (6LD1) | $1.19 Million | -225.29% | 10.27x | $13.79 Million |
| CHIPMOS TECH.ADR 20 TA10 (CPIA) | $24.64 Billion | 13.96% | 0.82x | $1.14 Billion |
| centrotherm international AG (CTNK) | $161.46 Million | 0.00% | 0.70x | $233.80 Million |
| Elmos Semiconductor SE (ELG) | $563.18 Million | 22.85% | 0.42x | $3.06 Billion |
| SHANGHAI FU. MIC.H YC-10 (FUD) | $3.37 Billion | 15.28% | 0.24x | $1.05 Billion |
| SK HYNIX GDR 144A/REGS 1 (HY9H) | $73.92 Trillion | 26.77% | 0.62x | $748.90 Billion |
| Infineon Technologies AG (IFX) | $17.04 Billion | 18.41% | 0.67x | $79.92 Billion |
| Infineon Technologies AG (IFXA) | $17.22 Billion | 7.56% | 0.66x | $40.80 Billion |
About Silicon Motion Technology Corporation
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in China, Japan, Singapore, Taiwan, Korea, the United States, and internationally. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs … Read more