Shinko Electric Industries Co. Ltd.
Shinko Electric Industries Co., Ltd. develops, produces, and sells various semiconductor packages in Japan. The company manufactures and sells plastic laminated packages, leadframes, heat spreaders, arresters, and ceramic electrostatic chuck products; and IC assemblies. It also offers various substrates comprising flip-chip package, plastic-BGA, coreless, and 2.3D package, as well as substrate wi… Read more
Shinko Electric Industries Co. Ltd. (SHEGF) - Net Assets
Latest net assets as of March 2024: $264.98 Billion USD
Based on the latest financial reports, Shinko Electric Industries Co. Ltd. (SHEGF) has net assets worth $264.98 Billion USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($393.75 Billion) and total liabilities ($128.77 Billion). 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 | $264.98 Billion |
| % of Total Assets | 67.3% |
| Annual Growth Rate | 13.73% |
| 5-Year Change | 92.49% |
| 10-Year Change | N/A |
| Growth Volatility | 12.03 |
Shinko Electric Industries Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Shinko Electric Industries Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shinko Electric Industries Co. Ltd. (2019–2024)
The table below shows the annual net assets of Shinko Electric Industries Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $264.98 Billion | +5.56% |
| 2023-03-31 | $251.01 Billion | +24.27% |
| 2022-03-31 | $202.00 Billion | +31.69% |
| 2021-03-31 | $153.39 Billion | +11.43% |
| 2020-03-31 | $137.66 Billion | -1.11% |
| 2019-03-31 | $139.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shinko Electric Industries 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 127.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $215.74 Billion | 81.42% |
| Other Components | $49.24 Billion | 18.58% |
| Total Equity | $264.98 Billion | 100.00% |
Shinko Electric Industries Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shinko Electric Industries Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Joeone Co Ltd
SHG:601566
|
$276.49 Million |
|
Cross Country Healthcare Inc
NASDAQ:CCRN
|
$276.49 Million |
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
$276.51 Million |
|
Tecsys Inc
PINK:TCYSF
|
$276.55 Million |
|
CRYOPORT INC. DL-01
F:CKX
|
$276.41 Million |
|
Abacus Life Inc.
NASDAQ:ABL
|
$276.35 Million |
|
Huadian Ener-B
SHG:900937
|
$276.31 Million |
|
FIC Global Inc
TW:3701
|
$276.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shinko Electric Industries Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 251,013,000,000 to 264,977,000,000, a change of 13,964,000,000 (5.6%).
- Net income of 18,609,000,000 contributed positively to equity growth.
- Dividend payments of 6,755,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.61 Billion | +7.02% |
| Dividends Paid | $6.75 Billion | -2.55% |
| Other Changes | $2.11 Billion | +0.8% |
| Total Change | $- | 5.56% |
Book Value vs Market Value Analysis
This analysis compares Shinko Electric Industries 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: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | $1030.43 | $33.52 | x |
| 2020-03-31 | $1019.02 | $33.52 | x |
| 2021-03-31 | $1135.49 | $33.52 | x |
| 2022-03-31 | $1495.28 | $33.52 | x |
| 2023-03-31 | $1857.89 | $33.52 | x |
| 2024-03-31 | $1961.09 | $33.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shinko Electric Industries 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): 7.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.86%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.49x
- Recent ROE (7.02%) is below the historical average (11.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 1.81% | 1.78% | 0.79x | 1.30x | $-11.39 Billion |
| 2020 | 1.95% | 1.81% | 0.73x | 1.48x | $-11.08 Billion |
| 2021 | 11.75% | 9.58% | 0.78x | 1.57x | $2.68 Billion |
| 2022 | 26.05% | 19.35% | 0.85x | 1.58x | $32.43 Billion |
| 2023 | 21.71% | 19.03% | 0.74x | 1.54x | $29.39 Billion |
| 2024 | 7.02% | 8.86% | 0.53x | 1.49x | $-7.89 Billion |
Industry Comparison
This section compares Shinko Electric Industries Co. Ltd.'s net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $15,545,560,602
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shinko Electric Industries Co. Ltd. (SHEGF) | $264.98 Billion | 1.81% | 0.49x | $276.46 Million |
| Axcelis Technologies Inc (ACLS) | $205.57 Million | -8.55% | 0.37x | $2.62 Billion |
| Acm Research Inc (ACMR) | $2.48 Million | 41.49% | 16.89x | $2.51 Billion |
| Advantest Corporation (ADTTF) | $140.94 Billion | 9.19% | 0.94x | $27.29 Billion |
| Aehr Test Systems (AEHR) | $11.28 Million | -4.26% | 0.28x | $1.01 Billion |
| AEM Holdings Ltd. (AEMFF) | $211.43 Million | 46.16% | 0.59x | $164.30 Million |
| AIXTRON SE (AIXXF) | $910.07 Million | 9.37% | 0.14x | $996.24 Million |
| Applied Materials Inc (AMAT) | $254.40 Million | 20.24% | 0.71x | $278.50 Billion |
| Ambarella Inc (AMBA) | $561.41 Million | -20.86% | 0.23x | $2.14 Billion |
| Amkor Technology Inc (AMKR) | $4.00 Billion | 9.01% | 0.69x | $5.65 Billion |
| ASML Holding NV (ASMLF) | $8.37 Billion | 16.95% | 0.56x | $267.08 Billion |