TOWER SEMICON INS (TOW.SG)
TOWER SEMICON INS (TOW.SG) operates in Diversified Metals & Mining.
TOWER SEMICON INS (TOW.SG) (TOW) - Net Assets
Latest net assets as of June 2024: €2.51 Billion EUR
Based on the latest financial reports, TOWER SEMICON INS (TOW.SG) (TOW) has net assets worth €2.51 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.96 Billion) and total liabilities (€449.45 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 | €2.51 Billion |
| % of Total Assets | 84.83% |
| Annual Growth Rate | 19.87% |
| 5-Year Change | 80.22% |
| 10-Year Change | N/A |
| Growth Volatility | 14.03 |
TOWER SEMICON INS (TOW.SG) - Net Assets Trend (2016–2023)
This chart illustrates how TOWER SEMICON INS (TOW.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TOWER SEMICON INS (TOW.SG) (2016–2023)
The table below shows the annual net assets of TOWER SEMICON INS (TOW.SG) from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €2.43 Billion | +28.51% |
| 2022-12-31 | €1.89 Billion | +16.91% |
| 2021-12-31 | €1.62 Billion | +11.03% |
| 2020-12-31 | €1.45 Billion | +8.03% |
| 2019-12-31 | €1.35 Billion | +8.94% |
| 2018-12-31 | €1.24 Billion | +20.05% |
| 2017-12-31 | €1.03 Billion | +50.85% |
| 2016-12-31 | €682.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TOWER SEMICON INS (TOW.SG)'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 153865100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €467.62 Million | 19.22% |
| Other Components | €1.96 Billion | 80.78% |
| Total Equity | €2.43 Billion | 100.00% |
TOWER SEMICON INS (TOW.SG) Competitors by Market Cap
The table below lists competitors of TOWER SEMICON INS (TOW.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GRENERGY RENOVALBL.EO-15
MU:5GR
|
$1.02 Million |
|
Medibio Limited
PINK:MDBIF
|
$1.02 Million |
|
CAMECO
MU:CJ6
|
$1.02 Million |
|
Navkar Urbanstructure Limited
NSE:NAVKARURB
|
$1.02 Million |
|
Ceprocim SA
RO:CEPO
|
$1.02 Million |
|
Cosmo Metals Ltd
AU:CMO
|
$1.02 Million |
|
Advent Technologies Holdings Inc
NASDAQ:ADN
|
$1.02 Million |
|
Benjamin Hornigold Ltd
AU:BHD
|
$1.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TOWER SEMICON INS (TOW.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,891,181,000 to 2,432,499,000, a change of 541,318,000 (28.6%).
- Net income of 518,494,000 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €518.49 Million | +21.32% |
| Other Changes | €22.82 Million | +0.94% |
| Total Change | €- | 28.62% |
Book Value vs Market Value Analysis
This analysis compares TOWER SEMICON INS (TOW.SG)'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: 4.66x
- 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 9.72x to 4.66x 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 | €10.52 | €102.25 | x |
| 2018-12-31 | €11.84 | €102.25 | x |
| 2019-12-31 | €12.68 | €102.25 | x |
| 2020-12-31 | €13.51 | €102.25 | x |
| 2021-12-31 | €15.03 | €102.25 | x |
| 2022-12-31 | €17.20 | €102.25 | x |
| 2023-12-31 | €21.95 | €102.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TOWER SEMICON INS (TOW.SG) 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): 21.32%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.44%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.20x
- Recent ROE (21.32%) is above the historical average (15.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 29.55% | 16.32% | 0.91x | 2.00x | €134.92 Million |
| 2017 | 28.76% | 21.48% | 0.83x | 1.62x | €194.41 Million |
| 2018 | 10.91% | 10.40% | 0.73x | 1.44x | €11.28 Million |
| 2019 | 6.65% | 7.30% | 0.64x | 1.43x | €-45.41 Million |
| 2020 | 5.65% | 6.50% | 0.60x | 1.44x | €-63.48 Million |
| 2021 | 9.25% | 9.95% | 0.68x | 1.38x | €-12.19 Million |
| 2022 | 13.99% | 15.77% | 0.66x | 1.35x | €75.45 Million |
| 2023 | 21.32% | 36.44% | 0.49x | 1.20x | €275.24 Million |
Industry Comparison
This section compares TOWER SEMICON INS (TOW.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TOWER SEMICON INS (TOW.SG) (TOW) | €2.51 Billion | 29.55% | 0.18x | $1.02 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |