UPC Technology Corp
UPC Technology Corporation, together with its subsidiaries, engages in manufacture and sale of petrochemical products in Taiwan and internationally. The company offers phthalic anhydride; plasticizers; specialty plasticizers, non-phthalate plasticizer, polymeric plasticizer, linear plasticizer, adipate plasticizer, trimellitate plasticizer, bio-based plasticizer, and other specialty plasticiz; po… Read more
UPC Technology Corp (1313) - Net Assets
Latest net assets as of September 2025: NT$29.71 Billion TWD
Based on the latest financial reports, UPC Technology Corp (1313) has net assets worth NT$29.71 Billion 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$55.21 Billion) and total liabilities (NT$25.50 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 | NT$29.71 Billion |
| % of Total Assets | 53.82% |
| Annual Growth Rate | 4.92% |
| 5-Year Change | 18.08% |
| 10-Year Change | 63.71% |
| Growth Volatility | 9.87 |
UPC Technology Corp - Net Assets Trend (2000–2024)
This chart illustrates how UPC Technology Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for UPC Technology Corp (2000–2024)
The table below shows the annual net assets of UPC Technology Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$29.47 Billion | -1.94% |
| 2023-12-31 | NT$30.05 Billion | +15.10% |
| 2022-12-31 | NT$26.11 Billion | -12.68% |
| 2021-12-31 | NT$29.90 Billion | +19.80% |
| 2020-12-31 | NT$24.95 Billion | +21.31% |
| 2019-12-31 | NT$20.57 Billion | +4.03% |
| 2018-12-31 | NT$19.77 Billion | -7.01% |
| 2017-12-31 | NT$21.26 Billion | +15.51% |
| 2016-12-31 | NT$18.41 Billion | +2.28% |
| 2015-12-31 | NT$18.00 Billion | -4.40% |
| 2014-12-31 | NT$18.83 Billion | -0.90% |
| 2013-12-31 | NT$19.00 Billion | +5.29% |
| 2012-12-31 | NT$18.04 Billion | +3.45% |
| 2011-12-31 | NT$17.44 Billion | -7.04% |
| 2010-12-31 | NT$18.76 Billion | +22.43% |
| 2009-12-31 | NT$15.33 Billion | +13.89% |
| 2008-12-31 | NT$13.46 Billion | -7.96% |
| 2007-12-31 | NT$14.62 Billion | +12.16% |
| 2006-12-31 | NT$13.04 Billion | +18.43% |
| 2005-12-31 | NT$11.01 Billion | +5.77% |
| 2004-12-31 | NT$10.41 Billion | +7.96% |
| 2003-12-31 | NT$9.64 Billion | +3.31% |
| 2002-12-31 | NT$9.33 Billion | -2.76% |
| 2001-12-31 | NT$9.60 Billion | +3.12% |
| 2000-12-31 | NT$9.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to UPC Technology Corp'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 436.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$30.41 Billion | 103.22% |
| Total Equity | NT$29.47 Billion | 100.00% |
UPC Technology Corp Competitors by Market Cap
The table below lists competitors of UPC Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yulie Sekurindo Tbk
JK:YULE
|
$263.42 Million |
|
Advanced Power Electronics Corp
TW:8261
|
$263.50 Million |
|
Paras Defence and Space Technologies Limited
NSE:PARAS
|
$263.51 Million |
|
Daiwa Industries Ltd
OTCGREY:DAWIF
|
$263.56 Million |
|
CREOTECH INS.S.A. ZY -10
F:5OB
|
$263.34 Million |
|
Fujian Cement Inc
SHG:600802
|
$263.29 Million |
|
INNOX Advanced Materials Co.Ltd
KQ:272290
|
$263.28 Million |
|
Holding Bursátil Regional S.A.
SN:NUAM
|
$263.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UPC Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,049,531,000 to 29,465,689,000, a change of -583,842,000 (-1.9%).
- Net loss of 2,383,855,000 reduced equity.
- Dividend payments of 265,511,000 reduced retained earnings.
- New share issuances of 25,228,000 increased equity.
- Other comprehensive income decreased equity by 14,182,721,000.
- Other factors increased equity by 16,223,017,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-2.38 Billion | -8.09% |
| Dividends Paid | NT$265.51 Million | -0.9% |
| Share Issuances | NT$25.23 Million | +0.09% |
| Other Comprehensive Income | NT$-14.18 Billion | -48.13% |
| Other Changes | NT$16.22 Billion | +55.06% |
| Total Change | NT$- | -1.94% |
Book Value vs Market Value Analysis
This analysis compares UPC Technology Corp'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: 0.57x
- 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.
- The price-to-book ratio has decreased from 1.04x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$12.01 | NT$12.55 | x |
| 2007-12-31 | NT$13.72 | NT$12.55 | x |
| 2008-12-31 | NT$12.93 | NT$12.55 | x |
| 2009-12-31 | NT$14.53 | NT$12.55 | x |
| 2010-12-31 | NT$14.68 | NT$12.55 | x |
| 2011-12-31 | NT$13.16 | NT$12.55 | x |
| 2012-12-31 | NT$13.63 | NT$12.55 | x |
| 2013-12-31 | NT$14.33 | NT$12.55 | x |
| 2014-12-31 | NT$14.31 | NT$12.55 | x |
| 2015-12-31 | NT$13.66 | NT$12.55 | x |
| 2016-12-31 | NT$14.18 | NT$12.55 | x |
| 2017-12-31 | NT$16.43 | NT$12.55 | x |
| 2018-12-31 | NT$15.10 | NT$12.55 | x |
| 2019-12-31 | NT$15.51 | NT$12.55 | x |
| 2020-12-31 | NT$18.90 | NT$12.55 | x |
| 2021-12-31 | NT$22.58 | NT$12.55 | x |
| 2022-12-31 | NT$19.88 | NT$12.55 | x |
| 2023-12-31 | NT$22.76 | NT$12.55 | x |
| 2024-12-31 | NT$22.17 | NT$12.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UPC Technology Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -8.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.25%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 1.94x
- Recent ROE (-8.09%) is below the historical average (4.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 2.77% | 3.46% | 0.44x | 1.84x | NT$-626.58 Million |
| 2002 | 5.93% | 6.55% | 0.57x | 1.59x | NT$-379.99 Million |
| 2003 | 4.58% | 4.70% | 0.61x | 1.60x | NT$-522.18 Million |
| 2004 | 8.66% | 6.80% | 0.75x | 1.70x | NT$-131.33 Million |
| 2005 | 6.64% | 4.08% | 0.85x | 1.90x | NT$-347.55 Million |
| 2006 | 14.20% | 7.27% | 0.95x | 2.07x | NT$517.15 Million |
| 2007 | 13.58% | 6.04% | 1.23x | 1.83x | NT$515.21 Million |
| 2008 | 0.37% | 0.17% | 1.08x | 1.99x | NT$-1.27 Billion |
| 2009 | 9.40% | 5.55% | 0.88x | 1.92x | NT$-92.02 Million |
| 2010 | 14.40% | 7.38% | 1.00x | 1.95x | NT$822.60 Million |
| 2011 | 6.06% | 2.60% | 1.04x | 2.24x | NT$-685.13 Million |
| 2012 | 6.72% | 2.44% | 1.17x | 2.35x | NT$-590.38 Million |
| 2013 | 3.16% | 1.16% | 1.15x | 2.38x | NT$-1.30 Billion |
| 2014 | -1.29% | -0.46% | 1.22x | 2.31x | NT$-2.13 Billion |
| 2015 | -0.96% | -0.40% | 1.18x | 2.05x | NT$-1.97 Billion |
| 2016 | 5.91% | 2.57% | 1.16x | 1.98x | NT$-752.03 Million |
| 2017 | 11.02% | 4.63% | 1.12x | 2.12x | NT$216.02 Million |
| 2018 | 3.81% | 1.23% | 1.34x | 2.31x | NT$-1.22 Billion |
| 2019 | -0.68% | -0.22% | 1.39x | 2.20x | NT$-2.20 Billion |
| 2020 | 8.55% | 4.11% | 1.17x | 1.77x | NT$-361.15 Million |
| 2021 | 7.18% | 2.62% | 1.52x | 1.80x | NT$-842.21 Million |
| 2022 | -4.74% | -1.70% | 1.44x | 1.94x | NT$-3.85 Billion |
| 2023 | -0.94% | -0.39% | 1.32x | 1.85x | NT$-3.29 Billion |
| 2024 | -8.09% | -3.25% | 1.28x | 1.94x | NT$-5.33 Billion |
Industry Comparison
This section compares UPC Technology Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $48,964,795,444
- Average return on equity (ROE) among peers: 7.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| UPC Technology Corp (1313) | NT$29.71 Billion | 2.77% | 0.86x | $263.35 Million |
| Taiwan Styrene Monomer Corp (1310) | $6.66 Billion | 16.30% | 0.70x | $136.89 Million |
| Grand Pacific Petrochemical Corp (1312) | $16.25 Billion | 10.72% | 0.47x | $358.21 Million |
| Formosa Chemicals & Fibre Corp (1326) | $379.64 Billion | 11.55% | 0.43x | $4.35 Billion |
| Sesoda Corp (1708) | $3.05 Billion | 13.81% | 0.46x | $227.10 Million |
| Formosan Union Chemical Corp (1709) | $3.40 Billion | 0.00% | 0.29x | $154.81 Million |
| Oriental Union Chemical Corp (1710) | $17.82 Billion | -0.67% | 1.14x | $286.20 Million |
| Ho Tung Chemical Corp (1714) | $11.87 Billion | 10.01% | 1.26x | $202.24 Million |
| Sunko Ink Co Ltd (1721) | $595.83 Million | 0.00% | 0.86x | $64.82 Million |
| Chung Hwa Chemical Industrial Works Ltd (1727) | $1.39 Billion | 7.97% | 0.59x | $105.88 Million |