Walsin Lihwa Corp (1605) - Net Assets
Based on the latest financial reports, Walsin Lihwa Corp (1605) has net assets worth NT$165.20 Billion TWD (≈ $5.20 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$286.99 Billion ≈ $9.04 Billion USD) and total liabilities (NT$121.80 Billion ≈ $3.84 Billion 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 Walsin Lihwa Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$165.20 Billion |
| % of Total Assets | 57.56% |
| Annual Growth Rate | 3.83% |
| 5-Year Change | 68.89% |
| 10-Year Change | 131.89% |
| Growth Volatility | 10.6 |
Walsin Lihwa Corp - Net Assets Trend (2000–2024)
This chart illustrates how Walsin Lihwa Corp's net assets have evolved over time, based on quarterly financial data. Also explore 1605 total assets for the complete picture of this company's asset base.
Annual Net Assets for Walsin Lihwa Corp (2000–2024)
The table below shows the annual net assets of Walsin Lihwa Corp from 2000 to 2024. For live valuation and market cap data, see 1605 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$147.41 Billion ≈ $4.64 Billion |
-4.56% |
| 2023-12-31 | NT$154.45 Billion ≈ $4.87 Billion |
+18.97% |
| 2022-12-31 | NT$129.82 Billion ≈ $4.09 Billion |
+20.26% |
| 2021-12-31 | NT$107.95 Billion ≈ $3.40 Billion |
+23.68% |
| 2020-12-31 | NT$87.28 Billion ≈ $2.75 Billion |
+11.09% |
| 2019-12-31 | NT$78.57 Billion ≈ $2.48 Billion |
-0.88% |
| 2018-12-31 | NT$79.26 Billion ≈ $2.50 Billion |
+9.66% |
| 2017-12-31 | NT$72.28 Billion ≈ $2.28 Billion |
+10.72% |
| 2016-12-31 | NT$65.28 Billion ≈ $2.06 Billion |
+2.70% |
| 2015-12-31 | NT$63.57 Billion ≈ $2.00 Billion |
-2.82% |
| 2014-12-31 | NT$65.41 Billion ≈ $2.06 Billion |
+5.17% |
| 2013-12-31 | NT$62.20 Billion ≈ $1.96 Billion |
+0.17% |
| 2012-12-31 | NT$62.09 Billion ≈ $1.96 Billion |
-3.55% |
| 2011-12-31 | NT$64.38 Billion ≈ $2.03 Billion |
-3.92% |
| 2010-12-31 | NT$67.01 Billion ≈ $2.11 Billion |
+17.11% |
| 2009-12-31 | NT$57.22 Billion ≈ $1.80 Billion |
+6.75% |
| 2008-12-31 | NT$53.60 Billion ≈ $1.69 Billion |
-18.20% |
| 2007-12-31 | NT$65.53 Billion ≈ $2.06 Billion |
+0.48% |
| 2006-12-31 | NT$65.22 Billion ≈ $2.05 Billion |
+18.65% |
| 2005-12-31 | NT$54.97 Billion ≈ $1.73 Billion |
-7.43% |
| 2004-12-31 | NT$59.38 Billion ≈ $1.87 Billion |
+15.36% |
| 2003-12-31 | NT$51.47 Billion ≈ $1.62 Billion |
-7.97% |
| 2002-12-31 | NT$55.92 Billion ≈ $1.76 Billion |
-1.37% |
| 2001-12-31 | NT$56.70 Billion ≈ $1.79 Billion |
-5.10% |
| 2000-12-31 | NT$59.75 Billion ≈ $1.88 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Walsin Lihwa 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 grown by 691.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$58.96 Billion | 42.96% |
| Common Stock | NT$40.31 Billion | 29.37% |
| Other Comprehensive Income | NT$4.39 Billion | 3.20% |
| Other Components | NT$33.59 Billion | 24.47% |
| Total Equity | NT$137.26 Billion | 100.00% |
Walsin Lihwa Corp Competitors by Market Cap
The table below lists competitors of Walsin Lihwa Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Espressif Systems Shanghai Co Ltd
SHG:688018
|
$4.21 Billion |
|
Appfolio Inc
NASDAQ:APPF
|
$4.21 Billion |
|
Jiangsu Guoxin Corp Ltd
SHE:002608
|
$4.21 Billion |
|
Zhengzhou Coal Mining Machinery Group Co Ltd
SHG:601717
|
$4.21 Billion |
|
EPR Properties
NYSE:EPR
|
$4.21 Billion |
|
GRIFOLS ADR 1/2/EO-50
F:G0F
|
$4.21 Billion |
|
Sandfire Resources Limited
F:S2Z
|
$4.20 Billion |
|
Victoria's Secret & Co
NYSE:VSCO
|
$4.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Walsin Lihwa Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 140,810,315,000 to 137,255,194,000, a change of -3,555,121,000 (-2.5%).
- Net income of 2,790,054,000 contributed positively to equity growth.
- Dividend payments of 4,434,237,000 reduced retained earnings.
- Other comprehensive income decreased equity by 17,261,889,000.
- Other factors increased equity by 15,350,951,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.79 Billion | +2.03% |
| Dividends Paid | NT$4.43 Billion | -3.23% |
| Other Comprehensive Income | NT$-17.26 Billion | -12.58% |
| Other Changes | NT$15.35 Billion | +11.18% |
| Total Change | NT$- | -2.52% |
Book Value vs Market Value Analysis
This analysis compares Walsin Lihwa 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: 0.89x
- 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 1.57x to 0.89x 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$19.25 | NT$30.15 | x |
| 2007-12-31 | NT$19.49 | NT$30.15 | x |
| 2008-12-31 | NT$16.21 | NT$30.15 | x |
| 2009-12-31 | NT$17.90 | NT$30.15 | x |
| 2010-12-31 | NT$20.58 | NT$30.15 | x |
| 2011-12-31 | NT$17.27 | NT$30.15 | x |
| 2012-12-31 | NT$15.98 | NT$30.15 | x |
| 2013-12-31 | NT$16.93 | NT$30.15 | x |
| 2014-12-31 | NT$17.57 | NT$30.15 | x |
| 2015-12-31 | NT$17.11 | NT$30.15 | x |
| 2016-12-31 | NT$18.16 | NT$30.15 | x |
| 2017-12-31 | NT$20.81 | NT$30.15 | x |
| 2018-12-31 | NT$22.80 | NT$30.15 | x |
| 2019-12-31 | NT$22.84 | NT$30.15 | x |
| 2020-12-31 | NT$25.31 | NT$30.15 | x |
| 2021-12-31 | NT$30.29 | NT$30.15 | x |
| 2022-12-31 | NT$34.76 | NT$30.15 | x |
| 2023-12-31 | NT$36.24 | NT$30.15 | x |
| 2024-12-31 | NT$34.03 | NT$30.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Walsin Lihwa Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.56%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.99x
- Recent ROE (2.03%) is below the historical average (4.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.60% | 0.72% | 0.52x | 1.63x | NT$-4.84 Billion |
| 2004 | 13.59% | 11.80% | 0.84x | 1.38x | NT$2.07 Billion |
| 2006 | 13.40% | 6.89% | 1.19x | 1.64x | NT$2.16 Billion |
| 2007 | 2.56% | 1.00% | 1.38x | 1.87x | NT$-4.75 Billion |
| 2008 | -9.54% | -3.18% | 1.61x | 1.86x | NT$-10.25 Billion |
| 2009 | 2.58% | 1.08% | 1.25x | 1.92x | NT$-4.12 Billion |
| 2010 | 7.31% | 2.51% | 1.50x | 1.94x | NT$-1.76 Billion |
| 2011 | -6.83% | -2.25% | 1.51x | 2.02x | NT$-10.52 Billion |
| 2012 | -5.75% | -2.11% | 1.45x | 1.88x | NT$-9.11 Billion |
| 2013 | -4.48% | -1.81% | 1.31x | 1.89x | NT$-8.69 Billion |
| 2014 | 3.57% | 1.39% | 1.50x | 1.71x | NT$-4.09 Billion |
| 2015 | 2.60% | 1.07% | 1.43x | 1.70x | NT$-4.57 Billion |
| 2016 | 7.21% | 3.19% | 1.26x | 1.80x | NT$-1.77 Billion |
| 2017 | 9.30% | 3.91% | 1.29x | 1.85x | NT$-492.36 Million |
| 2018 | 15.20% | 6.16% | 1.44x | 1.72x | NT$4.02 Billion |
| 2019 | 4.07% | 2.34% | 0.98x | 1.78x | NT$-4.59 Billion |
| 2020 | 7.92% | 5.95% | 0.74x | 1.79x | NT$-1.76 Billion |
| 2021 | 13.83% | 9.35% | 0.86x | 1.73x | NT$4.05 Billion |
| 2022 | 15.66% | 10.73% | 0.71x | 2.04x | NT$6.99 Billion |
| 2023 | 3.65% | 2.70% | 0.71x | 1.89x | NT$-8.95 Billion |
| 2024 | 2.03% | 1.56% | 0.66x | 1.99x | NT$-10.94 Billion |
Industry Comparison
This section compares Walsin Lihwa Corp's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $80,423,290,556
- Average return on equity (ROE) among peers: 4.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Walsin Lihwa Corp (1605) | NT$165.20 Billion | 0.60% | 0.74x | $4.21 Billion |
| China Steel Corp (2002) | $331.95 Billion | 5.09% | 1.01x | $9.00 Billion |
| China Steel Corp Pref (2002A) | $342.25 Billion | 0.49% | 0.98x | $46.78 Million |
| Tung Ho Steel Enterprise Corp (2006) | $14.24 Billion | 17.57% | 0.78x | $1.50 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $3.22 Billion | -5.72% | 4.62x | $124.72 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $3.67 Billion | -10.06% | 0.43x | $165.35 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $9.90 Billion | 3.68% | 1.20x | $505.02 Million |
| Chun Yu Works & Co Ltd (2012) | $4.00 Billion | 6.23% | 1.65x | $129.09 Million |
| China Steel Structure Co Ltd (2013) | $2.65 Billion | 0.00% | 2.18x | $269.37 Million |
| Chung Hung Steel Corp (2014) | $11.93 Billion | 21.85% | 1.63x | $796.00 Million |
About Walsin Lihwa Corp
Walsin Lihwa Corporation engages in the manufacture and sale of wires and cables, and stainless-steel products in Asia, the United States, Europe, and internationally. The company operates through Wires and Cables; Stainless Steel; Resource; Real Estate; and Administration and Investing segments. It also offers copper wires and rods, power cables, communication cables, optical cables, industrial … Read more