First Copper Technology Co Ltd
First Copper Technology Co., Ltd. produces and sells copper and copper alloy strips in Taiwan and internationally. The company's products primarily include brass, phosphor bronze, environmental reflow tin plate, copper, and nickel silver; copper alloys for lead frame; tin-plated copper alloys; and special copper alloys for high performance terminals, etc. It supplies its products to electronic, s… Read more
First Copper Technology Co Ltd (2009) - Net Assets
Latest net assets as of September 2025: NT$8.38 Billion TWD
Based on the latest financial reports, First Copper Technology Co Ltd (2009) has net assets worth NT$8.38 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$10.15 Billion) and total liabilities (NT$1.77 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 | NT$8.38 Billion |
| % of Total Assets | 82.59% |
| Annual Growth Rate | 3.14% |
| 5-Year Change | 57.67% |
| 10-Year Change | 149.4% |
| Growth Volatility | 21.6 |
First Copper Technology Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how First Copper Technology 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 First Copper Technology Co Ltd (2002–2024)
The table below shows the annual net assets of First Copper Technology Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.17 Billion | +19.94% |
| 2023-12-31 | NT$5.98 Billion | +32.26% |
| 2022-12-31 | NT$4.52 Billion | -29.84% |
| 2021-12-31 | NT$6.44 Billion | +41.67% |
| 2020-12-31 | NT$4.55 Billion | +23.69% |
| 2019-12-31 | NT$3.68 Billion | +1.42% |
| 2018-12-31 | NT$3.63 Billion | -11.04% |
| 2017-12-31 | NT$4.08 Billion | +28.78% |
| 2016-12-31 | NT$3.17 Billion | +10.07% |
| 2015-12-31 | NT$2.88 Billion | -29.04% |
| 2014-12-31 | NT$4.05 Billion | -7.42% |
| 2013-12-31 | NT$4.38 Billion | +0.61% |
| 2012-12-31 | NT$4.35 Billion | +23.28% |
| 2011-12-31 | NT$3.53 Billion | -25.02% |
| 2010-12-31 | NT$4.71 Billion | +7.32% |
| 2009-12-31 | NT$4.39 Billion | +40.98% |
| 2008-12-31 | NT$3.11 Billion | -32.10% |
| 2007-12-31 | NT$4.58 Billion | -3.75% |
| 2006-12-31 | NT$4.76 Billion | +18.76% |
| 2005-12-31 | NT$4.01 Billion | +0.56% |
| 2004-12-31 | NT$3.99 Billion | +2.97% |
| 2003-12-31 | NT$3.87 Billion | +6.54% |
| 2002-12-31 | NT$3.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Copper Technology 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 156.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$305.20 Million | 4.26% |
| Common Stock | NT$3.60 Billion | 50.14% |
| Other Comprehensive Income | NT$3.27 Billion | 45.60% |
| Total Equity | NT$7.17 Billion | 100.00% |
First Copper Technology Co Ltd Competitors by Market Cap
The table below lists competitors of First Copper Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CellaVision AB
ST:CEVI
|
$262.59 Million |
|
Allied Supreme Corp
TW:4770
|
$262.65 Million |
|
Ningbo Bohui Chemical Technology
SHE:300839
|
$262.66 Million |
|
Lloyds Engineering Works Limited
NSE:LLOYDSENGG
|
$262.66 Million |
|
Satellogic V Inc
NASDAQ:SATL
|
$262.55 Million |
|
Longxing Chemical Stock Co Ltd
SHE:002442
|
$262.50 Million |
|
ShaMaran Petroleum Corp
PINK:SHASF
|
$262.48 Million |
|
SEMLER SCIENTIFIC DL-001
F:6FA
|
$262.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Copper Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,979,842,000 to 7,172,000,000, a change of 1,192,158,000 (19.9%).
- Net income of 265,565,000 contributed positively to equity growth.
- Dividend payments of 448,000 reduced retained earnings.
- Other comprehensive income increased equity by 928,109,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$265.56 Million | +3.7% |
| Dividends Paid | NT$448.00K | -0.01% |
| Other Comprehensive Income | NT$928.11 Million | +12.94% |
| Other Changes | NT$-1.07 Million | -0.01% |
| Total Change | NT$- | 19.94% |
Book Value vs Market Value Analysis
This analysis compares First Copper Technology 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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.49x to 2.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$12.18 | NT$42.45 | x |
| 2010-12-31 | NT$13.05 | NT$42.45 | x |
| 2011-12-31 | NT$9.81 | NT$42.45 | x |
| 2012-12-31 | NT$12.10 | NT$42.45 | x |
| 2013-12-31 | NT$12.16 | NT$42.45 | x |
| 2014-12-31 | NT$11.26 | NT$42.45 | x |
| 2015-12-31 | NT$8.00 | NT$42.45 | x |
| 2016-12-31 | NT$8.80 | NT$42.45 | x |
| 2017-12-31 | NT$11.33 | NT$42.45 | x |
| 2018-12-31 | NT$10.08 | NT$42.45 | x |
| 2019-12-31 | NT$10.23 | NT$42.45 | x |
| 2020-12-31 | NT$12.65 | NT$42.45 | x |
| 2021-12-31 | NT$17.90 | NT$42.45 | x |
| 2022-12-31 | NT$12.56 | NT$42.45 | x |
| 2023-12-31 | NT$16.63 | NT$42.45 | x |
| 2024-12-31 | NT$19.93 | NT$42.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Copper Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.49%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.26x
- Recent ROE (3.70%) is above the historical average (3.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.28% | 4.14% | 0.60x | 1.32x | NT$-244.31 Million |
| 2003 | 5.34% | 6.80% | 0.60x | 1.31x | NT$-180.56 Million |
| 2004 | 6.82% | 6.43% | 0.72x | 1.48x | NT$-126.77 Million |
| 2005 | 6.77% | 5.78% | 0.92x | 1.27x | NT$-129.44 Million |
| 2006 | 12.05% | 7.20% | 1.19x | 1.40x | NT$97.74 Million |
| 2007 | 9.68% | 5.14% | 1.35x | 1.39x | NT$-14.87 Million |
| 2009 | 14.55% | 13.91% | 0.77x | 1.36x | NT$199.62 Million |
| 2010 | 9.24% | 6.62% | 0.97x | 1.44x | NT$-35.99 Million |
| 2011 | -0.97% | -0.62% | 0.96x | 1.63x | NT$-387.12 Million |
| 2012 | 0.43% | 0.45% | 0.70x | 1.36x | NT$-416.19 Million |
| 2013 | 0.64% | 0.74% | 0.63x | 1.37x | NT$-409.72 Million |
| 2014 | 3.31% | 3.28% | 0.69x | 1.47x | NT$-271.16 Million |
| 2015 | -11.84% | -10.64% | 0.70x | 1.59x | NT$-628.14 Million |
| 2016 | -5.03% | -6.36% | 0.49x | 1.62x | NT$-475.79 Million |
| 2017 | 6.62% | 8.85% | 0.51x | 1.48x | NT$-137.75 Million |
| 2018 | 2.35% | 2.74% | 0.60x | 1.42x | NT$-277.35 Million |
| 2019 | -2.70% | -3.90% | 0.48x | 1.44x | NT$-467.10 Million |
| 2020 | 1.74% | 3.50% | 0.37x | 1.33x | NT$-375.66 Million |
| 2021 | 6.56% | 13.13% | 0.39x | 1.29x | NT$-221.73 Million |
| 2022 | 4.36% | 6.80% | 0.44x | 1.45x | NT$-255.20 Million |
| 2023 | -0.16% | -0.36% | 0.33x | 1.33x | NT$-607.48 Million |
| 2024 | 3.70% | 8.49% | 0.35x | 1.26x | NT$-451.63 Million |
Industry Comparison
This section compares First Copper Technology Co Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $443,381,000
- Average return on equity (ROE) among peers: 41.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Copper Technology Co Ltd (2009) | NT$8.38 Billion | 3.28% | 0.21x | $262.55 Million |
| LCY Technology Corp (4989) | $443.38 Million | 41.35% | 5.45x | $101.69 Million |