CMC Magnetics Corp (2323) - Net Assets
Based on the latest financial reports, CMC Magnetics Corp (2323) has net assets worth NT$18.05 Billion TWD (≈ $568.62 Million 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$28.55 Billion ≈ $899.50 Million USD) and total liabilities (NT$10.50 Billion ≈ $330.89 Million 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 asset resilience ratio of CMC Magnetics Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$18.05 Billion |
| % of Total Assets | 63.21% |
| Annual Growth Rate | -3.01% |
| 5-Year Change | -6.76% |
| 10-Year Change | -25.4% |
| Growth Volatility | 11.99 |
CMC Magnetics Corp - Net Assets Trend (2000–2024)
This chart illustrates how CMC Magnetics Corp's net assets have evolved over time, based on quarterly financial data. Also explore CMC Magnetics Corp balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for CMC Magnetics Corp (2000–2024)
The table below shows the annual net assets of CMC Magnetics Corp from 2000 to 2024. For live valuation and market cap data, see 2323 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$18.02 Billion ≈ $567.61 Million |
-4.27% |
| 2023-12-31 | NT$18.82 Billion ≈ $592.92 Million |
+11.60% |
| 2022-12-31 | NT$16.86 Billion ≈ $531.30 Million |
-8.56% |
| 2021-12-31 | NT$18.44 Billion ≈ $581.04 Million |
-4.55% |
| 2020-12-31 | NT$19.32 Billion ≈ $608.74 Million |
-1.09% |
| 2019-12-31 | NT$19.53 Billion ≈ $615.42 Million |
+0.20% |
| 2018-12-31 | NT$19.49 Billion ≈ $614.18 Million |
-0.40% |
| 2017-12-31 | NT$19.57 Billion ≈ $616.67 Million |
-7.56% |
| 2016-12-31 | NT$21.17 Billion ≈ $667.08 Million |
-12.33% |
| 2015-12-31 | NT$24.15 Billion ≈ $760.87 Million |
-13.56% |
| 2014-12-31 | NT$27.94 Billion ≈ $880.24 Million |
-6.54% |
| 2013-12-31 | NT$29.89 Billion ≈ $941.83 Million |
-10.96% |
| 2012-12-31 | NT$33.57 Billion ≈ $1.06 Billion |
-4.44% |
| 2011-12-31 | NT$35.13 Billion ≈ $1.11 Billion |
-3.86% |
| 2010-12-31 | NT$36.54 Billion ≈ $1.15 Billion |
-13.43% |
| 2009-12-31 | NT$42.21 Billion ≈ $1.33 Billion |
-6.56% |
| 2008-12-31 | NT$45.17 Billion ≈ $1.42 Billion |
-13.50% |
| 2007-12-31 | NT$52.22 Billion ≈ $1.65 Billion |
-2.76% |
| 2006-12-31 | NT$53.71 Billion ≈ $1.69 Billion |
-0.44% |
| 2005-12-31 | NT$53.95 Billion ≈ $1.70 Billion |
+0.37% |
| 2004-12-31 | NT$53.74 Billion ≈ $1.69 Billion |
-5.61% |
| 2003-12-31 | NT$56.94 Billion ≈ $1.79 Billion |
+47.52% |
| 2002-12-31 | NT$38.60 Billion ≈ $1.22 Billion |
-3.04% |
| 2001-12-31 | NT$39.81 Billion ≈ $1.25 Billion |
+6.10% |
| 2000-12-31 | NT$37.52 Billion ≈ $1.18 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to CMC Magnetics 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 105.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$10.89 Billion | 61.61% |
| Other Comprehensive Income | NT$251.54 Million | 1.42% |
| Other Components | NT$6.78 Billion | 38.36% |
| Total Equity | NT$17.68 Billion | 100.00% |
CMC Magnetics Corp Competitors by Market Cap
The table below lists competitors of CMC Magnetics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INPAQ Technology Co Ltd
TWO:6284
|
$348.42 Million |
|
Autolus Therapeutics plc
F:6A3A
|
$348.45 Million |
|
Regulus Resources Inc
V:REG
|
$348.54 Million |
|
SF Urban Properties AG
SW:SFPN
|
$348.54 Million |
|
Lands’ End Inc
NASDAQ:LE
|
$348.28 Million |
|
Semler Scientific Inc
NASDAQ:SMLR
|
$348.27 Million |
|
ON24 Inc
NYSE:ONTF
|
$348.25 Million |
|
EDREAMS ODIGEO UNS.ADR/10
F:K0I
|
$348.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CMC Magnetics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,479,903,000 to 17,681,337,000, a change of -798,566,000 (-4.3%).
- Net loss of 290,103,000 reduced equity.
- Dividend payments of 740,757,000 reduced retained earnings.
- Other comprehensive income increased equity by 48,559,000.
- Other factors increased equity by 183,735,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-290.10 Million | -1.64% |
| Dividends Paid | NT$740.76 Million | -4.19% |
| Other Comprehensive Income | NT$48.56 Million | +0.27% |
| Other Changes | NT$183.74 Million | +1.04% |
| Total Change | NT$- | -4.32% |
Book Value vs Market Value Analysis
This analysis compares CMC Magnetics 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: 0.63x
- 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 increased from 0.30x to 0.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$34.38 | NT$10.15 | x |
| 2007-12-31 | NT$34.70 | NT$10.15 | x |
| 2008-12-31 | NT$29.92 | NT$10.15 | x |
| 2009-12-31 | NT$28.92 | NT$10.15 | x |
| 2010-12-31 | NT$24.65 | NT$10.15 | x |
| 2011-12-31 | NT$23.55 | NT$10.15 | x |
| 2012-12-31 | NT$22.81 | NT$10.15 | x |
| 2013-12-31 | NT$20.58 | NT$10.15 | x |
| 2014-12-31 | NT$20.12 | NT$10.15 | x |
| 2015-12-31 | NT$18.23 | NT$10.15 | x |
| 2016-12-31 | NT$16.11 | NT$10.15 | x |
| 2017-12-31 | NT$16.45 | NT$10.15 | x |
| 2018-12-31 | NT$16.84 | NT$10.15 | x |
| 2019-12-31 | NT$17.64 | NT$10.15 | x |
| 2020-12-31 | NT$17.41 | NT$10.15 | x |
| 2021-12-31 | NT$16.62 | NT$10.15 | x |
| 2022-12-31 | NT$14.61 | NT$10.15 | x |
| 2023-12-31 | NT$16.95 | NT$10.15 | x |
| 2024-12-31 | NT$16.23 | NT$10.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CMC Magnetics 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): -1.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.90%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.48x
- Recent ROE (-1.64%) is above the historical average (-2.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.43% | 20.62% | 0.36x | 1.55x | NT$532.49 Million |
| 2001 | 8.54% | 16.75% | 0.30x | 1.69x | NT$-577.02 Million |
| 2003 | 12.04% | 20.75% | 0.35x | 1.65x | NT$1.15 Billion |
| 2006 | 0.57% | 0.89% | 0.39x | 1.66x | NT$-5.00 Billion |
| 2007 | -3.82% | -6.33% | 0.36x | 1.68x | NT$-7.09 Billion |
| 2008 | -14.07% | -24.15% | 0.32x | 1.79x | NT$-10.53 Billion |
| 2009 | -7.19% | -11.49% | 0.38x | 1.65x | NT$-7.06 Billion |
| 2010 | -16.35% | -22.95% | 0.42x | 1.70x | NT$-9.24 Billion |
| 2011 | -5.00% | -6.71% | 0.47x | 1.59x | NT$-5.10 Billion |
| 2012 | -1.97% | -3.30% | 0.40x | 1.49x | NT$-3.90 Billion |
| 2013 | -12.19% | -22.51% | 0.38x | 1.44x | NT$-6.44 Billion |
| 2014 | -6.39% | -10.70% | 0.41x | 1.46x | NT$-4.43 Billion |
| 2015 | -11.41% | -21.09% | 0.38x | 1.42x | NT$-5.06 Billion |
| 2016 | -11.52% | -21.62% | 0.37x | 1.42x | NT$-4.43 Billion |
| 2017 | -5.91% | -12.32% | 0.35x | 1.36x | NT$-3.04 Billion |
| 2018 | 2.26% | 4.94% | 0.34x | 1.33x | NT$-1.48 Billion |
| 2019 | 1.19% | 3.25% | 0.28x | 1.32x | NT$-1.69 Billion |
| 2020 | 0.59% | 1.18% | 0.38x | 1.31x | NT$-1.79 Billion |
| 2021 | 0.89% | 1.85% | 0.36x | 1.33x | NT$-1.65 Billion |
| 2022 | -6.55% | -14.08% | 0.33x | 1.41x | NT$-2.74 Billion |
| 2023 | 9.47% | 23.70% | 0.29x | 1.38x | NT$-97.75 Million |
| 2024 | -1.64% | -3.90% | 0.28x | 1.48x | NT$-2.06 Billion |
Industry Comparison
This section compares CMC Magnetics Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,750,634,778
- Average return on equity (ROE) among peers: -1.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CMC Magnetics Corp (2323) | NT$18.05 Billion | 11.43% | 0.58x | $348.35 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About CMC Magnetics Corp
CMC Magnetics Corporation manufactures, sells, and distributes consumer electronic products in Taiwan, the Americas, Japan, Mainland China, rest of Asia, Europe, and internationally. The company operates through Storage Media, Other Optoelectronics, Investment, and Other segments. It offers M-disc; CD-R and DVD-R Shiny Silver Lacquer, Inkjet Printable, WaterShield, and Thermal, as well as DVD-R H… Read more