Macronix International Co Ltd
Macronix International Co., Ltd. engages in the design, manufacture, and supply of integrated circuits and memory chips. The company provides a range of NOR flash, NAND flash, e MMC, and read-only memory products. It also offers wafer foundry services to IC design and IDM companies; ArmorFlash, a security solution for a range of identification, authentication, and encryption requirements; and Lyb… Read more
Macronix International Co Ltd (2337) - Net Assets
Latest net assets as of September 2025: NT$42.59 Billion TWD
Based on the latest financial reports, Macronix International Co Ltd (2337) has net assets worth NT$42.59 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$76.22 Billion) and total liabilities (NT$33.64 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$42.59 Billion |
| % of Total Assets | 55.87% |
| Annual Growth Rate | -0.06% |
| 5-Year Change | 21.51% |
| 10-Year Change | 138.65% |
| Growth Volatility | 16.7 |
Macronix International Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Macronix International 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 Macronix International Co Ltd (2000–2024)
The table below shows the annual net assets of Macronix International Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$43.98 Billion | -8.99% |
| 2023-12-31 | NT$48.33 Billion | -8.14% |
| 2022-12-31 | NT$52.61 Billion | +12.59% |
| 2021-12-31 | NT$46.73 Billion | +29.10% |
| 2020-12-31 | NT$36.19 Billion | +11.39% |
| 2019-12-31 | NT$32.49 Billion | +3.61% |
| 2018-12-31 | NT$31.36 Billion | +27.19% |
| 2017-12-31 | NT$24.66 Billion | +34.59% |
| 2016-12-31 | NT$18.32 Billion | -0.59% |
| 2015-12-31 | NT$18.43 Billion | -19.09% |
| 2014-12-31 | NT$22.78 Billion | -20.70% |
| 2013-12-31 | NT$28.73 Billion | -18.62% |
| 2012-12-31 | NT$35.30 Billion | -16.13% |
| 2011-12-31 | NT$42.09 Billion | -7.21% |
| 2010-12-31 | NT$45.35 Billion | +9.21% |
| 2009-12-31 | NT$41.53 Billion | +11.81% |
| 2008-12-31 | NT$37.14 Billion | +2.02% |
| 2007-12-31 | NT$36.41 Billion | +16.59% |
| 2006-12-31 | NT$31.23 Billion | +8.58% |
| 2005-12-31 | NT$28.76 Billion | -16.28% |
| 2004-12-31 | NT$34.35 Billion | +17.03% |
| 2003-12-31 | NT$29.36 Billion | -2.84% |
| 2002-12-31 | NT$30.22 Billion | -29.97% |
| 2001-12-31 | NT$43.14 Billion | -3.21% |
| 2000-12-31 | NT$44.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Macronix International 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 77.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$19.05 Billion | 43.32% |
| Common Stock | NT$18.56 Billion | 42.20% |
| Other Comprehensive Income | NT$6.12 Billion | 13.92% |
| Other Components | NT$248.12 Million | 0.56% |
| Total Equity | NT$43.98 Billion | 100.00% |
Macronix International Co Ltd Competitors by Market Cap
The table below lists competitors of Macronix International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Definity Financial Corp
TO:DFY
|
$5.52 Billion |
|
Valaris Ltd
NYSE:VAL
|
$5.52 Billion |
|
Turkiye Halk Bankasi
IS:HALKB
|
$5.53 Billion |
|
DB Insurance Co Ltd
KO:005830
|
$5.53 Billion |
|
Leo Group Co Ltd
SHE:002131
|
$5.52 Billion |
|
KEDA INDL GRP.C.LTD GDR A
F:T0T
|
$5.51 Billion |
|
DFYFF
PINK:DFYFF
|
$5.51 Billion |
|
Shenzhen Megmeet Electrical Co Ltd
SHE:002851
|
$5.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Macronix International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,324,821,000 to 43,977,313,000, a change of -4,347,508,000 (-9.0%).
- Net loss of 3,213,560,000 reduced equity.
- Dividend payments of 926,935,000 reduced retained earnings.
- Other comprehensive income decreased equity by 182,716,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-3.21 Billion | -7.31% |
| Dividends Paid | NT$926.93 Million | -2.11% |
| Other Comprehensive Income | NT$-182.72 Million | -0.42% |
| Other Changes | NT$-24.30 Million | -0.06% |
| Total Change | NT$- | -9.00% |
Book Value vs Market Value Analysis
This analysis compares Macronix International 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: 4.57x
- 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 increased from 2.99x to 4.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | NT$36.31 | NT$108.50 | x |
| 2002-12-31 | NT$25.43 | NT$108.50 | x |
| 2003-12-31 | NT$23.39 | NT$108.50 | x |
| 2004-12-31 | NT$22.68 | NT$108.50 | x |
| 2005-12-31 | NT$18.18 | NT$108.50 | x |
| 2006-12-31 | NT$19.18 | NT$108.50 | x |
| 2007-12-31 | NT$21.35 | NT$108.50 | x |
| 2008-12-31 | NT$21.18 | NT$108.50 | x |
| 2009-12-31 | NT$23.58 | NT$108.50 | x |
| 2010-12-31 | NT$25.15 | NT$108.50 | x |
| 2011-12-31 | NT$23.39 | NT$108.50 | x |
| 2012-12-31 | NT$19.97 | NT$108.50 | x |
| 2013-12-31 | NT$16.25 | NT$108.50 | x |
| 2014-12-31 | NT$12.90 | NT$108.50 | x |
| 2015-12-31 | NT$10.42 | NT$108.50 | x |
| 2016-12-31 | NT$10.27 | NT$108.50 | x |
| 2017-12-31 | NT$13.27 | NT$108.50 | x |
| 2018-12-31 | NT$16.23 | NT$108.50 | x |
| 2019-12-31 | NT$17.40 | NT$108.50 | x |
| 2020-12-31 | NT$19.28 | NT$108.50 | x |
| 2021-12-31 | NT$24.42 | NT$108.50 | x |
| 2022-12-31 | NT$27.44 | NT$108.50 | x |
| 2023-12-31 | NT$26.07 | NT$108.50 | x |
| 2024-12-31 | NT$23.72 | NT$108.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Macronix International Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.42%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.77x
- Recent ROE (-7.31%) is below the historical average (-0.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -2.01% | -3.98% | 0.30x | 1.66x | NT$-5.18 Billion |
| 2002 | -37.59% | -68.86% | 0.24x | 2.25x | NT$-14.38 Billion |
| 2003 | -28.03% | -46.28% | 0.29x | 2.10x | NT$-11.12 Billion |
| 2004 | 0.63% | 0.93% | 0.43x | 1.58x | NT$-3.22 Billion |
| 2005 | -24.61% | -37.16% | 0.41x | 1.60x | NT$-9.88 Billion |
| 2006 | 6.36% | 8.44% | 0.58x | 1.29x | NT$-1.14 Billion |
| 2007 | 12.90% | 18.35% | 0.56x | 1.25x | NT$1.05 Billion |
| 2008 | 12.22% | 18.42% | 0.55x | 1.20x | NT$820.70 Million |
| 2009 | 13.76% | 21.22% | 0.56x | 1.15x | NT$1.56 Billion |
| 2010 | 17.25% | 27.76% | 0.46x | 1.35x | NT$3.27 Billion |
| 2011 | 6.95% | 10.33% | 0.41x | 1.62x | NT$-1.28 Billion |
| 2012 | -15.43% | -22.45% | 0.39x | 1.77x | NT$-8.96 Billion |
| 2013 | -21.99% | -28.40% | 0.41x | 1.88x | NT$-9.17 Billion |
| 2014 | -28.38% | -28.83% | 0.50x | 1.97x | NT$-8.74 Billion |
| 2015 | -22.73% | -20.01% | 0.56x | 2.04x | NT$-6.03 Billion |
| 2016 | -1.33% | -1.01% | 0.68x | 1.94x | NT$-2.07 Billion |
| 2017 | 22.38% | 16.14% | 0.77x | 1.79x | NT$3.05 Billion |
| 2018 | 28.68% | 24.34% | 0.63x | 1.88x | NT$5.86 Billion |
| 2019 | 9.27% | 8.61% | 0.58x | 1.87x | NT$-237.18 Million |
| 2020 | 14.72% | 13.38% | 0.60x | 1.82x | NT$1.71 Billion |
| 2021 | 25.60% | 23.65% | 0.66x | 1.64x | NT$7.29 Billion |
| 2022 | 17.05% | 20.63% | 0.52x | 1.59x | NT$3.71 Billion |
| 2023 | -3.52% | -6.15% | 0.36x | 1.61x | NT$-6.53 Billion |
| 2024 | -7.31% | -12.42% | 0.33x | 1.77x | NT$-7.61 Billion |
Industry Comparison
This section compares Macronix International Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,122,049,556
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Macronix International Co Ltd (2337) | NT$42.59 Billion | -2.01% | 0.79x | $5.52 Billion |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |