Winbond Electronics Corp (2344) - Net Assets
Based on the latest financial reports, Winbond Electronics Corp (2344) has net assets worth NT$173.54 Billion TWD (≈ $5.47 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$293.03 Billion ≈ $9.23 Billion USD) and total liabilities (NT$119.49 Billion ≈ $3.76 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 strategic asset allocation of Winbond Electronics Corp to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$173.54 Billion |
| % of Total Assets | 59.22% |
| Annual Growth Rate | 1.53% |
| 5-Year Change | 26.76% |
| 10-Year Change | 152.38% |
| Growth Volatility | 12.92 |
Winbond Electronics Corp - Net Assets Trend (2000–2025)
This chart illustrates how Winbond Electronics Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Winbond Electronics Corp stock valuation.
Annual Net Assets for Winbond Electronics Corp (2000–2025)
The table below shows the annual net assets of Winbond Electronics Corp from 2000 to 2025. Also explore how fast is Winbond Electronics Corp growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$114.13 Billion ≈ $3.60 Billion |
+15.10% |
| 2024-12-31 | NT$99.16 Billion ≈ $3.12 Billion |
-1.29% |
| 2023-12-31 | NT$100.46 Billion ≈ $3.17 Billion |
-2.21% |
| 2022-12-31 | NT$102.73 Billion ≈ $3.24 Billion |
+14.11% |
| 2021-12-31 | NT$90.03 Billion ≈ $2.84 Billion |
+27.54% |
| 2020-12-31 | NT$70.59 Billion ≈ $2.22 Billion |
+10.55% |
| 2019-12-31 | NT$63.86 Billion ≈ $2.01 Billion |
-0.05% |
| 2018-12-31 | NT$63.89 Billion ≈ $2.01 Billion |
+3.67% |
| 2017-12-31 | NT$61.63 Billion ≈ $1.94 Billion |
+36.28% |
| 2016-12-31 | NT$45.22 Billion ≈ $1.42 Billion |
+12.77% |
| 2015-12-31 | NT$40.10 Billion ≈ $1.26 Billion |
+2.03% |
| 2014-12-31 | NT$39.30 Billion ≈ $1.24 Billion |
+9.51% |
| 2013-12-31 | NT$35.89 Billion ≈ $1.13 Billion |
+3.55% |
| 2012-12-31 | NT$34.66 Billion ≈ $1.09 Billion |
-4.85% |
| 2011-12-31 | NT$36.43 Billion ≈ $1.15 Billion |
-5.55% |
| 2010-12-31 | NT$38.57 Billion ≈ $1.22 Billion |
+12.06% |
| 2009-12-31 | NT$34.42 Billion ≈ $1.08 Billion |
-10.03% |
| 2008-12-31 | NT$38.25 Billion ≈ $1.21 Billion |
-24.80% |
| 2007-12-31 | NT$50.87 Billion ≈ $1.60 Billion |
-10.69% |
| 2006-12-31 | NT$56.96 Billion ≈ $1.79 Billion |
+3.13% |
| 2005-12-31 | NT$55.23 Billion ≈ $1.74 Billion |
-8.37% |
| 2004-12-31 | NT$60.28 Billion ≈ $1.90 Billion |
+1.58% |
| 2003-12-31 | NT$59.34 Billion ≈ $1.87 Billion |
-2.78% |
| 2002-12-31 | NT$61.04 Billion ≈ $1.92 Billion |
-8.57% |
| 2001-12-31 | NT$66.76 Billion ≈ $2.10 Billion |
-14.53% |
| 2000-12-31 | NT$78.11 Billion ≈ $2.46 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Winbond Electronics 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 168.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$27.09 Billion | 25.10% |
| Common Stock | NT$45.00 Billion | 41.69% |
| Other Comprehensive Income | NT$22.45 Billion | 20.80% |
| Other Components | NT$13.39 Billion | 12.41% |
| Total Equity | NT$107.94 Billion | 100.00% |
Winbond Electronics Corp Competitors by Market Cap
The table below lists competitors of Winbond Electronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dr Ing hcF Porsche AG
F:P911
|
$23.96 Billion |
|
Repsol S.A
F:REPA
|
$23.97 Billion |
|
SharkNinja, Inc.
NYSE:SN
|
$24.04 Billion |
|
Amadeus IT Group S.A.
MC:AMS
|
$24.05 Billion |
|
Hapag Lloyd AG
XETRA:HLAG
|
$23.92 Billion |
|
Aspeed Technology
TWO:5274
|
$23.91 Billion |
|
POP MART INT.GRP.DL-0001
F:735
|
$23.91 Billion |
|
Semiconductor Manufacturing International Corporation
F:MKN2
|
$23.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winbond Electronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 91,651,488,000 to 107,935,967,000, a change of 16,284,479,000 (17.8%).
- Net income of 3,961,929,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 17,484,049,000.
- Other factors decreased equity by 5,161,499,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.96 Billion | +3.67% |
| Other Comprehensive Income | NT$17.48 Billion | +16.2% |
| Other Changes | NT$-5.16 Billion | -4.78% |
| Total Change | NT$- | 17.77% |
Book Value vs Market Value Analysis
This analysis compares Winbond Electronics 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: 7.05x
- 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 decreased from 12.24x to 7.05x 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$13.81 | NT$169.00 | x |
| 2007-12-31 | NT$13.53 | NT$169.00 | x |
| 2008-12-31 | NT$10.28 | NT$169.00 | x |
| 2009-12-31 | NT$9.16 | NT$169.00 | x |
| 2010-12-31 | NT$10.08 | NT$169.00 | x |
| 2011-12-31 | NT$9.52 | NT$169.00 | x |
| 2012-12-31 | NT$8.99 | NT$169.00 | x |
| 2013-12-31 | NT$9.33 | NT$169.00 | x |
| 2014-12-31 | NT$10.22 | NT$169.00 | x |
| 2015-12-31 | NT$10.53 | NT$169.00 | x |
| 2016-12-31 | NT$12.28 | NT$169.00 | x |
| 2017-12-31 | NT$16.67 | NT$169.00 | x |
| 2018-12-31 | NT$15.64 | NT$169.00 | x |
| 2019-12-31 | NT$15.19 | NT$169.00 | x |
| 2020-12-31 | NT$16.30 | NT$169.00 | x |
| 2021-12-31 | NT$20.49 | NT$169.00 | x |
| 2022-12-31 | NT$23.35 | NT$169.00 | x |
| 2023-12-31 | NT$23.02 | NT$169.00 | x |
| 2024-12-31 | NT$21.30 | NT$169.00 | x |
| 2025-12-31 | NT$23.97 | NT$169.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winbond Electronics Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.43%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.78x
- Recent ROE (3.67%) is above the historical average (1.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 5.50% | 10.48% | 0.48x | 1.10x | NT$-2.71 Billion |
| 2006 | 4.15% | 6.66% | 0.38x | 1.63x | NT$-3.33 Billion |
| 2007 | -11.43% | -17.67% | 0.34x | 1.88x | NT$-10.90 Billion |
| 2008 | -19.25% | -28.72% | 0.34x | 1.98x | NT$-11.19 Billion |
| 2009 | -25.44% | -32.26% | 0.40x | 1.99x | NT$-12.00 Billion |
| 2010 | 9.48% | 8.89% | 0.60x | 1.78x | NT$-193.12 Million |
| 2011 | -2.39% | -2.43% | 0.57x | 1.72x | NT$-4.38 Billion |
| 2012 | -5.53% | -5.62% | 0.59x | 1.68x | NT$-5.20 Billion |
| 2013 | 0.59% | 0.62% | 0.60x | 1.60x | NT$-3.27 Billion |
| 2014 | 8.06% | 8.10% | 0.59x | 1.70x | NT$-742.36 Million |
| 2015 | 8.46% | 8.58% | 0.61x | 1.61x | NT$-598.95 Million |
| 2016 | 6.60% | 6.88% | 0.62x | 1.55x | NT$-1.49 Billion |
| 2017 | 9.22% | 11.66% | 0.54x | 1.46x | NT$-470.65 Million |
| 2018 | 11.93% | 14.55% | 0.53x | 1.54x | NT$1.20 Billion |
| 2019 | 2.06% | 2.58% | 0.47x | 1.72x | NT$-4.85 Billion |
| 2020 | 1.99% | 2.15% | 0.48x | 1.93x | NT$-5.24 Billion |
| 2021 | 16.49% | 13.65% | 0.65x | 1.85x | NT$5.35 Billion |
| 2022 | 13.73% | 13.68% | 0.51x | 1.96x | NT$3.51 Billion |
| 2023 | -1.24% | -1.53% | 0.39x | 2.07x | NT$-10.38 Billion |
| 2024 | 0.66% | 0.74% | 0.46x | 1.94x | NT$-8.56 Billion |
| 2025 | 3.67% | 4.43% | 0.47x | 1.78x | NT$-6.83 Billion |
Industry Comparison
This section compares Winbond Electronics Corp's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $143,673,469,889
- Average return on equity (ROE) among peers: 8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winbond Electronics Corp (2344) | NT$173.54 Billion | 5.50% | 0.69x | $23.96 Billion |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $16.53 Million |
| United Microelectronics Corporation (2303) | $361.41 Billion | 16.88% | 0.55x | $56.24 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.77 Billion | 0.00% | 3.01x | $883.36 Million |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $834.11 Billion | 22.06% | 0.51x | $1.94 Trillion |
| Macronix International Co Ltd (2337) | $36.41 Billion | 12.78% | 0.24x | $7.42 Billion |
| Optotech Corp (2340) | $8.50 Billion | 3.62% | 0.47x | $456.62 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $201.25 Million |
| Silicon Integrated Systems Corp (2363) | $18.41 Billion | 4.28% | 0.11x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $21.86 Billion | 15.52% | 1.39x | $11.63 Billion |
About Winbond Electronics Corp
Winbond Electronics Corporation engages in the research, development, production and sales of integrated circuits, various semiconductor components and other system products. The company offers customized memory solutions, including CUBE(3DCaaS), pseudo static random access memory, DDR/SDR, LPDDR/LPSDR, Known Good Die wafer products; electrical simulation, wafer-level speed testing, and other ser… Read more