Elite Material Co Ltd
Elite Material Co., Ltd. engages in the production and sale of copper clad laminates, electronic-industrial specialty chemical and raw materials, and electronic components in Taiwan, China, and internationally. The company also offers printed circuit boards, mass lamination panels, and prepreg. Its products are used in various industries, including mobile devices, cloud data centers, infrastructu… Read more
Elite Material Co Ltd (2383) - Net Assets
Latest net assets as of December 2025: NT$50.44 Billion TWD
Based on the latest financial reports, Elite Material Co Ltd (2383) has net assets worth NT$50.44 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$107.91 Billion) and total liabilities (NT$57.48 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$50.44 Billion |
| % of Total Assets | 46.74% |
| Annual Growth Rate | 15.03% |
| 5-Year Change | 155.06% |
| 10-Year Change | 379.79% |
| Growth Volatility | 11.01 |
Elite Material Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Elite Material 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 Elite Material Co Ltd (2002–2025)
The table below shows the annual net assets of Elite Material Co Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$50.44 Billion | +43.72% |
| 2024-12-31 | NT$35.09 Billion | +30.90% |
| 2023-12-31 | NT$26.81 Billion | +21.45% |
| 2022-12-31 | NT$22.07 Billion | +11.63% |
| 2021-12-31 | NT$19.77 Billion | +18.01% |
| 2020-12-31 | NT$16.76 Billion | +23.78% |
| 2019-12-31 | NT$13.54 Billion | +13.61% |
| 2018-12-31 | NT$11.91 Billion | +0.26% |
| 2017-12-31 | NT$11.88 Billion | +13.05% |
| 2016-12-31 | NT$10.51 Billion | +8.46% |
| 2015-12-31 | NT$9.69 Billion | +18.55% |
| 2014-12-31 | NT$8.18 Billion | +18.36% |
| 2013-12-31 | NT$6.91 Billion | +9.49% |
| 2012-12-31 | NT$6.31 Billion | +11.47% |
| 2011-12-31 | NT$5.66 Billion | +14.31% |
| 2010-12-31 | NT$4.95 Billion | +15.84% |
| 2009-12-31 | NT$4.27 Billion | +22.85% |
| 2008-12-31 | NT$3.48 Billion | +1.57% |
| 2007-12-31 | NT$3.43 Billion | +14.05% |
| 2006-12-31 | NT$3.00 Billion | +34.66% |
| 2005-12-31 | NT$2.23 Billion | +7.74% |
| 2004-12-31 | NT$2.07 Billion | +12.40% |
| 2003-12-31 | NT$1.84 Billion | -8.55% |
| 2002-12-31 | NT$2.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elite Material 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 2973373700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$29.73 Billion | 58.93% |
| Common Stock | NT$3.58 Billion | 7.10% |
| Other Comprehensive Income | NT$17.04 Billion | 33.78% |
| Other Components | NT$95.63 Million | 0.19% |
| Total Equity | NT$50.46 Billion | 100.00% |
Elite Material Co Ltd Competitors by Market Cap
The table below lists competitors of Elite Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caseys General Stores Inc
NASDAQ:CASY
|
$24.63 Billion |
|
Dassault Systemes SE
PINK:DASTF
|
$24.68 Billion |
|
Hydro One Ltd
TO:H
|
$24.70 Billion |
|
Transurban Group
PINK:TRAUF
|
$24.79 Billion |
|
Chocoladefabriken Lindt & Sprüngli AG
PINK:COCXF
|
$24.55 Billion |
|
Live Nation Entertainment Inc
NYSE:LYV
|
$24.54 Billion |
|
Jabil Circuit Inc
NYSE:JBL
|
$24.48 Billion |
|
United Microelectronics
NYSE:UMC
|
$24.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elite Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,110,817,000 to 50,455,503,000, a change of 15,344,686,000 (43.7%).
- Net income of 14,644,888,000 contributed positively to equity growth.
- Dividend payments of 5,893,695,000 reduced retained earnings.
- Other comprehensive income increased equity by 17,042,928,000.
- Other factors decreased equity by 10,449,435,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$14.64 Billion | +29.03% |
| Dividends Paid | NT$5.89 Billion | -11.68% |
| Other Comprehensive Income | NT$17.04 Billion | +33.78% |
| Other Changes | NT$-10.45 Billion | -20.71% |
| Total Change | NT$- | 43.70% |
Book Value vs Market Value Analysis
This analysis compares Elite Material 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: 18.84x
- 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 283.79x to 18.84x 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$9.53 | NT$2705.00 | x |
| 2007-12-31 | NT$11.08 | NT$2705.00 | x |
| 2008-12-31 | NT$10.92 | NT$2705.00 | x |
| 2009-12-31 | NT$14.08 | NT$2705.00 | x |
| 2010-12-31 | NT$16.11 | NT$2705.00 | x |
| 2011-12-31 | NT$17.83 | NT$2705.00 | x |
| 2012-12-31 | NT$19.91 | NT$2705.00 | x |
| 2013-12-31 | NT$21.74 | NT$2705.00 | x |
| 2014-12-31 | NT$26.07 | NT$2705.00 | x |
| 2015-12-31 | NT$30.22 | NT$2705.00 | x |
| 2016-12-31 | NT$32.77 | NT$2705.00 | x |
| 2017-12-31 | NT$36.10 | NT$2705.00 | x |
| 2018-12-31 | NT$35.64 | NT$2705.00 | x |
| 2019-12-31 | NT$40.49 | NT$2705.00 | x |
| 2020-12-31 | NT$50.11 | NT$2705.00 | x |
| 2021-12-31 | NT$59.19 | NT$2705.00 | x |
| 2022-12-31 | NT$64.28 | NT$2705.00 | x |
| 2023-12-31 | NT$77.08 | NT$2705.00 | x |
| 2024-12-31 | NT$100.15 | NT$2705.00 | x |
| 2025-12-31 | NT$143.56 | NT$2705.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elite Material 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): 29.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.54%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.14x
- Recent ROE (29.03%) is above the historical average (18.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 12.37% | 7.37% | 0.73x | 2.30x | NT$43.43 Million |
| 2005 | 4.80% | 2.21% | 0.68x | 3.21x | NT$-100.67 Million |
| 2006 | 13.38% | 4.87% | 0.90x | 3.05x | NT$90.32 Million |
| 2007 | 11.47% | 4.13% | 0.95x | 2.92x | NT$45.56 Million |
| 2008 | 3.90% | 1.41% | 1.00x | 2.75x | NT$-197.03 Million |
| 2009 | 18.56% | 7.48% | 0.97x | 2.56x | NT$341.06 Million |
| 2010 | 24.67% | 9.04% | 1.18x | 2.31x | NT$724.71 Million |
| 2011 | 15.06% | 5.77% | 1.27x | 2.06x | NT$285.48 Million |
| 2012 | 17.90% | 7.06% | 1.17x | 2.16x | NT$497.41 Million |
| 2013 | 12.13% | 4.95% | 1.16x | 2.11x | NT$146.99 Million |
| 2014 | 18.84% | 8.15% | 1.13x | 2.05x | NT$722.08 Million |
| 2015 | 24.68% | 11.45% | 1.18x | 1.83x | NT$1.42 Billion |
| 2016 | 26.38% | 12.55% | 1.15x | 1.83x | NT$1.72 Billion |
| 2017 | 23.51% | 11.82% | 1.14x | 1.75x | NT$1.60 Billion |
| 2018 | 14.72% | 7.65% | 1.04x | 1.85x | NT$561.36 Million |
| 2019 | 23.97% | 13.03% | 0.97x | 1.90x | NT$1.89 Billion |
| 2020 | 22.04% | 13.56% | 0.98x | 1.66x | NT$2.02 Billion |
| 2021 | 27.81% | 14.27% | 1.05x | 1.85x | NT$3.52 Billion |
| 2022 | 22.98% | 13.12% | 0.89x | 1.97x | NT$2.87 Billion |
| 2023 | 20.47% | 13.29% | 0.77x | 1.99x | NT$2.81 Billion |
| 2024 | 27.28% | 14.88% | 0.85x | 2.17x | NT$6.07 Billion |
| 2025 | 29.03% | 15.54% | 0.87x | 2.14x | NT$9.60 Billion |
Industry Comparison
This section compares Elite Material Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $179,166,753,100
- Average return on equity (ROE) among peers: 8.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elite Material Co Ltd (2383) | NT$50.44 Billion | 12.37% | 1.14x | $24.57 Billion |
| Syncmold Enterprise Corp (1582) | $692.08 Million | 47.67% | 1.23x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $7.52 Billion | 6.47% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $242.74 Billion | 13.76% | 0.89x | $76.17 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.18 Billion | -5.23% | 1.12x | $6.31 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.64 Billion | 6.76% | 0.86x | $402.95 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $78.09 Billion |
| Pan-International Industrial Corp (2328) | $11.44 Billion | 3.51% | 0.70x | $546.41 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.35 Billion | 0.15% | 0.41x | $405.66 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.51 Billion | 2.62% | 0.90x | $1.34 Billion |