Mospec Semiconductor Corp
Mospec Semiconductor Corp. operates as an integrated power semiconductor company in Taiwan. It provides solar cells, epitaxial silicon wafers, polished prime wafers, wafer reclamation products, and crystalline silicon solar cells, as well as surface mount devices. The company also offers discrete components, such as Schottky barrier rectifiers, transient voltage suppressor and small signal Schott… Read more
Mospec Semiconductor Corp (2434) - Net Assets
Latest net assets as of September 2025: NT$480.58 Million TWD
Based on the latest financial reports, Mospec Semiconductor Corp (2434) has net assets worth NT$480.58 Million 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$678.50 Million) and total liabilities (NT$197.92 Million). 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$480.58 Million |
| % of Total Assets | 70.83% |
| Annual Growth Rate | -2.71% |
| 5-Year Change | 40.6% |
| 10-Year Change | -44.33% |
| Growth Volatility | 40.03 |
Mospec Semiconductor Corp - Net Assets Trend (2002–2024)
This chart illustrates how Mospec Semiconductor Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mospec Semiconductor Corp (2002–2024)
The table below shows the annual net assets of Mospec Semiconductor Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$472.26 Million | +1.93% |
| 2023-12-31 | NT$463.33 Million | -7.44% |
| 2022-12-31 | NT$500.60 Million | -5.62% |
| 2021-12-31 | NT$530.40 Million | +57.91% |
| 2020-12-31 | NT$335.88 Million | +150.01% |
| 2019-12-31 | NT$134.35 Million | -65.11% |
| 2018-12-31 | NT$385.02 Million | -31.31% |
| 2017-12-31 | NT$560.54 Million | -20.24% |
| 2016-12-31 | NT$702.76 Million | -17.15% |
| 2015-12-31 | NT$848.25 Million | -25.43% |
| 2014-12-31 | NT$1.14 Billion | +30.55% |
| 2013-12-31 | NT$871.35 Million | -9.79% |
| 2012-12-31 | NT$965.94 Million | -16.59% |
| 2011-12-31 | NT$1.16 Billion | -3.24% |
| 2010-12-31 | NT$1.20 Billion | -5.85% |
| 2009-12-31 | NT$1.27 Billion | +38.76% |
| 2008-12-31 | NT$916.12 Million | -8.91% |
| 2007-12-31 | NT$1.01 Billion | +5.79% |
| 2006-12-31 | NT$950.74 Million | -2.34% |
| 2005-12-31 | NT$973.48 Million | +4.99% |
| 2004-12-31 | NT$927.21 Million | +4.42% |
| 2003-12-31 | NT$887.96 Million | +2.84% |
| 2002-12-31 | NT$863.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mospec Semiconductor 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 85.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.25 Million | 1.11% |
| Common Stock | NT$370.00 Million | 78.35% |
| Other Comprehensive Income | NT$-4.40 Million | -0.93% |
| Other Components | NT$101.42 Million | 21.48% |
| Total Equity | NT$472.26 Million | 100.00% |
Mospec Semiconductor Corp Competitors by Market Cap
The table below lists competitors of Mospec Semiconductor Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rank Progress S.A.
WAR:RNK
|
$18.26 Million |
|
Intrepid Metals Corp.
OTCQB:IMTCF
|
$18.27 Million |
|
Studio Mir Co. Ltd.
KQ:408900
|
$18.28 Million |
|
WOOJUNG BIO Inc
KQ:215380
|
$18.28 Million |
|
Ekiz Kimya Sanayi ve Ticaret AS
IS:EKIZ
|
$18.26 Million |
|
Flanigans Enterprises Inc
NYSE MKT:BDL
|
$18.25 Million |
|
Onyx Gold Corp.
PINK:ONXGF
|
$18.25 Million |
|
ENGILITY HLDGS
F:EH2
|
$18.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mospec Semiconductor Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 463,333,000 to 472,264,000, a change of 8,931,000 (1.9%).
- Net income of 5,246,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 3,685,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.25 Million | +1.11% |
| Other Comprehensive Income | NT$3.69 Million | +0.78% |
| Total Change | NT$- | 1.93% |
Book Value vs Market Value Analysis
This analysis compares Mospec Semiconductor 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: 2.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.41x to 2.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$72.86 | NT$29.60 | x |
| 2005-12-31 | NT$102.23 | NT$29.60 | x |
| 2006-12-31 | NT$67.19 | NT$29.60 | x |
| 2007-12-31 | NT$71.08 | NT$29.60 | x |
| 2008-12-31 | NT$64.74 | NT$29.60 | x |
| 2009-12-31 | NT$67.69 | NT$29.60 | x |
| 2010-12-31 | NT$55.50 | NT$29.60 | x |
| 2011-12-31 | NT$49.16 | NT$29.60 | x |
| 2012-12-31 | NT$39.69 | NT$29.60 | x |
| 2013-12-31 | NT$44.34 | NT$29.60 | x |
| 2014-12-31 | NT$42.68 | NT$29.60 | x |
| 2015-12-31 | NT$31.83 | NT$29.60 | x |
| 2016-12-31 | NT$41.34 | NT$29.60 | x |
| 2017-12-31 | NT$32.97 | NT$29.60 | x |
| 2018-12-31 | NT$22.65 | NT$29.60 | x |
| 2019-12-31 | NT$7.90 | NT$29.60 | x |
| 2020-12-31 | NT$17.55 | NT$29.60 | x |
| 2021-12-31 | NT$15.20 | NT$29.60 | x |
| 2022-12-31 | NT$13.53 | NT$29.60 | x |
| 2023-12-31 | NT$12.52 | NT$29.60 | x |
| 2024-12-31 | NT$12.76 | NT$29.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mospec Semiconductor Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.34%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.54x
- Recent ROE (1.11%) is above the historical average (-15.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.85% | 5.44% | 0.40x | 1.75x | NT$-53.09 Million |
| 2003 | 3.51% | 5.93% | 0.34x | 1.74x | NT$-57.64 Million |
| 2004 | 7.73% | 11.16% | 0.46x | 1.50x | NT$-21.04 Million |
| 2005 | 6.68% | 9.88% | 0.49x | 1.38x | NT$-32.33 Million |
| 2006 | 3.73% | 4.79% | 0.56x | 1.39x | NT$-59.66 Million |
| 2007 | 4.65% | 6.15% | 0.47x | 1.60x | NT$-53.82 Million |
| 2008 | -9.58% | -13.35% | 0.35x | 2.03x | NT$-179.40 Million |
| 2009 | -6.64% | -12.41% | 0.34x | 1.56x | NT$-211.59 Million |
| 2010 | -5.67% | -8.10% | 0.45x | 1.57x | NT$-187.56 Million |
| 2011 | -20.39% | -30.79% | 0.47x | 1.42x | NT$-351.97 Million |
| 2012 | -18.04% | -35.81% | 0.32x | 1.56x | NT$-270.88 Million |
| 2013 | -20.93% | -38.41% | 0.31x | 1.78x | NT$-269.52 Million |
| 2014 | 23.82% | 105.71% | 0.15x | 1.47x | NT$157.24 Million |
| 2015 | -34.02% | -133.14% | 0.18x | 1.43x | NT$-373.41 Million |
| 2016 | -17.97% | -55.39% | 0.21x | 1.56x | NT$-196.54 Million |
| 2017 | -23.09% | -49.45% | 0.26x | 1.81x | NT$-185.50 Million |
| 2018 | -46.94% | -59.31% | 0.35x | 2.26x | NT$-219.23 Million |
| 2019 | -178.25% | -144.94% | 0.25x | 4.87x | NT$-252.92 Million |
| 2020 | -1.87% | -4.69% | 0.24x | 1.64x | NT$-39.85 Million |
| 2021 | -3.55% | -13.92% | 0.21x | 1.23x | NT$-71.88 Million |
| 2022 | -6.98% | -38.05% | 0.14x | 1.36x | NT$-85.01 Million |
| 2023 | -7.84% | -57.56% | 0.10x | 1.40x | NT$-82.64 Million |
| 2024 | 1.11% | 10.34% | 0.07x | 1.54x | NT$-41.98 Million |
Industry Comparison
This section compares Mospec Semiconductor Corp's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mospec Semiconductor Corp (2434) | NT$480.58 Million | 3.85% | 0.41x | $18.26 Million |
| 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 |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| 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 |