Mospec Semiconductor Corp (2434) - Net Assets
Based on the latest financial reports, Mospec Semiconductor Corp (2434) has net assets worth NT$471.46 Million TWD (≈ $14.85 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$703.52 Million ≈ $22.16 Million USD) and total liabilities (NT$232.07 Million ≈ $7.31 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 2434 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$471.46 Million |
| % of Total Assets | 67.01% |
| Annual Growth Rate | -2.6% |
| 5-Year Change | -11.11% |
| 10-Year Change | -32.91% |
| Growth Volatility | 39.16 |
Mospec Semiconductor Corp - Net Assets Trend (2002–2025)
This chart illustrates how Mospec Semiconductor Corp's net assets have evolved over time, based on quarterly financial data. See Mospec Semiconductor Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mospec Semiconductor Corp (2002–2025)
The table below shows the annual net assets of Mospec Semiconductor Corp from 2002 to 2025. For live valuation and market cap data, see 2434 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$471.46 Million ≈ $14.85 Million |
-0.17% |
| 2024-12-31 | NT$472.26 Million ≈ $14.88 Million |
+1.93% |
| 2023-12-31 | NT$463.33 Million ≈ $14.60 Million |
-7.44% |
| 2022-12-31 | NT$500.60 Million ≈ $15.77 Million |
-5.62% |
| 2021-12-31 | NT$530.40 Million ≈ $16.71 Million |
+57.91% |
| 2020-12-31 | NT$335.88 Million ≈ $10.58 Million |
+150.01% |
| 2019-12-31 | NT$134.35 Million ≈ $4.23 Million |
-65.11% |
| 2018-12-31 | NT$385.02 Million ≈ $12.13 Million |
-31.31% |
| 2017-12-31 | NT$560.54 Million ≈ $17.66 Million |
-20.24% |
| 2016-12-31 | NT$702.76 Million ≈ $22.14 Million |
-17.15% |
| 2015-12-31 | NT$848.25 Million ≈ $26.72 Million |
-25.43% |
| 2014-12-31 | NT$1.14 Billion ≈ $35.84 Million |
+30.55% |
| 2013-12-31 | NT$871.35 Million ≈ $27.45 Million |
-9.79% |
| 2012-12-31 | NT$965.94 Million ≈ $30.43 Million |
-16.59% |
| 2011-12-31 | NT$1.16 Billion ≈ $36.48 Million |
-3.24% |
| 2010-12-31 | NT$1.20 Billion ≈ $37.71 Million |
-5.85% |
| 2009-12-31 | NT$1.27 Billion ≈ $40.05 Million |
+38.76% |
| 2008-12-31 | NT$916.12 Million ≈ $28.86 Million |
-8.91% |
| 2007-12-31 | NT$1.01 Billion ≈ $31.69 Million |
+5.79% |
| 2006-12-31 | NT$950.74 Million ≈ $29.95 Million |
-2.34% |
| 2005-12-31 | NT$973.48 Million ≈ $30.67 Million |
+4.99% |
| 2004-12-31 | NT$927.21 Million ≈ $29.21 Million |
+4.42% |
| 2003-12-31 | NT$887.96 Million ≈ $27.98 Million |
+2.84% |
| 2002-12-31 | NT$863.43 Million ≈ $27.20 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 97.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.09 Million | 0.23% |
| Common Stock | NT$370.00 Million | 78.48% |
| Other Comprehensive Income | NT$-1.05 Million | -0.22% |
| Other Components | NT$101.42 Million | 21.51% |
| Total Equity | NT$471.46 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 |
|---|---|
|
Prodways Group SA
PA:PWG
|
$42.59 Million |
|
Korea Steel Co Ltd
KO:007280
|
$42.61 Million |
|
Homeritz Corporation Bhd
KLSE:5160
|
$42.62 Million |
|
FFI Holdings Ltd
AU:FFI
|
$42.63 Million |
|
Taiwan Benefit Co
TWO:3379
|
$42.55 Million |
|
Jerash Holdings US Inc
NASDAQ:JRSH
|
$42.54 Million |
|
Diatreme Resources Ltd
AU:DRX
|
$42.52 Million |
|
Marathon Bancorp, Inc. Common Stock
NASDAQ:MBBC
|
$42.49 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 2024 to 2025, total equity changed from 472,264,000 to 471,456,000, a change of -808,000 (-0.2%).
- Net income of 768,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 3,349,999.
- Other factors decreased equity by 4,925,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$768.00K | +0.16% |
| Other Comprehensive Income | NT$3.35 Million | +0.71% |
| Other Changes | NT$-4.93 Million | -1.04% |
| Total Change | NT$- | -0.17% |
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: 2.86x
- 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 0.50x to 2.86x 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$36.50 | x |
| 2005-12-31 | NT$102.23 | NT$36.50 | x |
| 2006-12-31 | NT$67.19 | NT$36.50 | x |
| 2007-12-31 | NT$71.08 | NT$36.50 | x |
| 2008-12-31 | NT$64.74 | NT$36.50 | x |
| 2009-12-31 | NT$67.69 | NT$36.50 | x |
| 2010-12-31 | NT$55.50 | NT$36.50 | x |
| 2011-12-31 | NT$49.16 | NT$36.50 | x |
| 2012-12-31 | NT$39.69 | NT$36.50 | x |
| 2013-12-31 | NT$44.34 | NT$36.50 | x |
| 2014-12-31 | NT$42.68 | NT$36.50 | x |
| 2015-12-31 | NT$31.83 | NT$36.50 | x |
| 2016-12-31 | NT$41.34 | NT$36.50 | x |
| 2017-12-31 | NT$32.97 | NT$36.50 | x |
| 2018-12-31 | NT$22.65 | NT$36.50 | x |
| 2019-12-31 | NT$7.90 | NT$36.50 | x |
| 2020-12-31 | NT$17.55 | NT$36.50 | x |
| 2021-12-31 | NT$15.20 | NT$36.50 | x |
| 2022-12-31 | NT$13.53 | NT$36.50 | x |
| 2023-12-31 | NT$12.52 | NT$36.50 | x |
| 2024-12-31 | NT$12.76 | NT$36.50 | x |
| 2025-12-31 | NT$12.74 | NT$36.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mospec Semiconductor Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.69%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.49x
- Recent ROE (0.16%) is above the historical average (-14.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.85% | 5.44% | 0.40x | 1.75x | NT$-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$-41.98 Million |
| 2025 | 0.16% | 1.69% | 0.06x | 1.49x | NT$-46.38 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: $92,283,078,100
- Average return on equity (ROE) among peers: -5.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mospec Semiconductor Corp (2434) | NT$471.46 Million | 3.85% | 0.49x | $42.55 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $17.41 Million |
| United Microelectronics Corporation (2303) | $214.10 Billion | 1.81% | 0.18x | $55.44 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.13 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $578.70 Billion | 27.93% | 0.24x | $1.95 Trillion |
| Macronix International Co Ltd (2337) | $18.43 Billion | -22.72% | 1.04x | $9.43 Billion |
| Optotech Corp (2340) | $6.01 Billion | 5.81% | 0.81x | $531.12 Million |
| Mosel Vitelic Inc (2342) | $31.49 Billion | 0.00% | 1.13x | $249.14 Million |
| Winbond Electronics Corp (2344) | $34.42 Billion | -25.03% | 0.96x | $28.21 Billion |
| Silicon Integrated Systems Corp (2363) | $9.58 Billion | -65.65% | 0.06x | $957.27 Million |
| Realtek Semiconductor Corp (2379) | $24.65 Billion | 17.65% | 1.36x | $12.04 Billion |
About Mospec Semiconductor Corp
Mospec Semiconductor Corp. manufactures, processes, and sells power transistors and diodes in Taiwan. The company offers a rectifier device, bridge rectifier, field-effect transistors, surge suppression diodes, insulated gate bipolar transistors, silicon carbide Schottky diodes, power transistors, voltage regulator diode, and low dropout linear regulator. The company also offers power transistors… Read more