Greatek Electronics Inc
Greatek Electronics Inc., together with its subsidiaries, provides semiconductor assembly and testing services in Taiwan, Asia, America, Europe, and Africa. It offers wafer and final testing services, including testing program development, platform conversion, devices correlation, engineering, test peripheral equipment, and spare parts development service for logic, mix mode, and analog devices; … Read more
Greatek Electronics Inc (2441) - Net Assets
Latest net assets as of September 2025: NT$22.97 Billion TWD
Based on the latest financial reports, Greatek Electronics Inc (2441) has net assets worth NT$22.97 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$26.72 Billion) and total liabilities (NT$3.76 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$22.97 Billion |
| % of Total Assets | 85.94% |
| Annual Growth Rate | 8.32% |
| 5-Year Change | 24.38% |
| 10-Year Change | 62.76% |
| Growth Volatility | 8.04 |
Greatek Electronics Inc - Net Assets Trend (2002–2024)
This chart illustrates how Greatek Electronics Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Greatek Electronics Inc (2002–2024)
The table below shows the annual net assets of Greatek Electronics Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$22.38 Billion | +3.95% |
| 2023-12-31 | NT$21.53 Billion | +2.98% |
| 2022-12-31 | NT$20.91 Billion | +0.38% |
| 2021-12-31 | NT$20.83 Billion | +15.74% |
| 2020-12-31 | NT$18.00 Billion | +8.06% |
| 2019-12-31 | NT$16.65 Billion | +2.69% |
| 2018-12-31 | NT$16.22 Billion | +4.48% |
| 2017-12-31 | NT$15.52 Billion | +6.32% |
| 2016-12-31 | NT$14.60 Billion | +6.17% |
| 2015-12-31 | NT$13.75 Billion | +2.68% |
| 2014-12-31 | NT$13.39 Billion | +9.10% |
| 2013-12-31 | NT$12.28 Billion | +8.14% |
| 2012-12-31 | NT$11.35 Billion | +5.44% |
| 2011-12-31 | NT$10.77 Billion | -1.72% |
| 2010-12-31 | NT$10.95 Billion | +6.07% |
| 2009-12-31 | NT$10.33 Billion | +6.68% |
| 2008-12-31 | NT$9.68 Billion | +0.56% |
| 2007-12-31 | NT$9.63 Billion | +12.81% |
| 2006-12-31 | NT$8.53 Billion | +18.03% |
| 2005-12-31 | NT$7.23 Billion | +18.14% |
| 2004-12-31 | NT$6.12 Billion | +34.54% |
| 2003-12-31 | NT$4.55 Billion | +18.04% |
| 2002-12-31 | NT$3.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greatek Electronics Inc'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 1507.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$11.85 Billion | 52.95% |
| Common Stock | NT$5.69 Billion | 25.42% |
| Other Comprehensive Income | NT$4.84 Billion | 21.63% |
| Other Components | NT$2.67 Million | 0.01% |
| Total Equity | NT$22.38 Billion | 100.00% |
Greatek Electronics Inc Competitors by Market Cap
The table below lists competitors of Greatek Electronics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Verve Therapeutics Inc
NASDAQ:VERV
|
$727.51 Million |
|
Ãlker Bisküvi Sanayi A.S.
F:A7G
|
$727.78 Million |
|
CLEAR CHANNEL O.H.A DL-01
F:C7C1
|
$728.13 Million |
|
Ratos AB ser. B
LSE:0KBQ
|
$728.14 Million |
|
Beijing Wandong Medical Technology Co Ltd
SHG:600055
|
$727.30 Million |
|
Sichuan Yimikang Environmental Tech Co Ltd
SHE:300249
|
$727.27 Million |
|
Suzhou Oriental Semiconductor Co. Ltd. A
SHG:688261
|
$727.07 Million |
|
Jiangsu Pacific Precision
SHE:300258
|
$727.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greatek Electronics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,530,166,000 to 22,381,313,000, a change of 851,147,000 (4.0%).
- Net income of 2,496,268,000 contributed positively to equity growth.
- Dividend payments of 1,422,115,000 reduced retained earnings.
- Other comprehensive income decreased equity by 186,159,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.50 Billion | +11.15% |
| Dividends Paid | NT$1.42 Billion | -6.35% |
| Other Comprehensive Income | NT$-186.16 Million | -0.83% |
| Other Changes | NT$-36.85 Million | -0.16% |
| Total Change | NT$- | 3.95% |
Book Value vs Market Value Analysis
This analysis compares Greatek Electronics Inc'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: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.25x to 2.19x 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$13.60 | NT$85.00 | x |
| 2007-12-31 | NT$14.85 | NT$85.00 | x |
| 2008-12-31 | NT$14.49 | NT$85.00 | x |
| 2009-12-31 | NT$18.41 | NT$85.00 | x |
| 2010-12-31 | NT$19.35 | NT$85.00 | x |
| 2011-12-31 | NT$19.09 | NT$85.00 | x |
| 2012-12-31 | NT$20.11 | NT$85.00 | x |
| 2013-12-31 | NT$21.59 | NT$85.00 | x |
| 2014-12-31 | NT$23.10 | NT$85.00 | x |
| 2015-12-31 | NT$23.70 | NT$85.00 | x |
| 2016-12-31 | NT$25.26 | NT$85.00 | x |
| 2017-12-31 | NT$26.93 | NT$85.00 | x |
| 2018-12-31 | NT$28.09 | NT$85.00 | x |
| 2019-12-31 | NT$28.94 | NT$85.00 | x |
| 2020-12-31 | NT$31.23 | NT$85.00 | x |
| 2021-12-31 | NT$36.05 | NT$85.00 | x |
| 2022-12-31 | NT$36.03 | NT$85.00 | x |
| 2023-12-31 | NT$37.45 | NT$85.00 | x |
| 2024-12-31 | NT$38.90 | NT$85.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greatek Electronics Inc 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): 11.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.41%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.16x
- Recent ROE (11.15%) is below the historical average (16.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.47% | 14.20% | 0.74x | 1.57x | NT$249.16 Million |
| 2003 | 20.38% | 17.88% | 0.73x | 1.55x | NT$472.40 Million |
| 2004 | 22.53% | 22.98% | 0.77x | 1.28x | NT$767.15 Million |
| 2005 | 23.30% | 24.27% | 0.77x | 1.25x | NT$961.89 Million |
| 2006 | 25.02% | 26.07% | 0.83x | 1.15x | NT$1.28 Billion |
| 2007 | 24.96% | 27.08% | 0.81x | 1.14x | NT$1.44 Billion |
| 2008 | 16.62% | 19.30% | 0.78x | 1.10x | NT$640.75 Million |
| 2009 | 14.31% | 17.11% | 0.70x | 1.20x | NT$445.22 Million |
| 2010 | 14.19% | 15.23% | 0.81x | 1.15x | NT$458.88 Million |
| 2011 | 8.38% | 10.34% | 0.72x | 1.13x | NT$-174.43 Million |
| 2012 | 10.92% | 13.66% | 0.71x | 1.13x | NT$104.73 Million |
| 2013 | 13.16% | 17.57% | 0.64x | 1.16x | NT$387.86 Million |
| 2014 | 16.88% | 21.88% | 0.66x | 1.16x | NT$921.91 Million |
| 2015 | 14.37% | 20.71% | 0.60x | 1.15x | NT$600.55 Million |
| 2016 | 15.33% | 21.18% | 0.61x | 1.19x | NT$778.61 Million |
| 2017 | 16.16% | 20.99% | 0.66x | 1.17x | NT$956.23 Million |
| 2018 | 14.65% | 19.22% | 0.66x | 1.16x | NT$753.55 Million |
| 2019 | 11.38% | 15.76% | 0.62x | 1.17x | NT$230.44 Million |
| 2020 | 14.79% | 18.11% | 0.68x | 1.20x | NT$862.64 Million |
| 2021 | 22.10% | 23.65% | 0.73x | 1.27x | NT$2.52 Billion |
| 2022 | 15.11% | 19.80% | 0.65x | 1.17x | NT$1.07 Billion |
| 2023 | 9.28% | 14.72% | 0.55x | 1.14x | NT$-155.89 Million |
| 2024 | 11.15% | 16.41% | 0.58x | 1.16x | NT$258.14 Million |
Industry Comparison
This section compares Greatek Electronics Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $3,328,665,000
- Average return on equity (ROE) among peers: 3.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greatek Electronics Inc (2441) | NT$22.97 Billion | 16.47% | 0.16x | $727.39 Million |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.31 Billion | -10.40% | 0.55x | $285.76 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |