King Yuan Electronics Co Ltd

TW:2449 Taiwan Semiconductors
Market Cap
$10.92 Billion
NT$361.32 Billion TWD
Market Cap Rank
#1725 Global
#27 in Taiwan
Share Price
NT$295.50
Change (1 day)
-1.50%
52-Week Range
NT$71.80 - NT$327.00
All Time High
NT$327.00
About

King Yuan Electronics Co., Ltd. engages in the designing, manufacturing, selling, testing, and assembly service of integrated circuits. The company offers water probing; wafer grinding and dicing; test and package services; system level testing; burn-in test and turnkey; and back end services. It also provides engineering services for Memory applications; consumer electronics testing solutions fo… Read more

King Yuan Electronics Co Ltd (2449) - Net Assets

Latest net assets as of September 2025: NT$47.10 Billion TWD

Based on the latest financial reports, King Yuan Electronics Co Ltd (2449) has net assets worth NT$47.10 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$87.37 Billion) and total liabilities (NT$40.28 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$47.10 Billion
% of Total Assets 53.9%
Annual Growth Rate 7.55%
5-Year Change 52.46%
10-Year Change 99.99%
Growth Volatility 10.15

King Yuan Electronics Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how King Yuan Electronics 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 King Yuan Electronics Co Ltd (2001–2024)

The table below shows the annual net assets of King Yuan Electronics Co Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 NT$44.71 Billion +11.70%
2023-12-31 NT$40.03 Billion +8.34%
2022-12-31 NT$36.95 Billion +5.93%
2021-12-31 NT$34.88 Billion +18.93%
2020-12-31 NT$29.33 Billion +11.94%
2019-12-31 NT$26.20 Billion +6.85%
2018-12-31 NT$24.52 Billion -2.12%
2017-12-31 NT$25.05 Billion +5.69%
2016-12-31 NT$23.70 Billion +6.02%
2015-12-31 NT$22.36 Billion -2.62%
2014-12-31 NT$22.96 Billion +5.83%
2013-12-31 NT$21.69 Billion +1.89%
2012-12-31 NT$21.29 Billion +1.19%
2011-12-31 NT$21.04 Billion -4.96%
2010-12-31 NT$22.14 Billion +3.22%
2009-12-31 NT$21.45 Billion -3.55%
2008-12-31 NT$22.24 Billion -2.69%
2007-12-31 NT$22.85 Billion +3.10%
2006-12-31 NT$22.16 Billion +24.03%
2005-12-31 NT$17.87 Billion +9.44%
2004-12-31 NT$16.33 Billion +23.74%
2003-12-31 NT$13.19 Billion +37.96%
2002-12-31 NT$9.56 Billion +14.12%
2001-12-31 NT$8.38 Billion --

Equity Component Analysis

This analysis shows how different components contribute to King Yuan Electronics 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 2239626200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$22.40 Billion 51.73%
Common Stock NT$12.23 Billion 28.24%
Other Comprehensive Income NT$3.59 Billion 8.30%
Other Components NT$5.08 Billion 11.73%
Total Equity NT$43.30 Billion 100.00%

King Yuan Electronics Co Ltd Competitors by Market Cap

The table below lists competitors of King Yuan Electronics Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in King Yuan Electronics Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 38,903,009,000 to 43,296,273,000, a change of 4,393,264,000 (11.3%).
  • Net income of 7,779,428,000 contributed positively to equity growth.
  • Dividend payments of 3,912,784,000 reduced retained earnings.
  • Other comprehensive income increased equity by 387,265,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$7.78 Billion +17.97%
Dividends Paid NT$3.91 Billion -9.04%
Other Comprehensive Income NT$387.26 Million +0.89%
Other Changes NT$139.35 Million +0.32%
Total Change NT$- 11.29%

Book Value vs Market Value Analysis

This analysis compares King Yuan Electronics 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: 8.40x
  • 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 17.02x to 8.40x 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$17.36 NT$295.50 x
2007-12-31 NT$17.43 NT$295.50 x
2008-12-31 NT$17.22 NT$295.50 x
2009-12-31 NT$16.44 NT$295.50 x
2010-12-31 NT$17.56 NT$295.50 x
2011-12-31 NT$16.30 NT$295.50 x
2012-12-31 NT$17.58 NT$295.50 x
2013-12-31 NT$18.04 NT$295.50 x
2014-12-31 NT$19.08 NT$295.50 x
2015-12-31 NT$18.67 NT$295.50 x
2016-12-31 NT$19.75 NT$295.50 x
2017-12-31 NT$20.86 NT$295.50 x
2018-12-31 NT$19.85 NT$295.50 x
2019-12-31 NT$21.24 NT$295.50 x
2020-12-31 NT$23.72 NT$295.50 x
2021-12-31 NT$27.63 NT$295.50 x
2022-12-31 NT$28.98 NT$295.50 x
2023-12-31 NT$31.55 NT$295.50 x
2024-12-31 NT$35.16 NT$295.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently King Yuan Electronics 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): 17.97%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 28.97%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 2.00x
  • Recent ROE (17.97%) is above the historical average (9.92%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 5.86% 11.40% 0.34x 1.51x NT$-545.92 Million
2004 17.25% 27.54% 0.34x 1.83x NT$1.16 Billion
2005 8.79% 14.46% 0.31x 1.93x NT$-211.31 Million
2006 13.08% 20.66% 0.37x 1.72x NT$662.21 Million
2007 9.03% 13.81% 0.35x 1.85x NT$-214.99 Million
2008 1.80% 2.65% 0.35x 1.94x NT$-1.77 Billion
2009 -5.05% -8.10% 0.32x 1.95x NT$-3.04 Billion
2010 8.25% 10.16% 0.47x 1.73x NT$-379.73 Million
2011 2.27% 3.15% 0.42x 1.70x NT$-1.63 Billion
2012 7.30% 10.70% 0.40x 1.70x NT$-574.90 Million
2013 8.37% 12.36% 0.39x 1.72x NT$-352.63 Million
2014 11.15% 15.72% 0.41x 1.73x NT$263.57 Million
2015 10.21% 13.32% 0.42x 1.81x NT$46.32 Million
2016 12.58% 14.85% 0.46x 1.84x NT$611.44 Million
2017 8.92% 11.35% 0.48x 1.64x NT$-270.99 Million
2018 7.33% 8.63% 0.44x 1.93x NT$-652.37 Million
2019 11.61% 11.91% 0.46x 2.10x NT$422.37 Million
2020 12.40% 12.56% 0.47x 2.09x NT$704.75 Million
2021 15.14% 15.33% 0.47x 2.11x NT$1.76 Billion
2022 18.94% 18.59% 0.49x 2.06x NT$3.23 Billion
2023 15.01% 17.68% 0.45x 1.90x NT$1.95 Billion
2024 17.97% 28.97% 0.31x 2.00x NT$3.45 Billion

Industry Comparison

This section compares King Yuan Electronics Co Ltd'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
King Yuan Electronics Co Ltd (2449) NT$47.10 Billion 5.86% 0.86x $9.68 Billion
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