Elan Microelectronics Corp
ELAN Microelectronics Corporation operates as a semiconductor company in Taiwan, Mainland China, Hong Kong, the United States, Europe, and internationally. It offers embedded microcontrollers and systems, digital signal processors, computer peripheral control integrated circuits and systems, fingerprint recognition devices, and credit card applications. The company also provides biometric solutio… Read more
Elan Microelectronics Corp (2458) - Net Assets
Latest net assets as of September 2025: NT$9.74 Billion TWD
Based on the latest financial reports, Elan Microelectronics Corp (2458) has net assets worth NT$9.74 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$15.75 Billion) and total liabilities (NT$6.01 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$9.74 Billion |
| % of Total Assets | 61.84% |
| Annual Growth Rate | 4.63% |
| 5-Year Change | 7.85% |
| 10-Year Change | 41.03% |
| Growth Volatility | 10.45 |
Elan Microelectronics Corp - Net Assets Trend (2003–2024)
This chart illustrates how Elan Microelectronics 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 Elan Microelectronics Corp (2003–2024)
The table below shows the annual net assets of Elan Microelectronics Corp from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.00 Billion | +8.39% |
| 2023-12-31 | NT$9.23 Billion | -4.11% |
| 2022-12-31 | NT$9.62 Billion | -12.32% |
| 2021-12-31 | NT$10.97 Billion | +18.34% |
| 2020-12-31 | NT$9.27 Billion | +21.96% |
| 2019-12-31 | NT$7.60 Billion | +15.50% |
| 2018-12-31 | NT$6.58 Billion | -10.11% |
| 2017-12-31 | NT$7.32 Billion | +6.20% |
| 2016-12-31 | NT$6.90 Billion | -2.75% |
| 2015-12-31 | NT$7.09 Billion | -10.39% |
| 2014-12-31 | NT$7.91 Billion | +6.37% |
| 2013-12-31 | NT$7.44 Billion | +9.86% |
| 2012-12-31 | NT$6.77 Billion | +18.85% |
| 2011-12-31 | NT$5.70 Billion | -9.08% |
| 2010-12-31 | NT$6.27 Billion | +5.88% |
| 2009-12-31 | NT$5.92 Billion | +6.38% |
| 2008-12-31 | NT$5.56 Billion | +8.49% |
| 2007-12-31 | NT$5.13 Billion | +1.56% |
| 2006-12-31 | NT$5.05 Billion | +21.01% |
| 2005-12-31 | NT$4.17 Billion | -2.84% |
| 2004-12-31 | NT$4.29 Billion | +11.16% |
| 2003-12-31 | NT$3.86 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elan Microelectronics 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 grown by 743.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$6.48 Billion | 66.26% |
| Common Stock | NT$3.04 Billion | 31.09% |
| Other Comprehensive Income | NT$-31.06 Million | -0.32% |
| Other Components | NT$290.15 Million | 2.97% |
| Total Equity | NT$9.77 Billion | 100.00% |
Elan Microelectronics Corp Competitors by Market Cap
The table below lists competitors of Elan Microelectronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Genius Electronic Optical Co Ltd
TW:3406
|
$1.09 Billion |
|
CRAYON GROUP HOLDING NK 1
F:30X
|
$1.09 Billion |
|
Societatea Energetica Electrica SA
RO:EL
|
$1.09 Billion |
|
Heidrick & Struggles International
NASDAQ:HSII
|
$1.09 Billion |
|
99 Speed Mart Retail Holdings Berhad
KLSE:5326
|
$1.09 Billion |
|
JHT Design Co. Ltd. Cl A
SHG:603061
|
$1.09 Billion |
|
Jiangsu Eazytec Co Ltd
SHG:688258
|
$1.09 Billion |
|
ESTABLISHMENT LABS HLDGS
F:3E0
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elan Microelectronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,819,577,000 to 9,773,280,000, a change of 953,703,000 (10.8%).
- Net income of 2,735,895,000 contributed positively to equity growth.
- Dividend payments of 2,038,574,000 reduced retained earnings.
- New share issuances of 263,538,000 increased equity.
- Other comprehensive income decreased equity by 3,047,168,998.
- Other factors increased equity by 3,040,012,998.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.74 Billion | +27.99% |
| Dividends Paid | NT$2.04 Billion | -20.86% |
| Share Issuances | NT$263.54 Million | +2.7% |
| Other Comprehensive Income | NT$-3.05 Billion | -31.18% |
| Other Changes | NT$3.04 Billion | +31.11% |
| Total Change | NT$- | 10.81% |
Book Value vs Market Value Analysis
This analysis compares Elan Microelectronics 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: 4.18x
- 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 7.99x to 4.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | NT$17.65 | NT$141.00 | x |
| 2006-12-31 | NT$20.99 | NT$141.00 | x |
| 2007-12-31 | NT$21.04 | NT$141.00 | x |
| 2008-12-31 | NT$21.00 | NT$141.00 | x |
| 2009-12-31 | NT$20.65 | NT$141.00 | x |
| 2010-12-31 | NT$21.82 | NT$141.00 | x |
| 2011-12-31 | NT$19.91 | NT$141.00 | x |
| 2012-12-31 | NT$24.18 | NT$141.00 | x |
| 2013-12-31 | NT$25.49 | NT$141.00 | x |
| 2014-12-31 | NT$26.77 | NT$141.00 | x |
| 2015-12-31 | NT$24.00 | NT$141.00 | x |
| 2016-12-31 | NT$23.51 | NT$141.00 | x |
| 2017-12-31 | NT$17.50 | NT$141.00 | x |
| 2018-12-31 | NT$17.50 | NT$141.00 | x |
| 2019-12-31 | NT$25.93 | NT$141.00 | x |
| 2020-12-31 | NT$30.58 | NT$141.00 | x |
| 2021-12-31 | NT$36.50 | NT$141.00 | x |
| 2022-12-31 | NT$30.74 | NT$141.00 | x |
| 2023-12-31 | NT$30.68 | NT$141.00 | x |
| 2024-12-31 | NT$33.75 | NT$141.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elan Microelectronics 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): 27.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.55%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.54x
- Recent ROE (27.99%) is above the historical average (18.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 19.60% | 16.63% | 0.84x | 1.40x | NT$370.70 Million |
| 2004 | 14.54% | 11.84% | 0.96x | 1.28x | NT$194.93 Million |
| 2005 | 9.63% | 7.69% | 1.07x | 1.17x | NT$-15.58 Million |
| 2006 | 5.61% | 6.36% | 0.76x | 1.16x | NT$-221.53 Million |
| 2007 | 11.76% | 12.35% | 0.78x | 1.22x | NT$88.81 Million |
| 2008 | 3.94% | 5.00% | 0.63x | 1.25x | NT$-334.41 Million |
| 2009 | 7.14% | 8.68% | 0.67x | 1.22x | NT$-165.50 Million |
| 2010 | 11.45% | 11.16% | 0.84x | 1.22x | NT$88.68 Million |
| 2011 | 8.54% | 8.66% | 0.78x | 1.27x | NT$-80.65 Million |
| 2012 | 17.64% | 15.92% | 0.87x | 1.28x | NT$507.77 Million |
| 2013 | 20.96% | 19.83% | 0.82x | 1.29x | NT$808.23 Million |
| 2014 | 18.96% | 19.39% | 0.76x | 1.29x | NT$704.02 Million |
| 2015 | 11.62% | 12.49% | 0.71x | 1.31x | NT$114.78 Million |
| 2016 | 9.46% | 9.95% | 0.72x | 1.32x | NT$-37.25 Million |
| 2017 | 14.60% | 14.31% | 0.74x | 1.38x | NT$338.15 Million |
| 2018 | 23.53% | 18.03% | 0.88x | 1.48x | NT$896.86 Million |
| 2019 | 32.56% | 26.31% | 0.84x | 1.47x | NT$1.73 Billion |
| 2020 | 35.86% | 21.50% | 1.04x | 1.60x | NT$2.34 Billion |
| 2021 | 47.50% | 27.84% | 1.08x | 1.58x | NT$4.03 Billion |
| 2022 | 24.20% | 16.51% | 0.98x | 1.50x | NT$1.26 Billion |
| 2023 | 24.30% | 17.78% | 0.86x | 1.59x | NT$1.26 Billion |
| 2024 | 27.99% | 21.55% | 0.85x | 1.54x | NT$1.76 Billion |
Industry Comparison
This section compares Elan Microelectronics Corp's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $18,500,922,800
- Average return on equity (ROE) among peers: -5.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elan Microelectronics Corp (2458) | NT$9.74 Billion | 19.60% | 0.62x | $1.09 Billion |
| Polylite Taiwan Co Ltd (1813) | $1.10 Billion | 4.57% | 0.13x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $12.85 Billion | 0.00% | 1.41x | $836.46 Million |
| Macronix International Co Ltd (2337) | $37.14 Billion | 12.15% | 0.19x | $5.52 Billion |
| Optotech Corp (2340) | $8.50 Billion | 3.62% | 0.47x | $296.33 Million |
| Mosel Vitelic Inc (2342) | $10.25 Billion | 0.00% | 1.33x | $108.73 Million |
| Winbond Electronics Corp (2344) | $55.23 Billion | 0.00% | 0.48x | $12.03 Billion |
| Silicon Integrated Systems Corp (2363) | $7.33 Billion | -3.90% | 0.02x | $629.69 Million |
| Realtek Semiconductor Corp (2379) | $5.13 Billion | 32.96% | 0.38x | $6.81 Billion |
| VIA Technologies Inc (2388) | $10.11 Billion | -48.86% | 0.88x | $395.59 Million |
| Nanya Technology Corp (2408) | $37.37 Billion | -55.53% | 2.57x | $9.48 Billion |