Wah Lee Industrial Corp (3010) - Net Assets
Based on the latest financial reports, Wah Lee Industrial Corp (3010) has net assets worth NT$26.03 Billion TWD (≈ $820.22 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$56.88 Billion ≈ $1.79 Billion USD) and total liabilities (NT$30.84 Billion ≈ $971.79 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 3010 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$26.03 Billion |
| % of Total Assets | 45.77% |
| Annual Growth Rate | 8.85% |
| 5-Year Change | 46.95% |
| 10-Year Change | 140.21% |
| Growth Volatility | 12.76 |
Wah Lee Industrial Corp - Net Assets Trend (2002–2025)
This chart illustrates how Wah Lee Industrial Corp's net assets have evolved over time, based on quarterly financial data. Also explore 3010 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Wah Lee Industrial Corp (2002–2025)
The table below shows the annual net assets of Wah Lee Industrial Corp from 2002 to 2025. For live valuation and market cap data, see how much is Wah Lee Industrial Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$26.03 Billion ≈ $820.22 Million |
+6.19% |
| 2024-12-31 | NT$24.52 Billion ≈ $772.37 Million |
+20.04% |
| 2023-12-31 | NT$20.42 Billion ≈ $643.46 Million |
+10.16% |
| 2022-12-31 | NT$18.54 Billion ≈ $584.13 Million |
+4.65% |
| 2021-12-31 | NT$17.72 Billion ≈ $558.18 Million |
+18.84% |
| 2020-12-31 | NT$14.91 Billion ≈ $469.70 Million |
+12.22% |
| 2019-12-31 | NT$13.28 Billion ≈ $418.54 Million |
+7.06% |
| 2018-12-31 | NT$12.41 Billion ≈ $390.95 Million |
+4.79% |
| 2017-12-31 | NT$11.84 Billion ≈ $373.07 Million |
+9.26% |
| 2016-12-31 | NT$10.84 Billion ≈ $341.46 Million |
+1.06% |
| 2015-12-31 | NT$10.72 Billion ≈ $337.89 Million |
+2.01% |
| 2014-12-31 | NT$10.51 Billion ≈ $331.22 Million |
+8.88% |
| 2013-12-31 | NT$9.66 Billion ≈ $304.21 Million |
+12.07% |
| 2012-12-31 | NT$8.62 Billion ≈ $271.44 Million |
+6.25% |
| 2011-12-31 | NT$8.11 Billion ≈ $255.48 Million |
+3.77% |
| 2010-12-31 | NT$7.81 Billion ≈ $246.19 Million |
+7.90% |
| 2009-12-31 | NT$7.24 Billion ≈ $228.17 Million |
+9.56% |
| 2008-12-31 | NT$6.61 Billion ≈ $208.27 Million |
+3.81% |
| 2007-12-31 | NT$6.37 Billion ≈ $200.62 Million |
+5.20% |
| 2006-12-31 | NT$6.05 Billion ≈ $190.70 Million |
-10.05% |
| 2005-12-31 | NT$6.73 Billion ≈ $212.00 Million |
+62.44% |
| 2004-12-31 | NT$4.14 Billion ≈ $130.51 Million |
+9.85% |
| 2003-12-31 | NT$3.77 Billion ≈ $118.81 Million |
+1.76% |
| 2002-12-31 | NT$3.71 Billion ≈ $116.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wah Lee Industrial 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 1576.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$13.11 Billion | 54.90% |
| Common Stock | NT$2.59 Billion | 10.87% |
| Other Comprehensive Income | NT$5.23 Billion | 21.90% |
| Other Components | NT$2.95 Billion | 12.34% |
| Total Equity | NT$23.88 Billion | 100.00% |
Wah Lee Industrial Corp Competitors by Market Cap
The table below lists competitors of Wah Lee Industrial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu General Science Tech
SHG:601500
|
$1.08 Billion |
|
Hunan Heshun Petroleum Co Ltd
SHG:603353
|
$1.08 Billion |
|
Inner Mongolia ERDOS Resources Co Ltd B
SHG:900936
|
$1.08 Billion |
|
International General Insurance Holdings Ltd
NASDAQ:IGIC
|
$1.08 Billion |
|
Khang Dien House Trading and Investment JSC
VN:KDH
|
$1.08 Billion |
|
Guilin Seamild Foods Co Ltd
SHE:002956
|
$1.08 Billion |
|
Allient Inc.
NASDAQ:ALNT
|
$1.08 Billion |
|
Shenzhen Laibao High-Technology Co Ltd
SHE:002106
|
$1.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wah Lee Industrial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,537,807,000 to 23,877,572,000, a change of 1,339,765,000 (5.9%).
- Net income of 2,293,723,000 contributed positively to equity growth.
- Dividend payments of 1,375,015,000 reduced retained earnings.
- Other comprehensive income increased equity by 641,401,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.29 Billion | +9.61% |
| Dividends Paid | NT$1.38 Billion | -5.76% |
| Other Comprehensive Income | NT$641.40 Million | +2.69% |
| Other Changes | NT$-220.34 Million | -0.92% |
| Total Change | NT$- | 5.94% |
Book Value vs Market Value Analysis
This analysis compares Wah Lee Industrial 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: 1.63x
- 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 5.13x to 1.63x 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$25.84 | NT$132.50 | x |
| 2007-12-31 | NT$26.93 | NT$132.50 | x |
| 2008-12-31 | NT$25.84 | NT$132.50 | x |
| 2009-12-31 | NT$28.80 | NT$132.50 | x |
| 2010-12-31 | NT$30.85 | NT$132.50 | x |
| 2011-12-31 | NT$31.35 | NT$132.50 | x |
| 2012-12-31 | NT$33.20 | NT$132.50 | x |
| 2013-12-31 | NT$37.03 | NT$132.50 | x |
| 2014-12-31 | NT$39.15 | NT$132.50 | x |
| 2015-12-31 | NT$37.70 | NT$132.50 | x |
| 2016-12-31 | NT$38.44 | NT$132.50 | x |
| 2017-12-31 | NT$43.10 | NT$132.50 | x |
| 2018-12-31 | NT$45.90 | NT$132.50 | x |
| 2019-12-31 | NT$46.97 | NT$132.50 | x |
| 2020-12-31 | NT$53.01 | NT$132.50 | x |
| 2021-12-31 | NT$64.22 | NT$132.50 | x |
| 2022-12-31 | NT$64.31 | NT$132.50 | x |
| 2023-12-31 | NT$70.73 | NT$132.50 | x |
| 2024-12-31 | NT$86.03 | NT$132.50 | x |
| 2025-12-31 | NT$81.16 | NT$132.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wah Lee Industrial 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): 9.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.93%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 2.38x
- Recent ROE (9.61%) is below the historical average (15.27%), 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 | 19.51% | 5.03% | 1.68x | 2.31x | NT$316.54 Million |
| 2003 | 20.98% | 8.25% | 1.30x | 1.96x | NT$414.25 Million |
| 2004 | 26.01% | 8.23% | 1.54x | 2.05x | NT$650.02 Million |
| 2005 | 23.32% | 6.31% | 1.41x | 2.63x | NT$699.56 Million |
| 2006 | 22.57% | 10.29% | 1.32x | 1.66x | NT$760.97 Million |
| 2007 | 22.80% | 8.42% | 1.38x | 1.96x | NT$815.26 Million |
| 2008 | 11.61% | 3.00% | 1.72x | 2.25x | NT$101.00 Million |
| 2009 | 11.76% | 4.23% | 1.28x | 2.18x | NT$121.31 Million |
| 2010 | 19.01% | 5.22% | 1.55x | 2.36x | NT$668.17 Million |
| 2011 | 12.52% | 3.05% | 1.65x | 2.48x | NT$191.39 Million |
| 2012 | 12.20% | 3.11% | 1.57x | 2.50x | NT$177.09 Million |
| 2013 | 12.96% | 3.37% | 1.49x | 2.59x | NT$264.86 Million |
| 2014 | 13.14% | 3.19% | 1.52x | 2.71x | NT$304.54 Million |
| 2015 | 11.54% | 2.82% | 1.50x | 2.73x | NT$151.22 Million |
| 2016 | 10.57% | 2.64% | 1.59x | 2.52x | NT$56.77 Million |
| 2017 | 13.07% | 3.28% | 1.57x | 2.53x | NT$330.88 Million |
| 2018 | 12.16% | 2.54% | 1.66x | 2.88x | NT$239.39 Million |
| 2019 | 12.37% | 2.59% | 1.59x | 3.01x | NT$271.33 Million |
| 2020 | 14.44% | 3.15% | 1.52x | 3.01x | NT$571.32 Million |
| 2021 | 18.11% | 4.03% | 1.54x | 2.92x | NT$1.27 Billion |
| 2022 | 14.83% | 3.38% | 1.50x | 2.93x | NT$809.22 Million |
| 2023 | 11.38% | 3.17% | 1.33x | 2.70x | NT$256.22 Million |
| 2024 | 10.00% | 2.82% | 1.53x | 2.32x | NT$-876.70K |
| 2025 | 9.61% | 2.93% | 1.37x | 2.38x | NT$-94.03 Million |
Industry Comparison
This section compares Wah Lee Industrial Corp's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $15,691,204,889
- Average return on equity (ROE) among peers: 8.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wah Lee Industrial Corp (3010) | NT$26.03 Billion | 19.51% | 1.18x | $1.08 Billion |
| China Wire & Cable Co Ltd (1603) | $3.47 Billion | 1.69% | 1.20x | $159.64 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $7.31 Billion | 7.65% | 0.10x | $233.73 Million |
| Synnex Technology International Corp (2347) | $65.89 Billion | 26.21% | 2.06x | $4.34 Billion |
| Foxconn Technology Co Ltd (2354) | $49.32 Billion | 18.34% | 1.03x | $2.31 Billion |
| Senao International Co Ltd (2450) | $5.75 Billion | 13.96% | 0.78x | $240.84 Million |
| Weikeng Industrial Co Ltd (3033) | $5.82 Billion | 10.73% | 3.40x | $540.95 Million |
| Edom Technology Co Ltd (3048) | $2.10 Billion | 2.91% | 1.93x | $324.32 Million |
| MetaTech AP (3224) | $1.07 Billion | -5.38% | 0.22x | $124.56 Million |
| Sentronic International (3232) | $488.54 Million | 2.26% | 0.71x | $31.40 Million |
About Wah Lee Industrial Corp
Wah Lee Industrial Corporation engages in the manufacturing of materials, engineering and functional plastics, semiconductor process materials, and printed circuit boards in Taiwan. The company imports and exports various products, such as engineering equipment, optoelectronic products, electronic machine parts, and industrial materials. It also engages in the engineering of plastic raw materials… Read more