Novatek Microelectronics Corp (3034) - Net Assets
Based on the latest financial reports, Novatek Microelectronics Corp (3034) has net assets worth NT$71.93 Billion TWD (≈ $2.27 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$103.67 Billion ≈ $3.27 Billion USD) and total liabilities (NT$31.74 Billion ≈ $999.95 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 Novatek Microelectronics Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$71.93 Billion |
| % of Total Assets | 69.38% |
| Annual Growth Rate | 12.38% |
| 5-Year Change | -3.85% |
| 10-Year Change | 142.25% |
| Growth Volatility | 18.44 |
Novatek Microelectronics Corp - Net Assets Trend (2002–2025)
This chart illustrates how Novatek Microelectronics Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Novatek Microelectronics Corp to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Novatek Microelectronics Corp (2002–2025)
The table below shows the annual net assets of Novatek Microelectronics Corp from 2002 to 2025. For live valuation and market cap data, see Novatek Microelectronics Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$67.74 Billion ≈ $2.13 Billion |
-0.27% |
| 2024-12-31 | NT$67.92 Billion ≈ $2.14 Billion |
+1.05% |
| 2023-12-31 | NT$67.22 Billion ≈ $2.12 Billion |
+2.51% |
| 2022-12-31 | NT$65.57 Billion ≈ $2.07 Billion |
-6.93% |
| 2021-12-31 | NT$70.45 Billion ≈ $2.22 Billion |
+76.38% |
| 2020-12-31 | NT$39.94 Billion ≈ $1.26 Billion |
+20.75% |
| 2019-12-31 | NT$33.08 Billion ≈ $1.04 Billion |
+9.11% |
| 2018-12-31 | NT$30.32 Billion ≈ $955.17 Million |
+6.12% |
| 2017-12-31 | NT$28.57 Billion ≈ $900.11 Million |
+2.17% |
| 2016-12-31 | NT$27.96 Billion ≈ $880.99 Million |
-1.95% |
| 2015-12-31 | NT$28.52 Billion ≈ $898.47 Million |
+1.03% |
| 2014-12-31 | NT$28.23 Billion ≈ $889.31 Million |
+14.66% |
| 2013-12-31 | NT$24.62 Billion ≈ $775.62 Million |
+2.51% |
| 2012-12-31 | NT$24.02 Billion ≈ $756.64 Million |
+8.04% |
| 2011-12-31 | NT$22.23 Billion ≈ $700.33 Million |
+0.58% |
| 2010-12-31 | NT$22.10 Billion ≈ $696.31 Million |
+7.11% |
| 2009-12-31 | NT$20.63 Billion ≈ $650.07 Million |
+12.39% |
| 2008-12-31 | NT$18.36 Billion ≈ $578.43 Million |
+5.22% |
| 2007-12-31 | NT$17.45 Billion ≈ $549.73 Million |
+15.02% |
| 2006-12-31 | NT$15.17 Billion ≈ $477.95 Million |
+26.58% |
| 2005-12-31 | NT$11.99 Billion ≈ $377.59 Million |
+35.93% |
| 2004-12-31 | NT$8.82 Billion ≈ $277.78 Million |
+41.14% |
| 2003-12-31 | NT$6.25 Billion ≈ $196.81 Million |
+35.03% |
| 2002-12-31 | NT$4.63 Billion ≈ $145.75 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Novatek 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 2952.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$38.08 Billion | 56.22% |
| Common Stock | NT$6.09 Billion | 8.98% |
| Other Comprehensive Income | NT$23.57 Billion | 34.80% |
| Other Components | NT$1.00 | 0.00% |
| Total Equity | NT$67.74 Billion | 100.00% |
Novatek Microelectronics Corp Competitors by Market Cap
The table below lists competitors of Novatek Microelectronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Macrotech Developers Limited
NSE:LODHA
|
$9.88 Billion |
|
Fresenius Medical Care AG & Co. KGaA
F:FMEA
|
$9.88 Billion |
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
$9.88 Billion |
|
Turkish Airlines
IS:THYAO
|
$9.89 Billion |
|
JD LOGISTICS DL-000025
F:822
|
$9.86 Billion |
|
Smithfield Foods, Inc. Common Stock
NASDAQ:SFD
|
$9.84 Billion |
|
KOC HOLDING ADR/5 TN 1
F:KRKA
|
$9.84 Billion |
|
Epiroc AB (publ)
ST:EPI-B
|
$9.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novatek Microelectronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 67,923,372,000 to 67,739,247,000, a change of -184,125,000 (-0.3%).
- Net income of 16,350,000,000 contributed positively to equity growth.
- Dividend payments of 17,038,321,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,546,847,999.
- Other factors decreased equity by 2,042,651,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$16.35 Billion | +24.14% |
| Dividends Paid | NT$17.04 Billion | -25.15% |
| Other Comprehensive Income | NT$2.55 Billion | +3.76% |
| Other Changes | NT$-2.04 Billion | -3.02% |
| Total Change | NT$- | -0.27% |
Book Value vs Market Value Analysis
This analysis compares Novatek 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: 4.63x
- 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 18.65x to 4.63x 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$27.62 | NT$515.00 | x |
| 2007-12-31 | NT$31.17 | NT$515.00 | x |
| 2008-12-31 | NT$30.14 | NT$515.00 | x |
| 2009-12-31 | NT$33.85 | NT$515.00 | x |
| 2010-12-31 | NT$35.72 | NT$515.00 | x |
| 2011-12-31 | NT$35.92 | NT$515.00 | x |
| 2012-12-31 | NT$38.93 | NT$515.00 | x |
| 2013-12-31 | NT$39.86 | NT$515.00 | x |
| 2014-12-31 | NT$46.16 | NT$515.00 | x |
| 2015-12-31 | NT$46.80 | NT$515.00 | x |
| 2016-12-31 | NT$45.90 | NT$515.00 | x |
| 2017-12-31 | NT$46.90 | NT$515.00 | x |
| 2018-12-31 | NT$49.77 | NT$515.00 | x |
| 2019-12-31 | NT$54.31 | NT$515.00 | x |
| 2020-12-31 | NT$65.58 | NT$515.00 | x |
| 2021-12-31 | NT$115.60 | NT$515.00 | x |
| 2022-12-31 | NT$107.53 | NT$515.00 | x |
| 2023-12-31 | NT$110.34 | NT$515.00 | x |
| 2024-12-31 | NT$111.52 | NT$515.00 | x |
| 2025-12-31 | NT$111.32 | NT$515.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novatek 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): 24.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.24%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.44x
- Recent ROE (24.14%) is below the historical average (28.67%), 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 | 23.42% | 15.61% | 1.22x | 1.23x | NT$620.64 Million |
| 2003 | 34.03% | 19.49% | 1.23x | 1.42x | NT$1.50 Billion |
| 2004 | 40.48% | 20.39% | 1.32x | 1.50x | NT$2.69 Billion |
| 2005 | 46.91% | 21.67% | 1.29x | 1.68x | NT$4.42 Billion |
| 2006 | 41.37% | 19.97% | 1.30x | 1.59x | NT$4.76 Billion |
| 2007 | 43.47% | 20.98% | 1.35x | 1.54x | NT$5.84 Billion |
| 2008 | 19.24% | 13.49% | 1.02x | 1.40x | NT$1.70 Billion |
| 2009 | 19.48% | 14.88% | 0.82x | 1.60x | NT$1.96 Billion |
| 2010 | 20.74% | 12.62% | 0.98x | 1.68x | NT$2.37 Billion |
| 2011 | 16.62% | 10.54% | 0.96x | 1.64x | NT$1.47 Billion |
| 2012 | 18.48% | 11.98% | 0.94x | 1.65x | NT$2.04 Billion |
| 2013 | 19.27% | 11.45% | 1.06x | 1.58x | NT$2.28 Billion |
| 2014 | 25.54% | 13.33% | 1.18x | 1.63x | NT$4.39 Billion |
| 2015 | 22.44% | 12.58% | 1.24x | 1.44x | NT$3.55 Billion |
| 2016 | 17.90% | 10.96% | 1.10x | 1.49x | NT$2.21 Billion |
| 2017 | 17.59% | 10.67% | 1.15x | 1.43x | NT$2.17 Billion |
| 2018 | 21.08% | 11.65% | 1.14x | 1.59x | NT$3.36 Billion |
| 2019 | 23.97% | 12.31% | 1.37x | 1.42x | NT$4.62 Billion |
| 2020 | 29.59% | 14.78% | 1.38x | 1.45x | NT$7.82 Billion |
| 2021 | 55.17% | 28.71% | 1.12x | 1.71x | NT$31.82 Billion |
| 2022 | 42.66% | 25.44% | 1.09x | 1.53x | NT$21.41 Billion |
| 2023 | 34.69% | 21.12% | 1.06x | 1.55x | NT$16.60 Billion |
| 2024 | 29.95% | 19.79% | 1.00x | 1.51x | NT$13.55 Billion |
| 2025 | 24.14% | 16.24% | 1.03x | 1.44x | NT$9.58 Billion |
Industry Comparison
This section compares Novatek Microelectronics 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 |
|---|---|---|---|---|
| Novatek Microelectronics Corp (3034) | NT$71.93 Billion | 23.42% | 0.44x | $9.87 Billion |
| 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 Novatek Microelectronics Corp
Novatek Microelectronics Corp., a fabless chip design company, designs, develops and sells a range of display driver integrated circuits (IC) and system-on-a-chip (SoC) solutions in Taiwan, Asia, and internationally. The company offers display driver ICs for LCD displays, televisions (TVs), notebook computers, desktop monitors, cameras, tablets, PCs, automotive displays, smartphones, and wearable… Read more