Emerging Display Technologies Corp (3038) - Net Assets
Based on the latest financial reports, Emerging Display Technologies Corp (3038) has net assets worth NT$2.59 Billion TWD (≈ $81.55 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.88 Billion ≈ $122.36 Million USD) and total liabilities (NT$1.30 Billion ≈ $40.81 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 asset resilience ratio of Emerging Display Technologies Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.59 Billion |
| % of Total Assets | 66.65% |
| Annual Growth Rate | 3.45% |
| 5-Year Change | 37.08% |
| 10-Year Change | 28.3% |
| Growth Volatility | 15.31 |
Emerging Display Technologies Corp - Net Assets Trend (2000–2024)
This chart illustrates how Emerging Display Technologies Corp's net assets have evolved over time, based on quarterly financial data. Also explore 3038 asset base for the complete picture of this company's asset base.
Annual Net Assets for Emerging Display Technologies Corp (2000–2024)
The table below shows the annual net assets of Emerging Display Technologies Corp from 2000 to 2024. For live valuation and market cap data, see 3038 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.71 Billion ≈ $85.54 Million |
+3.31% |
| 2023-12-31 | NT$2.63 Billion ≈ $82.80 Million |
+12.90% |
| 2022-12-31 | NT$2.33 Billion ≈ $73.34 Million |
+12.33% |
| 2021-12-31 | NT$2.07 Billion ≈ $65.29 Million |
+4.64% |
| 2020-12-31 | NT$1.98 Billion ≈ $62.40 Million |
+1.46% |
| 2019-12-31 | NT$1.95 Billion ≈ $61.50 Million |
+7.89% |
| 2018-12-31 | NT$1.81 Billion ≈ $57.00 Million |
-5.65% |
| 2017-12-31 | NT$1.92 Billion ≈ $60.41 Million |
-6.03% |
| 2016-12-31 | NT$2.04 Billion ≈ $64.29 Million |
-3.56% |
| 2015-12-31 | NT$2.12 Billion ≈ $66.67 Million |
-0.77% |
| 2014-12-31 | NT$2.13 Billion ≈ $67.19 Million |
+9.18% |
| 2013-12-31 | NT$1.95 Billion ≈ $61.54 Million |
+2.44% |
| 2012-12-31 | NT$1.91 Billion ≈ $60.08 Million |
-6.46% |
| 2011-12-31 | NT$2.04 Billion ≈ $64.23 Million |
-0.99% |
| 2010-12-31 | NT$2.06 Billion ≈ $64.87 Million |
+19.78% |
| 2009-12-31 | NT$1.72 Billion ≈ $54.16 Million |
-21.84% |
| 2008-12-31 | NT$2.20 Billion ≈ $69.29 Million |
-15.08% |
| 2007-12-31 | NT$2.59 Billion ≈ $81.60 Million |
-4.52% |
| 2006-12-31 | NT$2.71 Billion ≈ $85.46 Million |
-1.07% |
| 2005-12-31 | NT$2.74 Billion ≈ $86.38 Million |
+12.90% |
| 2004-12-31 | NT$2.43 Billion ≈ $76.51 Million |
+0.51% |
| 2003-12-31 | NT$2.42 Billion ≈ $76.13 Million |
+48.45% |
| 2002-12-31 | NT$1.63 Billion ≈ $51.28 Million |
-5.13% |
| 2001-12-31 | NT$1.72 Billion ≈ $54.06 Million |
+42.69% |
| 2000-12-31 | NT$1.20 Billion ≈ $37.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Emerging Display Technologies 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 942.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.25 Billion | 46.55% |
| Common Stock | NT$1.57 Billion | 58.84% |
| Total Equity | NT$2.68 Billion | 100.00% |
Emerging Display Technologies Corp Competitors by Market Cap
The table below lists competitors of Emerging Display Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Argent
JSE:ART
|
$101.66 Million |
|
Cantargia AB
ST:CANTA
|
$101.72 Million |
|
Frontier Lithium Inc
V:FL
|
$101.74 Million |
|
Icares Medicus Inc
TWO:6612
|
$101.79 Million |
|
Kura Sushi Asia Co Ltd
TWO:2754
|
$101.59 Million |
|
EA Technique M Bhd
KLSE:5259
|
$101.56 Million |
|
PT Mulia Industrindo Tbk
JK:MLIA
|
$101.55 Million |
|
Sage Group PLC
LSE:SGE
|
$101.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Emerging Display Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,588,225,000 to 2,675,124,000, a change of 86,899,000 (3.4%).
- Net income of 327,897,000 contributed positively to equity growth.
- Dividend payments of 237,781,000 reduced retained earnings.
- Other comprehensive income decreased equity by 205,284,000.
- Other factors increased equity by 202,067,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$327.90 Million | +12.26% |
| Dividends Paid | NT$237.78 Million | -8.89% |
| Other Comprehensive Income | NT$-205.28 Million | -7.67% |
| Other Changes | NT$202.07 Million | +7.55% |
| Total Change | NT$- | 3.36% |
Book Value vs Market Value Analysis
This analysis compares Emerging Display Technologies 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: 1.28x
- 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 2.50x to 1.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$9.15 | NT$22.90 | x |
| 2010-12-31 | NT$10.70 | NT$22.90 | x |
| 2011-12-31 | NT$9.35 | NT$22.90 | x |
| 2012-12-31 | NT$8.75 | NT$22.90 | x |
| 2013-12-31 | NT$8.45 | NT$22.90 | x |
| 2014-12-31 | NT$9.44 | NT$22.90 | x |
| 2015-12-31 | NT$9.52 | NT$22.90 | x |
| 2016-12-31 | NT$10.71 | NT$22.90 | x |
| 2017-12-31 | NT$11.17 | NT$22.90 | x |
| 2018-12-31 | NT$10.99 | NT$22.90 | x |
| 2019-12-31 | NT$12.62 | NT$22.90 | x |
| 2020-12-31 | NT$12.97 | NT$22.90 | x |
| 2021-12-31 | NT$13.56 | NT$22.90 | x |
| 2022-12-31 | NT$15.09 | NT$22.90 | x |
| 2023-12-31 | NT$17.29 | NT$22.90 | x |
| 2024-12-31 | NT$17.89 | NT$22.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Emerging Display Technologies Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.09%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.48x
- Recent ROE (12.26%) is above the historical average (6.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.98% | 1.68% | 0.88x | 1.34x | NT$-130.60 Million |
| 2003 | 17.42% | 10.62% | 1.12x | 1.46x | NT$179.35 Million |
| 2004 | 13.63% | 9.35% | 0.97x | 1.50x | NT$88.17 Million |
| 2005 | 14.70% | 8.78% | 0.77x | 2.16x | NT$128.49 Million |
| 2006 | 3.02% | 1.72% | 0.89x | 1.97x | NT$-188.66 Million |
| 2007 | 0.24% | 0.14% | 0.87x | 1.89x | NT$-251.73 Million |
| 2009 | -27.65% | -16.40% | 0.76x | 2.21x | NT$-645.07 Million |
| 2010 | -3.58% | -1.85% | 0.99x | 1.96x | NT$-278.68 Million |
| 2011 | 0.10% | 0.05% | 1.00x | 1.93x | NT$-201.10 Million |
| 2012 | -5.76% | -2.93% | 1.07x | 1.84x | NT$-299.57 Million |
| 2013 | 2.71% | 1.39% | 0.99x | 1.97x | NT$-136.51 Million |
| 2014 | 8.33% | 4.36% | 1.10x | 1.73x | NT$-34.33 Million |
| 2015 | 13.06% | 7.65% | 0.92x | 1.85x | NT$62.39 Million |
| 2016 | 9.58% | 5.91% | 0.92x | 1.76x | NT$-8.26 Million |
| 2017 | 2.96% | 1.81% | 0.85x | 1.93x | NT$-129.24 Million |
| 2018 | 6.42% | 3.97% | 0.83x | 1.95x | NT$-62.30 Million |
| 2019 | 13.60% | 6.26% | 1.13x | 1.92x | NT$68.11 Million |
| 2020 | 12.04% | 6.25% | 1.04x | 1.86x | NT$39.49 Million |
| 2021 | 11.70% | 5.67% | 1.17x | 1.77x | NT$34.55 Million |
| 2022 | 18.54% | 8.95% | 1.09x | 1.89x | NT$193.50 Million |
| 2023 | 16.16% | 9.53% | 1.06x | 1.60x | NT$159.33 Million |
| 2024 | 12.26% | 9.09% | 0.91x | 1.48x | NT$60.38 Million |
Industry Comparison
This section compares Emerging Display Technologies Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Emerging Display Technologies Corp (3038) | NT$2.59 Billion | 1.98% | 0.50x | $101.61 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About Emerging Display Technologies Corp
Emerging Display Technologies Corp. produces and sells capacitive touch panels and liquid crystal displays (LCD) in Taiwan, Europe, the United States, and internationally. The company offers thin-film transistor (TFT), super-twisted nematic (STN) character and graphic, TFT with capacitive touch, STN display, and FSTN display technologies using various methods of driver electronics on various modu… Read more