Taiwan Mobile Co Ltd
Taiwan Mobile Co., Ltd. provides wireless communication services in Taiwan, the Republic of China, and internationally. The company provides 5g, postpaid, prepaid, e-sim, international call, international roaming, and gaming services. It also offers wireless, fixed-line telecom, digital TV subscription, cable broadband, e-commerce, TV home shopping, integrated information, and communication servi… Read more
Taiwan Mobile Co Ltd (3045) - Net Assets
Latest net assets as of September 2025: NT$90.09 Billion TWD
Based on the latest financial reports, Taiwan Mobile Co Ltd (3045) has net assets worth NT$90.09 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$233.59 Billion) and total liabilities (NT$143.51 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$90.09 Billion |
| % of Total Assets | 38.57% |
| Annual Growth Rate | 1.74% |
| 5-Year Change | 30.47% |
| 10-Year Change | 43.86% |
| Growth Volatility | 19.9 |
Taiwan Mobile Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Taiwan Mobile 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 Taiwan Mobile Co Ltd (2002–2024)
The table below shows the annual net assets of Taiwan Mobile Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$93.93 Billion | +0.58% |
| 2023-12-31 | NT$93.38 Billion | +28.19% |
| 2022-12-31 | NT$72.85 Billion | -0.58% |
| 2021-12-31 | NT$73.28 Billion | +1.79% |
| 2020-12-31 | NT$71.99 Billion | -2.95% |
| 2019-12-31 | NT$74.18 Billion | +9.09% |
| 2018-12-31 | NT$67.99 Billion | +3.79% |
| 2017-12-31 | NT$65.51 Billion | -1.02% |
| 2016-12-31 | NT$66.19 Billion | +1.37% |
| 2015-12-31 | NT$65.29 Billion | -1.84% |
| 2014-12-31 | NT$66.51 Billion | +13.66% |
| 2013-12-31 | NT$58.52 Billion | +15.18% |
| 2012-12-31 | NT$50.81 Billion | +1.48% |
| 2011-12-31 | NT$50.06 Billion | -1.64% |
| 2010-12-31 | NT$50.90 Billion | -2.27% |
| 2009-12-31 | NT$52.08 Billion | +2.25% |
| 2008-12-31 | NT$50.94 Billion | +57.19% |
| 2007-12-31 | NT$32.41 Billion | -63.95% |
| 2006-12-31 | NT$89.89 Billion | +2.39% |
| 2005-12-31 | NT$87.80 Billion | +8.43% |
| 2004-12-31 | NT$80.97 Billion | +17.03% |
| 2003-12-31 | NT$69.19 Billion | +7.71% |
| 2002-12-31 | NT$64.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Mobile 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 decreased by 7.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$13.97 Billion | 16.35% |
| Common Stock | NT$37.23 Billion | 43.60% |
| Other Comprehensive Income | NT$34.62 Billion | 40.54% |
| Total Equity | NT$85.40 Billion | 100.00% |
Taiwan Mobile Co Ltd Competitors by Market Cap
The table below lists competitors of Taiwan Mobile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ChampionX Corporation
NASDAQ:CHX
|
$4.89 Billion |
|
Avnet Inc
NASDAQ:AVT
|
$4.89 Billion |
|
Max Financial Services Limited
NSE:MFSL
|
$4.89 Billion |
|
Sunwoda Electronic
SHE:300207
|
$4.89 Billion |
|
RHB Bank Bhd
KLSE:1066
|
$4.88 Billion |
|
Ebara Corporation
PINK:EBCOF
|
$4.88 Billion |
|
Tianfeng Securities Co Ltd
SHG:601162
|
$4.88 Billion |
|
Home BancShares Inc
NYSE:HOMB
|
$4.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Mobile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 84,823,548,000 to 85,400,360,000, a change of 576,812,000 (0.7%).
- Net income of 13,816,716,000 contributed positively to equity growth.
- Dividend payments of 15,021,812,000 reduced retained earnings.
- Other comprehensive income increased equity by 34,300,696,000.
- Other factors decreased equity by 32,518,788,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$13.82 Billion | +16.18% |
| Dividends Paid | NT$15.02 Billion | -17.59% |
| Other Comprehensive Income | NT$34.30 Billion | +40.16% |
| Other Changes | NT$-32.52 Billion | -38.08% |
| Total Change | NT$- | 0.68% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Mobile 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: 3.78x
- 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 4.03x to 3.78x 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$26.41 | NT$106.50 | x |
| 2007-12-31 | NT$8.99 | NT$106.50 | x |
| 2008-12-31 | NT$19.02 | NT$106.50 | x |
| 2009-12-31 | NT$19.36 | NT$106.50 | x |
| 2010-12-31 | NT$16.97 | NT$106.50 | x |
| 2011-12-31 | NT$17.06 | NT$106.50 | x |
| 2012-12-31 | NT$18.45 | NT$106.50 | x |
| 2013-12-31 | NT$21.30 | NT$106.50 | x |
| 2014-12-31 | NT$22.29 | NT$106.50 | x |
| 2015-12-31 | NT$21.83 | NT$106.50 | x |
| 2016-12-31 | NT$22.08 | NT$106.50 | x |
| 2017-12-31 | NT$21.17 | NT$106.50 | x |
| 2018-12-31 | NT$21.93 | NT$106.50 | x |
| 2019-12-31 | NT$24.09 | NT$106.50 | x |
| 2020-12-31 | NT$23.14 | NT$106.50 | x |
| 2021-12-31 | NT$23.20 | NT$106.50 | x |
| 2022-12-31 | NT$22.83 | NT$106.50 | x |
| 2023-12-31 | NT$29.84 | NT$106.50 | x |
| 2024-12-31 | NT$28.19 | NT$106.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Mobile 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): 16.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.93%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.83x
- Recent ROE (16.18%) is below the historical average (22.26%), 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 | 23.25% | 25.60% | 0.38x | 2.39x | NT$8.51 Billion |
| 2003 | 19.29% | 22.39% | 0.44x | 1.97x | NT$6.43 Billion |
| 2004 | 20.57% | 30.20% | 0.44x | 1.55x | NT$8.56 Billion |
| 2005 | 18.67% | 27.32% | 0.50x | 1.38x | NT$7.54 Billion |
| 2006 | 18.04% | 27.53% | 0.50x | 1.32x | NT$7.23 Billion |
| 2007 | 21.26% | 10.24% | 0.67x | 3.08x | NT$3.59 Billion |
| 2008 | 30.20% | 22.18% | 0.75x | 1.81x | NT$10.28 Billion |
| 2009 | 26.67% | 20.28% | 0.80x | 1.65x | NT$8.68 Billion |
| 2010 | 27.17% | 19.70% | 0.82x | 1.68x | NT$8.74 Billion |
| 2011 | 27.52% | 16.55% | 0.89x | 1.88x | NT$8.57 Billion |
| 2012 | 29.55% | 14.97% | 1.06x | 1.86x | NT$9.72 Billion |
| 2013 | 27.13% | 14.28% | 0.79x | 2.41x | NT$9.84 Billion |
| 2014 | 24.90% | 13.32% | 0.73x | 2.55x | NT$8.98 Billion |
| 2015 | 26.34% | 13.51% | 0.74x | 2.62x | NT$9.73 Billion |
| 2016 | 25.36% | 13.13% | 0.77x | 2.51x | NT$9.28 Billion |
| 2017 | 23.80% | 12.11% | 0.76x | 2.59x | NT$8.23 Billion |
| 2018 | 22.05% | 11.49% | 0.80x | 2.39x | NT$7.45 Billion |
| 2019 | 18.35% | 10.03% | 0.81x | 2.26x | NT$5.68 Billion |
| 2020 | 17.27% | 8.50% | 0.72x | 2.82x | NT$4.75 Billion |
| 2021 | 16.77% | 7.04% | 0.82x | 2.91x | NT$4.43 Billion |
| 2022 | 17.10% | 6.40% | 0.89x | 2.99x | NT$4.58 Billion |
| 2023 | 14.47% | 6.69% | 0.75x | 2.86x | NT$3.79 Billion |
| 2024 | 16.18% | 6.93% | 0.83x | 2.83x | NT$5.28 Billion |
Industry Comparison
This section compares Taiwan Mobile Co Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $2,034,687,778
- Average return on equity (ROE) among peers: 10.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Mobile Co Ltd (3045) | NT$90.09 Billion | 23.25% | 1.59x | $4.88 Billion |
| Tsann Kuen Enterprise Co Ltd (2430) | $4.72 Billion | 4.73% | 0.96x | $32.65 Million |
| Shan-Loong Transportation Co Ltd (2616) | $2.88 Billion | 7.37% | 0.95x | $46.17 Million |
| Gseven Co Ltd (2937) | $415.06 Million | 9.40% | 1.38x | $17.88 Million |
| Zhen Yu Hardware Co., Ltd. (2947) | $735.63 Million | 6.08% | 3.07x | $21.12 Million |
| Scan-D (6195) | $1.37 Billion | 19.67% | 1.19x | $19.23 Million |
| E-Life Mall Corp (6281) | $1.39 Billion | 22.75% | 1.28x | $111.02 Million |
| Afastor Corporation (6707) | $853.44 Million | 7.12% | 4.70x | $7.95K |
| Bon Fame Co Ltd (8433) | $1.34 Billion | 16.02% | 1.00x | $39.80 Million |
| North-Star International Co Ltd (8927) | $4.60 Billion | 2.86% | 2.63x | $152.61 Million |