WinMate Communication INC
Winmate Inc. engages in the research and development, manufacture, and sales of rugged display equipment and rugged mobile computer in Europe, Asia, the United States, and internationally. The company offers computing artificial intelligence mobile computer, rugged touch laptop and handheld mobile computer, windows and android rugged tablet, and radio gateway; car tablet, windows, and car android… Read more
WinMate Communication INC (3416) - Net Assets
Latest net assets as of December 2025: NT$3.53 Billion TWD
Based on the latest financial reports, WinMate Communication INC (3416) has net assets worth NT$3.53 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.98 Billion) and total liabilities (NT$1.45 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$3.53 Billion |
| % of Total Assets | 70.96% |
| Annual Growth Rate | 8.11% |
| 5-Year Change | 54.36% |
| 10-Year Change | 117.78% |
| Growth Volatility | 10.0 |
WinMate Communication INC - Net Assets Trend (2010–2025)
This chart illustrates how WinMate Communication INC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WinMate Communication INC (2010–2025)
The table below shows the annual net assets of WinMate Communication INC from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.53 Billion | +5.24% |
| 2024-12-31 | NT$3.36 Billion | +9.43% |
| 2023-12-31 | NT$3.07 Billion | +20.74% |
| 2022-12-31 | NT$2.54 Billion | +11.01% |
| 2021-12-31 | NT$2.29 Billion | +3.88% |
| 2020-12-31 | NT$2.20 Billion | +1.99% |
| 2019-12-31 | NT$2.16 Billion | +2.98% |
| 2018-12-31 | NT$2.10 Billion | -0.46% |
| 2017-12-31 | NT$2.11 Billion | +29.91% |
| 2016-12-31 | NT$1.62 Billion | -1.37% |
| 2015-12-31 | NT$1.64 Billion | -1.51% |
| 2014-12-31 | NT$1.67 Billion | +25.15% |
| 2013-12-31 | NT$1.33 Billion | +19.12% |
| 2012-12-31 | NT$1.12 Billion | +1.63% |
| 2011-12-31 | NT$1.10 Billion | +0.50% |
| 2010-12-31 | NT$1.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to WinMate Communication INC'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 321.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.20 Billion | 33.85% |
| Common Stock | NT$804.32 Million | 22.76% |
| Other Comprehensive Income | NT$528.52 Million | 14.96% |
| Other Components | NT$1.00 Billion | 28.43% |
| Total Equity | NT$3.53 Billion | 100.00% |
WinMate Communication INC Competitors by Market Cap
The table below lists competitors of WinMate Communication INC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Innover Technology Co Ltd
SHE:002767
|
$181.69 Million |
|
MegaStudyEdu Co. Ltd
KQ:215200
|
$181.69 Million |
|
PT Sampoerna Agro Tbk
F:SZ31
|
$181.71 Million |
|
Rongsheng Paper
SHG:603165
|
$181.75 Million |
|
Shanghai Orient-Chip Technology Co. Ltd. A
SHG:688061
|
$181.66 Million |
|
Taiwan Microloops Corp.
TW:6831
|
$181.64 Million |
|
Taskus Inc
NASDAQ:TASK
|
$181.63 Million |
|
Evertz Technologies Limited
PINK:EVTZF
|
$181.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WinMate Communication INC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,352,717,000 to 3,533,620,000, a change of 180,903,000 (5.4%).
- Net income of 591,003,000 contributed positively to equity growth.
- Dividend payments of 438,606,000 reduced retained earnings.
- New share issuances of 13,683,000 increased equity.
- Other comprehensive income increased equity by 528,522,000.
- Other factors decreased equity by 513,699,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$591.00 Million | +16.73% |
| Dividends Paid | NT$438.61 Million | -12.41% |
| Share Issuances | NT$13.68 Million | +0.39% |
| Other Comprehensive Income | NT$528.52 Million | +14.96% |
| Other Changes | NT$-513.70 Million | -14.54% |
| Total Change | NT$- | 5.40% |
Book Value vs Market Value Analysis
This analysis compares WinMate Communication INC'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: 3.54x
- 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 7.53x to 3.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | NT$19.64 | NT$148.00 | x |
| 2011-12-31 | NT$18.31 | NT$148.00 | x |
| 2012-12-31 | NT$19.11 | NT$148.00 | x |
| 2013-12-31 | NT$24.06 | NT$148.00 | x |
| 2014-12-31 | NT$29.16 | NT$148.00 | x |
| 2015-12-31 | NT$27.03 | NT$148.00 | x |
| 2016-12-31 | NT$26.72 | NT$148.00 | x |
| 2017-12-31 | NT$33.90 | NT$148.00 | x |
| 2018-12-31 | NT$28.85 | NT$148.00 | x |
| 2019-12-31 | NT$29.66 | NT$148.00 | x |
| 2020-12-31 | NT$30.24 | NT$148.00 | x |
| 2021-12-31 | NT$28.66 | NT$148.00 | x |
| 2022-12-31 | NT$31.57 | NT$148.00 | x |
| 2023-12-31 | NT$38.19 | NT$148.00 | x |
| 2024-12-31 | NT$41.68 | NT$148.00 | x |
| 2025-12-31 | NT$41.85 | NT$148.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WinMate Communication INC 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): 16.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.23%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.41x
- Recent ROE (16.73%) is above the historical average (14.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 19.87% | 16.35% | 0.84x | 1.46x | NT$108.19 Million |
| 2011 | 15.48% | 14.27% | 0.77x | 1.41x | NT$60.06 Million |
| 2012 | 13.63% | 12.03% | 0.88x | 1.29x | NT$40.36 Million |
| 2013 | 16.66% | 14.88% | 0.94x | 1.20x | NT$88.80 Million |
| 2014 | 13.97% | 15.38% | 0.78x | 1.17x | NT$66.25 Million |
| 2015 | 12.89% | 13.96% | 0.80x | 1.16x | NT$47.50 Million |
| 2016 | 11.37% | 13.69% | 0.70x | 1.19x | NT$22.22 Million |
| 2017 | 6.39% | 9.51% | 0.57x | 1.17x | NT$-76.14 Million |
| 2018 | 9.78% | 13.10% | 0.63x | 1.19x | NT$-4.64 Million |
| 2019 | 11.17% | 14.48% | 0.67x | 1.15x | NT$25.30 Million |
| 2020 | 11.63% | 13.87% | 0.67x | 1.26x | NT$35.85 Million |
| 2021 | 15.94% | 14.58% | 0.71x | 1.54x | NT$135.96 Million |
| 2022 | 17.82% | 17.01% | 0.71x | 1.48x | NT$198.50 Million |
| 2023 | 16.50% | 19.47% | 0.67x | 1.27x | NT$199.35 Million |
| 2024 | 16.69% | 18.30% | 0.65x | 1.41x | NT$224.18 Million |
| 2025 | 16.73% | 16.23% | 0.73x | 1.41x | NT$237.64 Million |
Industry Comparison
This section compares WinMate Communication INC's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WinMate Communication INC (3416) | NT$3.53 Billion | 19.87% | 0.41x | $181.68 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |