Formosa Sumco Technology Corp
Formosa Sumco Technology Corporation engages in the manufacture, sale, and trade of silicon wafers in Taiwan, Japan, and China. It offers polished, annealed, and epitaxial wafers, as well as monocrystalline ingots. The company was incorporated in 1995 and is based in Taipei, Taiwan.
Formosa Sumco Technology Corp (3532) - Net Assets
Latest net assets as of September 2025: NT$24.41 Billion TWD
Based on the latest financial reports, Formosa Sumco Technology Corp (3532) has net assets worth NT$24.41 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$51.18 Billion) and total liabilities (NT$26.77 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$24.41 Billion |
| % of Total Assets | 47.69% |
| Annual Growth Rate | 1.46% |
| 5-Year Change | 21.92% |
| 10-Year Change | 23.23% |
| Growth Volatility | 5.76 |
Formosa Sumco Technology Corp - Net Assets Trend (2008–2024)
This chart illustrates how Formosa Sumco Technology Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Formosa Sumco Technology Corp (2008–2024)
The table below shows the annual net assets of Formosa Sumco Technology Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$24.81 Billion | -2.53% |
| 2023-12-31 | NT$25.45 Billion | +2.48% |
| 2022-12-31 | NT$24.83 Billion | +19.08% |
| 2021-12-31 | NT$20.85 Billion | +2.49% |
| 2020-12-31 | NT$20.35 Billion | -0.24% |
| 2019-12-31 | NT$20.39 Billion | -6.33% |
| 2018-12-31 | NT$21.77 Billion | +0.47% |
| 2017-12-31 | NT$21.67 Billion | +8.35% |
| 2016-12-31 | NT$20.00 Billion | -0.64% |
| 2015-12-31 | NT$20.13 Billion | +2.50% |
| 2014-12-31 | NT$19.64 Billion | +4.57% |
| 2013-12-31 | NT$18.78 Billion | +0.74% |
| 2012-12-31 | NT$18.64 Billion | +0.45% |
| 2011-12-31 | NT$18.56 Billion | -0.89% |
| 2010-12-31 | NT$18.73 Billion | +2.10% |
| 2009-12-31 | NT$18.34 Billion | -6.78% |
| 2008-12-31 | NT$19.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Formosa Sumco Technology 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 102.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$11.80 Billion | 47.59% |
| Common Stock | NT$3.88 Billion | 15.64% |
| Other Comprehensive Income | NT$3.38 Billion | 13.64% |
| Other Components | NT$5.74 Billion | 23.14% |
| Total Equity | NT$24.81 Billion | 100.00% |
Formosa Sumco Technology Corp Competitors by Market Cap
The table below lists competitors of Formosa Sumco Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Daye Co Ltd Class A
SHG:603278
|
$244.22 Million |
|
Esab India Limited
NSE:ESABINDIA
|
$244.26 Million |
|
China Youzan Ltd
PINK:CHNVF
|
$244.32 Million |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
$244.33 Million |
|
Objective Corporation Ltd
AU:OCL
|
$244.18 Million |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
$244.17 Million |
|
BrainChip Holdings Ltd
OTCQX:BCHPY
|
$244.10 Million |
|
Sopharma AD
WAR:SPH
|
$244.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Formosa Sumco Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,448,851,000 to 24,805,725,000, a change of -643,126,000 (-2.5%).
- Net income of 1,299,864,000 contributed positively to equity growth.
- Dividend payments of 1,939,098,000 reduced retained earnings.
- Other comprehensive income increased equity by 353,899,000.
- Other factors decreased equity by 357,791,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.30 Billion | +5.24% |
| Dividends Paid | NT$1.94 Billion | -7.82% |
| Other Comprehensive Income | NT$353.90 Million | +1.43% |
| Other Changes | NT$-357.79 Million | -1.44% |
| Total Change | NT$- | -2.53% |
Book Value vs Market Value Analysis
This analysis compares Formosa Sumco Technology 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: 1.97x
- 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 2.66x to 1.97x 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$47.29 | NT$126.00 | x |
| 2010-12-31 | NT$48.28 | NT$126.00 | x |
| 2011-12-31 | NT$47.85 | NT$126.00 | x |
| 2012-12-31 | NT$48.07 | NT$126.00 | x |
| 2013-12-31 | NT$48.42 | NT$126.00 | x |
| 2014-12-31 | NT$50.63 | NT$126.00 | x |
| 2015-12-31 | NT$51.90 | NT$126.00 | x |
| 2016-12-31 | NT$51.57 | NT$126.00 | x |
| 2017-12-31 | NT$55.84 | NT$126.00 | x |
| 2018-12-31 | NT$52.71 | NT$126.00 | x |
| 2019-12-31 | NT$52.57 | NT$126.00 | x |
| 2020-12-31 | NT$52.45 | NT$126.00 | x |
| 2021-12-31 | NT$53.76 | NT$126.00 | x |
| 2022-12-31 | NT$64.00 | NT$126.00 | x |
| 2023-12-31 | NT$65.60 | NT$126.00 | x |
| 2024-12-31 | NT$63.95 | NT$126.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Formosa Sumco Technology Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.46%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.15x
- Recent ROE (5.24%) is below the historical average (7.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 9.52% | 23.56% | 0.35x | 1.16x | NT$-94.57 Million |
| 2009 | -3.65% | -9.65% | 0.31x | 1.21x | NT$-2.50 Billion |
| 2010 | 2.06% | 3.99% | 0.44x | 1.16x | NT$-1.49 Billion |
| 2011 | 0.77% | 1.69% | 0.35x | 1.30x | NT$-1.71 Billion |
| 2012 | 0.45% | 0.87% | 0.40x | 1.28x | NT$-1.78 Billion |
| 2013 | 1.67% | 3.18% | 0.45x | 1.17x | NT$-1.56 Billion |
| 2014 | 5.53% | 9.75% | 0.51x | 1.12x | NT$-877.10 Million |
| 2015 | 6.35% | 12.19% | 0.47x | 1.10x | NT$-734.89 Million |
| 2016 | 3.65% | 6.77% | 0.50x | 1.09x | NT$-1.27 Billion |
| 2017 | 10.35% | 17.64% | 0.52x | 1.12x | NT$75.57 Million |
| 2018 | 25.63% | 34.11% | 0.66x | 1.14x | NT$3.40 Billion |
| 2019 | 10.42% | 18.27% | 0.51x | 1.12x | NT$86.32 Million |
| 2020 | 6.43% | 10.96% | 0.52x | 1.14x | NT$-726.69 Million |
| 2021 | 6.77% | 11.60% | 0.51x | 1.14x | NT$-674.51 Million |
| 2022 | 19.42% | 29.41% | 0.46x | 1.45x | NT$2.34 Billion |
| 2023 | 13.59% | 23.25% | 0.30x | 1.93x | NT$913.96 Million |
| 2024 | 5.24% | 10.46% | 0.23x | 2.15x | NT$-1.18 Billion |
Industry Comparison
This section compares Formosa Sumco Technology Corp's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $4,492,917,500
- Average return on equity (ROE) among peers: 9.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Formosa Sumco Technology Corp (3532) | NT$24.41 Billion | 9.52% | 1.10x | $244.18 Million |
| Rectron Ltd (2302) | $4.12 Billion | 0.00% | 0.40x | $39.77 Million |
| Taiwan Mask Corp (2338) | $5.04 Billion | 13.49% | 0.56x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.41 Billion | 4.39% | 0.45x | $280.99 Million |
| Greatek Electronics Inc (2441) | $12.28 Billion | 13.16% | 0.16x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $3.13 Billion | 13.22% | 0.25x | $1.24 Billion |
| Pan Jit International Inc (2481) | $4.10 Billion | 7.99% | 1.53x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $1.61 Billion | 6.35% | 1.01x | $248.77 Million |
| Episil-Precision Inc (3016) | $1.12 Billion | 6.80% | 0.13x | $174.76 Million |
| Zenitron Corp (3028) | $2.03 Billion | 10.05% | 1.97x | $279.08 Million |
| ALi Corp (3041) | $6.09 Billion | 14.62% | 0.19x | $98.65 Million |