WPG Holdings Ltd
WPG Holdings Limited distributes and sells electronic and electrical components, computer software, and electrical products in Taiwan, Mainland China, and internationally. It offers core components, including AI accelerator, chipset, graphics/audio/video controller, smartphone chip, network/modern chipset, self-driving control chip, MCU, GPU, CPU/MPU, and RISC CPU; analog IC and mixed-signal IC c… Read more
WPG Holdings Ltd (3702) - Net Assets
Latest net assets as of September 2025: NT$77.41 Billion TWD
Based on the latest financial reports, WPG Holdings Ltd (3702) has net assets worth NT$77.41 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$385.27 Billion) and total liabilities (NT$307.86 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$77.41 Billion |
| % of Total Assets | 20.09% |
| Annual Growth Rate | 11.02% |
| 5-Year Change | 27.83% |
| 10-Year Change | 74.62% |
| Growth Volatility | 15.63 |
WPG Holdings Ltd - Net Assets Trend (2005–2024)
This chart illustrates how WPG Holdings 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 WPG Holdings Ltd (2005–2024)
The table below shows the annual net assets of WPG Holdings Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$84.37 Billion | -0.32% |
| 2023-12-31 | NT$84.64 Billion | +3.33% |
| 2022-12-31 | NT$81.91 Billion | +15.01% |
| 2021-12-31 | NT$71.23 Billion | +7.91% |
| 2020-12-31 | NT$66.00 Billion | +3.18% |
| 2019-12-31 | NT$63.97 Billion | +16.68% |
| 2018-12-31 | NT$54.82 Billion | +5.32% |
| 2017-12-31 | NT$52.06 Billion | +3.45% |
| 2016-12-31 | NT$50.32 Billion | +4.14% |
| 2015-12-31 | NT$48.32 Billion | +7.09% |
| 2014-12-31 | NT$45.12 Billion | +12.98% |
| 2013-12-31 | NT$39.94 Billion | +4.53% |
| 2012-12-31 | NT$38.21 Billion | +1.04% |
| 2011-12-31 | NT$37.81 Billion | +11.51% |
| 2010-12-31 | NT$33.91 Billion | +67.50% |
| 2009-12-31 | NT$20.24 Billion | +37.18% |
| 2008-12-31 | NT$14.76 Billion | +2.31% |
| 2007-12-31 | NT$14.43 Billion | +19.07% |
| 2006-12-31 | NT$12.11 Billion | +4.72% |
| 2005-12-31 | NT$11.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to WPG Holdings 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 grown by 2772787200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$27.73 Billion | 33.32% |
| Common Stock | NT$16.79 Billion | 20.18% |
| Other Comprehensive Income | NT$17.32 Billion | 20.81% |
| Other Components | NT$21.39 Billion | 25.70% |
| Total Equity | NT$83.22 Billion | 100.00% |
WPG Holdings Ltd Competitors by Market Cap
The table below lists competitors of WPG Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Salubris Pharmaceuticals Co Ltd
SHE:002294
|
$3.32 Billion |
|
Nan Ya Printed Circuit Board Corp
TW:8046
|
$3.32 Billion |
|
Finning International Inc.
PINK:FINGF
|
$3.33 Billion |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
$3.33 Billion |
|
Liberty Global PLC Class B
NASDAQ:LBTYB
|
$3.32 Billion |
|
Discovery Silver Corp.
LSE:0A61
|
$3.32 Billion |
|
Bumrungrad Hospital Public Company Limited
PINK:BUHPF
|
$3.32 Billion |
|
JDE Peet's N.V
PINK:JDEPF
|
$3.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WPG Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 83,644,540,000 to 83,220,535,000, a change of -424,005,000 (-0.5%).
- Net income of 7,245,173,000 contributed positively to equity growth.
- Dividend payments of 6,276,699,000 reduced retained earnings.
- Share repurchases of 10,000,000,000 reduced equity.
- Other comprehensive income increased equity by 19,598,300,000.
- Other factors decreased equity by 10,990,779,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$7.25 Billion | +8.71% |
| Dividends Paid | NT$6.28 Billion | -7.54% |
| Share Repurchases | NT$10.00 Billion | -12.02% |
| Other Comprehensive Income | NT$19.60 Billion | +23.55% |
| Other Changes | NT$-10.99 Billion | -13.21% |
| Total Change | NT$- | -0.51% |
Book Value vs Market Value Analysis
This analysis compares WPG Holdings 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: 1.51x
- 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 5.47x to 1.51x 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$13.61 | NT$74.50 | x |
| 2007-12-31 | NT$16.56 | NT$74.50 | x |
| 2008-12-31 | NT$16.21 | NT$74.50 | x |
| 2009-12-31 | NT$19.27 | NT$74.50 | x |
| 2010-12-31 | NT$30.46 | NT$74.50 | x |
| 2011-12-31 | NT$25.45 | NT$74.50 | x |
| 2012-12-31 | NT$25.19 | NT$74.50 | x |
| 2013-12-31 | NT$26.14 | NT$74.50 | x |
| 2014-12-31 | NT$28.44 | NT$74.50 | x |
| 2015-12-31 | NT$28.70 | NT$74.50 | x |
| 2016-12-31 | NT$29.74 | NT$74.50 | x |
| 2017-12-31 | NT$28.22 | NT$74.50 | x |
| 2018-12-31 | NT$30.76 | NT$74.50 | x |
| 2019-12-31 | NT$37.78 | NT$74.50 | x |
| 2020-12-31 | NT$38.96 | NT$74.50 | x |
| 2021-12-31 | NT$41.88 | NT$74.50 | x |
| 2022-12-31 | NT$48.27 | NT$74.50 | x |
| 2023-12-31 | NT$49.80 | NT$74.50 | x |
| 2024-12-31 | NT$49.28 | NT$74.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WPG Holdings 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): 8.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.82%
- • Asset Turnover: 2.17x
- • Equity Multiplier: 4.88x
- Recent ROE (8.71%) is below the historical average (12.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 11.75% | 1.19% | 3.11x | 3.17x | NT$206.74 Million |
| 2007 | 18.12% | 1.79% | 3.02x | 3.35x | NT$1.15 Billion |
| 2008 | 12.56% | 1.29% | 3.37x | 2.90x | NT$375.25 Million |
| 2009 | 17.24% | 1.76% | 3.28x | 2.97x | NT$1.46 Billion |
| 2010 | 14.67% | 1.93% | 2.73x | 2.79x | NT$1.58 Billion |
| 2011 | 13.69% | 1.53% | 3.05x | 2.94x | NT$1.37 Billion |
| 2012 | 11.70% | 1.24% | 3.01x | 3.14x | NT$650.40 Million |
| 2013 | 11.93% | 1.17% | 3.01x | 3.39x | NT$768.41 Million |
| 2014 | 12.89% | 1.28% | 2.82x | 3.56x | NT$1.30 Billion |
| 2015 | 11.35% | 1.05% | 2.88x | 3.75x | NT$643.43 Million |
| 2016 | 10.67% | 0.99% | 3.00x | 3.59x | NT$333.09 Million |
| 2017 | 14.19% | 1.37% | 2.98x | 3.47x | NT$2.16 Billion |
| 2018 | 13.73% | 1.37% | 2.78x | 3.61x | NT$2.03 Billion |
| 2019 | 10.17% | 1.22% | 2.29x | 3.63x | NT$106.19 Million |
| 2020 | 12.41% | 1.33% | 2.61x | 3.57x | NT$1.58 Billion |
| 2021 | 16.33% | 1.48% | 2.71x | 4.09x | NT$4.46 Billion |
| 2022 | 12.97% | 1.36% | 2.45x | 3.90x | NT$2.41 Billion |
| 2023 | 9.70% | 1.21% | 2.14x | 3.76x | NT$-255.05 Million |
| 2024 | 8.71% | 0.82% | 2.17x | 4.88x | NT$-1.08 Billion |
Industry Comparison
This section compares WPG Holdings Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,659,363,300
- Average return on equity (ROE) among peers: 6.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WPG Holdings Ltd (3702) | NT$77.41 Billion | 11.75% | 3.98x | $3.32 Billion |
| China Wire & Cable Co Ltd (1603) | $5.42 Billion | 6.01% | 0.54x | $77.13 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $3.21 Billion | 0.00% | 0.41x | $109.62 Million |
| Senao International Co Ltd (2450) | $2.47 Billion | 19.08% | 0.98x | $63.49 Million |
| Wah Lee Industrial Corp (3010) | $10.51 Billion | 12.11% | 1.50x | $645.33 Million |
| Weikeng Industrial Co Ltd (3033) | $8.02 Billion | 21.45% | 2.43x | $384.05 Million |
| Edom Technology Co Ltd (3048) | $2.10 Billion | 2.91% | 1.93x | $169.71 Million |
| MetaTech AP (3224) | $2.73 Billion | -4.83% | 0.20x | $59.52 Million |
| Sentronic International (3232) | $707.13 Million | 2.11% | 1.04x | $22.56 Million |
| Kworld Computer Co Ltd (3287) | $564.27 Million | 0.19% | 0.26x | $17.39 Million |
| Casing Macron Technology Co Ltd (3325) | $856.45 Million | 7.53% | 0.84x | $31.07 Million |