HannStar Board Corp (5469) - Net Assets
Based on the latest financial reports, HannStar Board Corp (5469) has net assets worth NT$48.58 Billion TWD (≈ $1.53 Billion 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$106.05 Billion ≈ $3.34 Billion USD) and total liabilities (NT$57.47 Billion ≈ $1.81 Billion 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 HannStar Board Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$48.58 Billion |
| % of Total Assets | 45.81% |
| Annual Growth Rate | 16.05% |
| 5-Year Change | 20.31% |
| 10-Year Change | 136.61% |
| Growth Volatility | 19.8 |
HannStar Board Corp - Net Assets Trend (2000–2024)
This chart illustrates how HannStar Board Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of HannStar Board Corp for the complete picture of this company's asset base.
Annual Net Assets for HannStar Board Corp (2000–2024)
The table below shows the annual net assets of HannStar Board Corp from 2000 to 2024. For live valuation and market cap data, see 5469 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$47.42 Billion ≈ $1.49 Billion |
+6.57% |
| 2023-12-31 | NT$44.49 Billion ≈ $1.40 Billion |
+11.37% |
| 2022-12-31 | NT$39.95 Billion ≈ $1.26 Billion |
-0.05% |
| 2021-12-31 | NT$39.97 Billion ≈ $1.26 Billion |
+1.42% |
| 2020-12-31 | NT$39.41 Billion ≈ $1.24 Billion |
+10.74% |
| 2019-12-31 | NT$35.59 Billion ≈ $1.12 Billion |
+28.94% |
| 2018-12-31 | NT$27.60 Billion ≈ $869.50 Million |
+17.30% |
| 2017-12-31 | NT$23.53 Billion ≈ $741.28 Million |
+16.21% |
| 2016-12-31 | NT$20.25 Billion ≈ $637.89 Million |
+1.04% |
| 2015-12-31 | NT$20.04 Billion ≈ $631.34 Million |
+0.96% |
| 2014-12-31 | NT$19.85 Billion ≈ $625.33 Million |
+16.92% |
| 2013-12-31 | NT$16.98 Billion ≈ $534.85 Million |
-0.26% |
| 2012-12-31 | NT$17.02 Billion ≈ $536.23 Million |
-2.95% |
| 2011-12-31 | NT$17.54 Billion ≈ $552.51 Million |
+45.75% |
| 2010-12-31 | NT$12.03 Billion ≈ $379.08 Million |
-5.28% |
| 2009-12-31 | NT$12.70 Billion ≈ $400.20 Million |
+12.86% |
| 2008-12-31 | NT$11.26 Billion ≈ $354.61 Million |
+8.28% |
| 2007-12-31 | NT$10.40 Billion ≈ $327.50 Million |
+19.29% |
| 2006-12-31 | NT$8.71 Billion ≈ $274.53 Million |
+59.25% |
| 2005-12-31 | NT$5.47 Billion ≈ $172.39 Million |
+38.36% |
| 2004-12-31 | NT$3.95 Billion ≈ $124.59 Million |
+67.17% |
| 2003-12-31 | NT$2.37 Billion ≈ $74.53 Million |
+9.31% |
| 2002-12-31 | NT$2.16 Billion ≈ $68.18 Million |
+49.31% |
| 2001-12-31 | NT$1.45 Billion ≈ $45.66 Million |
+8.77% |
| 2000-12-31 | NT$1.33 Billion ≈ $41.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HannStar Board 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 7105.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$16.26 Billion | 50.50% |
| Common Stock | NT$4.86 Billion | 15.10% |
| Other Comprehensive Income | NT$7.05 Billion | 21.88% |
| Other Components | NT$4.03 Billion | 12.52% |
| Total Equity | NT$32.20 Billion | 100.00% |
HannStar Board Corp Competitors by Market Cap
The table below lists competitors of HannStar Board Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bio-Thera Solutions Ltd
SHG:688177
|
$1.25 Billion |
|
MONGOLIAN MINING CRP.REGS
F:29X2
|
$1.25 Billion |
|
Develop Global Ltd
AU:DVP
|
$1.25 Billion |
|
Jsti Group
SHE:300284
|
$1.25 Billion |
|
Eit Environmental Development Group
SHE:300815
|
$1.25 Billion |
|
Advtech
JSE:ADH
|
$1.25 Billion |
|
RES.MINING UNSP.ADR/10
F:RSM0
|
$1.25 Billion |
|
Taysha Gene Therapies Inc
NASDAQ:TSHA
|
$1.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HannStar Board Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,616,273,000 to 32,195,827,000, a change of 1,579,554,000 (5.2%).
- Net income of 3,012,223,000 contributed positively to equity growth.
- Dividend payments of 845,506,000 reduced retained earnings.
- Share repurchases of 622,586,000 reduced equity.
- New share issuances of 125,787,000 increased equity.
- Other comprehensive income increased equity by 204,004,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.01 Billion | +9.36% |
| Dividends Paid | NT$845.51 Million | -2.63% |
| Share Repurchases | NT$622.59 Million | -1.93% |
| Share Issuances | NT$125.79 Million | +0.39% |
| Other Comprehensive Income | NT$204.00 Million | +0.63% |
| Other Changes | NT$-294.37 Million | -0.91% |
| Total Change | NT$- | 5.16% |
Book Value vs Market Value Analysis
This analysis compares HannStar Board 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: 1.31x
- 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 5.26x to 1.31x 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$15.65 | NT$82.30 | x |
| 2007-12-31 | NT$18.18 | NT$82.30 | x |
| 2008-12-31 | NT$18.91 | NT$82.30 | x |
| 2009-12-31 | NT$21.44 | NT$82.30 | x |
| 2010-12-31 | NT$18.25 | NT$82.30 | x |
| 2011-12-31 | NT$20.64 | NT$82.30 | x |
| 2012-12-31 | NT$20.48 | NT$82.30 | x |
| 2013-12-31 | NT$23.02 | NT$82.30 | x |
| 2014-12-31 | NT$26.03 | NT$82.30 | x |
| 2015-12-31 | NT$26.45 | NT$82.30 | x |
| 2016-12-31 | NT$26.81 | NT$82.30 | x |
| 2017-12-31 | NT$33.72 | NT$82.30 | x |
| 2018-12-31 | NT$40.41 | NT$82.30 | x |
| 2019-12-31 | NT$53.50 | NT$82.30 | x |
| 2020-12-31 | NT$55.37 | NT$82.30 | x |
| 2021-12-31 | NT$53.48 | NT$82.30 | x |
| 2022-12-31 | NT$51.60 | NT$82.30 | x |
| 2023-12-31 | NT$57.70 | NT$82.30 | x |
| 2024-12-31 | NT$62.94 | NT$82.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HannStar Board Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.24%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.78x
- Recent ROE (9.36%) is above the historical average (9.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.49% | 6.25% | 0.52x | 1.99x | NT$-46.72 Million |
| 2001 | 7.60% | 6.69% | 0.61x | 1.87x | NT$-34.85 Million |
| 2002 | 6.52% | 5.81% | 0.58x | 1.92x | NT$-75.29 Million |
| 2003 | 11.59% | 7.95% | 0.58x | 2.50x | NT$37.54 Million |
| 2004 | 15.27% | 11.55% | 0.57x | 2.34x | NT$208.39 Million |
| 2005 | 13.87% | 9.13% | 0.58x | 2.62x | NT$211.89 Million |
| 2006 | 11.67% | 6.51% | 0.63x | 2.84x | NT$121.58 Million |
| 2007 | 15.97% | 7.33% | 0.73x | 2.97x | NT$506.07 Million |
| 2008 | 6.52% | 2.78% | 0.79x | 2.98x | NT$-307.80 Million |
| 2009 | 12.52% | 6.45% | 0.73x | 2.65x | NT$251.17 Million |
| 2010 | 5.91% | 2.51% | 0.66x | 3.57x | NT$-381.70 Million |
| 2011 | 4.59% | 1.19% | 0.69x | 5.60x | NT$-574.03 Million |
| 2012 | 5.14% | 0.97% | 1.04x | 5.10x | NT$-510.01 Million |
| 2013 | -2.35% | -0.49% | 0.89x | 5.34x | NT$-1.32 Billion |
| 2014 | 5.85% | 1.45% | 0.82x | 4.91x | NT$-500.92 Million |
| 2015 | 2.97% | 0.90% | 0.74x | 4.48x | NT$-861.56 Million |
| 2016 | 7.60% | 2.40% | 0.74x | 4.27x | NT$-298.74 Million |
| 2017 | 5.48% | 2.16% | 0.69x | 3.67x | NT$-705.94 Million |
| 2018 | 8.52% | 3.65% | 0.70x | 3.32x | NT$-277.86 Million |
| 2019 | 11.19% | 6.53% | 0.61x | 2.80x | NT$300.44 Million |
| 2020 | 11.06% | 6.92% | 0.61x | 2.64x | NT$303.87 Million |
| 2021 | 20.64% | 10.28% | 0.74x | 2.73x | NT$3.02 Billion |
| 2022 | 16.88% | 9.72% | 0.63x | 2.76x | NT$1.89 Billion |
| 2023 | 8.75% | 6.24% | 0.55x | 2.56x | NT$-381.97 Million |
| 2024 | 9.36% | 7.24% | 0.47x | 2.78x | NT$-207.36 Million |
Industry Comparison
This section compares HannStar Board 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 |
|---|---|---|---|---|
| HannStar Board Corp (5469) | NT$48.58 Billion | 6.49% | 1.18x | $1.25 Billion |
| 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 HannStar Board Corp
HannStar Board Corporation manufactures, assembles, and sells printed circuit boards (PCBs) in Taiwan. The company offers double-sided, multi-layer, thick copper, high-density interconnect, and SLC multi-layer PCB products. Its products are used in games, televisions, liquid crystal displays, personal computers, networking and automotive products, set up boxes, servers, and other applications. In… Read more