HannStar Board Corp (5469) - Net Assets

Latest as of March 2026: NT$55.92 Billion TWD ≈ $1.76 Billion USD

Based on the latest financial reports, HannStar Board Corp (5469) has net assets worth NT$55.92 Billion TWD (≈ $1.76 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$119.01 Billion ≈ $3.75 Billion USD) and total liabilities (NT$63.09 Billion ≈ $1.99 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 tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$55.92 Billion
% of Total Assets 46.99%
Annual Growth Rate 15.93%
5-Year Change 34.08%
10-Year Change 164.69%
Growth Volatility 19.42

HannStar Board Corp - Net Assets Trend (2000–2025)

This chart illustrates how HannStar Board Corp's net assets have evolved over time, based on quarterly financial data. See 5469 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for HannStar Board Corp (2000–2025)

The table below shows the annual net assets of HannStar Board Corp from 2000 to 2025. For live valuation and market cap data, see 5469 market cap.

Year Net Assets Change
2025-12-31 NT$53.59 Billion
≈ $1.69 Billion
+13.03%
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 7928.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings NT$18.11 Billion 49.91%
Common Stock NT$4.86 Billion 13.40%
Other Comprehensive Income NT$9.24 Billion 25.46%
Other Components NT$4.07 Billion 11.23%
Total Equity NT$36.29 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
Orchid Island Capital Inc.
NYSE:ORC
$1.33 Billion
ShanXi Coking Co Ltd
SHG:600740
$1.33 Billion
Bright Dairy & Food Co Ltd
SHG:600597
$1.33 Billion
Shenyang Xingqi Pharmaceutical Co Ltd
SHE:300573
$1.33 Billion
Keshun Waterproof Technologies Co Ltd Class A
SHE:300737
$1.33 Billion
Zhejiang Wanliyang Transmission Co Ltd
SHE:002434
$1.33 Billion
Hunan Fazhan Industrial Co Ltd
SHE:000722
$1.33 Billion
Jiangling Motors Corp Ltd
SHE:000550
$1.32 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 2024 to 2025, total equity changed from 32,195,827,000 to 36,288,375,000, a change of 4,092,548,000 (12.7%).
  • Net income of 2,923,435,000 contributed positively to equity growth.
  • Dividend payments of 1,215,415,000 reduced retained earnings.
  • Share repurchases of 548,009,000 reduced equity.
  • New share issuances of 726,105,000 increased equity.
  • Other comprehensive income increased equity by 2,193,896,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income NT$2.92 Billion +8.06%
Dividends Paid NT$1.22 Billion -3.35%
Share Repurchases NT$548.01 Million -1.51%
Share Issuances NT$726.11 Million +2.0%
Other Comprehensive Income NT$2.19 Billion +6.05%
Other Changes NT$12.54 Million +0.03%
Total Change NT$- 12.71%

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: 1.86x
  • 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 5.53x to 1.86x 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$86.60 x
2007-12-31 NT$18.18 NT$86.60 x
2008-12-31 NT$18.91 NT$86.60 x
2009-12-31 NT$21.44 NT$86.60 x
2010-12-31 NT$18.25 NT$86.60 x
2011-12-31 NT$20.64 NT$86.60 x
2012-12-31 NT$20.48 NT$86.60 x
2013-12-31 NT$23.02 NT$86.60 x
2014-12-31 NT$26.03 NT$86.60 x
2015-12-31 NT$26.45 NT$86.60 x
2016-12-31 NT$26.81 NT$86.60 x
2017-12-31 NT$33.72 NT$86.60 x
2018-12-31 NT$40.41 NT$86.60 x
2019-12-31 NT$53.50 NT$86.60 x
2020-12-31 NT$55.37 NT$86.60 x
2021-12-31 NT$53.48 NT$86.60 x
2022-12-31 NT$51.60 NT$86.60 x
2023-12-31 NT$57.70 NT$86.60 x
2024-12-31 NT$62.94 NT$86.60 x
2025-12-31 NT$46.46 NT$86.60 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): 8.06%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.11%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 3.09x
  • Recent ROE (8.06%) is below the historical average (9.14%), suggesting potential challenges in 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$-207.36 Million
2025 8.06% 5.11% 0.51x 3.09x NT$-705.40 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: $159,345,053,500
  • Average return on equity (ROE) among peers: 6.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
HannStar Board Corp (5469) NT$55.92 Billion 6.49% 1.13x $1.33 Billion
Syncmold Enterprise Corp (1582) $184.49 Million 15.30% 0.73x $415.89 Million
Fulltech Fiber Glass (1815) $6.62 Billion -7.24% 1.18x $1.56 Billion
Delta Electronics Inc (2308) $33.12 Billion 20.11% 0.96x $176.36 Billion
Compeq Manufacturing Co Ltd (2313) $15.58 Billion 6.24% 1.23x $9.91 Billion
WUS Printed Circuit Co Ltd (2316) $5.86 Billion -8.61% 1.01x $1.07 Billion
Hon Hai Precision Industry Co Ltd (2317) $1.48 Trillion 6.88% 1.48x $119.65 Billion
Yageo Corp (2327) $31.33 Billion 21.85% 1.22x $64.25 Billion
Pan-International Industrial Corp (2328) $11.32 Billion 2.51% 0.66x $859.00 Million
Chin-Poon Industrial Co Ltd (2355) $6.89 Billion 10.93% 0.75x $726.35 Million
Solomon Technology Corp (2359) $3.80 Billion 0.00% 1.33x $712.68 Million

About HannStar Board Corp

TW:5469 Taiwan Electronic Components
Market Cap
$1.33 Billion
NT$42.08 Billion TWD
Market Cap Rank
#7883 Global
#258 in Taiwan
Share Price
NT$86.60
Change (1 day)
+1.05%
52-Week Range
NT$58.90 - NT$111.50
All Time High
NT$111.50
About

HannStar Board Corporation manufactures, assembles, and sells printed circuit boards (PCBs) in Taiwan. The company provides 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. … Read more