Hannstar Display Corp
HannStar Display Corporation researches, develops, designs, manufactures, sells, and maintains Thin Film Transistor Liquid Crystal Display and Touch Panel. The company also offers flat panel displays and related components. It provides small-to-medium-sized panels, smart automotive products, industrial control solutions, mobile phone displays, AIoT (wearable) devices, and energy-saving and eye-pr… Read more
Hannstar Display Corp (6116) - Net Assets
Latest net assets as of September 2025: NT$33.12 Billion TWD
Based on the latest financial reports, Hannstar Display Corp (6116) has net assets worth NT$33.12 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$42.70 Billion) and total liabilities (NT$9.58 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$33.12 Billion |
| % of Total Assets | 77.57% |
| Annual Growth Rate | -1.19% |
| 5-Year Change | -23.5% |
| 10-Year Change | 4.36% |
| Growth Volatility | 16.01 |
Hannstar Display Corp - Net Assets Trend (2003–2024)
This chart illustrates how Hannstar Display 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 Hannstar Display Corp (2003–2024)
The table below shows the annual net assets of Hannstar Display Corp from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$34.06 Billion | -18.56% |
| 2023-12-31 | NT$41.83 Billion | -11.90% |
| 2022-12-31 | NT$47.47 Billion | -6.33% |
| 2021-12-31 | NT$50.68 Billion | +13.83% |
| 2020-12-31 | NT$44.53 Billion | +8.73% |
| 2019-12-31 | NT$40.95 Billion | -0.91% |
| 2018-12-31 | NT$41.33 Billion | -2.16% |
| 2017-12-31 | NT$42.24 Billion | +13.90% |
| 2016-12-31 | NT$37.09 Billion | +13.62% |
| 2015-12-31 | NT$32.64 Billion | -8.34% |
| 2014-12-31 | NT$35.61 Billion | +2.77% |
| 2013-12-31 | NT$34.65 Billion | +25.45% |
| 2012-12-31 | NT$27.62 Billion | -21.08% |
| 2011-12-31 | NT$35.00 Billion | -18.44% |
| 2010-12-31 | NT$42.91 Billion | -14.91% |
| 2009-12-31 | NT$50.43 Billion | -10.72% |
| 2008-12-31 | NT$56.48 Billion | -18.38% |
| 2007-12-31 | NT$69.20 Billion | +28.62% |
| 2006-12-31 | NT$53.80 Billion | -7.62% |
| 2005-12-31 | NT$58.24 Billion | -0.70% |
| 2004-12-31 | NT$58.64 Billion | +33.84% |
| 2003-12-31 | NT$43.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hannstar Display 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 149444800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.49 Billion | 4.39% |
| Common Stock | NT$29.40 Billion | 86.32% |
| Other Comprehensive Income | NT$3.40 Billion | 9.97% |
| Total Equity | NT$34.06 Billion | 100.00% |
Hannstar Display Corp Competitors by Market Cap
The table below lists competitors of Hannstar Display Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orizon Valorização de Resíduos S.A
SA:ORVR3
|
$521.51 Million |
|
Henan Hengxing Science & Technology Co Ltd
SHE:002132
|
$521.83 Million |
|
CH. Karnchang Public Company Limited
BK:CK-R
|
$521.92 Million |
|
Systex Corp
TW:6214
|
$521.95 Million |
|
Financiere de l'Odet
STU:49F
|
$521.40 Million |
|
INVENTIVA S.A.(PROM.)-01
F:6IV
|
$521.37 Million |
|
Navient Corp
NASDAQ:NAVI
|
$521.34 Million |
|
Sinclair Broadcast Group Inc
NASDAQ:SBGI
|
$521.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hannstar Display Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,529,483,000 to 34,061,763,000, a change of -7,467,720,000 (-18.0%).
- Net loss of 5,319,434,000 reduced equity.
- Other comprehensive income decreased equity by 2,225,255,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-5.32 Billion | -15.62% |
| Other Comprehensive Income | NT$-2.23 Billion | -6.53% |
| Other Changes | NT$76.97 Million | +0.23% |
| Total Change | NT$- | -17.98% |
Book Value vs Market Value Analysis
This analysis compares Hannstar Display 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: 0.74x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.50x to 0.74x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$17.74 | NT$8.83 | x |
| 2007-12-31 | NT$22.56 | NT$8.83 | x |
| 2008-12-31 | NT$18.31 | NT$8.83 | x |
| 2009-12-31 | NT$14.45 | NT$8.83 | x |
| 2010-12-31 | NT$12.13 | NT$8.83 | x |
| 2011-12-31 | NT$9.07 | NT$8.83 | x |
| 2012-12-31 | NT$8.46 | NT$8.83 | x |
| 2013-12-31 | NT$10.50 | NT$8.83 | x |
| 2014-12-31 | NT$10.79 | NT$8.83 | x |
| 2015-12-31 | NT$10.00 | NT$8.83 | x |
| 2016-12-31 | NT$11.30 | NT$8.83 | x |
| 2017-12-31 | NT$12.67 | NT$8.83 | x |
| 2018-12-31 | NT$12.63 | NT$8.83 | x |
| 2019-12-31 | NT$12.99 | NT$8.83 | x |
| 2020-12-31 | NT$14.23 | NT$8.83 | x |
| 2021-12-31 | NT$16.43 | NT$8.83 | x |
| 2022-12-31 | NT$16.21 | NT$8.83 | x |
| 2023-12-31 | NT$14.53 | NT$8.83 | x |
| 2024-12-31 | NT$11.92 | NT$8.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hannstar Display Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -53.38%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.35x
- Recent ROE (-15.62%) is below the historical average (-2.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.94% | 2.59% | 0.38x | 1.96x | NT$-3.53 Billion |
| 2004 | 4.26% | 6.45% | 0.34x | 1.97x | NT$-3.36 Billion |
| 2006 | -9.14% | -8.70% | 0.57x | 1.83x | NT$-10.20 Billion |
| 2007 | 20.96% | 18.34% | 0.74x | 1.54x | NT$7.52 Billion |
| 2008 | -12.09% | -11.12% | 0.73x | 1.50x | NT$-12.28 Billion |
| 2009 | -31.78% | -26.41% | 0.61x | 1.98x | NT$-17.66 Billion |
| 2010 | -21.54% | -13.20% | 0.79x | 2.06x | NT$-11.15 Billion |
| 2011 | -25.32% | -16.49% | 0.64x | 2.41x | NT$-10.38 Billion |
| 2012 | -5.94% | -4.59% | 0.79x | 1.63x | NT$-4.40 Billion |
| 2013 | 17.83% | 19.66% | 0.70x | 1.30x | NT$2.71 Billion |
| 2014 | 1.52% | 2.28% | 0.52x | 1.28x | NT$-3.02 Billion |
| 2015 | -6.75% | -12.83% | 0.44x | 1.21x | NT$-5.47 Billion |
| 2016 | 10.91% | 16.92% | 0.54x | 1.20x | NT$338.80 Million |
| 2017 | 15.88% | 28.25% | 0.48x | 1.18x | NT$2.48 Billion |
| 2018 | 2.48% | 6.07% | 0.35x | 1.18x | NT$-3.11 Billion |
| 2019 | 1.94% | 4.86% | 0.34x | 1.17x | NT$-3.30 Billion |
| 2020 | 8.66% | 19.68% | 0.38x | 1.17x | NT$-594.26 Million |
| 2021 | 16.39% | 30.32% | 0.45x | 1.20x | NT$3.23 Billion |
| 2022 | -5.34% | -14.77% | 0.30x | 1.20x | NT$-7.24 Billion |
| 2023 | -11.25% | -37.82% | 0.23x | 1.27x | NT$-8.82 Billion |
| 2024 | -15.62% | -53.38% | 0.22x | 1.35x | NT$-8.73 Billion |
Industry Comparison
This section compares Hannstar Display Corp'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 |
|---|---|---|---|---|
| Hannstar Display Corp (6116) | NT$33.12 Billion | 1.94% | 0.29x | $521.49 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 |