Darwin Precisions Corp
Darwin Precisions Corporation, together with its subsidiaries, designs, manufactures, assembles, processes, and trades in backlight modules, computer peripherals, and communication equipment in Taiwan, Korea, Japan, China, and internationally. The company offers system integration products for mobility, healthcare, retail, and education application. It also designs, manufactures, and sells LCD an… Read more
Darwin Precisions Corp (6120) - Net Assets
Latest net assets as of September 2025: NT$8.35 Billion TWD
Based on the latest financial reports, Darwin Precisions Corp (6120) has net assets worth NT$8.35 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$16.01 Billion) and total liabilities (NT$7.66 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$8.35 Billion |
| % of Total Assets | 52.14% |
| Annual Growth Rate | 8.66% |
| 5-Year Change | -3.15% |
| 10-Year Change | -30.4% |
| Growth Volatility | 28.06 |
Darwin Precisions Corp - Net Assets Trend (2001–2024)
This chart illustrates how Darwin Precisions 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 Darwin Precisions Corp (2001–2024)
The table below shows the annual net assets of Darwin Precisions Corp from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$9.62 Billion | +4.27% |
| 2023-12-31 | NT$9.22 Billion | -1.14% |
| 2022-12-31 | NT$9.33 Billion | +1.24% |
| 2021-12-31 | NT$9.21 Billion | -7.20% |
| 2020-12-31 | NT$9.93 Billion | -10.16% |
| 2019-12-31 | NT$11.05 Billion | -6.31% |
| 2018-12-31 | NT$11.79 Billion | -1.83% |
| 2017-12-31 | NT$12.02 Billion | +0.16% |
| 2016-12-31 | NT$12.00 Billion | -13.16% |
| 2015-12-31 | NT$13.81 Billion | -8.79% |
| 2014-12-31 | NT$15.15 Billion | +46.51% |
| 2013-12-31 | NT$10.34 Billion | -5.49% |
| 2012-12-31 | NT$10.94 Billion | -5.96% |
| 2011-12-31 | NT$11.63 Billion | -12.27% |
| 2010-12-31 | NT$13.26 Billion | +50.46% |
| 2009-12-31 | NT$8.81 Billion | +22.16% |
| 2008-12-31 | NT$7.21 Billion | -2.77% |
| 2007-12-31 | NT$7.42 Billion | +14.53% |
| 2006-12-31 | NT$6.48 Billion | +6.06% |
| 2005-12-31 | NT$6.11 Billion | +81.81% |
| 2004-12-31 | NT$3.36 Billion | +89.67% |
| 2003-12-31 | NT$1.77 Billion | +8.52% |
| 2002-12-31 | NT$1.63 Billion | +14.54% |
| 2001-12-31 | NT$1.42 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Darwin Precisions 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 268.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.13 Billion | 11.77% |
| Common Stock | NT$6.66 Billion | 69.22% |
| Other Comprehensive Income | NT$6.85 Million | 0.07% |
| Other Components | NT$1.82 Billion | 18.94% |
| Total Equity | NT$9.62 Billion | 100.00% |
Darwin Precisions Corp Competitors by Market Cap
The table below lists competitors of Darwin Precisions Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Darfon Electronics Corp
TW:8163
|
$157.07 Million |
|
Dook Media Group Limited
SHE:301025
|
$157.08 Million |
|
Jinpu Landscape Architecture Co.Ltd.
SHE:301098
|
$157.11 Million |
|
Xiamen R&T Plumbing Technology Co Ltd
SHE:002790
|
$157.11 Million |
|
Maschinenfabrik Berthold Hermle AG
F:MBH3
|
$157.05 Million |
|
Gyre Therapeutics Inc.
NASDAQ:GYRE
|
$157.00 Million |
|
Jiangxi Everbright Measurement Cont
SHE:300906
|
$156.97 Million |
|
Inhwa Precision Co. Ltd
KQ:101930
|
$156.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Darwin Precisions Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,221,771,000 to 9,615,136,000, a change of 393,365,000 (4.3%).
- Net income of 187,021,000 contributed positively to equity growth.
- Dividend payments of 66,555,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,223,021,000.
- Other factors decreased equity by 950,122,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$187.02 Million | +1.95% |
| Dividends Paid | NT$66.56 Million | -0.69% |
| Other Comprehensive Income | NT$1.22 Billion | +12.72% |
| Other Changes | NT$-950.12 Million | -9.88% |
| Total Change | NT$- | 4.27% |
Book Value vs Market Value Analysis
This analysis compares Darwin Precisions 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: 0.83x
- 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 0.52x to 0.83x 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$25.82 | NT$13.30 | x |
| 2007-12-31 | NT$29.46 | NT$13.30 | x |
| 2008-12-31 | NT$26.21 | NT$13.30 | x |
| 2009-12-31 | NT$24.32 | NT$13.30 | x |
| 2010-12-31 | NT$30.65 | NT$13.30 | x |
| 2011-12-31 | NT$24.88 | NT$13.30 | x |
| 2012-12-31 | NT$25.15 | NT$13.30 | x |
| 2013-12-31 | NT$20.83 | NT$13.30 | x |
| 2014-12-31 | NT$31.27 | NT$13.30 | x |
| 2015-12-31 | NT$20.60 | NT$13.30 | x |
| 2016-12-31 | NT$19.20 | NT$13.30 | x |
| 2017-12-31 | NT$20.03 | NT$13.30 | x |
| 2018-12-31 | NT$19.65 | NT$13.30 | x |
| 2019-12-31 | NT$18.45 | NT$13.30 | x |
| 2020-12-31 | NT$16.57 | NT$13.30 | x |
| 2021-12-31 | NT$15.38 | NT$13.30 | x |
| 2022-12-31 | NT$15.57 | NT$13.30 | x |
| 2023-12-31 | NT$15.38 | NT$13.30 | x |
| 2024-12-31 | NT$16.02 | NT$13.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Darwin Precisions 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): 1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.90%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 1.87x
- Recent ROE (1.95%) is below the historical average (3.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 16.14% | 14.37% | 0.69x | 1.62x | NT$87.48 Million |
| 2002 | 12.92% | 7.91% | 0.79x | 2.06x | NT$47.62 Million |
| 2003 | 6.78% | 2.90% | 0.92x | 2.53x | NT$-57.02 Million |
| 2004 | 23.30% | 8.39% | 1.10x | 2.51x | NT$419.43 Million |
| 2005 | 16.71% | 6.91% | 1.16x | 2.08x | NT$409.86 Million |
| 2006 | 8.81% | 2.84% | 1.22x | 2.54x | NT$-76.84 Million |
| 2007 | -1.58% | -0.51% | 1.27x | 2.44x | NT$-856.02 Million |
| 2008 | -11.80% | -5.13% | 1.29x | 1.78x | NT$-1.57 Billion |
| 2009 | 7.69% | 3.40% | 1.09x | 2.07x | NT$-203.60 Million |
| 2010 | 7.80% | 4.10% | 1.11x | 1.72x | NT$-290.20 Million |
| 2011 | 3.09% | 1.46% | 1.14x | 1.87x | NT$-798.50 Million |
| 2012 | 0.97% | 0.50% | 1.21x | 1.61x | NT$-980.32 Million |
| 2013 | -8.39% | -5.09% | 1.05x | 1.57x | NT$-1.89 Billion |
| 2014 | 8.52% | 2.94% | 1.16x | 2.50x | NT$-224.43 Million |
| 2015 | -3.08% | -1.03% | 1.40x | 2.13x | NT$-1.81 Billion |
| 2016 | 2.04% | 0.74% | 1.25x | 2.20x | NT$-955.46 Million |
| 2017 | 3.21% | 1.38% | 1.18x | 1.97x | NT$-816.24 Million |
| 2018 | 2.73% | 1.51% | 0.91x | 2.00x | NT$-857.59 Million |
| 2019 | -1.72% | -1.20% | 0.80x | 1.80x | NT$-1.30 Billion |
| 2020 | -12.50% | -8.68% | 0.72x | 1.99x | NT$-2.23 Billion |
| 2021 | -7.05% | -3.20% | 1.02x | 2.16x | NT$-1.57 Billion |
| 2022 | 1.35% | 0.87% | 0.80x | 1.95x | NT$-807.12 Million |
| 2023 | 1.24% | 0.65% | 0.98x | 1.98x | NT$-807.52 Million |
| 2024 | 1.95% | 0.90% | 1.16x | 1.87x | NT$-774.49 Million |
Industry Comparison
This section compares Darwin Precisions 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 |
|---|---|---|---|---|
| Darwin Precisions Corp (6120) | NT$8.35 Billion | 16.14% | 0.92x | $157.05 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 |