Darwin Precisions Corp (6120) - Net Assets
Based on the latest financial reports, Darwin Precisions Corp (6120) has net assets worth NT$8.81 Billion TWD (≈ $277.57 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$16.10 Billion ≈ $507.16 Million USD) and total liabilities (NT$7.29 Billion ≈ $229.59 Million 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 6120 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$8.81 Billion |
| % of Total Assets | 54.73% |
| Annual Growth Rate | 7.89% |
| 5-Year Change | -4.37% |
| 10-Year Change | -26.56% |
| Growth Volatility | 27.76 |
Darwin Precisions Corp - Net Assets Trend (2001–2025)
This chart illustrates how Darwin Precisions Corp's net assets have evolved over time, based on quarterly financial data. See Darwin Precisions Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Darwin Precisions Corp (2001–2025)
The table below shows the annual net assets of Darwin Precisions Corp from 2001 to 2025. For live valuation and market cap data, see Darwin Precisions Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$8.81 Billion ≈ $277.57 Million |
-8.37% |
| 2024-12-31 | NT$9.62 Billion ≈ $302.93 Million |
+4.27% |
| 2023-12-31 | NT$9.22 Billion ≈ $290.54 Million |
-1.14% |
| 2022-12-31 | NT$9.33 Billion ≈ $293.88 Million |
+1.24% |
| 2021-12-31 | NT$9.21 Billion ≈ $290.27 Million |
-7.20% |
| 2020-12-31 | NT$9.93 Billion ≈ $312.79 Million |
-10.16% |
| 2019-12-31 | NT$11.05 Billion ≈ $348.17 Million |
-6.31% |
| 2018-12-31 | NT$11.79 Billion ≈ $371.60 Million |
-1.83% |
| 2017-12-31 | NT$12.02 Billion ≈ $378.54 Million |
+0.16% |
| 2016-12-31 | NT$12.00 Billion ≈ $377.95 Million |
-13.16% |
| 2015-12-31 | NT$13.81 Billion ≈ $435.24 Million |
-8.79% |
| 2014-12-31 | NT$15.15 Billion ≈ $477.19 Million |
+46.51% |
| 2013-12-31 | NT$10.34 Billion ≈ $325.71 Million |
-5.49% |
| 2012-12-31 | NT$10.94 Billion ≈ $344.62 Million |
-5.96% |
| 2011-12-31 | NT$11.63 Billion ≈ $366.46 Million |
-12.27% |
| 2010-12-31 | NT$13.26 Billion ≈ $417.70 Million |
+50.46% |
| 2009-12-31 | NT$8.81 Billion ≈ $277.61 Million |
+22.16% |
| 2008-12-31 | NT$7.21 Billion ≈ $227.25 Million |
-2.77% |
| 2007-12-31 | NT$7.42 Billion ≈ $233.71 Million |
+14.53% |
| 2006-12-31 | NT$6.48 Billion ≈ $204.06 Million |
+6.06% |
| 2005-12-31 | NT$6.11 Billion ≈ $192.40 Million |
+81.81% |
| 2004-12-31 | NT$3.36 Billion ≈ $105.83 Million |
+89.67% |
| 2003-12-31 | NT$1.77 Billion ≈ $55.79 Million |
+8.52% |
| 2002-12-31 | NT$1.63 Billion ≈ $51.42 Million |
+14.54% |
| 2001-12-31 | NT$1.42 Billion ≈ $44.89 Million |
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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 148.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$762.80 Million | 8.66% |
| Common Stock | NT$5.99 Billion | 67.99% |
| Other Comprehensive Income | NT$174.60 Million | 1.98% |
| Other Components | NT$1.88 Billion | 21.37% |
| Total Equity | NT$8.81 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 |
|---|---|
|
Shenzhen Institute of Building Research Co Ltd Class A
SHE:300675
|
$277.50 Million |
|
Taiwan Tea Corp
TW:2913
|
$277.52 Million |
|
Guiyang Xintian Pharmaceutical Co Ltd
SHE:002873
|
$277.54 Million |
|
Shanghai KEN Tools Co Ltd
SHE:300126
|
$277.55 Million |
|
Apeejay Surrendra Park Hotels Limited
NSE:PARKHOTELS
|
$277.39 Million |
|
Autosports Group Ltd
AU:ASG
|
$277.35 Million |
|
RiverNorth Managed Duration Municipal Income Fund Inc
NYSE:RMM
|
$277.34 Million |
|
Jiangsu Daybright Intelligent Electric Co Ltd
SHE:300670
|
$277.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Darwin Precisions Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,615,136,000 to 8,810,204,000, a change of -804,932,000 (-8.4%).
- Net loss of 120,689,000 reduced equity.
- Dividend payments of 166,389,000 reduced retained earnings.
- Share repurchases of 665,555,000 reduced equity.
- Other comprehensive income increased equity by 167,758,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-120.69 Million | -1.37% |
| Dividends Paid | NT$166.39 Million | -1.89% |
| Share Repurchases | NT$665.55 Million | -7.55% |
| Other Comprehensive Income | NT$167.76 Million | +1.9% |
| Other Changes | NT$-20.06 Million | -0.23% |
| Total Change | NT$- | -8.37% |
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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.57x to 1.02x 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$14.70 | x |
| 2007-12-31 | NT$29.46 | NT$14.70 | x |
| 2008-12-31 | NT$26.21 | NT$14.70 | x |
| 2009-12-31 | NT$24.32 | NT$14.70 | x |
| 2010-12-31 | NT$30.65 | NT$14.70 | x |
| 2011-12-31 | NT$24.88 | NT$14.70 | x |
| 2012-12-31 | NT$25.15 | NT$14.70 | x |
| 2013-12-31 | NT$20.83 | NT$14.70 | x |
| 2014-12-31 | NT$31.27 | NT$14.70 | x |
| 2015-12-31 | NT$20.60 | NT$14.70 | x |
| 2016-12-31 | NT$19.20 | NT$14.70 | x |
| 2017-12-31 | NT$20.03 | NT$14.70 | x |
| 2018-12-31 | NT$19.65 | NT$14.70 | x |
| 2019-12-31 | NT$18.45 | NT$14.70 | x |
| 2020-12-31 | NT$16.57 | NT$14.70 | x |
| 2021-12-31 | NT$15.38 | NT$14.70 | x |
| 2022-12-31 | NT$15.57 | NT$14.70 | x |
| 2023-12-31 | NT$15.38 | NT$14.70 | x |
| 2024-12-31 | NT$16.02 | NT$14.70 | x |
| 2025-12-31 | NT$14.36 | NT$14.70 | 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): -1.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.71%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.83x
- Recent ROE (-1.37%) is below the historical average (3.11%), 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 |
| 2025 | -1.37% | -0.71% | 1.06x | 1.83x | NT$-1.00 Billion |
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: $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 |
|---|---|---|---|---|
| Darwin Precisions Corp (6120) | NT$8.81 Billion | 16.14% | 0.83x | $277.42 Million |
| 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 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