King Core Electronics Inc
King Core Electronics Inc. manufactures and sells EMI, power, and RF application products worldwide. The company offers ferrite cores; chokes, precision coils; SMD ferrite chip beads/inductors; bead arrays for EMI/EMC applications; and SMD ceramic chip inductors/filters for RF design. It provides multilayer and wound chip beads; wound, multilayer, and ceramic chip inductors; balun filters; DIP an… Read more
King Core Electronics Inc (6155) - Net Assets
Latest net assets as of September 2025: NT$1.59 Billion TWD
Based on the latest financial reports, King Core Electronics Inc (6155) has net assets worth NT$1.59 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$2.24 Billion) and total liabilities (NT$649.91 Million). 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$1.59 Billion |
| % of Total Assets | 70.93% |
| Annual Growth Rate | 5.28% |
| 5-Year Change | 19.76% |
| 10-Year Change | 17.32% |
| Growth Volatility | 11.92 |
King Core Electronics Inc - Net Assets Trend (2002–2024)
This chart illustrates how King Core Electronics Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for King Core Electronics Inc (2002–2024)
The table below shows the annual net assets of King Core Electronics Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.70 Billion | +12.43% |
| 2023-12-31 | NT$1.51 Billion | -1.73% |
| 2022-12-31 | NT$1.53 Billion | +7.88% |
| 2021-12-31 | NT$1.42 Billion | +0.47% |
| 2020-12-31 | NT$1.42 Billion | -1.56% |
| 2019-12-31 | NT$1.44 Billion | +2.77% |
| 2018-12-31 | NT$1.40 Billion | +2.78% |
| 2017-12-31 | NT$1.36 Billion | -2.78% |
| 2016-12-31 | NT$1.40 Billion | -3.09% |
| 2015-12-31 | NT$1.44 Billion | -4.11% |
| 2014-12-31 | NT$1.51 Billion | +3.11% |
| 2013-12-31 | NT$1.46 Billion | +6.77% |
| 2012-12-31 | NT$1.37 Billion | -0.08% |
| 2011-12-31 | NT$1.37 Billion | -3.11% |
| 2010-12-31 | NT$1.41 Billion | -9.09% |
| 2009-12-31 | NT$1.56 Billion | +18.38% |
| 2008-12-31 | NT$1.31 Billion | -10.76% |
| 2007-12-31 | NT$1.47 Billion | +13.14% |
| 2006-12-31 | NT$1.30 Billion | +42.36% |
| 2005-12-31 | NT$914.02 Million | +19.55% |
| 2004-12-31 | NT$764.58 Million | +19.44% |
| 2003-12-31 | NT$640.12 Million | +17.18% |
| 2002-12-31 | NT$546.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to King Core Electronics Inc'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 10.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$127.08 Million | 7.50% |
| Other Components | NT$1.57 Billion | 92.50% |
| Total Equity | NT$1.70 Billion | 100.00% |
King Core Electronics Inc Competitors by Market Cap
The table below lists competitors of King Core Electronics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chung Lien Transportation Co Ltd
TWO:5604
|
$73.28 Million |
|
CleanSpark, Inc. Warrant
NASDAQ:CLSKW
|
$73.28 Million |
|
Akebono Brake Industry Co. Ltd
PINK:AKBIF
|
$73.29 Million |
|
Companhia Energética de Brasília - CEB
SA:CEBR3
|
$73.31 Million |
|
enGene Holdings Inc. Warrants
NASDAQ:ENGNW
|
$73.21 Million |
|
Mogan Enerji Yatırım Holding As
IS:MOGAN
|
$73.20 Million |
|
Hope Education Group Co. Ltd
F:HE1
|
$73.18 Million |
|
Fortress Biotech Inc
NASDAQ:FBIO
|
$73.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in King Core Electronics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,507,619,000 to 1,695,084,000, a change of 187,465,000 (12.4%).
- Net income of 84,771,000 contributed positively to equity growth.
- Dividend payments of 74,493,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,747,999.
- Other factors increased equity by 179,934,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$84.77 Million | +5.0% |
| Dividends Paid | NT$74.49 Million | -4.39% |
| Other Comprehensive Income | NT$-2.75 Million | -0.16% |
| Other Changes | NT$179.93 Million | +10.62% |
| Total Change | NT$- | 12.43% |
Book Value vs Market Value Analysis
This analysis compares King Core Electronics Inc'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: 2.55x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$18.65 | NT$49.20 | x |
| 2010-12-31 | NT$16.76 | NT$49.20 | x |
| 2011-12-31 | NT$16.20 | NT$49.20 | x |
| 2012-12-31 | NT$16.09 | NT$49.20 | x |
| 2013-12-31 | NT$17.14 | NT$49.20 | x |
| 2014-12-31 | NT$17.59 | NT$49.20 | x |
| 2015-12-31 | NT$16.80 | NT$49.20 | x |
| 2016-12-31 | NT$16.27 | NT$49.20 | x |
| 2017-12-31 | NT$15.79 | NT$49.20 | x |
| 2018-12-31 | NT$16.14 | NT$49.20 | x |
| 2019-12-31 | NT$16.56 | NT$49.20 | x |
| 2020-12-31 | NT$16.28 | NT$49.20 | x |
| 2021-12-31 | NT$16.32 | NT$49.20 | x |
| 2022-12-31 | NT$17.50 | NT$49.20 | x |
| 2023-12-31 | NT$17.17 | NT$49.20 | x |
| 2024-12-31 | NT$19.30 | NT$49.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently King Core Electronics Inc 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): 5.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.88%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.40x
- Recent ROE (5.00%) is below the historical average (10.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 18.52% | 28.56% | 0.40x | 1.63x | NT$46.52 Million |
| 2003 | 18.54% | 26.81% | 0.43x | 1.59x | NT$54.65 Million |
| 2004 | 21.46% | 29.92% | 0.46x | 1.56x | NT$87.62 Million |
| 2005 | 17.66% | 24.10% | 0.45x | 1.61x | NT$69.51 Million |
| 2006 | 16.40% | 30.08% | 0.42x | 1.29x | NT$82.93 Million |
| 2007 | 15.66% | 26.04% | 0.49x | 1.23x | NT$83.38 Million |
| 2008 | 12.12% | 18.51% | 0.56x | 1.17x | NT$27.83 Million |
| 2009 | 13.31% | 27.26% | 0.42x | 1.15x | NT$51.49 Million |
| 2010 | 8.56% | 17.76% | 0.41x | 1.19x | NT$-20.36 Million |
| 2011 | 5.16% | 10.36% | 0.41x | 1.21x | NT$-66.25 Million |
| 2012 | 8.32% | 16.08% | 0.38x | 1.36x | NT$-22.93 Million |
| 2013 | 8.23% | 17.10% | 0.32x | 1.52x | NT$-25.90 Million |
| 2014 | 8.06% | 18.05% | 0.32x | 1.42x | NT$-29.22 Million |
| 2015 | 7.20% | 16.46% | 0.28x | 1.58x | NT$-40.40 Million |
| 2016 | 5.90% | 12.84% | 0.31x | 1.49x | NT$-57.47 Million |
| 2017 | 3.16% | 6.15% | 0.32x | 1.59x | NT$-93.18 Million |
| 2018 | 9.11% | 17.65% | 0.31x | 1.65x | NT$-12.42 Million |
| 2019 | 5.59% | 12.36% | 0.30x | 1.50x | NT$-63.45 Million |
| 2020 | 2.41% | 5.62% | 0.24x | 1.80x | NT$-107.47 Million |
| 2021 | 5.68% | 10.11% | 0.27x | 2.09x | NT$-61.42 Million |
| 2022 | 12.42% | 24.75% | 0.33x | 1.52x | NT$37.20 Million |
| 2023 | 4.96% | 13.73% | 0.26x | 1.41x | NT$-75.97 Million |
| 2024 | 5.00% | 14.88% | 0.24x | 1.40x | NT$-84.74 Million |
Industry Comparison
This section compares King Core Electronics Inc'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 |
|---|---|---|---|---|
| King Core Electronics Inc (6155) | NT$1.59 Billion | 18.52% | 0.41x | $73.23 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 |