Harvatek Corp (6168) - Net Assets
Based on the latest financial reports, Harvatek Corp (6168) has net assets worth NT$3.14 Billion TWD (≈ $98.99 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.80 Billion ≈ $119.58 Million USD) and total liabilities (NT$653.70 Million ≈ $20.59 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 asset resilience ratio of Harvatek Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.14 Billion |
| % of Total Assets | 82.78% |
| Annual Growth Rate | 3.93% |
| 5-Year Change | 4.49% |
| 10-Year Change | 18.24% |
| Growth Volatility | 18.74 |
Harvatek Corp - Net Assets Trend (2002–2024)
This chart illustrates how Harvatek Corp's net assets have evolved over time, based on quarterly financial data. Also explore Harvatek Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Harvatek Corp (2002–2024)
The table below shows the annual net assets of Harvatek Corp from 2002 to 2024. For live valuation and market cap data, see Harvatek Corp (6168) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.15 Billion ≈ $99.34 Million |
-3.86% |
| 2023-12-31 | NT$3.28 Billion ≈ $103.33 Million |
-2.49% |
| 2022-12-31 | NT$3.36 Billion ≈ $105.96 Million |
-4.19% |
| 2021-12-31 | NT$3.51 Billion ≈ $110.59 Million |
+16.32% |
| 2020-12-31 | NT$3.02 Billion ≈ $95.08 Million |
+13.03% |
| 2019-12-31 | NT$2.67 Billion ≈ $84.12 Million |
-5.46% |
| 2018-12-31 | NT$2.82 Billion ≈ $88.97 Million |
+1.42% |
| 2017-12-31 | NT$2.78 Billion ≈ $87.72 Million |
+13.39% |
| 2016-12-31 | NT$2.46 Billion ≈ $77.36 Million |
-7.92% |
| 2015-12-31 | NT$2.67 Billion ≈ $84.02 Million |
-15.09% |
| 2014-12-31 | NT$3.14 Billion ≈ $98.94 Million |
+11.87% |
| 2013-12-31 | NT$2.81 Billion ≈ $88.45 Million |
-0.04% |
| 2012-12-31 | NT$2.81 Billion ≈ $88.49 Million |
-19.88% |
| 2011-12-31 | NT$3.51 Billion ≈ $110.44 Million |
-23.87% |
| 2010-12-31 | NT$4.60 Billion ≈ $145.07 Million |
+64.83% |
| 2009-12-31 | NT$2.79 Billion ≈ $88.01 Million |
+2.17% |
| 2008-12-31 | NT$2.73 Billion ≈ $86.14 Million |
+3.95% |
| 2007-12-31 | NT$2.63 Billion ≈ $82.87 Million |
+9.07% |
| 2006-12-31 | NT$2.41 Billion ≈ $75.98 Million |
+14.51% |
| 2005-12-31 | NT$2.11 Billion ≈ $66.35 Million |
+3.11% |
| 2004-12-31 | NT$2.04 Billion ≈ $64.35 Million |
+6.87% |
| 2003-12-31 | NT$1.91 Billion ≈ $60.21 Million |
+41.47% |
| 2002-12-31 | NT$1.35 Billion ≈ $42.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Harvatek 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 decreased by 57.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$101.97 Million | 3.39% |
| Common Stock | NT$2.06 Billion | 68.51% |
| Other Comprehensive Income | NT$808.42 Million | 26.88% |
| Other Components | NT$36.93 Million | 1.23% |
| Total Equity | NT$3.01 Billion | 100.00% |
Harvatek Corp Competitors by Market Cap
The table below lists competitors of Harvatek Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ellsworth Convertible Growth & IF
NYSE MKT:ECF
|
$162.75 Million |
|
Onewater Marine
NASDAQ:ONEW
|
$162.81 Million |
|
Enea AB
ST:ENEA
|
$162.84 Million |
|
Empresas Iansa S.A
SN:IANSA
|
$162.84 Million |
|
Alumil Aluminium Industry S.A
AT:ALMY
|
$162.72 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
$162.66 Million |
|
CONPET SA
RO:COTE
|
$162.61 Million |
|
NX Filtration Holding BV
AS:NXFIL
|
$162.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harvatek Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,119,950,000 to 3,008,027,000, a change of -111,923,000 (-3.6%).
- Net income of 5,860,000 contributed positively to equity growth.
- Dividend payments of 102,881,000 reduced retained earnings.
- Other comprehensive income increased equity by 572,613,000.
- Other factors decreased equity by 587,515,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.86 Million | +0.19% |
| Dividends Paid | NT$102.88 Million | -3.42% |
| Other Comprehensive Income | NT$572.61 Million | +19.04% |
| Other Changes | NT$-587.51 Million | -19.53% |
| Total Change | NT$- | -3.59% |
Book Value vs Market Value Analysis
This analysis compares Harvatek 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: 1.72x
- 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$14.19 | NT$25.10 | x |
| 2010-12-31 | NT$21.13 | NT$25.10 | x |
| 2011-12-31 | NT$14.19 | NT$25.10 | x |
| 2012-12-31 | NT$13.68 | NT$25.10 | x |
| 2013-12-31 | NT$13.36 | NT$25.10 | x |
| 2014-12-31 | NT$15.05 | NT$25.10 | x |
| 2015-12-31 | NT$13.29 | NT$25.10 | x |
| 2016-12-31 | NT$12.32 | NT$25.10 | x |
| 2017-12-31 | NT$12.52 | NT$25.10 | x |
| 2018-12-31 | NT$13.40 | NT$25.10 | x |
| 2019-12-31 | NT$12.76 | NT$25.10 | x |
| 2020-12-31 | NT$14.31 | NT$25.10 | x |
| 2021-12-31 | NT$16.10 | NT$25.10 | x |
| 2022-12-31 | NT$15.46 | NT$25.10 | x |
| 2023-12-31 | NT$15.11 | NT$25.10 | x |
| 2024-12-31 | NT$14.61 | NT$25.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harvatek 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): 0.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.30%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.35x
- Recent ROE (0.19%) is below the historical average (5.94%), 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 | 17.00% | 18.89% | 0.63x | 1.43x | NT$94.63 Million |
| 2003 | 21.12% | 19.38% | 0.80x | 1.37x | NT$212.54 Million |
| 2004 | 12.29% | 13.44% | 0.69x | 1.32x | NT$46.79 Million |
| 2005 | 7.16% | 7.01% | 0.71x | 1.45x | NT$-59.74 Million |
| 2006 | 10.28% | 9.32% | 0.80x | 1.38x | NT$6.76 Million |
| 2007 | 11.53% | 9.65% | 0.82x | 1.45x | NT$40.22 Million |
| 2008 | 9.55% | 8.99% | 0.81x | 1.32x | NT$-12.42 Million |
| 2009 | 5.31% | 5.46% | 0.70x | 1.39x | NT$-130.54 Million |
| 2010 | 4.79% | 5.86% | 0.58x | 1.42x | NT$-239.50 Million |
| 2011 | 1.54% | 1.45% | 0.71x | 1.50x | NT$-297.55 Million |
| 2012 | -18.96% | -15.71% | 0.75x | 1.60x | NT$-813.34 Million |
| 2013 | 1.32% | 0.77% | 0.93x | 1.83x | NT$-237.24 Million |
| 2014 | 11.99% | 6.72% | 1.07x | 1.67x | NT$60.60 Million |
| 2015 | -0.54% | -0.34% | 0.95x | 1.66x | NT$-284.16 Million |
| 2016 | -6.21% | -5.48% | 0.73x | 1.55x | NT$-405.29 Million |
| 2017 | 8.17% | 7.52% | 0.77x | 1.42x | NT$-50.60 Million |
| 2018 | 8.45% | 8.07% | 0.76x | 1.38x | NT$-43.12 Million |
| 2019 | 0.57% | 0.70% | 0.60x | 1.37x | NT$-248.02 Million |
| 2020 | 4.85% | 5.72% | 0.62x | 1.37x | NT$-152.08 Million |
| 2021 | 11.09% | 12.34% | 0.65x | 1.38x | NT$36.54 Million |
| 2022 | 11.64% | 15.19% | 0.61x | 1.26x | NT$52.86 Million |
| 2023 | 3.43% | 5.27% | 0.51x | 1.29x | NT$-204.91 Million |
| 2024 | 0.19% | 0.30% | 0.48x | 1.35x | NT$-294.94 Million |
Industry Comparison
This section compares Harvatek Corp's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $202,930,058,900
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harvatek Corp (6168) | NT$3.14 Billion | 17.00% | 0.21x | $162.72 Million |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $281.20 Billion | 18.22% | 0.65x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.61 Trillion | 21.92% | 0.40x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $24.66 Billion | 22.38% | 0.79x | $8.99 Billion |
| Optotech Corp (2340) | $7.08 Billion | 9.72% | 0.77x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $166.75 Million |
| Winbond Electronics Corp (2344) | $60.28 Billion | 5.50% | 0.10x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $7.70 Billion | -2.92% | 0.01x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.11 Billion | 17.61% | 0.86x | $8.72 Billion |
About Harvatek Corp
Harvatek Corporation designs, manufactures, tests, exports, and sells semiconductor chips and LEDs in Taiwan and internationally. The company provides visible LED products, such as PCB, lead frame, CSP, COB, COX, lamp, and PLCC, as well as LED digital displays; infrared LED products, which include emitters, photo transistors, photo diodes, interrupters, and light sensors; mini-LEDs; and OD CSP mo… Read more