Wistron NeWeb Corp
WNC Corporation, together with its subsidiaries, engages in research, development, manufacture, and sale of satellite, mobile, and portable communication equipment in the Americas, Asia, Europe, and internationally. The company offers wired and wireless communication equipment, networking equipment, electronic components, regulated telecommunication radio frequency equipment, medical devices, ele… Read more
Wistron NeWeb Corp (6285) - Net Assets
Latest net assets as of September 2025: NT$32.55 Billion TWD
Based on the latest financial reports, Wistron NeWeb Corp (6285) has net assets worth NT$32.55 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$72.07 Billion) and total liabilities (NT$39.52 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$32.55 Billion |
| % of Total Assets | 45.17% |
| Annual Growth Rate | 13.36% |
| 5-Year Change | 90.54% |
| 10-Year Change | 158.09% |
| Growth Volatility | 14.49 |
Wistron NeWeb Corp - Net Assets Trend (2002–2024)
This chart illustrates how Wistron NeWeb 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 Wistron NeWeb Corp (2002–2024)
The table below shows the annual net assets of Wistron NeWeb Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$31.98 Billion | +4.89% |
| 2023-12-31 | NT$30.49 Billion | +49.79% |
| 2022-12-31 | NT$20.36 Billion | +19.72% |
| 2021-12-31 | NT$17.00 Billion | +1.29% |
| 2020-12-31 | NT$16.79 Billion | +3.84% |
| 2019-12-31 | NT$16.17 Billion | +1.99% |
| 2018-12-31 | NT$15.85 Billion | +11.44% |
| 2017-12-31 | NT$14.22 Billion | +8.00% |
| 2016-12-31 | NT$13.17 Billion | +6.26% |
| 2015-12-31 | NT$12.39 Billion | +10.30% |
| 2014-12-31 | NT$11.24 Billion | +6.77% |
| 2013-12-31 | NT$10.52 Billion | +10.91% |
| 2012-12-31 | NT$9.49 Billion | +1.49% |
| 2011-12-31 | NT$9.35 Billion | +15.06% |
| 2010-12-31 | NT$8.13 Billion | +22.57% |
| 2009-12-31 | NT$6.63 Billion | +11.07% |
| 2008-12-31 | NT$5.97 Billion | +1.99% |
| 2007-12-31 | NT$5.85 Billion | +11.00% |
| 2006-12-31 | NT$5.27 Billion | +23.63% |
| 2005-12-31 | NT$4.26 Billion | +58.07% |
| 2004-12-31 | NT$2.70 Billion | +5.74% |
| 2003-12-31 | NT$2.55 Billion | +25.94% |
| 2002-12-31 | NT$2.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wistron NeWeb 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 1510.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$13.77 Billion | 43.06% |
| Common Stock | NT$4.84 Billion | 15.14% |
| Other Comprehensive Income | NT$1.50 Billion | 4.67% |
| Other Components | NT$11.87 Billion | 37.13% |
| Total Equity | NT$31.98 Billion | 100.00% |
Wistron NeWeb Corp Competitors by Market Cap
The table below lists competitors of Wistron NeWeb Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STELCO HLDGS INC.
F:S0K
|
$1.92 Billion |
|
Capital Financial Indonesia Tbk PT
JK:CASA
|
$1.92 Billion |
|
Santander Bank Polska S.A.
PINK:BKZHF
|
$1.92 Billion |
|
Wuxi Taiji Industry Co Ltd
SHG:600667
|
$1.92 Billion |
|
HD Hyundai Marine Solution
KO:443060
|
$1.92 Billion |
|
Orient Overseas (International) Limited
PINK:OROVF
|
$1.92 Billion |
|
Meitu Inc
PINK:MEIUF
|
$1.91 Billion |
|
Kruk SA
WAR:KRU
|
$1.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wistron NeWeb Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,491,552,000 to 31,984,024,000, a change of 1,492,472,000 (4.9%).
- Net income of 3,451,411,000 contributed positively to equity growth.
- Dividend payments of 2,909,663,000 reduced retained earnings.
- Other comprehensive income increased equity by 940,553,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.45 Billion | +10.79% |
| Dividends Paid | NT$2.91 Billion | -9.1% |
| Other Comprehensive Income | NT$940.55 Million | +2.94% |
| Other Changes | NT$10.17 Million | +0.03% |
| Total Change | NT$- | 4.89% |
Book Value vs Market Value Analysis
This analysis compares Wistron NeWeb 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: 2.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.80x to 2.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$20.05 | NT$176.50 | x |
| 2007-12-31 | NT$20.58 | NT$176.50 | x |
| 2008-12-31 | NT$17.67 | NT$176.50 | x |
| 2009-12-31 | NT$20.71 | NT$176.50 | x |
| 2010-12-31 | NT$24.58 | NT$176.50 | x |
| 2011-12-31 | NT$26.22 | NT$176.50 | x |
| 2012-12-31 | NT$25.78 | NT$176.50 | x |
| 2013-12-31 | NT$28.47 | NT$176.50 | x |
| 2014-12-31 | NT$30.75 | NT$176.50 | x |
| 2015-12-31 | NT$34.81 | NT$176.50 | x |
| 2016-12-31 | NT$35.26 | NT$176.50 | x |
| 2017-12-31 | NT$37.20 | NT$176.50 | x |
| 2018-12-31 | NT$40.40 | NT$176.50 | x |
| 2019-12-31 | NT$40.46 | NT$176.50 | x |
| 2020-12-31 | NT$41.92 | NT$176.50 | x |
| 2021-12-31 | NT$42.07 | NT$176.50 | x |
| 2022-12-31 | NT$47.55 | NT$176.50 | x |
| 2023-12-31 | NT$68.82 | NT$176.50 | x |
| 2024-12-31 | NT$65.89 | NT$176.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wistron NeWeb 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): 10.79%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.13%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 2.36x
- Recent ROE (10.79%) is below the historical average (15.98%), 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 | 40.79% | 14.88% | 1.56x | 1.76x | NT$623.66 Million |
| 2003 | 32.58% | 10.76% | 1.64x | 1.85x | NT$575.99 Million |
| 2004 | 17.18% | 3.83% | 2.21x | 2.03x | NT$193.66 Million |
| 2005 | 14.04% | 3.88% | 2.05x | 1.76x | NT$172.36 Million |
| 2006 | 22.48% | 6.28% | 1.50x | 2.38x | NT$657.83 Million |
| 2007 | 18.23% | 6.06% | 1.34x | 2.25x | NT$481.82 Million |
| 2008 | 12.09% | 3.75% | 1.47x | 2.19x | NT$124.84 Million |
| 2009 | 12.39% | 5.17% | 1.20x | 1.99x | NT$158.73 Million |
| 2010 | 19.06% | 5.67% | 1.50x | 2.24x | NT$736.48 Million |
| 2011 | 18.29% | 5.03% | 1.54x | 2.35x | NT$774.70 Million |
| 2012 | 11.89% | 3.28% | 1.66x | 2.19x | NT$179.50 Million |
| 2013 | 14.43% | 4.14% | 1.65x | 2.12x | NT$466.07 Million |
| 2014 | 12.25% | 3.41% | 1.69x | 2.12x | NT$252.84 Million |
| 2015 | 15.92% | 3.78% | 1.87x | 2.25x | NT$733.26 Million |
| 2016 | 15.51% | 3.87% | 1.77x | 2.26x | NT$725.74 Million |
| 2017 | 14.51% | 3.63% | 1.90x | 2.10x | NT$641.53 Million |
| 2018 | 12.17% | 3.44% | 1.69x | 2.09x | NT$344.42 Million |
| 2019 | 9.04% | 2.35% | 1.81x | 2.13x | NT$-155.37 Million |
| 2020 | 8.74% | 2.34% | 1.65x | 2.26x | NT$-211.64 Million |
| 2021 | 7.25% | 1.83% | 1.51x | 2.62x | NT$-468.11 Million |
| 2022 | 15.34% | 3.28% | 1.45x | 3.24x | NT$1.09 Billion |
| 2023 | 12.47% | 3.43% | 1.60x | 2.27x | NT$753.67 Million |
| 2024 | 10.79% | 3.13% | 1.46x | 2.36x | NT$253.01 Million |
Industry Comparison
This section compares Wistron NeWeb Corp's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,087,269,200
- Average return on equity (ROE) among peers: -4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wistron NeWeb Corp (6285) | NT$32.55 Billion | 40.79% | 1.21x | $1.92 Billion |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $36.51 Million |
| Tecom Co Ltd (2321) | $530.15 Million | -16.22% | 4.00x | $4.22 Million |
| D-Link Corp (2332) | $13.60 Billion | 4.76% | 0.80x | $217.00 Million |
| Accton Technology Corp (2345) | $6.43 Billion | -9.64% | 0.97x | $22.08 Billion |
| Hitron Technologies Inc (2419) | $1.72 Billion | 0.29% | 1.37x | $106.12 Million |
| Abocom Systems Inc (2444) | $1.08 Billion | 1.09% | 1.04x | $38.22 Million |
| Zinwell Corporation (2485) | $6.81 Billion | 0.46% | 0.24x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $665.75 Million | 0.00% | 0.74x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $2.57 Billion | 5.51% | 0.79x | $96.92 Million |
| CyberTAN Technology Inc (3062) | $5.01 Billion | 1.39% | 0.48x | $227.43 Million |