Yield Microelectronics Corp.
Yield Microelectronics Corp. provides embedded non-volatile memory (eNVM) silicon intellectual property (IP) products in Taiwan. It offers multi-time programmable embedded non-volatile memory; and licenses its multi-time programmable eNVM IP for use in semiconductor foundries, integrated device manufacturers, and fabless companies. The company is based in Zhubei, Taiwan.
Yield Microelectronics Corp. (6423) - Net Assets
Latest net assets as of September 2025: NT$472.58 Million TWD
Based on the latest financial reports, Yield Microelectronics Corp. (6423) has net assets worth NT$472.58 Million 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$556.73 Million) and total liabilities (NT$84.15 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$472.58 Million |
| % of Total Assets | 84.89% |
| Annual Growth Rate | 15.09% |
| 5-Year Change | 110.57% |
| 10-Year Change | N/A |
| Growth Volatility | 30.65 |
Yield Microelectronics Corp. - Net Assets Trend (2019–2024)
This chart illustrates how Yield Microelectronics 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 Yield Microelectronics Corp. (2019–2024)
The table below shows the annual net assets of Yield Microelectronics Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$552.51 Million | +76.38% |
| 2023-12-31 | NT$313.25 Million | -10.05% |
| 2022-12-31 | NT$348.26 Million | +15.89% |
| 2021-12-31 | NT$300.51 Million | +14.53% |
| 2020-12-31 | NT$262.39 Million | -4.06% |
| 2019-12-31 | NT$273.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yield Microelectronics 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 5374700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$32.19 Million | 5.83% |
| Common Stock | NT$294.26 Million | 53.26% |
| Other Components | NT$226.07 Million | 40.92% |
| Total Equity | NT$552.51 Million | 100.00% |
Yield Microelectronics Corp. Competitors by Market Cap
The table below lists competitors of Yield Microelectronics Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haugesund Sparebank
OL:HGSB
|
$63.52 Million |
|
HCK Capital Group Bhd
KLSE:7105
|
$63.53 Million |
|
Pantech Group Holdings Bhd
KLSE:5125
|
$63.53 Million |
|
Iljin Diamond
KO:081000
|
$63.53 Million |
|
Chin Teck Plantations Bhd
KLSE:1929
|
$63.45 Million |
|
PUBLIC POLICY HO.COM 144A
F:PD7
|
$63.43 Million |
|
Dundee Corp
PINK:DDEJF
|
$63.40 Million |
|
Madhya Bharat Agro Products Limited
NSE:MBAPL
|
$63.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yield Microelectronics Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 313,254,000 to 552,515,000, a change of 239,261,000 (76.4%).
- Net income of 27,776,000 contributed positively to equity growth.
- Dividend payments of 26,810,000 reduced retained earnings.
- New share issuances of 232,021,000 increased equity.
- Other factors increased equity by 6,274,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$27.78 Million | +5.03% |
| Dividends Paid | NT$26.81 Million | -4.85% |
| Share Issuances | NT$232.02 Million | +41.99% |
| Other Changes | NT$6.27 Million | +1.14% |
| Total Change | NT$- | 76.38% |
Book Value vs Market Value Analysis
This analysis compares Yield Microelectronics 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: 4.76x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.63x to 4.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$9.20 | NT$88.60 | x |
| 2020-12-31 | NT$9.79 | NT$88.60 | x |
| 2021-12-31 | NT$11.20 | NT$88.60 | x |
| 2022-12-31 | NT$12.92 | NT$88.60 | x |
| 2023-12-31 | NT$11.64 | NT$88.60 | x |
| 2024-12-31 | NT$18.61 | NT$88.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yield Microelectronics Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.36%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.16x
- Recent ROE (5.03%) is below the historical average (10.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 8.08% | 14.93% | 0.46x | 1.17x | NT$-4.73 Million |
| 2020 | 6.01% | 12.28% | 0.44x | 1.12x | NT$-10.47 Million |
| 2021 | 12.84% | 22.94% | 0.48x | 1.16x | NT$8.52 Million |
| 2022 | 20.95% | 31.80% | 0.55x | 1.19x | NT$38.14 Million |
| 2023 | 10.22% | 17.09% | 0.52x | 1.16x | NT$691.60K |
| 2024 | 5.03% | 12.36% | 0.35x | 1.16x | NT$-27.48 Million |
Industry Comparison
This section compares Yield Microelectronics Corp.'s net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yield Microelectronics Corp. (6423) | NT$472.58 Million | 8.08% | 0.18x | $63.47 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |