Airoha Technology Corp
Airoha Technology Corp. engages in the provision of wireless and broadband communications SoC system solutions in Taiwan. It offers Bluetooth wireless audio system, global navigation satellite system SoC, broadband, and ethernet. The company's products are used in various applications, such as outdoor, office, home, broadband operators, and public. The company was founded in 2001 and is headquart… Read more
Airoha Technology Corp (6526) - Net Assets
Latest net assets as of September 2025: NT$21.03 Billion TWD
Based on the latest financial reports, Airoha Technology Corp (6526) has net assets worth NT$21.03 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$27.98 Billion) and total liabilities (NT$6.95 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$21.03 Billion |
| % of Total Assets | 75.18% |
| Annual Growth Rate | 27.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 39.46 |
Airoha Technology Corp - Net Assets Trend (2020–2024)
This chart illustrates how Airoha Technology 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 Airoha Technology Corp (2020–2024)
The table below shows the annual net assets of Airoha Technology Corp from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | NT$20.96 Billion | +27.38% |
| 2023-09-30 | NT$16.46 Billion | +89.85% |
| 2022-09-30 | NT$8.67 Billion | -21.07% |
| 2021-09-30 | NT$10.98 Billion | +39.65% |
| 2020-09-30 | NT$7.86 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Airoha Technology 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 450040300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.50 Billion | 24.25% |
| Common Stock | NT$1.68 Billion | 9.03% |
| Other Components | NT$12.38 Billion | 66.72% |
| Total Equity | NT$18.56 Billion | 100.00% |
Airoha Technology Corp Competitors by Market Cap
The table below lists competitors of Airoha Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nextdecade Corp
NASDAQ:NEXT
|
$767.35 Million |
|
Pantoro Gold Ltd
AU:PNR
|
$767.69 Million |
|
PixArt Imaging
TWO:3227
|
$767.78 Million |
|
Jiangsu Shemar Electric Co Ltd
SHG:603530
|
$767.85 Million |
|
Jiangxi GETO New Materials Corporation Limited
SHE:300986
|
$766.69 Million |
|
CHN Energy Changyuan Electric Power Co Ltd
SHE:000966
|
$766.62 Million |
|
Electricity Generating Public Company Limited
BK:EGCO
|
$766.57 Million |
|
Huafa Industrial Co Ltd Zhuhai
SHG:600325
|
$766.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Airoha Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,456,698,000 to 18,555,718,000, a change of 2,099,020,000 (12.8%).
- Net income of 2,691,949,000 contributed positively to equity growth.
- Dividend payments of 830,108,000 reduced retained earnings.
- Other factors increased equity by 237,179,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.69 Billion | +14.51% |
| Dividends Paid | NT$830.11 Million | -4.47% |
| Other Changes | NT$237.18 Million | +1.28% |
| Total Change | NT$- | 12.75% |
Book Value vs Market Value Analysis
This analysis compares Airoha Technology 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: 4.75x
- 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 10.28x to 4.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | NT$51.19 | NT$526.00 | x |
| 2021-09-30 | NT$72.84 | NT$526.00 | x |
| 2022-09-30 | NT$59.04 | NT$526.00 | x |
| 2023-09-30 | NT$109.00 | NT$526.00 | x |
| 2024-09-30 | NT$110.83 | NT$526.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Airoha Technology 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): 14.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.08%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.46x
- Recent ROE (14.51%) is below the historical average (17.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 16.85% | 10.88% | 0.79x | 1.96x | NT$431.68 Million |
| 2021 | 18.64% | 10.92% | 1.06x | 1.60x | NT$897.47 Million |
| 2022 | 33.39% | 15.41% | 1.10x | 1.97x | NT$2.03 Billion |
| 2023 | 5.89% | 7.14% | 0.68x | 1.22x | NT$-676.36 Million |
| 2024 | 14.51% | 14.08% | 0.71x | 1.46x | NT$836.38 Million |
Industry Comparison
This section compares Airoha Technology 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 |
|---|---|---|---|---|
| Airoha Technology Corp (6526) | NT$21.03 Billion | 16.85% | 0.33x | $767.02 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 |