JMC Electronics Co Ltd
JMC Electronics Co., Ltd. provides chip on film products in Taiwan and Asia. The company offers tape-based advanced flip-chip film IC substrates, mini LEDs, and IC circuits substrate which is used in large flat panel displays, medical equipment components, automotive display driver, smart retail, smartphone/tablet/laptop, wearable device, and IC circuit substrate. The company was formerly known a… Read more
JMC Electronics Co Ltd (6552) - Net Assets
Latest net assets as of September 2025: NT$2.32 Billion TWD
Based on the latest financial reports, JMC Electronics Co Ltd (6552) has net assets worth NT$2.32 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$3.57 Billion) and total liabilities (NT$1.25 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$2.32 Billion |
| % of Total Assets | 64.93% |
| Annual Growth Rate | 12.75% |
| 5-Year Change | 18.58% |
| 10-Year Change | 90.49% |
| Growth Volatility | 57.06 |
JMC Electronics Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how JMC Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for JMC Electronics Co Ltd (2012–2024)
The table below shows the annual net assets of JMC Electronics Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.69 Billion | +6.25% |
| 2023-12-31 | NT$2.53 Billion | +4.12% |
| 2022-12-31 | NT$2.43 Billion | -13.33% |
| 2021-12-31 | NT$2.80 Billion | +23.67% |
| 2020-12-31 | NT$2.27 Billion | +0.43% |
| 2019-12-31 | NT$2.26 Billion | +19.77% |
| 2018-12-31 | NT$1.88 Billion | +10.27% |
| 2017-12-31 | NT$1.71 Billion | +12.46% |
| 2016-12-31 | NT$1.52 Billion | +7.70% |
| 2015-12-31 | NT$1.41 Billion | +93.93% |
| 2014-12-31 | NT$727.67 Million | +178.96% |
| 2013-12-31 | NT$260.85 Million | -59.05% |
| 2012-12-31 | NT$637.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JMC Electronics Co Ltd'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 142740300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$618.22 Million | 23.00% |
| Common Stock | NT$830.00 Million | 30.88% |
| Other Comprehensive Income | NT$662.99 Million | 24.66% |
| Other Components | NT$576.92 Million | 21.46% |
| Total Equity | NT$2.69 Billion | 100.00% |
JMC Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of JMC Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NicOx S.A.
PA:ALCOX
|
$28.49 Million |
|
EcoFirst Consolidated Bhd
KLSE:3557
|
$28.49 Million |
|
PVP Ventures Limited
NSE:PVP
|
$28.50 Million |
|
AB Traction
ST:TRAC-B
|
$28.52 Million |
|
Ekso Bionics Holdings Inc
NASDAQ:EKSO
|
$28.47 Million |
|
ACHILLES THERAP.SP.ADS/1
F:698
|
$28.46 Million |
|
Broncus Holding Corporation
PINK:BRNHF
|
$28.45 Million |
|
Sono-Tek Corp
NASDAQ:SOTK
|
$28.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JMC Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,530,060,000 to 2,688,128,000, a change of 158,068,000 (6.2%).
- Net income of 13,187,000 contributed positively to equity growth.
- Dividend payments of 24,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 347,669,000.
- Other factors decreased equity by 177,888,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$13.19 Million | +0.49% |
| Dividends Paid | NT$24.90 Million | -0.93% |
| Other Comprehensive Income | NT$347.67 Million | +12.93% |
| Other Changes | NT$-177.89 Million | -6.62% |
| Total Change | NT$- | 6.25% |
Book Value vs Market Value Analysis
This analysis compares JMC Electronics Co Ltd'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: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.08x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | NT$25.59 | NT$27.55 | x |
| 2013-12-31 | NT$10.56 | NT$27.55 | x |
| 2014-12-31 | NT$20.21 | NT$27.55 | x |
| 2015-12-31 | NT$19.24 | NT$27.55 | x |
| 2016-12-31 | NT$20.31 | NT$27.55 | x |
| 2017-12-31 | NT$20.64 | NT$27.55 | x |
| 2018-12-31 | NT$22.70 | NT$27.55 | x |
| 2019-12-31 | NT$22.53 | NT$27.55 | x |
| 2020-12-31 | NT$24.00 | NT$27.55 | x |
| 2021-12-31 | NT$33.72 | NT$27.55 | x |
| 2022-12-31 | NT$29.24 | NT$27.55 | x |
| 2023-12-31 | NT$27.68 | NT$27.55 | x |
| 2024-12-31 | NT$29.39 | NT$27.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JMC Electronics Co Ltd 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): 0.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.67%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.52x
- Recent ROE (0.49%) is below the historical average (10.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.19% | 3.44% | 1.33x | 3.76x | NT$45.82 Million |
| 2013 | 28.96% | 4.95% | 1.45x | 4.03x | NT$49.46 Million |
| 2014 | 9.27% | 5.35% | 0.97x | 1.78x | NT$-5.34 Million |
| 2015 | 20.14% | 17.90% | 0.95x | 1.18x | NT$143.15 Million |
| 2016 | 8.97% | 8.17% | 0.94x | 1.17x | NT$-15.69 Million |
| 2017 | 0.26% | 0.33% | 0.66x | 1.17x | NT$-166.51 Million |
| 2018 | 11.65% | 11.37% | 0.69x | 1.49x | NT$31.08 Million |
| 2019 | 23.23% | 17.38% | 0.79x | 1.69x | NT$298.62 Million |
| 2020 | 6.54% | 5.60% | 0.62x | 1.88x | NT$-78.37 Million |
| 2021 | 11.57% | 10.80% | 0.61x | 1.75x | NT$44.04 Million |
| 2022 | 3.02% | 3.47% | 0.45x | 1.94x | NT$-169.64 Million |
| 2023 | 0.30% | 0.42% | 0.42x | 1.68x | NT$-245.53 Million |
| 2024 | 0.49% | 0.67% | 0.48x | 1.52x | NT$-255.63 Million |
Industry Comparison
This section compares JMC Electronics Co Ltd'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 |
|---|---|---|---|---|
| JMC Electronics Co Ltd (6552) | NT$2.32 Billion | 17.19% | 0.54x | $28.47 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 |