SynPower Co., Ltd.
SynPower Co., Ltd. engages in the manufacture, testing, and sale of electronic equipment and the surface processing of printed circuit board (PCB) in Taiwan, Asia, and Internationally. The company offers PCB equipment application, FPCB application equipment, IC substrate board application, optical vision zone, horizontal wet process, and AI and smart manufacturing products. It also provides visua… Read more
SynPower Co., Ltd. (6658) - Net Assets
Latest net assets as of September 2025: NT$1.39 Billion TWD
Based on the latest financial reports, SynPower Co., Ltd. (6658) has net assets worth NT$1.39 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$3.07 Billion) and total liabilities (NT$1.68 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$1.39 Billion |
| % of Total Assets | 45.38% |
| Annual Growth Rate | 12.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.71 |
SynPower Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how SynPower 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 SynPower Co., Ltd. (2020–2024)
The table below shows the annual net assets of SynPower Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.29 Billion | +13.78% |
| 2023-12-31 | NT$1.13 Billion | +8.07% |
| 2022-12-31 | NT$1.05 Billion | +6.61% |
| 2021-12-31 | NT$981.83 Million | +21.14% |
| 2020-12-31 | NT$810.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SynPower 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 15.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$272.20 Million | 22.99% |
| Common Stock | NT$328.70 Million | 27.76% |
| Other Components | NT$582.99 Million | 49.24% |
| Total Equity | NT$1.18 Billion | 100.00% |
SynPower Co., Ltd. Competitors by Market Cap
The table below lists competitors of SynPower Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
21Shares Tezos staking ETP
XETRA:AXTZ
|
$19.90K |
|
Elamex SA de CV
PINK:ELAMF
|
$19.91K |
|
Bpost SA de Droit Public
BE:13B
|
$19.91K |
|
Focus HNS Co. Ltd.
KO:331380
|
$19.91K |
|
GPAR3F
SA:GPAR3F
|
$19.88K |
|
Etrion Corporation
PINK:ETRXF
|
$19.87K |
|
STBP3Q
SA:STBP3Q
|
$19.86K |
|
Brickability Group Plc
LSE:BRCK
|
$19.83K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SynPower Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,036,568,000 to 1,183,890,000, a change of 147,322,000 (14.2%).
- Net income of 35,974,000 contributed positively to equity growth.
- Dividend payments of 39,444,000 reduced retained earnings.
- Other factors increased equity by 150,792,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$35.97 Million | +3.04% |
| Dividends Paid | NT$39.44 Million | -3.33% |
| Other Changes | NT$150.79 Million | +12.74% |
| Total Change | NT$- | 14.21% |
Book Value vs Market Value Analysis
This analysis compares SynPower 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: 1.88x
- 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 2.47x to 1.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$27.25 | NT$67.20 | x |
| 2021-12-31 | NT$30.85 | NT$67.20 | x |
| 2022-12-31 | NT$30.79 | NT$67.20 | x |
| 2023-12-31 | NT$33.22 | NT$67.20 | x |
| 2024-12-31 | NT$35.75 | NT$67.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SynPower Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.26%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.41x
- Recent ROE (3.04%) is below the historical average (5.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 8.62% | 5.15% | 0.70x | 2.40x | NT$-10.33 Million |
| 2021 | 2.42% | 1.58% | 0.67x | 2.28x | NT$-68.03 Million |
| 2022 | 12.60% | 7.44% | 0.75x | 2.25x | NT$24.60 Million |
| 2023 | 2.90% | 2.34% | 0.60x | 2.07x | NT$-73.57 Million |
| 2024 | 3.04% | 2.26% | 0.56x | 2.41x | NT$-82.42 Million |
Industry Comparison
This section compares SynPower Co., Ltd.'s net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $3,963,876,800
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SynPower Co., Ltd. (6658) | NT$1.39 Billion | 8.62% | 1.20x | $19.89K |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.31 Billion | -10.40% | 0.55x | $285.76 Million |
| Greatek Electronics Inc (2441) | $9.68 Billion | 16.62% | 0.10x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |