FineMat Applied Materials Co Ltd (6698) - Net Assets
Based on the latest financial reports, FineMat Applied Materials Co Ltd (6698) has net assets worth NT$1.85 Billion TWD (≈ $58.28 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.81 Billion ≈ $88.64 Million USD) and total liabilities (NT$963.77 Million ≈ $30.36 Million USD). 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. Check financial resilience of FineMat Applied Materials Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.85 Billion |
| % of Total Assets | 65.75% |
| Annual Growth Rate | 16.58% |
| 5-Year Change | 15.76% |
| 10-Year Change | N/A |
| Growth Volatility | 19.21 |
FineMat Applied Materials Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how FineMat Applied Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of FineMat Applied Materials Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for FineMat Applied Materials Co Ltd (2015–2024)
The table below shows the annual net assets of FineMat Applied Materials Co Ltd from 2015 to 2024. For live valuation and market cap data, see FineMat Applied Materials Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.97 Billion ≈ $61.95 Million |
-1.92% |
| 2023-12-31 | NT$2.01 Billion ≈ $63.17 Million |
+8.97% |
| 2022-12-31 | NT$1.84 Billion ≈ $57.97 Million |
+8.30% |
| 2021-12-31 | NT$1.70 Billion ≈ $53.53 Million |
+0.02% |
| 2020-12-31 | NT$1.70 Billion ≈ $53.52 Million |
+16.59% |
| 2019-12-31 | NT$1.46 Billion ≈ $45.90 Million |
+63.94% |
| 2018-12-31 | NT$888.73 Million ≈ $28.00 Million |
+34.75% |
| 2017-12-31 | NT$659.54 Million ≈ $20.78 Million |
+18.83% |
| 2016-12-31 | NT$555.02 Million ≈ $17.49 Million |
+12.31% |
| 2015-12-31 | NT$494.20 Million ≈ $15.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FineMat Applied Materials 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 13557200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$663.90 Million | 56.38% |
| Other Comprehensive Income | NT$54.56 Million | 4.63% |
| Other Components | NT$515.13 Million | 43.75% |
| Total Equity | NT$1.18 Billion | 100.00% |
FineMat Applied Materials Co Ltd Competitors by Market Cap
The table below lists competitors of FineMat Applied Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS
IS:PRKME
|
$63.95 Million |
|
Digital Multimedia Technology Co.Ltd
KQ:134580
|
$63.96 Million |
|
Metro Systems Corporation Public Company Limited
BK:MSC
|
$63.96 Million |
|
Natura City Developments Tbk PT
JK:CITY
|
$63.98 Million |
|
Yatra Online Inc
NASDAQ:YTRA
|
$63.94 Million |
|
Choong Ang Vaccine Laboratory Co. Ltd
KQ:072020
|
$63.93 Million |
|
Jayant Agro Organics Limited
NSE:JAYAGROGN
|
$63.91 Million |
|
Fluence Corporation Ltd
AU:FLC
|
$63.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FineMat Applied Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,215,066,000 to 1,177,514,000, a change of -37,552,000 (-3.1%).
- Net loss of 62,968,000 reduced equity.
- Other comprehensive income increased equity by 20,265,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-62.97 Million | -5.35% |
| Other Comprehensive Income | NT$20.27 Million | +1.72% |
| Other Changes | NT$5.15 Million | +0.44% |
| Total Change | NT$- | -3.09% |
Book Value vs Market Value Analysis
This analysis compares FineMat Applied Materials 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: 1.72x
- 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 3.08x to 1.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | NT$10.02 | NT$30.85 | x |
| 2016-12-31 | NT$10.32 | NT$30.85 | x |
| 2017-12-31 | NT$10.59 | NT$30.85 | x |
| 2018-12-31 | NT$13.88 | NT$30.85 | x |
| 2019-12-31 | NT$21.96 | NT$30.85 | x |
| 2020-12-31 | NT$18.75 | NT$30.85 | x |
| 2021-12-31 | NT$18.28 | NT$30.85 | x |
| 2022-12-31 | NT$19.52 | NT$30.85 | x |
| 2023-12-31 | NT$18.47 | NT$30.85 | x |
| 2024-12-31 | NT$17.90 | NT$30.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FineMat Applied Materials Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.07%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.46x
- Recent ROE (-5.35%) is below the historical average (4.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 7.17% | 19.64% | 0.34x | 1.06x | NT$-13.98 Million |
| 2016 | 3.61% | 9.56% | 0.33x | 1.15x | NT$-32.69 Million |
| 2017 | 5.87% | 7.37% | 0.56x | 1.42x | NT$-21.88 Million |
| 2018 | 16.15% | 19.94% | 0.58x | 1.40x | NT$48.30 Million |
| 2019 | 15.44% | 24.32% | 0.47x | 1.34x | NT$73.22 Million |
| 2020 | 2.21% | 4.44% | 0.27x | 1.84x | NT$-97.13 Million |
| 2021 | 6.15% | 8.72% | 0.32x | 2.18x | NT$-46.68 Million |
| 2022 | 1.77% | 1.82% | 0.40x | 2.43x | NT$-105.72 Million |
| 2023 | -7.04% | -7.63% | 0.35x | 2.60x | NT$-207.08 Million |
| 2024 | -5.35% | -7.07% | 0.31x | 2.46x | NT$-180.72 Million |
Industry Comparison
This section compares FineMat Applied Materials Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FineMat Applied Materials Co Ltd (6698) | NT$1.85 Billion | 7.17% | 0.52x | $63.94 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About FineMat Applied Materials Co Ltd
FineMat Applied Materials Co., Ltd., together with its subsidiaries, develops, manufactures, and sells high precision metal masks and other metal products in Mainland China, Taiwan, and internationally. The company offers high-precision metal mask stretching for displays; flexible OLED display metal mask production and stretching; recycle and cleaning services for OLED and semiconductor component… Read more