Powerchip Semiconductor Manufacturing Corp.
Powerchip Semiconductor Manufacturing Corporation provides chip design and manufacturing services. It provides foundry, design, overhaul, manufacturing, and memory wafer testing services. The company was formerly known as Maxchip Electronics Corp and changed its name to Powerchip Semiconductor Manufacturing Corporation in September 2018. Powerchip Semiconductor Manufacturing Corporation was incor… Read more
Powerchip Semiconductor Manufacturing Corp. (6770) - Net Assets
Latest net assets as of September 2025: NT$82.15 Billion TWD
Based on the latest financial reports, Powerchip Semiconductor Manufacturing Corp. (6770) has net assets worth NT$82.15 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$178.36 Billion) and total liabilities (NT$96.21 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$82.15 Billion |
| % of Total Assets | 46.06% |
| Annual Growth Rate | 51.05% |
| 5-Year Change | 166.86% |
| 10-Year Change | N/A |
| Growth Volatility | 162.63 |
Powerchip Semiconductor Manufacturing Corp. - Net Assets Trend (2016–2024)
This chart illustrates how Powerchip Semiconductor Manufacturing 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 Powerchip Semiconductor Manufacturing Corp. (2016–2024)
The table below shows the annual net assets of Powerchip Semiconductor Manufacturing Corp. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$88.65 Billion | -5.48% |
| 2023-12-31 | NT$93.79 Billion | -1.55% |
| 2022-12-31 | NT$95.27 Billion | +43.05% |
| 2021-12-31 | NT$66.60 Billion | +100.48% |
| 2020-12-31 | NT$33.22 Billion | +11.18% |
| 2019-12-31 | NT$29.88 Billion | +510.04% |
| 2018-12-31 | NT$4.90 Billion | +25.65% |
| 2017-12-31 | NT$3.90 Billion | +19.16% |
| 2016-12-31 | NT$3.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Powerchip Semiconductor Manufacturing 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 2302.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$15.50 Billion | 17.48% |
| Common Stock | NT$41.72 Billion | 47.06% |
| Other Comprehensive Income | NT$10.08 Million | 0.01% |
| Other Components | NT$31.42 Billion | 35.44% |
| Total Equity | NT$88.65 Billion | 100.00% |
Powerchip Semiconductor Manufacturing Corp. Competitors by Market Cap
The table below lists competitors of Powerchip Semiconductor Manufacturing Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nedbank Group Limited
PINK:NDBKF
|
$6.96 Billion |
|
Axsome Therapeutics Inc
NASDAQ:AXSM
|
$6.97 Billion |
|
Molina Healthcare Inc
NYSE:MOH
|
$6.97 Billion |
|
TongFu Microelectronics Co Ltd
SHE:002156
|
$6.97 Billion |
|
SCB X Public Company Limited
BK:SCB
|
$6.95 Billion |
|
Sonic Healthcare Limited
PINK:SKHCF
|
$6.95 Billion |
|
The Federal Bank Limited
NSE:FEDERALBNK
|
$6.95 Billion |
|
KINSALE CAP.GRP.INC. -01
F:KCH
|
$6.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Powerchip Semiconductor Manufacturing Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 93,789,860,000 to 88,645,665,000, a change of -5,144,195,000 (-5.5%).
- Net loss of 6,777,299,000 reduced equity.
- New share issuances of 1,043,345,000 increased equity.
- Other comprehensive income decreased equity by 4,857,553,000.
- Other factors increased equity by 5,447,312,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-6.78 Billion | -7.65% |
| Share Issuances | NT$1.04 Billion | +1.18% |
| Other Comprehensive Income | NT$-4.86 Billion | -5.48% |
| Other Changes | NT$5.45 Billion | +6.15% |
| Total Change | NT$- | -5.48% |
Book Value vs Market Value Analysis
This analysis compares Powerchip Semiconductor Manufacturing 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: 3.35x
- 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 10.11x to 3.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$7.09 | NT$71.70 | x |
| 2017-12-31 | NT$8.13 | NT$71.70 | x |
| 2018-12-31 | NT$1.72 | NT$71.70 | x |
| 2019-12-31 | NT$9.25 | NT$71.70 | x |
| 2020-12-31 | NT$10.14 | NT$71.70 | x |
| 2021-12-31 | NT$18.26 | NT$71.70 | x |
| 2022-12-31 | NT$23.41 | NT$71.70 | x |
| 2023-12-31 | NT$23.08 | NT$71.70 | x |
| 2024-12-31 | NT$21.39 | NT$71.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Powerchip Semiconductor Manufacturing 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): -7.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.15%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.13x
- Recent ROE (-7.65%) is below the historical average (10.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.13% | 10.97% | 1.11x | 1.65x | NT$326.80 Million |
| 2017 | 15.10% | 9.36% | 0.88x | 1.84x | NT$197.28 Million |
| 2018 | 19.96% | 12.71% | 0.64x | 2.45x | NT$484.38 Million |
| 2019 | -8.85% | -7.36% | 0.49x | 2.46x | NT$-5.63 Billion |
| 2020 | 11.46% | 8.33% | 0.58x | 2.38x | NT$484.71 Million |
| 2021 | 24.16% | 24.52% | 0.50x | 1.98x | NT$9.43 Billion |
| 2022 | 22.71% | 28.43% | 0.44x | 1.82x | NT$12.11 Billion |
| 2023 | -1.75% | -3.73% | 0.23x | 2.01x | NT$-11.02 Billion |
| 2024 | -7.65% | -15.15% | 0.24x | 2.13x | NT$-15.64 Billion |
Industry Comparison
This section compares Powerchip Semiconductor Manufacturing 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 |
|---|---|---|---|---|
| Powerchip Semiconductor Manufacturing Corp. (6770) | NT$82.15 Billion | 20.13% | 1.17x | $6.96 Billion |
| 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 |