Msscorps Co Ltd (6830) - Net Assets
Based on the latest financial reports, Msscorps Co Ltd (6830) has net assets worth NT$2.99 Billion TWD (≈ $94.12 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$5.97 Billion ≈ $188.19 Million USD) and total liabilities (NT$2.99 Billion ≈ $94.07 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 Msscorps Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.99 Billion |
| % of Total Assets | 50.01% |
| Annual Growth Rate | 25.11% |
| 5-Year Change | 100.16% |
| 10-Year Change | N/A |
| Growth Volatility | 26.77 |
Msscorps Co Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Msscorps Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Msscorps Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Msscorps Co Ltd (2018–2024)
The table below shows the annual net assets of Msscorps Co Ltd from 2018 to 2024. For live valuation and market cap data, see Msscorps Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.15 Billion ≈ $99.19 Million |
+22.68% |
| 2023-12-31 | NT$2.57 Billion ≈ $80.86 Million |
-0.28% |
| 2022-12-31 | NT$2.57 Billion ≈ $81.09 Million |
+36.92% |
| 2021-12-31 | NT$1.88 Billion ≈ $59.22 Million |
+19.50% |
| 2020-12-31 | NT$1.57 Billion ≈ $49.56 Million |
+5.79% |
| 2019-12-31 | NT$1.49 Billion ≈ $46.85 Million |
+81.16% |
| 2018-12-31 | NT$820.79 Million ≈ $25.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Msscorps 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 20.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$402.16 Million | 12.77% |
| Common Stock | NT$517.81 Million | 16.45% |
| Other Comprehensive Income | NT$12.37 Million | 0.39% |
| Other Components | NT$2.22 Billion | 70.39% |
| Total Equity | NT$3.15 Billion | 100.00% |
Msscorps Co Ltd Competitors by Market Cap
The table below lists competitors of Msscorps Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Techwing Inc
KQ:089030
|
$1.39 Billion |
|
Shenzhen Baoming Technology Co
SHE:002992
|
$1.39 Billion |
|
Beijing Jingyuntong Technology Co Ltd
SHG:601908
|
$1.39 Billion |
|
Palfinger AG
VI:PAL
|
$1.39 Billion |
|
Abaxx Technologies Inc
NEO:ABXX
|
$1.39 Billion |
|
Financial Street Holdings Co Ltd
SHE:000402
|
$1.39 Billion |
|
Nanobiotix S.A
PA:NANO
|
$1.39 Billion |
|
Elite Advanced Laser Corp
TW:3450
|
$1.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Msscorps Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,566,403,000 to 3,148,412,000, a change of 582,009,000 (22.7%).
- Net income of 64,963,000 contributed positively to equity growth.
- Dividend payments of 210,515,000 reduced retained earnings.
- New share issuances of 600,000,000 increased equity.
- Other comprehensive income decreased equity by 115,585,001.
- Other factors increased equity by 243,146,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$64.96 Million | +2.06% |
| Dividends Paid | NT$210.51 Million | -6.69% |
| Share Issuances | NT$600.00 Million | +19.06% |
| Other Comprehensive Income | NT$-115.59 Million | -3.67% |
| Other Changes | NT$243.15 Million | +7.72% |
| Total Change | NT$- | 22.68% |
Book Value vs Market Value Analysis
This analysis compares Msscorps 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: 13.12x
- 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 42.75x to 13.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | NT$19.88 | NT$850.00 | x |
| 2019-12-31 | NT$36.02 | NT$850.00 | x |
| 2020-12-31 | NT$38.11 | NT$850.00 | x |
| 2021-12-31 | NT$45.54 | NT$850.00 | x |
| 2022-12-31 | NT$59.03 | NT$850.00 | x |
| 2023-12-31 | NT$54.51 | NT$850.00 | x |
| 2024-12-31 | NT$64.81 | NT$850.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Msscorps Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.30%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.88x
- Recent ROE (2.06%) is below the historical average (8.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 8.11% | 9.63% | 0.52x | 1.63x | NT$-15.54 Million |
| 2019 | 5.50% | 9.55% | 0.41x | 1.40x | NT$-66.93 Million |
| 2020 | 10.11% | 14.29% | 0.48x | 1.48x | NT$1.81 Million |
| 2021 | 13.43% | 17.18% | 0.51x | 1.54x | NT$64.52 Million |
| 2022 | 11.19% | 16.68% | 0.45x | 1.49x | NT$30.63 Million |
| 2023 | 10.18% | 13.89% | 0.44x | 1.66x | NT$4.64 Million |
| 2024 | 2.06% | 3.30% | 0.33x | 1.88x | NT$-249.88 Million |
Industry Comparison
This section compares Msscorps 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: $4,656,563,100
- Average return on equity (ROE) among peers: 7.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Msscorps Co Ltd (6830) | NT$2.99 Billion | 8.11% | 1.00x | $1.39 Billion |
| Rectron Ltd (2302) | $3.32 Billion | 0.00% | 0.26x | $97.98 Million |
| Taiwan Mask Corp (2338) | $4.70 Billion | 15.81% | 0.66x | $410.22 Million |
| SDI Corp (2351) | $6.53 Billion | 13.04% | 1.00x | $883.71 Million |
| Lingsen Precision Industries Ltd (2369) | $6.33 Billion | 3.68% | 0.53x | $348.60 Million |
| Greatek Electronics Inc (2441) | $7.23 Billion | 23.30% | 0.25x | $1.51 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $3.68 Billion | 12.52% | 0.10x | $2.01 Billion |
| Pan Jit International Inc (2481) | $8.30 Billion | -7.84% | 1.79x | $1.22 Billion |
| Ampoc Far-East Co Ltd (2493) | $1.80 Billion | 2.61% | 0.41x | $692.88 Million |
| Episil-Precision Inc (3016) | $633.73 Million | 0.00% | 0.51x | $815.43 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $510.50 Million |
About Msscorps Co Ltd
Msscorps Co., Ltd. engages in the test and analysis of electronic materials in Asia, the United States, and internationally. It also designs, manufactures, wholesales, and retails electronic materials. The company provides materials analysis services, such as 3D laser confocal profile, AFM, FTIR, X-ray photoelectron spectroscopy, secondary ion mass spectrometry, cross-section polisher, curtain ef… Read more