Chang Wah Electromaterials Inc
Chang Wah Electromaterials Inc. engages in trading of electrical, telecommunication, and semiconductor materials and parts in Taiwan, Asia, and internationally. It offers various IC packaging materials, including EME, lead frame, laminated substrate, CRM, FCCSP/FCBGA substrate, release film, cover and UV tape, low CTE core and prepreg material, and dummy and monitor wafer; IC/LED packaging equipm… Read more
Chang Wah Electromaterials Inc (8070) - Net Assets
Latest net assets as of September 2025: NT$22.49 Billion TWD
Based on the latest financial reports, Chang Wah Electromaterials Inc (8070) has net assets worth NT$22.49 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$40.41 Billion) and total liabilities (NT$17.92 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$22.49 Billion |
| % of Total Assets | 55.66% |
| Annual Growth Rate | 16.59% |
| 5-Year Change | 150.66% |
| 10-Year Change | 232.51% |
| Growth Volatility | 20.28 |
Chang Wah Electromaterials Inc - Net Assets Trend (2002–2024)
This chart illustrates how Chang Wah Electromaterials Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chang Wah Electromaterials Inc (2002–2024)
The table below shows the annual net assets of Chang Wah Electromaterials Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$22.35 Billion | +14.38% |
| 2023-12-31 | NT$19.54 Billion | +19.24% |
| 2022-12-31 | NT$16.39 Billion | +11.32% |
| 2021-12-31 | NT$14.72 Billion | +65.12% |
| 2020-12-31 | NT$8.92 Billion | +10.79% |
| 2019-12-31 | NT$8.05 Billion | -1.33% |
| 2018-12-31 | NT$8.16 Billion | -4.87% |
| 2017-12-31 | NT$8.57 Billion | +46.14% |
| 2016-12-31 | NT$5.87 Billion | -12.71% |
| 2015-12-31 | NT$6.72 Billion | +7.42% |
| 2014-12-31 | NT$6.26 Billion | +11.08% |
| 2013-12-31 | NT$5.63 Billion | +23.21% |
| 2012-12-31 | NT$4.57 Billion | +50.00% |
| 2011-12-31 | NT$3.05 Billion | -16.72% |
| 2010-12-31 | NT$3.66 Billion | +10.74% |
| 2009-12-31 | NT$3.30 Billion | +28.04% |
| 2008-12-31 | NT$2.58 Billion | -2.35% |
| 2007-12-31 | NT$2.64 Billion | +20.40% |
| 2006-12-31 | NT$2.20 Billion | +25.56% |
| 2005-12-31 | NT$1.75 Billion | +47.41% |
| 2004-12-31 | NT$1.19 Billion | +31.16% |
| 2003-12-31 | NT$904.26 Million | +18.42% |
| 2002-12-31 | NT$763.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chang Wah Electromaterials Inc'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 347010200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.47 Billion | 19.88% |
| Common Stock | NT$725.65 Million | 4.16% |
| Other Comprehensive Income | NT$5.74 Billion | 32.86% |
| Other Components | NT$7.53 Billion | 43.11% |
| Total Equity | NT$17.46 Billion | 100.00% |
Chang Wah Electromaterials Inc Competitors by Market Cap
The table below lists competitors of Chang Wah Electromaterials Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GRIPM Advanced Materials Co. Ltd. A
SHG:688456
|
$416.74 Million |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
$416.87 Million |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
$416.89 Million |
|
Gudang Garam Tbk
JK:GGRM
|
$416.94 Million |
|
Yuneng Technology Co. Ltd. A
SHG:688348
|
$416.69 Million |
|
LG Balakrishnan & Bros Limited
NSE:LGBBROSLTD
|
$416.65 Million |
|
Inghams Group Ltd
AU:ING
|
$416.53 Million |
|
BETTER COLLECTIVE EO-01
F:9C8
|
$416.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chang Wah Electromaterials Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,010,981,000 to 17,457,695,000, a change of 2,446,714,000 (16.3%).
- Net income of 1,592,225,000 contributed positively to equity growth.
- Dividend payments of 1,645,722,000 reduced retained earnings.
- Share repurchases of 107,497,000 reduced equity.
- New share issuances of 67,773,000 increased equity.
- Other comprehensive income increased equity by 1,118,850,999.
- Other factors increased equity by 1,421,084,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.59 Billion | +9.12% |
| Dividends Paid | NT$1.65 Billion | -9.43% |
| Share Repurchases | NT$107.50 Million | -0.62% |
| Share Issuances | NT$67.77 Million | +0.39% |
| Other Comprehensive Income | NT$1.12 Billion | +6.41% |
| Other Changes | NT$1.42 Billion | +8.14% |
| Total Change | NT$- | 16.30% |
Book Value vs Market Value Analysis
This analysis compares Chang Wah Electromaterials Inc'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: 1.77x
- 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 14.64x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | NT$2.99 | NT$43.75 | x |
| 2006-12-31 | NT$3.68 | NT$43.75 | x |
| 2007-12-31 | NT$3.57 | NT$43.75 | x |
| 2008-12-31 | NT$3.73 | NT$43.75 | x |
| 2009-12-31 | NT$4.93 | NT$43.75 | x |
| 2010-12-31 | NT$4.94 | NT$43.75 | x |
| 2011-12-31 | NT$4.20 | NT$43.75 | x |
| 2012-12-31 | NT$5.71 | NT$43.75 | x |
| 2013-12-31 | NT$6.52 | NT$43.75 | x |
| 2014-12-31 | NT$6.62 | NT$43.75 | x |
| 2015-12-31 | NT$6.55 | NT$43.75 | x |
| 2016-12-31 | NT$7.55 | NT$43.75 | x |
| 2017-12-31 | NT$8.97 | NT$43.75 | x |
| 2018-12-31 | NT$8.65 | NT$43.75 | x |
| 2019-12-31 | NT$8.73 | NT$43.75 | x |
| 2020-12-31 | NT$10.15 | NT$43.75 | x |
| 2021-12-31 | NT$15.97 | NT$43.75 | x |
| 2022-12-31 | NT$16.89 | NT$43.75 | x |
| 2023-12-31 | NT$21.36 | NT$43.75 | x |
| 2024-12-31 | NT$24.75 | NT$43.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chang Wah Electromaterials Inc 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): 9.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.24%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.17x
- Recent ROE (9.12%) is below the historical average (18.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 27.19% | 4.65% | 2.86x | 2.05x | NT$131.23 Million |
| 2003 | 31.16% | 5.14% | 2.90x | 2.09x | NT$191.38 Million |
| 2004 | 38.10% | 5.69% | 2.69x | 2.48x | NT$333.30 Million |
| 2005 | 27.69% | 5.38% | 2.46x | 2.09x | NT$301.69 Million |
| 2006 | 22.55% | 4.58% | 2.19x | 2.25x | NT$269.49 Million |
| 2007 | 21.06% | 4.57% | 2.06x | 2.24x | NT$285.59 Million |
| 2008 | 4.29% | 0.96% | 1.82x | 2.45x | NT$-130.40 Million |
| 2009 | 14.27% | 3.49% | 1.51x | 2.71x | NT$129.04 Million |
| 2010 | 26.72% | 5.50% | 1.70x | 2.86x | NT$535.21 Million |
| 2011 | 0.72% | 0.12% | 1.65x | 3.76x | NT$-237.10 Million |
| 2012 | 15.73% | 3.76% | 1.53x | 2.73x | NT$223.67 Million |
| 2013 | 9.89% | 2.76% | 1.28x | 2.80x | NT$-4.92 Million |
| 2014 | 8.86% | 2.40% | 1.21x | 3.05x | NT$-53.79 Million |
| 2015 | 20.63% | 6.81% | 1.08x | 2.80x | NT$529.35 Million |
| 2016 | 15.03% | 7.18% | 1.16x | 1.81x | NT$262.90 Million |
| 2017 | 15.17% | 6.17% | 0.88x | 2.78x | NT$297.06 Million |
| 2018 | 15.54% | 5.43% | 0.99x | 2.89x | NT$305.18 Million |
| 2019 | 19.64% | 7.10% | 0.86x | 3.22x | NT$539.05 Million |
| 2020 | 20.96% | 8.29% | 0.70x | 3.59x | NT$712.40 Million |
| 2021 | 22.84% | 12.04% | 0.68x | 2.78x | NT$1.40 Billion |
| 2022 | 30.85% | 16.35% | 0.66x | 2.86x | NT$2.41 Billion |
| 2023 | 9.84% | 8.96% | 0.45x | 2.42x | NT$-23.88 Million |
| 2024 | 9.12% | 9.24% | 0.45x | 2.17x | NT$-153.54 Million |
Industry Comparison
This section compares Chang Wah Electromaterials Inc's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,516,139,100
- Average return on equity (ROE) among peers: 5.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chang Wah Electromaterials Inc (8070) | NT$22.49 Billion | 27.19% | 0.80x | $416.72 Million |
| China Wire & Cable Co Ltd (1603) | $5.29 Billion | 8.42% | 0.61x | $77.47 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.09 Billion | -0.33% | 0.05x | $111.08 Million |
| Senao International Co Ltd (2450) | $6.43 Billion | 10.98% | 0.53x | $64.69 Million |
| Wah Lee Industrial Corp (3010) | $8.62 Billion | 11.39% | 1.34x | $645.33 Million |
| Weikeng Industrial Co Ltd (3033) | $2.53 Billion | 15.31% | 2.01x | $384.05 Million |
| Edom Technology Co Ltd (3048) | $3.72 Billion | 18.74% | 5.27x | $169.71 Million |
| MetaTech AP (3224) | $2.61 Billion | -2.64% | 0.25x | $59.52 Million |
| Sentronic International (3232) | $363.49 Million | 5.76% | 1.39x | $22.56 Million |
| Kworld Computer Co Ltd (3287) | $411.82 Million | 2.32% | 0.36x | $17.39 Million |
| G.M.I Technology Inc (3312) | $1.11 Billion | -19.88% | 1.94x | $115.66 Million |