Walton Advanced Engineering Inc (8110) - Net Assets
Based on the latest financial reports, Walton Advanced Engineering Inc (8110) has net assets worth NT$11.12 Billion TWD (≈ $350.20 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$15.42 Billion ≈ $485.97 Million USD) and total liabilities (NT$4.31 Billion ≈ $135.76 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 asset resilience ratio of Walton Advanced Engineering Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$11.12 Billion |
| % of Total Assets | 72.06% |
| Annual Growth Rate | 5.01% |
| 5-Year Change | -11.13% |
| 10-Year Change | 37.75% |
| Growth Volatility | 11.31 |
Walton Advanced Engineering Inc - Net Assets Trend (2003–2024)
This chart illustrates how Walton Advanced Engineering Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Walton Advanced Engineering Inc for the complete picture of this company's asset base.
Annual Net Assets for Walton Advanced Engineering Inc (2003–2024)
The table below shows the annual net assets of Walton Advanced Engineering Inc from 2003 to 2024. For live valuation and market cap data, see 8110 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.56 Billion ≈ $332.74 Million |
-0.61% |
| 2023-12-31 | NT$10.63 Billion ≈ $334.79 Million |
+3.77% |
| 2022-12-31 | NT$10.24 Billion ≈ $322.62 Million |
-8.88% |
| 2021-12-31 | NT$11.24 Billion ≈ $354.07 Million |
-5.44% |
| 2020-12-31 | NT$11.88 Billion ≈ $374.42 Million |
+1.64% |
| 2019-12-31 | NT$11.69 Billion ≈ $368.36 Million |
+8.73% |
| 2018-12-31 | NT$10.75 Billion ≈ $338.78 Million |
+5.61% |
| 2017-12-31 | NT$10.18 Billion ≈ $320.79 Million |
+26.05% |
| 2016-12-31 | NT$8.08 Billion ≈ $254.50 Million |
+5.36% |
| 2015-12-31 | NT$7.67 Billion ≈ $241.55 Million |
-2.00% |
| 2014-12-31 | NT$7.82 Billion ≈ $246.48 Million |
+14.79% |
| 2013-12-31 | NT$6.82 Billion ≈ $214.73 Million |
+4.83% |
| 2012-12-31 | NT$6.50 Billion ≈ $204.83 Million |
-5.03% |
| 2011-12-31 | NT$6.85 Billion ≈ $215.67 Million |
-3.94% |
| 2010-12-31 | NT$7.13 Billion ≈ $224.51 Million |
+3.35% |
| 2009-12-31 | NT$6.89 Billion ≈ $217.23 Million |
+9.04% |
| 2008-12-31 | NT$6.32 Billion ≈ $199.21 Million |
-6.75% |
| 2007-12-31 | NT$6.78 Billion ≈ $213.63 Million |
+1.80% |
| 2006-12-31 | NT$6.66 Billion ≈ $209.86 Million |
+22.59% |
| 2005-12-31 | NT$5.43 Billion ≈ $171.18 Million |
+37.94% |
| 2004-12-31 | NT$3.94 Billion ≈ $124.10 Million |
+4.12% |
| 2003-12-31 | NT$3.78 Billion ≈ $119.19 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Walton Advanced Engineering 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 329520200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.30 Billion | 31.60% |
| Other Components | NT$7.13 Billion | 68.40% |
| Total Equity | NT$10.43 Billion | 100.00% |
Walton Advanced Engineering Inc Competitors by Market Cap
The table below lists competitors of Walton Advanced Engineering Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEIJ.JINGNENG CL.ERG.HYC1
F:BJ6
|
$774.12 Million |
|
HomeTrust Bancshares, Inc.
NYSE:HTB
|
$774.17 Million |
|
Nichidenbo Corp
TW:3090
|
$774.42 Million |
|
SS Innovations International Inc. Common Stock
NASDAQ:SSII
|
$774.51 Million |
|
National Grid PLC
LSE:NG
|
$772.77 Million |
|
Beijing Jingpin Tezhuang Technology Co. Ltd. A
SHG:688084
|
$772.44 Million |
|
Zhang Xiaoquan Inc.
SHE:301055
|
$772.26 Million |
|
Mahindra Lifespace Developers Limited
NSE:MAHLIFE
|
$772.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Walton Advanced Engineering Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,534,068,000 to 10,426,842,000, a change of -107,226,000 (-1.0%).
- Net income of 134,269,000 contributed positively to equity growth.
- Dividend payments of 103,148,000 reduced retained earnings.
- Share repurchases of 182,198,000 reduced equity.
- Other comprehensive income decreased equity by 1,757,607,000.
- Other factors increased equity by 1,801,458,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$134.27 Million | +1.29% |
| Dividends Paid | NT$103.15 Million | -0.99% |
| Share Repurchases | NT$182.20 Million | -1.75% |
| Other Comprehensive Income | NT$-1.76 Billion | -16.86% |
| Other Changes | NT$1.80 Billion | +17.28% |
| Total Change | NT$- | -1.02% |
Book Value vs Market Value Analysis
This analysis compares Walton Advanced Engineering 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: 2.35x
- 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 3.87x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$12.56 | NT$48.55 | x |
| 2010-12-31 | NT$14.16 | NT$48.55 | x |
| 2011-12-31 | NT$13.62 | NT$48.55 | x |
| 2012-12-31 | NT$12.99 | NT$48.55 | x |
| 2013-12-31 | NT$13.63 | NT$48.55 | x |
| 2014-12-31 | NT$15.53 | NT$48.55 | x |
| 2015-12-31 | NT$15.28 | NT$48.55 | x |
| 2016-12-31 | NT$16.90 | NT$48.55 | x |
| 2017-12-31 | NT$20.99 | NT$48.55 | x |
| 2018-12-31 | NT$20.54 | NT$48.55 | x |
| 2019-12-31 | NT$23.07 | NT$48.55 | x |
| 2020-12-31 | NT$21.99 | NT$48.55 | x |
| 2021-12-31 | NT$21.07 | NT$48.55 | x |
| 2022-12-31 | NT$19.39 | NT$48.55 | x |
| 2023-12-31 | NT$20.41 | NT$48.55 | x |
| 2024-12-31 | NT$20.62 | NT$48.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Walton Advanced Engineering Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.55x
- Recent ROE (1.29%) is below the historical average (4.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 0.34% | 0.30% | 0.64x | 1.76x | NT$-365.29 Million |
| 2004 | 5.20% | 4.64% | 0.59x | 1.89x | NT$-188.93 Million |
| 2005 | 12.53% | 6.94% | 0.74x | 2.45x | NT$116.22 Million |
| 2006 | 14.03% | 8.50% | 0.82x | 2.01x | NT$234.82 Million |
| 2007 | 14.45% | 8.61% | 0.78x | 2.16x | NT$274.64 Million |
| 2008 | 1.28% | 0.92% | 0.65x | 2.14x | NT$-507.18 Million |
| 2009 | 3.52% | 2.63% | 0.63x | 2.11x | NT$-409.33 Million |
| 2010 | 13.41% | 10.61% | 0.54x | 2.33x | NT$242.71 Million |
| 2011 | 1.64% | 1.37% | 0.49x | 2.46x | NT$-572.40 Million |
| 2012 | -3.51% | -2.75% | 0.52x | 2.45x | NT$-878.36 Million |
| 2013 | 4.73% | 3.63% | 0.54x | 2.43x | NT$-359.18 Million |
| 2014 | 11.20% | 8.75% | 0.60x | 2.14x | NT$93.60 Million |
| 2015 | 1.87% | 1.81% | 0.51x | 2.02x | NT$-623.15 Million |
| 2016 | 5.45% | 5.03% | 0.56x | 1.95x | NT$-367.44 Million |
| 2017 | 6.59% | 7.11% | 0.58x | 1.61x | NT$-347.67 Million |
| 2018 | 3.77% | 4.74% | 0.50x | 1.60x | NT$-670.04 Million |
| 2019 | 1.41% | 2.45% | 0.39x | 1.47x | NT$-1.00 Billion |
| 2020 | 2.14% | 4.27% | 0.33x | 1.51x | NT$-933.53 Million |
| 2021 | 1.09% | 1.46% | 0.38x | 1.97x | NT$-975.35 Million |
| 2022 | 1.55% | 1.64% | 0.49x | 1.92x | NT$-847.90 Million |
| 2023 | -0.06% | -0.09% | 0.42x | 1.64x | NT$-1.06 Billion |
| 2024 | 1.29% | 1.71% | 0.49x | 1.55x | NT$-908.42 Million |
Industry Comparison
This section compares Walton Advanced Engineering Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $4,478,808,900
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Walton Advanced Engineering Inc (8110) | NT$11.12 Billion | 0.34% | 0.39x | $773.58 Million |
| Rectron Ltd (2302) | $1.62 Billion | 1.59% | 0.32x | $102.43 Million |
| Taiwan Mask Corp (2338) | $4.43 Billion | 10.05% | 3.04x | $449.49 Million |
| SDI Corp (2351) | $7.42 Billion | 9.10% | 0.69x | $1.05 Billion |
| Lingsen Precision Industries Ltd (2369) | $5.71 Billion | 4.72% | 0.41x | $362.17 Million |
| Greatek Electronics Inc (2441) | $9.63 Billion | 24.96% | 0.14x | $1.62 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $1.54 Billion | 10.82% | 0.38x | $1.95 Billion |
| Pan Jit International Inc (2481) | $3.40 Billion | 0.16% | 1.84x | $1.20 Billion |
| Ampoc Far-East Co Ltd (2493) | $1.80 Billion | 2.61% | 0.41x | $740.76 Million |
| Episil-Precision Inc (3016) | $5.30 Billion | 12.85% | 0.45x | $1.06 Billion |
| Zenitron Corp (3028) | $3.93 Billion | 8.09% | 1.72x | $596.46 Million |
About Walton Advanced Engineering Inc
Walton Advanced Engineering, Inc., together with its subsidiaries, provides semiconductor packaging and testing services in Taiwan and China. The company offers IC package solutions, including legacy lead frame, wire bond BGA, multichip, and system-in-package. It also provides IC testing services, such as testers, burn-in ovens, and performing wafer probing; testing platform, including chip probi… Read more