Formosa Advanced Technologies Co Ltd (8131) - Net Assets
Based on the latest financial reports, Formosa Advanced Technologies Co Ltd (8131) has net assets worth NT$12.25 Billion TWD (≈ $385.85 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$13.92 Billion ≈ $438.47 Million USD) and total liabilities (NT$1.67 Billion ≈ $52.61 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 how resilient are Formosa Advanced Technologies Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.25 Billion |
| % of Total Assets | 88.0% |
| Annual Growth Rate | 8.84% |
| 5-Year Change | -0.45% |
| 10-Year Change | 19.24% |
| Growth Volatility | 30.34 |
Formosa Advanced Technologies Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Formosa Advanced Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Formosa Advanced Technologies Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Formosa Advanced Technologies Co Ltd (2003–2025)
The table below shows the annual net assets of Formosa Advanced Technologies Co Ltd from 2003 to 2025. For live valuation and market cap data, see 8131 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$12.25 Billion ≈ $385.85 Million |
+12.29% |
| 2024-12-31 | NT$10.91 Billion ≈ $343.63 Million |
-7.63% |
| 2023-12-31 | NT$11.81 Billion ≈ $371.99 Million |
-7.11% |
| 2022-12-31 | NT$12.71 Billion ≈ $400.48 Million |
+3.33% |
| 2021-12-31 | NT$12.30 Billion ≈ $387.58 Million |
+4.12% |
| 2020-12-31 | NT$11.82 Billion ≈ $372.24 Million |
+3.37% |
| 2019-12-31 | NT$11.43 Billion ≈ $360.11 Million |
+0.65% |
| 2018-12-31 | NT$11.36 Billion ≈ $357.79 Million |
+2.48% |
| 2017-12-31 | NT$11.08 Billion ≈ $349.13 Million |
+7.89% |
| 2016-12-31 | NT$10.27 Billion ≈ $323.58 Million |
+4.71% |
| 2015-12-31 | NT$9.81 Billion ≈ $309.04 Million |
+5.45% |
| 2014-12-31 | NT$9.30 Billion ≈ $293.06 Million |
+7.92% |
| 2013-12-31 | NT$8.62 Billion ≈ $271.56 Million |
-3.64% |
| 2012-12-31 | NT$8.95 Billion ≈ $281.83 Million |
-4.83% |
| 2011-12-31 | NT$9.40 Billion ≈ $296.12 Million |
-0.12% |
| 2010-12-31 | NT$9.41 Billion ≈ $296.49 Million |
+13.43% |
| 2009-12-31 | NT$8.30 Billion ≈ $261.37 Million |
+5.14% |
| 2008-12-31 | NT$7.89 Billion ≈ $248.59 Million |
-11.12% |
| 2007-12-31 | NT$8.88 Billion ≈ $279.68 Million |
+31.13% |
| 2006-12-31 | NT$6.77 Billion ≈ $213.28 Million |
+141.82% |
| 2005-12-31 | NT$2.80 Billion ≈ $88.20 Million |
+33.72% |
| 2004-12-31 | NT$2.09 Billion ≈ $65.96 Million |
+10.24% |
| 2003-12-31 | NT$1.90 Billion ≈ $59.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Formosa Advanced Technologies 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 191393400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.91 Billion | 15.63% |
| Common Stock | NT$4.42 Billion | 36.11% |
| Other Comprehensive Income | NT$5.91 Billion | 48.26% |
| Total Equity | NT$12.25 Billion | 100.00% |
Formosa Advanced Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Formosa Advanced Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cargojet Inc
TO:CJT
|
$847.17 Million |
|
JOST Werke AG
XETRA:JST
|
$847.36 Million |
|
Chongqing Gangjiu Co Ltd
SHG:600279
|
$847.54 Million |
|
Wangli Security & Surveillance Product Co. Ltd
SHG:605268
|
$847.70 Million |
|
Actblue Co Ltd
SHE:300816
|
$846.97 Million |
|
Grupo Posadas S.A.B. de C.V
MX:POSADASA
|
$846.73 Million |
|
Jiangsu Hanvo Safety Product Co. Ltd.
SHE:300952
|
$846.04 Million |
|
TotalEnergies EP Gabon S.A.
PA:EC
|
$846.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Formosa Advanced Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,906,927,000 to 12,247,132,000, a change of 1,340,205,000 (12.3%).
- Net income of 602,632,000 contributed positively to equity growth.
- Dividend payments of 641,123,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,910,976,000.
- Other factors decreased equity by 4,532,280,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$602.63 Million | +4.92% |
| Dividends Paid | NT$641.12 Million | -5.23% |
| Other Comprehensive Income | NT$5.91 Billion | +48.26% |
| Other Changes | NT$-4.53 Billion | -37.01% |
| Total Change | NT$- | 12.29% |
Book Value vs Market Value Analysis
This analysis compares Formosa Advanced Technologies 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: 2.20x
- 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 9.25x to 2.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$6.57 | NT$60.80 | x |
| 2005-12-31 | NT$8.79 | NT$60.80 | x |
| 2006-12-31 | NT$21.26 | NT$60.80 | x |
| 2007-12-31 | NT$21.03 | NT$60.80 | x |
| 2008-12-31 | NT$17.84 | NT$60.80 | x |
| 2009-12-31 | NT$18.76 | NT$60.80 | x |
| 2010-12-31 | NT$21.28 | NT$60.80 | x |
| 2011-12-31 | NT$21.25 | NT$60.80 | x |
| 2012-12-31 | NT$20.23 | NT$60.80 | x |
| 2013-12-31 | NT$19.49 | NT$60.80 | x |
| 2014-12-31 | NT$21.03 | NT$60.80 | x |
| 2015-12-31 | NT$22.10 | NT$60.80 | x |
| 2016-12-31 | NT$23.11 | NT$60.80 | x |
| 2017-12-31 | NT$24.97 | NT$60.80 | x |
| 2018-12-31 | NT$25.58 | NT$60.80 | x |
| 2019-12-31 | NT$25.78 | NT$60.80 | x |
| 2020-12-31 | NT$26.64 | NT$60.80 | x |
| 2021-12-31 | NT$27.74 | NT$60.80 | x |
| 2022-12-31 | NT$28.67 | NT$60.80 | x |
| 2023-12-31 | NT$26.68 | NT$60.80 | x |
| 2024-12-31 | NT$24.62 | NT$60.80 | x |
| 2025-12-31 | NT$27.67 | NT$60.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Formosa Advanced Technologies 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): 4.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.07%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.14x
- Recent ROE (4.92%) is below the historical average (11.03%), 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 | 10.07% | 9.36% | 0.49x | 2.20x | NT$1.28 Million |
| 2004 | 4.90% | 4.68% | 0.36x | 2.90x | NT$-106.77 Million |
| 2005 | 29.13% | 16.54% | 0.65x | 2.73x | NT$535.46 Million |
| 2006 | 17.78% | 18.71% | 0.62x | 1.54x | NT$526.78 Million |
| 2007 | 19.52% | 19.45% | 0.56x | 1.79x | NT$845.20 Million |
| 2008 | 12.85% | 9.97% | 0.67x | 1.92x | NT$225.22 Million |
| 2009 | 0.89% | 0.82% | 0.59x | 1.84x | NT$-755.88 Million |
| 2010 | 16.24% | 12.93% | 0.67x | 1.87x | NT$586.96 Million |
| 2011 | 12.66% | 10.03% | 0.73x | 1.72x | NT$250.02 Million |
| 2012 | 3.27% | 2.74% | 0.86x | 1.39x | NT$-602.22 Million |
| 2013 | 1.36% | 1.35% | 0.93x | 1.09x | NT$-745.02 Million |
| 2014 | 9.07% | 9.17% | 0.87x | 1.13x | NT$-86.54 Million |
| 2015 | 11.49% | 12.87% | 0.80x | 1.11x | NT$146.18 Million |
| 2016 | 9.96% | 12.04% | 0.75x | 1.11x | NT$-4.51 Million |
| 2017 | 12.57% | 17.66% | 0.65x | 1.10x | NT$284.94 Million |
| 2018 | 12.51% | 16.17% | 0.69x | 1.12x | NT$284.65 Million |
| 2019 | 11.05% | 13.35% | 0.71x | 1.16x | NT$119.49 Million |
| 2020 | 11.87% | 14.45% | 0.71x | 1.15x | NT$221.16 Million |
| 2021 | 12.66% | 15.67% | 0.70x | 1.16x | NT$326.81 Million |
| 2022 | 16.17% | 19.70% | 0.71x | 1.16x | NT$784.16 Million |
| 2023 | 4.49% | 6.93% | 0.58x | 1.12x | NT$-650.51 Million |
| 2024 | 8.25% | 10.08% | 0.71x | 1.15x | NT$-190.35 Million |
| 2025 | 4.92% | 6.07% | 0.71x | 1.14x | NT$-622.08 Million |
Industry Comparison
This section compares Formosa Advanced Technologies Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $202,930,058,900
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Formosa Advanced Technologies Co Ltd (8131) | NT$12.25 Billion | 10.07% | 0.14x | $847.09 Million |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $281.20 Billion | 18.22% | 0.65x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.61 Trillion | 21.92% | 0.40x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $24.66 Billion | 22.38% | 0.79x | $8.99 Billion |
| Optotech Corp (2340) | $7.08 Billion | 9.72% | 0.77x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $166.75 Million |
| Winbond Electronics Corp (2344) | $60.28 Billion | 5.50% | 0.10x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $7.70 Billion | -2.92% | 0.01x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.11 Billion | 17.61% | 0.86x | $8.72 Billion |
About Formosa Advanced Technologies Co Ltd
Formosa Advanced Technologies Co., Ltd., engages in the production and sales of molybdenum wafers in Taiwan, the United States, Korea, China, and internationally. It also provides wafer probing, IC assembly, testing, and module turnkey services, as well as LED back-end chip process services. The company was founded in 1980 and is headquartered in Douliu City, Taiwan.