BenQ Materials Corp (8215) - Net Assets
Based on the latest financial reports, BenQ Materials Corp (8215) has net assets worth NT$7.76 Billion TWD (≈ $244.35 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$23.05 Billion ≈ $726.26 Million USD) and total liabilities (NT$15.30 Billion ≈ $481.90 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 BenQ Materials Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$7.76 Billion |
| % of Total Assets | 33.65% |
| Annual Growth Rate | 3.65% |
| 5-Year Change | 92.39% |
| 10-Year Change | 80.26% |
| Growth Volatility | 26.34 |
BenQ Materials Corp - Net Assets Trend (2003–2024)
This chart illustrates how BenQ Materials Corp's net assets have evolved over time, based on quarterly financial data. Also explore BenQ Materials Corp total assets for the complete picture of this company's asset base.
Annual Net Assets for BenQ Materials Corp (2003–2024)
The table below shows the annual net assets of BenQ Materials Corp from 2003 to 2024. For live valuation and market cap data, see 8215 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$8.32 Billion ≈ $262.02 Million |
-5.02% |
| 2023-12-31 | NT$8.76 Billion ≈ $275.86 Million |
+40.08% |
| 2022-12-31 | NT$6.25 Billion ≈ $196.93 Million |
+21.22% |
| 2021-12-31 | NT$5.16 Billion ≈ $162.46 Million |
+19.29% |
| 2020-12-31 | NT$4.32 Billion ≈ $136.19 Million |
+4.64% |
| 2019-12-31 | NT$4.13 Billion ≈ $130.15 Million |
-1.27% |
| 2018-12-31 | NT$4.18 Billion ≈ $131.82 Million |
+1.29% |
| 2017-12-31 | NT$4.13 Billion ≈ $130.14 Million |
+13.71% |
| 2016-12-31 | NT$3.63 Billion ≈ $114.45 Million |
-21.26% |
| 2015-12-31 | NT$4.61 Billion ≈ $145.35 Million |
-0.13% |
| 2014-12-31 | NT$4.62 Billion ≈ $145.54 Million |
+33.22% |
| 2013-12-31 | NT$3.47 Billion ≈ $109.24 Million |
+74.70% |
| 2012-12-31 | NT$1.98 Billion ≈ $62.53 Million |
-35.83% |
| 2011-12-31 | NT$3.09 Billion ≈ $97.45 Million |
-20.71% |
| 2010-12-31 | NT$3.90 Billion ≈ $122.90 Million |
+38.41% |
| 2009-12-31 | NT$2.82 Billion ≈ $88.79 Million |
+5.11% |
| 2008-12-31 | NT$2.68 Billion ≈ $84.48 Million |
-25.84% |
| 2007-12-31 | NT$3.62 Billion ≈ $113.91 Million |
+26.18% |
| 2006-12-31 | NT$2.87 Billion ≈ $90.28 Million |
+9.75% |
| 2005-12-31 | NT$2.61 Billion ≈ $82.26 Million |
-33.14% |
| 2004-12-31 | NT$3.91 Billion ≈ $123.03 Million |
-0.25% |
| 2003-12-31 | NT$3.91 Billion ≈ $123.34 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to BenQ Materials 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 166.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.63 Billion | 28.50% |
| Common Stock | NT$3.21 Billion | 56.11% |
| Other Comprehensive Income | NT$686.38 Million | 12.01% |
| Other Components | NT$193.11 Million | 3.38% |
| Total Equity | NT$5.72 Billion | 100.00% |
BenQ Materials Corp Competitors by Market Cap
The table below lists competitors of BenQ Materials Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHINA KEPEI ED. DL-00001
F:9CK
|
$261.39 Million |
|
Veedol Corporation Limited
NSE:VEEDOL
|
$261.56 Million |
|
Dagang Nexchange Bhd
KLSE:4456
|
$261.87 Million |
|
Simulations Plus Inc
NASDAQ:SLP
|
$261.91 Million |
|
Seaport Entertainment Group Inc.
NYSE MKT:SEG
|
$261.07 Million |
|
Perma-Pipe International Holdings Inc
NASDAQ:PPIH
|
$261.03 Million |
|
TQM CORPORATION
BK:TQM-R
|
$260.95 Million |
|
Bera Holding AS
IS:BERA
|
$260.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BenQ Materials Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,796,230,000 to 5,715,254,000, a change of -80,976,000 (-1.4%).
- Net income of 199,206,000 contributed positively to equity growth.
- Dividend payments of 384,809,000 reduced retained earnings.
- Other comprehensive income increased equity by 169,403,000.
- Other factors decreased equity by 64,776,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$199.21 Million | +3.49% |
| Dividends Paid | NT$384.81 Million | -6.73% |
| Other Comprehensive Income | NT$169.40 Million | +2.96% |
| Other Changes | NT$-64.78 Million | -1.13% |
| Total Change | NT$- | -1.40% |
Book Value vs Market Value Analysis
This analysis compares BenQ Materials 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: 1.46x
- 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 2.65x to 1.46x 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$9.76 | NT$25.85 | x |
| 2010-12-31 | NT$12.38 | NT$25.85 | x |
| 2011-12-31 | NT$9.65 | NT$25.85 | x |
| 2012-12-31 | NT$6.19 | NT$25.85 | x |
| 2013-12-31 | NT$10.80 | NT$25.85 | x |
| 2014-12-31 | NT$14.22 | NT$25.85 | x |
| 2015-12-31 | NT$14.13 | NT$25.85 | x |
| 2016-12-31 | NT$11.33 | NT$25.85 | x |
| 2017-12-31 | NT$12.76 | NT$25.85 | x |
| 2018-12-31 | NT$12.77 | NT$25.85 | x |
| 2019-12-31 | NT$12.79 | NT$25.85 | x |
| 2020-12-31 | NT$13.38 | NT$25.85 | x |
| 2021-12-31 | NT$15.54 | NT$25.85 | x |
| 2022-12-31 | NT$18.53 | NT$25.85 | x |
| 2023-12-31 | NT$17.95 | NT$25.85 | x |
| 2024-12-31 | NT$17.76 | NT$25.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BenQ Materials 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): 3.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.07%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 3.96x
- Recent ROE (3.49%) is below the historical average (6.52%), 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 | 15.47% | 14.24% | 0.59x | 1.85x | NT$214.04 Million |
| 2004 | 6.84% | 6.08% | 0.50x | 2.23x | NT$-123.23 Million |
| 2006 | 8.54% | 2.34% | 0.93x | 3.90x | NT$-41.72 Million |
| 2007 | 20.14% | 4.83% | 1.36x | 3.06x | NT$366.68 Million |
| 2009 | 2.10% | 0.38% | 1.13x | 4.82x | NT$-212.47 Million |
| 2010 | 3.83% | 0.78% | 1.26x | 3.91x | NT$-227.24 Million |
| 2011 | -22.59% | -3.94% | 1.35x | 4.23x | NT$-1.01 Billion |
| 2012 | -54.60% | -7.27% | 1.18x | 6.36x | NT$-1.28 Billion |
| 2013 | 40.86% | 7.84% | 1.65x | 3.15x | NT$1.07 Billion |
| 2014 | 22.95% | 6.42% | 1.31x | 2.73x | NT$598.08 Million |
| 2015 | 10.97% | 3.46% | 1.29x | 2.45x | NT$44.57 Million |
| 2016 | -11.57% | -3.29% | 1.25x | 2.80x | NT$-783.50 Million |
| 2017 | 12.71% | 4.72% | 1.09x | 2.47x | NT$112.05 Million |
| 2018 | 7.96% | 2.57% | 1.23x | 2.51x | NT$-84.01 Million |
| 2019 | 6.22% | 1.84% | 1.35x | 2.50x | NT$-155.97 Million |
| 2020 | 9.16% | 2.63% | 1.36x | 2.56x | NT$-36.30 Million |
| 2021 | 19.26% | 5.89% | 1.32x | 2.48x | NT$467.22 Million |
| 2022 | 21.42% | 8.34% | 1.13x | 2.27x | NT$690.82 Million |
| 2023 | 7.15% | 2.42% | 0.83x | 3.55x | NT$-165.27 Million |
| 2024 | 3.49% | 1.07% | 0.82x | 3.96x | NT$-372.32 Million |
Industry Comparison
This section compares BenQ Materials Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $180,200,345,300
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BenQ Materials Corp (8215) | NT$7.76 Billion | 15.47% | 1.97x | $261.16 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $6.49 Billion | 0.00% | 1.01x | $1.78 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $27.35 Billion | 2.10% | 0.67x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.49 Billion | 6.90% | 0.48x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.10 Billion | 9.66% | 0.65x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.90 Billion | 3.31% | 0.21x | $642.50 Million |
About BenQ Materials Corp
BenQ Materials Corporation manufactures and sells film sheet products and medical equipment in China, Taiwan, Japan, the United States, and internationally. The company engages in the research and development, manufacturing, and sales of various electronic chemical membrane products. It also offers display tech and materials, including polarizer and optical films, touch panels materials, ultra-pr… Read more