Solar Applied Materials Technology
Solar Applied Materials Technology Corporation manufactures, processes, recycles, refines, and trades sputtering for thin film materials, precious metal materials, precious metal materials and automotive chemicals in Taiwan, China, and internationally. It operates through: Solar, Solar (KunShan), and Others segments. It offers precious metal chemicals, including gold, potassium, silver cyanide, T… Read more
Solar Applied Materials Technology (1785) - Net Assets
Latest net assets as of September 2025: NT$13.71 Billion TWD
Based on the latest financial reports, Solar Applied Materials Technology (1785) has net assets worth NT$13.71 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$32.26 Billion) and total liabilities (NT$18.55 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$13.71 Billion |
| % of Total Assets | 42.51% |
| Annual Growth Rate | 9.38% |
| 5-Year Change | 67.96% |
| 10-Year Change | 80.26% |
| Growth Volatility | 34.25 |
Solar Applied Materials Technology - Net Assets Trend (2006–2024)
This chart illustrates how Solar Applied Materials Technology's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Solar Applied Materials Technology (2006–2024)
The table below shows the annual net assets of Solar Applied Materials Technology from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$14.29 Billion | +10.00% |
| 2023-12-31 | NT$12.99 Billion | -1.63% |
| 2022-12-31 | NT$13.20 Billion | +6.15% |
| 2021-12-31 | NT$12.44 Billion | +46.22% |
| 2020-12-31 | NT$8.51 Billion | +6.34% |
| 2019-12-31 | NT$8.00 Billion | +54.72% |
| 2018-12-31 | NT$5.17 Billion | +12.77% |
| 2017-12-31 | NT$4.58 Billion | +14.75% |
| 2016-12-31 | NT$4.00 Billion | -49.59% |
| 2015-12-31 | NT$7.93 Billion | -17.24% |
| 2014-12-31 | NT$9.58 Billion | +1.66% |
| 2013-12-31 | NT$9.42 Billion | -3.75% |
| 2012-12-31 | NT$9.79 Billion | +4.74% |
| 2011-12-31 | NT$9.35 Billion | +6.25% |
| 2010-12-31 | NT$8.80 Billion | +12.74% |
| 2009-12-31 | NT$7.80 Billion | +15.83% |
| 2008-12-31 | NT$6.74 Billion | +5.29% |
| 2007-12-31 | NT$6.40 Billion | +125.00% |
| 2006-12-31 | NT$2.84 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solar Applied Materials Technology'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 343.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.49 Billion | 24.44% |
| Other Components | NT$10.78 Billion | 75.56% |
| Total Equity | NT$14.27 Billion | 100.00% |
Solar Applied Materials Technology Competitors by Market Cap
The table below lists competitors of Solar Applied Materials Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai New Vision Microelectronics Co. Ltd. A
SHG:688593
|
$1.07 Billion |
|
The Tel-Aviv Stock Exchange Ltd
OTCGREY:TVAVF
|
$1.07 Billion |
|
ECOPRO MAT
KO:450080
|
$1.07 Billion |
|
TriNet Group Inc
NYSE:TNET
|
$1.07 Billion |
|
MNYFF
PINK:MNYFF
|
$1.07 Billion |
|
Shanghai Haixin Group Co Ltd A
SHG:600851
|
$1.07 Billion |
|
IOI Properties Group Bhd
KLSE:5249
|
$1.07 Billion |
|
SPIC Dongfang New Energy Corp
SHE:000958
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solar Applied Materials Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,946,630,000 to 14,266,307,000, a change of 1,319,677,000 (10.2%).
- Net income of 1,903,388,000 contributed positively to equity growth.
- Dividend payments of 715,490,000 reduced retained earnings.
- Other comprehensive income decreased equity by 579,486,000.
- Other factors increased equity by 714,135,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.90 Billion | +13.34% |
| Dividends Paid | NT$715.49 Million | -5.02% |
| Other Comprehensive Income | NT$-579.49 Million | -4.06% |
| Other Changes | NT$714.13 Million | +5.01% |
| Total Change | NT$- | 10.19% |
Book Value vs Market Value Analysis
This analysis compares Solar Applied Materials Technology'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: 3.43x
- 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 7.42x to 3.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$11.04 | NT$82.00 | x |
| 2018-12-31 | NT$12.18 | NT$82.00 | x |
| 2019-12-31 | NT$15.26 | NT$82.00 | x |
| 2020-12-31 | NT$16.08 | NT$82.00 | x |
| 2021-12-31 | NT$20.47 | NT$82.00 | x |
| 2022-12-31 | NT$21.42 | NT$82.00 | x |
| 2023-12-31 | NT$21.71 | NT$82.00 | x |
| 2024-12-31 | NT$23.93 | NT$82.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solar Applied Materials Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.34%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.39%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 2.19x
- Recent ROE (13.34%) is above the historical average (7.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -12.68% | -1.92% | 1.31x | 5.02x | NT$-868.21 Million |
| 2017 | 2.60% | 0.73% | 0.83x | 4.31x | NT$-327.26 Million |
| 2018 | 7.80% | 1.86% | 1.05x | 3.98x | NT$-109.68 Million |
| 2019 | 13.32% | 4.73% | 1.03x | 2.73x | NT$258.67 Million |
| 2020 | 10.26% | 3.16% | 1.25x | 2.59x | NT$21.34 Million |
| 2021 | 10.37% | 4.01% | 1.23x | 2.10x | NT$44.26 Million |
| 2022 | 10.86% | 5.39% | 0.97x | 2.08x | NT$110.37 Million |
| 2023 | 8.38% | 4.79% | 0.86x | 2.04x | NT$-209.72 Million |
| 2024 | 13.34% | 6.39% | 0.95x | 2.19x | NT$476.76 Million |
Industry Comparison
This section compares Solar Applied Materials Technology's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,099,206,111
- Average return on equity (ROE) among peers: 2.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solar Applied Materials Technology (1785) | NT$13.71 Billion | -12.68% | 1.35x | $1.07 Billion |
| Sun Rise E&T Corporation (1343) | $412.47 Million | 0.73% | 0.69x | $22.15 Million |
| Lee Chi Enterprises Co Ltd (1517) | $2.41 Billion | 6.15% | 0.28x | $48.28 Million |
| China Metal Products Co Ltd (1532) | $3.84 Billion | 19.44% | 3.50x | $161.98 Million |
| Bin Chuan Enterprise Co Ltd (1569) | $3.24 Billion | 12.17% | 1.18x | $144.71 Million |
| China Fineblanking Technology Co Ltd (1586) | $1.54 Billion | 2.80% | 1.77x | $49.06 Million |
| Yeong Guan Energy Technology Group Co Ltd (1589) | $2.60 Billion | 3.01% | 1.48x | $15.38 Million |
| Chia Yi Steel Co Ltd (2067) | $296.62 Million | -41.63% | 5.31x | $4.93 Million |
| CX Technology Corp (2415) | $1.78 Billion | 10.39% | 1.04x | $47.22 Million |
| Catcher Technology Co Ltd (2474) | $2.77 Billion | 10.99% | 0.15x | $2.91 Billion |