Fulltech Fiber Glass
Fulltech Fiber Glass Corp., together with its subsidiaries, produces and sells fiberglass yarns and fabrics in Taiwan and China. The company operates through Fiberglass Yarn and Fiberglass Fabric segments. It also undertakes the general investment activities. The company's products are used in desktop and laptop computers, cellular phones, fiber glass fabrics, printed circuit boards, PDA, sailpla… Read more
Fulltech Fiber Glass (1815) - Net Assets
Latest net assets as of September 2025: NT$8.01 Billion TWD
Based on the latest financial reports, Fulltech Fiber Glass (1815) has net assets worth NT$8.01 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$16.29 Billion) and total liabilities (NT$8.28 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$8.01 Billion |
| % of Total Assets | 49.16% |
| Annual Growth Rate | 7.03% |
| 5-Year Change | 17.11% |
| 10-Year Change | 15.24% |
| Growth Volatility | 13.14 |
Fulltech Fiber Glass - Net Assets Trend (2009–2024)
This chart illustrates how Fulltech Fiber Glass's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fulltech Fiber Glass (2009–2024)
The table below shows the annual net assets of Fulltech Fiber Glass from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.75 Billion | +17.62% |
| 2023-12-31 | NT$6.59 Billion | -10.88% |
| 2022-12-31 | NT$7.39 Billion | -0.73% |
| 2021-12-31 | NT$7.45 Billion | +12.53% |
| 2020-12-31 | NT$6.62 Billion | -5.22% |
| 2019-12-31 | NT$6.98 Billion | -5.07% |
| 2018-12-31 | NT$7.36 Billion | -2.24% |
| 2017-12-31 | NT$7.52 Billion | +9.15% |
| 2016-12-31 | NT$6.89 Billion | +2.50% |
| 2015-12-31 | NT$6.73 Billion | +5.22% |
| 2014-12-31 | NT$6.39 Billion | -1.45% |
| 2013-12-31 | NT$6.49 Billion | +20.64% |
| 2012-12-31 | NT$5.38 Billion | +9.98% |
| 2011-12-31 | NT$4.89 Billion | +25.14% |
| 2010-12-31 | NT$3.91 Billion | +39.75% |
| 2009-12-31 | NT$2.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fulltech Fiber Glass'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 decreased by 38835300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$8.16 Billion | 105.21% |
| Total Equity | NT$7.75 Billion | 100.00% |
Fulltech Fiber Glass Competitors by Market Cap
The table below lists competitors of Fulltech Fiber Glass ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Boston Beer Company Inc
F:BBEA
|
$1.40 Billion |
|
Enlight Renewable Energy Ltd. Ordinary Shares
NASDAQ:ENLT
|
$1.40 Billion |
|
TIME Dotcom Bhd
KLSE:5031
|
$1.40 Billion |
|
Sila Realty Trust, Inc.
PINK:SILA
|
$1.40 Billion |
|
Shandong Shida Shenghua Chem
SHG:603026
|
$1.40 Billion |
|
Ypsomed Holding AG
PINK:YPHDF
|
$1.40 Billion |
|
National Bank Holdings Corporation
NYSE:NBHC
|
$1.40 Billion |
|
Liaoning Cheng Da Co Ltd
SHG:600739
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fulltech Fiber Glass's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,590,275,000 to 7,751,508,000, a change of 1,161,233,000 (17.6%).
- Net income of 62,886,000 contributed positively to equity growth.
- New share issuances of 920,523,000 increased equity.
- Other comprehensive income decreased equity by 1,763,138,000.
- Other factors increased equity by 1,940,962,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$62.89 Million | +0.81% |
| Share Issuances | NT$920.52 Million | +11.88% |
| Other Comprehensive Income | NT$-1.76 Billion | -22.75% |
| Other Changes | NT$1.94 Billion | +25.04% |
| Total Change | NT$- | 17.62% |
Book Value vs Market Value Analysis
This analysis compares Fulltech Fiber Glass'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: 7.24x
- 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 increased from 6.10x to 7.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$17.62 | NT$107.50 | x |
| 2018-12-31 | NT$17.19 | NT$107.50 | x |
| 2019-12-31 | NT$16.37 | NT$107.50 | x |
| 2020-12-31 | NT$15.84 | NT$107.50 | x |
| 2021-12-31 | NT$17.80 | NT$107.50 | x |
| 2022-12-31 | NT$16.75 | NT$107.50 | x |
| 2023-12-31 | NT$14.64 | NT$107.50 | x |
| 2024-12-31 | NT$14.85 | NT$107.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fulltech Fiber Glass utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.48%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.95x
- Recent ROE (0.81%) is above the historical average (0.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.47% | 10.11% | 0.36x | 1.78x | NT$-265.99 Million |
| 2018 | 5.56% | 8.09% | 0.35x | 1.97x | NT$-326.71 Million |
| 2019 | -1.43% | -2.23% | 0.29x | 2.20x | NT$-798.27 Million |
| 2020 | -7.24% | -13.98% | 0.24x | 2.18x | NT$-1.14 Billion |
| 2021 | 8.07% | 11.44% | 0.36x | 1.98x | NT$-143.52 Million |
| 2022 | 0.43% | 0.68% | 0.33x | 1.90x | NT$-707.94 Million |
| 2023 | -9.88% | -20.35% | 0.24x | 2.04x | NT$-1.31 Billion |
| 2024 | 0.81% | 1.48% | 0.28x | 1.95x | NT$-712.26 Million |
Industry Comparison
This section compares Fulltech Fiber Glass's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $29,700,816,000
- Average return on equity (ROE) among peers: 10.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fulltech Fiber Glass (1815) | NT$8.01 Billion | 6.47% | 1.03x | $1.40 Billion |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |