WIN Semiconductors Net Assets
WIN Semiconductors net assets. Based on the latest financial reports, WIN Semiconductors (3105) has net assets worth NT$44.25 Billion TWD (≈ $1.39 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$63.49 Billion ≈ $2.00 Billion USD) and total liabilities (NT$19.24 Billion ≈ $606.25 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. Also explore 3105 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$44.25 Billion |
| % of Total Assets | 69.69% |
| Annual Growth Rate | 11.98% |
| 5-Year Change | 13.12% |
| 10-Year Change | 129.23% |
| Growth Volatility | 13.76 |
Net Assets of WIN Semiconductors (2009–2025)
Net assets of WIN Semiconductors from 2009 to 2025. This chart illustrates how WIN Semiconductors's net assets have evolved over time, based on quarterly financial data. See WIN Semiconductors balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for WIN Semiconductors (2009–2025)
The table below shows the annual net assets of WIN Semiconductors from 2009 to 2025. For live market cap and overall valuation, see WIN Semiconductors market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$41.99 Billion ≈ $1.32 Billion |
+7.29% |
| 2024-12-31 | NT$39.14 Billion ≈ $1.23 Billion |
+10.72% |
| 2023-12-31 | NT$35.35 Billion ≈ $1.11 Billion |
+0.45% |
| 2022-12-31 | NT$35.19 Billion ≈ $1.11 Billion |
-5.21% |
| 2021-12-31 | NT$37.12 Billion ≈ $1.17 Billion |
+3.89% |
| 2020-12-31 | NT$35.73 Billion ≈ $1.13 Billion |
+19.74% |
| 2019-12-31 | NT$29.84 Billion ≈ $940.11 Million |
+16.54% |
| 2018-12-31 | NT$25.60 Billion ≈ $806.68 Million |
-0.78% |
| 2017-12-31 | NT$25.80 Billion ≈ $812.99 Million |
+40.87% |
| 2016-12-31 | NT$18.32 Billion ≈ $577.11 Million |
+6.44% |
| 2015-12-31 | NT$17.21 Billion ≈ $542.18 Million |
+7.96% |
| 2014-12-31 | NT$15.94 Billion ≈ $502.19 Million |
+7.04% |
| 2013-12-31 | NT$14.89 Billion ≈ $469.17 Million |
+3.23% |
| 2012-12-31 | NT$14.43 Billion ≈ $454.47 Million |
+43.60% |
| 2011-12-31 | NT$10.05 Billion ≈ $316.48 Million |
+13.20% |
| 2010-12-31 | NT$8.87 Billion ≈ $279.58 Million |
+29.15% |
| 2009-12-31 | NT$6.87 Billion ≈ $216.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WIN Semiconductors'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 1967000900000.0% over the analyzed period, indicating profitable operations and earnings retention.
WIN Semiconductors Net Assets Breakdown (December 2025)
WIN Semiconductors net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$19.27 Billion | 46.38% |
| Other Components | NT$22.28 Billion | 53.62% |
| Total Equity | NT$41.55 Billion | 100.00% |
WIN Semiconductors Competitors by Market Cap
The table below lists competitors of WIN Semiconductors ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shaily Engineering Plastics Limited
NSE:SHAILY
|
$1.50 Billion |
|
Beijing Caishikou Department Store Co Ltd
SHG:605599
|
$1.50 Billion |
|
Shiny Chemical Industrial Co Ltd
TW:1773
|
$1.50 Billion |
|
Immunocore Holdings Ltd
NASDAQ:IMCR
|
$1.50 Billion |
|
Jungfraubahn Holding AG
SW:JFN
|
$1.50 Billion |
|
Ocean’s King Lighting Science & Technology Co Ltd
SHE:002724
|
$1.50 Billion |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE3
|
$1.50 Billion |
|
China Camc Engineering Co Ltd
SHE:002051
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WIN Semiconductors's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,118,104,000 to 41,545,262,000, a change of 3,427,158,000 (9.0%).
- Net income of 1,693,801,000 contributed positively to equity growth.
- Dividend payments of 423,940,000 reduced retained earnings.
- Other factors increased equity by 2,157,297,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.69 Billion | +4.08% |
| Dividends Paid | NT$423.94 Million | -1.02% |
| Other Changes | NT$2.16 Billion | +5.19% |
| Total Change | NT$- | 8.99% |
Book Value vs Market Value Analysis
This analysis compares WIN Semiconductors'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: 6.00x
- 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 35.45x to 6.00x 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$16.59 | NT$588.00 | x |
| 2010-12-31 | NT$20.88 | NT$588.00 | x |
| 2011-12-31 | NT$22.53 | NT$588.00 | x |
| 2012-12-31 | NT$30.29 | NT$588.00 | x |
| 2013-12-31 | NT$28.03 | NT$588.00 | x |
| 2014-12-31 | NT$30.56 | NT$588.00 | x |
| 2015-12-31 | NT$25.35 | NT$588.00 | x |
| 2016-12-31 | NT$33.95 | NT$588.00 | x |
| 2017-12-31 | NT$63.18 | NT$588.00 | x |
| 2018-12-31 | NT$59.71 | NT$588.00 | x |
| 2019-12-31 | NT$69.79 | NT$588.00 | x |
| 2020-12-31 | NT$80.04 | NT$588.00 | x |
| 2021-12-31 | NT$77.12 | NT$588.00 | x |
| 2022-12-31 | NT$78.36 | NT$588.00 | x |
| 2023-12-31 | NT$77.09 | NT$588.00 | x |
| 2024-12-31 | NT$89.91 | NT$588.00 | x |
| 2025-12-31 | NT$98.00 | NT$588.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WIN Semiconductors utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.18%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.46x
- Recent ROE (4.08%) is below the historical average (11.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 8.14% | 11.68% | 0.41x | 1.69x | NT$-127.68 Million |
| 2010 | 19.26% | 24.48% | 0.47x | 1.68x | NT$821.89 Million |
| 2011 | 12.73% | 14.36% | 0.48x | 1.85x | NT$274.10 Million |
| 2012 | 11.42% | 14.66% | 0.48x | 1.64x | NT$205.03 Million |
| 2013 | 12.16% | 17.28% | 0.50x | 1.42x | NT$322.35 Million |
| 2014 | 12.32% | 19.81% | 0.45x | 1.37x | NT$369.50 Million |
| 2015 | 15.52% | 22.23% | 0.50x | 1.40x | NT$950.72 Million |
| 2016 | 17.66% | 22.85% | 0.52x | 1.50x | NT$1.35 Billion |
| 2017 | 14.72% | 22.03% | 0.46x | 1.45x | NT$1.21 Billion |
| 2018 | 12.31% | 18.05% | 0.49x | 1.40x | NT$586.48 Million |
| 2019 | 15.09% | 20.93% | 0.51x | 1.42x | NT$1.51 Billion |
| 2020 | 19.16% | 25.56% | 0.47x | 1.61x | NT$3.12 Billion |
| 2021 | 15.61% | 20.83% | 0.35x | 2.14x | NT$1.96 Billion |
| 2022 | 4.24% | 7.71% | 0.27x | 2.07x | NT$-1.92 Billion |
| 2023 | -1.64% | -3.52% | 0.23x | 2.04x | NT$-3.95 Billion |
| 2024 | 2.02% | 4.40% | 0.27x | 1.69x | NT$-3.04 Billion |
| 2025 | 4.08% | 10.18% | 0.27x | 1.46x | NT$-2.46 Billion |
Industry Comparison
This section compares WIN Semiconductors's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $141,043,143,700
- Average return on equity (ROE) among peers: 6.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WIN Semiconductors (3105) | NT$44.25 Billion | 8.14% | 0.43x | $1.50 Billion |
| Polylite Taiwan Co Ltd (1813) | $1.01 Billion | 0.21% | 0.31x | $15.87 Million |
| United Microelectronics Corporation (2303) | $243.01 Billion | 6.98% | 0.23x | $43.56 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.12 Billion | -32.07% | 2.87x | $831.46 Million |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.02 Trillion | 24.87% | 0.46x | $1.90 Trillion |
| Macronix International Co Ltd (2337) | $36.41 Billion | 12.78% | 0.24x | $6.00 Billion |
| Optotech Corp (2340) | $7.69 Billion | 7.48% | 0.38x | $576.64 Million |
| Mosel Vitelic Inc (2342) | $14.57 Billion | 6.54% | 0.60x | $193.06 Million |
| Winbond Electronics Corp (2344) | $63.86 Billion | 1.97% | 0.64x | $22.97 Billion |
| Silicon Integrated Systems Corp (2363) | $12.28 Billion | 1.16% | 0.05x | $824.23 Million |
| Realtek Semiconductor Corp (2379) | $5.13 Billion | 32.96% | 0.38x | $12.68 Billion |
About WIN Semiconductors
WIN Semiconductors Corp., together with its subsidiaries, engages in the research and development, manufacturing, marketing, and sales of gallium arsenide (GaAs) wafers in Taiwan, Asia, the United States, and Europe. It offers GaAs monolithic microwave ICs (MMIC) and radio frequency ICs, as well as develops and trades in hog farming technology. The company also provides foundry services, testing … Read more