Grand Plastic Technology Net Assets
Grand Plastic Technology net assets. Based on the latest financial reports, Grand Plastic Technology (3131) has net assets worth NT$3.19 Billion TWD (≈ $100.40 Million 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$15.36 Billion ≈ $483.82 Million USD) and total liabilities (NT$12.17 Billion ≈ $383.42 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 Grand Plastic Technology annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.19 Billion |
| % of Total Assets | 20.75% |
| Annual Growth Rate | 9.41% |
| 5-Year Change | 50.93% |
| 10-Year Change | N/A |
| Growth Volatility | 12.53 |
Net Assets of Grand Plastic Technology (2017–2025)
Net assets of Grand Plastic Technology from 2017 to 2025. This chart illustrates how Grand Plastic Technology's net assets have evolved over time, based on quarterly financial data. See 3131 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Grand Plastic Technology (2017–2025)
The table below shows the annual net assets of Grand Plastic Technology from 2017 to 2025. For live market cap and overall valuation, see Grand Plastic Technology market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.77 Billion ≈ $150.27 Million |
+4.28% |
| 2024-12-31 | NT$4.57 Billion ≈ $144.11 Million |
+23.13% |
| 2023-12-31 | NT$3.71 Billion ≈ $117.04 Million |
+9.08% |
| 2022-12-31 | NT$3.41 Billion ≈ $107.29 Million |
+7.76% |
| 2021-12-31 | NT$3.16 Billion ≈ $99.56 Million |
+7.57% |
| 2020-12-31 | NT$2.94 Billion ≈ $92.56 Million |
+5.69% |
| 2019-12-31 | NT$2.78 Billion ≈ $87.58 Million |
+34.22% |
| 2018-12-31 | NT$2.07 Billion ≈ $65.25 Million |
-10.82% |
| 2017-12-31 | NT$2.32 Billion ≈ $73.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grand Plastic 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 135.4% over the analyzed period, indicating profitable operations and earnings retention.
Grand Plastic Technology Net Assets Breakdown (December 2025)
Grand Plastic Technology net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.47 Billion | 52.16% |
| Other Components | NT$2.27 Billion | 47.84% |
| Total Equity | NT$4.74 Billion | 100.00% |
Grand Plastic Technology Competitors by Market Cap
The table below lists competitors of Grand Plastic Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PHARVARIS N.V. EO -12
F:9EN
|
$1.67 Billion |
|
SBT Ultrasonic Technology Co. Ltd. A
SHG:688392
|
$1.67 Billion |
|
Pebblebrook Hotel Trust
NYSE:PEB
|
$1.67 Billion |
|
Ruentex Engineering & Construction Co Ltd
TW:2597
|
$1.67 Billion |
|
Polaris Bay Group Co Ltd
SHG:600155
|
$1.67 Billion |
|
National Bank Holdings Corporation
NYSE:NBHC
|
$1.67 Billion |
|
Nuvation Bio Inc
NYSE:NUVB
|
$1.67 Billion |
|
CSC Financial Co. Ltd
F:CS0
|
$1.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Plastic Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,539,816,000 to 4,737,853,000, a change of 198,037,000 (4.4%).
- Net income of 1,327,396,000 contributed positively to equity growth.
- Dividend payments of 642,753,000 reduced retained earnings.
- Share repurchases of 757,077,000 reduced equity.
- Other factors increased equity by 270,471,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.33 Billion | +28.02% |
| Dividends Paid | NT$642.75 Million | -13.57% |
| Share Repurchases | NT$757.08 Million | -15.98% |
| Other Changes | NT$270.47 Million | +5.71% |
| Total Change | NT$- | 4.36% |
Book Value vs Market Value Analysis
This analysis compares Grand Plastic 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: 11.59x
- 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 19.98x to 11.59x 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$94.08 | NT$1880.00 | x |
| 2018-12-31 | NT$82.47 | NT$1880.00 | x |
| 2019-12-31 | NT$96.28 | NT$1880.00 | x |
| 2020-12-31 | NT$101.87 | NT$1880.00 | x |
| 2021-12-31 | NT$109.64 | NT$1880.00 | x |
| 2022-12-31 | NT$118.11 | NT$1880.00 | x |
| 2023-12-31 | NT$128.54 | NT$1880.00 | x |
| 2024-12-31 | NT$155.39 | NT$1880.00 | x |
| 2025-12-31 | NT$162.17 | NT$1880.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Plastic 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): 28.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.38%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.73x
- Recent ROE (28.02%) is above the historical average (17.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 16.18% | 17.73% | 0.50x | 1.81x | NT$143.45 Million |
| 2018 | 13.69% | 18.77% | 0.37x | 1.99x | NT$75.10 Million |
| 2019 | 11.29% | 15.04% | 0.42x | 1.78x | NT$35.38 Million |
| 2020 | 13.66% | 15.95% | 0.46x | 1.87x | NT$106.32 Million |
| 2021 | 21.41% | 18.30% | 0.59x | 1.97x | NT$356.82 Million |
| 2022 | 21.44% | 19.39% | 0.54x | 2.05x | NT$385.25 Million |
| 2023 | 16.74% | 17.39% | 0.46x | 2.09x | NT$248.24 Million |
| 2024 | 18.62% | 20.75% | 0.39x | 2.28x | NT$391.47 Million |
| 2025 | 28.02% | 20.38% | 0.50x | 2.73x | NT$853.61 Million |
Industry Comparison
This section compares Grand Plastic Technology's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $3,748,968,600
- Average return on equity (ROE) among peers: 8.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Plastic Technology (3131) | NT$3.19 Billion | 16.18% | 3.82x | $1.67 Billion |
| Rectron Ltd (2302) | $2.97 Billion | 0.00% | 0.39x | $214.82 Million |
| Taiwan Mask Corp (2338) | $2.48 Billion | -2.99% | 0.25x | $384.47 Million |
| SDI Corp (2351) | $6.02 Billion | 13.76% | 0.89x | $1.05 Billion |
| Lingsen Precision Industries Ltd (2369) | $4.67 Billion | 8.06% | 0.32x | $321.47 Million |
| Greatek Electronics Inc (2441) | $4.55 Billion | 20.38% | 0.55x | $1.91 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $2.83 Billion | 18.17% | 0.53x | $2.60 Billion |
| Pan Jit International Inc (2481) | $3.20 Billion | 7.83% | 1.99x | $1.68 Billion |
| Ampoc Far-East Co Ltd (2493) | $1.90 Billion | 6.73% | 0.42x | $968.91 Million |
| Episil-Precision Inc (3016) | $4.90 Billion | 3.35% | 0.39x | $1.14 Billion |
| Zenitron Corp (3028) | $3.97 Billion | 12.16% | 1.44x | $490.02 Million |
About Grand Plastic Technology
Grand Process Technology Corporation manufactures and sells semiconductor equipment in Taiwan. The company offers single wafer spin processor, batch type wet bench system, and combo system for advanced IC packaging, IC front end of line, and optoelectronics applications. Grand Process Technology Corporation was founded in 1993 and is headquartered in Hsinchu City, Taiwan.