Ultra Chip
Ultra Chip, Inc. engages in the design and sales of mobile display driver IC products in Taiwan, Asia, Europe, and internationally. It offers professional display products, such as MP3, U-Key, POS machines, low-power cell phones, mobile phone service markets, handheld devices, and wearable devices; audio equipment, dashboard displays, trip computers, mileage meters, air conditioning control, and … Read more
Ultra Chip (3141) - Net Assets
Latest net assets as of June 2025: NT$2.52 Billion TWD
Based on the latest financial reports, Ultra Chip (3141) has net assets worth NT$2.52 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.90 Billion) and total liabilities (NT$1.38 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$2.52 Billion |
| % of Total Assets | 64.5% |
| Annual Growth Rate | 14.38% |
| 5-Year Change | 110.42% |
| 10-Year Change | N/A |
| Growth Volatility | 27.24 |
Ultra Chip - Net Assets Trend (2017–2024)
This chart illustrates how Ultra Chip's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ultra Chip (2017–2024)
The table below shows the annual net assets of Ultra Chip from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.60 Billion | +8.60% |
| 2023-12-31 | NT$2.39 Billion | -3.69% |
| 2022-12-31 | NT$2.48 Billion | +10.64% |
| 2021-12-31 | NT$2.24 Billion | +81.84% |
| 2020-12-31 | NT$1.23 Billion | +12.51% |
| 2019-12-31 | NT$1.10 Billion | -3.05% |
| 2018-12-31 | NT$1.13 Billion | +11.58% |
| 2017-12-31 | NT$1.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ultra Chip'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 225.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.08 Billion | 43.46% |
| Other Components | NT$1.40 Billion | 56.54% |
| Total Equity | NT$2.48 Billion | 100.00% |
Ultra Chip Competitors by Market Cap
The table below lists competitors of Ultra Chip ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Re Max Holding
NYSE:RMAX
|
$94.63 Million |
|
MCI Management SA
WAR:MCI
|
$94.64 Million |
|
JFB Construction Holdings Class A Common Stock
NASDAQ:JFB
|
$94.71 Million |
|
Plby Group Inc
NASDAQ:PLBY
|
$94.73 Million |
|
United Overseas Insurance Limited
F:IZB
|
$94.57 Million |
|
Pasifik Donanım ve Yazılım Bilgi Tek As
IS:PATEK
|
$94.53 Million |
|
OPTIMIZERx Corp
NASDAQ:OPRX
|
$94.52 Million |
|
STEICO SE
XETRA:ST5
|
$94.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ultra Chip's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,361,723,000 to 2,478,882,000, a change of 117,159,000 (5.0%).
- Net income of 87,023,000 contributed positively to equity growth.
- Dividend payments of 38,000,000 reduced retained earnings.
- New share issuances of 3,148,000 increased equity.
- Other factors increased equity by 64,988,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$87.02 Million | +3.51% |
| Dividends Paid | NT$38.00 Million | -1.53% |
| Share Issuances | NT$3.15 Million | +0.13% |
| Other Changes | NT$64.99 Million | +2.62% |
| Total Change | NT$- | 4.96% |
Book Value vs Market Value Analysis
This analysis compares Ultra Chip'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: 1.35x
- 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 2.87x to 1.35x 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$15.58 | NT$44.70 | x |
| 2018-12-31 | NT$17.41 | NT$44.70 | x |
| 2019-12-31 | NT$16.74 | NT$44.70 | x |
| 2020-12-31 | NT$17.97 | NT$44.70 | x |
| 2021-12-31 | NT$30.35 | NT$44.70 | x |
| 2022-12-31 | NT$32.97 | NT$44.70 | x |
| 2023-12-31 | NT$31.52 | NT$44.70 | x |
| 2024-12-31 | NT$33.05 | NT$44.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ultra Chip utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.77%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.56x
- Recent ROE (3.51%) is below the historical average (12.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.91% | 7.49% | 0.95x | 1.25x | NT$-11.01 Million |
| 2018 | 15.64% | 13.67% | 0.91x | 1.26x | NT$63.83 Million |
| 2019 | 7.12% | 6.53% | 0.90x | 1.21x | NT$-31.59 Million |
| 2020 | 9.64% | 8.46% | 0.66x | 1.74x | NT$-4.21 Million |
| 2021 | 30.77% | 25.20% | 0.64x | 1.92x | NT$457.24 Million |
| 2022 | 20.95% | 20.56% | 0.61x | 1.68x | NT$270.34 Million |
| 2023 | 3.56% | 4.54% | 0.55x | 1.42x | NT$-152.00 Million |
| 2024 | 3.51% | 5.77% | 0.39x | 1.56x | NT$-160.87 Million |
Industry Comparison
This section compares Ultra Chip's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ultra Chip (3141) | NT$2.52 Billion | 8.91% | 0.55x | $94.60 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |