Ultra Chip (3141) - Net Assets
Based on the latest financial reports, Ultra Chip (3141) has net assets worth NT$2.58 Billion TWD (≈ $81.33 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.87 Billion ≈ $121.78 Million USD) and total liabilities (NT$1.28 Billion ≈ $40.45 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. Check 3141 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.58 Billion |
| % of Total Assets | 66.79% |
| Annual Growth Rate | 12.39% |
| 5-Year Change | 15.03% |
| 10-Year Change | N/A |
| Growth Volatility | 26.13 |
Ultra Chip - Net Assets Trend (2017–2025)
This chart illustrates how Ultra Chip's net assets have evolved over time, based on quarterly financial data. Also explore Ultra Chip total assets for the complete picture of this company's asset base.
Annual Net Assets for Ultra Chip (2017–2025)
The table below shows the annual net assets of Ultra Chip from 2017 to 2025. For live valuation and market cap data, see market value of Ultra Chip.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.58 Billion ≈ $81.33 Million |
-0.60% |
| 2024-12-31 | NT$2.60 Billion ≈ $81.82 Million |
+8.60% |
| 2023-12-31 | NT$2.39 Billion ≈ $75.34 Million |
-3.69% |
| 2022-12-31 | NT$2.48 Billion ≈ $78.23 Million |
+10.64% |
| 2021-12-31 | NT$2.24 Billion ≈ $70.71 Million |
+81.84% |
| 2020-12-31 | NT$1.23 Billion ≈ $38.89 Million |
+12.51% |
| 2019-12-31 | NT$1.10 Billion ≈ $34.56 Million |
-3.05% |
| 2018-12-31 | NT$1.13 Billion ≈ $35.65 Million |
+11.58% |
| 2017-12-31 | NT$1.01 Billion ≈ $31.95 Million |
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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 234.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.11 Billion | 44.44% |
| Other Components | NT$1.39 Billion | 55.56% |
| Total Equity | NT$2.50 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 |
|---|---|
|
Dinhvu Port Investment Development JSC
VN:DVP
|
$112.16 Million |
|
Bank Victoria International
JK:BVIC
|
$112.19 Million |
|
Trigg Minerals Ltd
AU:TMG
|
$112.23 Million |
|
Mammoth Energy Services Inc
NASDAQ:TUSK
|
$112.29 Million |
|
KPS Corporation
KQ:256940
|
$112.12 Million |
|
YTN Co.Ltd
KQ:040300
|
$112.12 Million |
|
Sunfon Construction Co Ltd
TWO:5514
|
$112.10 Million |
|
GR Silver Mining Ltd
V:GRSL
|
$112.09 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 2024 to 2025, total equity changed from 2,478,882,000 to 2,496,250,000, a change of 17,368,000 (0.7%).
- Net income of 39,955,000 contributed positively to equity growth.
- Dividend payments of 38,000,000 reduced retained earnings.
- Share repurchases of 62,495,000 reduced equity.
- New share issuances of 10,090,000 increased equity.
- Other factors increased equity by 67,818,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$39.95 Million | +1.6% |
| Dividends Paid | NT$38.00 Million | -1.52% |
| Share Repurchases | NT$62.49 Million | -2.5% |
| Share Issuances | NT$10.09 Million | +0.4% |
| Other Changes | NT$67.82 Million | +2.72% |
| Total Change | NT$- | 0.70% |
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: 1.43x
- 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 3.07x to 1.43x 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$15.58 | NT$47.85 | x |
| 2018-12-31 | NT$17.41 | NT$47.85 | x |
| 2019-12-31 | NT$16.74 | NT$47.85 | x |
| 2020-12-31 | NT$17.97 | NT$47.85 | x |
| 2021-12-31 | NT$30.35 | NT$47.85 | x |
| 2022-12-31 | NT$32.97 | NT$47.85 | x |
| 2023-12-31 | NT$31.52 | NT$47.85 | x |
| 2024-12-31 | NT$33.05 | NT$47.85 | x |
| 2025-12-31 | NT$33.56 | NT$47.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ultra Chip utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.48%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.55x
- Recent ROE (1.60%) is below the historical average (11.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.91% | 7.49% | 0.95x | 1.25x | NT$-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$-160.87 Million |
| 2025 | 1.60% | 2.48% | 0.42x | 1.55x | NT$-209.67 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: $202,930,058,900
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ultra Chip (3141) | NT$2.58 Billion | 8.91% | 0.50x | $112.14 Million |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $281.20 Billion | 18.22% | 0.65x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.61 Trillion | 21.92% | 0.40x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $24.66 Billion | 22.38% | 0.79x | $8.99 Billion |
| Optotech Corp (2340) | $7.08 Billion | 9.72% | 0.77x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $166.75 Million |
| Winbond Electronics Corp (2344) | $60.28 Billion | 5.50% | 0.10x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $7.70 Billion | -2.92% | 0.01x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.11 Billion | 17.61% | 0.86x | $8.72 Billion |
About 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, POS, low-power computers/bracelets, voice recorders, and handheld devices; audio equipment, central control instrument, driving computer, mileage, air conditioning control, head-up display; one-way meters, three-w… Read more