Winstek Semiconductor Co Ltd
Winstek Semiconductor Co., Ltd., together with its subsidiaries, engages in the testing of integrated circuits and chip bumping and wafer packaging services in Taiwan. It operates in three segments: Test Business, Packaging Business, and Factory Development. The company offers test services, such as wafer sort, final and post-test, engineering support, and test platforms services; and bump servic… Read more
Winstek Semiconductor Co Ltd (3265) - Net Assets
Latest net assets as of June 2025: NT$5.72 Billion TWD
Based on the latest financial reports, Winstek Semiconductor Co Ltd (3265) has net assets worth NT$5.72 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$8.54 Billion) and total liabilities (NT$2.83 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$5.72 Billion |
| % of Total Assets | 66.9% |
| Annual Growth Rate | 5.72% |
| 5-Year Change | 34.56% |
| 10-Year Change | N/A |
| Growth Volatility | 6.61 |
Winstek Semiconductor Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Winstek Semiconductor Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Winstek Semiconductor Co Ltd (2017–2024)
The table below shows the annual net assets of Winstek Semiconductor Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.36 Billion | +6.17% |
| 2023-12-31 | NT$5.99 Billion | +2.40% |
| 2022-12-31 | NT$5.85 Billion | +20.06% |
| 2021-12-31 | NT$4.88 Billion | +3.10% |
| 2020-12-31 | NT$4.73 Billion | -3.26% |
| 2019-12-31 | NT$4.89 Billion | +6.88% |
| 2018-12-31 | NT$4.57 Billion | +6.13% |
| 2017-12-31 | NT$4.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Winstek Semiconductor Co Ltd'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 31.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.47 Billion | 54.54% |
| Other Components | NT$2.89 Billion | 45.46% |
| Total Equity | NT$6.36 Billion | 100.00% |
Winstek Semiconductor Co Ltd Competitors by Market Cap
The table below lists competitors of Winstek Semiconductor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dustin Group AB (publ)
PINK:DUSXF
|
$261.03 Million |
|
Jiangsu Skyray Instrument Co
SHE:300165
|
$261.08 Million |
|
Ring Energy Inc
NYSE MKT:REI
|
$261.10 Million |
|
Huamei Holding
SHE:000607
|
$261.10 Million |
|
Petpal Pet Nutrition Technology Co Ltd
SHE:300673
|
$260.76 Million |
|
Kyung Dong Navien Co Ltd
KO:009450
|
$260.71 Million |
|
Grupo Aeroméxico, S.A.B. de C.V.
NYSE:AERO
|
$260.71 Million |
|
Guangzhou Tech-Long Packing Machine Co Ltd
SHE:002209
|
$260.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Winstek Semiconductor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,994,128,000 to 6,364,065,000, a change of 369,937,000 (6.2%).
- Net income of 848,544,000 contributed positively to equity growth.
- Dividend payments of 654,056,000 reduced retained earnings.
- Other factors increased equity by 175,449,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$848.54 Million | +13.33% |
| Dividends Paid | NT$654.06 Million | -10.28% |
| Other Changes | NT$175.45 Million | +2.76% |
| Total Change | NT$- | 6.17% |
Book Value vs Market Value Analysis
This analysis compares Winstek Semiconductor Co Ltd'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: 2.88x
- 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 4.25x to 2.88x 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$31.63 | NT$134.50 | x |
| 2018-12-31 | NT$33.57 | NT$134.50 | x |
| 2019-12-31 | NT$35.88 | NT$134.50 | x |
| 2020-12-31 | NT$34.71 | NT$134.50 | x |
| 2021-12-31 | NT$35.78 | NT$134.50 | x |
| 2022-12-31 | NT$42.96 | NT$134.50 | x |
| 2023-12-31 | NT$43.99 | NT$134.50 | x |
| 2024-12-31 | NT$46.70 | NT$134.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Winstek Semiconductor Co Ltd 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): 13.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.37%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.21x
- Recent ROE (13.33%) is above the historical average (11.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 16.88% | 25.60% | 0.47x | 1.40x | NT$296.62 Million |
| 2018 | 7.21% | 11.49% | 0.50x | 1.26x | NT$-127.62 Million |
| 2019 | 11.61% | 19.29% | 0.46x | 1.31x | NT$78.74 Million |
| 2020 | 4.43% | 8.01% | 0.46x | 1.20x | NT$-263.54 Million |
| 2021 | 8.08% | 12.76% | 0.49x | 1.30x | NT$-93.66 Million |
| 2022 | 15.67% | 23.24% | 0.53x | 1.27x | NT$332.08 Million |
| 2023 | 14.01% | 22.90% | 0.48x | 1.27x | NT$240.43 Million |
| 2024 | 13.33% | 20.37% | 0.54x | 1.21x | NT$212.14 Million |
Industry Comparison
This section compares Winstek Semiconductor Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $3,963,876,800
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winstek Semiconductor Co Ltd (3265) | NT$5.72 Billion | 16.88% | 0.49x | $260.79 Million |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.31 Billion | -10.40% | 0.55x | $285.76 Million |
| Greatek Electronics Inc (2441) | $9.68 Billion | 16.62% | 0.10x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |