Winstek Semiconductor Co Ltd (3265) - Net Assets
Based on the latest financial reports, Winstek Semiconductor Co Ltd (3265) has net assets worth NT$6.03 Billion TWD (≈ $190.03 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$9.69 Billion ≈ $305.34 Million USD) and total liabilities (NT$3.66 Billion ≈ $115.31 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 Winstek Semiconductor Co Ltd (3265) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$6.03 Billion |
| % of Total Assets | 62.24% |
| Annual Growth Rate | 4.99% |
| 5-Year Change | 30.48% |
| 10-Year Change | N/A |
| Growth Volatility | 6.49 |
Winstek Semiconductor Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Winstek Semiconductor Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Winstek Semiconductor Co Ltd.
Annual Net Assets for Winstek Semiconductor Co Ltd (2017–2025)
The table below shows the annual net assets of Winstek Semiconductor Co Ltd from 2017 to 2025. Also explore 3265 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$6.36 Billion ≈ $200.44 Million |
-0.03% |
| 2024-12-31 | NT$6.36 Billion ≈ $200.50 Million |
+6.17% |
| 2023-12-31 | NT$5.99 Billion ≈ $188.85 Million |
+2.40% |
| 2022-12-31 | NT$5.85 Billion ≈ $184.43 Million |
+20.06% |
| 2021-12-31 | NT$4.88 Billion ≈ $153.62 Million |
+3.10% |
| 2020-12-31 | NT$4.73 Billion ≈ $149.00 Million |
-3.26% |
| 2019-12-31 | NT$4.89 Billion ≈ $154.03 Million |
+6.88% |
| 2018-12-31 | NT$4.57 Billion ≈ $144.12 Million |
+6.13% |
| 2017-12-31 | NT$4.31 Billion ≈ $135.80 Million |
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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 32.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.50 Billion | 55.07% |
| Other Components | NT$2.86 Billion | 44.93% |
| 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 |
|---|---|
|
Changzhou Galaxy Century Microelectronics Co Ltd
SHG:688689
|
$785.63 Million |
|
China Resources and Environment Co Ltd
SHG:600217
|
$785.92 Million |
|
Queclink Wireless Solutions Co Ltd
SHE:300590
|
$785.97 Million |
|
ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017
|
$786.43 Million |
|
UniTTEC Co Ltd
SHE:000925
|
$784.87 Million |
|
Immix Biopharma Inc
NASDAQ:IMMX
|
$784.79 Million |
|
Vercom SA
WAR:VRC
|
$784.69 Million |
|
Groupe Dynamite Inc
TO:GRGD
|
$784.53 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 2024 to 2025, total equity changed from 6,364,065,000 to 6,361,979,000, a change of -2,086,000 (-0.0%).
- Net income of 746,536,000 contributed positively to equity growth.
- Dividend payments of 626,804,000 reduced retained earnings.
- Other factors decreased equity by 121,818,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$746.54 Million | +11.73% |
| Dividends Paid | NT$626.80 Million | -9.85% |
| Other Changes | NT$-121.82 Million | -1.91% |
| Total Change | NT$- | -0.03% |
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: 3.92x
- 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 5.79x to 3.92x 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$183.00 | x |
| 2018-12-31 | NT$33.57 | NT$183.00 | x |
| 2019-12-31 | NT$35.88 | NT$183.00 | x |
| 2020-12-31 | NT$34.71 | NT$183.00 | x |
| 2021-12-31 | NT$35.78 | NT$183.00 | x |
| 2022-12-31 | NT$42.96 | NT$183.00 | x |
| 2023-12-31 | NT$43.99 | NT$183.00 | x |
| 2024-12-31 | NT$46.70 | NT$183.00 | x |
| 2025-12-31 | NT$46.69 | NT$183.00 | 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): 11.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.06%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.44x
- Recent ROE (11.73%) is above the historical average (11.44%), 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 |
| 2025 | 11.73% | 16.06% | 0.51x | 1.44x | NT$110.34 Million |
Industry Comparison
This section compares Winstek Semiconductor Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $90,765,121,200
- Average return on equity (ROE) among peers: 6.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Winstek Semiconductor Co Ltd (3265) | NT$6.03 Billion | 16.88% | 0.61x | $785.62 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 6.28% | 0.14x | $16.60 Million |
| United Microelectronics Corporation (2303) | $212.44 Billion | 5.95% | 0.39x | $60.99 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $921.77 Million |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $480.37 Billion | 20.80% | 0.16x | $2.02 Trillion |
| Macronix International Co Ltd (2337) | $45.96 Billion | -7.19% | 0.71x | $7.30 Billion |
| Optotech Corp (2340) | $8.50 Billion | 3.62% | 0.47x | $476.63 Million |
| Mosel Vitelic Inc (2342) | $2.18 Billion | 10.11% | 0.36x | $239.21 Million |
| Winbond Electronics Corp (2344) | $99.16 Billion | 0.61% | 0.79x | $24.31 Billion |
| Silicon Integrated Systems Corp (2363) | $14.63 Billion | -12.87% | 0.13x | $952.40 Million |
| Realtek Semiconductor Corp (2379) | $38.95 Billion | 43.27% | 1.60x | $12.10 Billion |
About Winstek Semiconductor Co Ltd
Winstek Semiconductor Co., Ltd., together with its subsidiaries, engages in the testing of integrated circuits, chip bumping, and wafer packaging services in Taiwan, United State, Mainland China, Singapore, and internationally. It operates through Test Business and Packaging Business segment. The company offers test services, such as wafer sort, final test, post-test, engineering support, and tes… Read more