Microcosm Technology Co Ltd Net Assets
Microcosm Technology Co Ltd net assets. Based on the latest financial reports, Microcosm Technology Co Ltd (3354) has net assets worth NT$791.68 Million TWD (≈ $24.94 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$925.07 Million ≈ $29.14 Million USD) and total liabilities (NT$133.39 Million ≈ $4.20 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 net asset momentum of Microcosm Technology Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$791.68 Million |
| % of Total Assets | 85.58% |
| Annual Growth Rate | -4.04% |
| 5-Year Change | -21.94% |
| 10-Year Change | N/A |
| Growth Volatility | 4.27 |
Net Assets of Microcosm Technology Co Ltd (2017–2024)
Net assets of Microcosm Technology Co Ltd from 2017 to 2024. This chart illustrates how Microcosm Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Microcosm Technology Co Ltd (3354) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Microcosm Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Microcosm Technology Co Ltd from 2017 to 2024. For live market cap and overall valuation, see 3354 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$862.60 Million ≈ $27.18 Million |
-3.57% |
| 2023-12-31 | NT$894.55 Million ≈ $28.18 Million |
-10.12% |
| 2022-12-31 | NT$995.29 Million ≈ $31.36 Million |
-3.70% |
| 2021-12-31 | NT$1.03 Billion ≈ $32.56 Million |
-6.46% |
| 2020-12-31 | NT$1.10 Billion ≈ $34.81 Million |
-7.30% |
| 2019-12-31 | NT$1.19 Billion ≈ $37.56 Million |
-0.11% |
| 2018-12-31 | NT$1.19 Billion ≈ $37.60 Million |
+3.62% |
| 2017-12-31 | NT$1.15 Billion ≈ $36.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Microcosm Technology 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 decreased by 114.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Microcosm Technology Co Ltd Net Assets Breakdown (December 2024)
Microcosm Technology Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$885.74 Million | 102.68% |
| Total Equity | NT$862.60 Million | 100.00% |
Microcosm Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Microcosm Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Finance of America Companies Inc
NYSE:FOA
|
$94.10 Million |
|
Atturra Ltd
AU:ATA
|
$94.11 Million |
|
UNITRAD
KLSE:0247
|
$94.17 Million |
|
Alligator Energy Ltd
AU:AGE
|
$94.18 Million |
|
Kizilbuk Gayrimenkul Yatirim Ortakligi AS
IS:KZBGY
|
$94.07 Million |
|
Emvision Medical Devices Ltd
AU:EMV
|
$94.04 Million |
|
Western Energy Services Corp.
TO:WRG
|
$94.03 Million |
|
Red Planet Indonesia Tbk
JK:PSKT
|
$94.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microcosm Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 894,547,000 to 862,597,000, a change of -31,950,000 (-3.6%).
- Net loss of 23,550,000 reduced equity.
- Dividend payments of 14,018,000 reduced retained earnings.
- Share repurchases of 286,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-23.55 Million | -2.73% |
| Dividends Paid | NT$14.02 Million | -1.63% |
| Share Repurchases | NT$286.00K | -0.03% |
| Other Changes | NT$5.90 Million | +0.68% |
| Total Change | NT$- | -3.57% |
Book Value vs Market Value Analysis
This analysis compares Microcosm Technology 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: 3.46x
- 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 increased from 2.57x to 3.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$16.58 | NT$42.60 | x |
| 2018-12-31 | NT$17.17 | NT$42.60 | x |
| 2019-12-31 | NT$17.00 | NT$42.60 | x |
| 2020-12-31 | NT$15.76 | NT$42.60 | x |
| 2021-12-31 | NT$14.75 | NT$42.60 | x |
| 2022-12-31 | NT$14.20 | NT$42.60 | x |
| 2023-12-31 | NT$12.76 | NT$42.60 | x |
| 2024-12-31 | NT$12.30 | NT$42.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microcosm Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.44%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.20x
- Recent ROE (-2.73%) is below the historical average (-1.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.69% | 5.51% | 0.36x | 1.35x | NT$-84.22 Million |
| 2018 | 6.36% | 15.33% | 0.31x | 1.32x | NT$-43.38 Million |
| 2019 | 2.96% | 8.01% | 0.27x | 1.38x | NT$-83.98 Million |
| 2020 | -4.68% | -17.86% | 0.19x | 1.39x | NT$-162.25 Million |
| 2021 | -4.99% | -25.82% | 0.14x | 1.40x | NT$-154.89 Million |
| 2022 | -2.13% | -13.64% | 0.12x | 1.32x | NT$-120.72 Million |
| 2023 | -9.36% | -76.20% | 0.09x | 1.32x | NT$-173.15 Million |
| 2024 | -2.73% | -18.44% | 0.12x | 1.20x | NT$-109.81 Million |
Industry Comparison
This section compares Microcosm Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $17,643,896,100
- Average return on equity (ROE) among peers: 13.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microcosm Technology Co Ltd (3354) | NT$791.68 Million | 2.69% | 0.17x | $94.10 Million |
| Syncmold Enterprise Corp (1582) | $692.08 Million | 47.67% | 1.23x | $297.71 Million |
| Fulltech Fiber Glass (1815) | $7.45 Billion | 8.07% | 0.98x | $2.15 Billion |
| Delta Electronics Inc (2308) | $27.56 Billion | 13.00% | 0.92x | $103.93 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.71 Billion | 20.43% | 1.15x | $6.98 Billion |
| WUS Printed Circuit Co Ltd (2316) | $6.09 Billion | 4.51% | 0.81x | $685.94 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $108.00 Billion |
| Yageo Corp (2327) | $29.33 Billion | 4.94% | 1.00x | $29.32 Billion |
| Pan-International Industrial Corp (2328) | $12.38 Billion | 5.52% | 0.28x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $17.27 Billion | 3.67% | 0.40x | $606.13 Million |
| Solomon Technology Corp (2359) | $4.35 Billion | 0.15% | 0.41x | $580.41 Million |
About Microcosm Technology Co Ltd
Microcosm Technology Co., Ltd., together with its subsidiaries, engages in the development, production, and innovation of FCCL and functional polyimide materials in Taiwan, Malaysia, China, and internationally. It operates through FPC Division and Others segments. The company offers display materials comprising customized colorless PI varnishes, low retardation and bending-resistant colorless PI … Read more