Taiwan IC Packaging (3372) - Net Assets

Latest as of June 2025: NT$1.58 Billion TWD ≈ $49.65 Million USD

Based on the latest financial reports, Taiwan IC Packaging (3372) has net assets worth NT$1.58 Billion TWD (≈ $49.65 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$1.88 Billion ≈ $59.08 Million USD) and total liabilities (NT$299.21 Million ≈ $9.43 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 Taiwan IC Packaging strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$1.58 Billion
% of Total Assets 84.04%
Annual Growth Rate -7.58%
5-Year Change -2.27%
10-Year Change N/A
Growth Volatility 14.57

Taiwan IC Packaging - Net Assets Trend (2016–2024)

This chart illustrates how Taiwan IC Packaging's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Taiwan IC Packaging market cap and net worth.

Annual Net Assets for Taiwan IC Packaging (2016–2024)

The table below shows the annual net assets of Taiwan IC Packaging from 2016 to 2024. Also explore net asset momentum of Taiwan IC Packaging to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2024-12-31 NT$1.71 Billion
≈ $54.00 Million
-8.80%
2023-12-31 NT$1.88 Billion
≈ $59.21 Million
-11.64%
2022-12-31 NT$2.13 Billion
≈ $67.02 Million
-1.97%
2021-12-31 NT$2.17 Billion
≈ $68.36 Million
+23.71%
2020-12-31 NT$1.75 Billion
≈ $55.26 Million
-0.54%
2019-12-31 NT$1.76 Billion
≈ $55.56 Million
-2.79%
2018-12-31 NT$1.81 Billion
≈ $57.15 Million
-23.71%
2017-12-31 NT$2.38 Billion
≈ $74.92 Million
-26.19%
2016-12-31 NT$3.22 Billion
≈ $101.49 Million
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Equity Component Analysis

This analysis shows how different components contribute to Taiwan IC Packaging'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 76713500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components NT$1.89 Billion 110.30%
Total Equity NT$1.71 Billion 100.00%

Taiwan IC Packaging Competitors by Market Cap

The table below lists competitors of Taiwan IC Packaging ranked by their market capitalization.

Company Market Cap
CombinedX AB
ST:CX
$82.80 Million
Sao Ta Foods JSC
VN:FMC
$81.74 Million
iFabric Corp
TO:IFA
$80.88 Million
Malaysian Bulk Carriers Bhd
KLSE:5077
$82.63 Million
KG Mobilians Co. Ltd
KQ:046440
$82.36 Million
Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust
BK:AMATAR
$81.99 Million
Crossject
PA:ALCJ
$82.54 Million
HLB Life Science Co. Ltd
KQ:067630
$80.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Taiwan IC Packaging's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,879,499,000 to 1,714,117,000, a change of -165,382,000 (-8.8%).
  • Net loss of 185,384,000 reduced equity.
  • Other comprehensive income decreased equity by 54,096,000.
  • Other factors increased equity by 74,098,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$-185.38 Million -10.82%
Other Comprehensive Income NT$-54.10 Million -3.16%
Other Changes NT$74.10 Million +4.32%
Total Change NT$- -8.80%

Book Value vs Market Value Analysis

This analysis compares Taiwan IC Packaging'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: 1.53x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.80x to 1.53x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 NT$18.67 NT$14.95 x
2017-12-31 NT$13.89 NT$14.95 x
2018-12-31 NT$10.56 NT$14.95 x
2019-12-31 NT$10.25 NT$14.95 x
2020-12-31 NT$10.19 NT$14.95 x
2021-12-31 NT$12.60 NT$14.95 x
2022-12-31 NT$12.30 NT$14.95 x
2023-12-31 NT$10.86 NT$14.95 x
2024-12-31 NT$9.78 NT$14.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Taiwan IC Packaging 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): -10.82%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -20.50%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 1.16x
  • Recent ROE (-10.82%) is below the historical average (-8.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 -8.50% -15.72% 0.48x 1.14x NT$-595.96 Million
2017 -36.08% -60.88% 0.51x 1.15x NT$-1.10 Billion
2018 -31.31% -44.71% 0.62x 1.14x NT$-749.47 Million
2019 -2.69% -4.02% 0.57x 1.19x NT$-223.77 Million
2020 -0.63% -0.91% 0.56x 1.24x NT$-186.44 Million
2021 18.97% 21.16% 0.74x 1.21x NT$194.66 Million
2022 3.96% 6.88% 0.52x 1.11x NT$-128.58 Million
2023 -9.42% -20.54% 0.41x 1.13x NT$-364.94 Million
2024 -10.82% -20.50% 0.46x 1.16x NT$-356.80 Million

Industry Comparison

This section compares Taiwan IC Packaging's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

  • Industry: Semiconductors
  • Average net assets among peers: $104,466,571,700
  • Average return on equity (ROE) among peers: 6.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Taiwan IC Packaging (3372) NT$1.58 Billion -8.50% 0.19x $82.58 Million
Polylite Taiwan Co Ltd (1813) $932.55 Million 5.27% 0.25x $16.53 Million
United Microelectronics Corporation (2303) $218.74 Billion 3.80% 0.77x $56.24 Billion
Orient Semiconductor Electronics Ltd (2329) $4.55 Billion -6.33% 2.10x $883.36 Million
Taiwan Semiconductor Manufacturing Co. Ltd. (2330) $713.59 Billion 22.35% 0.35x $1.94 Trillion
Macronix International Co Ltd (2337) $24.66 Billion 22.38% 0.79x $7.42 Billion
Optotech Corp (2340) $6.57 Billion 3.20% 0.86x $456.62 Million
Mosel Vitelic Inc (2342) $7.72 Billion 0.00% 0.62x $201.25 Million
Winbond Electronics Corp (2344) $36.43 Billion -2.32% 0.67x $23.96 Billion
Silicon Integrated Systems Corp (2363) $13.34 Billion 4.54% 0.04x $843.70 Million
Realtek Semiconductor Corp (2379) $18.13 Billion 12.43% 0.46x $11.55 Billion

About Taiwan IC Packaging

TWO:3372 Taiwan Semiconductors
Market Cap
$82.58 Million
NT$2.62 Billion TWD
Market Cap Rank
#20004 Global
#1155 in Taiwan
Share Price
NT$14.95
Change (1 day)
+5.28%
52-Week Range
NT$14.10 - NT$25.65
All Time High
NT$29.67
About

Taiwan IC Packaging Corporation develops optical and ultrathin IC package technologies in China, South Korea, the United States, and internationally. The company offers thin small outline, small outline, quad flat, SSOP/TSSOP, quad flat no lead/dual flat no lead, thin PKG, TQFP, LQFP, thermal enhanced, and image sensor packages. It also provides substrate-based package products, such as LGA, VLGA… Read more