Forcera Materials Co., Ltd.
Forcera Materials Co., Ltd. manufactures and sells consumable spare parts for semiconductor and ceramic material industries in Taiwan and internationally. The company's products include aluminum oxide, quartz, aluminum nitride, and silicon. Its products are used in various applications, including semiconductor chamber component, TFT.LCD chamber component, high and well-plasma/chemical resistance … Read more
Forcera Materials Co., Ltd. (3467) - Net Assets
Latest net assets as of September 2025: NT$589.82 Million TWD
Based on the latest financial reports, Forcera Materials Co., Ltd. (3467) has net assets worth NT$589.82 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$842.14 Million) and total liabilities (NT$252.32 Million). 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$589.82 Million |
| % of Total Assets | 70.04% |
| Annual Growth Rate | 6.83% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.17 |
Forcera Materials Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Forcera Materials 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 Forcera Materials Co., Ltd. (2020–2024)
The table below shows the annual net assets of Forcera Materials Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$453.93 Million | +2.68% |
| 2023-12-31 | NT$442.08 Million | +11.69% |
| 2022-12-31 | NT$395.82 Million | +10.43% |
| 2021-12-31 | NT$358.43 Million | +2.83% |
| 2020-12-31 | NT$348.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forcera Materials 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 80.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$92.87 Million | 20.46% |
| Common Stock | NT$282.07 Million | 62.14% |
| Other Components | NT$79.00 Million | 17.40% |
| Total Equity | NT$453.93 Million | 100.00% |
Forcera Materials Co., Ltd. Competitors by Market Cap
The table below lists competitors of Forcera Materials Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coil S.A./N.V
PA:ALCOI
|
$11.53K |
|
REGI US Inc
PINK:RGUS
|
$11.54K |
|
SCHUMAG (SCM.SG)
STU:SCM
|
$11.54K |
|
NUFARM (NUF.SG)
STU:NUF
|
$11.54K |
|
CITIC (CPF.SG)
STU:CPF
|
$11.53K |
|
Trifast plc
LSE:TRI
|
$11.51K |
|
TNMWF
PINK:TNMWF
|
$11.51K |
|
PetroVietnam Coating JSC
VN:PVB
|
$11.50K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forcera Materials Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 442,080,000 to 453,934,000, a change of 11,854,000 (2.7%).
- Net income of 28,852,000 contributed positively to equity growth.
- Dividend payments of 16,924,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$28.85 Million | +6.36% |
| Dividends Paid | NT$16.92 Million | -3.73% |
| Other Changes | NT$-74.00K | -0.02% |
| Total Change | NT$- | 2.68% |
Book Value vs Market Value Analysis
This analysis compares Forcera Materials 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: 2.37x
- 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 2.61x to 2.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$14.78 | NT$38.55 | x |
| 2021-12-31 | NT$14.92 | NT$38.55 | x |
| 2022-12-31 | NT$14.55 | NT$38.55 | x |
| 2023-12-31 | NT$15.82 | NT$38.55 | x |
| 2024-12-31 | NT$16.28 | NT$38.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forcera Materials Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.67%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.60x
- Recent ROE (6.36%) is above the historical average (5.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 1.89% | 1.44% | 0.75x | 1.75x | NT$-28.25 Million |
| 2021 | 4.42% | 2.80% | 0.84x | 1.89x | NT$-20.01 Million |
| 2022 | 12.11% | 7.36% | 0.91x | 1.80x | NT$8.36 Million |
| 2023 | 5.02% | 3.94% | 0.80x | 1.59x | NT$-22.03 Million |
| 2024 | 6.36% | 4.67% | 0.85x | 1.60x | NT$-16.54 Million |
Industry Comparison
This section compares Forcera Materials 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: $4,492,917,500
- Average return on equity (ROE) among peers: 9.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forcera Materials Co., Ltd. (3467) | NT$589.82 Million | 1.89% | 0.43x | $11.53K |
| Rectron Ltd (2302) | $4.12 Billion | 0.00% | 0.40x | $40.96 Million |
| Taiwan Mask Corp (2338) | $5.04 Billion | 13.49% | 0.56x | $244.14 Million |
| Lingsen Precision Industries Ltd (2369) | $5.41 Billion | 4.39% | 0.45x | $285.76 Million |
| Greatek Electronics Inc (2441) | $12.28 Billion | 13.16% | 0.16x | $765.90 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $3.13 Billion | 13.22% | 0.25x | $1.19 Billion |
| Pan Jit International Inc (2481) | $4.10 Billion | 7.99% | 1.53x | $872.27 Million |
| Ampoc Far-East Co Ltd (2493) | $1.61 Billion | 6.35% | 1.01x | $278.67 Million |
| Episil-Precision Inc (3016) | $1.12 Billion | 6.80% | 0.13x | $191.42 Million |
| Zenitron Corp (3028) | $2.03 Billion | 10.05% | 1.97x | $324.86 Million |
| ALi Corp (3041) | $6.09 Billion | 14.62% | 0.19x | $99.91 Million |