eMemory Technology (3529) - Net Assets
Based on the latest financial reports, eMemory Technology (3529) has net assets worth NT$3.87 Billion TWD (≈ $121.97 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.76 Billion ≈ $149.98 Million USD) and total liabilities (NT$889.20 Million ≈ $28.01 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 eMemory Technology (3529) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.87 Billion |
| % of Total Assets | 81.32% |
| Annual Growth Rate | 10.98% |
| 5-Year Change | 53.46% |
| 10-Year Change | 101.2% |
| Growth Volatility | 15.14 |
eMemory Technology - Net Assets Trend (2006–2025)
This chart illustrates how eMemory Technology's net assets have evolved over time, based on quarterly financial data. See eMemory Technology (3529) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for eMemory Technology (2006–2025)
The table below shows the annual net assets of eMemory Technology from 2006 to 2025. For live valuation and market cap data, see how much is eMemory Technology worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.87 Billion ≈ $121.97 Million |
+8.00% |
| 2024-12-31 | NT$3.58 Billion ≈ $112.94 Million |
+17.39% |
| 2023-12-31 | NT$3.05 Billion ≈ $96.21 Million |
-1.28% |
| 2022-12-31 | NT$3.09 Billion ≈ $97.46 Million |
+22.62% |
| 2021-12-31 | NT$2.52 Billion ≈ $79.48 Million |
+25.78% |
| 2020-12-31 | NT$2.01 Billion ≈ $63.19 Million |
+17.84% |
| 2019-12-31 | NT$1.70 Billion ≈ $53.62 Million |
-1.82% |
| 2018-12-31 | NT$1.73 Billion ≈ $54.62 Million |
-16.06% |
| 2017-12-31 | NT$2.07 Billion ≈ $65.06 Million |
+7.33% |
| 2016-12-31 | NT$1.92 Billion ≈ $60.62 Million |
+5.91% |
| 2015-12-31 | NT$1.82 Billion ≈ $57.24 Million |
+1.73% |
| 2014-12-31 | NT$1.79 Billion ≈ $56.26 Million |
+7.39% |
| 2013-12-31 | NT$1.66 Billion ≈ $52.39 Million |
+7.27% |
| 2012-12-31 | NT$1.55 Billion ≈ $48.84 Million |
-2.97% |
| 2011-12-31 | NT$1.60 Billion ≈ $50.34 Million |
+58.67% |
| 2010-12-31 | NT$1.01 Billion ≈ $31.72 Million |
+9.90% |
| 2009-12-31 | NT$916.29 Million ≈ $28.87 Million |
+23.85% |
| 2008-12-31 | NT$739.81 Million ≈ $23.31 Million |
+16.87% |
| 2007-12-31 | NT$633.00 Million ≈ $19.94 Million |
+18.45% |
| 2006-12-31 | NT$534.38 Million ≈ $16.84 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to eMemory Technology'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 1955.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.02 Billion | 52.60% |
| Other Components | NT$1.82 Billion | 47.40% |
| Total Equity | NT$3.84 Billion | 100.00% |
eMemory Technology Competitors by Market Cap
The table below lists competitors of eMemory Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanxi LuAn Environmental Energy Development Co Ltd
SHG:601699
|
$7.44 Billion |
|
SSAB AB (publ)
ST:SSAB-B
|
$7.44 Billion |
|
Light & Wonder Inc
AU:LNW
|
$7.44 Billion |
|
Sejahteraraya Anugrahjaya Tbk
JK:SRAJ
|
$7.44 Billion |
|
MaxLinear Inc
NASDAQ:MXL
|
$7.42 Billion |
|
Alkermes Plc
NASDAQ:ALKS
|
$7.42 Billion |
|
Petrovietnam Gas JSC
VN:GAS
|
$7.42 Billion |
|
Indian Overseas Bank
NSE:IOB
|
$7.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in eMemory Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,564,207,000 to 3,841,865,000, a change of 277,658,000 (7.8%).
- Net income of 1,911,849,000 contributed positively to equity growth.
- Dividend payments of 1,642,597,000 reduced retained earnings.
- New share issuances of 10,831,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.91 Billion | +49.76% |
| Dividends Paid | NT$1.64 Billion | -42.76% |
| Share Issuances | NT$10.83 Million | +0.28% |
| Other Changes | NT$-2.42 Million | -0.06% |
| Total Change | NT$- | 7.79% |
Book Value vs Market Value Analysis
This analysis compares eMemory Technology'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: 61.33x
- 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 260.70x to 61.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$12.10 | NT$3155.00 | x |
| 2007-12-31 | NT$11.94 | NT$3155.00 | x |
| 2008-12-31 | NT$13.33 | NT$3155.00 | x |
| 2009-12-31 | NT$14.08 | NT$3155.00 | x |
| 2010-12-31 | NT$14.79 | NT$3155.00 | x |
| 2011-12-31 | NT$20.92 | NT$3155.00 | x |
| 2012-12-31 | NT$20.32 | NT$3155.00 | x |
| 2013-12-31 | NT$21.95 | NT$3155.00 | x |
| 2014-12-31 | NT$23.50 | NT$3155.00 | x |
| 2015-12-31 | NT$23.90 | NT$3155.00 | x |
| 2016-12-31 | NT$25.30 | NT$3155.00 | x |
| 2017-12-31 | NT$27.11 | NT$3155.00 | x |
| 2018-12-31 | NT$22.82 | NT$3155.00 | x |
| 2019-12-31 | NT$22.80 | NT$3155.00 | x |
| 2020-12-31 | NT$26.72 | NT$3155.00 | x |
| 2021-12-31 | NT$33.11 | NT$3155.00 | x |
| 2022-12-31 | NT$40.83 | NT$3155.00 | x |
| 2023-12-31 | NT$40.40 | NT$3155.00 | x |
| 2024-12-31 | NT$47.74 | NT$3155.00 | x |
| 2025-12-31 | NT$51.44 | NT$3155.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently eMemory Technology 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): 49.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.67%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.24x
- Recent ROE (49.76%) is above the historical average (29.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.37% | 35.96% | 0.43x | 1.11x | NT$39.38 Million |
| 2007 | 22.81% | 41.01% | 0.53x | 1.05x | NT$81.12 Million |
| 2008 | 22.67% | 34.75% | 0.59x | 1.11x | NT$93.76 Million |
| 2009 | 13.89% | 20.70% | 0.61x | 1.10x | NT$35.66 Million |
| 2010 | 22.50% | 26.87% | 0.74x | 1.13x | NT$125.83 Million |
| 2011 | 9.58% | 23.78% | 0.38x | 1.05x | NT$-6.65 Million |
| 2012 | 10.60% | 26.88% | 0.37x | 1.05x | NT$9.28 Million |
| 2013 | 17.48% | 35.96% | 0.44x | 1.10x | NT$124.34 Million |
| 2014 | 23.44% | 41.69% | 0.51x | 1.11x | NT$239.99 Million |
| 2015 | 26.37% | 43.89% | 0.54x | 1.12x | NT$297.43 Million |
| 2016 | 27.80% | 44.01% | 0.55x | 1.14x | NT$342.50 Million |
| 2017 | 28.99% | 43.52% | 0.57x | 1.16x | NT$392.19 Million |
| 2018 | 35.37% | 41.52% | 0.70x | 1.21x | NT$439.75 Million |
| 2019 | 31.85% | 38.44% | 0.69x | 1.19x | NT$371.87 Million |
| 2020 | 35.47% | 39.85% | 0.72x | 1.24x | NT$508.37 Million |
| 2021 | 44.48% | 46.58% | 0.74x | 1.29x | NT$853.62 Million |
| 2022 | 52.67% | 50.11% | 0.83x | 1.27x | NT$1.31 Billion |
| 2023 | 48.77% | 48.34% | 0.81x | 1.24x | NT$1.17 Billion |
| 2024 | 51.46% | 50.87% | 0.81x | 1.25x | NT$1.48 Billion |
| 2025 | 49.76% | 49.67% | 0.81x | 1.24x | NT$1.53 Billion |
Industry Comparison
This section compares eMemory Technology's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $92,283,078,100
- Average return on equity (ROE) among peers: -5.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| eMemory Technology (3529) | NT$3.87 Billion | 17.37% | 0.23x | $7.42 Billion |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $17.41 Million |
| United Microelectronics Corporation (2303) | $214.10 Billion | 1.81% | 0.18x | $55.44 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.13 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $578.70 Billion | 27.93% | 0.24x | $1.95 Trillion |
| Macronix International Co Ltd (2337) | $18.43 Billion | -22.72% | 1.04x | $9.43 Billion |
| Optotech Corp (2340) | $6.01 Billion | 5.81% | 0.81x | $531.12 Million |
| Mosel Vitelic Inc (2342) | $31.49 Billion | 0.00% | 1.13x | $249.14 Million |
| Winbond Electronics Corp (2344) | $34.42 Billion | -25.03% | 0.96x | $28.21 Billion |
| Silicon Integrated Systems Corp (2363) | $9.58 Billion | -65.65% | 0.06x | $957.27 Million |
| Realtek Semiconductor Corp (2379) | $24.65 Billion | 17.65% | 1.36x | $12.04 Billion |
About eMemory Technology
eMemory Technology Inc. engages in the research, development, manufacturing, and sales of embedded flash memory in Taiwan and internationally. The company offers security products, such as NeoPUF, a hardware security technology; PUFrt, which delivers a secure hardware root of trust; PUFcc, a crypto coprocessor integrating key generation, storage, and encryption; PUFhsm, an embedded hardware secur… Read more