Gloria Material Technology (5009) - Net Assets
Based on the latest financial reports, Gloria Material Technology (5009) has net assets worth NT$18.00 Billion TWD (≈ $567.17 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$33.67 Billion ≈ $1.06 Billion USD) and total liabilities (NT$15.66 Billion ≈ $493.53 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 financial resilience of Gloria Material Technology to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$18.00 Billion |
| % of Total Assets | 53.47% |
| Annual Growth Rate | 6.19% |
| 5-Year Change | 89.28% |
| 10-Year Change | 83.82% |
| Growth Volatility | 14.39 |
Gloria Material Technology - Net Assets Trend (2006–2025)
This chart illustrates how Gloria Material Technology's net assets have evolved over time, based on quarterly financial data. Also explore Gloria Material Technology total assets for the complete picture of this company's asset base.
Annual Net Assets for Gloria Material Technology (2006–2025)
The table below shows the annual net assets of Gloria Material Technology from 2006 to 2025. For live valuation and market cap data, see Gloria Material Technology stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$18.00 Billion ≈ $567.17 Million |
-6.25% |
| 2024-12-31 | NT$19.20 Billion ≈ $605.00 Million |
+25.79% |
| 2023-12-31 | NT$15.27 Billion ≈ $480.96 Million |
+37.13% |
| 2022-12-31 | NT$11.13 Billion ≈ $350.73 Million |
+17.05% |
| 2021-12-31 | NT$9.51 Billion ≈ $299.65 Million |
+8.43% |
| 2020-12-31 | NT$8.77 Billion ≈ $276.36 Million |
-0.30% |
| 2019-12-31 | NT$8.80 Billion ≈ $277.19 Million |
+0.51% |
| 2018-12-31 | NT$8.75 Billion ≈ $275.78 Million |
-3.33% |
| 2017-12-31 | NT$9.05 Billion ≈ $285.28 Million |
-7.54% |
| 2016-12-31 | NT$9.79 Billion ≈ $308.55 Million |
-2.54% |
| 2015-12-31 | NT$10.05 Billion ≈ $316.60 Million |
+3.07% |
| 2014-12-31 | NT$9.75 Billion ≈ $307.16 Million |
+8.12% |
| 2013-12-31 | NT$9.02 Billion ≈ $284.10 Million |
-2.57% |
| 2012-12-31 | NT$9.26 Billion ≈ $291.61 Million |
+6.07% |
| 2011-12-31 | NT$8.73 Billion ≈ $274.93 Million |
+40.70% |
| 2010-12-31 | NT$6.20 Billion ≈ $195.40 Million |
+11.91% |
| 2009-12-31 | NT$5.54 Billion ≈ $174.61 Million |
-7.30% |
| 2008-12-31 | NT$5.98 Billion ≈ $188.36 Million |
-10.93% |
| 2007-12-31 | NT$6.71 Billion ≈ $211.48 Million |
+16.62% |
| 2006-12-31 | NT$5.76 Billion ≈ $181.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gloria Material 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 2828.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.39 Billion | 24.98% |
| Other Components | NT$13.19 Billion | 75.02% |
| Total Equity | NT$17.59 Billion | 100.00% |
Gloria Material Technology Competitors by Market Cap
The table below lists competitors of Gloria Material Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Voneseals Technology (Shanghai) Inc. A
SHE:301161
|
$566.48 Million |
|
ZRP Printing Group Co. Ltd.
SHE:301223
|
$566.63 Million |
|
Lu Thai Textile Co Ltd
SHE:000726
|
$566.63 Million |
|
Hyster-Yale Materials Handling Inc
NYSE:HY
|
$566.65 Million |
|
KraussMaffei Co Ltd
SHG:600579
|
$566.28 Million |
|
Rio2 Ltd
V:RIO
|
$566.25 Million |
|
Hefei Kewell Power System Co Ltd
SHG:688551
|
$566.15 Million |
|
BETTERWARE DE MEXICO SAPI
F:BM0
|
$566.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gloria Material Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,768,857,000 to 17,586,595,000, a change of -1,182,262,000 (-6.3%).
- Net income of 1,296,181,000 contributed positively to equity growth.
- Dividend payments of 1,524,568,000 reduced retained earnings.
- Share repurchases of 727,370,000 reduced equity.
- Other factors decreased equity by 226,505,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.30 Billion | +7.37% |
| Dividends Paid | NT$1.52 Billion | -8.67% |
| Share Repurchases | NT$727.37 Million | -4.14% |
| Other Changes | NT$-226.50 Million | -1.29% |
| Total Change | NT$- | -6.30% |
Book Value vs Market Value Analysis
This analysis compares Gloria Material 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: 1.03x
- 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 2.43x to 1.03x 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$13.27 | NT$32.20 | x |
| 2007-12-31 | NT$13.86 | NT$32.20 | x |
| 2008-12-31 | NT$11.17 | NT$32.20 | x |
| 2009-12-31 | NT$12.39 | NT$32.20 | x |
| 2010-12-31 | NT$12.22 | NT$32.20 | x |
| 2011-12-31 | NT$15.20 | NT$32.20 | x |
| 2012-12-31 | NT$16.35 | NT$32.20 | x |
| 2013-12-31 | NT$15.91 | NT$32.20 | x |
| 2014-12-31 | NT$17.87 | NT$32.20 | x |
| 2015-12-31 | NT$18.54 | NT$32.20 | x |
| 2016-12-31 | NT$18.51 | NT$32.20 | x |
| 2017-12-31 | NT$18.41 | NT$32.20 | x |
| 2018-12-31 | NT$18.33 | NT$32.20 | x |
| 2019-12-31 | NT$18.54 | NT$32.20 | x |
| 2020-12-31 | NT$18.52 | NT$32.20 | x |
| 2021-12-31 | NT$20.23 | NT$32.20 | x |
| 2022-12-31 | NT$24.07 | NT$32.20 | x |
| 2023-12-31 | NT$25.65 | NT$32.20 | x |
| 2024-12-31 | NT$32.01 | NT$32.20 | x |
| 2025-12-31 | NT$31.18 | NT$32.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gloria Material 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): 7.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.21%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.91x
- Recent ROE (7.37%) is below the historical average (8.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.80% | 11.82% | 0.79x | 2.13x | NT$508.91 Million |
| 2007 | 23.73% | 12.09% | 0.76x | 2.57x | NT$806.05 Million |
| 2008 | 5.95% | 2.68% | 0.76x | 2.91x | NT$-207.45 Million |
| 2009 | -7.71% | -6.89% | 0.42x | 2.69x | NT$-827.17 Million |
| 2010 | 4.92% | 2.91% | 0.52x | 3.23x | NT$-255.42 Million |
| 2011 | 13.17% | 7.40% | 0.68x | 2.62x | NT$228.59 Million |
| 2012 | 8.38% | 5.71% | 0.60x | 2.45x | NT$-125.76 Million |
| 2013 | 3.53% | 2.55% | 0.55x | 2.49x | NT$-501.43 Million |
| 2014 | 7.67% | 5.23% | 0.60x | 2.43x | NT$-193.67 Million |
| 2015 | 8.06% | 6.42% | 0.59x | 2.12x | NT$-168.19 Million |
| 2016 | 3.76% | 3.69% | 0.47x | 2.17x | NT$-535.99 Million |
| 2017 | 1.78% | 1.61% | 0.49x | 2.26x | NT$-680.84 Million |
| 2018 | 3.00% | 2.37% | 0.51x | 2.47x | NT$-566.53 Million |
| 2019 | 3.43% | 2.65% | 0.53x | 2.45x | NT$-535.05 Million |
| 2020 | 2.68% | 2.85% | 0.37x | 2.52x | NT$-594.59 Million |
| 2021 | 8.40% | 8.57% | 0.40x | 2.47x | NT$-143.42 Million |
| 2022 | 19.16% | 16.33% | 0.49x | 2.40x | NT$965.31 Million |
| 2023 | 15.98% | 17.30% | 0.45x | 2.06x | NT$875.37 Million |
| 2024 | 13.81% | 20.15% | 0.36x | 1.91x | NT$715.50 Million |
| 2025 | 7.37% | 11.21% | 0.34x | 1.91x | NT$-462.48 Million |
Industry Comparison
This section compares Gloria Material Technology's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $78,318,497,200
- Average return on equity (ROE) among peers: 5.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gloria Material Technology (5009) | NT$18.00 Billion | 19.80% | 0.87x | $566.46 Million |
| Walsin Lihwa Corp (1605) | $59.38 Billion | 13.22% | 0.34x | $4.21 Billion |
| China Steel Corp (2002) | $331.95 Billion | 5.09% | 1.01x | $9.00 Billion |
| China Steel Corp Pref (2002A) | $342.25 Billion | 0.49% | 0.98x | $46.78 Million |
| Tung Ho Steel Enterprise Corp (2006) | $14.24 Billion | 17.57% | 0.78x | $1.50 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $3.22 Billion | -5.72% | 4.62x | $124.72 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $3.67 Billion | -10.06% | 0.43x | $165.35 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $9.90 Billion | 3.68% | 1.20x | $505.02 Million |
| Chun Yu Works & Co Ltd (2012) | $4.00 Billion | 6.23% | 1.65x | $129.09 Million |
| China Steel Structure Co Ltd (2013) | $2.65 Billion | 0.00% | 2.18x | $269.37 Million |
| Chung Hung Steel Corp (2014) | $11.93 Billion | 21.85% | 1.63x | $796.00 Million |
About Gloria Material Technology
Gloria Material Technology Corp. engages in smelting, manufacturing, processing and sales of steel in Taiwan, the United States, China, and internationally. The company offers austenitic, martensitic, ferrite, precipitation hardening, and duplex stainless steel; hot work, cold work, high speed, and plastic mold steel; and low alloy steel. It also engages in general investment and trading activiti… Read more