ProbeLeader Co., Ltd.
ProbeLeader Co., Ltd. designs and manufactures testing solutions for semiconductor and LCD panel, and optoelectronics and passive components industries. It offers probe cards, load boards, test sockets, and equipment and tools. The company was founded in 2002 and is headquartered in Hsinchu City, Taiwan.
ProbeLeader Co., Ltd. (5246) - Net Assets
Latest net assets as of June 2025: NT$378.09 Million TWD
Based on the latest financial reports, ProbeLeader Co., Ltd. (5246) has net assets worth NT$378.09 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.13 Billion) and total liabilities (NT$751.97 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$378.09 Million |
| % of Total Assets | 33.46% |
| Annual Growth Rate | 2.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.94 |
ProbeLeader Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how ProbeLeader 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 ProbeLeader Co., Ltd. (2020–2024)
The table below shows the annual net assets of ProbeLeader Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$366.47 Million | -18.52% |
| 2023-12-31 | NT$449.76 Million | +10.20% |
| 2022-12-31 | NT$408.14 Million | +13.21% |
| 2021-12-31 | NT$360.50 Million | +10.30% |
| 2020-12-31 | NT$326.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ProbeLeader 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 342.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$301.41 Million | 83.29% |
| Other Components | NT$116.22 Million | 32.12% |
| Total Equity | NT$361.88 Million | 100.00% |
ProbeLeader Co., Ltd. Competitors by Market Cap
The table below lists competitors of ProbeLeader Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SABA CA.INC+OP.NEW DL-01
F:14H0
|
$47.70K |
|
IMPAX ENVIRONMTL MKTS
F:1QR
|
$47.71K |
|
PIXELWORKS (PXLX.SG)
STU:PXLX
|
$47.75K |
|
TEND3F
SA:TEND3F
|
$47.76K |
|
CARLYLE COMMODIT.CORP.
F:BJ4
|
$47.66K |
|
INFORMATION SVC GRP
BE:ZZG
|
$47.66K |
|
Kiromic Biopharma Inc
NASDAQ:KRBP
|
$47.64K |
|
MPC CAPITAL
BE:MPCK
|
$47.64K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ProbeLeader Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 443,753,000 to 361,883,000, a change of -81,870,000 (-18.4%).
- Net loss of 99,527,000 reduced equity.
- New share issuances of 5,428,000 increased equity.
- Other comprehensive income decreased equity by 12,672,000.
- Other factors increased equity by 24,901,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-99.53 Million | -27.5% |
| Share Issuances | NT$5.43 Million | +1.5% |
| Other Comprehensive Income | NT$-12.67 Million | -3.5% |
| Other Changes | NT$24.90 Million | +6.88% |
| Total Change | NT$- | -18.45% |
Book Value vs Market Value Analysis
This analysis compares ProbeLeader 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: 14.50x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$11.58 | NT$167.00 | x |
| 2021-12-31 | NT$12.07 | NT$167.00 | x |
| 2022-12-31 | NT$13.78 | NT$167.00 | x |
| 2023-12-31 | NT$14.81 | NT$167.00 | x |
| 2024-12-31 | NT$11.52 | NT$167.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ProbeLeader Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -27.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.32%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 3.22x
- Recent ROE (-27.50%) is below the historical average (1.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 7.20% | 4.16% | 0.94x | 1.84x | NT$-9.17 Million |
| 2021 | 11.88% | 5.55% | 1.23x | 1.75x | NT$6.77 Million |
| 2022 | 14.12% | 5.09% | 1.08x | 2.56x | NT$16.48 Million |
| 2023 | 0.06% | 0.02% | 1.23x | 2.60x | NT$-44.09 Million |
| 2024 | -27.50% | -10.32% | 0.83x | 3.22x | NT$-135.72 Million |
Industry Comparison
This section compares ProbeLeader 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: $3,963,876,800
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ProbeLeader Co., Ltd. (5246) | NT$378.09 Million | 7.20% | 1.99x | $47.67K |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.31 Billion | -10.40% | 0.55x | $285.76 Million |
| Greatek Electronics Inc (2441) | $9.68 Billion | 16.62% | 0.10x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |