Taiwan Semiconductor Co Ltd (5425) - Net Assets
Based on the latest financial reports, Taiwan Semiconductor Co Ltd (5425) has net assets worth NT$10.98 Billion TWD (≈ $346.00 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$21.20 Billion ≈ $667.77 Million USD) and total liabilities (NT$10.21 Billion ≈ $321.76 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 Semiconductor Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.98 Billion |
| % of Total Assets | 51.81% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | 19.02% |
| 10-Year Change | 64.06% |
| Growth Volatility | 12.21 |
Taiwan Semiconductor Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Taiwan Semiconductor Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 5425 asset base for the complete picture of this company's asset base.
Annual Net Assets for Taiwan Semiconductor Co Ltd (2006–2025)
The table below shows the annual net assets of Taiwan Semiconductor Co Ltd from 2006 to 2025. For live valuation and market cap data, see 5425 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$10.98 Billion ≈ $346.00 Million |
+0.34% |
| 2024-12-31 | NT$10.94 Billion ≈ $344.82 Million |
+2.29% |
| 2023-12-31 | NT$10.70 Billion ≈ $337.09 Million |
-0.24% |
| 2022-12-31 | NT$10.73 Billion ≈ $337.91 Million |
+16.23% |
| 2021-12-31 | NT$9.23 Billion ≈ $290.72 Million |
+17.57% |
| 2020-12-31 | NT$7.85 Billion ≈ $247.27 Million |
+4.96% |
| 2019-12-31 | NT$7.48 Billion ≈ $235.58 Million |
+2.51% |
| 2018-12-31 | NT$7.29 Billion ≈ $229.81 Million |
+5.30% |
| 2017-12-31 | NT$6.93 Billion ≈ $218.25 Million |
+3.48% |
| 2016-12-31 | NT$6.69 Billion ≈ $210.90 Million |
+0.72% |
| 2015-12-31 | NT$6.65 Billion ≈ $209.40 Million |
+6.17% |
| 2014-12-31 | NT$6.26 Billion ≈ $197.23 Million |
+7.18% |
| 2013-12-31 | NT$5.84 Billion ≈ $184.02 Million |
+7.90% |
| 2012-12-31 | NT$5.41 Billion ≈ $170.56 Million |
-0.12% |
| 2011-12-31 | NT$5.42 Billion ≈ $170.77 Million |
+5.25% |
| 2010-12-31 | NT$5.15 Billion ≈ $162.25 Million |
+10.55% |
| 2009-12-31 | NT$4.66 Billion ≈ $146.77 Million |
+4.26% |
| 2008-12-31 | NT$4.47 Billion ≈ $140.78 Million |
-1.40% |
| 2007-12-31 | NT$4.53 Billion ≈ $142.78 Million |
+54.99% |
| 2006-12-31 | NT$2.92 Billion ≈ $92.12 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Semiconductor 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 427.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.73 Billion | 48.87% |
| Other Components | NT$3.91 Billion | 51.13% |
| Total Equity | NT$7.64 Billion | 100.00% |
Taiwan Semiconductor Co Ltd Competitors by Market Cap
The table below lists competitors of Taiwan Semiconductor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Sunhere Pharmaceutical Excipients Co Ltd
SHE:300452
|
$484.09 Million |
|
Akis Gayrimenkul Yatirim Ortakligi AS
IS:AKSGY
|
$484.10 Million |
|
Kofola CeskoSlovensko as
PR:KOFOL
|
$484.11 Million |
|
Nexen Tire
KO:002350
|
$484.20 Million |
|
Just Dial Limited
NSE:JUSTDIAL
|
$483.73 Million |
|
Shanghai Wondertek Software Co Ltd
SHG:603189
|
$483.58 Million |
|
Bowman Consulting Group Ltd
NASDAQ:BWMN
|
$483.57 Million |
|
Guangdong Guanghong Holdings Co Ltd
SHE:000529
|
$483.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Semiconductor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,794,354,000 to 7,642,839,000, a change of -151,515,000 (-1.9%).
- Net income of 509,576,000 contributed positively to equity growth.
- Dividend payments of 494,683,000 reduced retained earnings.
- Share repurchases of 141,417,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$509.58 Million | +6.67% |
| Dividends Paid | NT$494.68 Million | -6.47% |
| Share Repurchases | NT$141.42 Million | -1.85% |
| Other Changes | NT$-24.99 Million | -0.33% |
| Total Change | NT$- | -1.94% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Semiconductor 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: 2.01x
- 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 4.83x to 2.01x 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$13.01 | NT$62.80 | x |
| 2007-12-31 | NT$18.38 | NT$62.80 | x |
| 2008-12-31 | NT$17.08 | NT$62.80 | x |
| 2009-12-31 | NT$17.56 | NT$62.80 | x |
| 2010-12-31 | NT$18.53 | NT$62.80 | x |
| 2011-12-31 | NT$19.57 | NT$62.80 | x |
| 2012-12-31 | NT$19.36 | NT$62.80 | x |
| 2013-12-31 | NT$20.56 | NT$62.80 | x |
| 2014-12-31 | NT$21.95 | NT$62.80 | x |
| 2015-12-31 | NT$23.19 | NT$62.80 | x |
| 2016-12-31 | NT$22.93 | NT$62.80 | x |
| 2017-12-31 | NT$23.63 | NT$62.80 | x |
| 2018-12-31 | NT$22.99 | NT$62.80 | x |
| 2019-12-31 | NT$22.73 | NT$62.80 | x |
| 2020-12-31 | NT$23.12 | NT$62.80 | x |
| 2021-12-31 | NT$27.99 | NT$62.80 | x |
| 2022-12-31 | NT$32.13 | NT$62.80 | x |
| 2023-12-31 | NT$31.00 | NT$62.80 | x |
| 2024-12-31 | NT$31.49 | NT$62.80 | x |
| 2025-12-31 | NT$31.26 | NT$62.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Semiconductor 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): 6.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.84%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.77x
- Recent ROE (6.67%) is below the historical average (11.30%), 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 | 12.68% | 9.21% | 0.69x | 2.00x | NT$78.13 Million |
| 2007 | 5.82% | 5.43% | 0.57x | 1.87x | NT$-179.83 Million |
| 2008 | 0.29% | 0.27% | 0.61x | 1.79x | NT$-411.29 Million |
| 2009 | 2.93% | 2.71% | 0.69x | 1.57x | NT$-303.81 Million |
| 2010 | 11.34% | 7.75% | 0.88x | 1.66x | NT$61.77 Million |
| 2011 | 8.07% | 5.99% | 0.77x | 1.75x | NT$-93.60 Million |
| 2012 | 3.42% | 2.61% | 0.76x | 1.72x | NT$-310.65 Million |
| 2013 | 7.77% | 5.47% | 0.84x | 1.68x | NT$-111.03 Million |
| 2014 | 11.29% | 7.81% | 0.86x | 1.69x | NT$68.45 Million |
| 2015 | 14.04% | 9.89% | 0.72x | 1.97x | NT$220.55 Million |
| 2016 | 14.39% | 8.88% | 0.78x | 2.07x | NT$235.63 Million |
| 2017 | 15.84% | 9.65% | 0.77x | 2.12x | NT$320.10 Million |
| 2018 | 14.45% | 8.45% | 0.69x | 2.48x | NT$250.09 Million |
| 2019 | 18.04% | 9.63% | 0.73x | 2.56x | NT$450.51 Million |
| 2020 | 17.03% | 9.55% | 0.71x | 2.51x | NT$409.58 Million |
| 2021 | 19.67% | 10.49% | 0.82x | 2.28x | NT$679.23 Million |
| 2022 | 27.00% | 13.88% | 0.86x | 2.26x | NT$1.37 Billion |
| 2023 | 9.29% | 4.92% | 0.83x | 2.27x | NT$-54.90 Million |
| 2024 | 5.95% | 3.13% | 0.69x | 2.76x | NT$-315.58 Million |
| 2025 | 6.67% | 2.84% | 0.85x | 2.77x | NT$-254.71 Million |
Industry Comparison
This section compares Taiwan Semiconductor Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $202,930,058,900
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Semiconductor Co Ltd (5425) | NT$10.98 Billion | 12.68% | 0.93x | $483.80 Million |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $281.20 Billion | 18.22% | 0.65x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.61 Trillion | 21.92% | 0.40x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $24.66 Billion | 22.38% | 0.79x | $8.99 Billion |
| Optotech Corp (2340) | $7.08 Billion | 9.72% | 0.77x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $166.75 Million |
| Winbond Electronics Corp (2344) | $60.28 Billion | 5.50% | 0.10x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $7.70 Billion | -2.92% | 0.01x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.11 Billion | 17.61% | 0.86x | $8.72 Billion |
About Taiwan Semiconductor Co Ltd
Taiwan Semiconductor Co., Ltd. manufactures and sells rectifiers and bar code printers in Asia, the United States, Europe, and internationally. It offers discrete devices, including schottky rectifier, bridge, standard rectifier, protection diode, MOSFETs, general purpose and low transistor, small signal products, such as zener, switching, and schottky diode. The company also provides amplifier &… Read more