Glotech Industrial Net Assets
Glotech Industrial net assets. Based on the latest financial reports, Glotech Industrial (5475) has net assets worth NT$944.00 Million TWD (≈ $29.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.62 Billion ≈ $82.61 Million USD) and total liabilities (NT$1.68 Billion ≈ $52.87 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. Also explore Glotech Industrial annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$944.00 Million |
| % of Total Assets | 36.0% |
| Annual Growth Rate | 5.31% |
| 5-Year Change | -13.53% |
| 10-Year Change | N/A |
| Growth Volatility | 33.42 |
Net Assets of Glotech Industrial (2019–2025)
Net assets of Glotech Industrial from 2019 to 2025. This chart illustrates how Glotech Industrial's net assets have evolved over time, based on quarterly financial data. See 5475 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Glotech Industrial (2019–2025)
The table below shows the annual net assets of Glotech Industrial from 2019 to 2025. For live market cap and overall valuation, see market cap of Glotech Industrial.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$883.96 Million ≈ $27.85 Million |
-1.76% |
| 2024-12-31 | NT$899.81 Million ≈ $28.35 Million |
+1.96% |
| 2023-12-31 | NT$882.47 Million ≈ $27.80 Million |
-20.94% |
| 2022-12-31 | NT$1.12 Billion ≈ $35.16 Million |
+9.18% |
| 2021-12-31 | NT$1.02 Billion ≈ $32.21 Million |
+80.88% |
| 2020-12-31 | NT$565.18 Million ≈ $17.81 Million |
-12.80% |
| 2019-12-31 | NT$648.16 Million ≈ $20.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Glotech Industrial'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 5015400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Glotech Industrial Net Assets Breakdown (December 2025)
Glotech Industrial net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.93 Billion | 216.27% |
| Total Equity | NT$892.11 Million | 100.00% |
Glotech Industrial Competitors by Market Cap
The table below lists competitors of Glotech Industrial ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kale Environmental Technology (Shanghai) Corporation
SHE:301070
|
$709.17 Million |
|
Hiconics Drive Tech Co
SHE:300048
|
$709.19 Million |
|
Autoneum Holding AG
SW:AUTN
|
$709.34 Million |
|
Truecaller AB (publ)
ST:TRUE-B
|
$709.60 Million |
|
ZYLOX-TONBRDG.MED.TECH.H1
F:818
|
$708.79 Million |
|
Xiamen XGMA Machinery Co Ltd
SHG:600815
|
$708.72 Million |
|
China Bills Finance Corp
TW:2820
|
$708.70 Million |
|
Root Inc
NASDAQ:ROOT
|
$708.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glotech Industrial's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 907,533,000 to 892,105,000, a change of -15,428,000 (-1.7%).
- Net loss of 20,690,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-20.69 Million | -2.32% |
| Other Changes | NT$5.26 Million | +0.59% |
| Total Change | NT$- | -1.70% |
Book Value vs Market Value Analysis
This analysis compares Glotech Industrial'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: 25.22x
- 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 35.79x to 25.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$4.95 | NT$177.00 | x |
| 2020-12-31 | NT$4.33 | NT$177.00 | x |
| 2021-12-31 | NT$8.03 | NT$177.00 | x |
| 2022-12-31 | NT$8.86 | NT$177.00 | x |
| 2023-12-31 | NT$6.99 | NT$177.00 | x |
| 2024-12-31 | NT$7.14 | NT$177.00 | x |
| 2025-12-31 | NT$7.02 | NT$177.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glotech Industrial utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.36%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.56x
- Recent ROE (-2.32%) is above the historical average (-15.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -64.26% | -36.39% | 0.41x | 4.28x | NT$-466.88 Million |
| 2020 | -16.06% | -14.05% | 0.36x | 3.13x | NT$-143.43 Million |
| 2021 | 46.44% | 24.25% | 0.81x | 2.35x | NT$372.13 Million |
| 2022 | -30.62% | -51.51% | 0.31x | 1.94x | NT$-457.48 Million |
| 2023 | -23.92% | -39.46% | 0.28x | 2.17x | NT$-301.61 Million |
| 2024 | -18.99% | -31.24% | 0.28x | 2.17x | NT$-263.05 Million |
| 2025 | -2.32% | -2.36% | 0.38x | 2.56x | NT$-109.90 Million |
Industry Comparison
This section compares Glotech Industrial's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $16,212,508,900
- Average return on equity (ROE) among peers: 8.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glotech Industrial (5475) | NT$944.00 Million | -64.26% | 1.78x | $708.92 Million |
| San Fang Chemical Industry Co Ltd (1307) | $8.47 Billion | 13.01% | 0.66x | $386.66 Million |
| Universal Inc (1325) | $1.09 Billion | 1.43% | 0.57x | $69.72 Million |
| Fulin Plastic Industry Cayman Holding Co Ltd (1341) | $527.25 Million | 48.43% | 1.78x | $97.57 Million |
| Cathay Consolidated Inc (1342) | $936.36 Million | 19.28% | 0.62x | $242.13 Million |
| Far Eastern New Century Corp (1402) | $121.68 Billion | 6.89% | 1.02x | $4.76 Billion |
| Shinkong Synthetic Fiber Corp (1409) | $23.45 Billion | 2.67% | 2.48x | $1.21 Billion |
| Nan Yang Dyeing & Finishing Co Ltd (1410) | $1.18 Billion | 6.88% | 0.21x | $46.20 Million |
| Hung Chou Fiber Ind Co Ltd (1413) | $1.13 Billion | 21.37% | 1.07x | $38.92 Million |
| Tung Ho Textile Co Ltd (1414) | $3.16 Billion | 1.79% | 0.38x | $108.23 Million |
| Tong-Hwa Synthetic Fiber Co Ltd (1418) | $506.16 Million | -35.57% | 2.56x | $30.29 Million |
About Glotech Industrial
Glotech Industrial Corp. engages in research and development, production, and sale of electronic-grade fiberglass fabrics in Taiwan and internationally. The company offers fiberglass fabric, quartz fiber yarn and fabric, and composite material products. The company was formerly known as A Johnson Composite Inc. and changed its name to Glotech Industrial Corp. in May 2011. Glotech Industrial Corp.… Read more