C-Media Electronics (6237) - Net Assets
Based on the latest financial reports, C-Media Electronics (6237) has net assets worth NT$1.50 Billion TWD (≈ $47.28 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$1.58 Billion ≈ $49.77 Million USD) and total liabilities (NT$79.20 Million ≈ $2.50 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 6237 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.50 Billion |
| % of Total Assets | 94.99% |
| Annual Growth Rate | -0.63% |
| 5-Year Change | -20.19% |
| 10-Year Change | N/A |
| Growth Volatility | 7.99 |
C-Media Electronics - Net Assets Trend (2017–2025)
This chart illustrates how C-Media Electronics's net assets have evolved over time, based on quarterly financial data. Also explore C-Media Electronics balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for C-Media Electronics (2017–2025)
The table below shows the annual net assets of C-Media Electronics from 2017 to 2025. For live valuation and market cap data, see C-Media Electronics (6237) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.50 Billion ≈ $47.28 Million |
-10.74% |
| 2024-12-31 | NT$1.68 Billion ≈ $52.96 Million |
+4.19% |
| 2023-12-31 | NT$1.61 Billion ≈ $50.84 Million |
-4.10% |
| 2022-12-31 | NT$1.68 Billion ≈ $53.01 Million |
-10.51% |
| 2021-12-31 | NT$1.88 Billion ≈ $59.24 Million |
+14.45% |
| 2020-12-31 | NT$1.64 Billion ≈ $51.76 Million |
+3.22% |
| 2019-12-31 | NT$1.59 Billion ≈ $50.15 Million |
+4.47% |
| 2018-12-31 | NT$1.52 Billion ≈ $48.00 Million |
-3.50% |
| 2017-12-31 | NT$1.58 Billion ≈ $49.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to C-Media Electronics'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 92.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$28.28 Million | 1.88% |
| Other Components | NT$1.47 Billion | 98.12% |
| Total Equity | NT$1.50 Billion | 100.00% |
C-Media Electronics Competitors by Market Cap
The table below lists competitors of C-Media Electronics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Manali Petrochemicals Limited
NSE:MANALIPETC
|
$99.39 Million |
|
Anixa Biosciences Inc
NASDAQ:ANIX
|
$99.47 Million |
|
My Humble House Hospitality Management Consulting Co Ltd
TW:2739
|
$99.48 Million |
|
Sajodongaone Co Ltd
KO:008040
|
$99.53 Million |
|
Hyosung Chemical Corp
KO:298000
|
$99.33 Million |
|
Miwon Holdings Co. Ltd
KO:107590
|
$99.33 Million |
|
Vittia Fertilizantes
SA:VITT3
|
$99.28 Million |
|
Soma Gold Corp
V:SOMA
|
$99.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in C-Media Electronics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,640,306,000 to 1,500,596,000, a change of -139,710,000 (-8.5%).
- Net loss of 121,400,000 reduced equity.
- Dividend payments of 19,911,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-121.40 Million | -8.09% |
| Dividends Paid | NT$19.91 Million | -1.33% |
| Other Changes | NT$1.60 Million | +0.11% |
| Total Change | NT$- | -8.52% |
Book Value vs Market Value Analysis
This analysis compares C-Media Electronics'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: 2.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.98x to 2.10x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$19.99 | NT$39.60 | x |
| 2018-12-31 | NT$19.27 | NT$39.60 | x |
| 2019-12-31 | NT$18.57 | NT$39.60 | x |
| 2020-12-31 | NT$20.89 | NT$39.60 | x |
| 2021-12-31 | NT$23.87 | NT$39.60 | x |
| 2022-12-31 | NT$21.69 | NT$39.60 | x |
| 2023-12-31 | NT$20.75 | NT$39.60 | x |
| 2024-12-31 | NT$20.60 | NT$39.60 | x |
| 2025-12-31 | NT$18.84 | NT$39.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently C-Media Electronics 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): -8.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.22%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.05x
- Recent ROE (-8.09%) is below the historical average (2.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 11.52% | 49.44% | 0.22x | 1.08x | NT$23.95 Million |
| 2018 | -1.69% | -5.32% | 0.29x | 1.10x | NT$-178.03 Million |
| 2019 | -3.26% | -11.91% | 0.25x | 1.09x | NT$-194.77 Million |
| 2020 | 11.59% | 23.15% | 0.45x | 1.11x | NT$26.08 Million |
| 2021 | 24.06% | 30.15% | 0.70x | 1.14x | NT$264.39 Million |
| 2022 | -7.53% | -17.46% | 0.40x | 1.09x | NT$-294.92 Million |
| 2023 | -6.46% | -24.97% | 0.24x | 1.07x | NT$-265.66 Million |
| 2024 | -1.32% | -4.82% | 0.25x | 1.07x | NT$-185.67 Million |
| 2025 | -8.09% | -24.22% | 0.32x | 1.05x | NT$-271.46 Million |
Industry Comparison
This section compares C-Media Electronics's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $249,380,890,400
- Average return on equity (ROE) among peers: 7.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| C-Media Electronics (6237) | NT$1.50 Billion | 11.52% | 0.05x | $99.37 Million |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $214.04 Billion | 4.50% | 0.84x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.77 Billion | 0.00% | 3.01x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $2.15 Trillion | 27.53% | 0.73x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $32.49 Billion | 9.27% | 0.87x | $8.99 Billion |
| Optotech Corp (2340) | $7.17 Billion | 6.32% | 0.69x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $2.34 Billion | 10.49% | 0.67x | $166.75 Million |
| Winbond Electronics Corp (2344) | $40.10 Billion | 8.21% | 0.56x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $17.51 Billion | -1.71% | 0.00x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.82 Billion | 13.32% | 1.43x | $8.72 Billion |
About C-Media Electronics
C-Media Electronics Inc., together with its subsidiaries, engages in the design, manufacturing, and sales of electronic components and integrated circuits in Taiwan, Mainland China, and internationally. The company offers USB audio codecs, USB audio controllers, USB speaker amplifiers, Codec, and audio digital signal processing. It is involved in the import and export of electronic components, in… Read more