Motech Industries Co Ltd
Motech Industries Inc. engages in the manufacture and sale of solar products in Taiwan and internationally. It offers solar cells, PV modules, and PV power systems; and manufactures and sells PV inverters. The company was formerly known as Meter International Corporation. Motech Industries Inc. was founded in 1970 and is headquartered in New Taipei City, Taiwan.
Motech Industries Co Ltd (6244) - Net Assets
Latest net assets as of December 2025: NT$4.45 Billion TWD
Based on the latest financial reports, Motech Industries Co Ltd (6244) has net assets worth NT$4.45 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$9.70 Billion) and total liabilities (NT$5.26 Billion). 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$4.45 Billion |
| % of Total Assets | 45.83% |
| Annual Growth Rate | -1.17% |
| 5-Year Change | 35.33% |
| 10-Year Change | -66.57% |
| Growth Volatility | 40.44 |
Motech Industries Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Motech Industries 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 Motech Industries Co Ltd (2006–2025)
The table below shows the annual net assets of Motech Industries Co Ltd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.45 Billion | -1.79% |
| 2024-12-31 | NT$4.53 Billion | +3.99% |
| 2023-12-31 | NT$4.35 Billion | +0.52% |
| 2022-12-31 | NT$4.33 Billion | +31.82% |
| 2021-12-31 | NT$3.29 Billion | +1.36% |
| 2020-12-31 | NT$3.24 Billion | +4.35% |
| 2019-12-31 | NT$3.11 Billion | -31.46% |
| 2018-12-31 | NT$4.53 Billion | -60.31% |
| 2017-12-31 | NT$11.42 Billion | -14.15% |
| 2016-12-31 | NT$13.30 Billion | -8.41% |
| 2015-12-31 | NT$14.52 Billion | +10.76% |
| 2014-12-31 | NT$13.11 Billion | -7.83% |
| 2013-12-31 | NT$14.23 Billion | +2.31% |
| 2012-12-31 | NT$13.90 Billion | -27.27% |
| 2011-12-31 | NT$19.12 Billion | -18.07% |
| 2010-12-31 | NT$23.33 Billion | +65.15% |
| 2009-12-31 | NT$14.13 Billion | +1.63% |
| 2008-12-31 | NT$13.90 Billion | +3.41% |
| 2007-12-31 | NT$13.44 Billion | +141.83% |
| 2006-12-31 | NT$5.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Motech Industries 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 94.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$141.40 Million | 3.24% |
| Other Components | NT$4.22 Billion | 96.76% |
| Total Equity | NT$4.36 Billion | 100.00% |
Motech Industries Co Ltd Competitors by Market Cap
The table below lists competitors of Motech Industries Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangxi Haiyuan Composites Technology Co Ltd
SHE:002529
|
$191.86 Million |
|
Knowit AB
LSE:0GNK
|
$191.88 Million |
|
High Tide Inc
NASDAQ:HITI
|
$191.93 Million |
|
Aurora Design PCL
BK:AURA
|
$191.95 Million |
|
MCBC Holdings Inc
NASDAQ:MCFT
|
$191.75 Million |
|
enGene Holdings Inc. Common Stock
NASDAQ:ENGN
|
$191.67 Million |
|
Ventive Hospitality Ltd
NSE:VENTIVE
|
$191.64 Million |
|
Zhejiang Busen Garments Co Ltd
SHE:002569
|
$191.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Motech Industries Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,446,400,000 to 4,362,718,000, a change of -83,682,000 (-1.9%).
- Net income of 55,137,000 contributed positively to equity growth.
- Dividend payments of 139,335,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$55.14 Million | +1.26% |
| Dividends Paid | NT$139.34 Million | -3.19% |
| Other Changes | NT$516.00K | +0.01% |
| Total Change | NT$- | -1.88% |
Book Value vs Market Value Analysis
This analysis compares Motech Industries 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: 2.86x
- 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 1.18x to 2.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$27.39 | NT$32.20 | x |
| 2007-12-31 | NT$58.80 | NT$32.20 | x |
| 2008-12-31 | NT$57.95 | NT$32.20 | x |
| 2009-12-31 | NT$49.97 | NT$32.20 | x |
| 2010-12-31 | NT$80.12 | NT$32.20 | x |
| 2011-12-31 | NT$64.23 | NT$32.20 | x |
| 2012-12-31 | NT$46.71 | NT$32.20 | x |
| 2013-12-31 | NT$48.05 | NT$32.20 | x |
| 2014-12-31 | NT$44.24 | NT$32.20 | x |
| 2015-12-31 | NT$45.87 | NT$32.20 | x |
| 2016-12-31 | NT$40.53 | NT$32.20 | x |
| 2017-12-31 | NT$32.88 | NT$32.20 | x |
| 2018-12-31 | NT$12.28 | NT$32.20 | x |
| 2019-12-31 | NT$8.37 | NT$32.20 | x |
| 2020-12-31 | NT$8.81 | NT$32.20 | x |
| 2021-12-31 | NT$8.94 | NT$32.20 | x |
| 2022-12-31 | NT$11.53 | NT$32.20 | x |
| 2023-12-31 | NT$11.04 | NT$32.20 | x |
| 2024-12-31 | NT$11.49 | NT$32.20 | x |
| 2025-12-31 | NT$11.27 | NT$32.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Motech Industries 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): 1.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.80%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.22x
- Recent ROE (1.26%) is above the historical average (-8.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 40.61% | 27.52% | 0.91x | 1.63x | NT$1.70 Billion |
| 2007 | 18.21% | 15.58% | 0.89x | 1.32x | NT$1.10 Billion |
| 2008 | 16.63% | 10.09% | 1.05x | 1.57x | NT$917.61 Million |
| 2009 | 1.03% | 0.73% | 0.74x | 1.93x | NT$-1.15 Billion |
| 2010 | 19.60% | 11.70% | 1.09x | 1.53x | NT$2.23 Billion |
| 2011 | -12.93% | -8.71% | 0.83x | 1.79x | NT$-4.35 Billion |
| 2012 | -36.48% | -33.78% | 0.54x | 1.99x | NT$-6.42 Billion |
| 2013 | 1.77% | 1.18% | 0.72x | 2.09x | NT$-1.17 Billion |
| 2014 | -8.05% | -5.28% | 0.73x | 2.09x | NT$-2.37 Billion |
| 2015 | -4.46% | -2.58% | 0.74x | 2.34x | NT$-2.07 Billion |
| 2016 | -6.91% | -3.13% | 0.94x | 2.35x | NT$-2.22 Billion |
| 2017 | -27.05% | -13.07% | 0.76x | 2.72x | NT$-4.15 Billion |
| 2018 | -154.35% | -47.89% | 0.90x | 3.58x | NT$-7.23 Billion |
| 2019 | -44.79% | -25.43% | 0.55x | 3.20x | NT$-1.65 Billion |
| 2020 | 3.47% | 2.99% | 0.48x | 2.40x | NT$-206.85 Million |
| 2021 | 3.32% | 1.82% | 0.67x | 2.72x | NT$-214.63 Million |
| 2022 | 6.30% | 5.00% | 0.56x | 2.25x | NT$-157.61 Million |
| 2023 | 5.10% | 5.37% | 0.47x | 2.01x | NT$-209.77 Million |
| 2024 | 5.29% | 7.30% | 0.33x | 2.17x | NT$-209.34 Million |
| 2025 | 1.26% | 1.80% | 0.32x | 2.22x | NT$-381.13 Million |
Industry Comparison
This section compares Motech Industries Co Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $4,506,463,778
- Average return on equity (ROE) among peers: -6.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Motech Industries Co Ltd (6244) | NT$4.45 Billion | 40.61% | 1.18x | $191.85 Million |
| Gigastorage Corp (2406) | $7.34 Billion | -3.73% | 1.01x | $214.24 Million |
| United Renewable Energy Co Ltd (3576) | $13.11 Billion | -29.67% | 1.19x | $980.87 Million |
| Danen Technology Corp (3686) | $4.78 Billion | -6.85% | 0.63x | $38.94 Million |
| Gigasolar Materials (3691) | $5.22 Billion | -18.27% | 2.15x | $145.51 Million |
| Hsinjing Holding Co Ltd (3713) | $620.93 Million | 5.41% | 1.46x | $29.24 Million |
| Hengs Technology Co., Ltd. (4582) | $1.07 Billion | 22.10% | 1.42x | $38.01 Million |
| Tainergy Tech Co Ltd (4934) | $4.47 Billion | 3.92% | 0.60x | $89.09 Million |
| Win Win Precision Technology Co., Ltd. (4949) | $1.55 Billion | -5.81% | 0.28x | $19.71K |
| TSEC Corp (6443) | $2.39 Billion | -29.28% | 1.63x | $739.29 Million |