Taiwan Union Technology
Taiwan Union Technology Corporation manufactures and sells copper clad laminates in Asia and internationally. The company offers high frequency, extreme low loss, super low loss, very low loss, low loss, and high thermal reliability laminates, as well as mid and standard loss materials, non-flow/ mid-flow prepregs, and printed circuit boards; and provides mass lamination services to the electroni… Read more
Taiwan Union Technology (6274) - Net Assets
Latest net assets as of September 2025: NT$16.24 Billion TWD
Based on the latest financial reports, Taiwan Union Technology (6274) has net assets worth NT$16.24 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$31.05 Billion) and total liabilities (NT$14.81 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$16.24 Billion |
| % of Total Assets | 52.31% |
| Annual Growth Rate | 7.76% |
| 5-Year Change | 30.01% |
| 10-Year Change | 127.88% |
| Growth Volatility | 7.27 |
Taiwan Union Technology - Net Assets Trend (2006–2024)
This chart illustrates how Taiwan Union Technology's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taiwan Union Technology (2006–2024)
The table below shows the annual net assets of Taiwan Union Technology from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$14.34 Billion | +23.81% |
| 2023-12-31 | NT$11.58 Billion | -2.35% |
| 2022-12-31 | NT$11.86 Billion | +1.04% |
| 2021-12-31 | NT$11.74 Billion | +6.43% |
| 2020-12-31 | NT$11.03 Billion | +9.18% |
| 2019-12-31 | NT$10.10 Billion | +23.18% |
| 2018-12-31 | NT$8.20 Billion | +16.86% |
| 2017-12-31 | NT$7.02 Billion | +7.34% |
| 2016-12-31 | NT$6.54 Billion | +3.89% |
| 2015-12-31 | NT$6.29 Billion | +4.91% |
| 2014-12-31 | NT$6.00 Billion | +12.03% |
| 2013-12-31 | NT$5.35 Billion | +12.06% |
| 2012-12-31 | NT$4.78 Billion | +6.46% |
| 2011-12-31 | NT$4.49 Billion | +4.55% |
| 2010-12-31 | NT$4.29 Billion | +5.31% |
| 2009-12-31 | NT$4.08 Billion | -1.78% |
| 2008-12-31 | NT$4.15 Billion | +0.88% |
| 2007-12-31 | NT$4.11 Billion | +10.23% |
| 2006-12-31 | NT$3.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Union Technology'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 409.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$6.49 Billion | 45.25% |
| Other Components | NT$7.85 Billion | 54.75% |
| Total Equity | NT$14.34 Billion | 100.00% |
Taiwan Union Technology Competitors by Market Cap
The table below lists competitors of Taiwan Union Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ISS A/S
OTCGREY:ISFFF
|
$3.92 Billion |
|
Tsinghuatongfang Co Ltd
SHG:600100
|
$3.92 Billion |
|
DLF Limited
NSE:DLF
|
$3.92 Billion |
|
Beijing Teamsun Technology Co Ltd
SHG:600410
|
$3.93 Billion |
|
IES Holdings Inc
NASDAQ:IESC
|
$3.92 Billion |
|
Huadian Power International Corp Ltd Class A
SHG:600027
|
$3.92 Billion |
|
RioCan Real Estate Investment Trust
TO:REI-UN
|
$3.92 Billion |
|
First Financial Bankshares Inc
NASDAQ:FFIN
|
$3.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Union Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,579,522,000 to 14,337,028,000, a change of 2,757,506,000 (23.8%).
- Net income of 2,604,368,000 contributed positively to equity growth.
- Dividend payments of 1,090,000,000 reduced retained earnings.
- New share issuances of 82,010,000 increased equity.
- Other comprehensive income decreased equity by 3,019,999,000.
- Other factors increased equity by 4,181,127,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.60 Billion | +18.17% |
| Dividends Paid | NT$1.09 Billion | -7.6% |
| Share Issuances | NT$82.01 Million | +0.57% |
| Other Comprehensive Income | NT$-3.02 Billion | -21.06% |
| Other Changes | NT$4.18 Billion | +29.16% |
| Total Change | NT$- | 23.81% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Union Technology'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: 10.08x
- 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 33.71x to 10.08x 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$15.75 | NT$531.00 | x |
| 2007-12-31 | NT$17.06 | NT$531.00 | x |
| 2008-12-31 | NT$17.26 | NT$531.00 | x |
| 2009-12-31 | NT$17.51 | NT$531.00 | x |
| 2010-12-31 | NT$18.05 | NT$531.00 | x |
| 2011-12-31 | NT$18.93 | NT$531.00 | x |
| 2012-12-31 | NT$19.88 | NT$531.00 | x |
| 2013-12-31 | NT$22.00 | NT$531.00 | x |
| 2014-12-31 | NT$24.43 | NT$531.00 | x |
| 2015-12-31 | NT$25.28 | NT$531.00 | x |
| 2016-12-31 | NT$26.11 | NT$531.00 | x |
| 2017-12-31 | NT$28.08 | NT$531.00 | x |
| 2018-12-31 | NT$31.19 | NT$531.00 | x |
| 2019-12-31 | NT$37.56 | NT$531.00 | x |
| 2020-12-31 | NT$39.40 | NT$531.00 | x |
| 2021-12-31 | NT$41.35 | NT$531.00 | x |
| 2022-12-31 | NT$41.69 | NT$531.00 | x |
| 2023-12-31 | NT$42.52 | NT$531.00 | x |
| 2024-12-31 | NT$52.70 | NT$531.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Union Technology 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): 18.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.29%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.80x
- Recent ROE (18.17%) is above the historical average (11.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 12.44% | 6.45% | 0.94x | 2.05x | NT$91.10 Million |
| 2007 | 10.20% | 4.70% | 1.06x | 2.05x | NT$8.20 Million |
| 2008 | 3.07% | 1.66% | 1.07x | 1.72x | NT$-287.50 Million |
| 2009 | 0.36% | 0.24% | 0.79x | 1.90x | NT$-392.69 Million |
| 2010 | 8.67% | 3.73% | 1.12x | 2.07x | NT$-57.09 Million |
| 2011 | 4.06% | 1.66% | 1.13x | 2.17x | NT$-266.41 Million |
| 2012 | 9.92% | 4.01% | 1.17x | 2.11x | NT$-3.65 Million |
| 2013 | 11.45% | 5.13% | 1.15x | 1.94x | NT$77.67 Million |
| 2014 | 12.48% | 5.58% | 1.18x | 1.89x | NT$148.97 Million |
| 2015 | 11.94% | 5.82% | 1.19x | 1.72x | NT$122.24 Million |
| 2016 | 13.91% | 6.78% | 1.15x | 1.79x | NT$255.79 Million |
| 2017 | 14.28% | 6.22% | 1.28x | 1.79x | NT$299.93 Million |
| 2018 | 22.40% | 10.32% | 1.14x | 1.90x | NT$1.02 Billion |
| 2019 | 17.35% | 10.00% | 0.97x | 1.78x | NT$742.46 Million |
| 2020 | 16.10% | 9.84% | 0.93x | 1.76x | NT$672.84 Million |
| 2021 | 16.03% | 8.90% | 0.96x | 1.87x | NT$707.57 Million |
| 2022 | 10.64% | 6.83% | 0.93x | 1.67x | NT$75.60 Million |
| 2023 | 7.11% | 5.15% | 0.82x | 1.68x | NT$-334.52 Million |
| 2024 | 18.17% | 11.29% | 0.89x | 1.80x | NT$1.17 Billion |
Industry Comparison
This section compares Taiwan Union Technology's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $187,867,240,100
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Union Technology (6274) | NT$16.24 Billion | 12.44% | 0.91x | $3.92 Billion |
| Syncmold Enterprise Corp (1582) | $4.29 Billion | 16.99% | 0.69x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.39 Billion | 0.00% | 0.90x | $1.40 Billion |
| Delta Electronics Inc (2308) | $325.39 Billion | 20.88% | 0.97x | $80.57 Billion |
| Compeq Manufacturing Co Ltd (2313) | $14.23 Billion | 2.16% | 1.01x | $6.72 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $76.45 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $561.22 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $460.73 Million |
| Solomon Technology Corp (2359) | $5.33 Billion | 8.60% | 0.59x | $417.90 Million |
| Unitech Printed Circuit Board Corp (2367) | $8.30 Billion | -8.42% | 1.39x | $1.40 Billion |
| Gold Circuit Electronics Ltd (2368) | $7.17 Billion | 1.81% | 1.92x | $8.82 Billion |