Analog Integrations Corporation
Analog Integrations Corporation, a fabless IC company, designs, manufactures, tests, and markets analog integrated circuits in Taiwan. The company offers power conversion products, including low and ultra-low dropout linear regulators, DDR regulators, and voltage references; DC/DC converters for high power and portable applications; and LED backlights and lighting solutions. It also provides powe… Read more
Analog Integrations Corporation (6291) - Net Assets
Latest net assets as of June 2024: NT$1.27 Billion TWD
Based on the latest financial reports, Analog Integrations Corporation (6291) has net assets worth NT$1.27 Billion TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.08 Billion) and total liabilities (NT$806.88 Million). 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$1.27 Billion |
| % of Total Assets | 61.17% |
| Annual Growth Rate | 45.07% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 202.28 |
Analog Integrations Corporation - Net Assets Trend (2020–2023)
This chart illustrates how Analog Integrations Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Analog Integrations Corporation (2020–2023)
The table below shows the annual net assets of Analog Integrations Corporation from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$1.43 Billion | +34.70% |
| 2022-12-31 | NT$1.06 Billion | +411.39% |
| 2021-12-31 | NT$207.48 Million | -55.72% |
| 2020-12-31 | NT$468.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Analog Integrations Corporation'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 68950200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$550.89 Million | 38.61% |
| Common Stock | NT$420.00 Million | 29.43% |
| Other Components | NT$456.11 Million | 31.96% |
| Total Equity | NT$1.43 Billion | 100.00% |
Analog Integrations Corporation Competitors by Market Cap
The table below lists competitors of Analog Integrations Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Y mAbs Therapeutics
NASDAQ:YMAB
|
$162.66 Million |
|
Peoples Bancorp of North Carolina
NASDAQ:PEBK
|
$162.70 Million |
|
Dynamix Corporation Unit
NASDAQ:DYNXU
|
$162.78 Million |
|
Nihon Chouzai Co.Ltd
PINK:NHCZF
|
$162.79 Million |
|
Isik Plastik Sanayi ve Dis Ticaret Pazarlama AS
IS:ISKPL
|
$162.62 Million |
|
Oriental Kopi Holdings Berhad
KLSE:0338
|
$162.62 Million |
|
Taiwan Fu Hsing Industrial Co Ltd
TW:9924
|
$162.62 Million |
|
Bijou Brigitte modische Accessoires Aktiengesellschaft
XETRA:BIJ
|
$162.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Analog Integrations Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,057,582,000 to 1,426,998,000, a change of 369,416,000 (34.9%).
- Net income of 433,381,000 contributed positively to equity growth.
- Dividend payments of 63,000,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$433.38 Million | +30.37% |
| Dividends Paid | NT$63.00 Million | -4.41% |
| Other Changes | NT$-965.00K | -0.07% |
| Total Change | NT$- | 34.93% |
Book Value vs Market Value Analysis
This analysis compares Analog Integrations Corporation'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: 10.06x
- 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 13.17x to 10.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$25.85 | NT$340.50 | x |
| 2021-12-31 | NT$6.47 | NT$340.50 | x |
| 2022-12-31 | NT$27.05 | NT$340.50 | x |
| 2023-12-31 | NT$33.85 | NT$340.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Analog Integrations Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 30.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.99%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.45x
- Recent ROE (30.37%) is above the historical average (17.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 4.32% | 2.14% | 1.02x | 1.98x | NT$-26.43 Million |
| 2021 | 18.46% | 3.62% | 0.96x | 5.32x | NT$17.30 Million |
| 2022 | 17.06% | 12.74% | 0.97x | 1.38x | NT$74.68 Million |
| 2023 | 30.37% | 19.99% | 1.05x | 1.45x | NT$290.68 Million |
Industry Comparison
This section compares Analog Integrations Corporation's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Analog Integrations Corporation (6291) | NT$1.27 Billion | 4.32% | 0.63x | $162.63 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |