GlobalWafers Co Ltd
GlobalWafers Co., Ltd., together with its subsidiaries, researches, develops, designs, manufactures and sells semiconductor ingots and wafers in Taiwan and internationally. The company offers silicon ingots; and annealed, epitaxial, diffusion, compound, polished, and SOI wafers. It also provides technical and management information consulting services. The company was founded in 1981 and is based… Read more
GlobalWafers Co Ltd (6488) - Net Assets
Latest net assets as of June 2025: NT$84.88 Billion TWD
Based on the latest financial reports, GlobalWafers Co Ltd (6488) has net assets worth NT$84.88 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$206.36 Billion) and total liabilities (NT$121.48 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$84.88 Billion |
| % of Total Assets | 41.13% |
| Annual Growth Rate | 17.66% |
| 5-Year Change | 106.16% |
| 10-Year Change | 444.27% |
| Growth Volatility | 31.41 |
GlobalWafers Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how GlobalWafers 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 GlobalWafers Co Ltd (2012–2024)
The table below shows the annual net assets of GlobalWafers Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$91.03 Billion | +36.98% |
| 2023-12-31 | NT$66.45 Billion | +22.33% |
| 2022-12-31 | NT$54.32 Billion | +19.05% |
| 2021-12-31 | NT$45.63 Billion | +3.34% |
| 2020-12-31 | NT$44.15 Billion | -2.04% |
| 2019-12-31 | NT$45.07 Billion | +4.44% |
| 2018-12-31 | NT$43.16 Billion | +26.73% |
| 2017-12-31 | NT$34.05 Billion | +115.28% |
| 2016-12-31 | NT$15.82 Billion | -5.42% |
| 2015-12-31 | NT$16.72 Billion | +26.69% |
| 2014-12-31 | NT$13.20 Billion | -1.65% |
| 2013-12-31 | NT$13.42 Billion | +3.85% |
| 2012-12-31 | NT$12.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GlobalWafers 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 grown by 2748.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$30.57 Billion | 33.59% |
| Other Components | NT$60.46 Billion | 66.41% |
| Total Equity | NT$91.03 Billion | 100.00% |
GlobalWafers Co Ltd Competitors by Market Cap
The table below lists competitors of GlobalWafers Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mapletree Logistics Trust
PINK:MAPGF
|
$3.29 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
$3.30 Billion |
|
Spar Nord Bank
CO:SPNO
|
$3.30 Billion |
|
SK Innovation Co Ltd Pref
KO:096775
|
$3.30 Billion |
|
Kintetsu Group Holdings Co.Ltd
F:KKI
|
$3.29 Billion |
|
Baic Bluepark New Energy Technology
SHG:600733
|
$3.29 Billion |
|
Axonics Inc
F:0I3
|
$3.29 Billion |
|
TERNS PHARMACEUT.DL-0001
F:430
|
$3.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GlobalWafers Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,449,565,000 to 91,030,916,000, a change of 24,581,351,000 (37.0%).
- Net income of 9,846,070,000 contributed positively to equity growth.
- Dividend payments of 8,748,161,000 reduced retained earnings.
- New share issuances of 21,891,434,000 increased equity.
- Other comprehensive income decreased equity by 8,757,912,000.
- Other factors increased equity by 10,349,920,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$9.85 Billion | +10.82% |
| Dividends Paid | NT$8.75 Billion | -9.61% |
| Share Issuances | NT$21.89 Billion | +24.05% |
| Other Comprehensive Income | NT$-8.76 Billion | -9.62% |
| Other Changes | NT$10.35 Billion | +11.37% |
| Total Change | NT$- | 36.99% |
Book Value vs Market Value Analysis
This analysis compares GlobalWafers 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: 2.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.81x to 2.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | NT$44.08 | NT$432.50 | x |
| 2013-12-31 | NT$41.01 | NT$432.50 | x |
| 2014-12-31 | NT$41.39 | NT$432.50 | x |
| 2015-12-31 | NT$47.26 | NT$432.50 | x |
| 2016-12-31 | NT$42.66 | NT$432.50 | x |
| 2017-12-31 | NT$81.72 | NT$432.50 | x |
| 2018-12-31 | NT$98.24 | NT$432.50 | x |
| 2019-12-31 | NT$103.08 | NT$432.50 | x |
| 2020-12-31 | NT$101.20 | NT$432.50 | x |
| 2021-12-31 | NT$98.57 | NT$432.50 | x |
| 2022-12-31 | NT$117.27 | NT$432.50 | x |
| 2023-12-31 | NT$146.98 | NT$432.50 | x |
| 2024-12-31 | NT$190.40 | NT$432.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GlobalWafers Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.72%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.47x
- Recent ROE (10.82%) is below the historical average (19.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 7.58% | 6.98% | 0.59x | 1.84x | NT$-312.14 Million |
| 2013 | 14.72% | 12.69% | 0.75x | 1.54x | NT$633.74 Million |
| 2014 | 15.87% | 13.16% | 0.74x | 1.62x | NT$775.35 Million |
| 2015 | 12.22% | 13.35% | 0.64x | 1.42x | NT$371.73 Million |
| 2016 | 5.96% | 5.10% | 0.30x | 3.84x | NT$-637.99 Million |
| 2017 | 15.49% | 11.41% | 0.66x | 2.06x | NT$1.87 Billion |
| 2018 | 31.60% | 23.08% | 0.66x | 2.08x | NT$9.32 Billion |
| 2019 | 30.28% | 23.49% | 0.60x | 2.14x | NT$9.14 Billion |
| 2020 | 29.68% | 23.67% | 0.58x | 2.15x | NT$8.69 Billion |
| 2021 | 26.01% | 19.42% | 0.41x | 3.30x | NT$7.31 Billion |
| 2022 | 28.29% | 21.86% | 0.41x | 3.12x | NT$9.93 Billion |
| 2023 | 29.75% | 27.99% | 0.37x | 2.84x | NT$13.13 Billion |
| 2024 | 10.82% | 15.72% | 0.28x | 2.47x | NT$742.98 Million |
Industry Comparison
This section compares GlobalWafers Co Ltd'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 |
|---|---|---|---|---|
| GlobalWafers Co Ltd (6488) | NT$84.88 Billion | 7.58% | 1.43x | $3.29 Billion |
| 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 |