GlobalWafers Co Ltd (6488) - Net Assets
Based on the latest financial reports, GlobalWafers Co Ltd (6488) has net assets worth NT$93.30 Billion TWD (≈ $2.94 Billion 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$218.34 Billion ≈ $6.88 Billion USD) and total liabilities (NT$125.05 Billion ≈ $3.94 Billion 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 6488 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$93.30 Billion |
| % of Total Assets | 42.73% |
| Annual Growth Rate | 16.42% |
| 5-Year Change | 104.45% |
| 10-Year Change | 489.78% |
| Growth Volatility | 30.57 |
GlobalWafers Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how GlobalWafers Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can GlobalWafers Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for GlobalWafers Co Ltd (2012–2025)
The table below shows the annual net assets of GlobalWafers Co Ltd from 2012 to 2025. For live valuation and market cap data, see market value of GlobalWafers Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$93.30 Billion ≈ $2.94 Billion |
+2.49% |
| 2024-12-31 | NT$91.03 Billion ≈ $2.87 Billion |
+36.98% |
| 2023-12-31 | NT$66.45 Billion ≈ $2.09 Billion |
+22.33% |
| 2022-12-31 | NT$54.32 Billion ≈ $1.71 Billion |
+19.05% |
| 2021-12-31 | NT$45.63 Billion ≈ $1.44 Billion |
+3.34% |
| 2020-12-31 | NT$44.15 Billion ≈ $1.39 Billion |
-2.04% |
| 2019-12-31 | NT$45.07 Billion ≈ $1.42 Billion |
+4.44% |
| 2018-12-31 | NT$43.16 Billion ≈ $1.36 Billion |
+26.73% |
| 2017-12-31 | NT$34.05 Billion ≈ $1.07 Billion |
+115.28% |
| 2016-12-31 | NT$15.82 Billion ≈ $498.37 Million |
-5.42% |
| 2015-12-31 | NT$16.72 Billion ≈ $526.92 Million |
+26.69% |
| 2014-12-31 | NT$13.20 Billion ≈ $415.90 Million |
-1.65% |
| 2013-12-31 | NT$13.42 Billion ≈ $422.86 Million |
+3.85% |
| 2012-12-31 | NT$12.92 Billion ≈ $407.20 Million |
-- |
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 2435.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$27.21 Billion | 29.17% |
| Other Components | NT$66.09 Billion | 70.83% |
| Total Equity | NT$93.30 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 |
|---|---|
|
Ke Holdings Inc
NYSE:BEKE
|
$16.57 Billion |
|
PTT Exploration and Production Public Company Limited
BK:PTTEP
|
$16.58 Billion |
|
STRAUM.HLD.UNSP.ADR/1/10
F:QS50
|
$16.59 Billion |
|
Halliburton Co
BA:HAL
|
$16.59 Billion |
|
Datang International Power Generation Co Ltd Class A
SHG:601991
|
$16.56 Billion |
|
Heineken Holding NV
AS:HEIO
|
$16.55 Billion |
|
Samvardhana Motherson International Limited
NSE:MOTHERSON
|
$16.53 Billion |
|
Unibail-Rodamco-Westfield
AU:URW
|
$16.52 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 2024 to 2025, total equity changed from 91,030,916,000 to 93,298,545,000, a change of 2,267,629,000 (2.5%).
- Net income of 7,312,028,000 contributed positively to equity growth.
- Dividend payments of 5,259,251,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$7.31 Billion | +7.84% |
| Dividends Paid | NT$5.26 Billion | -5.64% |
| Other Changes | NT$214.85 Million | +0.23% |
| Total Change | NT$- | 2.49% |
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: 5.64x
- 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 24.95x to 5.64x 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$1100.00 | x |
| 2013-12-31 | NT$41.01 | NT$1100.00 | x |
| 2014-12-31 | NT$41.39 | NT$1100.00 | x |
| 2015-12-31 | NT$47.26 | NT$1100.00 | x |
| 2016-12-31 | NT$42.66 | NT$1100.00 | x |
| 2017-12-31 | NT$81.72 | NT$1100.00 | x |
| 2018-12-31 | NT$98.24 | NT$1100.00 | x |
| 2019-12-31 | NT$103.08 | NT$1100.00 | x |
| 2020-12-31 | NT$101.20 | NT$1100.00 | x |
| 2021-12-31 | NT$98.57 | NT$1100.00 | x |
| 2022-12-31 | NT$117.27 | NT$1100.00 | x |
| 2023-12-31 | NT$146.98 | NT$1100.00 | x |
| 2024-12-31 | NT$190.40 | NT$1100.00 | x |
| 2025-12-31 | NT$195.14 | NT$1100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GlobalWafers Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.07%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.34x
- Recent ROE (7.84%) is below the historical average (19.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 7.58% | 6.98% | 0.59x | 1.84x | NT$-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$742.98 Million |
| 2025 | 7.84% | 12.07% | 0.28x | 2.34x | NT$-2.02 Billion |
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: $92,283,078,100
- Average return on equity (ROE) among peers: -5.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GlobalWafers Co Ltd (6488) | NT$93.30 Billion | 7.58% | 1.34x | $16.57 Billion |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $17.41 Million |
| United Microelectronics Corporation (2303) | $214.10 Billion | 1.81% | 0.18x | $55.44 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.13 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $578.70 Billion | 27.93% | 0.24x | $1.95 Trillion |
| Macronix International Co Ltd (2337) | $18.43 Billion | -22.72% | 1.04x | $9.43 Billion |
| Optotech Corp (2340) | $6.01 Billion | 5.81% | 0.81x | $531.12 Million |
| Mosel Vitelic Inc (2342) | $31.49 Billion | 0.00% | 1.13x | $249.14 Million |
| Winbond Electronics Corp (2344) | $34.42 Billion | -25.03% | 0.96x | $28.21 Billion |
| Silicon Integrated Systems Corp (2363) | $9.58 Billion | -65.65% | 0.06x | $957.27 Million |
| Realtek Semiconductor Corp (2379) | $24.65 Billion | 17.65% | 1.36x | $12.04 Billion |
About GlobalWafers Co Ltd
GlobalWafers Co., Ltd., together with its subsidiaries, researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally. The company offers Epi wafers, polished wafers, diffusion wafers, annealed wafers, SOI wafers, FZ wafers, and compound wafers, as well as epitaxial wafer and silicon ingot. It also provides technical and management information con… Read more