Chunghwa Precision Test Tech Co Ltd
Chunghwa Precision Test Tech. Co., Ltd., together with its subsidiaries, engages in the testing of semiconductor components in Taiwan, Republic of China, and internationally. The company is involved in the design, processing, assembly, production, and sale of printed circuit boards and related consultation services; and markets electronic products. It also offers probe cards for use in wafer test… Read more
Chunghwa Precision Test Tech Co Ltd (6510) - Net Assets
Latest net assets as of December 2025: NT$8.78 Billion TWD
Based on the latest financial reports, Chunghwa Precision Test Tech Co Ltd (6510) has net assets worth NT$8.78 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$9.95 Billion) and total liabilities (NT$1.17 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$8.78 Billion |
| % of Total Assets | 88.24% |
| Annual Growth Rate | 5.41% |
| 5-Year Change | 16.37% |
| 10-Year Change | N/A |
| Growth Volatility | 4.18 |
Chunghwa Precision Test Tech Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Chunghwa Precision Test Tech 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 Chunghwa Precision Test Tech Co Ltd (2017–2025)
The table below shows the annual net assets of Chunghwa Precision Test Tech Co Ltd from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$8.78 Billion | +8.97% |
| 2024-12-31 | NT$8.06 Billion | +6.39% |
| 2023-12-31 | NT$7.57 Billion | -4.85% |
| 2022-12-31 | NT$7.96 Billion | +5.49% |
| 2021-12-31 | NT$7.55 Billion | +7.03% |
| 2020-12-31 | NT$7.05 Billion | +9.40% |
| 2019-12-31 | NT$6.44 Billion | +4.76% |
| 2018-12-31 | NT$6.15 Billion | +6.74% |
| 2017-12-31 | NT$5.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chunghwa Precision Test Tech 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 154.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.85 Billion | 43.90% |
| Other Components | NT$4.92 Billion | 56.10% |
| Total Equity | NT$8.77 Billion | 100.00% |
Chunghwa Precision Test Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Chunghwa Precision Test Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Independent Bank Group Inc
NASDAQ:IBTX
|
$2.42 Billion |
|
Loar Holdings Inc.
NYSE:LOAR
|
$2.42 Billion |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378
|
$2.43 Billion |
|
Ingevity Corp
NYSE:NGVT
|
$2.43 Billion |
|
Hercules Capital Inc
NYSE:HTGC
|
$2.42 Billion |
|
Alior Bank S.A.
WAR:ALR
|
$2.42 Billion |
|
Telix Pharmaceuticals Limited
PINK:TLPPF
|
$2.42 Billion |
|
Tianjin Zhongxin Pharmaceutical Group Corp Ltd
SHG:600329
|
$2.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chunghwa Precision Test Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,036,992,000 to 8,770,432,000, a change of 733,440,000 (9.1%).
- Net income of 997,181,000 contributed positively to equity growth.
- Dividend payments of 255,754,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$997.18 Million | +11.37% |
| Dividends Paid | NT$255.75 Million | -2.92% |
| Other Changes | NT$-7.99 Million | -0.09% |
| Total Change | NT$- | 9.13% |
Book Value vs Market Value Analysis
This analysis compares Chunghwa Precision Test Tech 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: 14.41x
- 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 21.93x to 14.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$175.75 | NT$3855.00 | x |
| 2018-12-31 | NT$187.60 | NT$3855.00 | x |
| 2019-12-31 | NT$196.53 | NT$3855.00 | x |
| 2020-12-31 | NT$213.82 | NT$3855.00 | x |
| 2021-12-31 | NT$228.95 | NT$3855.00 | x |
| 2022-12-31 | NT$238.86 | NT$3855.00 | x |
| 2023-12-31 | NT$229.45 | NT$3855.00 | x |
| 2024-12-31 | NT$245.11 | NT$3855.00 | x |
| 2025-12-31 | NT$267.48 | NT$3855.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chunghwa Precision Test Tech 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): 11.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.75%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.13x
- Recent ROE (11.37%) is above the historical average (9.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.78% | 23.68% | 0.47x | 1.16x | NT$160.10 Million |
| 2018 | 11.64% | 21.84% | 0.46x | 1.17x | NT$100.92 Million |
| 2019 | 9.70% | 18.46% | 0.44x | 1.20x | NT$-19.23 Million |
| 2020 | 13.24% | 22.19% | 0.52x | 1.15x | NT$228.71 Million |
| 2021 | 11.82% | 21.03% | 0.49x | 1.16x | NT$137.24 Million |
| 2022 | 9.77% | 17.56% | 0.49x | 1.15x | NT$-17.75 Million |
| 2023 | 0.43% | 1.13% | 0.35x | 1.10x | NT$-720.19 Million |
| 2024 | 6.34% | 14.14% | 0.39x | 1.14x | NT$-293.99 Million |
| 2025 | 11.37% | 20.75% | 0.48x | 1.13x | NT$120.14 Million |
Industry Comparison
This section compares Chunghwa Precision Test Tech Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $3,963,876,800
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chunghwa Precision Test Tech Co Ltd (6510) | NT$8.78 Billion | 12.78% | 0.13x | $2.42 Billion |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.31 Billion | -10.40% | 0.55x | $285.76 Million |
| Greatek Electronics Inc (2441) | $9.68 Billion | 16.62% | 0.10x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |