Calitech Co Ltd (6532) - Net Assets
Based on the latest financial reports, Calitech Co Ltd (6532) has net assets worth NT$1.27 Billion TWD (≈ $40.11 Million 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$1.57 Billion ≈ $49.38 Million USD) and total liabilities (NT$294.20 Million ≈ $9.27 Million 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. Also explore 6532 total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.27 Billion |
| % of Total Assets | 81.23% |
| Annual Growth Rate | 13.14% |
| 5-Year Change | 54.4% |
| 10-Year Change | N/A |
| Growth Volatility | 6.84 |
Calitech Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Calitech Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 6532 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Calitech Co Ltd (2017–2025)
The table below shows the annual net assets of Calitech Co Ltd from 2017 to 2025. For live valuation and market cap data, see 6532 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.27 Billion ≈ $40.11 Million |
+16.88% |
| 2024-12-31 | NT$1.09 Billion ≈ $34.32 Million |
+5.96% |
| 2023-12-31 | NT$1.03 Billion ≈ $32.39 Million |
+8.52% |
| 2022-12-31 | NT$947.35 Million ≈ $29.85 Million |
+14.89% |
| 2021-12-31 | NT$824.58 Million ≈ $25.98 Million |
+2.91% |
| 2020-12-31 | NT$801.30 Million ≈ $25.25 Million |
+15.92% |
| 2019-12-31 | NT$691.26 Million ≈ $21.78 Million |
+26.02% |
| 2018-12-31 | NT$548.55 Million ≈ $17.28 Million |
+15.68% |
| 2017-12-31 | NT$474.21 Million ≈ $14.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Calitech 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 431.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$537.97 Million | 42.25% |
| Other Components | NT$735.22 Million | 57.75% |
| Total Equity | NT$1.27 Billion | 100.00% |
Calitech Co Ltd Competitors by Market Cap
The table below lists competitors of Calitech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Everest Industries Limited
NSE:EVERESTIND
|
$77.27 Million |
|
Autopistas del Sol
BA:AUSO
|
$77.28 Million |
|
Carlo Gavazzi Holding AG
SW:GAV
|
$77.31 Million |
|
Country View Bhd
KLSE:5049
|
$77.33 Million |
|
Ba Ria Vung Tau House Development JSC
VN:HDC
|
$77.25 Million |
|
Solitario Exploration & Royalty Corp
NYSE MKT:XPL
|
$77.25 Million |
|
Cheryong Industrial Co.Ltd
KQ:147830
|
$77.23 Million |
|
Kyung Dong Pharmaceutical Co. Ltd
KQ:011040
|
$77.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Calitech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,089,297,000 to 1,273,186,000, a change of 183,889,000 (16.9%).
- Net income of 273,879,000 contributed positively to equity growth.
- Dividend payments of 97,357,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$273.88 Million | +21.51% |
| Dividends Paid | NT$97.36 Million | -7.65% |
| Other Changes | NT$7.37 Million | +0.58% |
| Total Change | NT$- | 16.88% |
Book Value vs Market Value Analysis
This analysis compares Calitech 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: 1.93x
- 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 4.37x to 1.93x 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$14.99 | NT$65.50 | x |
| 2018-12-31 | NT$17.34 | NT$65.50 | x |
| 2019-12-31 | NT$17.67 | NT$65.50 | x |
| 2020-12-31 | NT$22.07 | NT$65.50 | x |
| 2021-12-31 | NT$21.97 | NT$65.50 | x |
| 2022-12-31 | NT$25.12 | NT$65.50 | x |
| 2023-12-31 | NT$27.28 | NT$65.50 | x |
| 2024-12-31 | NT$29.09 | NT$65.50 | x |
| 2025-12-31 | NT$34.00 | NT$65.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Calitech 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): 21.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.58%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.23x
- Recent ROE (21.51%) is above the historical average (15.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.22% | 15.87% | 0.61x | 1.26x | NT$10.54 Million |
| 2018 | 19.93% | 23.22% | 0.69x | 1.25x | NT$54.50 Million |
| 2019 | 14.87% | 18.18% | 0.66x | 1.24x | NT$27.24 Million |
| 2020 | 12.91% | 18.88% | 0.56x | 1.22x | NT$23.28 Million |
| 2021 | 11.51% | 18.76% | 0.48x | 1.27x | NT$12.43 Million |
| 2022 | 19.07% | 27.26% | 0.52x | 1.33x | NT$85.95 Million |
| 2023 | 13.02% | 19.30% | 0.58x | 1.17x | NT$31.09 Million |
| 2024 | 13.84% | 20.95% | 0.56x | 1.17x | NT$41.83 Million |
| 2025 | 21.51% | 40.58% | 0.43x | 1.23x | NT$146.56 Million |
Industry Comparison
This section compares Calitech 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: $5,094,908,900
- Average return on equity (ROE) among peers: 9.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Calitech Co Ltd (6532) | NT$1.27 Billion | 12.22% | 0.23x | $77.27 Million |
| Rectron Ltd (2302) | $2.45 Billion | 0.00% | 0.45x | $192.55 Million |
| Taiwan Mask Corp (2338) | $4.70 Billion | 15.81% | 0.66x | $320.32 Million |
| SDI Corp (2351) | $6.01 Billion | 5.81% | 0.76x | $834.94 Million |
| Lingsen Precision Industries Ltd (2369) | $5.94 Billion | -3.49% | 0.37x | $346.83 Million |
| Greatek Electronics Inc (2441) | $16.22 Billion | 14.65% | 0.16x | $1.80 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $3.46 Billion | 14.82% | 0.16x | $1.70 Billion |
| Pan Jit International Inc (2481) | $4.10 Billion | 7.99% | 1.53x | $1.41 Billion |
| Ampoc Far-East Co Ltd (2493) | $3.00 Billion | 23.01% | 0.66x | $1.03 Billion |
| Episil-Precision Inc (3016) | $753.67 Million | 4.37% | 0.45x | $726.34 Million |
| Zenitron Corp (3028) | $4.31 Billion | 7.44% | 1.71x | $459.68 Million |
About Calitech Co Ltd
Calitech Co., Ltd. develops technology solutions for semiconductor, III/V, MEMS, LED, and display industries in Taiwan, Mainland China, Singapore, the United States, Malaysia, Japan, Germany, and internationally. It offers semiconductor critical components for applications in chemical mechanical polishing, etching, and chemical and physical vapor deposition. The company also provides systems, suc… Read more