Chang Wah Technology Co Ltd Net Assets
Chang Wah Technology Co Ltd net assets. Based on the latest financial reports, Chang Wah Technology Co Ltd (6548) has net assets worth NT$13.51 Billion TWD (≈ $425.49 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$26.67 Billion ≈ $840.33 Million USD) and total liabilities (NT$13.17 Billion ≈ $414.84 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 6548 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$13.51 Billion |
| % of Total Assets | 50.63% |
| Annual Growth Rate | 44.12% |
| 5-Year Change | 36.29% |
| 10-Year Change | 1087.06% |
| Growth Volatility | 118.48 |
Net Assets of Chang Wah Technology Co Ltd (2012–2025)
Net assets of Chang Wah Technology Co Ltd from 2012 to 2025. This chart illustrates how Chang Wah Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Chang Wah Technology Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Chang Wah Technology Co Ltd (2012–2025)
The table below shows the annual net assets of Chang Wah Technology Co Ltd from 2012 to 2025. For live market cap and overall valuation, see market cap of Chang Wah Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$11.46 Billion ≈ $361.19 Million |
-1.95% |
| 2024-12-31 | NT$11.69 Billion ≈ $368.36 Million |
+13.15% |
| 2023-12-31 | NT$10.33 Billion ≈ $325.56 Million |
+1.57% |
| 2022-12-31 | NT$10.17 Billion ≈ $320.52 Million |
+20.94% |
| 2021-12-31 | NT$8.41 Billion ≈ $265.02 Million |
+55.02% |
| 2020-12-31 | NT$5.43 Billion ≈ $170.96 Million |
+8.82% |
| 2019-12-31 | NT$4.99 Billion ≈ $157.10 Million |
-3.58% |
| 2018-12-31 | NT$5.17 Billion ≈ $162.93 Million |
+0.80% |
| 2017-12-31 | NT$5.13 Billion ≈ $161.63 Million |
+431.21% |
| 2016-12-31 | NT$965.77 Million ≈ $30.43 Million |
+40.90% |
| 2015-12-31 | NT$685.42 Million ≈ $21.59 Million |
+1.72% |
| 2014-12-31 | NT$673.86 Million ≈ $21.23 Million |
+149.04% |
| 2013-12-31 | NT$270.59 Million ≈ $8.53 Million |
+173.06% |
| 2012-12-31 | NT$99.09 Million ≈ $3.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chang Wah Technology 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 344453223800.0% over the analyzed period, indicating profitable operations and earnings retention.
Chang Wah Technology Co Ltd Net Assets Breakdown (December 2025)
Chang Wah Technology Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.44 Billion | 31.21% |
| Other Components | NT$7.58 Billion | 68.79% |
| Total Equity | NT$11.03 Billion | 100.00% |
Chang Wah Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Chang Wah Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aker Solutions ASA
OL:AKSO
|
$1.84 Billion |
|
Korea Kolmar
KO:161890
|
$1.84 Billion |
|
ATS Corporation
NYSE:ATS
|
$1.84 Billion |
|
Grupo Gigante S. A. B. de C. V
MX:GIGANTE
|
$1.84 Billion |
|
H&R Real Estate Investment Trust
TO:HR-UN
|
$1.84 Billion |
|
INOX India Limited
NSE:INOXINDIA
|
$1.84 Billion |
|
Zhejiang Transfar Co Ltd
SHE:002010
|
$1.84 Billion |
|
Hainan Strait Shipping Co Ltd
SHE:002320
|
$1.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chang Wah Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,244,627,000 to 11,025,536,000, a change of -219,091,000 (-1.9%).
- Net income of 1,503,252,000 contributed positively to equity growth.
- Dividend payments of 1,244,382,000 reduced retained earnings.
- Share repurchases of 690,769,000 reduced equity.
- Other factors increased equity by 212,808,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.50 Billion | +13.63% |
| Dividends Paid | NT$1.24 Billion | -11.29% |
| Share Repurchases | NT$690.77 Million | -6.27% |
| Other Changes | NT$212.81 Million | +1.93% |
| Total Change | NT$- | -1.95% |
Book Value vs Market Value Analysis
This analysis compares Chang Wah Technology 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: 5.29x
- 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 162.73x to 5.29x 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$0.39 | NT$63.20 | x |
| 2013-12-31 | NT$0.77 | NT$63.20 | x |
| 2014-12-31 | NT$1.68 | NT$63.20 | x |
| 2015-12-31 | NT$1.18 | NT$63.20 | x |
| 2016-12-31 | NT$1.67 | NT$63.20 | x |
| 2017-12-31 | NT$6.80 | NT$63.20 | x |
| 2018-12-31 | NT$5.71 | NT$63.20 | x |
| 2019-12-31 | NT$5.55 | NT$63.20 | x |
| 2020-12-31 | NT$6.03 | NT$63.20 | x |
| 2021-12-31 | NT$9.23 | NT$63.20 | x |
| 2022-12-31 | NT$10.43 | NT$63.20 | x |
| 2023-12-31 | NT$10.56 | NT$63.20 | x |
| 2024-12-31 | NT$11.92 | NT$63.20 | x |
| 2025-12-31 | NT$11.94 | NT$63.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chang Wah Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.19%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.07x
- Recent ROE (13.63%) is above the historical average (11.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -17.85% | -11.70% | 0.88x | 1.73x | NT$-27.59 Million |
| 2013 | 7.96% | 6.27% | 0.98x | 1.29x | NT$-5.53 Million |
| 2014 | 9.30% | 15.90% | 0.50x | 1.17x | NT$-4.74 Million |
| 2015 | 8.54% | 15.46% | 0.47x | 1.18x | NT$-10.03 Million |
| 2016 | 4.66% | 9.86% | 0.40x | 1.17x | NT$-51.58 Million |
| 2017 | 8.51% | 5.74% | 0.82x | 1.80x | NT$-75.37 Million |
| 2018 | 16.53% | 8.61% | 1.00x | 1.92x | NT$332.79 Million |
| 2019 | 12.38% | 6.52% | 0.88x | 2.15x | NT$116.86 Million |
| 2020 | 14.53% | 8.00% | 0.80x | 2.28x | NT$241.25 Million |
| 2021 | 20.69% | 13.40% | 0.86x | 1.79x | NT$885.63 Million |
| 2022 | 28.81% | 19.51% | 0.77x | 1.93x | NT$1.84 Billion |
| 2023 | 15.80% | 13.51% | 0.58x | 2.02x | NT$574.12 Million |
| 2024 | 16.86% | 15.82% | 0.56x | 1.92x | NT$771.36 Million |
| 2025 | 13.63% | 11.19% | 0.59x | 2.07x | NT$400.70 Million |
Industry Comparison
This section compares Chang Wah Technology Co Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $55,690,422,500
- Average return on equity (ROE) among peers: 5.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chang Wah Technology Co Ltd (6548) | NT$13.51 Billion | -17.85% | 0.97x | $1.84 Billion |
| Polylite Taiwan Co Ltd (1813) | $770.86 Million | 1.45% | 0.36x | $15.72 Million |
| United Microelectronics Corporation (2303) | $207.21 Billion | 2.96% | 0.79x | $40.79 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $8.97 Billion | 17.06% | 0.90x | $792.01 Million |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $160.12 Billion | 14.70% | 0.47x | $1.90 Trillion |
| Macronix International Co Ltd (2337) | $18.32 Billion | -1.33% | 0.94x | $5.51 Billion |
| Optotech Corp (2340) | $6.08 Billion | 1.59% | 1.05x | $531.81 Million |
| Mosel Vitelic Inc (2342) | $10.25 Billion | 0.00% | 1.33x | $180.15 Million |
| Winbond Electronics Corp (2344) | $114.13 Billion | 3.47% | 0.68x | $20.70 Billion |
| Silicon Integrated Systems Corp (2363) | $14.17 Billion | 3.52% | 0.04x | $768.25 Million |
| Realtek Semiconductor Corp (2379) | $16.87 Billion | 10.00% | 0.16x | $12.22 Billion |
About Chang Wah Technology Co Ltd
Chang Wah Technology Co., Ltd., together with its subsidiaries, develops, produces, and sells LED lead frames and molding compound materials in Taiwan, Asia, and internationally. It operates through Chang Wah Technology Co., Ltd.; CWTC (Shanghai) Inc. (CWTS); SH Asia Pacific Pte. Ltd. (SHAP); Shing Zheng Investment Co, Ltd. (Shing Zheng Investment); SH Electronics Chengdu Co., Ltd. (SHEC); SH Pre… Read more