Gallant Micro Machining Co Ltd (6640) - Net Assets
Based on the latest financial reports, Gallant Micro Machining Co Ltd (6640) has net assets worth NT$2.45 Billion TWD (≈ $77.34 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$5.16 Billion ≈ $162.70 Million USD) and total liabilities (NT$2.71 Billion ≈ $85.36 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. Check Gallant Micro Machining Co Ltd (6640) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.45 Billion |
| % of Total Assets | 47.54% |
| Annual Growth Rate | 15.06% |
| 5-Year Change | 144.03% |
| 10-Year Change | N/A |
| Growth Volatility | 13.95 |
Gallant Micro Machining Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Gallant Micro Machining Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 6640 total assets for the complete picture of this company's asset base.
Annual Net Assets for Gallant Micro Machining Co Ltd (2017–2025)
The table below shows the annual net assets of Gallant Micro Machining Co Ltd from 2017 to 2025. For live valuation and market cap data, see Gallant Micro Machining Co Ltd (6640) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.45 Billion ≈ $77.34 Million |
+42.51% |
| 2024-12-31 | NT$1.72 Billion ≈ $54.27 Million |
+32.45% |
| 2023-12-31 | NT$1.30 Billion ≈ $40.97 Million |
+8.20% |
| 2022-12-31 | NT$1.20 Billion ≈ $37.87 Million |
+19.49% |
| 2021-12-31 | NT$1.01 Billion ≈ $31.69 Million |
+5.35% |
| 2020-12-31 | NT$954.89 Million ≈ $30.08 Million |
+4.25% |
| 2019-12-31 | NT$915.93 Million ≈ $28.86 Million |
-0.06% |
| 2018-12-31 | NT$916.48 Million ≈ $28.87 Million |
+14.68% |
| 2017-12-31 | NT$799.16 Million ≈ $25.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gallant Micro Machining 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 79.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$392.25 Million | 15.98% |
| Other Components | NT$2.06 Billion | 84.02% |
| Total Equity | NT$2.45 Billion | 100.00% |
Gallant Micro Machining Co Ltd Competitors by Market Cap
The table below lists competitors of Gallant Micro Machining Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flow Traders BV
AS:FLOW
|
$1.24 Billion |
|
TES Co. Ltd
KQ:095610
|
$1.24 Billion |
|
Zug Estates Holding AG
SW:ZUGN
|
$1.24 Billion |
|
Castellana Properties Socimi
MC:YCPS
|
$1.24 Billion |
|
Dongguan Mentech Optical & Magnetic Co Ltd
SHE:002902
|
$1.24 Billion |
|
ATOSS Software SE
F:AOF
|
$1.24 Billion |
|
Wonders Information
SHE:300168
|
$1.24 Billion |
|
Shanghai Prisemi Electronics Co Ltd
SHG:688230
|
$1.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gallant Micro Machining Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,678,183,000 to 2,454,902,000, a change of 776,719,000 (46.3%).
- Net income of 357,904,000 contributed positively to equity growth.
- Dividend payments of 419,272,000 reduced retained earnings.
- Share repurchases of 33,378,000 reduced equity.
- New share issuances of 70,970,000 increased equity.
- Other factors increased equity by 800,495,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$357.90 Million | +14.58% |
| Dividends Paid | NT$419.27 Million | -17.08% |
| Share Repurchases | NT$33.38 Million | -1.36% |
| Share Issuances | NT$70.97 Million | +2.89% |
| Other Changes | NT$800.50 Million | +32.61% |
| Total Change | NT$- | 46.28% |
Book Value vs Market Value Analysis
This analysis compares Gallant Micro Machining 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: 16.21x
- 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 44.89x to 16.21x 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$31.08 | NT$1395.00 | x |
| 2018-12-31 | NT$32.41 | NT$1395.00 | x |
| 2019-12-31 | NT$32.39 | NT$1395.00 | x |
| 2020-12-31 | NT$33.09 | NT$1395.00 | x |
| 2021-12-31 | NT$36.39 | NT$1395.00 | x |
| 2022-12-31 | NT$41.09 | NT$1395.00 | x |
| 2023-12-31 | NT$44.11 | NT$1395.00 | x |
| 2024-12-31 | NT$59.86 | NT$1395.00 | x |
| 2025-12-31 | NT$86.08 | NT$1395.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gallant Micro Machining Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.58%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.30%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.10x
- Recent ROE (14.58%) is above the historical average (12.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.10% | 6.63% | 0.66x | 1.85x | NT$-15.16 Million |
| 2018 | 9.55% | 9.49% | 0.58x | 1.75x | NT$-4.16 Million |
| 2019 | 9.33% | 11.27% | 0.48x | 1.74x | NT$-6.16 Million |
| 2020 | 4.74% | 5.07% | 0.45x | 2.08x | NT$-49.38 Million |
| 2021 | 15.90% | 10.63% | 0.60x | 2.50x | NT$58.44 Million |
| 2022 | 19.84% | 15.49% | 0.57x | 2.26x | NT$113.93 Million |
| 2023 | 8.03% | 8.49% | 0.35x | 2.67x | NT$-24.76 Million |
| 2024 | 24.60% | 16.90% | 0.63x | 2.30x | NT$244.95 Million |
| 2025 | 14.58% | 13.30% | 0.52x | 2.10x | NT$112.41 Million |
Industry Comparison
This section compares Gallant Micro Machining 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: $5,420,090,100
- Average return on equity (ROE) among peers: 6.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gallant Micro Machining Co Ltd (6640) | NT$2.45 Billion | 8.10% | 1.10x | $1.24 Billion |
| Rectron Ltd (2302) | $1.83 Billion | 0.00% | 0.26x | $102.43 Million |
| Taiwan Mask Corp (2338) | $4.35 Billion | 3.13% | 0.18x | $449.49 Million |
| SDI Corp (2351) | $3.23 Billion | 15.18% | 1.66x | $1.05 Billion |
| Lingsen Precision Industries Ltd (2369) | $6.23 Billion | -1.27% | 0.55x | $362.17 Million |
| Greatek Electronics Inc (2441) | $20.91 Billion | 15.10% | 0.17x | $1.62 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $2.90 Billion | 18.35% | 0.49x | $1.95 Billion |
| Pan Jit International Inc (2481) | $9.57 Billion | -5.60% | 1.55x | $1.20 Billion |
| Ampoc Far-East Co Ltd (2493) | $2.09 Billion | 12.43% | 0.36x | $740.76 Million |
| Episil-Precision Inc (3016) | $1.07 Billion | -4.50% | 0.37x | $1.06 Billion |
| Zenitron Corp (3028) | $2.03 Billion | 10.08% | 1.88x | $596.46 Million |
About Gallant Micro Machining Co Ltd
Gallant Micro. Machining Co., LTD. engages in the production and sale of machinery and equipment, precision molds, and other parts and components in Taiwan, China, and internationally. The company offers its products in chip sorter, die bonder, laser application, trim form, auto molding, saw, lamination, and mold/die set categories. It also engages in the import, export, and trading of semi-condu… Read more