Zilltek Technology Corp (6679) - Net Assets
Based on the latest financial reports, Zilltek Technology Corp (6679) has net assets worth NT$4.82 Billion TWD (≈ $151.75 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.55 Billion ≈ $174.93 Million USD) and total liabilities (NT$735.95 Million ≈ $23.19 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 how tangible is Zilltek Technology Corp's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.82 Billion |
| % of Total Assets | 86.75% |
| Annual Growth Rate | 41.27% |
| 5-Year Change | 329.56% |
| 10-Year Change | N/A |
| Growth Volatility | 47.27 |
Zilltek Technology Corp - Net Assets Trend (2016–2024)
This chart illustrates how Zilltek Technology Corp's net assets have evolved over time, based on quarterly financial data. See Zilltek Technology Corp (6679) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zilltek Technology Corp (2016–2024)
The table below shows the annual net assets of Zilltek Technology Corp from 2016 to 2024. For live valuation and market cap data, see Zilltek Technology Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.33 Billion ≈ $167.91 Million |
+5.25% |
| 2023-12-31 | NT$5.06 Billion ≈ $159.54 Million |
+4.55% |
| 2022-12-31 | NT$4.84 Billion ≈ $152.60 Million |
+160.41% |
| 2021-12-31 | NT$1.86 Billion ≈ $58.60 Million |
+49.91% |
| 2020-12-31 | NT$1.24 Billion ≈ $39.09 Million |
+15.05% |
| 2019-12-31 | NT$1.08 Billion ≈ $33.98 Million |
+61.25% |
| 2018-12-31 | NT$668.82 Million ≈ $21.07 Million |
+32.12% |
| 2017-12-31 | NT$506.22 Million ≈ $15.95 Million |
+50.69% |
| 2016-12-31 | NT$335.94 Million ≈ $10.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zilltek Technology Corp'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 90413000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$866.70 Million | 16.26% |
| Other Components | NT$4.46 Billion | 83.74% |
| Total Equity | NT$5.33 Billion | 100.00% |
Zilltek Technology Corp Competitors by Market Cap
The table below lists competitors of Zilltek Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duzhe Publishing & Media Corp
SHG:603999
|
$455.99 Million |
|
Monro Muffler Brake Inc
NASDAQ:MNRO
|
$456.00 Million |
|
Zhejiang Shouxiangu Pharm Co
SHG:603896
|
$456.03 Million |
|
Fleetpartners Group Ltd
AU:FPR
|
$456.14 Million |
|
Ho Chi Minh City Infrastructure Investment JSC
VN:CII
|
$455.73 Million |
|
Bosun Tools Co Ltd
SHE:002282
|
$455.62 Million |
|
Taiwan Mask Corp
TW:2338
|
$455.60 Million |
|
China Railway Prefabricated Construction Co Ltd
SHE:300374
|
$455.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zilltek Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,063,865,000 to 5,329,611,000, a change of 265,746,000 (5.2%).
- Net income of 476,706,000 contributed positively to equity growth.
- Dividend payments of 295,423,000 reduced retained earnings.
- New share issuances of 126,053,000 increased equity.
- Other comprehensive income decreased equity by 500,013,000.
- Other factors increased equity by 458,423,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$476.71 Million | +8.94% |
| Dividends Paid | NT$295.42 Million | -5.54% |
| Share Issuances | NT$126.05 Million | +2.37% |
| Other Comprehensive Income | NT$-500.01 Million | -9.38% |
| Other Changes | NT$458.42 Million | +8.6% |
| Total Change | NT$- | 5.25% |
Book Value vs Market Value Analysis
This analysis compares Zilltek Technology Corp'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: 2.74x
- 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 19.33x to 2.74x 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$14.05 | NT$271.50 | x |
| 2018-12-31 | NT$17.82 | NT$271.50 | x |
| 2019-12-31 | NT$26.13 | NT$271.50 | x |
| 2020-12-31 | NT$30.61 | NT$271.50 | x |
| 2021-12-31 | NT$44.29 | NT$271.50 | x |
| 2022-12-31 | NT$90.36 | NT$271.50 | x |
| 2023-12-31 | NT$94.34 | NT$271.50 | x |
| 2024-12-31 | NT$99.22 | NT$271.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zilltek Technology Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.55%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.07x
- Recent ROE (8.94%) is below the historical average (15.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.50% | 4.79% | 0.98x | 1.38x | NT$-17.73 Million |
| 2018 | 16.32% | 9.90% | 1.23x | 1.34x | NT$42.30 Million |
| 2019 | 15.07% | 11.65% | 1.09x | 1.19x | NT$54.64 Million |
| 2020 | 24.87% | 16.26% | 1.19x | 1.29x | NT$184.53 Million |
| 2021 | 33.63% | 22.86% | 1.11x | 1.32x | NT$439.43 Million |
| 2022 | 10.65% | 24.04% | 0.42x | 1.05x | NT$31.49 Million |
| 2023 | 7.36% | 20.26% | 0.35x | 1.05x | NT$-133.61 Million |
| 2024 | 8.94% | 22.55% | 0.37x | 1.07x | NT$-56.26 Million |
Industry Comparison
This section compares Zilltek Technology Corp'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 |
|---|---|---|---|---|
| Zilltek Technology Corp (6679) | NT$4.82 Billion | 6.50% | 0.15x | $455.81 Million |
| 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 Zilltek Technology Corp
Zilltek Technology Corp. engages in the design, research, development, manufacturing, and sale of sensor components and its application chipsets in Taiwan, China, and internationally. It offers analog and digital MEMS microphones; digital barometric pressure and temperature sensors; audio amplifiers; DC/DC converters; LDO products; and touch screen controllers. The company is also involved in man… Read more