Keystone Microtech Corp (6683) - Net Assets
Based on the latest financial reports, Keystone Microtech Corp (6683) has net assets worth NT$2.71 Billion TWD (≈ $85.51 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$3.37 Billion ≈ $106.10 Million USD) and total liabilities (NT$653.58 Million ≈ $20.59 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 how large is Keystone Microtech Corp's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.71 Billion |
| % of Total Assets | 80.59% |
| Annual Growth Rate | 15.29% |
| 5-Year Change | 45.93% |
| 10-Year Change | N/A |
| Growth Volatility | 9.84 |
Keystone Microtech Corp - Net Assets Trend (2017–2025)
This chart illustrates how Keystone Microtech Corp's net assets have evolved over time, based on quarterly financial data. Check 6683 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Keystone Microtech Corp (2017–2025)
The table below shows the annual net assets of Keystone Microtech Corp from 2017 to 2025. For live valuation and market cap data, see market value of Keystone Microtech Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.71 Billion ≈ $85.51 Million |
+6.55% |
| 2024-12-31 | NT$2.55 Billion ≈ $80.25 Million |
+14.59% |
| 2023-12-31 | NT$2.22 Billion ≈ $70.03 Million |
+7.83% |
| 2022-12-31 | NT$2.06 Billion ≈ $64.94 Million |
+10.83% |
| 2021-12-31 | NT$1.86 Billion ≈ $58.60 Million |
+17.97% |
| 2020-12-31 | NT$1.58 Billion ≈ $49.67 Million |
+16.71% |
| 2019-12-31 | NT$1.35 Billion ≈ $42.56 Million |
+39.73% |
| 2018-12-31 | NT$966.75 Million ≈ $30.46 Million |
+11.16% |
| 2017-12-31 | NT$869.70 Million ≈ $27.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Keystone Microtech 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 208.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.76 Billion | 64.95% |
| Other Components | NT$951.24 Million | 35.05% |
| Total Equity | NT$2.71 Billion | 100.00% |
Keystone Microtech Corp Competitors by Market Cap
The table below lists competitors of Keystone Microtech Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nano Nuclear Energy Inc. Common Stock
NASDAQ:NNE
|
$805.07 Million |
|
BFI Finance Indonesia Tbk
JK:BFIN
|
$805.28 Million |
|
Close Brothers Group plc
F:CS3
|
$805.45 Million |
|
Shanghai Research Institute of Building Sciences Group Co. Ltd A
SHG:603153
|
$805.47 Million |
|
Grupo Posadas S.A.B. de C.V
MX:POSADASA
|
$804.78 Million |
|
Pierre et Vacances SA
PA:VAC
|
$804.56 Million |
|
AB SKF (publ)
ST:SKF-A
|
$804.47 Million |
|
Samsung Electro Mechanics Pref
KO:009155
|
$804.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Keystone Microtech Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,547,078,000 to 2,714,002,000, a change of 166,924,000 (6.6%).
- Net income of 419,047,000 contributed positively to equity growth.
- Dividend payments of 273,882,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$419.05 Million | +15.44% |
| Dividends Paid | NT$273.88 Million | -10.09% |
| Other Changes | NT$21.76 Million | +0.8% |
| Total Change | NT$- | 6.55% |
Book Value vs Market Value Analysis
This analysis compares Keystone Microtech 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: 9.41x
- 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 26.25x to 9.41x 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$35.32 | NT$927.00 | x |
| 2018-12-31 | NT$39.26 | NT$927.00 | x |
| 2019-12-31 | NT$49.89 | NT$927.00 | x |
| 2020-12-31 | NT$57.84 | NT$927.00 | x |
| 2021-12-31 | NT$68.15 | NT$927.00 | x |
| 2022-12-31 | NT$75.03 | NT$927.00 | x |
| 2023-12-31 | NT$81.24 | NT$927.00 | x |
| 2024-12-31 | NT$93.00 | NT$927.00 | x |
| 2025-12-31 | NT$98.49 | NT$927.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Keystone Microtech 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): 15.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.62%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.24x
- Recent ROE (15.44%) is below the historical average (17.32%), 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 | 11.72% | 18.39% | 0.56x | 1.13x | NT$14.95 Million |
| 2018 | 15.13% | 22.58% | 0.57x | 1.17x | NT$49.62 Million |
| 2019 | 15.32% | 25.10% | 0.51x | 1.21x | NT$71.82 Million |
| 2020 | 21.18% | 27.18% | 0.57x | 1.37x | NT$176.34 Million |
| 2021 | 22.57% | 28.33% | 0.65x | 1.23x | NT$233.72 Million |
| 2022 | 19.72% | 26.58% | 0.62x | 1.19x | NT$200.33 Million |
| 2023 | 15.94% | 25.12% | 0.55x | 1.16x | NT$131.93 Million |
| 2024 | 18.84% | 27.64% | 0.57x | 1.20x | NT$225.11 Million |
| 2025 | 15.44% | 19.62% | 0.63x | 1.24x | NT$147.65 Million |
Industry Comparison
This section compares Keystone Microtech Corp'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 |
|---|---|---|---|---|
| Keystone Microtech Corp (6683) | NT$2.71 Billion | 11.72% | 0.24x | $804.82 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 Keystone Microtech Corp
Keystone Microtech Corporation operates in the semiconductor industry in Taiwan and internationally. The company offers load board and burn-in boards. It also offers probe cards. In addition, the company provides technical services comprising of signal integrity and power integrity simulation and thermal simulation. Keystone Microtech Corporation was founded in 2006 and is based in Zhubei City, T… Read more