Major-Power Technology Co., Ltd.
Major-Power Technology Co., Ltd. operates as an analog IC design company in Taiwan, China, rest of Asia, and Europe. It provides hall-switch/latch/linear sensor, DC-DC power management IC, BLDC fan driver, LED driver, hall IC, and motor driver products for use in automotive, e-moto, consumer, PC peripheral, audio media, health, industry, electricity, mobile phone car QC and PD fast charging, POE … Read more
Major-Power Technology Co., Ltd. (6720) - Net Assets
Latest net assets as of September 2025: NT$912.38 Million TWD
Based on the latest financial reports, Major-Power Technology Co., Ltd. (6720) has net assets worth NT$912.38 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.19 Billion) and total liabilities (NT$279.25 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$912.38 Million |
| % of Total Assets | 76.57% |
| Annual Growth Rate | 50.21% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 86.66 |
Major-Power Technology Co., Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Major-Power Technology Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Major-Power Technology Co., Ltd. (2021–2024)
The table below shows the annual net assets of Major-Power Technology Co., Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$959.81 Million | +191.21% |
| 2023-12-31 | NT$329.60 Million | +20.72% |
| 2022-12-31 | NT$273.04 Million | -3.55% |
| 2021-12-31 | NT$283.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Major-Power 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 179.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$150.16 Million | 15.64% |
| Other Components | NT$809.65 Million | 84.36% |
| Total Equity | NT$959.81 Million | 100.00% |
Major-Power Technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Major-Power Technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XSpring Capital Public Company Limited
BK:XPG
|
$106.21 Million |
|
Tavia Acquisition Corp. Ordinary Shares
NASDAQ:TAVI
|
$106.27 Million |
|
Aurskog Sparebank
OL:AURG
|
$106.30 Million |
|
Canton Strategic Holdings, Inc.
NASDAQ:CNTN
|
$106.30 Million |
|
Sula Vineyards Limited
NSE:SULA
|
$106.15 Million |
|
Zhonglu Co Ltd B
SHG:900915
|
$106.13 Million |
|
Jw Holdings
KO:096760
|
$106.13 Million |
|
Superior Uniform Group Inc
NASDAQ:SGC
|
$106.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Major-Power Technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 329,598,000 to 959,806,000, a change of 630,208,000 (191.2%).
- Net income of 149,936,000 contributed positively to equity growth.
- Dividend payments of 37,764,000 reduced retained earnings.
- New share issuances of 508,332,000 increased equity.
- Other factors increased equity by 9,704,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$149.94 Million | +15.62% |
| Dividends Paid | NT$37.76 Million | -3.93% |
| Share Issuances | NT$508.33 Million | +52.96% |
| Other Changes | NT$9.70 Million | +1.01% |
| Total Change | NT$- | 191.21% |
Book Value vs Market Value Analysis
This analysis compares Major-Power 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: 5.30x
- 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 15.33x to 5.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$11.06 | NT$169.50 | x |
| 2022-12-31 | NT$10.67 | NT$169.50 | x |
| 2023-12-31 | NT$12.64 | NT$169.50 | x |
| 2024-12-31 | NT$32.00 | NT$169.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Major-Power 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): 15.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.42%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.16x
- Recent ROE (15.62%) is above the historical average (12.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 16.88% | 13.19% | 0.81x | 1.57x | NT$19.49 Million |
| 2022 | 4.40% | 4.97% | 0.57x | 1.55x | NT$-15.29 Million |
| 2023 | 13.15% | 12.01% | 0.72x | 1.52x | NT$10.37 Million |
| 2024 | 15.62% | 29.42% | 0.46x | 1.16x | NT$53.96 Million |
Industry Comparison
This section compares Major-Power Technology Co., Ltd.'s net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $18,500,922,800
- Average return on equity (ROE) among peers: -5.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Major-Power Technology Co., Ltd. (6720) | NT$912.38 Million | 16.88% | 0.31x | $106.20 Million |
| Polylite Taiwan Co Ltd (1813) | $1.10 Billion | 4.57% | 0.13x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $12.85 Billion | 0.00% | 1.41x | $836.46 Million |
| Macronix International Co Ltd (2337) | $37.14 Billion | 12.15% | 0.19x | $5.52 Billion |
| Optotech Corp (2340) | $8.50 Billion | 3.62% | 0.47x | $296.33 Million |
| Mosel Vitelic Inc (2342) | $10.25 Billion | 0.00% | 1.33x | $108.73 Million |
| Winbond Electronics Corp (2344) | $55.23 Billion | 0.00% | 0.48x | $12.03 Billion |
| Silicon Integrated Systems Corp (2363) | $7.33 Billion | -3.90% | 0.02x | $629.69 Million |
| Realtek Semiconductor Corp (2379) | $5.13 Billion | 32.96% | 0.38x | $6.81 Billion |
| VIA Technologies Inc (2388) | $10.11 Billion | -48.86% | 0.88x | $395.59 Million |
| Nanya Technology Corp (2408) | $37.37 Billion | -55.53% | 2.57x | $9.48 Billion |