Whetron Electronics Co.,Ltd.
Whetron Electronics Co.,Ltd. provides automobile electrical parts for car manufacturers in Taiwan and internationally. The company was founded in 1982 and is headquartered in New Taipei City, Taiwan.
Whetron Electronics Co.,Ltd. (6722) - Net Assets
Latest net assets as of September 2025: NT$2.05 Billion TWD
Based on the latest financial reports, Whetron Electronics Co.,Ltd. (6722) has net assets worth NT$2.05 Billion 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$4.56 Billion) and total liabilities (NT$2.51 Billion). 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$2.05 Billion |
| % of Total Assets | 44.92% |
| Annual Growth Rate | 8.19% |
| 5-Year Change | 54.26% |
| 10-Year Change | N/A |
| Growth Volatility | 14.1 |
Whetron Electronics Co.,Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Whetron Electronics 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 Whetron Electronics Co.,Ltd. (2019–2024)
The table below shows the annual net assets of Whetron Electronics Co.,Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.05 Billion | +4.98% |
| 2023-12-31 | NT$1.95 Billion | +21.80% |
| 2022-12-31 | NT$1.60 Billion | +29.12% |
| 2021-12-31 | NT$1.24 Billion | -6.57% |
| 2020-12-31 | NT$1.33 Billion | -3.89% |
| 2019-12-31 | NT$1.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Whetron Electronics 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 347.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$568.51 Million | 27.73% |
| Common Stock | NT$780.00 Million | 38.05% |
| Other Comprehensive Income | NT$-56.90 Million | -2.78% |
| Other Components | NT$758.42 Million | 37.00% |
| Total Equity | NT$2.05 Billion | 100.00% |
Whetron Electronics Co.,Ltd. Competitors by Market Cap
The table below lists competitors of Whetron Electronics Co.,Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Opter AB
ST:OPTER
|
$13.29 Million |
|
Pantera Silver Corp.
PINK:PNTRF
|
$13.29 Million |
|
Arthavest Tbk
JK:ARTA
|
$13.30 Million |
|
Boat Rocker Media Inc
TO:BRMI
|
$13.30 Million |
|
BasicNet S.p.A.
LSE:0N6O
|
$13.28 Million |
|
Xu Yuan Packaging Technology Co Ltd
TWO:8421
|
$13.28 Million |
|
Sprint Bioscience AB
ST:SPRINT
|
$13.28 Million |
|
Donegal Investment Group PLC
IR:DQ7A
|
$13.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Whetron Electronics Co.,Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,952,740,000 to 2,050,021,000, a change of 97,281,000 (5.0%).
- Net income of 202,659,000 contributed positively to equity growth.
- Dividend payments of 156,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 49,999,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$202.66 Million | +9.89% |
| Dividends Paid | NT$156.00 Million | -7.61% |
| Other Comprehensive Income | NT$50.00 Million | +2.44% |
| Other Changes | NT$623.00K | +0.03% |
| Total Change | NT$- | 4.98% |
Book Value vs Market Value Analysis
This analysis compares Whetron Electronics 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: 1.53x
- 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 2.07x to 1.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$19.31 | NT$40.00 | x |
| 2020-12-31 | NT$18.37 | NT$40.00 | x |
| 2021-12-31 | NT$17.08 | NT$40.00 | x |
| 2022-12-31 | NT$21.12 | NT$40.00 | x |
| 2023-12-31 | NT$24.91 | NT$40.00 | x |
| 2024-12-31 | NT$26.17 | NT$40.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Whetron Electronics Co.,Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.86%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 2.18x
- Recent ROE (9.89%) is above the historical average (4.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -0.83% | -0.37% | 0.99x | 2.26x | NT$-148.23 Million |
| 2020 | -3.70% | -1.96% | 0.84x | 2.25x | NT$-181.30 Million |
| 2021 | -3.05% | -1.36% | 0.78x | 2.86x | NT$-161.20 Million |
| 2022 | 7.18% | 3.10% | 0.80x | 2.90x | NT$-45.28 Million |
| 2023 | 18.65% | 7.56% | 1.04x | 2.37x | NT$168.87 Million |
| 2024 | 9.89% | 3.86% | 1.17x | 2.18x | NT$-2.34 Million |
Industry Comparison
This section compares Whetron Electronics Co.,Ltd.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,968,073,800
- Average return on equity (ROE) among peers: 6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Whetron Electronics Co.,Ltd. (6722) | NT$2.05 Billion | -0.83% | 1.23x | $13.29 Million |
| Tong Yang Industry Co Ltd (1319) | $21.87 Billion | 8.81% | 0.70x | $975.38 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.66 Billion | 6.42% | 0.51x | $21.83 Million |
| Hiroca Holdings Ltd (1338) | $4.24 Billion | 7.42% | 0.52x | $26.55 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.44 Billion | 8.94% | 0.84x | $26.48 Million |
| Right Way Industrial Co Ltd (1506) | $1.21 Billion | -6.78% | 1.25x | $44.86 Million |
| Jui Li Enterprise Co Ltd (1512) | $2.05 Billion | 3.24% | 0.95x | $14.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.77 Billion | 2.39% | 0.89x | $18.53 Million |
| TYC Brother Industrial Co Ltd (1522) | $6.62 Billion | 9.41% | 2.24x | $163.24 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.70 Billion | 13.03% | 0.98x | $89.13 Million |
| Kian Shen Corp (1525) | $4.11 Billion | 11.02% | 0.21x | $31.62 Million |