Wendell Industrial Co. Ltd
Wendell Industrial Co., Ltd provides electronic materials in Taiwan, the Mainland China, Korea, and internationally. The company offers MOSFET, diodes, rectifiers, circuit protection, modular products, and EMI components. It provides services, such as turnkey, technical, integrated innovation, total solution, customer orientation solutions, and layout consultation services. The company is involve… Read more
Wendell Industrial Co. Ltd (6761) - Net Assets
Latest net assets as of December 2025: NT$1.79 Billion TWD
Based on the latest financial reports, Wendell Industrial Co. Ltd (6761) has net assets worth NT$1.79 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.66 Billion) and total liabilities (NT$867.74 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$1.79 Billion |
| % of Total Assets | 67.37% |
| Annual Growth Rate | 21.33% |
| 5-Year Change | 92.02% |
| 10-Year Change | N/A |
| Growth Volatility | 20.64 |
Wendell Industrial Co. Ltd - Net Assets Trend (2019–2025)
This chart illustrates how Wendell Industrial 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 Wendell Industrial Co. Ltd (2019–2025)
The table below shows the annual net assets of Wendell Industrial Co. Ltd from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.79 Billion | +25.31% |
| 2024-12-31 | NT$1.43 Billion | +43.90% |
| 2023-12-31 | NT$993.68 Million | -2.12% |
| 2022-12-31 | NT$1.02 Billion | +8.79% |
| 2021-12-31 | NT$933.20 Million | +55.08% |
| 2020-12-31 | NT$601.77 Million | +7.14% |
| 2019-12-31 | NT$561.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wendell Industrial 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 82.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$444.25 Million | 24.79% |
| Other Components | NT$1.35 Billion | 75.21% |
| Total Equity | NT$1.79 Billion | 100.00% |
Wendell Industrial Co. Ltd Competitors by Market Cap
The table below lists competitors of Wendell Industrial Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Bukopin Tbk
JK:BBKP
|
$111.65 Million |
|
Seritage Growth Properties
NYSE:SRG
|
$111.65 Million |
|
Focusrite plc
PINK:FOCIF
|
$111.66 Million |
|
Allgeier SE
XETRA:AEIN
|
$111.69 Million |
|
Eugene Corporation
KQ:023410
|
$111.46 Million |
|
JADESTONE ENERGY LS -001
F:8KW
|
$111.46 Million |
|
Genexine Inc
KQ:095700
|
$111.37 Million |
|
Chinese Maritime Transport Ltd
TW:2612
|
$111.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wendell Industrial Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,429,943,000 to 1,791,926,000, a change of 361,983,000 (25.3%).
- Net income of 248,844,000 contributed positively to equity growth.
- Dividend payments of 195,719,000 reduced retained earnings.
- Share repurchases of 15,598,000 reduced equity.
- Other factors increased equity by 324,456,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$248.84 Million | +13.89% |
| Dividends Paid | NT$195.72 Million | -10.92% |
| Share Repurchases | NT$15.60 Million | -0.87% |
| Other Changes | NT$324.46 Million | +18.11% |
| Total Change | NT$- | 25.31% |
Book Value vs Market Value Analysis
This analysis compares Wendell Industrial 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: 3.26x
- 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 6.50x to 3.26x 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$25.83 | NT$168.00 | x |
| 2020-12-31 | NT$25.29 | NT$168.00 | x |
| 2021-12-31 | NT$38.65 | NT$168.00 | x |
| 2022-12-31 | NT$35.44 | NT$168.00 | x |
| 2023-12-31 | NT$32.02 | NT$168.00 | x |
| 2024-12-31 | NT$46.18 | NT$168.00 | x |
| 2025-12-31 | NT$51.52 | NT$168.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wendell Industrial 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): 13.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.61%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.48x
- Recent ROE (13.89%) is below the historical average (15.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.56% | 5.88% | 1.29x | 1.78x | NT$19.99 Million |
| 2020 | 15.30% | 6.29% | 1.28x | 1.91x | NT$31.90 Million |
| 2021 | 20.21% | 9.96% | 1.19x | 1.71x | NT$95.29 Million |
| 2022 | 19.05% | 10.06% | 1.00x | 1.90x | NT$91.86 Million |
| 2023 | 10.20% | 5.81% | 0.89x | 1.97x | NT$1.96 Million |
| 2024 | 14.99% | 10.61% | 0.83x | 1.71x | NT$71.39 Million |
| 2025 | 13.89% | 12.61% | 0.74x | 1.48x | NT$69.65 Million |
Industry Comparison
This section compares Wendell Industrial Co. Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,516,139,100
- Average return on equity (ROE) among peers: 5.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wendell Industrial Co. Ltd (6761) | NT$1.79 Billion | 13.56% | 0.48x | $111.51 Million |
| China Wire & Cable Co Ltd (1603) | $5.29 Billion | 8.42% | 0.61x | $77.47 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.09 Billion | -0.33% | 0.05x | $111.08 Million |
| Senao International Co Ltd (2450) | $6.43 Billion | 10.98% | 0.53x | $64.69 Million |
| Wah Lee Industrial Corp (3010) | $8.62 Billion | 11.39% | 1.34x | $645.33 Million |
| Weikeng Industrial Co Ltd (3033) | $2.53 Billion | 15.31% | 2.01x | $384.05 Million |
| Edom Technology Co Ltd (3048) | $3.72 Billion | 18.74% | 5.27x | $169.71 Million |
| MetaTech AP (3224) | $2.61 Billion | -2.64% | 0.25x | $59.52 Million |
| Sentronic International (3232) | $363.49 Million | 5.76% | 1.39x | $22.56 Million |
| Kworld Computer Co Ltd (3287) | $411.82 Million | 2.32% | 0.36x | $17.39 Million |
| G.M.I Technology Inc (3312) | $1.11 Billion | -19.88% | 1.94x | $115.66 Million |