Taiwan Puritic Corp.
Taiwan Puritic Corp. engages in the sale and maintenance of integrated circuit semiconductors, electronics, and computer equipment products in Taiwan. It offers LN2 supply system, PSA type nitrogen gas generator, wet process equipment, and purifiers; gas distribution and monitoring systems, and chemical dispensing system; OEM/ODM equipment, and equipment upgrade and development; and nebulizer mes… Read more
Taiwan Puritic Corp. (6826) - Net Assets
Latest net assets as of June 2025: NT$6.00 Billion TWD
Based on the latest financial reports, Taiwan Puritic Corp. (6826) has net assets worth NT$6.00 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$19.08 Billion) and total liabilities (NT$13.07 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$6.00 Billion |
| % of Total Assets | 31.47% |
| Annual Growth Rate | 28.66% |
| 5-Year Change | 213.3% |
| 10-Year Change | N/A |
| Growth Volatility | 13.02 |
Taiwan Puritic Corp. - Net Assets Trend (2019–2024)
This chart illustrates how Taiwan Puritic Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taiwan Puritic Corp. (2019–2024)
The table below shows the annual net assets of Taiwan Puritic Corp. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.90 Billion | +47.52% |
| 2023-12-31 | NT$4.00 Billion | +32.06% |
| 2022-12-31 | NT$3.03 Billion | +37.73% |
| 2021-12-31 | NT$2.20 Billion | +16.76% |
| 2020-12-31 | NT$1.88 Billion | +12.56% |
| 2019-12-31 | NT$1.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Puritic 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 381.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.72 Billion | 63.02% |
| Other Components | NT$2.18 Billion | 36.98% |
| Total Equity | NT$5.90 Billion | 100.00% |
Taiwan Puritic Corp. Competitors by Market Cap
The table below lists competitors of Taiwan Puritic Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hainan RuiZe New Building Material Co Ltd
SHE:002596
|
$397.99 Million |
|
Anhui Xinhua Media Co Ltd
SHG:601801
|
$398.22 Million |
|
Chengdu Xinzhu Road&Bridge Machinery Co Ltd
SHE:002480
|
$398.25 Million |
|
Shanghai Ziyan Foods Co Ltd
SHG:603057
|
$398.25 Million |
|
SEOUL GUARANTEE INSURANCE
KO:031210
|
$397.97 Million |
|
Suzhou Shihua New Material Technology Co Ltd
SHG:688093
|
$397.91 Million |
|
Dine Brands Global Inc
NYSE:DIN
|
$397.73 Million |
|
LIGHTHOUSE PROPERTIES
F:87O
|
$397.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Puritic Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,001,819,000 to 5,903,535,000, a change of 1,901,716,000 (47.5%).
- Net income of 1,726,103,000 contributed positively to equity growth.
- Dividend payments of 608,000,000 reduced retained earnings.
- New share issuances of 725,000,000 increased equity.
- Other comprehensive income increased equity by 2,067,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.73 Billion | +29.24% |
| Dividends Paid | NT$608.00 Million | -10.3% |
| Share Issuances | NT$725.00 Million | +12.28% |
| Other Comprehensive Income | NT$2.07 Million | +0.04% |
| Other Changes | NT$56.55 Million | +0.96% |
| Total Change | NT$- | 47.52% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Puritic 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: 7.53x
- 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 19.44x to 7.53x 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$26.75 | NT$520.00 | x |
| 2020-12-31 | NT$29.96 | NT$520.00 | x |
| 2021-12-31 | NT$35.70 | NT$520.00 | x |
| 2022-12-31 | NT$48.03 | NT$520.00 | x |
| 2023-12-31 | NT$63.87 | NT$520.00 | x |
| 2024-12-31 | NT$69.01 | NT$520.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Puritic 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): 29.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.86%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.80x
- Recent ROE (29.24%) is above the historical average (23.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 17.28% | 4.89% | 1.18x | 2.99x | NT$121.89 Million |
| 2020 | 15.14% | 5.05% | 0.89x | 3.36x | NT$96.85 Million |
| 2021 | 17.72% | 5.03% | 1.10x | 3.19x | NT$169.88 Million |
| 2022 | 30.97% | 7.83% | 0.96x | 4.11x | NT$635.37 Million |
| 2023 | 31.98% | 7.74% | 1.16x | 3.57x | NT$879.65 Million |
| 2024 | 29.24% | 10.86% | 0.96x | 2.80x | NT$1.14 Billion |
Industry Comparison
This section compares Taiwan Puritic 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: $3,963,876,800
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Puritic Corp. (6826) | NT$6.00 Billion | 17.28% | 2.18x | $397.98 Million |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Lingsen Precision Industries Ltd (2369) | $5.31 Billion | -10.40% | 0.55x | $285.76 Million |
| Greatek Electronics Inc (2441) | $9.68 Billion | 16.62% | 0.10x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |