Phoenix Pioneer technology Co., Ltd.
Phoenix Pioneer technology Co., Ltd. researches and develops, manufactures, and markets IC substrates in Taiwan, China, and internationally. It offers FCCSP IC substrates and SiP module substrates. The company also provides xQFN/routable LF/MIS, FCCSP/FC-LGA, FP-COIL, PLP, Cu stud, COIL, EPS, interposer, and ultra-thin substrates. Phoenix Pioneer technology Co., Ltd. was founded in 2013 and is ba… Read more
Phoenix Pioneer technology Co., Ltd. (6920) - Net Assets
Latest net assets as of June 2025: NT$1.76 Billion TWD
Based on the latest financial reports, Phoenix Pioneer technology Co., Ltd. (6920) has net assets worth NT$1.76 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$3.35 Billion) and total liabilities (NT$1.59 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$1.76 Billion |
| % of Total Assets | 52.64% |
| Annual Growth Rate | 1.54% |
| 5-Year Change | 41.05% |
| 10-Year Change | N/A |
| Growth Volatility | 77.93 |
Phoenix Pioneer technology Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Phoenix Pioneer 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 Phoenix Pioneer technology Co., Ltd. (2019–2024)
The table below shows the annual net assets of Phoenix Pioneer technology Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.39 Billion | -25.73% |
| 2023-12-31 | NT$1.88 Billion | -25.52% |
| 2022-12-31 | NT$2.52 Billion | +173.65% |
| 2021-12-31 | NT$920.24 Million | -6.82% |
| 2020-12-31 | NT$987.59 Million | -23.47% |
| 2019-12-31 | NT$1.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phoenix Pioneer 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 decreased by 35227900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$2.97 Billion | 213.54% |
| Other Comprehensive Income | NT$20.33 Million | 1.46% |
| Other Components | NT$233.00K | 0.02% |
| Total Equity | NT$1.39 Billion | 100.00% |
Phoenix Pioneer technology Co., Ltd. Competitors by Market Cap
The table below lists competitors of Phoenix Pioneer technology Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhongxing Shenyang Commercial Building Group Co Ltd
SHE:000715
|
$199.18 Million |
|
Jinling Hotel Corp Ltd
SHG:601007
|
$199.20 Million |
|
Guangdong Redwall New Materials Co Ltd
SHE:002809
|
$199.22 Million |
|
TRISTEL PLC LS-01
F:R1V
|
$199.25 Million |
|
Aurora Cannabis Inc
NASDAQ:ACB
|
$199.15 Million |
|
BTB Real Estate Investment Trust
PINK:BTBIF
|
$199.14 Million |
|
Incar Financial Service Co. Ltd.
KQ:211050
|
$199.04 Million |
|
Zhejiang Int'L Group Co Ltd
SHE:000411
|
$199.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phoenix Pioneer technology Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,875,508,000 to 1,393,020,000, a change of -482,488,000 (-25.7%).
- Net loss of 485,789,000 reduced equity.
- New share issuances of 967,000 increased equity.
- Other comprehensive income increased equity by 20,334,000.
- Other factors decreased equity by 18,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-485.79 Million | -34.87% |
| Share Issuances | NT$967.00K | +0.07% |
| Other Comprehensive Income | NT$20.33 Million | +1.46% |
| Other Changes | NT$-18.00 Million | -1.29% |
| Total Change | NT$- | -25.73% |
Book Value vs Market Value Analysis
This analysis compares Phoenix Pioneer 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: 5.04x
- 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 increased from 2.56x to 5.04x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$15.53 | NT$39.80 | x |
| 2020-12-31 | NT$5.32 | NT$39.80 | x |
| 2021-12-31 | NT$4.43 | NT$39.80 | x |
| 2022-12-31 | NT$9.17 | NT$39.80 | x |
| 2023-12-31 | NT$6.31 | NT$39.80 | x |
| 2024-12-31 | NT$7.90 | NT$39.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phoenix Pioneer technology Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -34.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.44%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.42x
- Recent ROE (-34.87%) is below the historical average (-33.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -56.51% | -197.13% | 0.07x | 3.98x | NT$-656.85 Million |
| 2021 | -43.02% | -40.65% | 0.23x | 4.57x | NT$-487.93 Million |
| 2022 | 2.74% | 3.62% | 0.42x | 1.81x | NT$-182.80 Million |
| 2023 | -34.83% | -86.19% | 0.19x | 2.07x | NT$-840.82 Million |
| 2024 | -34.87% | -40.44% | 0.36x | 2.42x | NT$-625.09 Million |
Industry Comparison
This section compares Phoenix Pioneer technology Co., Ltd.'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 |
|---|---|---|---|---|
| Phoenix Pioneer technology Co., Ltd. (6920) | NT$1.76 Billion | -56.51% | 0.90x | $199.16 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 |