Ion Electronic Materials Co., Ltd.
Ion Electronic Materials Co., Ltd. engages in the manufacturing, sales, storage, and transportation of special gases in Taiwan, China, and internationally. The company offers implantation gas, including arsine, phosphine, 11b enriched boron trifluoride, germanium tetrafluoride, 72germanium tetrafluoride, nitrogen trifluoride; F2/N2 mixture gas; laser gas; and electron deposition gas comprising si… Read more
Ion Electronic Materials Co., Ltd. (6959) - Net Assets
Latest net assets as of June 2025: NT$1.21 Billion TWD
Based on the latest financial reports, Ion Electronic Materials Co., Ltd. (6959) has net assets worth NT$1.21 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$2.00 Billion) and total liabilities (NT$788.97 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$1.21 Billion |
| % of Total Assets | 60.56% |
| Annual Growth Rate | 101.98% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 160.01 |
Ion Electronic Materials Co., Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Ion Electronic Materials 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 Ion Electronic Materials Co., Ltd. (2020–2024)
The table below shows the annual net assets of Ion Electronic Materials Co., Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.27 Billion | -5.49% |
| 2023-12-31 | NT$1.35 Billion | +7.18% |
| 2022-12-31 | NT$1.26 Billion | +368.79% |
| 2021-12-31 | NT$268.07 Million | +250.42% |
| 2020-12-31 | NT$76.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ion Electronic Materials 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 20158700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$156.73 Million | 12.31% |
| Common Stock | NT$340.65 Million | 26.76% |
| Other Comprehensive Income | NT$4.23 Million | 0.33% |
| Other Components | NT$771.48 Million | 60.60% |
| Total Equity | NT$1.27 Billion | 100.00% |
Ion Electronic Materials Co., Ltd. Competitors by Market Cap
The table below lists competitors of Ion Electronic Materials Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kenorland Minerals Ltd
OTCQX:KLDCF
|
$44.47 Million |
|
Wayi International Digital Entertainment Co
TWO:3086
|
$44.55 Million |
|
Clene Inc.
NASDAQ:CLNN
|
$44.56 Million |
|
BIDV Securities JSC
VN:BSI
|
$44.56 Million |
|
Tirupati Forge Limited
NSE:TIRUPATIFL
|
$44.46 Million |
|
Apex Critical Metals Corp.
OTCQB:APXCF
|
$44.44 Million |
|
Sermsang Power Corporation Public Company Limited
BK:SSP
|
$44.44 Million |
|
BURELLE SA NOM. EO 15
F:7SP
|
$44.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ion Electronic Materials Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,346,996,000 to 1,273,092,000, a change of -73,904,000 (-5.5%).
- Net loss of 42,363,000 reduced equity.
- Dividend payments of 40,981,000 reduced retained earnings.
- New share issuances of 4,761,000 increased equity.
- Other comprehensive income increased equity by 4,230,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-42.36 Million | -3.33% |
| Dividends Paid | NT$40.98 Million | -3.22% |
| Share Issuances | NT$4.76 Million | +0.37% |
| Other Comprehensive Income | NT$4.23 Million | +0.33% |
| Other Changes | NT$449.00K | +0.04% |
| Total Change | NT$- | -5.49% |
Book Value vs Market Value Analysis
This analysis compares Ion Electronic Materials 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: 2.05x
- 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 3.43x to 2.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$22.42 | NT$76.80 | x |
| 2021-12-31 | NT$14.55 | NT$76.80 | x |
| 2022-12-31 | NT$50.22 | NT$76.80 | x |
| 2023-12-31 | NT$39.40 | NT$76.80 | x |
| 2024-12-31 | NT$37.44 | NT$76.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ion Electronic Materials Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.54%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.55x
- Recent ROE (-3.33%) is below the historical average (6.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -27.16% | -44.08% | 0.44x | 1.41x | NT$-28.43 Million |
| 2021 | 50.42% | 35.96% | 0.54x | 2.60x | NT$102.24 Million |
| 2022 | 8.33% | 11.10% | 0.57x | 1.33x | NT$-20.93 Million |
| 2023 | 6.59% | 18.91% | 0.28x | 1.26x | NT$-45.97 Million |
| 2024 | -3.33% | -8.54% | 0.25x | 1.55x | NT$-169.67 Million |
Industry Comparison
This section compares Ion Electronic Materials Co., Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $44,934,559,200
- Average return on equity (ROE) among peers: 11.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ion Electronic Materials Co., Ltd. (6959) | NT$1.21 Billion | -27.16% | 0.65x | $44.46 Million |
| Formosa Plastics Corp (1301) | $225.33 Billion | 12.22% | 0.47x | $5.82 Billion |
| Nan Ya Plastics Corp (1303) | $142.47 Billion | 14.77% | 1.15x | $13.36 Billion |
| USI Corp (1304) | $29.40 Billion | 10.91% | 0.90x | $220.86 Million |
| China General Plastics Corp (1305) | $4.97 Billion | 0.94% | 1.40x | $160.91 Million |
| Asia Polymer Corp (1308) | $9.82 Billion | 5.76% | 0.52x | $156.91 Million |
| Taita Chemical Co Ltd (1309) | $3.69 Billion | 0.65% | 0.67x | $113.99 Million |
| China Petrochemical Development Corp (1314) | $22.05 Billion | 8.06% | 1.26x | $902.62 Million |
| Ocean Plastics Co Ltd (1321) | $2.93 Billion | 13.39% | 0.47x | $168.69 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $2.63 Billion | 37.56% | 0.24x | $42.00 Million |
| Everlight Chemical Industrial Corp (1711) | $6.07 Billion | 11.90% | 0.51x | $317.86 Million |