Mortech Corporation
Mortech Corporation engages in the development and sale of polyimide films in Taiwan and internationally. Its products include PIF, PIN, PIB/PMB, PIA/PAB, and PIT type polyimide films, as well as artificial graphite sheets. The company's products are mainly used in electronic components, such as flexible printed circuit boards, integrated circuits, and motors and electrical appliances. Mortech Co… Read more
Mortech Corporation (7419) - Net Assets
Latest net assets as of June 2025: NT$296.66 Million TWD
Based on the latest financial reports, Mortech Corporation (7419) has net assets worth NT$296.66 Million 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$327.69 Million) and total liabilities (NT$31.03 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$296.66 Million |
| % of Total Assets | 90.53% |
| Annual Growth Rate | -6.87% |
| 5-Year Change | -27.03% |
| 10-Year Change | N/A |
| Growth Volatility | 5.01 |
Mortech Corporation - Net Assets Trend (2019–2024)
This chart illustrates how Mortech Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mortech Corporation (2019–2024)
The table below shows the annual net assets of Mortech Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$313.69 Million | -8.63% |
| 2023-12-31 | NT$343.32 Million | -14.71% |
| 2022-12-31 | NT$402.52 Million | +0.38% |
| 2021-12-31 | NT$400.99 Million | -6.73% |
| 2020-12-31 | NT$429.90 Million | -4.00% |
| 2019-12-31 | NT$447.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mortech Corporation'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 6862500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$400.00 Million | 127.51% |
| Other Comprehensive Income | NT$152.00K | 0.05% |
| Other Components | NT$991.00K | 0.32% |
| Total Equity | NT$313.69 Million | 100.00% |
Mortech Corporation Competitors by Market Cap
The table below lists competitors of Mortech Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aldeyra The
NASDAQ:ALDX
|
$59.00 Million |
|
Ezwelfare Co Ltd
KQ:090850
|
$59.01 Million |
|
Unifi Inc
NYSE:UFI
|
$59.04 Million |
|
CIKARANG LISTRINDO RP 200
F:B2O
|
$59.05 Million |
|
Akwel SA
PA:AKW
|
$58.97 Million |
|
Jade Biosciences, Inc.
NASDAQ:JBIO
|
$58.91 Million |
|
Soechi Lines Tbk
JK:SOCI
|
$58.89 Million |
|
Waldencast Acquisition Corp
NASDAQ:WALD
|
$58.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mortech Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 343,317,000 to 313,694,000, a change of -29,623,000 (-8.6%).
- Net loss of 29,623,000 reduced equity.
- Other comprehensive income increased equity by 152,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-29.62 Million | -9.44% |
| Other Comprehensive Income | NT$152.00K | +0.05% |
| Other Changes | NT$-152.00K | -0.05% |
| Total Change | NT$- | -8.63% |
Book Value vs Market Value Analysis
This analysis compares Mortech Corporation'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: 9.59x
- 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 6.29x to 9.59x 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$11.95 | NT$75.20 | x |
| 2020-12-31 | NT$10.75 | NT$75.20 | x |
| 2021-12-31 | NT$9.99 | NT$75.20 | x |
| 2022-12-31 | NT$10.06 | NT$75.20 | x |
| 2023-12-31 | NT$8.58 | NT$75.20 | x |
| 2024-12-31 | NT$7.84 | NT$75.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mortech Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.77%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.10x
- Recent ROE (-9.44%) is below the historical average (-6.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -4.20% | -18.76% | 0.20x | 1.14x | NT$-63.60 Million |
| 2020 | -4.16% | -20.90% | 0.18x | 1.13x | NT$-60.89 Million |
| 2021 | -7.21% | -26.14% | 0.24x | 1.15x | NT$-69.01 Million |
| 2022 | 0.38% | 1.37% | 0.24x | 1.13x | NT$-38.72 Million |
| 2023 | -17.24% | -114.57% | 0.14x | 1.10x | NT$-93.53 Million |
| 2024 | -9.44% | -38.77% | 0.22x | 1.10x | NT$-60.99 Million |
Industry Comparison
This section compares Mortech Corporation's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mortech Corporation (7419) | NT$296.66 Million | -4.20% | 0.10x | $58.98 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |