Alcor Micro
Alcor Micro,Corp. designs, develops, and markets integrated semiconductors and software solutions for the personal computer peripherals and consumer electronics in China, Taiwan, South Korea, and internationally. It offers application-specific integrated circuit (ASIC) services, including front-end design, IP design, physical implementation, wafer foundry solutions, advanced packaging solutions, … Read more
Alcor Micro (8054) - Net Assets
Latest net assets as of September 2025: NT$4.72 Billion TWD
Based on the latest financial reports, Alcor Micro (8054) has net assets worth NT$4.72 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.69 Billion) and total liabilities (NT$2.97 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$4.72 Billion |
| % of Total Assets | 61.34% |
| Annual Growth Rate | 9.45% |
| 5-Year Change | 83.83% |
| 10-Year Change | N/A |
| Growth Volatility | 21.06 |
Alcor Micro - Net Assets Trend (2017–2024)
This chart illustrates how Alcor Micro's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alcor Micro (2017–2024)
The table below shows the annual net assets of Alcor Micro from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.31 Billion | -17.49% |
| 2023-12-31 | NT$5.23 Billion | +26.19% |
| 2022-12-31 | NT$4.14 Billion | +16.09% |
| 2021-12-31 | NT$3.57 Billion | +52.09% |
| 2020-12-31 | NT$2.35 Billion | -2.92% |
| 2019-12-31 | NT$2.42 Billion | -0.27% |
| 2018-12-31 | NT$2.42 Billion | +5.74% |
| 2017-12-31 | NT$2.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alcor Micro'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 216.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$2.82 Billion | 122.56% |
| Total Equity | NT$2.30 Billion | 100.00% |
Alcor Micro Competitors by Market Cap
The table below lists competitors of Alcor Micro ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Youdao Inc
NYSE:DAO
|
$273.19 Million |
|
KRISPY KREME DL-01
F:9YM
|
$273.26 Million |
|
Railtel Corporation Of India Limited
NSE:RAILTEL
|
$273.28 Million |
|
Alpha Hpa Ltd
AU:A4N
|
$273.34 Million |
|
Shenzhen Changfang Light Emitting
SHE:300301
|
$273.06 Million |
|
Monopar Therapeutics Inc
NASDAQ:MNPR
|
$273.04 Million |
|
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
|
$272.98 Million |
|
Henan Rebecca Hair Products Co Ltd
SHG:600439
|
$272.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alcor Micro's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,985,356,000 to 2,302,905,000, a change of -682,451,000 (-22.9%).
- Net loss of 223,279,000 reduced equity.
- Dividend payments of 48,787,000 reduced retained earnings.
- Other factors decreased equity by 410,385,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-223.28 Million | -9.7% |
| Dividends Paid | NT$48.79 Million | -2.12% |
| Other Changes | NT$-410.38 Million | -17.82% |
| Total Change | NT$- | -22.86% |
Book Value vs Market Value Analysis
This analysis compares Alcor Micro'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: 4.36x
- 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 3.78x to 4.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$26.74 | NT$101.00 | x |
| 2018-12-31 | NT$27.57 | NT$101.00 | x |
| 2019-12-31 | NT$27.34 | NT$101.00 | x |
| 2020-12-31 | NT$27.77 | NT$101.00 | x |
| 2021-12-31 | NT$33.10 | NT$101.00 | x |
| 2022-12-31 | NT$30.34 | NT$101.00 | x |
| 2023-12-31 | NT$29.93 | NT$101.00 | x |
| 2024-12-31 | NT$23.18 | NT$101.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alcor Micro utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.17%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.03x
- Recent ROE (-9.70%) is below the historical average (-0.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 4.00% | 4.05% | 0.75x | 1.32x | NT$-118.44 Million |
| 2018 | 3.93% | 4.67% | 0.65x | 1.29x | NT$-126.06 Million |
| 2019 | -5.05% | -8.75% | 0.42x | 1.38x | NT$-308.64 Million |
| 2020 | -2.16% | -3.69% | 0.42x | 1.41x | NT$-238.58 Million |
| 2021 | 8.02% | 16.15% | 0.37x | 1.34x | NT$-59.39 Million |
| 2022 | 1.87% | 3.21% | 0.33x | 1.77x | NT$-224.14 Million |
| 2023 | -3.74% | -5.62% | 0.31x | 2.17x | NT$-410.31 Million |
| 2024 | -9.70% | -10.17% | 0.31x | 3.03x | NT$-453.57 Million |
Industry Comparison
This section compares Alcor Micro's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alcor Micro (8054) | NT$4.72 Billion | 4.00% | 0.63x | $273.13 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |