Chip Hope Co. Ltd
Chip Hope Co., Ltd, together with its subsidiaries, engages in the manufacture and trading of memory products in Taiwan and China. The company offers memory products for memory cards, medical equipment products, and acoustic devices. It also involved in the trading of electronic component materials, semiconductors, and communication devices and software; development of electronic products and new… Read more
Chip Hope Co. Ltd (8084) - Net Assets
Latest net assets as of June 2024: NT$517.74 Million TWD
Based on the latest financial reports, Chip Hope Co. Ltd (8084) has net assets worth NT$517.74 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$867.68 Million) and total liabilities (NT$349.93 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$517.74 Million |
| % of Total Assets | 59.67% |
| Annual Growth Rate | -18.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 36.63 |
Chip Hope Co. Ltd - Net Assets Trend (2019–2023)
This chart illustrates how Chip Hope 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 Chip Hope Co. Ltd (2019–2023)
The table below shows the annual net assets of Chip Hope Co. Ltd from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$550.08 Million | +33.13% |
| 2022-12-31 | NT$413.19 Million | +10.10% |
| 2021-12-31 | NT$375.28 Million | -13.50% |
| 2020-12-31 | NT$433.87 Million | -65.63% |
| 2019-12-31 | NT$1.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chip Hope 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 11764600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$695.14 Million | 128.86% |
| Other Components | NT$4.19 Million | 0.78% |
| Total Equity | NT$539.46 Million | 100.00% |
Chip Hope Co. Ltd Competitors by Market Cap
The table below lists competitors of Chip Hope Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maeil Dairies Co. Ltd
KQ:267980
|
$93.32 Million |
|
Orchid Pharma Limited
NSE:ORCHPHARMA
|
$93.32 Million |
|
Viridis Mining and Minerals Ltd
AU:VMM
|
$93.33 Million |
|
Renascor Resources Ltd
AU:RNU
|
$93.35 Million |
|
Gallant Venture Ltd
PINK:GLVNF
|
$93.31 Million |
|
QUISITIVE TECH. SOL.
F:N0C
|
$93.23 Million |
|
Asia Sermkij Leasing Public Company Limited
BK:ASK
|
$93.23 Million |
|
Sungshin Cement Co Ltd
KO:004985
|
$93.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chip Hope Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 402,192,000 to 539,457,000, a change of 137,265,000 (34.1%).
- Net income of 109,489,000 contributed positively to equity growth.
- Other factors increased equity by 27,776,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$109.49 Million | +20.3% |
| Other Changes | NT$27.78 Million | +5.15% |
| Total Change | NT$- | 34.13% |
Book Value vs Market Value Analysis
This analysis compares Chip Hope 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: 6.43x
- 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 6.85x to 6.43x 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$7.29 | NT$49.90 | x |
| 2020-12-31 | NT$5.84 | NT$49.90 | x |
| 2021-12-31 | NT$5.20 | NT$49.90 | x |
| 2022-12-31 | NT$5.79 | NT$49.90 | x |
| 2023-12-31 | NT$7.76 | NT$49.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chip Hope Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.33%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.07x
- Recent ROE (20.30%) is above the historical average (-13.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -46.76% | -12.19% | 1.62x | 2.37x | NT$-303.09 Million |
| 2020 | -39.93% | -16.72% | 0.94x | 2.55x | NT$-213.64 Million |
| 2021 | -15.97% | -6.76% | 0.70x | 3.37x | NT$-93.61 Million |
| 2022 | 14.27% | 4.95% | 0.99x | 2.92x | NT$17.19 Million |
| 2023 | 20.30% | 12.33% | 0.79x | 2.07x | NT$55.54 Million |
Industry Comparison
This section compares Chip Hope Co. Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $20,387,667,400
- Average return on equity (ROE) among peers: -0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chip Hope Co. Ltd (8084) | NT$517.74 Million | -46.76% | 0.68x | $93.31 Million |
| Polylite Taiwan Co Ltd (1813) | $1.02 Billion | 9.68% | 0.11x | $10.90 Million |
| Orient Semiconductor Electronics Ltd (2329) | $5.50 Billion | -2.03% | 2.04x | $836.46 Million |
| Macronix International Co Ltd (2337) | $22.78 Billion | -28.37% | 0.97x | $5.52 Billion |
| Optotech Corp (2340) | $7.12 Billion | 4.72% | 0.60x | $279.36 Million |
| Mosel Vitelic Inc (2342) | $1.29 Billion | -1.88% | 1.06x | $98.63 Million |
| Winbond Electronics Corp (2344) | $78.11 Billion | 0.00% | 0.35x | $10.24 Billion |
| Silicon Integrated Systems Corp (2363) | $18.37 Billion | 0.00% | 0.92x | $603.45 Million |
| Realtek Semiconductor Corp (2379) | $20.64 Billion | 13.14% | 0.11x | $6.64 Billion |
| VIA Technologies Inc (2388) | $15.91 Billion | 0.00% | 0.71x | $369.19 Million |
| Nanya Technology Corp (2408) | $33.14 Billion | 0.00% | 1.31x | $9.33 Billion |