ShineMore Technology Materials Co., Ltd.
ShineMore Technology Materials Co., Ltd. engages in the manufacturing, processing, marketing, and sale of copper foil circuit boards and adhesive films in Taiwan and Japan. It offers FR-4 CCL, prepreg/bonding sheet, and metal CCL products. The company was founded in 1997 and is based in Taoyuan City, Taiwan. ShineMore Technology Materials Co., Ltd. is a subsidiary of Daito Me Co Ltd.
ShineMore Technology Materials Co., Ltd. (8291) - Net Assets
Latest net assets as of December 2025: NT$73.93 Million TWD
Based on the latest financial reports, ShineMore Technology Materials Co., Ltd. (8291) has net assets worth NT$73.93 Million TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$237.49 Million) and total liabilities (NT$163.56 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$73.93 Million |
| % of Total Assets | 31.13% |
| Annual Growth Rate | -11.79% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 110.92 |
ShineMore Technology Materials Co., Ltd. - Net Assets Trend (2022–2025)
This chart illustrates how ShineMore Technology 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 ShineMore Technology Materials Co., Ltd. (2022–2025)
The table below shows the annual net assets of ShineMore Technology Materials Co., Ltd. from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$73.93 Million | -31.36% |
| 2024-12-31 | NT$107.71 Million | +185.33% |
| 2023-12-31 | NT$37.75 Million | -64.95% |
| 2022-12-31 | NT$107.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ShineMore Technology 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 26455900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$174.90 Million | 236.58% |
| Total Equity | NT$73.93 Million | 100.00% |
ShineMore Technology Materials Co., Ltd. Competitors by Market Cap
The table below lists competitors of ShineMore Technology Materials Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ittehad Chemicals Ltd
KAR:ICL
|
$3.76K |
|
POMDOCTOR LIMITED American Depositary Shares
NASDAQ:POM
|
$3.76K |
|
FIH Group PLC
LSE:FIH
|
$3.76K |
|
CO2 CAPSOL AS NK 1
F:W9K
|
$3.76K |
|
Puradyn Filter Technologies Inc
PINK:PFTI
|
$3.75K |
|
HBL Total TreasuryXD
KAR:HBLTETF
|
$3.75K |
|
Trailblazer Merger Corporation I Rights
NASDAQ:TBMCR
|
$3.74K |
|
DT.EFF.&WECHSEL-BET
MU:EFF
|
$3.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ShineMore Technology Materials Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 107,707,000 to 73,929,000, a change of -33,778,000 (-31.4%).
- Net loss of 34,081,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-34.08 Million | -46.1% |
| Other Changes | NT$303.00K | +0.41% |
| Total Change | NT$- | -31.36% |
Book Value vs Market Value Analysis
This analysis compares ShineMore Technology 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: 3.24x
- 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 1.62x to 3.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | NT$8.43 | NT$13.70 | x |
| 2023-12-31 | NT$2.96 | NT$13.70 | x |
| 2024-12-31 | NT$6.16 | NT$13.70 | x |
| 2025-12-31 | NT$4.23 | NT$13.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ShineMore Technology Materials Co., Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -46.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1182.14%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 3.21x
- Recent ROE (-46.10%) is above the historical average (-88.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -55.10% | -59.63% | 0.26x | 3.50x | NT$-70.12 Million |
| 2023 | -187.90% | -191.56% | 0.12x | 8.40x | NT$-74.70 Million |
| 2024 | -65.33% | -694.22% | 0.04x | 2.60x | NT$-81.14 Million |
| 2025 | -46.10% | -1182.14% | 0.01x | 3.21x | NT$-41.47 Million |
Industry Comparison
This section compares ShineMore Technology Materials Co., Ltd.'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 |
|---|---|---|---|---|
| ShineMore Technology Materials Co., Ltd. (8291) | NT$73.93 Million | -55.10% | 2.21x | $3.75K |
| 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 |