Preformed Line Products Company
Preformed Line Products Company designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries. The company offers optical ground wire products to support, protect, terminate, and splice transmission and distribution lines, as we… Read more
Preformed Line Products Company (PLPC) - Net Assets
Latest net assets as of September 2025: $466.34 Million USD
Based on the latest financial reports, Preformed Line Products Company (PLPC) has net assets worth $466.34 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($644.62 Million) and total liabilities ($178.28 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 | $466.34 Million |
| % of Total Assets | 72.34% |
| Annual Growth Rate | 5.24% |
| 5-Year Change | 44.6% |
| 10-Year Change | 92.86% |
| Growth Volatility | 8.2 |
Preformed Line Products Company - Net Assets Trend (2000–2024)
This chart illustrates how Preformed Line Products Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Preformed Line Products Company (2000–2024)
The table below shows the annual net assets of Preformed Line Products Company from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $422.32 Million | +1.48% |
| 2023-12-31 | $416.16 Million | +16.04% |
| 2022-12-31 | $358.62 Million | +13.45% |
| 2021-12-31 | $316.10 Million | +8.23% |
| 2020-12-31 | $292.07 Million | +8.75% |
| 2019-12-31 | $268.57 Million | +7.70% |
| 2018-12-31 | $249.37 Million | +4.54% |
| 2017-12-31 | $238.54 Million | +6.71% |
| 2016-12-31 | $223.54 Million | +2.08% |
| 2015-12-31 | $218.98 Million | -9.86% |
| 2014-12-31 | $242.93 Million | -3.73% |
| 2013-12-31 | $252.33 Million | +4.67% |
| 2012-12-31 | $241.07 Million | +13.25% |
| 2011-12-31 | $212.86 Million | +8.90% |
| 2010-12-31 | $195.47 Million | +14.43% |
| 2009-12-31 | $170.82 Million | +24.69% |
| 2008-12-31 | $137.00 Million | -9.04% |
| 2007-12-31 | $150.62 Million | +15.04% |
| 2006-12-31 | $130.93 Million | -1.95% |
| 2005-12-31 | $133.54 Million | +4.06% |
| 2004-12-31 | $128.34 Million | +6.30% |
| 2003-12-31 | $120.73 Million | +5.81% |
| 2002-12-31 | $114.10 Million | -5.53% |
| 2001-12-31 | $120.78 Million | -2.52% |
| 2000-12-31 | $123.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Preformed Line Products Company'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 332.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $553.18 Million | 130.99% |
| Common Stock | $13.75 Million | 3.26% |
| Other Comprehensive Income | $-82.91 Million | -19.63% |
| Total Equity | $422.31 Million | 100.00% |
Preformed Line Products Company Competitors by Market Cap
The table below lists competitors of Preformed Line Products Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sitronix Technology Corp
TW:8016
|
$637.25 Million |
|
Hoymiles Power Electronics Inc
SHG:688032
|
$637.33 Million |
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
$637.44 Million |
|
Shanghai Weaver Network Co Ltd
SHG:603039
|
$637.44 Million |
|
Bingo Software Co Ltd
SHG:688227
|
$637.00 Million |
|
Workman Co.Ltd
PINK:WKISF
|
$636.91 Million |
|
Cangzhou Dahua Co Ltd
SHG:600230
|
$636.77 Million |
|
Avid Bioservices Inc
NASDAQ:CDMO
|
$636.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Preformed Line Products Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 416,164,000 to 422,315,000, a change of 6,151,000 (1.5%).
- Net income of 37,094,000 contributed positively to equity growth.
- Dividend payments of 4,076,000 reduced retained earnings.
- Share repurchases of 8,605,000 reduced equity.
- New share issuances of 214,000 increased equity.
- Other comprehensive income decreased equity by 22,603,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $37.09 Million | +8.78% |
| Dividends Paid | $4.08 Million | -0.97% |
| Share Repurchases | $8.61 Million | -2.04% |
| Share Issuances | $214.00K | +0.05% |
| Other Comprehensive Income | $-22.60 Million | -5.35% |
| Other Changes | $4.13 Million | +0.98% |
| Total Change | $- | 1.48% |
Book Value vs Market Value Analysis
This analysis compares Preformed Line Products Company'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: 2.93x
- 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 11.68x to 2.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $21.39 | $249.86 | x |
| 2001-12-31 | $20.99 | $249.86 | x |
| 2002-12-31 | $19.79 | $249.86 | x |
| 2003-12-31 | $20.93 | $249.86 | x |
| 2004-12-31 | $22.25 | $249.86 | x |
| 2005-12-31 | $23.09 | $249.86 | x |
| 2006-12-31 | $23.13 | $249.86 | x |
| 2007-12-31 | $27.64 | $249.86 | x |
| 2008-12-31 | $25.52 | $249.86 | x |
| 2009-12-31 | $31.86 | $249.86 | x |
| 2010-12-31 | $36.76 | $249.86 | x |
| 2011-12-31 | $39.73 | $249.86 | x |
| 2012-12-31 | $44.88 | $249.86 | x |
| 2013-12-31 | $46.16 | $249.86 | x |
| 2014-12-31 | $45.14 | $249.86 | x |
| 2015-12-31 | $40.81 | $249.86 | x |
| 2016-12-31 | $43.17 | $249.86 | x |
| 2017-12-31 | $46.47 | $249.86 | x |
| 2018-12-31 | $48.83 | $249.86 | x |
| 2019-12-31 | $52.79 | $249.86 | x |
| 2020-12-31 | $58.60 | $249.86 | x |
| 2021-12-31 | $63.61 | $249.86 | x |
| 2022-12-31 | $71.74 | $249.86 | x |
| 2023-12-31 | $83.28 | $249.86 | x |
| 2024-12-31 | $85.37 | $249.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Preformed Line Products Company 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): 8.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.25%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.36x
- Recent ROE (8.78%) is below the historical average (9.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.92% | 5.33% | 1.22x | 1.38x | $-1.33 Million |
| 2001 | 4.29% | 2.64% | 1.22x | 1.33x | $-6.90 Million |
| 2002 | -1.00% | -0.67% | 1.17x | 1.27x | $-12.55 Million |
| 2003 | 3.63% | 2.86% | 1.02x | 1.24x | $-7.69 Million |
| 2004 | 10.16% | 7.12% | 1.15x | 1.24x | $203.30K |
| 2005 | 8.98% | 5.82% | 1.22x | 1.26x | $-1.37 Million |
| 2006 | 9.21% | 5.56% | 1.27x | 1.31x | $-1.03 Million |
| 2007 | 9.46% | 5.56% | 1.25x | 1.36x | $-813.10K |
| 2008 | 12.93% | 6.53% | 1.41x | 1.40x | $4.00 Million |
| 2009 | 13.66% | 9.08% | 1.09x | 1.38x | $6.26 Million |
| 2010 | 11.78% | 6.83% | 1.20x | 1.43x | $3.50 Million |
| 2011 | 14.56% | 7.30% | 1.30x | 1.54x | $9.70 Million |
| 2012 | 12.15% | 6.67% | 1.32x | 1.38x | $5.18 Million |
| 2013 | 8.16% | 5.02% | 1.23x | 1.32x | $-4.65 Million |
| 2014 | 5.29% | 3.31% | 1.10x | 1.46x | $-11.43 Million |
| 2015 | 3.05% | 1.88% | 1.09x | 1.48x | $-15.22 Million |
| 2016 | 6.82% | 4.53% | 0.99x | 1.53x | $-7.10 Million |
| 2017 | 5.30% | 3.35% | 1.05x | 1.51x | $-11.20 Million |
| 2018 | 10.66% | 6.32% | 1.17x | 1.44x | $1.64 Million |
| 2019 | 8.68% | 5.24% | 1.03x | 1.61x | $-3.55 Million |
| 2020 | 10.20% | 6.39% | 1.01x | 1.58x | $595.20K |
| 2021 | 11.30% | 6.91% | 1.06x | 1.55x | $4.12 Million |
| 2022 | 15.17% | 8.54% | 1.12x | 1.59x | $18.53 Million |
| 2023 | 15.22% | 9.46% | 1.11x | 1.45x | $21.72 Million |
| 2024 | 8.78% | 6.25% | 1.03x | 1.36x | $-5.14 Million |
Industry Comparison
This section compares Preformed Line Products Company's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $402,494,093
- Average return on equity (ROE) among peers: -73.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Preformed Line Products Company (PLPC) | $466.34 Million | 8.92% | 0.38x | $637.12 Million |
| ABB Ltd (ABBNY) | $3.12 Billion | -1.12% | 6.91x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $214.11 Million | -0.26% | 0.04x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $1.69 Million | -712.54% | 36.25x | $196.30 Million |
| Advanced Energy Industries Inc (AEIS) | $262.87 Million | -60.29% | 0.79x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $8.93 Million | -46.32% | 0.11x | $91.15 Million |
| Alfen N.V (ALFNF) | $5.08 Million | 22.32% | 3.51x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $59.80 Million | -61.50% | 0.80x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $222.83 Million | 3.91% | 0.50x | $18.10 Million |
| Astro Communications Inc (ASTO) | $6.57 Million | 7.33% | 0.16x | $19.95K |
| Atkore International Group Inc (ATKR) | $122.06 Million | 111.95% | 9.85x | $1.72 Billion |