I-PEX Inc.
I-PEX Inc. develops, manufactures, and sells connectors and electronics components, automotive electronics components, and semiconductor manufacturing equipment in Japan, China, and rest of Asia. It offers connectors, including RF, micro coaxial/discrete cable, board to board, FPC/FFC, and I/O connectors, as well as power terminals and connectors; sensors; semiconductor molding machines; equipmen… Read more
I-PEX Inc. (DAIKF) - Net Assets
Latest net assets as of June 2024: $62.01 Billion USD
Based on the latest financial reports, I-PEX Inc. (DAIKF) has net assets worth $62.01 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($96.10 Billion) and total liabilities ($34.10 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 | $62.01 Billion |
| % of Total Assets | 64.52% |
| Annual Growth Rate | 5.65% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.34 |
I-PEX Inc. - Net Assets Trend (2020–2023)
This chart illustrates how I-PEX Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for I-PEX Inc. (2020–2023)
The table below shows the annual net assets of I-PEX Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $58.38 Billion | +0.07% |
| 2022-12-31 | $58.34 Billion | +2.77% |
| 2021-12-31 | $56.77 Billion | +14.66% |
| 2020-12-31 | $49.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to I-PEX Inc.'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 8.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $30.35 Billion | 52.08% |
| Other Components | $27.93 Billion | 47.92% |
| Total Equity | $58.28 Billion | 100.00% |
I-PEX Inc. Competitors by Market Cap
The table below lists competitors of I-PEX Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEXCOM International Co Ltd
TWO:8234
|
$184.25 Million |
|
Curacle Co. Ltd.
KQ:365270
|
$184.26 Million |
|
C4 Therapeutics Inc
NASDAQ:CCCC
|
$184.28 Million |
|
Protara Therapeutics Inc
NASDAQ:TARA
|
$184.32 Million |
|
Solbar Ningbo Protein Technology Co., Ltd.
SHG:603231
|
$184.20 Million |
|
DOMINION LENDING C. O.N.
F:B6M
|
$184.19 Million |
|
The Lion Electric Company
PINK:LEVWQ
|
$184.18 Million |
|
295310
KQ:295310
|
$184.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in I-PEX Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 58,239,000,000 to 58,284,000,000, a change of 45,000,000 (0.1%).
- Net loss of 1,269,000,000 reduced equity.
- Dividend payments of 742,000,000 reduced retained earnings.
- Other factors increased equity by 2,056,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.27 Billion | -2.18% |
| Dividends Paid | $742.00 Million | -1.27% |
| Other Changes | $2.06 Billion | +3.53% |
| Total Change | $- | 0.08% |
Book Value vs Market Value Analysis
This analysis compares I-PEX Inc.'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: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $2641.49 | $17.60 | x |
| 2021-12-31 | $3060.66 | $17.60 | x |
| 2022-12-31 | $3139.43 | $17.60 | x |
| 2023-12-31 | $3141.89 | $17.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently I-PEX Inc. 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): -2.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.15%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.57x
- Recent ROE (-2.18%) is below the historical average (2.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 2.33% | 2.11% | 0.67x | 1.66x | $-3.79 Billion |
| 2021 | 10.44% | 8.85% | 0.73x | 1.62x | $251.50 Million |
| 2022 | 0.29% | 0.28% | 0.65x | 1.58x | $-5.66 Billion |
| 2023 | -2.18% | -2.15% | 0.64x | 1.57x | $-7.10 Billion |
Industry Comparison
This section compares I-PEX Inc.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| I-PEX Inc. (DAIKF) | $62.01 Billion | 2.33% | 0.55x | $184.21 Million |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |