Pan-International Industrial Corp Net Assets
Pan-International Industrial Corp net assets. Based on the latest financial reports, Pan-International Industrial Corp (2328) has net assets worth NT$16.11 Billion TWD (≈ $507.70 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 (NT$22.92 Billion ≈ $722.23 Million USD) and total liabilities (NT$6.81 Billion ≈ $214.53 Million USD). 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. Also explore Pan-International Industrial Corp equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$16.11 Billion |
| % of Total Assets | 70.3% |
| Annual Growth Rate | 4.87% |
| 5-Year Change | 28.91% |
| 10-Year Change | 45.68% |
| Growth Volatility | 19.94 |
Net Assets of Pan-International Industrial Corp (2000–2024)
Net assets of Pan-International Industrial Corp from 2000 to 2024. This chart illustrates how Pan-International Industrial Corp's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Pan-International Industrial Corp to measure how much of total assets are equity-financed.
Annual Net Assets for Pan-International Industrial Corp (2000–2024)
The table below shows the annual net assets of Pan-International Industrial Corp from 2000 to 2024. For live market cap and overall valuation, see 2328 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$16.49 Billion ≈ $519.40 Million |
+7.41% |
| 2023-12-31 | NT$15.35 Billion ≈ $483.55 Million |
+3.92% |
| 2022-12-31 | NT$14.77 Billion ≈ $465.32 Million |
+4.79% |
| 2021-12-31 | NT$14.09 Billion ≈ $444.04 Million |
+10.21% |
| 2020-12-31 | NT$12.79 Billion ≈ $402.90 Million |
+1.67% |
| 2019-12-31 | NT$12.58 Billion ≈ $396.27 Million |
+0.52% |
| 2018-12-31 | NT$12.51 Billion ≈ $394.23 Million |
+4.36% |
| 2017-12-31 | NT$11.99 Billion ≈ $377.78 Million |
+3.27% |
| 2016-12-31 | NT$11.61 Billion ≈ $365.80 Million |
+2.60% |
| 2015-12-31 | NT$11.32 Billion ≈ $356.53 Million |
-5.31% |
| 2014-12-31 | NT$11.95 Billion ≈ $376.54 Million |
+5.02% |
| 2013-12-31 | NT$11.38 Billion ≈ $358.54 Million |
-0.54% |
| 2012-12-31 | NT$11.44 Billion ≈ $360.49 Million |
+6.37% |
| 2011-12-31 | NT$10.76 Billion ≈ $338.90 Million |
-21.05% |
| 2010-12-31 | NT$13.62 Billion ≈ $429.24 Million |
-5.51% |
| 2009-12-31 | NT$14.42 Billion ≈ $454.26 Million |
+27.34% |
| 2008-12-31 | NT$11.32 Billion ≈ $356.72 Million |
-38.73% |
| 2007-12-31 | NT$18.48 Billion ≈ $582.20 Million |
+49.33% |
| 2006-12-31 | NT$12.38 Billion ≈ $389.88 Million |
+65.45% |
| 2005-12-31 | NT$7.48 Billion ≈ $235.66 Million |
+25.52% |
| 2004-12-31 | NT$5.96 Billion ≈ $187.74 Million |
+8.50% |
| 2003-12-31 | NT$5.49 Billion ≈ $173.02 Million |
+6.31% |
| 2002-12-31 | NT$5.17 Billion ≈ $162.76 Million |
-7.08% |
| 2001-12-31 | NT$5.56 Billion ≈ $175.16 Million |
+5.53% |
| 2000-12-31 | NT$5.27 Billion ≈ $165.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Pan-International Industrial Corp'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 566429300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Pan-International Industrial Corp Net Assets Breakdown (December 2024)
Pan-International Industrial Corp net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$5.66 Billion | 39.67% |
| Other Components | NT$8.61 Billion | 60.33% |
| Total Equity | NT$14.28 Billion | 100.00% |
Pan-International Industrial Corp Competitors by Market Cap
The table below lists competitors of Pan-International Industrial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changzhou Youon Pubilic Bicycle System Co Ltd
SHG:603776
|
$809.36 Million |
|
Peapack-Gladstone Financial
NASDAQ:PGC
|
$809.38 Million |
|
PolyPeptide Group AG
SW:PPGN
|
$810.06 Million |
|
Grocery Outlet Holding Corp
NASDAQ:GO
|
$810.18 Million |
|
Shanghai Research Institute of Building Sciences Group Co. Ltd A
SHG:603153
|
$809.07 Million |
|
Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR
|
$808.99 Million |
|
Xiandai Investment Co Ltd
SHE:000900
|
$808.47 Million |
|
Crossamerica Partners LP
NYSE:CAPL
|
$808.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pan-International Industrial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,406,397,000 to 14,279,049,000, a change of 872,652,000 (6.5%).
- Net income of 1,036,672,000 contributed positively to equity growth.
- Dividend payments of 673,850,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,476,782,000.
- Other factors increased equity by 1,986,612,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.04 Billion | +7.26% |
| Dividends Paid | NT$673.85 Million | -4.72% |
| Other Comprehensive Income | NT$-1.48 Billion | -10.34% |
| Other Changes | NT$1.99 Billion | +13.91% |
| Total Change | NT$- | 6.51% |
Book Value vs Market Value Analysis
This analysis compares Pan-International Industrial Corp'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: 1.80x
- 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 2.14x to 1.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$23.14 | NT$49.55 | x |
| 2007-12-31 | NT$34.24 | NT$49.55 | x |
| 2008-12-31 | NT$20.09 | NT$49.55 | x |
| 2009-12-31 | NT$25.80 | NT$49.55 | x |
| 2010-12-31 | NT$24.06 | NT$49.55 | x |
| 2011-12-31 | NT$18.28 | NT$49.55 | x |
| 2012-12-31 | NT$19.40 | NT$49.55 | x |
| 2013-12-31 | NT$19.20 | NT$49.55 | x |
| 2014-12-31 | NT$20.21 | NT$49.55 | x |
| 2015-12-31 | NT$19.06 | NT$49.55 | x |
| 2016-12-31 | NT$19.99 | NT$49.55 | x |
| 2017-12-31 | NT$20.18 | NT$49.55 | x |
| 2018-12-31 | NT$20.93 | NT$49.55 | x |
| 2019-12-31 | NT$21.01 | NT$49.55 | x |
| 2020-12-31 | NT$21.44 | NT$49.55 | x |
| 2021-12-31 | NT$23.86 | NT$49.55 | x |
| 2022-12-31 | NT$24.76 | NT$49.55 | x |
| 2023-12-31 | NT$25.74 | NT$49.55 | x |
| 2024-12-31 | NT$27.55 | NT$49.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pan-International Industrial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.75%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.73x
- Recent ROE (7.26%) is above the historical average (6.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.26% | 1.69% | 1.36x | 1.42x | NT$-321.70 Million |
| 2001 | 2.80% | 2.53% | 0.88x | 1.27x | NT$-361.69 Million |
| 2002 | 3.40% | 3.98% | 0.67x | 1.28x | NT$-340.75 Million |
| 2003 | 6.90% | 5.55% | 0.84x | 1.48x | NT$-170.45 Million |
| 2004 | 12.08% | 7.62% | 1.00x | 1.58x | NT$123.98 Million |
| 2005 | 11.41% | 6.52% | 1.02x | 1.71x | NT$96.60 Million |
| 2006 | 5.86% | 5.93% | 0.73x | 1.36x | NT$-482.09 Million |
| 2007 | 6.10% | 7.06% | 0.60x | 1.44x | NT$-684.11 Million |
| 2008 | 6.58% | 3.77% | 0.93x | 1.87x | NT$-354.33 Million |
| 2009 | 4.78% | 4.47% | 0.70x | 1.52x | NT$-694.48 Million |
| 2010 | 2.66% | 2.12% | 0.83x | 1.52x | NT$-912.27 Million |
| 2011 | -2.56% | -1.55% | 0.96x | 1.71x | NT$-1.19 Billion |
| 2012 | 4.00% | 2.29% | 0.90x | 1.93x | NT$-603.36 Million |
| 2013 | 3.26% | 2.11% | 0.80x | 1.94x | NT$-672.83 Million |
| 2014 | 2.00% | 1.22% | 0.89x | 1.84x | NT$-839.45 Million |
| 2015 | 2.89% | 1.50% | 1.01x | 1.91x | NT$-698.62 Million |
| 2016 | 10.72% | 5.97% | 0.98x | 1.83x | NT$73.64 Million |
| 2017 | 6.57% | 2.63% | 1.27x | 1.96x | NT$-359.96 Million |
| 2018 | 10.84% | 4.36% | 1.18x | 2.11x | NT$92.14 Million |
| 2019 | 9.39% | 4.02% | 1.18x | 1.98x | NT$-66.56 Million |
| 2020 | 5.94% | 3.23% | 0.99x | 1.85x | NT$-453.39 Million |
| 2021 | 7.79% | 3.99% | 1.00x | 1.96x | NT$-273.90 Million |
| 2022 | 10.25% | 5.04% | 1.03x | 1.97x | NT$32.38 Million |
| 2023 | 9.37% | 4.90% | 1.05x | 1.82x | NT$-83.93 Million |
| 2024 | 7.26% | 4.75% | 0.89x | 1.73x | NT$-391.23 Million |
Industry Comparison
This section compares Pan-International Industrial Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $18,229,327,556
- Average return on equity (ROE) among peers: 14.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pan-International Industrial Corp (2328) | NT$16.11 Billion | 3.26% | 0.42x | $809.19 Million |
| Syncmold Enterprise Corp (1582) | $692.08 Million | 47.67% | 1.23x | $297.71 Million |
| Fulltech Fiber Glass (1815) | $7.45 Billion | 8.07% | 0.98x | $2.15 Billion |
| Delta Electronics Inc (2308) | $27.56 Billion | 13.00% | 0.92x | $103.93 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.71 Billion | 20.43% | 1.15x | $6.98 Billion |
| WUS Printed Circuit Co Ltd (2316) | $6.09 Billion | 4.51% | 0.81x | $685.94 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $108.00 Billion |
| Yageo Corp (2327) | $29.33 Billion | 4.94% | 1.00x | $29.32 Billion |
| Chin-Poon Industrial Co Ltd (2355) | $17.27 Billion | 3.67% | 0.40x | $606.13 Million |
| Solomon Technology Corp (2359) | $4.35 Billion | 0.15% | 0.41x | $580.41 Million |
About Pan-International Industrial Corp
Pan-International Industrial Corp., together with its subsidiaries, provides electronic manufacturing services to technology companies in China, Hong Kong, Malaysia, the United States, Singapore, and Taiwan. It operates through Electronic Components and Consumer Electronics and Computer Peripherals segments. The company develops, manufactures, and sales of bulk wire and cables, electronic signal … Read more