Lingsen Precision Industries Ltd
Lingsen Precision Industries, Ltd. engages in the semiconductor business in Taiwan, rest of Asia, Europe, the Americas, and Africa. The company is involved in assembly and testing of various integrated circuit and optoelectronics products; and testing, manufacture, packaging, and trading of various semiconductors. It offers assembly services, including reliability test, failure analysis, package … Read more
Lingsen Precision Industries Ltd (2369) - Net Assets
Latest net assets as of September 2025: NT$4.95 Billion TWD
Based on the latest financial reports, Lingsen Precision Industries Ltd (2369) has net assets worth NT$4.95 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$7.32 Billion) and total liabilities (NT$2.37 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 | NT$4.95 Billion |
| % of Total Assets | 67.61% |
| Annual Growth Rate | 1.94% |
| 5-Year Change | 6.75% |
| 10-Year Change | -12.06% |
| Growth Volatility | 8.45 |
Lingsen Precision Industries Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Lingsen Precision Industries 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 Lingsen Precision Industries Ltd (2002–2024)
The table below shows the annual net assets of Lingsen Precision Industries Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$5.48 Billion | -3.53% |
| 2023-12-31 | NT$5.68 Billion | -4.51% |
| 2022-12-31 | NT$5.95 Billion | -2.43% |
| 2021-12-31 | NT$6.10 Billion | +18.78% |
| 2020-12-31 | NT$5.13 Billion | -3.35% |
| 2019-12-31 | NT$5.31 Billion | -10.58% |
| 2018-12-31 | NT$5.94 Billion | -5.18% |
| 2017-12-31 | NT$6.26 Billion | -1.06% |
| 2016-12-31 | NT$6.33 Billion | +1.60% |
| 2015-12-31 | NT$6.23 Billion | -5.51% |
| 2014-12-31 | NT$6.60 Billion | +0.92% |
| 2013-12-31 | NT$6.54 Billion | -0.79% |
| 2012-12-31 | NT$6.59 Billion | +2.82% |
| 2011-12-31 | NT$6.41 Billion | -0.98% |
| 2010-12-31 | NT$6.47 Billion | +13.38% |
| 2009-12-31 | NT$5.71 Billion | +5.51% |
| 2008-12-31 | NT$5.41 Billion | -1.93% |
| 2007-12-31 | NT$5.52 Billion | +20.22% |
| 2006-12-31 | NT$4.59 Billion | +4.89% |
| 2005-12-31 | NT$4.37 Billion | -6.31% |
| 2004-12-31 | NT$4.67 Billion | +17.18% |
| 2003-12-31 | NT$3.98 Billion | +10.87% |
| 2002-12-31 | NT$3.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lingsen Precision Industries 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 28786300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$287.86 Million | 5.45% |
| Common Stock | NT$3.80 Billion | 72.00% |
| Other Comprehensive Income | NT$-2.43 Million | -0.05% |
| Other Components | NT$1.19 Billion | 22.59% |
| Total Equity | NT$5.28 Billion | 100.00% |
Lingsen Precision Industries Ltd Competitors by Market Cap
The table below lists competitors of Lingsen Precision Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nerdwallet Inc
NASDAQ:NRDS
|
$285.77 Million |
|
ShaoYang Victor Hydraulics Co.Ltd
SHE:301079
|
$285.80 Million |
|
Altri SGPS SA
LS:ALTR
|
$285.84 Million |
|
Flinders Resources Limited
V:FDR
|
$285.86 Million |
|
Seoul Semiconductor Co. Ltd
KQ:046890
|
$285.72 Million |
|
ACME Solar Holdings Limited
NSE:ACMESOLAR
|
$285.71 Million |
|
Ooh!Media Ltd
AU:OML
|
$285.65 Million |
|
SmartRent Inc
NYSE:SMRT
|
$285.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lingsen Precision Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,446,742,000 to 5,278,895,000, a change of -167,847,000 (-3.1%).
- Net loss of 168,228,000 reduced equity.
- Dividend payments of 112,333,000 reduced retained earnings.
- Other comprehensive income decreased equity by 369,793,999.
- Other factors increased equity by 482,507,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-168.23 Million | -3.19% |
| Dividends Paid | NT$112.33 Million | -2.13% |
| Other Comprehensive Income | NT$-369.79 Million | -7.01% |
| Other Changes | NT$482.51 Million | +9.14% |
| Total Change | NT$- | -3.08% |
Book Value vs Market Value Analysis
This analysis compares Lingsen Precision Industries 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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$14.73 | NT$29.85 | x |
| 2010-12-31 | NT$16.71 | NT$29.85 | x |
| 2011-12-31 | NT$16.46 | NT$29.85 | x |
| 2012-12-31 | NT$16.96 | NT$29.85 | x |
| 2013-12-31 | NT$16.83 | NT$29.85 | x |
| 2014-12-31 | NT$17.08 | NT$29.85 | x |
| 2015-12-31 | NT$16.21 | NT$29.85 | x |
| 2016-12-31 | NT$16.39 | NT$29.85 | x |
| 2017-12-31 | NT$16.21 | NT$29.85 | x |
| 2018-12-31 | NT$15.37 | NT$29.85 | x |
| 2019-12-31 | NT$13.69 | NT$29.85 | x |
| 2020-12-31 | NT$13.21 | NT$29.85 | x |
| 2021-12-31 | NT$15.55 | NT$29.85 | x |
| 2022-12-31 | NT$15.19 | NT$29.85 | x |
| 2023-12-31 | NT$14.55 | NT$29.85 | x |
| 2024-12-31 | NT$14.04 | NT$29.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lingsen Precision Industries Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.13%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.42x
- Recent ROE (-3.19%) is below the historical average (3.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 9.27% | 9.43% | 0.69x | 1.43x | NT$-29.11 Million |
| 2004 | 8.06% | 7.93% | 0.77x | 1.32x | NT$-90.45 Million |
| 2006 | 3.93% | 3.32% | 0.74x | 1.60x | NT$-269.20 Million |
| 2007 | 5.58% | 5.30% | 0.68x | 1.55x | NT$-233.37 Million |
| 2008 | 4.58% | 4.26% | 0.71x | 1.52x | NT$-280.36 Million |
| 2009 | 4.90% | 5.13% | 0.65x | 1.47x | NT$-280.47 Million |
| 2010 | 12.52% | 11.42% | 0.82x | 1.34x | NT$158.51 Million |
| 2011 | 6.47% | 6.31% | 0.80x | 1.28x | NT$-220.24 Million |
| 2012 | 5.83% | 5.88% | 0.76x | 1.31x | NT$-267.27 Million |
| 2013 | 5.68% | 5.98% | 0.70x | 1.37x | NT$-275.03 Million |
| 2014 | 2.91% | 3.15% | 0.61x | 1.52x | NT$-455.47 Million |
| 2015 | -1.30% | -1.44% | 0.57x | 1.59x | NT$-685.88 Million |
| 2016 | 3.78% | 4.15% | 0.58x | 1.57x | NT$-383.76 Million |
| 2017 | 2.15% | 2.16% | 0.65x | 1.53x | NT$-478.27 Million |
| 2018 | -3.60% | -3.95% | 0.64x | 1.42x | NT$-782.78 Million |
| 2019 | -10.77% | -11.70% | 0.57x | 1.61x | NT$-1.06 Billion |
| 2020 | -3.30% | -2.99% | 0.71x | 1.55x | NT$-657.83 Million |
| 2021 | 14.93% | 11.30% | 0.82x | 1.61x | NT$288.54 Million |
| 2022 | 3.63% | 3.45% | 0.69x | 1.53x | NT$-363.86 Million |
| 2023 | -2.87% | -2.76% | 0.71x | 1.46x | NT$-701.13 Million |
| 2024 | -3.19% | -3.13% | 0.72x | 1.42x | NT$-696.12 Million |
Industry Comparison
This section compares Lingsen Precision Industries Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $3,814,171,222
- Average return on equity (ROE) among peers: 6.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lingsen Precision Industries Ltd (2369) | NT$4.95 Billion | 9.27% | 0.48x | $285.76 Million |
| Rectron Ltd (2302) | $1.74 Billion | 6.07% | 0.23x | $39.77 Million |
| Taiwan Mask Corp (2338) | $3.62 Billion | -1.02% | 0.09x | $217.60 Million |
| Greatek Electronics Inc (2441) | $9.68 Billion | 16.62% | 0.10x | $727.39 Million |
| Visual Photonics Epitaxy Co Ltd (2455) | $919.04 Million | 0.00% | 0.65x | $1.13 Billion |
| Pan Jit International Inc (2481) | $7.85 Billion | 5.85% | 1.65x | $824.61 Million |
| Ampoc Far-East Co Ltd (2493) | $2.16 Billion | 18.34% | 0.50x | $265.52 Million |
| Episil-Precision Inc (3016) | $1.06 Billion | 1.57% | 0.14x | $187.04 Million |
| Zenitron Corp (3028) | $4.03 Billion | 10.78% | 1.64x | $312.17 Million |
| ALi Corp (3041) | $3.27 Billion | 0.43% | 0.15x | $98.65 Million |