Lien Chang Electronic Enterprise Co Ltd Net Assets
Lien Chang Electronic Enterprise Co Ltd net assets. Based on the latest financial reports, Lien Chang Electronic Enterprise Co Ltd (2431) has net assets worth NT$1.26 Billion TWD (≈ $39.71 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$1.43 Billion ≈ $45.10 Million USD) and total liabilities (NT$171.19 Million ≈ $5.39 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 Lien Chang Electronic Enterprise Co Ltd 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$1.26 Billion |
| % of Total Assets | 88.04% |
| Annual Growth Rate | -1.06% |
| 5-Year Change | -1.0% |
| 10-Year Change | -17.71% |
| Growth Volatility | 7.87 |
Net Assets of Lien Chang Electronic Enterprise Co Ltd (2002–2024)
Net assets of Lien Chang Electronic Enterprise Co Ltd from 2002 to 2024. This chart illustrates how Lien Chang Electronic Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is Lien Chang Electronic Enterprise Co Ltd's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Lien Chang Electronic Enterprise Co Ltd (2002–2024)
The table below shows the annual net assets of Lien Chang Electronic Enterprise Co Ltd from 2002 to 2024. For live market cap and overall valuation, see market value of Lien Chang Electronic Enterprise Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.36 Billion ≈ $42.94 Million |
+1.95% |
| 2023-12-31 | NT$1.34 Billion ≈ $42.12 Million |
-7.58% |
| 2022-12-31 | NT$1.45 Billion ≈ $45.57 Million |
-1.81% |
| 2021-12-31 | NT$1.47 Billion ≈ $46.41 Million |
+7.00% |
| 2020-12-31 | NT$1.38 Billion ≈ $43.38 Million |
+4.59% |
| 2019-12-31 | NT$1.32 Billion ≈ $41.47 Million |
+1.25% |
| 2018-12-31 | NT$1.30 Billion ≈ $40.96 Million |
-16.50% |
| 2017-12-31 | NT$1.56 Billion ≈ $49.06 Million |
-7.52% |
| 2016-12-31 | NT$1.68 Billion ≈ $53.05 Million |
+1.66% |
| 2015-12-31 | NT$1.66 Billion ≈ $52.18 Million |
-1.09% |
| 2014-12-31 | NT$1.67 Billion ≈ $52.76 Million |
+9.48% |
| 2013-12-31 | NT$1.53 Billion ≈ $48.19 Million |
+8.59% |
| 2012-12-31 | NT$1.41 Billion ≈ $44.38 Million |
-8.92% |
| 2011-12-31 | NT$1.55 Billion ≈ $48.72 Million |
-3.12% |
| 2010-12-31 | NT$1.60 Billion ≈ $50.29 Million |
+1.13% |
| 2009-12-31 | NT$1.58 Billion ≈ $49.73 Million |
+16.34% |
| 2008-12-31 | NT$1.36 Billion ≈ $42.74 Million |
-8.51% |
| 2007-12-31 | NT$1.48 Billion ≈ $46.72 Million |
-2.87% |
| 2006-12-31 | NT$1.53 Billion ≈ $48.10 Million |
-2.57% |
| 2005-12-31 | NT$1.57 Billion ≈ $49.37 Million |
+10.26% |
| 2004-12-31 | NT$1.42 Billion ≈ $44.77 Million |
-12.72% |
| 2003-12-31 | NT$1.63 Billion ≈ $51.30 Million |
-5.53% |
| 2002-12-31 | NT$1.72 Billion ≈ $54.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lien Chang Electronic Enterprise 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 decreased by 151.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Lien Chang Electronic Enterprise Co Ltd Net Assets Breakdown (December 2024)
Lien Chang Electronic Enterprise Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.11 Billion | 81.38% |
| Other Comprehensive Income | NT$163.00 Million | 11.96% |
| Other Components | NT$159.34 Million | 11.69% |
| Total Equity | NT$1.36 Billion | 100.00% |
Lien Chang Electronic Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of Lien Chang Electronic Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AGRONOMICS LTD.LS-0000001
F:V77
|
$35.82 Million |
|
GP Petroleums Limited
NSE:GULFPETRO
|
$35.84 Million |
|
Aviation Links Ltd
TA:AVIA
|
$35.84 Million |
|
Atlanta Poland SA
WAR:ATP
|
$35.88 Million |
|
Home Capital Rentals SOCIMI S.A.
MC:YHCR
|
$35.81 Million |
|
Mount Logan Capital Inc. Common Stock
NASDAQ:MLCI
|
$35.80 Million |
|
Prime Financial Group Ltd
AU:PFG
|
$35.80 Million |
|
Suparma Tbk
JK:SPMA
|
$35.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lien Chang Electronic Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,336,955,000 to 1,363,015,000, a change of 26,060,000 (1.9%).
- Net loss of 70,125,000 reduced equity.
- Other comprehensive income increased equity by 87,180,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-70.12 Million | -5.14% |
| Other Comprehensive Income | NT$87.18 Million | +6.4% |
| Other Changes | NT$9.01 Million | +0.66% |
| Total Change | NT$- | 1.95% |
Book Value vs Market Value Analysis
This analysis compares Lien Chang Electronic Enterprise 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: 0.84x
- 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.
- The price-to-book ratio has increased from 0.72x to 0.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$14.24 | NT$10.25 | x |
| 2010-12-31 | NT$14.38 | NT$10.25 | x |
| 2011-12-31 | NT$13.96 | NT$10.25 | x |
| 2012-12-31 | NT$12.70 | NT$10.25 | x |
| 2013-12-31 | NT$13.79 | NT$10.25 | x |
| 2014-12-31 | NT$15.08 | NT$10.25 | x |
| 2015-12-31 | NT$14.90 | NT$10.25 | x |
| 2016-12-31 | NT$15.04 | NT$10.25 | x |
| 2017-12-31 | NT$14.04 | NT$10.25 | x |
| 2018-12-31 | NT$11.72 | NT$10.25 | x |
| 2019-12-31 | NT$11.87 | NT$10.25 | x |
| 2020-12-31 | NT$12.41 | NT$10.25 | x |
| 2021-12-31 | NT$13.22 | NT$10.25 | x |
| 2022-12-31 | NT$13.02 | NT$10.25 | x |
| 2023-12-31 | NT$12.08 | NT$10.25 | x |
| 2024-12-31 | NT$12.19 | NT$10.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lien Chang Electronic Enterprise Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.37%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.16x
- Recent ROE (-5.14%) is below the historical average (1.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.52% | 6.24% | 0.77x | 1.36x | NT$-59.93 Million |
| 2003 | 7.11% | 5.35% | 0.85x | 1.57x | NT$-47.00 Million |
| 2005 | 8.21% | 3.09% | 1.46x | 1.83x | NT$-27.97 Million |
| 2009 | 12.09% | 5.69% | 1.31x | 1.62x | NT$33.03 Million |
| 2010 | 5.32% | 2.47% | 1.37x | 1.58x | NT$-74.69 Million |
| 2011 | -2.80% | -1.85% | 0.97x | 1.56x | NT$-197.97 Million |
| 2012 | -8.79% | -5.07% | 0.98x | 1.76x | NT$-264.71 Million |
| 2013 | 3.66% | 2.18% | 0.99x | 1.69x | NT$-96.94 Million |
| 2014 | 8.50% | 3.30% | 1.29x | 1.99x | NT$-25.09 Million |
| 2015 | 2.13% | 0.97% | 1.34x | 1.64x | NT$-130.28 Million |
| 2016 | 5.77% | 3.20% | 1.07x | 1.68x | NT$-71.29 Million |
| 2017 | -2.46% | -1.66% | 0.97x | 1.52x | NT$-193.97 Million |
| 2018 | -14.60% | -7.82% | 1.06x | 1.76x | NT$-319.83 Million |
| 2019 | 0.67% | 0.30% | 1.34x | 1.68x | NT$-122.76 Million |
| 2020 | 3.40% | 2.04% | 1.00x | 1.67x | NT$-90.90 Million |
| 2021 | 7.79% | 7.32% | 0.76x | 1.41x | NT$-32.58 Million |
| 2022 | 0.72% | 1.04% | 0.53x | 1.30x | NT$-134.24 Million |
| 2023 | -7.04% | -15.96% | 0.38x | 1.16x | NT$-227.79 Million |
| 2024 | -5.14% | -17.37% | 0.25x | 1.16x | NT$-206.43 Million |
Industry Comparison
This section compares Lien Chang Electronic Enterprise Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $17,558,787,900
- Average return on equity (ROE) among peers: 9.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lien Chang Electronic Enterprise Co Ltd (2431) | NT$1.26 Billion | 6.52% | 0.14x | $35.82 Million |
| Syncmold Enterprise Corp (1582) | $5.98 Billion | 4.21% | 0.97x | $290.90 Million |
| Fulltech Fiber Glass (1815) | $7.36 Billion | 5.56% | 0.97x | $2.21 Billion |
| Delta Electronics Inc (2308) | $31.68 Billion | 17.08% | 1.00x | $99.84 Billion |
| Compeq Manufacturing Co Ltd (2313) | $22.86 Billion | 15.65% | 1.47x | $6.85 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.68 Billion | 6.95% | 0.80x | $668.80 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $105.58 Billion |
| Yageo Corp (2327) | $26.07 Billion | 1.15% | 0.77x | $29.06 Billion |
| Pan-International Industrial Corp (2328) | $7.48 Billion | 10.48% | 0.57x | $857.36 Million |
| Chin-Poon Industrial Co Ltd (2355) | $5.99 Billion | 9.03% | 0.55x | $618.65 Million |
| Solomon Technology Corp (2359) | $4.87 Billion | 0.62% | 0.33x | $575.01 Million |
About Lien Chang Electronic Enterprise Co Ltd
Lien Chang Electronic Enterprise Co., Ltd engages in the manufacture and sale of power supply units in Taiwan. It offers drone ESC; consumer chargers; motor/compressor drivers; automotive parts OEM products; and display products. The company was founded in 1968 and is based in Taipei City, Taiwan.