Huxen Corp

TW:2433 Taiwan Business Equipment & Supplies
Market Cap
$201.55 Million
NT$6.67 Billion TWD
Market Cap Rank
#21895 Global
#1233 in Taiwan
Share Price
NT$46.15
Change (1 day)
-0.32%
52-Week Range
NT$46.15 - NT$51.80
All Time High
NT$53.90
About

Huxen Corporation engages in sales, import, export, repair, and rental of multi-function printers, faxes, and communication products in Taiwan. The company is also involved in maintenance, lease, and trading of multi-function printers. Huxen Corporation was founded in 1984 and is based in Taipei, Taiwan.

Huxen Corp (2433) - Net Assets

Latest net assets as of September 2025: NT$3.93 Billion TWD

Based on the latest financial reports, Huxen Corp (2433) has net assets worth NT$3.93 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$7.14 Billion) and total liabilities (NT$3.22 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$3.93 Billion
% of Total Assets 54.95%
Annual Growth Rate 4.0%
5-Year Change -11.34%
10-Year Change 5.72%
Growth Volatility 16.79

Huxen Corp - Net Assets Trend (2002–2024)

This chart illustrates how Huxen Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Huxen Corp (2002–2024)

The table below shows the annual net assets of Huxen Corp from 2002 to 2024.

Year Net Assets Change
2024-12-31 NT$4.28 Billion -5.59%
2023-12-31 NT$4.53 Billion -2.44%
2022-12-31 NT$4.64 Billion -4.89%
2021-12-31 NT$4.88 Billion +1.20%
2020-12-31 NT$4.82 Billion +0.81%
2019-12-31 NT$4.78 Billion -2.66%
2018-12-31 NT$4.91 Billion +9.77%
2017-12-31 NT$4.48 Billion +12.40%
2016-12-31 NT$3.98 Billion -1.51%
2015-12-31 NT$4.04 Billion +3.48%
2014-12-31 NT$3.91 Billion -8.25%
2013-12-31 NT$4.26 Billion +27.95%
2012-12-31 NT$3.33 Billion -10.80%
2011-12-31 NT$3.73 Billion -9.59%
2010-12-31 NT$4.13 Billion +41.42%
2009-12-31 NT$2.92 Billion +34.39%
2008-12-31 NT$2.17 Billion -12.34%
2007-12-31 NT$2.48 Billion +46.31%
2006-12-31 NT$1.69 Billion -3.32%
2005-12-31 NT$1.75 Billion -3.37%
2004-12-31 NT$1.81 Billion -8.93%
2003-12-31 NT$1.99 Billion +10.23%
2002-12-31 NT$1.81 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Huxen 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 599.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$496.79 Million 14.03%
Common Stock NT$1.44 Billion 40.81%
Other Comprehensive Income NT$1.56 Billion 43.99%
Other Components NT$41.15 Million 1.16%
Total Equity NT$3.54 Billion 100.00%

Huxen Corp Competitors by Market Cap

The table below lists competitors of Huxen Corp ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Huxen Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,834,967,000 to 3,540,426,000, a change of -294,541,000 (-7.7%).
  • Net income of 473,390,000 contributed positively to equity growth.
  • Dividend payments of 433,488,000 reduced retained earnings.
  • Other comprehensive income increased equity by 699,915,000.
  • Other factors decreased equity by 1,034,358,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$473.39 Million +13.37%
Dividends Paid NT$433.49 Million -12.24%
Other Comprehensive Income NT$699.91 Million +19.77%
Other Changes NT$-1.03 Billion -29.22%
Total Change NT$- -7.68%

Book Value vs Market Value Analysis

This analysis compares Huxen 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: 1.89x
  • 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 2.29x to 1.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 NT$20.19 NT$46.15 x
2010-12-31 NT$28.54 NT$46.15 x
2011-12-31 NT$25.78 NT$46.15 x
2012-12-31 NT$23.00 NT$46.15 x
2013-12-31 NT$29.44 NT$46.15 x
2014-12-31 NT$25.90 NT$46.15 x
2015-12-31 NT$24.66 NT$46.15 x
2016-12-31 NT$24.43 NT$46.15 x
2017-12-31 NT$27.78 NT$46.15 x
2018-12-31 NT$29.85 NT$46.15 x
2019-12-31 NT$28.86 NT$46.15 x
2020-12-31 NT$28.90 NT$46.15 x
2021-12-31 NT$29.20 NT$46.15 x
2022-12-31 NT$27.34 NT$46.15 x
2023-12-31 NT$26.52 NT$46.15 x
2024-12-31 NT$24.48 NT$46.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Huxen 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): 13.37%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.15%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 2.09x
  • Recent ROE (13.37%) is above the historical average (12.43%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 3.93% 5.84% 0.47x 1.42x NT$-109.54 Million
2003 6.88% 8.56% 0.49x 1.62x NT$-62.17 Million
2004 11.30% 13.79% 0.41x 1.99x NT$23.60 Million
2005 11.00% 11.97% 0.38x 2.43x NT$17.57 Million
2006 4.04% 3.76% 0.40x 2.67x NT$-100.96 Million
2007 16.99% 20.09% 0.43x 1.99x NT$173.08 Million
2008 16.63% 16.93% 0.45x 2.20x NT$143.96 Million
2009 7.93% 12.58% 0.33x 1.91x NT$-60.56 Million
2010 8.48% 18.91% 0.30x 1.51x NT$-62.79 Million
2011 18.56% 37.28% 0.33x 1.53x NT$319.41 Million
2012 13.56% 23.91% 0.33x 1.71x NT$118.48 Million
2013 18.82% 40.20% 0.32x 1.47x NT$375.58 Million
2014 13.12% 20.71% 0.34x 1.84x NT$116.90 Million
2015 14.84% 17.94% 0.40x 2.06x NT$172.86 Million
2016 12.17% 12.62% 0.47x 2.07x NT$76.77 Million
2017 13.82% 14.87% 0.45x 2.08x NT$153.67 Million
2018 12.23% 12.92% 0.48x 1.96x NT$96.25 Million
2019 14.66% 14.15% 0.54x 1.92x NT$194.51 Million
2020 13.59% 14.03% 0.51x 1.90x NT$150.23 Million
2021 13.00% 14.15% 0.49x 1.89x NT$126.87 Million
2022 14.19% 17.57% 0.41x 1.96x NT$165.65 Million
2023 12.78% 16.94% 0.38x 2.00x NT$106.79 Million
2024 13.37% 17.15% 0.37x 2.09x NT$119.35 Million

Industry Comparison

This section compares Huxen Corp's net assets metrics with peer companies in the Business Equipment & Supplies industry.

Industry Context

  • Industry: Business Equipment & Supplies
  • Average net assets among peers: $1,339,867,222
  • Average return on equity (ROE) among peers: 10.13%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Huxen Corp (2433) NT$3.93 Billion 3.93% 0.82x $43.43 Million
Mercuries Data Systems Ltd (2427) $3.13 Billion 9.02% 1.47x $72.68 Million
Uniform Industrial Corp (2482) $685.71 Million 9.80% 0.27x $24.47 Million
Gold Rain Enterprises (4503) $496.42 Million 7.34% 0.23x $51.90 Million
Castles Technology Co Ltd (5258) $1.62 Billion 18.62% 0.85x $117.50 Million
TECO Image Systems Co Ltd (5438) $1.81 Billion 2.74% 0.37x $17.26 Million
XAC Automation (5490) $1.70 Billion 18.72% 0.28x $63.18 Million
General Plastic Industrial Co Ltd (6128) $1.18 Billion 16.12% 0.87x $45.92 Million
Cipherlab Co Ltd (6160) $968.69 Million 5.34% 0.30x $23.95 Million
Taiwan Name Plate Co. Ltd. (6593) $473.95 Million 3.51% 0.88x $25.65 Million