Huxen Corp (2433) - Net Assets
Based on the latest financial reports, Huxen Corp (2433) has net assets worth NT$3.93 Billion TWD (≈ $123.67 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$7.14 Billion ≈ $225.07 Million USD) and total liabilities (NT$3.22 Billion ≈ $101.40 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. Check tangible net worth ratio of Huxen Corp to evaluate the tangible quality of the company's equity base.
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. See Huxen Corp (2433) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Huxen Corp (2002–2024)
The table below shows the annual net assets of Huxen Corp from 2002 to 2024. For live valuation and market cap data, see market value of Huxen Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.28 Billion ≈ $134.69 Million |
-5.59% |
| 2023-12-31 | NT$4.53 Billion ≈ $142.66 Million |
-2.44% |
| 2022-12-31 | NT$4.64 Billion ≈ $146.23 Million |
-4.89% |
| 2021-12-31 | NT$4.88 Billion ≈ $153.74 Million |
+1.20% |
| 2020-12-31 | NT$4.82 Billion ≈ $151.91 Million |
+0.81% |
| 2019-12-31 | NT$4.78 Billion ≈ $150.70 Million |
-2.66% |
| 2018-12-31 | NT$4.91 Billion ≈ $154.82 Million |
+9.77% |
| 2017-12-31 | NT$4.48 Billion ≈ $141.04 Million |
+12.40% |
| 2016-12-31 | NT$3.98 Billion ≈ $125.48 Million |
-1.51% |
| 2015-12-31 | NT$4.04 Billion ≈ $127.41 Million |
+3.48% |
| 2014-12-31 | NT$3.91 Billion ≈ $123.12 Million |
-8.25% |
| 2013-12-31 | NT$4.26 Billion ≈ $134.19 Million |
+27.95% |
| 2012-12-31 | NT$3.33 Billion ≈ $104.87 Million |
-10.80% |
| 2011-12-31 | NT$3.73 Billion ≈ $117.58 Million |
-9.59% |
| 2010-12-31 | NT$4.13 Billion ≈ $130.05 Million |
+41.42% |
| 2009-12-31 | NT$2.92 Billion ≈ $91.96 Million |
+34.39% |
| 2008-12-31 | NT$2.17 Billion ≈ $68.43 Million |
-12.34% |
| 2007-12-31 | NT$2.48 Billion ≈ $78.06 Million |
+46.31% |
| 2006-12-31 | NT$1.69 Billion ≈ $53.35 Million |
-3.32% |
| 2005-12-31 | NT$1.75 Billion ≈ $55.19 Million |
-3.37% |
| 2004-12-31 | NT$1.81 Billion ≈ $57.11 Million |
-8.93% |
| 2003-12-31 | NT$1.99 Billion ≈ $62.71 Million |
+10.23% |
| 2002-12-31 | NT$1.81 Billion ≈ $56.89 Million |
-- |
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.
| Company | Market Cap |
|---|---|
|
Caisse Regionale de Credit Agricole Mutuel du Languedoc
PA:CRLA
|
$200.57 Million |
|
GENFIT S.A. ADR/1 EO-25
F:XUPB
|
$200.59 Million |
|
Onward Medical N.V.
BR:ONWD
|
$200.59 Million |
|
Acrow Ltd
AU:ACF
|
$200.61 Million |
|
Daehan Green Power Corporation
KQ:060900
|
$200.44 Million |
|
MagnaChip Semiconductor
NYSE:MX
|
$200.42 Million |
|
Healius Ltd
AU:HLS
|
$200.38 Million |
|
HMH Holding Inc. Class A Common Stock
NASDAQ:HMH
|
$200.30 Million |
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: 1.80x
- 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 2.18x 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 |
|---|---|---|---|
| 2009-12-31 | NT$20.19 | NT$44.05 | x |
| 2010-12-31 | NT$28.54 | NT$44.05 | x |
| 2011-12-31 | NT$25.78 | NT$44.05 | x |
| 2012-12-31 | NT$23.00 | NT$44.05 | x |
| 2013-12-31 | NT$29.44 | NT$44.05 | x |
| 2014-12-31 | NT$25.90 | NT$44.05 | x |
| 2015-12-31 | NT$24.66 | NT$44.05 | x |
| 2016-12-31 | NT$24.43 | NT$44.05 | x |
| 2017-12-31 | NT$27.78 | NT$44.05 | x |
| 2018-12-31 | NT$29.85 | NT$44.05 | x |
| 2019-12-31 | NT$28.86 | NT$44.05 | x |
| 2020-12-31 | NT$28.90 | NT$44.05 | x |
| 2021-12-31 | NT$29.20 | NT$44.05 | x |
| 2022-12-31 | NT$27.34 | NT$44.05 | x |
| 2023-12-31 | NT$26.52 | NT$44.05 | x |
| 2024-12-31 | NT$24.48 | NT$44.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huxen Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.15%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.09x
- Recent ROE (13.37%) is above the historical average (12.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.93% | 5.84% | 0.47x | 1.42x | NT$-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: $1,474,153,000
- Average return on equity (ROE) among peers: 4.11%
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 | $200.53 Million |
| Globe Industries Corp (1324) | $1.02 Billion | 4.27% | 0.35x | $24.97 Million |
| Mercuries Data Systems Ltd (2427) | $2.29 Billion | 6.53% | 1.00x | $137.55 Million |
| Uniform Industrial Corp (2482) | $1.09 Billion | -7.77% | 0.21x | $41.35 Million |
| Gold Rain Enterprises (4503) | $444.39 Million | -7.47% | 0.57x | $93.26 Million |
| Castles Technology Co Ltd (5258) | $1.69 Billion | 13.22% | 1.72x | $170.03 Million |
| TECO Image Systems Co Ltd (5438) | $3.21 Billion | 2.71% | 0.19x | $67.36 Million |
| XAC Automation (5490) | $1.23 Billion | 2.66% | 0.59x | $85.40 Million |
| General Plastic Industrial Co Ltd (6128) | $1.34 Billion | 18.81% | 0.23x | $84.21 Million |
| Cipherlab Co Ltd (6160) | $964.72 Million | 3.98% | 0.29x | $35.71 Million |
About Huxen Corp
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.