Visual Photonics Epitaxy Co Ltd (2455) - Net Assets
Based on the latest financial reports, Visual Photonics Epitaxy Co Ltd (2455) has net assets worth NT$3.29 Billion TWD (≈ $103.80 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.68 Billion ≈ $147.34 Million USD) and total liabilities (NT$1.38 Billion ≈ $43.54 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 Visual Photonics Epitaxy Co Ltd (2455) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.29 Billion |
| % of Total Assets | 70.45% |
| Annual Growth Rate | 4.53% |
| 5-Year Change | 0.51% |
| 10-Year Change | 19.02% |
| Growth Volatility | 25.33 |
Visual Photonics Epitaxy Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Visual Photonics Epitaxy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Visual Photonics Epitaxy Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Visual Photonics Epitaxy Co Ltd (2002–2025)
The table below shows the annual net assets of Visual Photonics Epitaxy Co Ltd from 2002 to 2025. For live valuation and market cap data, see Visual Photonics Epitaxy Co Ltd (2455) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.29 Billion ≈ $103.80 Million |
-1.04% |
| 2024-12-31 | NT$3.33 Billion ≈ $104.89 Million |
+8.47% |
| 2023-12-31 | NT$3.07 Billion ≈ $96.70 Million |
-0.43% |
| 2022-12-31 | NT$3.08 Billion ≈ $97.12 Million |
-5.96% |
| 2021-12-31 | NT$3.28 Billion ≈ $103.27 Million |
+12.96% |
| 2020-12-31 | NT$2.90 Billion ≈ $91.42 Million |
+2.50% |
| 2019-12-31 | NT$2.83 Billion ≈ $89.19 Million |
+11.63% |
| 2018-12-31 | NT$2.54 Billion ≈ $79.89 Million |
-10.75% |
| 2017-12-31 | NT$2.84 Billion ≈ $89.51 Million |
+2.63% |
| 2016-12-31 | NT$2.77 Billion ≈ $87.21 Million |
-22.97% |
| 2015-12-31 | NT$3.59 Billion ≈ $113.23 Million |
+2.51% |
| 2014-12-31 | NT$3.51 Billion ≈ $110.45 Million |
-0.54% |
| 2013-12-31 | NT$3.52 Billion ≈ $111.05 Million |
-4.35% |
| 2012-12-31 | NT$3.68 Billion ≈ $116.09 Million |
+6.42% |
| 2011-12-31 | NT$3.46 Billion ≈ $109.09 Million |
+10.78% |
| 2010-12-31 | NT$3.13 Billion ≈ $98.47 Million |
+16.98% |
| 2009-12-31 | NT$2.67 Billion ≈ $84.18 Million |
+77.64% |
| 2008-12-31 | NT$1.50 Billion ≈ $47.39 Million |
-2.37% |
| 2007-12-31 | NT$1.54 Billion ≈ $48.54 Million |
+76.64% |
| 2006-12-31 | NT$872.16 Million ≈ $27.48 Million |
+36.82% |
| 2005-12-31 | NT$637.47 Million ≈ $20.08 Million |
-13.39% |
| 2004-12-31 | NT$736.02 Million ≈ $23.19 Million |
-19.91% |
| 2003-12-31 | NT$919.04 Million ≈ $28.95 Million |
-22.70% |
| 2002-12-31 | NT$1.19 Billion ≈ $37.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Visual Photonics Epitaxy 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 grown by 61229600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$612.30 Million | 18.58% |
| Common Stock | NT$1.85 Billion | 56.12% |
| Other Comprehensive Income | NT$803.58 Million | 24.39% |
| Other Components | NT$29.76 Million | 0.90% |
| Total Equity | NT$3.29 Billion | 100.00% |
Visual Photonics Epitaxy Co Ltd Competitors by Market Cap
The table below lists competitors of Visual Photonics Epitaxy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Expressway Co Ltd
SHG:601107
|
$1.95 Billion |
|
Fengzhushou Co. Ltd. A
SHE:301382
|
$1.95 Billion |
|
Hainan Haide Industry Co Ltd
SHE:000567
|
$1.95 Billion |
|
Coty Inc
NYSE:COTY
|
$1.95 Billion |
|
Staidson Beijing Biopharma
SHE:300204
|
$1.95 Billion |
|
The Baldwin Insurance Group, Inc.
NASDAQ:BWIN
|
$1.95 Billion |
|
Resolute Mining Ltd
AU:RSG
|
$1.95 Billion |
|
NOS S.G.P.S. S.A.
LS:NOS
|
$1.95 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Visual Photonics Epitaxy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,329,342,000 to 3,294,696,000, a change of -34,646,000 (-1.0%).
- Net income of 547,942,000 contributed positively to equity growth.
- Dividend payments of 591,699,000 reduced retained earnings.
- Share repurchases of 98,806,000 reduced equity.
- New share issuances of 98,802,000 increased equity.
- Other comprehensive income increased equity by 67,385,999.
- Other factors decreased equity by 58,270,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$547.94 Million | +16.63% |
| Dividends Paid | NT$591.70 Million | -17.96% |
| Share Repurchases | NT$98.81 Million | -3.0% |
| Share Issuances | NT$98.80 Million | +3.0% |
| Other Comprehensive Income | NT$67.39 Million | +2.05% |
| Other Changes | NT$-58.27 Million | -1.77% |
| Total Change | NT$- | -1.04% |
Book Value vs Market Value Analysis
This analysis compares Visual Photonics Epitaxy 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: 18.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 57.47x to 18.94x 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$5.86 | NT$337.00 | x |
| 2007-12-31 | NT$9.71 | NT$337.00 | x |
| 2008-12-31 | NT$9.05 | NT$337.00 | x |
| 2009-12-31 | NT$16.60 | NT$337.00 | x |
| 2010-12-31 | NT$17.18 | NT$337.00 | x |
| 2011-12-31 | NT$18.87 | NT$337.00 | x |
| 2012-12-31 | NT$19.98 | NT$337.00 | x |
| 2013-12-31 | NT$18.93 | NT$337.00 | x |
| 2014-12-31 | NT$18.83 | NT$337.00 | x |
| 2015-12-31 | NT$19.29 | NT$337.00 | x |
| 2016-12-31 | NT$12.49 | NT$337.00 | x |
| 2017-12-31 | NT$15.47 | NT$337.00 | x |
| 2018-12-31 | NT$13.72 | NT$337.00 | x |
| 2019-12-31 | NT$15.31 | NT$337.00 | x |
| 2020-12-31 | NT$15.59 | NT$337.00 | x |
| 2021-12-31 | NT$17.64 | NT$337.00 | x |
| 2022-12-31 | NT$16.57 | NT$337.00 | x |
| 2023-12-31 | NT$16.56 | NT$337.00 | x |
| 2024-12-31 | NT$17.98 | NT$337.00 | x |
| 2025-12-31 | NT$17.79 | NT$337.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Visual Photonics Epitaxy 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): 16.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.21%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.42x
- Recent ROE (16.63%) is above the historical average (15.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 20.20% | 19.25% | 0.55x | 1.90x | NT$88.96 Million |
| 2007 | 10.82% | 16.69% | 0.47x | 1.38x | NT$12.70 Million |
| 2008 | -0.84% | -1.08% | 0.52x | 1.49x | NT$-163.03 Million |
| 2009 | 12.69% | 21.74% | 0.45x | 1.30x | NT$71.83 Million |
| 2010 | 13.22% | 23.31% | 0.45x | 1.25x | NT$100.70 Million |
| 2011 | 14.82% | 23.84% | 0.54x | 1.16x | NT$166.80 Million |
| 2012 | 12.52% | 20.53% | 0.56x | 1.10x | NT$93.03 Million |
| 2013 | 13.07% | 21.42% | 0.55x | 1.11x | NT$108.24 Million |
| 2014 | 13.36% | 22.59% | 0.53x | 1.13x | NT$117.83 Million |
| 2015 | 16.49% | 24.78% | 0.58x | 1.14x | NT$233.27 Million |
| 2016 | 16.87% | 21.40% | 0.67x | 1.17x | NT$190.28 Million |
| 2017 | 13.88% | 18.45% | 0.64x | 1.17x | NT$110.24 Million |
| 2018 | 15.66% | 19.26% | 0.52x | 1.55x | NT$143.58 Million |
| 2019 | 18.17% | 20.32% | 0.58x | 1.53x | NT$231.24 Million |
| 2020 | 18.35% | 20.14% | 0.61x | 1.49x | NT$242.42 Million |
| 2021 | 26.09% | 23.70% | 0.74x | 1.48x | NT$527.29 Million |
| 2022 | 17.67% | 20.92% | 0.59x | 1.43x | NT$236.47 Million |
| 2023 | 14.67% | 16.71% | 0.59x | 1.49x | NT$143.30 Million |
| 2024 | 20.16% | 20.70% | 0.71x | 1.38x | NT$338.12 Million |
| 2025 | 16.63% | 16.21% | 0.72x | 1.42x | NT$218.47 Million |
Industry Comparison
This section compares Visual Photonics Epitaxy Co 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: $5,699,909,111
- Average return on equity (ROE) among peers: 4.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Visual Photonics Epitaxy Co Ltd (2455) | NT$3.29 Billion | 20.20% | 0.42x | $1.95 Billion |
| Rectron Ltd (2302) | $1.83 Billion | 0.00% | 0.26x | $102.43 Million |
| Taiwan Mask Corp (2338) | $4.35 Billion | 3.13% | 0.18x | $449.49 Million |
| SDI Corp (2351) | $3.23 Billion | 15.18% | 1.66x | $1.05 Billion |
| Lingsen Precision Industries Ltd (2369) | $6.23 Billion | -1.27% | 0.55x | $362.17 Million |
| Greatek Electronics Inc (2441) | $20.91 Billion | 15.10% | 0.17x | $1.62 Billion |
| Pan Jit International Inc (2481) | $9.57 Billion | -5.60% | 1.55x | $1.20 Billion |
| Ampoc Far-East Co Ltd (2493) | $2.09 Billion | 12.43% | 0.36x | $740.76 Million |
| Episil-Precision Inc (3016) | $1.07 Billion | -4.50% | 0.37x | $1.06 Billion |
| Zenitron Corp (3028) | $2.03 Billion | 10.08% | 1.88x | $596.46 Million |
About Visual Photonics Epitaxy Co Ltd
Visual Photonics Epitaxy Co., Ltd. engages in the research and development, manufacture, and sale of optoelectronic semiconductors and optoelectronic components products in Taiwan, the United States, China, and internationally. The company offers microelectronics epi wafers, including gallium arsenide (GaAs) heterojunction bipolar transistor (HBT), low turn-on voltage HBT, high voltage HBT, InP H… Read more