Audix Corp
Audix Corporation manufactures, markets, trades in, and distributes electronic components in Taiwan and the rest of Asia. The company manufactures electronic components, such as relays, transformers, chokes, and couplers; precision molds and finished products, including precision pressing molds comprising multi-position progressive dies, composite molds, forming molds, and automatic joint rivetin… Read more
Audix Corp (2459) - Net Assets
Latest net assets as of September 2025: NT$5.75 Billion TWD
Based on the latest financial reports, Audix Corp (2459) has net assets worth NT$5.75 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$8.89 Billion) and total liabilities (NT$3.14 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$5.75 Billion |
| % of Total Assets | 64.66% |
| Annual Growth Rate | 5.68% |
| 5-Year Change | 24.34% |
| 10-Year Change | 23.03% |
| Growth Volatility | 9.56 |
Audix Corp - Net Assets Trend (2002–2024)
This chart illustrates how Audix 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 Audix Corp (2002–2024)
The table below shows the annual net assets of Audix Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$6.04 Billion | +6.51% |
| 2023-12-31 | NT$5.67 Billion | +1.34% |
| 2022-12-31 | NT$5.60 Billion | +12.08% |
| 2021-12-31 | NT$5.00 Billion | +2.78% |
| 2020-12-31 | NT$4.86 Billion | +4.10% |
| 2019-12-31 | NT$4.67 Billion | -1.32% |
| 2018-12-31 | NT$4.73 Billion | -0.15% |
| 2017-12-31 | NT$4.74 Billion | +1.04% |
| 2016-12-31 | NT$4.69 Billion | -4.53% |
| 2015-12-31 | NT$4.91 Billion | -4.45% |
| 2014-12-31 | NT$5.14 Billion | +3.32% |
| 2013-12-31 | NT$4.98 Billion | +6.01% |
| 2012-12-31 | NT$4.69 Billion | -1.10% |
| 2011-12-31 | NT$4.75 Billion | +10.59% |
| 2010-12-31 | NT$4.29 Billion | +2.54% |
| 2009-12-31 | NT$4.18 Billion | -2.18% |
| 2008-12-31 | NT$4.28 Billion | +5.09% |
| 2007-12-31 | NT$4.07 Billion | +9.61% |
| 2006-12-31 | NT$3.71 Billion | +28.88% |
| 2005-12-31 | NT$2.88 Billion | +20.63% |
| 2004-12-31 | NT$2.39 Billion | +1.05% |
| 2003-12-31 | NT$2.36 Billion | +31.84% |
| 2002-12-31 | NT$1.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Audix 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 420.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.05 Billion | 53.93% |
| Common Stock | NT$1.06 Billion | 18.69% |
| Other Components | NT$1.55 Billion | 27.37% |
| Total Equity | NT$5.65 Billion | 100.00% |
Audix Corp Competitors by Market Cap
The table below lists competitors of Audix Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CMG Pharmaceutical Co. Ltd
KQ:058820
|
$127.53 Million |
|
Tethys Oil AB
ST:TETY
|
$127.55 Million |
|
SIERRA MADRE GOLD AND SIL
F:409
|
$127.57 Million |
|
Caswell Inc
TW:6416
|
$127.60 Million |
|
Guan Chong Bhd
KLSE:5102
|
$127.50 Million |
|
Frontera Energy Corp
PINK:FECCF
|
$127.48 Million |
|
i-SENS Inc
KQ:099190
|
$127.37 Million |
|
Double Bond Chemical Ind Co Ltd
TW:4764
|
$127.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Audix Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,280,230,000 to 5,649,216,000, a change of 368,986,000 (7.0%).
- Net income of 561,805,000 contributed positively to equity growth.
- Dividend payments of 422,383,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,082,222,000.
- Other factors increased equity by 1,311,786,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$561.80 Million | +9.94% |
| Dividends Paid | NT$422.38 Million | -7.48% |
| Other Comprehensive Income | NT$-1.08 Billion | -19.16% |
| Other Changes | NT$1.31 Billion | +23.22% |
| Total Change | NT$- | 6.99% |
Book Value vs Market Value Analysis
This analysis compares Audix 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: 1.24x
- 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 2.03x to 1.24x 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$32.72 | NT$66.30 | x |
| 2010-12-31 | NT$34.42 | NT$66.30 | x |
| 2011-12-31 | NT$38.08 | NT$66.30 | x |
| 2012-12-31 | NT$37.76 | NT$66.30 | x |
| 2013-12-31 | NT$32.91 | NT$66.30 | x |
| 2014-12-31 | NT$35.85 | NT$66.30 | x |
| 2015-12-31 | NT$41.36 | NT$66.30 | x |
| 2016-12-31 | NT$40.80 | NT$66.30 | x |
| 2017-12-31 | NT$41.28 | NT$66.30 | x |
| 2018-12-31 | NT$41.12 | NT$66.30 | x |
| 2019-12-31 | NT$41.18 | NT$66.30 | x |
| 2020-12-31 | NT$42.50 | NT$66.30 | x |
| 2021-12-31 | NT$43.56 | NT$66.30 | x |
| 2022-12-31 | NT$48.73 | NT$66.30 | x |
| 2023-12-31 | NT$49.81 | NT$66.30 | x |
| 2024-12-31 | NT$53.32 | NT$66.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Audix 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): 9.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.87%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.71x
- Recent ROE (9.94%) is below the historical average (11.83%), 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 | 22.11% | 6.88% | 1.54x | 2.09x | NT$217.10 Million |
| 2003 | 15.89% | 4.59% | 1.61x | 2.15x | NT$139.20 Million |
| 2004 | 20.01% | 6.09% | 1.71x | 1.92x | NT$239.15 Million |
| 2005 | 14.92% | 7.37% | 1.29x | 1.57x | NT$141.64 Million |
| 2006 | 18.62% | 6.23% | 1.56x | 1.91x | NT$300.90 Million |
| 2007 | 13.68% | 4.27% | 1.55x | 2.07x | NT$138.65 Million |
| 2008 | 7.13% | 2.33% | 1.70x | 1.79x | NT$-114.71 Million |
| 2009 | 7.67% | 2.76% | 1.51x | 1.84x | NT$-91.34 Million |
| 2010 | 13.87% | 4.53% | 1.74x | 1.76x | NT$155.48 Million |
| 2011 | 9.96% | 3.22% | 1.64x | 1.89x | NT$-1.70 Million |
| 2012 | 9.43% | 3.10% | 1.59x | 1.91x | NT$-24.94 Million |
| 2013 | 8.41% | 2.92% | 1.61x | 1.78x | NT$-74.77 Million |
| 2014 | 9.68% | 4.41% | 1.30x | 1.69x | NT$-15.29 Million |
| 2015 | 8.48% | 3.52% | 1.33x | 1.81x | NT$-70.31 Million |
| 2016 | 9.08% | 3.33% | 1.50x | 1.82x | NT$-40.50 Million |
| 2017 | 9.96% | 4.31% | 1.26x | 1.84x | NT$-1.60 Million |
| 2018 | 9.75% | 4.91% | 1.06x | 1.87x | NT$-11.09 Million |
| 2019 | 10.17% | 5.88% | 0.89x | 1.94x | NT$7.25 Million |
| 2020 | 9.95% | 7.05% | 0.72x | 1.95x | NT$-2.35 Million |
| 2021 | 11.47% | 7.58% | 0.75x | 2.02x | NT$67.91 Million |
| 2022 | 11.09% | 7.30% | 0.75x | 2.02x | NT$56.36 Million |
| 2023 | 10.92% | 7.77% | 0.74x | 1.90x | NT$48.81 Million |
| 2024 | 9.94% | 10.87% | 0.54x | 1.71x | NT$-3.12 Million |
Industry Comparison
This section compares Audix Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Audix Corp (2459) | NT$5.75 Billion | 22.11% | 0.55x | $127.51 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |