Mirle Automation Corp (2464) - Net Assets

Latest as of March 2026: NT$5.09 Billion TWD ≈ $160.31 Million USD

Based on the latest financial reports, Mirle Automation Corp (2464) has net assets worth NT$5.09 Billion TWD (≈ $160.31 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$11.32 Billion ≈ $356.56 Million USD) and total liabilities (NT$6.23 Billion ≈ $196.25 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 2464 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$5.09 Billion
% of Total Assets	44.96%
Annual Growth Rate	7.1%
5-Year Change	18.79%
10-Year Change	42.43%
Growth Volatility	12.85

Mirle Automation Corp - Net Assets Trend (2002–2025)

This chart illustrates how Mirle Automation Corp's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Mirle Automation Corp to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Mirle Automation Corp (2002–2025)

The table below shows the annual net assets of Mirle Automation Corp from 2002 to 2025. For live valuation and market cap data, see Mirle Automation Corp market cap and net worth.

Year	Net Assets	Change
2025-12-31	NT$5.01 Billion ≈ $157.71 Million	-4.62%
2024-12-31	NT$5.25 Billion ≈ $165.34 Million	+23.75%
2023-12-31	NT$4.24 Billion ≈ $133.61 Million	-2.38%
2022-12-31	NT$4.34 Billion ≈ $136.87 Million	+3.10%
2021-12-31	NT$4.21 Billion ≈ $132.76 Million	+2.55%
2020-12-31	NT$4.11 Billion ≈ $129.46 Million	+0.96%
2019-12-31	NT$4.07 Billion ≈ $128.23 Million	-1.08%
2018-12-31	NT$4.11 Billion ≈ $129.63 Million	+16.94%
2017-12-31	NT$3.52 Billion ≈ $110.85 Million	+0.11%
2016-12-31	NT$3.51 Billion ≈ $110.72 Million	-2.22%
2015-12-31	NT$3.59 Billion ≈ $113.24 Million	+8.03%
2014-12-31	NT$3.33 Billion ≈ $104.82 Million	+4.05%
2013-12-31	NT$3.20 Billion ≈ $100.74 Million	+2.85%
2012-12-31	NT$3.11 Billion ≈ $97.95 Million	-0.09%
2011-12-31	NT$3.11 Billion ≈ $98.04 Million	-0.61%
2010-12-31	NT$3.13 Billion ≈ $98.64 Million	+8.65%
2009-12-31	NT$2.88 Billion ≈ $90.79 Million	+3.32%
2008-12-31	NT$2.79 Billion ≈ $87.87 Million	-0.72%
2007-12-31	NT$2.81 Billion ≈ $88.50 Million	+14.18%
2006-12-31	NT$2.46 Billion ≈ $77.51 Million	+22.49%
2005-12-31	NT$2.01 Billion ≈ $63.28 Million	+55.80%
2004-12-31	NT$1.29 Billion ≈ $40.62 Million	+14.31%
2003-12-31	NT$1.13 Billion ≈ $35.53 Million	+9.10%
2002-12-31	NT$1.03 Billion ≈ $32.57 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Mirle Automation 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 358.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$883.49 Million	17.88%
Common Stock	NT$2.06 Billion	41.77%
Other Comprehensive Income	NT$1.49 Billion	30.25%
Other Components	NT$499.35 Million	10.10%
Total Equity	NT$4.94 Billion	100.00%

Mirle Automation Corp Competitors by Market Cap

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

Company	Market Cap
Beijing Urban Rural Commercial Group Co Ltd SHG:600861	$1.08 Billion
Loma Negra Compañía Industrial Argentina Sociedad Anónima F:8LN	$1.08 Billion
Marten Transport Ltd NASDAQ:MRTN	$1.08 Billion
Jiangsu Hengshun Vinegar-Industry Co Ltd SHG:600305	$1.08 Billion
Société de Services de Participations de Direction et d'Elaboration BR:SPA	$1.08 Billion
Create Technology & Science Co Ltd SHE:000551	$1.08 Billion
Shelly Group SE XETRA:SLYG	$1.08 Billion
Tianjin You Fa Steel Pipe Group Stock Co Ltd SHG:601686	$1.08 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,183,792,000 to 4,942,260,000, a change of -241,532,000 (-4.7%).
Net loss of 172,260,000 reduced equity.
Dividend payments of 71,586,000 reduced retained earnings.
Other comprehensive income increased equity by 1,477,185,000.
Other factors decreased equity by 1,474,871,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$-172.26 Million	-3.49%
Dividends Paid	NT$71.59 Million	-1.45%
Other Comprehensive Income	NT$1.48 Billion	+29.89%
Other Changes	NT$-1.47 Billion	-29.84%
Total Change	NT$-	-4.66%

Book Value vs Market Value Analysis

This analysis compares Mirle Automation 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: 6.89x
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 12.66x to 6.89x 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$13.11	NT$166.00	x
2007-12-31	NT$14.50	NT$166.00	x
2008-12-31	NT$14.08	NT$166.00	x
2009-12-31	NT$14.30	NT$166.00	x
2010-12-31	NT$15.48	NT$166.00	x
2011-12-31	NT$16.01	NT$166.00	x
2012-12-31	NT$15.88	NT$166.00	x
2013-12-31	NT$16.34	NT$166.00	x
2014-12-31	NT$17.00	NT$166.00	x
2015-12-31	NT$18.36	NT$166.00	x
2016-12-31	NT$17.96	NT$166.00	x
2017-12-31	NT$17.98	NT$166.00	x
2018-12-31	NT$21.01	NT$166.00	x
2019-12-31	NT$20.79	NT$166.00	x
2020-12-31	NT$20.94	NT$166.00	x
2021-12-31	NT$21.46	NT$166.00	x
2022-12-31	NT$22.09	NT$166.00	x
2023-12-31	NT$21.37	NT$166.00	x
2024-12-31	NT$26.25	NT$166.00	x
2025-12-31	NT$24.10	NT$166.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mirle Automation 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): -3.49%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.58%
• Asset Turnover: 0.59x
• Equity Multiplier: 2.29x
Recent ROE (-3.49%) is below the historical average (13.88%), 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	17.18%	8.50%	1.06x	1.90x	NT$74.23 Million
2003	13.58%	6.24%	0.92x	2.36x	NT$40.41 Million
2004	18.87%	6.74%	1.12x	2.50x	NT$114.31 Million
2005	22.21%	10.42%	1.22x	1.75x	NT$244.84 Million
2006	25.59%	12.39%	1.17x	1.76x	NT$382.79 Million
2007	25.60%	14.19%	1.06x	1.69x	NT$437.21 Million
2008	17.54%	10.08%	1.03x	1.69x	NT$209.74 Million
2009	12.44%	9.45%	0.73x	1.80x	NT$67.20 Million
2010	18.26%	8.79%	1.07x	1.94x	NT$248.53 Million
2011	11.61%	5.41%	1.09x	1.96x	NT$50.11 Million
2012	6.50%	3.47%	0.94x	2.00x	NT$-108.90 Million
2013	10.87%	5.27%	1.14x	1.81x	NT$27.86 Million
2014	11.45%	5.55%	1.07x	1.93x	NT$48.26 Million
2015	15.88%	6.86%	1.05x	2.20x	NT$211.17 Million
2016	13.93%	5.52%	0.93x	2.73x	NT$138.00 Million
2017	11.97%	3.40%	1.11x	3.16x	NT$69.15 Million
2018	23.18%	6.62%	1.16x	3.02x	NT$542.38 Million
2019	16.75%	5.45%	1.09x	2.82x	NT$274.67 Million
2020	12.52%	5.76%	0.79x	2.73x	NT$103.45 Million
2021	12.57%	5.35%	0.84x	2.80x	NT$107.86 Million
2022	11.90%	4.78%	0.82x	3.03x	NT$82.36 Million
2023	4.19%	1.99%	0.73x	2.88x	NT$-243.06 Million
2024	1.99%	1.37%	0.60x	2.42x	NT$-415.37 Million
2025	-3.49%	-2.58%	0.59x	2.29x	NT$-666.49 Million

Industry Comparison

This section compares Mirle Automation Corp's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $8,475,870,800
Average return on equity (ROE) among peers: 8.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mirle Automation Corp (2464)	NT$5.09 Billion	17.18%	1.22x	$1.08 Billion
TECO Electric & Machinery Co Ltd (1504)	$38.74 Billion	7.18%	0.82x	$5.07 Billion
Chung-Hsin Electric & Machinery Mfg Corp (1513)	$13.37 Billion	18.21%	2.12x	$2.68 Billion
Anderson Industrial Corp (1528)	$1.60 Billion	1.06%	1.03x	$152.81 Million
Awea Mechantronic Co Ltd (1530)	$3.13 Billion	10.64%	1.48x	$91.05 Million
Kaulin Mfg (1531)	$3.64 Billion	0.82%	0.20x	$74.30 Million
Chiu Ting Machinery Co Ltd (1539)	$793.16 Million	0.00%	1.10x	$32.44 Million
Roundtop Machinery Industries Co Ltd (1540)	$1.29 Billion	-0.28%	0.18x	$59.38 Million
Sinmag Equipment (1580)	$3.37 Billion	18.47%	0.35x	$192.75 Million
Goodway Machine Corp (1583)	$8.41 Billion	14.92%	0.77x	$174.40 Million
Airtac International Group (1590)	$10.41 Billion	13.14%	1.06x	$8.32 Billion

About Mirle Automation Corp

TW:2464 Taiwan Specialty Industrial Machinery

Market Cap

$1.08 Billion

NT$34.25 Billion TWD

Market Cap Rank

#8748 Global

#290 in Taiwan

Share Price

NT$166.00

Change (1 day)

-7.52%

52-Week Range

NT$53.30 - NT$199.00

All Time High

NT$199.00