Lelon Electronics Corp
Lelon Electronics Corp., together with its subsidiaries, develops, manufactures, markets, trades in, and sells electrolytic capacitors internationally. Its electrolytic capacitors include aluminum electrolytic capacitors, such as radial type, SMD, snap-in terminal, screw terminal, and axial; organic conductive polymer capacitors; conductive polymer hybrid capacitors; and flame retardants. The com… Read more
Lelon Electronics Corp (2472) - Net Assets
Latest net assets as of September 2025: NT$12.32 Billion TWD
Based on the latest financial reports, Lelon Electronics Corp (2472) has net assets worth NT$12.32 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$16.66 Billion) and total liabilities (NT$4.34 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$12.32 Billion |
| % of Total Assets | 73.95% |
| Annual Growth Rate | 8.23% |
| 5-Year Change | 65.9% |
| 10-Year Change | 152.99% |
| Growth Volatility | 10.97 |
Lelon Electronics Corp - Net Assets Trend (2002–2024)
This chart illustrates how Lelon Electronics 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 Lelon Electronics Corp (2002–2024)
The table below shows the annual net assets of Lelon Electronics Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$12.28 Billion | +16.84% |
| 2023-12-31 | NT$10.51 Billion | +3.28% |
| 2022-12-31 | NT$10.18 Billion | +13.56% |
| 2021-12-31 | NT$8.96 Billion | +21.07% |
| 2020-12-31 | NT$7.40 Billion | +33.09% |
| 2019-12-31 | NT$5.56 Billion | -0.55% |
| 2018-12-31 | NT$5.59 Billion | +6.18% |
| 2017-12-31 | NT$5.27 Billion | +9.82% |
| 2016-12-31 | NT$4.80 Billion | -1.19% |
| 2015-12-31 | NT$4.85 Billion | +8.31% |
| 2014-12-31 | NT$4.48 Billion | +9.80% |
| 2013-12-31 | NT$4.08 Billion | +9.27% |
| 2012-12-31 | NT$3.74 Billion | -1.38% |
| 2011-12-31 | NT$3.79 Billion | +21.33% |
| 2010-12-31 | NT$3.12 Billion | +7.99% |
| 2009-12-31 | NT$2.89 Billion | -3.63% |
| 2008-12-31 | NT$3.00 Billion | -1.95% |
| 2007-12-31 | NT$3.06 Billion | +1.29% |
| 2006-12-31 | NT$3.02 Billion | -1.93% |
| 2005-12-31 | NT$3.08 Billion | +36.75% |
| 2004-12-31 | NT$2.25 Billion | -1.27% |
| 2003-12-31 | NT$2.28 Billion | +5.93% |
| 2002-12-31 | NT$2.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lelon Electronics 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 2328.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.46 Billion | 55.42% |
| Common Stock | NT$1.65 Billion | 20.47% |
| Other Comprehensive Income | NT$-113.97 Million | -1.42% |
| Other Components | NT$2.05 Billion | 25.53% |
| Total Equity | NT$8.05 Billion | 100.00% |
Lelon Electronics Corp Competitors by Market Cap
The table below lists competitors of Lelon Electronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wacker Neuson SE
PINK:WKRCF
|
$398.64 Million |
|
Queclink Wireless Solutions Co Ltd
SHE:300590
|
$398.65 Million |
|
Replimune Group Inc
NASDAQ:REPL
|
$398.83 Million |
|
Kunshan Top A Intelligent Equipment
SHE:300836
|
$398.83 Million |
|
Shandong Xiantan Co Ltd
SHE:002746
|
$398.35 Million |
|
Shanghai Ziyan Foods Co Ltd
SHG:603057
|
$398.25 Million |
|
Chengdu Xinzhu Road&Bridge Machinery Co Ltd
SHE:002480
|
$398.25 Million |
|
Anhui Xinhua Media Co Ltd
SHG:601801
|
$398.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lelon Electronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,062,625,000 to 8,047,326,000, a change of 984,701,000 (13.9%).
- Net income of 1,155,486,000 contributed positively to equity growth.
- Dividend payments of 461,258,000 reduced retained earnings.
- Other comprehensive income increased equity by 244,990,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.16 Billion | +14.36% |
| Dividends Paid | NT$461.26 Million | -5.73% |
| Other Comprehensive Income | NT$244.99 Million | +3.04% |
| Other Changes | NT$45.48 Million | +0.57% |
| Total Change | NT$- | 13.94% |
Book Value vs Market Value Analysis
This analysis compares Lelon Electronics 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: 2.25x
- 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 6.55x to 2.25x 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$16.71 | NT$109.50 | x |
| 2010-12-31 | NT$16.81 | NT$109.50 | x |
| 2011-12-31 | NT$17.62 | NT$109.50 | x |
| 2012-12-31 | NT$19.07 | NT$109.50 | x |
| 2013-12-31 | NT$21.51 | NT$109.50 | x |
| 2014-12-31 | NT$20.15 | NT$109.50 | x |
| 2015-12-31 | NT$20.32 | NT$109.50 | x |
| 2016-12-31 | NT$22.25 | NT$109.50 | x |
| 2017-12-31 | NT$23.31 | NT$109.50 | x |
| 2018-12-31 | NT$25.48 | NT$109.50 | x |
| 2019-12-31 | NT$23.75 | NT$109.50 | x |
| 2020-12-31 | NT$35.74 | NT$109.50 | x |
| 2021-12-31 | NT$36.70 | NT$109.50 | x |
| 2022-12-31 | NT$41.27 | NT$109.50 | x |
| 2023-12-31 | NT$42.74 | NT$109.50 | x |
| 2024-12-31 | NT$48.58 | NT$109.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lelon Electronics Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.36%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.02%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.08x
- Recent ROE (14.36%) is above the historical average (11.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 8.52% | 7.82% | 0.58x | 1.87x | NT$-31.97 Million |
| 2003 | 4.39% | 3.84% | 0.59x | 1.92x | NT$-128.11 Million |
| 2005 | 1.02% | 0.61% | 0.60x | 2.80x | NT$-196.21 Million |
| 2006 | 0.55% | 0.30% | 0.69x | 2.61x | NT$-207.32 Million |
| 2007 | 1.10% | 0.58% | 0.70x | 2.68x | NT$-200.37 Million |
| 2009 | -1.47% | -0.81% | 0.80x | 2.28x | NT$-248.12 Million |
| 2010 | 5.67% | 2.39% | 0.95x | 2.50x | NT$-99.00 Million |
| 2011 | 10.27% | 4.27% | 0.93x | 2.60x | NT$6.92 Million |
| 2012 | 5.02% | 2.21% | 0.85x | 2.68x | NT$-125.64 Million |
| 2013 | 13.05% | 6.50% | 0.80x | 2.52x | NT$86.80 Million |
| 2014 | 17.63% | 9.14% | 0.79x | 2.45x | NT$240.20 Million |
| 2015 | 13.74% | 7.04% | 0.70x | 2.79x | NT$111.20 Million |
| 2016 | 14.76% | 7.08% | 0.73x | 2.86x | NT$138.72 Million |
| 2017 | 15.12% | 6.42% | 0.75x | 3.13x | NT$156.14 Million |
| 2018 | 17.09% | 7.09% | 0.74x | 3.26x | NT$236.71 Million |
| 2019 | 17.49% | 8.37% | 0.68x | 3.06x | NT$252.37 Million |
| 2020 | 19.52% | 12.48% | 0.68x | 2.31x | NT$476.07 Million |
| 2021 | 24.69% | 14.81% | 0.76x | 2.20x | NT$877.42 Million |
| 2022 | 25.42% | 16.75% | 0.70x | 2.15x | NT$1.05 Billion |
| 2023 | 13.06% | 10.25% | 0.61x | 2.09x | NT$216.07 Million |
| 2024 | 14.36% | 11.02% | 0.63x | 2.08x | NT$350.75 Million |
Industry Comparison
This section compares Lelon Electronics 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 |
|---|---|---|---|---|
| Lelon Electronics Corp (2472) | NT$12.32 Billion | 8.52% | 0.35x | $398.57 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 |