Lelon Electronics Corp (2472) - Net Assets
Based on the latest financial reports, Lelon Electronics Corp (2472) has net assets worth NT$13.80 Billion TWD (≈ $434.70 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$18.21 Billion ≈ $573.64 Million USD) and total liabilities (NT$4.41 Billion ≈ $138.94 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 asset resilience ratio of Lelon Electronics Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$13.80 Billion |
| % of Total Assets | 75.78% |
| Annual Growth Rate | 8.41% |
| 5-Year Change | 53.93% |
| 10-Year Change | 187.63% |
| Growth Volatility | 10.76 |
Lelon Electronics Corp - Net Assets Trend (2002–2025)
This chart illustrates how Lelon Electronics Corp's net assets have evolved over time, based on quarterly financial data. Also explore 2472 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Lelon Electronics Corp (2002–2025)
The table below shows the annual net assets of Lelon Electronics Corp from 2002 to 2025. For live valuation and market cap data, see 2472 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$13.80 Billion ≈ $434.70 Million |
+12.33% |
| 2024-12-31 | NT$12.28 Billion ≈ $386.97 Million |
+16.84% |
| 2023-12-31 | NT$10.51 Billion ≈ $331.20 Million |
+3.28% |
| 2022-12-31 | NT$10.18 Billion ≈ $320.70 Million |
+13.56% |
| 2021-12-31 | NT$8.96 Billion ≈ $282.41 Million |
+21.07% |
| 2020-12-31 | NT$7.40 Billion ≈ $233.26 Million |
+33.09% |
| 2019-12-31 | NT$5.56 Billion ≈ $175.25 Million |
-0.55% |
| 2018-12-31 | NT$5.59 Billion ≈ $176.22 Million |
+6.18% |
| 2017-12-31 | NT$5.27 Billion ≈ $165.97 Million |
+9.82% |
| 2016-12-31 | NT$4.80 Billion ≈ $151.13 Million |
-1.19% |
| 2015-12-31 | NT$4.85 Billion ≈ $152.96 Million |
+8.31% |
| 2014-12-31 | NT$4.48 Billion ≈ $141.22 Million |
+9.80% |
| 2013-12-31 | NT$4.08 Billion ≈ $128.62 Million |
+9.27% |
| 2012-12-31 | NT$3.74 Billion ≈ $117.71 Million |
-1.38% |
| 2011-12-31 | NT$3.79 Billion ≈ $119.37 Million |
+21.33% |
| 2010-12-31 | NT$3.12 Billion ≈ $98.38 Million |
+7.99% |
| 2009-12-31 | NT$2.89 Billion ≈ $91.11 Million |
-3.63% |
| 2008-12-31 | NT$3.00 Billion ≈ $94.54 Million |
-1.95% |
| 2007-12-31 | NT$3.06 Billion ≈ $96.42 Million |
+1.29% |
| 2006-12-31 | NT$3.02 Billion ≈ $95.19 Million |
-1.93% |
| 2005-12-31 | NT$3.08 Billion ≈ $97.06 Million |
+36.75% |
| 2004-12-31 | NT$2.25 Billion ≈ $70.98 Million |
-1.27% |
| 2003-12-31 | NT$2.28 Billion ≈ $71.89 Million |
+5.93% |
| 2002-12-31 | NT$2.15 Billion ≈ $67.87 Million |
-- |
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 2423.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.63 Billion | 50.96% |
| Common Stock | NT$1.65 Billion | 18.12% |
| Other Comprehensive Income | NT$997.29 Million | 10.97% |
| Other Components | NT$1.81 Billion | 19.95% |
| Total Equity | NT$9.09 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 |
|---|---|
|
Guangxi Wuzhou Communications Co Ltd
SHG:600368
|
$916.26 Million |
|
Changzhou Tenglong Auto Parts
SHG:603158
|
$916.36 Million |
|
Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira
SA:INTB3
|
$916.53 Million |
|
Hunan Jingfeng Pharmaceutical
SHE:000908
|
$916.62 Million |
|
Akcansa Cimento Sanayi ve Ticaret AS
IS:AKCNS
|
$915.90 Million |
|
Zhang Jia Jie Tourism Group Co Ltd
SHE:000430
|
$915.81 Million |
|
ABBISKO CAYMAN DL-00001
F:8ZD
|
$915.66 Million |
|
Coronation Fund Managers Ltd
JSE:CML
|
$915.61 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 2024 to 2025, total equity changed from 8,047,326,000 to 9,092,932,000, a change of 1,045,606,000 (13.0%).
- Net income of 1,437,717,000 contributed positively to equity growth.
- Dividend payments of 510,679,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,111,257,999.
- Other factors decreased equity by 992,689,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.44 Billion | +15.81% |
| Dividends Paid | NT$510.68 Million | -5.62% |
| Other Comprehensive Income | NT$1.11 Billion | +12.22% |
| Other Changes | NT$-992.69 Million | -10.92% |
| Total Change | NT$- | 12.99% |
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: 3.21x
- 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 10.56x to 3.21x 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$176.50 | x |
| 2010-12-31 | NT$16.81 | NT$176.50 | x |
| 2011-12-31 | NT$17.62 | NT$176.50 | x |
| 2012-12-31 | NT$19.07 | NT$176.50 | x |
| 2013-12-31 | NT$21.51 | NT$176.50 | x |
| 2014-12-31 | NT$20.15 | NT$176.50 | x |
| 2015-12-31 | NT$20.32 | NT$176.50 | x |
| 2016-12-31 | NT$22.25 | NT$176.50 | x |
| 2017-12-31 | NT$23.31 | NT$176.50 | x |
| 2018-12-31 | NT$25.48 | NT$176.50 | x |
| 2019-12-31 | NT$23.75 | NT$176.50 | x |
| 2020-12-31 | NT$35.74 | NT$176.50 | x |
| 2021-12-31 | NT$36.70 | NT$176.50 | x |
| 2022-12-31 | NT$41.27 | NT$176.50 | x |
| 2023-12-31 | NT$42.74 | NT$176.50 | x |
| 2024-12-31 | NT$48.58 | NT$176.50 | x |
| 2025-12-31 | NT$55.00 | NT$176.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lelon Electronics Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.73%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.00x
- Recent ROE (15.81%) is above the historical average (11.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 8.52% | 7.82% | 0.58x | 1.87x | NT$-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 |
| 2025 | 15.81% | 12.73% | 0.62x | 2.00x | NT$528.42 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: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lelon Electronics Corp (2472) | NT$13.80 Billion | 8.52% | 0.32x | $916.05 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About 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