Excel Cell Electronic Co Ltd
Excel Cell Electronic Co., Ltd. manufactures and supplies electronic components in Taiwan, Asia, Europe, the United States, and internationally. It offers electromechanical components, including pushbutton, selector, emergency stop, key selector, DIP, slide, push, micro, and trigger switches, as well as pilot lamps and accessories; Mos, reed, solid state, and electromechanical relays; reed sensor… Read more
Excel Cell Electronic Co Ltd (2483) - Net Assets
Latest net assets as of September 2025: NT$2.53 Billion TWD
Based on the latest financial reports, Excel Cell Electronic Co Ltd (2483) has net assets worth NT$2.53 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$4.07 Billion) and total liabilities (NT$1.53 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$2.53 Billion |
| % of Total Assets | 62.28% |
| Annual Growth Rate | 2.41% |
| 5-Year Change | 7.09% |
| 10-Year Change | 5.7% |
| Growth Volatility | 7.56 |
Excel Cell Electronic Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Excel Cell Electronic Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Excel Cell Electronic Co Ltd (2002–2024)
The table below shows the annual net assets of Excel Cell Electronic Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.55 Billion | +0.52% |
| 2023-12-31 | NT$2.54 Billion | -3.18% |
| 2022-12-31 | NT$2.62 Billion | +2.71% |
| 2021-12-31 | NT$2.55 Billion | +7.14% |
| 2020-12-31 | NT$2.38 Billion | -1.89% |
| 2019-12-31 | NT$2.43 Billion | +0.50% |
| 2018-12-31 | NT$2.42 Billion | -1.82% |
| 2017-12-31 | NT$2.46 Billion | +1.95% |
| 2016-12-31 | NT$2.41 Billion | +0.01% |
| 2015-12-31 | NT$2.41 Billion | +3.99% |
| 2014-12-31 | NT$2.32 Billion | +1.91% |
| 2013-12-31 | NT$2.28 Billion | +4.12% |
| 2012-12-31 | NT$2.19 Billion | -3.86% |
| 2011-12-31 | NT$2.27 Billion | -3.01% |
| 2010-12-31 | NT$2.34 Billion | +3.43% |
| 2009-12-31 | NT$2.27 Billion | -0.09% |
| 2008-12-31 | NT$2.27 Billion | -2.95% |
| 2007-12-31 | NT$2.34 Billion | -0.64% |
| 2006-12-31 | NT$2.35 Billion | +7.16% |
| 2005-12-31 | NT$2.20 Billion | +6.83% |
| 2004-12-31 | NT$2.06 Billion | +33.93% |
| 2003-12-31 | NT$1.53 Billion | +1.57% |
| 2002-12-31 | NT$1.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Excel Cell Electronic 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 435.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$762.02 Million | 30.03% |
| Common Stock | NT$1.09 Billion | 42.99% |
| Other Comprehensive Income | NT$457.53 Million | 18.03% |
| Other Components | NT$227.14 Million | 8.95% |
| Total Equity | NT$2.54 Billion | 100.00% |
Excel Cell Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Excel Cell Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinhsiung Natural Gas
TWO:8908
|
$41.94 Million |
|
Lini Imaji Kreasi Ekosistem
JK:FUTR
|
$41.95 Million |
|
Hexindo Adiperkasa Tbk
JK:HEXA
|
$41.96 Million |
|
Kent Industrial Co. Ltd.
TW:6606
|
$41.97 Million |
|
NAU IB Capital
KQ:293580
|
$41.93 Million |
|
Urja Global Limited
NSE:URJA
|
$41.92 Million |
|
Atturra Ltd
AU:ATA
|
$41.91 Million |
|
SUN KWANG CO.Ltd
KQ:003100
|
$41.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Excel Cell Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,521,162,000 to 2,537,627,000, a change of 16,465,000 (0.7%).
- Net income of 37,910,000 contributed positively to equity growth.
- Dividend payments of 32,728,000 reduced retained earnings.
- Other comprehensive income increased equity by 7,778,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$37.91 Million | +1.49% |
| Dividends Paid | NT$32.73 Million | -1.29% |
| Other Comprehensive Income | NT$7.78 Million | +0.31% |
| Other Changes | NT$3.50 Million | +0.14% |
| Total Change | NT$- | 0.65% |
Book Value vs Market Value Analysis
This analysis compares Excel Cell Electronic 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: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.09x to 0.92x 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$19.64 | NT$21.45 | x |
| 2010-12-31 | NT$19.85 | NT$21.45 | x |
| 2011-12-31 | NT$19.29 | NT$21.45 | x |
| 2012-12-31 | NT$19.23 | NT$21.45 | x |
| 2013-12-31 | NT$20.28 | NT$21.45 | x |
| 2014-12-31 | NT$20.66 | NT$21.45 | x |
| 2015-12-31 | NT$21.48 | NT$21.45 | x |
| 2016-12-31 | NT$21.53 | NT$21.45 | x |
| 2017-12-31 | NT$21.24 | NT$21.45 | x |
| 2018-12-31 | NT$21.46 | NT$21.45 | x |
| 2019-12-31 | NT$21.73 | NT$21.45 | x |
| 2020-12-31 | NT$21.55 | NT$21.45 | x |
| 2021-12-31 | NT$23.20 | NT$21.45 | x |
| 2022-12-31 | NT$23.80 | NT$21.45 | x |
| 2023-12-31 | NT$22.87 | NT$21.45 | x |
| 2024-12-31 | NT$23.25 | NT$21.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Excel Cell Electronic Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.10%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.64x
- Recent ROE (1.49%) is below the historical average (5.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.99% | 19.57% | 0.33x | 1.08x | NT$-45.55 Million |
| 2003 | 7.44% | 18.88% | 0.36x | 1.09x | NT$-39.33 Million |
| 2004 | 6.86% | 14.42% | 0.39x | 1.20x | NT$-64.58 Million |
| 2005 | 8.38% | 9.64% | 0.65x | 1.33x | NT$-35.38 Million |
| 2006 | 8.60% | 9.85% | 0.64x | 1.36x | NT$-32.70 Million |
| 2007 | 4.81% | 5.51% | 0.68x | 1.29x | NT$-120.66 Million |
| 2008 | 1.99% | 2.42% | 0.67x | 1.23x | NT$-180.42 Million |
| 2009 | 1.26% | 1.92% | 0.53x | 1.24x | NT$-197.14 Million |
| 2010 | 6.26% | 7.19% | 0.70x | 1.24x | NT$-87.31 Million |
| 2011 | 0.80% | 0.97% | 0.72x | 1.15x | NT$-208.17 Million |
| 2012 | -0.74% | -1.06% | 0.59x | 1.18x | NT$-233.49 Million |
| 2013 | 5.40% | 7.68% | 0.59x | 1.19x | NT$-103.96 Million |
| 2014 | 7.86% | 11.09% | 0.62x | 1.15x | NT$-49.30 Million |
| 2015 | 8.03% | 12.35% | 0.56x | 1.15x | NT$-47.30 Million |
| 2016 | 7.42% | 10.91% | 0.57x | 1.20x | NT$-61.74 Million |
| 2017 | 6.85% | 9.01% | 0.44x | 1.73x | NT$-74.40 Million |
| 2018 | 6.97% | 8.15% | 0.55x | 1.56x | NT$-72.24 Million |
| 2019 | 6.59% | 8.86% | 0.48x | 1.55x | NT$-82.22 Million |
| 2020 | 3.52% | 4.68% | 0.46x | 1.64x | NT$-153.30 Million |
| 2021 | 6.03% | 7.05% | 0.50x | 1.72x | NT$-100.78 Million |
| 2022 | 6.44% | 7.54% | 0.49x | 1.74x | NT$-92.78 Million |
| 2023 | 1.40% | 1.96% | 0.43x | 1.67x | NT$-216.84 Million |
| 2024 | 1.49% | 2.10% | 0.44x | 1.64x | NT$-215.85 Million |
Industry Comparison
This section compares Excel Cell Electronic Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $5,443,854,100
- Average return on equity (ROE) among peers: 15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Excel Cell Electronic Co Ltd (2483) | NT$2.53 Billion | 6.99% | 0.61x | $41.93 Million |
| Shihlin Electric & Engineering Corp (1503) | $12.57 Billion | 8.24% | 1.01x | $1.64 Billion |
| Allis Electric Co Ltd (1514) | $2.89 Billion | 7.47% | 0.97x | $721.68 Million |
| Fortune Electric Co Ltd (1519) | $3.07 Billion | 22.96% | 1.33x | $3.49 Billion |
| Klingon Aerospace Inc (1529) | $1.06 Billion | 4.03% | 0.77x | $95.39 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $3.92 Billion | 25.10% | 0.48x | $225.94 Million |
| Chieftek Precision Co Ltd (1597) | $2.02 Billion | 8.63% | 0.64x | $131.66 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $9.01 Billion | 15.42% | 0.52x | $104.26 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $9.13 Billion | 9.31% | 1.76x | $714.51 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $7.82 Billion | 34.51% | 0.12x | $203.18 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $2.95 Billion | 17.78% | 0.52x | $96.72 Million |