Hanpin Electron Co Ltd (2488) - Net Assets
Based on the latest financial reports, Hanpin Electron Co Ltd (2488) has net assets worth NT$2.81 Billion TWD (≈ $88.46 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$3.81 Billion ≈ $119.89 Million USD) and total liabilities (NT$997.79 Million ≈ $31.44 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 financial resilience of Hanpin Electron Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.81 Billion |
| % of Total Assets | 73.78% |
| Annual Growth Rate | 2.25% |
| 5-Year Change | 34.22% |
| 10-Year Change | 38.08% |
| Growth Volatility | 7.11 |
Hanpin Electron Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Hanpin Electron Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hanpin Electron Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Hanpin Electron Co Ltd (2002–2025)
The table below shows the annual net assets of Hanpin Electron Co Ltd from 2002 to 2025. For live valuation and market cap data, see 2488 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.81 Billion ≈ $88.46 Million |
+2.72% |
| 2024-12-31 | NT$2.73 Billion ≈ $86.12 Million |
+10.64% |
| 2023-12-31 | NT$2.47 Billion ≈ $77.83 Million |
+5.83% |
| 2022-12-31 | NT$2.33 Billion ≈ $73.55 Million |
+11.60% |
| 2021-12-31 | NT$2.09 Billion ≈ $65.91 Million |
+0.39% |
| 2020-12-31 | NT$2.08 Billion ≈ $65.65 Million |
-0.59% |
| 2019-12-31 | NT$2.10 Billion ≈ $66.04 Million |
+2.61% |
| 2018-12-31 | NT$2.04 Billion ≈ $64.36 Million |
+7.50% |
| 2017-12-31 | NT$1.90 Billion ≈ $59.87 Million |
-6.54% |
| 2016-12-31 | NT$2.03 Billion ≈ $64.06 Million |
+12.06% |
| 2015-12-31 | NT$1.81 Billion ≈ $57.17 Million |
+6.99% |
| 2014-12-31 | NT$1.70 Billion ≈ $53.43 Million |
+2.71% |
| 2013-12-31 | NT$1.65 Billion ≈ $52.02 Million |
+18.02% |
| 2012-12-31 | NT$1.40 Billion ≈ $44.08 Million |
-0.13% |
| 2011-12-31 | NT$1.40 Billion ≈ $44.14 Million |
-5.03% |
| 2010-12-31 | NT$1.48 Billion ≈ $46.48 Million |
-11.55% |
| 2009-12-31 | NT$1.67 Billion ≈ $52.55 Million |
+0.27% |
| 2008-12-31 | NT$1.66 Billion ≈ $52.41 Million |
-5.06% |
| 2007-12-31 | NT$1.75 Billion ≈ $55.20 Million |
+5.17% |
| 2006-12-31 | NT$1.67 Billion ≈ $52.49 Million |
+6.72% |
| 2005-12-31 | NT$1.56 Billion ≈ $49.19 Million |
-9.82% |
| 2004-12-31 | NT$1.73 Billion ≈ $54.54 Million |
-2.30% |
| 2003-12-31 | NT$1.77 Billion ≈ $55.82 Million |
+5.31% |
| 2002-12-31 | NT$1.68 Billion ≈ $53.01 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hanpin Electron 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 168.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.22 Billion | 43.41% |
| Common Stock | NT$799.99 Million | 28.49% |
| Other Comprehensive Income | NT$755.44 Million | 26.91% |
| Other Components | NT$33.59 Million | 1.20% |
| Total Equity | NT$2.81 Billion | 100.00% |
Hanpin Electron Co Ltd Competitors by Market Cap
The table below lists competitors of Hanpin Electron Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rupa & Company Limited
NSE:RUPA
|
$130.57 Million |
|
Yen Sun Technology
TWO:6275
|
$130.59 Million |
|
Reward Wool Industry Corp
TW:1423
|
$130.60 Million |
|
I Controls Inc
KO:039570
|
$130.63 Million |
|
Avita Medical Inc
AU:AVH
|
$130.53 Million |
|
Userjoy Technology Co Ltd
TWO:3546
|
$130.51 Million |
|
Lastminute.com NV
SW:LMN
|
$130.47 Million |
|
Asia Plus Group Holdings PCL
BK:ASP
|
$130.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanpin Electron Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,733,415,000 to 2,807,733,000, a change of 74,318,000 (2.7%).
- Net income of 364,592,000 contributed positively to equity growth.
- Dividend payments of 255,998,000 reduced retained earnings.
- Other comprehensive income increased equity by 6,987,001.
- Other factors decreased equity by 41,263,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$364.59 Million | +12.99% |
| Dividends Paid | NT$256.00 Million | -9.12% |
| Other Comprehensive Income | NT$6.99 Million | +0.25% |
| Other Changes | NT$-41.26 Million | -1.47% |
| Total Change | NT$- | 2.72% |
Book Value vs Market Value Analysis
This analysis compares Hanpin Electron 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: 1.48x
- 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 3.14x to 1.48x 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$16.49 | NT$51.80 | x |
| 2010-12-31 | NT$15.87 | NT$51.80 | x |
| 2011-12-31 | NT$17.32 | NT$51.80 | x |
| 2012-12-31 | NT$17.26 | NT$51.80 | x |
| 2013-12-31 | NT$20.34 | NT$51.80 | x |
| 2014-12-31 | NT$20.86 | NT$51.80 | x |
| 2015-12-31 | NT$22.13 | NT$51.80 | x |
| 2016-12-31 | NT$24.82 | NT$51.80 | x |
| 2017-12-31 | NT$23.22 | NT$51.80 | x |
| 2018-12-31 | NT$24.87 | NT$51.80 | x |
| 2019-12-31 | NT$25.54 | NT$51.80 | x |
| 2020-12-31 | NT$25.49 | NT$51.80 | x |
| 2021-12-31 | NT$25.65 | NT$51.80 | x |
| 2022-12-31 | NT$28.68 | NT$51.80 | x |
| 2023-12-31 | NT$30.41 | NT$51.80 | x |
| 2024-12-31 | NT$33.68 | NT$51.80 | x |
| 2025-12-31 | NT$35.12 | NT$51.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanpin Electron 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): 12.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.65%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.36x
- Recent ROE (12.99%) is above the historical average (11.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 17.77% | 17.43% | 0.66x | 1.54x | NT$130.68 Million |
| 2003 | 17.15% | 16.36% | 0.74x | 1.41x | NT$126.64 Million |
| 2004 | 13.80% | 12.38% | 0.66x | 1.69x | NT$65.72 Million |
| 2005 | 4.71% | 4.08% | 0.71x | 1.63x | NT$-82.29 Million |
| 2006 | 11.17% | 9.56% | 0.78x | 1.49x | NT$19.38 Million |
| 2007 | 14.29% | 11.83% | 0.81x | 1.49x | NT$74.93 Million |
| 2008 | 9.94% | 7.22% | 0.93x | 1.49x | NT$-939.10K |
| 2009 | 6.45% | 6.94% | 0.66x | 1.41x | NT$-58.94 Million |
| 2010 | 6.46% | 5.48% | 0.70x | 1.68x | NT$-51.99 Million |
| 2011 | 0.32% | 0.25% | 0.83x | 1.56x | NT$-134.68 Million |
| 2012 | 4.47% | 4.00% | 0.71x | 1.57x | NT$-76.77 Million |
| 2013 | 16.71% | 11.55% | 0.92x | 1.57x | NT$110.00 Million |
| 2014 | 10.76% | 8.98% | 0.76x | 1.57x | NT$12.72 Million |
| 2015 | 13.23% | 9.91% | 0.88x | 1.51x | NT$58.15 Million |
| 2016 | 22.37% | 13.93% | 1.00x | 1.60x | NT$249.61 Million |
| 2017 | 10.09% | 8.87% | 0.58x | 1.96x | NT$1.60 Million |
| 2018 | 14.44% | 11.09% | 0.87x | 1.50x | NT$89.83 Million |
| 2019 | 13.51% | 11.03% | 0.83x | 1.48x | NT$72.67 Million |
| 2020 | 8.81% | 9.37% | 0.58x | 1.62x | NT$-24.46 Million |
| 2021 | 6.92% | 5.76% | 0.61x | 1.97x | NT$-63.75 Million |
| 2022 | 13.22% | 10.01% | 0.93x | 1.42x | NT$75.24 Million |
| 2023 | 14.21% | 14.26% | 0.71x | 1.40x | NT$104.07 Million |
| 2024 | 15.33% | 13.19% | 0.82x | 1.42x | NT$145.73 Million |
| 2025 | 12.99% | 12.65% | 0.76x | 1.36x | NT$83.82 Million |
Industry Comparison
This section compares Hanpin Electron Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $7,399,203,889
- Average return on equity (ROE) among peers: 4.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanpin Electron Co Ltd (2488) | NT$2.81 Billion | 17.77% | 0.36x | $130.56 Million |
| Lung Hwa Electronics Co Ltd (2424) | $789.96 Million | 0.00% | 0.57x | $40.14 Million |
| Merry Electronics Co Ltd (2439) | $12.27 Billion | 10.77% | 1.78x | $687.92 Million |
| Taiwan Line Tek Electronic Co Ltd (2462) | $1.46 Billion | 25.69% | 1.01x | $100.24 Million |
| Meiloon Industrial Co Ltd (2477) | $3.90 Billion | 7.11% | 0.56x | $104.66 Million |
| HTC Corp (2498) | $35.00 Billion | -26.90% | 0.51x | $1.05 Billion |
| Action Electronics Co Ltd (3024) | $6.15 Billion | 14.25% | 0.50x | $110.90 Million |
| Global View Co Ltd (3040) | $1.38 Billion | 5.98% | 0.12x | $80.80 Million |
| U-Tech Media Corp (3050) | $4.04 Billion | 0.00% | 0.58x | $59.81 Million |
| Powertech Industrial Co Ltd (3296) | $1.61 Billion | 6.16% | 0.52x | $59.42 Million |
About Hanpin Electron Co Ltd
Hanpin Electron Co., Ltd. designs, manufactures, and sells electrical appliances, lighting equipment, data storage, wireless communication machinery, and electronic components in the United States, Netherlands, Japan, China, Taiwan, and internationally. It also offers direct drive and belt drive turntables, media players, tabletop mixers, and MIDI controllers. The company was founded in 1965 and … Read more