E-Lead Electronic Co Ltd
E-Lead Electronic Co., Ltd. designs and manufactures electronics devices for automotive industry in Taiwan and internationally. The company provides HUD heads-up display, passenger HUD, windshield HUD, combined HUD, windshield reflection HUD, virtual intelligent holographic assistant, and digital dashboard; driving safety protection products comprising driving assistance system, 2D/3D AVM, anti-c… Read more
E-Lead Electronic Co Ltd (2497) - Net Assets
Latest net assets as of September 2025: NT$2.23 Billion TWD
Based on the latest financial reports, E-Lead Electronic Co Ltd (2497) has net assets worth NT$2.23 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$4.29 Billion) and total liabilities (NT$2.07 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$2.23 Billion |
| % of Total Assets | 51.9% |
| Annual Growth Rate | 4.17% |
| 5-Year Change | 87.7% |
| 10-Year Change | 23.94% |
| Growth Volatility | 16.7 |
E-Lead Electronic Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how E-Lead 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 E-Lead Electronic Co Ltd (2002–2024)
The table below shows the annual net assets of E-Lead Electronic Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.51 Billion | +14.95% |
| 2023-12-31 | NT$2.19 Billion | +6.74% |
| 2022-12-31 | NT$2.05 Billion | +46.92% |
| 2021-12-31 | NT$1.39 Billion | +4.13% |
| 2020-12-31 | NT$1.34 Billion | -7.48% |
| 2019-12-31 | NT$1.45 Billion | +0.50% |
| 2018-12-31 | NT$1.44 Billion | -14.05% |
| 2017-12-31 | NT$1.68 Billion | -8.39% |
| 2016-12-31 | NT$1.83 Billion | -9.82% |
| 2015-12-31 | NT$2.03 Billion | -7.37% |
| 2014-12-31 | NT$2.19 Billion | +17.01% |
| 2013-12-31 | NT$1.87 Billion | +18.69% |
| 2012-12-31 | NT$1.58 Billion | +35.73% |
| 2011-12-31 | NT$1.16 Billion | +30.99% |
| 2010-12-31 | NT$886.91 Million | +9.29% |
| 2009-12-31 | NT$811.55 Million | -15.52% |
| 2008-12-31 | NT$960.67 Million | -20.71% |
| 2007-12-31 | NT$1.21 Billion | +13.44% |
| 2006-12-31 | NT$1.07 Billion | +1.20% |
| 2005-12-31 | NT$1.06 Billion | +2.96% |
| 2004-12-31 | NT$1.03 Billion | -0.99% |
| 2003-12-31 | NT$1.04 Billion | +1.22% |
| 2002-12-31 | NT$1.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to E-Lead 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 297.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$521.94 Million | 20.76% |
| Common Stock | NT$1.23 Billion | 48.84% |
| Other Components | NT$764.14 Million | 30.39% |
| Total Equity | NT$2.51 Billion | 100.00% |
E-Lead Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of E-Lead Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Moens Bank A/S
CO:MNBA
|
$84.72 Million |
|
Thye Ming Industrial Co Ltd
TW:9927
|
$84.72 Million |
|
PRG Corporation Public Company Limited
BK:PRG
|
$84.76 Million |
|
VIB Vermögen AG
XETRA:VIH1
|
$84.78 Million |
|
180 Life Sciences Corp
NASDAQ:ATNF
|
$84.68 Million |
|
Kolibri Global Energy Inc. Common stock
NASDAQ:KGEI
|
$84.65 Million |
|
Phoenix Tours International Inc
TW:5706
|
$84.64 Million |
|
Oponeo.pl SA
WAR:OPN
|
$84.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E-Lead Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,187,106,000 to 2,514,062,000, a change of 326,956,000 (14.9%).
- Net income of 379,502,000 contributed positively to equity growth.
- Dividend payments of 122,798,000 reduced retained earnings.
- Other comprehensive income decreased equity by 460,999,000.
- Other factors increased equity by 531,251,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$379.50 Million | +15.1% |
| Dividends Paid | NT$122.80 Million | -4.88% |
| Other Comprehensive Income | NT$-461.00 Million | -18.34% |
| Other Changes | NT$531.25 Million | +21.13% |
| Total Change | NT$- | 14.95% |
Book Value vs Market Value Analysis
This analysis compares E-Lead 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: 2.11x
- 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 4.18x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$9.99 | NT$41.80 | x |
| 2005-12-31 | NT$9.86 | NT$41.80 | x |
| 2006-12-31 | NT$10.01 | NT$41.80 | x |
| 2007-12-31 | NT$11.01 | NT$41.80 | x |
| 2008-12-31 | NT$9.11 | NT$41.80 | x |
| 2009-12-31 | NT$7.78 | NT$41.80 | x |
| 2010-12-31 | NT$8.49 | NT$41.80 | x |
| 2011-12-31 | NT$9.74 | NT$41.80 | x |
| 2012-12-31 | NT$13.27 | NT$41.80 | x |
| 2013-12-31 | NT$15.76 | NT$41.80 | x |
| 2014-12-31 | NT$18.35 | NT$41.80 | x |
| 2015-12-31 | NT$16.99 | NT$41.80 | x |
| 2016-12-31 | NT$15.40 | NT$41.80 | x |
| 2017-12-31 | NT$14.11 | NT$41.80 | x |
| 2018-12-31 | NT$12.07 | NT$41.80 | x |
| 2019-12-31 | NT$12.19 | NT$41.80 | x |
| 2020-12-31 | NT$11.27 | NT$41.80 | x |
| 2021-12-31 | NT$11.70 | NT$41.80 | x |
| 2022-12-31 | NT$16.78 | NT$41.80 | x |
| 2023-12-31 | NT$17.29 | NT$41.80 | x |
| 2024-12-31 | NT$19.84 | NT$41.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E-Lead 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): 15.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.21%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.88x
- Recent ROE (15.10%) is above the historical average (4.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 12.75% | 13.35% | 0.69x | 1.38x | NT$28.18 Million |
| 2003 | 3.57% | 4.25% | 0.65x | 1.29x | NT$-66.59 Million |
| 2004 | 0.33% | 0.29% | 0.70x | 1.63x | NT$-99.10 Million |
| 2005 | -2.18% | -2.48% | 0.56x | 1.56x | NT$-123.22 Million |
| 2006 | 0.66% | 0.79% | 0.55x | 1.52x | NT$-95.92 Million |
| 2007 | 8.16% | 8.31% | 0.62x | 1.58x | NT$-21.31 Million |
| 2008 | -21.86% | -31.51% | 0.47x | 1.48x | NT$-304.51 Million |
| 2009 | -18.63% | -25.34% | 0.45x | 1.65x | NT$-232.14 Million |
| 2010 | 9.18% | 6.08% | 0.86x | 1.76x | NT$-7.26 Million |
| 2011 | 14.73% | 8.40% | 0.94x | 1.87x | NT$54.09 Million |
| 2012 | 12.18% | 6.67% | 1.24x | 1.48x | NT$34.43 Million |
| 2013 | 19.08% | 10.86% | 1.17x | 1.51x | NT$169.87 Million |
| 2014 | 24.49% | 14.94% | 1.09x | 1.50x | NT$317.31 Million |
| 2015 | 10.40% | 6.34% | 1.01x | 1.63x | NT$8.08 Million |
| 2016 | 0.62% | 0.42% | 0.90x | 1.66x | NT$-171.52 Million |
| 2017 | -5.45% | -3.80% | 0.78x | 1.85x | NT$-259.00 Million |
| 2018 | -16.11% | -11.73% | 0.70x | 1.96x | NT$-376.05 Million |
| 2019 | 0.04% | 0.03% | 0.77x | 1.98x | NT$-144.14 Million |
| 2020 | -6.12% | -5.02% | 0.57x | 2.13x | NT$-215.86 Million |
| 2021 | 6.92% | 3.90% | 0.78x | 2.28x | NT$-42.95 Million |
| 2022 | 16.91% | 9.72% | 0.90x | 1.93x | NT$141.67 Million |
| 2023 | 10.63% | 6.18% | 0.86x | 2.01x | NT$13.88 Million |
| 2024 | 15.10% | 8.21% | 0.98x | 1.88x | NT$128.10 Million |
Industry Comparison
This section compares E-Lead Electronic Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,045,310,500
- Average return on equity (ROE) among peers: -15.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E-Lead Electronic Co Ltd (2497) | NT$2.23 Billion | 12.75% | 0.93x | $84.71 Million |
| Tong Yang Industry Co Ltd (1319) | $15.19 Billion | 7.81% | 0.84x | $989.33 Million |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $21.32 Million |
| Hiroca Holdings Ltd (1338) | $6.57 Billion | 4.49% | 0.58x | $25.70 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.59 Billion | 3.28% | 0.48x | $26.01 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | 0.00% | 1.41x | $45.05 Million |
| Jui Li Enterprise Co Ltd (1512) | $75.41 Million | -204.20% | 22.29x | $15.44 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.26 Billion | 4.47% | 0.94x | $18.35 Million |
| TYC Brother Industrial Co Ltd (1522) | $4.32 Billion | 1.93% | 2.05x | $174.92 Million |
| Gordon Auto Body Parts Co Ltd (1524) | $2.11 Billion | 10.49% | 1.30x | $89.90 Million |
| Kian Shen Corp (1525) | $4.44 Billion | 6.91% | 0.20x | $31.87 Million |