Asia Optical Co Inc (3019) - Net Assets

Latest as of March 2026: NT$16.73 Billion TWD ≈ $526.96 Million USD

Based on the latest financial reports, Asia Optical Co Inc (3019) has net assets worth NT$16.73 Billion TWD (≈ $526.96 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$27.40 Billion ≈ $863.39 Million USD) and total liabilities (NT$10.68 Billion ≈ $336.43 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 Asia Optical Co Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$16.73 Billion
% of Total Assets	61.03%
Annual Growth Rate	6.07%
5-Year Change	9.54%
10-Year Change	12.21%
Growth Volatility	17.58

Asia Optical Co Inc - Net Assets Trend (2002–2025)

This chart illustrates how Asia Optical Co Inc's net assets have evolved over time, based on quarterly financial data. See 3019 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Asia Optical Co Inc (2002–2025)

The table below shows the annual net assets of Asia Optical Co Inc from 2002 to 2025. For live valuation and market cap data, see 3019 market cap overview.

Year	Net Assets	Change
2025-12-31	NT$17.41 Billion ≈ $548.45 Million	+0.70%
2024-12-31	NT$17.29 Billion ≈ $544.63 Million	+16.59%
2023-12-31	NT$14.83 Billion ≈ $467.15 Million	+0.88%
2022-12-31	NT$14.70 Billion ≈ $463.07 Million	-7.51%
2021-12-31	NT$15.89 Billion ≈ $500.69 Million	+6.23%
2020-12-31	NT$14.96 Billion ≈ $471.31 Million	-3.93%
2019-12-31	NT$15.57 Billion ≈ $490.60 Million	-1.95%
2018-12-31	NT$15.88 Billion ≈ $500.38 Million	+4.61%
2017-12-31	NT$15.18 Billion ≈ $478.34 Million	-2.13%
2016-12-31	NT$15.51 Billion ≈ $488.76 Million	-1.46%
2015-12-31	NT$15.74 Billion ≈ $496.00 Million	-2.33%
2014-12-31	NT$16.12 Billion ≈ $507.82 Million	-0.01%
2013-12-31	NT$16.12 Billion ≈ $507.88 Million	+25.29%
2012-12-31	NT$12.87 Billion ≈ $405.36 Million	-5.66%
2011-12-31	NT$13.64 Billion ≈ $429.69 Million	-3.76%
2010-12-31	NT$14.17 Billion ≈ $446.46 Million	-7.70%
2009-12-31	NT$15.35 Billion ≈ $483.73 Million	-5.60%
2008-12-31	NT$16.26 Billion ≈ $512.43 Million	+1.84%
2007-12-31	NT$15.97 Billion ≈ $503.15 Million	+7.32%
2006-12-31	NT$14.88 Billion ≈ $468.81 Million	+11.31%
2005-12-31	NT$13.37 Billion ≈ $421.20 Million	+32.33%
2004-12-31	NT$10.10 Billion ≈ $318.29 Million	+32.82%
2003-12-31	NT$7.61 Billion ≈ $239.64 Million	+69.38%
2002-12-31	NT$4.49 Billion ≈ $141.48 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Asia Optical Co Inc'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 148.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$4.47 Billion	30.05%
Common Stock	NT$2.79 Billion	18.77%
Other Comprehensive Income	NT$7.18 Billion	48.27%
Other Components	NT$430.84 Million	2.90%
Total Equity	NT$14.87 Billion	100.00%

Asia Optical Co Inc Competitors by Market Cap

The table below lists competitors of Asia Optical Co Inc ranked by their market capitalization.

Company	Market Cap
Landis+Gyr Group AG SW:LAND	$1.41 Billion
Nan Pao Resins Chemical Co Ltd TW:4766	$1.41 Billion
Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd SHE:300617	$1.41 Billion
Shinkong Insurance Co Ltd TW:2850	$1.41 Billion
Jiangsu Jiangyin Rural Commercial Bank Co Ltd SHE:002807	$1.41 Billion
Daqo New Energy Corp ADR NYSE:DQ	$1.41 Billion
Vestjysk Bank A/S CO:VJBA	$1.41 Billion
Butterfly Network Inc NYSE:BFLY	$1.41 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Asia Optical Co Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 14,672,560,000 to 14,873,481,000, a change of 200,921,000 (1.4%).
Net income of 1,843,199,000 contributed positively to equity growth.
Dividend payments of 1,116,976,000 reduced retained earnings.
Other comprehensive income increased equity by 7,180,122,000.
Other factors decreased equity by 7,705,424,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$1.84 Billion	+12.39%
Dividends Paid	NT$1.12 Billion	-7.51%
Other Comprehensive Income	NT$7.18 Billion	+48.27%
Other Changes	NT$-7.71 Billion	-51.81%
Total Change	NT$-	1.37%

Book Value vs Market Value Analysis

This analysis compares Asia Optical Co Inc'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: 3.52x
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 increased from 3.08x to 3.52x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	NT$52.13	NT$160.50	x
2007-12-31	NT$54.78	NT$160.50	x
2008-12-31	NT$54.35	NT$160.50	x
2009-12-31	NT$55.42	NT$160.50	x
2010-12-31	NT$48.64	NT$160.50	x
2011-12-31	NT$43.62	NT$160.50	x
2012-12-31	NT$40.34	NT$160.50	x
2013-12-31	NT$38.87	NT$160.50	x
2014-12-31	NT$39.55	NT$160.50	x
2015-12-31	NT$39.99	NT$160.50	x
2016-12-31	NT$39.52	NT$160.50	x
2017-12-31	NT$38.86	NT$160.50	x
2018-12-31	NT$41.70	NT$160.50	x
2019-12-31	NT$41.57	NT$160.50	x
2020-12-31	NT$39.61	NT$160.50	x
2021-12-31	NT$42.78	NT$160.50	x
2022-12-31	NT$43.87	NT$160.50	x
2023-12-31	NT$44.53	NT$160.50	x
2024-12-31	NT$52.16	NT$160.50	x
2025-12-31	NT$45.66	NT$160.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asia Optical Co Inc 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): 12.39%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.97%
• Asset Turnover: 0.96x
• Equity Multiplier: 1.84x
Recent ROE (12.39%) is above the historical average (7.65%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	29.52%	9.61%	1.31x	2.35x	NT$840.68 Million
2003	25.87%	9.93%	1.05x	2.47x	NT$1.21 Billion
2004	24.29%	8.98%	1.39x	1.95x	NT$1.43 Billion
2005	21.23%	8.30%	1.56x	1.64x	NT$1.47 Billion
2006	15.55%	6.90%	1.42x	1.58x	NT$792.52 Million
2007	14.17%	6.46%	1.47x	1.49x	NT$636.32 Million
2008	6.77%	3.19%	1.33x	1.59x	NT$-487.26 Million
2009	-3.12%	-1.94%	0.93x	1.72x	NT$-1.86 Billion
2010	-7.72%	-4.05%	1.10x	1.73x	NT$-2.29 Billion
2011	-16.93%	-8.49%	1.01x	1.98x	NT$-3.28 Billion
2012	-3.82%	-2.09%	0.94x	1.95x	NT$-1.57 Billion
2013	-7.85%	-4.77%	0.69x	2.39x	NT$-1.95 Billion
2014	-3.00%	-1.89%	0.77x	2.07x	NT$-1.45 Billion
2015	0.93%	0.57%	0.86x	1.90x	NT$-1.02 Billion
2016	3.02%	1.88%	0.86x	1.87x	NT$-780.10 Million
2017	5.66%	3.32%	0.92x	1.85x	NT$-476.46 Million
2018	9.25%	5.73%	0.91x	1.78x	NT$-88.86 Million
2019	11.48%	7.44%	0.92x	1.68x	NT$173.46 Million
2020	5.43%	3.86%	0.78x	1.80x	NT$-511.81 Million
2021	12.35%	7.15%	0.93x	1.86x	NT$285.73 Million
2022	10.85%	7.05%	0.93x	1.65x	NT$105.31 Million
2023	6.19%	4.36%	0.85x	1.67x	NT$-478.73 Million
2024	11.01%	7.01%	0.89x	1.76x	NT$148.53 Million
2025	12.39%	6.97%	0.96x	1.84x	NT$355.85 Million

Industry Comparison

This section compares Asia Optical Co Inc's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

Industry: Electronic Components
Average net assets among peers: $94,021,037,300
Average return on equity (ROE) among peers: 13.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Asia Optical Co Inc (3019)	NT$16.73 Billion	29.52%	0.64x	$1.41 Billion
Syncmold Enterprise Corp (1582)	$3.54 Billion	14.79%	0.82x	$426.35 Million
Fulltech Fiber Glass (1815)	$5.38 Billion	0.00%	1.68x	$1.61 Billion
Delta Electronics Inc (2308)	$129.01 Billion	14.57%	0.82x	$175.95 Billion
Compeq Manufacturing Co Ltd (2313)	$38.72 Billion	20.67%	1.06x	$9.74 Billion
WUS Printed Circuit Co Ltd (2316)	$10.22 Billion	46.26%	0.48x	$1.17 Billion
Hon Hai Precision Industry Co Ltd (2317)	$682.97 Billion	13.86%	2.00x	$118.11 Billion
Yageo Corp (2327)	$41.20 Billion	8.21%	0.71x	$70.52 Billion
Pan-International Industrial Corp (2328)	$18.48 Billion	5.79%	0.37x	$872.06 Million
Chin-Poon Industrial Co Ltd (2355)	$5.71 Billion	0.00%	0.33x	$725.10 Million
Solomon Technology Corp (2359)	$4.99 Billion	6.38%	0.26x	$723.48 Million

About Asia Optical Co Inc

TW:3019 Taiwan Electronic Components

Market Cap

$1.41 Billion

NT$44.82 Billion TWD

Market Cap Rank

#7613 Global

#251 in Taiwan

Share Price

NT$160.50

Change (1 day)

+1.26%

52-Week Range

NT$120.50 - NT$171.50

All Time High

NT$209.50