Bright Led Electronics Corp
Bright LED Electronics Corp. manufactures and sells light-emitting diodes, indicator lights, displays, and other products in China, Taiwan, Korea, the United States, and internationally. The company offers PCBA products, such as motor, sensor, and LED light bar assemblies; LED components, including lamps, displays, SMD, PLCC, and infrared; and LED indoor, outdoor, and specialty lighting products.… Read more
Bright Led Electronics Corp (3031) - Net Assets
Latest net assets as of September 2025: NT$2.91 Billion TWD
Based on the latest financial reports, Bright Led Electronics Corp (3031) has net assets worth NT$2.91 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$3.46 Billion) and total liabilities (NT$541.93 Million). 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$2.91 Billion |
| % of Total Assets | 84.32% |
| Annual Growth Rate | 4.86% |
| 5-Year Change | 8.53% |
| 10-Year Change | 6.05% |
| Growth Volatility | 11.4 |
Bright Led Electronics Corp - Net Assets Trend (2002–2024)
This chart illustrates how Bright Led Electronics Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bright Led Electronics Corp (2002–2024)
The table below shows the annual net assets of Bright Led Electronics Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.06 Billion | +0.56% |
| 2023-12-31 | NT$3.04 Billion | +2.01% |
| 2022-12-31 | NT$2.98 Billion | -1.50% |
| 2021-12-31 | NT$3.03 Billion | +7.42% |
| 2020-12-31 | NT$2.82 Billion | -0.96% |
| 2019-12-31 | NT$2.85 Billion | +2.26% |
| 2018-12-31 | NT$2.78 Billion | -2.74% |
| 2017-12-31 | NT$2.86 Billion | -1.92% |
| 2016-12-31 | NT$2.92 Billion | +1.14% |
| 2015-12-31 | NT$2.89 Billion | -4.98% |
| 2014-12-31 | NT$3.04 Billion | +2.68% |
| 2013-12-31 | NT$2.96 Billion | +4.97% |
| 2012-12-31 | NT$2.82 Billion | -18.55% |
| 2011-12-31 | NT$3.46 Billion | +3.84% |
| 2010-12-31 | NT$3.33 Billion | +4.13% |
| 2009-12-31 | NT$3.20 Billion | +6.48% |
| 2008-12-31 | NT$3.00 Billion | -0.22% |
| 2007-12-31 | NT$3.01 Billion | +36.59% |
| 2006-12-31 | NT$2.20 Billion | +15.84% |
| 2005-12-31 | NT$1.90 Billion | +15.61% |
| 2004-12-31 | NT$1.65 Billion | +21.49% |
| 2003-12-31 | NT$1.35 Billion | +25.80% |
| 2002-12-31 | NT$1.08 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bright Led 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 257.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$789.45 Million | 26.64% |
| Common Stock | NT$1.73 Billion | 58.45% |
| Other Comprehensive Income | NT$46.53 Million | 1.57% |
| Other Components | NT$395.20 Million | 13.34% |
| Total Equity | NT$2.96 Billion | 100.00% |
Bright Led Electronics Corp Competitors by Market Cap
The table below lists competitors of Bright Led Electronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sera Prognostics Inc
NASDAQ:SERA
|
$54.19 Million |
|
Inspirato Inc
NASDAQ:ISPO
|
$54.21 Million |
|
Akastor ASA
PINK:AKKVF
|
$54.21 Million |
|
WISeKey International Holding Ltd.
LSE:0RF1
|
$54.21 Million |
|
AB VILKUSKIU PIEN.EO 029
F:UDW
|
$54.19 Million |
|
Laboratorio Reig Jofre S.A
MC:RJF
|
$54.17 Million |
|
Tofu Restaurant Co Ltd
TWO:2752
|
$54.16 Million |
|
Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS
IS:BJKAS
|
$54.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bright Led Electronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,946,290,000 to 2,963,214,000, a change of 16,924,000 (0.6%).
- Net income of 188,712,000 contributed positively to equity growth.
- Dividend payments of 138,563,000 reduced retained earnings.
- Other comprehensive income decreased equity by 35,475,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$188.71 Million | +6.37% |
| Dividends Paid | NT$138.56 Million | -4.68% |
| Other Comprehensive Income | NT$-35.48 Million | -1.2% |
| Other Changes | NT$2.25 Million | +0.08% |
| Total Change | NT$- | 0.57% |
Book Value vs Market Value Analysis
This analysis compares Bright Led 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: 1.35x
- 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 1.46x to 1.35x 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$15.74 | NT$23.00 | x |
| 2010-12-31 | NT$13.55 | NT$23.00 | x |
| 2011-12-31 | NT$12.46 | NT$23.00 | x |
| 2012-12-31 | NT$13.18 | NT$23.00 | x |
| 2013-12-31 | NT$13.65 | NT$23.00 | x |
| 2014-12-31 | NT$13.87 | NT$23.00 | x |
| 2015-12-31 | NT$13.47 | NT$23.00 | x |
| 2016-12-31 | NT$13.80 | NT$23.00 | x |
| 2017-12-31 | NT$14.10 | NT$23.00 | x |
| 2018-12-31 | NT$13.80 | NT$23.00 | x |
| 2019-12-31 | NT$14.74 | NT$23.00 | x |
| 2020-12-31 | NT$15.58 | NT$23.00 | x |
| 2021-12-31 | NT$16.75 | NT$23.00 | x |
| 2022-12-31 | NT$16.37 | NT$23.00 | x |
| 2023-12-31 | NT$16.88 | NT$23.00 | x |
| 2024-12-31 | NT$17.02 | NT$23.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bright Led 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): 6.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.02%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.21x
- Recent ROE (6.37%) is below the historical average (8.70%), 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 | 18.91% | 16.60% | 0.92x | 1.24x | NT$95.96 Million |
| 2003 | 25.37% | 18.76% | 0.97x | 1.40x | NT$208.25 Million |
| 2004 | 21.32% | 15.55% | 1.07x | 1.28x | NT$186.29 Million |
| 2005 | 17.72% | 13.51% | 1.03x | 1.28x | NT$146.91 Million |
| 2006 | 14.61% | 11.71% | 1.00x | 1.25x | NT$101.68 Million |
| 2007 | 18.51% | 15.64% | 0.89x | 1.33x | NT$256.27 Million |
| 2008 | 10.12% | 7.76% | 0.80x | 1.62x | NT$3.34 Million |
| 2009 | 7.87% | 5.59% | 0.85x | 1.65x | NT$-65.55 Million |
| 2010 | 10.11% | 6.26% | 0.84x | 1.91x | NT$3.53 Million |
| 2011 | 5.61% | 4.10% | 0.70x | 1.95x | NT$-138.72 Million |
| 2012 | -13.74% | -10.70% | 0.63x | 2.04x | NT$-615.26 Million |
| 2013 | 1.20% | 1.17% | 0.74x | 1.40x | NT$-236.45 Million |
| 2014 | 3.30% | 3.69% | 0.63x | 1.42x | NT$-183.41 Million |
| 2015 | -0.54% | -0.70% | 0.54x | 1.42x | NT$-279.29 Million |
| 2016 | 6.49% | 8.14% | 0.58x | 1.38x | NT$-95.35 Million |
| 2017 | 7.71% | 10.63% | 0.56x | 1.29x | NT$-62.26 Million |
| 2018 | 4.09% | 6.60% | 0.49x | 1.26x | NT$-157.44 Million |
| 2019 | 8.58% | 13.30% | 0.50x | 1.29x | NT$-38.66 Million |
| 2020 | 4.75% | 9.31% | 0.40x | 1.29x | NT$-141.80 Million |
| 2021 | 8.58% | 16.27% | 0.42x | 1.26x | NT$-41.39 Million |
| 2022 | 7.00% | 13.28% | 0.42x | 1.25x | NT$-85.83 Million |
| 2023 | 6.16% | 16.03% | 0.32x | 1.21x | NT$-113.08 Million |
| 2024 | 6.37% | 16.02% | 0.33x | 1.21x | NT$-107.61 Million |
Industry Comparison
This section compares Bright Led Electronics Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bright Led Electronics Corp (3031) | NT$2.91 Billion | 18.91% | 0.19x | $54.19 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |