Laster Tech Corp Ltd

TW:3346 Taiwan Semiconductors
Market Cap
$75.01 Million
NT$2.48 Billion TWD
Market Cap Rank
#20298 Global
#1053 in Taiwan
Share Price
NT$20.60
Change (1 day)
+4.57%
52-Week Range
NT$18.10 - NT$34.00
All Time High
NT$103.36
Categories
Companies in Taiwan Semiconductors Technology AI & Machine Learning
About

Laster Tech Co., Ltd. engages in the manufacture and sale of LED chips and components in Taiwan, China, and Thailand. It offers automotive lighting products, including tail lights, brake lights, fog lights, turn signals, side markers, and day time running lamps; inline module inspection equipment; industrial, indoor, outdoor, and landscape lighting products; and chip products, such as Lumileds LE… Read more

Laster Tech Corp Ltd (3346) - Net Assets

Latest net assets as of June 2025: NT$3.20 Billion TWD

Based on the latest financial reports, Laster Tech Corp Ltd (3346) has net assets worth NT$3.20 Billion TWD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$9.49 Billion) and total liabilities (NT$6.30 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$3.20 Billion
% of Total Assets 33.67%
Annual Growth Rate 15.05%
5-Year Change 93.57%
10-Year Change 256.23%
Growth Volatility 10.94

Laster Tech Corp Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Laster Tech Corp 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 Laster Tech Corp Ltd (2011–2024)

The table below shows the annual net assets of Laster Tech Corp Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 NT$3.52 Billion +7.12%
2023-12-31 NT$3.28 Billion +19.97%
2022-12-31 NT$2.74 Billion +14.96%
2021-12-31 NT$2.38 Billion +31.03%
2020-12-31 NT$1.82 Billion +22.38%
2019-12-31 NT$1.48 Billion +4.38%
2018-12-31 NT$1.42 Billion +0.16%
2017-12-31 NT$1.42 Billion +6.42%
2016-12-31 NT$1.33 Billion +35.15%
2015-12-31 NT$987.25 Million +14.54%
2014-12-31 NT$861.90 Million +27.10%
2013-12-31 NT$678.11 Million +18.08%
2012-12-31 NT$574.29 Million +1.13%
2011-12-31 NT$567.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Laster Tech Corp 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 520.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$532.82 Million 15.15%
Other Components NT$2.98 Billion 84.85%
Total Equity NT$3.52 Billion 100.00%

Laster Tech Corp Ltd Competitors by Market Cap

The table below lists competitors of Laster Tech Corp Ltd ranked by their market capitalization.

Company Market Cap
ITAG IND
SA:ITAG
 		$61.45 Million
Elevate Uranium Ltd
OTCQX:ELVUF
 		$61.46 Million
KANAMIC NETWORK CO. O.N.
F:0WT
 		$61.47 Million
China High Speed Transmission Equipment Group Co. Ltd
PINK:CHSTF
 		$61.47 Million
Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi
IS:BESLR
 		$61.42 Million
Artois Nom.
PA:ARTO
 		$61.42 Million
NORTH MEDIA AS NAM. DK 5
F:3S8
 		$61.39 Million
Ajmera Realty & Infra India Limited
NSE:AJMERA
 		$61.39 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Laster Tech Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,283,144,000 to 3,516,887,000, a change of 233,743,000 (7.1%).
  • Net income of 271,357,000 contributed positively to equity growth.
  • Dividend payments of 172,479,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 765,584,000.
  • Other factors increased equity by 900,449,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$271.36 Million +7.72%
Dividends Paid NT$172.48 Million -4.9%
Other Comprehensive Income NT$-765.58 Million -21.77%
Other Changes NT$900.45 Million +25.6%
Total Change NT$- 7.12%

Book Value vs Market Value Analysis

This analysis compares Laster Tech Corp 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: 0.68x
  • 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 1.81x to 0.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 NT$11.41 NT$20.60 x
2012-12-31 NT$10.87 NT$20.60 x
2013-12-31 NT$12.78 NT$20.60 x
2014-12-31 NT$15.04 NT$20.60 x
2015-12-31 NT$17.15 NT$20.60 x
2016-12-31 NT$21.17 NT$20.60 x
2017-12-31 NT$18.88 NT$20.60 x
2018-12-31 NT$18.23 NT$20.60 x
2019-12-31 NT$19.71 NT$20.60 x
2020-12-31 NT$23.32 NT$20.60 x
2021-12-31 NT$23.73 NT$20.60 x
2022-12-31 NT$26.25 NT$20.60 x
2023-12-31 NT$27.78 NT$20.60 x
2024-12-31 NT$30.32 NT$20.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Laster Tech Corp 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): 7.72%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.91%
  • • Asset Turnover: 0.88x
  • • Equity Multiplier: 3.01x
  • Recent ROE (7.72%) is below the historical average (8.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 7.94% 4.39% 0.88x 2.06x NT$-11.68 Million
2012 4.66% 2.18% 0.96x 2.22x NT$-30.69 Million
2013 10.82% 4.23% 0.98x 2.61x NT$5.57 Million
2014 9.15% 3.97% 0.84x 2.74x NT$-7.31 Million
2015 7.13% 2.57% 1.04x 2.66x NT$-28.38 Million
2016 15.68% 5.83% 1.04x 2.58x NT$75.73 Million
2017 18.32% 6.36% 0.94x 3.06x NT$118.17 Million
2018 14.48% 4.68% 0.96x 3.21x NT$63.71 Million
2019 0.88% 0.32% 0.83x 3.34x NT$-135.43 Million
2020 0.68% 0.28% 0.79x 3.03x NT$-169.37 Million
2021 4.04% 1.70% 0.90x 2.65x NT$-141.89 Million
2022 1.13% 0.47% 0.78x 3.10x NT$-242.68 Million
2023 9.47% 3.67% 0.89x 2.90x NT$-17.51 Million
2024 7.72% 2.91% 0.88x 3.01x NT$-80.33 Million

Industry Comparison

This section compares Laster Tech Corp Ltd's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

  • Industry: Semiconductors
  • Average net assets among peers: $20,387,667,400
  • Average return on equity (ROE) among peers: -0.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Laster Tech Corp Ltd (3346) NT$3.20 Billion 7.94% 1.97x $61.44 Million
Polylite Taiwan Co Ltd (1813) $1.02 Billion 9.68% 0.11x $10.90 Million
Orient Semiconductor Electronics Ltd (2329) $5.50 Billion -2.03% 2.04x $836.46 Million
Macronix International Co Ltd (2337) $22.78 Billion -28.37% 0.97x $5.52 Billion
Optotech Corp (2340) $7.12 Billion 4.72% 0.60x $279.36 Million
Mosel Vitelic Inc (2342) $1.29 Billion -1.88% 1.06x $98.63 Million
Winbond Electronics Corp (2344) $78.11 Billion 0.00% 0.35x $10.24 Billion
Silicon Integrated Systems Corp (2363) $18.37 Billion 0.00% 0.92x $603.45 Million
Realtek Semiconductor Corp (2379) $20.64 Billion 13.14% 0.11x $6.64 Billion
VIA Technologies Inc (2388) $15.91 Billion 0.00% 0.71x $369.19 Million
Nanya Technology Corp (2408) $33.14 Billion 0.00% 1.31x $9.33 Billion