Elite Advanced Laser Corp (3450) - Net Assets
Based on the latest financial reports, Elite Advanced Laser Corp (3450) has net assets worth NT$7.82 Billion TWD (≈ $246.46 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$13.26 Billion ≈ $417.82 Million USD) and total liabilities (NT$5.44 Billion ≈ $171.36 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. Also explore Elite Advanced Laser Corp (3450) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$7.82 Billion |
| % of Total Assets | 58.99% |
| Annual Growth Rate | 10.3% |
| 5-Year Change | 29.08% |
| 10-Year Change | 45.45% |
| Growth Volatility | 16.98 |
Elite Advanced Laser Corp - Net Assets Trend (2004–2025)
This chart illustrates how Elite Advanced Laser Corp's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see market value of Elite Advanced Laser Corp.
Annual Net Assets for Elite Advanced Laser Corp (2004–2025)
The table below shows the annual net assets of Elite Advanced Laser Corp from 2004 to 2025. Explore 3450 cash flow metrics to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$7.82 Billion ≈ $246.46 Million |
+12.30% |
| 2024-12-31 | NT$6.97 Billion ≈ $219.47 Million |
+16.96% |
| 2023-12-31 | NT$5.96 Billion ≈ $187.64 Million |
-4.53% |
| 2022-12-31 | NT$6.24 Billion ≈ $196.54 Million |
+2.93% |
| 2021-12-31 | NT$6.06 Billion ≈ $190.94 Million |
+4.28% |
| 2020-12-31 | NT$5.81 Billion ≈ $183.11 Million |
+2.66% |
| 2019-12-31 | NT$5.66 Billion ≈ $178.37 Million |
-2.93% |
| 2018-12-31 | NT$5.83 Billion ≈ $183.76 Million |
+6.39% |
| 2017-12-31 | NT$5.48 Billion ≈ $172.72 Million |
+1.93% |
| 2016-12-31 | NT$5.38 Billion ≈ $169.45 Million |
+26.86% |
| 2015-12-31 | NT$4.24 Billion ≈ $133.58 Million |
+31.43% |
| 2014-12-31 | NT$3.23 Billion ≈ $101.64 Million |
+28.38% |
| 2013-12-31 | NT$2.51 Billion ≈ $79.16 Million |
+26.99% |
| 2012-12-31 | NT$1.98 Billion ≈ $62.34 Million |
+18.60% |
| 2011-12-31 | NT$1.67 Billion ≈ $52.56 Million |
+0.17% |
| 2010-12-31 | NT$1.67 Billion ≈ $52.47 Million |
+21.42% |
| 2009-12-31 | NT$1.37 Billion ≈ $43.22 Million |
+4.25% |
| 2008-12-31 | NT$1.32 Billion ≈ $41.46 Million |
-20.82% |
| 2007-12-31 | NT$1.66 Billion ≈ $52.36 Million |
+3.99% |
| 2006-12-31 | NT$1.60 Billion ≈ $50.35 Million |
+60.15% |
| 2004-12-31 | NT$997.87 Million ≈ $31.44 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Elite Advanced Laser 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 1332.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.45 Billion | 48.33% |
| Common Stock | NT$1.46 Billion | 28.77% |
| Other Comprehensive Income | NT$831.13 Million | 16.41% |
| Other Components | NT$328.55 Million | 6.49% |
| Total Equity | NT$5.06 Billion | 100.00% |
Elite Advanced Laser Corp Competitors by Market Cap
The table below lists competitors of Elite Advanced Laser Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanobiotix S.A
PA:NANO
|
$1.39 Billion |
|
Financial Street Holdings Co Ltd
SHE:000402
|
$1.39 Billion |
|
Abaxx Technologies Inc
NEO:ABXX
|
$1.39 Billion |
|
Msscorps Co Ltd
TW:6830
|
$1.39 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
$1.39 Billion |
|
Allegiant Travel Company
NASDAQ:ALGT
|
$1.38 Billion |
|
Orchid Island Capital Inc.
NYSE:ORC
|
$1.38 Billion |
|
Hong Leong Industries Bhd
KLSE:3301
|
$1.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elite Advanced Laser Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,428,767,000 to 5,063,491,000, a change of 634,724,000 (14.3%).
- Net income of 729,803,000 contributed positively to equity growth.
- Dividend payments of 72,841,000 reduced retained earnings.
- Other comprehensive income decreased equity by 24,965,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$729.80 Million | +14.41% |
| Dividends Paid | NT$72.84 Million | -1.44% |
| Other Comprehensive Income | NT$-24.96 Million | -0.49% |
| Other Changes | NT$2.73 Million | +0.05% |
| Total Change | NT$- | 14.33% |
Book Value vs Market Value Analysis
This analysis compares Elite Advanced Laser 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: 14.68x
- 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 decreased from 41.61x to 14.68x 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$7.26 | NT$302.00 | x |
| 2006-12-31 | NT$11.62 | NT$302.00 | x |
| 2007-12-31 | NT$11.07 | NT$302.00 | x |
| 2008-12-31 | NT$9.02 | NT$302.00 | x |
| 2009-12-31 | NT$9.33 | NT$302.00 | x |
| 2010-12-31 | NT$11.25 | NT$302.00 | x |
| 2011-12-31 | NT$11.10 | NT$302.00 | x |
| 2012-12-31 | NT$11.10 | NT$302.00 | x |
| 2013-12-31 | NT$13.52 | NT$302.00 | x |
| 2014-12-31 | NT$16.21 | NT$302.00 | x |
| 2015-12-31 | NT$21.51 | NT$302.00 | x |
| 2016-12-31 | NT$25.99 | NT$302.00 | x |
| 2017-12-31 | NT$26.07 | NT$302.00 | x |
| 2018-12-31 | NT$27.15 | NT$302.00 | x |
| 2019-12-31 | NT$25.72 | NT$302.00 | x |
| 2020-12-31 | NT$26.41 | NT$302.00 | x |
| 2021-12-31 | NT$27.50 | NT$302.00 | x |
| 2022-12-31 | NT$27.03 | NT$302.00 | x |
| 2023-12-31 | NT$26.12 | NT$302.00 | x |
| 2024-12-31 | NT$30.33 | NT$302.00 | x |
| 2025-12-31 | NT$20.57 | NT$302.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elite Advanced Laser 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): 14.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.50%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.62x
- Recent ROE (14.41%) is below the historical average (16.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 19.07% | 14.84% | 0.69x | 1.85x | NT$90.49 Million |
| 2006 | 12.20% | 13.48% | 0.82x | 1.10x | NT$35.18 Million |
| 2007 | 12.33% | 16.27% | 0.65x | 1.16x | NT$38.72 Million |
| 2008 | 10.88% | 11.44% | 0.61x | 1.56x | NT$11.54 Million |
| 2009 | 6.94% | 8.02% | 0.64x | 1.35x | NT$-41.92 Million |
| 2010 | 26.64% | 17.70% | 1.11x | 1.36x | NT$277.10 Million |
| 2011 | 18.20% | 13.16% | 1.03x | 1.34x | NT$135.83 Million |
| 2012 | 14.06% | 6.23% | 0.85x | 2.66x | NT$66.70 Million |
| 2013 | 23.32% | 8.43% | 1.12x | 2.47x | NT$267.64 Million |
| 2014 | 30.94% | 11.01% | 1.31x | 2.14x | NT$507.02 Million |
| 2015 | 35.97% | 16.09% | 1.05x | 2.13x | NT$827.71 Million |
| 2016 | 31.08% | 14.48% | 1.02x | 2.10x | NT$806.17 Million |
| 2017 | 19.62% | 10.32% | 0.95x | 2.00x | NT$367.66 Million |
| 2018 | 14.91% | 8.70% | 0.82x | 2.10x | NT$195.97 Million |
| 2019 | 15.02% | 9.84% | 0.73x | 2.09x | NT$189.09 Million |
| 2020 | 6.23% | 3.88% | 0.75x | 2.15x | NT$-145.92 Million |
| 2021 | 9.19% | 5.16% | 0.72x | 2.46x | NT$-32.67 Million |
| 2022 | 16.33% | 9.57% | 0.67x | 2.56x | NT$251.35 Million |
| 2023 | -2.00% | -1.41% | 0.60x | 2.35x | NT$-456.63 Million |
| 2024 | 12.56% | 7.35% | 0.68x | 2.52x | NT$113.55 Million |
| 2025 | 14.41% | 8.50% | 0.65x | 2.62x | NT$223.45 Million |
Industry Comparison
This section compares Elite Advanced Laser Corp's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $4,314,351,000
- Average return on equity (ROE) among peers: 9.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elite Advanced Laser Corp (3450) | NT$7.82 Billion | 19.07% | 0.70x | $1.39 Billion |
| Rectron Ltd (2302) | $1.80 Billion | 4.73% | 0.19x | $97.98 Million |
| Taiwan Mask Corp (2338) | $5.04 Billion | 13.49% | 0.56x | $410.22 Million |
| SDI Corp (2351) | $5.66 Billion | 12.66% | 0.89x | $883.71 Million |
| Lingsen Precision Industries Ltd (2369) | $5.48 Billion | -3.07% | 0.37x | $348.60 Million |
| Greatek Electronics Inc (2441) | $9.63 Billion | 24.96% | 0.14x | $1.51 Billion |
| Visual Photonics Epitaxy Co Ltd (2455) | $3.59 Billion | 16.49% | 0.14x | $2.01 Billion |
| Pan Jit International Inc (2481) | $4.10 Billion | 7.99% | 1.53x | $1.22 Billion |
| Ampoc Far-East Co Ltd (2493) | $2.35 Billion | 9.73% | 0.43x | $692.88 Million |
| Episil-Precision Inc (3016) | $1.09 Billion | 1.28% | 0.35x | $815.43 Million |
| Zenitron Corp (3028) | $4.41 Billion | 5.23% | 2.23x | $510.50 Million |
About Elite Advanced Laser Corp
Elite Advanced Laser Corporation provides electronic manufacturing services in Taiwan. It offers assembly and testing services for optoelectronic, optical information, and sensors and power amplifiers. The company also provides visible laser diodes. Elite Advanced Laser Corporation was founded in 2000 and is headquartered in New Taipei City, Taiwan.