Lotes Co Ltd
Lotes Co., Ltd. designs, manufactures, and sells electronic interconnect and hardware components in Taiwan, Mainland China, and internationally. Its products include socket, such as CPU, SIM card, SPI, and automotive sockets; memory connectors and slot/edge cards; and I/O series connectors consisting of USB, audio jack, power jack, display port, HDMI, RJ45, SATA/SAS, and SIM card connectors. The … Read more
Lotes Co Ltd (3533) - Net Assets
Latest net assets as of September 2025: NT$36.24 Billion TWD
Based on the latest financial reports, Lotes Co Ltd (3533) has net assets worth NT$36.24 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$46.91 Billion) and total liabilities (NT$10.66 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$36.24 Billion |
| % of Total Assets | 77.27% |
| Annual Growth Rate | 20.85% |
| 5-Year Change | 162.16% |
| 10-Year Change | 369.33% |
| Growth Volatility | 26.61 |
Lotes Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Lotes 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 Lotes Co Ltd (2006–2024)
The table below shows the annual net assets of Lotes Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$37.96 Billion | +29.20% |
| 2023-12-31 | NT$29.38 Billion | +19.88% |
| 2022-12-31 | NT$24.51 Billion | +35.75% |
| 2021-12-31 | NT$18.05 Billion | +24.69% |
| 2020-12-31 | NT$14.48 Billion | +15.42% |
| 2019-12-31 | NT$12.55 Billion | +27.09% |
| 2018-12-31 | NT$9.87 Billion | +17.07% |
| 2017-12-31 | NT$8.43 Billion | +5.72% |
| 2016-12-31 | NT$7.98 Billion | -1.39% |
| 2015-12-31 | NT$8.09 Billion | +3.21% |
| 2014-12-31 | NT$7.84 Billion | +15.89% |
| 2013-12-31 | NT$6.76 Billion | +9.43% |
| 2012-12-31 | NT$6.18 Billion | +8.88% |
| 2011-12-31 | NT$5.68 Billion | +10.07% |
| 2010-12-31 | NT$5.16 Billion | +123.46% |
| 2009-12-31 | NT$2.31 Billion | +23.53% |
| 2008-12-31 | NT$1.87 Billion | +8.02% |
| 2007-12-31 | NT$1.73 Billion | +37.85% |
| 2006-12-31 | NT$1.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lotes 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 3425.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$21.04 Billion | 58.50% |
| Common Stock | NT$1.13 Billion | 3.13% |
| Other Comprehensive Income | NT$78.42 Million | 0.22% |
| Other Components | NT$13.73 Billion | 38.16% |
| Total Equity | NT$35.97 Billion | 100.00% |
Lotes Co Ltd Competitors by Market Cap
The table below lists competitors of Lotes Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Krafton Inc
KO:259960
|
$4.38 Billion |
|
Financiere de Tubize SA
LSE:0D53
|
$4.38 Billion |
|
Badger Meter Inc
NYSE:BMI
|
$4.38 Billion |
|
Nibe Industrier AB Series B
LSE:0RH0
|
$4.38 Billion |
|
Mirion Technologies Inc
NYSE:MIR
|
$4.38 Billion |
|
Pan African Resources PLC
OTCQX:PAFRY
|
$4.37 Billion |
|
Vinhomes JSC
VN:VHM
|
$4.37 Billion |
|
Food & Life Companies Ltd
F:2G0
|
$4.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lotes Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,773,059,000 to 35,970,017,000, a change of 8,196,958,000 (29.5%).
- Net income of 9,276,952,000 contributed positively to equity growth.
- Dividend payments of 2,898,275,000 reduced retained earnings.
- Share repurchases of 343,000 reduced equity.
- Other comprehensive income increased equity by 867,978,999.
- Other factors increased equity by 950,645,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$9.28 Billion | +25.79% |
| Dividends Paid | NT$2.90 Billion | -8.06% |
| Share Repurchases | NT$343.00K | -0.0% |
| Other Comprehensive Income | NT$867.98 Million | +2.41% |
| Other Changes | NT$950.65 Million | +2.64% |
| Total Change | NT$- | 29.51% |
Book Value vs Market Value Analysis
This analysis compares Lotes 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: 5.49x
- 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 95.74x to 5.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$18.28 | NT$1750.00 | x |
| 2007-12-31 | NT$23.73 | NT$1750.00 | x |
| 2008-12-31 | NT$22.80 | NT$1750.00 | x |
| 2009-12-31 | NT$29.01 | NT$1750.00 | x |
| 2010-12-31 | NT$58.59 | NT$1750.00 | x |
| 2011-12-31 | NT$59.01 | NT$1750.00 | x |
| 2012-12-31 | NT$64.18 | NT$1750.00 | x |
| 2013-12-31 | NT$69.60 | NT$1750.00 | x |
| 2014-12-31 | NT$80.91 | NT$1750.00 | x |
| 2015-12-31 | NT$83.45 | NT$1750.00 | x |
| 2016-12-31 | NT$81.84 | NT$1750.00 | x |
| 2017-12-31 | NT$87.43 | NT$1750.00 | x |
| 2018-12-31 | NT$100.47 | NT$1750.00 | x |
| 2019-12-31 | NT$113.16 | NT$1750.00 | x |
| 2020-12-31 | NT$128.99 | NT$1750.00 | x |
| 2021-12-31 | NT$157.97 | NT$1750.00 | x |
| 2022-12-31 | NT$209.79 | NT$1750.00 | x |
| 2023-12-31 | NT$248.81 | NT$1750.00 | x |
| 2024-12-31 | NT$319.04 | NT$1750.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lotes Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.83%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.40x
- Recent ROE (25.79%) is above the historical average (16.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.38% | 4.54% | 0.89x | 1.57x | NT$-45.39 Million |
| 2007 | 14.69% | 9.35% | 1.05x | 1.50x | NT$81.07 Million |
| 2008 | 14.21% | 8.25% | 1.07x | 1.61x | NT$78.62 Million |
| 2009 | 25.83% | 13.94% | 0.98x | 1.90x | NT$365.26 Million |
| 2010 | 24.20% | 17.35% | 0.99x | 1.40x | NT$732.14 Million |
| 2011 | 16.38% | 12.01% | 1.01x | 1.35x | NT$362.07 Million |
| 2012 | 15.37% | 11.07% | 0.92x | 1.50x | NT$331.41 Million |
| 2013 | 10.80% | 9.00% | 0.80x | 1.49x | NT$54.02 Million |
| 2014 | 13.86% | 12.98% | 0.79x | 1.35x | NT$300.01 Million |
| 2015 | 9.90% | 9.71% | 0.75x | 1.35x | NT$-7.73 Million |
| 2016 | 8.74% | 7.79% | 0.85x | 1.33x | NT$-99.37 Million |
| 2017 | 11.54% | 9.12% | 0.89x | 1.42x | NT$127.74 Million |
| 2018 | 16.92% | 12.08% | 0.97x | 1.45x | NT$657.95 Million |
| 2019 | 17.57% | 13.76% | 0.93x | 1.38x | NT$894.51 Million |
| 2020 | 20.24% | 15.80% | 0.90x | 1.43x | NT$1.38 Billion |
| 2021 | 20.59% | 16.23% | 0.81x | 1.57x | NT$1.79 Billion |
| 2022 | 27.42% | 23.08% | 0.81x | 1.46x | NT$3.97 Billion |
| 2023 | 20.14% | 22.84% | 0.65x | 1.37x | NT$2.82 Billion |
| 2024 | 25.79% | 30.83% | 0.60x | 1.40x | NT$5.68 Billion |
Industry Comparison
This section compares Lotes Co Ltd'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 |
|---|---|---|---|---|
| Lotes Co Ltd (3533) | NT$36.24 Billion | 6.38% | 0.29x | $4.38 Billion |
| 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 |