Vizionfocus Inc. (4771) - Net Assets
Based on the latest financial reports, Vizionfocus Inc. (4771) has net assets worth NT$4.71 Billion TWD (≈ $148.50 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$7.44 Billion ≈ $234.38 Million USD) and total liabilities (NT$2.73 Billion ≈ $85.88 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 how tangible is Vizionfocus Inc. 's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$4.71 Billion |
| % of Total Assets | 63.36% |
| Annual Growth Rate | 27.87% |
| 5-Year Change | 144.37% |
| 10-Year Change | N/A |
| Growth Volatility | 31.64 |
Vizionfocus Inc. - Net Assets Trend (2020–2025)
This chart illustrates how Vizionfocus Inc. 's net assets have evolved over time, based on quarterly financial data. See Vizionfocus Inc. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Vizionfocus Inc. (2020–2025)
The table below shows the annual net assets of Vizionfocus Inc. from 2020 to 2025. For live valuation and market cap data, see market cap of Vizionfocus Inc. .
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$4.42 Billion ≈ $139.26 Million |
+14.82% |
| 2024-12-31 | NT$3.85 Billion ≈ $121.28 Million |
+89.11% |
| 2023-12-31 | NT$2.04 Billion ≈ $64.13 Million |
+0.67% |
| 2022-12-31 | NT$2.02 Billion ≈ $63.71 Million |
+11.79% |
| 2021-12-31 | NT$1.81 Billion ≈ $56.99 Million |
+39.87% |
| 2020-12-31 | NT$1.29 Billion ≈ $40.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vizionfocus 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 3876.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.37 Billion | 34.35% |
| Common Stock | NT$585.28 Million | 14.69% |
| Other Comprehensive Income | NT$184.88 Million | 4.64% |
| Other Components | NT$1.85 Billion | 46.32% |
| Total Equity | NT$3.98 Billion | 100.00% |
Vizionfocus Inc. Competitors by Market Cap
The table below lists competitors of Vizionfocus Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Erajaya Swasembada Tbk
JK:ERAA
|
$349.59 Million |
|
Hai An Transport and Stevedoring JSC
VN:HAH
|
$349.66 Million |
|
Cosmo Chem
KO:005420
|
$349.69 Million |
|
SFC Energy AG
XETRA:F3C
|
$349.70 Million |
|
Caledonia Mining Corporation Plc
F:9CD1
|
$349.57 Million |
|
Qingdao Victall Railway Co Ltd
SHG:605001
|
$349.55 Million |
|
Seah Holdings
KO:058650
|
$349.54 Million |
|
Rojana Industrial Park Public Company Limited
BK:ROJNA
|
$349.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vizionfocus Inc. 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,532,735,000 to 3,984,501,000, a change of 451,766,000 (12.8%).
- Net income of 807,938,000 contributed positively to equity growth.
- Dividend payments of 322,638,000 reduced retained earnings.
- New share issuances of 22,125,000 increased equity.
- Other comprehensive income increased equity by 184,879,000.
- Other factors decreased equity by 240,538,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$807.94 Million | +20.28% |
| Dividends Paid | NT$322.64 Million | -8.1% |
| Share Issuances | NT$22.12 Million | +0.56% |
| Other Comprehensive Income | NT$184.88 Million | +4.64% |
| Other Changes | NT$-240.54 Million | -6.04% |
| Total Change | NT$- | 12.79% |
Book Value vs Market Value Analysis
This analysis compares Vizionfocus 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: 3.02x
- 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 9.33x to 3.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$20.26 | NT$189.00 | x |
| 2021-12-31 | NT$27.41 | NT$189.00 | x |
| 2022-12-31 | NT$30.65 | NT$189.00 | x |
| 2023-12-31 | NT$33.34 | NT$189.00 | x |
| 2024-12-31 | NT$60.04 | NT$189.00 | x |
| 2025-12-31 | NT$62.68 | NT$189.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vizionfocus 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): 20.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.17%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.77x
- Recent ROE (20.28%) is above the historical average (20.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 14.46% | 17.12% | 0.39x | 2.16x | NT$45.18 Million |
| 2021 | 16.44% | 16.49% | 0.49x | 2.03x | NT$91.72 Million |
| 2022 | 19.10% | 17.06% | 0.57x | 1.96x | NT$149.16 Million |
| 2023 | 31.46% | 21.86% | 0.58x | 2.50x | NT$383.56 Million |
| 2024 | 18.95% | 22.30% | 0.51x | 1.68x | NT$316.32 Million |
| 2025 | 20.28% | 23.17% | 0.49x | 1.77x | NT$409.49 Million |
Industry Comparison
This section compares Vizionfocus Inc. 's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $1,419,230,667
- Average return on equity (ROE) among peers: 12.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vizionfocus Inc. (4771) | NT$4.71 Billion | 14.46% | 0.58x | $349.58 Million |
| St.Shine Optical Co Ltd (1565) | $966.82 Million | 24.11% | 0.40x | $147.72 Million |
| Maxigen Biotech Inc (1783) | $860.23 Million | 7.36% | 0.11x | $110.19 Million |
| SciVision Biotech Inc (1786) | $425.98 Million | 14.66% | 0.13x | $132.02 Million |
| Bioteque (4107) | $3.19 Billion | 14.19% | 0.45x | $254.35 Million |
| Chi Sheng Chemical (4111) | $1.22 Billion | 12.60% | 0.47x | $56.46 Million |
| BenQ Medical Technology (4116) | $1.09 Billion | 6.10% | 0.54x | $53.07 Million |
| Pacific Hospital Supply Co Ltd (4126) | $2.02 Billion | 17.37% | 0.32x | $184.13 Million |
| Bionime Corp (4737) | $2.07 Billion | 3.01% | 1.17x | $133.68 Million |
| Formosa Optical Technology Co Ltd (5312) | $922.41 Million | 15.48% | 0.58x | $181.65 Million |
About Vizionfocus Inc.
Vizionfocus Inc. engages in the manufacturing of medical equipment in Japan, China, Southeast Asia and the United States. It also manufactures mechanical equipment, optical instruments, and precision instruments; trades internationally; and provides other consulting services. In addition, the company engages in the research and development, design, OEM, development, and sale of contact lenses, as… Read more