Ledtech Electronics Corp (6164) - Net Assets

Latest as of September 2025: NT$891.89 Million TWD ≈ $28.10 Million USD

Based on the latest financial reports, Ledtech Electronics Corp (6164) has net assets worth NT$891.89 Million TWD (≈ $28.10 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.50 Billion ≈ $47.17 Million USD) and total liabilities (NT$605.15 Million ≈ $19.07 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 6164 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$891.89 Million
% of Total Assets 59.58%
Annual Growth Rate 0.24%
5-Year Change -13.61%
10-Year Change -39.94%
Growth Volatility 7.91

Ledtech Electronics Corp - Net Assets Trend (2002–2024)

This chart illustrates how Ledtech Electronics Corp's net assets have evolved over time, based on quarterly financial data. Also explore 6164 asset base for the complete picture of this company's asset base.

Annual Net Assets for Ledtech Electronics Corp (2002–2024)

The table below shows the annual net assets of Ledtech Electronics Corp from 2002 to 2024. For live valuation and market cap data, see how much is Ledtech Electronics Corp worth.

Year Net Assets Change
2024-12-31 NT$965.92 Million
≈ $30.43 Million		 -11.99%
2023-12-31 NT$1.10 Billion
≈ $34.58 Million		 -8.68%
2022-12-31 NT$1.20 Billion
≈ $37.86 Million		 +7.33%
2021-12-31 NT$1.12 Billion
≈ $35.28 Million		 +0.14%
2020-12-31 NT$1.12 Billion
≈ $35.23 Million		 +0.21%
2019-12-31 NT$1.12 Billion
≈ $35.15 Million		 -9.30%
2018-12-31 NT$1.23 Billion
≈ $38.76 Million		 -2.36%
2017-12-31 NT$1.26 Billion
≈ $39.69 Million		 -8.12%
2016-12-31 NT$1.37 Billion
≈ $43.20 Million		 -14.74%
2015-12-31 NT$1.61 Billion
≈ $50.67 Million		 -3.62%
2014-12-31 NT$1.67 Billion
≈ $52.57 Million		 +4.84%
2013-12-31 NT$1.59 Billion
≈ $50.15 Million		 +10.07%
2012-12-31 NT$1.45 Billion
≈ $45.56 Million		 -8.36%
2011-12-31 NT$1.58 Billion
≈ $49.72 Million		 +8.14%
2010-12-31 NT$1.46 Billion
≈ $45.98 Million		 +5.35%
2009-12-31 NT$1.39 Billion
≈ $43.64 Million		 +1.05%
2008-12-31 NT$1.37 Billion
≈ $43.19 Million		 +3.84%
2007-12-31 NT$1.32 Billion
≈ $41.59 Million		 +10.29%
2006-12-31 NT$1.20 Billion
≈ $37.71 Million		 +13.96%
2005-12-31 NT$1.05 Billion
≈ $33.09 Million		 +9.05%
2004-12-31 NT$963.17 Million
≈ $30.35 Million		 +5.88%
2003-12-31 NT$909.68 Million
≈ $28.66 Million		 -0.80%
2002-12-31 NT$917.04 Million
≈ $28.89 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Ledtech 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 decreased by 59.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings NT$44.60 Million 4.67%
Common Stock NT$800.00 Million 83.79%
Other Comprehensive Income NT$104.66 Million 10.96%
Other Components NT$5.52 Million 0.58%
Total Equity NT$954.78 Million 100.00%

Ledtech Electronics Corp Competitors by Market Cap

The table below lists competitors of Ledtech Electronics Corp ranked by their market capitalization.

Company Market Cap
PPAP Automotive Limited
NSE:PPAP
 $31.00 Million
Infoline Tec Holdings Bhd
KLSE:0253
 $31.01 Million
Amanet Management & Systems Ltd
TA:AMAN
 $31.01 Million
Innature Bhd
KLSE:5295
 $31.01 Million
Landis Taipei Hotel Co Ltd
TWO:5703
 $30.98 Million
Gediz Ambalaj Sanayi ve Ticaret AS
IS:GEDZA
 $30.97 Million
Key Tronic Corporation
NASDAQ:KTCC
 $30.95 Million
Almondz Global Securities Limited
NSE:ALMONDZ
 $30.95 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,086,525,000 to 954,779,000, a change of -131,746,000 (-12.1%).
  • Net income of 43,753,000 contributed positively to equity growth.
  • Share repurchases of 200,002,000 reduced equity.
  • Other comprehensive income increased equity by 901,000.
  • Other factors increased equity by 23,602,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income NT$43.75 Million +4.58%
Share Repurchases NT$200.00 Million -20.95%
Other Comprehensive Income NT$901.00K +0.09%
Other Changes NT$23.60 Million +2.47%
Total Change NT$- -12.13%

Book Value vs Market Value Analysis

This analysis compares Ledtech 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: 1.21x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 1.09x to 1.21x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 NT$11.29 NT$12.30 x
2010-12-31 NT$11.13 NT$12.30 x
2011-12-31 NT$12.32 NT$12.30 x
2012-12-31 NT$11.21 NT$12.30 x
2013-12-31 NT$13.23 NT$12.30 x
2014-12-31 NT$13.77 NT$12.30 x
2015-12-31 NT$13.21 NT$12.30 x
2016-12-31 NT$11.82 NT$12.30 x
2017-12-31 NT$12.35 NT$12.30 x
2018-12-31 NT$12.10 NT$12.30 x
2019-12-31 NT$11.01 NT$12.30 x
2020-12-31 NT$11.04 NT$12.30 x
2021-12-31 NT$11.05 NT$12.30 x
2022-12-31 NT$11.78 NT$12.30 x
2023-12-31 NT$10.88 NT$12.30 x
2024-12-31 NT$10.18 NT$12.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ledtech 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): 4.58%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.32%
  • • Asset Turnover: 0.56x
  • • Equity Multiplier: 1.53x
  • Recent ROE (4.58%) is below the historical average (5.07%), 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 11.27% 12.01% 0.65x 1.45x NT$11.66 Million
2003 3.10% 2.67% 0.73x 1.59x NT$-62.80 Million
2004 4.77% 4.18% 0.75x 1.52x NT$-50.42 Million
2005 6.34% 6.12% 0.71x 1.46x NT$-38.46 Million
2006 10.54% 11.32% 0.70x 1.32x NT$6.43 Million
2007 14.47% 14.69% 0.70x 1.40x NT$59.05 Million
2008 8.05% 8.26% 0.79x 1.23x NT$-26.69 Million
2009 7.61% 7.93% 0.70x 1.38x NT$-33.05 Million
2010 8.33% 6.87% 0.79x 1.53x NT$-24.15 Million
2011 2.98% 2.90% 0.71x 1.45x NT$-109.74 Million
2012 2.36% 2.03% 0.79x 1.48x NT$-109.82 Million
2013 9.97% 8.99% 0.76x 1.46x NT$-541.50K
2014 8.02% 7.31% 0.70x 1.56x NT$-32.60 Million
2015 3.36% 3.19% 0.68x 1.54x NT$-105.09 Million
2016 9.50% 8.80% 0.65x 1.66x NT$-6.72 Million
2017 3.00% 3.01% 0.61x 1.62x NT$-87.18 Million
2018 1.77% 1.89% 0.55x 1.72x NT$-100.05 Million
2019 -5.41% -6.55% 0.50x 1.66x NT$-169.65 Million
2020 -1.51% -2.19% 0.44x 1.55x NT$-127.06 Million
2021 0.59% 0.68% 0.53x 1.63x NT$-104.04 Million
2022 5.20% 6.97% 0.51x 1.46x NT$-57.06 Million
2023 -2.21% -3.34% 0.44x 1.49x NT$-132.62 Million
2024 4.58% 5.32% 0.56x 1.53x NT$-51.72 Million

Industry Comparison

This section compares Ledtech Electronics Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $6,044,751,000
  • Average return on equity (ROE) among peers: 5.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ledtech Electronics Corp (6164) NT$891.89 Million 11.27% 0.68x $31.00 Million
Shihlin Electric & Engineering Corp (1503) $27.04 Billion 6.68% 0.67x $3.11 Billion
Allis Electric Co Ltd (1514) $3.10 Billion 9.53% 0.87x $920.17 Million
Fortune Electric Co Ltd (1519) $2.22 Billion 3.49% 0.85x $8.84 Billion
Klingon Aerospace Inc (1529) $1.72 Billion 2.62% 0.74x $106.03 Million
Kung Long Batteries Industrial Co Ltd (1537) $2.16 Billion 14.61% 0.45x $318.00 Million
Chieftek Precision Co Ltd (1597) $1.33 Billion 5.33% 1.05x $394.51 Million
Hua Eng Wire & Cable Co Ltd (1608) $8.36 Billion 5.26% 0.53x $437.03 Million
Ta Ya Electric Wire & Cable Co., Ltd. (1609) $8.10 Billion 5.82% 1.52x $794.28 Million
Hong Tai Electric Industrial Co Ltd (1612) $4.96 Billion 1.46% 0.15x $355.01 Million
Dah San Electric Wire & Cable Co Ltd (1615) $1.46 Billion 0.92% 0.49x $283.16 Million

About Ledtech Electronics Corp

TW:6164 Taiwan Electrical Equipment & Parts
Market Cap
$31.00 Million
NT$984.00 Million TWD
Market Cap Rank
#23617 Global
#1495 in Taiwan
Share Price
NT$12.30
Change (1 day)
+0.82%
52-Week Range
NT$9.17 - NT$13.30
All Time High
NT$19.80
Categories
Companies in Taiwan Electrical Equipment & Parts
About

Ledtech Electronics Corp. research, develops, manufactures, processes, and trades in LED displays in Asia, the United Stated, Europe, and internationally. The company offers standard lamps; single, dual, three, and four-digit displays, as well as alphanumeric, and dot matrix displays; chip LED products; SMD products; chip on board and side view backlight; high power products; holder type products… Read more