Lang Inc (6165) - Net Assets
Based on the latest financial reports, Lang Inc (6165) has net assets worth NT$1.67 Billion TWD (≈ $52.55 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$3.28 Billion ≈ $103.29 Million USD) and total liabilities (NT$1.61 Billion ≈ $50.75 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 financial resilience of Lang Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.67 Billion |
| % of Total Assets | 50.87% |
| Annual Growth Rate | 1.78% |
| 5-Year Change | 166.59% |
| 10-Year Change | 206.32% |
| Growth Volatility | 19.83 |
Lang Inc - Net Assets Trend (2002–2024)
This chart illustrates how Lang Inc's net assets have evolved over time, based on quarterly financial data. Also explore Lang Inc (6165) total assets for the complete picture of this company's asset base.
Annual Net Assets for Lang Inc (2002–2024)
The table below shows the annual net assets of Lang Inc from 2002 to 2024. For live valuation and market cap data, see 6165 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.45 Billion ≈ $45.67 Million |
+56.63% |
| 2023-12-31 | NT$925.51 Million ≈ $29.16 Million |
+30.38% |
| 2022-12-31 | NT$709.87 Million ≈ $22.36 Million |
+5.50% |
| 2021-12-31 | NT$672.88 Million ≈ $21.20 Million |
+23.74% |
| 2020-12-31 | NT$543.78 Million ≈ $17.13 Million |
+35.78% |
| 2019-12-31 | NT$400.47 Million ≈ $12.62 Million |
-6.73% |
| 2018-12-31 | NT$429.38 Million ≈ $13.53 Million |
-1.18% |
| 2017-12-31 | NT$434.51 Million ≈ $13.69 Million |
-2.24% |
| 2016-12-31 | NT$444.47 Million ≈ $14.00 Million |
-6.08% |
| 2015-12-31 | NT$473.24 Million ≈ $14.91 Million |
-3.56% |
| 2014-12-31 | NT$490.70 Million ≈ $15.46 Million |
-21.52% |
| 2013-12-31 | NT$625.22 Million ≈ $19.70 Million |
-9.18% |
| 2012-12-31 | NT$688.43 Million ≈ $21.69 Million |
-20.76% |
| 2011-12-31 | NT$868.85 Million ≈ $27.37 Million |
-14.00% |
| 2010-12-31 | NT$1.01 Billion ≈ $31.83 Million |
-13.21% |
| 2009-12-31 | NT$1.16 Billion ≈ $36.67 Million |
+20.99% |
| 2008-12-31 | NT$962.05 Million ≈ $30.31 Million |
-20.15% |
| 2007-12-31 | NT$1.20 Billion ≈ $37.96 Million |
-9.87% |
| 2006-12-31 | NT$1.34 Billion ≈ $42.11 Million |
-1.94% |
| 2005-12-31 | NT$1.36 Billion ≈ $42.95 Million |
+14.10% |
| 2004-12-31 | NT$1.19 Billion ≈ $37.64 Million |
+17.78% |
| 2003-12-31 | NT$1.01 Billion ≈ $31.96 Million |
+3.17% |
| 2002-12-31 | NT$983.22 Million ≈ $30.98 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lang 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 13.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$180.99 Million | 12.49% |
| Common Stock | NT$777.53 Million | 53.67% |
| Other Comprehensive Income | NT$3.89 Million | 0.27% |
| Other Components | NT$486.38 Million | 33.57% |
| Total Equity | NT$1.45 Billion | 100.00% |
Lang Inc Competitors by Market Cap
The table below lists competitors of Lang Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harmony Electronics
TWO:8182
|
$124.78 Million |
|
Supercomnet Technologies Bhd
KLSE:0001
|
$124.81 Million |
|
Grupo Sports World S.A.B. de C.V
MX:SPORTS
|
$124.82 Million |
|
Nobia AB
ST:NOBI
|
$124.86 Million |
|
King Chou Marine Technology Co Ltd
TWO:4417
|
$124.74 Million |
|
Informa PLC
LSE:INF
|
$124.74 Million |
|
Yieh Hsing Enterprise Co Ltd
TW:2007
|
$124.72 Million |
|
Bassett Furniture Industries
NASDAQ:BSET
|
$124.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lang Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 925,243,000 to 1,448,790,000, a change of 523,547,000 (56.6%).
- Net income of 79,400,000 contributed positively to equity growth.
- Dividend payments of 31,101,000 reduced retained earnings.
- New share issuances of 452,500,000 increased equity.
- Other comprehensive income increased equity by 3,425,000.
- Other factors increased equity by 19,323,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$79.40 Million | +5.48% |
| Dividends Paid | NT$31.10 Million | -2.15% |
| Share Issuances | NT$452.50 Million | +31.23% |
| Other Comprehensive Income | NT$3.42 Million | +0.24% |
| Other Changes | NT$19.32 Million | +1.33% |
| Total Change | NT$- | 56.58% |
Book Value vs Market Value Analysis
This analysis compares Lang 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: 2.86x
- 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 2.32x to 2.86x 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$22.85 | NT$53.10 | x |
| 2010-12-31 | NT$19.91 | NT$53.10 | x |
| 2011-12-31 | NT$17.49 | NT$53.10 | x |
| 2012-12-31 | NT$13.86 | NT$53.10 | x |
| 2013-12-31 | NT$12.58 | NT$53.10 | x |
| 2014-12-31 | NT$9.88 | NT$53.10 | x |
| 2015-12-31 | NT$9.53 | NT$53.10 | x |
| 2016-12-31 | NT$8.95 | NT$53.10 | x |
| 2017-12-31 | NT$8.75 | NT$53.10 | x |
| 2018-12-31 | NT$8.64 | NT$53.10 | x |
| 2019-12-31 | NT$8.06 | NT$53.10 | x |
| 2020-12-31 | NT$8.86 | NT$53.10 | x |
| 2021-12-31 | NT$10.76 | NT$53.10 | x |
| 2022-12-31 | NT$11.29 | NT$53.10 | x |
| 2023-12-31 | NT$15.84 | NT$53.10 | x |
| 2024-12-31 | NT$18.56 | NT$53.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lang 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): 5.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.79%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 1.63x
- Recent ROE (5.48%) is above the historical average (-0.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 12.42% | 10.31% | 0.71x | 1.69x | NT$23.81 Million |
| 2003 | 12.90% | 11.53% | 0.67x | 1.68x | NT$29.46 Million |
| 2004 | 5.52% | 5.61% | 0.76x | 1.29x | NT$-53.53 Million |
| 2005 | 19.40% | 19.46% | 0.77x | 1.29x | NT$128.13 Million |
| 2006 | 2.25% | 2.35% | 0.79x | 1.21x | NT$-103.63 Million |
| 2009 | 12.44% | 12.04% | 0.79x | 1.31x | NT$28.37 Million |
| 2010 | -12.54% | -11.29% | 0.86x | 1.29x | NT$-227.71 Million |
| 2011 | -17.27% | -18.05% | 0.76x | 1.26x | NT$-236.92 Million |
| 2012 | -26.00% | -16.13% | 1.18x | 1.37x | NT$-247.86 Million |
| 2013 | -13.32% | -13.42% | 0.77x | 1.29x | NT$-145.78 Million |
| 2014 | -26.85% | -33.19% | 0.59x | 1.37x | NT$-180.84 Million |
| 2015 | -5.35% | -17.07% | 0.30x | 1.06x | NT$-72.63 Million |
| 2016 | -5.76% | -24.34% | 0.23x | 1.04x | NT$-70.03 Million |
| 2017 | -1.81% | -30.97% | 0.06x | 1.04x | NT$-51.30 Million |
| 2018 | -1.06% | -64.31% | 0.02x | 1.05x | NT$-47.51 Million |
| 2019 | -6.79% | -1200.88% | 0.01x | 1.06x | NT$-67.25 Million |
| 2020 | 11.06% | 7.09% | 0.70x | 2.23x | NT$5.75 Million |
| 2021 | 20.56% | 5.11% | 1.76x | 2.29x | NT$71.24 Million |
| 2022 | 4.68% | 1.10% | 1.71x | 2.49x | NT$-37.69 Million |
| 2023 | 1.65% | 0.56% | 1.33x | 2.21x | NT$-77.30 Million |
| 2024 | 5.48% | 2.79% | 1.20x | 1.63x | NT$-65.48 Million |
Industry Comparison
This section compares Lang Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $180,200,345,300
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lang Inc (6165) | NT$1.67 Billion | 12.42% | 0.97x | $124.78 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $6.49 Billion | 0.00% | 1.01x | $1.78 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $27.35 Billion | 2.10% | 0.67x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.49 Billion | 6.90% | 0.48x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.10 Billion | 9.66% | 0.65x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.90 Billion | 3.31% | 0.21x | $642.50 Million |
About Lang Inc
Lang Inc. manufactures and sells electronic products, communication connectors, and cable components Taiwan and China. The company operates through Live Streaming Platform and Electronics Business segments. It offers sockets, connecting wires, and remote control products. The company also provides connectors, such as power cords, signal cables, and computer cables; e-commerce services; and medica… Read more