Radiant Opto-Electronics Corp
Radiant Opto-Electronics Corporation engages in the manufacture and sale of backlight modules and light guide plates for liquid crystal display panels (LCD) in Asia, Europe, and the United States. The company's products are used in various applications, including smartphones, DSC, video phones, tablets, notebooks, dashboards, pocket TVs, DVD players, car navigations, monitors, all in one PCs, and… Read more
Radiant Opto-Electronics Corp (6176) - Net Assets
Latest net assets as of September 2025: NT$33.59 Billion TWD
Based on the latest financial reports, Radiant Opto-Electronics Corp (6176) has net assets worth NT$33.59 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$66.70 Billion) and total liabilities (NT$33.10 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$33.59 Billion |
| % of Total Assets | 50.37% |
| Annual Growth Rate | 12.82% |
| 5-Year Change | 28.74% |
| 10-Year Change | 55.52% |
| Growth Volatility | 19.68 |
Radiant Opto-Electronics Corp - Net Assets Trend (2002–2024)
This chart illustrates how Radiant Opto-Electronics Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Radiant Opto-Electronics Corp (2002–2024)
The table below shows the annual net assets of Radiant Opto-Electronics Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$37.80 Billion | +10.09% |
| 2023-12-31 | NT$34.34 Billion | +1.12% |
| 2022-12-31 | NT$33.96 Billion | +10.51% |
| 2021-12-31 | NT$30.73 Billion | +4.65% |
| 2020-12-31 | NT$29.36 Billion | +7.05% |
| 2019-12-31 | NT$27.43 Billion | +6.35% |
| 2018-12-31 | NT$25.79 Billion | +10.53% |
| 2017-12-31 | NT$23.33 Billion | +1.57% |
| 2016-12-31 | NT$22.97 Billion | -5.48% |
| 2015-12-31 | NT$24.31 Billion | -0.59% |
| 2014-12-31 | NT$24.45 Billion | +9.50% |
| 2013-12-31 | NT$22.33 Billion | +7.31% |
| 2012-12-31 | NT$20.81 Billion | +9.69% |
| 2011-12-31 | NT$18.97 Billion | +29.49% |
| 2010-12-31 | NT$14.65 Billion | +5.08% |
| 2009-12-31 | NT$13.94 Billion | +2.88% |
| 2008-12-31 | NT$13.55 Billion | +3.53% |
| 2007-12-31 | NT$13.09 Billion | +10.24% |
| 2006-12-31 | NT$11.87 Billion | +10.97% |
| 2005-12-31 | NT$10.70 Billion | +66.77% |
| 2004-12-31 | NT$6.41 Billion | +70.30% |
| 2003-12-31 | NT$3.77 Billion | +41.53% |
| 2002-12-31 | NT$2.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Radiant Opto-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 grown by 2395.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$19.97 Billion | 52.84% |
| Common Stock | NT$4.65 Billion | 12.30% |
| Other Comprehensive Income | NT$-1.82 Billion | -4.81% |
| Other Components | NT$14.99 Billion | 39.66% |
| Total Equity | NT$37.80 Billion | 100.00% |
Radiant Opto-Electronics Corp Competitors by Market Cap
The table below lists competitors of Radiant Opto-Electronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
4imprint Group plc
PINK:FRRFF
|
$1.28 Billion |
|
LINDT & SPRUENGLI N - Dusseldorf Stock Exchang
DU:LSPN
|
$1.28 Billion |
|
Spartan Resources Ltd
AU:SPR
|
$1.28 Billion |
|
Kitron ASA
OL:KIT
|
$1.28 Billion |
|
Maha Properti Indonesia Tbk PT
JK:MPRO
|
$1.28 Billion |
|
Simply Good Foods Co
NASDAQ:SMPL
|
$1.28 Billion |
|
Asker Healthcare
ST:ASKER
|
$1.28 Billion |
|
Indah Kiat Pulp & Paper Tbk
JK:INKP
|
$1.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Radiant Opto-Electronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,336,953,000 to 37,801,497,000, a change of 3,464,544,000 (10.1%).
- Net income of 7,266,859,000 contributed positively to equity growth.
- Dividend payments of 4,650,273,000 reduced retained earnings.
- Other comprehensive income decreased equity by 10,822,769,000.
- Other factors increased equity by 11,670,727,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$7.27 Billion | +19.22% |
| Dividends Paid | NT$4.65 Billion | -12.3% |
| Other Comprehensive Income | NT$-10.82 Billion | -28.63% |
| Other Changes | NT$11.67 Billion | +30.87% |
| Total Change | NT$- | 10.09% |
Book Value vs Market Value Analysis
This analysis compares Radiant Opto-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 decreased from 3.84x to 1.21x 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$25.26 | NT$97.00 | x |
| 2007-12-31 | NT$28.79 | NT$97.00 | x |
| 2008-12-31 | NT$28.17 | NT$97.00 | x |
| 2009-12-31 | NT$30.10 | NT$97.00 | x |
| 2010-12-31 | NT$31.92 | NT$97.00 | x |
| 2011-12-31 | NT$40.54 | NT$97.00 | x |
| 2012-12-31 | NT$44.05 | NT$97.00 | x |
| 2013-12-31 | NT$44.80 | NT$97.00 | x |
| 2014-12-31 | NT$47.26 | NT$97.00 | x |
| 2015-12-31 | NT$49.21 | NT$97.00 | x |
| 2016-12-31 | NT$45.04 | NT$97.00 | x |
| 2017-12-31 | NT$49.42 | NT$97.00 | x |
| 2018-12-31 | NT$54.39 | NT$97.00 | x |
| 2019-12-31 | NT$58.17 | NT$97.00 | x |
| 2020-12-31 | NT$62.24 | NT$97.00 | x |
| 2021-12-31 | NT$65.17 | NT$97.00 | x |
| 2022-12-31 | NT$71.53 | NT$97.00 | x |
| 2023-12-31 | NT$72.93 | NT$97.00 | x |
| 2024-12-31 | NT$80.43 | NT$97.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Radiant Opto-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): 19.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.07%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.70x
- Recent ROE (19.22%) is above the historical average (18.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 29.38% | 14.72% | 1.33x | 1.50x | NT$515.87 Million |
| 2003 | 20.38% | 9.74% | 1.05x | 1.98x | NT$390.80 Million |
| 2004 | 31.93% | 14.81% | 1.10x | 1.95x | NT$1.41 Billion |
| 2005 | 22.32% | 10.71% | 1.21x | 1.72x | NT$1.32 Billion |
| 2006 | 14.78% | 7.03% | 1.07x | 1.97x | NT$553.86 Million |
| 2007 | 15.06% | 6.13% | 1.14x | 2.16x | NT$648.84 Million |
| 2008 | 9.42% | 3.69% | 1.39x | 1.83x | NT$-78.01 Million |
| 2009 | 9.90% | 3.71% | 1.35x | 1.97x | NT$-14.25 Million |
| 2010 | 17.75% | 5.38% | 1.55x | 2.12x | NT$1.14 Billion |
| 2011 | 23.13% | 6.92% | 1.33x | 2.51x | NT$2.49 Billion |
| 2012 | 26.15% | 7.14% | 1.63x | 2.24x | NT$3.36 Billion |
| 2013 | 21.10% | 7.41% | 1.21x | 2.35x | NT$2.48 Billion |
| 2014 | 15.24% | 7.25% | 0.93x | 2.26x | NT$1.28 Billion |
| 2015 | 12.64% | 5.93% | 0.96x | 2.22x | NT$642.72 Million |
| 2016 | 13.79% | 6.85% | 0.93x | 2.15x | NT$870.93 Million |
| 2017 | 13.09% | 5.62% | 1.06x | 2.20x | NT$721.55 Million |
| 2018 | 19.53% | 9.34% | 0.90x | 2.33x | NT$2.46 Billion |
| 2019 | 21.40% | 10.46% | 1.11x | 1.84x | NT$3.13 Billion |
| 2020 | 17.80% | 9.32% | 1.00x | 1.90x | NT$2.29 Billion |
| 2021 | 16.89% | 9.12% | 0.85x | 2.19x | NT$2.12 Billion |
| 2022 | 19.81% | 11.46% | 0.89x | 1.94x | NT$3.33 Billion |
| 2023 | 15.37% | 11.97% | 0.72x | 1.77x | NT$1.84 Billion |
| 2024 | 19.22% | 14.07% | 0.80x | 1.70x | NT$3.49 Billion |
Industry Comparison
This section compares Radiant Opto-Electronics Corp's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $179,166,753,100
- Average return on equity (ROE) among peers: 8.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radiant Opto-Electronics Corp (6176) | NT$33.59 Billion | 29.38% | 0.99x | $1.28 Billion |
| Syncmold Enterprise Corp (1582) | $692.08 Million | 47.67% | 1.23x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $7.52 Billion | 6.47% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $242.74 Billion | 13.76% | 0.89x | $76.17 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.18 Billion | -5.23% | 1.12x | $6.31 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.64 Billion | 6.76% | 0.86x | $402.95 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $78.09 Billion |
| Pan-International Industrial Corp (2328) | $11.44 Billion | 3.51% | 0.70x | $546.41 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.35 Billion | 0.15% | 0.41x | $405.66 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.51 Billion | 2.62% | 0.90x | $1.34 Billion |