Lumax International Corp Ltd
Lumax International Corp., Ltd., together with its subsidiaries, trades in electronic components and process control instruments in Taiwan, China, and internationally. It operates through Process Control Instrument, Process Control System, Telecommunication System, Electronics Component, and Other Process Control segments. The company offers process automation consultancy during plant buildup; ha… Read more
Lumax International Corp Ltd (6192) - Net Assets
Latest net assets as of September 2025: NT$7.21 Billion TWD
Based on the latest financial reports, Lumax International Corp Ltd (6192) has net assets worth NT$7.21 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$11.68 Billion) and total liabilities (NT$4.47 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$7.21 Billion |
| % of Total Assets | 61.76% |
| Annual Growth Rate | 7.93% |
| 5-Year Change | 35.6% |
| 10-Year Change | 67.98% |
| Growth Volatility | 4.54 |
Lumax International Corp Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Lumax International Corp 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 Lumax International Corp Ltd (2002–2024)
The table below shows the annual net assets of Lumax International Corp Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$7.08 Billion | +9.53% |
| 2023-12-31 | NT$6.46 Billion | +6.25% |
| 2022-12-31 | NT$6.08 Billion | +6.83% |
| 2021-12-31 | NT$5.70 Billion | +9.08% |
| 2020-12-31 | NT$5.22 Billion | +8.32% |
| 2019-12-31 | NT$4.82 Billion | +6.70% |
| 2018-12-31 | NT$4.52 Billion | +5.52% |
| 2017-12-31 | NT$4.28 Billion | +0.52% |
| 2016-12-31 | NT$4.26 Billion | +1.04% |
| 2015-12-31 | NT$4.22 Billion | +5.78% |
| 2014-12-31 | NT$3.99 Billion | +10.04% |
| 2013-12-31 | NT$3.62 Billion | +8.28% |
| 2012-12-31 | NT$3.34 Billion | +9.52% |
| 2011-12-31 | NT$3.05 Billion | +14.38% |
| 2010-12-31 | NT$2.67 Billion | +7.34% |
| 2009-12-31 | NT$2.49 Billion | +16.06% |
| 2008-12-31 | NT$2.14 Billion | +8.67% |
| 2007-12-31 | NT$1.97 Billion | +11.42% |
| 2006-12-31 | NT$1.77 Billion | +8.73% |
| 2005-12-31 | NT$1.63 Billion | +4.61% |
| 2004-12-31 | NT$1.56 Billion | -0.82% |
| 2003-12-31 | NT$1.57 Billion | +18.67% |
| 2002-12-31 | NT$1.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lumax International Corp 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 652.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.65 Billion | 65.62% |
| Common Stock | NT$961.56 Million | 13.58% |
| Other Comprehensive Income | NT$1.36 Billion | 19.23% |
| Other Components | NT$110.89 Million | 1.57% |
| Total Equity | NT$7.08 Billion | 100.00% |
Lumax International Corp Ltd Competitors by Market Cap
The table below lists competitors of Lumax International Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shijiazhuang Kelin Elec Co
SHG:603050
|
$250.69 Million |
|
Jamna Auto Industries Limited
NSE:JAMNAAUTO
|
$250.73 Million |
|
SK Discovery Co Ltd
KO:006125
|
$250.89 Million |
|
Yunnan Tourism Co Ltd
SHE:002059
|
$250.95 Million |
|
LENZ Therapeutics Inc
NASDAQ:LENZ
|
$250.65 Million |
|
Supermax Corporation Berhad
PINK:SPMXF
|
$250.64 Million |
|
XP Power Limited
PINK:XPPLF
|
$250.56 Million |
|
PONCE FIN. GROUP DL -01
F:73V0
|
$250.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lumax International Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,463,917,000 to 7,080,741,000, a change of 616,824,000 (9.5%).
- Net income of 1,007,671,000 contributed positively to equity growth.
- Dividend payments of 480,779,000 reduced retained earnings.
- Other comprehensive income increased equity by 177,146,999.
- Other factors decreased equity by 87,214,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.01 Billion | +14.23% |
| Dividends Paid | NT$480.78 Million | -6.79% |
| Other Comprehensive Income | NT$177.15 Million | +2.5% |
| Other Changes | NT$-87.21 Million | -1.23% |
| Total Change | NT$- | 9.54% |
Book Value vs Market Value Analysis
This analysis compares Lumax International Corp 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: 1.65x
- 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 8.18x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$14.72 | NT$120.50 | x |
| 2005-12-31 | NT$15.40 | NT$120.50 | x |
| 2006-12-31 | NT$16.75 | NT$120.50 | x |
| 2007-12-31 | NT$20.53 | NT$120.50 | x |
| 2008-12-31 | NT$20.01 | NT$120.50 | x |
| 2009-12-31 | NT$23.08 | NT$120.50 | x |
| 2010-12-31 | NT$24.65 | NT$120.50 | x |
| 2011-12-31 | NT$28.23 | NT$120.50 | x |
| 2012-12-31 | NT$30.88 | NT$120.50 | x |
| 2013-12-31 | NT$33.56 | NT$120.50 | x |
| 2014-12-31 | NT$36.92 | NT$120.50 | x |
| 2015-12-31 | NT$38.91 | NT$120.50 | x |
| 2016-12-31 | NT$39.38 | NT$120.50 | x |
| 2017-12-31 | NT$41.53 | NT$120.50 | x |
| 2018-12-31 | NT$46.48 | NT$120.50 | x |
| 2019-12-31 | NT$49.70 | NT$120.50 | x |
| 2020-12-31 | NT$53.63 | NT$120.50 | x |
| 2021-12-31 | NT$58.50 | NT$120.50 | x |
| 2022-12-31 | NT$58.35 | NT$120.50 | x |
| 2023-12-31 | NT$66.34 | NT$120.50 | x |
| 2024-12-31 | NT$72.87 | NT$120.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lumax International Corp 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): 14.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.87%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.62x
- Recent ROE (14.23%) is below the historical average (16.42%), 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 | 16.71% | 7.15% | 1.33x | 1.75x | NT$88.69 Million |
| 2003 | 13.87% | 5.96% | 1.20x | 1.94x | NT$60.72 Million |
| 2004 | 13.21% | 4.56% | 1.34x | 2.16x | NT$49.98 Million |
| 2005 | 13.99% | 4.42% | 1.52x | 2.09x | NT$64.89 Million |
| 2006 | 19.94% | 6.52% | 1.63x | 1.88x | NT$176.03 Million |
| 2007 | 24.21% | 9.18% | 1.44x | 1.83x | NT$280.15 Million |
| 2008 | 22.92% | 8.75% | 1.42x | 1.84x | NT$276.83 Million |
| 2009 | 18.63% | 7.97% | 1.35x | 1.73x | NT$214.75 Million |
| 2010 | 20.78% | 8.75% | 1.32x | 1.79x | NT$287.73 Million |
| 2011 | 20.66% | 9.14% | 1.28x | 1.77x | NT$325.91 Million |
| 2012 | 20.14% | 9.98% | 1.14x | 1.76x | NT$339.10 Million |
| 2013 | 17.65% | 10.24% | 1.02x | 1.70x | NT$276.99 Million |
| 2014 | 15.91% | 10.72% | 0.94x | 1.58x | NT$235.69 Million |
| 2015 | 13.68% | 10.82% | 0.80x | 1.58x | NT$155.19 Million |
| 2016 | 12.11% | 10.71% | 0.75x | 1.51x | NT$89.86 Million |
| 2017 | 11.83% | 10.94% | 0.69x | 1.56x | NT$78.51 Million |
| 2018 | 16.43% | 12.96% | 0.77x | 1.65x | NT$290.40 Million |
| 2019 | 14.89% | 11.47% | 0.80x | 1.62x | NT$235.57 Million |
| 2020 | 14.25% | 12.54% | 0.74x | 1.54x | NT$221.95 Million |
| 2021 | 14.94% | 13.57% | 0.69x | 1.60x | NT$281.29 Million |
| 2022 | 14.64% | 13.60% | 0.66x | 1.63x | NT$282.06 Million |
| 2023 | 12.16% | 11.68% | 0.62x | 1.69x | NT$139.65 Million |
| 2024 | 14.23% | 12.87% | 0.68x | 1.62x | NT$299.60 Million |
Industry Comparison
This section compares Lumax International Corp Ltd's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $825,725,667
- Average return on equity (ROE) among peers: -7.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lumax International Corp Ltd (6192) | NT$7.21 Billion | 16.71% | 0.62x | $250.66 Million |
| Howteh Technology Co Ltd (3114) | $800.39 Million | 2.72% | 0.89x | $29.24 Million |
| Ace Pillar Co Ltd (8374) | $1.59 Billion | 7.14% | 0.98x | $73.62 Million |
| BH Global Corporation Limited (911608) | $83.34 Million | -32.08% | 1.04x | $3.57 Million |