Para Light Electronics Co Ltd
Para Light Electronics Co., Ltd. provides lighting solutions and opto-electronic components in Asia, the United States, Europe, and internationally. It offers visible, UV, IR, SMD, PLCC, display, and lamp LEDs; optical sensors; power semiconductors; and circuit board indicators, as well as UV sensors, LED back lights, integrated light modules, commercial and automotive lightings, and other lighti… Read more
Para Light Electronics Co Ltd (6226) - Net Assets
Latest net assets as of September 2025: NT$1.06 Billion TWD
Based on the latest financial reports, Para Light Electronics Co Ltd (6226) has net assets worth NT$1.06 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$1.92 Billion) and total liabilities (NT$858.11 Million). 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$1.06 Billion |
| % of Total Assets | 55.35% |
| Annual Growth Rate | 5.14% |
| 5-Year Change | -2.84% |
| 10-Year Change | 12.25% |
| Growth Volatility | 14.92 |
Para Light Electronics Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Para Light Electronics Co 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 Para Light Electronics Co Ltd (2002–2024)
The table below shows the annual net assets of Para Light Electronics Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.24 Billion | +1.45% |
| 2023-12-31 | NT$1.22 Billion | -6.15% |
| 2022-12-31 | NT$1.30 Billion | +0.46% |
| 2021-12-31 | NT$1.29 Billion | +1.57% |
| 2020-12-31 | NT$1.27 Billion | -5.56% |
| 2019-12-31 | NT$1.35 Billion | +6.42% |
| 2018-12-31 | NT$1.27 Billion | -0.66% |
| 2017-12-31 | NT$1.27 Billion | +19.14% |
| 2016-12-31 | NT$1.07 Billion | -2.86% |
| 2015-12-31 | NT$1.10 Billion | -7.07% |
| 2014-12-31 | NT$1.19 Billion | +33.02% |
| 2013-12-31 | NT$891.14 Million | +11.72% |
| 2012-12-31 | NT$797.65 Million | -21.43% |
| 2011-12-31 | NT$1.02 Billion | -4.27% |
| 2010-12-31 | NT$1.06 Billion | +3.50% |
| 2009-12-31 | NT$1.02 Billion | +6.78% |
| 2008-12-31 | NT$959.56 Million | +9.49% |
| 2007-12-31 | NT$876.40 Million | +19.71% |
| 2006-12-31 | NT$732.12 Million | +53.01% |
| 2005-12-31 | NT$478.47 Million | +8.92% |
| 2004-12-31 | NT$439.30 Million | +6.75% |
| 2003-12-31 | NT$411.52 Million | +0.21% |
| 2002-12-31 | NT$410.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Para Light Electronics Co 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 decreased by 95.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.71 Million | 0.24% |
| Common Stock | NT$1.17 Billion | 103.66% |
| Other Comprehensive Income | NT$-64.77 Million | -5.76% |
| Other Components | NT$20.90 Million | 1.86% |
| Total Equity | NT$1.13 Billion | 100.00% |
Para Light Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Para Light Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TY Holdings Co Ltd
KO:363280
|
$30.56 Million |
|
Rompetrol Well
RO:PTR
|
$30.56 Million |
|
LAVA Therapeutics NV
NASDAQ:LVTX
|
$30.56 Million |
|
Amot Investments Ltd
TA:AMOT
|
$30.57 Million |
|
Very Good Tour Co. Ltd
KQ:094850
|
$30.55 Million |
|
PHN
F:2PN
|
$30.54 Million |
|
Malin Corporation plc
IR:MLC
|
$30.54 Million |
|
Chung Fu Tex-International Corp
TW:1435
|
$30.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Para Light Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,109,238,000 to 1,125,036,000, a change of 15,798,000 (1.4%).
- Net loss of 51,139,000 reduced equity.
- Other comprehensive income decreased equity by 83,377,999.
- Other factors increased equity by 150,314,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-51.14 Million | -4.55% |
| Other Comprehensive Income | NT$-83.38 Million | -7.41% |
| Other Changes | NT$150.31 Million | +13.36% |
| Total Change | NT$- | 1.42% |
Book Value vs Market Value Analysis
This analysis compares Para Light Electronics Co 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: 1.26x
- 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 0.83x to 1.26x 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$14.59 | NT$12.15 | x |
| 2010-12-31 | NT$14.15 | NT$12.15 | x |
| 2011-12-31 | NT$12.71 | NT$12.15 | x |
| 2012-12-31 | NT$10.29 | NT$12.15 | x |
| 2013-12-31 | NT$11.42 | NT$12.15 | x |
| 2014-12-31 | NT$12.03 | NT$12.15 | x |
| 2015-12-31 | NT$10.82 | NT$12.15 | x |
| 2016-12-31 | NT$8.75 | NT$12.15 | x |
| 2017-12-31 | NT$10.62 | NT$12.15 | x |
| 2018-12-31 | NT$10.24 | NT$12.15 | x |
| 2019-12-31 | NT$10.93 | NT$12.15 | x |
| 2020-12-31 | NT$10.35 | NT$12.15 | x |
| 2021-12-31 | NT$10.51 | NT$12.15 | x |
| 2022-12-31 | NT$10.30 | NT$12.15 | x |
| 2023-12-31 | NT$9.60 | NT$12.15 | x |
| 2024-12-31 | NT$9.68 | NT$12.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Para Light Electronics Co 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): -4.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.80%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.08x
- Recent ROE (-4.55%) is below the historical average (0.55%), 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 | 12.24% | 7.38% | 0.84x | 1.99x | NT$9.19 Million |
| 2003 | 3.85% | 2.16% | 0.67x | 2.67x | NT$-25.30 Million |
| 2004 | 1.00% | 0.53% | 0.75x | 2.49x | NT$-39.53 Million |
| 2005 | 4.87% | 2.83% | 0.75x | 2.29x | NT$-24.52 Million |
| 2006 | 6.67% | 5.03% | 0.75x | 1.76x | NT$-24.36 Million |
| 2007 | 8.60% | 7.00% | 0.76x | 1.62x | NT$-12.25 Million |
| 2008 | 4.49% | 3.55% | 0.70x | 1.80x | NT$-50.70 Million |
| 2009 | -1.67% | -1.75% | 0.53x | 1.79x | NT$-111.80 Million |
| 2010 | 2.23% | 1.67% | 0.61x | 2.20x | NT$-77.59 Million |
| 2011 | -9.90% | -8.88% | 0.43x | 2.60x | NT$-192.19 Million |
| 2012 | -21.58% | -15.20% | 0.46x | 3.08x | NT$-245.77 Million |
| 2013 | 2.83% | 1.45% | 0.83x | 2.34x | NT$-59.47 Million |
| 2014 | 2.66% | 2.83% | 0.47x | 2.00x | NT$-80.76 Million |
| 2015 | -6.57% | -6.11% | 0.46x | 2.32x | NT$-168.84 Million |
| 2016 | 4.96% | 5.07% | 0.42x | 2.33x | NT$-50.27 Million |
| 2017 | 1.46% | 1.63% | 0.41x | 2.17x | NT$-102.75 Million |
| 2018 | 0.69% | 0.56% | 0.59x | 2.09x | NT$-109.29 Million |
| 2019 | 11.87% | 14.41% | 0.47x | 1.75x | NT$23.28 Million |
| 2020 | -4.52% | -6.43% | 0.31x | 2.26x | NT$-167.37 Million |
| 2021 | -0.65% | -0.82% | 0.34x | 2.32x | NT$-126.47 Million |
| 2022 | 0.31% | 0.39% | 0.36x | 2.17x | NT$-115.26 Million |
| 2023 | -6.75% | -9.85% | 0.32x | 2.11x | NT$-185.75 Million |
| 2024 | -4.55% | -7.80% | 0.28x | 2.08x | NT$-163.64 Million |
Industry Comparison
This section compares Para Light Electronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Para Light Electronics Co Ltd (6226) | NT$1.06 Billion | 12.24% | 0.81x | $30.55 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |