Darfon Electronics Corp (8163) - Net Assets
Based on the latest financial reports, Darfon Electronics Corp (8163) has net assets worth NT$12.82 Billion TWD (≈ $404.00 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$33.35 Billion ≈ $1.05 Billion USD) and total liabilities (NT$20.53 Billion ≈ $646.67 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 Darfon Electronics Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$12.82 Billion |
| % of Total Assets | 38.45% |
| Annual Growth Rate | 2.82% |
| 5-Year Change | 36.72% |
| 10-Year Change | 56.82% |
| Growth Volatility | 8.57 |
Darfon Electronics Corp - Net Assets Trend (2008–2024)
This chart illustrates how Darfon Electronics Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Darfon Electronics Corp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Darfon Electronics Corp (2008–2024)
The table below shows the annual net assets of Darfon Electronics Corp from 2008 to 2024. For live valuation and market cap data, see 8163 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$14.46 Billion ≈ $455.69 Million |
-8.28% |
| 2023-12-31 | NT$15.77 Billion ≈ $496.81 Million |
+13.42% |
| 2022-12-31 | NT$13.90 Billion ≈ $438.01 Million |
+9.29% |
| 2021-12-31 | NT$12.72 Billion ≈ $400.79 Million |
+20.25% |
| 2020-12-31 | NT$10.58 Billion ≈ $333.30 Million |
+8.31% |
| 2019-12-31 | NT$9.77 Billion ≈ $307.73 Million |
+3.44% |
| 2018-12-31 | NT$9.44 Billion ≈ $297.51 Million |
+17.77% |
| 2017-12-31 | NT$8.02 Billion ≈ $252.62 Million |
-4.00% |
| 2016-12-31 | NT$8.35 Billion ≈ $263.14 Million |
-9.44% |
| 2015-12-31 | NT$9.22 Billion ≈ $290.58 Million |
+2.48% |
| 2014-12-31 | NT$9.00 Billion ≈ $283.56 Million |
+3.67% |
| 2013-12-31 | NT$8.68 Billion ≈ $273.52 Million |
-0.61% |
| 2012-12-31 | NT$8.73 Billion ≈ $275.20 Million |
-1.36% |
| 2011-12-31 | NT$8.85 Billion ≈ $278.98 Million |
-0.15% |
| 2010-12-31 | NT$8.87 Billion ≈ $279.41 Million |
-7.46% |
| 2009-12-31 | NT$9.58 Billion ≈ $301.94 Million |
+3.35% |
| 2008-12-31 | NT$9.27 Billion ≈ $292.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Darfon 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 138.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$2.46 Billion | 21.57% |
| Common Stock | NT$2.80 Billion | 24.53% |
| Other Comprehensive Income | NT$2.11 Billion | 18.51% |
| Other Components | NT$4.04 Billion | 35.39% |
| Total Equity | NT$11.42 Billion | 100.00% |
Darfon Electronics Corp Competitors by Market Cap
The table below lists competitors of Darfon Electronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
National Bankshares Inc
NASDAQ:NKSH
|
$231.81 Million |
|
CS Disco LLC
NYSE:LAW
|
$231.84 Million |
|
Servotech Power Systems Limited
NSE:SERVOTECH
|
$231.86 Million |
|
Ammo Inc
NASDAQ:POWW
|
$231.88 Million |
|
Wismilak Inti Makmur Tbk
JK:WIIM
|
$231.71 Million |
|
CJ Freshway Corporation
KQ:051500
|
$231.70 Million |
|
Shanghai Hongda New Material Co Ltd
SHE:002211
|
$231.62 Million |
|
JEIO CO LTD (PROPOSED)
KQ:418550
|
$231.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Darfon Electronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,204,605,000 to 11,416,735,000, a change of -787,870,000 (-6.5%).
- Net income of 618,567,000 contributed positively to equity growth.
- Dividend payments of 1,116,167,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,276,731,000.
- Other factors decreased equity by 1,203,103,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$618.57 Million | +5.42% |
| Dividends Paid | NT$1.12 Billion | -9.78% |
| Other Comprehensive Income | NT$1.28 Billion | +11.18% |
| Other Changes | NT$-1.20 Billion | -10.54% |
| Total Change | NT$- | -6.46% |
Book Value vs Market Value Analysis
This analysis compares Darfon 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: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.94x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$28.39 | NT$26.65 | x |
| 2010-12-31 | NT$26.27 | NT$26.65 | x |
| 2011-12-31 | NT$27.32 | NT$26.65 | x |
| 2012-12-31 | NT$27.08 | NT$26.65 | x |
| 2013-12-31 | NT$26.99 | NT$26.65 | x |
| 2014-12-31 | NT$28.01 | NT$26.65 | x |
| 2015-12-31 | NT$29.03 | NT$26.65 | x |
| 2016-12-31 | NT$27.75 | NT$26.65 | x |
| 2017-12-31 | NT$28.23 | NT$26.65 | x |
| 2018-12-31 | NT$31.23 | NT$26.65 | x |
| 2019-12-31 | NT$30.65 | NT$26.65 | x |
| 2020-12-31 | NT$32.42 | NT$26.65 | x |
| 2021-12-31 | NT$34.74 | NT$26.65 | x |
| 2022-12-31 | NT$36.99 | NT$26.65 | x |
| 2023-12-31 | NT$42.96 | NT$26.65 | x |
| 2024-12-31 | NT$40.58 | NT$26.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Darfon Electronics Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.85%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 3.00x
- Recent ROE (5.42%) is below the historical average (7.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 8.18% | 2.77% | 1.13x | 2.61x | NT$-167.62 Million |
| 2009 | 9.09% | 2.95% | 1.33x | 2.32x | NT$-87.20 Million |
| 2010 | 6.84% | 2.03% | 1.45x | 2.31x | NT$-279.17 Million |
| 2011 | 1.83% | 0.59% | 1.33x | 2.33x | NT$-719.93 Million |
| 2012 | 2.58% | 0.85% | 1.31x | 2.30x | NT$-644.95 Million |
| 2013 | 0.03% | 0.01% | 1.29x | 2.11x | NT$-861.98 Million |
| 2014 | 0.87% | 0.36% | 1.19x | 2.03x | NT$-818.21 Million |
| 2015 | 6.80% | 3.18% | 1.14x | 1.88x | NT$-293.87 Million |
| 2016 | 5.63% | 2.51% | 1.10x | 2.04x | NT$-363.87 Million |
| 2017 | 7.27% | 3.29% | 1.15x | 1.92x | NT$-218.08 Million |
| 2018 | 17.06% | 7.56% | 1.05x | 2.14x | NT$629.21 Million |
| 2019 | 10.37% | 4.70% | 0.92x | 2.41x | NT$31.90 Million |
| 2020 | 9.83% | 4.04% | 0.92x | 2.64x | NT$-15.32 Million |
| 2021 | 11.65% | 4.09% | 0.84x | 3.37x | NT$162.31 Million |
| 2022 | 11.06% | 3.94% | 0.88x | 3.20x | NT$111.41 Million |
| 2023 | 13.53% | 6.40% | 0.74x | 2.86x | NT$430.41 Million |
| 2024 | 5.42% | 2.85% | 0.63x | 3.00x | NT$-523.11 Million |
Industry Comparison
This section compares Darfon Electronics Corp'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 |
|---|---|---|---|---|
| Darfon Electronics Corp (8163) | NT$12.82 Billion | 8.18% | 1.60x | $231.74 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 Darfon Electronics Corp
Darfon Electronics Corp. manufactures and markets IT peripherals, passive components, and green energy solutions. The company offers computer devices, such as notebook module, wireless mouse, and wireless keyboard; headset, tablet bluetooth keyboard, and universal bluetooth keyboard; as well as gaming products, including keyboard, gaming mice, and gaming headsets. It also provides MLCC, inductors… Read more