PixArt Imaging Net Assets
PixArt Imaging net assets. Based on the latest financial reports, PixArt Imaging (3227) has net assets worth NT$15.16 Billion TWD (≈ $477.70 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$19.58 Billion ≈ $616.75 Million USD) and total liabilities (NT$4.41 Billion ≈ $139.05 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. Also explore 3227 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$15.16 Billion |
| % of Total Assets | 77.45% |
| Annual Growth Rate | 8.8% |
| 5-Year Change | 22.44% |
| 10-Year Change | 139.92% |
| Growth Volatility | 9.9 |
Net Assets of PixArt Imaging (2015–2025)
Net assets of PixArt Imaging from 2015 to 2025. This chart illustrates how PixArt Imaging's net assets have evolved over time, based on quarterly financial data. See PixArt Imaging balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for PixArt Imaging (2015–2025)
The table below shows the annual net assets of PixArt Imaging from 2015 to 2025. For live market cap and overall valuation, see 3227 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$12.48 Billion ≈ $393.30 Million |
+8.00% |
| 2024-12-31 | NT$11.56 Billion ≈ $364.16 Million |
+16.72% |
| 2023-12-31 | NT$9.90 Billion ≈ $312.00 Million |
+8.43% |
| 2022-12-31 | NT$9.13 Billion ≈ $287.73 Million |
-10.43% |
| 2021-12-31 | NT$10.20 Billion ≈ $321.22 Million |
+14.08% |
| 2020-12-31 | NT$8.94 Billion ≈ $281.58 Million |
+27.49% |
| 2019-12-31 | NT$7.01 Billion ≈ $220.86 Million |
+11.61% |
| 2018-12-31 | NT$6.28 Billion ≈ $197.89 Million |
+6.89% |
| 2017-12-31 | NT$5.88 Billion ≈ $185.14 Million |
+12.94% |
| 2016-12-31 | NT$5.20 Billion ≈ $163.93 Million |
-3.15% |
| 2015-12-31 | NT$5.37 Billion ≈ $169.27 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to PixArt Imaging'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 64.5% over the analyzed period, indicating profitable operations and earnings retention.
PixArt Imaging Net Assets Breakdown (December 2025)
PixArt Imaging net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.59 Billion | 36.94% |
| Other Components | NT$7.84 Billion | 63.06% |
| Total Equity | NT$12.44 Billion | 100.00% |
PixArt Imaging Competitors by Market Cap
The table below lists competitors of PixArt Imaging ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Karoon Energy Ltd
AU:KAR
|
$837.68 Million |
|
Shanghai Urban Architecture Design Co. Ltd.
SHE:300983
|
$837.73 Million |
|
Barrett Business Services Inc
NASDAQ:BBSI
|
$838.69 Million |
|
Hangzhou Youngsun Intelligent
SHG:603901
|
$839.66 Million |
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
$837.54 Million |
|
LiaonWellhope Agri-Tech Co Ltd
SHG:603609
|
$837.37 Million |
|
Changchun Faway Automobile Components Co Ltd
SHG:600742
|
$837.24 Million |
|
TEAMVIEWER USP ADR 2/1 ON
F:TMV1
|
$836.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PixArt Imaging's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,492,283,000 to 12,437,634,000, a change of 945,351,000 (8.2%).
- Net income of 1,811,913,000 contributed positively to equity growth.
- Dividend payments of 1,492,355,000 reduced retained earnings.
- Other factors increased equity by 625,793,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$1.81 Billion | +14.57% |
| Dividends Paid | NT$1.49 Billion | -12.0% |
| Other Changes | NT$625.79 Million | +5.03% |
| Total Change | NT$- | 8.23% |
Book Value vs Market Value Analysis
This analysis compares PixArt Imaging'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: 2.11x
- 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 3.90x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$44.92 | NT$175.00 | x |
| 2018-12-31 | NT$46.32 | NT$175.00 | x |
| 2019-12-31 | NT$50.71 | NT$175.00 | x |
| 2020-12-31 | NT$62.72 | NT$175.00 | x |
| 2021-12-31 | NT$70.42 | NT$175.00 | x |
| 2022-12-31 | NT$62.85 | NT$175.00 | x |
| 2023-12-31 | NT$67.55 | NT$175.00 | x |
| 2024-12-31 | NT$76.99 | NT$175.00 | x |
| 2025-12-31 | NT$82.96 | NT$175.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PixArt Imaging utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.85%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.25x
- Recent ROE (14.57%) is above the historical average (11.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.77% | 7.14% | 0.67x | 1.21x | NT$-226.36 Million |
| 2016 | 2.94% | 3.50% | 0.67x | 1.25x | NT$-364.85 Million |
| 2017 | 12.01% | 13.74% | 0.71x | 1.23x | NT$117.80 Million |
| 2018 | 13.69% | 15.57% | 0.71x | 1.25x | NT$231.50 Million |
| 2019 | 11.99% | 13.75% | 0.66x | 1.31x | NT$138.90 Million |
| 2020 | 16.34% | 17.88% | 0.69x | 1.33x | NT$564.97 Million |
| 2021 | 15.49% | 17.91% | 0.65x | 1.33x | NT$558.55 Million |
| 2022 | 11.51% | 20.11% | 0.46x | 1.24x | NT$137.49 Million |
| 2023 | 8.07% | 13.68% | 0.48x | 1.23x | NT$-190.89 Million |
| 2024 | 15.80% | 21.71% | 0.59x | 1.24x | NT$666.19 Million |
| 2025 | 14.57% | 19.85% | 0.59x | 1.25x | NT$568.15 Million |
Industry Comparison
This section compares PixArt Imaging's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $55,690,422,500
- Average return on equity (ROE) among peers: 5.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PixArt Imaging (3227) | NT$15.16 Billion | 5.77% | 0.29x | $837.57 Million |
| Polylite Taiwan Co Ltd (1813) | $770.86 Million | 1.45% | 0.36x | $15.72 Million |
| United Microelectronics Corporation (2303) | $207.21 Billion | 2.96% | 0.79x | $40.79 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $8.97 Billion | 17.06% | 0.90x | $792.01 Million |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $160.12 Billion | 14.70% | 0.47x | $1.90 Trillion |
| Macronix International Co Ltd (2337) | $18.32 Billion | -1.33% | 0.94x | $5.51 Billion |
| Optotech Corp (2340) | $6.08 Billion | 1.59% | 1.05x | $531.81 Million |
| Mosel Vitelic Inc (2342) | $10.25 Billion | 0.00% | 1.33x | $180.15 Million |
| Winbond Electronics Corp (2344) | $114.13 Billion | 3.47% | 0.68x | $20.70 Billion |
| Silicon Integrated Systems Corp (2363) | $14.17 Billion | 3.52% | 0.04x | $768.25 Million |
| Realtek Semiconductor Corp (2379) | $16.87 Billion | 10.00% | 0.16x | $12.22 Billion |
About PixArt Imaging
PixArt Imaging Inc., together with its subsidiaries, researches, designs, produces, and sells CMOS image sensors and related ICs in Taiwan and internationally. The company offers optical mouse, tracking, and finger navigation sensors, as well as optical encoders; and multiple objects tracking, optical motion tracking, distance sensor, gesture recognition, and ambient light and proximity sensing p… Read more