Bison Electronics Inc.
Bison Electronics Inc., together with its subsidiary, Kunshan BaiChuang Optoelectronics Co., Ltd, engages in the sale of camera modules to computer manufacturers in Mainland China, Taiwan, and internationally. The company also offers compact camera modules; safe zone viewing and warning systems; and wireless viewing and recording system. Its products are used in imaging products, such as video ca… Read more
Bison Electronics Inc. (3659) - Net Assets
Latest net assets as of June 2025: NT$998.77 Million TWD
Based on the latest financial reports, Bison Electronics Inc. (3659) has net assets worth NT$998.77 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.42 Billion) and total liabilities (NT$1.42 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$998.77 Million |
| % of Total Assets | 41.28% |
| Annual Growth Rate | 10.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.02 |
Bison Electronics Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Bison Electronics Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bison Electronics Inc. (2020–2024)
The table below shows the annual net assets of Bison Electronics Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.09 Billion | +14.59% |
| 2023-12-31 | NT$953.07 Million | +9.16% |
| 2022-12-31 | NT$873.07 Million | +11.06% |
| 2021-12-31 | NT$786.14 Million | +6.28% |
| 2020-12-31 | NT$739.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bison Electronics Inc.'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 160.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$412.66 Million | 37.79% |
| Common Stock | NT$541.24 Million | 49.56% |
| Other Comprehensive Income | NT$129.75 Million | 11.88% |
| Other Components | NT$8.43 Million | 0.77% |
| Total Equity | NT$1.09 Billion | 100.00% |
Bison Electronics Inc. Competitors by Market Cap
The table below lists competitors of Bison Electronics Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Concejo AB (publ)
ST:CNCJO-B
|
$9.52 Million |
|
American Clean Resources Group Inc.
PINK:ACRG
|
$9.52 Million |
|
EDA Group Holdings Limited
F:7OZ
|
$9.53 Million |
|
Abundia Global Impact Group Inc.
LSE:0A7K
|
$9.53 Million |
|
WALLBOX N.V. CL.A EO-12
F:67E
|
$9.52 Million |
|
IDI Insurance Company Ltd
TA:IDIN
|
$9.52 Million |
|
Janel Corp
PINK:JANL
|
$9.51 Million |
|
Vince Holding Corp
NYSE:VNCE
|
$9.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bison Electronics Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 953,070,000 to 1,092,080,000, a change of 139,010,000 (14.6%).
- Net income of 213,983,000 contributed positively to equity growth.
- Dividend payments of 81,186,000 reduced retained earnings.
- Other comprehensive income increased equity by 137,356,000.
- Other factors decreased equity by 131,143,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$213.98 Million | +19.59% |
| Dividends Paid | NT$81.19 Million | -7.43% |
| Other Comprehensive Income | NT$137.36 Million | +12.58% |
| Other Changes | NT$-131.14 Million | -12.01% |
| Total Change | NT$- | 14.59% |
Book Value vs Market Value Analysis
This analysis compares Bison Electronics Inc.'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: 1.56x
- 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 2.29x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$13.48 | NT$30.90 | x |
| 2021-12-31 | NT$14.21 | NT$30.90 | x |
| 2022-12-31 | NT$15.65 | NT$30.90 | x |
| 2023-12-31 | NT$17.17 | NT$30.90 | x |
| 2024-12-31 | NT$19.82 | NT$30.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bison Electronics Inc. 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): 19.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.82%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.40x
- Recent ROE (19.59%) is above the historical average (14.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 12.46% | 6.66% | 0.88x | 2.13x | NT$18.21 Million |
| 2021 | 13.53% | 5.58% | 1.11x | 2.19x | NT$27.79 Million |
| 2022 | 13.09% | 5.55% | 1.10x | 2.14x | NT$26.98 Million |
| 2023 | 14.41% | 5.47% | 1.02x | 2.58x | NT$42.06 Million |
| 2024 | 19.59% | 7.82% | 1.05x | 2.40x | NT$104.78 Million |
Industry Comparison
This section compares Bison Electronics Inc.'s net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $32,375,180,700
- Average return on equity (ROE) among peers: 3.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bison Electronics Inc. (3659) | NT$998.77 Million | 12.46% | 1.42x | $9.52 Million |
| Solytech Enterprise Corp (1471) | $2.62 Billion | 7.34% | 0.84x | $49.10 Million |
| Microtek International Inc (2305) | $2.12 Billion | 12.16% | 0.47x | $18.87 Million |
| Kinpo Electronics Inc (2312) | $17.40 Billion | 0.68% | 1.29x | $911.45 Million |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $317.20 Million |
| Compal Electronics Inc (2324) | $77.40 Billion | 11.31% | 1.58x | $3.96 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.98 Billion | -7.89% | 0.95x | $208.43 Million |
| Ritek Corp (2349) | $14.57 Billion | -16.68% | 0.61x | $265.27 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $855.19 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |
| Clevo Co (2362) | $7.56 Billion | 10.38% | 3.55x | $333.54 Million |