Optivision Technology (3666) - Net Assets
Based on the latest financial reports, Optivision Technology (3666) has net assets worth NT$891.35 Million TWD (≈ $28.08 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$1.28 Billion ≈ $40.30 Million USD) and total liabilities (NT$387.67 Million ≈ $12.21 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. Read Optivision Technology total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$891.35 Million |
| % of Total Assets | 69.69% |
| Annual Growth Rate | -12.5% |
| 5-Year Change | -77.14% |
| 10-Year Change | N/A |
| Growth Volatility | 50.81 |
Optivision Technology - Net Assets Trend (2017–2024)
This chart illustrates how Optivision Technology's net assets have evolved over time, based on quarterly financial data. Also explore 3666 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Optivision Technology (2017–2024)
The table below shows the annual net assets of Optivision Technology from 2017 to 2024. For live valuation and market cap data, see 3666 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$366.30 Million ≈ $11.54 Million |
-44.46% |
| 2023-12-31 | NT$659.48 Million ≈ $20.78 Million |
-30.97% |
| 2022-12-31 | NT$955.30 Million ≈ $30.10 Million |
-30.21% |
| 2021-12-31 | NT$1.37 Billion ≈ $43.13 Million |
-14.56% |
| 2020-12-31 | NT$1.60 Billion ≈ $50.48 Million |
+117.11% |
| 2019-12-31 | NT$737.91 Million ≈ $23.25 Million |
-1.89% |
| 2018-12-31 | NT$752.14 Million ≈ $23.70 Million |
-19.38% |
| 2017-12-31 | NT$932.99 Million ≈ $29.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Optivision Technology'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 211.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$647.20 Million | 176.68% |
| Total Equity | NT$366.30 Million | 100.00% |
Optivision Technology Competitors by Market Cap
The table below lists competitors of Optivision Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CENIT Aktiengesellschaft
XETRA:CSH
|
$53.05 Million |
|
Akin Tekstil AS
IS:ATEKS
|
$53.06 Million |
|
Yesil Gayrimenkul Yatirim Ortakligi AS
IS:YGYO
|
$53.06 Million |
|
Widodo Makmur Unggas Tbk PT
JK:WMUU
|
$53.08 Million |
|
GSE Co. Ltd
KQ:053050
|
$53.04 Million |
|
Busan Ind
KO:011390
|
$53.03 Million |
|
Dae Hyun
KO:016090
|
$52.97 Million |
|
Carnival Industrial Corp
TW:1417
|
$52.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Optivision Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 659,481,000 to 366,302,000, a change of -293,179,000 (-44.5%).
- Net loss of 280,896,000 reduced equity.
- New share issuances of 4,367,000 increased equity.
- Other factors decreased equity by 16,650,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-280.90 Million | -76.68% |
| Share Issuances | NT$4.37 Million | +1.19% |
| Other Changes | NT$-16.65 Million | -4.55% |
| Total Change | NT$- | -44.46% |
Book Value vs Market Value Analysis
This analysis compares Optivision Technology'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: 3.83x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.39x to 3.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$18.93 | NT$26.40 | x |
| 2018-12-31 | NT$15.26 | NT$26.40 | x |
| 2019-12-31 | NT$14.97 | NT$26.40 | x |
| 2020-12-31 | NT$27.33 | NT$26.40 | x |
| 2021-12-31 | NT$24.38 | NT$26.40 | x |
| 2022-12-31 | NT$180450.32 | NT$26.40 | x |
| 2023-12-31 | NT$12.45 | NT$26.40 | x |
| 2024-12-31 | NT$6.89 | NT$26.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Optivision Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -76.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.73%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.46x
- Recent ROE (-76.68%) is below the historical average (-19.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.07% | 4.91% | 1.00x | 1.44x | NT$-27.35 Million |
| 2018 | -11.79% | -6.80% | 1.04x | 1.67x | NT$-163.89 Million |
| 2019 | -2.61% | -1.41% | 1.09x | 1.70x | NT$-93.07 Million |
| 2020 | 8.17% | 7.14% | 0.77x | 1.49x | NT$-29.25 Million |
| 2021 | -2.35% | -1.86% | 0.87x | 1.46x | NT$-169.05 Million |
| 2022 | -31.90% | -31.97% | 0.84x | 1.19x | NT$-400.24 Million |
| 2023 | -45.28% | -41.41% | 0.65x | 1.69x | NT$-364.55 Million |
| 2024 | -76.68% | -43.73% | 0.71x | 2.46x | NT$-317.53 Million |
Industry Comparison
This section compares Optivision Technology's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $192,873,822,500
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Optivision Technology (3666) | NT$891.35 Million | 7.07% | 0.43x | $53.05 Million |
| Syncmold Enterprise Corp (1582) | $5.56 Billion | 16.02% | 0.51x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $2.80 Billion | 0.00% | 2.80x | $1.78 Billion |
| Delta Electronics Inc (2308) | $55.06 Billion | 20.58% | 0.62x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $32.37 Billion | 15.88% | 1.22x | $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) | $1.66 Trillion | 8.54% | 1.50x | $96.56 Billion |
| Yageo Corp (2327) | $136.62 Billion | 12.79% | 1.43x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $11.99 Billion | 5.76% | 0.72x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $15.85 Billion | 3.13% | 0.42x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.97 Billion | 7.43% | 0.24x | $642.50 Million |
About Optivision Technology
Optivision Technology, Inc. designs and develops optical films in Taiwan and Mainland China. The company offers components of the backlight modules. Its products are used in LCD backlight modules of various sizes, such as film and television products comprising handheld TVs, VCD players, projectors, etc.; information industry products, including notebooks, monitors, digital cameras, PDAs, tablets… Read more