LNC Technology Co., Ltd
LNC Technology Co., Ltd engages in the development, manufacture, and sale of various equipment control systems in Taiwan. It offers gantry and joint robot controllers, vision and AI systems, industry 4.0 systems, APAC, woodworking machine controllers, turning and milling machine controllers, injection molding and grinding machine controllers, laser processing controllers, WIL smart production lin… Read more
LNC Technology Co., Ltd (4587) - Net Assets
Latest net assets as of June 2025: NT$232.97 Million TWD
Based on the latest financial reports, LNC Technology Co., Ltd (4587) has net assets worth NT$232.97 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$937.28 Million) and total liabilities (NT$704.31 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$232.97 Million |
| % of Total Assets | 24.86% |
| Annual Growth Rate | -3.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.12 |
LNC Technology Co., Ltd - Net Assets Trend (2020–2024)
This chart illustrates how LNC Technology 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 LNC Technology Co., Ltd (2020–2024)
The table below shows the annual net assets of LNC Technology Co., Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$315.72 Million | +23.58% |
| 2023-12-31 | NT$255.48 Million | -14.98% |
| 2022-12-31 | NT$300.48 Million | -24.84% |
| 2021-12-31 | NT$399.78 Million | +8.89% |
| 2020-12-31 | NT$367.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LNC Technology 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 434.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$330.00 Million | 101.00% |
| Other Components | NT$159.48 Million | 48.81% |
| Total Equity | NT$326.75 Million | 100.00% |
LNC Technology Co., Ltd Competitors by Market Cap
The table below lists competitors of LNC Technology Co., Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BA29
LSE:BA29
|
$7.73K |
|
Distributed Ledger Technologies
PINK:DLTXF
|
$7.73K |
|
Clean Seed Capital Group Ltd
PINK:CLGPF
|
$7.73K |
|
AFBL
PINK:AFBL
|
$7.73K |
|
BSLI3F
SA:BSLI3F
|
$7.71K |
|
Avance Gas Holding Ltd
PINK:AVACF
|
$7.70K |
|
Empower Clinics Inc
OTCQB:EPWCF
|
$7.69K |
|
Insan Inc.
KO:277410
|
$7.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LNC Technology Co., Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 238,320,000 to 326,748,000, a change of 88,428,000 (37.1%).
- Net loss of 44,333,000 reduced equity.
- New share issuances of 105,000,000 increased equity.
- Other factors increased equity by 27,761,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-44.33 Million | -13.57% |
| Share Issuances | NT$105.00 Million | +32.13% |
| Other Changes | NT$27.76 Million | +8.5% |
| Total Change | NT$- | 37.10% |
Book Value vs Market Value Analysis
This analysis compares LNC Technology 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: 2.52x
- 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 2.21x to 2.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$12.22 | NT$27.00 | x |
| 2021-12-31 | NT$13.30 | NT$27.00 | x |
| 2022-12-31 | NT$9.91 | NT$27.00 | x |
| 2023-12-31 | NT$7.93 | NT$27.00 | x |
| 2024-12-31 | NT$10.72 | NT$27.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LNC Technology 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): -13.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.89%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 2.74x
- Recent ROE (-13.57%) is below the historical average (-8.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 13.22% | 6.52% | 1.27x | 1.59x | NT$11.82 Million |
| 2021 | 15.76% | 6.49% | 1.43x | 1.69x | NT$23.02 Million |
| 2022 | -23.84% | -9.40% | 1.18x | 2.15x | NT$-100.66 Million |
| 2023 | -35.04% | -11.23% | 0.92x | 3.40x | NT$-107.33 Million |
| 2024 | -13.57% | -4.89% | 1.01x | 2.74x | NT$-77.01 Million |
Industry Comparison
This section compares LNC Technology Co., Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $7,052,115,500
- Average return on equity (ROE) among peers: 14.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LNC Technology Co., Ltd (4587) | NT$232.97 Million | 13.22% | 3.02x | $7.72K |
| TECO Electric & Machinery Co Ltd (1504) | $40.46 Billion | 7.33% | 0.79x | $3.85 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $6.33 Billion | 15.11% | 1.20x | $1.96 Billion |
| Anderson Industrial Corp (1528) | $2.18 Billion | -5.40% | 1.29x | $89.92 Million |
| Awea Mechantronic Co Ltd (1530) | $1.36 Billion | 32.12% | 0.96x | $20.78 Million |
| Kaulin Mfg (1531) | $2.67 Billion | 22.95% | 0.56x | $39.19 Million |
| Chiu Ting Machinery Co Ltd (1539) | $1.10 Billion | 17.48% | 1.85x | $14.30 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $684.96 Million | 8.44% | 0.39x | $45.50 Million |
| Sinmag Equipment (1580) | $2.04 Billion | 26.12% | 0.62x | $131.11 Million |
| Goodway Machine Corp (1583) | $3.27 Billion | 6.42% | 1.28x | $28.40 Million |
| Airtac International Group (1590) | $10.41 Billion | 13.14% | 1.06x | $3.89 Billion |