Airlux Electrical Co. Ltd.
Airlux Electrical Co., Ltd. engages in the manufacture and sale of electrical appliances in China and internationally. It offers stand mixers, juicer, hand blenders, cooking machines, and juice extractors, as well as electric blankets and food processors. The company was founded in 1976 and is based in Taoyuan City, Taiwan.
Airlux Electrical Co. Ltd. (4609) - Net Assets
Latest net assets as of June 2024: NT$163.39 Million TWD
Based on the latest financial reports, Airlux Electrical Co. Ltd. (4609) has net assets worth NT$163.39 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$675.42 Million) and total liabilities (NT$512.02 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$163.39 Million |
| % of Total Assets | 24.19% |
| Annual Growth Rate | -10.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.97 |
Airlux Electrical Co. Ltd. - Net Assets Trend (2019–2023)
This chart illustrates how Airlux Electrical 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 Airlux Electrical Co. Ltd. (2019–2023)
The table below shows the annual net assets of Airlux Electrical Co. Ltd. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$168.33 Million | -17.45% |
| 2022-12-31 | NT$203.90 Million | +11.48% |
| 2021-12-31 | NT$182.90 Million | -11.22% |
| 2020-12-31 | NT$206.01 Million | -22.43% |
| 2019-12-31 | NT$265.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Airlux Electrical 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 10097100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$479.47 Million | 284.84% |
| Other Components | NT$53.94 Million | 32.04% |
| Total Equity | NT$168.33 Million | 100.00% |
Airlux Electrical Co. Ltd. Competitors by Market Cap
The table below lists competitors of Airlux Electrical Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ornapaper Bhd
KLSE:5065
|
$3.43 Million |
|
Yonga Mobilya Sanayi ve Ticaret AS
IS:YONGA
|
$3.43 Million |
|
Greenbriar Capital Corp
PINK:GEBRF
|
$3.43 Million |
|
ATAM VALVES ORD (BSE)
NSE:ATAM
|
$3.43 Million |
|
Magic Empire Global Limited
NASDAQ:MEGL
|
$3.43 Million |
|
Fremont Gold Ltd
OTCQB:FRERF
|
$3.43 Million |
|
E Investment & Development
KO:093230
|
$3.43 Million |
|
Sanko Diecasting (Thailand) Public Company Limited
BK:SANKO
|
$3.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Airlux Electrical Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 203,901,000 to 168,330,000, a change of -35,571,000 (-17.4%).
- Net loss of 37,493,000 reduced equity.
- Other factors increased equity by 1,922,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-37.49 Million | -22.27% |
| Other Changes | NT$1.92 Million | +1.14% |
| Total Change | NT$- | -17.45% |
Book Value vs Market Value Analysis
This analysis compares Airlux Electrical 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: 1.33x
- 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 0.84x to 1.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$5.54 | NT$4.68 | x |
| 2020-12-31 | NT$4.30 | NT$4.68 | x |
| 2021-12-31 | NT$3.81 | NT$4.68 | x |
| 2022-12-31 | NT$4.25 | NT$4.68 | x |
| 2023-12-31 | NT$3.51 | NT$4.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Airlux Electrical Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -22.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.22%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 3.93x
- Recent ROE (-22.27%) is below the historical average (-14.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -18.98% | -8.24% | 0.75x | 3.08x | NT$-76.95 Million |
| 2020 | -24.64% | -12.77% | 0.49x | 3.96x | NT$-71.37 Million |
| 2021 | -10.11% | -3.36% | 0.66x | 4.55x | NT$-36.79 Million |
| 2022 | 1.88% | 2.20% | 0.24x | 3.62x | NT$-16.56 Million |
| 2023 | -22.27% | -38.22% | 0.15x | 3.93x | NT$-54.33 Million |
Industry Comparison
This section compares Airlux Electrical Co. Ltd.'s net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,158,911,100
- Average return on equity (ROE) among peers: 8.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Airlux Electrical Co. Ltd. (4609) | NT$163.39 Million | -18.98% | 3.13x | $3.43 Million |
| Lung Hwa Electronics Co Ltd (2424) | $317.59 Million | -9.51% | 0.16x | $12.91 Million |
| Merry Electronics Co Ltd (2439) | $2.17 Billion | 16.03% | 0.57x | $570.30 Million |
| Taiwan Line Tek Electronic Co Ltd (2462) | $2.55 Billion | 0.44% | 0.92x | $64.46 Million |
| Meiloon Industrial Co Ltd (2477) | $4.80 Billion | 22.79% | 0.42x | $54.24 Million |
| Hanpin Electron Co Ltd (2488) | $1.90 Billion | 9.99% | 0.94x | $79.48 Million |
| Action Electronics Co Ltd (3024) | $3.55 Billion | 18.90% | 1.15x | $69.35 Million |
| Global View Co Ltd (3040) | $1.93 Billion | 36.06% | 0.07x | $52.08 Million |
| U-Tech Media Corp (3050) | $2.71 Billion | 2.67% | 0.85x | $41.27 Million |
| Phonic Corporation (3067) | $158.28 Million | -14.71% | 0.12x | $5.31K |
| Powertech Industrial Co Ltd (3296) | $1.49 Billion | 1.74% | 0.47x | $37.37 Million |