Mildex Optical
Mildex Optical Inc. manufactures and trades in touch panels and other products in Taiwan. It offers large size touch screens; traditional resistive touch screens; projective capacitive touch screens; resistive multi-touch screens; and sunlight readable touch screens for use in patient check-in Kiosk, diagnostic apparatus, industrial panel PC, automation equipment, smart monitoring system, IOT app… Read more
Mildex Optical (4729) - Net Assets
Latest net assets as of September 2025: NT$1.28 Billion TWD
Based on the latest financial reports, Mildex Optical (4729) has net assets worth NT$1.28 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.12 Billion) and total liabilities (NT$1.85 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$1.28 Billion |
| % of Total Assets | 40.83% |
| Annual Growth Rate | 1.48% |
| 5-Year Change | 8.57% |
| 10-Year Change | -19.4% |
| Growth Volatility | 30.26 |
Mildex Optical - Net Assets Trend (2008–2024)
This chart illustrates how Mildex Optical's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mildex Optical (2008–2024)
The table below shows the annual net assets of Mildex Optical from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.40 Billion | +6.66% |
| 2023-12-31 | NT$1.31 Billion | -2.07% |
| 2022-12-31 | NT$1.34 Billion | +22.83% |
| 2021-12-31 | NT$1.09 Billion | -15.38% |
| 2020-12-31 | NT$1.29 Billion | -14.82% |
| 2019-12-31 | NT$1.51 Billion | -2.46% |
| 2018-12-31 | NT$1.55 Billion | -21.71% |
| 2017-12-31 | NT$1.98 Billion | -3.96% |
| 2016-12-31 | NT$2.06 Billion | +18.85% |
| 2015-12-31 | NT$1.74 Billion | -37.64% |
| 2014-12-31 | NT$2.78 Billion | +83.86% |
| 2013-12-31 | NT$1.51 Billion | -28.20% |
| 2012-12-31 | NT$2.11 Billion | -18.55% |
| 2011-12-31 | NT$2.59 Billion | +29.11% |
| 2010-12-31 | NT$2.00 Billion | +48.04% |
| 2009-12-31 | NT$1.35 Billion | +22.39% |
| 2008-12-31 | NT$1.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mildex Optical'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 56.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$80.47 Million | 7.00% |
| Other Components | NT$1.07 Billion | 93.00% |
| Total Equity | NT$1.15 Billion | 100.00% |
Mildex Optical Competitors by Market Cap
The table below lists competitors of Mildex Optical ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
I GRANDI VIAGGI
F:95H
|
$30.67 Million |
|
DE&T Co. Ltd
KQ:079810
|
$30.67 Million |
|
reAlpha Tech Corp. Common Stock
NASDAQ:AIRE
|
$30.67 Million |
|
PHN
F:2PN
|
$30.69 Million |
|
LOOP INDUSTRIES DL-001
F:3L9
|
$30.66 Million |
|
APro Co. Ltd.
KQ:262260
|
$30.65 Million |
|
Unlu Yatirim Holding AS
IS:UNLU
|
$30.64 Million |
|
NUREXONE BIOLOGIC INC.
F:J90
|
$30.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mildex Optical's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,085,293,000 to 1,150,049,000, a change of 64,756,000 (6.0%).
- Net income of 31,143,000 contributed positively to equity growth.
- Dividend payments of 38,864,000 reduced retained earnings.
- Other factors increased equity by 72,477,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$31.14 Million | +2.71% |
| Dividends Paid | NT$38.86 Million | -3.38% |
| Other Changes | NT$72.48 Million | +6.3% |
| Total Change | NT$- | 5.97% |
Book Value vs Market Value Analysis
This analysis compares Mildex Optical'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: 1.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$14.40 | NT$20.70 | x |
| 2018-12-31 | NT$10.96 | NT$20.70 | x |
| 2019-12-31 | NT$10.99 | NT$20.70 | x |
| 2020-12-31 | NT$9.82 | NT$20.70 | x |
| 2021-12-31 | NT$8.43 | NT$20.70 | x |
| 2022-12-31 | NT$13.86 | NT$20.70 | x |
| 2023-12-31 | NT$13.96 | NT$20.70 | x |
| 2024-12-31 | NT$14.80 | NT$20.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mildex Optical utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.15%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.90x
- Recent ROE (2.71%) is above the historical average (1.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 6.32% | 3.38% | 0.77x | 2.43x | NT$-39.22 Million |
| 2010 | 3.51% | 2.22% | 0.73x | 2.17x | NT$-122.22 Million |
| 2015 | 0.66% | 0.18% | 1.06x | 3.45x | NT$-124.72 Million |
| 2016 | 12.88% | 7.59% | 0.47x | 3.62x | NT$40.77 Million |
| 2017 | 20.71% | 17.43% | 0.40x | 2.93x | NT$161.70 Million |
| 2018 | -3.74% | -4.19% | 0.26x | 3.42x | NT$-157.69 Million |
| 2019 | -8.26% | -9.28% | 0.28x | 3.21x | NT$-209.95 Million |
| 2020 | -11.33% | -12.46% | 0.27x | 3.31x | NT$-214.17 Million |
| 2021 | -15.03% | -11.26% | 0.35x | 3.85x | NT$-215.54 Million |
| 2022 | 5.99% | 4.72% | 0.41x | 3.09x | NT$-43.18 Million |
| 2023 | 2.44% | 2.40% | 0.36x | 2.86x | NT$-82.06 Million |
| 2024 | 2.71% | 3.15% | 0.30x | 2.90x | NT$-83.86 Million |
Industry Comparison
This section compares Mildex Optical's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $187,867,240,100
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mildex Optical (4729) | NT$1.28 Billion | 6.32% | 1.45x | $30.66 Million |
| Syncmold Enterprise Corp (1582) | $4.29 Billion | 16.99% | 0.69x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.39 Billion | 0.00% | 0.90x | $1.40 Billion |
| Delta Electronics Inc (2308) | $325.39 Billion | 20.88% | 0.97x | $80.57 Billion |
| Compeq Manufacturing Co Ltd (2313) | $14.23 Billion | 2.16% | 1.01x | $6.72 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $76.45 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $561.22 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $460.73 Million |
| Solomon Technology Corp (2359) | $5.33 Billion | 8.60% | 0.59x | $417.90 Million |
| Unitech Printed Circuit Board Corp (2367) | $8.30 Billion | -8.42% | 1.39x | $1.40 Billion |
| Gold Circuit Electronics Ltd (2368) | $7.17 Billion | 1.81% | 1.92x | $8.82 Billion |