Mildex Optical Net Assets

Latest as of March 2026: NT$1.35 Billion TWD ≈ $42.54 Million USD

Mildex Optical net assets. Based on the latest financial reports, Mildex Optical (4729) has net assets worth NT$1.35 Billion TWD (≈ $42.54 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.12 Billion ≈ $98.31 Million USD) and total liabilities (NT$1.77 Billion ≈ $55.77 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. Also explore net asset growth rate of Mildex Optical to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$1.35 Billion
% of Total Assets	43.27%
Annual Growth Rate	0.88%
5-Year Change	17.78%
10-Year Change	-37.74%
Growth Volatility	29.53

Net Assets of Mildex Optical (2008–2025)

Net assets of Mildex Optical from 2008 to 2025. This chart illustrates how Mildex Optical's net assets have evolved over time, based on quarterly financial data. See Mildex Optical balance sheet independence to measure how much of total assets are equity-financed.

Annual Net Assets for Mildex Optical (2008–2025)

The table below shows the annual net assets of Mildex Optical from 2008 to 2025. For live market cap and overall valuation, see Mildex Optical (4729) market capitalisation.

Year	Net Assets	Change
2025-12-31	NT$1.28 Billion ≈ $40.46 Million	-8.20%
2024-12-31	NT$1.40 Billion ≈ $44.07 Million	+6.66%
2023-12-31	NT$1.31 Billion ≈ $41.32 Million	-2.07%
2022-12-31	NT$1.34 Billion ≈ $42.19 Million	+22.83%
2021-12-31	NT$1.09 Billion ≈ $34.35 Million	-15.38%
2020-12-31	NT$1.29 Billion ≈ $40.59 Million	-14.82%
2019-12-31	NT$1.51 Billion ≈ $47.65 Million	-2.46%
2018-12-31	NT$1.55 Billion ≈ $48.86 Million	-21.71%
2017-12-31	NT$1.98 Billion ≈ $62.41 Million	-3.96%
2016-12-31	NT$2.06 Billion ≈ $64.98 Million	+18.85%
2015-12-31	NT$1.74 Billion ≈ $54.68 Million	-37.64%
2014-12-31	NT$2.78 Billion ≈ $87.67 Million	+83.86%
2013-12-31	NT$1.51 Billion ≈ $47.68 Million	-28.20%
2012-12-31	NT$2.11 Billion ≈ $66.41 Million	-18.55%
2011-12-31	NT$2.59 Billion ≈ $81.53 Million	+29.11%
2010-12-31	NT$2.00 Billion ≈ $63.15 Million	+48.04%
2009-12-31	NT$1.35 Billion ≈ $42.66 Million	+22.39%
2008-12-31	NT$1.11 Billion ≈ $34.85 Million	--

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 71.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Mildex Optical Net Assets Breakdown (December 2025)

Mildex Optical net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	NT$52.16 Million	4.79%
Other Components	NT$1.04 Billion	95.21%
Total Equity	NT$1.09 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
Arrow Syndicate Public Company Limited BK:ARROW	$44.44 Million
Jorjin Technologies TWO:4980	$44.44 Million
Verbrec Ltd AU:VBC	$44.46 Million
VHM Ltd AU:VHM	$44.48 Million
Alterity Therapeutics Ltd NASDAQ:ATHE	$44.43 Million
FreeCast, Inc. Class A Common Stock NASDAQ:CAST	$44.43 Million
Sow Good Inc. Common Stock NASDAQ:SOWG	$44.42 Million
Naturalendo Tech Co Ltd KQ:168330	$44.40 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 2024 to 2025, total equity changed from 1,150,049,000 to 1,088,425,000, a change of -61,624,000 (-5.4%).
Net income of 12,871,000 contributed positively to equity growth.
Dividend payments of 38,863,000 reduced retained earnings.
Other factors decreased equity by 35,632,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$12.87 Million	+1.18%
Dividends Paid	NT$38.86 Million	-3.57%
Other Changes	NT$-35.63 Million	-3.27%
Total Change	NT$-	-5.36%

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: 1.20x
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$17.80	x
2018-12-31	NT$10.96	NT$17.80	x
2019-12-31	NT$10.99	NT$17.80	x
2020-12-31	NT$9.82	NT$17.80	x
2021-12-31	NT$8.43	NT$17.80	x
2022-12-31	NT$13.86	NT$17.80	x
2023-12-31	NT$13.96	NT$17.80	x
2024-12-31	NT$14.80	NT$17.80	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): 1.18%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.20%
• Asset Turnover: 0.35x
• Equity Multiplier: 2.80x
Recent ROE (1.18%) is below the historical average (1.39%), suggesting potential challenges in 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
2025	1.18%	1.20%	0.35x	2.80x	NT$-95.97 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: $17,558,787,900
Average return on equity (ROE) among peers: 9.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mildex Optical (4729)	NT$1.35 Billion	6.32%	1.31x	$44.43 Million
Syncmold Enterprise Corp (1582)	$5.98 Billion	4.21%	0.97x	$290.90 Million
Fulltech Fiber Glass (1815)	$7.36 Billion	5.56%	0.97x	$2.21 Billion
Delta Electronics Inc (2308)	$31.68 Billion	17.08%	1.00x	$99.84 Billion
Compeq Manufacturing Co Ltd (2313)	$22.86 Billion	15.65%	1.47x	$6.85 Billion
WUS Printed Circuit Co Ltd (2316)	$7.68 Billion	6.95%	0.80x	$668.80 Million
Hon Hai Precision Industry Co Ltd (2317)	$55.62 Billion	23.52%	0.79x	$105.58 Billion
Yageo Corp (2327)	$26.07 Billion	1.15%	0.77x	$29.06 Billion
Pan-International Industrial Corp (2328)	$7.48 Billion	10.48%	0.57x	$857.36 Million
Chin-Poon Industrial Co Ltd (2355)	$5.99 Billion	9.03%	0.55x	$618.65 Million
Solomon Technology Corp (2359)	$4.87 Billion	0.62%	0.33x	$575.01 Million

About Mildex Optical

TWO:4729 Taiwan Electronic Components

Market Cap

$44.43 Million

NT$1.41 Billion TWD

Market Cap Rank

#22162 Global

#1375 in Taiwan

Share Price

NT$17.80

Change (1 day)

+0.00%

52-Week Range

NT$17.50 - NT$27.20

All Time High

NT$35.25