APAC Opto Electronics
APAC Opto Electronics Inc. manufactures and sells fiber optical transmission components for local area networks, wide area networks, storage networks, metropolitan area networks, and access networks in Taiwan and internationally. It also offers optical transceivers; copper transceivers; digital video transceivers; external laser source for optical engine; direct attach cables; optical extenders, … Read more
APAC Opto Electronics (4908) - Net Assets
Latest net assets as of September 2025: NT$1.67 Billion TWD
Based on the latest financial reports, APAC Opto Electronics (4908) has net assets worth NT$1.67 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$1.84 Billion) and total liabilities (NT$169.25 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$1.67 Billion |
| % of Total Assets | 90.82% |
| Annual Growth Rate | 3.8% |
| 5-Year Change | 11.49% |
| 10-Year Change | N/A |
| Growth Volatility | 2.78 |
APAC Opto Electronics - Net Assets Trend (2016–2024)
This chart illustrates how APAC Opto Electronics's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for APAC Opto Electronics (2016–2024)
The table below shows the annual net assets of APAC Opto Electronics from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.70 Billion | +2.19% |
| 2023-12-31 | NT$1.67 Billion | -1.84% |
| 2022-12-31 | NT$1.70 Billion | +7.57% |
| 2021-12-31 | NT$1.58 Billion | +3.32% |
| 2020-12-31 | NT$1.53 Billion | +2.87% |
| 2019-12-31 | NT$1.49 Billion | +4.29% |
| 2018-12-31 | NT$1.42 Billion | +5.62% |
| 2017-12-31 | NT$1.35 Billion | +6.71% |
| 2016-12-31 | NT$1.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to APAC Opto Electronics'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 grown by 255.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$831.29 Million | 48.79% |
| Other Components | NT$872.58 Million | 51.21% |
| Total Equity | NT$1.70 Billion | 100.00% |
APAC Opto Electronics Competitors by Market Cap
The table below lists competitors of APAC Opto Electronics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cardinal Ethanol LLC
OTCGREY:CRDE
|
$147.10 Million |
|
St.Shine Optical Co Ltd
TWO:1565
|
$147.19 Million |
|
Yanpai Filtration Technology Co.Ltd.
SHE:301081
|
$147.19 Million |
|
BerGenBio ASA
PINK:BRRGF
|
$147.25 Million |
|
Dogu Aras Enerji Yatirimlari AS
IS:ARASE
|
$147.06 Million |
|
AVY Precision Technology
TWO:5392
|
$146.98 Million |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332
|
$146.89 Million |
|
FIRST SAVINGS FINL DL-01
F:8N4
|
$146.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APAC Opto Electronics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,667,326,000 to 1,703,874,000, a change of 36,548,000 (2.2%).
- Net income of 220,347,000 contributed positively to equity growth.
- Dividend payments of 187,721,000 reduced retained earnings.
- Other comprehensive income decreased equity by 290,129,000.
- Other factors increased equity by 294,051,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$220.35 Million | +12.93% |
| Dividends Paid | NT$187.72 Million | -11.02% |
| Other Comprehensive Income | NT$-290.13 Million | -17.03% |
| Other Changes | NT$294.05 Million | +17.26% |
| Total Change | NT$- | 2.19% |
Book Value vs Market Value Analysis
This analysis compares APAC Opto Electronics'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: 4.87x
- 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 decreased from 6.52x to 4.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$16.27 | NT$106.00 | x |
| 2017-12-31 | NT$17.25 | NT$106.00 | x |
| 2018-12-31 | NT$17.92 | NT$106.00 | x |
| 2019-12-31 | NT$18.86 | NT$106.00 | x |
| 2020-12-31 | NT$19.39 | NT$106.00 | x |
| 2021-12-31 | NT$20.02 | NT$106.00 | x |
| 2022-12-31 | NT$21.41 | NT$106.00 | x |
| 2023-12-31 | NT$21.18 | NT$106.00 | x |
| 2024-12-31 | NT$21.78 | NT$106.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APAC Opto Electronics utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.54%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.11x
- Recent ROE (12.93%) is above the historical average (10.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.65% | 9.79% | 0.69x | 1.13x | NT$-29.67 Million |
| 2017 | 8.97% | 11.92% | 0.67x | 1.12x | NT$-13.84 Million |
| 2018 | 9.05% | 16.37% | 0.51x | 1.09x | NT$-13.48 Million |
| 2019 | 8.73% | 15.86% | 0.50x | 1.10x | NT$-18.83 Million |
| 2020 | 7.94% | 16.38% | 0.45x | 1.09x | NT$-31.46 Million |
| 2021 | 9.20% | 18.64% | 0.44x | 1.13x | NT$-12.68 Million |
| 2022 | 15.36% | 29.49% | 0.47x | 1.11x | NT$91.05 Million |
| 2023 | 12.32% | 21.82% | 0.50x | 1.12x | NT$38.69 Million |
| 2024 | 12.93% | 23.54% | 0.50x | 1.11x | NT$49.96 Million |
Industry Comparison
This section compares APAC Opto Electronics's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,087,269,200
- Average return on equity (ROE) among peers: -4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APAC Opto Electronics (4908) | NT$1.67 Billion | 7.65% | 0.10x | $147.09 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $36.51 Million |
| Tecom Co Ltd (2321) | $530.15 Million | -16.22% | 4.00x | $4.22 Million |
| D-Link Corp (2332) | $13.60 Billion | 4.76% | 0.80x | $217.00 Million |
| Accton Technology Corp (2345) | $6.43 Billion | -9.64% | 0.97x | $22.08 Billion |
| Hitron Technologies Inc (2419) | $1.72 Billion | 0.29% | 1.37x | $106.12 Million |
| Abocom Systems Inc (2444) | $1.08 Billion | 1.09% | 1.04x | $38.22 Million |
| Zinwell Corporation (2485) | $6.81 Billion | 0.46% | 0.24x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $665.75 Million | 0.00% | 0.74x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $2.57 Billion | 5.51% | 0.79x | $96.92 Million |
| CyberTAN Technology Inc (3062) | $5.01 Billion | 1.39% | 0.48x | $227.43 Million |