LuxNet (4979) - Net Assets
Based on the latest financial reports, LuxNet (4979) has net assets worth NT$3.69 Billion TWD (≈ $116.13 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.33 Billion ≈ $167.85 Million USD) and total liabilities (NT$1.64 Billion ≈ $51.72 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. Check 4979 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.69 Billion |
| % of Total Assets | 69.19% |
| Annual Growth Rate | 12.53% |
| 5-Year Change | 144.41% |
| 10-Year Change | N/A |
| Growth Volatility | 56.58 |
LuxNet - Net Assets Trend (2017–2024)
This chart illustrates how LuxNet's net assets have evolved over time, based on quarterly financial data. Also explore 4979 asset base for the complete picture of this company's asset base.
Annual Net Assets for LuxNet (2017–2024)
The table below shows the annual net assets of LuxNet from 2017 to 2024. For live valuation and market cap data, see LuxNet stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.40 Billion ≈ $107.06 Million |
+11.93% |
| 2023-12-31 | NT$3.04 Billion ≈ $95.65 Million |
+114.25% |
| 2022-12-31 | NT$1.42 Billion ≈ $44.64 Million |
+6.02% |
| 2021-12-31 | NT$1.34 Billion ≈ $42.11 Million |
-3.87% |
| 2020-12-31 | NT$1.39 Billion ≈ $43.80 Million |
-40.43% |
| 2019-12-31 | NT$2.33 Billion ≈ $73.54 Million |
+105.27% |
| 2018-12-31 | NT$1.14 Billion ≈ $35.82 Million |
-23.52% |
| 2017-12-31 | NT$1.49 Billion ≈ $46.84 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to LuxNet'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 102593500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$805.45 Million | 23.70% |
| Other Components | NT$2.59 Billion | 76.30% |
| Total Equity | NT$3.40 Billion | 100.00% |
LuxNet Competitors by Market Cap
The table below lists competitors of LuxNet ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fortior Technology (Shenzhen) Co. Ltd. A
SHG:688279
|
$2.70 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
$2.70 Billion |
|
Chicony Electronics Co Ltd
TW:2385
|
$2.71 Billion |
|
Peptron Inc
KQ:087010
|
$2.71 Billion |
|
Suzhou UIGreen Micro & Nano Technologies Co. Ltd. A
SHG:688661
|
$2.70 Billion |
|
Topgolf Callaway Brands Corp.
NYSE:MODG
|
$2.70 Billion |
|
ShenZhen QiangRui Precision Technology Co. Ltd.
SHE:301128
|
$2.70 Billion |
|
ShenZhen Yitoa Intelligent Control Co Ltd
SHE:300131
|
$2.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LuxNet's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,035,986,000 to 3,398,123,000, a change of 362,137,000 (11.9%).
- Net income of 533,253,000 contributed positively to equity growth.
- Dividend payments of 201,388,000 reduced retained earnings.
- Other comprehensive income increased equity by 14,597,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$533.25 Million | +15.69% |
| Dividends Paid | NT$201.39 Million | -5.93% |
| Other Comprehensive Income | NT$14.60 Million | +0.43% |
| Other Changes | NT$15.67 Million | +0.46% |
| Total Change | NT$- | 11.93% |
Book Value vs Market Value Analysis
This analysis compares LuxNet'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: 25.24x
- 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 38.07x to 25.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$16.00 | NT$609.00 | x |
| 2018-12-31 | NT$10.89 | NT$609.00 | x |
| 2019-12-31 | NT$12.65 | NT$609.00 | x |
| 2020-12-31 | NT$11.69 | NT$609.00 | x |
| 2021-12-31 | NT$10.32 | NT$609.00 | x |
| 2022-12-31 | NT$10.62 | NT$609.00 | x |
| 2023-12-31 | NT$22.88 | NT$609.00 | x |
| 2024-12-31 | NT$24.13 | NT$609.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LuxNet utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.45%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.40x
- Recent ROE (15.69%) is above the historical average (-12.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -44.31% | -39.53% | 0.56x | 2.00x | NT$-807.50 Million |
| 2018 | -61.12% | -45.57% | 0.66x | 2.04x | NT$-808.72 Million |
| 2019 | -15.96% | -17.45% | 0.51x | 1.79x | NT$-337.78 Million |
| 2020 | -6.34% | -7.56% | 0.54x | 1.56x | NT$-227.23 Million |
| 2021 | -21.32% | -32.91% | 0.44x | 1.46x | NT$-418.61 Million |
| 2022 | 19.11% | 20.54% | 0.64x | 1.46x | NT$129.09 Million |
| 2023 | 14.57% | 14.96% | 0.84x | 1.16x | NT$138.79 Million |
| 2024 | 15.69% | 15.45% | 0.73x | 1.40x | NT$193.44 Million |
Industry Comparison
This section compares LuxNet's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $202,930,058,900
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LuxNet (4979) | NT$3.69 Billion | -44.31% | 0.45x | $2.70 Billion |
| Polylite Taiwan Co Ltd (1813) | $883.80 Million | -0.02% | 0.44x | $18.07 Million |
| United Microelectronics Corporation (2303) | $281.20 Billion | 18.22% | 0.65x | $30.66 Billion |
| Orient Semiconductor Electronics Ltd (2329) | $4.44 Billion | -3.97% | 3.02x | $1.14 Billion |
| Taiwan Semiconductor Manufacturing Co. Ltd. (2330) | $1.61 Trillion | 21.92% | 0.40x | $1.74 Trillion |
| Macronix International Co Ltd (2337) | $24.66 Billion | 22.38% | 0.79x | $8.99 Billion |
| Optotech Corp (2340) | $7.08 Billion | 9.72% | 0.77x | $524.91 Million |
| Mosel Vitelic Inc (2342) | $6.57 Billion | -10.87% | 0.51x | $166.75 Million |
| Winbond Electronics Corp (2344) | $60.28 Billion | 5.50% | 0.10x | $12.73 Billion |
| Silicon Integrated Systems Corp (2363) | $7.70 Billion | -2.92% | 0.01x | $843.70 Million |
| Realtek Semiconductor Corp (2379) | $22.11 Billion | 17.61% | 0.86x | $8.72 Billion |
About LuxNet
LuxNet Corporation, together with its subsidiaries, manufactures, processes, and sells electronic and active components for optical communication in Taiwan. It offers optical communication laser and detection diode components, epitaxial wafers and dies, metal base optical sub-modules, single-phase optical sub-modules, two-way and three-way optical sub-modules, high-speed optical engines, and high… Read more