Litemax Electronics (4995) - Net Assets
Based on the latest financial reports, Litemax Electronics (4995) has net assets worth NT$861.23 Million TWD (≈ $27.13 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.69 Billion ≈ $53.36 Million USD) and total liabilities (NT$832.56 Million ≈ $26.23 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 Litemax Electronics (4995) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$861.23 Million |
| % of Total Assets | 50.85% |
| Annual Growth Rate | 8.87% |
| 5-Year Change | 24.53% |
| 10-Year Change | N/A |
| Growth Volatility | 15.64 |
Litemax Electronics - Net Assets Trend (2017–2024)
This chart illustrates how Litemax Electronics's net assets have evolved over time, based on quarterly financial data. Also explore Litemax Electronics asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Litemax Electronics (2017–2024)
The table below shows the annual net assets of Litemax Electronics from 2017 to 2024. For live valuation and market cap data, see Litemax Electronics (4995) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.01 Billion ≈ $31.79 Million |
+7.07% |
| 2023-12-31 | NT$942.29 Million ≈ $29.69 Million |
-1.84% |
| 2022-12-31 | NT$959.94 Million ≈ $30.24 Million |
+13.06% |
| 2021-12-31 | NT$849.09 Million ≈ $26.75 Million |
+4.80% |
| 2020-12-31 | NT$810.18 Million ≈ $25.53 Million |
-9.07% |
| 2019-12-31 | NT$890.97 Million ≈ $28.07 Million |
+11.10% |
| 2018-12-31 | NT$801.99 Million ≈ $25.27 Million |
+44.11% |
| 2017-12-31 | NT$556.53 Million ≈ $17.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Litemax 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 58.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$230.52 Million | 22.85% |
| Other Components | NT$778.42 Million | 77.15% |
| Total Equity | NT$1.01 Billion | 100.00% |
Litemax Electronics Competitors by Market Cap
The table below lists competitors of Litemax Electronics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thai Solar Energy Public Company Limited
BK:TSE
|
$56.70 Million |
|
IXAQF
NASDAQ:IXAQF
|
$56.72 Million |
|
KUYA SILVER CORP.
F:6MR1
|
$56.73 Million |
|
Tirupati Forge Limited
NSE:TIRUPATIFL
|
$56.74 Million |
|
Atakule Gayrimenkul Yatirim Ortakligi AS
IS:AGYO
|
$56.68 Million |
|
C-Tech United
TWO:3625
|
$56.66 Million |
|
Osmond Resources Ltd
AU:OSM
|
$56.64 Million |
|
Chain Chon Industrial Co Ltd
TWO:5014
|
$56.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Litemax Electronics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 942,295,000 to 1,008,936,000, a change of 66,641,000 (7.1%).
- Net income of 191,145,000 contributed positively to equity growth.
- Dividend payments of 134,858,000 reduced retained earnings.
- New share issuances of 5,437,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$191.15 Million | +18.95% |
| Dividends Paid | NT$134.86 Million | -13.37% |
| Share Issuances | NT$5.44 Million | +0.54% |
| Other Changes | NT$4.92 Million | +0.49% |
| Total Change | NT$- | 7.07% |
Book Value vs Market Value Analysis
This analysis compares Litemax 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: 1.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.62x to 1.78x 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$16.18 | NT$42.45 | x |
| 2018-12-31 | NT$21.66 | NT$42.45 | x |
| 2019-12-31 | NT$21.47 | NT$42.45 | x |
| 2020-12-31 | NT$19.24 | NT$42.45 | x |
| 2021-12-31 | NT$20.07 | NT$42.45 | x |
| 2022-12-31 | NT$22.56 | NT$42.45 | x |
| 2023-12-31 | NT$22.08 | NT$42.45 | x |
| 2024-12-31 | NT$23.86 | NT$42.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Litemax 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): 18.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.73%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.73x
- Recent ROE (18.95%) is above the historical average (15.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 16.22% | 8.91% | 0.81x | 2.24x | NT$34.61 Million |
| 2018 | 12.57% | 9.77% | 0.78x | 1.65x | NT$20.65 Million |
| 2019 | 19.30% | 13.05% | 0.96x | 1.55x | NT$82.85 Million |
| 2020 | 8.54% | 7.19% | 0.79x | 1.51x | NT$-11.81 Million |
| 2021 | 13.21% | 9.29% | 0.65x | 2.18x | NT$27.24 Million |
| 2022 | 21.90% | 15.37% | 0.79x | 1.81x | NT$114.23 Million |
| 2023 | 16.09% | 12.43% | 0.72x | 1.81x | NT$57.39 Million |
| 2024 | 18.95% | 13.73% | 0.80x | 1.73x | NT$90.25 Million |
Industry Comparison
This section compares Litemax Electronics's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $82,555,391,300
- Average return on equity (ROE) among peers: 9.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Litemax Electronics (4995) | NT$861.23 Million | 16.22% | 0.97x | $56.68 Million |
| Syncmold Enterprise Corp (1582) | $4.00 Billion | 12.63% | 0.95x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $4.89 Billion | 0.00% | 1.70x | $1.78 Billion |
| Delta Electronics Inc (2308) | $129.55 Billion | 14.45% | 0.75x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $8.04 Billion | 15.80% | 1.31x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $615.47 Billion | 13.26% | 1.82x | $96.56 Billion |
| Yageo Corp (2327) | $31.33 Billion | 21.85% | 1.22x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.17 Billion | 3.40% | 0.28x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.29 Billion | 9.85% | 0.64x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.98 Billion | 3.99% | 0.59x | $642.50 Million |
About Litemax Electronics
Litemax Electronics Inc., together with its subsidiaries, engages in the research, development, manufacture, and sale of liquid crystal display (LCD) modules and displays in the United States, Asia, and Europe. It offers industrial display products, including ECOgreenpixel, Spanpixel resizing LCDs, Durapixel sunlight readable LCDs, Squarepixel square LCDs, UbiPixel industrial LCDs, Navpixel marin… Read more