Litemax Electronics (4995) - Net Assets
Based on the latest financial reports, Litemax Electronics (4995) has net assets worth NT$945.81 Million TWD (≈ $29.80 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.72 Billion ≈ $54.23 Million USD) and total liabilities (NT$775.33 Million ≈ $24.43 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 tangible net worth ratio of Litemax Electronics to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$945.81 Million |
| % of Total Assets | 54.95% |
| Annual Growth Rate | 6.85% |
| 5-Year Change | 11.39% |
| 10-Year Change | N/A |
| Growth Volatility | 15.58 |
Litemax Electronics - Net Assets Trend (2017–2025)
This chart illustrates how Litemax Electronics's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Litemax Electronics to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Litemax Electronics (2017–2025)
The table below shows the annual net assets of Litemax Electronics from 2017 to 2025. For live valuation and market cap data, see Litemax Electronics (4995) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$945.81 Million ≈ $29.80 Million |
-6.26% |
| 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 9.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$159.05 Million | 16.82% |
| Other Components | NT$786.76 Million | 83.18% |
| Total Equity | NT$945.81 Million | 100.00% |
Litemax Electronics Competitors by Market Cap
The table below lists competitors of Litemax Electronics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SYLA Technologies Co., Ltd. American Depositary Shares
NASDAQ:SYT
|
$60.16 Million |
|
HAZER Group Ltd
AU:HZR
|
$60.16 Million |
|
Everbrite Technology Co Ltd
TWO:4523
|
$60.16 Million |
|
James Bay Minerals Ltd
AU:JBY
|
$60.21 Million |
|
Broadway Financial Corporation
NASDAQ:BYFC
|
$60.14 Million |
|
Prolific Technology
TWO:6233
|
$60.12 Million |
|
Bound and Beyond PCL
BK:BEYOND-R
|
$60.12 Million |
|
Ckd Bio
KO:063160
|
$60.12 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 2024 to 2025, total equity changed from 1,008,936,000 to 945,808,000, a change of -63,128,000 (-6.3%).
- Net income of 95,400,000 contributed positively to equity growth.
- Dividend payments of 169,280,000 reduced retained earnings.
- New share issuances of 3,103,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$95.40 Million | +10.09% |
| Dividends Paid | NT$169.28 Million | -17.9% |
| Share Issuances | NT$3.10 Million | +0.33% |
| Other Changes | NT$7.65 Million | +0.81% |
| Total Change | NT$- | -6.26% |
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: 2.02x
- 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 2.78x to 2.02x 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$45.00 | x |
| 2018-12-31 | NT$21.66 | NT$45.00 | x |
| 2019-12-31 | NT$21.47 | NT$45.00 | x |
| 2020-12-31 | NT$19.24 | NT$45.00 | x |
| 2021-12-31 | NT$20.07 | NT$45.00 | x |
| 2022-12-31 | NT$22.56 | NT$45.00 | x |
| 2023-12-31 | NT$22.08 | NT$45.00 | x |
| 2024-12-31 | NT$23.86 | NT$45.00 | x |
| 2025-12-31 | NT$22.29 | NT$45.00 | 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): 10.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.40%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.82x
- Recent ROE (10.09%) is below the historical average (15.21%), suggesting potential challenges in 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 |
| 2025 | 10.09% | 7.40% | 0.75x | 1.82x | NT$819.20K |
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: $159,345,053,500
- Average return on equity (ROE) among peers: 6.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Litemax Electronics (4995) | NT$945.81 Million | 16.22% | 0.82x | $60.15 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $415.89 Million |
| Fulltech Fiber Glass (1815) | $6.62 Billion | -7.24% | 1.18x | $1.56 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $176.36 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.58 Billion | 6.24% | 1.23x | $9.91 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $1.07 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $119.65 Billion |
| Yageo Corp (2327) | $31.33 Billion | 21.85% | 1.22x | $64.25 Billion |
| Pan-International Industrial Corp (2328) | $11.32 Billion | 2.51% | 0.66x | $859.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.89 Billion | 10.93% | 0.75x | $726.35 Million |
| Solomon Technology Corp (2359) | $3.80 Billion | 0.00% | 1.33x | $712.68 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