Pixon Technologies Corporation
Pixon Technologies Corporation manufactures and sells imaging and optical components for makers in communications, computers, and consumer electronics field in Taiwan and internationally. The company develops optical, electronic circuit design and application software programming of linear micro lens array, linear light source, light pipe, and contact image sensor modules (CISM) products. It offe… Read more
Pixon Technologies Corporation (5248) - Net Assets
Latest net assets as of June 2025: NT$612.85 Million TWD
Based on the latest financial reports, Pixon Technologies Corporation (5248) has net assets worth NT$612.85 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$857.38 Million) and total liabilities (NT$244.53 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$612.85 Million |
| % of Total Assets | 71.48% |
| Annual Growth Rate | 3.75% |
| 5-Year Change | 34.5% |
| 10-Year Change | N/A |
| Growth Volatility | 8.45 |
Pixon Technologies Corporation - Net Assets Trend (2019–2024)
This chart illustrates how Pixon Technologies Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pixon Technologies Corporation (2019–2024)
The table below shows the annual net assets of Pixon Technologies Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$636.14 Million | +5.31% |
| 2023-12-31 | NT$604.07 Million | +2.10% |
| 2022-12-31 | NT$591.66 Million | +14.52% |
| 2021-12-31 | NT$516.64 Million | +9.23% |
| 2020-12-31 | NT$472.97 Million | -10.62% |
| 2019-12-31 | NT$529.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pixon Technologies Corporation'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 66.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$102.84 Million | 16.17% |
| Common Stock | NT$245.00 Million | 38.51% |
| Other Comprehensive Income | NT$172.01 Million | 27.04% |
| Other Components | NT$116.29 Million | 18.28% |
| Total Equity | NT$636.14 Million | 100.00% |
Pixon Technologies Corporation Competitors by Market Cap
The table below lists competitors of Pixon Technologies Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VisDynamics Holdings Bhd
KLSE:0120
|
$4.90 Million |
|
Bermas SA
RO:BRM
|
$4.90 Million |
|
188260
KQ:188260
|
$4.90 Million |
|
Boswell J G Co
PINK:BWEL
|
$4.91 Million |
|
Soder Sportfiske AB
ST:SODER
|
$4.90 Million |
|
AURELIUS Equity Opportunities SE & Co. KGaA
MU:AR4
|
$4.90 Million |
|
Hands Corporation Ltd
KO:143210
|
$4.90 Million |
|
Electricite et Eaux de Madagascar SA
PA:EEM
|
$4.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pixon Technologies Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 604,069,000 to 636,144,000, a change of 32,075,000 (5.3%).
- Net income of 44,325,000 contributed positively to equity growth.
- Dividend payments of 12,250,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,098,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$44.33 Million | +6.97% |
| Dividends Paid | NT$12.25 Million | -1.93% |
| Other Comprehensive Income | NT$2.10 Million | +0.33% |
| Other Changes | NT$-2.10 Million | -0.33% |
| Total Change | NT$- | 5.31% |
Book Value vs Market Value Analysis
This analysis compares Pixon Technologies Corporation'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: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$27.31 | NT$20.35 | x |
| 2020-12-31 | NT$24.47 | NT$20.35 | x |
| 2021-12-31 | NT$26.98 | NT$20.35 | x |
| 2022-12-31 | NT$24.71 | NT$20.35 | x |
| 2023-12-31 | NT$24.54 | NT$20.35 | x |
| 2024-12-31 | NT$25.76 | NT$20.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pixon Technologies Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.90%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.39x
- Recent ROE (6.97%) is above the historical average (3.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 6.53% | 8.41% | 0.68x | 1.14x | NT$-18.36 Million |
| 2020 | 0.22% | 0.30% | 0.61x | 1.23x | NT$-46.23 Million |
| 2021 | 2.34% | 2.81% | 0.69x | 1.20x | NT$-39.58 Million |
| 2022 | 2.16% | 3.86% | 0.45x | 1.24x | NT$-46.40 Million |
| 2023 | 3.47% | 5.65% | 0.45x | 1.36x | NT$-39.43 Million |
| 2024 | 6.97% | 9.90% | 0.51x | 1.39x | NT$-19.29 Million |
Industry Comparison
This section compares Pixon Technologies Corporation's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pixon Technologies Corporation (5248) | NT$612.85 Million | 6.53% | 0.40x | $4.90 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |