Lin Horn Technology Co Ltd (5464) - Net Assets
Based on the latest financial reports, Lin Horn Technology Co Ltd (5464) has net assets worth NT$1.12 Billion TWD (≈ $35.40 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$4.39 Billion ≈ $138.26 Million USD) and total liabilities (NT$3.26 Billion ≈ $102.85 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 5464 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.12 Billion |
| % of Total Assets | 25.61% |
| Annual Growth Rate | 4.77% |
| 5-Year Change | 50.26% |
| 10-Year Change | N/A |
| Growth Volatility | 16.99 |
Lin Horn Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Lin Horn Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Lin Horn Technology Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Lin Horn Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Lin Horn Technology Co Ltd from 2017 to 2024. For live valuation and market cap data, see how much is Lin Horn Technology Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.41 Billion ≈ $44.52 Million |
+4.99% |
| 2023-12-31 | NT$1.35 Billion ≈ $42.41 Million |
-5.98% |
| 2022-12-31 | NT$1.43 Billion ≈ $45.11 Million |
+11.60% |
| 2021-12-31 | NT$1.28 Billion ≈ $40.42 Million |
+36.41% |
| 2020-12-31 | NT$940.54 Million ≈ $29.63 Million |
-17.46% |
| 2019-12-31 | NT$1.14 Billion ≈ $35.90 Million |
-7.04% |
| 2018-12-31 | NT$1.23 Billion ≈ $38.62 Million |
+20.16% |
| 2017-12-31 | NT$1.02 Billion ≈ $32.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lin Horn Technology Co Ltd'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 44.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$313.70 Million | 22.20% |
| Other Components | NT$1.10 Billion | 77.80% |
| Total Equity | NT$1.41 Billion | 100.00% |
Lin Horn Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Lin Horn Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CammSys Corp
KQ:050110
|
$73.90 Million |
|
Anabatic Technologies Tbk PT
JK:ATIC
|
$73.94 Million |
|
Pmv Pharmaceuticals Inc
NASDAQ:PMVP
|
$73.96 Million |
|
RoyalTek Co Ltd
TWO:3306
|
$73.98 Million |
|
Orior AG
SW:ORON
|
$73.85 Million |
|
Sun Max Tech Ltd
TW:6591
|
$73.85 Million |
|
Fortune Information Systems Corp
TW:2468
|
$73.84 Million |
|
Wintergreen Acquisition Corp. Ordinary Shares
NASDAQ:WTG
|
$73.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lin Horn Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,346,104,000 to 1,413,241,000, a change of 67,137,000 (5.0%).
- Net income of 123,554,000 contributed positively to equity growth.
- Dividend payments of 56,857,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$123.55 Million | +8.74% |
| Dividends Paid | NT$56.86 Million | -4.02% |
| Other Changes | NT$440.00K | +0.03% |
| Total Change | NT$- | 4.99% |
Book Value vs Market Value Analysis
This analysis compares Lin Horn Technology Co Ltd'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: 1.66x
- 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 2.30x to 1.66x 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$14.35 | NT$33.00 | x |
| 2018-12-31 | NT$17.25 | NT$33.00 | x |
| 2019-12-31 | NT$16.03 | NT$33.00 | x |
| 2020-12-31 | NT$13.23 | NT$33.00 | x |
| 2021-12-31 | NT$18.01 | NT$33.00 | x |
| 2022-12-31 | NT$20.06 | NT$33.00 | x |
| 2023-12-31 | NT$18.88 | NT$33.00 | x |
| 2024-12-31 | NT$19.88 | NT$33.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lin Horn Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.74%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.97x
- Recent ROE (8.74%) is above the historical average (5.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -13.82% | -8.74% | 0.46x | 3.46x | NT$-243.02 Million |
| 2018 | 16.69% | 11.19% | 0.51x | 2.93x | NT$81.98 Million |
| 2019 | -1.14% | -0.95% | 0.42x | 2.83x | NT$-126.97 Million |
| 2020 | -17.50% | -15.50% | 0.31x | 3.69x | NT$-258.69 Million |
| 2021 | 26.65% | 20.56% | 0.34x | 3.77x | NT$213.64 Million |
| 2022 | 20.09% | 20.84% | 0.25x | 3.87x | NT$144.42 Million |
| 2023 | 4.24% | 5.23% | 0.21x | 3.79x | NT$-77.58 Million |
| 2024 | 8.74% | 11.74% | 0.25x | 2.97x | NT$-17.77 Million |
Industry Comparison
This section compares Lin Horn Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $180,200,345,300
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lin Horn Technology Co Ltd (5464) | NT$1.12 Billion | -13.82% | 2.91x | $73.89 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $402.71 Million |
| Fulltech Fiber Glass (1815) | $6.49 Billion | 0.00% | 1.01x | $1.78 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $177.18 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.84 Billion | 0.00% | 1.12x | $9.18 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.35 Billion | 5.63% | 0.71x | $643.07 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $1.69 Trillion | 8.40% | 1.33x | $96.56 Billion |
| Yageo Corp (2327) | $27.35 Billion | 2.10% | 0.67x | $20.70 Billion |
| Pan-International Industrial Corp (2328) | $5.49 Billion | 6.90% | 0.48x | $809.19 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.10 Billion | 9.66% | 0.65x | $641.19 Million |
| Solomon Technology Corp (2359) | $4.90 Billion | 3.31% | 0.21x | $642.50 Million |
About Lin Horn Technology Co Ltd
Lin Horn Technology Co., Ltd. produces and sells multilayer printed circuit boards (PCB). The company offers computer PCB, mother boards/server boards/VGA cards/storage systems; and automotive PCBs for control systems/dashboards/multimedia systems/others. It provides netcom PCB products comprising wired and wireless high-frequency communication products; Electronic PCBs for various consumer elect… Read more