P-Two Industries Net Assets
P-Two Industries net assets. Based on the latest financial reports, P-Two Industries (6158) has net assets worth NT$1.12 Billion TWD (≈ $35.35 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.35 Billion ≈ $74.09 Million USD) and total liabilities (NT$1.23 Billion ≈ $38.74 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. Also explore 6158 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.12 Billion |
| % of Total Assets | 47.72% |
| Annual Growth Rate | -9.35% |
| 5-Year Change | 12.44% |
| 10-Year Change | N/A |
| Growth Volatility | 24.14 |
Net Assets of P-Two Industries (2017–2025)
Net assets of P-Two Industries from 2017 to 2025. This chart illustrates how P-Two Industries's net assets have evolved over time, based on quarterly financial data. See how leveraged is P-Two Industries's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for P-Two Industries (2017–2025)
The table below shows the annual net assets of P-Two Industries from 2017 to 2025. For live market cap and overall valuation, see P-Two Industries market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.11 Billion ≈ $35.05 Million |
-9.66% |
| 2024-12-31 | NT$1.23 Billion ≈ $38.80 Million |
+12.16% |
| 2023-12-31 | NT$1.10 Billion ≈ $34.59 Million |
+0.11% |
| 2022-12-31 | NT$1.10 Billion ≈ $34.55 Million |
+10.85% |
| 2021-12-31 | NT$989.40 Million ≈ $31.17 Million |
+10.43% |
| 2020-12-31 | NT$895.95 Million ≈ $28.23 Million |
+10.91% |
| 2019-12-31 | NT$807.85 Million ≈ $25.45 Million |
-64.81% |
| 2018-12-31 | NT$2.30 Billion ≈ $72.33 Million |
-5.91% |
| 2017-12-31 | NT$2.44 Billion ≈ $76.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to P-Two Industries'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 64.7% over the analyzed period, potentially due to dividend distributions or operating losses.
P-Two Industries Net Assets Breakdown (December 2025)
P-Two Industries net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$244.75 Million | 22.00% |
| Other Components | NT$867.75 Million | 78.00% |
| Total Equity | NT$1.11 Billion | 100.00% |
P-Two Industries Competitors by Market Cap
The table below lists competitors of P-Two Industries ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kronologi Asia Bhd
KLSE:0176
|
$29.06 Million |
|
Avax One Technology Ltd.
NASDAQ:AVX
|
$29.07 Million |
|
Anatolia Tani ve Biyoteknoloji Urunleri Arastirma Gelistirme Sanayi ve Ticaret
IS:ANGEN
|
$29.07 Million |
|
Tysnes Sparebank
OL:TYSB
|
$29.08 Million |
|
S. Khonkaen Foods Public Company Limited
BK:SORKON
|
$29.05 Million |
|
Energía Innovación y Desarrollo Fotovoltaico S.A.
MC:EIDF
|
$29.05 Million |
|
Dominant Enterprise Bhd
KLSE:7169
|
$29.04 Million |
|
Ashima Limited
NSE:ASHIMASYN
|
$29.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in P-Two Industries's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,231,488,000 to 1,112,496,000, a change of -118,992,000 (-9.7%).
- Net income of 5,918,000 contributed positively to equity growth.
- Dividend payments of 54,979,000 reduced retained earnings.
- Share repurchases of 19,053,000 reduced equity.
- Other factors decreased equity by 50,878,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$5.92 Million | +0.53% |
| Dividends Paid | NT$54.98 Million | -4.94% |
| Share Repurchases | NT$19.05 Million | -1.71% |
| Other Changes | NT$-50.88 Million | -4.57% |
| Total Change | NT$- | -9.66% |
Book Value vs Market Value Analysis
This analysis compares P-Two Industries'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: 0.83x
- 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.
- The price-to-book ratio has increased from 0.38x to 0.83x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$44.77 | NT$16.80 | x |
| 2018-12-31 | NT$44.87 | NT$16.80 | x |
| 2019-12-31 | NT$15.34 | NT$16.80 | x |
| 2020-12-31 | NT$16.93 | NT$16.80 | x |
| 2021-12-31 | NT$18.49 | NT$16.80 | x |
| 2022-12-31 | NT$20.29 | NT$16.80 | x |
| 2023-12-31 | NT$20.22 | NT$16.80 | x |
| 2024-12-31 | NT$22.40 | NT$16.80 | x |
| 2025-12-31 | NT$20.26 | NT$16.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently P-Two Industries utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.33%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.99x
- Recent ROE (0.53%) is below the historical average (8.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.99% | 4.44% | 0.46x | 1.46x | NT$-171.09 Million |
| 2018 | 16.82% | 22.32% | 0.53x | 1.43x | NT$156.69 Million |
| 2019 | 4.20% | 2.16% | 0.78x | 2.49x | NT$-46.83 Million |
| 2020 | 15.18% | 6.69% | 0.87x | 2.61x | NT$46.39 Million |
| 2021 | 16.37% | 7.37% | 0.94x | 2.37x | NT$63.05 Million |
| 2022 | 5.82% | 3.26% | 0.92x | 1.94x | NT$-45.85 Million |
| 2023 | 6.99% | 4.37% | 0.79x | 2.01x | NT$-33.06 Million |
| 2024 | 5.56% | 3.57% | 0.82x | 1.91x | NT$-54.64 Million |
| 2025 | 0.53% | 0.33% | 0.81x | 1.99x | NT$-105.33 Million |
Industry Comparison
This section compares P-Two Industries's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $17,558,787,900
- Average return on equity (ROE) among peers: 9.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| P-Two Industries (6158) | NT$1.12 Billion | 2.99% | 1.10x | $29.06 Million |
| Syncmold Enterprise Corp (1582) | $5.98 Billion | 4.21% | 0.97x | $290.90 Million |
| Fulltech Fiber Glass (1815) | $7.36 Billion | 5.56% | 0.97x | $2.21 Billion |
| Delta Electronics Inc (2308) | $31.68 Billion | 17.08% | 1.00x | $99.84 Billion |
| Compeq Manufacturing Co Ltd (2313) | $22.86 Billion | 15.65% | 1.47x | $6.85 Billion |
| WUS Printed Circuit Co Ltd (2316) | $7.68 Billion | 6.95% | 0.80x | $668.80 Million |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $105.58 Billion |
| Yageo Corp (2327) | $26.07 Billion | 1.15% | 0.77x | $29.06 Billion |
| Pan-International Industrial Corp (2328) | $7.48 Billion | 10.48% | 0.57x | $857.36 Million |
| Chin-Poon Industrial Co Ltd (2355) | $5.99 Billion | 9.03% | 0.55x | $618.65 Million |
| Solomon Technology Corp (2359) | $4.87 Billion | 0.62% | 0.33x | $575.01 Million |
About P-Two Industries
P-Two Industries Inc. engages in the manufacturing and sales of electronic connectors in Taiwan, Mainland China, and Thailand. The company offers floating BTB, FFC with impedance control, floating board to board, EasyLock FFC/FPC connector, FFC/FPC connector, power WTB, USB type C, WTB, FFC, SATA connector, and LVDS socket connector products. It serves automotives, computer and peripherals, visua… Read more