Liton Technology
Liton Technology Corp. engages in the manufacture and sale of etched and formed aluminum foils. The company offers low, medium, and high voltage formed aluminum foils for anode specification; low voltage aluminum etched foils; and TAB foils. Its products are used in various industries and products, such as aerospace, high-speed rail, MRT systems, solar and wind power, computers, mobile phones, au… Read more
Liton Technology (6175) - Net Assets
Latest net assets as of September 2025: NT$4.61 Billion TWD
Based on the latest financial reports, Liton Technology (6175) has net assets worth NT$4.61 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$5.99 Billion) and total liabilities (NT$1.38 Billion). 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$4.61 Billion |
| % of Total Assets | 76.94% |
| Annual Growth Rate | 11.48% |
| 5-Year Change | 69.08% |
| 10-Year Change | 110.07% |
| Growth Volatility | 17.67 |
Liton Technology - Net Assets Trend (2009–2024)
This chart illustrates how Liton Technology's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Liton Technology (2009–2024)
The table below shows the annual net assets of Liton Technology from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$4.63 Billion | +22.04% |
| 2023-12-31 | NT$3.80 Billion | +0.53% |
| 2022-12-31 | NT$3.78 Billion | +11.19% |
| 2021-12-31 | NT$3.40 Billion | +23.95% |
| 2020-12-31 | NT$2.74 Billion | +11.58% |
| 2019-12-31 | NT$2.46 Billion | -5.32% |
| 2018-12-31 | NT$2.59 Billion | +2.26% |
| 2017-12-31 | NT$2.54 Billion | +17.34% |
| 2016-12-31 | NT$2.16 Billion | -1.99% |
| 2015-12-31 | NT$2.21 Billion | +31.94% |
| 2014-12-31 | NT$1.67 Billion | +3.26% |
| 2013-12-31 | NT$1.62 Billion | -1.74% |
| 2012-12-31 | NT$1.65 Billion | -3.50% |
| 2011-12-31 | NT$1.71 Billion | +64.79% |
| 2010-12-31 | NT$1.04 Billion | +14.18% |
| 2009-12-31 | NT$907.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Liton Technology'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 127180900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.16 Billion | 30.19% |
| Other Components | NT$2.68 Billion | 69.81% |
| Total Equity | NT$3.83 Billion | 100.00% |
Liton Technology Competitors by Market Cap
The table below lists competitors of Liton Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Bank Bisnis Internasional Tbk
JK:BBSI
|
$110.21 Million |
|
Autopistas del Sol
BA:AUSO
|
$110.28 Million |
|
Alexandria Group Oyj
HE:ALEX
|
$110.35 Million |
|
Zhangjiagang Elegant Home Tech Co Ltd
SHG:603221
|
$110.39 Million |
|
IM Vinaria Purcari SRL
RO:WINE
|
$110.16 Million |
|
Onward Medical N.V.
BR:ONWD
|
$110.15 Million |
|
Toyo Kanetsu K.K
F:TQ2
|
$110.14 Million |
|
Humana AB
LSE:0RF7
|
$110.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liton Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,108,695,000 to 3,833,704,000, a change of 725,009,000 (23.3%).
- Net income of 469,249,000 contributed positively to equity growth.
- Dividend payments of 156,112,000 reduced retained earnings.
- Other comprehensive income decreased equity by 240,197,000.
- Other factors increased equity by 652,069,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$469.25 Million | +12.24% |
| Dividends Paid | NT$156.11 Million | -4.07% |
| Other Comprehensive Income | NT$-240.20 Million | -6.27% |
| Other Changes | NT$652.07 Million | +17.01% |
| Total Change | NT$- | 23.32% |
Book Value vs Market Value Analysis
This analysis compares Liton Technology'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: 1.89x
- 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 5.25x to 1.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$9.23 | NT$48.45 | x |
| 2010-12-31 | NT$10.44 | NT$48.45 | x |
| 2011-12-31 | NT$15.48 | NT$48.45 | x |
| 2012-12-31 | NT$14.38 | NT$48.45 | x |
| 2013-12-31 | NT$14.13 | NT$48.45 | x |
| 2014-12-31 | NT$14.59 | NT$48.45 | x |
| 2015-12-31 | NT$16.20 | NT$48.45 | x |
| 2016-12-31 | NT$14.08 | NT$48.45 | x |
| 2017-12-31 | NT$16.14 | NT$48.45 | x |
| 2018-12-31 | NT$16.08 | NT$48.45 | x |
| 2019-12-31 | NT$14.42 | NT$48.45 | x |
| 2020-12-31 | NT$15.73 | NT$48.45 | x |
| 2021-12-31 | NT$18.31 | NT$48.45 | x |
| 2022-12-31 | NT$20.14 | NT$48.45 | x |
| 2023-12-31 | NT$20.17 | NT$48.45 | x |
| 2024-12-31 | NT$25.68 | NT$48.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liton Technology utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.11%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.66x
- Recent ROE (12.24%) is above the historical average (8.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -12.60% | -8.72% | 0.77x | 1.88x | NT$-205.10 Million |
| 2010 | 12.99% | 7.85% | 0.84x | 1.98x | NT$30.94 Million |
| 2011 | 16.02% | 12.09% | 0.85x | 1.55x | NT$102.73 Million |
| 2012 | 2.65% | 2.46% | 0.60x | 1.81x | NT$-121.06 Million |
| 2013 | -1.31% | -1.25% | 0.56x | 1.86x | NT$-183.21 Million |
| 2014 | 1.79% | 1.59% | 0.57x | 1.96x | NT$-137.31 Million |
| 2015 | 2.33% | 2.43% | 0.53x | 1.80x | NT$-155.30 Million |
| 2016 | 3.93% | 3.30% | 0.64x | 1.86x | NT$-115.85 Million |
| 2017 | 15.19% | 11.75% | 0.73x | 1.77x | NT$114.02 Million |
| 2018 | 13.81% | 8.57% | 0.74x | 2.18x | NT$83.58 Million |
| 2019 | 5.95% | 4.17% | 0.66x | 2.16x | NT$-82.82 Million |
| 2020 | 12.17% | 8.41% | 0.68x | 2.12x | NT$48.96 Million |
| 2021 | 17.26% | 11.62% | 0.75x | 1.97x | NT$204.69 Million |
| 2022 | 16.13% | 13.09% | 0.63x | 1.95x | NT$191.25 Million |
| 2023 | 9.49% | 8.02% | 0.63x | 1.88x | NT$-16.00 Million |
| 2024 | 12.24% | 11.11% | 0.66x | 1.66x | NT$85.88 Million |
Industry Comparison
This section compares Liton Technology's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $2,933,785,333
- Average return on equity (ROE) among peers: 9.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liton Technology (6175) | NT$4.61 Billion | -12.60% | 0.30x | $110.21 Million |
| Ting Sin Co Ltd (2358) | $464.77 Million | 0.00% | 2.97x | $18.83 Million |
| ALFORMER Industrial Co. Ltd. (4558) | $599.10 Million | 14.93% | 1.49x | $14.75 Million |
| Xxentria Technology Materials Co Ltd (8942) | $7.74 Billion | 12.23% | 0.45x | $155.33 Million |