Highlight Tech Net Assets
Highlight Tech net assets. Based on the latest financial reports, Highlight Tech (6208) has net assets worth NT$3.16 Billion TWD (≈ $99.71 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$6.97 Billion ≈ $219.70 Million USD) and total liabilities (NT$3.81 Billion ≈ $119.98 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 how fast is Highlight Tech growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.16 Billion |
| % of Total Assets | 45.39% |
| Annual Growth Rate | 10.85% |
| 5-Year Change | 32.1% |
| 10-Year Change | N/A |
| Growth Volatility | 8.79 |
Net Assets of Highlight Tech (2017–2025)
Net assets of Highlight Tech from 2017 to 2025. This chart illustrates how Highlight Tech's net assets have evolved over time, based on quarterly financial data. See 6208 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Highlight Tech (2017–2025)
The table below shows the annual net assets of Highlight Tech from 2017 to 2025. For live market cap and overall valuation, see Highlight Tech market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.97 Billion ≈ $125.01 Million |
+0.85% |
| 2024-12-31 | NT$3.93 Billion ≈ $123.95 Million |
+10.28% |
| 2023-12-31 | NT$3.57 Billion ≈ $112.39 Million |
+6.29% |
| 2022-12-31 | NT$3.36 Billion ≈ $105.75 Million |
+11.75% |
| 2021-12-31 | NT$3.00 Billion ≈ $94.63 Million |
+11.10% |
| 2020-12-31 | NT$2.70 Billion ≈ $85.18 Million |
+31.58% |
| 2019-12-31 | NT$2.05 Billion ≈ $64.73 Million |
+3.35% |
| 2018-12-31 | NT$1.99 Billion ≈ $62.63 Million |
+14.23% |
| 2017-12-31 | NT$1.74 Billion ≈ $54.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Highlight Tech'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 159.3% over the analyzed period, indicating profitable operations and earnings retention.
Highlight Tech Net Assets Breakdown (December 2025)
Highlight Tech net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.40 Billion | 45.08% |
| Other Components | NT$1.70 Billion | 54.92% |
| Total Equity | NT$3.10 Billion | 100.00% |
Highlight Tech Competitors by Market Cap
The table below lists competitors of Highlight Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immobel
BR:IMMO
|
$211.03 Million |
|
NeXGold Mining Corp
V:NEXG
|
$211.07 Million |
|
Jiangxi Haiyuan Composites Technology Co Ltd
SHE:002529
|
$211.16 Million |
|
Enjoei S.A
SA:ENJU3
|
$211.17 Million |
|
Selan Exploration Technology Limited
NSE:SELAN
|
$210.95 Million |
|
Valid Soluções S.A
SA:VLID3
|
$210.93 Million |
|
Braiin Limited Common Stock
NASDAQ:BRAI
|
$210.90 Million |
|
Sierra Madre Gold and Silver Ltd
V:SM
|
$210.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highlight Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,088,025,000 to 3,102,044,000, a change of 14,019,000 (0.5%).
- Net income of 238,237,000 contributed positively to equity growth.
- Dividend payments of 243,421,000 reduced retained earnings.
- Share repurchases of 43,569,000 reduced equity.
- New share issuances of 29,577,000 increased equity.
- Other factors increased equity by 33,195,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$238.24 Million | +7.68% |
| Dividends Paid | NT$243.42 Million | -7.85% |
| Share Repurchases | NT$43.57 Million | -1.4% |
| Share Issuances | NT$29.58 Million | +0.95% |
| Other Changes | NT$33.20 Million | +1.07% |
| Total Change | NT$- | 0.45% |
Book Value vs Market Value Analysis
This analysis compares Highlight Tech'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: 2.16x
- 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 4.06x to 2.16x 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$17.47 | NT$70.90 | x |
| 2018-12-31 | NT$18.10 | NT$70.90 | x |
| 2019-12-31 | NT$18.68 | NT$70.90 | x |
| 2020-12-31 | NT$21.51 | NT$70.90 | x |
| 2021-12-31 | NT$21.82 | NT$70.90 | x |
| 2022-12-31 | NT$23.99 | NT$70.90 | x |
| 2023-12-31 | NT$24.37 | NT$70.90 | x |
| 2024-12-31 | NT$32.66 | NT$70.90 | x |
| 2025-12-31 | NT$32.84 | NT$70.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highlight Tech 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): 7.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.35%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.52x
- Recent ROE (7.68%) is below the historical average (12.09%), 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 | 10.39% | 10.69% | 0.71x | 1.36x | NT$6.73 Million |
| 2018 | 11.56% | 9.32% | 0.76x | 1.64x | NT$28.17 Million |
| 2019 | 12.26% | 9.62% | 0.76x | 1.67x | NT$41.99 Million |
| 2020 | 12.18% | 11.47% | 0.51x | 2.07x | NT$52.62 Million |
| 2021 | 14.86% | 11.74% | 0.57x | 2.22x | NT$126.99 Million |
| 2022 | 17.21% | 12.67% | 0.58x | 2.36x | NT$207.30 Million |
| 2023 | 12.24% | 8.49% | 0.58x | 2.49x | NT$65.23 Million |
| 2024 | 10.47% | 8.22% | 0.49x | 2.58x | NT$14.52 Million |
| 2025 | 7.68% | 6.35% | 0.48x | 2.52x | NT$-71.97 Million |
Industry Comparison
This section compares Highlight Tech's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $6,300,157,900
- Average return on equity (ROE) among peers: 10.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highlight Tech (6208) | NT$3.16 Billion | 10.39% | 1.20x | $211.00 Million |
| TECO Electric & Machinery Co Ltd (1504) | $30.80 Billion | 0.00% | 0.92x | $4.89 Billion |
| Chung-Hsin Electric & Machinery Mfg Corp (1513) | $11.65 Billion | 16.80% | 1.94x | $2.30 Billion |
| Anderson Industrial Corp (1528) | $2.30 Billion | -6.77% | 1.31x | $151.60 Million |
| Awea Mechantronic Co Ltd (1530) | $1.91 Billion | 26.71% | 0.69x | $79.57 Million |
| Kaulin Mfg (1531) | $4.99 Billion | 10.51% | 0.31x | $64.26 Million |
| Chiu Ting Machinery Co Ltd (1539) | $1.36 Billion | 24.32% | 1.29x | $31.00 Million |
| Roundtop Machinery Industries Co Ltd (1540) | $1.48 Billion | 6.41% | 0.11x | $48.61 Million |
| Sinmag Equipment (1580) | $2.71 Billion | 12.44% | 0.37x | $147.83 Million |
| Goodway Machine Corp (1583) | $3.87 Billion | 12.46% | 1.36x | $160.96 Million |
| Airtac International Group (1590) | $1.95 Billion | 0.00% | 0.92x | $6.62 Billion |
About Highlight Tech
Highlight Tech Corp. designs, manufactures, sells, retails, wholesales, repairs, and maintains electronic components in Taiwan, Japan, and China. It offers cylindrical, box, D shape, spherical, polygon, bell jar, large, and aluminum vacuum chambers, as well as vacuum modules and systems; vacuum chamber kits; ultra-high vacuum chambers; and vacuum poppet, aluminum alloy angle, vacuum gate, vacuum … Read more