Y-S Electronic Co Ltd (6418) - Net Assets
Based on the latest financial reports, Y-S Electronic Co Ltd (6418) has net assets worth NT$507.39 Million TWD (≈ $15.99 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$970.31 Million ≈ $30.57 Million USD) and total liabilities (NT$462.91 Million ≈ $14.58 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 Y-S Electronic Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$507.39 Million |
| % of Total Assets | 52.29% |
| Annual Growth Rate | 12.89% |
| 5-Year Change | 12.72% |
| 10-Year Change | 23.84% |
| Growth Volatility | 41.6 |
Y-S Electronic Co Ltd - Net Assets Trend (2010–2025)
This chart illustrates how Y-S Electronic Co Ltd's net assets have evolved over time, based on quarterly financial data. See 6418 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Y-S Electronic Co Ltd (2010–2025)
The table below shows the annual net assets of Y-S Electronic Co Ltd from 2010 to 2025. For live valuation and market cap data, see market value of Y-S Electronic Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$507.39 Million ≈ $15.99 Million |
-2.19% |
| 2024-12-31 | NT$518.77 Million ≈ $16.34 Million |
+2.19% |
| 2023-12-31 | NT$507.67 Million ≈ $15.99 Million |
+5.26% |
| 2022-12-31 | NT$482.28 Million ≈ $15.19 Million |
+7.14% |
| 2021-12-31 | NT$450.13 Million ≈ $14.18 Million |
-6.58% |
| 2020-12-31 | NT$481.81 Million ≈ $15.18 Million |
-2.09% |
| 2019-12-31 | NT$492.11 Million ≈ $15.50 Million |
+15.88% |
| 2018-12-31 | NT$424.68 Million ≈ $13.38 Million |
+1.09% |
| 2017-12-31 | NT$420.11 Million ≈ $13.24 Million |
+2.53% |
| 2016-12-31 | NT$409.72 Million ≈ $12.91 Million |
+8.56% |
| 2015-12-31 | NT$377.43 Million ≈ $11.89 Million |
+5.54% |
| 2014-12-31 | NT$357.62 Million ≈ $11.27 Million |
+2.42% |
| 2013-12-31 | NT$349.18 Million ≈ $11.00 Million |
-14.40% |
| 2012-12-31 | NT$407.92 Million ≈ $12.85 Million |
+125.65% |
| 2011-12-31 | NT$180.78 Million ≈ $5.70 Million |
+119.76% |
| 2010-12-31 | NT$82.26 Million ≈ $2.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Y-S Electronic 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 38.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$42.29 Million | 8.34% |
| Other Components | NT$465.10 Million | 91.66% |
| Total Equity | NT$507.39 Million | 100.00% |
Y-S Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Y-S Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duxton Farms Ltd
AU:DBF
|
$34.49 Million |
|
Radana Bhaskara Finance Tbk
JK:HDFA
|
$34.50 Million |
|
Indonesia Pondasi Raya Tbk PT
JK:IDPR
|
$34.51 Million |
|
S. Khonkaen Foods Public Company Limited
BK:SORKON
|
$34.51 Million |
|
Diagnostic Medical Systems SA
PA:ALDMS
|
$34.47 Million |
|
Focus Graphite Inc
V:FMS
|
$34.46 Million |
|
Prime Oil Chemical Service Corp
TW:2904
|
$34.45 Million |
|
Starcore International Mines Ltd
TO:SAM
|
$34.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Y-S Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 518,775,000 to 507,394,000, a change of -11,381,000 (-2.2%).
- Net income of 25,154,000 contributed positively to equity growth.
- Dividend payments of 37,974,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$25.15 Million | +4.96% |
| Dividends Paid | NT$37.97 Million | -7.48% |
| Other Changes | NT$1.44 Million | +0.28% |
| Total Change | NT$- | -2.19% |
Book Value vs Market Value Analysis
This analysis compares Y-S Electronic 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: 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 2.30x 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$13.79 | NT$31.70 | x |
| 2018-12-31 | NT$13.94 | NT$31.70 | x |
| 2019-12-31 | NT$14.25 | NT$31.70 | x |
| 2020-12-31 | NT$13.95 | NT$31.70 | x |
| 2021-12-31 | NT$13.03 | NT$31.70 | x |
| 2022-12-31 | NT$13.96 | NT$31.70 | x |
| 2023-12-31 | NT$14.70 | NT$31.70 | x |
| 2024-12-31 | NT$15.03 | NT$31.70 | x |
| 2025-12-31 | NT$14.70 | NT$31.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Y-S Electronic Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.22%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.91x
- Recent ROE (4.96%) is below the historical average (6.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.66% | 0.95% | 1.37x | 2.06x | NT$-25.63 Million |
| 2014 | 4.43% | 1.67% | 1.25x | 2.13x | NT$-19.92 Million |
| 2015 | 9.69% | 3.95% | 1.28x | 1.91x | NT$-1.18 Million |
| 2016 | 15.71% | 6.52% | 1.37x | 1.76x | NT$23.38 Million |
| 2017 | 14.55% | 6.26% | 1.32x | 1.76x | NT$19.12 Million |
| 2018 | 11.10% | 5.42% | 1.28x | 1.61x | NT$4.66 Million |
| 2019 | 1.28% | 0.69% | 1.23x | 1.50x | NT$-42.93 Million |
| 2020 | 1.21% | 0.78% | 1.05x | 1.47x | NT$-42.35 Million |
| 2021 | -5.21% | -2.66% | 0.83x | 2.36x | NT$-68.47 Million |
| 2022 | 5.43% | 3.20% | 0.80x | 2.12x | NT$-22.04 Million |
| 2023 | 9.40% | 5.76% | 0.82x | 1.98x | NT$-3.02 Million |
| 2024 | 7.34% | 4.79% | 0.79x | 1.95x | NT$-13.79 Million |
| 2025 | 4.96% | 3.22% | 0.81x | 1.91x | NT$-25.59 Million |
Industry Comparison
This section compares Y-S Electronic Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $159,345,053,500
- Average return on equity (ROE) among peers: 6.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Y-S Electronic Co Ltd (6418) | NT$507.39 Million | 2.66% | 0.91x | $34.48 Million |
| Syncmold Enterprise Corp (1582) | $184.49 Million | 15.30% | 0.73x | $415.89 Million |
| Fulltech Fiber Glass (1815) | $6.62 Billion | -7.24% | 1.18x | $1.56 Billion |
| Delta Electronics Inc (2308) | $33.12 Billion | 20.11% | 0.96x | $176.36 Billion |
| Compeq Manufacturing Co Ltd (2313) | $15.58 Billion | 6.24% | 1.23x | $9.91 Billion |
| WUS Printed Circuit Co Ltd (2316) | $5.86 Billion | -8.61% | 1.01x | $1.07 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $119.65 Billion |
| Yageo Corp (2327) | $31.33 Billion | 21.85% | 1.22x | $64.25 Billion |
| Pan-International Industrial Corp (2328) | $11.32 Billion | 2.51% | 0.66x | $859.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $6.89 Billion | 10.93% | 0.75x | $726.35 Million |
| Solomon Technology Corp (2359) | $3.80 Billion | 0.00% | 1.33x | $712.68 Million |
About Y-S Electronic Co Ltd
Y-S Electronic Co., Ltd. manufactures and sells cable assemblies, connectors, and PCB assemblies in Taiwan, rest of Asia, and internationally. The company offers cable assemblies and adapters, such as DisplayPort and Mini DisplayPort, DVI, VGA, USB Type C, USB 2.0/USB 3.1, coupler adaptors, industrial cables, waterproof and medical cables, KVM cables, LAN/network/patch cables, D Sub, RS 232, PS/2… Read more