Axcen Photonics
Axcen Photonics Corporation research and development, production, and sales of optical equipment and telecommunications equipment in Taiwan. It offers 25G SFP28, Video SFP, CSFP, 10G SFP+, 1x9, SFP, Copper SFP, BIDI SFP, BIDI 1x9, 2x5 SFF, GEPON SFF, and CWDM SFP. The company was founded in 2002 and is based in New Taipei City, Taiwan.
Axcen Photonics (6530) - Net Assets
Latest net assets as of September 2025: NT$467.48 Million TWD
Based on the latest financial reports, Axcen Photonics (6530) has net assets worth NT$467.48 Million 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$532.15 Million) and total liabilities (NT$64.67 Million). 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$467.48 Million |
| % of Total Assets | 87.85% |
| Annual Growth Rate | 1.51% |
| 5-Year Change | 5.91% |
| 10-Year Change | N/A |
| Growth Volatility | 4.17 |
Axcen Photonics - Net Assets Trend (2016–2024)
This chart illustrates how Axcen Photonics's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Axcen Photonics (2016–2024)
The table below shows the annual net assets of Axcen Photonics from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$472.54 Million | +3.25% |
| 2023-12-31 | NT$457.65 Million | -1.80% |
| 2022-12-31 | NT$466.02 Million | +3.76% |
| 2021-12-31 | NT$449.15 Million | +0.66% |
| 2020-12-31 | NT$446.19 Million | -1.76% |
| 2019-12-31 | NT$454.18 Million | -1.83% |
| 2018-12-31 | NT$462.66 Million | +11.15% |
| 2017-12-31 | NT$416.24 Million | -0.67% |
| 2016-12-31 | NT$419.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axcen Photonics'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 61.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$55.49 Million | 11.74% |
| Other Components | NT$417.05 Million | 88.26% |
| Total Equity | NT$472.54 Million | 100.00% |
Axcen Photonics Competitors by Market Cap
The table below lists competitors of Axcen Photonics ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enphys Acquisition Corp.
PINK:NFSCF
|
$57.94 Million |
|
UOA Real Estate Investment Trust
KLSE:5110
|
$57.95 Million |
|
Virco Manufacturing Corporation
NASDAQ:VIRC
|
$57.96 Million |
|
HK TELEVISION NET - Frankfurt Stock Exchang
F:XHN1
|
$58.01 Million |
|
Far East Holdings Bhd
KLSE:5029
|
$57.88 Million |
|
RiTdisplay Corp
TW:8104
|
$57.85 Million |
|
HLE Glascoat Limited
NSE:HLEGLAS
|
$57.84 Million |
|
China South City Holdings Limited
F:CS4
|
$57.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axcen Photonics's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 457,649,000 to 472,543,000, a change of 14,894,000 (3.3%).
- Net income of 55,396,000 contributed positively to equity growth.
- Dividend payments of 40,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 29,142,000.
- Other factors increased equity by 29,140,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$55.40 Million | +11.72% |
| Dividends Paid | NT$40.50 Million | -8.57% |
| Other Comprehensive Income | NT$-29.14 Million | -6.17% |
| Other Changes | NT$29.14 Million | +6.17% |
| Total Change | NT$- | 3.25% |
Book Value vs Market Value Analysis
This analysis compares Axcen Photonics'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: 5.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$13.82 | NT$82.20 | x |
| 2017-12-31 | NT$13.80 | NT$82.20 | x |
| 2018-12-31 | NT$13.74 | NT$82.20 | x |
| 2019-12-31 | NT$13.39 | NT$82.20 | x |
| 2020-12-31 | NT$13.15 | NT$82.20 | x |
| 2021-12-31 | NT$13.21 | NT$82.20 | x |
| 2022-12-31 | NT$13.65 | NT$82.20 | x |
| 2023-12-31 | NT$13.49 | NT$82.20 | x |
| 2024-12-31 | NT$14.00 | NT$82.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axcen Photonics utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.72%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.72%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.15x
- Recent ROE (11.72%) is above the historical average (7.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.69% | 8.29% | 0.78x | 1.20x | NT$-9.70 Million |
| 2017 | 6.57% | 7.67% | 0.72x | 1.18x | NT$-14.28 Million |
| 2018 | 5.02% | 8.21% | 0.54x | 1.13x | NT$-23.02 Million |
| 2019 | 5.56% | 10.07% | 0.50x | 1.10x | NT$-20.14 Million |
| 2020 | 5.78% | 10.35% | 0.50x | 1.13x | NT$-18.81 Million |
| 2021 | 8.17% | 13.53% | 0.53x | 1.14x | NT$-8.22 Million |
| 2022 | 11.54% | 19.61% | 0.51x | 1.16x | NT$7.17 Million |
| 2023 | 9.22% | 16.76% | 0.49x | 1.13x | NT$-3.55 Million |
| 2024 | 11.72% | 19.72% | 0.52x | 1.15x | NT$8.14 Million |
Industry Comparison
This section compares Axcen Photonics's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,087,269,200
- Average return on equity (ROE) among peers: -4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axcen Photonics (6530) | NT$467.48 Million | 7.69% | 0.14x | $57.94 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $36.51 Million |
| Tecom Co Ltd (2321) | $530.15 Million | -16.22% | 4.00x | $4.22 Million |
| D-Link Corp (2332) | $13.60 Billion | 4.76% | 0.80x | $217.00 Million |
| Accton Technology Corp (2345) | $6.43 Billion | -9.64% | 0.97x | $22.08 Billion |
| Hitron Technologies Inc (2419) | $1.72 Billion | 0.29% | 1.37x | $106.12 Million |
| Abocom Systems Inc (2444) | $1.08 Billion | 1.09% | 1.04x | $38.22 Million |
| Zinwell Corporation (2485) | $6.81 Billion | 0.46% | 0.24x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $665.75 Million | 0.00% | 0.74x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $2.57 Billion | 5.51% | 0.79x | $96.92 Million |
| CyberTAN Technology Inc (3062) | $5.01 Billion | 1.39% | 0.48x | $227.43 Million |