Axcen Photonics (6530) - Net Assets
Based on the latest financial reports, Axcen Photonics (6530) has net assets worth NT$485.89 Million TWD (≈ $15.31 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$574.73 Million ≈ $18.11 Million USD) and total liabilities (NT$88.84 Million ≈ $2.80 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 6530 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$485.89 Million |
| % of Total Assets | 84.54% |
| Annual Growth Rate | 1.66% |
| 5-Year Change | 8.18% |
| 10-Year Change | N/A |
| Growth Volatility | 3.95 |
Axcen Photonics - Net Assets Trend (2016–2025)
This chart illustrates how Axcen Photonics's net assets have evolved over time, based on quarterly financial data. See Axcen Photonics defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Axcen Photonics (2016–2025)
The table below shows the annual net assets of Axcen Photonics from 2016 to 2025. For live valuation and market cap data, see how much is Axcen Photonics worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$485.89 Million ≈ $15.31 Million |
+2.82% |
| 2024-12-31 | NT$472.54 Million ≈ $14.89 Million |
+3.25% |
| 2023-12-31 | NT$457.65 Million ≈ $14.42 Million |
-1.80% |
| 2022-12-31 | NT$466.02 Million ≈ $14.68 Million |
+3.76% |
| 2021-12-31 | NT$449.15 Million ≈ $14.15 Million |
+0.66% |
| 2020-12-31 | NT$446.19 Million ≈ $14.06 Million |
-1.76% |
| 2019-12-31 | NT$454.18 Million ≈ $14.31 Million |
-1.83% |
| 2018-12-31 | NT$462.66 Million ≈ $14.58 Million |
+11.15% |
| 2017-12-31 | NT$416.24 Million ≈ $13.11 Million |
-0.67% |
| 2016-12-31 | NT$419.04 Million ≈ $13.20 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 91.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$65.73 Million | 13.53% |
| Other Components | NT$420.16 Million | 86.47% |
| Total Equity | NT$485.89 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 |
|---|---|
|
Y.C.C. Parts MFG Co Ltd
TW:1339
|
$101.47 Million |
|
TSKB Gayrimenkul Yatirim Ortakligi AS
IS:TSGYO
|
$101.47 Million |
|
Eimco Elecon (India) Limited
NSE:EIMCOELECO
|
$101.53 Million |
|
Studentbostader I Sverige AB
ST:STUDBO
|
$101.54 Million |
|
Suraj Estate Developers Ltd.
NSE:SURAJEST
|
$101.43 Million |
|
Ablerex Electronics Co Ltd
TWO:3628
|
$101.37 Million |
|
Spheria Emerging Companies Ltd
AU:SEC
|
$101.36 Million |
|
Alpha Astika Akinita S.A
AT:ASTAK
|
$101.36 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 2024 to 2025, total equity changed from 472,543,000 to 485,890,000, a change of 13,347,000 (2.8%).
- Net income of 65,826,000 contributed positively to equity growth.
- Dividend payments of 52,313,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$65.83 Million | +13.55% |
| Dividends Paid | NT$52.31 Million | -10.77% |
| Other Changes | NT$-166.00K | -0.03% |
| Total Change | NT$- | 2.82% |
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: 6.63x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.90x to 6.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$13.82 | NT$95.40 | x |
| 2017-12-31 | NT$13.80 | NT$95.40 | x |
| 2018-12-31 | NT$13.74 | NT$95.40 | x |
| 2019-12-31 | NT$13.39 | NT$95.40 | x |
| 2020-12-31 | NT$13.15 | NT$95.40 | x |
| 2021-12-31 | NT$13.21 | NT$95.40 | x |
| 2022-12-31 | NT$13.65 | NT$95.40 | x |
| 2023-12-31 | NT$13.49 | NT$95.40 | x |
| 2024-12-31 | NT$14.00 | NT$95.40 | x |
| 2025-12-31 | NT$14.40 | NT$95.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axcen Photonics utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.08%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.18x
- Recent ROE (13.55%) is above the historical average (8.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.69% | 8.29% | 0.78x | 1.20x | NT$-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 |
| 2025 | 13.55% | 20.08% | 0.57x | 1.18x | NT$17.24 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: $5,429,866,600
- Average return on equity (ROE) among peers: 3.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axcen Photonics (6530) | NT$485.89 Million | 7.69% | 0.18x | $101.44 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $22.25 Million |
| Tecom Co Ltd (2321) | $4.84 Billion | 0.00% | 0.91x | $12.74 Million |
| D-Link Corp (2332) | $9.00 Billion | 2.66% | 0.61x | $343.15 Million |
| Accton Technology Corp (2345) | $20.43 Billion | 39.97% | 1.25x | $43.93 Billion |
| Hitron Technologies Inc (2419) | $3.48 Billion | 6.42% | 1.06x | $300.15 Million |
| Abocom Systems Inc (2444) | $1.33 Billion | 0.00% | 1.55x | $43.84 Million |
| Zinwell Corporation (2485) | $7.16 Billion | 8.46% | 0.31x | $630.56 Million |
| Loop Telecommunication International Inc (3025) | $926.82 Million | 10.19% | 0.29x | $126.02 Million |
| Edimax Technology Co Ltd (3047) | $453.99 Million | 0.00% | 2.16x | $118.88 Million |
| CyberTAN Technology Inc (3062) | $4.22 Billion | 8.99% | 0.40x | $265.14 Million |
About Axcen Photonics
Axcen Photonics Corporation research and development, production, and sales of optical equipment and telecommunications equipment in Taiwan. The company offers 25G SFP28, Video SFP, CSFP, 10G SFP+, 1x9, SFP, Copper SFP, BIDI SFP, BIDI 1x9, 2x5 SFF, GEPON SFF, and CWDM SFP. It also provides application design, testing, maintenance and technical consulting services. Axcen Photonics Corporation was … Read more