Topview Optronics Corporation
Topview Optronics Corporation manufactures, sells, imports, and exports security surveillance cameras in Taiwan. The company offers video devices with cyber security. It also provides advanced video AIoT solutions through partnerships with third-party providers. In addition, the company offers standard dome, bullet, box, wedge, and turret cameras; wideview PTZ, fisheye, and multi-sensor cameras; … Read more
Topview Optronics Corporation (6556) - Net Assets
Latest net assets as of September 2025: NT$1.57 Billion TWD
Based on the latest financial reports, Topview Optronics Corporation (6556) has net assets worth NT$1.57 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$2.05 Billion) and total liabilities (NT$472.37 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$1.57 Billion |
| % of Total Assets | 76.91% |
| Annual Growth Rate | 8.13% |
| 5-Year Change | 46.69% |
| 10-Year Change | N/A |
| Growth Volatility | 6.39 |
Topview Optronics Corporation - Net Assets Trend (2019–2024)
This chart illustrates how Topview Optronics Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Topview Optronics Corporation (2019–2024)
The table below shows the annual net assets of Topview Optronics Corporation from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.55 Billion | +13.05% |
| 2023-12-31 | NT$1.38 Billion | +2.94% |
| 2022-12-31 | NT$1.34 Billion | +18.01% |
| 2021-12-31 | NT$1.13 Billion | +6.83% |
| 2020-12-31 | NT$1.06 Billion | +0.80% |
| 2019-12-31 | NT$1.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Topview Optronics Corporation'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 140.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$697.18 Million | 45.86% |
| Other Components | NT$823.10 Million | 54.14% |
| Total Equity | NT$1.52 Billion | 100.00% |
Topview Optronics Corporation Competitors by Market Cap
The table below lists competitors of Topview Optronics Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cell MedX Corp
OTCQB:CMXC
|
$27.10 Million |
|
SKY LIGHT HOLDINGS LTD
F:27L
|
$27.11 Million |
|
Western Acquisition Ventures Corp
NASDAQ:WAVS
|
$27.11 Million |
|
Shinhan 11th Special Purpose Acquisition Company Co., Ltd.
KQ:452980
|
$27.11 Million |
|
Foods & Inns Limited
NSE:FOODSIN
|
$27.08 Million |
|
Union Materials Corp
KO:047400
|
$27.07 Million |
|
HYUNDAI BIOLAND Co.Ltd
KQ:052260
|
$27.04 Million |
|
International Gas Product Shipping JSC
VN:GSP
|
$27.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Topview Optronics Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,349,460,000 to 1,520,272,000, a change of 170,812,000 (12.7%).
- Net income of 254,505,000 contributed positively to equity growth.
- Dividend payments of 86,250,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$254.50 Million | +16.74% |
| Dividends Paid | NT$86.25 Million | -5.67% |
| Other Changes | NT$2.56 Million | +0.17% |
| Total Change | NT$- | 12.66% |
Book Value vs Market Value Analysis
This analysis compares Topview Optronics Corporation'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: 1.29x
- 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 1.88x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$36.18 | NT$68.00 | x |
| 2020-12-31 | NT$36.39 | NT$68.00 | x |
| 2021-12-31 | NT$38.82 | NT$68.00 | x |
| 2022-12-31 | NT$45.53 | NT$68.00 | x |
| 2023-12-31 | NT$46.67 | NT$68.00 | x |
| 2024-12-31 | NT$52.88 | NT$68.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Topview Optronics Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.04%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.40x
- Recent ROE (16.74%) is above the historical average (12.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 6.17% | 4.94% | 0.66x | 1.91x | NT$-39.83 Million |
| 2020 | 6.11% | 4.08% | 0.82x | 1.83x | NT$-40.84 Million |
| 2021 | 11.43% | 6.43% | 0.88x | 2.02x | NT$16.07 Million |
| 2022 | 21.61% | 12.64% | 0.91x | 1.88x | NT$153.02 Million |
| 2023 | 13.14% | 9.28% | 0.93x | 1.53x | NT$42.34 Million |
| 2024 | 16.74% | 15.04% | 0.80x | 1.40x | NT$102.48 Million |
Industry Comparison
This section compares Topview Optronics Corporation's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $2,415,730,778
- Average return on equity (ROE) among peers: 10.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Topview Optronics Corporation (6556) | NT$1.57 Billion | 6.17% | 0.30x | $27.10 Million |
| Everspring Industry Co Ltd (2390) | $2.46 Billion | -5.28% | 0.31x | $39.21 Million |
| Hi Sharp Electronics Co Ltd (3128) | $590.65 Million | 5.67% | 0.87x | $29.03 Million |
| Hunt Electronic Co Ltd (3297) | $568.35 Million | -2.36% | 0.41x | $22.22 Million |
| GeoVision Inc (3356) | $1.13 Billion | 47.60% | 0.08x | $92.06 Million |
| Vivotek Inc (3454) | $2.95 Billion | 6.37% | 0.81x | $103.53 Million |
| ACTi Corporation (5240) | $201.01 Million | 18.31% | 1.27x | $14.63 Million |
| EverFocus Electronics Corp (5484) | $985.19 Million | -17.83% | 0.44x | $49.77 Million |
| NUUO Inc. (6419) | $329.40 Million | 21.78% | 0.50x | $22.35 Million |
| Taiwan Secom Co Ltd (9917) | $12.53 Billion | 20.58% | 1.07x | $835.80 Million |