Lian Hong Art. Co., Ltd.
Lian Hong Art. Co., Ltd., together with its subsidiaries, manufactures and sells hub components and other structural metal products in Taiwan, Mainland China, and internationally. The company offers concave cam automatic closing auto lock, dual axis sync, dual axis switch, and center hinges for laptops; wrap-around pipespring and autostand hinges, as well as virtual axis tripod kickstand hinge we… Read more
Lian Hong Art. Co., Ltd. (6755) - Net Assets
Latest net assets as of June 2025: NT$796.32 Million TWD
Based on the latest financial reports, Lian Hong Art. Co., Ltd. (6755) has net assets worth NT$796.32 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.74 Billion) and total liabilities (NT$1.95 Billion). 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$796.32 Million |
| % of Total Assets | 29.03% |
| Annual Growth Rate | 7.49% |
| 5-Year Change | -9.51% |
| 10-Year Change | N/A |
| Growth Volatility | 25.59 |
Lian Hong Art. Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Lian Hong Art. Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lian Hong Art. Co., Ltd. (2019–2024)
The table below shows the annual net assets of Lian Hong Art. Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$866.03 Million | +8.53% |
| 2023-12-31 | NT$797.95 Million | -11.36% |
| 2022-12-31 | NT$900.24 Million | +5.38% |
| 2021-12-31 | NT$854.28 Million | -10.74% |
| 2020-12-31 | NT$957.06 Million | +58.64% |
| 2019-12-31 | NT$603.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lian Hong Art. 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 decreased by 17.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$205.80 Million | 23.98% |
| Common Stock | NT$379.27 Million | 44.19% |
| Other Comprehensive Income | NT$108.63 Million | 12.66% |
| Other Components | NT$164.51 Million | 19.17% |
| Total Equity | NT$858.20 Million | 100.00% |
Lian Hong Art. Co., Ltd. Competitors by Market Cap
The table below lists competitors of Lian Hong Art. Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kingsmen Creatives Ltd
PINK:KMNCF
|
$12.99 Million |
|
Redwood Group Ltd
TWO:8426
|
$12.99 Million |
|
PT Jaya Bersama Indo Tbk
JK:DUCK
|
$12.99 Million |
|
King's Metal Fiber Technologies Co., Ltd.
TWO:6832
|
$13.00 Million |
|
AdVini S.A.
PA:ALAVI
|
$12.98 Million |
|
LMS Co. Ltd
KQ:073110
|
$12.98 Million |
|
Voyageur Pharmaceuticals Ltd
PINK:VYYRF
|
$12.98 Million |
|
Saga Pure ASA
OL:SAGA
|
$12.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lian Hong Art. Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 784,821,000 to 858,202,000, a change of 73,381,000 (9.4%).
- Net income of 29,354,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 162,070,000.
- Other factors decreased equity by 118,043,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$29.35 Million | +3.42% |
| Other Comprehensive Income | NT$162.07 Million | +18.88% |
| Other Changes | NT$-118.04 Million | -13.75% |
| Total Change | NT$- | 9.35% |
Book Value vs Market Value Analysis
This analysis compares Lian Hong Art. 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: 0.77x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.00x to 0.77x 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$16.44 | NT$16.50 | x |
| 2020-12-31 | NT$25.61 | NT$16.50 | x |
| 2021-12-31 | NT$20.55 | NT$16.50 | x |
| 2022-12-31 | NT$22.05 | NT$16.50 | x |
| 2023-12-31 | NT$19.87 | NT$16.50 | x |
| 2024-12-31 | NT$21.55 | NT$16.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lian Hong Art. 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): 3.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.17%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 3.38x
- Recent ROE (3.42%) is below the historical average (7.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 14.49% | 3.52% | 1.19x | 3.47x | NT$24.02 Million |
| 2020 | 27.25% | 7.57% | 1.21x | 2.98x | NT$158.54 Million |
| 2021 | 3.42% | 0.85% | 1.26x | 3.19x | NT$-53.81 Million |
| 2022 | 7.21% | 2.63% | 1.04x | 2.63x | NT$-24.52 Million |
| 2023 | -7.84% | -2.84% | 0.90x | 3.08x | NT$-140.00 Million |
| 2024 | 3.42% | 1.17% | 0.87x | 3.38x | NT$-56.47 Million |
Industry Comparison
This section compares Lian Hong Art. Co., Ltd.'s net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lian Hong Art. Co., Ltd. (6755) | NT$796.32 Million | 14.49% | 2.44x | $12.99 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |