Pili International Multimedia Co Ltd (8450) - Net Assets

Latest as of March 2026: NT$436.16 Million TWD ≈ $13.74 Million USD

Based on the latest financial reports, Pili International Multimedia Co Ltd (8450) has net assets worth NT$436.16 Million TWD (≈ $13.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$995.67 Million ≈ $31.37 Million USD) and total liabilities (NT$559.52 Million ≈ $17.63 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 Pili International Multimedia Co Ltd (8450) strategic investment index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$436.16 Million
% of Total Assets	43.81%
Annual Growth Rate	-11.83%
5-Year Change	-63.56%
10-Year Change	-76.45%
Growth Volatility	15.13

Pili International Multimedia Co Ltd - Net Assets Trend (2015–2025)

This chart illustrates how Pili International Multimedia Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Pili International Multimedia Co Ltd stock valuation.

Annual Net Assets for Pili International Multimedia Co Ltd (2015–2025)

The table below shows the annual net assets of Pili International Multimedia Co Ltd from 2015 to 2025. Also explore 8450 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	NT$414.52 Million ≈ $13.06 Million	-40.89%
2024-12-31	NT$701.32 Million ≈ $22.10 Million	-12.78%
2023-12-31	NT$804.07 Million ≈ $25.33 Million	-21.05%
2022-12-31	NT$1.02 Billion ≈ $32.09 Million	-10.46%
2021-12-31	NT$1.14 Billion ≈ $35.84 Million	-17.29%
2020-12-31	NT$1.38 Billion ≈ $43.33 Million	-9.79%
2019-12-31	NT$1.52 Billion ≈ $48.03 Million	-11.78%
2018-12-31	NT$1.73 Billion ≈ $54.44 Million	+4.11%
2017-12-31	NT$1.66 Billion ≈ $52.29 Million	-5.72%
2016-12-31	NT$1.76 Billion ≈ $55.46 Million	+20.55%
2015-12-31	NT$1.46 Billion ≈ $46.01 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Pili International Multimedia 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 295.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	NT$974.60 Million	235.11%
Total Equity	NT$414.53 Million	100.00%

Pili International Multimedia Co Ltd Competitors by Market Cap

The table below lists competitors of Pili International Multimedia Co Ltd ranked by their market capitalization.

Company	Market Cap
Microfriend Inc KQ:147760	$22.88 Million
Indofarma Tbk JK:INAF	$22.88 Million
Pulsenmore Ltd TA:PULS	$22.89 Million
DGR Global Ltd AU:DGR	$22.89 Million
Mistral Iberia Real Estate SOCIMI S.A. MC:YMIB	$22.87 Million
Cosmos Technology International Berhad KLSE:0261	$22.86 Million
Bluglass Ltd AU:BLG	$22.86 Million
Gryphon Digital Mining Inc. NASDAQ:GRYP	$22.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pili International Multimedia Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 698,070,000 to 414,533,000, a change of -283,537,000 (-40.6%).
Net loss of 274,153,000 reduced equity.
Other factors decreased equity by 9,384,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$-274.15 Million	-66.14%
Other Changes	NT$-9.38 Million	-2.26%
Total Change	NT$-	-40.62%

Book Value vs Market Value Analysis

This analysis compares Pili International Multimedia 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: 1.75x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.45x to 1.75x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	NT$31.43	NT$14.15	x
2018-12-31	NT$32.79	NT$14.15	x
2019-12-31	NT$29.71	NT$14.15	x
2020-12-31	NT$26.80	NT$14.15	x
2021-12-31	NT$22.10	NT$14.15	x
2022-12-31	NT$19.79	NT$14.15	x
2023-12-31	NT$15.64	NT$14.15	x
2024-12-31	NT$13.60	NT$14.15	x
2025-12-31	NT$8.08	NT$14.15	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pili International Multimedia 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): -66.14%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -115.28%
• Asset Turnover: 0.22x
• Equity Multiplier: 2.61x
Recent ROE (-66.14%) is below the historical average (-11.11%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	10.69%	23.01%	0.29x	1.61x	NT$9.59 Million
2016	9.47%	23.17%	0.31x	1.33x	NT$-9.02 Million
2017	0.25%	0.64%	0.30x	1.32x	NT$-157.16 Million
2018	6.16%	15.58%	0.34x	1.17x	NT$-64.55 Million
2019	-3.92%	-10.04%	0.33x	1.17x	NT$-212.14 Million
2020	-10.77%	-31.88%	0.29x	1.18x	NT$-285.61 Million
2021	-20.82%	-55.15%	0.24x	1.60x	NT$-349.47 Million
2022	-11.99%	-30.43%	0.23x	1.72x	NT$-223.27 Million
2023	-23.71%	-59.53%	0.20x	2.00x	NT$-270.48 Million
2024	-11.41%	-30.38%	0.18x	2.07x	NT$-149.48 Million
2025	-66.14%	-115.28%	0.22x	2.61x	NT$-315.61 Million

Industry Comparison

This section compares Pili International Multimedia Co Ltd's net assets metrics with peer companies in the Entertainment industry.

Industry Context

Industry: Entertainment
Average net assets among peers: $2,015,216,000
Average return on equity (ROE) among peers: 17.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pili International Multimedia Co Ltd (8450)	NT$436.16 Million	10.69%	1.28x	$22.87 Million
Deltamac Taiwan Co Ltd (6144)	$336.63 Million	-5.46%	0.14x	$15.49 Million
Dafeng TV Ltd (6184)	$1.27 Billion	19.49%	0.10x	$195.65 Million
Taiwan Optical Platform Co Ltd (6464)	$6.55 Billion	10.64%	2.04x	$329.13 Million
Kuang Hong Arts Management (6596)	$833.41 Million	21.55%	0.86x	$116.13 Million
B’IN Live Co Ltd (6625)	$861.15 Million	34.23%	0.94x	$137.17 Million
HIM International Music (8446)	$2.23 Billion	24.43%	0.31x	$141.20 Million

About Pili International Multimedia Co Ltd

TWO:8450 Taiwan Entertainment

Market Cap

$22.87 Million

NT$726.04 Million TWD

Market Cap Rank

#24787 Global

#1538 in Taiwan

Share Price

NT$14.15

Change (1 day)

+0.00%

52-Week Range

NT$14.05 - NT$18.15

All Time High

NT$93.97