Pili International Multimedia Co Ltd (8450) - Net Assets
Based on the latest financial reports, Pili International Multimedia Co Ltd (8450) has net assets worth NT$414.52 Million TWD (≈ $13.06 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$1.08 Billion ≈ $34.15 Million USD) and total liabilities (NT$669.29 Million ≈ $21.09 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 tangible equity quality of Pili International Multimedia Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$414.52 Million |
| % of Total Assets | 38.25% |
| 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. See Pili International Multimedia Co Ltd (8450) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see Pili International Multimedia Co Ltd market cap and net worth.
| 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 |
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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 |
|---|---|
|
Kincora Copper Ltd
AU:KCC
|
$25.71 Million |
|
Maral Overseas Limited
NSE:MARALOVER
|
$25.72 Million |
|
Australian Gold and Copper Ltd
AU:AGC
|
$25.72 Million |
|
ScandBook Holding AB
ST:SBOK
|
$25.72 Million |
|
Arctic Gold Publ AB
ST:ARCT
|
$25.70 Million |
|
Eminent Gold Corp
V:EMNT
|
$25.70 Million |
|
Bellway PLC
LSE:BWY
|
$25.69 Million |
|
Finbond Group Ltd
JSE:FGL
|
$25.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pili International Multimedia Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 698,070,000 to 414,533,000, a change of -283,537,000 (-40.6%).
- Net loss of 274,153,000 reduced equity.
- Other factors decreased equity by 9,384,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 1.97x
- 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 0.51x to 1.97x 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$15.90 | x |
| 2018-12-31 | NT$32.79 | NT$15.90 | x |
| 2019-12-31 | NT$29.71 | NT$15.90 | x |
| 2020-12-31 | NT$26.80 | NT$15.90 | x |
| 2021-12-31 | NT$22.10 | NT$15.90 | x |
| 2022-12-31 | NT$19.79 | NT$15.90 | x |
| 2023-12-31 | NT$15.64 | NT$15.90 | x |
| 2024-12-31 | NT$13.60 | NT$15.90 | x |
| 2025-12-31 | NT$8.08 | NT$15.90 | 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: $2,614,072,333
- Average return on equity (ROE) among peers: 3.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pili International Multimedia Co Ltd (8450) | NT$414.52 Million | 10.69% | 1.61x | $25.70 Million |
| Deltamac Taiwan Co Ltd (6144) | $383.07 Million | -19.67% | 0.25x | $17.48 Million |
| Dafeng TV Ltd (6184) | $5.93 Billion | 6.94% | 0.55x | $225.14 Million |
| Taiwan Optical Platform Co Ltd (6464) | $6.65 Billion | 9.57% | 0.38x | $316.47 Million |
| Kuang Hong Arts Management (6596) | $539.42 Million | 0.29% | 0.52x | $112.54 Million |
| B’IN Live Co Ltd (6625) | $613.04 Million | 0.94% | 0.86x | $144.65 Million |
| HIM International Music (8446) | $1.57 Billion | 22.12% | 1.05x | $146.54 Million |
About Pili International Multimedia Co Ltd
Pili International Multimedia Co.,Ltd. produces and distributes dramas, TV shows, video tapes, and movies in Taiwan. The company also engages in product and portrait authorization merchandising business. The company was formerly known as Da Chih Entertainment Co., Ltd. and changed its name to Pili International Multimedia Co.,Ltd. in August 2000. Pili International Multimedia Co.,Ltd. was founded… Read more