Bright LED Electronics Corp. Logo

Bright LED Electronics Corp.

3031.TW

(2.0)
Stock Price

23,95 TWD

5.61% ROA

7.05% ROE

17.12x PER

Market Cap.

3.550.661.500,00 TWD

3.09% DER

3.9% Yield

17.97% NPM

Bright LED Electronics Corp. Stock Analysis

Bright LED Electronics Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Bright LED Electronics Corp. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (4%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

ROE in an average range (3.86%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (3.41%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.01x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (147), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Bright LED Electronics Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Bright LED Electronics Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Bright LED Electronics Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Bright LED Electronics Corp. Revenue
Year Revenue Growth
2009 4.321.686.000
2010 5.187.498.000 16.69%
2011 4.334.311.000 -19.68%
2012 3.327.511.000 -30.26%
2013 2.762.165.000 -20.47%
2014 2.451.009.000 -12.7%
2015 2.048.934.000 -19.62%
2016 2.168.224.000 5.5%
2017 1.972.727.000 -9.91%
2018 1.650.740.000 -19.51%
2019 1.763.659.000 6.4%
2020 1.375.687.000 -28.2%
2021 1.532.086.000 10.21%
2022 1.508.924.000 -1.54%
2023 1.017.184.000 -48.34%
2023 1.132.587.000 10.19%
2024 1.410.160.000 19.68%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Bright LED Electronics Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2009 34.462.000
2010 28.239.000 -22.04%
2011 42.178.000 33.05%
2012 27.488.000 -53.44%
2013 24.778.000 -10.94%
2014 27.649.000 10.38%
2015 28.577.000 3.25%
2016 23.699.000 -20.58%
2017 16.285.000 -45.53%
2018 15.973.000 -1.95%
2019 14.122.000 -13.11%
2020 13.778.000 -2.5%
2021 11.826.000 -16.51%
2022 10.062.000 -17.53%
2023 11.864.000 15.19%
2023 10.915.000 -8.69%
2024 12.368.000 11.75%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Bright LED Electronics Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 143.463.000
2010 154.875.000 7.37%
2011 214.195.000 27.69%
2012 225.829.000 5.15%
2013 334.644.000 32.52%
2014 331.670.000 -0.9%
2015 273.017.000 -21.48%
2016 242.240.000 -12.71%
2017 271.117.000 10.65%
2018 260.577.000 -4.04%
2019 223.688.000 -16.49%
2020 206.748.000 -8.19%
2021 213.167.000 3.01%
2022 189.796.000 -12.31%
2023 181.292.000 -4.69%
2023 183.745.000 1.34%
2024 184.376.000 0.34%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Bright LED Electronics Corp. EBITDA
Year EBITDA Growth
2009 737.324.000
2010 782.392.000 5.76%
2011 595.817.000 -31.31%
2012 -56.852.000 1148.01%
2013 370.892.000 115.33%
2014 306.458.000 -21.03%
2015 167.577.000 -82.88%
2016 338.888.000 50.55%
2017 322.981.000 -4.93%
2018 207.265.000 -55.83%
2019 385.137.000 46.18%
2020 294.840.000 -30.63%
2021 385.091.000 23.44%
2022 280.527.000 -37.27%
2023 296.140.000 5.27%
2023 287.416.000 -3.04%
2024 240.312.000 -19.6%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Bright LED Electronics Corp. Gross Profit
Year Gross Profit Growth
2009 723.346.000
2010 979.487.000 26.15%
2011 611.057.000 -60.29%
2012 233.120.000 -162.12%
2013 410.722.000 43.24%
2014 367.486.000 -11.77%
2015 256.855.000 -43.07%
2016 422.460.000 39.2%
2017 470.029.000 10.12%
2018 347.114.000 -35.41%
2019 424.542.000 18.24%
2020 377.486.000 -12.47%
2021 439.572.000 14.12%
2022 365.349.000 -20.32%
2023 292.556.000 -24.88%
2023 306.520.000 4.56%
2024 392.028.000 21.81%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Bright LED Electronics Corp. Net Profit
Year Net Profit Growth
2009 241.554.000
2010 324.626.000 25.59%
2011 177.516.000 -82.87%
2012 -356.087.000 149.85%
2013 32.336.000 1201.21%
2014 90.329.000 64.2%
2015 -14.379.000 728.2%
2016 176.586.000 108.14%
2017 209.660.000 15.78%
2018 109.022.000 -92.31%
2019 234.486.000 53.51%
2020 128.125.000 -83.01%
2021 249.233.000 48.59%
2022 200.380.000 -24.38%
2023 180.200.000 -11.2%
2023 181.547.000 0.74%
2024 226.200.000 19.74%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Bright LED Electronics Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 1
2010 2 0%
2011 1 0%
2012 -2 100%
2013 0 0%
2014 0 0%
2015 0 0%
2016 1 0%
2017 1 100%
2018 1 0%
2019 1 100%
2020 1 0%
2021 1 100%
2022 1 0%
2023 1 0%
2023 1 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Bright LED Electronics Corp. Free Cashflow
Year Free Cashflow Growth
2009 445.990.000
2010 -360.248.000 223.8%
2011 178.871.000 301.4%
2012 495.392.000 63.89%
2013 1.273.704.000 61.11%
2014 42.283.000 -2912.33%
2015 191.197.000 77.89%
2016 138.464.000 -38.08%
2017 54.071.000 -156.08%
2018 264.562.000 79.56%
2019 259.537.000 -1.94%
2020 293.413.000 11.55%
2021 136.449.000 -115.03%
2022 107.004.000 -27.52%
2023 -116.440.000 191.9%
2023 162.941.000 171.46%
2024 28.779.000 -466.18%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Bright LED Electronics Corp. Operating Cashflow
Year Operating Cashflow Growth
2009 804.477.000
2010 -21.357.000 3866.81%
2011 418.753.000 105.1%
2012 552.728.000 24.24%
2013 1.316.444.000 58.01%
2014 529.182.000 -148.77%
2015 286.654.000 -84.61%
2016 178.303.000 -60.77%
2017 92.740.000 -92.26%
2018 298.632.000 68.95%
2019 271.361.000 -10.05%
2020 301.901.000 10.12%
2021 163.442.000 -84.71%
2022 111.837.000 -46.14%
2023 83.969.000 -33.19%
2023 172.206.000 51.24%
2024 35.567.000 -384.17%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Bright LED Electronics Corp. Capital Expenditure
Year Capital Expenditure Growth
2009 358.487.000
2010 338.891.000 -5.78%
2011 239.882.000 -41.27%
2012 57.336.000 -318.38%
2013 42.740.000 -34.15%
2014 486.899.000 91.22%
2015 95.457.000 -410.07%
2016 39.839.000 -139.61%
2017 38.669.000 -3.03%
2018 34.070.000 -13.5%
2019 11.824.000 -188.14%
2020 8.488.000 -39.3%
2021 26.993.000 68.55%
2022 4.833.000 -458.51%
2023 200.409.000 97.59%
2023 9.265.000 -2063.08%
2024 6.788.000 -36.49%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Bright LED Electronics Corp. Equity
Year Equity Growth
2009 3.198.975.000
2010 3.331.216.000 3.97%
2011 3.459.156.000 3.7%
2012 2.817.495.000 -22.77%
2013 2.957.472.000 4.73%
2014 3.036.843.000 2.61%
2015 2.885.648.000 -5.24%
2016 2.918.654.000 1.13%
2017 2.862.732.000 -1.95%
2018 2.784.155.000 -2.82%
2019 2.847.012.000 2.21%
2020 2.819.564.000 -0.97%
2021 3.028.698.000 6.91%
2022 2.983.241.000 -1.52%
2023 3.043.119.000 1.97%
2023 3.087.067.000 1.42%
2024 3.047.323.000 -1.3%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Bright LED Electronics Corp. Assets
Year Assets Growth
2009 5.080.299.000
2010 6.142.608.000 17.29%
2011 6.175.709.000 0.54%
2012 5.291.220.000 -16.72%
2013 3.757.029.000 -40.84%
2014 3.878.541.000 3.13%
2015 3.772.079.000 -2.82%
2016 3.739.899.000 -0.86%
2017 3.512.269.000 -6.48%
2018 3.354.246.000 -4.71%
2019 3.533.587.000 5.08%
2020 3.480.064.000 -1.54%
2021 3.665.160.000 5.05%
2022 3.565.948.000 -2.78%
2023 3.568.818.000 0.08%
2023 3.638.241.000 1.91%
2024 3.699.593.000 1.66%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Bright LED Electronics Corp. Liabilities
Year Liabilities Growth
2009 1.881.324.000
2010 2.811.392.000 33.08%
2011 2.716.553.000 -3.49%
2012 2.473.725.000 -9.82%
2013 799.557.000 -209.39%
2014 841.698.000 5.01%
2015 886.431.000 5.05%
2016 821.245.000 -7.94%
2017 649.537.000 -26.44%
2018 570.091.000 -13.94%
2019 686.575.000 16.97%
2020 660.500.000 -3.95%
2021 636.462.000 -3.78%
2022 582.707.000 -9.23%
2023 525.699.000 -10.84%
2023 551.174.000 4.62%
2024 652.270.000 15.5%

Bright LED Electronics Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.66
Net Income per Share
1.2
Price to Earning Ratio
17.12x
Price To Sales Ratio
3.08x
POCF Ratio
19.41
PFCF Ratio
33.59
Price to Book Ratio
1.2
EV to Sales
2.63
EV Over EBITDA
11.1
EV to Operating CashFlow
16.61
EV to FreeCashFlow
28.76
Earnings Yield
0.06
FreeCashFlow Yield
0.03
Market Cap
3,55 Bil.
Enterprise Value
3,04 Bil.
Graham Number
21.42
Graham NetNet
5.22

Income Statement Metrics

Net Income per Share
1.2
Income Quality
0.79
ROE
0.07
Return On Assets
0.06
Return On Capital Employed
0.05
Net Income per EBT
0.92
EBT Per Ebit
1.53
Ebit per Revenue
0.13
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.16
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.28
Operating Profit Margin
0.13
Pretax Profit Margin
0.2
Net Profit Margin
0.18

Dividends

Dividend Yield
0.04
Dividend Yield %
3.9
Payout Ratio
0.71
Dividend Per Share
0.8

Operating Metrics

Operating Cashflow per Share
1.06
Free CashFlow per Share
0.61
Capex to Operating CashFlow
0.42
Capex to Revenue
0.07
Capex to Depreciation
1.31
Return on Invested Capital
0.04
Return on Tangible Assets
0.06
Days Sales Outstanding
275.77
Days Payables Outstanding
97.41
Days of Inventory on Hand
75.73
Receivables Turnover
1.32
Payables Turnover
3.75
Inventory Turnover
4.82
Capex per Share
0.45

Balance Sheet

Cash per Share
4,72
Book Value per Share
17,59
Tangible Book Value per Share
17.59
Shareholders Equity per Share
17.02
Interest Debt per Share
0.55
Debt to Equity
0.03
Debt to Assets
0.02
Net Debt to EBITDA
-1.87
Current Ratio
3.43
Tangible Asset Value
3,05 Bil.
Net Current Asset Value
1,29 Bil.
Invested Capital
1816496999
Working Capital
1,37 Bil.
Intangibles to Total Assets
-0
Average Receivables
0,88 Bil.
Average Payables
0,22 Bil.
Average Inventory
183541500
Debt to Market Cap
0.03

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Bright LED Electronics Corp. Dividends
Year Dividends Growth
2002 0
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 100%
2009 1 0%
2010 1 0%
2011 1 100%
2012 1 0%
2014 0 0%
2015 1 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 100%
2023 1 0%
2024 1 0%

Bright LED Electronics Corp. Profile

About Bright LED Electronics Corp.

Bright LED Electronics Corp. manufactures and sells light-emitting diode, indicator lights, displays, and other products in China, Taiwan, Korea, the United States, and internationally. The company offers PCBA products, such as motor, sensor, and LED light bar assemblies; LED components comprising lamps, displays, SMDs, PLCC, and infrared; and LED indoor, outdoor, and specialty lighting products. It also engages in the producing and processing of LED die and artificial crystals; import and export business; and PCB processing activities. The company offers its products for applications in 3C industry, lighting market, automotive market, and other markets. Bright LED Electronics Corp. was founded in 1981 and is based in New Taipei City, Taiwan.

CEO
Mr. Tsung-Jen Liaw
Employee
288
Address
No.19, Heping Road
New Taipei City, 22061

Bright LED Electronics Corp. Executives & BODs

Bright LED Electronics Corp. Executives & BODs
# Name Age
1 Mr. Tsung-Jen Liaw
Chairman, President & Chief Executive Officer
70
2 Ms. Mei-Lien Lin
Financial & Accounting Manager and Director of Financial Management Department
70
3 Ms. Hsin-Pei Liao
Director of Operation Mgt., Head of Corporate Governance & Chief Sustainability Officer and Director
70

Bright LED Electronics Corp. Competitors