Gordon Auto Body Parts Co Ltd (1524) - Net Assets
Based on the latest financial reports, Gordon Auto Body Parts Co Ltd (1524) has net assets worth NT$3.02 Billion TWD (≈ $95.01 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$5.20 Billion ≈ $163.80 Million USD) and total liabilities (NT$2.18 Billion ≈ $68.79 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 how tangible is Gordon Auto Body Parts Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$3.02 Billion |
| % of Total Assets | 58.01% |
| Annual Growth Rate | 3.43% |
| 5-Year Change | 34.19% |
| 10-Year Change | 43.21% |
| Growth Volatility | 6.9 |
Gordon Auto Body Parts Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Gordon Auto Body Parts Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Gordon Auto Body Parts Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gordon Auto Body Parts Co Ltd (2002–2025)
The table below shows the annual net assets of Gordon Auto Body Parts Co Ltd from 2002 to 2025. For live valuation and market cap data, see market value of Gordon Auto Body Parts Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.02 Billion ≈ $95.01 Million |
-2.68% |
| 2024-12-31 | NT$3.10 Billion ≈ $97.63 Million |
+14.86% |
| 2023-12-31 | NT$2.70 Billion ≈ $85.00 Million |
+6.81% |
| 2022-12-31 | NT$2.53 Billion ≈ $79.58 Million |
+12.40% |
| 2021-12-31 | NT$2.25 Billion ≈ $70.81 Million |
+1.97% |
| 2020-12-31 | NT$2.20 Billion ≈ $69.44 Million |
-6.01% |
| 2019-12-31 | NT$2.34 Billion ≈ $73.87 Million |
+3.36% |
| 2018-12-31 | NT$2.27 Billion ≈ $71.47 Million |
+5.04% |
| 2017-12-31 | NT$2.16 Billion ≈ $68.04 Million |
+2.55% |
| 2016-12-31 | NT$2.11 Billion ≈ $66.35 Million |
+11.94% |
| 2015-12-31 | NT$1.88 Billion ≈ $59.27 Million |
-8.90% |
| 2014-12-31 | NT$2.07 Billion ≈ $65.06 Million |
+0.78% |
| 2013-12-31 | NT$2.05 Billion ≈ $64.56 Million |
+5.54% |
| 2012-12-31 | NT$1.94 Billion ≈ $61.18 Million |
-5.67% |
| 2011-12-31 | NT$2.06 Billion ≈ $64.85 Million |
+0.25% |
| 2010-12-31 | NT$2.05 Billion ≈ $64.69 Million |
-1.86% |
| 2009-12-31 | NT$2.09 Billion ≈ $65.91 Million |
-1.89% |
| 2008-12-31 | NT$2.13 Billion ≈ $67.18 Million |
+1.40% |
| 2007-12-31 | NT$2.10 Billion ≈ $66.25 Million |
+1.10% |
| 2006-12-31 | NT$2.08 Billion ≈ $65.53 Million |
+10.14% |
| 2005-12-31 | NT$1.89 Billion ≈ $59.50 Million |
+6.20% |
| 2004-12-31 | NT$1.78 Billion ≈ $56.03 Million |
+20.35% |
| 2003-12-31 | NT$1.48 Billion ≈ $46.55 Million |
+6.52% |
| 2002-12-31 | NT$1.39 Billion ≈ $43.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gordon Auto Body Parts 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 grown by 1508.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.02 Billion | 33.88% |
| Common Stock | NT$1.65 Billion | 54.82% |
| Other Comprehensive Income | NT$340.86 Million | 11.30% |
| Total Equity | NT$3.02 Billion | 100.00% |
Gordon Auto Body Parts Co Ltd Competitors by Market Cap
The table below lists competitors of Gordon Auto Body Parts Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Naturhouse Health SA
MC:NTH
|
$152.87 Million |
|
JUTAL OFF.OIL SRVCS HD-01
F:I8O
|
$152.92 Million |
|
Arrowmark Financial Corp
NASDAQ:BANX
|
$152.93 Million |
|
Viet Dragon Securities Corp
VN:VDS
|
$152.95 Million |
|
Anderson Industrial Corp
TW:1528
|
$152.81 Million |
|
NIIT Limited
NSE:NIITLTD
|
$152.66 Million |
|
Ekovest Bhd
KLSE:8877
|
$152.63 Million |
|
Ind-Swift Laboratories Limited
NSE:INDSWFTLAB
|
$152.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gordon Auto Body Parts Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,098,835,000 to 3,015,785,000, a change of -83,050,000 (-2.7%).
- Net income of 323,083,000 contributed positively to equity growth.
- Dividend payments of 380,214,000 reduced retained earnings.
- Other comprehensive income increased equity by 34,907,000.
- Other factors decreased equity by 60,826,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$323.08 Million | +10.71% |
| Dividends Paid | NT$380.21 Million | -12.61% |
| Other Comprehensive Income | NT$34.91 Million | +1.16% |
| Other Changes | NT$-60.83 Million | -2.02% |
| Total Change | NT$- | -2.68% |
Book Value vs Market Value Analysis
This analysis compares Gordon Auto Body Parts 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: 1.61x
- 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 2.03x to 1.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$14.47 | NT$29.35 | x |
| 2010-12-31 | NT$14.20 | NT$29.35 | x |
| 2011-12-31 | NT$14.24 | NT$29.35 | x |
| 2012-12-31 | NT$13.43 | NT$29.35 | x |
| 2013-12-31 | NT$13.69 | NT$29.35 | x |
| 2014-12-31 | NT$11.40 | NT$29.35 | x |
| 2015-12-31 | NT$11.38 | NT$29.35 | x |
| 2016-12-31 | NT$12.70 | NT$29.35 | x |
| 2017-12-31 | NT$13.03 | NT$29.35 | x |
| 2018-12-31 | NT$13.67 | NT$29.35 | x |
| 2019-12-31 | NT$14.14 | NT$29.35 | x |
| 2020-12-31 | NT$12.65 | NT$29.35 | x |
| 2021-12-31 | NT$13.58 | NT$29.35 | x |
| 2022-12-31 | NT$15.23 | NT$29.35 | x |
| 2023-12-31 | NT$16.28 | NT$29.35 | x |
| 2024-12-31 | NT$18.68 | NT$29.35 | x |
| 2025-12-31 | NT$18.19 | NT$29.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gordon Auto Body Parts Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.71%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.28%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.72x
- Recent ROE (10.71%) is above the historical average (4.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.12% | 3.51% | 0.58x | 2.01x | NT$-81.56 Million |
| 2003 | 6.24% | 5.69% | 0.52x | 2.12x | NT$-55.50 Million |
| 2004 | 12.19% | 8.45% | 0.65x | 2.22x | NT$38.99 Million |
| 2006 | 5.45% | 3.96% | 0.58x | 2.39x | NT$-94.58 Million |
| 2007 | 3.55% | 2.32% | 0.58x | 2.64x | NT$-135.53 Million |
| 2008 | 2.90% | 1.92% | 0.59x | 2.56x | NT$-151.45 Million |
| 2009 | -1.43% | -0.91% | 0.56x | 2.81x | NT$-239.03 Million |
| 2010 | -1.79% | -1.11% | 0.60x | 2.70x | NT$-242.07 Million |
| 2011 | 0.30% | 0.19% | 0.56x | 2.75x | NT$-199.73 Million |
| 2012 | -6.26% | -4.41% | 0.52x | 2.74x | NT$-315.71 Million |
| 2013 | -2.41% | -1.99% | 0.48x | 2.52x | NT$-254.24 Million |
| 2014 | 0.32% | 0.27% | 0.51x | 2.36x | NT$-199.95 Million |
| 2015 | -10.12% | -7.66% | 0.54x | 2.46x | NT$-378.58 Million |
| 2016 | 10.49% | 8.48% | 0.54x | 2.30x | NT$10.30 Million |
| 2017 | 7.62% | 6.24% | 0.53x | 2.33x | NT$-51.37 Million |
| 2018 | 8.60% | 8.07% | 0.49x | 2.19x | NT$-31.76 Million |
| 2019 | 6.45% | 6.32% | 0.47x | 2.18x | NT$-83.15 Million |
| 2020 | 1.66% | 1.91% | 0.38x | 2.28x | NT$-183.86 Million |
| 2021 | 2.76% | 3.16% | 0.36x | 2.40x | NT$-162.66 Million |
| 2022 | 13.32% | 13.79% | 0.45x | 2.15x | NT$83.84 Million |
| 2023 | 13.03% | 13.03% | 0.51x | 1.98x | NT$81.76 Million |
| 2024 | 19.27% | 19.81% | 0.58x | 1.69x | NT$287.38 Million |
| 2025 | 10.71% | 12.28% | 0.51x | 1.72x | NT$21.50 Million |
Industry Comparison
This section compares Gordon Auto Body Parts Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $4,522,172,222
- Average return on equity (ROE) among peers: 4.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gordon Auto Body Parts Co Ltd (1524) | NT$3.02 Billion | 4.12% | 0.72x | $152.86 Million |
| Tong Yang Industry Co Ltd (1319) | $20.15 Billion | 11.99% | 0.81x | $1.91 Billion |
| Taihan Precision Technology Co Ltd (1336) | $1.60 Billion | 6.32% | 0.51x | $36.68 Million |
| Hiroca Holdings Ltd (1338) | $6.43 Billion | -2.56% | 0.75x | $43.76 Million |
| Y.C.C. Parts MFG Co Ltd (1339) | $3.36 Billion | 8.22% | 0.95x | $101.47 Million |
| Right Way Industrial Co Ltd (1506) | $1.32 Billion | -1.14% | 1.23x | $98.90 Million |
| Jui Li Enterprise Co Ltd (1512) | $746.14 Million | -26.36% | 3.67x | $22.15 Million |
| Ta Yih Industrial Co Ltd (1521) | $1.64 Billion | 16.99% | 0.73x | $63.76 Million |
| TYC Brother Industrial Co Ltd (1522) | $3.39 Billion | 8.39% | 1.26x | $309.10 Million |
| Kian Shen Corp (1525) | $2.06 Billion | 14.95% | 0.27x | $151.93 Million |
About Gordon Auto Body Parts Co Ltd
Gordon Auto Body Parts Co., Ltd. manufactures and sells automotive metal replacement crash parts in North America, Europe, and internationally. It offers side panels, wheel flares, tailgates, engine under covers, radiators, mirrors, hoods, handles, fenders, steel and front bumpers, and inner fenders for collision repair market. The company was incorporated in 1975 and is headquartered in Taoyuan … Read more