Gem Terminal Industry Co Ltd
GEM Terminal Industry Co.,Ltd. manufactures and sells electrical terminals in Asia. It offers multi-gauge materials for automobiles, high and low voltage connectors, and automotive wiring harness connectors; and special new type same material processing products, such as copper and copper rods, brass bars, and busbar materials. The company also provides new energy and green energy products that i… Read more
Gem Terminal Industry Co Ltd (2460) - Net Assets
Latest net assets as of June 2025: NT$1.57 Billion TWD
Based on the latest financial reports, Gem Terminal Industry Co Ltd (2460) has net assets worth NT$1.57 Billion 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$4.56 Billion) and total liabilities (NT$2.99 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$1.57 Billion |
| % of Total Assets | 34.41% |
| Annual Growth Rate | 3.74% |
| 5-Year Change | -8.49% |
| 10-Year Change | -34.39% |
| Growth Volatility | 13.03 |
Gem Terminal Industry Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Gem Terminal Industry 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 Gem Terminal Industry Co Ltd (2002–2024)
The table below shows the annual net assets of Gem Terminal Industry Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.97 Billion | -6.44% |
| 2023-12-31 | NT$2.11 Billion | -8.98% |
| 2022-12-31 | NT$2.31 Billion | -3.83% |
| 2021-12-31 | NT$2.41 Billion | +11.75% |
| 2020-12-31 | NT$2.15 Billion | -4.20% |
| 2019-12-31 | NT$2.25 Billion | -11.50% |
| 2018-12-31 | NT$2.54 Billion | -6.94% |
| 2017-12-31 | NT$2.73 Billion | -2.47% |
| 2016-12-31 | NT$2.80 Billion | -6.83% |
| 2015-12-31 | NT$3.00 Billion | -4.31% |
| 2014-12-31 | NT$3.14 Billion | +7.13% |
| 2013-12-31 | NT$2.93 Billion | +4.83% |
| 2012-12-31 | NT$2.79 Billion | -5.07% |
| 2011-12-31 | NT$2.94 Billion | +5.39% |
| 2010-12-31 | NT$2.79 Billion | -2.24% |
| 2009-12-31 | NT$2.86 Billion | +5.54% |
| 2008-12-31 | NT$2.71 Billion | +12.41% |
| 2007-12-31 | NT$2.41 Billion | +30.63% |
| 2006-12-31 | NT$1.84 Billion | +39.89% |
| 2005-12-31 | NT$1.32 Billion | +5.24% |
| 2004-12-31 | NT$1.25 Billion | +17.95% |
| 2003-12-31 | NT$1.06 Billion | +21.00% |
| 2002-12-31 | NT$877.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gem Terminal Industry 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 36611700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$2.34 Billion | 118.58% |
| Total Equity | NT$1.97 Billion | 100.00% |
Gem Terminal Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Gem Terminal Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dawonsys Co.Ltd
KQ:068240
|
$56.36 Million |
|
Reworld Media
PA:ALREW
|
$56.36 Million |
|
Korea Flange
KO:010100
|
$56.36 Million |
|
Rapala VMC Corporation
PINK:RPNMF
|
$56.37 Million |
|
Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi
IS:ADGYO
|
$56.35 Million |
|
LiveOne Inc
NASDAQ:LVO
|
$56.34 Million |
|
Kaonmedia Co Ltd
KQ:078890
|
$56.34 Million |
|
Nanjing Putian Telecommunications Co Ltd Class B
SHE:200468
|
$56.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gem Terminal Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,105,927,000 to 1,970,222,000, a change of -135,705,000 (-6.4%).
- Net loss of 230,079,000 reduced equity.
- Other comprehensive income decreased equity by 328,005,000.
- Other factors increased equity by 422,379,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-230.08 Million | -11.68% |
| Other Comprehensive Income | NT$-328.00 Million | -16.65% |
| Other Changes | NT$422.38 Million | +21.44% |
| Total Change | NT$- | -6.44% |
Book Value vs Market Value Analysis
This analysis compares Gem Terminal Industry 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: 2.00x
- 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 1.44x to 2.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$16.54 | NT$23.75 | x |
| 2010-12-31 | NT$16.21 | NT$23.75 | x |
| 2011-12-31 | NT$17.07 | NT$23.75 | x |
| 2012-12-31 | NT$16.22 | NT$23.75 | x |
| 2013-12-31 | NT$17.06 | NT$23.75 | x |
| 2014-12-31 | NT$18.26 | NT$23.75 | x |
| 2015-12-31 | NT$17.57 | NT$23.75 | x |
| 2016-12-31 | NT$16.52 | NT$23.75 | x |
| 2017-12-31 | NT$16.13 | NT$23.75 | x |
| 2018-12-31 | NT$15.01 | NT$23.75 | x |
| 2019-12-31 | NT$13.28 | NT$23.75 | x |
| 2020-12-31 | NT$12.79 | NT$23.75 | x |
| 2021-12-31 | NT$14.47 | NT$23.75 | x |
| 2022-12-31 | NT$13.95 | NT$23.75 | x |
| 2023-12-31 | NT$12.69 | NT$23.75 | x |
| 2024-12-31 | NT$11.88 | NT$23.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gem Terminal Industry 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): -11.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.22%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.72x
- Recent ROE (-11.68%) is below the historical average (5.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 17.15% | 11.88% | 0.77x | 1.86x | NT$62.75 Million |
| 2003 | 20.32% | 14.71% | 0.78x | 1.78x | NT$109.61 Million |
| 2004 | 18.20% | 13.28% | 0.71x | 1.93x | NT$102.60 Million |
| 2005 | 9.04% | 6.06% | 0.74x | 2.02x | NT$-12.62 Million |
| 2006 | 25.82% | 14.22% | 0.90x | 2.01x | NT$291.76 Million |
| 2007 | 19.84% | 11.51% | 0.98x | 1.75x | NT$237.07 Million |
| 2008 | 13.32% | 9.59% | 0.82x | 1.69x | NT$90.01 Million |
| 2009 | 13.76% | 12.79% | 0.65x | 1.65x | NT$107.29 Million |
| 2010 | 11.51% | 7.26% | 0.83x | 1.91x | NT$42.24 Million |
| 2011 | 6.29% | 4.17% | 0.81x | 1.86x | NT$-109.07 Million |
| 2012 | 3.04% | 2.17% | 0.61x | 2.29x | NT$-194.50 Million |
| 2013 | 0.50% | 0.37% | 0.68x | 2.03x | NT$-278.22 Million |
| 2014 | 2.80% | 2.23% | 0.63x | 1.99x | NT$-225.97 Million |
| 2015 | -1.38% | -1.11% | 0.62x | 2.01x | NT$-341.59 Million |
| 2016 | 1.61% | 1.24% | 0.57x | 2.29x | NT$-234.70 Million |
| 2017 | -0.03% | -0.02% | 0.59x | 2.38x | NT$-273.74 Million |
| 2018 | -3.51% | -2.26% | 0.66x | 2.37x | NT$-343.18 Million |
| 2019 | -8.52% | -5.56% | 0.61x | 2.50x | NT$-416.30 Million |
| 2020 | -1.97% | -1.23% | 0.66x | 2.41x | NT$-257.79 Million |
| 2021 | 10.11% | 5.63% | 0.77x | 2.34x | NT$2.54 Million |
| 2022 | -4.46% | -3.58% | 0.60x | 2.08x | NT$-334.48 Million |
| 2023 | -8.24% | -6.70% | 0.48x | 2.54x | NT$-384.03 Million |
| 2024 | -11.68% | -7.22% | 0.60x | 2.72x | NT$-427.10 Million |
Industry Comparison
This section compares Gem Terminal Industry Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gem Terminal Industry Co Ltd (2460) | NT$1.57 Billion | 17.15% | 1.91x | $56.35 Million |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |