G.M.I Technology Inc
GMI Technology Inc. operates as an electronic components distributor and applications solutions provider worldwide. It offers range of products, including consumer electronics, home appliances, information technology, network and data communications, software and hardware services for industrial and power solutions, etc. The company also provides various applications solutions, including Internet… Read more
G.M.I Technology Inc (3312) - Net Assets
Latest net assets as of September 2025: NT$3.12 Billion TWD
Based on the latest financial reports, G.M.I Technology Inc (3312) has net assets worth NT$3.12 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$11.36 Billion) and total liabilities (NT$8.24 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$3.12 Billion |
| % of Total Assets | 27.45% |
| Annual Growth Rate | 9.88% |
| 5-Year Change | 113.96% |
| 10-Year Change | 133.75% |
| Growth Volatility | 16.03 |
G.M.I Technology Inc - Net Assets Trend (2004–2024)
This chart illustrates how G.M.I Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for G.M.I Technology Inc (2004–2024)
The table below shows the annual net assets of G.M.I Technology Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.18 Billion | +17.45% |
| 2023-12-31 | NT$2.71 Billion | +1.92% |
| 2022-12-31 | NT$2.66 Billion | +40.31% |
| 2021-12-31 | NT$1.90 Billion | +27.39% |
| 2020-12-31 | NT$1.49 Billion | +5.84% |
| 2019-12-31 | NT$1.41 Billion | +5.38% |
| 2018-12-31 | NT$1.33 Billion | +20.70% |
| 2017-12-31 | NT$1.11 Billion | -24.88% |
| 2016-12-31 | NT$1.47 Billion | +8.03% |
| 2015-12-31 | NT$1.36 Billion | -25.75% |
| 2014-12-31 | NT$1.83 Billion | +17.01% |
| 2013-12-31 | NT$1.57 Billion | +11.67% |
| 2012-12-31 | NT$1.40 Billion | +8.40% |
| 2011-12-31 | NT$1.29 Billion | +11.11% |
| 2010-12-31 | NT$1.17 Billion | +24.64% |
| 2009-12-31 | NT$934.97 Million | +22.53% |
| 2008-12-31 | NT$763.05 Million | +6.27% |
| 2007-12-31 | NT$718.04 Million | +9.86% |
| 2006-12-31 | NT$653.62 Million | -0.04% |
| 2005-12-31 | NT$653.85 Million | +35.09% |
| 2004-12-31 | NT$484.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to G.M.I Technology Inc'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 719.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$779.60 Million | 25.25% |
| Common Stock | NT$1.63 Billion | 52.66% |
| Other Components | NT$682.21 Million | 22.09% |
| Total Equity | NT$3.09 Billion | 100.00% |
G.M.I Technology Inc Competitors by Market Cap
The table below lists competitors of G.M.I Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lands’ End Inc
NASDAQ:LE
|
$115.70 Million |
|
EDAP TMS SA
NASDAQ:EDAP
|
$115.72 Million |
|
CURIOSITYSTREAM A -0001
F:3QT1
|
$115.75 Million |
|
Techzone Technology Materials Co., Ltd.
TWO:6947
|
$115.78 Million |
|
Wam Strategic Value Ltd
AU:WAR
|
$115.62 Million |
|
Enter Air S.A.
WAR:ENT
|
$115.60 Million |
|
Greenx Metals Ltd
AU:GRX
|
$115.59 Million |
|
Mayer Steel Pipe Corp
TW:2020
|
$115.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in G.M.I Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,648,819,000 to 3,088,063,000, a change of 439,244,000 (16.6%).
- Net income of 386,378,000 contributed positively to equity growth.
- Dividend payments of 195,150,000 reduced retained earnings.
- Other comprehensive income decreased equity by 183,692,000.
- Other factors increased equity by 431,708,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$386.38 Million | +12.51% |
| Dividends Paid | NT$195.15 Million | -6.32% |
| Other Comprehensive Income | NT$-183.69 Million | -5.95% |
| Other Changes | NT$431.71 Million | +13.98% |
| Total Change | NT$- | 16.58% |
Book Value vs Market Value Analysis
This analysis compares G.M.I Technology Inc'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: 2.02x
- 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 5.02x to 2.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | NT$7.35 | NT$36.90 | x |
| 2005-12-31 | NT$9.52 | NT$36.90 | x |
| 2006-12-31 | NT$8.45 | NT$36.90 | x |
| 2007-12-31 | NT$9.21 | NT$36.90 | x |
| 2008-12-31 | NT$9.39 | NT$36.90 | x |
| 2009-12-31 | NT$8.08 | NT$36.90 | x |
| 2010-12-31 | NT$9.43 | NT$36.90 | x |
| 2011-12-31 | NT$9.27 | NT$36.90 | x |
| 2012-12-31 | NT$9.09 | NT$36.90 | x |
| 2013-12-31 | NT$10.15 | NT$36.90 | x |
| 2014-12-31 | NT$10.78 | NT$36.90 | x |
| 2015-12-31 | NT$8.82 | NT$36.90 | x |
| 2016-12-31 | NT$8.90 | NT$36.90 | x |
| 2017-12-31 | NT$8.68 | NT$36.90 | x |
| 2018-12-31 | NT$9.68 | NT$36.90 | x |
| 2019-12-31 | NT$10.03 | NT$36.90 | x |
| 2020-12-31 | NT$10.61 | NT$36.90 | x |
| 2021-12-31 | NT$13.77 | NT$36.90 | x |
| 2022-12-31 | NT$18.03 | NT$36.90 | x |
| 2023-12-31 | NT$16.29 | NT$36.90 | x |
| 2024-12-31 | NT$18.23 | NT$36.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently G.M.I Technology Inc 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): 12.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.18%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 3.36x
- Recent ROE (12.51%) is above the historical average (7.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 19.37% | 1.71% | 4.36x | 2.60x | NT$45.36 Million |
| 2005 | 15.67% | 1.30% | 3.78x | 3.20x | NT$37.10 Million |
| 2006 | 5.53% | 0.50% | 3.42x | 3.25x | NT$-29.23 Million |
| 2007 | 9.01% | 0.81% | 3.55x | 3.15x | NT$-7.09 Million |
| 2008 | -2.59% | -0.22% | 5.40x | 2.16x | NT$-96.04 Million |
| 2009 | 19.93% | 1.70% | 4.36x | 2.69x | NT$92.84 Million |
| 2010 | 8.50% | 0.86% | 4.42x | 2.24x | NT$-17.48 Million |
| 2011 | 10.85% | 1.16% | 4.07x | 2.29x | NT$11.01 Million |
| 2012 | 3.20% | 0.31% | 4.32x | 2.42x | NT$-82.97 Million |
| 2013 | 7.89% | 0.68% | 3.11x | 3.76x | NT$-28.42 Million |
| 2014 | 5.87% | 0.48% | 2.82x | 4.32x | NT$-62.17 Million |
| 2015 | -24.32% | -1.99% | 3.47x | 3.52x | NT$-422.39 Million |
| 2016 | 4.22% | 0.70% | 2.59x | 2.31x | NT$-80.27 Million |
| 2017 | -19.88% | -2.57% | 2.64x | 2.94x | NT$-330.22 Million |
| 2018 | 10.38% | 1.41% | 2.58x | 2.86x | NT$5.07 Million |
| 2019 | 11.02% | 1.22% | 2.68x | 3.37x | NT$14.36 Million |
| 2020 | 13.28% | 1.44% | 2.48x | 3.71x | NT$48.81 Million |
| 2021 | 23.51% | 2.36% | 2.58x | 3.86x | NT$255.99 Million |
| 2022 | 17.07% | 2.35% | 2.33x | 3.12x | NT$188.02 Million |
| 2023 | 12.17% | 2.11% | 2.26x | 2.55x | NT$57.50 Million |
| 2024 | 12.51% | 2.18% | 1.70x | 3.36x | NT$77.57 Million |
Industry Comparison
This section compares G.M.I Technology Inc's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,784,026,889
- Average return on equity (ROE) among peers: 7.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| G.M.I Technology Inc (3312) | NT$3.12 Billion | 19.37% | 2.64x | $115.66 Million |
| China Wire & Cable Co Ltd (1603) | $5.29 Billion | 8.42% | 0.61x | $77.47 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.09 Billion | -0.33% | 0.05x | $111.08 Million |
| Senao International Co Ltd (2450) | $6.43 Billion | 10.98% | 0.53x | $64.69 Million |
| Wah Lee Industrial Corp (3010) | $8.62 Billion | 11.39% | 1.34x | $645.33 Million |
| Weikeng Industrial Co Ltd (3033) | $2.53 Billion | 15.31% | 2.01x | $384.05 Million |
| Edom Technology Co Ltd (3048) | $3.72 Billion | 18.74% | 5.27x | $169.71 Million |
| MetaTech AP (3224) | $2.61 Billion | -2.64% | 0.25x | $59.52 Million |
| Sentronic International (3232) | $363.49 Million | 5.76% | 1.39x | $22.56 Million |
| Kworld Computer Co Ltd (3287) | $411.82 Million | 2.32% | 0.36x | $17.39 Million |