GeoVision Inc
GeoVision Inc., together with its subsidiaries, operates as a digital and networked video surveillance company worldwide. The company offers IP cameras; HD analog and DVR, and standalone NVR; and surveillance systems, including tower, hot swap, control center, AI, mini, storage, and mobile systems, as well as accessories, such as joysticks and touch displays. It also provides video management sof… Read more
GeoVision Inc (3356) - Net Assets
Latest net assets as of September 2025: NT$2.24 Billion TWD
Based on the latest financial reports, GeoVision Inc (3356) has net assets worth NT$2.24 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$2.91 Billion) and total liabilities (NT$671.87 Million). 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$2.24 Billion |
| % of Total Assets | 76.9% |
| Annual Growth Rate | 8.48% |
| 5-Year Change | 32.29% |
| 10-Year Change | 16.55% |
| Growth Volatility | 19.51 |
GeoVision Inc - Net Assets Trend (2003–2024)
This chart illustrates how GeoVision 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 GeoVision Inc (2003–2024)
The table below shows the annual net assets of GeoVision Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$2.33 Billion | +13.92% |
| 2023-12-31 | NT$2.04 Billion | +8.62% |
| 2022-12-31 | NT$1.88 Billion | +2.60% |
| 2021-12-31 | NT$1.83 Billion | +4.20% |
| 2020-12-31 | NT$1.76 Billion | +9.12% |
| 2019-12-31 | NT$1.61 Billion | +1.68% |
| 2018-12-31 | NT$1.59 Billion | +4.83% |
| 2017-12-31 | NT$1.51 Billion | -15.58% |
| 2016-12-31 | NT$1.79 Billion | -10.27% |
| 2015-12-31 | NT$2.00 Billion | +0.30% |
| 2014-12-31 | NT$1.99 Billion | +2.76% |
| 2013-12-31 | NT$1.94 Billion | +10.94% |
| 2012-12-31 | NT$1.75 Billion | +6.16% |
| 2011-12-31 | NT$1.65 Billion | +42.68% |
| 2010-12-31 | NT$1.15 Billion | -6.57% |
| 2009-12-31 | NT$1.23 Billion | -6.78% |
| 2008-12-31 | NT$1.32 Billion | -0.46% |
| 2007-12-31 | NT$1.33 Billion | +17.85% |
| 2006-12-31 | NT$1.13 Billion | +13.87% |
| 2005-12-31 | NT$991.36 Million | +35.12% |
| 2004-12-31 | NT$733.66 Million | +74.22% |
| 2003-12-31 | NT$421.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GeoVision 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 237.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$689.85 Million | 29.81% |
| Common Stock | NT$799.42 Million | 34.54% |
| Other Comprehensive Income | NT$599.73 Million | 25.91% |
| Other Components | NT$225.38 Million | 9.74% |
| Total Equity | NT$2.31 Billion | 100.00% |
GeoVision Inc Competitors by Market Cap
The table below lists competitors of GeoVision Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daehan Flour Mills Co Ltd
KO:001130
|
$92.10 Million |
|
Kolte - Patil Developers Limited
NSE:KOLTEPATIL
|
$92.12 Million |
|
MEDIFAST INC
NYSE:MED
|
$92.13 Million |
|
CBO Territoria S.A.
PA:CBOT
|
$92.13 Million |
|
Namyang Dairy Products Co Ltd Peffered Series 1
KO:003925
|
$92.04 Million |
|
Selectquote Inc
NYSE:SLQT
|
$92.03 Million |
|
Boiron S.A.
LSE:0DTF
|
$92.01 Million |
|
What's Cooking Group NV/SA
BR:WHATS
|
$91.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GeoVision Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,022,102,000 to 2,314,383,000, a change of 292,281,000 (14.5%).
- Net income of 625,196,000 contributed positively to equity growth.
- Dividend payments of 260,484,000 reduced retained earnings.
- Share repurchases of 98,804,000 reduced equity.
- Other comprehensive income increased equity by 52,245,000.
- Other factors decreased equity by 25,872,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$625.20 Million | +27.01% |
| Dividends Paid | NT$260.48 Million | -11.26% |
| Share Repurchases | NT$98.80 Million | -4.27% |
| Other Comprehensive Income | NT$52.24 Million | +2.26% |
| Other Changes | NT$-25.87 Million | -1.12% |
| Total Change | NT$- | 14.45% |
Book Value vs Market Value Analysis
This analysis compares GeoVision 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: 1.93x
- 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 5.24x to 1.93x 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$9.79 | NT$51.30 | x |
| 2005-12-31 | NT$13.23 | NT$51.30 | x |
| 2006-12-31 | NT$15.06 | NT$51.30 | x |
| 2007-12-31 | NT$17.75 | NT$51.30 | x |
| 2008-12-31 | NT$16.56 | NT$51.30 | x |
| 2009-12-31 | NT$15.51 | NT$51.30 | x |
| 2010-12-31 | NT$14.30 | NT$51.30 | x |
| 2011-12-31 | NT$21.41 | NT$51.30 | x |
| 2012-12-31 | NT$21.74 | NT$51.30 | x |
| 2013-12-31 | NT$24.22 | NT$51.30 | x |
| 2014-12-31 | NT$24.80 | NT$51.30 | x |
| 2015-12-31 | NT$24.65 | NT$51.30 | x |
| 2016-12-31 | NT$22.09 | NT$51.30 | x |
| 2017-12-31 | NT$18.81 | NT$51.30 | x |
| 2018-12-31 | NT$19.89 | NT$51.30 | x |
| 2019-12-31 | NT$20.15 | NT$51.30 | x |
| 2020-12-31 | NT$21.88 | NT$51.30 | x |
| 2021-12-31 | NT$22.64 | NT$51.30 | x |
| 2022-12-31 | NT$23.17 | NT$51.30 | x |
| 2023-12-31 | NT$22.40 | NT$51.30 | x |
| 2024-12-31 | NT$26.57 | NT$51.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GeoVision 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): 27.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.19%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.19x
- Recent ROE (27.01%) is above the historical average (24.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 48.57% | 33.65% | 1.19x | 1.22x | NT$162.42 Million |
| 2004 | 43.09% | 38.80% | 1.03x | 1.07x | NT$242.78 Million |
| 2005 | 41.18% | 40.17% | 0.92x | 1.11x | NT$309.14 Million |
| 2006 | 47.60% | 45.57% | 0.97x | 1.08x | NT$424.43 Million |
| 2007 | 51.27% | 46.33% | 1.02x | 1.09x | NT$549.02 Million |
| 2008 | 45.38% | 38.92% | 0.83x | 1.41x | NT$468.49 Million |
| 2009 | 31.76% | 31.19% | 0.75x | 1.36x | NT$268.62 Million |
| 2010 | 25.82% | 22.45% | 0.79x | 1.45x | NT$179.69 Million |
| 2011 | 27.83% | 27.43% | 0.84x | 1.20x | NT$291.53 Million |
| 2012 | 29.13% | 25.20% | 1.01x | 1.15x | NT$333.27 Million |
| 2013 | 30.06% | 25.78% | 0.96x | 1.21x | NT$388.54 Million |
| 2014 | 24.66% | 22.04% | 0.97x | 1.16x | NT$291.17 Million |
| 2015 | 17.83% | 16.67% | 0.90x | 1.19x | NT$154.78 Million |
| 2016 | 7.90% | 7.34% | 0.62x | 1.73x | NT$-37.10 Million |
| 2017 | -11.68% | -11.02% | 0.63x | 1.68x | NT$-324.63 Million |
| 2018 | 4.34% | 4.62% | 0.53x | 1.77x | NT$-89.20 Million |
| 2019 | 1.25% | 1.44% | 0.49x | 1.77x | NT$-140.14 Million |
| 2020 | 9.09% | 13.74% | 0.47x | 1.41x | NT$-15.83 Million |
| 2021 | 9.70% | 14.17% | 0.46x | 1.48x | NT$-5.50 Million |
| 2022 | 5.74% | 8.11% | 0.59x | 1.20x | NT$-79.22 Million |
| 2023 | 14.20% | 22.72% | 0.51x | 1.23x | NT$84.97 Million |
| 2024 | 27.01% | 52.19% | 0.43x | 1.19x | NT$393.76 Million |
Industry Comparison
This section compares GeoVision Inc's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $2,463,075,222
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GeoVision Inc (3356) | NT$2.24 Billion | 48.57% | 0.30x | $92.06 Million |
| Everspring Industry Co Ltd (2390) | $2.46 Billion | -5.28% | 0.31x | $39.21 Million |
| Hi Sharp Electronics Co Ltd (3128) | $590.65 Million | 5.67% | 0.87x | $29.03 Million |
| Hunt Electronic Co Ltd (3297) | $568.35 Million | -2.36% | 0.41x | $22.22 Million |
| Vivotek Inc (3454) | $2.95 Billion | 6.37% | 0.81x | $103.53 Million |
| ACTi Corporation (5240) | $201.01 Million | 18.31% | 1.27x | $14.63 Million |
| EverFocus Electronics Corp (5484) | $985.19 Million | -17.83% | 0.44x | $49.77 Million |
| NUUO Inc. (6419) | $329.40 Million | 21.78% | 0.50x | $22.35 Million |
| Topview Optronics Corporation (6556) | $1.55 Billion | 16.37% | 0.37x | $27.10 Million |
| Taiwan Secom Co Ltd (9917) | $12.53 Billion | 20.58% | 1.07x | $835.80 Million |