GeoVision Inc (3356) - Net Assets
Based on the latest financial reports, GeoVision Inc (3356) has net assets worth NT$2.68 Billion TWD (≈ $84.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$3.10 Billion ≈ $97.56 Million USD) and total liabilities (NT$420.31 Million ≈ $13.24 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 3356 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.68 Billion |
| % of Total Assets | 86.43% |
| Annual Growth Rate | 8.42% |
| 5-Year Change | 35.97% |
| 10-Year Change | 39.11% |
| Growth Volatility | 19.07 |
GeoVision Inc - Net Assets Trend (2003–2025)
This chart illustrates how GeoVision Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is GeoVision Inc worth.
Annual Net Assets for GeoVision Inc (2003–2025)
The table below shows the annual net assets of GeoVision Inc from 2003 to 2025. Also explore 3356 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$2.49 Billion ≈ $78.56 Million |
+7.10% |
| 2024-12-31 | NT$2.33 Billion ≈ $73.35 Million |
+13.92% |
| 2023-12-31 | NT$2.04 Billion ≈ $64.39 Million |
+8.62% |
| 2022-12-31 | NT$1.88 Billion ≈ $59.28 Million |
+2.60% |
| 2021-12-31 | NT$1.83 Billion ≈ $57.77 Million |
+4.20% |
| 2020-12-31 | NT$1.76 Billion ≈ $55.44 Million |
+9.12% |
| 2019-12-31 | NT$1.61 Billion ≈ $50.81 Million |
+1.68% |
| 2018-12-31 | NT$1.59 Billion ≈ $49.97 Million |
+4.83% |
| 2017-12-31 | NT$1.51 Billion ≈ $47.67 Million |
-15.58% |
| 2016-12-31 | NT$1.79 Billion ≈ $56.47 Million |
-10.27% |
| 2015-12-31 | NT$2.00 Billion ≈ $62.93 Million |
+0.30% |
| 2014-12-31 | NT$1.99 Billion ≈ $62.75 Million |
+2.76% |
| 2013-12-31 | NT$1.94 Billion ≈ $61.06 Million |
+10.94% |
| 2012-12-31 | NT$1.75 Billion ≈ $55.04 Million |
+6.16% |
| 2011-12-31 | NT$1.65 Billion ≈ $51.85 Million |
+42.68% |
| 2010-12-31 | NT$1.15 Billion ≈ $36.34 Million |
-6.57% |
| 2009-12-31 | NT$1.23 Billion ≈ $38.89 Million |
-6.78% |
| 2008-12-31 | NT$1.32 Billion ≈ $41.72 Million |
-0.46% |
| 2007-12-31 | NT$1.33 Billion ≈ $41.91 Million |
+17.85% |
| 2006-12-31 | NT$1.13 Billion ≈ $35.56 Million |
+13.87% |
| 2005-12-31 | NT$991.36 Million ≈ $31.23 Million |
+35.12% |
| 2004-12-31 | NT$733.66 Million ≈ $23.11 Million |
+74.22% |
| 2003-12-31 | NT$421.12 Million ≈ $13.27 Million |
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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 301.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$820.12 Million | 33.03% |
| Common Stock | NT$799.42 Million | 32.20% |
| Other Comprehensive Income | NT$641.80 Million | 25.85% |
| Other Components | NT$221.60 Million | 8.92% |
| Total Equity | NT$2.48 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 |
|---|---|
|
Namyong Terminal PCL
BK:NYT
|
$150.73 Million |
|
Speed Tech
TWO:5457
|
$150.85 Million |
|
Mincon Group plc
IR:MIO
|
$150.86 Million |
|
Motonic
KO:009680
|
$150.86 Million |
|
Nine Energy Service, Inc.
NYSE:NINE
|
$150.66 Million |
|
Malaysia Marine and Heavy Engineering Holdings Bhd
KLSE:5186
|
$150.64 Million |
|
TGE Value Creative Solutions Corp
NYSE:BEBE
|
$150.60 Million |
|
Vitzro Tech Co. Ltd
KQ:042370
|
$150.57 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 2024 to 2025, total equity changed from 2,314,383,000 to 2,482,941,000, a change of 168,558,000 (7.3%).
- Net income of 496,304,000 contributed positively to equity growth.
- Dividend payments of 319,767,000 reduced retained earnings.
- Other comprehensive income increased equity by 42,073,000.
- Other factors decreased equity by 50,052,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$496.30 Million | +19.99% |
| Dividends Paid | NT$319.77 Million | -12.88% |
| Other Comprehensive Income | NT$42.07 Million | +1.69% |
| Other Changes | NT$-50.05 Million | -2.02% |
| Total Change | NT$- | 7.28% |
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: 2.25x
- 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 7.13x to 2.25x 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$69.79 | x |
| 2005-12-31 | NT$13.23 | NT$69.79 | x |
| 2006-12-31 | NT$15.06 | NT$69.79 | x |
| 2007-12-31 | NT$17.75 | NT$69.79 | x |
| 2008-12-31 | NT$16.56 | NT$69.79 | x |
| 2009-12-31 | NT$15.51 | NT$69.79 | x |
| 2010-12-31 | NT$14.30 | NT$69.79 | x |
| 2011-12-31 | NT$21.41 | NT$69.79 | x |
| 2012-12-31 | NT$21.74 | NT$69.79 | x |
| 2013-12-31 | NT$24.22 | NT$69.79 | x |
| 2014-12-31 | NT$24.80 | NT$69.79 | x |
| 2015-12-31 | NT$24.65 | NT$69.79 | x |
| 2016-12-31 | NT$22.09 | NT$69.79 | x |
| 2017-12-31 | NT$18.81 | NT$69.79 | x |
| 2018-12-31 | NT$19.89 | NT$69.79 | x |
| 2019-12-31 | NT$20.15 | NT$69.79 | x |
| 2020-12-31 | NT$21.88 | NT$69.79 | x |
| 2021-12-31 | NT$22.64 | NT$69.79 | x |
| 2022-12-31 | NT$23.17 | NT$69.79 | x |
| 2023-12-31 | NT$22.40 | NT$69.79 | x |
| 2024-12-31 | NT$26.57 | NT$69.79 | x |
| 2025-12-31 | NT$31.00 | NT$69.79 | 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): 19.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.72%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.11x
- Recent ROE (19.99%) is below the historical average (23.99%), suggesting potential challenges in 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 |
| 2025 | 19.99% | 48.72% | 0.37x | 1.11x | NT$248.01 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: $4,267,550,143
- Average return on equity (ROE) among peers: 6.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GeoVision Inc (3356) | NT$2.68 Billion | 48.57% | 0.16x | $150.73 Million |
| Everspring Industry Co Ltd (2390) | $2.08 Billion | -8.67% | 0.27x | $60.32 Million |
| Hi Sharp Electronics Co Ltd (3128) | $651.04 Million | 5.70% | 0.88x | $31.01 Million |
| Hunt Electronic Co Ltd (3297) | $581.37 Million | 0.70% | 0.39x | $35.04 Million |
| Vivotek Inc (3454) | $1.91 Billion | 30.07% | 0.42x | $271.10 Million |
| EverFocus Electronics Corp (5484) | $1.15 Billion | -10.79% | 0.34x | $82.08 Million |
| Taiwan Secom Co Ltd (9917) | $12.02 Billion | 21.02% | 0.96x | $1.48 Billion |
| Taiwan Shin Kong Security Co Ltd (9925) | $11.47 Billion | 8.41% | 0.54x | $477.53 Million |
About GeoVision Inc
GeoVision Inc., together with its subsidiaries, engages in conducting research, development, sales, and after-sales service of remote digital monitoring systems internationally. The company offers IP cameras; HD analog, standalone NVR, and HD DVR products; access control products, such as software, IP control panels and kits, controllers, readers, and accessories; license plate recognition produc… Read more