Golden Bridge Electech Inc (6133) - Net Assets
Based on the latest financial reports, Golden Bridge Electech Inc (6133) has net assets worth NT$1.46 Billion TWD (≈ $45.97 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.26 Billion ≈ $71.32 Million USD) and total liabilities (NT$804.40 Million ≈ $25.34 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 financial resilience of Golden Bridge Electech Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.46 Billion |
| % of Total Assets | 64.46% |
| Annual Growth Rate | 0.77% |
| 5-Year Change | -10.71% |
| 10-Year Change | -23.82% |
| Growth Volatility | 8.62 |
Golden Bridge Electech Inc - Net Assets Trend (2002–2024)
This chart illustrates how Golden Bridge Electech Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Golden Bridge Electech Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Golden Bridge Electech Inc (2002–2024)
The table below shows the annual net assets of Golden Bridge Electech Inc from 2002 to 2024. For live valuation and market cap data, see 6133 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.24 Billion ≈ $38.98 Million |
+11.32% |
| 2023-12-31 | NT$1.11 Billion ≈ $35.02 Million |
-8.86% |
| 2022-12-31 | NT$1.22 Billion ≈ $38.42 Million |
-0.17% |
| 2021-12-31 | NT$1.22 Billion ≈ $38.49 Million |
-11.85% |
| 2020-12-31 | NT$1.39 Billion ≈ $43.66 Million |
-4.72% |
| 2019-12-31 | NT$1.45 Billion ≈ $45.82 Million |
-4.01% |
| 2018-12-31 | NT$1.52 Billion ≈ $47.74 Million |
-1.62% |
| 2017-12-31 | NT$1.54 Billion ≈ $48.52 Million |
-0.50% |
| 2016-12-31 | NT$1.55 Billion ≈ $48.77 Million |
-4.70% |
| 2015-12-31 | NT$1.62 Billion ≈ $51.17 Million |
+2.29% |
| 2014-12-31 | NT$1.59 Billion ≈ $50.03 Million |
+18.22% |
| 2013-12-31 | NT$1.34 Billion ≈ $42.32 Million |
+4.34% |
| 2012-12-31 | NT$1.29 Billion ≈ $40.56 Million |
-5.03% |
| 2011-12-31 | NT$1.36 Billion ≈ $42.70 Million |
-6.34% |
| 2010-12-31 | NT$1.45 Billion ≈ $45.59 Million |
-3.07% |
| 2009-12-31 | NT$1.49 Billion ≈ $47.04 Million |
-3.16% |
| 2008-12-31 | NT$1.54 Billion ≈ $48.57 Million |
-5.83% |
| 2007-12-31 | NT$1.64 Billion ≈ $51.58 Million |
+8.20% |
| 2006-12-31 | NT$1.51 Billion ≈ $47.67 Million |
+19.93% |
| 2005-12-31 | NT$1.26 Billion ≈ $39.75 Million |
+17.55% |
| 2004-12-31 | NT$1.07 Billion ≈ $33.81 Million |
+1.66% |
| 2003-12-31 | NT$1.06 Billion ≈ $33.26 Million |
+0.99% |
| 2002-12-31 | NT$1.05 Billion ≈ $32.93 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Bridge Electech 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 decreased by 51.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$80.29 Million | 6.49% |
| Common Stock | NT$1.17 Billion | 94.56% |
| Other Comprehensive Income | NT$-13.04 Million | -1.05% |
| Total Equity | NT$1.24 Billion | 100.00% |
Golden Bridge Electech Inc Competitors by Market Cap
The table below lists competitors of Golden Bridge Electech Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neuraxis, Inc.
NYSE MKT:NRXS
|
$81.11 Million |
|
CPN Commercial Growth Leasehold Property Fund
BK:CPNCG
|
$81.12 Million |
|
TIAN GE INT.HLDGS DL-0001
F:04T
|
$81.12 Million |
|
Elanor Investors Group
AU:ENN
|
$81.13 Million |
|
Noble Development Public Company Limited
BK:NOBLE
|
$81.10 Million |
|
Cheer Time Enterprise Co Ltd
TW:3229
|
$81.09 Million |
|
Savezone I C
KO:067830
|
$81.08 Million |
|
Sea Oil Public Company Limited
BK:SEAOIL
|
$81.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Bridge Electech Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,111,475,000 to 1,237,315,000, a change of 125,840,000 (11.3%).
- Net income of 76,328,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 407,887,001.
- Other factors decreased equity by 358,375,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$76.33 Million | +6.17% |
| Other Comprehensive Income | NT$407.89 Million | +32.97% |
| Other Changes | NT$-358.38 Million | -28.96% |
| Total Change | NT$- | 11.32% |
Book Value vs Market Value Analysis
This analysis compares Golden Bridge Electech 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: 2.08x
- 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 1.50x to 2.08x 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$14.67 | NT$22.00 | x |
| 2010-12-31 | NT$14.10 | NT$22.00 | x |
| 2011-12-31 | NT$13.18 | NT$22.00 | x |
| 2012-12-31 | NT$13.16 | NT$22.00 | x |
| 2013-12-31 | NT$12.40 | NT$22.00 | x |
| 2014-12-31 | NT$14.61 | NT$22.00 | x |
| 2015-12-31 | NT$14.29 | NT$22.00 | x |
| 2016-12-31 | NT$13.23 | NT$22.00 | x |
| 2017-12-31 | NT$13.15 | NT$22.00 | x |
| 2018-12-31 | NT$12.94 | NT$22.00 | x |
| 2019-12-31 | NT$12.42 | NT$22.00 | x |
| 2020-12-31 | NT$11.84 | NT$22.00 | x |
| 2021-12-31 | NT$10.44 | NT$22.00 | x |
| 2022-12-31 | NT$10.41 | NT$22.00 | x |
| 2023-12-31 | NT$9.49 | NT$22.00 | x |
| 2024-12-31 | NT$10.56 | NT$22.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Bridge Electech 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): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.36%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.67x
- Recent ROE (6.17%) is above the historical average (3.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 12.86% | 12.62% | 0.75x | 1.37x | NT$29.95 Million |
| 2003 | 6.60% | 7.32% | 0.64x | 1.40x | NT$-35.89 Million |
| 2004 | 10.46% | 7.74% | 0.74x | 1.82x | NT$4.90 Million |
| 2005 | 11.15% | 8.49% | 0.81x | 1.62x | NT$14.49 Million |
| 2006 | 13.20% | 9.62% | 0.97x | 1.42x | NT$48.46 Million |
| 2007 | 11.42% | 8.73% | 0.98x | 1.34x | NT$23.27 Million |
| 2008 | 2.35% | 1.91% | 1.03x | 1.19x | NT$-118.01 Million |
| 2009 | 0.22% | 0.26% | 0.65x | 1.29x | NT$-146.07 Million |
| 2010 | -1.87% | -1.81% | 0.77x | 1.35x | NT$-171.81 Million |
| 2011 | -10.66% | -9.38% | 0.81x | 1.40x | NT$-279.99 Million |
| 2012 | 0.82% | 0.78% | 0.79x | 1.32x | NT$-118.21 Million |
| 2013 | 0.94% | 1.19% | 0.62x | 1.29x | NT$-121.67 Million |
| 2014 | 3.04% | 4.06% | 0.63x | 1.18x | NT$-110.58 Million |
| 2015 | 2.53% | 3.45% | 0.64x | 1.15x | NT$-121.34 Million |
| 2016 | 0.75% | 1.05% | 0.61x | 1.16x | NT$-143.23 Million |
| 2017 | 1.59% | 2.10% | 0.61x | 1.24x | NT$-129.54 Million |
| 2018 | 0.94% | 1.33% | 0.57x | 1.24x | NT$-137.20 Million |
| 2019 | 1.52% | 1.93% | 0.62x | 1.28x | NT$-123.30 Million |
| 2020 | 0.14% | 0.20% | 0.45x | 1.53x | NT$-136.66 Million |
| 2021 | -4.60% | -5.27% | 0.51x | 1.73x | NT$-178.31 Million |
| 2022 | 7.45% | 6.56% | 0.67x | 1.70x | NT$-31.06 Million |
| 2023 | 1.00% | 1.10% | 0.52x | 1.76x | NT$-100.06 Million |
| 2024 | 6.17% | 6.36% | 0.58x | 1.67x | NT$-47.40 Million |
Industry Comparison
This section compares Golden Bridge Electech Inc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $6,044,751,000
- Average return on equity (ROE) among peers: 5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Bridge Electech Inc (6133) | NT$1.46 Billion | 12.86% | 0.55x | $81.10 Million |
| Shihlin Electric & Engineering Corp (1503) | $27.04 Billion | 6.68% | 0.67x | $3.11 Billion |
| Allis Electric Co Ltd (1514) | $3.10 Billion | 9.53% | 0.87x | $920.17 Million |
| Fortune Electric Co Ltd (1519) | $2.22 Billion | 3.49% | 0.85x | $8.84 Billion |
| Klingon Aerospace Inc (1529) | $1.72 Billion | 2.62% | 0.74x | $106.03 Million |
| Kung Long Batteries Industrial Co Ltd (1537) | $2.16 Billion | 14.61% | 0.45x | $318.00 Million |
| Chieftek Precision Co Ltd (1597) | $1.33 Billion | 5.33% | 1.05x | $394.51 Million |
| Hua Eng Wire & Cable Co Ltd (1608) | $8.36 Billion | 5.26% | 0.53x | $437.03 Million |
| Ta Ya Electric Wire & Cable Co., Ltd. (1609) | $8.10 Billion | 5.82% | 1.52x | $794.28 Million |
| Hong Tai Electric Industrial Co Ltd (1612) | $4.96 Billion | 1.46% | 0.15x | $355.01 Million |
| Dah San Electric Wire & Cable Co Ltd (1615) | $1.46 Billion | 0.92% | 0.49x | $283.16 Million |
About Golden Bridge Electech Inc
Golden Bridge Electech Inc. provides cable design, assembly, and manufacturing services in Taiwan. The company offers interconnect solutions for automotive electronics, including electrical harness, interior and car body equipment, and exterior lighting products, as well as sensors and electronics, such as plugs and inlet to recharge batteries for electric, plug-in hybrid vehicles, and in-car int… Read more