Groundhog Inc.
Groundhog Inc. engages in application design, development, implementation, and installation of other information software services on intelligence platform in Taiwan, the Kingdom of Saudi Arabia, Indonesia, Africa, India, Australia, and internationally. The company offers CovMo, a cloud-based platform for geo-location; RealMotion, a crowd management solution that provides current and historical m… Read more
Groundhog Inc. (6906) - Net Assets
Latest net assets as of September 2025: NT$681.72 Million TWD
Based on the latest financial reports, Groundhog Inc. (6906) has net assets worth NT$681.72 Million 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$833.97 Million) and total liabilities (NT$152.25 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$681.72 Million |
| % of Total Assets | 81.74% |
| Annual Growth Rate | 38.3% |
| 5-Year Change | 124.96% |
| 10-Year Change | N/A |
| Growth Volatility | 49.99 |
Groundhog Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Groundhog 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 Groundhog Inc. (2019–2024)
The table below shows the annual net assets of Groundhog Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$954.09 Million | +83.40% |
| 2023-12-31 | NT$520.23 Million | +0.88% |
| 2022-12-31 | NT$515.69 Million | +24.74% |
| 2021-12-31 | NT$413.42 Million | -2.52% |
| 2020-12-31 | NT$424.11 Million | +125.09% |
| 2019-12-31 | NT$188.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Groundhog 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 243.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$119.81 Million | 12.56% |
| Common Stock | NT$335.37 Million | 35.15% |
| Other Components | NT$498.91 Million | 52.29% |
| Total Equity | NT$954.09 Million | 100.00% |
Groundhog Inc. Competitors by Market Cap
The table below lists competitors of Groundhog Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hancock & Gore Ltd
AU:HNG
|
$35.05 Million |
|
Cosmax
KO:044820
|
$35.06 Million |
|
SMO
BK:SMO
|
$35.06 Million |
|
Dual Co Ltd
KO:016740
|
$35.07 Million |
|
Nykode Therapeutics AS
PINK:VACBF
|
$35.04 Million |
|
Chenghe Acquisition II Co.
NYSE MKT:CHEB
|
$35.04 Million |
|
ABITARE IN S.P.A.
F:1BN
|
$35.04 Million |
|
Melcor Real Estate Investment Trust
TO:MR-UN
|
$35.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Groundhog Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 520,227,000 to 954,088,000, a change of 433,861,000 (83.4%).
- Net income of 119,153,000 contributed positively to equity growth.
- Dividend payments of 100,612,000 reduced retained earnings.
- New share issuances of 410,831,000 increased equity.
- Other comprehensive income decreased equity by 2,368,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$119.15 Million | +12.49% |
| Dividends Paid | NT$100.61 Million | -10.55% |
| Share Issuances | NT$410.83 Million | +43.06% |
| Other Comprehensive Income | NT$-2.37 Million | -0.25% |
| Other Changes | NT$6.86 Million | +0.72% |
| Total Change | NT$- | 83.40% |
Book Value vs Market Value Analysis
This analysis compares Groundhog 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: 2.46x
- 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 8.41x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$8.31 | NT$69.90 | x |
| 2020-12-31 | NT$18.72 | NT$69.90 | x |
| 2021-12-31 | NT$13.55 | NT$69.90 | x |
| 2022-12-31 | NT$16.37 | NT$69.90 | x |
| 2023-12-31 | NT$16.43 | NT$69.90 | x |
| 2024-12-31 | NT$28.39 | NT$69.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Groundhog 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): 12.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.26%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.20x
- Recent ROE (12.49%) is below the historical average (22.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 61.62% | 30.63% | 1.01x | 2.00x | NT$97.26 Million |
| 2020 | 7.40% | 12.82% | 0.39x | 1.48x | NT$-11.04 Million |
| 2021 | 10.30% | 15.01% | 0.48x | 1.42x | NT$1.23 Million |
| 2022 | 22.52% | 37.12% | 0.44x | 1.37x | NT$64.57 Million |
| 2023 | 21.12% | 29.60% | 0.55x | 1.30x | NT$57.86 Million |
| 2024 | 12.49% | 30.26% | 0.34x | 1.20x | NT$23.74 Million |
Industry Comparison
This section compares Groundhog Inc.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,065,454,400
- Average return on equity (ROE) among peers: 11.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Groundhog Inc. (6906) | NT$681.72 Million | 61.62% | 0.22x | $35.05 Million |
| Kwong Fong Industries Corp (1416) | $5.18 Billion | 4.34% | 0.46x | $51.52 Million |
| Syscom Computer Engineering Co (2453) | $1.66 Billion | 4.41% | 0.94x | $99.66 Million |
| Fortune Information Systems Corp (2468) | $1.20 Billion | 5.30% | 0.80x | $42.41 Million |
| Jetwell Computer Co Ltd (3147) | $1.27 Billion | 22.59% | 1.36x | $118.85 Million |
| Wistron Information Technology & Services (4953) | $2.80 Billion | 19.80% | 0.63x | $177.78 Million |
| Sysage Technology Co Ltd (6112) | $2.24 Billion | 12.66% | 1.60x | $121.74 Million |
| Systex Corp (6214) | $13.81 Billion | 8.79% | 0.92x | $521.95 Million |
| Genesis Technology (6221) | $740.28 Million | 9.23% | 1.57x | $62.73 Million |
| International Integrated Systems, Inc. (6614) | $1.21 Billion | 10.21% | 2.16x | $34.40 Million |
| Information Technology Total Services Co. Ltd (6697) | $547.69 Million | 13.23% | 0.55x | $15.23 Million |