Gseven Co Ltd (2937) - Net Assets
Based on the latest financial reports, Gseven Co Ltd (2937) has net assets worth NT$1.01 Billion TWD (≈ $31.88 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.80 Billion ≈ $88.15 Million USD) and total liabilities (NT$1.79 Billion ≈ $56.27 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 Gseven Co Ltd (2937) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.01 Billion |
| % of Total Assets | 36.16% |
| Annual Growth Rate | 9.61% |
| 5-Year Change | 59.12% |
| 10-Year Change | 164.72% |
| Growth Volatility | 6.45 |
Gseven Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Gseven Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Gseven Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Gseven Co Ltd (2013–2024)
The table below shows the annual net assets of Gseven Co Ltd from 2013 to 2024. For live valuation and market cap data, see Gseven Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.03 Billion ≈ $32.36 Million |
+8.11% |
| 2023-12-31 | NT$950.18 Million ≈ $29.94 Million |
+14.45% |
| 2022-12-31 | NT$830.23 Million ≈ $26.16 Million |
+12.14% |
| 2021-12-31 | NT$740.33 Million ≈ $23.32 Million |
+14.68% |
| 2020-12-31 | NT$645.58 Million ≈ $20.34 Million |
+9.10% |
| 2019-12-31 | NT$591.75 Million ≈ $18.64 Million |
+8.98% |
| 2018-12-31 | NT$543.00 Million ≈ $17.11 Million |
+4.62% |
| 2017-12-31 | NT$519.00 Million ≈ $16.35 Million |
+25.04% |
| 2016-12-31 | NT$415.06 Million ≈ $13.08 Million |
+6.96% |
| 2015-12-31 | NT$388.06 Million ≈ $12.23 Million |
+3.83% |
| 2014-12-31 | NT$373.73 Million ≈ $11.77 Million |
-0.22% |
| 2013-12-31 | NT$374.55 Million ≈ $11.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gseven Co Ltd'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 533.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$412.94 Million | 40.20% |
| Other Components | NT$614.31 Million | 59.80% |
| Total Equity | NT$1.03 Billion | 100.00% |
Gseven Co Ltd Competitors by Market Cap
The table below lists competitors of Gseven Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Itera ASA
OL:ITERA
|
$60.02 Million |
|
TMP Steel
TWO:6248
|
$60.02 Million |
|
Lunnon Metals Ltd
AU:LM8
|
$60.05 Million |
|
Nanexa AB
ST:NANEXA
|
$60.08 Million |
|
TAFI Industries Bhd
KLSE:7211
|
$60.01 Million |
|
Safety Shot Inc
NASDAQ:SHOT
|
$60.00 Million |
|
Comunication Weaver Co.Ltd
KQ:056360
|
$59.99 Million |
|
Guillemot Corporation S.A.
PA:GUI
|
$59.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gseven Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 950,181,000 to 1,027,249,000, a change of 77,068,000 (8.1%).
- Net income of 152,983,000 contributed positively to equity growth.
- Dividend payments of 79,167,000 reduced retained earnings.
- Other comprehensive income decreased equity by 87,518,000.
- Other factors increased equity by 90,770,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$152.98 Million | +14.89% |
| Dividends Paid | NT$79.17 Million | -7.71% |
| Other Comprehensive Income | NT$-87.52 Million | -8.52% |
| Other Changes | NT$90.77 Million | +8.84% |
| Total Change | NT$- | 8.11% |
Book Value vs Market Value Analysis
This analysis compares Gseven Co Ltd'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: 1.85x
- 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 3.91x to 1.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | NT$11.20 | NT$43.75 | x |
| 2014-12-31 | NT$11.11 | NT$43.75 | x |
| 2015-12-31 | NT$11.51 | NT$43.75 | x |
| 2016-12-31 | NT$12.31 | NT$43.75 | x |
| 2017-12-31 | NT$14.63 | NT$43.75 | x |
| 2018-12-31 | NT$14.65 | NT$43.75 | x |
| 2019-12-31 | NT$15.95 | NT$43.75 | x |
| 2020-12-31 | NT$16.48 | NT$43.75 | x |
| 2021-12-31 | NT$16.67 | NT$43.75 | x |
| 2022-12-31 | NT$18.94 | NT$43.75 | x |
| 2023-12-31 | NT$21.98 | NT$43.75 | x |
| 2024-12-31 | NT$23.59 | NT$43.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gseven Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.30%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 3.31x
- Recent ROE (14.89%) is above the historical average (11.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.87% | 2.88% | 1.16x | 2.05x | NT$-11.73 Million |
| 2014 | 7.21% | 2.66% | 1.31x | 2.07x | NT$-10.43 Million |
| 2015 | 6.75% | 2.23% | 1.31x | 2.30x | NT$-12.61 Million |
| 2016 | 9.40% | 2.77% | 1.42x | 2.38x | NT$-2.48 Million |
| 2017 | 7.83% | 2.53% | 1.38x | 2.25x | NT$-11.24 Million |
| 2018 | 8.18% | 2.38% | 1.35x | 2.55x | NT$-9.90 Million |
| 2019 | 12.32% | 3.06% | 1.64x | 2.46x | NT$13.72 Million |
| 2020 | 16.03% | 3.59% | 1.52x | 2.94x | NT$38.94 Million |
| 2021 | 15.83% | 3.67% | 1.26x | 3.42x | NT$43.15 Million |
| 2022 | 16.91% | 3.69% | 1.32x | 3.48x | NT$57.37 Million |
| 2023 | 11.41% | 2.67% | 1.29x | 3.31x | NT$13.35 Million |
| 2024 | 14.89% | 3.30% | 1.37x | 3.31x | NT$50.26 Million |
Industry Comparison
This section compares Gseven Co Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $9,286,817,778
- Average return on equity (ROE) among peers: 13.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gseven Co Ltd (2937) | NT$1.01 Billion | 6.87% | 1.77x | $60.02 Million |
| Tsann Kuen Enterprise Co Ltd (2430) | $4.67 Billion | 4.54% | 1.83x | $73.41 Million |
| Shan-Loong Transportation Co Ltd (2616) | $2.88 Billion | 8.64% | 0.93x | $60.81 Million |
| Collins Co Ltd (2906) | $6.51 Billion | 1.82% | 0.76x | $81.70 Million |
| Taiwan Mobile Co Ltd (3045) | $58.52 Billion | 26.63% | 1.36x | $10.62 Billion |
| Scan-D (6195) | $979.14 Million | 22.34% | 0.62x | $37.48 Million |
| E-Life Mall Corp (6281) | $2.40 Billion | 16.89% | 0.88x | $156.22 Million |
| Bon Fame Co Ltd (8433) | $1.32 Billion | 24.71% | 1.00x | $93.77 Million |
| North-Star International Co Ltd (8927) | $2.38 Billion | 5.07% | 1.81x | $267.54 Million |
| National Petroleum Co Ltd (9937) | $3.93 Billion | 9.82% | 1.07x | $549.14 Million |
About Gseven Co Ltd
Gseven Co., Ltd. sells consumer electronic products in Taiwan. It offers audio standalone products, such as surround amplifiers, integrated amplifiers, pre and power amplifiers, headphone amplifiers, streaming and vinyl players, and CD players; passive horns, wireless/bluetooth speakers, center channel speakers, subwoofers, active horns, and system horns; brand package theaters, sound bars, bedsi… Read more