H.H.Galaxy Co., Ltd.
H.H.Galaxy Co., Ltd. provides e-commerce operation solutions to brand owners in Taiwan and Southeast Asia. It operates in two segments, E-Commerce Department and Digital Marketing Department. The company offers e-commerce operations, performance ads, AI-powered content creation, data platform, data insights consultation, order and inventory management, logistics management, personal data protecti… Read more
H.H.Galaxy Co., Ltd. (2949) - Net Assets
Latest net assets as of September 2024: NT$1.15 Billion TWD
Based on the latest financial reports, H.H.Galaxy Co., Ltd. (2949) has net assets worth NT$1.15 Billion TWD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.47 Billion) and total liabilities (NT$1.32 Billion). 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$1.15 Billion |
| % of Total Assets | 46.6% |
| Annual Growth Rate | 94.51% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 58.02 |
H.H.Galaxy Co., Ltd. - Net Assets Trend (2020–2023)
This chart illustrates how H.H.Galaxy Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for H.H.Galaxy Co., Ltd. (2020–2023)
The table below shows the annual net assets of H.H.Galaxy Co., Ltd. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$1.16 Billion | +51.44% |
| 2022-12-31 | NT$763.64 Million | +183.25% |
| 2021-12-31 | NT$269.60 Million | +71.31% |
| 2020-12-31 | NT$157.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to H.H.Galaxy 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 32339800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$322.73 Million | 31.73% |
| Common Stock | NT$242.00 Million | 23.79% |
| Other Components | NT$452.41 Million | 44.48% |
| Total Equity | NT$1.02 Billion | 100.00% |
H.H.Galaxy Co., Ltd. Competitors by Market Cap
The table below lists competitors of H.H.Galaxy Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eltek Ltd
NASDAQ:ELTK
|
$25.64 Million |
|
Taiwan Name Plate Co. Ltd.
TWO:6593
|
$25.65 Million |
|
Qleanair Holding AB
ST:QAIR
|
$25.65 Million |
|
SC Asset Corporation Public Company Limited
BK:SC
|
$25.65 Million |
|
Berjaya Assets Bhd
KLSE:3239
|
$25.63 Million |
|
Lumi Gruppen AS
OL:LUMI
|
$25.62 Million |
|
Bluerock Homes Trust Inc.
NYSE MKT:BHM
|
$25.62 Million |
|
Koan Hao Technology Co Ltd
TWO:8354
|
$25.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in H.H.Galaxy Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 637,770,000 to 1,017,147,000, a change of 379,377,000 (59.5%).
- Net income of 139,162,000 contributed positively to equity growth.
- Dividend payments of 18,129,000 reduced retained earnings.
- New share issuances of 249,833,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$139.16 Million | +13.68% |
| Dividends Paid | NT$18.13 Million | -1.78% |
| Share Issuances | NT$249.83 Million | +24.56% |
| Other Changes | NT$8.51 Million | +0.84% |
| Total Change | NT$- | 59.48% |
Book Value vs Market Value Analysis
This analysis compares H.H.Galaxy 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: 1.42x
- 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 4.81x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | NT$12.82 | NT$61.70 | x |
| 2021-12-31 | NT$17.25 | NT$61.70 | x |
| 2022-12-31 | NT$31.49 | NT$61.70 | x |
| 2023-12-31 | NT$43.52 | NT$61.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently H.H.Galaxy 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): 13.68%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.21%
- • Asset Turnover: 1.89x
- • Equity Multiplier: 2.25x
- Recent ROE (13.68%) is below the historical average (19.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.94% | 1.33% | 3.67x | 3.66x | NT$12.50 Million |
| 2021 | 27.43% | 2.81% | 2.65x | 3.68x | NT$46.99 Million |
| 2022 | 20.13% | 3.17% | 2.24x | 2.84x | NT$64.63 Million |
| 2023 | 13.68% | 3.21% | 1.89x | 2.25x | NT$37.45 Million |
Industry Comparison
This section compares H.H.Galaxy Co., Ltd.'s net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $2,104,657,200
- Average return on equity (ROE) among peers: -3.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| H.H.Galaxy Co., Ltd. (2949) | NT$1.15 Billion | 17.94% | 1.15x | $25.64 Million |
| Mister International Enterprise Corp. (2941) | $189.60 Million | 19.52% | 0.59x | $11.08K |
| PChome Online (8044) | $719.17 Million | -27.62% | 1.58x | $83.38 Million |
| momo.com Inc (8454) | $8.85 Billion | 37.07% | 1.60x | $468.95 Million |
| GOMAJI Corp. LTD (8472) | $363.53 Million | -14.26% | 2.25x | $14.64 Million |
| Kuobrothers (8477) | $401.98 Million | -31.71% | 0.35x | $8.92 Million |