Good Way Technology Co Ltd
Good Way Technology Co., Ltd. designs, manufactures, and sells USB and PC peripherals. The company offers docking station products, including USB4, thunderbolt, USB-C display, USB-C USB3.0, and smart dock products; USB multiport and USB-C travel hubs; multiport adapters; USB 5G, video equipment, wireless, and IP extenders; KVM docks; and video capture products. It also provides Edge AI sensors, s… Read more
Good Way Technology Co Ltd (3272) - Net Assets
Latest net assets as of June 2025: NT$1.15 Billion TWD
Based on the latest financial reports, Good Way Technology Co Ltd (3272) has net assets worth NT$1.15 Billion TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$4.79 Billion) and total liabilities (NT$3.64 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 | 23.95% |
| Annual Growth Rate | 8.82% |
| 5-Year Change | -19.69% |
| 10-Year Change | 5.21% |
| Growth Volatility | 38.81 |
Good Way Technology Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Good Way Technology 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 Good Way Technology Co Ltd (2003–2024)
The table below shows the annual net assets of Good Way Technology Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.55 Billion | -0.68% |
| 2023-12-31 | NT$1.56 Billion | -22.90% |
| 2022-12-31 | NT$2.02 Billion | +9.14% |
| 2021-12-31 | NT$1.85 Billion | -3.91% |
| 2020-12-31 | NT$1.93 Billion | +24.42% |
| 2019-12-31 | NT$1.55 Billion | -0.45% |
| 2018-12-31 | NT$1.56 Billion | -0.65% |
| 2017-12-31 | NT$1.57 Billion | +4.25% |
| 2016-12-31 | NT$1.50 Billion | +2.12% |
| 2015-12-31 | NT$1.47 Billion | +18.35% |
| 2014-12-31 | NT$1.24 Billion | +172.66% |
| 2013-12-31 | NT$456.09 Million | +51.47% |
| 2012-12-31 | NT$301.11 Million | +17.23% |
| 2011-12-31 | NT$256.86 Million | -6.72% |
| 2010-12-31 | NT$275.38 Million | +1.07% |
| 2009-12-31 | NT$272.45 Million | -7.35% |
| 2008-12-31 | NT$294.08 Million | -11.53% |
| 2007-12-31 | NT$332.41 Million | +12.67% |
| 2006-12-31 | NT$295.02 Million | -4.43% |
| 2005-12-31 | NT$308.71 Million | +20.43% |
| 2004-12-31 | NT$256.35 Million | -2.20% |
| 2003-12-31 | NT$262.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Good Way Technology 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 decreased by 1307.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$1.69 Billion | 109.14% |
| Total Equity | NT$1.55 Billion | 100.00% |
Good Way Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Good Way Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BRIOSCHI (BFX.SG)
STU:BFX
|
$16.68 Million |
|
SAAM Energy Development Public Company Limited
BK:SAAM
|
$16.68 Million |
|
BEGHELLI S.P.A. EO -05
F:BGQ
|
$16.69 Million |
|
Rocketboots Ltd
AU:ROC
|
$16.69 Million |
|
T Scientific Co.Ltd
KQ:057680
|
$16.66 Million |
|
OpenSys M Bhd
KLSE:0040
|
$16.66 Million |
|
Steamships Trading Company Ltd
AU:SST
|
$16.65 Million |
|
Strategic Minerals Plc
PINK:SMCDF
|
$16.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Good Way Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,558,919,000 to 1,548,379,000, a change of -10,540,000 (-0.7%).
- Net loss of 192,690,000 reduced equity.
- Other factors increased equity by 182,150,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-192.69 Million | -12.44% |
| Other Changes | NT$182.15 Million | +11.76% |
| Total Change | NT$- | -0.68% |
Book Value vs Market Value Analysis
This analysis compares Good Way Technology 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: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.57x to 0.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$30.12 | NT$17.25 | x |
| 2018-12-31 | NT$30.67 | NT$17.25 | x |
| 2019-12-31 | NT$30.53 | NT$17.25 | x |
| 2020-12-31 | NT$29.99 | NT$17.25 | x |
| 2021-12-31 | NT$30.00 | NT$17.25 | x |
| 2022-12-31 | NT$33.16 | NT$17.25 | x |
| 2023-12-31 | NT$25.63 | NT$17.25 | x |
| 2024-12-31 | NT$25.31 | NT$17.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Good Way Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.92%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 3.11x
- Recent ROE (-12.44%) is below the historical average (8.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 4.11% | 1.18% | 1.57x | 2.21x | NT$-15.44 Million |
| 2005 | 15.92% | 3.86% | 1.44x | 2.87x | NT$18.27 Million |
| 2007 | 0.93% | 0.23% | 1.47x | 2.78x | NT$-29.16 Million |
| 2010 | 2.92% | 0.75% | 1.47x | 2.65x | NT$-19.49 Million |
| 2012 | 15.39% | 3.14% | 1.48x | 3.31x | NT$16.22 Million |
| 2013 | 31.57% | 5.90% | 1.88x | 2.84x | NT$98.37 Million |
| 2014 | 32.68% | 12.87% | 1.37x | 1.86x | NT$282.03 Million |
| 2015 | 15.49% | 7.84% | 1.07x | 1.85x | NT$80.77 Million |
| 2016 | 11.44% | 5.30% | 1.03x | 2.09x | NT$21.68 Million |
| 2017 | 10.07% | 4.47% | 1.08x | 2.09x | NT$1.04 Million |
| 2018 | 8.13% | 2.48% | 1.13x | 2.89x | NT$-29.11 Million |
| 2019 | 6.65% | 2.10% | 1.24x | 2.55x | NT$-51.88 Million |
| 2020 | 9.28% | 3.51% | 1.14x | 2.32x | NT$-13.89 Million |
| 2021 | 1.71% | 0.68% | 0.86x | 2.93x | NT$-153.60 Million |
| 2022 | 11.14% | 3.31% | 1.06x | 3.18x | NT$23.01 Million |
| 2023 | -23.92% | -12.30% | 0.72x | 2.70x | NT$-528.78 Million |
| 2024 | -12.44% | -6.92% | 0.58x | 3.11x | NT$-347.53 Million |
Industry Comparison
This section compares Good Way Technology Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $43,365,135,900
- Average return on equity (ROE) among peers: 2.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Good Way Technology Co Ltd (3272) | NT$1.15 Billion | 4.11% | 3.18x | $16.67 Million |
| Solytech Enterprise Corp (1471) | $1.73 Billion | 0.00% | 1.00x | $49.10 Million |
| Lite-On Technology Corp (2301) | $74.58 Billion | 5.93% | 1.28x | $9.62 Billion |
| Microtek International Inc (2305) | $2.23 Billion | 0.30% | 0.28x | $18.55 Million |
| Kinpo Electronics Inc (2312) | $25.86 Billion | 0.85% | 3.17x | $896.54 Million |
| CMC Magnetics Corp (2323) | $37.52 Billion | 11.36% | 0.54x | $302.78 Million |
| Compal Electronics Inc (2324) | $112.28 Billion | 7.24% | 2.09x | $3.88 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.76 Billion | 1.89% | 0.86x | $204.97 Million |
| Ritek Corp (2349) | $11.17 Billion | -23.02% | 0.88x | $261.22 Million |
| Qisda Corp (2352) | $47.28 Billion | 0.00% | 2.52x | $839.54 Million |
| Asustek Computer Inc (2357) | $109.25 Billion | 16.75% | 1.03x | $11.74 Billion |