International Games System Co Ltd
International Games System Co.,Ltd. plans, designs, researches, develops, manufactures, markets, services, and licenses arcade, online, and mobile games in Taiwan, the United Kingdom, Curacao, and Malta. The company offers arcade games, such as MONSTER EYE 3,ASPHALT MOTO BLITZ DX, SAILOR'S QUEST VR, HYPERCROSS, Rolling Hero, ASPHALT9:LEGENDS ARCADE DX, Train's Party, Shooting Mania2, Ocean Tale, … Read more
International Games System Co Ltd (3293) - Net Assets
Latest net assets as of June 2025: NT$13.28 Billion TWD
Based on the latest financial reports, International Games System Co Ltd (3293) has net assets worth NT$13.28 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$28.53 Billion) and total liabilities (NT$15.26 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$13.28 Billion |
| % of Total Assets | 46.54% |
| Annual Growth Rate | 21.69% |
| 5-Year Change | 145.99% |
| 10-Year Change | N/A |
| Growth Volatility | 11.39 |
International Games System Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how International Games System 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 International Games System Co Ltd (2015–2024)
The table below shows the annual net assets of International Games System Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$16.39 Billion | +34.35% |
| 2023-12-31 | NT$12.20 Billion | +14.37% |
| 2022-12-31 | NT$10.66 Billion | +18.84% |
| 2021-12-31 | NT$8.97 Billion | +34.71% |
| 2020-12-31 | NT$6.66 Billion | +33.12% |
| 2019-12-31 | NT$5.00 Billion | +32.92% |
| 2018-12-31 | NT$3.76 Billion | +3.15% |
| 2017-12-31 | NT$3.65 Billion | +8.40% |
| 2016-12-31 | NT$3.37 Billion | +20.27% |
| 2015-12-31 | NT$2.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to International Games System 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 491.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$10.90 Billion | 66.57% |
| Other Components | NT$5.48 Billion | 33.43% |
| Total Equity | NT$16.38 Billion | 100.00% |
International Games System Co Ltd Competitors by Market Cap
The table below lists competitors of International Games System Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Aeroportuario del Centro Norte SAB de CV
NASDAQ:OMAB
|
$5.35 Billion |
|
Balchem Corporation
NASDAQ:BCPC
|
$5.36 Billion |
|
Pidilite Industries Limited
NSE:PIDILITIND
|
$5.36 Billion |
|
Enphase Energy Inc
NASDAQ:ENPH
|
$5.36 Billion |
|
Grifols S.A
PINK:GIFLF
|
$5.35 Billion |
|
United Bankshares Inc
NASDAQ:UBSI
|
$5.35 Billion |
|
Zhangzhou Pientzehuang Pharmaceutical Co Ltd
SHG:600436
|
$5.34 Billion |
|
DaVita HealthCare Partners Inc
NYSE:DVA
|
$5.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in International Games System Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,192,309,000 to 16,381,930,000, a change of 4,189,621,000 (34.4%).
- Net income of 9,057,775,000 contributed positively to equity growth.
- Dividend payments of 4,931,527,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$9.06 Billion | +55.29% |
| Dividends Paid | NT$4.93 Billion | -30.1% |
| Other Changes | NT$63.37 Million | +0.39% |
| Total Change | NT$- | 34.36% |
Book Value vs Market Value Analysis
This analysis compares International Games System 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: 12.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13.87x to 12.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$52.05 | NT$722.00 | x |
| 2018-12-31 | NT$53.54 | NT$722.00 | x |
| 2019-12-31 | NT$70.86 | NT$722.00 | x |
| 2020-12-31 | NT$94.35 | NT$722.00 | x |
| 2021-12-31 | NT$127.17 | NT$722.00 | x |
| 2022-12-31 | NT$37.83 | NT$722.00 | x |
| 2023-12-31 | NT$43.27 | NT$722.00 | x |
| 2024-12-31 | NT$58.13 | NT$722.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently International Games System 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): 55.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.93%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.35x
- Recent ROE (55.29%) is above the historical average (38.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 10.99% | 15.99% | 0.56x | 1.22x | NT$27.51 Million |
| 2016 | 26.50% | 26.82% | 0.76x | 1.30x | NT$554.44 Million |
| 2017 | 24.90% | 27.37% | 0.74x | 1.23x | NT$542.61 Million |
| 2018 | 23.36% | 28.59% | 0.66x | 1.23x | NT$501.52 Million |
| 2019 | 39.57% | 37.34% | 0.80x | 1.33x | NT$1.48 Billion |
| 2020 | 51.28% | 40.45% | 0.93x | 1.36x | NT$2.74 Billion |
| 2021 | 52.85% | 41.95% | 0.92x | 1.37x | NT$3.84 Billion |
| 2022 | 51.39% | 45.85% | 0.84x | 1.33x | NT$4.41 Billion |
| 2023 | 52.70% | 45.33% | 0.86x | 1.35x | NT$5.21 Billion |
| 2024 | 55.29% | 48.93% | 0.84x | 1.35x | NT$7.42 Billion |
Industry Comparison
This section compares International Games System Co Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $2,198,598,889
- Average return on equity (ROE) among peers: 2.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| International Games System Co Ltd (3293) | NT$13.28 Billion | 10.99% | 1.15x | $5.35 Billion |
| Chinese Gamer International (3083) | $1.06 Billion | -5.88% | 0.16x | $33.78 Million |
| Wayi International Digital Entertainment Co (3086) | $222.89 Million | 0.25% | 0.39x | $44.55 Million |
| Userjoy Technology Co Ltd (3546) | $1.16 Billion | 16.45% | 0.25x | $94.02 Million |
| MacroWell OMG Digital Entertainment Co Ltd (3687) | $3.68 Billion | 2.22% | 1.27x | $41.14 Million |
| Cayenne Entertainment Technology Co. Ltd. (4946) | $118.92 Million | 20.59% | 1.02x | $20.54 Million |
| X-Legend Entertainment Co Ltd (4994) | $1.00 Billion | -28.66% | 0.41x | $99.66 Million |
| Soft-World International (5478) | $8.17 Billion | 10.52% | 1.07x | $163.32 Million |
| Softstar Entertainment (6111) | $4.03 Billion | 1.92% | 0.96x | $78.55 Million |
| InterServ International Inc. (6169) | $330.97 Million | 0.93% | 0.22x | $8.66 Million |