Userjoy Technology Co Ltd Net Assets
Userjoy Technology Co Ltd net assets. Based on the latest financial reports, Userjoy Technology Co Ltd (3546) has net assets worth NT$1.63 Billion TWD (≈ $51.41 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.52 Billion ≈ $79.30 Million USD) and total liabilities (NT$885.37 Million ≈ $27.89 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. Also explore how fast is Userjoy Technology Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.63 Billion |
| % of Total Assets | 64.83% |
| Annual Growth Rate | 4.47% |
| 5-Year Change | 4.3% |
| 10-Year Change | 51.11% |
| Growth Volatility | 11.91 |
Net Assets of Userjoy Technology Co Ltd (2008–2025)
Net assets of Userjoy Technology Co Ltd from 2008 to 2025. This chart illustrates how Userjoy Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Userjoy Technology Co Ltd (3546) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Userjoy Technology Co Ltd (2008–2025)
The table below shows the annual net assets of Userjoy Technology Co Ltd from 2008 to 2025. For live market cap and overall valuation, see Userjoy Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$1.52 Billion ≈ $47.85 Million |
-6.72% |
| 2024-12-31 | NT$1.63 Billion ≈ $51.30 Million |
+6.07% |
| 2023-12-31 | NT$1.54 Billion ≈ $48.37 Million |
+1.47% |
| 2022-12-31 | NT$1.51 Billion ≈ $47.67 Million |
+3.89% |
| 2021-12-31 | NT$1.46 Billion ≈ $45.88 Million |
+9.22% |
| 2020-12-31 | NT$1.33 Billion ≈ $42.01 Million |
+13.00% |
| 2019-12-31 | NT$1.18 Billion ≈ $37.18 Million |
+1.87% |
| 2018-12-31 | NT$1.16 Billion ≈ $36.49 Million |
+7.03% |
| 2017-12-31 | NT$1.08 Billion ≈ $34.10 Million |
+7.67% |
| 2016-12-31 | NT$1.01 Billion ≈ $31.67 Million |
+18.38% |
| 2015-12-31 | NT$849.10 Million ≈ $26.75 Million |
-5.07% |
| 2014-12-31 | NT$894.50 Million ≈ $28.18 Million |
-3.96% |
| 2013-12-31 | NT$931.36 Million ≈ $29.34 Million |
-8.97% |
| 2012-12-31 | NT$1.02 Billion ≈ $32.23 Million |
+10.25% |
| 2011-12-31 | NT$927.99 Million ≈ $29.24 Million |
-18.90% |
| 2010-12-31 | NT$1.14 Billion ≈ $36.05 Million |
+18.56% |
| 2009-12-31 | NT$965.17 Million ≈ $30.41 Million |
+33.57% |
| 2008-12-31 | NT$722.57 Million ≈ $22.77 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Userjoy 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 grown by 9.3% over the analyzed period, indicating profitable operations and earnings retention.
Userjoy Technology Co Ltd Net Assets Breakdown (December 2025)
Userjoy Technology Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$232.08 Million | 15.28% |
| Other Components | NT$1.29 Billion | 84.72% |
| Total Equity | NT$1.52 Billion | 100.00% |
Userjoy Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Userjoy Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HomeToGo SE
XETRA:HTG
|
$143.25 Million |
|
St.Shine Optical Co Ltd
TWO:1565
|
$143.27 Million |
|
GSI Technology Inc
NASDAQ:GSIT
|
$143.30 Million |
|
ROKISKIO SURIS PC EO 029
F:YTV
|
$143.31 Million |
|
EUROZ Hartleys Group Ltd
AU:EZL
|
$143.09 Million |
|
Empro Group Inc. Ordinary shares
NASDAQ:EMPG
|
$143.05 Million |
|
Pantech Group Holdings Bhd
KLSE:5125
|
$143.04 Million |
|
Tai-Saw Technology Co Ltd
TWO:3221
|
$142.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Userjoy Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,628,386,000 to 1,518,907,000, a change of -109,479,000 (-6.7%).
- Net income of 115,073,000 contributed positively to equity growth.
- Dividend payments of 217,775,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$115.07 Million | +7.58% |
| Dividends Paid | NT$217.78 Million | -14.34% |
| Other Changes | NT$-6.78 Million | -0.45% |
| Total Change | NT$- | -6.72% |
Book Value vs Market Value Analysis
This analysis compares Userjoy 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: 2.99x
- 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 3.10x to 2.99x 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$23.92 | NT$74.10 | x |
| 2018-12-31 | NT$25.48 | NT$74.10 | x |
| 2019-12-31 | NT$25.96 | NT$74.10 | x |
| 2020-12-31 | NT$29.06 | NT$74.10 | x |
| 2021-12-31 | NT$30.23 | NT$74.10 | x |
| 2022-12-31 | NT$31.41 | NT$74.10 | x |
| 2023-12-31 | NT$25.02 | NT$74.10 | x |
| 2024-12-31 | NT$26.54 | NT$74.10 | x |
| 2025-12-31 | NT$24.76 | NT$74.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Userjoy 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): 7.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.09%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.60x
- Recent ROE (7.58%) is below the historical average (14.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 19.89% | 28.67% | 0.61x | 1.14x | NT$71.48 Million |
| 2009 | 31.85% | 30.93% | 0.88x | 1.17x | NT$210.88 Million |
| 2010 | 33.57% | 28.50% | 1.00x | 1.18x | NT$269.75 Million |
| 2011 | 2.02% | 2.17% | 0.82x | 1.13x | NT$-74.08 Million |
| 2012 | 10.42% | 11.49% | 0.77x | 1.17x | NT$4.25 Million |
| 2013 | 3.52% | 4.09% | 0.74x | 1.16x | NT$-59.95 Million |
| 2014 | 0.69% | 0.83% | 0.72x | 1.15x | NT$-82.37 Million |
| 2015 | -3.36% | -4.41% | 0.67x | 1.14x | NT$-112.50 Million |
| 2016 | 13.41% | 17.55% | 0.62x | 1.23x | NT$34.05 Million |
| 2017 | 15.75% | 17.24% | 0.73x | 1.25x | NT$62.24 Million |
| 2018 | 16.45% | 16.81% | 0.78x | 1.25x | NT$74.69 Million |
| 2019 | 16.86% | 17.33% | 0.79x | 1.24x | NT$80.91 Million |
| 2020 | 21.22% | 18.25% | 0.91x | 1.28x | NT$149.66 Million |
| 2021 | 19.90% | 17.06% | 0.88x | 1.32x | NT$144.13 Million |
| 2022 | 21.39% | 20.44% | 0.83x | 1.27x | NT$172.34 Million |
| 2023 | 13.97% | 15.68% | 0.70x | 1.28x | NT$60.93 Million |
| 2024 | 18.07% | 21.12% | 0.59x | 1.45x | NT$131.48 Million |
| 2025 | 7.58% | 8.09% | 0.59x | 1.60x | NT$-36.82 Million |
Industry Comparison
This section compares Userjoy Technology 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: $2,235,880,000
- Average return on equity (ROE) among peers: 9.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Userjoy Technology Co Ltd (3546) | NT$1.63 Billion | 19.89% | 0.54x | $143.22 Million |
| Chinese Gamer International (3083) | $1.35 Billion | 0.05% | 0.08x | $61.99 Million |
| Wayi International Digital Entertainment Co (3086) | $315.84 Million | 29.43% | 0.23x | $22.04 Million |
| International Games System Co Ltd (3293) | $3.37 Billion | 26.45% | 0.29x | $7.19 Billion |
| MacroWell OMG Digital Entertainment Co Ltd (3687) | $1.39 Billion | -9.43% | 1.02x | $55.24 Million |
| X-Legend Entertainment Co Ltd (4994) | $1.22 Billion | 25.94% | 0.33x | $177.35 Million |
| Soft-World International (5478) | $5.84 Billion | 6.54% | 0.65x | $456.94 Million |
| Softstar Entertainment (6111) | $4.03 Billion | 1.92% | 0.96x | $105.71 Million |
| Gamania Digital Entertainment Co Ltd (6180) | $2.46 Billion | 3.00% | 0.91x | $213.10 Million |
| Fun Yours Technology Co Ltd (6482) | $137.36 Million | 0.00% | 0.20x | $20.16 Million |
About Userjoy Technology Co Ltd
USERJOY Technology Co.,Ltd., together with its subsidiaries, designs, researches, develops, and sells online and mobile game software in Taiwan and internationally. The company offers single player games on PC, massive multiplayer online role-playing games, web and mobile games, console games, and AR/VR games. USERJOY Technology Co.,Ltd. was incorporated in 1995 and is headquartered in New Taipei… Read more