Cayenne Entertainment Technology Co. Ltd.

TWO:4946 Taiwan Electronic Gaming & Multimedia
Market Cap
$34.59 Million
NT$1.14 Billion TWD
Market Cap Rank
#25364 Global
#1578 in Taiwan
Share Price
NT$146.50
Change (1 day)
+2.81%
52-Week Range
NT$74.70 - NT$257.00
All Time High
NT$257.00
About

Cayenne Entertainment Technology Co., Ltd. provides various casual gaming services to online entertainment community in Taiwan. It also offers information software; data processing services, and general advertising services; and game agency services. Cayenne Entertainment Technology Co., Ltd. was founded in 2006 and is based in Taipei City, Taiwan.

Cayenne Entertainment Technology Co. Ltd. (4946) - Net Assets

Latest net assets as of March 2023: NT$45.83 Million TWD

Based on the latest financial reports, Cayenne Entertainment Technology Co. Ltd. (4946) has net assets worth NT$45.83 Million TWD as of March 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$156.17 Million) and total liabilities (NT$110.33 Million). 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$45.83 Million
% of Total Assets 29.35%
Annual Growth Rate -35.13%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 33.64

Cayenne Entertainment Technology Co. Ltd. - Net Assets Trend (2019–2022)

This chart illustrates how Cayenne Entertainment 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 Cayenne Entertainment Technology Co. Ltd. (2019–2022)

The table below shows the annual net assets of Cayenne Entertainment Technology Co. Ltd. from 2019 to 2022.

Year Net Assets Change
2022-12-31 NT$46.83 Million -60.62%
2021-12-31 NT$118.92 Million +18.37%
2020-12-31 NT$100.47 Million -41.45%
2019-12-31 NT$171.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to Cayenne Entertainment 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 2545900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Other Components NT$188.24 Million 393.58%
Total Equity NT$47.83 Million 100.00%

Cayenne Entertainment Technology Co. Ltd. Competitors by Market Cap

The table below lists competitors of Cayenne Entertainment Technology Co. Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Cayenne Entertainment Technology Co. Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2021 to 2022, total equity changed from 118,924,000 to 47,829,000, a change of -71,095,000 (-59.8%).
  • Net loss of 113,130,000 reduced equity.
  • New share issuances of 47,774,000 increased equity.
  • Other factors decreased equity by 5,739,000.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income NT$-113.13 Million -236.53%
Share Issuances NT$47.77 Million +99.89%
Other Changes NT$-5.74 Million -12.0%
Total Change NT$- -59.78%

Book Value vs Market Value Analysis

This analysis compares Cayenne Entertainment 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: 45.10x
  • 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 increased from 14.58x to 45.10x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 NT$10.05 NT$146.50 x
2020-12-31 NT$7.36 NT$146.50 x
2021-12-31 NT$8.71 NT$146.50 x
2022-12-31 NT$3.25 NT$146.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cayenne Entertainment 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): -236.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -99.16%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 3.58x
  • Recent ROE (-236.53%) is below the historical average (-106.04%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 -141.64% -57.57% 0.95x 2.60x NT$-208.09 Million
2020 -66.58% -79.40% 0.38x 2.20x NT$-76.94 Million
2021 20.59% 58.86% 0.17x 2.02x NT$12.59 Million
2022 -236.53% -99.16% 0.67x 3.58x NT$-117.91 Million

Industry Comparison

This section compares Cayenne Entertainment 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: $3,008,629,222
  • Average return on equity (ROE) among peers: 7.98%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Cayenne Entertainment Technology Co. Ltd. (4946) NT$45.83 Million -141.64% 2.41x $20.54 Million
Chinese Gamer International (3083) $1.13 Billion -2.01% 0.12x $33.78 Million
Wayi International Digital Entertainment Co (3086) $134.18 Million -44.96% 1.53x $44.55 Million
International Games System Co Ltd (3293) $8.97 Billion 52.77% 0.36x $5.35 Billion
Userjoy Technology Co Ltd (3546) $1.01 Billion 13.32% 0.22x $94.02 Million
MacroWell OMG Digital Entertainment Co Ltd (3687) $3.96 Billion 1.32% 1.22x $41.14 Million
X-Legend Entertainment Co Ltd (4994) $1.79 Billion 24.25% 0.44x $99.66 Million
Soft-World International (5478) $6.48 Billion 6.50% 0.74x $163.32 Million
Softstar Entertainment (6111) $3.27 Billion 18.91% 0.63x $78.55 Million
InterServ International Inc. (6169) $336.85 Million 1.69% 0.33x $8.66 Million