Godex International Co., Ltd
Godex International Co., Ltd engages in the research and development, manufacture, and sale of barcode label printers and peripheral parts worldwide. It offers desktop, industrial, and mobile printers; tube labeling systems; print mechanisms; accessories; specialty products; accessories; and ribbons, including wax, wax/resin, resin, and near-edge ribbons. The company also provides software soluti… Read more
Godex International Co., Ltd (4987) - Net Assets
Latest net assets as of September 2025: NT$1.18 Billion TWD
Based on the latest financial reports, Godex International Co., Ltd (4987) has net assets worth NT$1.18 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.55 Billion) and total liabilities (NT$369.37 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$1.18 Billion |
| % of Total Assets | 76.15% |
| Annual Growth Rate | 7.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.07 |
Godex International Co., Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Godex International 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 Godex International Co., Ltd (2021–2024)
The table below shows the annual net assets of Godex International Co., Ltd from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.20 Billion | +9.73% |
| 2023-12-31 | NT$1.10 Billion | +0.66% |
| 2022-12-31 | NT$1.09 Billion | +12.54% |
| 2021-12-31 | NT$968.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Godex International 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 36.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$496.73 Million | 41.27% |
| Other Components | NT$707.02 Million | 58.73% |
| Total Equity | NT$1.20 Billion | 100.00% |
Godex International Co., Ltd Competitors by Market Cap
The table below lists competitors of Godex International Co., Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hashdex Defi Index Fundo De Indice
SA:DEFI11
|
$22.06K |
|
Tien Phong Plastic JSC
VN:NTP
|
$22.07K |
|
CHINA MOLYBDENU -H-
MU:D7N
|
$22.07K |
|
CENTRICA
MU:CENB
|
$22.07K |
|
ELLEN
NSE:ELLEN
|
$22.03K |
|
DIRR3F
SA:DIRR3F
|
$21.97K |
|
Chinyang Holdings Corp.
KQ:100250
|
$21.97K |
|
SsangYong Motor Co. Ltd.
KQ:003620
|
$21.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Godex International Co., Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,097,005,000 to 1,203,755,000, a change of 106,750,000 (9.7%).
- Net income of 206,884,000 contributed positively to equity growth.
- Dividend payments of 111,573,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$206.88 Million | +17.19% |
| Dividends Paid | NT$111.57 Million | -9.27% |
| Other Changes | NT$11.44 Million | +0.95% |
| Total Change | NT$- | 9.73% |
Book Value vs Market Value Analysis
This analysis compares Godex International 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: 2.14x
- 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 2.66x to 2.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | NT$30.38 | NT$80.90 | x |
| 2022-12-31 | NT$34.19 | NT$80.90 | x |
| 2023-12-31 | NT$34.41 | NT$80.90 | x |
| 2024-12-31 | NT$37.76 | NT$80.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Godex International 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): 17.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.01%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.33x
- Recent ROE (17.19%) is above the historical average (15.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.79% | 11.03% | 0.90x | 1.38x | NT$36.69 Million |
| 2022 | 17.40% | 14.73% | 0.89x | 1.33x | NT$80.60 Million |
| 2023 | 13.19% | 12.60% | 0.83x | 1.27x | NT$34.97 Million |
| 2024 | 17.19% | 16.01% | 0.80x | 1.33x | NT$86.51 Million |
Industry Comparison
This section compares Godex International 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 |
|---|---|---|---|---|
| Godex International Co., Ltd (4987) | NT$1.18 Billion | 13.79% | 0.31x | $22.04K |
| 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 |