K Way Information Net Assets
K Way Information net assets. Based on the latest financial reports, K Way Information (5201) has net assets worth NT$690.32 Million TWD (≈ $21.75 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$954.80 Million ≈ $30.08 Million USD) and total liabilities (NT$264.47 Million ≈ $8.33 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 K Way Information annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$690.32 Million |
| % of Total Assets | 72.3% |
| Annual Growth Rate | 9.0% |
| 5-Year Change | 75.12% |
| 10-Year Change | N/A |
| Growth Volatility | 19.59 |
Net Assets of K Way Information (2017–2025)
Net assets of K Way Information from 2017 to 2025. This chart illustrates how K Way Information's net assets have evolved over time, based on quarterly financial data. See K Way Information balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for K Way Information (2017–2025)
The table below shows the annual net assets of K Way Information from 2017 to 2025. For live market cap and overall valuation, see K Way Information (5201) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$690.32 Million ≈ $21.75 Million |
+52.32% |
| 2024-12-31 | NT$453.21 Million ≈ $14.28 Million |
+7.12% |
| 2023-12-31 | NT$423.09 Million ≈ $13.33 Million |
+16.82% |
| 2022-12-31 | NT$362.17 Million ≈ $11.41 Million |
-8.12% |
| 2021-12-31 | NT$394.19 Million ≈ $12.42 Million |
-7.65% |
| 2020-12-31 | NT$426.83 Million ≈ $13.45 Million |
+25.22% |
| 2019-12-31 | NT$340.87 Million ≈ $10.74 Million |
-8.76% |
| 2018-12-31 | NT$373.59 Million ≈ $11.77 Million |
+7.83% |
| 2017-12-31 | NT$346.45 Million ≈ $10.91 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to K Way Information'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 478.7% over the analyzed period, indicating profitable operations and earnings retention.
K Way Information Net Assets Breakdown (December 2025)
K Way Information net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$134.43 Million | 19.57% |
| Other Components | NT$552.46 Million | 80.43% |
| Total Equity | NT$686.89 Million | 100.00% |
K Way Information Competitors by Market Cap
The table below lists competitors of K Way Information ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NUREXONE BIOLOGIC INC.
F:J90
|
$31.64 Million |
|
United-Guardian Inc
NASDAQ:UG
|
$31.65 Million |
|
Jeil Technos Co.Ltd
KQ:038010
|
$31.66 Million |
|
Axteria Group Bhd
KLSE:7120
|
$31.67 Million |
|
Heerim Architects & Planners Co. Ltd
KQ:037440
|
$31.61 Million |
|
New Advanced Electronics Technologies Co Ltd
TWO:3465
|
$31.61 Million |
|
Aeries Technology Inc.
NASDAQ:AERT
|
$31.60 Million |
|
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A.
WAR:ZRE
|
$31.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in K Way Information's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 448,506,000 to 686,895,000, a change of 238,389,000 (53.2%).
- Net loss of 1,908,000 reduced equity.
- Dividend payments of 41,411,000 reduced retained earnings.
- New share issuances of 256,000,000 increased equity.
- Other factors increased equity by 25,708,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-1.91 Million | -0.28% |
| Dividends Paid | NT$41.41 Million | -6.03% |
| Share Issuances | NT$256.00 Million | +37.27% |
| Other Changes | NT$25.71 Million | +3.74% |
| Total Change | NT$- | 53.15% |
Book Value vs Market Value Analysis
This analysis compares K Way Information'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: 1.46x
- 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 2.30x to 1.46x 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$11.29 | NT$25.95 | x |
| 2018-12-31 | NT$12.18 | NT$25.95 | x |
| 2019-12-31 | NT$11.11 | NT$25.95 | x |
| 2020-12-31 | NT$13.91 | NT$25.95 | x |
| 2021-12-31 | NT$12.85 | NT$25.95 | x |
| 2022-12-31 | NT$11.81 | NT$25.95 | x |
| 2023-12-31 | NT$12.89 | NT$25.95 | x |
| 2024-12-31 | NT$13.66 | NT$25.95 | x |
| 2025-12-31 | NT$17.76 | NT$25.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently K Way Information utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.63%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.39x
- Recent ROE (-0.28%) is below the historical average (10.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 1.83% | 3.06% | 0.48x | 1.24x | NT$-28.30 Million |
| 2018 | 11.10% | 16.50% | 0.53x | 1.27x | NT$4.12 Million |
| 2019 | 12.04% | 20.43% | 0.42x | 1.41x | NT$6.96 Million |
| 2020 | 22.29% | 30.70% | 0.53x | 1.36x | NT$52.46 Million |
| 2021 | 12.17% | 21.31% | 0.42x | 1.35x | NT$8.56 Million |
| 2022 | 4.76% | 7.58% | 0.50x | 1.26x | NT$-18.98 Million |
| 2023 | 17.70% | 32.93% | 0.40x | 1.35x | NT$32.56 Million |
| 2024 | 15.36% | 25.47% | 0.42x | 1.42x | NT$24.03 Million |
| 2025 | -0.28% | -0.63% | 0.32x | 1.39x | NT$-70.60 Million |
Industry Comparison
This section compares K Way Information's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,366,177,714
- Average return on equity (ROE) among peers: 11.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| K Way Information (5201) | NT$690.32 Million | 1.83% | 0.38x | $31.62 Million |
| Cyberlink Co (5203) | $4.77 Billion | 23.07% | 0.35x | $139.45 Million |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $544.73 Million | -14.55% | 0.23x | $77.67 Million |
| Penpower Technology Ltd (5211) | $525.85 Million | 3.44% | 0.15x | $19.98 Million |
| Dimerco Data System (5403) | $1.27 Billion | 15.18% | 1.31x | $213.79 Million |
| Insyde Software (6231) | $633.68 Million | 5.88% | 0.34x | $322.18 Million |
| Interactive Digital Technologies (6486) | $1.09 Billion | 22.09% | 1.48x | $130.20 Million |
| Mitake Information (8284) | $725.50 Million | 25.25% | 0.66x | $98.11 Million |
About K Way Information
K WAY Information Corporation provides software services in Taiwan. The company offers securities and futures business solutions, such as trading systems, settlement and clearing management systems, order management systems, gateway systems, online trading systems, mobile trading systems, single machines, and quote service systems. It also provides high-frequency trading solution; and program tra… Read more