Grand Fortune Securities Co Ltd (6026) - Net Assets

Latest as of December 2025: NT$6.11 Billion TWD ≈ $192.65 Million USD

Based on the latest financial reports, Grand Fortune Securities Co Ltd (6026) has net assets worth NT$6.11 Billion TWD (≈ $192.65 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$14.82 Billion ≈ $466.96 Million USD) and total liabilities (NT$8.71 Billion ≈ $274.31 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. Check Grand Fortune Securities Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	NT$6.11 Billion
% of Total Assets	41.26%
Annual Growth Rate	8.99%
5-Year Change	10.84%
10-Year Change	96.19%
Growth Volatility	17.98

Grand Fortune Securities Co Ltd - Net Assets Trend (2015–2025)

This chart illustrates how Grand Fortune Securities Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Grand Fortune Securities Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Grand Fortune Securities Co Ltd (2015–2025)

The table below shows the annual net assets of Grand Fortune Securities Co Ltd from 2015 to 2025. For live valuation and market cap data, see Grand Fortune Securities Co Ltd (6026) market capitalisation.

Year	Net Assets	Change
2025-12-31	NT$6.11 Billion ≈ $192.65 Million	+7.02%
2024-12-31	NT$5.71 Billion ≈ $180.02 Million	+0.29%
2023-12-31	NT$5.70 Billion ≈ $179.51 Million	+19.14%
2022-12-31	NT$4.78 Billion ≈ $150.67 Million	-13.31%
2021-12-31	NT$5.52 Billion ≈ $173.81 Million	+54.73%
2020-12-31	NT$3.57 Billion ≈ $112.33 Million	+3.53%
2019-12-31	NT$3.44 Billion ≈ $108.49 Million	+4.73%
2018-12-31	NT$3.29 Billion ≈ $103.59 Million	-7.43%
2017-12-31	NT$3.55 Billion ≈ $111.90 Million	+13.95%
2016-12-31	NT$3.12 Billion ≈ $98.20 Million	+20.62%
2015-12-31	NT$2.58 Billion ≈ $81.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Grand Fortune Securities 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 177.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	NT$770.98 Million	12.61%
Other Components	NT$5.34 Billion	87.39%
Total Equity	NT$6.11 Billion	100.00%

Grand Fortune Securities Co Ltd Competitors by Market Cap

The table below lists competitors of Grand Fortune Securities Co Ltd ranked by their market capitalization.

Company	Market Cap
Virgin Galactic Holdings Inc NYSE:SPCE	$191.60 Million
Achieve Life Sciences Inc F:SP4P	$191.64 Million
CCK Consolidated Holdings Bhd KLSE:7035	$191.78 Million
Acrow Ltd AU:ACF	$191.79 Million
DingZing Advanced Materials Inc. TW:6585	$191.58 Million
Hanmiglobal KO:053690	$191.54 Million
Information Services Group Inc NASDAQ:III	$191.54 Million
Strike Energy Limited F:RJN	$191.47 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grand Fortune Securities Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,714,043,000 to 6,114,912,000, a change of 400,869,000 (7.0%).
Net income of 682,970,000 contributed positively to equity growth.
Dividend payments of 435,232,000 reduced retained earnings.
Other factors increased equity by 153,131,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	NT$682.97 Million	+11.17%
Dividends Paid	NT$435.23 Million	-7.12%
Other Changes	NT$153.13 Million	+2.5%
Total Change	NT$-	7.02%

Book Value vs Market Value Analysis

This analysis compares Grand Fortune Securities 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: 0.99x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 1.22x to 0.99x 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$12.59	NT$15.35	x
2018-12-31	NT$11.50	NT$15.35	x
2019-12-31	NT$12.26	NT$15.35	x
2020-12-31	NT$12.62	NT$15.35	x
2021-12-31	NT$17.14	NT$15.35	x
2022-12-31	NT$12.52	NT$15.35	x
2023-12-31	NT$14.38	NT$15.35	x
2024-12-31	NT$14.42	NT$15.35	x
2025-12-31	NT$15.44	NT$15.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grand Fortune Securities 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): 11.17%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 64.96%
• Asset Turnover: 0.07x
• Equity Multiplier: 2.42x
Recent ROE (11.17%) is above the historical average (8.49%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	5.15%	36.82%	0.10x	1.38x	NT$-125.35 Million
2016	4.39%	40.44%	0.07x	1.48x	NT$-154.30 Million
2017	15.31%	58.62%	0.17x	1.50x	NT$167.59 Million
2018	1.29%	9.28%	0.08x	1.67x	NT$-252.26 Million
2019	7.85%	51.97%	0.09x	1.73x	NT$-67.05 Million
2020	7.96%	45.57%	0.08x	2.26x	NT$-65.81 Million
2021	27.44%	90.90%	0.11x	2.67x	NT$897.19 Million
2022	-5.84%	-26.79%	0.09x	2.35x	NT$-717.53 Million
2023	10.98%	55.28%	0.09x	2.27x	NT$55.83 Million
2024	7.66%	31.42%	0.11x	2.18x	NT$-133.51 Million
2025	11.17%	64.96%	0.07x	2.42x	NT$71.48 Million

Industry Comparison

This section compares Grand Fortune Securities Co Ltd's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

Industry: Capital Markets
Average net assets among peers: $16,122,302,200
Average return on equity (ROE) among peers: 4.29%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Grand Fortune Securities Co Ltd (6026)	NT$6.11 Billion	5.15%	1.42x	$191.59 Million
China Bills Finance Corp (2820)	$22.39 Billion	7.19%	8.27x	$710.82 Million
President Securities Corp (2855)	$29.81 Billion	2.45%	2.18x	$1.80 Billion
IBF Financial Holdings Co Ltd (2889)	$32.30 Billion	4.18%	5.78x	$1.66 Billion
Concord International Securities Co Ltd (5864)	$3.12 Billion	9.62%	0.15x	$408.09 Million
Capital Securities Corp (6005)	$32.20 Billion	6.29%	1.60x	$1.92 Billion
Horizon Securities Co Ltd (6015)	$4.79 Billion	-5.32%	1.35x	$175.18 Million
Concord Securities Co Ltd (6016)	$7.76 Billion	3.04%	3.38x	$420.73 Million
Tachan Securities Co Ltd (6020)	$3.67 Billion	-0.04%	0.23x	$153.05 Million
Good Finance Securities Co Ltd (6021)	$5.76 Billion	1.84%	1.63x	$325.28 Million
Yuanta Futures Co Ltd (6023)	$19.44 Billion	13.66%	8.50x	$1.00 Billion

About Grand Fortune Securities Co Ltd

TWO:6026 Taiwan Capital Markets

Market Cap

$191.59 Million

NT$6.08 Billion TWD

Market Cap Rank

#16707 Global

#811 in Taiwan

Share Price

NT$15.35

Change (1 day)

+0.66%

52-Week Range

NT$10.85 - NT$15.35

All Time High

NT$16.22