InterServ International Inc.
InterServ International Inc. engages in the research and development, licensing, and agency of online games and mobile games worldwide. The company is involved in edutainment related activities; and the research, development, and operation of TV/PC/online/Web/mobile games. It also develops PC MMORPG, casual games, console games, and mobile games. InterServ International Inc. was founded in 1989 a… Read more
InterServ International Inc. (6169) - Net Assets
Latest net assets as of June 2024: NT$303.68 Million TWD
Based on the latest financial reports, InterServ International Inc. (6169) has net assets worth NT$303.68 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$418.94 Million) and total liabilities (NT$115.26 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$303.68 Million |
| % of Total Assets | 72.49% |
| Annual Growth Rate | -7.99% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 55.06 |
InterServ International Inc. - Net Assets Trend (2019–2023)
This chart illustrates how InterServ International Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for InterServ International Inc. (2019–2023)
The table below shows the annual net assets of InterServ International Inc. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$320.61 Million | -4.82% |
| 2022-12-31 | NT$336.85 Million | +1.78% |
| 2021-12-31 | NT$330.97 Million | +92.25% |
| 2020-12-31 | NT$172.16 Million | -61.52% |
| 2019-12-31 | NT$447.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to InterServ International Inc.'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 12488700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$94.32 Million | 29.42% |
| Common Stock | NT$233.95 Million | 72.97% |
| Total Equity | NT$320.61 Million | 100.00% |
InterServ International Inc. Competitors by Market Cap
The table below lists competitors of InterServ International Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rifa Ind
KO:000760
|
$8.66 Million |
|
Micro Leasing Public Company Limited
BK:MICRO
|
$8.67 Million |
|
Latitude 66 Ltd
AU:LAT
|
$8.67 Million |
|
Madison Metals Inc.
OTCQB:MMTLF
|
$8.67 Million |
|
Olidata S.p.A.
F:OL40
|
$8.66 Million |
|
Pulsenmore Ltd. Ordinary Shares
NASDAQ:PLSM
|
$8.66 Million |
|
INNOVATEC S.P.A.
F:5JT
|
$8.66 Million |
|
Fun Yours Technology Co Ltd
TWO:6482
|
$8.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in InterServ International Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 336,853,000 to 320,607,000, a change of -16,246,000 (-4.8%).
- Net loss of 16,226,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-16.23 Million | -5.06% |
| Other Changes | NT$-20.00K | -0.01% |
| Total Change | NT$- | -4.82% |
Book Value vs Market Value Analysis
This analysis compares InterServ International Inc.'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: 1.23x
- 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 1.90x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$8.82 | NT$16.80 | x |
| 2020-12-31 | NT$7.36 | NT$16.80 | x |
| 2021-12-31 | NT$14.15 | NT$16.80 | x |
| 2022-12-31 | NT$14.40 | NT$16.80 | x |
| 2023-12-31 | NT$13.70 | NT$16.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently InterServ International Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -84.53%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.34x
- Recent ROE (-5.06%) is above the historical average (-6.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -14.95% | -16.96% | 0.40x | 2.20x | NT$-51.49 Million |
| 2020 | -16.14% | -23.63% | 0.48x | 1.43x | NT$-45.00 Million |
| 2021 | 0.93% | 26.80% | 0.03x | 1.22x | NT$-30.02 Million |
| 2022 | 1.69% | 137.20% | 0.01x | 1.33x | NT$-27.98 Million |
| 2023 | -5.06% | -84.53% | 0.04x | 1.34x | NT$-48.29 Million |
Industry Comparison
This section compares InterServ International Inc.'s net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $2,984,414,889
- Average return on equity (ROE) among peers: 10.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| InterServ International Inc. (6169) | NT$303.68 Million | -14.95% | 0.38x | $8.66 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 |
| Cayenne Entertainment Technology Co. Ltd. (4946) | $118.92 Million | 20.59% | 1.02x | $20.54 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 |