Galaxy Far East Net Assets
Galaxy Far East net assets. Based on the latest financial reports, Galaxy Far East (6227) has net assets worth NT$2.93 Billion TWD (≈ $92.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$10.41 Billion ≈ $327.84 Million USD) and total liabilities (NT$7.47 Billion ≈ $235.40 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 Galaxy Far East net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$2.93 Billion |
| % of Total Assets | 28.2% |
| Annual Growth Rate | 8.63% |
| 5-Year Change | 49.24% |
| 10-Year Change | N/A |
| Growth Volatility | 6.57 |
Net Assets of Galaxy Far East (2016–2025)
Net assets of Galaxy Far East from 2016 to 2025. This chart illustrates how Galaxy Far East's net assets have evolved over time, based on quarterly financial data. See how leveraged is Galaxy Far East's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Galaxy Far East (2016–2025)
The table below shows the annual net assets of Galaxy Far East from 2016 to 2025. For live market cap and overall valuation, see 6227 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$3.04 Billion ≈ $95.75 Million |
+10.29% |
| 2024-12-31 | NT$2.76 Billion ≈ $86.82 Million |
+15.29% |
| 2023-12-31 | NT$2.39 Billion ≈ $75.30 Million |
-0.35% |
| 2022-12-31 | NT$2.40 Billion ≈ $75.56 Million |
+17.78% |
| 2021-12-31 | NT$2.04 Billion ≈ $64.15 Million |
+17.30% |
| 2020-12-31 | NT$1.74 Billion ≈ $54.69 Million |
+6.52% |
| 2019-12-31 | NT$1.63 Billion ≈ $51.35 Million |
+0.30% |
| 2018-12-31 | NT$1.62 Billion ≈ $51.19 Million |
+9.05% |
| 2017-12-31 | NT$1.49 Billion ≈ $46.95 Million |
+3.28% |
| 2016-12-31 | NT$1.44 Billion ≈ $45.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Galaxy Far East'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 407.4% over the analyzed period, indicating profitable operations and earnings retention.
Galaxy Far East Net Assets Breakdown (December 2025)
Galaxy Far East net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.59 Billion | 53.35% |
| Other Components | NT$1.39 Billion | 46.65% |
| Total Equity | NT$2.99 Billion | 100.00% |
Galaxy Far East Competitors by Market Cap
The table below lists competitors of Galaxy Far East ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seaport Entertainment Group Inc.
NYSE:SEG
|
$288.98 Million |
|
Ring Energy Inc
NYSE MKT:REI
|
$288.98 Million |
|
Yunnan Metropolitan Real Estate Development Co Ltd
SHG:600239
|
$289.00 Million |
|
Ganesha Ecosphere Limited
NSE:GANECOS
|
$289.01 Million |
|
Clearview Wealth Ltd
AU:CVW
|
$288.91 Million |
|
Plum Acquisition Corp. IV Unit
NASDAQ:PLMKU
|
$288.73 Million |
|
Youngtek Electronics
TWO:6261
|
$288.65 Million |
|
AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust
BK:AIMIRT
|
$288.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galaxy Far East's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,717,101,000 to 2,988,775,000, a change of 271,674,000 (10.0%).
- Net income of 573,708,000 contributed positively to equity growth.
- Dividend payments of 289,225,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$573.71 Million | +19.2% |
| Dividends Paid | NT$289.23 Million | -9.68% |
| Other Changes | NT$-12.81 Million | -0.43% |
| Total Change | NT$- | 10.00% |
Book Value vs Market Value Analysis
This analysis compares Galaxy Far East'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: 3.07x
- 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 decreased from 6.42x to 3.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$18.76 | NT$120.50 | x |
| 2017-12-31 | NT$19.31 | NT$120.50 | x |
| 2018-12-31 | NT$20.84 | NT$120.50 | x |
| 2019-12-31 | NT$21.06 | NT$120.50 | x |
| 2020-12-31 | NT$22.39 | NT$120.50 | x |
| 2021-12-31 | NT$26.12 | NT$120.50 | x |
| 2022-12-31 | NT$30.43 | NT$120.50 | x |
| 2023-12-31 | NT$30.66 | NT$120.50 | x |
| 2024-12-31 | NT$35.70 | NT$120.50 | x |
| 2025-12-31 | NT$39.27 | NT$120.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galaxy Far East utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.28%
- • Asset Turnover: 2.31x
- • Equity Multiplier: 2.53x
- Recent ROE (19.20%) is above the historical average (14.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.32% | 1.67% | 1.91x | 2.92x | NT$-9.85 Million |
| 2017 | 10.55% | 2.52% | 1.87x | 2.23x | NT$8.23 Million |
| 2018 | 12.77% | 2.42% | 1.64x | 3.21x | NT$45.00 Million |
| 2019 | 7.86% | 1.49% | 1.98x | 2.67x | NT$-34.88 Million |
| 2020 | 11.45% | 1.94% | 1.78x | 3.31x | NT$25.17 Million |
| 2021 | 20.79% | 2.96% | 2.24x | 3.13x | NT$219.69 Million |
| 2022 | 24.12% | 3.86% | 1.59x | 3.93x | NT$338.64 Million |
| 2023 | 13.32% | 2.38% | 1.96x | 2.85x | NT$79.42 Million |
| 2024 | 18.03% | 3.98% | 1.88x | 2.41x | NT$218.29 Million |
| 2025 | 19.20% | 3.28% | 2.31x | 2.53x | NT$274.83 Million |
Industry Comparison
This section compares Galaxy Far East's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $13,873,808,900
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Galaxy Far East (6227) | NT$2.93 Billion | 9.32% | 2.55x | $288.95 Million |
| China Wire & Cable Co Ltd (1603) | $5.83 Billion | 4.83% | 0.50x | $148.13 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.11 Billion | 1.65% | 0.13x | $220.68 Million |
| Synnex Technology International Corp (2347) | $18.68 Billion | 12.96% | 1.07x | $5.23 Billion |
| Foxconn Technology Co Ltd (2354) | $82.06 Billion | 11.46% | 0.60x | $2.66 Billion |
| Senao International Co Ltd (2450) | $2.61 Billion | 6.40% | 1.29x | $228.63 Million |
| Wah Lee Industrial Corp (3010) | $14.91 Billion | 12.47% | 1.60x | $1.07 Billion |
| Weikeng Industrial Co Ltd (3033) | $5.66 Billion | 4.60% | 3.13x | $671.18 Million |
| Edom Technology Co Ltd (3048) | $3.25 Billion | 13.09% | 2.85x | $428.46 Million |
| MetaTech AP (3224) | $915.07 Million | -9.02% | 0.63x | $75.33 Million |
| Sentronic International (3232) | $702.21 Million | 2.09% | 0.68x | $28.83 Million |
About Galaxy Far East
Macnica Galaxy Inc., together with its subisidaries, engages in the agency trading and technical service of semiconductor electronic components in Taiwan, rest of Asia, and internationally. The company distributes semiconductors, AI, IoT, CAE simulation software, AI-powered commercial service robots, and industrial-grade robotic arms. It also exports and imports electronic and electrical componen… Read more