Taiwan Taomee Co. Ltd.
Taiwan Taomee Co., Ltd. provides online game services in Taiwan. The company offers virtual goods for online games. It also sells game points on online games and mobile game platforms for consumers to redeem virtual goods. Taiwan Taomee Co., Ltd. was founded in 2009 and is based in Taipei, Taiwan.
Taiwan Taomee Co. Ltd. (6428) - Net Assets
Latest net assets as of December 2022: NT$117.84 Million TWD
Based on the latest financial reports, Taiwan Taomee Co. Ltd. (6428) has net assets worth NT$117.84 Million TWD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$171.94 Million) and total liabilities (NT$54.09 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$117.84 Million |
| % of Total Assets | 68.54% |
| Annual Growth Rate | -1.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.07 |
Taiwan Taomee Co. Ltd. - Net Assets Trend (2019–2022)
This chart illustrates how Taiwan Taomee 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 Taiwan Taomee Co. Ltd. (2019–2022)
The table below shows the annual net assets of Taiwan Taomee Co. Ltd. from 2019 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | NT$117.84 Million | +5.73% |
| 2021-12-31 | NT$111.45 Million | -4.87% |
| 2020-12-31 | NT$117.16 Million | -5.15% |
| 2019-12-31 | NT$123.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiwan Taomee 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 decreased by 567500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$176.82 Million | 150.05% |
| Total Equity | NT$117.84 Million | 100.00% |
Taiwan Taomee Co. Ltd. Competitors by Market Cap
The table below lists competitors of Taiwan Taomee Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lingo Media Corporation
PINK:LMDCF
|
$531.94K |
|
Libental
TA:LBTL
|
$532.14K |
|
Busan Industrial Co. Ltd.
KQ:011390
|
$532.32K |
|
BUZZI UNICEM
BE:UCM
|
$532.57K |
|
SALAFIN
BC:SALAFIN
|
$531.38K |
|
Worlds Inc
OTCQB:WDDD
|
$531.15K |
|
ASA GOLD+PREC.MET.LTD.DL1
F:FZ6
|
$531.01K |
|
NOVOZYMES -B-
BE:NZM2
|
$530.78K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiwan Taomee Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 111,452,000 to 117,843,000, a change of 6,391,000 (5.7%).
- Net income of 6,391,000 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$6.39 Million | +5.42% |
| Total Change | NT$- | 5.73% |
Book Value vs Market Value Analysis
This analysis compares Taiwan Taomee 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: 1.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$6.99 | NT$11.90 | x |
| 2020-12-31 | NT$6.63 | NT$11.90 | x |
| 2021-12-31 | NT$6.30 | NT$11.90 | x |
| 2022-12-31 | NT$6.66 | NT$11.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiwan Taomee Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.42%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.46x
- Recent ROE (5.42%) is above the historical average (-6.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -20.56% | -33.11% | 0.43x | 1.44x | NT$-37.75 Million |
| 2020 | -5.43% | -10.83% | 0.35x | 1.42x | NT$-18.08 Million |
| 2021 | -5.12% | -10.56% | 0.34x | 1.43x | NT$-16.85 Million |
| 2022 | 5.42% | 11.42% | 0.33x | 1.46x | NT$-5.39 Million |
Industry Comparison
This section compares Taiwan Taomee Co. Ltd.'s net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $2,719,658,700
- Average return on equity (ROE) among peers: 9.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiwan Taomee Co. Ltd. (6428) | NT$117.84 Million | -20.56% | 0.46x | $531.50K |
| 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 |
| InterServ International Inc. (6169) | $336.85 Million | 1.69% | 0.33x | $8.66 Million |