GameSparcs Co Ltd (6542) - Net Assets
Based on the latest financial reports, GameSparcs Co Ltd (6542) has net assets worth NT$795.52 Million TWD (≈ $25.06 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$979.59 Million ≈ $30.86 Million USD) and total liabilities (NT$184.07 Million ≈ $5.80 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 6542 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$795.52 Million |
| % of Total Assets | 81.21% |
| Annual Growth Rate | 1.3% |
| 5-Year Change | 18.85% |
| 10-Year Change | N/A |
| Growth Volatility | 31.84 |
GameSparcs Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how GameSparcs Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of GameSparcs Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for GameSparcs Co Ltd (2017–2024)
The table below shows the annual net assets of GameSparcs Co Ltd from 2017 to 2024. For live valuation and market cap data, see market cap of GameSparcs Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$910.68 Million ≈ $28.69 Million |
+6.44% |
| 2023-12-31 | NT$855.61 Million ≈ $26.96 Million |
+14.00% |
| 2022-12-31 | NT$750.52 Million ≈ $23.65 Million |
+18.74% |
| 2021-12-31 | NT$632.08 Million ≈ $19.91 Million |
-17.51% |
| 2020-12-31 | NT$766.24 Million ≈ $24.14 Million |
+8.56% |
| 2019-12-31 | NT$705.81 Million ≈ $22.24 Million |
-48.26% |
| 2018-12-31 | NT$1.36 Billion ≈ $42.98 Million |
+64.03% |
| 2017-12-31 | NT$831.70 Million ≈ $26.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GameSparcs 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 15283600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$85.53 Million | 10.36% |
| Other Components | NT$739.71 Million | 89.64% |
| Total Equity | NT$825.24 Million | 100.00% |
GameSparcs Co Ltd Competitors by Market Cap
The table below lists competitors of GameSparcs Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AURRIGO INT.PLCLS-002
F:CI0
|
$63.45 Million |
|
Gedeon Richter PLC
LSE:0QFP
|
$63.47 Million |
|
Simula Technology
TWO:3511
|
$63.49 Million |
|
BQE Water Inc
V:BQE
|
$63.51 Million |
|
Premier Polyfilm Limited
NSE:PREMIERPOL
|
$63.42 Million |
|
Alithya Group inc Class A
TO:ALYA
|
$63.40 Million |
|
Lacroix Group SA
PA:LACR
|
$63.40 Million |
|
YEAH1 Group Corp
VN:YEG
|
$63.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GameSparcs Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 770,363,000 to 825,242,000, a change of 54,879,000 (7.1%).
- Net income of 85,459,000 contributed positively to equity growth.
- Dividend payments of 42,001,000 reduced retained earnings.
- Other factors increased equity by 11,421,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$85.46 Million | +10.36% |
| Dividends Paid | NT$42.00 Million | -5.09% |
| Other Changes | NT$11.42 Million | +1.38% |
| Total Change | NT$- | 7.12% |
Book Value vs Market Value Analysis
This analysis compares GameSparcs 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: 2.44x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.92x to 2.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$25.01 | NT$47.95 | x |
| 2018-12-31 | NT$31.97 | NT$47.95 | x |
| 2019-12-31 | NT$14.87 | NT$47.95 | x |
| 2020-12-31 | NT$15.94 | NT$47.95 | x |
| 2021-12-31 | NT$13.23 | NT$47.95 | x |
| 2022-12-31 | NT$15.84 | NT$47.95 | x |
| 2023-12-31 | NT$18.34 | NT$47.95 | x |
| 2024-12-31 | NT$19.65 | NT$47.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GameSparcs Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.36%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.65%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.34x
- Recent ROE (10.36%) is above the historical average (-0.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -11.46% | -4.15% | 1.72x | 1.60x | NT$-169.08 Million |
| 2018 | 9.46% | 6.53% | 1.14x | 1.27x | NT$-7.23 Million |
| 2019 | -17.13% | -7.21% | 1.40x | 1.70x | NT$-169.51 Million |
| 2020 | 7.54% | 6.03% | 0.82x | 1.52x | NT$-16.46 Million |
| 2021 | -29.45% | -22.23% | 0.83x | 1.59x | NT$-219.14 Million |
| 2022 | 14.86% | 12.66% | 0.84x | 1.40x | NT$32.31 Million |
| 2023 | 13.24% | 13.17% | 0.77x | 1.31x | NT$24.99 Million |
| 2024 | 10.36% | 10.65% | 0.73x | 1.34x | NT$2.93 Million |
Industry Comparison
This section compares GameSparcs 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: $2,163,595,400
- Average return on equity (ROE) among peers: 10.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GameSparcs Co Ltd (6542) | NT$795.52 Million | -11.46% | 0.23x | $63.45 Million |
| Chinese Gamer International (3083) | $1.35 Billion | 0.05% | 0.08x | $78.47 Million |
| Wayi International Digital Entertainment Co (3086) | $315.84 Million | 29.43% | 0.23x | $31.32 Million |
| International Games System Co Ltd (3293) | $3.37 Billion | 26.45% | 0.29x | $6.67 Billion |
| Userjoy Technology Co Ltd (3546) | $1.51 Billion | 21.39% | 0.27x | $150.21 Million |
| MacroWell OMG Digital Entertainment Co Ltd (3687) | $1.39 Billion | -9.43% | 1.02x | $73.30 Million |
| X-Legend Entertainment Co Ltd (4994) | $1.22 Billion | 25.94% | 0.33x | $181.12 Million |
| Soft-World International (5478) | $5.84 Billion | 6.54% | 0.65x | $486.20 Million |
| Softstar Entertainment (6111) | $4.03 Billion | 1.92% | 0.96x | $136.20 Million |
| Gamania Digital Entertainment Co Ltd (6180) | $2.46 Billion | 3.00% | 0.91x | $246.41 Million |
| Fun Yours Technology Co Ltd (6482) | $137.36 Million | 0.00% | 0.20x | $26.57 Million |
About GameSparcs Co Ltd
Gamesparcs Co.,Ltd. designs, develops, and publishes mobile games and licenses leisure gaming systems. It operates game agency and develops gaming software. The company also provides social gaming platform, LAN based gaming system, online casual gaming products, offline zone network gaming systems, and cell phone online games. Additionally, it offers general advertising services and gaming periph… Read more