Grandsys Inc.
Grandsys Inc. engages in the research, design, development, construction, sales, and maintenance services of customer service center-related application software in China. The company offers voice and text robot, intelligent assistant, insight, omni media customer platform, enterprise application middle platform, smart video application, cloud customer service application, financial industry clou… Read more
Grandsys Inc. (6910) - Net Assets
Latest net assets as of September 2025: NT$342.08 Million TWD
Based on the latest financial reports, Grandsys Inc. (6910) has net assets worth NT$342.08 Million TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$438.43 Million) and total liabilities (NT$96.35 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$342.08 Million |
| % of Total Assets | 78.02% |
| Annual Growth Rate | 14.75% |
| 5-Year Change | 66.22% |
| 10-Year Change | N/A |
| Growth Volatility | 10.05 |
Grandsys Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Grandsys 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 Grandsys Inc. (2019–2024)
The table below shows the annual net assets of Grandsys Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$341.81 Million | +1.95% |
| 2023-12-31 | NT$335.27 Million | +4.36% |
| 2022-12-31 | NT$321.26 Million | +24.90% |
| 2021-12-31 | NT$257.20 Million | +25.08% |
| 2020-12-31 | NT$205.64 Million | +19.76% |
| 2019-12-31 | NT$171.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grandsys 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 12237100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$57.63 Million | 16.86% |
| Common Stock | NT$269.30 Million | 78.79% |
| Other Components | NT$14.88 Million | 4.35% |
| Total Equity | NT$341.81 Million | 100.00% |
Grandsys Inc. Competitors by Market Cap
The table below lists competitors of Grandsys Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UPD Holding Corp
PINK:UPDC
|
$9.59K |
|
430460
KQ:430460
|
$9.59K |
|
Innogene Co Ltd
KQ:344860
|
$9.59K |
|
Brera Holdings PLC
NASDAQ:SLMT
|
$9.59K |
|
China Liaoning Dingxu Ecological Agriculture Development Inc
PINK:CLAD
|
$9.56K |
|
MATCHTECH GROUP
BE:MNZ
|
$9.55K |
|
Thompson Creek Metals Company Inc
OTCMKTS:TCPTF
|
$9.54K |
|
SAMBHV STEEL TUBES LTD
NSE:SAMBHV
|
$9.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grandsys Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 335,266,000 to 341,809,000, a change of 6,543,000 (2.0%).
- Net income of 30,031,000 contributed positively to equity growth.
- Dividend payments of 26,930,000 reduced retained earnings.
- Other factors increased equity by 3,442,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$30.03 Million | +8.79% |
| Dividends Paid | NT$26.93 Million | -7.88% |
| Other Changes | NT$3.44 Million | +1.01% |
| Total Change | NT$- | 1.95% |
Book Value vs Market Value Analysis
This analysis compares Grandsys 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: 2.55x
- 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 4.51x to 2.55x 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$7.18 | NT$32.35 | x |
| 2020-12-31 | NT$8.59 | NT$32.35 | x |
| 2021-12-31 | NT$10.73 | NT$32.35 | x |
| 2022-12-31 | NT$11.90 | NT$32.35 | x |
| 2023-12-31 | NT$12.41 | NT$32.35 | x |
| 2024-12-31 | NT$12.68 | NT$32.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grandsys 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): 8.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.15%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.30x
- Recent ROE (8.79%) is below the historical average (13.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 14.94% | 9.63% | 0.83x | 1.87x | NT$8.49 Million |
| 2020 | 14.08% | 9.65% | 0.94x | 1.56x | NT$8.40 Million |
| 2021 | 12.67% | 11.00% | 0.78x | 1.48x | NT$6.87 Million |
| 2022 | 15.90% | 15.25% | 0.74x | 1.42x | NT$18.97 Million |
| 2023 | 12.65% | 13.62% | 0.71x | 1.31x | NT$8.88 Million |
| 2024 | 8.79% | 10.15% | 0.66x | 1.30x | NT$-4.15 Million |
Industry Comparison
This section compares Grandsys Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $927,680,300
- Average return on equity (ROE) among peers: -5.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grandsys Inc. (6910) | NT$342.08 Million | 14.94% | 0.28x | $9.58K |
| Otsuka Information Technology Corp. (3570) | $579.52 Million | 12.81% | 0.32x | $38.41 Million |
| Papago Inc. (3632) | $218.97 Million | -93.30% | 2.17x | $10.89 Million |
| K Way Information (5201) | $394.19 Million | 12.17% | 0.35x | $27.70 Million |
| Cyberlink Co (5203) | $2.71 Billion | -20.79% | 0.46x | $99.87 Million |
| Taiwan Green Environment Technology Inc. (5205) | $72.57 Million | 13.76% | 0.38x | $3.05 Million |
| APEX International Financial Engineering Res & Tech Co Ltd (5210) | $755.05 Million | 0.67% | 0.36x | $39.90 Million |
| Penpower Technology Ltd (5211) | $411.83 Million | -35.47% | 0.15x | $13.45 Million |
| Dimerco Data System (5403) | $2.43 Billion | 25.00% | 0.83x | $213.17 Million |
| Insyde Software (6231) | $669.28 Million | 9.91% | 0.40x | $219.19 Million |
| Interactive Digital Technologies (6486) | $1.04 Billion | 15.45% | 0.92x | $76.03 Million |