Genie Networks Limited
Genie Networks Limited provides networking and security solutions worldwide. It offers GenieATM, GenieATM FLB, GenieATM visual portal, GenieATM MSP server, GenieATM traffic optimizer, GenieAnalytics, and GenieAnalytics deep trace. The company also offers AI-enabled network security, data correlation for forensic insights, network traffic analytics, insight-driven optimization, DDoS protection, ma… Read more
Genie Networks Limited (8298) - Net Assets
Latest net assets as of June 2025: NT$229.93 Million TWD
Based on the latest financial reports, Genie Networks Limited (8298) has net assets worth NT$229.93 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$300.47 Million) and total liabilities (NT$70.54 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$229.93 Million |
| % of Total Assets | 76.52% |
| Annual Growth Rate | 1.73% |
| 5-Year Change | 11.74% |
| 10-Year Change | N/A |
| Growth Volatility | 10.81 |
Genie Networks Limited - Net Assets Trend (2016–2024)
This chart illustrates how Genie Networks Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Genie Networks Limited (2016–2024)
The table below shows the annual net assets of Genie Networks Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$282.08 Million | -2.76% |
| 2023-12-31 | NT$290.09 Million | +0.34% |
| 2022-12-31 | NT$289.10 Million | +5.28% |
| 2021-12-31 | NT$274.59 Million | +8.77% |
| 2020-12-31 | NT$252.45 Million | +6.10% |
| 2019-12-31 | NT$237.93 Million | -22.85% |
| 2018-12-31 | NT$308.41 Million | +9.01% |
| 2017-12-31 | NT$282.93 Million | +15.06% |
| 2016-12-31 | NT$245.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genie Networks Limited'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 77.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$6.49 Million | 2.30% |
| Common Stock | NT$256.32 Million | 90.87% |
| Other Components | NT$19.27 Million | 6.83% |
| Total Equity | NT$282.08 Million | 100.00% |
Genie Networks Limited Competitors by Market Cap
The table below lists competitors of Genie Networks Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Malayan United Industries Bhd
KLSE:3891
|
$12.30 Million |
|
Higher Way Electronic Co Ltd
TWO:3268
|
$12.30 Million |
|
Gielda Praw Majatkowych Vindexus S.A.
WAR:VIN
|
$12.30 Million |
|
Nanogroup SA
WAR:NNG
|
$12.30 Million |
|
Team Precision Public Company Limited
BK:TEAM
|
$12.29 Million |
|
MUEHLHAN
HM:M4N
|
$12.29 Million |
|
MCT Bhd
KLSE:5182
|
$12.29 Million |
|
Nuclear Fuels Inc.
OTCQX:NFUNF
|
$12.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genie Networks Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 290,091,000 to 282,085,000, a change of -8,006,000 (-2.8%).
- Net income of 2,947,000 contributed positively to equity growth.
- Dividend payments of 12,816,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$2.95 Million | +1.04% |
| Dividends Paid | NT$12.82 Million | -4.54% |
| Other Changes | NT$1.86 Million | +0.66% |
| Total Change | NT$- | -2.76% |
Book Value vs Market Value Analysis
This analysis compares Genie Networks Limited'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: 2.73x
- 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 3.07x to 2.73x 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$9.77 | NT$30.00 | x |
| 2017-12-31 | NT$11.25 | NT$30.00 | x |
| 2018-12-31 | NT$11.94 | NT$30.00 | x |
| 2019-12-31 | NT$9.41 | NT$30.00 | x |
| 2020-12-31 | NT$9.86 | NT$30.00 | x |
| 2021-12-31 | NT$10.68 | NT$30.00 | x |
| 2022-12-31 | NT$11.26 | NT$30.00 | x |
| 2023-12-31 | NT$11.21 | NT$30.00 | x |
| 2024-12-31 | NT$11.00 | NT$30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genie Networks Limited 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): 1.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.67%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.27x
- Recent ROE (1.04%) is below the historical average (6.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 25.63% | 24.37% | 0.76x | 1.39x | NT$38.42 Million |
| 2017 | 8.94% | 10.69% | 0.62x | 1.36x | NT$-3.00 Million |
| 2018 | 14.03% | 17.50% | 0.58x | 1.37x | NT$12.43 Million |
| 2019 | -13.51% | -20.49% | 0.51x | 1.30x | NT$-55.94 Million |
| 2020 | 5.51% | 7.04% | 0.61x | 1.29x | NT$-11.34 Million |
| 2021 | 7.25% | 10.08% | 0.50x | 1.44x | NT$-7.54 Million |
| 2022 | 4.49% | 7.58% | 0.48x | 1.24x | NT$-15.93 Million |
| 2023 | 4.82% | 7.47% | 0.49x | 1.30x | NT$-15.04 Million |
| 2024 | 1.04% | 1.67% | 0.50x | 1.27x | NT$-25.26 Million |
Industry Comparison
This section compares Genie Networks Limited's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $1,759,198,900
- Average return on equity (ROE) among peers: 8.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genie Networks Limited (8298) | NT$229.93 Million | 25.63% | 0.31x | $12.29 Million |
| BaaS Innovation Co., Ltd. (3555) | $560.32 Million | 7.90% | 0.16x | $59.75 Million |
| Hyweb Technology Co Ltd (5212) | $408.46 Million | 7.99% | 0.70x | $33.00 Million |
| EASYCARD Corporation (6035) | $981.05 Million | 6.15% | 12.22x | $19.91 Million |
| Egis Technology (6462) | $2.26 Billion | 26.20% | 0.60x | $245.37 Million |
| ThroughTek Co., Ltd. (6565) | $129.44 Million | -25.10% | 0.66x | $8.73 Million |
| eCloudvalley Digital Technology Co. Ltd. (6689) | $3.21 Billion | 4.79% | 0.97x | $96.30 Million |
| Acer Cyber Security Inc. (6690) | $3.14 Billion | 9.77% | 0.54x | $69.96 Million |
| 91App Inc (6741) | $3.25 Billion | 15.30% | 0.54x | $121.17 Million |
| Galaxy Software Services Corporation (6752) | $820.46 Million | 16.20% | 1.28x | $86.18 Million |
| Green World Fintech Service Co. Ltd. (6763) | $2.82 Billion | 14.06% | 1.38x | $114.92 Million |