GOMAJI Corp. LTD
GOMAJI Corp., LTD provides e-commerce and advertising services in Taiwan. It operates an online trading platform that offers fixed discounts and discounted goods by signing agreements with brand chain restaurants, theme restaurants, spas, health massage parlours, cinemas, and other establishments offering food, drink, and entertainment. The company was founded in 1999 and is based in New Taipei C… Read more
GOMAJI Corp. LTD (8472) - Net Assets
Latest net assets as of June 2024: NT$319.95 Million TWD
Based on the latest financial reports, GOMAJI Corp. LTD (8472) has net assets worth NT$319.95 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$1.02 Billion) and total liabilities (NT$696.77 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$319.95 Million |
| % of Total Assets | 31.47% |
| Annual Growth Rate | -10.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.82 |
GOMAJI Corp. LTD - Net Assets Trend (2019–2023)
This chart illustrates how GOMAJI Corp. 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 GOMAJI Corp. LTD (2019–2023)
The table below shows the annual net assets of GOMAJI Corp. LTD from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$363.53 Million | -12.48% |
| 2022-12-31 | NT$415.36 Million | -21.22% |
| 2021-12-31 | NT$527.27 Million | -5.51% |
| 2020-12-31 | NT$557.99 Million | -0.39% |
| 2019-12-31 | NT$560.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GOMAJI Corp. 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 201.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$177.36 Million | 48.79% |
| Other Components | NT$238.00 Million | 65.47% |
| Total Equity | NT$363.53 Million | 100.00% |
GOMAJI Corp. LTD Competitors by Market Cap
The table below lists competitors of GOMAJI Corp. LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elica S.p.A
F:7L4
|
$14.64 Million |
|
Major Cineplex Lifestyle Leasehold Property Fund
BK:MJLF
|
$14.64 Million |
|
Kinetiko Energy Ltd
AU:KKO
|
$14.64 Million |
|
HOPSCOTCH GROUPE SA EO-75
F:4Z2
|
$14.65 Million |
|
WINSON Machinery Co Ltd
TWO:4538
|
$14.63 Million |
|
ACTi Corporation
TWO:5240
|
$14.63 Million |
|
Samchem Holdings Bhd
KLSE:5147
|
$14.63 Million |
|
New World Department Store China Limited
F:NWM
|
$14.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GOMAJI Corp. LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 415,358,000 to 363,531,000, a change of -51,827,000 (-12.5%).
- Net loss of 51,827,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-51.83 Million | -14.26% |
| Total Change | NT$- | -12.48% |
Book Value vs Market Value Analysis
This analysis compares GOMAJI Corp. 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: 3.88x
- 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 increased from 2.61x to 3.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$30.55 | NT$79.60 | x |
| 2020-12-31 | NT$30.96 | NT$79.60 | x |
| 2021-12-31 | NT$29.69 | NT$79.60 | x |
| 2022-12-31 | NT$23.42 | NT$79.60 | x |
| 2023-12-31 | NT$20.50 | NT$79.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GOMAJI Corp. LTD utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.34%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 3.25x
- Recent ROE (-14.26%) is below the historical average (-3.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 6.27% | 7.89% | 0.38x | 2.09x | NT$-20.91 Million |
| 2020 | 8.41% | 11.33% | 0.36x | 2.08x | NT$-8.85 Million |
| 2021 | 2.04% | 3.53% | 0.29x | 1.99x | NT$-41.95 Million |
| 2022 | -19.91% | -24.94% | 0.27x | 2.92x | NT$-124.21 Million |
| 2023 | -14.26% | -13.34% | 0.33x | 3.25x | NT$-88.18 Million |
Industry Comparison
This section compares GOMAJI Corp. LTD's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $2,184,678,400
- Average return on equity (ROE) among peers: 2.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GOMAJI Corp. LTD (8472) | NT$319.95 Million | 6.27% | 2.18x | $14.64 Million |
| Mister International Enterprise Corp. (2941) | $189.60 Million | 19.52% | 0.59x | $11.02K |
| H.H.Galaxy Co., Ltd. (2949) | $763.64 Million | 16.82% | 1.37x | $25.64 Million |
| PChome Online (8044) | $719.17 Million | -27.62% | 1.58x | $83.38 Million |
| momo.com Inc (8454) | $8.85 Billion | 37.07% | 1.60x | $486.27 Million |
| Kuobrothers (8477) | $401.98 Million | -31.71% | 0.35x | $8.92 Million |