Galaxy Software Services Corporation
Galaxy Software Services Corporation engages in the design, development, and trading of software products in Taiwan, China, and internationally. The company provides software information consulting; and software information services. It engages in investment holding activities. Galaxy Software Services Corporation was incorporated in 1987 and is based in Taipei, Taiwan.
Galaxy Software Services Corporation (6752) - Total Assets
Latest total assets as of June 2024: NT$2.37 Billion TWD
Based on the latest financial reports, Galaxy Software Services Corporation (6752) holds total assets worth NT$2.37 Billion TWD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Galaxy Software Services Corporation - Total Assets Trend (2019–2023)
This chart illustrates how Galaxy Software Services Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Galaxy Software Services Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
Galaxy Software Services Corporation's total assets of NT$2.37 Billion consist of 52.6% current assets and 47.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 25.6% |
| Accounts Receivable | NT$0.00 | 0.0% |
| Inventory | NT$25.55 Million | 1.0% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Galaxy Software Services Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Galaxy Software Services Corporation's current assets represent 52.6% of total assets in 2023, an increase from 1.4% in 2019.
- Cash Position: Cash and equivalents constituted 25.6% of total assets in 2023, down from 27.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 1.0% of total assets.
Galaxy Software Services Corporation Competitors by Total Assets
Key competitors of Galaxy Software Services Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Galaxy Software Services Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Galaxy Software Services Corporation generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Galaxy Software Services Corporation generates $7.95 in net profit.
Galaxy Software Services Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.27 | 1.18 | 1.26 |
| Quick Ratio | 1.25 | 1.16 | 1.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$258.31 Million | NT$ 144.84 Million | NT$ 170.16 Million |
Galaxy Software Services Corporation - Advanced Valuation Insights
This section examines the relationship between Galaxy Software Services Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.25 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 13.7% |
| Total Assets | NT$2.50 Billion |
| Market Capitalization | $86.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values Galaxy Software Services Corporation's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Galaxy Software Services Corporation's assets grew by 13.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Galaxy Software Services Corporation (2019–2023)
The table below shows the annual total assets of Galaxy Software Services Corporation from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | NT$2.50 Billion | +13.71% |
| 2022-12-31 | NT$2.20 Billion | +17.49% |
| 2021-12-31 | NT$1.87 Billion | +40.23% |
| 2020-12-31 | NT$1.33 Billion | +32.18% |
| 2019-12-31 | NT$1.01 Billion | -- |