SoluM Co Ltd (248070) - Net Assets
Based on the latest financial reports, SoluM Co Ltd (248070) has net assets worth ₩557.66 Billion KRW (≈ $377.92 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 (₩1.27 Trillion ≈ $863.30 Million USD) and total liabilities (₩716.23 Billion ≈ $485.38 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 SoluM Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩557.66 Billion |
| % of Total Assets | 43.78% |
| Annual Growth Rate | 39.63% |
| 5-Year Change | 272.24% |
| 10-Year Change | N/A |
| Growth Volatility | 64.42 |
SoluM Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how SoluM Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 248070 market cap.
Annual Net Assets for SoluM Co Ltd (2017–2024)
The table below shows the annual net assets of SoluM Co Ltd from 2017 to 2024. Also explore SoluM Co Ltd (248070) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩434.35 Billion ≈ $294.35 Million |
+8.61% |
| 2023-12-31 | ₩399.93 Billion ≈ $271.03 Million |
+37.91% |
| 2022-12-31 | ₩289.99 Billion ≈ $196.52 Million |
+8.08% |
| 2021-12-31 | ₩268.31 Billion ≈ $181.83 Million |
+129.94% |
| 2020-12-31 | ₩116.69 Billion ≈ $79.08 Million |
+84.72% |
| 2019-12-31 | ₩63.17 Billion ≈ $42.81 Million |
+149.56% |
| 2018-12-31 | ₩25.31 Billion ≈ $17.15 Million |
-39.68% |
| 2017-12-31 | ₩41.97 Billion ≈ $28.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SoluM 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 37812481125000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩374.50 Billion | 86.35% |
| Other Components | ₩59.18 Billion | 13.65% |
| Total Equity | ₩433.69 Billion | 100.00% |
SoluM Co Ltd Competitors by Market Cap
The table below lists competitors of SoluM Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sinopec Oilfield Service Corporation
F:YIZH
|
$404.79 Million |
|
Andes Technology Corp
TW:6533
|
$404.91 Million |
|
Stewards Inc.
NASDAQ:SWRD
|
$404.92 Million |
|
Guangshen Railway Company Limited
F:GRCH
|
$404.95 Million |
|
Yest Ltd
KQ:122640
|
$404.38 Million |
|
Ningbo Tianyi Medical Appliance Co. Ltd.
SHE:301097
|
$404.36 Million |
|
Jilin Jinguan Electric Co Ltd Class A
SHE:300510
|
$404.27 Million |
|
Cambi ASA
OL:CAMBI
|
$404.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SoluM Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 400,200,092,280 to 433,686,183,870, a change of 33,486,091,590 (8.4%).
- Net income of 39,515,509,840 contributed positively to equity growth.
- Share repurchases of 17,244,536,540 reduced equity.
- New share issuances of 5,003,718,100 increased equity.
- Other factors increased equity by 6,211,400,190.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩39.52 Billion | +9.11% |
| Share Repurchases | ₩17.24 Billion | -3.98% |
| Share Issuances | ₩5.00 Billion | +1.15% |
| Other Changes | ₩6.21 Billion | +1.43% |
| Total Change | ₩- | 8.37% |
Book Value vs Market Value Analysis
This analysis compares SoluM 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: 1.40x
- 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 10.75x to 1.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1162.26 | ₩12490.00 | x |
| 2018-12-31 | ₩701.02 | ₩12490.00 | x |
| 2019-12-31 | ₩1749.45 | ₩12490.00 | x |
| 2020-12-31 | ₩3231.58 | ₩12490.00 | x |
| 2021-12-31 | ₩5360.08 | ₩12490.00 | x |
| 2022-12-31 | ₩5958.26 | ₩12490.00 | x |
| 2023-12-31 | ₩8194.58 | ₩12490.00 | x |
| 2024-12-31 | ₩8910.56 | ₩12490.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SoluM 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): 9.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.48%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 2.27x
- Recent ROE (9.11%) is above the historical average (4.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -49.70% | -3.81% | 1.90x | 6.84x | ₩-25.06 Billion |
| 2018 | -67.06% | -2.39% | 2.05x | 13.70x | ₩-19.51 Billion |
| 2019 | 55.77% | 3.82% | 2.70x | 5.41x | ₩28.91 Billion |
| 2020 | 33.34% | 3.61% | 2.37x | 3.89x | ₩27.24 Billion |
| 2021 | 4.98% | 1.16% | 1.62x | 2.65x | ₩-13.45 Billion |
| 2022 | 16.26% | 2.79% | 1.64x | 3.55x | ₩18.22 Billion |
| 2023 | 30.07% | 6.17% | 2.08x | 2.35x | ₩80.34 Billion |
| 2024 | 9.11% | 2.48% | 1.62x | 2.27x | ₩-3.85 Billion |
Industry Comparison
This section compares SoluM Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $514,364,678,393
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SoluM Co Ltd (248070) | ₩557.66 Billion | -49.70% | 1.28x | $404.73 Million |
| YoungPoong (000670) | $3.51 Trillion | 3.16% | 0.35x | $577.58 Million |
| Sam Hwa Capaci (001820) | $245.22 Billion | 8.49% | 0.26x | $956.83 Million |
| Samick Music I (002450) | $260.65 Billion | 5.79% | 1.00x | $57.09 Million |
| Hansol Technics (004710) | $100.42 Billion | 39.96% | 0.88x | $195.88 Million |
| Sunny Elec (004770) | $68.17 Billion | 6.61% | 0.13x | $50.29 Million |
| Samyoung Elec (005680) | $298.75 Billion | 9.78% | 0.49x | $160.72 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $45.84 Million |
| Seondo Electric Co., Ltd. (007610) | $36.58 Billion | 14.47% | 1.01x | $43.76 Million |
| Isupetasys (007660) | $125.49 Billion | -2.87% | 2.58x | $5.27 Billion |
| Korea Circuit Co. Ltd. (007810) | $396.06 Billion | 7.51% | 0.39x | $843.51 Million |
About SoluM Co Ltd
Solum Co., Ltd. manufactures and markets power modules, digital tuners, and electronic shelf labels to customers in South Korea and internationally. It also offers TV and monitor displays, adapters, servers, LED power modules, travel chargers for mobile devices, and data system and LED power supply units. The company was founded in 2015 and is based in Yongin-si, South Korea.