Solus Advanced Materials Co Ltd (336370) - Net Assets
Based on the latest financial reports, Solus Advanced Materials Co Ltd (336370) has net assets worth ₩964.33 Billion KRW (≈ $653.51 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 (₩2.05 Trillion ≈ $1.39 Billion USD) and total liabilities (₩1.08 Trillion ≈ $734.06 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 336370 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩964.33 Billion |
| % of Total Assets | 47.1% |
| Annual Growth Rate | 50.63% |
| 5-Year Change | 122.81% |
| 10-Year Change | N/A |
| Growth Volatility | 93.08 |
Solus Advanced Materials Co Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Solus Advanced Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Solus Advanced Materials Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Solus Advanced Materials Co Ltd (2019–2024)
The table below shows the annual net assets of Solus Advanced Materials Co Ltd from 2019 to 2024. For live valuation and market cap data, see 336370 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩1.09 Trillion ≈ $739.67 Million |
+3.14% |
| 2023-12-31 | ₩1.06 Trillion ≈ $717.12 Million |
+15.26% |
| 2022-12-31 | ₩918.10 Billion ≈ $622.19 Million |
+75.81% |
| 2021-12-31 | ₩522.21 Billion ≈ $353.89 Million |
+6.60% |
| 2020-12-31 | ₩489.86 Billion ≈ $331.97 Million |
+248.33% |
| 2019-12-31 | ₩140.63 Billion ≈ $95.30 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Solus Advanced Materials 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 3886.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩172.49 Billion | 22.34% |
| Other Components | ₩599.71 Billion | 77.66% |
| Total Equity | ₩772.20 Billion | 100.00% |
Solus Advanced Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Solus Advanced Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forge Global Holdings Inc
NYSE:FRGE
|
$623.01 Million |
|
E2E Networks Limited
NSE:E2E
|
$623.03 Million |
|
Jiangsu Rijiu Optoelectronics Joint
SHE:003015
|
$623.10 Million |
|
Avanos Medical Inc
NYSE:AVNS
|
$623.15 Million |
|
Kimball Electronics
NASDAQ:KE
|
$622.82 Million |
|
Bohai Ferry Co Ltd
SHG:603167
|
$622.66 Million |
|
Hangzhou Zhengqiang Corporation Limited
SHE:301119
|
$622.44 Million |
|
ARTS Group Co Ltd
SHG:603017
|
$622.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solus Advanced Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 732,818,764,560 to 772,199,505,530, a change of 39,380,740,970 (5.4%).
- Net income of 4,640,738,680 contributed positively to equity growth.
- Dividend payments of 4,553,317,740 reduced retained earnings.
- Other factors increased equity by 39,293,320,030.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.64 Billion | +0.6% |
| Dividends Paid | ₩4.55 Billion | -0.59% |
| Other Changes | ₩39.29 Billion | +5.09% |
| Total Change | ₩- | 5.37% |
Book Value vs Market Value Analysis
This analysis compares Solus Advanced Materials 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: 1.48x
- 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 2.85x to 1.48x 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 | ₩4598.12 | ₩13090.00 | x |
| 2020-12-31 | ₩9552.45 | ₩13090.00 | x |
| 2021-12-31 | ₩9885.36 | ₩13090.00 | x |
| 2022-12-31 | ₩7767.90 | ₩13090.00 | x |
| 2023-12-31 | ₩8411.66 | ₩13090.00 | x |
| 2024-12-31 | ₩8863.69 | ₩13090.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solus Advanced Materials 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): 0.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.81%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 2.69x
- Recent ROE (0.60%) is below the historical average (4.58%), 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 | 3.20% | 6.42% | 0.14x | 3.51x | ₩-9.57 Billion |
| 2020 | -3.78% | -3.80% | 0.34x | 2.88x | ₩-40.25 Billion |
| 2021 | 3.93% | 3.12% | 0.38x | 3.35x | ₩-18.36 Billion |
| 2022 | -2.08% | -2.71% | 0.29x | 2.68x | ₩-65.88 Billion |
| 2023 | 25.59% | 43.67% | 0.25x | 2.33x | ₩114.23 Billion |
| 2024 | 0.60% | 0.81% | 0.27x | 2.69x | ₩-72.58 Billion |
Industry Comparison
This section compares Solus Advanced Materials Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $218,334,830,115
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solus Advanced Materials Co Ltd (336370) | ₩964.33 Billion | 3.20% | 1.12x | $622.85 Million |
| YoungPoong (000670) | $471.92 Billion | 0.00% | 1.01x | $822.21 Million |
| Sam Hwa Capaci (001820) | $22.52 Billion | 31.89% | 1.98x | $467.29 Million |
| Samick Music I (002450) | $144.58 Billion | 1.50% | 1.43x | $64.41 Million |
| Hansol Technics (004710) | $34.25 Billion | 0.00% | 5.26x | $173.10 Million |
| Sunny Elec (004770) | $30.06 Billion | 0.40% | 0.10x | $43.99 Million |
| Samyoung Elec (005680) | $363.17 Billion | 5.47% | 0.12x | $197.81 Million |
| PJ Electronics Co. Ltd (006140) | $109.57 Billion | 4.53% | 0.33x | $71.73 Million |
| Isupetasys (007660) | $168.70 Billion | 12.06% | 1.02x | $7.48 Billion |
| Korea Circuit Co. Ltd. (007810) | $128.70 Billion | 2.46% | 0.61x | $1.51 Billion |
| Korea Circuit Co Ltd (007815) | $709.89 Billion | -5.16% | 0.74x | $43.40 Million |
About Solus Advanced Materials Co Ltd
Solus Advanced Materials Co., Ltd. provides material solutions in South Korea and internationally. It offers battery copper foil for use in electric vehicle battery; copper foil for use in various electronic equipment; and light-emitting and non-emitting materials for use in organic light emitting diode display, such as smartphones, TVs, vehicles, and tablet/PCs. The company was formerly known as… Read more