SK IE Technology Co Ltd
SK IE Technology Co., Ltd., together with its subsidiaries, engages in manufacturing and selling of battery materials in South Korea, Asia, and Europe. It offers lithium-ion battery separator, blocking direct contact between the positive and negative electrodes and lithium. It provides film based and ceramic coated separators for IT devices and EV batteries; and flexible cover window material to … Read more
SK IE Technology Co Ltd (361610) - Net Assets
Latest net assets as of September 2025: ₩2.66 Trillion KRW
Based on the latest financial reports, SK IE Technology Co Ltd (361610) has net assets worth ₩2.66 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩4.44 Trillion) and total liabilities (₩1.78 Trillion). 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 | ₩2.66 Trillion |
| % of Total Assets | 59.82% |
| Annual Growth Rate | 42.58% |
| 5-Year Change | 92.39% |
| 10-Year Change | N/A |
| Growth Volatility | 80.38 |
SK IE Technology Co Ltd - Net Assets Trend (2019–2024)
This chart illustrates how SK IE Technology Co 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 SK IE Technology Co Ltd (2019–2024)
The table below shows the annual net assets of SK IE Technology Co Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩2.32 Trillion | -3.61% |
| 2023-12-31 | ₩2.41 Trillion | +10.90% |
| 2022-12-31 | ₩2.17 Trillion | -1.87% |
| 2021-12-31 | ₩2.22 Trillion | +83.42% |
| 2020-12-31 | ₩1.21 Trillion | +206.53% |
| 2019-12-31 | ₩394.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SK IE Technology 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 decreased by 21.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩49.77 Billion | 2.14% |
| Other Components | ₩2.27 Trillion | 97.86% |
| Total Equity | ₩2.32 Trillion | 100.00% |
SK IE Technology Co Ltd Competitors by Market Cap
The table below lists competitors of SK IE Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nilfisk Holding A/S
CO:NLFSK
|
$460.67 Million |
|
DIGITAL CORE REIT
PINK:DGTCF
|
$460.68 Million |
|
Goldcard High-Tech Co Ltd
SHE:300349
|
$460.68 Million |
|
Columbia Financial Inc
NASDAQ:CLBK
|
$460.69 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
$460.52 Million |
|
Weihai Huadong Automation Co Ltd
SHE:002248
|
$460.50 Million |
|
Zhejiang Vie Science & Technology Co Ltd
SHE:002590
|
$460.42 Million |
|
Shandong Oriental Ocean Sci-Tech Co Ltd
SHE:002086
|
$460.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SK IE Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,411,660,766,000 to 2,324,557,015,000, a change of -87,103,751,000 (-3.6%).
- Net loss of 246,615,236,000 reduced equity.
- Share repurchases of 278,490,000 reduced equity.
- Other factors increased equity by 159,789,975,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-246.62 Billion | -10.61% |
| Share Repurchases | ₩278.49 Million | -0.01% |
| Other Changes | ₩159.79 Billion | +6.87% |
| Total Change | ₩- | -3.61% |
Book Value vs Market Value Analysis
This analysis compares SK IE Technology 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: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.72x to 0.68x 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 | ₩4685.10 | ₩22100.00 | x |
| 2020-12-31 | ₩14361.44 | ₩22100.00 | x |
| 2021-12-31 | ₩31083.82 | ₩22100.00 | x |
| 2022-12-31 | ₩30501.36 | ₩22100.00 | x |
| 2023-12-31 | ₩33825.28 | ₩22100.00 | x |
| 2024-12-31 | ₩32605.25 | ₩22100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SK IE Technology 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): -10.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -113.20%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.79x
- Recent ROE (-10.61%) is below the historical average (3.20%), 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 | 16.16% | 24.21% | 0.34x | 1.98x | ₩24.27 Billion |
| 2020 | 7.30% | 18.79% | 0.24x | 1.65x | ₩-32.66 Billion |
| 2021 | 4.30% | 15.79% | 0.19x | 1.44x | ₩-126.27 Billion |
| 2022 | -1.36% | -5.07% | 0.17x | 1.61x | ₩-247.15 Billion |
| 2023 | 3.41% | 12.67% | 0.16x | 1.69x | ₩-159.01 Billion |
| 2024 | -10.61% | -113.20% | 0.05x | 1.79x | ₩-479.07 Billion |
Industry Comparison
This section compares SK IE Technology Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,182,735,888,965
- Average return on equity (ROE) among peers: 13.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SK IE Technology Co Ltd (361610) | ₩2.66 Trillion | 16.16% | 0.67x | $460.54 Million |
| YoungPoong (000670) | $1.92 Trillion | 12.09% | 0.37x | $141.87 Million |
| Sam Hwa Capaci (001820) | $32.31 Billion | 5.37% | 1.45x | $256.49 Million |
| Samick Music I (002450) | $129.03 Billion | 85.85% | 1.36x | $30.81 Million |
| Hansol Technics (004710) | $279.10 Billion | 9.39% | 1.12x | $84.94 Million |
| Sunny Elec (004770) | $14.69 Billion | -26.30% | 0.94x | $33.79 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $20.94 Million |
| Isupetasys (007660) | $163.27 Billion | 14.70% | 0.84x | $4.21 Billion |
| Korea Circuit Co. Ltd. (007810) | $99.55 Billion | 14.09% | 1.24x | $425.68 Million |
| Kyung In Elect (009140) | $70.58 Billion | 8.20% | 0.06x | $7.73 Million |
| Samsung Electro-Mechanics (009150) | $9.02 Trillion | 7.53% | 0.42x | $17.64 Billion |