SK IE Technology Co Ltd (361610) - Net Assets
Based on the latest financial reports, SK IE Technology Co Ltd (361610) has net assets worth ₩2.57 Trillion KRW (≈ $1.74 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩4.33 Trillion ≈ $2.93 Billion USD) and total liabilities (₩1.76 Trillion ≈ $1.19 Billion 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 361610 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩2.57 Trillion |
| % of Total Assets | 59.43% |
| Annual Growth Rate | 36.95% |
| 5-Year Change | 17.38% |
| 10-Year Change | N/A |
| Growth Volatility | 75.45 |
SK IE Technology Co Ltd - Net Assets Trend (2019–2025)
This chart illustrates how SK IE Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SK IE Technology Co Ltd (361610) total market value.
Annual Net Assets for SK IE Technology Co Ltd (2019–2025)
The table below shows the annual net assets of SK IE Technology Co Ltd from 2019 to 2025. Also explore net asset momentum of SK IE Technology Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩2.60 Trillion ≈ $1.76 Billion |
+11.91% |
| 2024-12-31 | ₩2.32 Trillion ≈ $1.58 Billion |
-3.61% |
| 2023-12-31 | ₩2.41 Trillion ≈ $1.63 Billion |
+10.90% |
| 2022-12-31 | ₩2.17 Trillion ≈ $1.47 Billion |
-1.87% |
| 2021-12-31 | ₩2.22 Trillion ≈ $1.50 Billion |
+83.42% |
| 2020-12-31 | ₩1.21 Trillion ≈ $818.81 Million |
+206.53% |
| 2019-12-31 | ₩394.17 Billion ≈ $267.12 Million |
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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 354.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩2.76 Trillion | 106.21% |
| Total Equity | ₩2.60 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 |
|---|---|
|
Equitas Small Finance Bank Limited
NSE:EQUITASBNK
|
$890.04 Million |
|
Sparebanken Sor
OL:SOR
|
$890.43 Million |
|
Sunrise Group Co Ltd
SHE:002752
|
$890.60 Million |
|
Orient Semiconductor Electronics Ltd
TW:2329
|
$890.62 Million |
|
Dongguan Kingsun Optoelectronic Co Ltd
SHE:002638
|
$889.23 Million |
|
Nufarm Ltd
AU:NUF
|
$889.07 Million |
|
WUS Printed Circuit Co Ltd
TW:2316
|
$888.87 Million |
|
Simply Good Foods Co
NASDAQ:SMPL
|
$888.83 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 2024 to 2025, total equity changed from 2,324,557,015,000 to 2,601,445,266,000, a change of 276,888,251,000 (11.9%).
- Net loss of 211,417,928,000 reduced equity.
- New share issuances of 299,847,010,000 increased equity.
- Other factors increased equity by 188,459,169,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-211.42 Billion | -8.13% |
| Share Issuances | ₩299.85 Billion | +11.53% |
| Other Changes | ₩188.46 Billion | +7.24% |
| Total Change | ₩- | 11.91% |
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: 0.50x
- 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 3.43x to 0.50x 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 | ₩16050.00 | x |
| 2020-12-31 | ₩14361.44 | ₩16050.00 | x |
| 2021-12-31 | ₩31083.82 | ₩16050.00 | x |
| 2022-12-31 | ₩30501.36 | ₩16050.00 | x |
| 2023-12-31 | ₩33825.28 | ₩16050.00 | x |
| 2024-12-31 | ₩32605.25 | ₩16050.00 | x |
| 2025-12-31 | ₩31807.53 | ₩16050.00 | 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): -8.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -80.73%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.69x
- Recent ROE (-8.13%) is below the historical average (1.58%), 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 | 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 |
| 2025 | -8.13% | -80.73% | 0.06x | 1.69x | ₩-471.56 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: $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 |
|---|---|---|---|---|
| SK IE Technology Co Ltd (361610) | ₩2.57 Trillion | 16.16% | 0.68x | $889.59 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 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