SMCore.Inc
SMCore.Inc manufactures and sells smart automation systems in South Korea and internationally. The company offers logistics systems, including process automation and automated storage. It also provides semiconductor equipment, comprising conveyor, stocker, AGV and LGV, and overhead transport. In addition, the company offers automatic parking system, including shuttle runner and stacker type. Furt… Read more
SMCore.Inc (007820) - Net Assets
Latest net assets as of September 2025: ₩57.17 Billion KRW
Based on the latest financial reports, SMCore.Inc (007820) has net assets worth ₩57.17 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩111.26 Billion) and total liabilities (₩54.09 Billion). 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 | ₩57.17 Billion |
| % of Total Assets | 51.38% |
| Annual Growth Rate | 3.31% |
| 5-Year Change | -14.21% |
| 10-Year Change | 5.25% |
| Growth Volatility | 27.3 |
SMCore.Inc - Net Assets Trend (2011–2024)
This chart illustrates how SMCore.Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SMCore.Inc (2011–2024)
The table below shows the annual net assets of SMCore.Inc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩59.86 Billion | +23.01% |
| 2023-12-31 | ₩48.67 Billion | -30.71% |
| 2022-12-31 | ₩70.24 Billion | +2.04% |
| 2021-12-31 | ₩68.83 Billion | -1.36% |
| 2020-12-31 | ₩69.78 Billion | -2.38% |
| 2019-12-31 | ₩71.48 Billion | -5.46% |
| 2018-12-31 | ₩75.61 Billion | +0.05% |
| 2017-12-31 | ₩75.57 Billion | +86.46% |
| 2016-12-31 | ₩40.53 Billion | -28.74% |
| 2015-12-31 | ₩56.88 Billion | +11.88% |
| 2014-12-31 | ₩50.84 Billion | +8.46% |
| 2013-12-31 | ₩46.87 Billion | +10.10% |
| 2012-12-31 | ₩42.57 Billion | +8.59% |
| 2011-12-31 | ₩39.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SMCore.Inc'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 302.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩9.97 Billion | 16.65% |
| Common Stock | ₩10.02 Billion | 16.73% |
| Other Components | ₩39.88 Billion | 66.62% |
| Total Equity | ₩59.86 Billion | 100.00% |
SMCore.Inc Competitors by Market Cap
The table below lists competitors of SMCore.Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Envirosuite Ltd
AU:EVS
|
$54.03 Million |
|
Spruce Power Holding Corp
NYSE:SPRU
|
$54.04 Million |
|
Daehan Steel
KO:084010
|
$54.04 Million |
|
Agrometal S.A.I.
BA:AGRO
|
$54.06 Million |
|
WULING MOTO.HLDGS HD-004
F:6LY
|
$54.01 Million |
|
West Wits Mining Limited
PINK:WMWWF
|
$54.00 Million |
|
Regis Corporation Common Stock
NYSE:RGS
|
$54.00 Million |
|
STPCF
OTCGREY:STPCF
|
$53.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SMCore.Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,667,047,650 to 59,863,171,470, a change of 11,196,123,820 (23.0%).
- Net income of 11,415,260,570 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩11.42 Billion | +19.07% |
| Other Changes | ₩-219.14 Million | -0.37% |
| Total Change | ₩- | 23.01% |
Book Value vs Market Value Analysis
This analysis compares SMCore.Inc'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: 1.77x
- 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 1.98x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩2732.90 | ₩5420.00 | x |
| 2017-12-31 | ₩3778.48 | ₩5420.00 | x |
| 2018-12-31 | ₩3774.08 | ₩5420.00 | x |
| 2019-12-31 | ₩3568.10 | ₩5420.00 | x |
| 2020-12-31 | ₩3483.17 | ₩5420.00 | x |
| 2021-12-31 | ₩3435.85 | ₩5420.00 | x |
| 2022-12-31 | ₩3548.70 | ₩5420.00 | x |
| 2023-12-31 | ₩2488.91 | ₩5420.00 | x |
| 2024-12-31 | ₩3061.50 | ₩5420.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SMCore.Inc 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): 19.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.99%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 1.83x
- Recent ROE (19.07%) is above the historical average (0.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 15.76% | 9.14% | 0.98x | 1.76x | ₩2.25 Billion |
| 2012 | 13.21% | 7.13% | 1.14x | 1.62x | ₩1.36 Billion |
| 2013 | 10.44% | 6.38% | 0.99x | 1.66x | ₩205.50 Million |
| 2014 | 12.60% | 6.90% | 1.16x | 1.57x | ₩1.31 Billion |
| 2015 | 5.05% | 3.92% | 0.86x | 1.51x | ₩-2.82 Billion |
| 2016 | -31.50% | -25.34% | 0.84x | 1.47x | ₩-16.82 Billion |
| 2017 | -2.60% | -2.72% | 0.73x | 1.31x | ₩-9.53 Billion |
| 2018 | 2.00% | 1.62% | 0.89x | 1.40x | ₩-6.05 Billion |
| 2019 | 6.42% | 3.59% | 1.28x | 1.40x | ₩-2.56 Billion |
| 2020 | -0.91% | -0.61% | 1.12x | 1.33x | ₩-7.61 Billion |
| 2021 | -0.84% | -0.76% | 0.82x | 1.35x | ₩-7.46 Billion |
| 2022 | 3.52% | 2.15% | 1.05x | 1.56x | ₩-4.55 Billion |
| 2023 | -38.33% | -10.73% | 2.12x | 1.68x | ₩-23.52 Billion |
| 2024 | 19.07% | 6.99% | 1.49x | 1.83x | ₩5.43 Billion |
Industry Comparison
This section compares SMCore.Inc's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $119,383,717,410
- Average return on equity (ROE) among peers: -1.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SMCore.Inc (007820) | ₩57.17 Billion | 15.76% | 0.95x | $54.03 Million |
| Bosung Power Technology Co. Ltd (006910) | $34.47 Billion | -13.92% | 1.45x | $270.01 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $42.53 Billion | 5.85% | 2.37x | $22.80 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $45.00 Billion | 7.23% | 0.87x | $19.11 Million |
| Nuintek Co.Ltd (012340) | $14.74 Billion | -24.23% | 1.98x | $5.39 Million |
| CAS Corporation (016920) | $49.47 Billion | 2.29% | 1.02x | $10.38 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $71.37 Billion | 4.79% | 0.15x | $60.31 Million |
| Enertork Ltd (019990) | $40.18 Billion | -2.17% | 0.14x | $34.99 Million |
| Tae Kwang Corporation (023160) | $436.13 Billion | 3.49% | 0.16x | $274.49 Million |
| Young Poong Precision Corporation (036560) | $340.55 Billion | 4.55% | 0.21x | $64.81 Million |