Synopex Inc
Synopex Inc. manufactures and sells FPCB products and electronic components in South Korea and internationally. It offers electric wires; mask filters; water treatment filters; and membrane filters. The company was founded in 1985 and is based in Pohang, South Korea.
Synopex Inc (025320) - Net Assets
Latest net assets as of September 2025: ₩176.58 Billion KRW
Based on the latest financial reports, Synopex Inc (025320) has net assets worth ₩176.58 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 (₩264.12 Billion) and total liabilities (₩87.54 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 | ₩176.58 Billion |
| % of Total Assets | 66.86% |
| Annual Growth Rate | 10.62% |
| 5-Year Change | 122.56% |
| 10-Year Change | 169.91% |
| Growth Volatility | 23.9 |
Synopex Inc - Net Assets Trend (2008–2024)
This chart illustrates how Synopex 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 Synopex Inc (2008–2024)
The table below shows the annual net assets of Synopex Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩167.64 Billion | +24.99% |
| 2023-12-31 | ₩134.13 Billion | +27.82% |
| 2022-12-31 | ₩104.94 Billion | +18.39% |
| 2021-12-31 | ₩88.63 Billion | +17.67% |
| 2020-12-31 | ₩75.32 Billion | -9.08% |
| 2019-12-31 | ₩82.85 Billion | +20.99% |
| 2018-12-31 | ₩68.48 Billion | +25.16% |
| 2017-12-31 | ₩54.71 Billion | -28.93% |
| 2016-12-31 | ₩76.98 Billion | +23.94% |
| 2015-12-31 | ₩62.11 Billion | -28.21% |
| 2014-12-31 | ₩86.52 Billion | -2.13% |
| 2013-12-31 | ₩88.40 Billion | +9.98% |
| 2012-12-31 | ₩80.38 Billion | +3.82% |
| 2011-12-31 | ₩77.42 Billion | +49.81% |
| 2010-12-31 | ₩51.68 Billion | -4.65% |
| 2009-12-31 | ₩54.20 Billion | +62.61% |
| 2008-12-31 | ₩33.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Synopex 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 1820017733000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩18.20 Billion | 10.85% |
| Common Stock | ₩44.43 Billion | 26.48% |
| Other Components | ₩105.16 Billion | 62.67% |
| Total Equity | ₩167.78 Billion | 100.00% |
Synopex Inc Competitors by Market Cap
The table below lists competitors of Synopex Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Bide Science and Technology Co. Ltd.
SHG:605298
|
$331.94 Million |
|
Richtech Robotics Inc. Class B Common Stock
NASDAQ:RR
|
$331.94 Million |
|
Beijing Beetech Inc
SHE:300667
|
$331.96 Million |
|
Lian Hwa Foods Corp
TW:1231
|
$331.97 Million |
|
Storytel AB (publ)
PINK:STRYF
|
$331.65 Million |
|
FIREWEED METALS CORP.
F:M0G
|
$331.62 Million |
|
NEWRON PHARMACEUT. EO-20
XETRA:NP5
|
$331.04 Million |
|
EPIC Suisse AG
SW:EPIC
|
$331.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Synopex Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 134,220,783,220 to 167,784,338,650, a change of 33,563,555,430 (25.0%).
- Net income of 28,050,215,110 contributed positively to equity growth.
- Share repurchases of 168,345,910 reduced equity.
- Other factors increased equity by 5,681,686,230.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩28.05 Billion | +16.72% |
| Share Repurchases | ₩168.35 Million | -0.1% |
| Other Changes | ₩5.68 Billion | +3.39% |
| Total Change | ₩- | 25.01% |
Book Value vs Market Value Analysis
This analysis compares Synopex 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: 3.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.03x to 3.17x 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 | ₩1206.87 | ₩6070.00 | x |
| 2017-12-31 | ₩842.12 | ₩6070.00 | x |
| 2018-12-31 | ₩983.87 | ₩6070.00 | x |
| 2019-12-31 | ₩1150.45 | ₩6070.00 | x |
| 2020-12-31 | ₩1038.74 | ₩6070.00 | x |
| 2021-12-31 | ₩1194.83 | ₩6070.00 | x |
| 2022-12-31 | ₩1377.79 | ₩6070.00 | x |
| 2023-12-31 | ₩1615.80 | ₩6070.00 | x |
| 2024-12-31 | ₩1914.33 | ₩6070.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Synopex 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): 16.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.77%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.40x
- Recent ROE (16.72%) is above the historical average (-1.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 7.26% | 2.13% | 1.31x | 2.60x | ₩-913.74 Million |
| 2009 | 2.10% | 0.52% | 0.90x | 4.50x | ₩-4.10 Billion |
| 2011 | 3.69% | 0.72% | 1.72x | 2.96x | ₩-4.88 Billion |
| 2013 | 5.40% | 1.08% | 1.86x | 2.69x | ₩-4.04 Billion |
| 2014 | -5.51% | -1.18% | 1.89x | 2.48x | ₩-13.32 Billion |
| 2015 | -55.53% | -17.49% | 1.44x | 2.20x | ₩-40.70 Billion |
| 2016 | 5.93% | 2.95% | 1.05x | 1.93x | ₩-3.13 Billion |
| 2017 | -25.32% | -7.65% | 1.20x | 2.75x | ₩-19.32 Billion |
| 2018 | 1.00% | 0.41% | 1.04x | 2.31x | ₩-6.16 Billion |
| 2019 | 7.55% | 2.88% | 1.41x | 1.85x | ₩-2.03 Billion |
| 2020 | -11.84% | -4.14% | 1.32x | 2.17x | ₩-16.45 Billion |
| 2021 | 11.27% | 4.32% | 1.14x | 2.29x | ₩1.13 Billion |
| 2022 | 8.07% | 3.46% | 1.14x | 2.05x | ₩-2.03 Billion |
| 2023 | 10.88% | 5.57% | 1.30x | 1.50x | ₩1.18 Billion |
| 2024 | 16.72% | 11.77% | 1.01x | 1.40x | ₩11.27 Billion |
Industry Comparison
This section compares Synopex Inc'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 |
|---|---|---|---|---|
| Synopex Inc (025320) | ₩176.58 Billion | 7.26% | 0.50x | $331.70 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 |