BIT Computer Co. Ltd
BIT Computer Co., Ltd provides software solutions. It offers hospital solutions, such as Hospital Cloud EMR, Nursing hospital Cloud EMR, Mid to large hospital EMR, Small and medium hospital EMR, Nursing hospital EMR, Insurance review claim support, Optimization of pharmaceutical prescriptions, Smart nursing support solution, Hospital ERP, and Hospital CRM. The company also provides member solutio… Read more
BIT Computer Co. Ltd (032850) - Net Assets
Latest net assets as of September 2025: ₩72.47 Billion KRW
Based on the latest financial reports, BIT Computer Co. Ltd (032850) has net assets worth ₩72.47 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 (₩82.38 Billion) and total liabilities (₩9.91 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 | ₩72.47 Billion |
| % of Total Assets | 87.97% |
| Annual Growth Rate | 6.43% |
| 5-Year Change | 28.51% |
| 10-Year Change | 95.59% |
| Growth Volatility | 5.72 |
BIT Computer Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how BIT Computer 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 BIT Computer Co. Ltd (2011–2024)
The table below shows the annual net assets of BIT Computer Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩70.25 Billion | +6.10% |
| 2023-12-31 | ₩66.21 Billion | +5.45% |
| 2022-12-31 | ₩62.79 Billion | +6.99% |
| 2021-12-31 | ₩58.69 Billion | +7.36% |
| 2020-12-31 | ₩54.66 Billion | +11.46% |
| 2019-12-31 | ₩49.04 Billion | +16.57% |
| 2018-12-31 | ₩42.07 Billion | -0.73% |
| 2017-12-31 | ₩42.38 Billion | +6.21% |
| 2016-12-31 | ₩39.90 Billion | +11.10% |
| 2015-12-31 | ₩35.92 Billion | +14.92% |
| 2014-12-31 | ₩31.25 Billion | +4.19% |
| 2013-12-31 | ₩30.00 Billion | -1.02% |
| 2012-12-31 | ₩30.31 Billion | -2.99% |
| 2011-12-31 | ₩31.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BIT Computer 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 5312294837000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩53.12 Billion | 75.62% |
| Common Stock | ₩8.31 Billion | 11.83% |
| Other Components | ₩8.82 Billion | 12.55% |
| Total Equity | ₩70.25 Billion | 100.00% |
BIT Computer Co. Ltd Competitors by Market Cap
The table below lists competitors of BIT Computer Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MICROPOLE S.A.INH. EO-05
F:MP4
|
$42.38 Million |
|
Nabaltec AG
F:NTG
|
$42.39 Million |
|
Arctic Paper SA
WAR:ATC
|
$42.39 Million |
|
Bioton S.A.
WAR:BIO
|
$42.39 Million |
|
Garuda Construction & Engineering
NSE:GARUDA
|
$42.37 Million |
|
HEMARAJ INDUSTRIAL PROPERTY AND LEASEHOLD FUND
BK:HPF
|
$42.36 Million |
|
Conrad Industries Inc
PINK:CNRD
|
$42.36 Million |
|
JW Shinyak Corporation
KQ:067290
|
$42.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BIT Computer Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 65,866,428,870 to 70,251,584,220, a change of 4,385,155,350 (6.7%).
- Net income of 7,760,961,900 contributed positively to equity growth.
- Dividend payments of 1,010,659,640 reduced retained earnings.
- Share repurchases of 2,000,496,290 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩7.76 Billion | +11.05% |
| Dividends Paid | ₩1.01 Billion | -1.44% |
| Share Repurchases | ₩2.00 Billion | -2.85% |
| Other Changes | ₩-364.65 Million | -0.52% |
| Total Change | ₩- | 6.66% |
Book Value vs Market Value Analysis
This analysis compares BIT Computer 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: 1.25x
- 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 2.27x to 1.25x 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 | ₩2426.30 | ₩5510.00 | x |
| 2017-12-31 | ₩2576.92 | ₩5510.00 | x |
| 2018-12-31 | ₩2558.14 | ₩5510.00 | x |
| 2019-12-31 | ₩2981.97 | ₩5510.00 | x |
| 2020-12-31 | ₩3323.76 | ₩5510.00 | x |
| 2021-12-31 | ₩3566.31 | ₩5510.00 | x |
| 2022-12-31 | ₩3815.61 | ₩5510.00 | x |
| 2023-12-31 | ₩4040.65 | ₩5510.00 | x |
| 2024-12-31 | ₩4414.85 | ₩5510.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BIT Computer 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): 11.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.93%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.13x
- Recent ROE (11.05%) is above the historical average (7.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.55% | 8.69% | 0.56x | 1.74x | ₩-453.93 Million |
| 2012 | 1.17% | 1.08% | 0.61x | 1.78x | ₩-2.68 Billion |
| 2013 | -1.52% | -1.29% | 0.65x | 1.83x | ₩-3.46 Billion |
| 2014 | 4.21% | 3.80% | 0.67x | 1.65x | ₩-1.81 Billion |
| 2015 | 12.90% | 12.42% | 0.75x | 1.39x | ₩1.04 Billion |
| 2016 | 10.43% | 11.95% | 0.67x | 1.31x | ₩169.78 Million |
| 2017 | 8.45% | 11.23% | 0.59x | 1.27x | ₩-655.35 Million |
| 2018 | -0.56% | -0.71% | 0.58x | 1.33x | ₩-4.44 Billion |
| 2019 | 14.46% | 18.98% | 0.60x | 1.27x | ₩2.19 Billion |
| 2020 | 11.84% | 17.37% | 0.53x | 1.29x | ₩1.01 Billion |
| 2021 | 8.25% | 13.29% | 0.51x | 1.22x | ₩-1.03 Billion |
| 2022 | 7.75% | 13.86% | 0.47x | 1.18x | ₩-1.41 Billion |
| 2023 | 8.41% | 16.55% | 0.42x | 1.22x | ₩-1.05 Billion |
| 2024 | 11.05% | 20.93% | 0.47x | 1.13x | ₩735.80 Million |
Industry Comparison
This section compares BIT Computer Co. Ltd's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $47,911,085,186
- Average return on equity (ROE) among peers: -26.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BIT Computer Co. Ltd (032850) | ₩72.47 Billion | 8.55% | 0.14x | $42.37 Million |
| ezCaretech Co. LTD (099750) | $34.16 Billion | -28.06% | 0.73x | $8.27 Million |
| SyntekaBio Inc (226330) | $24.94 Billion | -28.92% | 0.75x | $28.61 Million |
| Carelabs Co.Ltd (263700) | $10.40 Billion | 18.59% | 0.52x | $22.17 Million |
| Deep Noid Inc. (315640) | $27.18 Billion | -24.79% | 0.27x | $42.49 Million |
| Lunit Inc. (328130) | $235.11 Billion | -15.65% | 0.14x | $590.83 Million |
| Vuno Inc. (338220) | $5.42 Billion | -109.11% | 0.38x | $139.34 Million |
| LifeSemantics Corp. (347700) | $-1.84 Billion | 0.00% | 0.00x | $189.97 Million |