BIT Computer Co. Ltd (032850) - Net Assets

Latest as of September 2025: ₩72.47 Billion KRW ≈ $49.11 Million USD

Based on the latest financial reports, BIT Computer Co. Ltd (032850) has net assets worth ₩72.47 Billion KRW (≈ $49.11 Million USD) 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 ≈ $55.83 Million USD) and total liabilities (₩9.91 Billion ≈ $6.72 Million 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 BIT Computer Co. Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 032850 total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 032850 market cap.

Year	Net Assets	Change
2024-12-31	₩70.25 Billion ≈ $47.61 Million	+6.10%
2023-12-31	₩66.21 Billion ≈ $44.87 Million	+5.45%
2022-12-31	₩62.79 Billion ≈ $42.55 Million	+6.99%
2021-12-31	₩58.69 Billion ≈ $39.77 Million	+7.36%
2020-12-31	₩54.66 Billion ≈ $37.05 Million	+11.46%
2019-12-31	₩49.04 Billion ≈ $33.24 Million	+16.57%
2018-12-31	₩42.07 Billion ≈ $28.51 Million	-0.73%
2017-12-31	₩42.38 Billion ≈ $28.72 Million	+6.21%
2016-12-31	₩39.90 Billion ≈ $27.04 Million	+11.10%
2015-12-31	₩35.92 Billion ≈ $24.34 Million	+14.92%
2014-12-31	₩31.25 Billion ≈ $21.18 Million	+4.19%
2013-12-31	₩30.00 Billion ≈ $20.33 Million	-1.02%
2012-12-31	₩30.31 Billion ≈ $20.54 Million	-2.99%
2011-12-31	₩31.24 Billion ≈ $21.17 Million	--

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
Jetbest TWO:4741	$57.69 Million
Multifiling Mitra Indonesia JK:MFMI	$57.71 Million
GFL Limited NSE:GFLLIMITED	$57.71 Million
Berlian Laju Tanker Tbk PT JK:BLTA	$57.72 Million
Dongil Ind KO:004890	$57.69 Million
Gihon Telekomunikasi Indonesia Tbk PT JK:GHON	$57.69 Million
Focus Lighting and Fixtures Limited NSE:FOCUS	$57.67 Million
LapWall Oyj HE:LAPWALL	$57.67 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: 1.24x
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 2.26x to 1.24x 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	₩5490.00	x
2017-12-31	₩2576.92	₩5490.00	x
2018-12-31	₩2558.14	₩5490.00	x
2019-12-31	₩2981.97	₩5490.00	x
2020-12-31	₩3323.76	₩5490.00	x
2021-12-31	₩3566.31	₩5490.00	x
2022-12-31	₩3815.61	₩5490.00	x
2023-12-31	₩4040.65	₩5490.00	x
2024-12-31	₩4414.85	₩5490.00	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: $35,991,177,742
Average return on equity (ROE) among peers: -40.86%

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	$57.69 Million
ezCaretech Co. LTD (099750)	$41.51 Billion	-2.39%	0.41x	$158.32 Million
SyntekaBio Inc (226330)	$31.23 Billion	-36.50%	0.69x	$39.21 Million
Carelabs Co.Ltd (263700)	$62.25 Billion	0.94%	1.04x	$34.77 Million
LifeSemantics Corp. (347700)	$8.98 Billion	-125.50%	1.12x	$1.01 Billion

About BIT Computer Co. Ltd

KQ:032850 Korea Health Information Services

Market Cap

$57.69 Million

₩85.13 Billion KRW

Market Cap Rank

#21345 Global

#1361 in Korea

Share Price

₩5490.00

Change (1 day)

-3.35%

52-Week Range

₩4570.00 - ₩5710.00

All Time High

₩13598.49