Signetics Corporation
Signetics Corporation operates as a semiconductor assembly and test specialty company in South Korea and internationally. It offers laminate and flip chip package products for various applications in communication, consumption, and computer markets; and lead frame package products for logic, analog, and RF applications, as well as for controllers and drivers. The company's services comprise test … Read more
Signetics Corporation (033170) - Net Assets
Latest net assets as of September 2025: ₩48.72 Billion KRW
Based on the latest financial reports, Signetics Corporation (033170) has net assets worth ₩48.72 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 (₩101.36 Billion) and total liabilities (₩52.64 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 | ₩48.72 Billion |
| % of Total Assets | 48.07% |
| Annual Growth Rate | -8.85% |
| 5-Year Change | -34.94% |
| 10-Year Change | -58.86% |
| Growth Volatility | 15.26 |
Signetics Corporation - Net Assets Trend (2014–2024)
This chart illustrates how Signetics Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Signetics Corporation (2014–2024)
The table below shows the annual net assets of Signetics Corporation from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩69.20 Billion | -41.32% |
| 2023-12-31 | ₩117.94 Billion | -10.19% |
| 2022-12-31 | ₩131.31 Billion | +6.33% |
| 2021-12-31 | ₩123.49 Billion | +16.10% |
| 2020-12-31 | ₩106.37 Billion | -23.73% |
| 2019-12-31 | ₩139.46 Billion | -5.34% |
| 2018-12-31 | ₩147.33 Billion | -12.12% |
| 2017-12-31 | ₩167.65 Billion | +2.77% |
| 2016-12-31 | ₩163.13 Billion | -3.02% |
| 2015-12-31 | ₩168.21 Billion | -3.81% |
| 2014-12-31 | ₩174.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Signetics Corporation'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 141.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩42.86 Billion | 61.94% |
| Other Components | ₩56.77 Billion | 82.03% |
| Total Equity | ₩69.20 Billion | 100.00% |
Signetics Corporation Competitors by Market Cap
The table below lists competitors of Signetics Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JMC Electronics Co Ltd
TW:6552
|
$27.28 Million |
|
Hana Pharm Co Ltd
KO:293480
|
$27.30 Million |
|
Excellon Resources Inc
PINK:EXNRF
|
$27.31 Million |
|
Garo AB
ST:GARO
|
$27.32 Million |
|
Ecos India Mobility & Hospitality Ltd
NSE:ECOSMOBLTY
|
$27.27 Million |
|
Fairchem Organics Limited
NSE:FAIRCHEMOR
|
$27.26 Million |
|
Shangri-La Hotel Public Company Limited
BK:SHANG
|
$27.26 Million |
|
Gladiator Metals Corp
PINK:GDTRF
|
$27.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Signetics Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 117,935,343,720 to 69,202,668,200, a change of -48,732,675,520 (-41.3%).
- Net loss of 50,919,811,310 reduced equity.
- Other factors increased equity by 2,187,135,790.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-50.92 Billion | -73.58% |
| Other Changes | ₩2.19 Billion | +3.16% |
| Total Change | ₩- | -41.32% |
Book Value vs Market Value Analysis
This analysis compares Signetics Corporation'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: 0.94x
- 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 increased from 0.40x to 0.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1902.88 | ₩760.00 | x |
| 2017-12-31 | ₩1955.60 | ₩760.00 | x |
| 2018-12-31 | ₩1718.58 | ₩760.00 | x |
| 2019-12-31 | ₩1626.75 | ₩760.00 | x |
| 2020-12-31 | ₩1240.80 | ₩760.00 | x |
| 2021-12-31 | ₩1440.53 | ₩760.00 | x |
| 2022-12-31 | ₩1531.73 | ₩760.00 | x |
| 2023-12-31 | ₩1375.69 | ₩760.00 | x |
| 2024-12-31 | ₩807.23 | ₩760.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Signetics Corporation 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): -73.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.10%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.52x
- Recent ROE (-73.58%) is below the historical average (-11.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -2.60% | -1.94% | 0.99x | 1.35x | ₩-22.03 Billion |
| 2015 | -2.20% | -1.77% | 0.94x | 1.33x | ₩-20.53 Billion |
| 2016 | -3.60% | -2.72% | 0.88x | 1.50x | ₩-22.19 Billion |
| 2017 | 0.96% | 0.61% | 1.14x | 1.39x | ₩-15.15 Billion |
| 2018 | -4.23% | -2.49% | 1.25x | 1.36x | ₩-20.96 Billion |
| 2019 | -14.31% | -9.12% | 1.18x | 1.33x | ₩-33.90 Billion |
| 2020 | -35.10% | -18.52% | 1.21x | 1.57x | ₩-47.97 Billion |
| 2021 | 13.76% | 6.30% | 1.48x | 1.48x | ₩4.64 Billion |
| 2022 | 5.74% | 2.62% | 1.49x | 1.47x | ₩-5.60 Billion |
| 2023 | -13.08% | -8.32% | 1.21x | 1.30x | ₩-27.22 Billion |
| 2024 | -73.58% | -43.10% | 1.12x | 1.52x | ₩-57.84 Billion |
Industry Comparison
This section compares Signetics Corporation's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $117,349,236,237
- Average return on equity (ROE) among peers: 3.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Signetics Corporation (033170) | ₩48.72 Billion | -2.60% | 1.08x | $27.27 Million |
| D I Corp (003160) | $107.48 Billion | 1.55% | 0.75x | $435.45 Million |
| Samick Thk (004380) | $97.62 Billion | 17.55% | 2.04x | $42.11 Million |
| PSMC CO. Ltd (024850) | $19.69 Billion | 3.04% | 0.85x | $196.26 Million |
| Mirae Corporation (025560) | $60.62 Billion | -22.53% | 0.39x | $27.50 Million |
| MK Electron Co. Ltd (033160) | $90.84 Billion | 8.51% | 2.05x | $135.41 Million |
| Nepes Corporation (033640) | $116.59 Billion | 0.00% | 2.39x | $191.67 Million |
| EO Technics Co. Ltd (039030) | $317.59 Billion | 6.02% | 0.29x | $2.32 Billion |
| STI Co. Ltd (039440) | $39.55 Billion | 13.20% | 0.93x | $230.89 Million |
| Hanmi Semicon (042700) | $206.17 Billion | 4.61% | 0.38x | $8.55 Billion |