FINEDIGITAL Inc

KQ:038950 Korea Communication Equipment
Market Cap
$18.01 Million
₩26.37 Billion KRW
Market Cap Rank
#27976 Global
#1863 in Korea
Share Price
₩3215.00
Change (1 day)
+0.47%
52-Week Range
₩2855.00 - ₩3775.00
All Time High
₩8311.21
Categories
Companies in Korea Communication Equipment Technology AI & Machine Learning
About

FINEDIGITAL Inc. provides various products and solutions in the fields of mobile telecommunication and automotive IT in South Korea. It provides drive recorders; car navigation products; golf GPS rangefinders; and communication systems, such as compact spectrum analyzers, radio frequency source finders, and repeaters, as well as RF inspection and supervisory, jamming, and remote monitoring and co… Read more

FINEDIGITAL Inc (038950) - Net Assets

Latest net assets as of September 2025: ₩92.96 Billion KRW

Based on the latest financial reports, FINEDIGITAL Inc (038950) has net assets worth ₩92.96 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 (₩104.14 Billion) and total liabilities (₩11.17 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 ₩92.96 Billion
% of Total Assets 89.27%
Annual Growth Rate 2.23%
5-Year Change 3.55%
10-Year Change -4.71%
Growth Volatility 8.07

FINEDIGITAL Inc - Net Assets Trend (2003–2024)

This chart illustrates how FINEDIGITAL 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 FINEDIGITAL Inc (2003–2024)

The table below shows the annual net assets of FINEDIGITAL Inc from 2003 to 2024.

Year Net Assets Change
2024-12-31 ₩93.13 Billion -4.51%
2023-12-31 ₩97.53 Billion +9.14%
2022-12-31 ₩89.36 Billion -2.45%
2021-12-31 ₩91.60 Billion +1.85%
2020-12-31 ₩89.94 Billion +4.42%
2019-12-31 ₩86.13 Billion +0.84%
2018-12-31 ₩85.41 Billion -1.56%
2017-12-31 ₩86.76 Billion -5.81%
2016-12-31 ₩92.11 Billion -5.75%
2015-12-31 ₩97.73 Billion -1.69%
2014-12-31 ₩99.41 Billion +9.74%
2013-12-31 ₩90.59 Billion +13.37%
2012-12-31 ₩79.91 Billion +15.67%
2011-12-31 ₩69.09 Billion +1.21%
2007-12-31 ₩68.26 Billion -11.78%
2006-12-31 ₩77.38 Billion +1.80%
2005-12-31 ₩76.01 Billion +19.62%
2004-12-31 ₩63.55 Billion +8.47%
2003-12-31 ₩58.58 Billion --

Equity Component Analysis

This analysis shows how different components contribute to FINEDIGITAL 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 3380.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩44.01 Billion 47.25%
Common Stock ₩5.11 Billion 5.48%
Other Components ₩44.02 Billion 47.26%
Total Equity ₩93.13 Billion 100.00%

FINEDIGITAL Inc Competitors by Market Cap

The table below lists competitors of FINEDIGITAL Inc ranked by their market capitalization.

Company Market Cap
Ree Automotive Holding Inc
NASDAQ:REE
 		$11.34 Million
TAG Oil Ltd.
OTCQX:TAOIF
 		$11.35 Million
Sahacogen (Chonburi) Public Company Limited
BK:SCG
 		$11.35 Million
Les Docks des Pétroles d'Ambès -SA
PA:DPAM
 		$11.35 Million
Balta Group
LSE:0RQK
 		$11.34 Million
Daidong Elec
KO:008110
 		$11.34 Million
KINGZA International CO.,Ltd.
TWO:2751
 		$11.34 Million
Woori SPAC 3
KQ:198440
 		$11.33 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FINEDIGITAL Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 94,503,888,600 to 93,128,805,730, a change of -1,375,082,870 (-1.5%).
  • Net loss of 1,632,148,040 reduced equity.
  • Dividend payments of 397,770,150 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-1.63 Billion -1.75%
Dividends Paid ₩397.77 Million -0.43%
Other Changes ₩654.84 Million +0.7%
Total Change ₩- -1.46%

Book Value vs Market Value Analysis

This analysis compares FINEDIGITAL 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: 0.28x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 ₩10104.25 ₩3215.00 x
2017-12-31 ₩9506.30 ₩3215.00 x
2018-12-31 ₩9967.98 ₩3215.00 x
2019-12-31 ₩9801.36 ₩3215.00 x
2020-12-31 ₩10966.96 ₩3215.00 x
2021-12-31 ₩11169.33 ₩3215.00 x
2022-12-31 ₩11232.32 ₩3215.00 x
2023-12-31 ₩11523.53 ₩3215.00 x
2024-12-31 ₩11355.86 ₩3215.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently FINEDIGITAL 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): -1.75%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.31%
  • • Asset Turnover: 0.66x
  • • Equity Multiplier: 1.16x
  • Recent ROE (-1.75%) is below the historical average (3.21%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 5.70% 6.92% 0.62x 1.32x ₩-2.34 Billion
2004 1.29% 2.39% 0.41x 1.30x ₩-4.86 Billion
2005 1.55% 1.96% 0.46x 1.70x ₩-4.85 Billion
2011 9.13% 7.72% 0.94x 1.26x ₩-580.24 Million
2012 14.01% 10.92% 0.99x 1.29x ₩3.12 Billion
2013 7.62% 6.82% 0.93x 1.21x ₩-2.10 Billion
2014 9.56% 9.65% 0.83x 1.19x ₩-426.50 Million
2015 0.96% 1.10% 0.75x 1.16x ₩-8.59 Billion
2016 -0.02% -0.03% 0.73x 1.16x ₩-9.23 Billion
2017 -5.28% -6.03% 0.75x 1.17x ₩-13.26 Billion
2018 2.18% 2.17% 0.85x 1.19x ₩-6.68 Billion
2019 -0.14% -0.13% 0.90x 1.24x ₩-8.74 Billion
2020 6.81% 5.86% 0.96x 1.22x ₩-2.87 Billion
2021 2.70% 2.46% 0.92x 1.19x ₩-6.69 Billion
2022 -2.05% -2.01% 0.87x 1.18x ₩-10.77 Billion
2023 2.26% 2.43% 0.82x 1.13x ₩-7.32 Billion
2024 -1.75% -2.31% 0.66x 1.16x ₩-10.95 Billion

Industry Comparison

This section compares FINEDIGITAL Inc's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $173,932,593,946
  • Average return on equity (ROE) among peers: -3.07%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
FINEDIGITAL Inc (038950) ₩92.96 Billion 5.70% 0.12x $11.34 Million
Gaon Cable (000500) $331.01 Billion 5.41% 1.42x $211.74 Million
Huneed Tech (005870) $78.72 Billion 1.48% 1.08x $37.01 Million
Taihan Fiber Optics Co. Ltd (010170) $74.40 Billion -36.66% 1.12x $166.79 Million
Humax Holdings Co. Ltd (028080) $494.41 Billion 1.66% 0.79x $4.37 Million
Comtec Sys (031820) $206.97 Billion 1.91% 1.54x $45.97 Million
KMW Inc. (032500) $240.29 Billion -11.11% 0.44x $511.46 Million
Insung Information Co. Ltd (033230) $47.46 Billion 5.50% 1.41x $42.22 Million
Bluecom Co. Ltd (033560) $157.47 Billion -1.74% 0.11x $16.95 Million
Kisan Telecom Co. Ltd (035460) $38.51 Billion 6.45% 1.03x $16.25 Million
Samji Electronics Co. Ltd (037460) $70.08 Billion -3.58% 0.35x $115.55 Million