Seronics Co. Ltd (042600) - Net Assets

Latest as of September 2025: ₩72.57 Billion KRW ≈ $49.18 Million USD

Based on the latest financial reports, Seronics Co. Ltd (042600) has net assets worth ₩72.57 Billion KRW (≈ $49.18 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 (₩190.91 Billion ≈ $129.38 Million USD) and total liabilities (₩118.34 Billion ≈ $80.20 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 how resilient are Seronics Co. Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ₩72.57 Billion
% of Total Assets 38.01%
Annual Growth Rate 6.68%
5-Year Change 60.16%
10-Year Change 87.38%
Growth Volatility 22.29

Seronics Co. Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Seronics Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Seronics Co. Ltd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Seronics Co. Ltd (2002–2024)

The table below shows the annual net assets of Seronics Co. Ltd from 2002 to 2024. For live valuation and market cap data, see how much is Seronics Co. Ltd worth.

Year Net Assets Change
2024-12-31 ₩121.78 Billion
≈ $82.53 Million
-30.28%
2023-12-31 ₩174.67 Billion
≈ $118.37 Million
-12.18%
2022-12-31 ₩198.90 Billion
≈ $134.79 Million
+86.17%
2021-12-31 ₩106.84 Billion
≈ $72.40 Million
+40.51%
2020-12-31 ₩76.04 Billion
≈ $51.53 Million
-5.09%
2019-12-31 ₩80.12 Billion
≈ $54.29 Million
+2.38%
2018-12-31 ₩78.25 Billion
≈ $53.03 Million
+11.06%
2017-12-31 ₩70.46 Billion
≈ $47.75 Million
+0.73%
2016-12-31 ₩69.94 Billion
≈ $47.40 Million
+7.62%
2015-12-31 ₩64.99 Billion
≈ $44.04 Million
+13.09%
2014-12-31 ₩57.47 Billion
≈ $38.94 Million
+19.99%
2013-12-31 ₩47.89 Billion
≈ $32.46 Million
+1.65%
2012-12-31 ₩47.12 Billion
≈ $31.93 Million
-13.04%
2011-12-31 ₩54.18 Billion
≈ $36.72 Million
-0.78%
2010-12-31 ₩54.60 Billion
≈ $37.00 Million
+14.64%
2009-12-31 ₩47.63 Billion
≈ $32.28 Million
+8.68%
2008-12-31 ₩43.83 Billion
≈ $29.70 Million
+31.63%
2007-12-31 ₩33.30 Billion
≈ $22.56 Million
-3.11%
2006-12-31 ₩34.36 Billion
≈ $23.29 Million
+3.72%
2005-12-31 ₩33.13 Billion
≈ $22.45 Million
+3.14%
2004-12-31 ₩32.12 Billion
≈ $21.77 Million
-2.88%
2003-12-31 ₩33.07 Billion
≈ $22.41 Million
+12.64%
2002-12-31 ₩29.36 Billion
≈ $19.90 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Seronics 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 402.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩101.09 Billion 83.01%
Common Stock ₩6.21 Billion 5.10%
Other Components ₩14.48 Billion 11.89%
Total Equity ₩121.78 Billion 100.00%

Seronics Co. Ltd Competitors by Market Cap

The table below lists competitors of Seronics Co. Ltd ranked by their market capitalization.

Company Market Cap
Sea Sonic Electronics Co Ltd
TWO:6203
$167.45 Million
CareRx Corp
TO:CRRX
$167.61 Million
Omiris AG
F:HBD1
$167.69 Million
LIWANLI Innovation Co Ltd
TW:3054
$167.70 Million
Astec LifeSciences Limited
NSE:ASTEC
$167.40 Million
Waton Financial Limited Ordinary Shares
NASDAQ:WTF
$167.38 Million
Genexine Inc
KQ:095700
$167.36 Million
STLLR Gold Inc.
TO:STLR
$167.34 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 170,076,675,790 to 121,779,552,030, a change of -48,297,123,760 (-28.4%).
  • Net loss of 53,861,637,250 reduced equity.
  • Other factors increased equity by 5,564,513,490.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-53.86 Billion -44.23%
Other Changes ₩5.56 Billion +4.57%
Total Change ₩- -28.40%

Book Value vs Market Value Analysis

This analysis compares Seronics 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: 2.03x
  • 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 3.53x to 2.03x 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 ₩5718.39 ₩20200.00 x
2017-12-31 ₩5760.38 ₩20200.00 x
2018-12-31 ₩6397.67 ₩20200.00 x
2019-12-31 ₩6549.96 ₩20200.00 x
2020-12-31 ₩6216.39 ₩20200.00 x
2021-12-31 ₩8734.78 ₩20200.00 x
2022-12-31 ₩16261.26 ₩20200.00 x
2023-12-31 ₩13904.73 ₩20200.00 x
2024-12-31 ₩9956.17 ₩20200.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Seronics 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): -44.23%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -26.60%
  • • Asset Turnover: 0.78x
  • • Equity Multiplier: 2.12x
  • Recent ROE (-44.23%) is below the historical average (5.15%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 1.17% 0.58% 1.12x 1.81x ₩-2.54 Billion
2003 4.36% 3.76% 0.84x 1.39x ₩-1.83 Billion
2004 4.64% 4.18% 0.73x 1.52x ₩-1.69 Billion
2005 5.67% 3.34% 1.04x 1.64x ₩-1.40 Billion
2006 6.05% 3.32% 0.99x 1.85x ₩-1.33 Billion
2014 15.54% 6.10% 1.50x 1.70x ₩2.93 Billion
2015 9.39% 4.24% 1.31x 1.69x ₩-360.85 Million
2016 15.67% 9.30% 1.05x 1.60x ₩3.96 Billion
2017 4.18% 2.33% 1.08x 1.66x ₩-4.10 Billion
2018 9.41% 5.18% 1.08x 1.68x ₩-465.23 Million
2019 -2.40% -1.18% 1.22x 1.68x ₩-9.94 Billion
2020 -2.26% -1.05% 1.17x 1.83x ₩-9.32 Billion
2021 26.76% 14.89% 0.83x 2.17x ₩17.91 Billion
2022 45.29% 41.20% 0.63x 1.75x ₩70.20 Billion
2023 -16.87% -14.22% 0.62x 1.90x ₩-45.70 Billion
2024 -44.23% -26.60% 0.78x 2.12x ₩-66.04 Billion

Industry Comparison

This section compares Seronics Co. Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $218,334,830,115
  • Average return on equity (ROE) among peers: 5.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Seronics Co. Ltd (042600) ₩72.57 Billion 1.17% 1.63x $167.44 Million
YoungPoong (000670) $471.92 Billion 0.00% 1.01x $822.21 Million
Sam Hwa Capaci (001820) $22.52 Billion 31.89% 1.98x $467.29 Million
Samick Music I (002450) $144.58 Billion 1.50% 1.43x $64.41 Million
Hansol Technics (004710) $34.25 Billion 0.00% 5.26x $173.10 Million
Sunny Elec (004770) $30.06 Billion 0.40% 0.10x $43.99 Million
Samyoung Elec (005680) $363.17 Billion 5.47% 0.12x $197.81 Million
PJ Electronics Co. Ltd (006140) $109.57 Billion 4.53% 0.33x $71.73 Million
Isupetasys (007660) $168.70 Billion 12.06% 1.02x $7.48 Billion
Korea Circuit Co. Ltd. (007810) $128.70 Billion 2.46% 0.61x $1.51 Billion
Korea Circuit Co Ltd (007815) $709.89 Billion -5.16% 0.74x $43.40 Million

About Seronics Co. Ltd

KQ:042600 Korea Electronic Components
Market Cap
$167.44 Million
₩247.08 Billion KRW
Market Cap Rank
#17194 Global
#779 in Korea
Share Price
₩20200.00
Change (1 day)
-6.91%
52-Week Range
₩6590.00 - ₩22000.00
All Time High
₩66300.00
About

Seronics Co., Ltd. manufactures and sells electronic components in Korea and America. It offers devices and flexible flat cables, TV devices, and plastic injection moldings. It is also involved in manufacturing and sales of electronics, plastic injection moldings, and solar component materials. Seronics Co., Ltd. was founded in 1968 and is headquartered in Gumi-si, South Korea