Seronics Co. Ltd (042600) - Net Assets
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
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