meerecompany Incorporated (049950) - Net Assets

Latest as of September 2025: ₩106.99 Billion KRW ≈ $72.51 Million USD

Based on the latest financial reports, meerecompany Incorporated (049950) has net assets worth ₩106.99 Billion KRW (≈ $72.51 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 (₩127.08 Billion ≈ $86.12 Million USD) and total liabilities (₩20.09 Billion ≈ $13.62 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 meerecompany Incorporated asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩106.99 Billion
% of Total Assets	84.19%
Annual Growth Rate	5.93%
5-Year Change	30.24%
10-Year Change	94.92%
Growth Volatility	14.32

meerecompany Incorporated - Net Assets Trend (2011–2024)

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

Annual Net Assets for meerecompany Incorporated (2011–2024)

The table below shows the annual net assets of meerecompany Incorporated from 2011 to 2024. For live valuation and market cap data, see how much is meerecompany Incorporated worth.

Year	Net Assets	Change
2024-12-31	₩126.02 Billion ≈ $85.40 Million	-5.43%
2023-12-31	₩133.25 Billion ≈ $90.30 Million	+0.28%
2022-12-31	₩132.88 Billion ≈ $90.05 Million	+27.72%
2021-12-31	₩104.04 Billion ≈ $70.51 Million	+7.53%
2020-12-31	₩96.75 Billion ≈ $65.57 Million	-14.31%
2019-12-31	₩112.91 Billion ≈ $76.52 Million	+9.23%
2018-12-31	₩103.36 Billion ≈ $70.05 Million	+4.57%
2017-12-31	₩98.85 Billion ≈ $66.99 Million	+38.61%
2016-12-31	₩71.31 Billion ≈ $48.33 Million	+10.30%
2015-12-31	₩64.65 Billion ≈ $43.81 Million	+4.98%
2014-12-31	₩61.59 Billion ≈ $41.74 Million	-10.84%
2013-12-31	₩69.07 Billion ≈ $46.81 Million	-2.63%
2012-12-31	₩70.94 Billion ≈ $48.08 Million	+19.09%
2011-12-31	₩59.57 Billion ≈ $40.37 Million	--

Equity Component Analysis

This analysis shows how different components contribute to meerecompany Incorporated'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 10442338931000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩104.42 Billion	82.87%
Common Stock	₩4.41 Billion	3.50%
Other Components	₩17.18 Billion	13.64%
Total Equity	₩126.02 Billion	100.00%

meerecompany Incorporated Competitors by Market Cap

The table below lists competitors of meerecompany Incorporated ranked by their market capitalization.

Company	Market Cap
J W Mays Inc NASDAQ:MAYS	$79.46 Million
Tradetool Auto Co Ltd TWO:3685	$79.47 Million
European Residential Real Estate Investment Trust TO:ERE-UN	$79.47 Million
Eksun Gida Tarim Sanayi ve Ticaret A.S. IS:EKSUN	$79.56 Million
Biodesix Inc NASDAQ:BDSX	$79.44 Million
Loxley Public Company Limited F:NVAI	$79.43 Million
PP Presisi Tbk PT JK:PPRE	$79.43 Million
Consolidated Construction Consortium Limited NSE:CCCL	$79.43 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 133,249,755,440 to 126,016,245,570, a change of -7,233,509,870 (-5.4%).
Net loss of 7,141,990,640 reduced equity.
Dividend payments of 792,662,900 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-7.14 Billion	-5.67%
Dividends Paid	₩792.66 Million	-0.63%
Other Changes	₩701.14 Million	+0.56%
Total Change	₩-	-5.43%

Book Value vs Market Value Analysis

This analysis compares meerecompany Incorporated'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: 1.02x
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 1.75x to 1.02x 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	₩9256.07	₩16200.00	x
2017-12-31	₩12809.07	₩16200.00	x
2018-12-31	₩13800.13	₩16200.00	x
2019-12-31	₩15080.06	₩16200.00	x
2020-12-31	₩12552.00	₩16200.00	x
2021-12-31	₩13497.31	₩16200.00	x
2022-12-31	₩17252.51	₩16200.00	x
2023-12-31	₩16810.39	₩16200.00	x
2024-12-31	₩15897.83	₩16200.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently meerecompany Incorporated 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): -5.67%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -10.62%
• Asset Turnover: 0.45x
• Equity Multiplier: 1.18x
Recent ROE (-5.67%) is below the historical average (8.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	23.24%	12.83%	1.05x	1.72x	₩7.89 Billion
2012	18.07%	13.30%	0.86x	1.57x	₩5.72 Billion
2014	-11.90%	-16.37%	0.54x	1.35x	₩-13.49 Billion
2015	5.13%	5.31%	0.70x	1.38x	₩-3.15 Billion
2016	10.26%	9.10%	0.81x	1.40x	₩188.76 Million
2017	28.50%	15.52%	1.10x	1.67x	₩18.28 Billion
2018	19.11%	9.26%	1.50x	1.37x	₩9.41 Billion
2019	10.59%	12.28%	0.73x	1.18x	₩669.11 Million
2020	-14.96%	-24.56%	0.48x	1.26x	₩-24.15 Billion
2021	6.18%	5.52%	0.72x	1.54x	₩-3.98 Billion
2022	22.04%	18.92%	0.91x	1.29x	₩16.01 Billion
2023	2.66%	3.23%	0.70x	1.17x	₩-9.79 Billion
2024	-5.67%	-10.62%	0.45x	1.18x	₩-19.74 Billion

Industry Comparison

This section compares meerecompany Incorporated's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.

Industry Context

Industry: Semiconductors & Semiconductor Equipment
Average net assets among peers: $161,353,487,224
Average return on equity (ROE) among peers: 4.67%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
meerecompany Incorporated (049950)	₩106.99 Billion	23.24%	0.19x	$79.45 Million
PSK HOLDINGS Inc (031980)	$197.51 Billion	29.97%	0.21x	$459.89 Million
Fidelix Co. Ltd (032580)	$34.90 Billion	13.90%	0.69x	$22.13 Million
Cloud Air Co.Ltd (036170)	$63.80 Billion	0.95%	0.08x	$148.12 Million
UNISEM Co. Ltd (036200)	$228.30 Billion	6.80%	0.15x	$225.30 Million
JUSUNG ENGINEERING Co. Ltd (036930)	$514.75 Billion	6.61%	0.56x	$4.12 Billion
Lumens Co. Ltd (038060)	$221.56 Billion	-2.75%	0.53x	$37.16 Million
iA Inc (038880)	$24.15 Billion	0.00%	1.77x	$149.31 Million
I&C Technology Co. Ltd (052860)	$56.05 Billion	-26.42%	0.28x	$66.41 Million
KMH Hitech Co. Ltd (052900)	$111.17 Billion	13.01%	0.69x	$37.41 Million

About meerecompany Incorporated

KQ:049950 Korea Semiconductors & Semiconductor Equipment

Market Cap

$79.45 Million

₩117.24 Billion KRW

Market Cap Rank

#20070 Global

#1152 in Korea

Share Price

₩16200.00

Change (1 day)

-1.52%

52-Week Range

₩13060.00 - ₩21400.00

All Time High

₩134745.82