SOLiD Inc

KQ:050890 Korea Communications & Networking
Market Cap
$467.84 Million
₩685.02 Billion KRW
Market Cap Rank
#12776 Global
#328 in Korea
Share Price
₩13220.00
Change (1 day)
+4.51%
52-Week Range
₩5920.00 - ₩13220.00
All Time High
₩13220.00
Categories
Companies in Korea Communications & Networking Technology
About

SOLiD, Inc. provides communication solutions in South Korea and internationally. The company offers distributed antenna systems (DAS), including multi-carrier DAS, single-carrier DAS, high power multi-band DAS, and DMS DAS management systems; and interference cancellation systems (ICS), such as high power ICS, low power plug-n-play repeaters, and integrated repeater operation management centers. … Read more

SOLiD Inc (050890) - Net Assets

Latest net assets as of September 2025: ₩322.73 Billion KRW

Based on the latest financial reports, SOLiD Inc (050890) has net assets worth ₩322.73 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 (₩505.94 Billion) and total liabilities (₩183.20 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 ₩322.73 Billion
% of Total Assets 63.79%
Annual Growth Rate 9.24%
5-Year Change 190.09%
10-Year Change 191.74%
Growth Volatility 26.59

SOLiD Inc - Net Assets Trend (2006–2024)

This chart illustrates how SOLiD 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 SOLiD Inc (2006–2024)

The table below shows the annual net assets of SOLiD Inc from 2006 to 2024.

Year Net Assets Change
2024-12-31 ₩322.25 Billion +18.03%
2023-12-31 ₩273.03 Billion +19.29%
2022-12-31 ₩228.88 Billion +17.08%
2021-12-31 ₩195.48 Billion +75.97%
2020-12-31 ₩111.09 Billion -9.40%
2019-12-31 ₩122.61 Billion +12.91%
2018-12-31 ₩108.59 Billion +30.86%
2017-12-31 ₩82.98 Billion +7.96%
2016-12-31 ₩76.87 Billion -30.41%
2015-12-31 ₩110.46 Billion +16.99%
2014-12-31 ₩94.42 Billion +28.04%
2013-12-31 ₩73.74 Billion +30.39%
2012-12-31 ₩56.55 Billion +16.40%
2011-12-31 ₩48.58 Billion -16.82%
2010-12-31 ₩58.41 Billion +10.56%
2009-12-31 ₩52.83 Billion -41.03%
2008-12-31 ₩89.59 Billion -7.36%
2007-12-31 ₩96.72 Billion +47.20%
2006-12-31 ₩65.70 Billion --

Equity Component Analysis

This analysis shows how different components contribute to SOLiD 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 34977.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩148.33 Billion 46.03%
Common Stock ₩30.61 Billion 9.50%
Other Components ₩143.31 Billion 44.47%
Total Equity ₩322.25 Billion 100.00%

SOLiD Inc Competitors by Market Cap

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

Company Market Cap
Hartalega Holdings Bhd
KLSE:5168
 		$305.21 Million
Chiyoda Corporation
PINK:CHYCF
 		$305.24 Million
Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A
SHE:002864
 		$305.27 Million
Zhong Fu Tong Co Ltd
SHE:300560
 		$305.28 Million
Plumas Bancorp
NASDAQ:PLBC
 		$305.04 Million
Suzhou YourBest New-type Materials Co.Ltd.
SHE:301266
 		$305.02 Million
Viva Biotech Holdings
PINK:VBIZF
 		$304.96 Million
Takamatsu Construction Group Co., Ltd.
PINK:TAKMF
 		$304.85 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 272,529,463,690 to 322,254,077,470, a change of 49,724,613,780 (18.2%).
  • Net income of 46,148,160,070 contributed positively to equity growth.
  • Dividend payments of 3,042,661,800 reduced retained earnings.
  • Share repurchases of 1,497,812,630 reduced equity.
  • Other factors increased equity by 8,116,928,140.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩46.15 Billion +14.32%
Dividends Paid ₩3.04 Billion -0.94%
Share Repurchases ₩1.50 Billion -0.46%
Other Changes ₩8.12 Billion +2.52%
Total Change ₩- 18.25%

Book Value vs Market Value Analysis

This analysis compares SOLiD 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: 2.49x
  • 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 5.52x to 2.49x 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 ₩2394.24 ₩13220.00 x
2017-12-31 ₩2406.30 ₩13220.00 x
2018-12-31 ₩2766.83 ₩13220.00 x
2019-12-31 ₩2292.71 ₩13220.00 x
2020-12-31 ₩2077.26 ₩13220.00 x
2021-12-31 ₩3212.27 ₩13220.00 x
2022-12-31 ₩3761.09 ₩13220.00 x
2023-12-31 ₩4478.46 ₩13220.00 x
2024-12-31 ₩5317.68 ₩13220.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SOLiD 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): 14.32%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.94%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.54x
  • Recent ROE (14.32%) is above the historical average (1.92%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 21.23% 8.50% 1.26x 1.99x ₩6.06 Billion
2007 10.67% 5.95% 0.81x 2.21x ₩397.21 Million
2010 11.25% 6.24% 0.79x 2.27x ₩644.42 Million
2012 8.54% 3.20% 0.85x 3.14x ₩-830.40 Million
2013 19.41% 8.35% 0.89x 2.62x ₩6.96 Billion
2014 15.10% 6.99% 1.03x 2.09x ₩4.74 Billion
2015 3.46% 2.01% 0.60x 2.89x ₩-7.23 Billion
2016 -89.55% -28.70% 0.70x 4.46x ₩-76.52 Billion
2017 -26.55% -8.50% 0.92x 3.39x ₩-30.33 Billion
2018 8.36% 4.08% 0.83x 2.48x ₩-1.78 Billion
2019 4.69% 2.51% 0.81x 2.31x ₩-6.51 Billion
2020 -10.38% -6.67% 0.61x 2.53x ₩-22.64 Billion
2021 12.20% 11.24% 0.57x 1.89x ₩4.31 Billion
2022 13.04% 10.67% 0.64x 1.90x ₩6.95 Billion
2023 15.00% 12.72% 0.70x 1.68x ₩13.62 Billion
2024 14.32% 13.94% 0.67x 1.54x ₩13.92 Billion

Industry Comparison

This section compares SOLiD Inc's net assets metrics with peer companies in the Communications & Networking industry.

Industry Context

  • Industry: Communications & Networking
  • Average net assets among peers: $86,996,720,250
  • Average return on equity (ROE) among peers: 8.13%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SOLiD Inc (050890) ₩322.73 Billion 21.23% 0.57x $305.10 Million
Eyesvision Corp (031310) $57.11 Billion 0.00% 0.63x $10.72 Million
BG T&A Co (046310) $39.68 Billion 11.63% 0.94x $25.90 Million
System and Application Technologies Co. Ltd (060540) $35.60 Billion 0.00% 0.39x $13.34 Million
Homecast Co.Ltd (064240) $84.61 Billion 1.04% 0.43x $39.77 Million
ECSTELECOM Co. Ltd (067010) $52.16 Billion 10.06% 0.43x $13.64 Million
Innowireless Co. Ltd (073490) $71.98 Billion 21.31% 0.23x $117.11 Million
Frtek Co.Ltd (073540) $41.17 Billion 6.44% 0.26x $11.90 Million
Ubiquoss Holdings Inc (078070) $217.75 Billion 10.99% 0.15x $78.70 Million
Kaonmedia Co Ltd (078890) $182.90 Billion 11.67% 1.10x $56.34 Million