SOLiD Inc (050890) - Net Assets
Based on the latest financial reports, SOLiD Inc (050890) has net assets worth ₩322.73 Billion KRW (≈ $218.71 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 (₩505.94 Billion ≈ $342.87 Million USD) and total liabilities (₩183.20 Billion ≈ $124.15 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 050890 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of SOLiD Inc for the complete picture of this company's asset base.
Annual Net Assets for SOLiD Inc (2006–2024)
The table below shows the annual net assets of SOLiD Inc from 2006 to 2024. For live valuation and market cap data, see 050890 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩322.25 Billion ≈ $218.39 Million |
+18.03% |
| 2023-12-31 | ₩273.03 Billion ≈ $185.03 Million |
+19.29% |
| 2022-12-31 | ₩228.88 Billion ≈ $155.11 Million |
+17.08% |
| 2021-12-31 | ₩195.48 Billion ≈ $132.47 Million |
+75.97% |
| 2020-12-31 | ₩111.09 Billion ≈ $75.28 Million |
-9.40% |
| 2019-12-31 | ₩122.61 Billion ≈ $83.09 Million |
+12.91% |
| 2018-12-31 | ₩108.59 Billion ≈ $73.59 Million |
+30.86% |
| 2017-12-31 | ₩82.98 Billion ≈ $56.24 Million |
+7.96% |
| 2016-12-31 | ₩76.87 Billion ≈ $52.09 Million |
-30.41% |
| 2015-12-31 | ₩110.46 Billion ≈ $74.86 Million |
+16.99% |
| 2014-12-31 | ₩94.42 Billion ≈ $63.98 Million |
+28.04% |
| 2013-12-31 | ₩73.74 Billion ≈ $49.97 Million |
+30.39% |
| 2012-12-31 | ₩56.55 Billion ≈ $38.32 Million |
+16.40% |
| 2011-12-31 | ₩48.58 Billion ≈ $32.92 Million |
-16.82% |
| 2010-12-31 | ₩58.41 Billion ≈ $39.58 Million |
+10.56% |
| 2009-12-31 | ₩52.83 Billion ≈ $35.80 Million |
-41.03% |
| 2008-12-31 | ₩89.59 Billion ≈ $60.72 Million |
-7.36% |
| 2007-12-31 | ₩96.72 Billion ≈ $65.54 Million |
+47.20% |
| 2006-12-31 | ₩65.70 Billion ≈ $44.53 Million |
-- |
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 |
|---|---|
|
HIVE Digital Technologies Ltd.
V:HIVE
|
$600.90 Million |
|
Sparebank 1 Ostfold Akershus
OL:SOAG
|
$601.01 Million |
|
Arrow Financial Corporation
NASDAQ:AROW
|
$601.02 Million |
|
Anhui Zhongyuan New Materials Co Ltd
SHG:603527
|
$601.12 Million |
|
Ta Ann Holdings Bhd
KLSE:5012
|
$600.48 Million |
|
NETGEAR Inc
NASDAQ:NTGR
|
$600.43 Million |
|
Taier Heavy Industry Co Ltd
SHE:002347
|
$600.43 Million |
|
AS Merko Ehitus
F:MKS
|
$600.32 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: 3.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.15x to 3.22x 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 | ₩17110.00 | x |
| 2017-12-31 | ₩2406.30 | ₩17110.00 | x |
| 2018-12-31 | ₩2766.83 | ₩17110.00 | x |
| 2019-12-31 | ₩2292.71 | ₩17110.00 | x |
| 2020-12-31 | ₩2077.26 | ₩17110.00 | x |
| 2021-12-31 | ₩3212.27 | ₩17110.00 | x |
| 2022-12-31 | ₩3761.09 | ₩17110.00 | x |
| 2023-12-31 | ₩4478.46 | ₩17110.00 | x |
| 2024-12-31 | ₩5317.68 | ₩17110.00 | 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: $84,644,250,460
- Average return on equity (ROE) among peers: 0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SOLiD Inc (050890) | ₩322.73 Billion | 21.23% | 0.57x | $600.83 Million |
| Eyesvision Corp (031310) | $59.20 Billion | 0.00% | 0.63x | $16.58 Million |
| BG T&A Co (046310) | $30.65 Billion | -4.33% | 1.43x | $34.14 Million |
| System and Application Technologies Co. Ltd (060540) | $100.19 Billion | 9.12% | 0.68x | $24.56 Million |
| Homecast Co.Ltd (064240) | $37.64 Billion | 0.16% | 0.66x | $47.40 Million |
| CS Corporation (065770) | $21.76 Billion | -2.38% | 0.25x | $20.22 Million |
| ECSTELECOM Co. Ltd (067010) | $55.79 Billion | 8.32% | 0.52x | $10.85 Million |
| Innowireless Co. Ltd (073490) | $76.88 Billion | -5.83% | 0.17x | $213.97 Million |
| Frtek Co.Ltd (073540) | $32.97 Billion | -4.85% | 0.71x | $30.20 Million |
| Ubiquoss Holdings Inc (078070) | $346.72 Billion | 4.04% | 0.13x | $167.73 Million |
About SOLiD Inc
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