MiCo Ltd (059090) - Net Assets

Latest as of September 2025: ₩535.59 Billion KRW ≈ $362.96 Million USD

Based on the latest financial reports, MiCo Ltd (059090) has net assets worth ₩535.59 Billion KRW (≈ $362.96 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 (₩1.66 Trillion ≈ $1.12 Billion USD) and total liabilities (₩1.12 Trillion ≈ $760.36 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 MiCo Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩535.59 Billion
% of Total Assets	32.31%
Annual Growth Rate	3.75%
5-Year Change	-9.73%
10-Year Change	99.0%
Growth Volatility	44.87

MiCo Ltd - Net Assets Trend (2005–2024)

This chart illustrates how MiCo Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of MiCo Ltd for the complete picture of this company's asset base.

Annual Net Assets for MiCo Ltd (2005–2024)

The table below shows the annual net assets of MiCo Ltd from 2005 to 2024. For live valuation and market cap data, see market cap of MiCo Ltd.

Year	Net Assets	Change
2024-12-31	₩101.41 Billion ≈ $68.72 Million	-72.30%
2023-12-31	₩366.08 Billion ≈ $248.09 Million	+158.15%
2022-12-31	₩141.81 Billion ≈ $96.10 Million	-25.60%
2021-12-31	₩190.60 Billion ≈ $129.17 Million	+69.67%
2020-12-31	₩112.34 Billion ≈ $76.13 Million	+21.39%
2019-12-31	₩92.54 Billion ≈ $62.71 Million	+8.64%
2018-12-31	₩85.18 Billion ≈ $57.73 Million	+33.63%
2017-12-31	₩63.74 Billion ≈ $43.20 Million	+5.73%
2016-12-31	₩60.29 Billion ≈ $40.86 Million	+18.31%
2015-12-31	₩50.96 Billion ≈ $34.53 Million	-7.73%
2014-12-31	₩55.23 Billion ≈ $37.43 Million	+27.28%
2013-12-31	₩43.39 Billion ≈ $29.41 Million	-13.40%
2012-12-31	₩50.10 Billion ≈ $33.96 Million	+9.13%
2011-12-31	₩45.91 Billion ≈ $31.11 Million	-13.39%
2010-12-31	₩53.01 Billion ≈ $35.92 Million	+25.78%
2009-12-31	₩42.15 Billion ≈ $28.56 Million	+20.05%
2008-12-31	₩35.11 Billion ≈ $23.79 Million	-31.75%
2007-12-31	₩51.44 Billion ≈ $34.86 Million	+7.85%
2006-12-31	₩47.69 Billion ≈ $32.32 Million	-5.27%
2005-12-31	₩50.35 Billion ≈ $34.12 Million	--

Equity Component Analysis

This analysis shows how different components contribute to MiCo 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 decreased by 345127.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	₩16.71 Billion	16.48%
Other Components	₩131.34 Billion	129.52%
Total Equity	₩101.41 Billion	100.00%

MiCo Ltd Competitors by Market Cap

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

Company	Market Cap
Shenzhen Keanda Electronic Techno SHE:002972	$483.46 Million
Gansu Dunhuang Seed Co Ltd SHG:600354	$483.49 Million
Guangdong Guanghong Holdings Co Ltd SHE:000529	$483.52 Million
Bowman Consulting Group Ltd NASDAQ:BWMN	$483.57 Million
Yantai Zhenghai Bio-Tech Co Ltd SHE:300653	$483.33 Million
ACNB Corporation NASDAQ:ACNB	$483.21 Million
Shandong Meichen Science & Technology Co Ltd SHE:300237	$483.18 Million
Shenzhen Huakong Seg Co Ltd SHE:000068	$483.17 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 75,903,907,150 to 101,407,477,060, a change of 25,503,569,910 (33.6%).
Net income of 18,115,776,140 contributed positively to equity growth.
Dividend payments of 4,856,729,000 reduced retained earnings.
Other factors increased equity by 12,244,522,770.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩18.12 Billion	+17.86%
Dividends Paid	₩4.86 Billion	-4.79%
Other Changes	₩12.24 Billion	+12.07%
Total Change	₩-	33.60%

Book Value vs Market Value Analysis

This analysis compares MiCo 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: 7.03x
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 10.34x to 7.03x 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	₩2189.47	₩22650.00	x
2017-12-31	₩2070.15	₩22650.00	x
2018-12-31	₩2766.42	₩22650.00	x
2019-12-31	₩3005.44	₩22650.00	x
2020-12-31	₩3706.50	₩22650.00	x
2021-12-31	₩5972.62	₩22650.00	x
2022-12-31	₩4502.53	₩22650.00	x
2023-12-31	₩2409.95	₩22650.00	x
2024-12-31	₩3219.68	₩22650.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently MiCo 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): 17.86%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.35%
• Asset Turnover: 0.39x
• Equity Multiplier: 13.73x
Recent ROE (17.86%) is above the historical average (2.07%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	7.88%	5.22%	0.78x	1.94x	₩-1.02 Billion
2006	3.38%	1.52%	0.75x	2.96x	₩-2.78 Billion
2010	22.59%	11.87%	0.77x	2.47x	₩6.54 Billion
2012	7.13%	2.71%	0.84x	3.14x	₩-1.42 Billion
2014	-0.02%	-0.01%	0.89x	3.20x	₩-4.79 Billion
2015	4.62%	1.94%	0.76x	3.13x	₩-2.74 Billion
2016	2.20%	0.94%	0.84x	2.77x	₩-4.70 Billion
2017	14.34%	4.97%	0.91x	3.17x	₩2.76 Billion
2018	16.32%	6.11%	0.68x	3.90x	₩5.39 Billion
2019	8.60%	3.37%	0.58x	4.38x	₩-1.29 Billion
2020	10.34%	4.13%	0.54x	4.62x	₩379.44 Million
2021	-9.36%	-4.88%	0.51x	3.77x	₩-36.89 Billion
2022	-38.95%	-13.31%	0.57x	5.16x	₩-69.41 Billion
2023	-35.91%	-7.14%	0.46x	10.99x	₩-34.85 Billion
2024	17.86%	3.35%	0.39x	13.73x	₩7.98 Billion

Industry Comparison

This section compares MiCo Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.

Industry Context

Industry: Semiconductor Equipment & Materials
Average net assets among peers: $147,111,617,039
Average return on equity (ROE) among peers: 1.24%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
MiCo Ltd (059090)	₩535.59 Billion	7.88%	2.09x	$483.45 Million
D I Corp (003160)	$161.25 Billion	1.96%	0.74x	$586.24 Million
Samick Thk (004380)	$150.49 Billion	11.83%	0.46x	$139.72 Million
PSMC CO. Ltd (024850)	$64.44 Billion	4.30%	1.04x	$451.89 Million
Mirae Corporation (025560)	$84.64 Billion	8.85%	0.39x	$46.76 Million
KC Co. Ltd (029460)	$96.37 Billion	13.32%	0.43x	$294.96 Million
MK Electron Co. Ltd (033160)	$250.27 Billion	13.09%	4.33x	$395.23 Million
Signetics Corporation (033170)	$147.33 Billion	-4.23%	0.36x	$50.89 Million
Nepes Corporation (033640)	$110.15 Billion	-56.50%	5.45x	$500.06 Million
EO Technics Co. Ltd (039030)	$373.95 Billion	5.84%	0.15x	$3.91 Billion
STI Co. Ltd (039440)	$32.22 Billion	13.97%	0.83x	$373.52 Million

About MiCo Ltd

KQ:059090 Korea Semiconductor Equipment & Materials

Market Cap

$483.45 Million

₩713.39 Billion KRW

Market Cap Rank

#12708 Global

#409 in Korea

Share Price

₩22650.00

Change (1 day)

+5.10%

52-Week Range

₩10950.00 - ₩24050.00

All Time High

₩24050.00