System and Application Technologies Co. Ltd Net Assets
System and Application Technologies Co. Ltd net assets. Based on the latest financial reports, System and Application Technologies Co. Ltd (060540) has net assets worth ₩99.61 Billion KRW (≈ $67.50 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 (₩160.43 Billion ≈ $108.72 Million USD) and total liabilities (₩60.83 Billion ≈ $41.22 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. Also explore net asset growth rate of System and Application Technologies Co. to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩99.61 Billion |
| % of Total Assets | 62.09% |
| Annual Growth Rate | 8.52% |
| 5-Year Change | 18.79% |
| 10-Year Change | 87.91% |
| Growth Volatility | 9.12 |
Net Assets of System and Application Technologies Co. Ltd (2007–2024)
Net assets of System and Application Technologies Co. Ltd from 2007 to 2024. This chart illustrates how System and Application Technologies Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 060540 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for System and Application Technologies Co. Ltd (2007–2024)
The table below shows the annual net assets of System and Application Technologies Co. Ltd from 2007 to 2024. For live market cap and overall valuation, see System and Application Technologies Co. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩102.46 Billion ≈ $69.44 Million |
-0.25% |
| 2023-12-31 | ₩102.72 Billion ≈ $69.61 Million |
+2.52% |
| 2022-12-31 | ₩100.19 Billion ≈ $67.90 Million |
+9.19% |
| 2021-12-31 | ₩91.76 Billion ≈ $62.18 Million |
+6.38% |
| 2020-12-31 | ₩86.26 Billion ≈ $58.46 Million |
+2.17% |
| 2019-12-31 | ₩84.43 Billion ≈ $57.21 Million |
+9.98% |
| 2018-12-31 | ₩76.76 Billion ≈ $52.02 Million |
+8.97% |
| 2017-12-31 | ₩70.44 Billion ≈ $47.74 Million |
+9.48% |
| 2016-12-31 | ₩64.34 Billion ≈ $43.60 Million |
+18.00% |
| 2015-12-31 | ₩54.53 Billion ≈ $36.95 Million |
+18.59% |
| 2014-12-31 | ₩45.98 Billion ≈ $31.16 Million |
+29.17% |
| 2013-12-31 | ₩35.60 Billion ≈ $24.12 Million |
-3.94% |
| 2012-12-31 | ₩37.05 Billion ≈ $25.11 Million |
+25.20% |
| 2011-12-31 | ₩29.60 Billion ≈ $20.06 Million |
+11.54% |
| 2010-12-31 | ₩26.53 Billion ≈ $17.98 Million |
+6.50% |
| 2009-12-31 | ₩24.91 Billion ≈ $16.88 Million |
-1.72% |
| 2008-12-31 | ₩25.35 Billion ≈ $17.18 Million |
-0.71% |
| 2007-12-31 | ₩25.53 Billion ≈ $17.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to System and Application Technologies 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 5476894319000.0% over the analyzed period, indicating profitable operations and earnings retention.
System and Application Technologies Co. Ltd Net Assets Breakdown (December 2024)
System and Application Technologies Co. Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩54.77 Billion | 53.45% |
| Common Stock | ₩13.07 Billion | 12.75% |
| Other Components | ₩34.63 Billion | 33.80% |
| Total Equity | ₩102.46 Billion | 100.00% |
System and Application Technologies Co. Ltd Competitors by Market Cap
The table below lists competitors of System and Application Technologies Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TMD Energy Limited
NYSE MKT:TMDE
|
$20.34 Million |
|
Hamama
TA:HMAM
|
$20.35 Million |
|
JPEL Private Equity Ltd
LSE:JPEL
|
$20.35 Million |
|
Bankers Investment Trust
LSE:BNKR
|
$20.36 Million |
|
Environmental Group Ltd (the)
AU:EGL
|
$20.33 Million |
|
Orion Digital Corp.
NASDAQ:ORIO
|
$20.32 Million |
|
Lancashire Holdings Ltd
LSE:LRE
|
$20.32 Million |
|
Sidma S.A. Steel Products
AT:SIDMA
|
$20.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in System and Application Technologies Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 100,122,100,520 to 102,463,956,190, a change of 2,341,855,670 (2.3%).
- Net income of 2,526,771,020 contributed positively to equity growth.
- Dividend payments of 1,306,168,000 reduced retained earnings.
- Other factors increased equity by 1,121,252,650.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.53 Billion | +2.47% |
| Dividends Paid | ₩1.31 Billion | -1.27% |
| Other Changes | ₩1.12 Billion | +1.09% |
| Total Change | ₩- | 2.34% |
Book Value vs Market Value Analysis
This analysis compares System and Application Technologies 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: 0.29x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.45x to 0.29x 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 | ₩2573.91 | ₩1148.00 | x |
| 2017-12-31 | ₩2817.85 | ₩1148.00 | x |
| 2018-12-31 | ₩2937.38 | ₩1148.00 | x |
| 2019-12-31 | ₩3230.61 | ₩1148.00 | x |
| 2020-12-31 | ₩3300.76 | ₩1148.00 | x |
| 2021-12-31 | ₩3511.30 | ₩1148.00 | x |
| 2022-12-31 | ₩3834.02 | ₩1148.00 | x |
| 2023-12-31 | ₩3831.26 | ₩1148.00 | x |
| 2024-12-31 | ₩3920.88 | ₩1148.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently System and Application Technologies 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): 2.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.63%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.61x
- Recent ROE (2.47%) is below the historical average (7.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 14.69% | 32.81% | 0.32x | 1.41x | ₩1.74 Billion |
| 2014 | 4.24% | 11.20% | 0.26x | 1.43x | ₩-2.55 Billion |
| 2015 | 10.13% | 13.69% | 0.45x | 1.63x | ₩68.05 Million |
| 2016 | 6.09% | 4.63% | 0.91x | 1.45x | ₩-2.52 Billion |
| 2017 | 9.46% | 6.85% | 0.79x | 1.76x | ₩-376.90 Million |
| 2018 | 8.18% | 4.69% | 1.09x | 1.60x | ₩-1.40 Billion |
| 2019 | 10.98% | 6.61% | 1.04x | 1.60x | ₩827.78 Million |
| 2020 | 4.44% | 3.06% | 0.99x | 1.47x | ₩-4.79 Billion |
| 2021 | 7.20% | 4.05% | 1.08x | 1.65x | ₩-2.57 Billion |
| 2022 | 9.12% | 5.24% | 1.03x | 1.68x | ₩-877.81 Million |
| 2023 | 1.62% | 1.07% | 0.92x | 1.66x | ₩-8.39 Billion |
| 2024 | 2.47% | 1.63% | 0.94x | 1.61x | ₩-7.72 Billion |
Industry Comparison
This section compares System and Application Technologies Co. Ltd's net assets metrics with peer companies in the Communications & Networking industry.
Industry Context
- Industry: Communications & Networking
- Average net assets among peers: $80,578,934,280
- Average return on equity (ROE) among peers: 0.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| System and Application Technologies Co. Ltd (060540) | ₩99.61 Billion | 14.69% | 0.61x | $20.33 Million |
| Eyesvision Corp (031310) | $60.20 Billion | 0.00% | 0.82x | $8.51 Million |
| BG T&A Co (046310) | $34.20 Billion | 8.46% | 1.18x | $24.75 Million |
| SOLiD Inc (050890) | $111.09 Billion | -10.38% | 1.53x | $279.17 Million |
| Homecast Co.Ltd (064240) | $100.08 Billion | 7.82% | 0.23x | $32.90 Million |
| CS Corporation (065770) | $45.90 Billion | 10.55% | 0.87x | $8.81 Million |
| ECSTELECOM Co. Ltd (067010) | $43.78 Billion | 4.30% | 0.36x | $11.06 Million |
| Innowireless Co. Ltd (073490) | $67.19 Billion | -14.61% | 0.22x | $102.92 Million |
| Frtek Co.Ltd (073540) | $31.26 Billion | -5.42% | 0.92x | $17.26 Million |
| Ubiquoss Holdings Inc (078070) | $231.51 Billion | 6.30% | 0.58x | $83.97 Million |
About System and Application Technologies Co. Ltd
System and Application Technologies Co., Ltd engages in the transportation management system, mobile system, and wireless communication system businesses. It offers high and low speed weigh in motion systems; portable scale, which measures a wheel load of vehicle; and weightbridge, a system to measure the axle weight or gross weight of vehicles. The company also provides automatic vehicle classif… Read more