Seoul Auction Co. Ltd (063170) - Net Assets
Based on the latest financial reports, Seoul Auction Co. Ltd (063170) has net assets worth ₩100.82 Billion KRW (≈ $68.32 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 (₩218.89 Billion ≈ $148.34 Million USD) and total liabilities (₩118.07 Billion ≈ $80.01 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 063170 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩100.82 Billion |
| % of Total Assets | 46.06% |
| Annual Growth Rate | 6.06% |
| 5-Year Change | 65.06% |
| 10-Year Change | 60.01% |
| Growth Volatility | 15.34 |
Seoul Auction Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Seoul Auction Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 063170 asset base for the complete picture of this company's asset base.
Annual Net Assets for Seoul Auction Co. Ltd (2011–2024)
The table below shows the annual net assets of Seoul Auction Co. Ltd from 2011 to 2024. For live valuation and market cap data, see 063170 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩107.68 Billion ≈ $72.97 Million |
-7.78% |
| 2023-12-31 | ₩116.76 Billion ≈ $79.13 Million |
-5.96% |
| 2022-12-31 | ₩124.17 Billion ≈ $84.15 Million |
+42.41% |
| 2021-12-31 | ₩87.19 Billion ≈ $59.09 Million |
+33.65% |
| 2020-12-31 | ₩65.24 Billion ≈ $44.21 Million |
-4.84% |
| 2019-12-31 | ₩68.55 Billion ≈ $46.46 Million |
-9.63% |
| 2018-12-31 | ₩75.86 Billion ≈ $51.41 Million |
+7.77% |
| 2017-12-31 | ₩70.39 Billion ≈ $47.70 Million |
-1.59% |
| 2016-12-31 | ₩71.53 Billion ≈ $48.47 Million |
+6.29% |
| 2015-12-31 | ₩67.30 Billion ≈ $45.61 Million |
+20.52% |
| 2014-12-31 | ₩55.84 Billion ≈ $37.84 Million |
+4.65% |
| 2013-12-31 | ₩53.36 Billion ≈ $36.16 Million |
+2.54% |
| 2012-12-31 | ₩52.04 Billion ≈ $35.27 Million |
+3.83% |
| 2011-12-31 | ₩50.12 Billion ≈ $33.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Seoul Auction 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 197877.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩23.05 Billion | 21.41% |
| Common Stock | ₩8.89 Billion | 8.25% |
| Other Components | ₩75.74 Billion | 70.34% |
| Total Equity | ₩107.68 Billion | 100.00% |
Seoul Auction Co. Ltd Competitors by Market Cap
The table below lists competitors of Seoul Auction Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS
IS:BRLSM
|
$74.95 Million |
|
Suominen Oyj
HE:SUY1V
|
$74.97 Million |
|
Tuniu Corporation
F:0TUA
|
$75.01 Million |
|
Fortress Biotech Inc
NASDAQ:FBIO
|
$75.03 Million |
|
MPH Health Care AG
F:93M1
|
$74.92 Million |
|
Kamux Suomi Oy
HE:KAMUX
|
$74.92 Million |
|
Kedoya Adyaraya Tbk PT
JK:RSGK
|
$74.90 Million |
|
Brixton Metals Corporation
V:BBB
|
$74.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seoul Auction Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 116,763,183,070 to 107,677,116,210, a change of -9,086,066,860 (-7.8%).
- Net loss of 9,469,037,390 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-9.47 Billion | -8.79% |
| Other Changes | ₩382.97 Million | +0.36% |
| Total Change | ₩- | -7.78% |
Book Value vs Market Value Analysis
This analysis compares Seoul Auction 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: 1.08x
- 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 1.54x to 1.08x 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 | ₩4479.76 | ₩6880.00 | x |
| 2017-12-31 | ₩4460.59 | ₩6880.00 | x |
| 2018-12-31 | ₩4807.27 | ₩6880.00 | x |
| 2019-12-31 | ₩4344.23 | ₩6880.00 | x |
| 2020-12-31 | ₩4134.07 | ₩6880.00 | x |
| 2021-12-31 | ₩5456.04 | ₩6880.00 | x |
| 2022-12-31 | ₩7374.61 | ₩6880.00 | x |
| 2023-12-31 | ₩6934.91 | ₩6880.00 | x |
| 2024-12-31 | ₩6395.26 | ₩6880.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seoul Auction 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): -8.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.97%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.97x
- Recent ROE (-8.79%) is below the historical average (3.76%), 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 | 4.06% | 10.90% | 0.28x | 1.32x | ₩-3.09 Billion |
| 2013 | 4.02% | 14.43% | 0.21x | 1.32x | ₩-3.19 Billion |
| 2014 | 6.42% | 15.08% | 0.29x | 1.46x | ₩-2.00 Billion |
| 2015 | 19.21% | 23.61% | 0.44x | 1.87x | ₩6.20 Billion |
| 2016 | 8.59% | 12.09% | 0.39x | 1.84x | ₩-1.01 Billion |
| 2017 | 4.43% | 5.75% | 0.35x | 2.19x | ₩-3.92 Billion |
| 2018 | 9.64% | 11.79% | 0.30x | 2.71x | ₩-272.75 Million |
| 2019 | -9.74% | -14.81% | 0.26x | 2.52x | ₩-13.53 Billion |
| 2020 | -4.16% | -9.41% | 0.19x | 2.27x | ₩-9.24 Billion |
| 2021 | 18.40% | 20.30% | 0.46x | 1.99x | ₩7.33 Billion |
| 2022 | 3.66% | 8.24% | 0.28x | 1.57x | ₩-7.87 Billion |
| 2023 | -6.82% | -17.72% | 0.23x | 1.68x | ₩-19.65 Billion |
| 2024 | -8.79% | -45.97% | 0.10x | 1.97x | ₩-20.24 Billion |
Industry Comparison
This section compares Seoul Auction Co. Ltd's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $86,509,074,709
- Average return on equity (ROE) among peers: -2.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seoul Auction Co. Ltd (063170) | ₩100.82 Billion | 4.06% | 1.17x | $74.93 Million |
| Daishin Information & Communications Co.Ltd (020180) | $28.59 Billion | -0.17% | 1.98x | $32.06 Million |
| PLAYWITH Inc (023770) | $18.06 Billion | 50.26% | 5.79x | $7.73 Million |
| Hancom Inc (030520) | $315.69 Billion | 14.81% | 1.20x | $300.10 Million |
| UBcare. Co. Ltd (032620) | $99.22 Billion | -1.60% | 0.61x | $140.04 Million |
| Softcen Co. Ltd (032680) | $50.38 Billion | 0.00% | 0.19x | $5.97 Million |
| InfoBank Corporation (039290) | $52.41 Billion | 1.60% | 0.39x | $26.52 Million |
| Korea Business News Co. Ltd (039340) | $168.04 Billion | 8.22% | 0.16x | $72.70 Million |
| CUROCOM Co. Ltd (040350) | $52.85 Billion | -20.57% | 0.57x | $54.20 Million |
| Polaris Office Corp (041020) | $74.87 Billion | 3.60% | 0.20x | $125.79 Million |
| Total Soft Bank Ltd (045340) | $4.99 Billion | -77.23% | 1.09x | $38.66 Million |
About Seoul Auction Co. Ltd
Seoul Auction Co. Ltd. operates as an art auctioneer in South Korea. It offers art consulting and storage, donation, and space rental services, as well as art collateral loans. Seoul Auction Co., Ltd. was founded in 1998 and is headquartered in Seoul, South Korea.