Rorze Systems Corporation
Rorze Systems Corporation engages in developing and supplying equipment for semiconductor and display industry in South Korea. The company offers FPD and semiconductor logistics; glass cutting system, mobile robot, EFEM, index, sorter, stocker, and module products; laser and wheel cutting equipment; and ink printing system. It also provides LoadPort, atmospheric and vacuum wafer robots, aligners,… Read more
Rorze Systems Corporation (071280) - Net Assets
Latest net assets as of September 2025: ₩131.24 Billion KRW
Based on the latest financial reports, Rorze Systems Corporation (071280) has net assets worth ₩131.24 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 (₩156.68 Billion) and total liabilities (₩25.44 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 | ₩131.24 Billion |
| % of Total Assets | 83.76% |
| Annual Growth Rate | 9.03% |
| 5-Year Change | 66.53% |
| 10-Year Change | 180.82% |
| Growth Volatility | 12.58 |
Rorze Systems Corporation - Net Assets Trend (2009–2024)
This chart illustrates how Rorze Systems Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rorze Systems Corporation (2009–2024)
The table below shows the annual net assets of Rorze Systems Corporation from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩122.25 Billion | +9.51% |
| 2023-12-31 | ₩111.63 Billion | +6.86% |
| 2022-12-31 | ₩104.46 Billion | +25.01% |
| 2021-12-31 | ₩83.57 Billion | +13.84% |
| 2020-12-31 | ₩73.41 Billion | +12.29% |
| 2019-12-31 | ₩65.37 Billion | +1.24% |
| 2018-12-31 | ₩64.57 Billion | -4.05% |
| 2017-12-31 | ₩67.30 Billion | +39.10% |
| 2016-12-31 | ₩48.38 Billion | +11.14% |
| 2015-12-31 | ₩43.53 Billion | +30.20% |
| 2009-12-31 | ₩33.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rorze Systems Corporation'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 500.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩95.48 Billion | 78.10% |
| Common Stock | ₩7.65 Billion | 6.26% |
| Other Components | ₩19.12 Billion | 15.64% |
| Total Equity | ₩122.25 Billion | 100.00% |
Rorze Systems Corporation Competitors by Market Cap
The table below lists competitors of Rorze Systems Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Soken Chemical & Engineering Co. Ltd
MU:SOQ
|
$48.50 Million |
|
Melhus Sparebank
OL:MELG
|
$48.50 Million |
|
MedPeerInc
PINK:MDPEF
|
$48.50 Million |
|
Jyong Biotech Ltd. Ordinary Shares
NASDAQ:MENS
|
$48.51 Million |
|
Blau Farmacêutica S.A
SA:BLAU3
|
$48.45 Million |
|
Zeotech Ltd
AU:ZEO
|
$48.41 Million |
|
Burcelik Bursa Celik Dokum Sanayi AS
IS:BURCE
|
$48.39 Million |
|
HMS Bergbau AG
XETRA:HMU
|
$48.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rorze Systems Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 111,629,594,570 to 122,250,566,790, a change of 10,620,972,220 (9.5%).
- Net income of 12,113,375,810 contributed positively to equity growth.
- Dividend payments of 745,803,450 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩12.11 Billion | +9.91% |
| Dividends Paid | ₩745.80 Million | -0.61% |
| Other Changes | ₩-746.60 Million | -0.61% |
| Total Change | ₩- | 9.51% |
Book Value vs Market Value Analysis
This analysis compares Rorze Systems Corporation'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: 1.05x
- 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 2.36x to 1.05x 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 | ₩3648.84 | ₩8610.00 | x |
| 2017-12-31 | ₩4422.72 | ₩8610.00 | x |
| 2018-12-31 | ₩4328.90 | ₩8610.00 | x |
| 2019-12-31 | ₩4382.63 | ₩8610.00 | x |
| 2020-12-31 | ₩4921.47 | ₩8610.00 | x |
| 2021-12-31 | ₩5602.50 | ₩8610.00 | x |
| 2022-12-31 | ₩7003.42 | ₩8610.00 | x |
| 2023-12-31 | ₩7483.85 | ₩8610.00 | x |
| 2024-12-31 | ₩8195.90 | ₩8610.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rorze Systems Corporation 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): 9.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.57%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.29x
- Recent ROE (9.91%) is above the historical average (6.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -8.77% | -28.07% | 0.25x | 1.25x | ₩-6.27 Billion |
| 2010 | 8.48% | 4.75% | 0.00x | 0.00x | ₩-554.33 Million |
| 2015 | 3.97% | 2.31% | 1.32x | 1.30x | ₩-2.63 Billion |
| 2016 | 8.38% | 4.10% | 1.12x | 1.83x | ₩-781.87 Million |
| 2017 | 4.93% | 0.98% | 3.96x | 1.26x | ₩-3.41 Billion |
| 2018 | -2.10% | -1.84% | 0.78x | 1.46x | ₩-7.82 Billion |
| 2019 | 1.83% | 1.50% | 0.66x | 1.84x | ₩-5.34 Billion |
| 2020 | 11.42% | 4.65% | 1.52x | 1.61x | ₩1.04 Billion |
| 2021 | 11.32% | 8.58% | 0.89x | 1.48x | ₩1.10 Billion |
| 2022 | 19.39% | 14.01% | 1.08x | 1.28x | ₩9.80 Billion |
| 2023 | 7.94% | 8.42% | 0.77x | 1.23x | ₩-2.30 Billion |
| 2024 | 9.91% | 7.57% | 1.02x | 1.29x | ₩-111.68 Million |
Industry Comparison
This section compares Rorze Systems Corporation's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $128,266,771,899
- Average return on equity (ROE) among peers: -0.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rorze Systems Corporation (071280) | ₩131.24 Billion | -8.77% | 0.19x | $48.46 Million |
| D I Corp (003160) | $167.74 Billion | 0.65% | 0.91x | $431.82 Million |
| Samick Thk (004380) | $79.31 Billion | 5.11% | 0.99x | $42.11 Million |
| PSMC CO. Ltd (024850) | $22.26 Billion | -14.70% | 0.84x | $196.26 Million |
| Mirae Corporation (025560) | $38.02 Billion | 0.00% | 1.53x | $27.97 Million |
| MK Electron Co. Ltd (033160) | $352.21 Billion | 7.86% | 4.63x | $116.29 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $27.88 Million |
| Nepes Corporation (033640) | $120.68 Billion | 0.00% | 0.99x | $198.76 Million |
| EO Technics Co. Ltd (039030) | $163.17 Billion | 20.30% | 0.48x | $2.23 Billion |
| Hanmi Semicon (042700) | $127.29 Billion | 5.51% | 0.44x | $8.58 Billion |
| Gigalane Co Ltd (049080) | $64.66 Billion | -20.68% | 1.35x | $19.35 Million |