NEXTCHIP Co. Ltd
NC& Co.,Ltd produces and sells semiconductors for the video security industry in South Korea. The company offers image signal processors, AHD and SoC products, and advanced driver assist systems. Its products are used in business, security, automotive, and consumer applications. The company was formerly known as NEXTCHIP Co., Ltd. and changed its name to NC& Co.,Ltd in January 2019. NC& Co.,Ltd w… Read more
NEXTCHIP Co. Ltd (092600) - Net Assets
Latest net assets as of September 2025: ₩8.88 Billion KRW
Based on the latest financial reports, NEXTCHIP Co. Ltd (092600) has net assets worth ₩8.88 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 (₩72.44 Billion) and total liabilities (₩63.56 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 | ₩8.88 Billion |
| % of Total Assets | 12.26% |
| Annual Growth Rate | -10.49% |
| 5-Year Change | -33.51% |
| 10-Year Change | -67.68% |
| Growth Volatility | 45.98 |
NEXTCHIP Co. Ltd - Net Assets Trend (2012–2024)
This chart illustrates how NEXTCHIP Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NEXTCHIP Co. Ltd (2012–2024)
The table below shows the annual net assets of NEXTCHIP Co. Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩17.88 Billion | -67.52% |
| 2023-12-31 | ₩55.06 Billion | -0.56% |
| 2022-12-31 | ₩55.37 Billion | -9.63% |
| 2021-12-31 | ₩61.27 Billion | +127.77% |
| 2020-12-31 | ₩26.90 Billion | -36.69% |
| 2019-12-31 | ₩42.49 Billion | +28.20% |
| 2018-12-31 | ₩33.14 Billion | -30.30% |
| 2017-12-31 | ₩47.55 Billion | -14.61% |
| 2016-12-31 | ₩55.69 Billion | +0.63% |
| 2015-12-31 | ₩55.34 Billion | +18.05% |
| 2014-12-31 | ₩46.88 Billion | -3.34% |
| 2013-12-31 | ₩48.50 Billion | -28.30% |
| 2012-12-31 | ₩67.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NEXTCHIP 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 decreased by 7648928400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩12.54 Billion | 70.13% |
| Other Components | ₩81.83 Billion | 457.56% |
| Total Equity | ₩17.88 Billion | 100.00% |
NEXTCHIP Co. Ltd Competitors by Market Cap
The table below lists competitors of NEXTCHIP Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Red Light Holland Corp
OTCQB:TRUFF
|
$7.16 Million |
|
Geohan Corporation Berhad
KLSE:5345
|
$7.16 Million |
|
In8bio Inc
NASDAQ:INAB
|
$7.17 Million |
|
Sin Heng Chan (Malaya) Bhd
KLSE:4316
|
$7.17 Million |
|
Ornsirin Holding Public
BK:ORN
|
$7.16 Million |
|
Xintela AB
ST:XINT
|
$7.16 Million |
|
Dogan Burda Dergi Yayincilik ve Pazarlama AS
IS:DOBUR
|
$7.15 Million |
|
Kantone Holdings Limited
PINK:KTHGF
|
$7.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEXTCHIP Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,012,713,130 to 17,884,404,940, a change of -19,128,308,190 (-51.7%).
- Net loss of 18,690,592,260 reduced equity.
- Share repurchases of 250,577,050 reduced equity.
- New share issuances of 1,166,733,400 increased equity.
- Other factors decreased equity by 1,353,872,280.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-18.69 Billion | -104.51% |
| Share Repurchases | ₩250.58 Million | -1.4% |
| Share Issuances | ₩1.17 Billion | +6.52% |
| Other Changes | ₩-1.35 Billion | -7.57% |
| Total Change | ₩- | -51.68% |
Book Value vs Market Value Analysis
This analysis compares NEXTCHIP 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: 0.87x
- 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 increased from 0.19x to 0.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩3386.15 | ₩635.00 | x |
| 2017-12-31 | ₩2901.93 | ₩635.00 | x |
| 2018-12-31 | ₩1995.05 | ₩635.00 | x |
| 2019-12-31 | ₩2028.33 | ₩635.00 | x |
| 2020-12-31 | ₩1284.05 | ₩635.00 | x |
| 2021-12-31 | ₩2584.04 | ₩635.00 | x |
| 2022-12-31 | ₩2260.91 | ₩635.00 | x |
| 2023-12-31 | ₩1511.38 | ₩635.00 | x |
| 2024-12-31 | ₩730.29 | ₩635.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEXTCHIP 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): -104.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.84%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 5.55x
- Recent ROE (-104.51%) is below the historical average (-28.32%), 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 | 4.72% | 6.01% | 0.68x | 1.15x | ₩-3.57 Billion |
| 2014 | -4.07% | -5.32% | 0.64x | 1.20x | ₩-6.59 Billion |
| 2015 | 15.31% | 13.41% | 0.94x | 1.22x | ₩2.94 Billion |
| 2016 | 2.02% | 1.76% | 0.98x | 1.17x | ₩-4.44 Billion |
| 2017 | -17.42% | -15.51% | 0.88x | 1.27x | ₩-13.04 Billion |
| 2018 | -44.65% | -25.17% | 1.08x | 1.64x | ₩-18.11 Billion |
| 2019 | -13.92% | -7.54% | 1.10x | 1.68x | ₩-10.16 Billion |
| 2020 | -59.22% | -18.14% | 0.89x | 3.67x | ₩-18.62 Billion |
| 2021 | -29.16% | -15.58% | 1.03x | 1.82x | ₩-23.99 Billion |
| 2022 | -39.79% | -23.79% | 0.81x | 2.07x | ₩-27.57 Billion |
| 2023 | -49.15% | -29.49% | 0.49x | 3.41x | ₩-21.89 Billion |
| 2024 | -104.51% | -20.84% | 0.90x | 5.55x | ₩-20.48 Billion |
Industry Comparison
This section compares NEXTCHIP Co. Ltd's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $97,387,989,500
- Average return on equity (ROE) among peers: 5.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEXTCHIP Co. Ltd (092600) | ₩8.88 Billion | 4.72% | 7.15x | $7.16 Million |
| Fidelix Co. Ltd (032580) | $47.55 Billion | -4.64% | 0.19x | $8.98 Million |
| Cloud Air Co.Ltd (036170) | $123.98 Billion | 4.45% | 0.01x | $66.69 Million |
| UNISEM Co. Ltd (036200) | $199.44 Billion | 9.82% | 0.18x | $135.48 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $114.13 Billion | 6.75% | 1.70x | $1.42 Billion |
| Lumens Co. Ltd (038060) | $97.80 Billion | 4.10% | 0.50x | $20.25 Million |
| meerecompany Incorporated (049950) | $112.91 Billion | 10.59% | 0.18x | $52.60 Million |
| I&C Technology Co. Ltd (052860) | $44.51 Billion | -0.67% | 0.51x | $23.89 Million |
| KMH Hitech Co. Ltd (052900) | $6.44 Billion | 0.00% | 9.67x | $17.04 Million |
| 3S KOREA Co. Ltd (060310) | $42.99 Billion | 0.00% | 0.66x | $38.66 Million |
| Tokai Carbon Korea Co. Ltd (064760) | $184.14 Billion | 25.45% | 0.16x | $761.70 Million |