Exicon Co. Ltd (092870) - Net Assets
Based on the latest financial reports, Exicon Co. Ltd (092870) has net assets worth ₩171.83 Billion KRW (≈ $116.45 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 (₩206.98 Billion ≈ $140.27 Million USD) and total liabilities (₩35.14 Billion ≈ $23.82 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 092870 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩171.83 Billion |
| % of Total Assets | 83.02% |
| Annual Growth Rate | 16.15% |
| 5-Year Change | 80.39% |
| 10-Year Change | 169.71% |
| Growth Volatility | 20.29 |
Exicon Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Exicon Co. Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Exicon Co. Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Exicon Co. Ltd (2014–2024)
The table below shows the annual net assets of Exicon Co. Ltd from 2014 to 2024. For live valuation and market cap data, see how much is Exicon Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩176.82 Billion ≈ $119.83 Million |
+21.14% |
| 2023-12-31 | ₩145.96 Billion ≈ $98.91 Million |
+0.81% |
| 2022-12-31 | ₩144.79 Billion ≈ $98.12 Million |
+9.24% |
| 2021-12-31 | ₩132.54 Billion ≈ $89.82 Million |
+35.21% |
| 2020-12-31 | ₩98.02 Billion ≈ $66.43 Million |
+31.13% |
| 2019-12-31 | ₩74.75 Billion ≈ $50.66 Million |
-7.04% |
| 2018-12-31 | ₩80.41 Billion ≈ $54.50 Million |
+6.81% |
| 2017-12-31 | ₩75.28 Billion ≈ $51.02 Million |
+7.53% |
| 2016-12-31 | ₩70.01 Billion ≈ $47.44 Million |
+6.79% |
| 2015-12-31 | ₩65.56 Billion ≈ $44.43 Million |
+65.76% |
| 2014-12-31 | ₩39.55 Billion ≈ $26.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Exicon 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 241.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩105.50 Billion | 59.67% |
| Other Components | ₩71.31 Billion | 40.33% |
| Total Equity | ₩176.82 Billion | 100.00% |
Exicon Co. Ltd Competitors by Market Cap
The table below lists competitors of Exicon Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LBS Bina Group Bhd
KLSE:5789
|
$159.58 Million |
|
Bogazici Beton Sanayi ve Ticaret AS
IS:BOBET
|
$159.58 Million |
|
Daedong Ind
KO:000490
|
$159.63 Million |
|
Michman Basad Ltd
TA:MCMN
|
$159.67 Million |
|
Userjoy Technology Co Ltd
TWO:3546
|
$159.41 Million |
|
Niu Technologies
F:0O9
|
$159.39 Million |
|
Nordfyns Bank A/S
CO:NRDF
|
$159.36 Million |
|
Mobase Electronics Co.Ltd
KQ:012860
|
$159.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Exicon Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 145,957,832,630 to 176,817,320,380, a change of 30,859,487,750 (21.1%).
- Net loss of 1,358,809,270 reduced equity.
- Dividend payments of 1,030,040,900 reduced retained earnings.
- Share repurchases of 32,942,067,220 reduced equity.
- New share issuances of 32,942,067,220 increased equity.
- Other factors increased equity by 33,248,337,920.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.36 Billion | -0.77% |
| Dividends Paid | ₩1.03 Billion | -0.58% |
| Share Repurchases | ₩32.94 Billion | -18.63% |
| Share Issuances | ₩32.94 Billion | +18.63% |
| Other Changes | ₩33.25 Billion | +18.8% |
| Total Change | ₩- | 21.14% |
Book Value vs Market Value Analysis
This analysis compares Exicon 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: 1.87x
- 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 3.40x to 1.87x 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 | ₩7802.78 | ₩26500.00 | x |
| 2017-12-31 | ₩8562.68 | ₩26500.00 | x |
| 2018-12-31 | ₩9136.75 | ₩26500.00 | x |
| 2019-12-31 | ₩8522.72 | ₩26500.00 | x |
| 2020-12-31 | ₩9614.78 | ₩26500.00 | x |
| 2021-12-31 | ₩12928.77 | ₩26500.00 | x |
| 2022-12-31 | ₩13911.75 | ₩26500.00 | x |
| 2023-12-31 | ₩14170.10 | ₩26500.00 | x |
| 2024-12-31 | ₩14142.66 | ₩26500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Exicon 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): -0.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.30%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.08x
- Recent ROE (-0.77%) is below the historical average (8.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 15.25% | 15.86% | 0.57x | 1.70x | ₩2.08 Billion |
| 2015 | 9.63% | 11.93% | 0.59x | 1.37x | ₩-240.26 Million |
| 2016 | 7.37% | 11.44% | 0.48x | 1.35x | ₩-1.84 Billion |
| 2017 | 10.85% | 12.15% | 0.74x | 1.21x | ₩638.52 Million |
| 2018 | 4.55% | 6.49% | 0.52x | 1.34x | ₩-4.38 Billion |
| 2019 | -7.08% | -13.83% | 0.37x | 1.39x | ₩-12.76 Billion |
| 2020 | 12.40% | 18.02% | 0.57x | 1.20x | ₩2.35 Billion |
| 2021 | 25.67% | 51.41% | 0.43x | 1.16x | ₩20.77 Billion |
| 2022 | 10.51% | 16.69% | 0.54x | 1.17x | ₩732.86 Million |
| 2023 | 3.35% | 5.94% | 0.50x | 1.14x | ₩-9.71 Billion |
| 2024 | -0.77% | -4.30% | 0.17x | 1.08x | ₩-19.04 Billion |
Industry Comparison
This section compares Exicon 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: $110,634,990,420
- Average return on equity (ROE) among peers: 8.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Exicon Co. Ltd (092870) | ₩171.83 Billion | 15.25% | 0.20x | $159.54 Million |
| PSK HOLDINGS Inc (031980) | $169.92 Billion | 6.34% | 0.17x | $455.82 Million |
| Fidelix Co. Ltd (032580) | $49.96 Billion | 2.13% | 0.15x | $80.81 Million |
| Cloud Air Co.Ltd (036170) | $134.94 Billion | 8.09% | 0.21x | $84.65 Million |
| UNISEM Co. Ltd (036200) | $89.12 Billion | 26.45% | 0.46x | $224.13 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $242.83 Billion | 10.61% | 0.85x | $7.41 Billion |
| Lumens Co. Ltd (038060) | $126.84 Billion | 17.50% | 1.05x | $27.96 Million |
| iA Inc (038880) | $53.97 Billion | 0.00% | 0.30x | $102.39 Million |
| meerecompany Incorporated (049950) | $104.04 Billion | 6.18% | 0.54x | $57.28 Million |
| I&C Technology Co. Ltd (052860) | $71.07 Billion | 0.00% | 0.20x | $60.22 Million |
| KMH Hitech Co. Ltd (052900) | $63.65 Billion | 3.50% | 0.19x | $44.85 Million |
About Exicon Co. Ltd
Exicon Co., Ltd. operates as a semiconductor test solution company in Korea and internationally. The company offers memory, storage, and system on chip testers, as well as embedded memory testers in burn-in; and test services. Exicon Co., Ltd. was founded in 2001 and is headquartered in Seongnam-si, South Korea.