Seegene Inc (096530) - Net Assets
Based on the latest financial reports, Seegene Inc (096530) has net assets worth ₩1.00 Trillion KRW (≈ $679.99 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 (₩1.22 Trillion ≈ $825.33 Million USD) and total liabilities (₩214.46 Billion ≈ $145.34 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 096530 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.00 Trillion |
| % of Total Assets | 82.39% |
| Annual Growth Rate | 30.05% |
| 5-Year Change | 52.09% |
| 10-Year Change | 626.53% |
| Growth Volatility | 89.63 |
Seegene Inc - Net Assets Trend (2012–2024)
This chart illustrates how Seegene Inc's net assets have evolved over time, based on quarterly financial data. Also explore Seegene Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Seegene Inc (2012–2024)
The table below shows the annual net assets of Seegene Inc from 2012 to 2024. For live valuation and market cap data, see 096530 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩981.48 Billion ≈ $665.13 Million |
-4.75% |
| 2023-12-31 | ₩1.03 Trillion ≈ $698.29 Million |
-10.23% |
| 2022-12-31 | ₩1.15 Trillion ≈ $777.83 Million |
+6.14% |
| 2021-12-31 | ₩1.08 Trillion ≈ $732.85 Million |
+67.58% |
| 2020-12-31 | ₩645.32 Billion ≈ $437.32 Million |
+323.02% |
| 2019-12-31 | ₩152.55 Billion ≈ $103.38 Million |
+19.15% |
| 2018-12-31 | ₩128.03 Billion ≈ $86.76 Million |
+2.39% |
| 2017-12-31 | ₩125.04 Billion ≈ $84.74 Million |
-11.93% |
| 2016-12-31 | ₩141.97 Billion ≈ $96.21 Million |
+5.09% |
| 2015-12-31 | ₩135.09 Billion ≈ $91.55 Million |
+42.45% |
| 2014-12-31 | ₩94.83 Billion ≈ $64.27 Million |
+12.30% |
| 2013-12-31 | ₩84.44 Billion ≈ $57.23 Million |
+101.36% |
| 2012-12-31 | ₩41.94 Billion ≈ $28.42 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Seegene Inc'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 2665.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩1.06 Trillion | 108.82% |
| Total Equity | ₩978.63 Billion | 100.00% |
Seegene Inc Competitors by Market Cap
The table below lists competitors of Seegene Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenyang Jinbei Automotive Co Ltd
SHG:600609
|
$767.41 Million |
|
BEIJ.JINGNENG CL.ERG.HYC1
F:BJ6
|
$767.50 Million |
|
Canadian General Investments Ltd
TO:CGI
|
$767.51 Million |
|
Sunway Co Ltd
SHG:603333
|
$767.61 Million |
|
Pick N Pay Stores Ltd
JSE:PIK
|
$766.77 Million |
|
Harum Energy Tbk PT
JK:HRUM
|
$766.60 Million |
|
Hangzhou Chinastars Reflective Material Co.Ltd.
SHE:301077
|
$766.55 Million |
|
Pearl Global Industries Limited
NSE:PGIL
|
$766.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seegene Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,027,700,851,360 to 978,626,295,130, a change of -49,074,556,230 (-4.8%).
- Net loss of 20,336,849,170 reduced equity.
- Dividend payments of 36,923,148,800 reduced retained earnings.
- Share repurchases of 2,448,885,700 reduced equity.
- Other factors increased equity by 10,634,327,440.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-20.34 Billion | -2.08% |
| Dividends Paid | ₩36.92 Billion | -3.77% |
| Share Repurchases | ₩2.45 Billion | -0.25% |
| Other Changes | ₩10.63 Billion | +1.09% |
| Total Change | ₩- | -4.78% |
Book Value vs Market Value Analysis
This analysis compares Seegene Inc'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: 1.16x
- 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 9.02x to 1.16x 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 | ₩2720.46 | ₩24550.00 | x |
| 2017-12-31 | ₩2405.40 | ₩24550.00 | x |
| 2018-12-31 | ₩2462.83 | ₩24550.00 | x |
| 2019-12-31 | ₩2934.53 | ₩24550.00 | x |
| 2020-12-31 | ₩12413.77 | ₩24550.00 | x |
| 2021-12-31 | ₩20971.05 | ₩24550.00 | x |
| 2022-12-31 | ₩23036.65 | ₩24550.00 | x |
| 2023-12-31 | ₩22052.71 | ₩24550.00 | x |
| 2024-12-31 | ₩21188.30 | ₩24550.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seegene Inc 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): -2.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.91%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.23x
- Recent ROE (-2.08%) is below the historical average (17.13%), 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 | 9.65% | 14.19% | 0.47x | 1.46x | ₩-333.62 Million |
| 2015 | 5.01% | 10.40% | 0.34x | 1.44x | ₩-6.73 Billion |
| 2016 | 5.02% | 9.67% | 0.35x | 1.46x | ₩-7.07 Billion |
| 2017 | 1.59% | 2.29% | 0.53x | 1.32x | ₩-10.52 Billion |
| 2018 | 8.38% | 10.49% | 0.62x | 1.28x | ₩-2.07 Billion |
| 2019 | 17.48% | 21.87% | 0.62x | 1.28x | ₩11.42 Billion |
| 2020 | 77.83% | 44.64% | 1.03x | 1.70x | ₩437.75 Billion |
| 2021 | 49.62% | 39.14% | 0.92x | 1.38x | ₩428.42 Billion |
| 2022 | 15.87% | 21.34% | 0.61x | 1.21x | ₩67.36 Billion |
| 2023 | 0.07% | 0.18% | 0.29x | 1.22x | ₩-102.10 Billion |
| 2024 | -2.08% | -4.91% | 0.34x | 1.23x | ₩-118.20 Billion |
Industry Comparison
This section compares Seegene Inc's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $368,573,438,392
- Average return on equity (ROE) among peers: 0.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seegene Inc (096530) | ₩1.00 Trillion | 9.65% | 0.21x | $767.20 Million |
| ORIENTBIO Inc. (002630) | $57.60 Billion | 0.00% | 0.70x | $43.15 Million |
| Green Cross (005250) | $1.51 Trillion | 0.20% | 0.84x | $425.10 Million |
| Green Cross Holdings Preference Shares (005257) | $1.85 Trillion | 1.30% | 0.98x | $3.74 Million |
| Pharmicell (005690) | $51.52 Billion | 8.44% | 0.23x | $736.42 Million |
| GeneOne Life Science Inc (011000) | $39.74 Billion | 0.00% | 0.49x | $49.94 Million |
| HLB Co. Ltd (028300) | $19.44 Billion | 0.00% | 0.66x | $5.41 Billion |
| Daesung Microbiological Labs. Co. Ltd (036480) | $37.00 Billion | 2.34% | 0.69x | $19.29 Million |
| Seoulin Bioscience Co.Ltd (038070) | $51.49 Billion | 4.00% | 0.38x | $37.92 Million |
| Hyundai Bioscience Co. Ltd (048410) | $58.24 Billion | 3.27% | 0.77x | $872.13 Million |
| iNtRON Biotechnology Inc (048530) | $11.93 Billion | -9.93% | 0.65x | $77.34 Million |
About Seegene Inc
Seegene, Inc. manufactures and sells molecular diagnostics products worldwide. It offers IVD products comprising respiratory disease detection products for respiratory infections; gastrointestinal disease detection products for gastrointestinal tract infections; human papillomavirus detection products; sexually transmitted infections causative pathogens detection products; tuberculosis detection … Read more