S Connect Co. LTD
S Connect Co., LTD. produces and sells various metal parts of IT products in South Korea and internationally. The company offers a range of exterior and interior parts for use in PCs, tablets, and other products. It also provides lithium batteries and surveillance systems. In addition, it offers Yodoc-m, a portable self-diagnosis urine analyzer. The company was formerly known as Samyoung Connect … Read more
S Connect Co. LTD (096630) - Net Assets
Latest net assets as of September 2025: ₩64.21 Billion KRW
Based on the latest financial reports, S Connect Co. LTD (096630) has net assets worth ₩64.21 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 (₩174.52 Billion) and total liabilities (₩110.30 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 | ₩64.21 Billion |
| % of Total Assets | 36.79% |
| Annual Growth Rate | 8.68% |
| 5-Year Change | 17.38% |
| 10-Year Change | -17.18% |
| Growth Volatility | 41.54 |
S Connect Co. LTD - Net Assets Trend (2010–2024)
This chart illustrates how S Connect 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 S Connect Co. LTD (2010–2024)
The table below shows the annual net assets of S Connect Co. LTD from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩55.16 Billion | -27.19% |
| 2023-12-31 | ₩75.75 Billion | +61.89% |
| 2022-12-31 | ₩46.79 Billion | +16.04% |
| 2021-12-31 | ₩40.32 Billion | -14.19% |
| 2020-12-31 | ₩46.99 Billion | -47.94% |
| 2019-12-31 | ₩90.26 Billion | -9.73% |
| 2018-12-31 | ₩99.99 Billion | +16.55% |
| 2017-12-31 | ₩85.79 Billion | +11.25% |
| 2016-12-31 | ₩77.11 Billion | +15.78% |
| 2015-12-31 | ₩66.60 Billion | +5.10% |
| 2014-12-31 | ₩63.37 Billion | +0.59% |
| 2013-12-31 | ₩63.00 Billion | +25.08% |
| 2012-12-31 | ₩50.37 Billion | +25.00% |
| 2011-12-31 | ₩40.30 Billion | +134.29% |
| 2010-12-31 | ₩17.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to S Connect 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 599.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩15.88 Billion | 28.78% |
| Other Components | ₩59.67 Billion | 108.18% |
| Total Equity | ₩55.16 Billion | 100.00% |
S Connect Co. LTD Competitors by Market Cap
The table below lists competitors of S Connect Co. LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gaush Meditech Ltd
F:F7Y
|
$29.55 Million |
|
Vranken-Pommery Monopole Société Anonyme
PA:VRAP
|
$29.55 Million |
|
PTT Synergy Group Bhd
KLSE:7010
|
$29.56 Million |
|
Hwang-Kum Stee
KO:032560
|
$29.56 Million |
|
ZUARI INDUSTRIES LIMITED
NSE:ZUARIIND
|
$29.53 Million |
|
NMC Resource Corporation
V:NRC
|
$29.53 Million |
|
TV Today Network Limited
NSE:TVTODAY
|
$29.52 Million |
|
Fuel Tech Inc
NASDAQ:FTEK
|
$29.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S Connect Co. LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,715,314,080 to 55,158,791,340, a change of -20,556,522,740 (-27.1%).
- Net loss of 25,746,311,500 reduced equity.
- Share repurchases of 6,768,994,490 reduced equity.
- Other factors increased equity by 11,958,783,250.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-25.75 Billion | -46.68% |
| Share Repurchases | ₩6.77 Billion | -12.27% |
| Other Changes | ₩11.96 Billion | +21.68% |
| Total Change | ₩- | -27.15% |
Book Value vs Market Value Analysis
This analysis compares S Connect 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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.67x to 1.38x 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 | ₩1298.04 | ₩864.00 | x |
| 2017-12-31 | ₩1432.57 | ₩864.00 | x |
| 2018-12-31 | ₩1697.98 | ₩864.00 | x |
| 2019-12-31 | ₩1532.82 | ₩864.00 | x |
| 2020-12-31 | ₩798.01 | ₩864.00 | x |
| 2021-12-31 | ₩661.50 | ₩864.00 | x |
| 2022-12-31 | ₩743.92 | ₩864.00 | x |
| 2023-12-31 | ₩998.77 | ₩864.00 | x |
| 2024-12-31 | ₩627.47 | ₩864.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S Connect 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): -46.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.82%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 3.54x
- Recent ROE (-46.68%) is below the historical average (-10.68%), 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 | 9.74% | 2.19% | 1.68x | 2.64x | ₩-165.51 Million |
| 2015 | 7.67% | 1.66% | 1.94x | 2.39x | ₩-1.55 Billion |
| 2016 | 13.72% | 3.16% | 1.88x | 2.31x | ₩2.87 Billion |
| 2017 | 16.24% | 3.81% | 2.16x | 1.97x | ₩5.36 Billion |
| 2018 | 14.37% | 3.91% | 2.07x | 1.77x | ₩4.37 Billion |
| 2019 | -13.49% | -4.79% | 1.57x | 1.80x | ₩-21.20 Billion |
| 2020 | -92.20% | -23.40% | 1.13x | 3.50x | ₩-48.02 Billion |
| 2021 | -34.33% | -7.63% | 1.27x | 3.55x | ₩-17.87 Billion |
| 2022 | 8.83% | 2.06% | 1.21x | 3.55x | ₩-547.50 Million |
| 2023 | -1.37% | -0.38% | 1.34x | 2.72x | ₩-8.61 Billion |
| 2024 | -46.68% | -8.82% | 1.49x | 3.54x | ₩-31.26 Billion |
Industry Comparison
This section compares S Connect Co. LTD's net assets metrics with peer companies in the Electronic Equipment & Parts industry.
Industry Context
- Industry: Electronic Equipment & Parts
- Average net assets among peers: $81,828,345,122
- Average return on equity (ROE) among peers: -9.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S Connect Co. LTD (096630) | ₩64.21 Billion | 9.74% | 1.72x | $29.53 Million |
| SANGBO Corp (027580) | $29.45 Billion | -35.18% | 2.55x | $19.25 Million |
| Inzi Display Co.Ltd (037330) | $162.56 Billion | 1.55% | 0.59x | $19.38 Million |
| BioSmart Co.Ltd (038460) | $58.82 Billion | 5.35% | 0.27x | $46.07 Million |
| e-LITECOM CO. Ltd (041520) | $38.24 Billion | 17.41% | 1.56x | $35.12 Million |
| CoAsia Corporation (045970) | $100.09 Billion | 0.00% | 1.72x | $59.77 Million |
| Powerlogics Co. Ltd (047310) | $212.21 Billion | -3.86% | 1.12x | $121.60 Million |
| Phoenix Materials Co. Ltd (050090) | $27.29 Billion | -7.19% | 0.62x | $8.87 Million |
| CammSys Corp (050110) | $75.36 Billion | 10.73% | 0.88x | $23.68 Million |
| STCube Inc (052020) | $19.12 Billion | -86.05% | 0.38x | $442.98 Million |
| Amotech Co. Ltd (052710) | $95.14 Billion | 1.97% | 1.04x | $55.48 Million |