Smec Co.Ltd (099440) - Net Assets
Based on the latest financial reports, Smec Co.Ltd (099440) has net assets worth ₩173.58 Billion KRW (≈ $117.63 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 (₩386.30 Billion ≈ $261.79 Million USD) and total liabilities (₩212.72 Billion ≈ $144.16 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 Smec Co.Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩173.58 Billion |
| % of Total Assets | 44.93% |
| Annual Growth Rate | 8.65% |
| 5-Year Change | 73.63% |
| 10-Year Change | 54.08% |
| Growth Volatility | 28.25 |
Smec Co.Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Smec Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Smec Co.Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Smec Co.Ltd (2012–2024)
The table below shows the annual net assets of Smec Co.Ltd from 2012 to 2024. For live valuation and market cap data, see Smec Co.Ltd (099440) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩129.55 Billion ≈ $87.79 Million |
+21.29% |
| 2023-12-31 | ₩106.81 Billion ≈ $72.38 Million |
+42.76% |
| 2022-12-31 | ₩74.81 Billion ≈ $50.70 Million |
+27.98% |
| 2021-12-31 | ₩58.46 Billion ≈ $39.62 Million |
-21.65% |
| 2020-12-31 | ₩74.61 Billion ≈ $50.56 Million |
-22.75% |
| 2019-12-31 | ₩96.59 Billion ≈ $65.46 Million |
+0.24% |
| 2018-12-31 | ₩96.36 Billion ≈ $65.30 Million |
+0.36% |
| 2017-12-31 | ₩96.01 Billion ≈ $65.06 Million |
+6.11% |
| 2016-12-31 | ₩90.48 Billion ≈ $61.32 Million |
+7.62% |
| 2015-12-31 | ₩84.08 Billion ≈ $56.98 Million |
+75.71% |
| 2012-12-31 | ₩47.85 Billion ≈ $32.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Smec 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 67.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩5.05 Billion | 3.90% |
| Common Stock | ₩20.12 Billion | 15.53% |
| Other Components | ₩104.37 Billion | 80.57% |
| Total Equity | ₩129.55 Billion | 100.00% |
Smec Co.Ltd Competitors by Market Cap
The table below lists competitors of Smec Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petrus Resources Ltd
TO:PRQ
|
$196.02 Million |
|
Plum Acquisition Corp. IV Class A Ordinary Shares
NASDAQ:PLMK
|
$196.02 Million |
|
Amway (Malaysia) Holdings Bhd
KLSE:6351
|
$196.04 Million |
|
Biosolution Co.Ltd
KQ:086820
|
$196.07 Million |
|
Shinfox Energy Co Ltd
TW:6806
|
$195.98 Million |
|
Som Distilleries & Breweries Limited
NSE:SDBL
|
$195.95 Million |
|
Zentalis Pharmaceuticals Llc
NASDAQ:ZNTL
|
$195.77 Million |
|
TigerElec Co. Ltd
KQ:219130
|
$195.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smec Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 106,807,511,330 to 129,545,095,390, a change of 22,737,584,060 (21.3%).
- Net income of 22,133,889,830 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩22.13 Billion | +17.09% |
| Other Changes | ₩603.69 Million | +0.47% |
| Total Change | ₩- | 21.29% |
Book Value vs Market Value Analysis
This analysis compares Smec 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: 1.51x
- 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 1.09x to 1.51x 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 | ₩4063.57 | ₩4430.00 | x |
| 2017-12-31 | ₩3762.29 | ₩4430.00 | x |
| 2018-12-31 | ₩3886.53 | ₩4430.00 | x |
| 2019-12-31 | ₩3751.42 | ₩4430.00 | x |
| 2020-12-31 | ₩2686.10 | ₩4430.00 | x |
| 2021-12-31 | ₩2104.51 | ₩4430.00 | x |
| 2022-12-31 | ₩2064.30 | ₩4430.00 | x |
| 2023-12-31 | ₩2418.78 | ₩4430.00 | x |
| 2024-12-31 | ₩2933.70 | ₩4430.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smec 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): 17.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.00%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.32x
- Recent ROE (17.09%) is above the historical average (-3.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.16% | 1.13% | 1.01x | 2.77x | ₩-3.27 Billion |
| 2015 | 4.00% | 2.76% | 0.69x | 2.09x | ₩-5.04 Billion |
| 2016 | 2.18% | 1.61% | 0.57x | 2.38x | ₩-7.08 Billion |
| 2017 | 0.35% | 0.21% | 0.79x | 2.13x | ₩-9.27 Billion |
| 2018 | -1.74% | -1.25% | 0.61x | 2.29x | ₩-11.31 Billion |
| 2019 | -17.59% | -12.40% | 0.61x | 2.33x | ₩-26.65 Billion |
| 2020 | -40.06% | -26.30% | 0.60x | 2.52x | ₩-37.35 Billion |
| 2021 | -30.75% | -13.99% | 0.68x | 3.25x | ₩-23.82 Billion |
| 2022 | 12.94% | 6.07% | 0.82x | 2.59x | ₩2.20 Billion |
| 2023 | 15.62% | 9.44% | 0.85x | 1.94x | ₩6.00 Billion |
| 2024 | 17.09% | 11.00% | 0.67x | 2.32x | ₩9.18 Billion |
Industry Comparison
This section compares Smec Co.Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $161,130,705,092
- Average return on equity (ROE) among peers: 82.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smec Co.Ltd (099440) | ₩173.58 Billion | 3.16% | 1.23x | $196.00 Million |
| Hwacheon Mac (000850) | $131.77 Billion | 7.91% | 0.65x | $57.77 Million |
| Daidong Elec (008110) | $88.61 Billion | 9.10% | 0.47x | $71.25 Million |
| Booster Co. Ltd (008470) | $65.94 Billion | 9.50% | 0.26x | $21.20 Million |
| Simpac (009160) | $240.83 Billion | 5.35% | 0.58x | $101.09 Million |
| Kyung Dong Navien Co Ltd (009450) | $695.42 Billion | 17.88% | 0.95x | $761.04 Million |
| Korea Refract (010040) | $25.31 Billion | -5.89% | 3.13x | $48.01 Million |
| Woojin I&S Co Ltd (010400) | $106.95 Billion | 1.99% | 0.25x | $18.75 Million |
| Hwacheon Machi (010660) | $124.32 Billion | -0.54% | 0.30x | $75.74 Million |
| Han Shin Mach (011700) | $89.60 Billion | -1.35% | 0.41x | $101.16 Million |
| STX Corporation (011810) | $42.56 Billion | 785.68% | 13.74x | $74.11 Million |
About Smec Co.Ltd
Smec Co.,Ltd produces and sells machine tools, semiconductor equipment, robots, and laser equipment in South Korea and internationally. The company offers industrial IoT solutions, metal 3D printers, robot bed, laser heat treatment system, and laser cladding system, as well as LCD glass panel transfer, solarcell panel handling, multi joint, and SCRARA robot. It also provides digital radio communi… Read more