S&S TECH Corporation (101490) - Net Assets
Based on the latest financial reports, S&S TECH Corporation (101490) has net assets worth ₩281.21 Billion KRW (≈ $190.58 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 (₩403.06 Billion ≈ $273.15 Million USD) and total liabilities (₩121.84 Billion ≈ $82.57 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 S&S TECH Corporation (101490) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩281.21 Billion |
| % of Total Assets | 69.77% |
| Annual Growth Rate | 10.69% |
| 5-Year Change | 50.09% |
| 10-Year Change | 276.4% |
| Growth Volatility | 24.01 |
S&S TECH Corporation - Net Assets Trend (2011–2024)
This chart illustrates how S&S TECH Corporation's net assets have evolved over time, based on quarterly financial data. Also explore S&S TECH Corporation assets under control for the complete picture of this company's asset base.
Annual Net Assets for S&S TECH Corporation (2011–2024)
The table below shows the annual net assets of S&S TECH Corporation from 2011 to 2024. For live valuation and market cap data, see market value of S&S TECH Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩246.85 Billion ≈ $167.28 Million |
+11.80% |
| 2023-12-31 | ₩220.80 Billion ≈ $149.63 Million |
+15.97% |
| 2022-12-31 | ₩190.39 Billion ≈ $129.03 Million |
+9.15% |
| 2021-12-31 | ₩174.43 Billion ≈ $118.21 Million |
+6.05% |
| 2020-12-31 | ₩164.47 Billion ≈ $111.46 Million |
+85.66% |
| 2019-12-31 | ₩88.58 Billion ≈ $60.03 Million |
+11.19% |
| 2018-12-31 | ₩79.67 Billion ≈ $53.99 Million |
+1.67% |
| 2017-12-31 | ₩78.36 Billion ≈ $53.10 Million |
+4.28% |
| 2016-12-31 | ₩75.14 Billion ≈ $50.92 Million |
+14.58% |
| 2015-12-31 | ₩65.58 Billion ≈ $44.44 Million |
+33.33% |
| 2014-12-31 | ₩49.19 Billion ≈ $33.33 Million |
-7.89% |
| 2013-12-31 | ₩53.40 Billion ≈ $36.19 Million |
-13.91% |
| 2012-12-31 | ₩62.03 Billion ≈ $42.04 Million |
-5.83% |
| 2011-12-31 | ₩65.87 Billion ≈ $44.64 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to S&S TECH Corporation'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 377.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩128.49 Billion | 52.34% |
| Common Stock | ₩10.73 Billion | 4.37% |
| Other Components | ₩106.26 Billion | 43.29% |
| Total Equity | ₩245.47 Billion | 100.00% |
S&S TECH Corporation Competitors by Market Cap
The table below lists competitors of S&S TECH Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Central Plaza Hotel Public Company Limited
BK:CENTEL
|
$1.30 Billion |
|
Alphamin Res
V:AFM
|
$1.30 Billion |
|
China Yuchai International Limited
F:CYD
|
$1.31 Billion |
|
SP Setia Bhd
KLSE:8664
|
$1.31 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
$1.30 Billion |
|
Weibo Corporation
F:2WBA
|
$1.30 Billion |
|
MapLight Therapeutics, Inc. Common Stock
NASDAQ:MPLT
|
$1.30 Billion |
|
Gallant Micro Machining Co Ltd
TWO:6640
|
$1.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S&S TECH Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 220,798,777,190 to 245,471,410,140, a change of 24,672,632,950 (11.2%).
- Net income of 30,479,588,670 contributed positively to equity growth.
- Dividend payments of 3,154,540,500 reduced retained earnings.
- Share repurchases of 746,663,530 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩30.48 Billion | +12.42% |
| Dividends Paid | ₩3.15 Billion | -1.29% |
| Share Repurchases | ₩746.66 Million | -0.3% |
| Other Changes | ₩-1.91 Billion | -0.78% |
| Total Change | ₩- | 11.17% |
Book Value vs Market Value Analysis
This analysis compares S&S TECH Corporation'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: 8.59x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 26.45x to 8.59x 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 | ₩3807.58 | ₩100700.00 | x |
| 2017-12-31 | ₩3970.53 | ₩100700.00 | x |
| 2018-12-31 | ₩4168.01 | ₩100700.00 | x |
| 2019-12-31 | ₩4634.49 | ₩100700.00 | x |
| 2020-12-31 | ₩7895.64 | ₩100700.00 | x |
| 2021-12-31 | ₩8373.64 | ₩100700.00 | x |
| 2022-12-31 | ₩9140.13 | ₩100700.00 | x |
| 2023-12-31 | ₩10499.09 | ₩100700.00 | x |
| 2024-12-31 | ₩11716.90 | ₩100700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S&S TECH Corporation 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): 12.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.32%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.21x
- Recent ROE (12.42%) is above the historical average (4.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 5.54% | 6.75% | 0.38x | 2.15x | ₩-2.72 Billion |
| 2012 | -2.58% | -2.94% | 0.39x | 2.28x | ₩-7.42 Billion |
| 2013 | -14.14% | -15.17% | 0.37x | 2.55x | ₩-12.18 Billion |
| 2014 | -10.15% | -10.51% | 0.53x | 1.82x | ₩-9.54 Billion |
| 2015 | 11.24% | 14.40% | 0.53x | 1.47x | ₩815.11 Million |
| 2016 | 11.93% | 16.59% | 0.45x | 1.61x | ₩1.45 Billion |
| 2017 | 4.00% | 5.81% | 0.45x | 1.54x | ₩-4.70 Billion |
| 2018 | 5.80% | 7.58% | 0.49x | 1.55x | ₩-3.34 Billion |
| 2019 | 11.40% | 11.96% | 0.62x | 1.53x | ₩1.24 Billion |
| 2020 | 6.69% | 12.59% | 0.47x | 1.13x | ₩-5.45 Billion |
| 2021 | 6.59% | 11.63% | 0.50x | 1.13x | ₩-5.94 Billion |
| 2022 | 9.17% | 14.14% | 0.54x | 1.19x | ₩-1.57 Billion |
| 2023 | 11.71% | 17.20% | 0.59x | 1.16x | ₩3.77 Billion |
| 2024 | 12.42% | 17.32% | 0.59x | 1.21x | ₩5.93 Billion |
Industry Comparison
This section compares S&S TECH Corporation's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $100,415,805,899
- Average return on equity (ROE) among peers: 3.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S&S TECH Corporation (101490) | ₩281.21 Billion | 5.54% | 0.43x | $1.30 Billion |
| PSK HOLDINGS Inc (031980) | $134.19 Billion | 8.61% | 0.17x | $459.89 Million |
| Fidelix Co. Ltd (032580) | $29.49 Billion | 12.01% | 1.19x | $22.13 Million |
| Cloud Air Co.Ltd (036170) | $84.27 Billion | -13.72% | 0.25x | $148.12 Million |
| UNISEM Co. Ltd (036200) | $58.37 Billion | 4.17% | 0.73x | $225.30 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $169.21 Billion | 0.00% | 0.26x | $4.12 Billion |
| Lumens Co. Ltd (038060) | $221.56 Billion | -2.75% | 0.53x | $37.16 Million |
| iA Inc (038880) | $91.84 Billion | 14.29% | 0.56x | $149.31 Million |
| meerecompany Incorporated (049950) | $70.94 Billion | 18.07% | 0.57x | $79.45 Million |
| I&C Technology Co. Ltd (052860) | $42.66 Billion | -12.82% | 0.52x | $66.41 Million |
| KMH Hitech Co. Ltd (052900) | $101.62 Billion | 4.69% | 0.78x | $37.41 Million |
About S&S TECH Corporation
S&S Tech Corporation manufactures and sells blank masks worldwide. Its products are used for manufacturing semiconductors and flat panel display. The company was founded in 2001 and is headquartered in Daegu, South Korea.