Selvas Ai Inc. (108860) - Net Assets

Latest as of September 2025: ₩262.09 Billion KRW ≈ $177.61 Million USD

Based on the latest financial reports, Selvas Ai Inc. (108860) has net assets worth ₩262.09 Billion KRW (≈ $177.61 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 (₩312.44 Billion ≈ $211.73 Million USD) and total liabilities (₩50.35 Billion ≈ $34.12 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 108860 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩262.09 Billion
% of Total Assets	83.89%
Annual Growth Rate	18.42%
5-Year Change	632.44%
10-Year Change	361.48%
Growth Volatility	65.15

Selvas Ai Inc. - Net Assets Trend (2011–2024)

This chart illustrates how Selvas Ai Inc.'s net assets have evolved over time, based on quarterly financial data. See 108860 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Selvas Ai Inc. (2011–2024)

The table below shows the annual net assets of Selvas Ai Inc. from 2011 to 2024. For live valuation and market cap data, see how much is Selvas Ai Inc. worth.

Year	Net Assets	Change
2024-12-31	₩262.91 Billion ≈ $178.17 Million	+56.01%
2023-12-31	₩168.52 Billion ≈ $114.20 Million	+209.08%
2022-12-31	₩54.52 Billion ≈ $36.95 Million	+32.09%
2021-12-31	₩41.28 Billion ≈ $27.97 Million	+15.00%
2020-12-31	₩35.90 Billion ≈ $24.33 Million	+17.90%
2019-12-31	₩30.44 Billion ≈ $20.63 Million	-6.87%
2018-12-31	₩32.69 Billion ≈ $22.15 Million	-28.45%
2017-12-31	₩45.69 Billion ≈ $30.97 Million	-3.91%
2016-12-31	₩47.55 Billion ≈ $32.23 Million	-16.53%
2015-12-31	₩56.97 Billion ≈ $38.61 Million	-1.44%
2014-12-31	₩57.81 Billion ≈ $39.17 Million	+98.12%
2011-12-31	₩29.18 Billion ≈ $19.77 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Selvas Ai 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 decreased by 153865.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	₩13.46 Billion	11.15%
Other Components	₩142.29 Billion	117.91%
Total Equity	₩120.67 Billion	100.00%

Selvas Ai Inc. Competitors by Market Cap

The table below lists competitors of Selvas Ai Inc. ranked by their market capitalization.

Company	Market Cap
Iris Acquisition Corp II NYSE:IRAB	$172.02 Million
LIWANLI Innovation Co Ltd TW:3054	$172.02 Million
Vizsla Royalties Corp. V:VROY	$172.05 Million
Forte Biosciences Inc NASDAQ:FBRX	$172.07 Million
Harmony Electronics TWO:8182	$171.99 Million
Bluerock Acquisition Corp. Class A Ordinary Shares NASDAQ:BLRK	$171.98 Million
Galectin Therapeutics Inc NASDAQ:GALT	$171.89 Million
ADF Group Inc. TO:DRX	$171.87 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Selvas Ai Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 131,261,281,910 to 120,674,379,920, a change of -10,586,901,990 (-8.1%).
Net loss of 5,806,587,580 reduced equity.
Dividend payments of 399,040,680 reduced retained earnings.
Other factors decreased equity by 4,381,273,730.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-5.81 Billion	-4.81%
Dividends Paid	₩399.04 Million	-0.33%
Other Changes	₩-4.38 Billion	-3.63%
Total Change	₩-	-8.07%

Book Value vs Market Value Analysis

This analysis compares Selvas Ai 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: 2.10x
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 4.37x to 2.10x 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	₩2156.02	₩9430.00	x
2017-12-31	₩2071.75	₩9430.00	x
2018-12-31	₩1482.24	₩9430.00	x
2019-12-31	₩1380.36	₩9430.00	x
2020-12-31	₩1627.51	₩9430.00	x
2021-12-31	₩1808.48	₩9430.00	x
2022-12-31	₩2340.55	₩9430.00	x
2023-12-31	₩4877.01	₩9430.00	x
2024-12-31	₩4483.66	₩9430.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Selvas Ai 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): -4.81%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5.16%
• Asset Turnover: 0.36x
• Equity Multiplier: 2.59x
Recent ROE (-4.81%) is above the historical average (-9.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	-8.12%	-18.92%	0.36x	1.18x	₩-9.98 Billion
2015	-1.58%	-2.58%	0.37x	1.65x	₩-6.29 Billion
2016	-34.49%	-46.27%	0.35x	2.12x	₩-21.15 Billion
2017	-8.49%	-8.27%	0.44x	2.34x	₩-8.45 Billion
2018	-57.43%	-52.80%	0.36x	3.04x	₩-22.04 Billion
2019	-23.24%	-19.98%	0.38x	3.09x	₩-10.12 Billion
2020	11.37%	11.73%	0.38x	2.55x	₩491.67 Million
2021	9.18%	7.80%	0.49x	2.38x	₩-339.95 Million
2022	12.27%	13.15%	0.48x	1.95x	₩1.24 Billion
2023	-1.94%	-4.81%	0.27x	1.47x	₩-15.68 Billion
2024	-4.81%	-5.16%	0.36x	2.59x	₩-17.87 Billion

Industry Comparison

This section compares Selvas Ai Inc.'s net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $50,748,922,751
Average return on equity (ROE) among peers: 4.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Selvas Ai Inc. (108860)	₩262.09 Billion	-8.12%	0.19x	$172.00 Million
Douzone Bizon Co Ltd (012510)	$132.78 Billion	16.10%	0.61x	$2.28 Billion
NuriFlex Co.Ltd (040160)	$78.84 Billion	11.08%	1.05x	$67.30 Million
Raonsecure Co. Ltd (042510)	$21.69 Billion	9.64%	1.36x	$61.73 Million
Osangjaiel Co. Ltd (053980)	$35.39 Billion	4.33%	0.74x	$34.97 Million
Gemvaxlink Co. Ltd (064800)	$38.68 Billion	0.57%	0.90x	$214.84 Million
Mobileleader Co.Ltd (100030)	$45.54 Billion	20.84%	0.47x	$33.98 Million
RSUPPORT Co. Ltd (131370)	$92.66 Billion	7.84%	0.11x	$58.38 Million
KineMaster Corporation (139670)	$12.36 Billion	-25.44%	0.13x	$15.14 Million
Bflysoft Co. Ltd. (148780)	$-1.20 Billion	0.00%	0.00x	$13.19 Million

About Selvas Ai Inc.

KQ:108860 Korea Software - Application

Market Cap

$172.00 Million

₩253.80 Billion KRW

Market Cap Rank

#17238 Global

#685 in Korea

Share Price

₩9430.00

Change (1 day)

-5.23%

52-Week Range

₩8430.00 - ₩16750.00

All Time High

₩34012.98