Selvas Ai Inc. (108860) - Net Assets

Latest as of March 2026: ₩264.12 Billion KRW ≈ $178.99 Million USD

Based on the latest financial reports, Selvas Ai Inc. (108860) has net assets worth ₩264.12 Billion KRW (≈ $178.99 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩311.16 Billion ≈ $210.87 Million USD) and total liabilities (₩47.04 Billion ≈ $31.88 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 Selvas Ai Inc. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩264.12 Billion
% of Total Assets	84.88%
Annual Growth Rate	16.91%
5-Year Change	529.64%
10-Year Change	446.57%
Growth Volatility	63.12

Selvas Ai Inc. - Net Assets Trend (2011–2025)

This chart illustrates how Selvas Ai Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 108860 market cap overview.

Annual Net Assets for Selvas Ai Inc. (2011–2025)

The table below shows the annual net assets of Selvas Ai Inc. from 2011 to 2025. Also explore Selvas Ai Inc. (108860) net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	₩259.91 Billion ≈ $176.13 Million	-1.14%
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 178145.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	₩150.70 Billion	136.89%
Total Equity	₩110.09 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
Ferronordic AB (publ) ST:FNM	$157.96 Million
Magnora ASA OL:MGN	$157.97 Million
La Finca Global Assets SOCIMI S.A. MC:YLFG	$157.98 Million
NoHo Partners Oyj HE:NOHO	$158.04 Million
ALEXANDRIA PANKKIIRILIIKE F:3ZL	$157.84 Million
Mountain & I Acquisition Co Corp NASDAQ:MCAA	$157.81 Million
MODISON LIMITED NSE:MODISONLTD	$157.75 Million
InfoBeans Technologies Limited NSE:INFOBEAN	$157.72 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 2024 to 2025, total equity changed from 120,674,379,920 to 110,089,469,950, a change of -10,584,909,970 (-8.8%).
Net loss of 6,002,872,240 reduced equity.
Other factors decreased equity by 4,582,037,730.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-6.00 Billion	-5.45%
Other Changes	₩-4.58 Billion	-4.16%
Total Change	₩-	-8.77%

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: 2.12x
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 4.02x to 2.12x 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	₩8660.00	x
2017-12-31	₩2071.75	₩8660.00	x
2018-12-31	₩1482.24	₩8660.00	x
2019-12-31	₩1380.36	₩8660.00	x
2020-12-31	₩1627.51	₩8660.00	x
2021-12-31	₩1808.48	₩8660.00	x
2022-12-31	₩2340.55	₩8660.00	x
2023-12-31	₩4877.01	₩8660.00	x
2024-12-31	₩4483.66	₩8660.00	x
2025-12-31	₩4090.37	₩8660.00	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): -5.45%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5.23%
• Asset Turnover: 0.37x
• Equity Multiplier: 2.79x
Recent ROE (-5.45%) is above the historical average (-9.40%), 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
2025	-5.45%	-5.23%	0.37x	2.79x	₩-17.01 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: $68,429,551,409
Average return on equity (ROE) among peers: -2.52%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Selvas Ai Inc. (108860)	₩264.12 Billion	-8.12%	0.18x	$157.95 Million
Douzone Bizon Co Ltd (012510)	$153.29 Billion	18.37%	0.54x	$2.28 Billion
NuriFlex Co.Ltd (040160)	$49.16 Billion	-11.88%	1.85x	$49.69 Million
Raonsecure Co. Ltd (042510)	$5.18 Billion	0.00%	3.23x	$86.48 Million
Osangjaiel Co. Ltd (053980)	$109.09 Billion	9.51%	0.35x	$30.79 Million
Gemvaxlink Co. Ltd (064800)	$198.25 Billion	-19.37%	0.24x	$37.93 Million
Mobileleader Co.Ltd (100030)	$29.77 Billion	0.25%	0.14x	$35.66 Million
RSUPPORT Co. Ltd (131370)	$46.45 Billion	-0.09%	0.11x	$53.14 Million
KineMaster Corporation (139670)	$12.36 Billion	-25.44%	0.13x	$19.61 Million
Bflysoft Co. Ltd. (148780)	$12.32 Billion	5.95%	0.34x	$82.47 Million

About Selvas Ai Inc.

KQ:108860 Korea Software - Application

Market Cap

$157.95 Million

₩233.08 Billion KRW

Market Cap Rank

#17543 Global

#717 in Korea

Share Price

₩8660.00

Change (1 day)

-0.23%

52-Week Range

₩6230.00 - ₩16750.00

All Time High

₩34012.98