Alpha Holdings Inc (117670) - Net Assets
Based on the latest financial reports, Alpha Holdings Inc (117670) has net assets worth ₩42.33 Billion KRW (≈ $28.69 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 (₩57.65 Billion ≈ $39.07 Million USD) and total liabilities (₩15.32 Billion ≈ $10.38 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. Also explore Alpha Holdings Inc assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩42.33 Billion |
| % of Total Assets | 73.43% |
| Annual Growth Rate | 3.24% |
| 5-Year Change | -48.39% |
| 10-Year Change | -8.89% |
| Growth Volatility | 22.59 |
Alpha Holdings Inc - Net Assets Trend (2012–2025)
This chart illustrates how Alpha Holdings Inc's net assets have evolved over time, based on quarterly financial data. Check Alpha Holdings Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Alpha Holdings Inc (2012–2025)
The table below shows the annual net assets of Alpha Holdings Inc from 2012 to 2025. For live valuation and market cap data, see how much is Alpha Holdings Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩42.32 Billion ≈ $28.68 Million |
+26.15% |
| 2024-12-31 | ₩33.55 Billion ≈ $22.73 Million |
-3.37% |
| 2023-12-31 | ₩34.72 Billion ≈ $23.53 Million |
-45.02% |
| 2022-12-31 | ₩63.14 Billion ≈ $42.79 Million |
-23.00% |
| 2021-12-31 | ₩82.00 Billion ≈ $55.57 Million |
+5.62% |
| 2020-12-31 | ₩77.64 Billion ≈ $52.61 Million |
+24.38% |
| 2019-12-31 | ₩62.42 Billion ≈ $42.30 Million |
+30.10% |
| 2018-12-31 | ₩47.98 Billion ≈ $32.51 Million |
+8.84% |
| 2017-12-31 | ₩44.08 Billion ≈ $29.87 Million |
-5.10% |
| 2016-12-31 | ₩46.45 Billion ≈ $31.48 Million |
+37.68% |
| 2015-12-31 | ₩33.74 Billion ≈ $22.86 Million |
+2.93% |
| 2014-12-31 | ₩32.78 Billion ≈ $22.21 Million |
+17.19% |
| 2012-12-31 | ₩27.97 Billion ≈ $18.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Alpha Holdings 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 5694706109000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩99.27 Billion | 234.57% |
| Total Equity | ₩42.32 Billion | 100.00% |
Alpha Holdings Inc Competitors by Market Cap
The table below lists competitors of Alpha Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inventus Mining Corp
V:IVS
|
$38.16 Million |
|
Cokal Ltd
AU:CKA
|
$38.17 Million |
|
Krungthai Car Rent and Lease Public Company Limited
BK:KCAR
|
$38.18 Million |
|
Fokus Mining Corp
V:FKM
|
$38.18 Million |
|
Ribbon Acquisition Corp Class A Ordinary Shares
NASDAQ:RIBB
|
$38.13 Million |
|
5Th Planet Games A/S
OL:5PG
|
$38.13 Million |
|
Communication & System Solution Public Company Limited
BK:CSS
|
$38.11 Million |
|
Chi Hua Fitness Co Ltd
TWO:1593
|
$38.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alpha Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,552,994,830 to 42,319,220,410, a change of 8,766,225,580 (26.1%).
- Net loss of 1,476,107,720 reduced equity.
- Share repurchases of 32,884,000 reduced equity.
- New share issuances of 8,400,004,240 increased equity.
- Other factors increased equity by 1,875,213,060.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.48 Billion | -3.49% |
| Share Repurchases | ₩32.88 Million | -0.08% |
| Share Issuances | ₩8.40 Billion | +19.85% |
| Other Changes | ₩1.88 Billion | +4.43% |
| Total Change | ₩- | 26.13% |
Book Value vs Market Value Analysis
This analysis compares Alpha Holdings 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: 1.33x
- 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 2.10x to 1.33x 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 | ₩4032.67 | ₩8450.00 | x |
| 2017-12-31 | ₩3842.42 | ₩8450.00 | x |
| 2018-12-31 | ₩3829.34 | ₩8450.00 | x |
| 2019-12-31 | ₩3963.92 | ₩8450.00 | x |
| 2020-12-31 | ₩3843.75 | ₩8450.00 | x |
| 2021-12-31 | ₩3783.53 | ₩8450.00 | x |
| 2022-12-31 | ₩2030.30 | ₩8450.00 | x |
| 2023-12-31 | ₩9212.14 | ₩8450.00 | x |
| 2024-12-31 | ₩6843.21 | ₩8450.00 | x |
| 2025-12-31 | ₩6352.58 | ₩8450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alpha Holdings 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): -3.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.79%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 1.41x
- Recent ROE (-3.49%) is above the historical average (-21.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.74% | 9.32% | 0.78x | 1.47x | ₩207.52 Million |
| 2014 | 8.54% | 7.11% | 0.59x | 2.04x | ₩-478.41 Million |
| 2015 | 7.65% | 5.03% | 0.77x | 1.98x | ₩-792.85 Million |
| 2016 | -79.38% | -65.09% | 0.77x | 1.59x | ₩-41.51 Billion |
| 2017 | -22.60% | -14.23% | 1.11x | 1.43x | ₩-14.37 Billion |
| 2018 | -11.55% | -6.51% | 0.83x | 2.13x | ₩-10.34 Billion |
| 2019 | -18.69% | -15.94% | 0.54x | 2.16x | ₩-17.91 Billion |
| 2020 | -5.07% | -6.12% | 0.45x | 1.84x | ₩-11.70 Billion |
| 2021 | -16.89% | -18.60% | 0.50x | 1.81x | ₩-22.05 Billion |
| 2022 | -63.25% | -44.36% | 0.90x | 1.59x | ₩-46.25 Billion |
| 2023 | -66.28% | -28.80% | 1.38x | 1.66x | ₩-26.48 Billion |
| 2024 | -25.13% | -9.89% | 1.61x | 1.58x | ₩-11.79 Billion |
| 2025 | -3.49% | -1.79% | 1.38x | 1.41x | ₩-5.71 Billion |
Industry Comparison
This section compares Alpha Holdings Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,072,470,936,854
- Average return on equity (ROE) among peers: 5.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alpha Holdings Inc (117670) | ₩42.33 Billion | 10.74% | 0.36x | $38.15 Million |
| SK Hynix Inc (000660) | $9.31 Trillion | 3.72% | 0.90x | $863.30 Billion |
| DB HiTek Co Ltd (000990) | $405.04 Billion | 0.00% | 3.16x | $2.95 Billion |
| Kec Holdings (006200) | $339.68 Billion | 3.31% | 0.66x | $70.44 Million |
| Charm Engine (009310) | $53.60 Billion | 11.07% | 11.82x | $15.73 Million |
| Auk Corp (017900) | $60.26 Billion | 8.81% | 1.29x | $206.83 Million |
| SFA Semicon Co. Ltd (036540) | $169.01 Billion | 0.00% | 3.51x | $568.92 Million |
| Simmtech Holdings Co. Ltd (036710) | $115.82 Billion | -12.81% | 6.47x | $114.50 Million |
| Fine Semitech Corp (036810) | $54.18 Billion | 11.95% | 1.02x | $304.25 Million |
| Seoul Semiconductor Co. Ltd (046890) | $116.76 Billion | 8.65% | 0.32x | $350.76 Million |
| Kona I Co.Ltd (052400) | $96.04 Billion | 19.82% | 6.17x | $406.04 Million |
About Alpha Holdings Inc
Alphachips, Inc. engages in the design and development of semiconductor products. The company offers chip design, front-end design, back-end design, mass production, and field application services, as well as IP design services. It also engages in renewable energy related business. The company was formerly known as Alpha Holdings, Inc. and changed its name Alphachips, Inc. in April 2025. Alphachi… Read more