AnaPass Inc (123860) - Net Assets
Based on the latest financial reports, AnaPass Inc (123860) has net assets worth ₩83.46 Billion KRW (≈ $56.56 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 (₩133.83 Billion ≈ $90.70 Million USD) and total liabilities (₩50.37 Billion ≈ $34.13 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 AnaPass Inc (123860) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩83.46 Billion |
| % of Total Assets | 62.36% |
| Annual Growth Rate | -3.03% |
| 5-Year Change | 289.18% |
| 10-Year Change | -29.4% |
| Growth Volatility | 57.72 |
AnaPass Inc - Net Assets Trend (2014–2024)
This chart illustrates how AnaPass Inc's net assets have evolved over time, based on quarterly financial data. Also explore 123860 asset base for the complete picture of this company's asset base.
Annual Net Assets for AnaPass Inc (2014–2024)
The table below shows the annual net assets of AnaPass Inc from 2014 to 2024. For live valuation and market cap data, see AnaPass Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩72.71 Billion ≈ $49.27 Million |
+35.12% |
| 2023-12-31 | ₩53.81 Billion ≈ $36.46 Million |
+42.22% |
| 2022-12-31 | ₩37.83 Billion ≈ $25.64 Million |
-21.76% |
| 2021-12-31 | ₩48.35 Billion ≈ $32.77 Million |
+158.82% |
| 2020-12-31 | ₩18.68 Billion ≈ $12.66 Million |
-66.16% |
| 2019-12-31 | ₩55.20 Billion ≈ $37.41 Million |
-20.31% |
| 2018-12-31 | ₩69.27 Billion ≈ $46.95 Million |
-8.87% |
| 2017-12-31 | ₩76.02 Billion ≈ $51.51 Million |
-0.68% |
| 2016-12-31 | ₩76.54 Billion ≈ $51.87 Million |
-25.68% |
| 2015-12-31 | ₩102.99 Billion ≈ $69.79 Million |
+4.16% |
| 2014-12-31 | ₩98.87 Billion ≈ $67.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AnaPass 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 144.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩6.08 Billion | 8.37% |
| Other Components | ₩94.19 Billion | 129.55% |
| Total Equity | ₩72.71 Billion | 100.00% |
AnaPass Inc Competitors by Market Cap
The table below lists competitors of AnaPass Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bny Mellon Municipal Income Inc
NYSE MKT:DMF
|
$143.85 Million |
|
NSE SA
PA:ALNSE
|
$143.88 Million |
|
Wafangdian Bearing Co Ltd
SHE:200706
|
$143.90 Million |
|
JTC Inc
KQ:950170
|
$143.95 Million |
|
Scicom MSC Bhd
KLSE:0099
|
$143.68 Million |
|
C&G Hi Tech Co.Ltd
KQ:264660
|
$143.63 Million |
|
Hardwyn India Limited
NSE:HARDWYN
|
$143.62 Million |
|
Clal Industries and Beverages Ltd
TA:CLBV
|
$143.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AnaPass Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,806,530,910 to 72,705,934,320, a change of 18,899,403,410 (35.1%).
- Net income of 18,004,131,770 contributed positively to equity growth.
- Other factors increased equity by 895,271,640.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩18.00 Billion | +24.76% |
| Other Changes | ₩895.27 Million | +1.23% |
| Total Change | ₩- | 35.12% |
Book Value vs Market Value Analysis
This analysis compares AnaPass 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: 2.92x
- 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 2.14x to 2.92x 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 | ₩8181.58 | ₩17500.00 | x |
| 2017-12-31 | ₩8125.78 | ₩17500.00 | x |
| 2018-12-31 | ₩7405.13 | ₩17500.00 | x |
| 2019-12-31 | ₩5450.79 | ₩17500.00 | x |
| 2020-12-31 | ₩1753.47 | ₩17500.00 | x |
| 2021-12-31 | ₩4228.95 | ₩17500.00 | x |
| 2022-12-31 | ₩3276.24 | ₩17500.00 | x |
| 2023-12-31 | ₩4630.24 | ₩17500.00 | x |
| 2024-12-31 | ₩5997.15 | ₩17500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AnaPass 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): 24.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.88%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 1.62x
- Recent ROE (24.76%) is above the historical average (-27.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.58% | 8.54% | 1.08x | 1.26x | ₩1.56 Billion |
| 2015 | 2.32% | 2.41% | 0.81x | 1.20x | ₩-7.91 Billion |
| 2016 | -33.20% | -25.59% | 1.00x | 1.30x | ₩-33.06 Billion |
| 2017 | 0.89% | 0.78% | 0.90x | 1.27x | ₩-6.92 Billion |
| 2018 | -6.08% | -8.18% | 0.55x | 1.34x | ₩-11.14 Billion |
| 2019 | -40.23% | -36.51% | 0.49x | 2.26x | ₩-27.73 Billion |
| 2020 | -262.18% | -48.52% | 1.09x | 4.97x | ₩-50.85 Billion |
| 2021 | 26.17% | 26.15% | 0.45x | 2.22x | ₩7.82 Billion |
| 2022 | -34.67% | -30.30% | 0.42x | 2.73x | ₩-16.90 Billion |
| 2023 | 4.98% | 3.75% | 0.64x | 2.08x | ₩-2.70 Billion |
| 2024 | 24.76% | 9.88% | 1.55x | 1.62x | ₩10.73 Billion |
Industry Comparison
This section compares AnaPass Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $841,359,128,254
- Average return on equity (ROE) among peers: 1.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AnaPass Inc (123860) | ₩83.46 Billion | 11.58% | 0.60x | $143.78 Million |
| SK Hynix Inc (000660) | $6.28 Trillion | 29.44% | 0.70x | $467.91 Billion |
| DB HiTek Co Ltd (000990) | $290.89 Billion | 0.00% | 2.98x | $4.23 Billion |
| Kec Holdings (006200) | $120.64 Billion | 0.95% | 0.64x | $23.81 Million |
| Charm Engine (009310) | $69.75 Billion | -32.92% | 8.52x | $60.90 Million |
| Auk Corp (017900) | $206.15 Billion | 1.41% | 0.16x | $345.06 Million |
| SFA Semicon Co. Ltd (036540) | $203.85 Billion | -8.88% | 2.99x | $922.27 Million |
| Simmtech Holdings Co. Ltd (036710) | $136.42 Billion | 51.86% | 2.36x | $130.17 Million |
| Fine Semitech Corp (036810) | $239.77 Billion | -5.65% | 0.71x | $586.42 Million |
| Seoul Semiconductor Co. Ltd (046890) | $729.71 Billion | 6.80% | 1.07x | $630.83 Million |
| Kona I Co.Ltd (052400) | $138.03 Billion | -26.71% | 0.43x | $530.34 Million |
About AnaPass Inc
Anapass, Inc. operates as a SoC semiconductor provider in the display market in South Korea. The company offers Timing Controller (TCON) Embedded Driver ICs that operates and controls smartphone display panels by integrating the functions of the panel timing control, memory, source driver, power control, LTPS, and gamma, etc.; TCONs, an IC that delivers the video signal from the application proce… Read more