Microfriend Inc
Micro Friend Inc. produces and sells semiconductor inspection equipment in South Korea and internationally. The company offers probe cards, an interface equipment that connects prober and tester to test water function. It also provides vertical micro electro mechanical system (MEMS), 2D MEMS, and 3D MEMS springs; non-memory probe card, including application processor, CMOS image sensor, and liqui… Read more
Microfriend Inc (147760) - Net Assets
Latest net assets as of September 2025: ₩19.30 Billion KRW
Based on the latest financial reports, Microfriend Inc (147760) has net assets worth ₩19.30 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩56.86 Billion) and total liabilities (₩37.56 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩19.30 Billion |
| % of Total Assets | 33.94% |
| Annual Growth Rate | 3.42% |
| 5-Year Change | -35.27% |
| 10-Year Change | N/A |
| Growth Volatility | 31.23 |
Microfriend Inc - Net Assets Trend (2015–2024)
This chart illustrates how Microfriend Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Microfriend Inc (2015–2024)
The table below shows the annual net assets of Microfriend Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩30.93 Billion | -31.78% |
| 2023-12-31 | ₩45.34 Billion | -14.40% |
| 2022-12-31 | ₩52.97 Billion | -4.89% |
| 2021-12-31 | ₩55.70 Billion | +16.54% |
| 2020-12-31 | ₩47.79 Billion | +16.20% |
| 2019-12-31 | ₩41.13 Billion | -10.68% |
| 2018-12-31 | ₩46.05 Billion | -4.14% |
| 2017-12-31 | ₩48.04 Billion | +13.91% |
| 2016-12-31 | ₩42.17 Billion | +84.55% |
| 2015-12-31 | ₩22.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Microfriend 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 687352231000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩5.41 Billion | 17.49% |
| Other Components | ₩43.93 Billion | 142.00% |
| Total Equity | ₩30.93 Billion | 100.00% |
Microfriend Inc Competitors by Market Cap
The table below lists competitors of Microfriend Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harrisons Malayalam Limited
NSE:HARRMALAYA
|
$13.65 Million |
|
Bayview Acquisition Corp Class A Ordinary Shares
NASDAQ:BAYA
|
$13.66 Million |
|
Steel Hawk Berhad
KLSE:0320
|
$13.66 Million |
|
Chin Huay PCL
BK:CH
|
$13.66 Million |
|
Azevedo & Travassos S.A
SA:AZEV3
|
$13.64 Million |
|
United Homes Group Inc.
NASDAQ:UHG
|
$13.63 Million |
|
Hardwyn India Limited
NSE:HARDWYN
|
$13.63 Million |
|
Azorim Investment Development and Construction Co Ltd
TA:AZRM
|
$13.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microfriend Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,342,451,490 to 30,934,647,290, a change of -14,407,804,200 (-31.8%).
- Net loss of 14,229,761,880 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-14.23 Billion | -46.0% |
| Other Changes | ₩-178.04 Million | -0.58% |
| Total Change | ₩- | -31.78% |
Book Value vs Market Value Analysis
This analysis compares Microfriend 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: 1.34x
- 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 0.96x to 1.34x 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 | ₩3963.21 | ₩3820.00 | x |
| 2017-12-31 | ₩4439.86 | ₩3820.00 | x |
| 2018-12-31 | ₩4255.95 | ₩3820.00 | x |
| 2019-12-31 | ₩3801.39 | ₩3820.00 | x |
| 2020-12-31 | ₩4417.08 | ₩3820.00 | x |
| 2021-12-31 | ₩5147.66 | ₩3820.00 | x |
| 2022-12-31 | ₩4895.85 | ₩3820.00 | x |
| 2023-12-31 | ₩4190.67 | ₩3820.00 | x |
| 2024-12-31 | ₩2859.06 | ₩3820.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microfriend 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): -46.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.34%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.94x
- Recent ROE (-46.00%) is below the historical average (-2.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.91% | 6.20% | 1.04x | 1.54x | ₩-19.91 Million |
| 2016 | 11.03% | 10.39% | 0.81x | 1.31x | ₩435.22 Million |
| 2017 | 11.47% | 10.98% | 0.89x | 1.17x | ₩705.53 Million |
| 2018 | -4.05% | -4.60% | 0.66x | 1.34x | ₩-6.47 Billion |
| 2019 | -11.28% | -12.65% | 0.63x | 1.42x | ₩-8.75 Billion |
| 2020 | 13.47% | 12.62% | 0.77x | 1.38x | ₩1.66 Billion |
| 2021 | 14.11% | 12.99% | 0.86x | 1.26x | ₩2.29 Billion |
| 2022 | -10.28% | -14.24% | 0.61x | 1.19x | ₩-10.74 Billion |
| 2023 | -12.24% | -16.80% | 0.48x | 1.51x | ₩-10.09 Billion |
| 2024 | -46.00% | -58.34% | 0.41x | 1.94x | ₩-17.32 Billion |
Industry Comparison
This section compares Microfriend Inc's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $97,387,989,500
- Average return on equity (ROE) among peers: 5.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microfriend Inc (147760) | ₩19.30 Billion | 9.91% | 1.95x | $13.64 Million |
| Fidelix Co. Ltd (032580) | $47.55 Billion | -4.64% | 0.19x | $8.98 Million |
| Cloud Air Co.Ltd (036170) | $123.98 Billion | 4.45% | 0.01x | $66.69 Million |
| UNISEM Co. Ltd (036200) | $199.44 Billion | 9.82% | 0.18x | $135.48 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $114.13 Billion | 6.75% | 1.70x | $1.42 Billion |
| Lumens Co. Ltd (038060) | $97.80 Billion | 4.10% | 0.50x | $20.25 Million |
| meerecompany Incorporated (049950) | $112.91 Billion | 10.59% | 0.18x | $52.60 Million |
| I&C Technology Co. Ltd (052860) | $44.51 Billion | -0.67% | 0.51x | $23.89 Million |
| KMH Hitech Co. Ltd (052900) | $6.44 Billion | 0.00% | 9.67x | $17.04 Million |
| 3S KOREA Co. Ltd (060310) | $42.99 Billion | 0.00% | 0.66x | $38.66 Million |
| Tokai Carbon Korea Co. Ltd (064760) | $184.14 Billion | 25.45% | 0.16x | $761.70 Million |