Solueta Co Ltd (154040) - Net Assets
Based on the latest financial reports, Solueta Co Ltd (154040) has net assets worth ₩62.17 Billion KRW (≈ $42.13 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 (₩93.70 Billion ≈ $63.50 Million USD) and total liabilities (₩31.52 Billion ≈ $21.36 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 154040 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩62.17 Billion |
| % of Total Assets | 66.36% |
| Annual Growth Rate | -4.16% |
| 5-Year Change | -27.61% |
| 10-Year Change | -48.89% |
| Growth Volatility | 42.85 |
Solueta Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Solueta Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Solueta Co Ltd (154040) total assets for the complete picture of this company's asset base.
Annual Net Assets for Solueta Co Ltd (2013–2024)
The table below shows the annual net assets of Solueta Co Ltd from 2013 to 2024. For live valuation and market cap data, see 154040 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩39.06 Billion ≈ $26.47 Million |
-44.33% |
| 2023-12-31 | ₩70.17 Billion ≈ $47.55 Million |
+127.89% |
| 2022-12-31 | ₩30.79 Billion ≈ $20.87 Million |
-29.96% |
| 2021-12-31 | ₩43.96 Billion ≈ $29.79 Million |
-18.53% |
| 2020-12-31 | ₩53.96 Billion ≈ $36.57 Million |
-15.57% |
| 2019-12-31 | ₩63.92 Billion ≈ $43.31 Million |
+1.62% |
| 2018-12-31 | ₩62.90 Billion ≈ $42.62 Million |
-12.76% |
| 2017-12-31 | ₩72.10 Billion ≈ $48.86 Million |
-2.70% |
| 2016-12-31 | ₩74.09 Billion ≈ $50.21 Million |
-3.05% |
| 2015-12-31 | ₩76.42 Billion ≈ $51.79 Million |
+14.65% |
| 2014-12-31 | ₩66.66 Billion ≈ $45.17 Million |
+6.94% |
| 2013-12-31 | ₩62.33 Billion ≈ $42.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Solueta Co Ltd'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 5668.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩53.85 Billion | 137.86% |
| Total Equity | ₩39.06 Billion | 100.00% |
Solueta Co Ltd Competitors by Market Cap
The table below lists competitors of Solueta Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cloudastructure, Inc. Class A Common Stock
NASDAQ:CSAI
|
$14.87 Million |
|
Xenora Minerals Ltd
AU:XRA
|
$14.87 Million |
|
Boule Diagnostics AB
ST:BOUL
|
$14.88 Million |
|
INNO-GENE SA ZY -10
F:WQ3
|
$14.88 Million |
|
Redcastle Resources Ltd
AU:RC1
|
$14.86 Million |
|
Capital Engineering Network Public Company Limited
BK:CEN
|
$14.86 Million |
|
Applied Therapeutics Inc
NASDAQ:APLT
|
$14.86 Million |
|
GigaMedia Limited
F:GIFN
|
$14.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solueta Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,633,684,070 to 39,062,526,750, a change of -20,571,157,320 (-34.5%).
- Net loss of 19,863,906,140 reduced equity.
- Other factors decreased equity by 707,251,180.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-19.86 Billion | -50.85% |
| Other Changes | ₩-707.25 Million | -1.81% |
| Total Change | ₩- | -34.50% |
Book Value vs Market Value Analysis
This analysis compares Solueta Co Ltd'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: 0.56x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.18x to 0.56x 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 | ₩6719.57 | ₩1222.00 | x |
| 2017-12-31 | ₩6538.38 | ₩1222.00 | x |
| 2018-12-31 | ₩5203.76 | ₩1222.00 | x |
| 2019-12-31 | ₩4924.08 | ₩1222.00 | x |
| 2020-12-31 | ₩4157.46 | ₩1222.00 | x |
| 2021-12-31 | ₩3179.87 | ₩1222.00 | x |
| 2022-12-31 | ₩2010.51 | ₩1222.00 | x |
| 2023-12-31 | ₩3322.19 | ₩1222.00 | x |
| 2024-12-31 | ₩2176.17 | ₩1222.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solueta Co Ltd 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): -50.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -56.06%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.14x
- Recent ROE (-50.85%) is below the historical average (1.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 27.99% | 17.43% | 1.17x | 1.38x | ₩11.22 Billion |
| 2014 | 4.13% | 3.19% | 1.10x | 1.17x | ₩-3.91 Billion |
| 2015 | 12.28% | 13.43% | 0.78x | 1.18x | ₩1.74 Billion |
| 2016 | -4.65% | -2.46% | 0.85x | 2.23x | ₩-10.86 Billion |
| 2017 | 0.01% | 0.01% | 0.76x | 2.84x | ₩-7.20 Billion |
| 2018 | -21.76% | -6.02% | 1.07x | 3.37x | ₩-19.98 Billion |
| 2019 | -4.07% | -1.01% | 1.38x | 2.91x | ₩-8.99 Billion |
| 2020 | -18.17% | -4.33% | 1.16x | 3.62x | ₩-15.20 Billion |
| 2021 | 13.30% | 4.35% | 0.83x | 3.69x | ₩1.45 Billion |
| 2022 | 13.07% | 2.55% | 1.04x | 4.92x | ₩946.40 Million |
| 2023 | 41.91% | 79.82% | 0.17x | 3.06x | ₩19.03 Billion |
| 2024 | -50.85% | -56.06% | 0.42x | 2.14x | ₩-23.77 Billion |
Industry Comparison
This section compares Solueta Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $246,971,527,160
- Average return on equity (ROE) among peers: 3.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solueta Co Ltd (154040) | ₩62.17 Billion | 27.99% | 0.51x | $14.87 Million |
| YoungPoong (000670) | $563.52 Billion | 9.35% | 0.86x | $842.17 Million |
| Sam Hwa Capaci (001820) | $225.43 Billion | 12.93% | 0.28x | $475.64 Million |
| Samick Music I (002450) | $-20.69 Billion | 0.00% | 0.00x | $63.58 Million |
| Hansol Technics (004710) | $107.62 Billion | 8.59% | 1.14x | $175.87 Million |
| Sunny Elec (004770) | $28.76 Billion | 2.99% | 0.13x | $44.28 Million |
| Samyoung Elec (005680) | $521.76 Billion | 3.48% | 0.03x | $202.83 Million |
| PJ Electronics Co. Ltd (006140) | $132.71 Billion | 6.95% | 0.45x | $72.43 Million |
| Isupetasys (007660) | $89.46 Billion | 3.89% | 0.59x | $7.41 Billion |
| Korea Circuit Co. Ltd. (007810) | $139.96 Billion | 4.43% | 0.77x | $1.49 Billion |
| Korea Circuit Co Ltd (007815) | $681.20 Billion | -18.48% | 0.84x | $44.20 Million |
About Solueta Co Ltd
Dasan Solueta Co.,Ltd. operates as a electromagnetic shielding material company in Korea and internationally. The company offers EMI/EMC solutions, including electromagnetic wave absorber, and EMI gasket, as well as conductive fabric and black, and conductive cushion tapes; thermal spread tapes and full length head lamps; and bezel foam and high adhesive tapes. Its products are used in various ap… Read more