Solueta Co Ltd (154040) - Net Assets
Based on the latest financial reports, Solueta Co Ltd (154040) has net assets worth ₩51.31 Billion KRW (≈ $34.77 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 (₩82.28 Billion ≈ $55.76 Million USD) and total liabilities (₩30.97 Billion ≈ $20.99 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 balance sheet size of Solueta Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩51.31 Billion |
| % of Total Assets | 62.36% |
| Annual Growth Rate | -1.41% |
| 5-Year Change | 19.61% |
| 10-Year Change | -29.03% |
| Growth Volatility | 41.99 |
Solueta Co Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Solueta Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 154040 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Solueta Co Ltd (2013–2025)
The table below shows the annual net assets of Solueta Co Ltd from 2013 to 2025. For live valuation and market cap data, see Solueta Co Ltd (154040) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩52.58 Billion ≈ $35.63 Million |
+34.61% |
| 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 1087.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩55.20 Billion | 104.99% |
| Total Equity | ₩52.58 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 |
|---|---|
|
Hammer Metals Limited
F:6HM
|
$9.82 Million |
|
Orgenesis Inc
NASDAQ:ORGS
|
$9.83 Million |
|
SKY E&M Co. Ltd
KQ:131100
|
$9.83 Million |
|
Opus One Resources Inc
V:OOR
|
$9.83 Million |
|
Akora Resources Ltd
AU:AKO
|
$9.82 Million |
|
Medicure Inc
V:MPH
|
$9.81 Million |
|
Cenntro Electric Group Ltd
NASDAQ:CENN
|
$9.80 Million |
|
BioLine RX Ltd
TA:BLRX
|
$9.80 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 2024 to 2025, total equity changed from 39,062,526,000 to 52,582,262,540, a change of 13,519,736,540 (34.6%).
- Net income of 12,165,878,780 contributed positively to equity growth.
- Other factors increased equity by 1,353,857,760.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩12.17 Billion | +23.14% |
| Other Changes | ₩1.35 Billion | +2.57% |
| Total Change | ₩- | 34.61% |
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: 0.28x
- 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 0.12x to 0.28x 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 | ₩807.00 | x |
| 2017-12-31 | ₩6538.38 | ₩807.00 | x |
| 2018-12-31 | ₩5203.76 | ₩807.00 | x |
| 2019-12-31 | ₩4924.08 | ₩807.00 | x |
| 2020-12-31 | ₩4157.46 | ₩807.00 | x |
| 2021-12-31 | ₩3179.87 | ₩807.00 | x |
| 2022-12-31 | ₩2010.51 | ₩807.00 | x |
| 2023-12-31 | ₩3322.19 | ₩807.00 | x |
| 2024-12-31 | ₩2176.17 | ₩807.00 | x |
| 2025-12-31 | ₩2929.36 | ₩807.00 | 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): 23.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.75%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.57x
- Recent ROE (23.14%) is above the historical average (2.79%), indicating improving 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 |
| 2025 | 23.14% | 38.75% | 0.38x | 1.57x | ₩6.91 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: $303,196,561,799
- Average return on equity (ROE) among peers: 3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solueta Co Ltd (154040) | ₩51.31 Billion | 27.99% | 0.60x | $9.82 Million |
| YoungPoong (000670) | $1.10 Trillion | 12.78% | 0.68x | $426.70 Million |
| Sam Hwa Capaci (001820) | $32.52 Billion | 0.00% | 2.14x | $518.05 Million |
| Samick Music I (002450) | $260.65 Billion | 5.79% | 1.00x | $57.04 Million |
| Hansol Technics (004710) | $170.33 Billion | -14.81% | 1.48x | $147.34 Million |
| Sunny Elec (004770) | $33.97 Billion | 0.00% | 0.72x | $38.98 Million |
| Samyoung Elec (005680) | $338.45 Billion | 3.51% | 0.34x | $168.06 Million |
| PJ Electronics Co. Ltd (006140) | $132.71 Billion | 6.95% | 0.45x | $45.99 Million |
| Seondo Electric Co., Ltd. (007610) | $44.54 Billion | 8.21% | 0.26x | $44.39 Million |
| Isupetasys (007660) | $162.31 Billion | 4.81% | 1.03x | $3.71 Billion |
| Korea Circuit Co. Ltd. (007810) | $751.61 Billion | 9.13% | 0.72x | $746.81 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