DigiCAP Co. Ltd
DigiCAP Co., Ltd. provides digital content protection and rights management solutions in South Korea and internationally. It offers security solutions, including Conditional Access System, a revenue security solution, which allows broadcast reception only to authorized subscribers; Scrambler, a solution that encrypts digital broadcast contents; XCAS/iCAS, a downloadable conditional access solutio… Read more
DigiCAP Co. Ltd (197140) - Net Assets
Latest net assets as of September 2025: ₩56.51 Billion KRW
Based on the latest financial reports, DigiCAP Co. Ltd (197140) has net assets worth ₩56.51 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 (₩72.20 Billion) and total liabilities (₩15.68 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 | ₩56.51 Billion |
| % of Total Assets | 78.28% |
| Annual Growth Rate | 25.19% |
| 5-Year Change | 67.13% |
| 10-Year Change | N/A |
| Growth Volatility | 23.59 |
DigiCAP Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how DigiCAP Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DigiCAP Co. Ltd (2016–2024)
The table below shows the annual net assets of DigiCAP Co. Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩57.53 Billion | +34.47% |
| 2023-12-31 | ₩42.78 Billion | -3.50% |
| 2022-12-31 | ₩44.33 Billion | -0.88% |
| 2021-12-31 | ₩44.73 Billion | +29.94% |
| 2020-12-31 | ₩34.42 Billion | +18.42% |
| 2019-12-31 | ₩29.07 Billion | +16.70% |
| 2018-12-31 | ₩24.91 Billion | +55.31% |
| 2017-12-31 | ₩16.04 Billion | +68.23% |
| 2016-12-31 | ₩9.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DigiCAP 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 grown by 65.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩10.20 Billion | 17.73% |
| Common Stock | ₩6.51 Billion | 11.31% |
| Other Components | ₩40.82 Billion | 70.96% |
| Total Equity | ₩57.53 Billion | 100.00% |
DigiCAP Co. Ltd Competitors by Market Cap
The table below lists competitors of DigiCAP Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Check Cap Ltd
NASDAQ:CHEK
|
$9.42 Million |
|
BPM Minerals Ltd
AU:BPM
|
$9.42 Million |
|
Fujikon Industrial Holdings Limited
F:FUK
|
$9.43 Million |
|
ZOO DIGITAL GRP LS -01
F:2ZD
|
$9.43 Million |
|
EDA Group Holdings Limited
F:7OZ
|
$9.42 Million |
|
JV SPAC Acquisition Corp. Class A Ordinary Share
NASDAQ:JVSA
|
$9.41 Million |
|
Transworld Shipping Lines Limited
NSE:TRANSWORLD
|
$9.41 Million |
|
Iron Road Limited
PINK:IRNRF
|
$9.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DigiCAP Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,339,595,010 to 57,526,644,400, a change of 15,187,049,390 (35.9%).
- Net income of 1,139,832,960 contributed positively to equity growth.
- Share repurchases of 14,809,459,030 reduced equity.
- New share issuances of 14,809,459,030 increased equity.
- Other factors increased equity by 14,047,216,430.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.14 Billion | +1.98% |
| Share Repurchases | ₩14.81 Billion | -25.74% |
| Share Issuances | ₩14.81 Billion | +25.74% |
| Other Changes | ₩14.05 Billion | +24.42% |
| Total Change | ₩- | 35.87% |
Book Value vs Market Value Analysis
This analysis compares DigiCAP 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: 0.45x
- 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 decreased from 1.14x to 0.45x 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 | ₩1763.83 | ₩2010.00 | x |
| 2017-12-31 | ₩2967.36 | ₩2010.00 | x |
| 2018-12-31 | ₩3637.65 | ₩2010.00 | x |
| 2019-12-31 | ₩3972.71 | ₩2010.00 | x |
| 2020-12-31 | ₩4692.61 | ₩2010.00 | x |
| 2021-12-31 | ₩4913.74 | ₩2010.00 | x |
| 2022-12-31 | ₩4798.65 | ₩2010.00 | x |
| 2023-12-31 | ₩4574.10 | ₩2010.00 | x |
| 2024-12-31 | ₩4420.65 | ₩2010.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DigiCAP 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): 1.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.56%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.29x
- Recent ROE (1.98%) is below the historical average (3.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.93% | 6.75% | 0.65x | 1.80x | ₩-197.32 Million |
| 2017 | 12.75% | 12.54% | 0.56x | 1.83x | ₩441.25 Million |
| 2018 | 4.55% | 6.28% | 0.49x | 1.48x | ₩-1.36 Billion |
| 2019 | 4.38% | 5.34% | 0.49x | 1.68x | ₩-1.63 Billion |
| 2020 | 3.32% | 3.48% | 0.59x | 1.61x | ₩-2.30 Billion |
| 2021 | 0.16% | 0.26% | 0.46x | 1.40x | ₩-4.40 Billion |
| 2022 | 2.16% | 3.71% | 0.48x | 1.21x | ₩-3.48 Billion |
| 2023 | -7.78% | -22.04% | 0.30x | 1.19x | ₩-7.53 Billion |
| 2024 | 1.98% | 3.56% | 0.43x | 1.29x | ₩-4.61 Billion |
Industry Comparison
This section compares DigiCAP Co. Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $45,786,090,292
- Average return on equity (ROE) among peers: -4.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DigiCAP Co. Ltd (197140) | ₩56.51 Billion | 7.93% | 0.28x | $9.42 Million |
| Douzone Bizon Co Ltd (012510) | $82.16 Billion | 20.47% | 1.34x | $1.46 Billion |
| NuriFlex Co.Ltd (040160) | $60.32 Billion | 2.29% | 0.53x | $46.47 Million |
| Raonsecure Co. Ltd (042510) | $50.48 Billion | 7.96% | 0.42x | $39.59 Million |
| Osangjaiel Co. Ltd (053980) | $35.39 Billion | 4.33% | 0.74x | $26.27 Million |
| Emro Inc. (058970) | $11.53 Billion | 8.73% | 1.15x | $159.67 Million |
| LONGTU KOREA Inc (060240) | $3.59 Billion | 0.00% | 5.53x | $3.02 Million |
| Younglimwon Soft Lab Co. Ltd. (060850) | $4.11 Billion | -86.33% | 4.58x | $23.73 Million |
| Gemvaxlink Co. Ltd (064800) | $169.44 Billion | -11.42% | 0.21x | $44.93 Million |
| 088340 (088340) | $8.99 Billion | 9.77% | 1.57x | $20.38 Million |
| Mobileleader Co.Ltd (100030) | $31.85 Billion | 0.00% | 0.11x | $19.75 Million |