NH SPAC 8 (218410) - Net Assets
Based on the latest financial reports, NH SPAC 8 (218410) has net assets worth ₩372.91 Billion KRW (≈ $252.72 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 (₩502.77 Billion ≈ $340.72 Million USD) and total liabilities (₩129.85 Billion ≈ $88.00 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 218410 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩372.91 Billion |
| % of Total Assets | 74.17% |
| Annual Growth Rate | 50.76% |
| 5-Year Change | 81.66% |
| 10-Year Change | N/A |
| Growth Volatility | 265.11 |
NH SPAC 8 - Net Assets Trend (2016–2024)
This chart illustrates how NH SPAC 8's net assets have evolved over time, based on quarterly financial data. Also explore NH SPAC 8 asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for NH SPAC 8 (2016–2024)
The table below shows the annual net assets of NH SPAC 8 from 2016 to 2024. For live valuation and market cap data, see NH SPAC 8 (218410) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩357.96 Billion ≈ $242.58 Million |
+9.04% |
| 2023-12-31 | ₩328.28 Billion ≈ $222.47 Million |
+20.83% |
| 2022-12-31 | ₩271.68 Billion ≈ $184.11 Million |
-3.07% |
| 2021-12-31 | ₩280.27 Billion ≈ $189.94 Million |
+42.23% |
| 2020-12-31 | ₩197.05 Billion ≈ $133.54 Million |
-1.04% |
| 2019-12-31 | ₩199.12 Billion ≈ $134.94 Million |
+27.16% |
| 2018-12-31 | ₩156.58 Billion ≈ $106.11 Million |
+27.18% |
| 2017-12-31 | ₩123.12 Billion ≈ $83.44 Million |
+817.93% |
| 2016-12-31 | ₩13.41 Billion ≈ $9.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NH SPAC 8'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 78139.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩127.16 Billion | 41.16% |
| Other Components | ₩181.78 Billion | 58.84% |
| Total Equity | ₩308.94 Billion | 100.00% |
NH SPAC 8 Competitors by Market Cap
The table below lists competitors of NH SPAC 8 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flight Centre Travel Group Ltd
AU:FLT
|
$1.50 Billion |
|
Yantai China Pet Foods Co Ltd
SHE:002891
|
$1.50 Billion |
|
SM Entertainment Co. Ltd
KQ:041510
|
$1.50 Billion |
|
Success Electronics Ltd
SHE:002289
|
$1.50 Billion |
|
Daejoo Electronic Materials Co. Ltd
KQ:078600
|
$1.50 Billion |
|
Universal Technical Institute Inc
NYSE:UTI
|
$1.50 Billion |
|
UFP Technologies Inc
NASDAQ:UFPT
|
$1.50 Billion |
|
Shenzhen MeiG Smart Technology Co Ltd
SHE:002881
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NH SPAC 8's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 287,553,279,000 to 308,937,706,890, a change of 21,384,427,890 (7.4%).
- Net income of 25,659,652,080 contributed positively to equity growth.
- Dividend payments of 2,589,913,400 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩25.66 Billion | +8.31% |
| Dividends Paid | ₩2.59 Billion | -0.84% |
| Other Changes | ₩-1.69 Billion | -0.55% |
| Total Change | ₩- | 7.44% |
Book Value vs Market Value Analysis
This analysis compares NH SPAC 8'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: 7.76x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.84x to 7.76x 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 | ₩9580.30 | ₩94300.00 | x |
| 2017-12-31 | ₩5496.82 | ₩94300.00 | x |
| 2018-12-31 | ₩6806.25 | ₩94300.00 | x |
| 2019-12-31 | ₩8148.24 | ₩94300.00 | x |
| 2020-12-31 | ₩8115.25 | ₩94300.00 | x |
| 2021-12-31 | ₩10674.58 | ₩94300.00 | x |
| 2022-12-31 | ₩10432.49 | ₩94300.00 | x |
| 2023-12-31 | ₩11091.17 | ₩94300.00 | x |
| 2024-12-31 | ₩12152.91 | ₩94300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NH SPAC 8 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): 8.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.34%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.56x
- Recent ROE (8.31%) is above the historical average (5.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.94% | 0.21% | 4.08x | 1.12x | ₩-1.22 Billion |
| 2017 | 4.99% | 9.89% | 0.40x | 1.26x | ₩-6.17 Billion |
| 2018 | 15.38% | 22.27% | 0.46x | 1.50x | ₩8.42 Billion |
| 2019 | 10.02% | 18.52% | 0.41x | 1.31x | ₩44.59 Million |
| 2020 | 1.03% | 2.87% | 0.23x | 1.58x | ₩-17.68 Billion |
| 2021 | 2.15% | 5.94% | 0.23x | 1.59x | ₩-22.00 Billion |
| 2022 | 1.03% | 2.58% | 0.23x | 1.74x | ₩-24.38 Billion |
| 2023 | 6.06% | 15.65% | 0.22x | 1.77x | ₩-11.32 Billion |
| 2024 | 8.31% | 22.34% | 0.24x | 1.56x | ₩-5.23 Billion |
Industry Comparison
This section compares NH SPAC 8's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $100,415,805,899
- Average return on equity (ROE) among peers: 3.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NH SPAC 8 (218410) | ₩372.91 Billion | 0.94% | 0.35x | $1.50 Billion |
| PSK HOLDINGS Inc (031980) | $134.19 Billion | 8.61% | 0.17x | $459.89 Million |
| Fidelix Co. Ltd (032580) | $29.49 Billion | 12.01% | 1.19x | $22.13 Million |
| Cloud Air Co.Ltd (036170) | $84.27 Billion | -13.72% | 0.25x | $148.12 Million |
| UNISEM Co. Ltd (036200) | $58.37 Billion | 4.17% | 0.73x | $225.30 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $169.21 Billion | 0.00% | 0.26x | $4.12 Billion |
| Lumens Co. Ltd (038060) | $221.56 Billion | -2.75% | 0.53x | $37.16 Million |
| iA Inc (038880) | $91.84 Billion | 14.29% | 0.56x | $149.31 Million |
| meerecompany Incorporated (049950) | $70.94 Billion | 18.07% | 0.57x | $79.45 Million |
| I&C Technology Co. Ltd (052860) | $42.66 Billion | -12.82% | 0.52x | $66.41 Million |
| KMH Hitech Co. Ltd (052900) | $101.62 Billion | 4.69% | 0.78x | $37.41 Million |
About NH SPAC 8
RFHIC Corporation designs and manufactures radio frequency (RF) and microwave components for wireless infrastructure, commercial and military radar, and industrial/scientific/medical industries in South Korea and internationally. The company's products include RF power transistors comprising gallium nitride (GaN) on SiC transistors; GaN and GaAs MMICs, and active dividers; power amplifiers, such … Read more