SIMMTECH Co. Ltd
SIMMTECH Co., Ltd. engages in the developing and manufacturing of high-layer printed circuit boards (PCBs) for semiconductors worldwide. The company offers solid state drive module PCBs for notebook and desktop PC, server, computer, etc.; memory module PCBs, such as dual inline memory module (DIMM), small outline DIMM, and registered DIMM for Desktop PC, notebook PC, workstation, server, etc.; mu… Read more
SIMMTECH Co. Ltd (222800) - Net Assets
Latest net assets as of September 2025: ₩511.83 Billion KRW
Based on the latest financial reports, SIMMTECH Co. Ltd (222800) has net assets worth ₩511.83 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 (₩1.52 Trillion) and total liabilities (₩1.01 Trillion). 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 | ₩511.83 Billion |
| % of Total Assets | 33.56% |
| Annual Growth Rate | 12.54% |
| 5-Year Change | 55.78% |
| 10-Year Change | N/A |
| Growth Volatility | 32.87 |
SIMMTECH Co. Ltd - Net Assets Trend (2015–2024)
This chart illustrates how SIMMTECH 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 SIMMTECH Co. Ltd (2015–2024)
The table below shows the annual net assets of SIMMTECH Co. Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩448.48 Billion | -4.31% |
| 2023-12-31 | ₩468.67 Billion | -23.23% |
| 2022-12-31 | ₩610.51 Billion | +60.96% |
| 2021-12-31 | ₩379.28 Billion | +31.75% |
| 2020-12-31 | ₩287.88 Billion | +77.16% |
| 2019-12-31 | ₩162.50 Billion | -23.62% |
| 2018-12-31 | ₩212.76 Billion | +1.78% |
| 2017-12-31 | ₩209.04 Billion | +16.94% |
| 2016-12-31 | ₩178.76 Billion | +15.41% |
| 2015-12-31 | ₩154.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SIMMTECH 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 3970.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩298.62 Billion | 66.77% |
| Common Stock | ₩17.08 Billion | 3.82% |
| Other Components | ₩131.54 Billion | 29.41% |
| Total Equity | ₩447.24 Billion | 100.00% |
SIMMTECH Co. Ltd Competitors by Market Cap
The table below lists competitors of SIMMTECH Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evolv Technologies Holdings Inc
NASDAQ:EVLV
|
$879.63 Million |
|
Zee Entertainment Enterprises Limited
NSE:ZEEL
|
$879.91 Million |
|
Sonic Automotive Inc
NYSE:SAH
|
$879.99 Million |
|
AutoStore Holdings Ltd
OL:AUTO
|
$880.18 Million |
|
Gujarat State Petronet Limited
NSE:GSPL
|
$879.26 Million |
|
Hiconics Drive Tech Co
SHE:300048
|
$879.16 Million |
|
Sino Wealth Electronic Ltd
SHE:300327
|
$878.85 Million |
|
CareDx Inc
NASDAQ:CDNA
|
$878.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SIMMTECH Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 468,674,334,580 to 447,239,736,950, a change of -21,434,597,630 (-4.6%).
- Net loss of 30,343,428,480 reduced equity.
- Dividend payments of 5,095,340,320 reduced retained earnings.
- Share repurchases of 20,000,000,000 reduced equity.
- Other factors increased equity by 34,004,171,170.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-30.34 Billion | -6.78% |
| Dividends Paid | ₩5.10 Billion | -1.14% |
| Share Repurchases | ₩20.00 Billion | -4.47% |
| Other Changes | ₩34.00 Billion | +7.6% |
| Total Change | ₩- | -4.57% |
Book Value vs Market Value Analysis
This analysis compares SIMMTECH 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: 4.02x
- 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 7.41x to 4.02x 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 | ₩7620.51 | ₩56500.00 | x |
| 2017-12-31 | ₩8197.74 | ₩56500.00 | x |
| 2018-12-31 | ₩8343.38 | ₩56500.00 | x |
| 2019-12-31 | ₩6685.85 | ₩56500.00 | x |
| 2020-12-31 | ₩8842.58 | ₩56500.00 | x |
| 2021-12-31 | ₩11910.01 | ₩56500.00 | x |
| 2022-12-31 | ₩19170.79 | ₩56500.00 | x |
| 2023-12-31 | ₩14716.95 | ₩56500.00 | x |
| 2024-12-31 | ₩14043.88 | ₩56500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SIMMTECH 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): -6.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.46%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 3.23x
- Recent ROE (-6.78%) is below the historical average (7.00%), 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 | 6.73% | 2.63% | 0.72x | 3.55x | ₩-5.06 Billion |
| 2016 | 16.30% | 3.68% | 1.32x | 3.36x | ₩11.26 Billion |
| 2017 | 7.61% | 1.96% | 1.11x | 3.48x | ₩-5.00 Billion |
| 2018 | 2.34% | 0.49% | 1.24x | 3.82x | ₩-16.29 Billion |
| 2019 | -22.51% | -3.66% | 1.19x | 5.17x | ₩-52.83 Billion |
| 2020 | 19.65% | 4.71% | 1.54x | 2.71x | ₩27.79 Billion |
| 2021 | 30.90% | 8.58% | 1.59x | 2.26x | ₩79.26 Billion |
| 2022 | 40.26% | 14.48% | 1.34x | 2.07x | ₩184.77 Billion |
| 2023 | -24.51% | -11.02% | 0.89x | 2.51x | ₩-161.73 Billion |
| 2024 | -6.78% | -2.46% | 0.85x | 3.23x | ₩-75.07 Billion |
Industry Comparison
This section compares SIMMTECH Co. Ltd's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $4,884,693,441,806
- Average return on equity (ROE) among peers: 9.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SIMMTECH Co. Ltd (222800) | ₩511.83 Billion | 6.73% | 1.98x | $879.62 Million |
| SK Hynix Inc (000660) | $46.85 Trillion | 33.17% | 0.36x | $359.51 Billion |
| DB HiTek Co Ltd (000990) | $375.96 Billion | 10.99% | 1.60x | $1.65 Billion |
| Charm Engine (009310) | $103.16 Billion | 14.91% | 1.03x | $6.17 Million |
| Auk Corp (017900) | $78.53 Billion | 4.40% | 1.19x | $27.81 Million |
| SFA Semicon Co. Ltd (036540) | $455.60 Billion | 9.42% | 0.48x | $348.99 Million |
| Fine Semitech Corp (036810) | $239.77 Billion | -5.65% | 0.71x | $388.60 Million |
| Seoul Semiconductor Co. Ltd (046890) | $187.09 Billion | 9.45% | 0.31x | $285.72 Million |
| Kona I Co.Ltd (052400) | $82.57 Billion | -11.14% | 2.49x | $351.95 Million |
| Telechips Inc (054450) | $246.20 Billion | 25.44% | 0.52x | $90.74 Million |
| APS Holdings Corporation (054620) | $225.71 Billion | -0.59% | 0.83x | $45.27 Million |