SIMMTECH Co. Ltd (222800) - Net Assets

Latest as of September 2025: ₩511.83 Billion KRW ≈ $346.86 Million USD

Based on the latest financial reports, SIMMTECH Co. Ltd (222800) has net assets worth ₩511.83 Billion KRW (≈ $346.86 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 (₩1.52 Trillion ≈ $1.03 Billion USD) and total liabilities (₩1.01 Trillion ≈ $686.55 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 222800 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of SIMMTECH Co. Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see SIMMTECH Co. Ltd market cap and net worth.

Year Net Assets Change
2024-12-31 ₩448.48 Billion
≈ $303.93 Million
-4.31%
2023-12-31 ₩468.67 Billion
≈ $317.61 Million
-23.23%
2022-12-31 ₩610.51 Billion
≈ $413.73 Million
+60.96%
2021-12-31 ₩379.28 Billion
≈ $257.04 Million
+31.75%
2020-12-31 ₩287.88 Billion
≈ $195.09 Million
+77.16%
2019-12-31 ₩162.50 Billion
≈ $110.12 Million
-23.62%
2018-12-31 ₩212.76 Billion
≈ $144.18 Million
+1.78%
2017-12-31 ₩209.04 Billion
≈ $141.67 Million
+16.94%
2016-12-31 ₩178.76 Billion
≈ $121.15 Million
+15.41%
2015-12-31 ₩154.89 Billion
≈ $104.97 Million
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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
Ningbo ZhongDa Leader Intelligent Transmission Co Ltd
SHE:002896
$2.02 Billion
Pegasus Hava Tasimaciligi AS
IS:PGSUS
$2.02 Billion
Triumph Group Inc
NYSE:TGI
$2.02 Billion
Goodyear Tire & Rubber Co
NASDAQ:GT
$2.02 Billion
Motorcomm Electronic Technology Co. Ltd. A
SHG:688515
$2.02 Billion
BWP Trust
AU:BWP
$2.02 Billion
Kardex
SW:KARN
$2.02 Billion
Atkore International Group Inc
NYSE:ATKR
$2.02 Billion

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: 6.19x
  • 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 11.42x to 6.19x 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 ₩87000.00 x
2017-12-31 ₩8197.74 ₩87000.00 x
2018-12-31 ₩8343.38 ₩87000.00 x
2019-12-31 ₩6685.85 ₩87000.00 x
2020-12-31 ₩8842.58 ₩87000.00 x
2021-12-31 ₩11910.01 ₩87000.00 x
2022-12-31 ₩19170.79 ₩87000.00 x
2023-12-31 ₩14716.95 ₩87000.00 x
2024-12-31 ₩14043.88 ₩87000.00 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: $841,359,128,254
  • Average return on equity (ROE) among peers: 1.63%

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 $2.02 Billion
SK Hynix Inc (000660) $6.28 Trillion 29.44% 0.70x $467.91 Billion
DB HiTek Co Ltd (000990) $290.89 Billion 0.00% 2.98x $4.23 Billion
Kec Holdings (006200) $120.64 Billion 0.95% 0.64x $23.81 Million
Charm Engine (009310) $69.75 Billion -32.92% 8.52x $60.90 Million
Auk Corp (017900) $206.15 Billion 1.41% 0.16x $345.06 Million
SFA Semicon Co. Ltd (036540) $203.85 Billion -8.88% 2.99x $922.27 Million
Simmtech Holdings Co. Ltd (036710) $136.42 Billion 51.86% 2.36x $130.17 Million
Fine Semitech Corp (036810) $239.77 Billion -5.65% 0.71x $586.42 Million
Seoul Semiconductor Co. Ltd (046890) $729.71 Billion 6.80% 1.07x $630.83 Million
Kona I Co.Ltd (052400) $138.03 Billion -26.71% 0.43x $530.34 Million

About SIMMTECH Co. Ltd

KQ:222800 Korea Semiconductors
Market Cap
$2.02 Billion
₩2.98 Trillion KRW
Market Cap Rank
#6215 Global
#160 in Korea
Share Price
₩87000.00
Change (1 day)
-2.58%
52-Week Range
₩15930.00 - ₩89300.00
All Time High
₩89300.00
About

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