Innodep Inc. (303530) - Net Assets
Based on the latest financial reports, Innodep Inc. (303530) has net assets worth ₩31.94 Billion KRW (≈ $21.65 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 (₩70.77 Billion ≈ $47.96 Million USD) and total liabilities (₩38.83 Billion ≈ $26.31 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 asset resilience ratio of Innodep Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩31.94 Billion |
| % of Total Assets | 45.14% |
| Annual Growth Rate | 34.96% |
| 5-Year Change | 78.02% |
| 10-Year Change | N/A |
| Growth Volatility | 61.85 |
Innodep Inc. - Net Assets Trend (2018–2024)
This chart illustrates how Innodep Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore 303530 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Innodep Inc. (2018–2024)
The table below shows the annual net assets of Innodep Inc. from 2018 to 2024. For live valuation and market cap data, see 303530 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩37.26 Billion ≈ $25.25 Million |
-4.91% |
| 2023-12-31 | ₩39.18 Billion ≈ $26.55 Million |
-0.20% |
| 2022-12-31 | ₩39.26 Billion ≈ $26.61 Million |
-3.06% |
| 2021-12-31 | ₩40.50 Billion ≈ $27.45 Million |
+93.52% |
| 2020-12-31 | ₩20.93 Billion ≈ $14.18 Million |
+161.35% |
| 2019-12-31 | ₩8.01 Billion ≈ $5.43 Million |
+29.91% |
| 2018-12-31 | ₩6.16 Billion ≈ $4.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Innodep Inc.'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 508018972000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩3.63 Billion | 9.75% |
| Common Stock | ₩3.67 Billion | 9.85% |
| Other Components | ₩29.96 Billion | 80.40% |
| Total Equity | ₩37.26 Billion | 100.00% |
Innodep Inc. Competitors by Market Cap
The table below lists competitors of Innodep Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sin-Kung Logistics Berhad
KLSE:0305
|
$24.10 Million |
|
Avenira Ltd
AU:AEV
|
$24.11 Million |
|
Wing Yip Food (China) Holdings Group Limited
KQ:900340
|
$24.11 Million |
|
Times Guaranty Limited
NSE:TIMESGTY
|
$24.11 Million |
|
Kainos Medicine Inc
KQ:284620
|
$24.10 Million |
|
Bambuser AB
ST:BUSER
|
$24.10 Million |
|
Netgem SA
PA:ALNTG
|
$24.09 Million |
|
UCAL Limited
NSE:UCAL
|
$24.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Innodep Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,183,677,930 to 37,259,493,100, a change of -1,924,184,830 (-4.9%).
- Net loss of 1,543,172,810 reduced equity.
- Other factors decreased equity by 381,012,020.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.54 Billion | -4.14% |
| Other Changes | ₩-381.01 Million | -1.02% |
| Total Change | ₩- | -4.91% |
Book Value vs Market Value Analysis
This analysis compares Innodep Inc.'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: 0.95x
- 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 5.64x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ₩886.91 | ₩5000.00 | x |
| 2019-12-31 | ₩1152.23 | ₩5000.00 | x |
| 2020-12-31 | ₩3013.53 | ₩5000.00 | x |
| 2021-12-31 | ₩5550.13 | ₩5000.00 | x |
| 2022-12-31 | ₩5514.76 | ₩5000.00 | x |
| 2023-12-31 | ₩5509.68 | ₩5000.00 | x |
| 2024-12-31 | ₩5239.12 | ₩5000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Innodep Inc. 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): -4.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.78%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 1.70x
- Recent ROE (-4.14%) is below the historical average (-1.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -52.51% | -9.39% | 1.64x | 3.41x | ₩-3.85 Billion |
| 2019 | 20.64% | 2.72% | 2.32x | 3.27x | ₩851.90 Million |
| 2020 | 24.26% | 7.61% | 1.84x | 1.73x | ₩2.99 Billion |
| 2021 | -2.17% | -1.46% | 1.09x | 1.37x | ₩-4.93 Billion |
| 2022 | 1.43% | 0.74% | 1.38x | 1.42x | ₩-3.36 Billion |
| 2023 | 2.62% | 1.22% | 1.55x | 1.38x | ₩-2.89 Billion |
| 2024 | -4.14% | -1.78% | 1.37x | 1.70x | ₩-5.27 Billion |
Industry Comparison
This section compares Innodep Inc.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,003,645,084,906
- Average return on equity (ROE) among peers: -2.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Innodep Inc. (303530) | ₩31.94 Billion | -52.51% | 1.22x | $24.10 Million |
| CItech Co Ltd (004920) | $47.82 Billion | -13.20% | 0.66x | $41.29 Million |
| Ssangyong Information & Communications Corp (010280) | $39.36 Billion | 11.62% | 1.60x | $262.15 Million |
| DB INC (012030) | $110.25 Billion | -112.95% | 2.32x | $260.21 Million |
| Samsung SDS Co Ltd (018260) | $8.47 Trillion | 12.99% | 0.41x | $8.71 Billion |
| Daou Tech (023590) | $591.90 Billion | 13.31% | 1.85x | $1.36 Billion |
| Daou Data Corp (032190) | $435.38 Billion | 7.59% | 43.43x | $598.27 Million |
| Shinsegae I&C (035510) | $192.27 Billion | 15.22% | 0.59x | $187.97 Million |
| WIZ CORP Inc (038620) | $40.73 Billion | 3.61% | 0.13x | $24.55 Million |
| KL-Net Corp (039420) | $44.40 Billion | 13.39% | 0.19x | $42.44 Million |
| Leenos Corp (039980) | $67.37 Billion | 22.67% | 0.47x | $453.43 Million |
About Innodep Inc.
Innodep Inc. provides security-related solutions to the public sector in South Korea. The company offers VURIX, a control platform that provides real-time monitoring and integrated security services based on video surveillance; VuCatcher, an artificial intelligence video analysis situation response platform that screens emergency situations in real time; and VUNex, a combination AI platform for m… Read more