Micro Digital Co. Ltd
Micro Digital Co., Ltd. develops, manufactures, and sells biomedical and bioprocess solutions in South Korea and internationally. The company offers biomedical lab instruments comprising Nabi, a UV/vis nano spectrophotometer; Mobi, a microplate spectrophotometer; Ubi-490, a UV/vis spectrophotometer; Ubi-600, a UV/vis standalone spectrophotometer; Ubi-800, a UV/vis double beam spectrophotometer; L… Read more
Micro Digital Co. Ltd (305090) - Net Assets
Latest net assets as of September 2025: ₩36.64 Billion KRW
Based on the latest financial reports, Micro Digital Co. Ltd (305090) has net assets worth ₩36.64 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 (₩71.10 Billion) and total liabilities (₩34.46 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 | ₩36.64 Billion |
| % of Total Assets | 51.54% |
| Annual Growth Rate | 66.32% |
| 5-Year Change | 281.44% |
| 10-Year Change | N/A |
| Growth Volatility | 647.95 |
Micro Digital Co. Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Micro Digital 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 Micro Digital Co. Ltd (2016–2024)
The table below shows the annual net assets of Micro Digital Co. Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩29.14 Billion | +234.26% |
| 2023-12-31 | ₩8.72 Billion | +60.33% |
| 2022-12-31 | ₩5.44 Billion | -56.25% |
| 2021-12-31 | ₩12.43 Billion | +62.67% |
| 2020-12-31 | ₩7.64 Billion | -57.11% |
| 2019-12-31 | ₩17.81 Billion | +100.67% |
| 2018-12-31 | ₩8.87 Billion | +1987.69% |
| 2017-12-31 | ₩425.11 Million | -14.59% |
| 2016-12-31 | ₩497.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Micro Digital 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 decreased by 3542638867000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩66.23 Billion | 227.32% |
| Total Equity | ₩29.14 Billion | 100.00% |
Micro Digital Co. Ltd Competitors by Market Cap
The table below lists competitors of Micro Digital Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suheung Capsul
KO:008490
|
$58.20 Million |
|
Skyline Bankshares Inc.
OTCQX:SLBK
|
$58.25 Million |
|
DAM CAPITAL ADVISORS LTD
NSE:DAMCAPITAL
|
$58.25 Million |
|
Columbus A/S
CO:COLUM
|
$58.26 Million |
|
SYNergy ScienTech Corp
TW:6558
|
$58.15 Million |
|
Aurum PropTech Limited
NSE:AURUM
|
$58.14 Million |
|
ABL Group ASA
OL:ABL
|
$58.12 Million |
|
Golden Bridge Electech Inc
TW:6133
|
$58.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Micro Digital Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,716,569,210 to 29,135,753,460, a change of 20,419,184,250 (234.3%).
- Net income of 449,552,350 contributed positively to equity growth.
- Share repurchases of 8,246,862,200 reduced equity.
- New share issuances of 8,246,862,200 increased equity.
- Other factors increased equity by 19,969,631,900.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩449.55 Million | +1.54% |
| Share Repurchases | ₩8.25 Billion | -28.3% |
| Share Issuances | ₩8.25 Billion | +28.3% |
| Other Changes | ₩19.97 Billion | +68.54% |
| Total Change | ₩- | 234.26% |
Book Value vs Market Value Analysis
This analysis compares Micro Digital 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: 3.91x
- 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 110.09x to 3.91x 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 | ₩62.22 | ₩6850.00 | x |
| 2017-12-31 | ₩53.14 | ₩6850.00 | x |
| 2018-12-31 | ₩762.50 | ₩6850.00 | x |
| 2019-12-31 | ₩1226.27 | ₩6850.00 | x |
| 2020-12-31 | ₩525.94 | ₩6850.00 | x |
| 2021-12-31 | ₩855.54 | ₩6850.00 | x |
| 2022-12-31 | ₩365.65 | ₩6850.00 | x |
| 2023-12-31 | ₩557.44 | ₩6850.00 | x |
| 2024-12-31 | ₩1751.19 | ₩6850.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Micro Digital 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): 1.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.90%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.86x
- Recent ROE (1.54%) is above the historical average (-120.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -660.02% | -75.13% | 1.15x | 7.62x | ₩-3.33 Billion |
| 2017 | -7.00% | -0.65% | 0.83x | 12.89x | ₩-72.29 Million |
| 2018 | -18.67% | -35.07% | 0.40x | 1.32x | ₩-2.54 Billion |
| 2019 | -35.36% | -160.39% | 0.17x | 1.30x | ₩-8.08 Billion |
| 2020 | -137.05% | -457.11% | 0.11x | 2.72x | ₩-11.23 Billion |
| 2021 | -61.39% | -177.21% | 0.12x | 2.84x | ₩-8.87 Billion |
| 2022 | -172.24% | -105.41% | 0.31x | 5.23x | ₩-9.91 Billion |
| 2023 | 6.77% | 5.44% | 0.36x | 3.44x | ₩-281.51 Million |
| 2024 | 1.54% | 3.90% | 0.21x | 1.86x | ₩-2.46 Billion |
Industry Comparison
This section compares Micro Digital Co. Ltd's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $98,321,642,752
- Average return on equity (ROE) among peers: 7.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Micro Digital Co. Ltd (305090) | ₩36.64 Billion | -660.02% | 0.94x | $58.15 Million |
| Shinhung (004080) | $87.31 Billion | 3.50% | 0.52x | $10.80 Million |
| Osang Healthcare Co.,Ltd (036220) | $199.86 Billion | 20.34% | 0.25x | $37.44 Million |
| HansBiomed Corporation (042520) | $43.16 Billion | 11.38% | 0.21x | $246.58 Million |
| JVM Co. Ltd (054950) | $98.83 Billion | 10.23% | 0.72x | $117.37 Million |
| Huvitz Co. Ltd (065510) | $51.68 Billion | 16.97% | 0.32x | $43.64 Million |
| Vieworks Co. Ltd (100120) | $188.04 Billion | 17.80% | 0.28x | $101.54 Million |
| Corentec Co Ltd (104540) | $48.30 Billion | -3.04% | 0.46x | $40.80 Million |
| Hironic Co. Ltd (149980) | $40.72 Billion | 7.13% | 0.15x | $23.71 Million |
| Laseroptek Co., Ltd. (199550) | $-3.94 Billion | 0.00% | 0.00x | $21.68 Million |
| Humasis Co. Ltd (205470) | $229.26 Billion | -13.28% | 0.45x | $48.97 Million |