Ranix INC (317120) - Net Assets
Based on the latest financial reports, Ranix INC (317120) has net assets worth ₩22.98 Billion KRW (≈ $15.57 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 (₩41.66 Billion ≈ $28.23 Million USD) and total liabilities (₩18.68 Billion ≈ $12.66 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 financial resilience of Ranix INC to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩22.98 Billion |
| % of Total Assets | 55.16% |
| Annual Growth Rate | 25.85% |
| 5-Year Change | 13.88% |
| 10-Year Change | N/A |
| Growth Volatility | 104.65 |
Ranix INC - Net Assets Trend (2017–2024)
This chart illustrates how Ranix INC's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Ranix INC for the complete picture of this company's asset base.
Annual Net Assets for Ranix INC (2017–2024)
The table below shows the annual net assets of Ranix INC from 2017 to 2024. For live valuation and market cap data, see 317120 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩19.55 Billion ≈ $13.25 Million |
+83.92% |
| 2023-12-31 | ₩10.63 Billion ≈ $7.21 Million |
-25.76% |
| 2022-12-31 | ₩14.32 Billion ≈ $9.71 Million |
-25.92% |
| 2021-12-31 | ₩19.33 Billion ≈ $13.10 Million |
+12.59% |
| 2020-12-31 | ₩17.17 Billion ≈ $11.64 Million |
-2.86% |
| 2019-12-31 | ₩17.68 Billion ≈ $11.98 Million |
+292.10% |
| 2018-12-31 | ₩4.51 Billion ≈ $3.06 Million |
+15.27% |
| 2017-12-31 | ₩3.91 Billion ≈ $2.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ranix 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 decreased by 594.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩4.91 Billion | 25.09% |
| Other Components | ₩32.60 Billion | 166.70% |
| Total Equity | ₩19.55 Billion | 100.00% |
Ranix INC Competitors by Market Cap
The table below lists competitors of Ranix INC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fuji Finance Indonesia Tbk PT
JK:FUJI
|
$24.68 Million |
|
Aquarius Engines AM Ltd
TA:AQUA
|
$24.70 Million |
|
Sephaku Holdings Ltd
JSE:SEP
|
$24.73 Million |
|
Przedsiebiorstwo Produkcyjno Handlowe Kompap SA
WAR:KMP
|
$24.73 Million |
|
Hydrotek Public Company Limited
BK:HYDRO
|
$24.66 Million |
|
Gillanders Arbuthnot & Company Limited
NSE:GILLANDERS
|
$24.64 Million |
|
FIGENE CAPITAL SA ZY 1
F:20X
|
$24.64 Million |
|
Kobexindo Tractors Tbk
JK:KOBX
|
$24.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ranix INC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,631,958,230 to 19,554,595,670, a change of 8,922,637,440 (83.9%).
- Net loss of 6,733,850,580 reduced equity.
- Other factors increased equity by 15,656,488,020.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-6.73 Billion | -34.44% |
| Other Changes | ₩15.66 Billion | +80.07% |
| Total Change | ₩- | 83.92% |
Book Value vs Market Value Analysis
This analysis compares Ranix 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: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.77x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩414.51 | ₩2390.00 | x |
| 2018-12-31 | ₩477.80 | ₩2390.00 | x |
| 2019-12-31 | ₩1873.44 | ₩2390.00 | x |
| 2020-12-31 | ₩1789.50 | ₩2390.00 | x |
| 2021-12-31 | ₩2001.68 | ₩2390.00 | x |
| 2022-12-31 | ₩1486.56 | ₩2390.00 | x |
| 2023-12-31 | ₩973.24 | ₩2390.00 | x |
| 2024-12-31 | ₩1790.01 | ₩2390.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ranix 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): -34.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -87.30%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.20x
- Recent ROE (-34.44%) is below the historical average (-12.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 32.37% | 13.37% | 1.00x | 2.42x | ₩875.00 Million |
| 2018 | 14.66% | 6.73% | 0.94x | 2.31x | ₩209.90 Million |
| 2019 | -0.74% | -1.46% | 0.44x | 1.15x | ₩-1.90 Billion |
| 2020 | -13.28% | -24.98% | 0.28x | 1.88x | ₩-4.00 Billion |
| 2021 | -13.81% | -28.98% | 0.20x | 2.33x | ₩-4.60 Billion |
| 2022 | -34.42% | -44.88% | 0.26x | 2.93x | ₩-6.36 Billion |
| 2023 | -50.51% | -46.52% | 0.39x | 2.75x | ₩-6.43 Billion |
| 2024 | -34.44% | -87.30% | 0.18x | 2.20x | ₩-8.69 Billion |
Industry Comparison
This section compares Ranix INC's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,635,456,106,262
- Average return on equity (ROE) among peers: 12.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ranix INC (317120) | ₩22.98 Billion | 32.37% | 0.81x | $24.67 Million |
| SK Hynix Inc (000660) | $13.07 Trillion | 21.98% | 0.59x | $467.91 Billion |
| DB HiTek Co Ltd (000990) | $1.64 Trillion | 33.95% | 0.30x | $4.48 Billion |
| Kec Holdings (006200) | $277.04 Billion | 14.47% | 1.06x | $23.81 Million |
| Charm Engine (009310) | $70.97 Billion | 6.03% | 2.78x | $60.90 Million |
| Auk Corp (017900) | $209.02 Billion | -2.38% | 0.29x | $382.61 Million |
| SFA Semicon Co. Ltd (036540) | $455.60 Billion | 9.42% | 0.48x | $934.49 Million |
| Simmtech Holdings Co. Ltd (036710) | $200.42 Billion | 13.67% | 3.88x | $174.25 Million |
| Fine Semitech Corp (036810) | $130.97 Billion | 14.27% | 0.71x | $582.28 Million |
| Seoul Semiconductor Co. Ltd (046890) | $165.72 Billion | 0.00% | 0.57x | $687.76 Million |
| Kona I Co.Ltd (052400) | $139.67 Billion | 15.22% | 0.83x | $580.06 Million |
About Ranix INC
Ranix Inc. designs and develops chips and technology solutions for automotive communication and internet of things in Korea and internationally. The company offers V2X modem SoC, a vehicle communication technology that connects vehicles to surrounding vehicles, transportation infrastructure, and networks for integrated operation; V2X security SoC, a vehicle network and in-vehicle security solutio… Read more