MICube Solution Inc
MICUBE Solution Inc. provides digital transformation solutions for manufacturing sites. It offers Smart Factory, a cloud-based MES solution that connects the manufacturing sites with the legacy systems; and Manufacturing AI, which comprises SmartEES equipment engineering system solution and SmartAI Machine Learning Operations platform to support the development and operations of manufacturing AI … Read more
MICube Solution Inc (373170) - Net Assets
Latest net assets as of March 2025: ₩21.65 Billion KRW
Based on the latest financial reports, MICube Solution Inc (373170) has net assets worth ₩21.65 Billion KRW as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩28.55 Billion) and total liabilities (₩6.90 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 | ₩21.65 Billion |
| % of Total Assets | 75.84% |
| Annual Growth Rate | 213.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 112.63 |
MICube Solution Inc - Net Assets Trend (2021–2023)
This chart illustrates how MICube Solution Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MICube Solution Inc (2021–2023)
The table below shows the annual net assets of MICube Solution Inc from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | ₩23.07 Billion | +345.45% |
| 2022-09-30 | ₩5.18 Billion | +120.19% |
| 2021-09-30 | ₩2.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MICube Solution 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 1043.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩5.68 Billion | 24.60% |
| Common Stock | ₩498.77 Million | 2.16% |
| Other Components | ₩16.90 Billion | 73.24% |
| Total Equity | ₩23.07 Billion | 100.00% |
MICube Solution Inc Competitors by Market Cap
The table below lists competitors of MICube Solution Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Melkior Resources Inc
PINK:MKRIF
|
$2.79 Million |
|
BRADDA HEAD LITHIUM O.N.
F:8CD1
|
$2.80 Million |
|
OLIPASS Corporation
KQ:244460
|
$2.80 Million |
|
Spentex Industries Limited
NSE:SPENTEX
|
$2.80 Million |
|
Prima Cakrawala Abadi PT
JK:PCAR
|
$2.79 Million |
|
ALNYLAM PHARMA
MU:DUL
|
$2.79 Million |
|
Bio-gate AG
XETRA:BIG1
|
$2.79 Million |
|
ATI Airtest Technologies Inc
PINK:AATGF
|
$2.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MICube Solution Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,179,303,750 to 23,071,223,820, a change of 17,891,920,070 (345.5%).
- Net income of 2,498,542,540 contributed positively to equity growth.
- Share repurchases of 15,301,449,900 reduced equity.
- Other factors increased equity by 30,694,827,430.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.50 Billion | +10.83% |
| Share Repurchases | ₩15.30 Billion | -66.32% |
| Other Changes | ₩30.69 Billion | +133.04% |
| Total Change | ₩- | 345.45% |
Book Value vs Market Value Analysis
This analysis compares MICube Solution 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: 0.54x
- 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 5.18x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | ₩486.87 | ₩2520.00 | x |
| 2022-09-30 | ₩1072.03 | ₩2520.00 | x |
| 2023-09-30 | ₩4625.60 | ₩2520.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MICube Solution 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): 10.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.34%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.29x
- Recent ROE (10.83%) is below the historical average (32.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 53.87% | 12.51% | 1.96x | 2.19x | ₩2.27 Billion |
| 2023 | 10.83% | 10.34% | 0.81x | 1.29x | ₩191.42 Million |
Industry Comparison
This section compares MICube Solution Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $70,245,711,982
- Average return on equity (ROE) among peers: 4.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MICube Solution Inc (373170) | ₩21.65 Billion | 53.87% | 0.32x | $2.79 Million |
| Kginicis Co.Ltd (035600) | $24.39 Billion | 13.54% | 1.14x | $108.80 Million |
| Nice Information & Telecommunication Inc (036800) | $55.02 Billion | 19.07% | 1.74x | $79.87 Million |
| Cafe24 Corp (042000) | $233.88 Billion | -8.02% | 0.78x | $262.68 Million |
| AhnLab Inc (053800) | $67.47 Billion | 6.13% | 0.26x | $279.44 Million |
| NHN KCP Corp (060250) | $29.81 Billion | 15.72% | 1.35x | $243.94 Million |
| Danal Co. Ltd (064260) | $150.45 Billion | -0.40% | 1.58x | $292.50 Million |
| nTels Co. Ltd (069410) | $40.68 Billion | 5.74% | 0.38x | $23.25 Million |
| Plantynet Co. Ltd (075130) | $57.32 Billion | 5.73% | 0.11x | $16.08 Million |
| Secuve Co. Ltd (131090) | $26.77 Billion | 9.63% | 0.22x | $13.85 Million |
| FASOO.COM Co Ltd (150900) | $16.67 Billion | -23.48% | 1.84x | $20.98 Million |