GIGAVIS LTD (PROPOSED) (420770) - Net Assets
Based on the latest financial reports, GIGAVIS LTD (PROPOSED) (420770) has net assets worth ₩198.72 Billion KRW (≈ $134.67 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 (₩231.21 Billion ≈ $156.69 Million USD) and total liabilities (₩32.49 Billion ≈ $22.02 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 GIGAVIS LTD (PROPOSED) liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩198.72 Billion |
| % of Total Assets | 85.95% |
| Annual Growth Rate | 49.8% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 47.22 |
GIGAVIS LTD (PROPOSED) - Net Assets Trend (2021–2024)
This chart illustrates how GIGAVIS LTD (PROPOSED)'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of GIGAVIS LTD (PROPOSED) for the complete picture of this company's asset base.
Annual Net Assets for GIGAVIS LTD (PROPOSED) (2021–2024)
The table below shows the annual net assets of GIGAVIS LTD (PROPOSED) from 2021 to 2024. For live valuation and market cap data, see market value of GIGAVIS LTD (PROPOSED).
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ₩205.69 Billion ≈ $139.40 Million |
-3.25% |
| 2023-09-30 | ₩212.61 Billion ≈ $144.09 Million |
+111.85% |
| 2022-09-30 | ₩100.36 Billion ≈ $68.01 Million |
+64.05% |
| 2021-09-30 | ₩61.18 Billion ≈ $41.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GIGAVIS LTD (PROPOSED)'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 64.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩100.70 Billion | 48.96% |
| Common Stock | ₩2.54 Billion | 1.23% |
| Other Components | ₩102.46 Billion | 49.81% |
| Total Equity | ₩205.69 Billion | 100.00% |
GIGAVIS LTD (PROPOSED) Competitors by Market Cap
The table below lists competitors of GIGAVIS LTD (PROPOSED) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mercantile Bank Corporation
NASDAQ:MBWM
|
$892.73 Million |
|
Shenzhen Sunmoon Microelectronics Co. Ltd. A
SHG:688699
|
$892.75 Million |
|
Focused Photonics Hangzhou Inc
SHE:300203
|
$893.04 Million |
|
Huangshan Tourism Development Co Ltd A
SHG:600054
|
$893.08 Million |
|
LIGHTHOUSE PROPERTIES
F:87O
|
$892.27 Million |
|
NGERN TID LOR-NVDR- BA37
F:70V0
|
$891.95 Million |
|
Pakuwon Jati Tbk
JK:PWON
|
$891.74 Million |
|
Aktia Bank Abp
HE:AKTIA
|
$891.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GIGAVIS LTD (PROPOSED)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 212,614,532,290 to 205,694,783,040, a change of -6,919,749,250 (-3.3%).
- Net income of 3,412,006,440 contributed positively to equity growth.
- Dividend payments of 10,140,606,400 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.41 Billion | +1.66% |
| Dividends Paid | ₩10.14 Billion | -4.93% |
| Other Changes | ₩-191.15 Million | -0.09% |
| Total Change | ₩- | -3.25% |
Book Value vs Market Value Analysis
This analysis compares GIGAVIS LTD (PROPOSED)'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: 6.40x
- 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 21.53x to 6.40x 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 | ₩4826.33 | ₩103900.00 | x |
| 2022-09-30 | ₩7917.59 | ₩103900.00 | x |
| 2023-09-30 | ₩16773.32 | ₩103900.00 | x |
| 2024-09-30 | ₩16227.41 | ₩103900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GIGAVIS LTD (PROPOSED) 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): 1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.06%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.12x
- Recent ROE (1.66%) is below the historical average (17.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 23.62% | 32.86% | 0.60x | 1.19x | ₩8.33 Billion |
| 2022 | 27.65% | 27.83% | 0.71x | 1.41x | ₩17.71 Billion |
| 2023 | 15.36% | 35.73% | 0.40x | 1.06x | ₩11.40 Billion |
| 2024 | 1.66% | 13.06% | 0.11x | 1.12x | ₩-17.16 Billion |
Industry Comparison
This section compares GIGAVIS LTD (PROPOSED)'s net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $298,928,040,544
- Average return on equity (ROE) among peers: -1.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GIGAVIS LTD (PROPOSED) (420770) | ₩198.72 Billion | 23.62% | 0.16x | $892.52 Million |
| D I Corp (003160) | $108.77 Billion | 0.00% | 0.73x | $586.24 Million |
| Samick Thk (004380) | $159.77 Billion | 10.35% | 0.64x | $139.72 Million |
| PSMC CO. Ltd (024850) | $14.94 Billion | -25.46% | 1.24x | $451.89 Million |
| Mirae Corporation (025560) | $73.10 Billion | -12.99% | 0.16x | $46.76 Million |
| KC Co. Ltd (029460) | $790.76 Billion | 12.59% | 0.27x | $294.96 Million |
| MK Electron Co. Ltd (033160) | $977.12 Billion | -3.61% | 1.36x | $395.23 Million |
| Signetics Corporation (033170) | $174.87 Billion | -2.60% | 0.35x | $50.89 Million |
| Nepes Corporation (033640) | $149.44 Billion | -5.58% | 1.58x | $500.06 Million |
| EO Technics Co. Ltd (039030) | $389.21 Billion | 3.11% | 0.15x | $3.91 Billion |
| STI Co. Ltd (039440) | $151.31 Billion | 12.89% | 0.68x | $373.52 Million |
About GIGAVIS LTD (PROPOSED)
GigaVis Co., Ltd. researches, develops, and supplies vision inspection systems in South Korea and internationally. It offers verify repair system, automatic optical repair, in-line equipment, automated optical inspection systems, and factory automation systems. The company was founded in 2004 and is based in Pyeongtaek-si, South Korea.