Sigetronics, Inc
Sigetronics, Inc manufactures and sells semiconductor devices and materials. Its products include ESD, sensor, power, fabless RF, and other products, as well as foundry services. The company was founded in 2008 and is based in Wanju-gun, South Korea.
Sigetronics, Inc (429270) - Net Assets
Latest net assets as of March 2025: ₩21.95 Billion KRW
Based on the latest financial reports, Sigetronics, Inc (429270) has net assets worth ₩21.95 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 (₩33.28 Billion) and total liabilities (₩11.33 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 | ₩21.95 Billion |
| % of Total Assets | 65.96% |
| Annual Growth Rate | 41.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 81.94 |
Sigetronics, Inc - Net Assets Trend (2022–2024)
This chart illustrates how Sigetronics, 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 Sigetronics, Inc (2022–2024)
The table below shows the annual net assets of Sigetronics, Inc from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩23.53 Billion | -18.82% |
| 2023-12-31 | ₩28.99 Billion | +145.06% |
| 2022-12-31 | ₩11.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sigetronics, 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 1151935076000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩2.25 Billion | 9.58% |
| Other Components | ₩54.19 Billion | 230.32% |
| Total Equity | ₩23.53 Billion | 100.00% |
Sigetronics, Inc Competitors by Market Cap
The table below lists competitors of Sigetronics, Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tamar Petroleum Ltd
TA:TMRP
|
$8.71 Million |
|
DelphX Capital Markets Inc
OTCQB:DPXCF
|
$8.71 Million |
|
Tempore Properties SOCIMI SAU
MC:YTEM
|
$8.72 Million |
|
Magadh Sugar & Energy Limited
NSE:MAGADSUGAR
|
$8.72 Million |
|
MBL Infrastructure Limited
NSE:MBLINFRA
|
$8.71 Million |
|
Copperwired Public Company Limited
BK:CPW
|
$8.70 Million |
|
Camber Energy, Inc.
OTCQB:CEIN
|
$8.70 Million |
|
Aston Bay Holdings Ltd
OTCQB:ATBHF
|
$8.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sigetronics, Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,985,865,390 to 23,529,281,190, a change of -5,456,584,200 (-18.8%).
- Net loss of 5,691,293,870 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-5.69 Billion | -24.19% |
| Other Changes | ₩234.71 Million | +1.0% |
| Total Change | ₩- | -18.82% |
Book Value vs Market Value Analysis
This analysis compares Sigetronics, 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: 0.84x
- 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 1.67x to 0.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ₩2624.84 | ₩4385.00 | x |
| 2023-12-31 | ₩6432.37 | ₩4385.00 | x |
| 2024-12-31 | ₩5221.48 | ₩4385.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sigetronics, 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): -24.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -46.75%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.43x
- Recent ROE (-24.19%) is above the historical average (-26.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -36.94% | -30.09% | 0.57x | 2.15x | ₩-5.55 Billion |
| 2023 | -19.10% | -44.24% | 0.32x | 1.36x | ₩-8.43 Billion |
| 2024 | -24.19% | -46.75% | 0.36x | 1.43x | ₩-8.04 Billion |
Industry Comparison
This section compares Sigetronics, Inc's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,040,779,889,402
- Average return on equity (ROE) among peers: -0.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sigetronics, Inc (429270) | ₩21.95 Billion | -36.94% | 0.52x | $8.71 Million |
| SK Hynix Inc (000660) | $7.88 Trillion | 0.00% | 1.19x | $360.99 Billion |
| DB HiTek Co Ltd (000990) | $405.04 Billion | 0.00% | 3.16x | $1.69 Billion |
| Charm Engine (009310) | $70.97 Billion | 6.03% | 2.78x | $6.17 Million |
| Auk Corp (017900) | $227.62 Billion | 6.08% | 0.09x | $27.41 Million |
| SFA Semicon Co. Ltd (036540) | $173.44 Billion | 0.00% | 1.24x | $353.00 Million |
| Simmtech Holdings Co. Ltd (036710) | $418.90 Billion | -23.56% | 2.13x | $37.68 Million |
| Fine Semitech Corp (036810) | $246.68 Billion | 0.59% | 1.05x | $380.06 Million |
| Seoul Semiconductor Co. Ltd (046890) | $648.47 Billion | 9.68% | 1.00x | $271.06 Million |
| Kona I Co.Ltd (052400) | $139.67 Billion | 15.22% | 0.83x | $394.46 Million |
| Telechips Inc (054450) | $201.74 Billion | -19.11% | 0.87x | $89.01 Million |