SPSoft Inc.
SPSoft Inc. operates as an IT consulting and services company. It offers VDI solution; and DaaS, a cloud computing service that provides virtual desktops on a subscription license basis. The company also provides cloud services; catching streaming; GRID CDN that connect numerous user idle resources into a single network; copyright protection; and illegal video monitoring system solutions. SPSoft … Read more
SPSoft Inc. (443670) - Net Assets
Latest net assets as of March 2025: ₩63.67 Billion KRW
Based on the latest financial reports, SPSoft Inc. (443670) has net assets worth ₩63.67 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 (₩82.12 Billion) and total liabilities (₩18.45 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 | ₩63.67 Billion |
| % of Total Assets | 77.53% |
| Annual Growth Rate | 52.33% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 35.09 |
SPSoft Inc. - Net Assets Trend (2022–2024)
This chart illustrates how SPSoft 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 SPSoft Inc. (2022–2024)
The table below shows the annual net assets of SPSoft Inc. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩62.65 Billion | +91.45% |
| 2023-12-31 | ₩32.73 Billion | +21.27% |
| 2022-12-31 | ₩26.99 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SPSoft 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 21.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩26.27 Billion | 41.92% |
| Common Stock | ₩2.42 Billion | 3.86% |
| Other Components | ₩33.97 Billion | 54.21% |
| Total Equity | ₩62.65 Billion | 100.00% |
SPSoft Inc. Competitors by Market Cap
The table below lists competitors of SPSoft Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TERACT EO 1
F:6O8
|
$23.95 Million |
|
Cipherlab Co Ltd
TWO:6160
|
$23.95 Million |
|
Syntara Ltd
AU:SNT
|
$23.95 Million |
|
Companhia de Gás de São Paulo - COMGÁS
SA:CGAS3
|
$23.96 Million |
|
Highlands REIT Inc
OTCGREY:HHDS
|
$23.95 Million |
|
Shining Victory Motor Electronic Co., Ltd.
TW:2248
|
$23.95 Million |
|
Caravelle International Group
NASDAQ:HTCO
|
$23.95 Million |
|
Matriks Bilgi Dagitim Hizmetleri AS
IS:MTRKS
|
$23.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SPSoft Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,726,211,550 to 62,653,421,780, a change of 29,927,210,230 (91.4%).
- Net income of 302,079,260 contributed positively to equity growth.
- Share repurchases of 23,214,700 reduced equity.
- Other factors increased equity by 29,648,345,670.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩302.08 Million | +0.48% |
| Share Repurchases | ₩23.21 Million | -0.04% |
| Other Changes | ₩29.65 Billion | +47.32% |
| Total Change | ₩- | 91.45% |
Book Value vs Market Value Analysis
This analysis compares SPSoft 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: 1.82x
- 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 3.70x to 1.82x 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 | ₩1273.10 | ₩4710.00 | x |
| 2023-12-31 | ₩1815.60 | ₩4710.00 | x |
| 2024-12-31 | ₩2589.03 | ₩4710.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SPSoft 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): 0.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.67%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.23x
- Recent ROE (0.48%) is below the historical average (9.70%), 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 | 15.24% | 12.30% | 1.01x | 1.23x | ₩1.41 Billion |
| 2023 | 13.38% | 12.42% | 0.87x | 1.23x | ₩1.11 Billion |
| 2024 | 0.48% | 0.67% | 0.59x | 1.23x | ₩-5.96 Billion |
Industry Comparison
This section compares SPSoft Inc.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,189,783,268,581
- Average return on equity (ROE) among peers: 0.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SPSoft Inc. (443670) | ₩63.67 Billion | 15.24% | 0.29x | $23.95 Million |
| CItech Co Ltd (004920) | $34.39 Billion | -4.36% | 0.16x | $16.60 Million |
| Ssangyong Information & Communications Corp (010280) | $44.71 Billion | -4.06% | 2.04x | $29.02 Million |
| DB INC (012030) | $246.28 Billion | -25.91% | 1.59x | $113.49 Million |
| Samsung SDS Co Ltd (018260) | $7.44 Trillion | 8.21% | 0.41x | $4.40 Billion |
| Daou Tech (023590) | $2.44 Trillion | 4.52% | 6.75x | $720.57 Million |
| Daou Data Corp (032190) | $1.36 Trillion | 12.12% | 41.61x | $227.30 Million |
| Shinsegae I&C (035510) | $199.24 Billion | 5.35% | 0.45x | $108.26 Million |
| WIZ CORP Inc (038620) | $31.04 Billion | 1.18% | 0.04x | $25.91 Million |
| KL-Net Corp (039420) | $30.56 Billion | 8.05% | 0.25x | $27.14 Million |
| Leenos Corp (039980) | $71.80 Billion | 1.39% | 0.28x | $63.07 Million |