Seers Technology
Seers Technology Co., LTD. provides telemedicine solutions with patient monitoring in South Korea. It offers wearable biosensor, central patient monitoring system, medical AI, and medical adhesive material. The company was founded in 2009 and is headquartered in Pyeongtaek-si, South Korea.
Seers Technology (458870) - Net Assets
Latest net assets as of March 2025: ₩20.96 Billion KRW
Based on the latest financial reports, Seers Technology (458870) has net assets worth ₩20.96 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 (₩27.97 Billion) and total liabilities (₩7.02 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 | ₩20.96 Billion |
| % of Total Assets | 74.91% |
| Annual Growth Rate | 9.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 109.44 |
Seers Technology - Net Assets Trend (2022–2024)
This chart illustrates how Seers Technology's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Seers Technology (2022–2024)
The table below shows the annual net assets of Seers Technology from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩21.40 Billion | +163.91% |
| 2023-12-31 | ₩8.11 Billion | -54.97% |
| 2022-12-31 | ₩18.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seers Technology'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 1920616597000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩6.28 Billion | 29.33% |
| Other Components | ₩60.32 Billion | 281.87% |
| Total Equity | ₩21.40 Billion | 100.00% |
Seers Technology Competitors by Market Cap
The table below lists competitors of Seers Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magellan Financial Group Limited
PINK:MGLLF
|
$944.26 Million |
|
SVG Optronics Co Ltd
SHE:300331
|
$944.43 Million |
|
MicroPort Scientific Corporation
PINK:MCRPF
|
$944.57 Million |
|
Oculis Holding AG
IC:OCS
|
$944.65 Million |
|
North Chemical Industries Co Ltd
SHE:002246
|
$943.98 Million |
|
Sino Geophysical
SHE:300191
|
$943.88 Million |
|
TEEKAY TANKERS P.R.S.-01
F:3TKA
|
$943.34 Million |
|
Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile-de-France
LSE:0O2R
|
$943.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seers Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,108,486,580 to 21,398,870,840, a change of 13,290,384,260 (163.9%).
- Net loss of 8,871,453,220 reduced equity.
- Share repurchases of 22,486,289,680 reduced equity.
- Other factors increased equity by 44,648,127,160.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.87 Billion | -41.46% |
| Share Repurchases | ₩22.49 Billion | -105.08% |
| Other Changes | ₩44.65 Billion | +208.65% |
| Total Change | ₩- | 163.91% |
Book Value vs Market Value Analysis
This analysis compares Seers Technology'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: 97.60x
- 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 113.60x to 97.60x 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 | ₩1464.82 | ₩166400.00 | x |
| 2023-12-31 | ₩659.55 | ₩166400.00 | x |
| 2024-12-31 | ₩1704.86 | ₩166400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seers Technology 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): -41.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -109.53%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.31x
- Recent ROE (-41.46%) is above the historical average (-69.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -44.36% | -692.86% | 0.05x | 1.18x | ₩-9.79 Billion |
| 2023 | -122.30% | -526.10% | 0.11x | 2.11x | ₩-10.73 Billion |
| 2024 | -41.46% | -109.53% | 0.29x | 1.31x | ₩-11.01 Billion |
Industry Comparison
This section compares Seers Technology's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $98,321,642,752
- Average return on equity (ROE) among peers: 7.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seers Technology (458870) | ₩20.96 Billion | -44.36% | 0.33x | $944.23 Million |
| Shinhung (004080) | $87.31 Billion | 3.50% | 0.52x | $10.80 Million |
| Osang Healthcare Co.,Ltd (036220) | $199.86 Billion | 20.34% | 0.25x | $37.44 Million |
| HansBiomed Corporation (042520) | $43.16 Billion | 11.38% | 0.21x | $246.58 Million |
| JVM Co. Ltd (054950) | $98.83 Billion | 10.23% | 0.72x | $117.37 Million |
| Huvitz Co. Ltd (065510) | $51.68 Billion | 16.97% | 0.32x | $43.64 Million |
| Vieworks Co. Ltd (100120) | $188.04 Billion | 17.80% | 0.28x | $101.54 Million |
| Corentec Co Ltd (104540) | $48.30 Billion | -3.04% | 0.46x | $40.80 Million |
| Hironic Co. Ltd (149980) | $40.72 Billion | 7.13% | 0.15x | $23.71 Million |
| Laseroptek Co., Ltd. (199550) | $-3.94 Billion | 0.00% | 0.00x | $21.68 Million |
| Humasis Co. Ltd (205470) | $229.26 Billion | -13.28% | 0.45x | $48.97 Million |