Global SM Tech Limited
Global SM Tech Limited manufactures and sells small precision fasteners for electronic parts in South Korea. Its products include screws, lead screws, shafts, cutting products, and springs for mobile phones, cars, airplanes, and architecture, as well as various electric/electronic machines. The company was incorporated in 2008 and is based in Goyang-si, South Korea.
Global SM Tech Limited (900070) - Net Assets
Latest net assets as of September 2025: ₩137.78 Billion KRW
Based on the latest financial reports, Global SM Tech Limited (900070) has net assets worth ₩137.78 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩173.67 Billion) and total liabilities (₩35.90 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 | ₩137.78 Billion |
| % of Total Assets | 79.33% |
| Annual Growth Rate | -3.95% |
| 5-Year Change | -84.48% |
| 10-Year Change | -99.91% |
| Growth Volatility | 4143.99 |
Global SM Tech Limited - Net Assets Trend (2006–2024)
This chart illustrates how Global SM Tech Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global SM Tech Limited (2006–2024)
The table below shows the annual net assets of Global SM Tech Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩78.28 Million | -0.52% |
| 2023-12-31 | ₩78.69 Million | -85.33% |
| 2022-12-31 | ₩536.36 Million | +7.69% |
| 2021-12-31 | ₩498.06 Million | -1.26% |
| 2020-12-31 | ₩504.42 Million | +1.37% |
| 2019-12-31 | ₩497.58 Million | +1.05% |
| 2018-12-31 | ₩492.42 Million | -1.83% |
| 2017-12-31 | ₩501.61 Million | +2.17% |
| 2016-12-31 | ₩490.94 Million | -99.41% |
| 2015-12-31 | ₩82.93 Billion | +3.75% |
| 2014-12-31 | ₩79.93 Billion | -3.38% |
| 2013-12-31 | ₩82.73 Billion | +1.27% |
| 2012-12-31 | ₩81.69 Billion | -7.02% |
| 2011-12-31 | ₩87.86 Billion | +18087.65% |
| 2010-12-31 | ₩483.07 Million | +1.21% |
| 2009-12-31 | ₩477.30 Million | +63.67% |
| 2008-12-31 | ₩291.62 Million | +34.37% |
| 2007-12-31 | ₩217.03 Million | +34.09% |
| 2006-12-31 | ₩161.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global SM Tech Limited'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 51.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩28.75 Million | 36.72% |
| Common Stock | ₩26.87 Million | 34.33% |
| Other Components | ₩22.66 Million | 28.95% |
| Total Equity | ₩78.28 Million | 100.00% |
Global SM Tech Limited Competitors by Market Cap
The table below lists competitors of Global SM Tech Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Centrale d'Achat Française pour l'Outre-Mer Société Anonyme
PA:CAFO
|
$9.74 Million |
|
DOMIKI KRITIS EO 048
F:F9P
|
$9.75 Million |
|
Yorbeau Resources Inc
PINK:YRBAF
|
$9.75 Million |
|
Jioushun Construction Co., Ltd.
TWO:5547
|
$9.75 Million |
|
DIC India Limited
NSE:DICIND
|
$9.74 Million |
|
Curis Inc
NASDAQ:CRIS
|
$9.74 Million |
|
Youngtimers AG
SW:YTME
|
$9.74 Million |
|
Charnic Capital Tbk PT
JK:NICK
|
$9.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global SM Tech Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,690,410 to 78,284,500, a change of -405,910 (-0.5%).
- Net income of 391,740 contributed positively to equity growth.
- Dividend payments of 544,173,000 reduced retained earnings.
- Other factors increased equity by 543,375,350.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩391.74K | +0.5% |
| Dividends Paid | ₩544.17 Million | -695.12% |
| Other Changes | ₩543.38 Million | +694.1% |
| Total Change | ₩- | -0.52% |
Book Value vs Market Value Analysis
This analysis compares Global SM Tech Limited'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: 367.92x
- 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 increased from 58.29x to 367.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩9.40 | ₩548.00 | x |
| 2017-12-31 | ₩9.54 | ₩548.00 | x |
| 2018-12-31 | ₩9.37 | ₩548.00 | x |
| 2019-12-31 | ₩9.47 | ₩548.00 | x |
| 2020-12-31 | ₩9.60 | ₩548.00 | x |
| 2021-12-31 | ₩9.48 | ₩548.00 | x |
| 2022-12-31 | ₩10.20 | ₩548.00 | x |
| 2023-12-31 | ₩1.50 | ₩548.00 | x |
| 2024-12-31 | ₩1.49 | ₩548.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global SM Tech Limited 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): 0.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.43%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.47x
- Recent ROE (0.50%) is below the historical average (2.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 14.18% | 13.86% | 0.81x | 1.26x | ₩19.93 Million |
| 2010 | 7.71% | 6.47% | 0.96x | 1.24x | ₩-11.08 Million |
| 2011 | 1.60% | 1.57% | 0.85x | 1.20x | ₩-7.37 Billion |
| 2012 | 2.82% | 2.79% | 0.80x | 1.27x | ₩-5.87 Billion |
| 2013 | 0.64% | 0.65% | 0.76x | 1.28x | ₩-7.73 Billion |
| 2014 | -5.02% | -5.78% | 0.65x | 1.33x | ₩-11.94 Billion |
| 2015 | 0.00% | 0.24% | 0.00x | 1.71x | ₩-8.34 Billion |
| 2016 | 4.38% | 3.43% | 0.75x | 1.72x | ₩-27.58 Million |
| 2017 | -0.39% | -0.31% | 0.76x | 1.64x | ₩-52.09 Million |
| 2018 | -0.55% | -0.43% | 0.77x | 1.63x | ₩-51.94 Million |
| 2019 | 2.01% | 1.54% | 0.82x | 1.59x | ₩-39.77 Million |
| 2020 | 1.69% | 1.47% | 0.69x | 1.66x | ₩-41.92 Million |
| 2021 | 1.03% | 0.77% | 0.85x | 1.58x | ₩-44.68 Million |
| 2022 | 5.84% | 4.85% | 0.77x | 1.57x | ₩-22.29 Million |
| 2023 | 2.07% | 1.94% | 0.71x | 1.49x | ₩-6.24 Million |
| 2024 | 0.50% | 0.43% | 0.79x | 1.47x | ₩-7.44 Million |
Industry Comparison
This section compares Global SM Tech Limited's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $152,065,889,908
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global SM Tech Limited (900070) | ₩137.78 Billion | 14.18% | 0.26x | $9.74 Million |
| Cs Holdings (000590) | $169.68 Billion | 3.86% | 0.13x | $9.85 Million |
| Cheil Grinding (001560) | $76.84 Billion | 7.00% | 0.28x | $11.95 Million |
| Keyang Elec Ma (012200) | $144.34 Billion | 3.32% | 0.21x | $75.59 Million |
| Keyang Electric Machinery Co Ltd (012205) | $182.37 Billion | 4.76% | 0.39x | $55.86 Million |
| YG-1 Co. Ltd (019210) | $36.09 Billion | 8.71% | 1.52x | $169.23 Million |
| Korea Parts & Fasteners Co.Ltd (024880) | $126.69 Billion | 8.71% | 2.00x | $52.16 Million |
| Union Materials Corp (047400) | $94.91 Billion | 5.38% | 0.54x | $27.07 Million |
| Iljin Diamond (081000) | $531.85 Billion | 1.88% | 0.12x | $63.53 Million |
| Seoam Machinery Industry Co.Ltd (100660) | $55.29 Billion | 2.53% | 0.14x | $15.33 Million |
| Chosun Welding (120030) | $102.62 Billion | 11.46% | 0.12x | $19.90 Million |