SEALSQ Corp Net Assets
SEALSQ Corp net assets. Based on the latest financial reports, SEALSQ Corp (LAES) has net assets worth $461.51 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($504.18 Million) and total liabilities ($42.67 Million). 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. Also explore SEALSQ Corp equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $461.51 Million |
| % of Total Assets | 91.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 727.49 |
Net Assets of SEALSQ Corp (2020–2025)
Net assets of SEALSQ Corp from 2020 to 2025. This chart illustrates how SEALSQ Corp's net assets have evolved over time, based on quarterly financial data. See how leveraged is SEALSQ Corp's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for SEALSQ Corp (2020–2025)
The table below shows the annual net assets of SEALSQ Corp from 2020 to 2025. For live market cap and overall valuation, see market cap of SEALSQ Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $461.51 Million | +492.71% |
| 2024-12-31 | $77.86 Million | +1447.68% |
| 2023-12-31 | $5.03 Million | +2273.11% |
| 2022-12-31 | $212.00K | +101.56% |
| 2021-12-31 | $-13.56 Million | -44.70% |
| 2020-12-31 | $-9.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SEALSQ Corp'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 5530605000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
SEALSQ Corp Net Assets Breakdown (December 2025)
SEALSQ Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.99 Million | 0.43% |
| Other Comprehensive Income | $852.00K | 0.18% |
| Other Components | $534.77 Million | 115.88% |
| Total Equity | $461.51 Million | 100.00% |
SEALSQ Corp Competitors by Market Cap
The table below lists competitors of SEALSQ Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Canopy Growth Corp
TO:WEED
|
$305.38 Million |
|
Bit Digital Inc
NASDAQ:BTBT
|
$305.42 Million |
|
Yunnan Metropolitan Real Estate Development Co Ltd
SHG:600239
|
$305.45 Million |
|
Shenzhen Kexin Communication Technologies Co Ltd
SHE:300565
|
$305.47 Million |
|
Okins Electronics Co. Ltd
KQ:080580
|
$305.18 Million |
|
ADF Foods Limited
NSE:ADFFOODS
|
$305.12 Million |
|
Gérard Perrier Industrie S.A.
PA:PERR
|
$305.07 Million |
|
Promotora Ambiental S.A.B. de C.V
MX:PASAB
|
$305.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SEALSQ Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 77,864,000 to 461,508,000, a change of 383,644,000 (492.7%).
- Net loss of 34,194,000 reduced equity.
- New share issuances of 429,266,000 increased equity.
- Other comprehensive income increased equity by 94,000.
- Other factors decreased equity by 11,522,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-34.19 Million | -7.41% |
| Share Issuances | $429.27 Million | +93.01% |
| Other Comprehensive Income | $94.00K | +0.02% |
| Other Changes | $-11.52 Million | -2.5% |
| Total Change | $- | 492.71% |
Book Value vs Market Value Analysis
This analysis compares SEALSQ Corp'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: 0.40x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.62 | $1.37 | x |
| 2021-12-31 | $-0.90 | $1.37 | x |
| 2022-12-31 | $0.01 | $1.37 | x |
| 2023-12-31 | $0.33 | $1.37 | x |
| 2024-12-31 | $2.21 | $1.37 | x |
| 2025-12-31 | $3.42 | $1.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SEALSQ Corp 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): -7.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -187.34%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.09x
- Recent ROE (-7.41%) is below the historical average (456.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -64.27% | 1.14x | 0.00x | $-8.87 Million |
| 2021 | 0.00% | -28.40% | 1.57x | 0.00x | $-3.92 Million |
| 2022 | 2849.75% | 24.87% | 1.12x | 102.17x | $6.02 Million |
| 2023 | -72.28% | -10.87% | 1.20x | 5.55x | $-4.14 Million |
| 2024 | -30.92% | -193.07% | 0.13x | 1.25x | $-31.86 Million |
| 2025 | -7.41% | -187.34% | 0.04x | 1.09x | $-80.34 Million |
Industry Comparison
This section compares SEALSQ Corp's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $12,356,238,029
- Average return on equity (ROE) among peers: -14.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SEALSQ Corp (LAES) | $461.51 Million | 0.00% | 0.09x | $305.20 Million |
| Analog Devices Inc (ADI) | $270.30 Million | 8.66% | 0.37x | $175.05 Billion |
| Arteris Inc (AIP) | $52.90 Million | -44.20% | 1.28x | $858.71 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $40.53 Billion |
| Allegro Microsystems Inc (ALGM) | $956.45 Million | -1.56% | 0.48x | $6.27 Billion |
| Aeluma, Inc (ALMU) | $6.11 Million | -88.04% | 0.17x | $137.29 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $636.30 Million | -8.42% | 0.75x | $789.95 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $891.61 Million | -1.24% | 0.28x | $662.64 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $8.29 Billion | 10.91% | 0.29x | $216.26 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $112.46 Billion | 11.47% | 1.19x | $51.18 Billion |
About SEALSQ Corp
SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductors in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, quantum-resistant RISC-V secure chips, secure ARM platform, and smart card reader chips; custom chip design services; and other PKI services, including personal … Read more