RingNet Co. Ltd
RingNet Co., Ltd. engages in the implementation of information and communication technology (ICT) services and solutions in South Korea. The company offers Naver cloud platform services; cloud solutions covering Cisco, Citrix, NetApp, and VMware solutions; supplies networking devices comprising routers, switches, mobility/wireless products, Meraki and SDA/DNA assurance technology solutions, and S… Read more
RingNet Co. Ltd (042500) - Total Assets
Latest total assets as of September 2025: ₩155.10 Billion KRW
Based on the latest financial reports, RingNet Co. Ltd (042500) holds total assets worth ₩155.10 Billion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
RingNet Co. Ltd - Total Assets Trend (2011–2024)
This chart illustrates how RingNet Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
RingNet Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
RingNet Co. Ltd's total assets of ₩155.10 Billion consist of 72.5% current assets and 27.6% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩19.87 Billion | 0.0% |
| Accounts Receivable | ₩32.57 Billion | 22.1% |
| Inventory | ₩17.53 Billion | 11.9% |
| Property, Plant & Equipment | ₩7.28 Billion | 4.9% |
| Intangible Assets | ₩948.24 Million | 0.6% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how RingNet Co. Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: RingNet Co. Ltd's current assets represent 72.5% of total assets in 2024, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 18.9% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 22.1% of total assets.
RingNet Co. Ltd Competitors by Total Assets
Key competitors of RingNet Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
RingNet Co. Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - RingNet Co. Ltd generates 1.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, RingNet Co. Ltd generates $8.70 in net profit.
RingNet Co. Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.94 | 2.98 | 2.06 |
| Quick Ratio | 2.20 | 2.16 | 1.97 |
| Cash Ratio | 0.00 | 0.54 | 0.00 |
| Working Capital | ₩72.73 Billion | ₩ 59.25 Billion | ₩ 57.06 Billion |
RingNet Co. Ltd - Advanced Valuation Insights
This section examines the relationship between RingNet Co. Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.64 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -2.8% |
| Total Assets | ₩147.74 Billion |
| Market Capitalization | $31.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values RingNet Co. Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: RingNet Co. Ltd's assets decreased by 2.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for RingNet Co. Ltd (2011–2024)
The table below shows the annual total assets of RingNet Co. Ltd from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩147.74 Billion | -2.76% |
| 2023-12-31 | ₩151.94 Billion | -5.57% |
| 2022-12-31 | ₩160.91 Billion | +23.07% |
| 2021-12-31 | ₩130.75 Billion | +6.11% |
| 2020-12-31 | ₩123.22 Billion | +30.46% |
| 2019-12-31 | ₩94.45 Billion | +1.93% |
| 2018-12-31 | ₩92.66 Billion | +8.69% |
| 2017-12-31 | ₩85.25 Billion | -2.36% |
| 2016-12-31 | ₩87.31 Billion | +9.56% |
| 2015-12-31 | ₩79.69 Billion | +4.56% |
| 2014-12-31 | ₩76.22 Billion | +11.36% |
| 2013-12-31 | ₩68.44 Billion | +10.75% |
| 2012-12-31 | ₩61.80 Billion | +12.46% |
| 2011-12-31 | ₩54.95 Billion | -- |