Spigen Korea Co. Ltd
Spigen Korea Co.,Ltd, together with its subsidiaries, engages in manufacture, wholesale, and retail of accessories for small mobile devices and electronic devices in South Korea, rest of Asia, Europe, North America, and internationally. The company offers smartphone cases, screen protectors, charging accessories, lifestyle products, bicycle products, and vehicle products under the Spigen brand; a… Read more
Spigen Korea Co. Ltd (192440) - Total Assets
Latest total assets as of September 2025: ₩576.81 Billion KRW
Based on the latest financial reports, Spigen Korea Co. Ltd (192440) holds total assets worth ₩576.81 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.
Spigen Korea Co. Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Spigen Korea Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spigen Korea Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Spigen Korea Co. Ltd's total assets of ₩576.81 Billion consist of 46.5% current assets and 53.5% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩35.30 Billion | 0.0% |
| Accounts Receivable | ₩19.20 Billion | 3.4% |
| Inventory | ₩93.81 Billion | 16.5% |
| Property, Plant & Equipment | ₩195.98 Billion | 34.4% |
| Intangible Assets | ₩7.84 Billion | 1.4% |
| Goodwill | ₩432.50 Million | 0.1% |
Asset Composition Trend (2014–2024)
This chart illustrates how Spigen Korea 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: Spigen Korea Co. Ltd's current assets represent 46.5% of total assets in 2024, a decrease from 89.1% in 2014.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 23.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is property, plant & equipment at 34.4% of total assets.
Spigen Korea Co. Ltd Competitors by Total Assets
Key competitors of Spigen Korea Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Konka Group Co Ltd
SHE:000016
|
China | CN¥29.21 Billion |
|
Tianma Microelectronics Co Ltd
SHE:000050
|
China | CN¥77.26 Billion |
|
Guangdong Goworld Co Ltd
SHE:000823
|
China | CN¥8.51 Billion |
|
Soyea Technology Co Ltd
SHE:000909
|
China | CN¥2.35 Billion |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
China | CN¥1.04 Billion |
|
Emdoor Information Co. Ltd. A
SHE:001314
|
China | CN¥3.90 Billion |
|
Hengdian Group DMEGC Magnetics Co Ltd
SHE:002056
|
China | CN¥25.63 Billion |
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
Spigen Korea 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 - Spigen Korea Co. Ltd generates 0.82x 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, Spigen Korea Co. Ltd generates $5.09 in net profit.
Spigen Korea 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 | 6.04 | 6.31 | 4.23 |
| Quick Ratio | 4.09 | 4.36 | 3.38 |
| Cash Ratio | 0.00 | 2.53 | 0.00 |
| Working Capital | ₩226.14 Billion | ₩ 266.25 Billion | ₩ 168.82 Billion |
Spigen Korea Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Spigen Korea 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 | 0.27 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 10.4% |
| Total Assets | ₩569.00 Billion |
| Market Capitalization | $57.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Spigen Korea Co. Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Spigen Korea Co. Ltd's assets grew by 10.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Spigen Korea Co. Ltd (2014–2024)
The table below shows the annual total assets of Spigen Korea Co. Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩569.00 Billion | +10.37% |
| 2023-12-31 | ₩515.52 Billion | +8.77% |
| 2022-12-31 | ₩473.98 Billion | +2.99% |
| 2021-12-31 | ₩460.24 Billion | +13.54% |
| 2020-12-31 | ₩405.37 Billion | +17.07% |
| 2019-12-31 | ₩346.25 Billion | +16.66% |
| 2018-12-31 | ₩296.80 Billion | +15.24% |
| 2017-12-31 | ₩257.55 Billion | +19.63% |
| 2016-12-31 | ₩215.29 Billion | +20.84% |
| 2015-12-31 | ₩178.16 Billion | +23.62% |
| 2014-12-31 | ₩144.12 Billion | -- |