Settlebank Corporation
Hecto Financial Co., Ltd., a fintech company, provides fintech platform services in South Korea. The company offers cash payment, PG electronic payment, kiosk payment, bulk transfer, virtual account, and G banking services, as well as depositor name inquiry, deposit transaction history inquiry, SMS sending agency, and cash receipt issuance agency services. It also provides technical and customer … Read more
Settlebank Corporation (234340) - Total Assets
Latest total assets as of September 2025: ₩524.31 Billion KRW
Based on the latest financial reports, Settlebank Corporation (234340) holds total assets worth ₩524.31 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.
Settlebank Corporation - Total Assets Trend (2017–2024)
This chart illustrates how Settlebank Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Settlebank Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Settlebank Corporation's total assets of ₩524.31 Billion consist of 82.3% current assets and 17.7% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩202.36 Billion | 44.8% |
| Accounts Receivable | ₩9.35 Billion | 2.1% |
| Inventory | ₩1.90 Billion | 0.4% |
| Property, Plant & Equipment | ₩7.80 Billion | 1.7% |
| Intangible Assets | ₩10.01 Billion | 2.2% |
| Goodwill | ₩11.00 Billion | 2.4% |
Asset Composition Trend (2017–2024)
This chart illustrates how Settlebank Corporation'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: Settlebank Corporation's current assets represent 82.3% of total assets in 2024, a decrease from 92.8% in 2017.
- Cash Position: Cash and equivalents constituted 44.8% of total assets in 2024, down from 80.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 1.0% in 2017.
- Asset Diversification: The largest asset category is cash and equivalents at 44.8% of total assets.
Settlebank Corporation Competitors by Total Assets
Key competitors of Settlebank Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Settlebank Corporation - 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
Lower asset utilization - Settlebank Corporation generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Settlebank Corporation generates $ 2.15 in net profit.
Settlebank Corporation - 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 | 1.29 | 1.30 | 1.97 |
| Quick Ratio | 1.28 | 1.29 | 1.97 |
| Cash Ratio | 0.00 | 0.67 | 0.00 |
| Working Capital | ₩96.24 Billion | ₩ 85.27 Billion | ₩ 82.42 Billion |
Settlebank Corporation - Advanced Valuation Insights
This section examines the relationship between Settlebank Corporation'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 | 2.07 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.9% |
| Total Assets | ₩451.57 Billion |
| Market Capitalization | $182.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Settlebank Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Settlebank Corporation's assets grew by 19.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Settlebank Corporation (2017–2024)
The table below shows the annual total assets of Settlebank Corporation from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩451.57 Billion | +19.89% |
| 2023-12-31 | ₩376.66 Billion | +11.90% |
| 2022-12-31 | ₩336.61 Billion | +17.58% |
| 2021-12-31 | ₩286.27 Billion | +37.20% |
| 2020-12-31 | ₩208.66 Billion | +23.29% |
| 2019-12-31 | ₩169.24 Billion | +48.54% |
| 2018-12-31 | ₩113.93 Billion | +13.56% |
| 2017-12-31 | ₩100.33 Billion | -- |