290560
Sinsiway Co., Ltd. provides database security solutions in South Korea. It offers Petra, a database access control solution; Petra Cipher, a database encryption solution; Petra File Cipher, an unstructured data encryption solution; and Petra Sign, a web-based database privilege solution, as well as cloud solution. The company was founded in 2005 and is headquartered in Seoul, South Korea.
290560 (290560) - Total Assets
Latest total assets as of March 2025: ₩23.56 Billion KRW
Based on the latest financial reports, 290560 (290560) holds total assets worth ₩23.56 Billion KRW as of March 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.
290560 - Total Assets Trend (2022–2024)
This chart illustrates how 290560’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
290560 - Asset Composition Analysis
Current Asset Composition (December 2024)
290560's total assets of ₩23.56 Billion consist of 72.6% current assets and 27.4% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩3.22 Billion | 0.0% |
| Accounts Receivable | ₩1.58 Billion | 6.3% |
| Inventory | ₩0.00 | 0.0% |
| Property, Plant & Equipment | ₩4.41 Billion | 17.4% |
| Intangible Assets | ₩33.90 Million | 0.1% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how 290560'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: 290560's current assets represent 72.6% of total assets in 2024, an increase from 57.6% in 2022.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, the same as 0.0% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is property, plant & equipment at 17.4% of total assets.
290560 Competitors by Total Assets
Key competitors of 290560 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 |
290560 - 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
Moderate asset utilization - 290560 generates 0.47x 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, 290560 generates $9.92 in net profit.
290560 - 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 | 11.34 | 11.84 | 11.84 |
| Quick Ratio | 11.34 | 11.84 | 11.84 |
| Cash Ratio | 0.98 | 1.33 | 1.33 |
| Working Capital | ₩15.17 Billion | ₩ 13.70 Billion | ₩ 13.70 Billion |
290560 - Advanced Valuation Insights
This section examines the relationship between 290560'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 | 1.37 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 10.4% |
| Total Assets | ₩25.31 Billion |
| Market Capitalization | $664.60K USD |
Valuation Analysis
Below Book Valuation: The market values 290560's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: 290560's assets grew by 10.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for 290560 (2022–2024)
The table below shows the annual total assets of 290560 from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩25.31 Billion | +10.40% |
| 2023-12-31 | ₩22.92 Billion | +32.38% |
| 2022-12-31 | ₩17.32 Billion | -- |