BitNine Co. Ltd. (357880) - Total Assets
Based on the latest financial reports, BitNine Co. Ltd. (357880) holds total assets worth ₩41.51 Billion KRW (≈ $28.13 Million USD) as of March 2026. 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. Explore debt repayment capacity of BitNine Co. Ltd. to assess how comfortably operating cash covers total debt obligations.
BitNine Co. Ltd. - Total Assets Trend (2018–2025)
This chart illustrates how BitNine Co. Ltd.'s total assets have evolved over time, based on quarterly financial data. See BitNine Co. Ltd. net assets for net asset value and shareholders' equity analysis.
BitNine Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2025)
BitNine Co. Ltd.'s total assets of ₩41.51 Billion consist of 67.6% current assets and 32.4% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 1.6% |
| Accounts Receivable | ₩3.50 Billion | 9.1% |
| Inventory | ₩394.32 Million | 1.0% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩67.03 Million | 0.2% |
| Goodwill | ₩278.46 Million | 0.7% |
Asset Composition Trend (2018–2025)
This chart illustrates how BitNine 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. For live market cap, price, and company overview, see 357880 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: BitNine Co. Ltd.'s current assets represent 67.6% of total assets in 2025, a decrease from 80.1% in 2018.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2025, up from 0.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 9.1% of total assets.
BitNine Co. Ltd. Competitors by Total Assets
Key competitors of BitNine Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ysstech Info-Tech Co Ltd
SHE:300377
|
China | CN¥2.64 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥11.19 Billion |
|
Beijing Shenzhou Aerospace Software Technology Co. Ltd. A
SHG:688562
|
China | CN¥2.93 Billion |
|
QORIA Ltd
AU:QOR
|
Australia | AU$333.44 Million |
|
SEEING MACHINES LTD
F:M2Z
|
Germany | €109.54 Million |
|
WORLDLINE S.A. UNSP.ADR
F:WO60
|
Germany | €13.15 Billion |
|
Findi Ltd
AU:FND
|
Australia | AU$280.69 Million |
|
LIGHTON
PA:ALTAI
|
France | €12.98 Million |
BitNine 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 | 0.30 | 0.46 | 3.51 |
| Quick Ratio | 0.26 | 0.32 | 3.51 |
| Cash Ratio | 0.00 | 0.04 | 2.17 |
| Working Capital | ₩-14.95 Billion | ₩-13.86 Billion | ₩9.63 Billion |
BitNine Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between BitNine 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 | 7.03 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 25.0% |
| Total Assets | ₩38.47 Billion |
| Market Capitalization | $69.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values BitNine Co. Ltd.'s assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: BitNine Co. Ltd.'s assets grew by 25.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for BitNine Co. Ltd. (2018–2025)
The table below shows the annual total assets of BitNine Co. Ltd. from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₩38.47 Billion ≈ $26.07 Million |
+25.04% |
| 2024-12-31 | ₩30.77 Billion ≈ $20.85 Million |
-48.87% |
| 2023-12-31 | ₩60.17 Billion ≈ $40.78 Million |
-16.55% |
| 2022-12-31 | ₩72.10 Billion ≈ $48.86 Million |
+104.57% |
| 2021-12-31 | ₩35.24 Billion ≈ $23.88 Million |
+396.28% |
| 2020-12-31 | ₩7.10 Billion ≈ $4.81 Million |
-16.03% |
| 2019-12-31 | ₩8.46 Billion ≈ $5.73 Million |
-37.94% |
| 2018-12-31 | ₩13.63 Billion ≈ $9.24 Million |
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About BitNine Co. Ltd.
SKAI worldwide Co., Ltd. engages in graph database solutions based on graph technology and software business in South Korea. It offers AgensSQL, a software that provides technical support for modification and development; and AgensGraph, an enterprise graph database management system that stores and manages various data. It also provides products including Graph RAG, an AI marketing solution, Gen… Read more