IBKS No. 15 Special Purpose Acquisition Co. Ltd.
Xplus Inc. manufactures and sells mobile IT device accessories in South Korea and internationally. The company offers covers, wireless chargers, earphone cases, etc. Xplus Inc. was founded in 2005 and is headquartered in Seoul, South Korea.
IBKS No. 15 Special Purpose Acquisition Co. Ltd. (373200) - Total Assets
Latest total assets as of September 2025: ₩61.98 Billion KRW
Based on the latest financial reports, IBKS No. 15 Special Purpose Acquisition Co. Ltd. (373200) holds total assets worth ₩61.98 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.
IBKS No. 15 Special Purpose Acquisition Co. Ltd. - Total Assets Trend (2020–2024)
This chart illustrates how IBKS No. 15 Special Purpose Acquisition Co. Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
IBKS No. 15 Special Purpose Acquisition Co. Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
IBKS No. 15 Special Purpose Acquisition Co. Ltd.'s total assets of ₩61.98 Billion consist of 8.4% current assets and 91.6% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩668.67 Million | 2.7% |
| Accounts Receivable | ₩23.52 Million | 0.1% |
| Inventory | ₩116.51 Million | 0.5% |
| Property, Plant & Equipment | ₩509.32 Million | 2.0% |
| Intangible Assets | ₩42.92 Million | 0.2% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how IBKS No. 15 Special Purpose Acquisition 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: IBKS No. 15 Special Purpose Acquisition Co. Ltd.'s current assets represent 8.4% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2024, down from 100.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is cash and equivalents at 2.7% of total assets.
IBKS No. 15 Special Purpose Acquisition Co. Ltd. Competitors by Total Assets
Key competitors of IBKS No. 15 Special Purpose Acquisition Co. Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
IBKS No. 15 Special Purpose Acquisition 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
Moderate asset utilization - IBKS No. 15 Special Purpose Acquisition Co. Ltd. generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - IBKS No. 15 Special Purpose Acquisition Co. Ltd. is currently not profitable relative to its asset base.
IBKS No. 15 Special Purpose Acquisition 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 | 0.90 | 0.17 | 369.77 |
| Quick Ratio | 0.84 | 0.15 | 369.77 |
| Cash Ratio | 0.00 | 0.01 | 0.00 |
| Working Capital | ₩-2.91 Billion | ₩ -20.00 Billion | ₩ 1.40 Billion |
IBKS No. 15 Special Purpose Acquisition Co. Ltd. - Advanced Valuation Insights
This section examines the relationship between IBKS No. 15 Special Purpose Acquisition 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 | 4.84 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -23.2% |
| Total Assets | ₩25.27 Billion |
| Market Capitalization | $32.79 Million USD |
Valuation Analysis
Below Book Valuation: The market values IBKS No. 15 Special Purpose Acquisition Co. Ltd.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: IBKS No. 15 Special Purpose Acquisition Co. Ltd.'s assets decreased by 23.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for IBKS No. 15 Special Purpose Acquisition Co. Ltd. (2020–2024)
The table below shows the annual total assets of IBKS No. 15 Special Purpose Acquisition Co. Ltd. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩25.27 Billion | -23.16% |
| 2023-12-31 | ₩32.89 Billion | +12.49% |
| 2022-12-31 | ₩29.24 Billion | +276.03% |
| 2021-12-31 | ₩7.77 Billion | +390.43% |
| 2020-12-31 | ₩1.59 Billion | -- |