CItech Co Ltd
CITECH Co., Ltd. manufactures and sells identification and ticket issuing machines in South Korea. It also manufactures digital advertising and information KIOSK, hi-fi audio, and telecommunication media products. In addition, the company develops and sells broadcasting, digital content, and access control system; and equipment rental business, as well as operates restaurant; and sells grocery. F… Read more
CItech Co Ltd (004920) - Net Assets
Latest net assets as of September 2025: ₩56.34 Billion KRW
Based on the latest financial reports, CItech Co Ltd (004920) has net assets worth ₩56.34 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩95.24 Billion) and total liabilities (₩38.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩56.34 Billion |
| % of Total Assets | 59.15% |
| Annual Growth Rate | 9.85% |
| 5-Year Change | 67.4% |
| 10-Year Change | 86.98% |
| Growth Volatility | 23.73 |
CItech Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how CItech Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CItech Co Ltd (2013–2024)
The table below shows the annual net assets of CItech Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩54.78 Billion | -0.26% |
| 2023-12-31 | ₩54.92 Billion | +3.24% |
| 2022-12-31 | ₩53.20 Billion | +11.24% |
| 2021-12-31 | ₩47.82 Billion | +46.15% |
| 2020-12-31 | ₩32.72 Billion | +4.54% |
| 2019-12-31 | ₩31.30 Billion | +29.09% |
| 2018-12-31 | ₩24.25 Billion | +9.98% |
| 2017-12-31 | ₩22.05 Billion | -35.89% |
| 2016-12-31 | ₩34.39 Billion | +17.39% |
| 2015-12-31 | ₩29.30 Billion | +55.54% |
| 2014-12-31 | ₩18.83 Billion | -3.36% |
| 2013-12-31 | ₩19.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CItech Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2901810102000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩90.38 Billion | 165.01% |
| Total Equity | ₩54.78 Billion | 100.00% |
CItech Co Ltd Competitors by Market Cap
The table below lists competitors of CItech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airsculpt Technologies Inc
NASDAQ:AIRS
|
$16.62 Million |
|
Autech Corporation
KQ:067170
|
$16.62 Million |
|
Immunovia AB (publ)
PINK:IMMVF
|
$16.62 Million |
|
Baikowski SASU
PA:ALBKK
|
$16.62 Million |
|
Aura Investments Ltd
TA:AURA
|
$16.60 Million |
|
Indara Insurance Public Company Limited
BK:INSURE
|
$16.60 Million |
|
Sunfar Computer Co Ltd
TWO:6154
|
$16.59 Million |
|
Daesung Eltec Co. Ltd
KQ:025440
|
$16.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CItech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 54,944,815,980 to 54,776,299,000, a change of -168,516,980 (-0.3%).
- Net loss of 94,027,210 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-94.03 Million | -0.17% |
| Other Changes | ₩-74.49 Million | -0.14% |
| Total Change | ₩- | -0.31% |
Book Value vs Market Value Analysis
This analysis compares CItech Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.69x to 0.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1565.48 | ₩1086.00 | x |
| 2018-12-31 | ₩1330.02 | ₩1086.00 | x |
| 2019-12-31 | ₩1760.17 | ₩1086.00 | x |
| 2020-12-31 | ₩1318.90 | ₩1086.00 | x |
| 2021-12-31 | ₩1201.80 | ₩1086.00 | x |
| 2022-12-31 | ₩1239.85 | ₩1086.00 | x |
| 2023-12-31 | ₩1097.45 | ₩1086.00 | x |
| 2024-12-31 | ₩1094.09 | ₩1086.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CItech Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.20%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.68x
- Recent ROE (-0.17%) is above the historical average (-11.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -4.09% | -10.69% | 0.28x | 1.36x | ₩-2.75 Billion |
| 2014 | -18.89% | -24.83% | 0.49x | 1.55x | ₩-5.33 Billion |
| 2015 | 3.88% | 5.19% | 0.53x | 1.41x | ₩-1.74 Billion |
| 2016 | -4.51% | -8.10% | 0.46x | 1.20x | ₩-4.82 Billion |
| 2017 | -48.65% | -49.93% | 0.57x | 1.72x | ₩-13.08 Billion |
| 2018 | -10.77% | -7.71% | 0.75x | 1.86x | ₩-4.80 Billion |
| 2019 | -14.01% | -10.53% | 0.73x | 1.83x | ₩-7.35 Billion |
| 2020 | -14.59% | -8.97% | 0.70x | 2.34x | ₩-7.91 Billion |
| 2021 | -13.37% | -13.36% | 0.59x | 1.69x | ₩-11.03 Billion |
| 2022 | -2.19% | -2.05% | 0.60x | 1.78x | ₩-6.49 Billion |
| 2023 | -14.80% | -14.34% | 0.63x | 1.65x | ₩-13.62 Billion |
| 2024 | -0.17% | -0.20% | 0.52x | 1.68x | ₩-5.57 Billion |
Industry Comparison
This section compares CItech Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,318,160,329,613
- Average return on equity (ROE) among peers: 1.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CItech Co Ltd (004920) | ₩56.34 Billion | -4.09% | 0.69x | $16.60 Million |
| Ssangyong Information & Communications Corp (010280) | $44.71 Billion | -4.06% | 2.04x | $29.02 Million |
| DB INC (012030) | $246.28 Billion | -25.91% | 1.59x | $113.49 Million |
| Samsung SDS Co Ltd (018260) | $7.44 Trillion | 8.21% | 0.41x | $4.40 Billion |
| Daou Tech (023590) | $2.44 Trillion | 4.52% | 6.75x | $720.57 Million |
| Daou Data Corp (032190) | $1.36 Trillion | 12.12% | 41.61x | $227.30 Million |
| Shinsegae I&C (035510) | $199.24 Billion | 5.35% | 0.45x | $108.26 Million |
| WIZ CORP Inc (038620) | $31.04 Billion | 1.18% | 0.04x | $25.91 Million |
| KL-Net Corp (039420) | $30.56 Billion | 8.05% | 0.25x | $27.14 Million |
| Leenos Corp (039980) | $71.80 Billion | 1.39% | 0.28x | $63.07 Million |