KC Co. Ltd (029460) - Net Assets
Based on the latest financial reports, KC Co. Ltd (029460) has net assets worth ₩1.09 Trillion KRW (≈ $736.27 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩1.33 Trillion ≈ $898.79 Million USD) and total liabilities (₩239.82 Billion ≈ $162.52 Million USD). 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. See net asset quality index of KC Co. Ltd to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.09 Trillion |
| % of Total Assets | 81.92% |
| Annual Growth Rate | 12.72% |
| 5-Year Change | 29.63% |
| 10-Year Change | 184.83% |
| Growth Volatility | 16.11 |
KC Co. Ltd - Net Assets Trend (2003–2025)
This chart illustrates how KC Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore KC Co. Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for KC Co. Ltd (2003–2025)
The table below shows the annual net assets of KC Co. Ltd from 2003 to 2025. For live market cap and overall valuation, see 029460 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩968.72 Billion ≈ $656.48 Million |
+12.96% |
| 2024-12-31 | ₩857.55 Billion ≈ $581.15 Million |
-0.85% |
| 2023-12-31 | ₩864.92 Billion ≈ $586.14 Million |
+9.38% |
| 2022-12-31 | ₩790.76 Billion ≈ $535.89 Million |
+5.82% |
| 2021-12-31 | ₩747.30 Billion ≈ $506.44 Million |
+13.40% |
| 2020-12-31 | ₩658.99 Billion ≈ $446.59 Million |
+29.91% |
| 2019-12-31 | ₩507.29 Billion ≈ $343.78 Million |
+22.35% |
| 2018-12-31 | ₩414.61 Billion ≈ $280.97 Million |
+67.40% |
| 2017-12-31 | ₩247.67 Billion ≈ $167.84 Million |
-27.18% |
| 2016-12-31 | ₩340.10 Billion ≈ $230.48 Million |
+12.30% |
| 2015-12-31 | ₩302.85 Billion ≈ $205.24 Million |
+15.27% |
| 2014-12-31 | ₩262.72 Billion ≈ $178.04 Million |
+9.30% |
| 2013-12-31 | ₩240.37 Billion ≈ $162.89 Million |
+15.68% |
| 2012-12-31 | ₩207.79 Billion ≈ $140.82 Million |
+3.84% |
| 2011-12-31 | ₩200.11 Billion ≈ $135.61 Million |
+6.02% |
| 2010-12-31 | ₩188.75 Billion ≈ $127.91 Million |
+24.07% |
| 2009-12-31 | ₩152.13 Billion ≈ $103.10 Million |
+3.03% |
| 2008-12-31 | ₩147.65 Billion ≈ $100.06 Million |
+8.91% |
| 2007-12-31 | ₩135.57 Billion ≈ $91.88 Million |
+20.86% |
| 2006-12-31 | ₩112.17 Billion ≈ $76.02 Million |
+16.39% |
| 2005-12-31 | ₩96.37 Billion ≈ $65.31 Million |
+15.86% |
| 2004-12-31 | ₩83.18 Billion ≈ $56.37 Million |
+19.59% |
| 2003-12-31 | ₩69.55 Billion ≈ $47.14 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to KC 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 grown by 499922.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩796.56 Billion | 93.51% |
| Other Components | ₩55.28 Billion | 6.49% |
| Total Equity | ₩851.84 Billion | 100.00% |
KC Co. Ltd Competitors by Market Cap
The table below lists competitors of KC Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Wanlin Modern Logistic
SHG:603117
|
$348.10 Million |
|
Meshflow Acquisition Corp. Class A Ordinary Shares
NASDAQ:MESH
|
$348.11 Million |
|
EDREAMS ODIGEO UNS.ADR/10
F:K0I
|
$348.18 Million |
|
ON24 Inc
NYSE:ONTF
|
$348.25 Million |
|
Tiv Taam
TA:TTAM
|
$347.90 Million |
|
Palm Landscape Architecture Co Ltd
SHE:002431
|
$347.51 Million |
|
HEBA Fastighets AB (publ)
ST:HEBA-B
|
$347.40 Million |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
$347.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KC Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 759,740,076,010 to 851,836,064,090, a change of 92,095,988,080 (12.1%).
- Net income of 43,872,299,830 contributed positively to equity growth.
- Dividend payments of 4,157,673,080 reduced retained earnings.
- Share repurchases of 2,679,867,300 reduced equity.
- Other factors increased equity by 55,061,228,630.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩43.87 Billion | +5.15% |
| Dividends Paid | ₩4.16 Billion | -0.49% |
| Share Repurchases | ₩2.68 Billion | -0.31% |
| Other Changes | ₩55.06 Billion | +6.46% |
| Total Change | ₩- | 12.12% |
Book Value vs Market Value Analysis
This analysis compares KC 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: 0.58x
- 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 decreased from 2.70x to 0.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩17092.15 | ₩46200.00 | x |
| 2018-12-31 | ₩29329.61 | ₩46200.00 | x |
| 2019-12-31 | ₩36144.11 | ₩46200.00 | x |
| 2020-12-31 | ₩47635.94 | ₩46200.00 | x |
| 2021-12-31 | ₩53832.50 | ₩46200.00 | x |
| 2022-12-31 | ₩58057.99 | ₩46200.00 | x |
| 2023-12-31 | ₩63264.03 | ₩46200.00 | x |
| 2024-12-31 | ₩68149.78 | ₩46200.00 | x |
| 2025-12-31 | ₩79186.47 | ₩46200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KC 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): 5.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.50%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.35x
- Recent ROE (5.15%) is below the historical average (13.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 6.17% | 4.82% | 0.84x | 1.53x | ₩-2.56 Billion |
| 2004 | 16.09% | 6.91% | 1.60x | 1.45x | ₩4.84 Billion |
| 2005 | 14.49% | 7.59% | 1.23x | 1.55x | ₩3.98 Billion |
| 2006 | 11.79% | 5.88% | 1.27x | 1.59x | ₩1.80 Billion |
| 2007 | 14.31% | 9.75% | 0.94x | 1.57x | ₩5.20 Billion |
| 2008 | 8.49% | 4.66% | 1.21x | 1.50x | ₩-1.98 Billion |
| 2009 | 7.14% | 8.16% | 0.60x | 1.45x | ₩-4.02 Billion |
| 2010 | 14.64% | 8.08% | 1.28x | 1.42x | ₩7.94 Billion |
| 2011 | 8.02% | 5.87% | 1.03x | 1.32x | ₩-3.79 Billion |
| 2012 | 5.67% | 6.57% | 0.72x | 1.20x | ₩-8.63 Billion |
| 2013 | 11.74% | 9.15% | 0.93x | 1.38x | ₩3.84 Billion |
| 2014 | 10.56% | 7.22% | 1.01x | 1.44x | ₩1.36 Billion |
| 2015 | 15.14% | 9.85% | 1.08x | 1.43x | ₩14.56 Billion |
| 2016 | 15.15% | 9.84% | 1.03x | 1.49x | ₩16.30 Billion |
| 2017 | 34.49% | 12.80% | 1.52x | 1.77x | ₩52.10 Billion |
| 2018 | 53.35% | 37.01% | 0.92x | 1.57x | ₩158.21 Billion |
| 2019 | 11.22% | 9.86% | 0.75x | 1.51x | ₩5.47 Billion |
| 2020 | 8.09% | 8.31% | 0.66x | 1.47x | ₩-11.34 Billion |
| 2021 | 7.80% | 9.43% | 0.57x | 1.44x | ₩-14.71 Billion |
| 2022 | 14.09% | 11.60% | 0.85x | 1.42x | ₩28.88 Billion |
| 2023 | 6.18% | 6.54% | 0.68x | 1.38x | ₩-29.45 Billion |
| 2024 | 6.12% | 6.29% | 0.71x | 1.38x | ₩-29.49 Billion |
| 2025 | 5.15% | 5.50% | 0.69x | 1.35x | ₩-41.31 Billion |
Industry Comparison
This section compares KC Co. Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $93,160,838,302
- Average return on equity (ROE) among peers: 5.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KC Co. Ltd (029460) | ₩1.09 Trillion | 6.17% | 0.22x | $348.07 Million |
| D I Corp (003160) | $120.81 Billion | 0.00% | 0.57x | $782.98 Million |
| Samick Thk (004380) | $74.68 Billion | 0.00% | 1.86x | $106.89 Million |
| PSMC CO. Ltd (024850) | $63.56 Billion | 0.00% | 0.77x | $1.82 Billion |
| Mirae Corporation (025560) | $73.10 Billion | -12.99% | 0.16x | $147.91 Million |
| MK Electron Co. Ltd (033160) | $128.16 Billion | 13.82% | 1.89x | $281.33 Million |
| Signetics Corporation (033170) | $123.49 Billion | 13.76% | 0.48x | $198.40 Million |
| Nepes Corporation (033640) | $130.83 Billion | 14.09% | 1.28x | $520.38 Million |
| EO Technics Co. Ltd (039030) | $96.39 Billion | 3.08% | 0.42x | $4.37 Billion |
| STI Co. Ltd (039440) | $27.44 Billion | 14.54% | 0.79x | $251.67 Million |
About KC Co. Ltd
KC Co., Ltd. manufactures and distributes semiconductor systems, display systems, and electronic materials in South Korea and internationally. The company offers semiconductor equipment, including chemical mechanical polishing equipment, and wet cleaning systems. It also offers display equipment, such as wet station systems, atmospheric pressure plasma cleaners, CO2 cleaners, and coater and track… Read more