Comtec Sys
Itcencts Co.,Ltd. engages in the sale, installation, and maintenance of data communication equipment in Korea and internationally. It also offers construction, computer system integration advisory, IT consulting, cloud transition, construction consulting, building integrated infrastructure systems, tamper-proof security, and biometric authentication services. The company was formerly known as Com… Read more
Comtec Sys (031820) - Net Assets
Latest net assets as of September 2025: ₩265.42 Billion KRW
Based on the latest financial reports, Comtec Sys (031820) has net assets worth ₩265.42 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 (₩724.25 Billion) and total liabilities (₩458.83 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 | ₩265.42 Billion |
| % of Total Assets | 36.65% |
| Annual Growth Rate | 9.99% |
| 5-Year Change | 134.64% |
| 10-Year Change | 332.27% |
| Growth Volatility | 18.11 |
Comtec Sys - Net Assets Trend (2007–2024)
This chart illustrates how Comtec Sys's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Comtec Sys (2007–2024)
The table below shows the annual net assets of Comtec Sys from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩233.58 Billion | +12.86% |
| 2023-12-31 | ₩206.97 Billion | +3.55% |
| 2022-12-31 | ₩199.88 Billion | +19.30% |
| 2021-12-31 | ₩167.55 Billion | +68.31% |
| 2020-12-31 | ₩99.55 Billion | +4.91% |
| 2019-12-31 | ₩94.89 Billion | +23.25% |
| 2018-12-31 | ₩76.99 Billion | +31.94% |
| 2017-12-31 | ₩58.35 Billion | +2.16% |
| 2016-12-31 | ₩57.12 Billion | +5.70% |
| 2015-12-31 | ₩54.04 Billion | +5.90% |
| 2014-12-31 | ₩51.03 Billion | -8.55% |
| 2013-12-31 | ₩55.80 Billion | +1.25% |
| 2012-12-31 | ₩55.11 Billion | +9.47% |
| 2011-12-31 | ₩50.34 Billion | -8.16% |
| 2010-12-31 | ₩54.81 Billion | +17.78% |
| 2009-12-31 | ₩46.54 Billion | +13.57% |
| 2008-12-31 | ₩40.98 Billion | -11.51% |
| 2007-12-31 | ₩46.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Comtec Sys'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 8394157819000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩83.94 Billion | 46.89% |
| Other Components | ₩95.08 Billion | 53.11% |
| Total Equity | ₩179.02 Billion | 100.00% |
Comtec Sys Competitors by Market Cap
The table below lists competitors of Comtec Sys ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KOTON MAGAZACILIK
IS:KOTON
|
$45.97 Million |
|
CORESTEM Inc
KQ:166480
|
$45.97 Million |
|
Readytech Holdings Ltd
AU:RDY
|
$45.98 Million |
|
M.I.TECH Co.Ltd
KQ:179290
|
$45.98 Million |
|
PRICELINE.COM
BE:PCE1
|
$45.95 Million |
|
Top Frontier Investment Holdings Inc
OTCGREY:TPHIF
|
$45.95 Million |
|
Kabe Group AB Series B
LSE:0L9Z
|
$45.95 Million |
|
LBG MEDIA PLC LS -001
F:S83
|
$45.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Comtec Sys's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,337,875,560 to 179,021,115,220, a change of 21,683,239,660 (13.8%).
- Net income of 18,667,933,200 contributed positively to equity growth.
- New share issuances of 111,110,000 increased equity.
- Other factors increased equity by 2,904,196,460.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩18.67 Billion | +10.43% |
| Share Issuances | ₩111.11 Million | +0.06% |
| Other Changes | ₩2.90 Billion | +1.62% |
| Total Change | ₩- | 13.78% |
Book Value vs Market Value Analysis
This analysis compares Comtec Sys'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: 0.51x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1482.99 | ₩755.00 | x |
| 2018-12-31 | ₩1474.88 | ₩755.00 | x |
| 2019-12-31 | ₩1398.45 | ₩755.00 | x |
| 2020-12-31 | ₩1402.59 | ₩755.00 | x |
| 2021-12-31 | ₩1157.95 | ₩755.00 | x |
| 2022-12-31 | ₩1258.71 | ₩755.00 | x |
| 2023-12-31 | ₩1299.76 | ₩755.00 | x |
| 2024-12-31 | ₩1478.88 | ₩755.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Comtec Sys 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): 10.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.88%
- • Asset Turnover: 1.61x
- • Equity Multiplier: 3.45x
- Recent ROE (10.43%) is above the historical average (5.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.73% | 2.09% | 1.30x | 2.86x | ₩-876.32 Million |
| 2008 | 1.11% | 0.26% | 1.59x | 2.72x | ₩-3.11 Billion |
| 2009 | 9.80% | 2.47% | 1.41x | 2.80x | ₩-78.12 Million |
| 2010 | 9.34% | 2.45% | 1.44x | 2.65x | ₩-286.60 Million |
| 2011 | 6.93% | 1.90% | 1.55x | 2.36x | ₩-1.52 Billion |
| 2012 | 12.42% | 4.20% | 1.34x | 2.21x | ₩1.31 Billion |
| 2013 | 4.12% | 1.25% | 1.52x | 2.18x | ₩-3.23 Billion |
| 2014 | -6.71% | -1.81% | 1.59x | 2.33x | ₩-8.40 Billion |
| 2015 | 3.28% | 1.19% | 1.36x | 2.02x | ₩-3.58 Billion |
| 2016 | 7.21% | 2.43% | 1.28x | 2.31x | ₩-1.58 Billion |
| 2017 | 1.50% | 0.60% | 1.35x | 1.85x | ₩-4.90 Billion |
| 2018 | 8.51% | 5.24% | 1.10x | 1.47x | ₩-1.15 Billion |
| 2019 | 1.11% | 0.44% | 1.48x | 1.70x | ₩-8.44 Billion |
| 2020 | -0.16% | -0.06% | 1.29x | 1.95x | ₩-9.67 Billion |
| 2021 | 1.70% | 0.62% | 1.10x | 2.49x | ₩-11.63 Billion |
| 2022 | 15.97% | 3.43% | 1.27x | 3.66x | ₩9.09 Billion |
| 2023 | 2.51% | 0.44% | 1.70x | 3.34x | ₩-11.78 Billion |
| 2024 | 10.43% | 1.88% | 1.61x | 3.45x | ₩765.82 Million |
Industry Comparison
This section compares Comtec Sys's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $170,261,419,627
- Average return on equity (ROE) among peers: -3.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Comtec Sys (031820) | ₩265.42 Billion | 7.73% | 1.73x | $45.97 Million |
| Gaon Cable (000500) | $331.01 Billion | 5.41% | 1.42x | $211.74 Million |
| Huneed Tech (005870) | $78.72 Billion | 1.48% | 1.08x | $37.01 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $74.40 Billion | -36.66% | 1.12x | $166.79 Million |
| Humax Holdings Co. Ltd (028080) | $494.41 Billion | 1.66% | 0.79x | $4.37 Million |
| KMW Inc. (032500) | $240.29 Billion | -11.11% | 0.44x | $511.46 Million |
| Insung Information Co. Ltd (033230) | $47.46 Billion | 5.50% | 1.41x | $42.22 Million |
| Bluecom Co. Ltd (033560) | $157.47 Billion | -1.74% | 0.11x | $16.95 Million |
| Kisan Telecom Co. Ltd (035460) | $38.51 Billion | 6.45% | 1.03x | $16.25 Million |
| Samji Electronics Co. Ltd (037460) | $70.08 Billion | -3.58% | 0.35x | $115.55 Million |