Telcoware (078000) - Net Assets
Based on the latest financial reports, Telcoware (078000) has net assets worth ₩105.15 Billion KRW (≈ $71.26 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩129.90 Billion ≈ $88.03 Million USD) and total liabilities (₩24.75 Billion ≈ $16.78 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. Check how resilient are Telcoware's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩105.15 Billion |
| % of Total Assets | 80.94% |
| Annual Growth Rate | 1.58% |
| 5-Year Change | -0.56% |
| 10-Year Change | 4.67% |
| Growth Volatility | 3.9 |
Telcoware - Net Assets Trend (2011–2024)
This chart illustrates how Telcoware's net assets have evolved over time, based on quarterly financial data. Also explore how large is Telcoware's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Telcoware (2011–2024)
The table below shows the annual net assets of Telcoware from 2011 to 2024. For live valuation and market cap data, see 078000 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩109.40 Billion ≈ $74.14 Million |
-2.86% |
| 2023-12-31 | ₩112.62 Billion ≈ $76.32 Million |
+0.99% |
| 2022-12-31 | ₩111.52 Billion ≈ $75.58 Million |
+1.95% |
| 2021-12-31 | ₩109.38 Billion ≈ $74.13 Million |
-0.57% |
| 2020-12-31 | ₩110.01 Billion ≈ $74.55 Million |
-0.98% |
| 2019-12-31 | ₩111.10 Billion ≈ $75.29 Million |
+0.33% |
| 2018-12-31 | ₩110.73 Billion ≈ $75.04 Million |
+2.68% |
| 2017-12-31 | ₩107.84 Billion ≈ $73.08 Million |
+2.44% |
| 2016-12-31 | ₩105.28 Billion ≈ $71.34 Million |
+0.73% |
| 2015-12-31 | ₩104.52 Billion ≈ $70.83 Million |
+4.36% |
| 2014-12-31 | ₩100.15 Billion ≈ $67.87 Million |
+3.80% |
| 2013-12-31 | ₩96.49 Billion ≈ $65.39 Million |
+12.50% |
| 2012-12-31 | ₩85.76 Billion ≈ $58.12 Million |
-3.87% |
| 2011-12-31 | ₩89.22 Billion ≈ $60.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Telcoware'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 51140.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩99.84 Billion | 91.26% |
| Other Components | ₩9.56 Billion | 8.74% |
| Total Equity | ₩109.40 Billion | 100.00% |
Telcoware Competitors by Market Cap
The table below lists competitors of Telcoware ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Steel Co Ltd
KO:007280
|
$59.17 Million |
|
Vishnu Prakash R Punglia Limited
NSE:VPRPL
|
$59.18 Million |
|
YES24 Co.Ltd
KQ:053280
|
$59.18 Million |
|
EstechPharma Co. Ltd
KQ:041910
|
$59.21 Million |
|
Star Media Group Bhd
KLSE:6084
|
$59.14 Million |
|
Enersense International Oyj
HE:ESENSE
|
$59.09 Million |
|
Global Self Storage Inc
NASDAQ:SELF
|
$59.08 Million |
|
FarGlory Hotel Co Ltd
TW:2712
|
$59.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telcoware's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 112,622,664,080 to 109,396,406,000, a change of -3,226,258,080 (-2.9%).
- Net income of 4,975,514,480 contributed positively to equity growth.
- Dividend payments of 3,567,739,520 reduced retained earnings.
- Share repurchases of 4,249,688,490 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.98 Billion | +4.55% |
| Dividends Paid | ₩3.57 Billion | -3.26% |
| Share Repurchases | ₩4.25 Billion | -3.88% |
| Other Changes | ₩-384.34 Million | -0.35% |
| Total Change | ₩- | -2.86% |
Book Value vs Market Value Analysis
This analysis compares Telcoware'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: 0.80x
- 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 | ₩19166.34 | ₩16900.00 | x |
| 2018-12-31 | ₩19679.75 | ₩16900.00 | x |
| 2019-12-31 | ₩19745.04 | ₩16900.00 | x |
| 2020-12-31 | ₩19552.26 | ₩16900.00 | x |
| 2021-12-31 | ₩19440.54 | ₩16900.00 | x |
| 2022-12-31 | ₩19820.21 | ₩16900.00 | x |
| 2023-12-31 | ₩20336.67 | ₩16900.00 | x |
| 2024-12-31 | ₩21184.42 | ₩16900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telcoware 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): 4.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.09%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.13x
- Recent ROE (4.55%) is below the historical average (5.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 6.23% | 10.12% | 0.49x | 1.26x | ₩-3.36 Billion |
| 2012 | 7.90% | 10.88% | 0.56x | 1.29x | ₩-1.80 Billion |
| 2013 | 11.23% | 16.48% | 0.52x | 1.32x | ₩1.19 Billion |
| 2014 | 7.60% | 15.03% | 0.44x | 1.15x | ₩-2.40 Billion |
| 2015 | 7.45% | 13.11% | 0.50x | 1.14x | ₩-2.67 Billion |
| 2016 | 4.28% | 11.01% | 0.35x | 1.10x | ₩-6.02 Billion |
| 2017 | 4.92% | 12.80% | 0.35x | 1.10x | ₩-5.48 Billion |
| 2018 | 5.73% | 15.05% | 0.33x | 1.14x | ₩-4.73 Billion |
| 2019 | 3.86% | 10.25% | 0.33x | 1.15x | ₩-6.83 Billion |
| 2020 | 1.70% | 5.13% | 0.30x | 1.12x | ₩-9.13 Billion |
| 2021 | 1.66% | 5.20% | 0.29x | 1.12x | ₩-9.13 Billion |
| 2022 | 3.47% | 9.09% | 0.32x | 1.18x | ₩-7.28 Billion |
| 2023 | 4.74% | 13.13% | 0.32x | 1.13x | ₩-5.93 Billion |
| 2024 | 4.55% | 11.09% | 0.36x | 1.13x | ₩-5.96 Billion |
Industry Comparison
This section compares Telcoware's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $3,699,098,142,824
- Average return on equity (ROE) among peers: 7.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telcoware (078000) | ₩105.15 Billion | 6.23% | 0.24x | $59.14 Million |
| Inscobee (006490) | $36.22 Billion | 7.05% | 0.91x | $38.95 Million |
| SK Telecom Co Ltd (017670) | $6.09 Trillion | 15.92% | 0.81x | $13.73 Billion |
| KT Corporation (030200) | $11.50 Trillion | 10.16% | 1.41x | $9.95 Billion |
| LG Uplus (032640) | $7.96 Trillion | 8.95% | 1.43x | $4.67 Billion |
| KTIS Corporation (058860) | $168.27 Billion | 5.47% | 0.85x | $59.66 Million |
| Wiable Corp (065530) | $70.95 Billion | 4.24% | 1.05x | $67.43 Million |
| Uangel (072130) | $69.46 Billion | 0.00% | 0.17x | $43.81 Million |
About Telcoware
Telcoware Co.,Ltd. operates in the application software development and supply industry in South Korea. The company offers IMS solutions, such as call session control, home, interconnection border control, media gateway control, and media resource function, as well as a session border controller, C4- soft switch, RCS IM system, and subscriber and telephony application server. It also provides 5G/… Read more