Kec Corporation
Kec Corporation engages in the manufacture and sale of non-memory semiconductors in South Korea, China, Japan, and the United States. It offers fast recovery and bridge rectifiers; and protection, Schottky barrier, switching, zener, and silicon carbide Schottky barrier diodes. The company also provides bipolar transistors, such as complex, darlington, digital, general purpose bipolar, and array t… Read more
Kec Corporation (092220) - Net Assets
Latest net assets as of September 2025: ₩336.38 Billion KRW
Based on the latest financial reports, Kec Corporation (092220) has net assets worth ₩336.38 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 (₩447.27 Billion) and total liabilities (₩110.89 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 | ₩336.38 Billion |
| % of Total Assets | 75.21% |
| Annual Growth Rate | 4.74% |
| 5-Year Change | 106.87% |
| 10-Year Change | 131.24% |
| Growth Volatility | 19.49 |
Kec Corporation - Net Assets Trend (2006–2024)
This chart illustrates how Kec Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kec Corporation (2006–2024)
The table below shows the annual net assets of Kec Corporation from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩349.13 Billion | -2.12% |
| 2023-12-31 | ₩356.71 Billion | +17.09% |
| 2022-12-31 | ₩304.65 Billion | +9.13% |
| 2021-12-31 | ₩279.15 Billion | +65.40% |
| 2020-12-31 | ₩168.77 Billion | -21.12% |
| 2019-12-31 | ₩213.96 Billion | -5.08% |
| 2018-12-31 | ₩225.41 Billion | +1.24% |
| 2017-12-31 | ₩222.64 Billion | +10.11% |
| 2016-12-31 | ₩202.20 Billion | +33.92% |
| 2015-12-31 | ₩150.99 Billion | -0.25% |
| 2014-12-31 | ₩151.37 Billion | -2.89% |
| 2013-12-31 | ₩155.88 Billion | +0.81% |
| 2012-12-31 | ₩154.62 Billion | -7.13% |
| 2011-12-31 | ₩166.49 Billion | +14.89% |
| 2010-12-31 | ₩144.92 Billion | -24.72% |
| 2009-12-31 | ₩192.50 Billion | +15.56% |
| 2008-12-31 | ₩166.58 Billion | +4.00% |
| 2007-12-31 | ₩160.17 Billion | +5.68% |
| 2006-12-31 | ₩151.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kec Corporation'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 990087167000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩359.03 Billion | 102.84% |
| Total Equity | ₩349.13 Billion | 100.00% |
Kec Corporation Competitors by Market Cap
The table below lists competitors of Kec Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DAE HWA Pharmaceutical Co. Ltd
KQ:067080
|
$133.43 Million |
|
Meliá Hotels International S.A
PINK:SMIZF
|
$133.45 Million |
|
Stellar V Capital Corp. Class A Ordinary Shares
NASDAQ:SVCC
|
$133.52 Million |
|
Cipher Pharmaceuticals Inc
OTCQX:CPHRF
|
$133.52 Million |
|
LIVECHAT SOFTW.AB ZY-02
F:886
|
$133.39 Million |
|
Sterling Bancorp Inc
NASDAQ:SBT
|
$133.34 Million |
|
ZALARIS ASA A NK -10
F:81Y
|
$133.32 Million |
|
Plano & Plano Desenvolvimento Imobiliário S.A
SA:PLPL3
|
$133.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kec Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 348,987,298,550 to 349,133,047,090, a change of 145,748,540 (0.0%).
- Net loss of 11,377,948,450 reduced equity.
- Dividend payments of 4,015,251,140 reduced retained earnings.
- Other factors increased equity by 15,538,948,130.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-11.38 Billion | -3.26% |
| Dividends Paid | ₩4.02 Billion | -1.15% |
| Other Changes | ₩15.54 Billion | +4.45% |
| Total Change | ₩- | 0.04% |
Book Value vs Market Value Analysis
This analysis compares Kec Corporation'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: 0.81x
- 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 | ₩1960.77 | ₩1416.00 | x |
| 2018-12-31 | ₩1952.71 | ₩1416.00 | x |
| 2019-12-31 | ₩1781.78 | ₩1416.00 | x |
| 2020-12-31 | ₩1394.22 | ₩1416.00 | x |
| 2021-12-31 | ₩1883.58 | ₩1416.00 | x |
| 2022-12-31 | ₩2054.76 | ₩1416.00 | x |
| 2023-12-31 | ₩1738.30 | ₩1416.00 | x |
| 2024-12-31 | ₩1739.03 | ₩1416.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kec Corporation 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): -3.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.68%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.29x
- Recent ROE (-3.26%) is above the historical average (-4.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 1.10% | 0.56% | 0.84x | 2.36x | ₩-13.88 Billion |
| 2013 | -19.32% | -11.14% | 0.69x | 2.51x | ₩-43.91 Billion |
| 2014 | 3.57% | 2.39% | 0.63x | 2.36x | ₩-9.45 Billion |
| 2015 | 0.60% | 0.42% | 0.61x | 2.32x | ₩-13.79 Billion |
| 2016 | 0.15% | 0.13% | 0.59x | 1.94x | ₩-19.43 Billion |
| 2017 | 0.43% | 0.40% | 0.66x | 1.66x | ₩-20.80 Billion |
| 2018 | 0.67% | 0.67% | 0.62x | 1.60x | ₩-20.49 Billion |
| 2019 | -9.24% | -9.52% | 0.60x | 1.61x | ₩-40.01 Billion |
| 2020 | -27.83% | -22.52% | 0.55x | 2.26x | ₩-61.55 Billion |
| 2021 | 3.52% | 3.59% | 0.67x | 1.47x | ₩-17.67 Billion |
| 2022 | 7.35% | 8.54% | 0.64x | 1.35x | ₩-7.88 Billion |
| 2023 | -10.93% | -18.43% | 0.46x | 1.28x | ₩-73.04 Billion |
| 2024 | -3.26% | -4.68% | 0.54x | 1.29x | ₩-46.29 Billion |
Industry Comparison
This section compares Kec Corporation's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $128,266,771,899
- Average return on equity (ROE) among peers: -0.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kec Corporation (092220) | ₩336.38 Billion | 1.10% | 0.33x | $133.40 Million |
| D I Corp (003160) | $167.74 Billion | 0.65% | 0.91x | $431.82 Million |
| Samick Thk (004380) | $79.31 Billion | 5.11% | 0.99x | $42.11 Million |
| PSMC CO. Ltd (024850) | $22.26 Billion | -14.70% | 0.84x | $196.26 Million |
| Mirae Corporation (025560) | $38.02 Billion | 0.00% | 1.53x | $27.97 Million |
| MK Electron Co. Ltd (033160) | $352.21 Billion | 7.86% | 4.63x | $116.29 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $27.88 Million |
| Nepes Corporation (033640) | $120.68 Billion | 0.00% | 0.99x | $198.76 Million |
| EO Technics Co. Ltd (039030) | $163.17 Billion | 20.30% | 0.48x | $2.23 Billion |
| Hanmi Semicon (042700) | $127.29 Billion | 5.51% | 0.44x | $8.58 Billion |
| Gigalane Co Ltd (049080) | $64.66 Billion | -20.68% | 1.35x | $19.35 Million |