Kec Corporation

KO:092220 Korea Semiconductor Equipment & Materials
Market Cap
$194.15 Million
₩284.28 Billion KRW
Market Cap Rank
#16998 Global
#548 in Korea
Share Price
₩1416.00
Change (1 day)
-2.41%
52-Week Range
₩631.00 - ₩1521.00
All Time High
₩3633.64
About

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.

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