Kec Corporation (092220) - Net Assets
Based on the latest financial reports, Kec Corporation (092220) has net assets worth ₩336.38 Billion KRW (≈ $227.96 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 (₩447.27 Billion ≈ $303.11 Million USD) and total liabilities (₩110.89 Billion ≈ $75.15 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 Kec Corporation asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Kec Corporation for the complete picture of this company's asset base.
Annual Net Assets for Kec Corporation (2006–2024)
The table below shows the annual net assets of Kec Corporation from 2006 to 2024. For live valuation and market cap data, see 092220 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩349.13 Billion ≈ $236.60 Million |
-2.12% |
| 2023-12-31 | ₩356.71 Billion ≈ $241.73 Million |
+17.09% |
| 2022-12-31 | ₩304.65 Billion ≈ $206.45 Million |
+9.13% |
| 2021-12-31 | ₩279.15 Billion ≈ $189.17 Million |
+65.40% |
| 2020-12-31 | ₩168.77 Billion ≈ $114.37 Million |
-21.12% |
| 2019-12-31 | ₩213.96 Billion ≈ $145.00 Million |
-5.08% |
| 2018-12-31 | ₩225.41 Billion ≈ $152.75 Million |
+1.24% |
| 2017-12-31 | ₩222.64 Billion ≈ $150.88 Million |
+10.11% |
| 2016-12-31 | ₩202.20 Billion ≈ $137.03 Million |
+33.92% |
| 2015-12-31 | ₩150.99 Billion ≈ $102.32 Million |
-0.25% |
| 2014-12-31 | ₩151.37 Billion ≈ $102.58 Million |
-2.89% |
| 2013-12-31 | ₩155.88 Billion ≈ $105.64 Million |
+0.81% |
| 2012-12-31 | ₩154.62 Billion ≈ $104.78 Million |
-7.13% |
| 2011-12-31 | ₩166.49 Billion ≈ $112.83 Million |
+14.89% |
| 2010-12-31 | ₩144.92 Billion ≈ $98.21 Million |
-24.72% |
| 2009-12-31 | ₩192.50 Billion ≈ $130.45 Million |
+15.56% |
| 2008-12-31 | ₩166.58 Billion ≈ $112.89 Million |
+4.00% |
| 2007-12-31 | ₩160.17 Billion ≈ $108.54 Million |
+5.68% |
| 2006-12-31 | ₩151.56 Billion ≈ $102.71 Million |
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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 |
|---|---|
|
Silver Storm Mining Ltd.
V:SVRS
|
$250.10 Million |
|
Zona Franca de Iquique S.A
SN:ZOFRI
|
$250.13 Million |
|
Ramco Industries Limited
NSE:RAMCOIND
|
$250.21 Million |
|
Garanti Faktoring AS
IS:GARFA
|
$250.35 Million |
|
LanzaTech Global Inc.
NASDAQ:LNZA
|
$250.01 Million |
|
PAN Group JSC
VN:PAN
|
$250.01 Million |
|
Outbrain Inc
NASDAQ:OB
|
$249.88 Million |
|
Funkwerk AG
F:FEW
|
$249.85 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.94x to 1.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩1960.77 | ₩1838.00 | x |
| 2018-12-31 | ₩1952.71 | ₩1838.00 | x |
| 2019-12-31 | ₩1781.78 | ₩1838.00 | x |
| 2020-12-31 | ₩1394.22 | ₩1838.00 | x |
| 2021-12-31 | ₩1883.58 | ₩1838.00 | x |
| 2022-12-31 | ₩2054.76 | ₩1838.00 | x |
| 2023-12-31 | ₩1738.30 | ₩1838.00 | x |
| 2024-12-31 | ₩1739.03 | ₩1838.00 | 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: $147,111,617,039
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kec Corporation (092220) | ₩336.38 Billion | 1.10% | 0.33x | $250.07 Million |
| D I Corp (003160) | $161.25 Billion | 1.96% | 0.74x | $586.24 Million |
| Samick Thk (004380) | $150.49 Billion | 11.83% | 0.46x | $139.72 Million |
| PSMC CO. Ltd (024850) | $64.44 Billion | 4.30% | 1.04x | $451.89 Million |
| Mirae Corporation (025560) | $84.64 Billion | 8.85% | 0.39x | $46.76 Million |
| KC Co. Ltd (029460) | $96.37 Billion | 13.32% | 0.43x | $294.96 Million |
| MK Electron Co. Ltd (033160) | $250.27 Billion | 13.09% | 4.33x | $395.23 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $50.89 Million |
| Nepes Corporation (033640) | $110.15 Billion | -56.50% | 5.45x | $500.06 Million |
| EO Technics Co. Ltd (039030) | $373.95 Billion | 5.84% | 0.15x | $3.91 Billion |
| STI Co. Ltd (039440) | $32.22 Billion | 13.97% | 0.83x | $373.52 Million |
About 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