KCTech Co Ltd (281820) - Net Assets
Based on the latest financial reports, KCTech Co Ltd (281820) has net assets worth ₩553.19 Billion KRW (≈ $374.89 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩642.22 Billion ≈ $435.22 Million USD) and total liabilities (₩89.03 Billion ≈ $60.33 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. See net asset quality index of KCTech Co Ltd to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩553.19 Billion |
| % of Total Assets | 86.14% |
| Annual Growth Rate | 12.62% |
| 5-Year Change | 37.67% |
| 10-Year Change | N/A |
| Growth Volatility | 6.31 |
KCTech Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how KCTech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how fast is KCTech Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Net Assets for KCTech Co Ltd (2017–2025)
The table below shows the annual net assets of KCTech Co Ltd from 2017 to 2025. For live market cap and overall valuation, see KCTech Co Ltd (281820) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩530.24 Billion ≈ $359.34 Million |
+10.04% |
| 2024-12-31 | ₩481.85 Billion ≈ $326.54 Million |
+6.46% |
| 2023-12-31 | ₩452.61 Billion ≈ $306.73 Million |
+6.25% |
| 2022-12-31 | ₩425.99 Billion ≈ $288.68 Million |
+10.60% |
| 2021-12-31 | ₩385.16 Billion ≈ $261.02 Million |
+10.74% |
| 2020-12-31 | ₩347.81 Billion ≈ $235.70 Million |
+20.56% |
| 2019-12-31 | ₩288.48 Billion ≈ $195.50 Million |
+12.26% |
| 2018-12-31 | ₩256.97 Billion ≈ $174.14 Million |
+25.38% |
| 2017-12-31 | ₩204.96 Billion ≈ $138.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KCTech Co Ltd'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 2950.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩340.68 Billion | 64.25% |
| Other Components | ₩189.56 Billion | 35.75% |
| Total Equity | ₩530.24 Billion | 100.00% |
KCTech Co Ltd Competitors by Market Cap
The table below lists competitors of KCTech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Douglas Emmett Inc
NYSE:DEI
|
$1.66 Billion |
|
Faraday Technology Corp
TW:3035
|
$1.66 Billion |
|
Playa Hotels & Resorts BV
NASDAQ:PLYA
|
$1.66 Billion |
|
Scatec Solar OL
OL:SCATC
|
$1.66 Billion |
|
Veritex Holdings Inc
NASDAQ:VBTX
|
$1.66 Billion |
|
Jinfu Technology Co Ltd
SHE:003018
|
$1.66 Billion |
|
Turkiye Kalkinma Bankasi AS
IS:KLNMA
|
$1.66 Billion |
|
Sk Gas
KO:018670
|
$1.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KCTech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 481,848,727,950 to 530,239,452,120, a change of 48,390,724,170 (10.0%).
- Net income of 53,392,149,110 contributed positively to equity growth.
- Dividend payments of 5,326,738,470 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩53.39 Billion | +10.07% |
| Dividends Paid | ₩5.33 Billion | -1.0% |
| Other Changes | ₩325.31 Million | +0.06% |
| Total Change | ₩- | 10.04% |
Book Value vs Market Value Analysis
This analysis compares KCTech Co Ltd'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: 4.61x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 12.00x to 4.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩10333.33 | ₩124000.00 | x |
| 2018-12-31 | ₩12955.65 | ₩124000.00 | x |
| 2019-12-31 | ₩14544.38 | ₩124000.00 | x |
| 2020-12-31 | ₩16675.89 | ₩124000.00 | x |
| 2021-12-31 | ₩18467.06 | ₩124000.00 | x |
| 2022-12-31 | ₩20994.78 | ₩124000.00 | x |
| 2023-12-31 | ₩22307.15 | ₩124000.00 | x |
| 2024-12-31 | ₩24424.59 | ₩124000.00 | x |
| 2025-12-31 | ₩26876.61 | ₩124000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KCTech Co Ltd 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): 10.07%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.95%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.13x
- Recent ROE (10.07%) is below the historical average (11.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.45% | 14.87% | 0.28x | 1.30x | ₩-9.33 Billion |
| 2018 | 21.16% | 15.22% | 1.14x | 1.22x | ₩28.68 Billion |
| 2019 | 12.78% | 13.89% | 0.79x | 1.17x | ₩8.02 Billion |
| 2020 | 12.25% | 13.31% | 0.79x | 1.17x | ₩7.81 Billion |
| 2021 | 10.89% | 12.17% | 0.76x | 1.18x | ₩3.43 Billion |
| 2022 | 13.00% | 14.64% | 0.78x | 1.13x | ₩12.79 Billion |
| 2023 | 7.00% | 11.05% | 0.57x | 1.10x | ₩-13.56 Billion |
| 2024 | 10.93% | 13.67% | 0.70x | 1.14x | ₩4.50 Billion |
| 2025 | 10.07% | 13.95% | 0.64x | 1.13x | ₩368.20 Million |
Industry Comparison
This section compares KCTech Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $300,355,101,872
- Average return on equity (ROE) among peers: 2.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KCTech Co Ltd (281820) | ₩553.19 Billion | 5.45% | 0.16x | $1.66 Billion |
| D I Corp (003160) | $63.78 Billion | 2.57% | 0.79x | $782.98 Million |
| Samick Thk (004380) | $74.68 Billion | 0.00% | 1.86x | $106.89 Million |
| PSMC CO. Ltd (024850) | $42.19 Billion | 0.00% | 0.66x | $1.82 Billion |
| Mirae Corporation (025560) | $174.66 Billion | 0.00% | 0.38x | $147.91 Million |
| KC Co. Ltd (029460) | $747.30 Billion | 6.99% | 0.29x | $348.07 Million |
| MK Electron Co. Ltd (033160) | $977.12 Billion | -3.61% | 1.36x | $281.33 Million |
| Signetics Corporation (033170) | $139.46 Billion | -14.31% | 0.33x | $198.40 Million |
| Nepes Corporation (033640) | $131.22 Billion | 5.04% | 1.35x | $520.38 Million |
| EO Technics Co. Ltd (039030) | $603.03 Billion | 7.10% | 0.08x | $4.37 Billion |
| STI Co. Ltd (039440) | $50.13 Billion | 20.03% | 1.03x | $251.67 Million |
About KCTech Co Ltd
KCTech Co., Ltd. engages in the manufacture and distribution of semiconductor systems, display systems, and electronic materials in South Korea. It offers semiconductor equipment, including chemical mechanical polishing systems and wet cleaning systems; display equipment, such as wet stations, atmospheric pressure plasma cleaners, CO2 clearers, and coater and tract systems; electronic materials c… Read more