KCTech Co Ltd (281820) - Net Assets
Based on the latest financial reports, KCTech Co Ltd (281820) has net assets worth ₩510.55 Billion KRW (≈ $345.99 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 (₩570.97 Billion ≈ $386.94 Million USD) and total liabilities (₩60.41 Billion ≈ $40.94 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 KCTech Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩510.55 Billion |
| % of Total Assets | 89.42% |
| Annual Growth Rate | 12.99% |
| 5-Year Change | 38.54% |
| 10-Year Change | N/A |
| Growth Volatility | 6.65 |
KCTech Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how KCTech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore KCTech Co Ltd (281820) total assets for the complete picture of this company's asset base.
Annual Net Assets for KCTech Co Ltd (2017–2024)
The table below shows the annual net assets of KCTech Co Ltd from 2017 to 2024. For live valuation and market cap data, see KCTech Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 2560.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩297.13 Billion | 61.67% |
| Other Components | ₩184.71 Billion | 38.33% |
| Total Equity | ₩481.85 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 |
|---|---|
|
TPK Holding Co Ltd
TW:3673
|
$950.66 Million |
|
CTT Correios de Portugal SA
LS:CTT
|
$950.92 Million |
|
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD
|
$951.10 Million |
|
Uniphar Group PLC
IR:UPR
|
$951.34 Million |
|
VA Tech Wabag Limited
NSE:WABAG
|
$950.35 Million |
|
Shanghai Huitong Energy Co Ltd
SHG:600605
|
$949.94 Million |
|
American Public Education Inc
NASDAQ:APEI
|
$949.83 Million |
|
JC Finance & Tax Interconnect Holdings Ltd
SHE:002530
|
$949.80 Million |
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 2023 to 2024, total equity changed from 452,613,440,700 to 481,848,727,950, a change of 29,235,287,250 (6.5%).
- Net income of 52,685,900,040 contributed positively to equity growth.
- Dividend payments of 3,652,210,980 reduced retained earnings.
- Share repurchases of 19,973,998,450 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩52.69 Billion | +10.93% |
| Dividends Paid | ₩3.65 Billion | -0.76% |
| Share Repurchases | ₩19.97 Billion | -4.15% |
| Other Changes | ₩175.60 Million | +0.04% |
| Total Change | ₩- | 6.46% |
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: 2.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.88x to 2.91x 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 | ₩71100.00 | x |
| 2018-12-31 | ₩12955.65 | ₩71100.00 | x |
| 2019-12-31 | ₩14544.38 | ₩71100.00 | x |
| 2020-12-31 | ₩16675.89 | ₩71100.00 | x |
| 2021-12-31 | ₩18467.06 | ₩71100.00 | x |
| 2022-12-31 | ₩20994.78 | ₩71100.00 | x |
| 2023-12-31 | ₩22307.15 | ₩71100.00 | x |
| 2024-12-31 | ₩24424.59 | ₩71100.00 | 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): 10.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.67%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.14x
- Recent ROE (10.93%) is below the historical average (11.68%), 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 |
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: $133,644,544,458
- Average return on equity (ROE) among peers: 7.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KCTech Co Ltd (281820) | ₩510.55 Billion | 5.45% | 0.12x | $950.60 Million |
| D I Corp (003160) | $96.19 Billion | 4.41% | 0.61x | $565.96 Million |
| Samick Thk (004380) | $39.20 Billion | 7.08% | 1.03x | $139.72 Million |
| PSMC CO. Ltd (024850) | $69.33 Billion | 0.00% | 1.04x | $1.73 Billion |
| Mirae Corporation (025560) | $60.62 Billion | -22.53% | 0.39x | $83.54 Million |
| KC Co. Ltd (029460) | $414.61 Billion | 46.96% | 0.38x | $259.55 Million |
| MK Electron Co. Ltd (033160) | $299.60 Billion | 14.93% | 4.29x | $481.64 Million |
| Signetics Corporation (033170) | $117.94 Billion | -13.08% | 0.30x | $42.82 Million |
| Nepes Corporation (033640) | $103.04 Billion | 18.08% | 0.91x | $553.97 Million |
| EO Technics Co. Ltd (039030) | $96.39 Billion | 3.08% | 0.42x | $4.58 Billion |
| STI Co. Ltd (039440) | $39.55 Billion | 13.20% | 0.93x | $296.12 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