PS Tec. Co. Ltd

KQ:002230 Korea Auto Parts
Market Cap
$112.95 Million
₩165.38 Billion KRW
Market Cap Rank
#21853 Global
#1062 in Korea
Share Price
₩10320.00
Change (1 day)
-0.48%
52-Week Range
₩3805.00 - ₩16290.00
All Time High
₩16290.00
Categories
Companies in Korea Auto Parts
About

PS Tec. Co., Ltd. manufactures and sells electricity meters and automobile parts in South Korea. It offers watt-hour meters; utility meters, including water, heat, and hot water maters; gas meters; mold management systems, such as digital mold management solution; digital shot counters and gateways; and EV chargers. The company was formerly known as Poong Sung Electric Co., Ltd. and changed its n… Read more

PS Tec. Co. Ltd (002230) - Net Assets

Latest net assets as of September 2025: ₩134.20 Billion KRW

Based on the latest financial reports, PS Tec. Co. Ltd (002230) has net assets worth ₩134.20 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 (₩173.14 Billion) and total liabilities (₩38.95 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 ₩134.20 Billion
% of Total Assets 77.51%
Annual Growth Rate 6.12%
5-Year Change -5.59%
10-Year Change 0.89%
Growth Volatility 8.77

PS Tec. Co. Ltd - Net Assets Trend (2001–2024)

This chart illustrates how PS Tec. Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for PS Tec. Co. Ltd (2001–2024)

The table below shows the annual net assets of PS Tec. Co. Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 ₩128.54 Billion -1.06%
2023-12-31 ₩129.92 Billion -1.99%
2022-12-31 ₩132.55 Billion -6.00%
2021-12-31 ₩141.02 Billion +3.58%
2020-12-31 ₩136.15 Billion -4.92%
2019-12-31 ₩143.19 Billion -0.04%
2018-12-31 ₩143.25 Billion -0.71%
2017-12-31 ₩144.28 Billion +10.20%
2016-12-31 ₩130.92 Billion +2.76%
2015-12-31 ₩127.41 Billion +16.18%
2014-12-31 ₩109.67 Billion +8.09%
2013-12-31 ₩101.46 Billion +35.22%
2012-12-31 ₩75.04 Billion +10.92%
2011-12-31 ₩67.65 Billion +9.59%
2010-12-31 ₩61.73 Billion +10.55%
2009-12-31 ₩55.84 Billion +7.86%
2008-12-31 ₩51.77 Billion +3.98%
2007-12-31 ₩49.78 Billion +16.73%
2006-12-31 ₩42.65 Billion +11.37%
2005-12-31 ₩38.29 Billion +9.50%
2004-12-31 ₩34.97 Billion +2.20%
2003-12-31 ₩34.22 Billion -2.93%
2002-12-31 ₩35.25 Billion +7.47%
2001-12-31 ₩32.80 Billion --

Equity Component Analysis

This analysis shows how different components contribute to PS Tec. 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 11248132622000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩112.48 Billion 87.51%
Common Stock ₩9.83 Billion 7.65%
Other Components ₩6.23 Billion 4.84%
Total Equity ₩128.54 Billion 100.00%

PS Tec. Co. Ltd Competitors by Market Cap

The table below lists competitors of PS Tec. Co. Ltd ranked by their market capitalization.

Company Market Cap
Panasonic Manufacture Malaysia
KLSE:3719
 		$43.73 Million
Siddhi Acquisition Corp Class A Common stock
NASDAQ:SDHI
 		$43.79 Million
Lotte Himart
KO:071840
 		$43.80 Million
Signature International Bhd
KLSE:7246
 		$43.80 Million
Alpha Lithium Corporation
OTCQX:ALLIF
 		$43.72 Million
Q.S.I Co. LTD
KQ:066310
 		$43.72 Million
Finger Inc.
KQ:163730
 		$43.71 Million
Johnson Chemical Pharmaceutical Works Co Ltd
TWO:4747
 		$43.71 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in PS Tec. Co. Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 129,918,232,310 to 128,541,927,310, a change of -1,376,305,000 (-1.1%).
  • Net income of 5,635,717,620 contributed positively to equity growth.
  • Dividend payments of 5,784,959,250 reduced retained earnings.
  • Share repurchases of 882,836,240 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩5.64 Billion +4.38%
Dividends Paid ₩5.78 Billion -4.5%
Share Repurchases ₩882.84 Million -0.69%
Other Changes ₩-344.23 Million -0.27%
Total Change ₩- -1.06%

Book Value vs Market Value Analysis

This analysis compares PS Tec. 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: 1.31x
  • 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 1.45x to 1.31x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 ₩7093.03 ₩10320.00 x
2017-12-31 ₩7448.30 ₩10320.00 x
2018-12-31 ₩7395.16 ₩10320.00 x
2019-12-31 ₩7496.49 ₩10320.00 x
2020-12-31 ₩7714.54 ₩10320.00 x
2021-12-31 ₩8063.11 ₩10320.00 x
2022-12-31 ₩7706.12 ₩10320.00 x
2023-12-31 ₩7860.28 ₩10320.00 x
2024-12-31 ₩7885.12 ₩10320.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently PS Tec. 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): 4.38%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.99%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 1.33x
  • Recent ROE (4.38%) is below the historical average (6.73%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 15.72% 46.13% 0.28x 1.20x ₩1.88 Billion
2002 7.67% 18.45% 0.35x 1.19x ₩-823.03 Million
2003 7.15% 12.33% 0.50x 1.15x ₩-973.94 Million
2004 2.56% 3.40% 0.62x 1.21x ₩-2.60 Billion
2005 7.10% 7.10% 0.79x 1.27x ₩-1.11 Billion
2006 9.95% 12.68% 0.62x 1.26x ₩-21.97 Million
2007 10.24% 16.90% 0.49x 1.22x ₩119.44 Million
2008 5.44% 11.14% 0.42x 1.18x ₩-2.36 Billion
2009 6.96% 21.56% 0.27x 1.18x ₩-1.70 Billion
2010 10.69% 23.19% 0.34x 1.37x ₩423.67 Million
2011 10.66% 18.41% 0.43x 1.34x ₩446.71 Million
2012 10.41% 30.09% 0.26x 1.34x ₩304.88 Million
2013 24.27% 62.72% 0.29x 1.32x ₩14.48 Billion
2014 4.01% 10.33% 0.36x 1.07x ₩-6.57 Billion
2015 7.29% 16.57% 0.41x 1.08x ₩-3.45 Billion
2016 3.39% 8.76% 0.35x 1.11x ₩-8.65 Billion
2017 7.85% 15.99% 0.44x 1.11x ₩-3.10 Billion
2018 -0.22% -0.51% 0.38x 1.15x ₩-14.64 Billion
2019 1.77% 5.00% 0.30x 1.18x ₩-11.79 Billion
2020 0.31% 0.79% 0.34x 1.14x ₩-13.19 Billion
2021 4.52% 11.05% 0.35x 1.16x ₩-7.73 Billion
2022 -3.50% -6.53% 0.46x 1.17x ₩-17.89 Billion
2023 3.00% 5.61% 0.45x 1.19x ₩-9.09 Billion
2024 4.38% 6.99% 0.47x 1.33x ₩-7.22 Billion

Industry Comparison

This section compares PS Tec. Co. Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $383,489,499,394
  • Average return on equity (ROE) among peers: 5.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
PS Tec. Co. Ltd (002230) ₩134.20 Billion 15.72% 0.29x $43.72 Million
Daewonkangup (000430) $587.30 Billion 2.73% 0.78x $58.61 Million
SG Choongbang Co Ltd (001380) $122.98 Billion -4.51% 0.52x $17.60 Million
Tae Won Mulsan (001420) $31.33 Billion 0.26% 0.19x $5.77 Million
Dongkook Ind (001620) $68.65 Billion 0.00% 0.75x $25.09 Million
Nexen Tire (002350) $1.20 Trillion 14.45% 1.18x $173.78 Million
Nexen Tire Prf 1 (002355) $1.03 Trillion 12.11% 1.50x $102.95 Million
Dayou A-Tech (002880) $52.20 Billion 11.76% 2.72x $13.11 Million
Yoo Sung Ent (002920) $295.14 Billion -1.60% 0.39x $17.59 Million
Chin Yang Ind (003780) $57.01 Billion 14.90% 0.58x $24.34 Million