PS Tec. Co. Ltd (002230) - Net Assets
Based on the latest financial reports, PS Tec. Co. Ltd (002230) has net assets worth ₩134.20 Billion KRW (≈ $90.94 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 (₩173.14 Billion ≈ $117.34 Million USD) and total liabilities (₩38.95 Billion ≈ $26.39 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 PS Tec. Co. Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore PS Tec. Co. Ltd (002230) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is PS Tec. Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩128.54 Billion ≈ $87.11 Million |
-1.06% |
| 2023-12-31 | ₩129.92 Billion ≈ $88.04 Million |
-1.99% |
| 2022-12-31 | ₩132.55 Billion ≈ $89.83 Million |
-6.00% |
| 2021-12-31 | ₩141.02 Billion ≈ $95.57 Million |
+3.58% |
| 2020-12-31 | ₩136.15 Billion ≈ $92.27 Million |
-4.92% |
| 2019-12-31 | ₩143.19 Billion ≈ $97.04 Million |
-0.04% |
| 2018-12-31 | ₩143.25 Billion ≈ $97.08 Million |
-0.71% |
| 2017-12-31 | ₩144.28 Billion ≈ $97.78 Million |
+10.20% |
| 2016-12-31 | ₩130.92 Billion ≈ $88.72 Million |
+2.76% |
| 2015-12-31 | ₩127.41 Billion ≈ $86.34 Million |
+16.18% |
| 2014-12-31 | ₩109.67 Billion ≈ $74.32 Million |
+8.09% |
| 2013-12-31 | ₩101.46 Billion ≈ $68.76 Million |
+35.22% |
| 2012-12-31 | ₩75.04 Billion ≈ $50.85 Million |
+10.92% |
| 2011-12-31 | ₩67.65 Billion ≈ $45.84 Million |
+9.59% |
| 2010-12-31 | ₩61.73 Billion ≈ $41.83 Million |
+10.55% |
| 2009-12-31 | ₩55.84 Billion ≈ $37.84 Million |
+7.86% |
| 2008-12-31 | ₩51.77 Billion ≈ $35.08 Million |
+3.98% |
| 2007-12-31 | ₩49.78 Billion ≈ $33.74 Million |
+16.73% |
| 2006-12-31 | ₩42.65 Billion ≈ $28.90 Million |
+11.37% |
| 2005-12-31 | ₩38.29 Billion ≈ $25.95 Million |
+9.50% |
| 2004-12-31 | ₩34.97 Billion ≈ $23.70 Million |
+2.20% |
| 2003-12-31 | ₩34.22 Billion ≈ $23.19 Million |
-2.93% |
| 2002-12-31 | ₩35.25 Billion ≈ $23.89 Million |
+7.47% |
| 2001-12-31 | ₩32.80 Billion ≈ $22.23 Million |
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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 |
|---|---|
|
MIC Electronics Limited
NSE:MICEL
|
$112.52 Million |
|
Klil Industries Ltd
TA:KLIL
|
$112.57 Million |
|
General de Alquiler de Maquinaria SA
MC:GAM
|
$112.58 Million |
|
EML Payments Ltd
F:A8Y1
|
$112.62 Million |
|
Brouwerij Handelsmaatschappij NV
BR:COBH
|
$112.50 Million |
|
Nordhealth AS
OL:NORDH
|
$112.50 Million |
|
Tait Marketing & Distribution Co Ltd
TWO:5902
|
$112.39 Million |
|
Prevas AB
ST:PREV-B
|
$112.39 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 1.46x 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 | ₩10360.00 | x |
| 2017-12-31 | ₩7448.30 | ₩10360.00 | x |
| 2018-12-31 | ₩7395.16 | ₩10360.00 | x |
| 2019-12-31 | ₩7496.49 | ₩10360.00 | x |
| 2020-12-31 | ₩7714.54 | ₩10360.00 | x |
| 2021-12-31 | ₩8063.11 | ₩10360.00 | x |
| 2022-12-31 | ₩7706.12 | ₩10360.00 | x |
| 2023-12-31 | ₩7860.28 | ₩10360.00 | x |
| 2024-12-31 | ₩7885.12 | ₩10360.00 | 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: $623,039,998,231
- Average return on equity (ROE) among peers: 1.50%
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 | $112.51 Million |
| Hankook Tire Worldwide (000240) | $1.77 Trillion | -1.14% | 2.04x | $1.60 Billion |
| Daewonkangup (000430) | $111.59 Billion | 3.26% | 1.76x | $183.40 Million |
| SG Choongbang Co Ltd (001380) | $26.46 Billion | 0.00% | 8.99x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.20 Billion | 1.67% | 0.19x | $15.16 Million |
| Dongkook Ind (001620) | $170.07 Billion | -12.97% | 2.34x | $48.42 Million |
| Nexen Tire (002350) | $1.60 Trillion | 0.30% | 1.39x | $484.20 Million |
| Nexen Tire Prf 1 (002355) | $1.56 Trillion | 7.59% | 1.21x | $19.07 Million |
| Dayou A-Tech (002880) | $52.20 Billion | 11.76% | 2.72x | $31.63 Million |
| Yoo Sung Ent (002920) | $289.11 Billion | 3.03% | 0.31x | $33.27 Million |
About PS Tec. Co. Ltd
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