Taihan Fiber Optics Co. Ltd (010170) - Net Assets
Based on the latest financial reports, Taihan Fiber Optics Co. Ltd (010170) has net assets worth ₩66.65 Billion KRW (≈ $45.17 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩219.02 Billion ≈ $148.42 Million USD) and total liabilities (₩152.36 Billion ≈ $103.25 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 Taihan Fiber Optics Co. Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩66.65 Billion |
| % of Total Assets | 30.43% |
| Annual Growth Rate | -0.99% |
| 5-Year Change | -35.51% |
| 10-Year Change | 10.34% |
| Growth Volatility | 43.87 |
Taihan Fiber Optics Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Taihan Fiber Optics Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 010170 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Taihan Fiber Optics Co. Ltd (2014–2025)
The table below shows the annual net assets of Taihan Fiber Optics Co. Ltd from 2014 to 2025. For live valuation and market cap data, see 010170 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩66.65 Billion ≈ $45.17 Million |
+63.26% |
| 2024-12-31 | ₩40.83 Billion ≈ $27.67 Million |
-46.30% |
| 2023-12-31 | ₩76.02 Billion ≈ $51.52 Million |
-27.96% |
| 2022-12-31 | ₩105.53 Billion ≈ $71.51 Million |
+2.11% |
| 2021-12-31 | ₩103.35 Billion ≈ $70.04 Million |
-32.25% |
| 2020-12-31 | ₩152.54 Billion ≈ $103.37 Million |
-14.97% |
| 2019-12-31 | ₩179.40 Billion ≈ $121.58 Million |
-6.11% |
| 2018-12-31 | ₩191.07 Billion ≈ $129.49 Million |
+97.85% |
| 2017-12-31 | ₩96.57 Billion ≈ $65.45 Million |
+59.87% |
| 2016-12-31 | ₩60.41 Billion ≈ $40.94 Million |
-17.43% |
| 2015-12-31 | ₩73.16 Billion ≈ $49.58 Million |
-1.66% |
| 2014-12-31 | ₩74.40 Billion ≈ $50.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Taihan Fiber Optics 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 decreased by 2248.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩112.15 Billion | 168.26% |
| Total Equity | ₩66.65 Billion | 100.00% |
Taihan Fiber Optics Co. Ltd Competitors by Market Cap
The table below lists competitors of Taihan Fiber Optics Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Dagang Co Ltd
SHE:002077
|
$1.53 Billion |
|
Central Plaza Hotel Public Company Limited
BK:CENTEL
|
$1.53 Billion |
|
Klabin S.A
SA:KLBN3
|
$1.53 Billion |
|
Tyra Biosciences Inc
NASDAQ:TYRA
|
$1.53 Billion |
|
Engineers India Limited
NSE:ENGINERSIN
|
$1.52 Billion |
|
Guizhou Panjiang Refined Coal Co Ltd
SHG:600395
|
$1.52 Billion |
|
NRW Holdings Limited
F:3NR
|
$1.52 Billion |
|
Timah Persero Tbk
JK:TINS
|
$1.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taihan Fiber Optics Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 40,826,257,680 to 66,651,648,060, a change of 25,825,390,380 (63.3%).
- Net loss of 27,972,927,770 reduced equity.
- New share issuances of 22,015,000,000 increased equity.
- Other factors increased equity by 31,783,318,150.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-27.97 Billion | -41.97% |
| Share Issuances | ₩22.02 Billion | +33.03% |
| Other Changes | ₩31.78 Billion | +47.69% |
| Total Change | ₩- | 63.26% |
Book Value vs Market Value Analysis
This analysis compares Taihan Fiber Optics 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: 33.75x
- 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 increased from 13.16x to 33.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩1240.42 | ₩16330.00 | x |
| 2017-12-31 | ₩1558.87 | ₩16330.00 | x |
| 2018-12-31 | ₩2591.07 | ₩16330.00 | x |
| 2019-12-31 | ₩2432.82 | ₩16330.00 | x |
| 2020-12-31 | ₩2068.58 | ₩16330.00 | x |
| 2021-12-31 | ₩1401.48 | ₩16330.00 | x |
| 2022-12-31 | ₩1420.13 | ₩16330.00 | x |
| 2023-12-31 | ₩1020.27 | ₩16330.00 | x |
| 2024-12-31 | ₩501.63 | ₩16330.00 | x |
| 2025-12-31 | ₩483.89 | ₩16330.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taihan Fiber Optics 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): -41.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.06%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 3.29x
- Recent ROE (-41.97%) is below the historical average (-27.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -36.66% | -25.73% | 0.67x | 2.12x | ₩-34.71 Billion |
| 2015 | -1.83% | -1.23% | 0.71x | 2.08x | ₩-8.65 Billion |
| 2016 | -20.84% | -10.81% | 0.92x | 2.10x | ₩-18.63 Billion |
| 2017 | 13.76% | 9.52% | 0.90x | 1.61x | ₩3.63 Billion |
| 2018 | 11.27% | 12.88% | 0.53x | 1.66x | ₩2.42 Billion |
| 2019 | -6.52% | -7.58% | 0.53x | 1.61x | ₩-29.64 Billion |
| 2020 | -17.96% | -20.13% | 0.51x | 1.76x | ₩-42.65 Billion |
| 2021 | -47.52% | -31.36% | 0.66x | 2.28x | ₩-59.45 Billion |
| 2022 | -2.92% | -1.62% | 0.75x | 2.39x | ₩-13.64 Billion |
| 2023 | -38.75% | -16.34% | 0.77x | 3.09x | ₩-37.06 Billion |
| 2024 | -137.26% | -36.69% | 0.73x | 5.14x | ₩-60.12 Billion |
| 2025 | -41.97% | -20.06% | 0.64x | 3.29x | ₩-34.64 Billion |
Industry Comparison
This section compares Taihan Fiber Optics Co. Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $136,788,979,040
- Average return on equity (ROE) among peers: 2.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taihan Fiber Optics Co. Ltd (010170) | ₩66.65 Billion | -36.66% | 2.29x | $1.52 Billion |
| Gaon Cable (000500) | $262.58 Billion | 0.77% | 0.98x | $3.78 Billion |
| Huneed Tech (005870) | $161.58 Billion | 11.06% | 0.85x | $44.62 Million |
| Humax Holdings Co. Ltd (028080) | $153.14 Billion | 3.81% | 0.11x | $8.45 Million |
| Comtec Sys (031820) | $199.88 Billion | 12.17% | 1.79x | $452.83 Million |
| KMW Inc. (032500) | $143.65 Billion | -26.87% | 0.87x | $647.50 Million |
| Insung Information Co. Ltd (033230) | $75.86 Billion | -0.37% | 2.16x | $39.49 Million |
| Bluecom Co. Ltd (033560) | $136.17 Billion | 20.94% | 0.19x | $40.09 Million |
| Kisan Telecom Co. Ltd (035460) | $42.26 Billion | 3.47% | 0.80x | $24.80 Million |
| Samji Electronics Co. Ltd (037460) | $55.98 Billion | 0.00% | 0.21x | $411.41 Million |
About Taihan Fiber Optics Co. Ltd
Taihan Fiber Optics Co., Ltd researches, develops, and produces optical materials in South Korea and internationally. The company offers optical fibers, aerials, duct / direct buried solutions, air blown solutions, micro module cables, high density, indoor, round, flat, and pre-connected, specialty fibers, medical fibers, OPGW, and power cables. It also provides FTTH network building solutions, p… Read more