Posco ICT Company Ltd (022100) - Net Assets
Based on the latest financial reports, Posco ICT Company Ltd (022100) has net assets worth ₩464.87 Billion KRW (≈ $315.04 Million USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩792.61 Billion ≈ $537.14 Million USD) and total liabilities (₩327.74 Billion ≈ $222.10 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 022100 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩464.87 Billion |
| % of Total Assets | 58.65% |
| Annual Growth Rate | 16.94% |
| 5-Year Change | 21.72% |
| 10-Year Change | 11.81% |
| Growth Volatility | 101.47 |
Posco ICT Company Ltd - Net Assets Trend (2009–2022)
This chart illustrates how Posco ICT Company Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Posco ICT Company Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Posco ICT Company Ltd (2009–2022)
The table below shows the annual net assets of Posco ICT Company Ltd from 2009 to 2022. For live valuation and market cap data, see Posco ICT Company Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₩412.17 Billion ≈ $279.32 Million |
+15.28% |
| 2021-12-31 | ₩357.55 Billion ≈ $242.30 Million |
-3.02% |
| 2020-12-31 | ₩368.66 Billion ≈ $249.84 Million |
+0.95% |
| 2019-12-31 | ₩365.18 Billion ≈ $247.48 Million |
+7.84% |
| 2018-12-31 | ₩338.62 Billion ≈ $229.48 Million |
-15.28% |
| 2017-12-31 | ₩399.67 Billion ≈ $270.85 Million |
+6.80% |
| 2016-12-31 | ₩374.23 Billion ≈ $253.61 Million |
+11.61% |
| 2015-12-31 | ₩335.30 Billion ≈ $227.23 Million |
-13.58% |
| 2014-12-31 | ₩388.01 Billion ≈ $262.95 Million |
+5.25% |
| 2013-12-31 | ₩368.64 Billion ≈ $249.82 Million |
+47.66% |
| 2012-12-31 | ₩249.66 Billion ≈ $169.19 Million |
+1.38% |
| 2011-12-31 | ₩246.26 Billion ≈ $166.89 Million |
-5.13% |
| 2010-12-31 | ₩259.57 Billion ≈ $175.91 Million |
+381.58% |
| 2009-12-31 | ₩53.90 Billion ≈ $36.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Posco ICT Company 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 275350.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩114.94 Billion | 27.89% |
| Common Stock | ₩76.02 Billion | 18.44% |
| Other Components | ₩221.22 Billion | 53.67% |
| Total Equity | ₩412.17 Billion | 100.00% |
Posco ICT Company Ltd Competitors by Market Cap
The table below lists competitors of Posco ICT Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen hongfuhan Technology Co. Ltd.
SHE:301086
|
$2.81 Billion |
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
$2.81 Billion |
|
Shanghai Lingang Holdings Co Ltd A
SHG:600848
|
$2.81 Billion |
|
Urban Edge Properties
NYSE:UE
|
$2.81 Billion |
|
SoundHound AI Inc
NASDAQ:SOUN
|
$2.80 Billion |
|
TGS NOPEC Geophysical Company ASA
OL:TGS
|
$2.80 Billion |
|
Fastly, Inc. Class A Common Stock
NASDAQ:FSLY
|
$2.80 Billion |
|
WisdomTree Inc.
NYSE:WT
|
$2.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Posco ICT Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 357,545,693,490 to 412,170,218,460, a change of 54,624,524,970 (15.3%).
- Net income of 45,581,846,010 contributed positively to equity growth.
- Dividend payments of 7,633,032,330 reduced retained earnings.
- Other factors increased equity by 16,675,711,290.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩45.58 Billion | +11.06% |
| Dividends Paid | ₩7.63 Billion | -1.85% |
| Other Changes | ₩16.68 Billion | +4.05% |
| Total Change | ₩- | 15.28% |
Book Value vs Market Value Analysis
This analysis compares Posco ICT Company 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: 10.04x
- 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 11.07x to 10.04x 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 | ₩2460.92 | ₩27250.00 | x |
| 2017-12-31 | ₩2632.83 | ₩27250.00 | x |
| 2018-12-31 | ₩2230.61 | ₩27250.00 | x |
| 2019-12-31 | ₩2405.55 | ₩27250.00 | x |
| 2020-12-31 | ₩2428.50 | ₩27250.00 | x |
| 2021-12-31 | ₩2355.26 | ₩27250.00 | x |
| 2022-12-31 | ₩2715.08 | ₩27250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Posco ICT Company 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): 11.06%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.95%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 2.07x
- Recent ROE (11.06%) is above the historical average (4.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 7.02% | 2.11% | 1.30x | 2.56x | ₩-7.42 Billion |
| 2011 | 12.06% | 2.83% | 1.42x | 3.00x | ₩4.87 Billion |
| 2012 | 5.94% | 1.29% | 1.24x | 3.72x | ₩-9.92 Billion |
| 2013 | 6.84% | 2.07% | 1.43x | 2.30x | ₩-11.57 Billion |
| 2014 | 6.63% | 2.41% | 1.29x | 2.13x | ₩-13.06 Billion |
| 2015 | -15.35% | -6.12% | 1.21x | 2.07x | ₩-85.00 Billion |
| 2016 | 9.86% | 4.26% | 1.31x | 1.77x | ₩-522.30 Million |
| 2017 | 10.48% | 4.41% | 1.47x | 1.62x | ₩1.93 Billion |
| 2018 | -10.10% | -3.69% | 1.52x | 1.80x | ₩-68.06 Billion |
| 2019 | 10.72% | 4.04% | 1.44x | 1.85x | ₩2.64 Billion |
| 2020 | 2.35% | 0.90% | 1.41x | 1.86x | ₩-28.19 Billion |
| 2021 | -3.98% | -1.64% | 1.34x | 1.81x | ₩-49.97 Billion |
| 2022 | 11.06% | 3.95% | 1.35x | 2.07x | ₩4.36 Billion |
Industry Comparison
This section compares Posco ICT Company Ltd's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Posco ICT Company Ltd (022100) | ₩464.87 Billion | 7.02% | 0.71x | $2.80 Billion |
| Samyang Holdings Corp (000075) | $3.00 Trillion | 0.94% | 0.76x | $17.20 Million |
| MCNEX Co. Ltd (097520) | $76.99 Billion | 17.72% | 2.75x | $328.51 Million |
| PI Advanced Materials Co. Ltd (178920) | $210.59 Billion | 8.06% | 0.28x | $321.40 Million |
| Shinhan Alpha REIT Co Ltd (293940) | $595.19 Billion | 1.34% | 2.37x | $450.78 Million |
About Posco ICT Company Ltd
Posco Dx Company Ltd. provides ICT solutions to construction and materials industry in South Korea and internationally. The company offers technologies in various fields, such as IoT, cloud, big data and AI, etc. It offers smart factory; factory automation; software development; and sales and engineering services. The company also provides PosFrame, a smart platform that collects structured and u… Read more