MK Electron Co. Ltd (033160) - Net Assets
Based on the latest financial reports, MK Electron Co. Ltd (033160) has net assets worth ₩1.02 Trillion KRW (≈ $692.78 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 (₩2.50 Trillion ≈ $1.69 Billion USD) and total liabilities (₩1.48 Trillion ≈ $1.00 Billion 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 033160 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩1.02 Trillion |
| % of Total Assets | 40.9% |
| Annual Growth Rate | 10.78% |
| 5-Year Change | -2.36% |
| 10-Year Change | 54.3% |
| Growth Volatility | 59.17 |
MK Electron Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how MK Electron Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 033160 asset base for the complete picture of this company's asset base.
Annual Net Assets for MK Electron Co. Ltd (2011–2024)
The table below shows the annual net assets of MK Electron Co. Ltd from 2011 to 2024. For live valuation and market cap data, see market value of MK Electron Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩343.89 Billion ≈ $233.05 Million |
-64.81% |
| 2023-12-31 | ₩977.12 Billion ≈ $662.18 Million |
+150.12% |
| 2022-12-31 | ₩390.66 Billion ≈ $264.75 Million |
-1.66% |
| 2021-12-31 | ₩397.27 Billion ≈ $269.22 Million |
+12.79% |
| 2020-12-31 | ₩352.21 Billion ≈ $238.68 Million |
+15.43% |
| 2019-12-31 | ₩305.12 Billion ≈ $206.78 Million |
+2.16% |
| 2018-12-31 | ₩298.66 Billion ≈ $202.40 Million |
-0.31% |
| 2017-12-31 | ₩299.60 Billion ≈ $203.03 Million |
+19.71% |
| 2016-12-31 | ₩250.27 Billion ≈ $169.61 Million |
+12.30% |
| 2015-12-31 | ₩222.87 Billion ≈ $151.04 Million |
+152.51% |
| 2014-12-31 | ₩88.26 Billion ≈ $59.81 Million |
-31.13% |
| 2013-12-31 | ₩128.16 Billion ≈ $86.85 Million |
+22.88% |
| 2012-12-31 | ₩104.29 Billion ≈ $70.68 Million |
+14.81% |
| 2011-12-31 | ₩90.84 Billion ≈ $61.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MK Electron 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 30770.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩269.21 Billion | 78.28% |
| Common Stock | ₩11.03 Billion | 3.21% |
| Other Components | ₩63.65 Billion | 18.51% |
| Total Equity | ₩343.89 Billion | 100.00% |
MK Electron Co. Ltd Competitors by Market Cap
The table below lists competitors of MK Electron Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schweiter Technologies AG
LSE:0QR1
|
$395.31 Million |
|
Brasilagro Adr
NYSE:LND
|
$395.47 Million |
|
American Bitcoin Corp
NASDAQ:ABTC
|
$395.54 Million |
|
Satellogic V Inc
NASDAQ:SATL
|
$395.56 Million |
|
Zhejiang Meilun Elevator Co Ltd
SHG:603321
|
$395.15 Million |
|
Orthopediatrics Corp
NASDAQ:KIDS
|
$395.11 Million |
|
Shandong Teamgene Technology Co. Ltd. A
SHG:603151
|
$395.08 Million |
|
BTQ Technologies Corp.
NEO:BTQ
|
$395.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MK Electron Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 377,038,483,880 to 343,894,920,480, a change of -33,143,563,400 (-8.8%).
- Net loss of 26,868,826,810 reduced equity.
- Dividend payments of 10,926,933,310 reduced retained earnings.
- Share repurchases of 2,614,547,760 reduced equity.
- Other factors increased equity by 7,266,744,480.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-26.87 Billion | -7.81% |
| Dividends Paid | ₩10.93 Billion | -3.18% |
| Share Repurchases | ₩2.61 Billion | -0.76% |
| Other Changes | ₩7.27 Billion | +2.11% |
| Total Change | ₩- | -8.79% |
Book Value vs Market Value Analysis
This analysis compares MK Electron 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: 1.70x
- 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 2.28x to 1.70x 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 | ₩12217.63 | ₩27900.00 | x |
| 2017-12-31 | ₩13879.30 | ₩27900.00 | x |
| 2018-12-31 | ₩14048.07 | ₩27900.00 | x |
| 2019-12-31 | ₩14607.28 | ₩27900.00 | x |
| 2020-12-31 | ₩16861.28 | ₩27900.00 | x |
| 2021-12-31 | ₩19018.57 | ₩27900.00 | x |
| 2022-12-31 | ₩18711.30 | ₩27900.00 | x |
| 2023-12-31 | ₩17837.78 | ₩27900.00 | x |
| 2024-12-31 | ₩16451.68 | ₩27900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MK Electron 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): -7.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.30%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 6.73x
- Recent ROE (-7.81%) is below the historical average (6.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.52% | 1.03% | 2.72x | 3.05x | ₩-1.34 Billion |
| 2012 | 7.23% | 1.05% | 2.69x | 2.56x | ₩-2.84 Billion |
| 2013 | 14.03% | 3.12% | 1.53x | 2.94x | ₩5.09 Billion |
| 2014 | -38.82% | -7.14% | 1.12x | 4.87x | ₩-42.16 Billion |
| 2015 | 65.47% | 32.20% | 0.45x | 4.49x | ₩123.62 Billion |
| 2016 | 13.09% | 5.29% | 0.46x | 5.33x | ₩7.73 Billion |
| 2017 | 14.93% | 6.52% | 0.43x | 5.29x | ₩14.78 Billion |
| 2018 | 8.49% | 3.59% | 0.40x | 5.97x | ₩-4.52 Billion |
| 2019 | 2.32% | 0.97% | 0.40x | 6.00x | ₩-23.44 Billion |
| 2020 | 7.86% | 3.16% | 0.44x | 5.63x | ₩-7.54 Billion |
| 2021 | 8.39% | 3.48% | 0.44x | 5.50x | ₩-6.40 Billion |
| 2022 | -2.96% | -1.13% | 0.47x | 5.55x | ₩-50.65 Billion |
| 2023 | -9.35% | -3.15% | 0.48x | 6.12x | ₩-72.94 Billion |
| 2024 | -7.81% | -2.30% | 0.51x | 6.73x | ₩-61.26 Billion |
Industry Comparison
This section compares MK Electron 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: $135,649,366,810
- Average return on equity (ROE) among peers: -0.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MK Electron Co. Ltd (033160) | ₩1.02 Trillion | 8.52% | 1.45x | $395.23 Million |
| D I Corp (003160) | $161.25 Billion | 1.96% | 0.74x | $586.24 Million |
| Samick Thk (004380) | $150.49 Billion | 11.83% | 0.46x | $139.72 Million |
| PSMC CO. Ltd (024850) | $64.44 Billion | 4.30% | 1.04x | $451.89 Million |
| Mirae Corporation (025560) | $84.64 Billion | 8.85% | 0.39x | $46.76 Million |
| KC Co. Ltd (029460) | $96.37 Billion | 13.32% | 0.43x | $294.96 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $50.89 Million |
| Nepes Corporation (033640) | $110.15 Billion | -56.50% | 5.45x | $500.06 Million |
| EO Technics Co. Ltd (039030) | $373.95 Billion | 5.84% | 0.15x | $3.91 Billion |
| STI Co. Ltd (039440) | $32.22 Billion | 13.97% | 0.83x | $373.52 Million |
About MK Electron Co. Ltd
MK Electron Co., Ltd. develops, manufactures, and markets semiconductor materials in Korea, Taiwan, China, and Southeast Asia. It offers bonding wires and solders balls, including gold bonding wires, copper bonding wires, AG based wires, and advanced Au-Ag-alloy bonding wires, as well as sputtering target products made of gold based alloy, and evaporation materials. The company provides CCSB, sol… Read more