Bluecom Co. Ltd
Bluecom Co., Ltd. operates as a wireless technology company in South Korea and internationally. Its products include TWS, neck bank, Bluetooth module, Bluetooth stereo and mono, and gold GPS; and speaker, receiver, and micro speaker. The company was formerly known as Sambu Communics Co., Ltd and changed its name to Bluecom Co., Ltd. in December 2006. Bluecom Co., Ltd. was founded in 1990 and is h… Read more
Bluecom Co. Ltd (033560) - Net Assets
Latest net assets as of September 2025: ₩169.47 Billion KRW
Based on the latest financial reports, Bluecom Co. Ltd (033560) has net assets worth ₩169.47 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 (₩200.93 Billion) and total liabilities (₩31.46 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 | ₩169.47 Billion |
| % of Total Assets | 84.34% |
| Annual Growth Rate | 5.83% |
| 5-Year Change | -3.34% |
| 10-Year Change | -0.05% |
| Growth Volatility | 11.42 |
Bluecom Co. Ltd - Net Assets Trend (2010–2024)
This chart illustrates how Bluecom 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 Bluecom Co. Ltd (2010–2024)
The table below shows the annual net assets of Bluecom Co. Ltd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩159.95 Billion | +1.57% |
| 2023-12-31 | ₩157.47 Billion | -1.80% |
| 2022-12-31 | ₩160.36 Billion | +0.26% |
| 2021-12-31 | ₩159.95 Billion | -3.34% |
| 2020-12-31 | ₩165.48 Billion | -0.79% |
| 2019-12-31 | ₩166.80 Billion | +0.39% |
| 2018-12-31 | ₩166.15 Billion | +0.57% |
| 2017-12-31 | ₩165.21 Billion | -4.29% |
| 2016-12-31 | ₩172.62 Billion | +7.86% |
| 2015-12-31 | ₩160.04 Billion | +17.52% |
| 2014-12-31 | ₩136.17 Billion | +22.85% |
| 2013-12-31 | ₩110.84 Billion | +12.83% |
| 2012-12-31 | ₩98.24 Billion | -0.31% |
| 2011-12-31 | ₩98.54 Billion | +36.12% |
| 2010-12-31 | ₩72.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bluecom 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 12456576755000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩124.57 Billion | 77.88% |
| Common Stock | ₩9.60 Billion | 6.00% |
| Other Components | ₩25.78 Billion | 16.12% |
| Total Equity | ₩159.95 Billion | 100.00% |
Bluecom Co. Ltd Competitors by Market Cap
The table below lists competitors of Bluecom Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
6969
TW:6969
|
$16.96 Million |
|
Adore Beauty Group Ltd
AU:ABY
|
$16.96 Million |
|
Namib Minerals Ordinary Shares
NASDAQ:NAMM
|
$16.96 Million |
|
Uttam Sugar Mills Limited
NSE:UTTAMSUGAR
|
$16.96 Million |
|
CLEAN POWER HYDROG.LS-01
F:G9Z
|
$16.95 Million |
|
Aker Technology Co Ltd
TWO:6174
|
$16.95 Million |
|
Awilco Drilling PLC
OTCMKTS:AWLCF
|
$16.95 Million |
|
APEX Wind Power Equipment Manufacturing
TWO:7702
|
$16.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bluecom Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,472,383,030 to 159,950,750,110, a change of 2,478,367,080 (1.6%).
- Net income of 2,375,536,110 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.38 Billion | +1.49% |
| Other Changes | ₩102.83 Million | +0.06% |
| Total Change | ₩- | 1.57% |
Book Value vs Market Value Analysis
This analysis compares Bluecom 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: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩9177.46 | ₩3165.00 | x |
| 2017-12-31 | ₩9133.60 | ₩3165.00 | x |
| 2018-12-31 | ₩9185.73 | ₩3165.00 | x |
| 2019-12-31 | ₩9221.31 | ₩3165.00 | x |
| 2020-12-31 | ₩9148.60 | ₩3165.00 | x |
| 2021-12-31 | ₩9372.78 | ₩3165.00 | x |
| 2022-12-31 | ₩9396.75 | ₩3165.00 | x |
| 2023-12-31 | ₩9227.67 | ₩3165.00 | x |
| 2024-12-31 | ₩9372.89 | ₩3165.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bluecom 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): 1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.97%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.26x
- Recent ROE (1.49%) is below the historical average (5.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 12.84% | 11.23% | 1.03x | 1.11x | ₩2.05 Billion |
| 2011 | 1.13% | 2.70% | 0.38x | 1.09x | ₩-8.74 Billion |
| 2012 | 3.78% | 6.55% | 0.55x | 1.06x | ₩-6.11 Billion |
| 2013 | 11.12% | 14.42% | 0.71x | 1.08x | ₩1.24 Billion |
| 2014 | 20.94% | 14.51% | 1.21x | 1.19x | ₩14.90 Billion |
| 2015 | 19.37% | 14.28% | 1.17x | 1.16x | ₩15.00 Billion |
| 2016 | 13.54% | 9.78% | 1.21x | 1.15x | ₩6.10 Billion |
| 2017 | 1.90% | 2.69% | 0.65x | 1.09x | ₩-13.38 Billion |
| 2018 | 1.16% | 2.60% | 0.43x | 1.04x | ₩-14.69 Billion |
| 2019 | 1.09% | 6.37% | 0.16x | 1.04x | ₩-14.86 Billion |
| 2020 | -0.31% | -0.97% | 0.30x | 1.06x | ₩-17.07 Billion |
| 2021 | 0.04% | 0.09% | 0.40x | 1.13x | ₩-15.93 Billion |
| 2022 | -0.17% | -0.45% | 0.33x | 1.09x | ₩-16.30 Billion |
| 2023 | -1.74% | -8.38% | 0.19x | 1.11x | ₩-18.49 Billion |
| 2024 | 1.49% | 12.97% | 0.09x | 1.26x | ₩-13.62 Billion |
Industry Comparison
This section compares Bluecom Co. Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $175,761,506,269
- Average return on equity (ROE) among peers: -3.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bluecom Co. Ltd (033560) | ₩169.47 Billion | 12.84% | 0.19x | $16.95 Million |
| Gaon Cable (000500) | $331.01 Billion | 5.41% | 1.42x | $211.74 Million |
| Huneed Tech (005870) | $78.72 Billion | 1.48% | 1.08x | $37.01 Million |
| Taihan Fiber Optics Co. Ltd (010170) | $74.40 Billion | -36.66% | 1.12x | $166.79 Million |
| Humax Holdings Co. Ltd (028080) | $494.41 Billion | 1.66% | 0.79x | $4.37 Million |
| Comtec Sys (031820) | $206.97 Billion | 1.91% | 1.54x | $45.97 Million |
| KMW Inc. (032500) | $240.29 Billion | -11.11% | 0.44x | $511.46 Million |
| Insung Information Co. Ltd (033230) | $47.46 Billion | 5.50% | 1.41x | $42.22 Million |
| Kisan Telecom Co. Ltd (035460) | $38.51 Billion | 6.45% | 1.03x | $16.25 Million |
| Samji Electronics Co. Ltd (037460) | $70.08 Billion | -3.58% | 0.35x | $115.55 Million |