Nepes Corporation
Nepes Corporation engages in the semiconductor, chemical, and energy businesses in South Korea. It offers turnkey solutions for flip chip bumping, wafer-level packaging, fan-out wafer level packaging, panel level packaging, and fan-out wafer level system in packaging solutions, as well as semiconductor back-end processing and electric tests. The company also develops and supplies artificial intel… Read more
Nepes Corporation (033640) - Net Assets
Latest net assets as of September 2025: ₩245.75 Billion KRW
Based on the latest financial reports, Nepes Corporation (033640) has net assets worth ₩245.75 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 (₩703.86 Billion) and total liabilities (₩458.11 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 | ₩245.75 Billion |
| % of Total Assets | 34.91% |
| Annual Growth Rate | 4.47% |
| 5-Year Change | -47.06% |
| 10-Year Change | -1.25% |
| Growth Volatility | 33.91 |
Nepes Corporation - Net Assets Trend (2004–2024)
This chart illustrates how Nepes Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nepes Corporation (2004–2024)
The table below shows the annual net assets of Nepes Corporation from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩110.15 Billion | -25.59% |
| 2023-12-31 | ₩148.04 Billion | -40.46% |
| 2022-12-31 | ₩248.63 Billion | +40.63% |
| 2021-12-31 | ₩176.80 Billion | -15.03% |
| 2020-12-31 | ₩208.07 Billion | -0.45% |
| 2019-12-31 | ₩209.02 Billion | +29.44% |
| 2018-12-31 | ₩161.48 Billion | +23.07% |
| 2017-12-31 | ₩131.22 Billion | +0.30% |
| 2016-12-31 | ₩130.83 Billion | +17.28% |
| 2015-12-31 | ₩111.55 Billion | -25.35% |
| 2014-12-31 | ₩149.44 Billion | +28.17% |
| 2013-12-31 | ₩116.59 Billion | -25.66% |
| 2012-12-31 | ₩156.83 Billion | +9.36% |
| 2011-12-31 | ₩143.41 Billion | -13.12% |
| 2010-12-31 | ₩165.07 Billion | +14.26% |
| 2009-12-31 | ₩144.47 Billion | +19.71% |
| 2008-12-31 | ₩120.68 Billion | -1.57% |
| 2007-12-31 | ₩122.60 Billion | +0.36% |
| 2006-12-31 | ₩122.16 Billion | +18.56% |
| 2005-12-31 | ₩103.04 Billion | +124.18% |
| 2004-12-31 | ₩45.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nepes Corporation'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 492.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩11.63 Billion | 10.56% |
| Other Components | ₩199.41 Billion | 181.04% |
| Total Equity | ₩110.15 Billion | 100.00% |
Nepes Corporation Competitors by Market Cap
The table below lists competitors of Nepes Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VGLIF
PINK:VGLIF
|
$198.77 Million |
|
Centuria Office REIT
AU:COF
|
$198.81 Million |
|
Trio Tech Intl Grp Co Ltd
TW:6862
|
$198.88 Million |
|
Nanning Baling Technology
SHE:002592
|
$198.89 Million |
|
Zhuzhou Feilu High-Tech Materials Co Ltd
SHE:300665
|
$198.73 Million |
|
Voyager Therapeutics Inc
NASDAQ:VYGR
|
$198.72 Million |
|
SENCO GOLD LTD
NSE:SENCO
|
$198.69 Million |
|
ProKidney Corp.
NASDAQ:PROK
|
$198.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nepes Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 148,035,216,940 to 110,150,849,020, a change of -37,884,367,920 (-25.6%).
- Net loss of 62,237,463,410 reduced equity.
- Share repurchases of 63,913,189,680 reduced equity.
- New share issuances of 2,086,810,320 increased equity.
- Other factors increased equity by 86,179,474,850.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-62.24 Billion | -56.5% |
| Share Repurchases | ₩63.91 Billion | -58.02% |
| Share Issuances | ₩2.09 Billion | +1.89% |
| Other Changes | ₩86.18 Billion | +78.24% |
| Total Change | ₩- | -25.59% |
Book Value vs Market Value Analysis
This analysis compares Nepes Corporation'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: 3.63x
- 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 2.83x to 3.63x 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 | ₩6141.01 | ₩17360.00 | x |
| 2017-12-31 | ₩6115.47 | ₩17360.00 | x |
| 2018-12-31 | ₩7208.99 | ₩17360.00 | x |
| 2019-12-31 | ₩9064.53 | ₩17360.00 | x |
| 2020-12-31 | ₩9023.45 | ₩17360.00 | x |
| 2021-12-31 | ₩7667.26 | ₩17360.00 | x |
| 2022-12-31 | ₩10933.70 | ₩17360.00 | x |
| 2023-12-31 | ₩6510.05 | ₩17360.00 | x |
| 2024-12-31 | ₩4776.87 | ₩17360.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nepes Corporation 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): -56.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.40%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 6.45x
- Recent ROE (-56.50%) is below the historical average (-0.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 37.26% | 15.99% | 0.93x | 2.50x | ₩11.77 Billion |
| 2005 | 19.76% | 14.98% | 0.63x | 2.09x | ₩9.20 Billion |
| 2006 | 5.79% | 3.63% | 0.73x | 2.20x | ₩-4.24 Billion |
| 2007 | 8.61% | 5.26% | 0.78x | 2.11x | ₩-1.46 Billion |
| 2009 | 15.55% | 7.73% | 0.99x | 2.04x | ₩7.10 Billion |
| 2010 | 8.44% | 4.55% | 0.85x | 2.18x | ₩-2.40 Billion |
| 2012 | 7.25% | 3.75% | 0.86x | 2.26x | ₩-4.12 Billion |
| 2014 | -6.92% | -2.54% | 0.85x | 3.20x | ₩-20.40 Billion |
| 2015 | -7.80% | -3.11% | 0.78x | 3.19x | ₩-19.85 Billion |
| 2016 | 14.09% | 7.24% | 0.85x | 2.28x | ₩5.36 Billion |
| 2017 | 5.04% | 2.32% | 0.93x | 2.35x | ₩-6.51 Billion |
| 2018 | 15.40% | 9.19% | 0.96x | 1.74x | ₩8.73 Billion |
| 2019 | 14.64% | 8.70% | 0.68x | 2.49x | ₩9.70 Billion |
| 2020 | -23.47% | -14.21% | 0.43x | 3.85x | ₩-69.63 Billion |
| 2021 | -22.44% | -9.48% | 0.38x | 6.25x | ₩-57.36 Billion |
| 2022 | 31.20% | 13.19% | 0.52x | 4.55x | ₩52.72 Billion |
| 2023 | -66.52% | -21.00% | 0.49x | 6.51x | ₩-113.28 Billion |
| 2024 | -56.50% | -13.40% | 0.65x | 6.45x | ₩-73.25 Billion |
Industry Comparison
This section compares Nepes Corporation's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $129,109,941,888
- Average return on equity (ROE) among peers: -0.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nepes Corporation (033640) | ₩245.75 Billion | 37.26% | 1.86x | $198.76 Million |
| D I Corp (003160) | $167.74 Billion | 0.65% | 0.91x | $431.82 Million |
| Samick Thk (004380) | $79.31 Billion | 5.11% | 0.99x | $42.11 Million |
| PSMC CO. Ltd (024850) | $22.26 Billion | -14.70% | 0.84x | $196.26 Million |
| Mirae Corporation (025560) | $38.02 Billion | 0.00% | 1.53x | $27.97 Million |
| MK Electron Co. Ltd (033160) | $352.21 Billion | 7.86% | 4.63x | $116.29 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $27.88 Million |
| EO Technics Co. Ltd (039030) | $163.17 Billion | 20.30% | 0.48x | $2.23 Billion |
| Hanmi Semicon (042700) | $127.29 Billion | 5.51% | 0.44x | $8.58 Billion |
| Gigalane Co Ltd (049080) | $64.66 Billion | -20.68% | 1.35x | $19.35 Million |