Powernet Technologies Corp.
Powernet Technologies Corporation manufactures and sells SMPS products. The company offers adaptors; grid-connected photovoltaic invertors, ESS PCS, and batteries; LED lights; and automotive products, such as controllers, motors, and sunroofs. It also provides components for appliances. The company was founded in 1988 and is headquartered in Seoul, South Korea.
Powernet Technologies Corp. (037030) - Net Assets
Latest net assets as of September 2025: ₩288.48 Billion KRW
Based on the latest financial reports, Powernet Technologies Corp. (037030) has net assets worth ₩288.48 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 (₩527.45 Billion) and total liabilities (₩238.97 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 | ₩288.48 Billion |
| % of Total Assets | 54.69% |
| Annual Growth Rate | 10.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.93 |
Powernet Technologies Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Powernet Technologies Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Powernet Technologies Corp. (2021–2024)
The table below shows the annual net assets of Powernet Technologies Corp. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩113.96 Billion | +21.66% |
| 2023-12-31 | ₩93.67 Billion | +2.87% |
| 2022-12-31 | ₩91.05 Billion | +8.02% |
| 2021-12-31 | ₩84.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Powernet Technologies Corp.'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 75.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩43.53 Billion | 38.20% |
| Common Stock | ₩21.88 Billion | 19.20% |
| Other Components | ₩48.55 Billion | 42.60% |
| Total Equity | ₩113.96 Billion | 100.00% |
Powernet Technologies Corp. Competitors by Market Cap
The table below lists competitors of Powernet Technologies Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Azure Power Global Limited
PINK:AZREF
|
$35.77 Million |
|
Sea & Land Integrated Co
TWO:5603
|
$35.78 Million |
|
MRS LogÃstica S.A.
SA:MRSA3B
|
$35.78 Million |
|
HS Valve Co. Ltd
KQ:039610
|
$35.81 Million |
|
Kumkang Kind Co Ltd
KO:014285
|
$35.76 Million |
|
Balatacilar Balatacilik Sanayi ve Ticaret AS
IS:BALAT
|
$35.75 Million |
|
Den Networks Limited
NSE:DEN
|
$35.74 Million |
|
Atossa Genetics Inc
NASDAQ:ATOS
|
$35.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Powernet Technologies Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 93,667,678,890 to 113,957,694,630, a change of 20,290,015,740 (21.7%).
- Net income of 16,982,799,490 contributed positively to equity growth.
- Share repurchases of 2,991,998,710 reduced equity.
- New share issuances of 2,991,998,700 increased equity.
- Other factors increased equity by 3,307,216,260.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩16.98 Billion | +14.9% |
| Share Repurchases | ₩2.99 Billion | -2.63% |
| Share Issuances | ₩2.99 Billion | +2.63% |
| Other Changes | ₩3.31 Billion | +2.9% |
| Total Change | ₩- | 21.66% |
Book Value vs Market Value Analysis
This analysis compares Powernet Technologies Corp.'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: 0.67x
- 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 |
|---|---|---|---|
| 2021-12-31 | ₩4787.86 | ₩3470.00 | x |
| 2022-12-31 | ₩4665.34 | ₩3470.00 | x |
| 2023-12-31 | ₩4546.14 | ₩3470.00 | x |
| 2024-12-31 | ₩5209.89 | ₩3470.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Powernet Technologies Corp. 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): 14.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.26%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 4.19x
- Recent ROE (14.90%) is above the historical average (4.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 2.82% | 1.14% | 1.32x | 1.86x | ₩-6.05 Billion |
| 2022 | 1.82% | 0.79% | 1.48x | 1.56x | ₩-7.45 Billion |
| 2023 | -0.21% | -0.11% | 1.26x | 1.58x | ₩-9.56 Billion |
| 2024 | 14.90% | 5.26% | 0.68x | 4.19x | ₩5.59 Billion |
Industry Comparison
This section compares Powernet Technologies Corp.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $1,182,735,888,965
- Average return on equity (ROE) among peers: 13.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Powernet Technologies Corp. (037030) | ₩288.48 Billion | 2.82% | 0.83x | $35.76 Million |
| YoungPoong (000670) | $1.92 Trillion | 12.09% | 0.37x | $141.87 Million |
| Sam Hwa Capaci (001820) | $32.31 Billion | 5.37% | 1.45x | $256.49 Million |
| Samick Music I (002450) | $129.03 Billion | 85.85% | 1.36x | $30.81 Million |
| Hansol Technics (004710) | $279.10 Billion | 9.39% | 1.12x | $84.94 Million |
| Sunny Elec (004770) | $14.69 Billion | -26.30% | 0.94x | $33.79 Million |
| PJ Electronics Co. Ltd (006140) | $104.92 Billion | 6.76% | 0.22x | $20.94 Million |
| Isupetasys (007660) | $163.27 Billion | 14.70% | 0.84x | $4.21 Billion |
| Korea Circuit Co. Ltd. (007810) | $99.55 Billion | 14.09% | 1.24x | $425.68 Million |
| Kyung In Elect (009140) | $70.58 Billion | 8.20% | 0.06x | $7.73 Million |
| Samsung Electro-Mechanics (009150) | $9.02 Trillion | 7.53% | 0.42x | $17.64 Billion |