Paseco Co. Ltd (037070) - Net Assets
Based on the latest financial reports, Paseco Co. Ltd (037070) has net assets worth ₩87.54 Billion KRW (≈ $59.32 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 (₩122.86 Billion ≈ $83.26 Million USD) and total liabilities (₩35.32 Billion ≈ $23.94 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 Paseco Co. Ltd (037070) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩87.54 Billion |
| % of Total Assets | 71.25% |
| Annual Growth Rate | 2.87% |
| 5-Year Change | -4.21% |
| 10-Year Change | 24.28% |
| Growth Volatility | 9.62 |
Paseco Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Paseco Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 037070 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Paseco Co. Ltd (2014–2024)
The table below shows the annual net assets of Paseco Co. Ltd from 2014 to 2024. For live valuation and market cap data, see how much is Paseco Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩82.92 Billion ≈ $56.19 Million |
-19.48% |
| 2023-12-31 | ₩102.98 Billion ≈ $69.79 Million |
-3.41% |
| 2022-12-31 | ₩106.62 Billion ≈ $72.25 Million |
+5.18% |
| 2021-12-31 | ₩101.37 Billion ≈ $68.70 Million |
+17.10% |
| 2020-12-31 | ₩86.57 Billion ≈ $58.67 Million |
+14.18% |
| 2019-12-31 | ₩75.82 Billion ≈ $51.38 Million |
+8.36% |
| 2018-12-31 | ₩69.97 Billion ≈ $47.42 Million |
+2.66% |
| 2017-12-31 | ₩68.16 Billion ≈ $46.19 Million |
+1.44% |
| 2016-12-31 | ₩67.19 Billion ≈ $45.53 Million |
+0.69% |
| 2015-12-31 | ₩66.72 Billion ≈ $45.22 Million |
+6.81% |
| 2014-12-31 | ₩62.47 Billion ≈ $42.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Paseco 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 40.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩73.01 Billion | 88.04% |
| Common Stock | ₩10.00 Billion | 12.06% |
| Total Equity | ₩82.92 Billion | 100.00% |
Paseco Co. Ltd Competitors by Market Cap
The table below lists competitors of Paseco Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dong Yang Pipe
KO:008970
|
$132.53 Million |
|
Donpon Precision
TWO:3290
|
$132.59 Million |
|
Li Peng Enterprise Co Ltd
TW:1447
|
$132.62 Million |
|
OHTL Public Company Limited
BK:OHTL
|
$132.71 Million |
|
AirBoss of America Corp.
TO:BOS
|
$132.37 Million |
|
Decidr Ai Industries Ltd
AU:DAI
|
$132.36 Million |
|
Polight ASA
OL:PLT
|
$132.32 Million |
|
Sungei Bagan Rubber Malaya
KLSE:2569
|
$132.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paseco Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 102,984,372,660 to 82,920,809,490, a change of -20,063,563,170 (-19.5%).
- Net loss of 16,777,211,030 reduced equity.
- Dividend payments of 2,323,436,700 reduced retained earnings.
- Other factors decreased equity by 962,915,440.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-16.78 Billion | -20.23% |
| Dividends Paid | ₩2.32 Billion | -2.8% |
| Other Changes | ₩-962.92 Million | -1.16% |
| Total Change | ₩- | -19.48% |
Book Value vs Market Value Analysis
This analysis compares Paseco 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: 2.36x
- 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 2.91x to 2.36x 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 | ₩3362.20 | ₩9780.00 | x |
| 2017-12-31 | ₩3411.11 | ₩9780.00 | x |
| 2018-12-31 | ₩3501.91 | ₩9780.00 | x |
| 2019-12-31 | ₩3794.54 | ₩9780.00 | x |
| 2020-12-31 | ₩4332.56 | ₩9780.00 | x |
| 2021-12-31 | ₩5073.39 | ₩9780.00 | x |
| 2022-12-31 | ₩5338.36 | ₩9780.00 | x |
| 2023-12-31 | ₩5156.39 | ₩9780.00 | x |
| 2024-12-31 | ₩4151.81 | ₩9780.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paseco 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): -20.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.63%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.45x
- Recent ROE (-20.23%) is below the historical average (6.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 9.60% | 4.34% | 1.40x | 1.58x | ₩-249.40 Million |
| 2015 | 8.82% | 4.85% | 1.34x | 1.36x | ₩-786.77 Million |
| 2016 | 4.24% | 2.79% | 1.08x | 1.41x | ₩-3.87 Billion |
| 2017 | 5.39% | 3.03% | 1.33x | 1.34x | ₩-3.14 Billion |
| 2018 | 6.79% | 3.18% | 1.47x | 1.45x | ₩-2.25 Billion |
| 2019 | 11.40% | 4.79% | 1.62x | 1.47x | ₩1.06 Billion |
| 2020 | 16.37% | 7.15% | 1.72x | 1.33x | ₩5.52 Billion |
| 2021 | 18.83% | 8.40% | 1.60x | 1.40x | ₩8.95 Billion |
| 2022 | 8.62% | 4.58% | 1.34x | 1.40x | ₩-1.47 Billion |
| 2023 | 0.76% | 0.53% | 1.10x | 1.30x | ₩-9.52 Billion |
| 2024 | -20.23% | -10.63% | 1.31x | 1.45x | ₩-25.07 Billion |
Industry Comparison
This section compares Paseco Co. Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $68,770,888,171,167
- Average return on equity (ROE) among peers: 9.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paseco Co. Ltd (037070) | ₩87.54 Billion | 9.60% | 0.40x | $132.37 Million |
| LG Corp (003550) | $14.68 Trillion | 4.37% | 2.16x | $10.15 Billion |
| LG Corp Preferred (003555) | $20.86 Trillion | 7.03% | 0.16x | $145.50 Million |
| Nam Sung (004270) | $82.77 Billion | -4.24% | 1.48x | $15.98 Million |
| Samsung Electronics Co Ltd (005930) | $354.75 Trillion | 15.43% | 0.26x | $878.16 Billion |
| Samsung Electronics Co Pref (005935) | $214.49 Trillion | 19.28% | 0.41x | $86.82 Billion |
| Anam Electroni (008700) | $133.82 Billion | 4.40% | 0.55x | $78.03 Million |
| LG Display (034220) | $13.46 Trillion | 6.74% | 0.85x | $4.15 Billion |
| Winix Inc (044340) | $187.75 Billion | 22.59% | 0.84x | $57.63 Million |
| Intops Co. Ltd (049070) | $290.58 Billion | 9.61% | 0.49x | $199.80 Million |
About Paseco Co. Ltd
Paseco Co. Ltd manufactures and sells water appliances, heaters, and commercial and home appliances primarily in Korea. It offers window air conditioner, water dispenser and purifier, electric heater, circulator, rice cooker/gas fryer, mosclean, electric grill, chopboard sterilizer/mini washing machine, cloth refresher/refrigerater, dish dryer/dish washer, gas cooktop, and hybrid electric cooktop… Read more