Essen Tech Co. Ltd (043340) - Net Assets
Based on the latest financial reports, Essen Tech Co. Ltd (043340) has net assets worth ₩25.90 Billion KRW (≈ $17.55 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩67.18 Billion ≈ $45.52 Million USD) and total liabilities (₩41.27 Billion ≈ $27.97 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 Essen Tech Co. Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩25.90 Billion |
| % of Total Assets | 38.56% |
| Annual Growth Rate | 1.46% |
| 5-Year Change | 7.2% |
| 10-Year Change | -7.51% |
| Growth Volatility | 9.72 |
Essen Tech Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Essen Tech Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 043340 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Essen Tech Co. Ltd (2014–2025)
The table below shows the annual net assets of Essen Tech Co. Ltd from 2014 to 2025. For live valuation and market cap data, see 043340 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩25.90 Billion ≈ $17.55 Million |
+1.51% |
| 2024-12-31 | ₩25.52 Billion ≈ $17.29 Million |
-10.33% |
| 2023-12-31 | ₩28.46 Billion ≈ $19.28 Million |
+18.73% |
| 2022-12-31 | ₩23.97 Billion ≈ $16.24 Million |
-0.82% |
| 2021-12-31 | ₩24.16 Billion ≈ $16.37 Million |
-11.44% |
| 2020-12-31 | ₩27.29 Billion ≈ $18.49 Million |
-1.67% |
| 2019-12-31 | ₩27.75 Billion ≈ $18.80 Million |
-7.67% |
| 2018-12-31 | ₩30.05 Billion ≈ $20.37 Million |
+4.99% |
| 2017-12-31 | ₩28.63 Billion ≈ $19.40 Million |
+2.21% |
| 2016-12-31 | ₩28.01 Billion ≈ $18.98 Million |
+6.89% |
| 2015-12-31 | ₩26.20 Billion ≈ $17.76 Million |
+18.67% |
| 2014-12-31 | ₩22.08 Billion ≈ $14.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Essen Tech 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 866545407000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩48.06 Billion | 185.54% |
| Total Equity | ₩25.90 Billion | 100.00% |
Essen Tech Co. Ltd Competitors by Market Cap
The table below lists competitors of Essen Tech Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daegu Dept Sto
KO:006370
|
$35.34 Million |
|
CNTus Sungjin Co. Ltd.
KQ:352700
|
$35.36 Million |
|
Ruanyun Edai Technology Inc. Ordinary shares
NASDAQ:RYET
|
$35.38 Million |
|
FACB Industries Incorporated
KLSE:2984
|
$35.38 Million |
|
Oncopeptides AB
ST:ONCO
|
$35.34 Million |
|
Touch Ventures Ltd
AU:TVL
|
$35.33 Million |
|
Maniker
KO:027740
|
$35.33 Million |
|
Cayman Tung Ling Co Ltd
TWO:2924
|
$35.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Essen Tech Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,515,992,730 to 25,901,616,600, a change of 385,623,870 (1.5%).
- Net income of 378,063,500 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩378.06 Million | +1.46% |
| Other Changes | ₩7.56 Million | +0.03% |
| Total Change | ₩- | 1.51% |
Book Value vs Market Value Analysis
This analysis compares Essen Tech 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: 2.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.41x to 2.01x 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 | ₩388.98 | ₩549.00 | x |
| 2017-12-31 | ₩397.58 | ₩549.00 | x |
| 2018-12-31 | ₩417.40 | ₩549.00 | x |
| 2019-12-31 | ₩385.39 | ₩549.00 | x |
| 2020-12-31 | ₩378.97 | ₩549.00 | x |
| 2021-12-31 | ₩335.60 | ₩549.00 | x |
| 2022-12-31 | ₩332.85 | ₩549.00 | x |
| 2023-12-31 | ₩299.53 | ₩549.00 | x |
| 2024-12-31 | ₩268.59 | ₩549.00 | x |
| 2025-12-31 | ₩272.65 | ₩549.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Essen Tech 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): 1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.65%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 2.59x
- Recent ROE (1.46%) is above the historical average (-2.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 4.78% | 1.26% | 1.34x | 2.83x | ₩-1.15 Billion |
| 2015 | 7.24% | 2.63% | 1.08x | 2.56x | ₩-723.41 Million |
| 2016 | 6.44% | 2.47% | 1.05x | 2.49x | ₩-996.02 Million |
| 2017 | 2.16% | 0.94% | 1.22x | 1.89x | ₩-2.24 Billion |
| 2018 | 6.70% | 3.42% | 1.23x | 1.60x | ₩-992.66 Million |
| 2019 | -1.78% | -0.95% | 1.21x | 1.55x | ₩-3.27 Billion |
| 2020 | -1.37% | -0.75% | 0.81x | 2.26x | ₩-3.10 Billion |
| 2021 | -11.23% | -4.79% | 0.65x | 3.59x | ₩-5.13 Billion |
| 2022 | 1.54% | 0.59% | 0.75x | 3.48x | ₩-2.03 Billion |
| 2023 | -33.55% | -20.04% | 0.59x | 2.82x | ₩-12.39 Billion |
| 2024 | -11.52% | -5.41% | 0.75x | 2.82x | ₩-5.49 Billion |
| 2025 | 1.46% | 0.65% | 0.86x | 2.59x | ₩-2.21 Billion |
Industry Comparison
This section compares Essen Tech Co. Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $239,818,000,757
- Average return on equity (ROE) among peers: 4.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Essen Tech Co. Ltd (043340) | ₩25.90 Billion | 4.78% | 1.59x | $35.34 Million |
| Namsun Alumini (008350) | $235.93 Billion | 17.67% | 0.51x | $184.57 Million |
| Namsun Aluminium Co Ltd (008355) | $303.17 Billion | -0.09% | 0.43x | $2.87 Million |
| Dae Chang (012800) | $276.72 Billion | 1.34% | 2.04x | $91.08 Million |
| Sung Kwang Bend Co.Ltd (014620) | $471.74 Billion | 8.32% | 0.12x | $836.89 Million |
| Daedong Metals Co. Ltd (020400) | $26.35 Billion | -0.96% | 1.48x | $11.89 Million |
| Seowon (021050) | $37.70 Billion | 6.47% | 1.58x | $59.49 Million |
| Lee Ku Ind (025820) | $127.21 Billion | 4.50% | 1.65x | $148.21 Million |
| Taewoong Co.Ltd (044490) | $602.97 Billion | -5.42% | 0.71x | $797.25 Million |
| Nara Mold & Die Co. Ltd (051490) | $76.57 Billion | 5.01% | 1.09x | $35.31 Million |
About Essen Tech Co. Ltd
Essen Tech Co., Ltd. provides brass alloy valves for refrigeration, air conditioning, gas, housing, automobile, and shipbuilding industries in South Korea. It offers refrigeration and air conditioning valve, LPG cylinder valve, ball valve, and flange end ball valves, as well as pipe fitting and system dividers. The company was formerly known as Wooil Metal and changed its name to Essen Tech Co., … Read more