Atec Co. Ltd (045660) - Net Assets
Based on the latest financial reports, Atec Co. Ltd (045660) has net assets worth ₩115.20 Billion KRW (≈ $78.07 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 (₩190.91 Billion ≈ $129.38 Million USD) and total liabilities (₩75.71 Billion ≈ $51.31 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 Atec Co. Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩115.20 Billion |
| % of Total Assets | 60.34% |
| Annual Growth Rate | 9.3% |
| 5-Year Change | 19.6% |
| 10-Year Change | 113.97% |
| Growth Volatility | 26.5 |
Atec Co. Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Atec Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 045660 asset base for the complete picture of this company's asset base.
Annual Net Assets for Atec Co. Ltd (2001–2024)
The table below shows the annual net assets of Atec Co. Ltd from 2001 to 2024. For live valuation and market cap data, see Atec Co. Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩99.54 Billion ≈ $67.46 Million |
+8.40% |
| 2023-12-31 | ₩91.83 Billion ≈ $62.23 Million |
+3.26% |
| 2022-12-31 | ₩88.93 Billion ≈ $60.27 Million |
+1.33% |
| 2021-12-31 | ₩87.76 Billion ≈ $59.47 Million |
+5.45% |
| 2020-12-31 | ₩83.23 Billion ≈ $56.40 Million |
+10.23% |
| 2019-12-31 | ₩75.51 Billion ≈ $51.17 Million |
+8.02% |
| 2018-12-31 | ₩69.90 Billion ≈ $47.37 Million |
+6.14% |
| 2017-12-31 | ₩65.86 Billion ≈ $44.63 Million |
+23.24% |
| 2016-12-31 | ₩53.44 Billion ≈ $36.21 Million |
+14.87% |
| 2015-12-31 | ₩46.52 Billion ≈ $31.53 Million |
-5.21% |
| 2011-12-31 | ₩49.08 Billion ≈ $33.26 Million |
+10.01% |
| 2010-12-31 | ₩44.61 Billion ≈ $30.23 Million |
+10.26% |
| 2009-12-31 | ₩40.46 Billion ≈ $27.42 Million |
+35.74% |
| 2008-12-31 | ₩29.81 Billion ≈ $20.20 Million |
+10.42% |
| 2006-12-31 | ₩26.99 Billion ≈ $18.29 Million |
+109.86% |
| 2001-12-31 | ₩12.86 Billion ≈ $8.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Atec 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 11774158784000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩117.74 Billion | 118.28% |
| Common Stock | ₩4.13 Billion | 4.15% |
| Total Equity | ₩99.54 Billion | 100.00% |
Atec Co. Ltd Competitors by Market Cap
The table below lists competitors of Atec Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cato Corporation
NYSE:CATO
|
$51.41 Million |
|
Welltend Technology Corp
TW:3021
|
$51.42 Million |
|
Korea Computer Inc
KQ:054040
|
$51.43 Million |
|
Emami Paper Mills Limited
NSE:EMAMIPAP
|
$51.45 Million |
|
Veem Ltd
AU:VEE
|
$51.40 Million |
|
Full Wang International Development Co Ltd
TWO:6219
|
$51.38 Million |
|
Metalstech Ltd
AU:MTC
|
$51.31 Million |
|
SOLUCIONES CUATROO.EO-04
F:5XW
|
$51.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atec Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 91,831,190,910 to 99,542,508,830, a change of 7,711,317,920 (8.4%).
- Net income of 15,539,121,910 contributed positively to equity growth.
- Dividend payments of 1,553,256,200 reduced retained earnings.
- Share repurchases of 6,520,544,810 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩15.54 Billion | +15.61% |
| Dividends Paid | ₩1.55 Billion | -1.56% |
| Share Repurchases | ₩6.52 Billion | -6.55% |
| Other Changes | ₩246.00 Million | +0.25% |
| Total Change | ₩- | 8.40% |
Book Value vs Market Value Analysis
This analysis compares Atec 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: 0.73x
- 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.
- The price-to-book ratio has decreased from 1.53x to 0.73x 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 | ₩6469.32 | ₩9920.00 | x |
| 2017-12-31 | ₩7973.06 | ₩9920.00 | x |
| 2018-12-31 | ₩8598.09 | ₩9920.00 | x |
| 2019-12-31 | ₩9287.63 | ₩9920.00 | x |
| 2020-12-31 | ₩10272.73 | ₩9920.00 | x |
| 2021-12-31 | ₩10832.21 | ₩9920.00 | x |
| 2022-12-31 | ₩11409.90 | ₩9920.00 | x |
| 2023-12-31 | ₩11830.44 | ₩9920.00 | x |
| 2024-12-31 | ₩13553.23 | ₩9920.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atec 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): 15.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.61%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.64x
- Recent ROE (15.61%) is above the historical average (11.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 10.06% | 2.83% | 2.32x | 1.53x | ₩17.37 Million |
| 2008 | 11.41% | 5.24% | 1.35x | 1.62x | ₩419.29 Million |
| 2009 | 14.82% | 6.31% | 1.83x | 1.28x | ₩1.95 Billion |
| 2010 | 11.38% | 5.40% | 1.48x | 1.43x | ₩617.58 Million |
| 2011 | 11.38% | 5.02% | 1.44x | 1.57x | ₩675.41 Million |
| 2015 | 18.07% | 8.49% | 1.58x | 1.34x | ₩3.75 Billion |
| 2016 | 13.81% | 7.91% | 1.28x | 1.37x | ₩2.03 Billion |
| 2017 | 19.60% | 12.14% | 1.23x | 1.32x | ₩6.32 Billion |
| 2018 | 8.73% | 6.27% | 1.13x | 1.24x | ₩-885.06 Million |
| 2019 | 8.50% | 6.47% | 1.09x | 1.21x | ₩-1.13 Billion |
| 2020 | 10.48% | 8.88% | 1.01x | 1.16x | ₩395.67 Million |
| 2021 | 6.99% | 8.72% | 0.72x | 1.12x | ₩-2.64 Billion |
| 2022 | 6.03% | 5.85% | 0.93x | 1.11x | ₩-3.53 Billion |
| 2023 | 5.22% | 129.51% | 0.04x | 1.13x | ₩-4.39 Billion |
| 2024 | 15.61% | 33.61% | 0.28x | 1.64x | ₩5.58 Billion |
Industry Comparison
This section compares Atec Co. Ltd's net assets metrics with peer companies in the Computers, Phones & Household Electronics industry.
Industry Context
- Industry: Computers, Phones & Household Electronics
- Average net assets among peers: $64,356,581,360
- Average return on equity (ROE) among peers: 1.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atec Co. Ltd (045660) | ₩115.20 Billion | 10.06% | 0.66x | $51.41 Million |
| TJ media Co. Ltd (032540) | $85.30 Billion | 5.44% | 0.46x | $35.59 Million |
| Korea Information Engineering Services Co. Ltd (039740) | $58.61 Billion | 0.68% | 0.25x | $22.12 Million |
| Digital Graphics Incorporation (043360) | $50.76 Billion | -2.66% | 0.12x | $15.92 Million |
| UIL Co. Ltd (049520) | $113.75 Billion | 5.13% | 0.26x | $59.57 Million |
| Hansol Inticube Co. Ltd (070590) | $23.67 Billion | -3.76% | 0.72x | $17.95 Million |
| Yulho Co. Ltd (072770) | $16.23 Billion | 0.00% | 0.82x | $17.23 Million |
| Optrontec Inc (082210) | $97.20 Billion | 3.63% | 1.39x | $27.93 Million |
| Korea Computer Terminal Inc (089150) | $38.46 Billion | 3.13% | 0.69x | $40.39 Million |
| SEOWONINTECH.Co.Ltd (093920) | $95.24 Billion | 0.00% | 0.41x | $65.67 Million |
About Atec Co. Ltd
Atec Co. Ltd. manufactures and sells display products primarily in South Korea. The company offers various products, such as LCD monitors, DIDs, LCD all-in-one PCs, and security all-in-one PCs equipped with the security solution. It also provides information processing consulting services. Atec Co. Ltd. was founded in 1993 and is headquartered in Seongnam, South Korea.