CoAsia Corporation

KQ:045970 Korea Electronic Equipment & Parts
Market Cap
$68.72 Million
₩100.62 Billion KRW
Market Cap Rank
#20414 Global
#885 in Korea
Share Price
₩5130.00
Change (1 day)
+1.38%
52-Week Range
₩2650.00 - ₩7670.00
All Time High
₩14000.00
Categories
Companies in Korea Electronic Equipment & Parts
About

CoAsia Corporation, an investment holding company, provides system solutions in South Korea and internationally. The company develops and designs System-on-Chip solutions; supplies system solutions and IT components; provides and sells micro electro mechanical systems microphones and speakers; offers camera modules; and LED products for automobile lights, smart home lighting and beauty, and healt… Read more

CoAsia Corporation (045970) - Net Assets

Latest net assets as of September 2025: ₩125.83 Billion KRW

Based on the latest financial reports, CoAsia Corporation (045970) has net assets worth ₩125.83 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 (₩372.79 Billion) and total liabilities (₩246.96 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 ₩125.83 Billion
% of Total Assets 33.75%
Annual Growth Rate 15.04%
5-Year Change -19.93%
10-Year Change -1.9%
Growth Volatility 529.76

CoAsia Corporation - Net Assets Trend (2002–2024)

This chart illustrates how CoAsia 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 CoAsia Corporation (2002–2024)

The table below shows the annual net assets of CoAsia Corporation from 2002 to 2024.

Year Net Assets Change
2024-12-31 ₩91.00 Billion -34.89%
2023-12-31 ₩139.76 Billion +142.19%
2022-12-31 ₩57.71 Billion -44.45%
2021-12-31 ₩103.88 Billion -8.60%
2020-12-31 ₩113.65 Billion -5.29%
2019-12-31 ₩119.99 Billion +24.30%
2018-12-31 ₩96.54 Billion -11.41%
2017-12-31 ₩108.98 Billion +13.56%
2016-12-31 ₩95.97 Billion +3.46%
2015-12-31 ₩92.76 Billion +7.76%
2014-12-31 ₩86.08 Billion -14.00%
2013-12-31 ₩100.09 Billion -2.15%
2012-12-31 ₩102.29 Billion +2.16%
2011-12-31 ₩100.13 Billion -7.31%
2010-12-31 ₩108.03 Billion -0.76%
2009-12-31 ₩108.86 Billion +16.18%
2008-12-31 ₩93.70 Billion -13.88%
2007-12-31 ₩108.80 Billion +2.64%
2006-12-31 ₩106.00 Billion +0.40%
2005-12-31 ₩105.58 Billion +2428.96%
2002-12-31 ₩4.17 Billion --

Equity Component Analysis

This analysis shows how different components contribute to CoAsia 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 5609046976000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock ₩13.16 Billion 14.46%
Other Components ₩133.93 Billion 147.18%
Total Equity ₩91.00 Billion 100.00%

CoAsia Corporation Competitors by Market Cap

The table below lists competitors of CoAsia Corporation ranked by their market capitalization.

Company Market Cap
Thien Viet Securities JSC
VN:TVS
 		$59.79 Million
Hoa Tho Textile - Garment Joint Stock Corp
VN:HTG
 		$59.80 Million
A-Jin Industry Co Ltd
KQ:013310
 		$59.80 Million
Avjennings Ltd
AU:AVJ
 		$59.80 Million
BaaS Innovation Co., Ltd.
TWO:3555
 		$59.75 Million
XCHG Limited American Depositary Share
NASDAQ:XCH
 		$59.75 Million
SHENZ.INV.HLDGS BA.AR.DE.
F:HHI0
 		$59.75 Million
SEIKOH GIKEN Co. Ltd
MU:GIK
 		$59.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CoAsia Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 94,218,446,240 to 90,995,790,430, a change of -3,222,655,810 (-3.4%).
  • Net loss of 46,890,784,200 reduced equity.
  • Share repurchases of 86,924,215,970 reduced equity.
  • New share issuances of 424,215,960 increased equity.
  • Other factors increased equity by 130,168,128,400.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-46.89 Billion -51.53%
Share Repurchases ₩86.92 Billion -95.53%
Share Issuances ₩424.22 Million +0.47%
Other Changes ₩130.17 Billion +143.05%
Total Change ₩- -3.42%

Book Value vs Market Value Analysis

This analysis compares CoAsia 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: 1.40x
  • 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 0.89x to 1.40x 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 ₩5794.69 ₩5130.00 x
2017-12-31 ₩5590.65 ₩5130.00 x
2018-12-31 ₩4755.94 ₩5130.00 x
2019-12-31 ₩5513.40 ₩5130.00 x
2020-12-31 ₩5179.31 ₩5130.00 x
2021-12-31 ₩4584.86 ₩5130.00 x
2022-12-31 ₩2616.27 ₩5130.00 x
2023-12-31 ₩4124.57 ₩5130.00 x
2024-12-31 ₩3668.84 ₩5130.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CoAsia 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): -51.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -13.10%
  • • Asset Turnover: 0.93x
  • • Equity Multiplier: 4.21x
  • Recent ROE (-51.53%) is below the historical average (-9.06%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 0.80% 0.51% 1.03x 1.53x ₩-9.75 Billion
2007 4.18% 2.67% 0.82x 1.92x ₩-6.52 Billion
2009 17.68% 8.34% 0.86x 2.46x ₩8.61 Billion
2010 0.34% 0.17% 1.00x 2.06x ₩-10.43 Billion
2011 1.01% 0.44% 0.98x 2.34x ₩-8.85 Billion
2012 4.99% 2.15% 0.98x 2.37x ₩-5.03 Billion
2014 -30.90% -9.12% 1.06x 3.20x ₩-30.94 Billion
2015 -1.26% -0.42% 0.79x 3.79x ₩-10.44 Billion
2016 -7.37% -1.79% 1.22x 3.39x ₩-16.67 Billion
2017 3.63% 0.93% 1.28x 3.04x ₩-6.95 Billion
2018 -18.67% -4.98% 1.10x 3.39x ₩-27.68 Billion
2019 5.25% 1.44% 1.34x 2.72x ₩-5.69 Billion
2020 -6.26% -1.43% 1.57x 2.80x ₩-18.48 Billion
2021 -2.68% -0.73% 0.93x 3.93x ₩-13.17 Billion
2022 -45.28% -5.68% 1.12x 7.11x ₩-31.90 Billion
2023 -27.99% -6.98% 1.06x 3.77x ₩-35.80 Billion
2024 -51.53% -13.10% 0.93x 4.21x ₩-55.99 Billion

Industry Comparison

This section compares CoAsia Corporation's net assets metrics with peer companies in the Electronic Equipment & Parts industry.

Industry Context

  • Industry: Electronic Equipment & Parts
  • Average net assets among peers: $79,799,066,691
  • Average return on equity (ROE) among peers: -10.59%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CoAsia Corporation (045970) ₩125.83 Billion 0.80% 1.96x $59.77 Million
SANGBO Corp (027580) $29.45 Billion -35.18% 2.55x $19.25 Million
Inzi Display Co.Ltd (037330) $162.56 Billion 1.55% 0.59x $19.38 Million
BioSmart Co.Ltd (038460) $58.82 Billion 5.35% 0.27x $46.07 Million
e-LITECOM CO. Ltd (041520) $38.24 Billion 17.41% 1.56x $35.12 Million
Powerlogics Co. Ltd (047310) $212.21 Billion -3.86% 1.12x $121.60 Million
Phoenix Materials Co. Ltd (050090) $27.29 Billion -7.19% 0.62x $8.87 Million
CammSys Corp (050110) $75.36 Billion 10.73% 0.88x $23.68 Million
STCube Inc (052020) $19.12 Billion -86.05% 0.38x $442.98 Million
Amotech Co. Ltd (052710) $95.14 Billion 1.97% 1.04x $55.48 Million