BG T&A Co Net Assets
BG T&A Co net assets. Based on the latest financial reports, BG T&A Co (046310) has net assets worth ₩103.77 Billion KRW (≈ $70.32 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 (₩130.77 Billion ≈ $88.62 Million USD) and total liabilities (₩27.01 Billion ≈ $18.30 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. Also explore net asset growth rate of BG T&A Co to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩103.77 Billion |
| % of Total Assets | 79.35% |
| Annual Growth Rate | 4.3% |
| 5-Year Change | 91.73% |
| 10-Year Change | 221.76% |
| Growth Volatility | 25.66 |
Net Assets of BG T&A Co (2004–2024)
Net assets of BG T&A Co from 2004 to 2024. This chart illustrates how BG T&A Co's net assets have evolved over time, based on quarterly financial data. See 046310 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for BG T&A Co (2004–2024)
The table below shows the annual net assets of BG T&A Co from 2004 to 2024. For live market cap and overall valuation, see BG T&A Co stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩71.33 Billion ≈ $48.34 Million |
-27.25% |
| 2023-12-31 | ₩98.05 Billion ≈ $66.45 Million |
+98.94% |
| 2022-12-31 | ₩49.29 Billion ≈ $33.40 Million |
+13.78% |
| 2021-12-31 | ₩43.31 Billion ≈ $29.35 Million |
+16.42% |
| 2020-12-31 | ₩37.20 Billion ≈ $25.21 Million |
-9.33% |
| 2019-12-31 | ₩41.03 Billion ≈ $27.81 Million |
+3.41% |
| 2018-12-31 | ₩39.68 Billion ≈ $26.89 Million |
+16.03% |
| 2017-12-31 | ₩34.20 Billion ≈ $23.18 Million |
+16.96% |
| 2016-12-31 | ₩29.24 Billion ≈ $19.82 Million |
+31.89% |
| 2015-12-31 | ₩22.17 Billion ≈ $15.02 Million |
-27.67% |
| 2014-12-31 | ₩30.65 Billion ≈ $20.77 Million |
+9.48% |
| 2013-12-31 | ₩28.00 Billion ≈ $18.97 Million |
-17.15% |
| 2012-12-31 | ₩33.79 Billion ≈ $22.90 Million |
+3.03% |
| 2011-12-31 | ₩32.80 Billion ≈ $22.23 Million |
+2.08% |
| 2010-12-31 | ₩32.13 Billion ≈ $21.77 Million |
+12.45% |
| 2009-12-31 | ₩28.57 Billion ≈ $19.36 Million |
+4.01% |
| 2008-12-31 | ₩27.47 Billion ≈ $18.62 Million |
-0.29% |
| 2007-12-31 | ₩27.55 Billion ≈ $18.67 Million |
+0.45% |
| 2006-12-31 | ₩27.43 Billion ≈ $18.59 Million |
-0.29% |
| 2005-12-31 | ₩27.51 Billion ≈ $18.64 Million |
-10.52% |
| 2004-12-31 | ₩30.74 Billion ≈ $20.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to BG T&A Co'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 4925990835000.0% over the analyzed period, indicating profitable operations and earnings retention.
BG T&A Co Net Assets Breakdown (December 2024)
BG T&A Co net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩49.26 Billion | 69.06% |
| Common Stock | ₩8.21 Billion | 11.51% |
| Other Components | ₩13.86 Billion | 19.44% |
| Total Equity | ₩71.33 Billion | 100.00% |
BG T&A Co Competitors by Market Cap
The table below lists competitors of BG T&A Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kalina Power Ltd
AU:KPO
|
$24.90 Million |
|
Chumpower Machinery Corp
TWO:4575
|
$24.91 Million |
|
Ntaw Holdings Ltd
AU:NTD
|
$24.92 Million |
|
Synel M.L.L Payway Ltd
TA:SNEL
|
$24.93 Million |
|
Aetherium Acquisition Corp
NASDAQ:GMFI
|
$24.90 Million |
|
A2Z Infra Engineering Limited
NSE:A2ZINFRA
|
$24.89 Million |
|
Penguen Gida Sanayi AS
IS:PENGD
|
$24.89 Million |
|
South Star Mining Corp
V:STS
|
$24.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BG T&A Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,502,834,290 to 71,333,510,270, a change of 9,830,675,980 (16.0%).
- Net income of 13,252,934,550 contributed positively to equity growth.
- Dividend payments of 2,455,138,680 reduced retained earnings.
- Share repurchases of 14,158,529,850 reduced equity.
- New share issuances of 25,000,000 increased equity.
- Other factors increased equity by 13,166,409,960.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩13.25 Billion | +18.58% |
| Dividends Paid | ₩2.46 Billion | -3.44% |
| Share Repurchases | ₩14.16 Billion | -19.85% |
| Share Issuances | ₩25.00 Million | +0.04% |
| Other Changes | ₩13.17 Billion | +18.46% |
| Total Change | ₩- | 15.98% |
Book Value vs Market Value Analysis
This analysis compares BG T&A Co'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: 0.54x
- 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 1.17x to 0.54x 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 | ₩2042.79 | ₩2385.00 | x |
| 2017-12-31 | ₩2389.18 | ₩2385.00 | x |
| 2018-12-31 | ₩2608.35 | ₩2385.00 | x |
| 2019-12-31 | ₩2649.51 | ₩2385.00 | x |
| 2020-12-31 | ₩2266.01 | ₩2385.00 | x |
| 2021-12-31 | ₩2638.15 | ₩2385.00 | x |
| 2022-12-31 | ₩3001.80 | ₩2385.00 | x |
| 2023-12-31 | ₩3745.92 | ₩2385.00 | x |
| 2024-12-31 | ₩4435.60 | ₩2385.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BG T&A Co 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): 18.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.69%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.86x
- Recent ROE (18.58%) is above the historical average (4.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 1.67% | 1.00% | 1.30x | 1.27x | ₩-2.56 Billion |
| 2006 | 1.70% | 0.63% | 1.64x | 1.65x | ₩-2.28 Billion |
| 2007 | 2.31% | 1.01% | 1.36x | 1.68x | ₩-2.12 Billion |
| 2008 | 0.43% | 0.20% | 1.33x | 1.61x | ₩-2.63 Billion |
| 2009 | 5.08% | 2.18% | 1.30x | 1.79x | ₩-1.41 Billion |
| 2010 | 11.75% | 4.55% | 1.40x | 1.84x | ₩561.46 Million |
| 2014 | -5.87% | -1.41% | 1.27x | 3.30x | ₩-3.59 Billion |
| 2015 | -9.63% | -2.31% | 1.67x | 2.50x | ₩-4.35 Billion |
| 2016 | -6.56% | -3.18% | 0.93x | 2.22x | ₩-4.84 Billion |
| 2017 | 8.46% | 2.84% | 1.37x | 2.18x | ₩-525.86 Million |
| 2018 | 11.63% | 4.11% | 1.46x | 1.94x | ₩646.63 Million |
| 2019 | 4.45% | 1.17% | 1.67x | 2.27x | ₩-2.28 Billion |
| 2020 | -14.43% | -4.04% | 1.38x | 2.59x | ₩-9.09 Billion |
| 2021 | 13.42% | 3.72% | 1.51x | 2.38x | ₩1.48 Billion |
| 2022 | 9.64% | 3.22% | 1.24x | 2.42x | ₩-177.16 Million |
| 2023 | 21.81% | 7.86% | 1.23x | 2.27x | ₩7.26 Billion |
| 2024 | 18.58% | 8.69% | 1.15x | 1.86x | ₩6.12 Billion |
Industry Comparison
This section compares BG T&A Co's net assets metrics with peer companies in the Communications & Networking industry.
Industry Context
- Industry: Communications & Networking
- Average net assets among peers: $79,380,146,950
- Average return on equity (ROE) among peers: 4.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BG T&A Co (046310) | ₩103.77 Billion | 1.67% | 0.26x | $24.90 Million |
| Eyesvision Corp (031310) | $64.35 Billion | 6.94% | 0.57x | $8.73 Million |
| SOLiD Inc (050890) | $73.74 Billion | 19.48% | 1.63x | $289.70 Million |
| System and Application Technologies Co. Ltd (060540) | $84.43 Billion | 10.98% | 0.60x | $20.37 Million |
| Homecast Co.Ltd (064240) | $68.13 Billion | -2.53% | 0.39x | $32.90 Million |
| CS Corporation (065770) | $41.88 Billion | 0.00% | 1.21x | $9.00 Million |
| ECSTELECOM Co. Ltd (067010) | $51.32 Billion | 1.22% | 0.44x | $10.97 Million |
| Innowireless Co. Ltd (073490) | $66.11 Billion | -0.32% | 0.30x | $109.42 Million |
| Frtek Co.Ltd (073540) | $32.97 Billion | -4.85% | 0.71x | $18.04 Million |
| Ubiquoss Holdings Inc (078070) | $231.51 Billion | 6.30% | 0.58x | $85.06 Million |
About BG T&A Co
BG T&A Co. develops, manufactures, and sells wireless communication equipment in South Korea, the Americas, and internationally. The company offers radar detectors, such as radar/UHF/GPS detectors with smart phone sync; high-end radar detectors with map and 3D UI; radar/laser detectors with extra sensory detection; digital radar/laser detectors; and patch type antenna radar/laser detectors. It al… Read more