TPC Mechatronics Corporation

KQ:048770 Korea Machinery, Tools, Heavy Vehicles, Trains & Ships
Market Cap
$27.49 Million
₩40.25 Billion KRW
Market Cap Rank
#26165 Global
#1661 in Korea
Share Price
₩3120.00
Change (1 day)
+1.96%
52-Week Range
₩1860.00 - ₩4820.00
All Time High
₩9110.82
About

TPC Mechatronics Corporation primarily manufactures and sells pneumatic equipment in South Korea and internationally. The company's pneumatic products include actuators, directional control valves, air preparation units, fitting and speed controllers, vacuum equipment, and hydraulic cylinders, as well as silencers, poly urethane tubes, floating and rotary joints, auto and pressure switches, and d… Read more

TPC Mechatronics Corporation (048770) - Net Assets

Latest net assets as of September 2025: ₩38.37 Billion KRW

Based on the latest financial reports, TPC Mechatronics Corporation (048770) has net assets worth ₩38.37 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 (₩110.78 Billion) and total liabilities (₩72.41 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 ₩38.37 Billion
% of Total Assets 34.64%
Annual Growth Rate 3.39%
5-Year Change 30.57%
10-Year Change 25.83%
Growth Volatility 24.0

TPC Mechatronics Corporation - Net Assets Trend (2010–2024)

This chart illustrates how TPC Mechatronics 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 TPC Mechatronics Corporation (2010–2024)

The table below shows the annual net assets of TPC Mechatronics Corporation from 2010 to 2024.

Year Net Assets Change
2024-12-31 ₩41.22 Billion -9.75%
2023-12-31 ₩45.68 Billion +9.22%
2022-12-31 ₩41.82 Billion +9.31%
2021-12-31 ₩38.26 Billion +21.17%
2020-12-31 ₩31.57 Billion +15.81%
2019-12-31 ₩27.26 Billion -7.71%
2018-12-31 ₩29.54 Billion +9.76%
2017-12-31 ₩26.91 Billion +68.53%
2016-12-31 ₩15.97 Billion -51.26%
2015-12-31 ₩32.76 Billion +3.16%
2014-12-31 ₩31.76 Billion +10.78%
2013-12-31 ₩28.67 Billion -0.34%
2012-12-31 ₩28.77 Billion +3.20%
2011-12-31 ₩27.87 Billion +7.90%
2010-12-31 ₩25.83 Billion --

Equity Component Analysis

This analysis shows how different components contribute to TPC Mechatronics 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 grown by 355619922000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ₩3.56 Billion 8.63%
Common Stock ₩18.11 Billion 43.94%
Other Components ₩19.56 Billion 47.44%
Total Equity ₩41.22 Billion 100.00%

TPC Mechatronics Corporation Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 44,725,033,690 to 41,224,685,130, a change of -3,500,348,560 (-7.8%).
  • Net loss of 4,895,504,900 reduced equity.
  • Dividend payments of 392,449,780 reduced retained earnings.
  • Other factors increased equity by 1,787,606,120.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ₩-4.90 Billion -11.88%
Dividends Paid ₩392.45 Million -0.95%
Other Changes ₩1.79 Billion +4.34%
Total Change ₩- -7.83%

Book Value vs Market Value Analysis

This analysis compares TPC Mechatronics 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: 1.19x
  • 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 2.52x to 1.19x 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 ₩1237.92 ₩3120.00 x
2017-12-31 ₩2086.32 ₩3120.00 x
2018-12-31 ₩2289.97 ₩3120.00 x
2019-12-31 ₩2029.98 ₩3120.00 x
2020-12-31 ₩2342.14 ₩3120.00 x
2021-12-31 ₩2589.55 ₩3120.00 x
2022-12-31 ₩2664.04 ₩3120.00 x
2023-12-31 ₩2849.09 ₩3120.00 x
2024-12-31 ₩2626.11 ₩3120.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TPC Mechatronics 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): -11.88%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.66%
  • • Asset Turnover: 0.76x
  • • Equity Multiplier: 2.75x
  • Recent ROE (-11.88%) is below the historical average (1.11%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 26.86% 9.15% 1.38x 2.12x ₩4.25 Billion
2011 6.35% 2.25% 1.10x 2.56x ₩-994.33 Million
2012 7.23% 2.57% 0.97x 2.90x ₩-781.25 Million
2013 2.86% 1.85% 0.52x 2.99x ₩-2.00 Billion
2014 7.81% 3.07% 0.90x 2.82x ₩-678.83 Million
2015 -9.28% -3.51% 0.93x 2.86x ₩-6.32 Billion
2016 -29.20% -5.05% 1.04x 5.54x ₩-6.26 Billion
2017 14.74% 3.89% 1.08x 3.51x ₩1.27 Billion
2018 13.81% 3.90% 0.93x 3.82x ₩1.12 Billion
2019 -14.91% -4.02% 0.93x 3.97x ₩-6.79 Billion
2020 12.91% 4.60% 0.84x 3.33x ₩917.32 Million
2021 5.23% 2.30% 0.77x 2.95x ₩-1.83 Billion
2022 0.06% 0.03% 0.83x 2.70x ₩-4.16 Billion
2023 -16.01% -8.31% 0.75x 2.55x ₩-11.63 Billion
2024 -11.88% -5.66% 0.76x 2.75x ₩-9.02 Billion

Industry Comparison

This section compares TPC Mechatronics Corporation's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.

Industry Context

  • Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
  • Average net assets among peers: $111,702,524,769
  • Average return on equity (ROE) among peers: 0.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TPC Mechatronics Corporation (048770) ₩38.37 Billion 26.86% 1.89x $17.22 Million
Bosung Power Technology Co. Ltd (006910) $34.47 Billion -13.92% 1.45x $270.01 Million
Youngsin Metal Industrial Co. Ltd (007530) $42.53 Billion 5.85% 2.37x $22.80 Million
SMCore.Inc (007820) $42.57 Billion 13.11% 0.61x $54.03 Million
Heungkuk Metaltech Co.Ltd (010240) $45.00 Billion 7.23% 0.87x $19.11 Million
Nuintek Co.Ltd (012340) $14.74 Billion -24.23% 1.98x $5.39 Million
CAS Corporation (016920) $49.47 Billion 2.29% 1.02x $10.38 Million
Semyung Electric Machinery Co.Ltd (017510) $71.37 Billion 4.79% 0.15x $60.31 Million
Enertork Ltd (019990) $40.18 Billion -2.17% 0.14x $34.99 Million
Tae Kwang Corporation (023160) $436.13 Billion 3.49% 0.16x $274.49 Million
Young Poong Precision Corporation (036560) $340.55 Billion 4.55% 0.21x $64.81 Million