TPC Mechatronics Corporation
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.
| Company | Market Cap |
|---|---|
|
PROLOGUE S.A.INH.B EO-30
F:69P
|
$17.23 Million |
|
Natural Health Trends Corp
F:NAH
|
$17.23 Million |
|
Union Community Co. Ltd
KQ:203450
|
$17.24 Million |
|
HVC Investment and Technology JSC
VN:HVH
|
$17.24 Million |
|
Terramin Australia Ltd
AU:TZN
|
$17.22 Million |
|
Geopacific Resources Limited
PINK:GPACF
|
$17.21 Million |
|
FIRST CITIZENS BC A
BE:FC6A
|
$17.21 Million |
|
Chien Wei Precise Technology Co Ltd
TWO:8092
|
$17.21 Million |
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 |