Phoenix Materials Co. Ltd
BK Holdings CO.,LTD. manufactures and sells semiconductor materials for semiconductor packaging in South Korea and China. The company offers products, such as solder ball, solder powder, solar paste, glass frit, etc., as well as other electronic parts. The company was formerly known as Phoenix Materials Co.,Ltd. and changed its name to BK Holdings CO.,LTD. in March 2022. BK Holdings CO.,LTD. was … Read more
Phoenix Materials Co. Ltd (050090) - Net Assets
Latest net assets as of September 2025: ₩12.41 Billion KRW
Based on the latest financial reports, Phoenix Materials Co. Ltd (050090) has net assets worth ₩12.41 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 (₩15.70 Billion) and total liabilities (₩3.30 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 | ₩12.41 Billion |
| % of Total Assets | 79.01% |
| Annual Growth Rate | -6.06% |
| 5-Year Change | -46.32% |
| 10-Year Change | -31.29% |
| Growth Volatility | 53.32 |
Phoenix Materials Co. Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Phoenix Materials Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Phoenix Materials Co. Ltd (2004–2024)
The table below shows the annual net assets of Phoenix Materials Co. Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩15.06 Billion | -12.49% |
| 2023-12-31 | ₩17.20 Billion | -22.66% |
| 2022-12-31 | ₩22.25 Billion | -11.28% |
| 2021-12-31 | ₩25.07 Billion | -10.59% |
| 2020-12-31 | ₩28.05 Billion | +2.77% |
| 2019-12-31 | ₩27.29 Billion | -2.10% |
| 2018-12-31 | ₩27.87 Billion | -9.55% |
| 2017-12-31 | ₩30.82 Billion | +5.99% |
| 2016-12-31 | ₩29.08 Billion | +32.70% |
| 2015-12-31 | ₩21.91 Billion | -21.65% |
| 2014-12-31 | ₩27.97 Billion | -35.38% |
| 2013-12-31 | ₩43.28 Billion | -4.58% |
| 2012-12-31 | ₩45.35 Billion | +23.33% |
| 2011-12-31 | ₩36.77 Billion | +192.44% |
| 2007-12-31 | ₩12.58 Billion | -81.35% |
| 2006-12-31 | ₩67.42 Billion | +3.50% |
| 2005-12-31 | ₩65.14 Billion | +24.02% |
| 2004-12-31 | ₩52.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phoenix Materials 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 decreased by 869390657000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩9.89 Billion | 65.71% |
| Other Components | ₩13.86 Billion | 92.04% |
| Total Equity | ₩15.06 Billion | 100.00% |
Phoenix Materials Co. Ltd Competitors by Market Cap
The table below lists competitors of Phoenix Materials Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ME Renewable Power Corporation
PINK:MEPW
|
$8.87 Million |
|
SWISS LIFE HLDG N - Dusseldorf Stock Exchang
DU:SLW
|
$8.87 Million |
|
Jindalee Resources Limited
OTCQX:JNDAF
|
$8.87 Million |
|
Engenco Ltd
AU:EGN
|
$8.87 Million |
|
Copperwired Public Company Limited
BK:CPW
|
$8.87 Million |
|
White Horse Bhd
KLSE:5009
|
$8.87 Million |
|
Berkah Beton Sadaya Tbk PT
JK:BEBS
|
$8.87 Million |
|
Borgestad ASA
F:H460
|
$8.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phoenix Materials Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,204,514,880 to 15,055,664,310, a change of -2,148,850,570 (-12.5%).
- Net loss of 2,012,876,960 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-2.01 Billion | -13.37% |
| Other Changes | ₩-135.97 Million | -0.9% |
| Total Change | ₩- | -12.49% |
Book Value vs Market Value Analysis
This analysis compares Phoenix Materials 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: 0.83x
- 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 1.41x to 0.83x 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 | ₩449.77 | ₩633.00 | x |
| 2017-12-31 | ₩447.81 | ₩633.00 | x |
| 2018-12-31 | ₩405.03 | ₩633.00 | x |
| 2019-12-31 | ₩396.52 | ₩633.00 | x |
| 2020-12-31 | ₩355.81 | ₩633.00 | x |
| 2021-12-31 | ₩1272.47 | ₩633.00 | x |
| 2022-12-31 | ₩1128.88 | ₩633.00 | x |
| 2023-12-31 | ₩873.25 | ₩633.00 | x |
| 2024-12-31 | ₩764.18 | ₩633.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phoenix Materials 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): -13.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.84%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.26x
- Recent ROE (-13.37%) is below the historical average (-9.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 19.10% | 14.76% | 0.66x | 1.96x | ₩4.78 Billion |
| 2005 | 17.66% | 15.03% | 0.56x | 2.12x | ₩4.83 Billion |
| 2006 | 11.31% | 7.30% | 0.58x | 2.68x | ₩849.87 Million |
| 2011 | -18.33% | -10.44% | 0.55x | 3.21x | ₩-10.42 Billion |
| 2012 | 19.08% | 14.47% | 0.54x | 2.44x | ₩4.05 Billion |
| 2013 | -4.05% | -16.00% | 0.11x | 2.36x | ₩-6.03 Billion |
| 2014 | -55.50% | -116.05% | 0.16x | 2.93x | ₩-18.05 Billion |
| 2015 | -26.67% | -28.26% | 0.39x | 2.45x | ₩-8.04 Billion |
| 2016 | -11.78% | -7.96% | 0.83x | 1.79x | ₩-6.33 Billion |
| 2017 | -7.86% | -6.36% | 0.86x | 1.43x | ₩-5.50 Billion |
| 2018 | -10.27% | -26.25% | 0.33x | 1.20x | ₩-5.65 Billion |
| 2019 | -7.19% | -15.11% | 0.29x | 1.62x | ₩-4.69 Billion |
| 2020 | -15.66% | -43.43% | 0.23x | 1.59x | ₩-7.20 Billion |
| 2021 | -12.14% | -32.30% | 0.22x | 1.68x | ₩-5.55 Billion |
| 2022 | -13.74% | -36.02% | 0.29x | 1.30x | ₩-5.28 Billion |
| 2023 | -25.69% | -38.99% | 0.52x | 1.27x | ₩-6.14 Billion |
| 2024 | -13.37% | -15.84% | 0.67x | 1.26x | ₩-3.52 Billion |
Industry Comparison
This section compares Phoenix Materials Co. Ltd's net assets metrics with peer companies in the Electronic Equipment & Parts industry.
Industry Context
- Industry: Electronic Equipment & Parts
- Average net assets among peers: $87,888,262,891
- Average return on equity (ROE) among peers: -9.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phoenix Materials Co. Ltd (050090) | ₩12.41 Billion | 19.10% | 0.27x | $8.87 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 |
| CoAsia Corporation (045970) | $100.09 Billion | 0.00% | 1.72x | $59.77 Million |
| Powerlogics Co. Ltd (047310) | $212.21 Billion | -3.86% | 1.12x | $121.60 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 |