Spolytech Co. Ltd
Spolytech Co., Ltd. manufactures and sells engineering plastic sheets and films in South Korea. It offers polycarbonate (PC) sheets, PC Naehoo sheets, PC heatcut sheets, PC films, PMMA sheets and films, light guide plates, diffusion panels, SF layers, and PETG products. The company also provides flat, wing, and snap-on connector type multiwall sheets; and sky glasses. Its products are used in ind… Read more
Spolytech Co. Ltd (050760) - Net Assets
Latest net assets as of September 2025: ₩60.17 Billion KRW
Based on the latest financial reports, Spolytech Co. Ltd (050760) has net assets worth ₩60.17 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 (₩113.10 Billion) and total liabilities (₩52.93 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 | ₩60.17 Billion |
| % of Total Assets | 53.2% |
| Annual Growth Rate | 15.32% |
| 5-Year Change | 5.1% |
| 10-Year Change | 41.93% |
| Growth Volatility | 146.42 |
Spolytech Co. Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Spolytech 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 Spolytech Co. Ltd (2003–2024)
The table below shows the annual net assets of Spolytech Co. Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩65.21 Billion | +8.69% |
| 2023-12-31 | ₩60.00 Billion | -8.31% |
| 2022-12-31 | ₩65.43 Billion | -3.41% |
| 2021-12-31 | ₩67.75 Billion | +9.19% |
| 2020-12-31 | ₩62.04 Billion | +10.78% |
| 2019-12-31 | ₩56.01 Billion | +21.74% |
| 2018-12-31 | ₩46.01 Billion | +2.66% |
| 2017-12-31 | ₩44.81 Billion | -7.84% |
| 2016-12-31 | ₩48.63 Billion | +5.84% |
| 2015-12-31 | ₩45.94 Billion | -2.65% |
| 2014-12-31 | ₩47.19 Billion | -7.99% |
| 2013-12-31 | ₩51.29 Billion | +0.95% |
| 2012-12-31 | ₩50.81 Billion | +2.56% |
| 2011-12-31 | ₩49.54 Billion | +49.13% |
| 2010-12-31 | ₩33.22 Billion | +30.56% |
| 2009-12-31 | ₩25.45 Billion | +16.39% |
| 2008-12-31 | ₩21.86 Billion | -5.77% |
| 2007-12-31 | ₩23.20 Billion | -13.86% |
| 2006-12-31 | ₩26.94 Billion | -15.57% |
| 2005-12-31 | ₩31.90 Billion | +23.62% |
| 2004-12-31 | ₩25.81 Billion | +689.59% |
| 2003-12-31 | ₩3.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spolytech 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 grown by 4013436639000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩40.13 Billion | 61.55% |
| Common Stock | ₩8.17 Billion | 12.53% |
| Other Components | ₩16.91 Billion | 25.93% |
| Total Equity | ₩65.21 Billion | 100.00% |
Spolytech Co. Ltd Competitors by Market Cap
The table below lists competitors of Spolytech Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vintcom Technology PCL
BK:VCOM
|
$7.95 Million |
|
CARM PATRI A EUR 3D
BE:Y9U6
|
$7.95 Million |
|
American Manganese Inc
OTCQB:AMYZF
|
$7.95 Million |
|
KWESST MICRO SYS.INC.
F:62UA
|
$7.96 Million |
|
Camino Minerals Corporation
PINK:CAMZF
|
$7.95 Million |
|
Kanpur Plastipack Limited
NSE:KANPRPLA
|
$7.94 Million |
|
Reliance Securities Tbk
JK:RELI
|
$7.94 Million |
|
Surana Telecom and Power Limited
NSE:SURANAT&P
|
$7.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spolytech Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,997,095,710 to 65,207,891,680, a change of 5,210,795,970 (8.7%).
- Net income of 5,025,190,940 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩5.03 Billion | +7.71% |
| Other Changes | ₩185.61 Million | +0.28% |
| Total Change | ₩- | 8.69% |
Book Value vs Market Value Analysis
This analysis compares Spolytech 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: 0.28x
- 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 0.38x to 0.28x 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 | ₩3096.88 | ₩1168.00 | x |
| 2017-12-31 | ₩2854.07 | ₩1168.00 | x |
| 2018-12-31 | ₩2930.00 | ₩1168.00 | x |
| 2019-12-31 | ₩3561.55 | ₩1168.00 | x |
| 2020-12-31 | ₩4032.37 | ₩1168.00 | x |
| 2021-12-31 | ₩4386.95 | ₩1168.00 | x |
| 2022-12-31 | ₩4237.14 | ₩1168.00 | x |
| 2023-12-31 | ₩3885.13 | ₩1168.00 | x |
| 2024-12-31 | ₩4222.55 | ₩1168.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spolytech 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): 7.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.27%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.71x
- Recent ROE (7.71%) is above the historical average (5.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 14.56% | 5.26% | 1.10x | 2.52x | ₩1.18 Billion |
| 2009 | 15.78% | 3.77% | 1.47x | 2.85x | ₩1.47 Billion |
| 2010 | 19.07% | 4.32% | 1.67x | 2.64x | ₩3.01 Billion |
| 2011 | 7.77% | 2.63% | 1.37x | 2.16x | ₩-1.11 Billion |
| 2012 | 3.12% | 1.21% | 1.19x | 2.17x | ₩-3.48 Billion |
| 2013 | 2.77% | 1.20% | 1.13x | 2.05x | ₩-3.69 Billion |
| 2014 | -9.27% | -3.86% | 1.13x | 2.13x | ₩-9.04 Billion |
| 2015 | -3.76% | -1.71% | 1.01x | 2.17x | ₩-6.28 Billion |
| 2016 | 8.10% | 3.35% | 1.11x | 2.17x | ₩-924.90 Million |
| 2017 | -6.82% | -2.50% | 1.13x | 2.41x | ₩-7.54 Billion |
| 2018 | 3.29% | 1.11% | 1.32x | 2.25x | ₩-3.09 Billion |
| 2019 | 19.18% | 7.96% | 1.23x | 1.95x | ₩5.14 Billion |
| 2020 | 12.45% | 5.71% | 1.09x | 1.99x | ₩1.52 Billion |
| 2021 | 7.86% | 4.85% | 1.01x | 1.61x | ₩-1.45 Billion |
| 2022 | -4.32% | -3.43% | 0.76x | 1.66x | ₩-9.37 Billion |
| 2023 | -9.13% | -7.48% | 0.67x | 1.82x | ₩-11.48 Billion |
| 2024 | 7.71% | 6.27% | 0.72x | 1.71x | ₩-1.50 Billion |
Industry Comparison
This section compares Spolytech Co. Ltd'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 |
|---|---|---|---|---|
| Spolytech Co. Ltd (050760) | ₩60.17 Billion | 14.56% | 0.88x | $7.95 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 |