Spolytech Co. Ltd (050760) - Net Assets
Based on the latest financial reports, Spolytech Co. Ltd (050760) has net assets worth ₩56.40 Billion KRW (≈ $38.22 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩110.10 Billion ≈ $74.61 Million USD) and total liabilities (₩53.69 Billion ≈ $36.39 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 total assets of Spolytech Co. Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩56.40 Billion |
| % of Total Assets | 51.23% |
| Annual Growth Rate | 13.82% |
| 5-Year Change | -16.74% |
| 10-Year Change | 16.0% |
| Growth Volatility | 143.46 |
Spolytech Co. Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Spolytech Co. Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Spolytech Co. Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Spolytech Co. Ltd (2003–2025)
The table below shows the annual net assets of Spolytech Co. Ltd from 2003 to 2025. For live valuation and market cap data, see Spolytech Co. Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩56.40 Billion ≈ $38.22 Million |
-13.50% |
| 2024-12-31 | ₩65.21 Billion ≈ $44.19 Million |
+8.69% |
| 2023-12-31 | ₩60.00 Billion ≈ $40.66 Million |
-8.31% |
| 2022-12-31 | ₩65.43 Billion ≈ $44.34 Million |
-3.41% |
| 2021-12-31 | ₩67.75 Billion ≈ $45.91 Million |
+9.19% |
| 2020-12-31 | ₩62.04 Billion ≈ $42.05 Million |
+10.78% |
| 2019-12-31 | ₩56.01 Billion ≈ $37.96 Million |
+21.74% |
| 2018-12-31 | ₩46.01 Billion ≈ $31.18 Million |
+2.66% |
| 2017-12-31 | ₩44.81 Billion ≈ $30.37 Million |
-7.84% |
| 2016-12-31 | ₩48.63 Billion ≈ $32.95 Million |
+5.84% |
| 2015-12-31 | ₩45.94 Billion ≈ $31.13 Million |
-2.65% |
| 2014-12-31 | ₩47.19 Billion ≈ $31.98 Million |
-7.99% |
| 2013-12-31 | ₩51.29 Billion ≈ $34.76 Million |
+0.95% |
| 2012-12-31 | ₩50.81 Billion ≈ $34.44 Million |
+2.56% |
| 2011-12-31 | ₩49.54 Billion ≈ $33.58 Million |
+49.13% |
| 2010-12-31 | ₩33.22 Billion ≈ $22.51 Million |
+30.56% |
| 2009-12-31 | ₩25.45 Billion ≈ $17.24 Million |
+16.39% |
| 2008-12-31 | ₩21.86 Billion ≈ $14.82 Million |
-5.77% |
| 2007-12-31 | ₩23.20 Billion ≈ $15.72 Million |
-13.86% |
| 2006-12-31 | ₩26.94 Billion ≈ $18.25 Million |
-15.57% |
| 2005-12-31 | ₩31.90 Billion ≈ $21.62 Million |
+23.62% |
| 2004-12-31 | ₩25.81 Billion ≈ $17.49 Million |
+689.59% |
| 2003-12-31 | ₩3.27 Billion ≈ $2.21 Million |
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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 3126447547000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩31.26 Billion | 55.43% |
| Other Components | ₩25.14 Billion | 44.57% |
| Total Equity | ₩56.40 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 |
|---|---|
|
The Grob Tea Company Limited
NSE:GROBTEA
|
$11.33 Million |
|
Suryalakshmi Cotton Mills Limited
NSE:SURYALAXMI
|
$11.35 Million |
|
GANGLONG CHINA PR.GR.LTD
F:52J
|
$11.35 Million |
|
Platinex Inc
F:9PX
|
$11.35 Million |
|
Clal Biotechnology Industries Ltd
TA:CBI
|
$11.31 Million |
|
Lode Resources Ltd
AU:LDR
|
$11.30 Million |
|
Ironman International Ltd.
V:IMI
|
$11.30 Million |
|
Arts-Way Manufacturing Co Inc
NASDAQ:ARTW
|
$11.30 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 2024 to 2025, total equity changed from 65,207,891,680 to 56,404,756,880, a change of -8,803,134,800 (-13.5%).
- Net loss of 8,791,961,310 reduced equity.
- Dividend payments of 386,069,220 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-8.79 Billion | -15.59% |
| Dividends Paid | ₩386.07 Million | -0.68% |
| Other Changes | ₩374.90 Million | +0.66% |
| Total Change | ₩- | -13.50% |
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: 0.29x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩3096.88 | ₩1069.00 | x |
| 2017-12-31 | ₩2854.07 | ₩1069.00 | x |
| 2018-12-31 | ₩2930.00 | ₩1069.00 | x |
| 2019-12-31 | ₩3561.55 | ₩1069.00 | x |
| 2020-12-31 | ₩4032.37 | ₩1069.00 | x |
| 2021-12-31 | ₩4386.95 | ₩1069.00 | x |
| 2022-12-31 | ₩4237.14 | ₩1069.00 | x |
| 2023-12-31 | ₩3885.13 | ₩1069.00 | x |
| 2024-12-31 | ₩4222.55 | ₩1069.00 | x |
| 2025-12-31 | ₩3652.50 | ₩1069.00 | 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): -15.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.17%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.95x
- Recent ROE (-15.59%) is below the historical average (4.04%), 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 | 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 |
| 2025 | -15.59% | -13.17% | 0.61x | 1.95x | ₩-14.43 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: $92,568,527,989
- Average return on equity (ROE) among peers: 3.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spolytech Co. Ltd (050760) | ₩56.40 Billion | 14.56% | 0.95x | $11.33 Million |
| Bosung Power Technology Co. Ltd (006910) | $84.16 Billion | -11.19% | 0.47x | $196.16 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $36.66 Billion | 7.02% | 2.67x | $14.66 Million |
| SMCore.Inc (007820) | $68.83 Billion | -0.84% | 0.35x | $39.71 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $40.35 Billion | 17.49% | 1.24x | $44.93 Million |
| Nuintek Co.Ltd (012340) | $27.79 Billion | 1.28% | 1.92x | $29.90 Million |
| CAS Corporation (016920) | $44.29 Billion | -4.98% | 2.16x | $14.68 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $65.83 Billion | 5.57% | 0.15x | $66.64 Million |
| Enertork Ltd (019990) | $40.06 Billion | 1.22% | 0.07x | $30.98 Million |
| Tae Kwang Corporation (023160) | $480.09 Billion | 7.45% | 0.24x | $376.89 Million |
| Woori Technology Inc (032820) | $37.62 Billion | 8.68% | 1.27x | $646.77 Million |
About 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