Asia Technology Co Ltd
Asia Technology Co., Ltd. develops, manufactures, and sells agricultural machinery in Korea and internationally. It offers cultivators, including multi-purpose cultivators, mini cultivators, and weeders; riding-type cultivators; and attachable implements comprising formers, vinyl mulchers, plows, reapers, soil restoration products, miracle rotaries, corn reapers, chippers, vibration pressure ridg… Read more
Asia Technology Co Ltd (050860) - Net Assets
Latest net assets as of September 2025: ₩125.43 Billion KRW
Based on the latest financial reports, Asia Technology Co Ltd (050860) has net assets worth ₩125.43 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 (₩192.34 Billion) and total liabilities (₩66.90 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 | ₩125.43 Billion |
| % of Total Assets | 65.22% |
| Annual Growth Rate | 3.98% |
| 5-Year Change | 26.32% |
| 10-Year Change | 46.94% |
| Growth Volatility | 6.39 |
Asia Technology Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Asia Technology 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 Asia Technology Co Ltd (2012–2025)
The table below shows the annual net assets of Asia Technology Co Ltd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ₩129.65 Billion | -1.45% |
| 2024-06-30 | ₩131.55 Billion | +0.77% |
| 2023-06-30 | ₩130.55 Billion | +7.20% |
| 2022-06-30 | ₩121.78 Billion | +18.66% |
| 2021-06-30 | ₩102.63 Billion | +4.04% |
| 2020-06-30 | ₩98.65 Billion | +0.22% |
| 2019-06-30 | ₩98.43 Billion | -1.18% |
| 2018-06-30 | ₩99.61 Billion | +7.84% |
| 2017-06-30 | ₩92.37 Billion | +4.70% |
| 2016-06-30 | ₩88.23 Billion | +11.93% |
| 2015-06-30 | ₩78.83 Billion | -7.45% |
| 2014-06-30 | ₩85.18 Billion | +1.75% |
| 2013-06-30 | ₩83.71 Billion | +7.26% |
| 2012-06-30 | ₩78.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asia Technology 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 93.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩89.94 Billion | 69.37% |
| Other Components | ₩39.71 Billion | 30.63% |
| Total Equity | ₩129.65 Billion | 100.00% |
Asia Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Asia Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS
IS:ORMA
|
$19.00 Million |
|
ANGLER GAMING PLC EO -01
F:0QM
|
$19.00 Million |
|
Allakos Inc
NASDAQ:ALLK
|
$19.00 Million |
|
OpenLocker Holdings Inc
PINK:OLKR
|
$19.00 Million |
|
Indospring Tbk
JK:INDS
|
$18.97 Million |
|
Black Hawk Acquisition Corporation Units
NASDAQ:BKHAU
|
$18.97 Million |
|
Heranba Industries Limited
NSE:HERANBA
|
$18.97 Million |
|
Neofect Co.Ltd
KQ:290660
|
$18.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 131,554,905,250 to 129,646,925,620, a change of -1,907,979,630 (-1.5%).
- Net income of 2,770,072,480 contributed positively to equity growth.
- Dividend payments of 1,017,376,300 reduced retained earnings.
- Share repurchases of 2,580,240,660 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.77 Billion | +2.14% |
| Dividends Paid | ₩1.02 Billion | -0.78% |
| Share Repurchases | ₩2.58 Billion | -1.99% |
| Other Changes | ₩-1.08 Billion | -0.83% |
| Total Change | ₩- | -1.45% |
Book Value vs Market Value Analysis
This analysis compares Asia Technology 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: 0.30x
- 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 0.49x to 0.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | ₩4088.51 | ₩2020.00 | x |
| 2018-06-30 | ₩4679.65 | ₩2020.00 | x |
| 2019-06-30 | ₩4624.19 | ₩2020.00 | x |
| 2020-06-30 | ₩4634.36 | ₩2020.00 | x |
| 2021-06-30 | ₩4822.34 | ₩2020.00 | x |
| 2022-06-30 | ₩5722.19 | ₩2020.00 | x |
| 2023-06-30 | ₩6134.14 | ₩2020.00 | x |
| 2024-06-30 | ₩6465.40 | ₩2020.00 | x |
| 2025-06-30 | ₩6756.40 | ₩2020.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Technology 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): 2.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.44%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.52x
- Recent ROE (2.14%) is below the historical average (4.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 7.16% | 5.29% | 1.10x | 1.23x | ₩-2.21 Billion |
| 2013 | 8.18% | 5.91% | 1.23x | 1.12x | ₩-1.53 Billion |
| 2014 | 3.10% | 2.46% | 1.17x | 1.08x | ₩-5.88 Billion |
| 2015 | 3.80% | 3.01% | 1.15x | 1.10x | ₩-4.89 Billion |
| 2016 | 4.31% | 3.69% | 1.09x | 1.07x | ₩-5.02 Billion |
| 2017 | 4.48% | 4.07% | 1.06x | 1.04x | ₩-5.10 Billion |
| 2018 | 2.94% | 2.91% | 0.92x | 1.10x | ₩-7.03 Billion |
| 2019 | 0.50% | 0.48% | 0.84x | 1.24x | ₩-9.35 Billion |
| 2020 | 0.99% | 0.87% | 0.83x | 1.38x | ₩-8.88 Billion |
| 2021 | 4.65% | 4.48% | 0.85x | 1.22x | ₩-5.49 Billion |
| 2022 | 9.66% | 8.54% | 0.93x | 1.21x | ₩-414.48 Million |
| 2023 | 7.35% | 7.76% | 0.71x | 1.34x | ₩-3.47 Billion |
| 2024 | 3.51% | 3.72% | 0.63x | 1.50x | ₩-8.54 Billion |
| 2025 | 2.14% | 2.44% | 0.58x | 1.52x | ₩-10.19 Billion |
Industry Comparison
This section compares Asia Technology 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 |
|---|---|---|---|---|
| Asia Technology Co Ltd (050860) | ₩125.43 Billion | 7.16% | 0.53x | $18.98 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 |