Kortek Corporation (052330) - Net Assets
Based on the latest financial reports, Kortek Corporation (052330) has net assets worth ₩374.88 Billion KRW (≈ $254.05 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩455.87 Billion ≈ $308.94 Million USD) and total liabilities (₩81.00 Billion ≈ $54.89 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. Check 052330 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩374.88 Billion |
| % of Total Assets | 82.23% |
| Annual Growth Rate | 8.98% |
| 5-Year Change | 13.31% |
| 10-Year Change | 59.69% |
| Growth Volatility | 9.17 |
Kortek Corporation - Net Assets Trend (2008–2024)
This chart illustrates how Kortek Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Kortek Corporation assets under control for the complete picture of this company's asset base.
Annual Net Assets for Kortek Corporation (2008–2024)
The table below shows the annual net assets of Kortek Corporation from 2008 to 2024. For live valuation and market cap data, see 052330 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩339.78 Billion ≈ $230.27 Million |
+0.34% |
| 2023-12-31 | ₩338.63 Billion ≈ $229.48 Million |
+5.58% |
| 2022-12-31 | ₩320.75 Billion ≈ $217.36 Million |
+11.10% |
| 2021-12-31 | ₩288.70 Billion ≈ $195.65 Million |
-3.72% |
| 2020-12-31 | ₩299.86 Billion ≈ $203.21 Million |
-5.68% |
| 2019-12-31 | ₩317.91 Billion ≈ $215.45 Million |
+9.70% |
| 2018-12-31 | ₩289.79 Billion ≈ $196.39 Million |
+10.87% |
| 2017-12-31 | ₩261.38 Billion ≈ $177.14 Million |
+7.57% |
| 2016-12-31 | ₩242.99 Billion ≈ $164.67 Million |
+14.20% |
| 2015-12-31 | ₩212.77 Billion ≈ $144.19 Million |
+28.89% |
| 2014-12-31 | ₩165.08 Billion ≈ $111.87 Million |
+7.34% |
| 2012-12-31 | ₩153.79 Billion ≈ $104.22 Million |
+11.21% |
| 2011-12-31 | ₩138.28 Billion ≈ $93.71 Million |
+13.98% |
| 2010-12-31 | ₩121.32 Billion ≈ $82.22 Million |
+10.84% |
| 2009-12-31 | ₩109.46 Billion ≈ $74.18 Million |
+27.51% |
| 2008-12-31 | ₩85.84 Billion ≈ $58.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kortek 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 525.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩267.28 Billion | 78.66% |
| Common Stock | ₩8.26 Billion | 2.43% |
| Other Components | ₩64.24 Billion | 18.91% |
| Total Equity | ₩339.78 Billion | 100.00% |
Kortek Corporation Competitors by Market Cap
The table below lists competitors of Kortek Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RS Automation Co.Ltd
KQ:140670
|
$105.06 Million |
|
Allcargo Gati Limited
NSE:ACLGATI
|
$105.06 Million |
|
Ilsung Pharm
KO:003120
|
$105.08 Million |
|
DORO AB
ST:DORO
|
$105.09 Million |
|
Atinum Investment Co. Ltd
KQ:021080
|
$105.04 Million |
|
Richmond International Travel & Tours Co Ltd
TWO:2743
|
$105.02 Million |
|
DeFi Development Corp.
NASDAQ:DFDV
|
$105.01 Million |
|
EcoGraf Ltd
F:FMK
|
$104.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kortek Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 318,096,663,110 to 339,782,180,190, a change of 21,685,517,080 (6.8%).
- Net income of 27,281,069,260 contributed positively to equity growth.
- Dividend payments of 2,743,371,000 reduced retained earnings.
- Share repurchases of 13,662,355,010 reduced equity.
- Other factors increased equity by 10,810,173,830.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩27.28 Billion | +8.03% |
| Dividends Paid | ₩2.74 Billion | -0.81% |
| Share Repurchases | ₩13.66 Billion | -4.02% |
| Other Changes | ₩10.81 Billion | +3.18% |
| Total Change | ₩- | 6.82% |
Book Value vs Market Value Analysis
This analysis compares Kortek 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: 0.45x
- 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 0.72x to 0.45x 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 | ₩16341.33 | ₩11770.00 | x |
| 2017-12-31 | ₩17578.19 | ₩11770.00 | x |
| 2018-12-31 | ₩19488.79 | ₩11770.00 | x |
| 2019-12-31 | ₩21379.84 | ₩11770.00 | x |
| 2020-12-31 | ₩20997.07 | ₩11770.00 | x |
| 2021-12-31 | ₩20215.39 | ₩11770.00 | x |
| 2022-12-31 | ₩22459.34 | ₩11770.00 | x |
| 2023-12-31 | ₩23190.20 | ₩11770.00 | x |
| 2024-12-31 | ₩26307.32 | ₩11770.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kortek 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): 8.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.86%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.31x
- Recent ROE (8.03%) is below the historical average (8.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 4.82% | 2.98% | 1.25x | 1.29x | ₩-4.45 Billion |
| 2009 | 11.74% | 8.78% | 1.11x | 1.20x | ₩1.90 Billion |
| 2010 | 13.22% | 10.63% | 1.07x | 1.17x | ₩3.91 Billion |
| 2011 | 15.42% | 13.29% | 0.95x | 1.22x | ₩7.49 Billion |
| 2012 | 11.26% | 10.63% | 0.93x | 1.14x | ₩1.93 Billion |
| 2014 | 3.83% | 4.25% | 0.82x | 1.10x | ₩-10.18 Billion |
| 2015 | 10.90% | 9.58% | 1.03x | 1.11x | ₩1.91 Billion |
| 2016 | 15.53% | 12.67% | 1.08x | 1.13x | ₩13.45 Billion |
| 2017 | 8.31% | 6.63% | 1.08x | 1.16x | ₩-4.43 Billion |
| 2018 | 12.09% | 10.11% | 1.07x | 1.12x | ₩6.07 Billion |
| 2019 | 9.68% | 10.78% | 0.81x | 1.11x | ₩-1.03 Billion |
| 2020 | -2.84% | -4.56% | 0.58x | 1.08x | ₩-38.50 Billion |
| 2021 | -4.66% | -6.31% | 0.61x | 1.21x | ₩-42.31 Billion |
| 2022 | 8.80% | 6.59% | 0.91x | 1.47x | ₩-3.85 Billion |
| 2023 | 2.49% | 2.42% | 0.71x | 1.45x | ₩-23.88 Billion |
| 2024 | 8.03% | 8.86% | 0.69x | 1.31x | ₩-6.70 Billion |
Industry Comparison
This section compares Kortek Corporation's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $31,823,129,672
- Average return on equity (ROE) among peers: 0.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kortek Corporation (052330) | ₩374.88 Billion | 4.82% | 0.22x | $105.04 Million |
| Jeong Moon Information. Co. Ltd (033050) | $35.52 Billion | -22.47% | 1.34x | $22.12 Million |
| Jooyontech (044380) | $37.66 Billion | -5.96% | 0.53x | $18.79 Million |
| Aroot Co. Ltd (096690) | $32.27 Billion | 7.46% | 0.14x | $21.86 Million |
| Robotis Co.Ltd (108490) | $11.93 Billion | 14.25% | 0.12x | $2.80 Billion |
| T-Robotics.Co.Ltd (117730) | $25.33 Billion | -43.25% | 2.39x | $288.93 Million |
| Abko Co. Ltd (129890) | $56.62 Billion | 8.31% | 0.73x | $33.92 Million |
| RoboRobo Co. Ltd (215100) | $25.20 Billion | 10.14% | 0.06x | $107.21 Million |
| Laon People Inc. (300120) | $25.85 Billion | 24.18% | 0.12x | $14.38 Million |
| M2I Corporation (347890) | $36.02 Billion | 13.18% | 0.12x | $66.23 Million |
About Kortek Corporation
Kortek Corporation develops, produces, and sells industrial displays worldwide. The company offers gaming displays; interactive flat panel displays; medical displays, such as ultrasound imaging, clinical review, surgical, and diagnostic displays; digital signage displays; video walls used in control centers, waiting rooms, shopping centers, and other locations; and outdoor displays. It also provi… Read more