Protec Co. Ltd (053610) - Net Assets
Based on the latest financial reports, Protec Co. Ltd (053610) has net assets worth ₩354.10 Billion KRW (≈ $239.97 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 (₩442.82 Billion ≈ $300.09 Million USD) and total liabilities (₩88.72 Billion ≈ $60.13 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 053610 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩354.10 Billion |
| % of Total Assets | 79.96% |
| Annual Growth Rate | 12.36% |
| 5-Year Change | 41.38% |
| 10-Year Change | 194.01% |
| Growth Volatility | 7.1 |
Protec Co. Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Protec Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 053610 asset base for the complete picture of this company's asset base.
Annual Net Assets for Protec Co. Ltd (2012–2025)
The table below shows the annual net assets of Protec Co. Ltd from 2012 to 2025. For live valuation and market cap data, see 053610 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩354.10 Billion ≈ $239.97 Million |
+9.69% |
| 2024-12-31 | ₩322.81 Billion ≈ $218.76 Million |
+2.67% |
| 2023-12-31 | ₩314.40 Billion ≈ $213.07 Million |
+16.06% |
| 2022-12-31 | ₩270.90 Billion ≈ $183.59 Million |
+8.16% |
| 2021-12-31 | ₩250.46 Billion ≈ $169.73 Million |
+21.49% |
| 2020-12-31 | ₩206.15 Billion ≈ $139.71 Million |
-0.29% |
| 2019-12-31 | ₩206.76 Billion ≈ $140.12 Million |
+24.91% |
| 2018-12-31 | ₩165.53 Billion ≈ $112.18 Million |
+13.61% |
| 2017-12-31 | ₩145.69 Billion ≈ $98.73 Million |
+20.97% |
| 2016-12-31 | ₩120.44 Billion ≈ $81.62 Million |
+12.61% |
| 2015-12-31 | ₩106.95 Billion ≈ $72.48 Million |
+9.13% |
| 2014-12-31 | ₩98.00 Billion ≈ $66.41 Million |
+16.58% |
| 2013-12-31 | ₩84.06 Billion ≈ $56.96 Million |
+7.98% |
| 2012-12-31 | ₩77.85 Billion ≈ $52.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Protec 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 428.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩360.85 Billion | 103.50% |
| Total Equity | ₩348.65 Billion | 100.00% |
Protec Co. Ltd Competitors by Market Cap
The table below lists competitors of Protec Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
St Barbara Limited
F:BM1
|
$501.58 Million |
|
Pangaea Logistic
NASDAQ:PANL
|
$501.60 Million |
|
China Railway Prefabricated Construction Co Ltd
SHE:300374
|
$501.63 Million |
|
Mill City Ventures III Ltd
NASDAQ:MCVT
|
$501.70 Million |
|
Shanghai Information2 Software Inc. A
SHG:688435
|
$501.33 Million |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
$501.31 Million |
|
Mativ Holdings Inc.
NYSE:MATV
|
$501.21 Million |
|
Qualitas Ltd
AU:QAL
|
$501.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Protec Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 304,215,344,240 to 348,648,424,440, a change of 44,433,080,200 (14.6%).
- Net income of 47,636,504,120 contributed positively to equity growth.
- Dividend payments of 3,600,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩47.64 Billion | +13.66% |
| Dividends Paid | ₩3.60 Billion | -1.03% |
| Other Changes | ₩396.58 Million | +0.11% |
| Total Change | ₩- | 14.61% |
Book Value vs Market Value Analysis
This analysis compares Protec 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: 2.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.52x to 2.12x 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 | ₩12615.93 | ₩82200.00 | x |
| 2017-12-31 | ₩15157.51 | ₩82200.00 | x |
| 2018-12-31 | ₩17541.28 | ₩82200.00 | x |
| 2019-12-31 | ₩19969.96 | ₩82200.00 | x |
| 2020-12-31 | ₩21105.00 | ₩82200.00 | x |
| 2021-12-31 | ₩25640.79 | ₩82200.00 | x |
| 2022-12-31 | ₩30100.20 | ₩82200.00 | x |
| 2023-12-31 | ₩31732.70 | ₩82200.00 | x |
| 2024-12-31 | ₩33801.70 | ₩82200.00 | x |
| 2025-12-31 | ₩38738.71 | ₩82200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Protec 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): 13.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.66%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.27x
- Recent ROE (13.66%) is above the historical average (13.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.27% | 18.51% | 0.90x | 1.16x | ₩7.22 Billion |
| 2013 | 8.81% | 11.20% | 0.62x | 1.27x | ₩-996.89 Million |
| 2014 | 15.21% | 16.04% | 0.75x | 1.27x | ₩5.08 Billion |
| 2015 | 10.02% | 14.27% | 0.55x | 1.27x | ₩24.65 Million |
| 2016 | 10.94% | 13.89% | 0.64x | 1.24x | ₩1.13 Billion |
| 2017 | 18.07% | 17.57% | 0.85x | 1.21x | ₩11.75 Billion |
| 2018 | 15.67% | 16.84% | 0.77x | 1.20x | ₩9.38 Billion |
| 2019 | 17.95% | 20.65% | 0.77x | 1.12x | ₩16.44 Billion |
| 2020 | 5.55% | 13.22% | 0.38x | 1.10x | ₩-9.18 Billion |
| 2021 | 18.83% | 27.11% | 0.61x | 1.14x | ₩22.12 Billion |
| 2022 | 16.06% | 21.89% | 0.57x | 1.28x | ₩16.42 Billion |
| 2023 | 7.22% | 13.21% | 0.43x | 1.27x | ₩-7.95 Billion |
| 2024 | 7.13% | 12.73% | 0.45x | 1.24x | ₩-8.74 Billion |
| 2025 | 13.66% | 20.66% | 0.52x | 1.27x | ₩12.77 Billion |
Industry Comparison
This section compares Protec Co. Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $147,111,617,039
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Protec Co. Ltd (053610) | ₩354.10 Billion | 19.27% | 0.25x | $501.35 Million |
| D I Corp (003160) | $161.25 Billion | 1.96% | 0.74x | $586.24 Million |
| Samick Thk (004380) | $150.49 Billion | 11.83% | 0.46x | $139.72 Million |
| PSMC CO. Ltd (024850) | $64.44 Billion | 4.30% | 1.04x | $451.89 Million |
| Mirae Corporation (025560) | $84.64 Billion | 8.85% | 0.39x | $46.76 Million |
| KC Co. Ltd (029460) | $96.37 Billion | 13.32% | 0.43x | $294.96 Million |
| MK Electron Co. Ltd (033160) | $250.27 Billion | 13.09% | 4.33x | $395.23 Million |
| Signetics Corporation (033170) | $147.33 Billion | -4.23% | 0.36x | $50.89 Million |
| Nepes Corporation (033640) | $110.15 Billion | -56.50% | 5.45x | $500.06 Million |
| EO Technics Co. Ltd (039030) | $373.95 Billion | 5.84% | 0.15x | $3.91 Billion |
| STI Co. Ltd (039440) | $32.22 Billion | 13.97% | 0.83x | $373.52 Million |
About Protec Co. Ltd
Protec Co., Ltd. manufactures and sells semiconductor packaging equipment and automated pneumatic parts in South Korea. The company provides dispensers, precision attachment systems, laser assisted bonders, and micro SBM products. Protec Co., Ltd. was incorporated in 1997 and is headquartered in Anyang-si, South Korea.