Elentec Co. Ltd (054210) - Net Assets
Based on the latest financial reports, Elentec Co. Ltd (054210) has net assets worth ₩281.79 Billion KRW (≈ $190.97 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 (₩636.92 Billion ≈ $431.63 Million USD) and total liabilities (₩355.13 Billion ≈ $240.66 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 how resilient are Elentec Co. Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩281.79 Billion |
| % of Total Assets | 44.24% |
| Annual Growth Rate | 8.65% |
| 5-Year Change | 95.77% |
| 10-Year Change | 121.68% |
| Growth Volatility | 13.0 |
Elentec Co. Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Elentec Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 054210 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Elentec Co. Ltd (2003–2024)
The table below shows the annual net assets of Elentec Co. Ltd from 2003 to 2024. For live valuation and market cap data, see 054210 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩285.96 Billion ≈ $193.79 Million |
+4.45% |
| 2023-12-31 | ₩273.78 Billion ≈ $185.54 Million |
+5.28% |
| 2022-12-31 | ₩260.05 Billion ≈ $176.23 Million |
+20.62% |
| 2021-12-31 | ₩215.59 Billion ≈ $146.10 Million |
+47.59% |
| 2020-12-31 | ₩146.08 Billion ≈ $98.99 Million |
-11.22% |
| 2019-12-31 | ₩164.53 Billion ≈ $111.50 Million |
+16.71% |
| 2018-12-31 | ₩140.98 Billion ≈ $95.54 Million |
-8.11% |
| 2017-12-31 | ₩153.41 Billion ≈ $103.97 Million |
-6.01% |
| 2016-12-31 | ₩163.22 Billion ≈ $110.61 Million |
+26.53% |
| 2015-12-31 | ₩129.00 Billion ≈ $87.42 Million |
+10.95% |
| 2014-12-31 | ₩116.27 Billion ≈ $78.79 Million |
+2.59% |
| 2013-12-31 | ₩113.33 Billion ≈ $76.80 Million |
+14.62% |
| 2012-12-31 | ₩98.87 Billion ≈ $67.01 Million |
+7.97% |
| 2011-12-31 | ₩91.58 Billion ≈ $62.06 Million |
+5.94% |
| 2010-12-31 | ₩86.44 Billion ≈ $58.58 Million |
+6.57% |
| 2009-12-31 | ₩81.11 Billion ≈ $54.97 Million |
+13.96% |
| 2008-12-31 | ₩71.18 Billion ≈ $48.24 Million |
+12.66% |
| 2007-12-31 | ₩63.18 Billion ≈ $42.81 Million |
-5.46% |
| 2006-12-31 | ₩66.83 Billion ≈ $45.29 Million |
-2.48% |
| 2005-12-31 | ₩68.53 Billion ≈ $46.44 Million |
+17.20% |
| 2004-12-31 | ₩58.47 Billion ≈ $39.63 Million |
+16.72% |
| 2003-12-31 | ₩50.10 Billion ≈ $33.95 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Elentec 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 789.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩177.85 Billion | 62.19% |
| Other Components | ₩108.12 Billion | 37.81% |
| Total Equity | ₩285.96 Billion | 100.00% |
Elentec Co. Ltd Competitors by Market Cap
The table below lists competitors of Elentec Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Decora SA
WAR:DCR
|
$215.09 Million |
|
ODAS Elektrik Uretim Sanayi Ticaret AS
IS:ODAS
|
$215.10 Million |
|
Perdana Karya Perkasa Tbk
JK:PKPK
|
$215.16 Million |
|
Puerto Ventana
SN:VENTANAS
|
$215.24 Million |
|
Honey Hope Honesty Enterprise Co Ltd
TWO:8043
|
$215.00 Million |
|
QINGCI GAMES INC. -00001
F:Z56
|
$214.99 Million |
|
Apollo Pipes Limited
NSE:APOLLOPIPE
|
$214.97 Million |
|
The Gold Bond Group Ltd
TA:GOLD
|
$214.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elentec Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 273,780,996,900 to 285,964,663,790, a change of 12,183,666,890 (4.5%).
- Net income of 354,711,510 contributed positively to equity growth.
- Dividend payments of 2,296,410,560 reduced retained earnings.
- Other factors increased equity by 14,125,365,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩354.71 Million | +0.12% |
| Dividends Paid | ₩2.30 Billion | -0.8% |
| Other Changes | ₩14.13 Billion | +4.94% |
| Total Change | ₩- | 4.45% |
Book Value vs Market Value Analysis
This analysis compares Elentec 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: 1.11x
- 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 1.60x to 1.11x 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 | ₩7970.39 | ₩12750.00 | x |
| 2017-12-31 | ₩7491.61 | ₩12750.00 | x |
| 2018-12-31 | ₩6884.35 | ₩12750.00 | x |
| 2019-12-31 | ₩7483.69 | ₩12750.00 | x |
| 2020-12-31 | ₩6208.37 | ₩12750.00 | x |
| 2021-12-31 | ₩8676.57 | ₩12750.00 | x |
| 2022-12-31 | ₩10449.38 | ₩12750.00 | x |
| 2023-12-31 | ₩11001.02 | ₩12750.00 | x |
| 2024-12-31 | ₩11490.58 | ₩12750.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elentec 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): 0.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.06%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.03x
- Recent ROE (0.12%) is below the historical average (6.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 10.46% | 3.60% | 1.85x | 1.57x | ₩231.71 Million |
| 2004 | 17.76% | 5.27% | 1.96x | 1.72x | ₩4.50 Billion |
| 2005 | 17.53% | 5.73% | 1.71x | 1.79x | ₩5.16 Billion |
| 2008 | 3.84% | 0.67% | 2.10x | 2.73x | ₩-4.38 Billion |
| 2009 | 7.87% | 1.15% | 2.65x | 2.57x | ₩-1.73 Billion |
| 2010 | 5.22% | 0.87% | 2.24x | 2.67x | ₩-4.13 Billion |
| 2011 | 3.19% | 0.65% | 1.59x | 3.10x | ₩-6.24 Billion |
| 2012 | 6.25% | 1.10% | 1.47x | 3.87x | ₩-3.62 Billion |
| 2013 | 11.40% | 1.97% | 1.51x | 3.82x | ₩1.58 Billion |
| 2014 | 4.22% | 0.85% | 1.38x | 3.62x | ₩-6.72 Billion |
| 2015 | 11.54% | 2.42% | 1.47x | 3.26x | ₩1.99 Billion |
| 2016 | 8.32% | 2.26% | 1.38x | 2.68x | ₩-2.74 Billion |
| 2017 | -0.95% | -0.25% | 1.38x | 2.77x | ₩-16.80 Billion |
| 2018 | -7.71% | -2.41% | 1.08x | 2.97x | ₩-24.97 Billion |
| 2019 | 7.36% | 1.66% | 1.73x | 2.56x | ₩-4.35 Billion |
| 2020 | -10.95% | -2.56% | 1.58x | 2.71x | ₩-30.61 Billion |
| 2021 | 15.74% | 4.44% | 1.44x | 2.46x | ₩12.37 Billion |
| 2022 | 21.04% | 5.48% | 1.64x | 2.33x | ₩28.71 Billion |
| 2023 | 6.10% | 2.22% | 1.34x | 2.05x | ₩-10.68 Billion |
| 2024 | 0.12% | 0.06% | 0.96x | 2.03x | ₩-28.24 Billion |
Industry Comparison
This section compares Elentec Co. Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,284,807,734,535
- Average return on equity (ROE) among peers: 2.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elentec Co. Ltd (054210) | ₩281.79 Billion | 10.46% | 1.26x | $215.03 Million |
| Kumho Electric (001210) | $181.00 Billion | -26.29% | 1.63x | $38.70 Million |
| Taihan Electric Wire Co Ltd (001440) | $1.13 Trillion | 0.00% | 3.65x | $7.09 Billion |
| Posco Chemical Co Ltd (003670) | $2.61 Trillion | 1.10% | 1.43x | $15.19 Billion |
| Sebang Global Battery Co Ltd (004490) | $585.52 Billion | 16.71% | 0.32x | $589.11 Million |
| LS Corp (006260) | $1.23 Trillion | 5.22% | 1.77x | $8.51 Billion |
| Daewon Cable (006340) | $81.19 Billion | 4.37% | 1.64x | $786.10 Million |
| Daewon Cable Co. Ltd. Preference Shares (006345) | $81.39 Billion | 1.52% | 1.35x | $458.78 Million |
| Samsung SDI (006400) | $12.66 Trillion | 2.82% | 0.57x | $36.39 Billion |
| Samsung Sdi Co Pref (006405) | $13.36 Trillion | 4.30% | 0.61x | $345.34 Million |
| LS Electric (010120) | $926.95 Billion | 12.57% | 1.27x | $5.60 Billion |
About Elentec Co. Ltd
Elentec Co., Ltd. engages in the manufacture and sale of electronic and communication products in South Korea and internationally. It offers mobile products, such as battery pack, mobile case, and battery and wireless charger; home appliances, including TV case, PBA module, wire harness, gas sensor, auto rotating wall mount and stand; energy storage system, powertool battery pack, robot cleaner, … Read more