APS Holdings Corporation (054620) - Net Assets
Based on the latest financial reports, APS Holdings Corporation (054620) has net assets worth ₩216.07 Billion KRW (≈ $146.43 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩362.59 Billion ≈ $245.72 Million USD) and total liabilities (₩146.52 Billion ≈ $99.29 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 APS Holdings Corporation (054620) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩216.07 Billion |
| % of Total Assets | 59.59% |
| Annual Growth Rate | 7.12% |
| 5-Year Change | 17.77% |
| 10-Year Change | 7.81% |
| Growth Volatility | 25.54 |
APS Holdings Corporation - Net Assets Trend (2011–2025)
This chart illustrates how APS Holdings Corporation's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see APS Holdings Corporation (054620) market capitalisation.
Annual Net Assets for APS Holdings Corporation (2011–2025)
The table below shows the annual net assets of APS Holdings Corporation from 2011 to 2025. Also explore how fast is APS Holdings Corporation growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩218.52 Billion ≈ $148.09 Million |
-3.19% |
| 2024-12-31 | ₩225.71 Billion ≈ $152.96 Million |
+0.47% |
| 2023-12-31 | ₩224.66 Billion ≈ $152.25 Million |
+13.59% |
| 2022-12-31 | ₩197.77 Billion ≈ $134.03 Million |
+6.59% |
| 2021-12-31 | ₩185.55 Billion ≈ $125.75 Million |
+11.84% |
| 2020-12-31 | ₩165.91 Billion ≈ $112.44 Million |
-22.74% |
| 2019-12-31 | ₩214.75 Billion ≈ $145.54 Million |
-8.13% |
| 2018-12-31 | ₩233.77 Billion ≈ $158.42 Million |
+28.59% |
| 2017-12-31 | ₩181.79 Billion ≈ $123.20 Million |
-10.31% |
| 2016-12-31 | ₩202.69 Billion ≈ $137.36 Million |
+90.39% |
| 2015-12-31 | ₩106.46 Billion ≈ $72.15 Million |
+6.65% |
| 2014-12-31 | ₩99.82 Billion ≈ $67.65 Million |
-1.89% |
| 2013-12-31 | ₩101.74 Billion ≈ $68.95 Million |
+16.29% |
| 2012-12-31 | ₩87.49 Billion ≈ $59.29 Million |
+4.90% |
| 2011-12-31 | ₩83.40 Billion ≈ $56.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to APS Holdings 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 70642242693000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩706.42 Billion | 358.49% |
| Total Equity | ₩197.05 Billion | 100.00% |
APS Holdings Corporation Competitors by Market Cap
The table below lists competitors of APS Holdings Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Premium Snacks Nordic AB
ST:SNX
|
$48.30 Million |
|
Pharmhouse Corp
NASDAQ:PHSE
|
$48.31 Million |
|
Zaigle Co. Ltd
KQ:234920
|
$48.31 Million |
|
Elin Electronics Limited
NSE:ELIN
|
$48.32 Million |
|
Direct Line Insurance Group plc
LSE:DLG
|
$48.28 Million |
|
Johnson Matthey PLC
LSE:JMAT
|
$48.27 Million |
|
Humpuss Intermoda Transportasi
JK:HITS
|
$48.27 Million |
|
UTime Limited
NASDAQ:FXHO
|
$48.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APS Holdings Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 200,078,102,820 to 197,054,328,030, a change of -3,023,774,790 (-1.5%).
- Net loss of 3,485,793,490 reduced equity.
- Share repurchases of 4,998,232,380 reduced equity.
- Other factors increased equity by 5,460,251,080.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.49 Billion | -1.77% |
| Share Repurchases | ₩5.00 Billion | -2.54% |
| Other Changes | ₩5.46 Billion | +2.77% |
| Total Change | ₩- | -1.51% |
Book Value vs Market Value Analysis
This analysis compares APS Holdings 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: 0.33x
- 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 increased from 0.20x to 0.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩18841.31 | ₩3815.00 | x |
| 2017-12-31 | ₩16912.39 | ₩3815.00 | x |
| 2018-12-31 | ₩12524.95 | ₩3815.00 | x |
| 2019-12-31 | ₩11675.31 | ₩3815.00 | x |
| 2020-12-31 | ₩9019.97 | ₩3815.00 | x |
| 2021-12-31 | ₩10087.69 | ₩3815.00 | x |
| 2022-12-31 | ₩10864.19 | ₩3815.00 | x |
| 2023-12-31 | ₩11682.92 | ₩3815.00 | x |
| 2024-12-31 | ₩11011.79 | ₩3815.00 | x |
| 2025-12-31 | ₩11699.81 | ₩3815.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APS Holdings 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): -1.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.11%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.91x
- Recent ROE (-1.77%) is below the historical average (28.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 13.81% | 4.98% | 0.81x | 3.42x | ₩3.09 Billion |
| 2012 | 13.31% | 5.24% | 1.06x | 2.40x | ₩2.84 Billion |
| 2013 | 15.16% | 5.95% | 1.39x | 1.83x | ₩5.15 Billion |
| 2014 | 1.31% | 0.73% | 0.81x | 2.20x | ₩-8.51 Billion |
| 2015 | 8.10% | 2.94% | 0.98x | 2.81x | ₩-2.03 Billion |
| 2016 | 12.90% | 107.76% | 0.04x | 2.79x | ₩5.88 Billion |
| 2017 | 368.21% | 831.88% | 0.35x | 1.27x | ₩651.19 Billion |
| 2018 | 0.52% | 4.29% | 0.10x | 1.21x | ₩-22.16 Billion |
| 2019 | -1.27% | -11.80% | 0.08x | 1.39x | ₩-24.21 Billion |
| 2020 | -28.25% | -184.93% | 0.09x | 1.66x | ₩-63.46 Billion |
| 2021 | 11.69% | 55.01% | 0.12x | 1.82x | ₩3.13 Billion |
| 2022 | 4.66% | 22.59% | 0.11x | 1.86x | ₩-10.55 Billion |
| 2023 | 6.09% | 31.15% | 0.11x | 1.74x | ₩-8.22 Billion |
| 2024 | -0.66% | -1.41% | 0.23x | 2.07x | ₩-21.33 Billion |
| 2025 | -1.77% | -4.11% | 0.22x | 1.91x | ₩-23.19 Billion |
Industry Comparison
This section compares APS Holdings Corporation's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $7,629,982,718,736
- Average return on equity (ROE) among peers: 2.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APS Holdings Corporation (054620) | ₩216.07 Billion | 13.81% | 0.68x | $48.29 Million |
| SK Hynix Inc (000660) | $73.92 Trillion | 26.77% | 0.62x | $816.51 Billion |
| DB HiTek Co Ltd (000990) | $409.11 Billion | 0.51% | 1.77x | $3.32 Billion |
| Kec Holdings (006200) | $330.83 Billion | 14.45% | 0.72x | $57.63 Million |
| Charm Engine (009310) | $69.75 Billion | -33.35% | 8.52x | $15.73 Million |
| Auk Corp (017900) | $78.53 Billion | 4.40% | 1.19x | $349.84 Million |
| SFA Semicon Co. Ltd (036540) | $250.17 Billion | 3.78% | 1.53x | $961.16 Million |
| Simmtech Holdings Co. Ltd (036710) | $129.28 Billion | 0.53% | 5.50x | $141.05 Million |
| Fine Semitech Corp (036810) | $242.32 Billion | -5.08% | 1.23x | $371.17 Million |
| Seoul Semiconductor Co. Ltd (046890) | $701.03 Billion | -0.72% | 0.80x | $376.36 Million |
| Kona I Co.Ltd (052400) | $173.10 Billion | 16.85% | 1.67x | $365.24 Million |
About APS Holdings Corporation
APS Inc., together with its subsidiaries, manufactures and sells semiconductor and LCD equipment in South Korea. It also manufactures control devices and equipment software. The company was formerly known as APS Holdings Corporation and changed its name to APS Inc. in April 2023. APS Inc. was founded in 1994 and is based in Hwaseong-si, South Korea.