Homecast Co.Ltd (064240) - Net Assets
Based on the latest financial reports, Homecast Co.Ltd (064240) has net assets worth ₩82.51 Billion KRW (≈ $55.91 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 (₩88.43 Billion ≈ $59.93 Million USD) and total liabilities (₩5.93 Billion ≈ $4.02 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 Homecast Co.Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩82.51 Billion |
| % of Total Assets | 93.3% |
| Annual Growth Rate | 4.88% |
| 5-Year Change | 24.19% |
| 10-Year Change | -15.46% |
| Growth Volatility | 29.01 |
Homecast Co.Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Homecast Co.Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 064240 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Homecast Co.Ltd (2007–2024)
The table below shows the annual net assets of Homecast Co.Ltd from 2007 to 2024. For live valuation and market cap data, see 064240 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩84.61 Billion ≈ $57.34 Million |
-14.92% |
| 2023-12-31 | ₩99.44 Billion ≈ $67.39 Million |
+4.30% |
| 2022-12-31 | ₩95.35 Billion ≈ $64.61 Million |
-1.06% |
| 2021-12-31 | ₩96.37 Billion ≈ $65.31 Million |
+41.45% |
| 2020-12-31 | ₩68.13 Billion ≈ $46.17 Million |
-2.58% |
| 2019-12-31 | ₩69.93 Billion ≈ $47.39 Million |
-7.73% |
| 2018-12-31 | ₩75.79 Billion ≈ $51.36 Million |
-20.60% |
| 2017-12-31 | ₩95.46 Billion ≈ $64.69 Million |
-16.28% |
| 2016-12-31 | ₩114.02 Billion ≈ $77.27 Million |
+13.92% |
| 2015-12-31 | ₩100.08 Billion ≈ $67.82 Million |
+41.70% |
| 2014-12-31 | ₩70.63 Billion ≈ $47.86 Million |
+76.58% |
| 2013-12-31 | ₩40.00 Billion ≈ $27.11 Million |
-29.64% |
| 2012-12-31 | ₩56.85 Billion ≈ $38.52 Million |
-12.79% |
| 2011-12-31 | ₩65.18 Billion ≈ $44.17 Million |
+43.41% |
| 2008-12-31 | ₩45.45 Billion ≈ $30.80 Million |
+20.76% |
| 2007-12-31 | ₩37.64 Billion ≈ $25.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Homecast 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 decreased by 131.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₩17.77 Billion | 21.00% |
| Other Components | ₩66.94 Billion | 79.11% |
| Total Equity | ₩84.61 Billion | 100.00% |
Homecast Co.Ltd Competitors by Market Cap
The table below lists competitors of Homecast Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Starcore International Mines Ltd
TO:SAM
|
$47.45 Million |
|
AWC Berhad
KLSE:7579
|
$47.48 Million |
|
Yanaprima Hastapersada Tbk
JK:YPAS
|
$47.56 Million |
|
Spectral AI Inc.
NASDAQ:MDAI
|
$47.57 Million |
|
G5 Entertainment publ AB
ST:G5EN
|
$47.35 Million |
|
EQ Inc.
V:EQ
|
$47.32 Million |
|
Korea Ind
KO:002140
|
$47.32 Million |
|
Idex ASA
OL:IDEX
|
$47.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Homecast Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 83,423,739,430 to 84,610,623,470, a change of 1,186,884,040 (1.4%).
- Net income of 879,603,410 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩879.60 Million | +1.04% |
| Other Changes | ₩307.28 Million | +0.36% |
| Total Change | ₩- | 1.42% |
Book Value vs Market Value Analysis
This analysis compares Homecast 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: 0.89x
- 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 0.61x to 0.89x 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 | ₩3576.79 | ₩2190.00 | x |
| 2017-12-31 | ₩2994.65 | ₩2190.00 | x |
| 2018-12-31 | ₩2373.35 | ₩2190.00 | x |
| 2019-12-31 | ₩2135.33 | ₩2190.00 | x |
| 2020-12-31 | ₩2080.29 | ₩2190.00 | x |
| 2021-12-31 | ₩2777.67 | ₩2190.00 | x |
| 2022-12-31 | ₩2748.18 | ₩2190.00 | x |
| 2023-12-31 | ₩2427.88 | ₩2190.00 | x |
| 2024-12-31 | ₩2462.42 | ₩2190.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Homecast 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): 1.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.90%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.43x
- Recent ROE (1.04%) is above the historical average (0.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.16% | 0.06% | 1.66x | 1.66x | ₩-3.70 Billion |
| 2008 | 19.53% | 5.21% | 2.04x | 1.84x | ₩4.33 Billion |
| 2011 | 13.09% | 5.21% | 1.63x | 1.54x | ₩2.01 Billion |
| 2014 | 1.93% | 1.93% | 0.63x | 1.60x | ₩-5.77 Billion |
| 2015 | 7.82% | 8.06% | 0.79x | 1.23x | ₩-2.18 Billion |
| 2016 | 10.63% | 9.93% | 0.84x | 1.28x | ₩713.96 Million |
| 2017 | -17.93% | -41.82% | 0.37x | 1.15x | ₩-26.66 Billion |
| 2018 | -26.55% | -58.70% | 0.29x | 1.55x | ₩-27.70 Billion |
| 2019 | -14.44% | -19.12% | 0.55x | 1.38x | ₩-17.09 Billion |
| 2020 | -2.53% | -4.23% | 0.43x | 1.39x | ₩-8.54 Billion |
| 2021 | 23.78% | 134.27% | 0.16x | 1.08x | ₩13.28 Billion |
| 2022 | -0.76% | -0.99% | 0.75x | 1.02x | ₩-10.26 Billion |
| 2023 | -11.92% | -15.61% | 0.50x | 1.53x | ₩-18.29 Billion |
| 2024 | 1.04% | 0.90% | 0.81x | 1.43x | ₩-7.58 Billion |
Industry Comparison
This section compares Homecast Co.Ltd's net assets metrics with peer companies in the Communications & Networking industry.
Industry Context
- Industry: Communications & Networking
- Average net assets among peers: $74,778,713,736
- Average return on equity (ROE) among peers: 11.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Homecast Co.Ltd (064240) | ₩82.51 Billion | 0.16% | 0.07x | $47.40 Million |
| Eyesvision Corp (031310) | $127.73 Billion | 13.77% | 0.94x | $16.58 Million |
| BG T&A Co (046310) | $34.20 Billion | 8.46% | 1.18x | $34.14 Million |
| SOLiD Inc (050890) | $108.59 Billion | 8.36% | 1.48x | $600.83 Million |
| System and Application Technologies Co. Ltd (060540) | $54.53 Billion | 9.76% | 0.57x | $24.56 Million |
| CS Corporation (065770) | $42.69 Billion | 4.63% | 0.89x | $20.22 Million |
| ECSTELECOM Co. Ltd (067010) | $41.38 Billion | 6.50% | 0.28x | $10.85 Million |
| Innowireless Co. Ltd (073490) | $76.88 Billion | -5.83% | 0.17x | $213.97 Million |
| Frtek Co.Ltd (073540) | $31.26 Billion | -5.42% | 0.92x | $30.20 Million |
| Ubiquoss Holdings Inc (078070) | $155.74 Billion | 62.09% | 0.03x | $167.73 Million |
About Homecast Co.Ltd
Homecast Co.,Ltd. develops, manufactures, and sells digital set-top boxes in Korea and internationally. Its products cover various media transmissions, including cable, satellite, terrestrial, Android TV, IP, etc. The company was founded in 2000 and is headquartered in Seoul, South Korea.