Tokai Carbon Korea Co. Ltd
Tokai Carbon Korea Co., Ltd. produces and sells various parts and components for the semiconductor, light emitting diode (LED), and solar industries in South Korea. The company offers high purified graphite components for use in heaters, crucibles, Gr shields, rings, reflectors, wafer holders, etc.; and plates and other products for semiconductor manufacturing equipment. It also provides wafer su… Read more
Tokai Carbon Korea Co. Ltd (064760) - Net Assets
Latest net assets as of September 2025: ₩506.83 Billion KRW
Based on the latest financial reports, Tokai Carbon Korea Co. Ltd (064760) has net assets worth ₩506.83 Billion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩547.58 Billion) and total liabilities (₩40.75 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩506.83 Billion |
| % of Total Assets | 92.56% |
| Annual Growth Rate | 20.16% |
| 5-Year Change | 90.88% |
| 10-Year Change | 448.92% |
| Growth Volatility | 5.79 |
Tokai Carbon Korea Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Tokai Carbon Korea Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tokai Carbon Korea Co. Ltd (2014–2024)
The table below shows the annual net assets of Tokai Carbon Korea Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩516.25 Billion | +12.65% |
| 2023-12-31 | ₩458.27 Billion | +9.93% |
| 2022-12-31 | ₩416.87 Billion | +22.79% |
| 2021-12-31 | ₩339.51 Billion | +25.53% |
| 2020-12-31 | ₩270.46 Billion | +22.68% |
| 2019-12-31 | ₩220.46 Billion | +19.73% |
| 2018-12-31 | ₩184.14 Billion | +26.60% |
| 2017-12-31 | ₩145.45 Billion | +27.60% |
| 2016-12-31 | ₩113.99 Billion | +21.20% |
| 2015-12-31 | ₩94.05 Billion | +14.30% |
| 2014-12-31 | ₩82.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tokai Carbon Korea 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 618.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩504.15 Billion | 97.66% |
| Common Stock | ₩5.84 Billion | 1.13% |
| Other Components | ₩6.27 Billion | 1.21% |
| Total Equity | ₩516.25 Billion | 100.00% |
Tokai Carbon Korea Co. Ltd Competitors by Market Cap
The table below lists competitors of Tokai Carbon Korea Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Piesat Information Technology Co Ltd
SHG:688066
|
$761.77 Million |
|
Tibet Rhodiola Pharmaceutical Holding Co
SHG:600211
|
$761.85 Million |
|
Winner Medical Co Ltd
SHE:300888
|
$761.85 Million |
|
Henan Liliang Diamond Co. Ltd.
SHE:301071
|
$761.89 Million |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
$761.40 Million |
|
Helia Group Ltd
AU:HLI
|
$761.39 Million |
|
K. Wah International Holdings Limited
F:KW2
|
$761.33 Million |
|
Jiangsu Guoxin Corp Ltd
SHE:002608
|
$761.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tokai Carbon Korea Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 458,270,711,980 to 516,254,748,550, a change of 57,984,036,570 (12.7%).
- Net income of 71,994,036,570 contributed positively to equity growth.
- Other factors decreased equity by 14,010,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩71.99 Billion | +13.95% |
| Other Changes | ₩-14.01 Billion | -2.71% |
| Total Change | ₩- | 12.65% |
Book Value vs Market Value Analysis
This analysis compares Tokai Carbon Korea 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: 5.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 23.61x to 5.21x 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 | ₩9763.47 | ₩230500.00 | x |
| 2017-12-31 | ₩12458.32 | ₩230500.00 | x |
| 2018-12-31 | ₩15771.77 | ₩230500.00 | x |
| 2019-12-31 | ₩18882.91 | ₩230500.00 | x |
| 2020-12-31 | ₩23166.11 | ₩230500.00 | x |
| 2021-12-31 | ₩29080.30 | ₩230500.00 | x |
| 2022-12-31 | ₩35706.52 | ₩230500.00 | x |
| 2023-12-31 | ₩39252.31 | ₩230500.00 | x |
| 2024-12-31 | ₩44218.82 | ₩230500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tokai Carbon Korea 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): 13.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.11%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.09x
- Recent ROE (13.95%) is below the historical average (18.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.77% | 10.50% | 0.50x | 1.11x | ₩-3.48 Billion |
| 2015 | 14.00% | 21.26% | 0.60x | 1.10x | ₩3.76 Billion |
| 2016 | 19.95% | 25.42% | 0.68x | 1.15x | ₩11.34 Billion |
| 2017 | 25.64% | 28.62% | 0.77x | 1.16x | ₩22.75 Billion |
| 2018 | 25.45% | 27.48% | 0.80x | 1.16x | ₩28.44 Billion |
| 2019 | 21.24% | 27.33% | 0.68x | 1.14x | ₩24.78 Billion |
| 2020 | 22.37% | 26.52% | 0.74x | 1.14x | ₩33.47 Billion |
| 2021 | 24.12% | 30.24% | 0.69x | 1.15x | ₩47.94 Billion |
| 2022 | 22.56% | 29.43% | 0.67x | 1.15x | ₩52.37 Billion |
| 2023 | 13.36% | 27.02% | 0.46x | 1.08x | ₩15.42 Billion |
| 2024 | 13.95% | 26.11% | 0.49x | 1.09x | ₩20.37 Billion |
Industry Comparison
This section compares Tokai Carbon Korea Co. Ltd's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $87,749,391,027
- Average return on equity (ROE) among peers: 3.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tokai Carbon Korea Co. Ltd (064760) | ₩506.83 Billion | 5.77% | 0.08x | $761.70 Million |
| Fidelix Co. Ltd (032580) | $47.55 Billion | -4.64% | 0.19x | $8.98 Million |
| Cloud Air Co.Ltd (036170) | $123.98 Billion | 4.45% | 0.01x | $66.69 Million |
| UNISEM Co. Ltd (036200) | $199.44 Billion | 9.82% | 0.18x | $135.48 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $114.13 Billion | 6.75% | 1.70x | $1.42 Billion |
| Lumens Co. Ltd (038060) | $97.80 Billion | 4.10% | 0.50x | $20.25 Million |
| meerecompany Incorporated (049950) | $112.91 Billion | 10.59% | 0.18x | $52.60 Million |
| I&C Technology Co. Ltd (052860) | $44.51 Billion | -0.67% | 0.51x | $23.89 Million |
| KMH Hitech Co. Ltd (052900) | $6.44 Billion | 0.00% | 9.67x | $17.04 Million |
| 3S KOREA Co. Ltd (060310) | $42.99 Billion | 0.00% | 0.66x | $38.66 Million |