TOP Engineering Co. Ltd (065130) - Net Assets
Based on the latest financial reports, TOP Engineering Co. Ltd (065130) has net assets worth ₩311.18 Billion KRW (≈ $210.88 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 (₩511.48 Billion ≈ $346.62 Million USD) and total liabilities (₩200.30 Billion ≈ $135.74 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 TOP Engineering Co. Ltd (065130) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩311.18 Billion |
| % of Total Assets | 60.84% |
| Annual Growth Rate | 3.45% |
| 5-Year Change | -7.31% |
| 10-Year Change | 33.49% |
| Growth Volatility | 7.89 |
TOP Engineering Co. Ltd - Net Assets Trend (2010–2024)
This chart illustrates how TOP Engineering Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore TOP Engineering Co. Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for TOP Engineering Co. Ltd (2010–2024)
The table below shows the annual net assets of TOP Engineering Co. Ltd from 2010 to 2024. For live valuation and market cap data, see 065130 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩192.72 Billion ≈ $130.60 Million |
-0.72% |
| 2023-12-31 | ₩194.11 Billion ≈ $131.54 Million |
+8.87% |
| 2022-12-31 | ₩178.29 Billion ≈ $120.82 Million |
-6.36% |
| 2021-12-31 | ₩190.39 Billion ≈ $129.03 Million |
-8.42% |
| 2020-12-31 | ₩207.91 Billion ≈ $140.90 Million |
-2.09% |
| 2019-12-31 | ₩212.34 Billion ≈ $143.90 Million |
+23.21% |
| 2018-12-31 | ₩172.35 Billion ≈ $116.80 Million |
+9.20% |
| 2017-12-31 | ₩157.83 Billion ≈ $106.96 Million |
+1.81% |
| 2016-12-31 | ₩155.03 Billion ≈ $105.06 Million |
+7.39% |
| 2015-12-31 | ₩144.36 Billion ≈ $97.83 Million |
+9.75% |
| 2014-12-31 | ₩131.54 Billion ≈ $89.14 Million |
+2.44% |
| 2013-12-31 | ₩128.41 Billion ≈ $87.02 Million |
+7.24% |
| 2012-12-31 | ₩119.74 Billion ≈ $81.15 Million |
-4.34% |
| 2011-12-31 | ₩125.17 Billion ≈ $84.83 Million |
+4.41% |
| 2010-12-31 | ₩119.89 Billion ≈ $81.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TOP Engineering 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 14410.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩144.66 Billion | 75.07% |
| Common Stock | ₩8.93 Billion | 4.63% |
| Other Components | ₩39.12 Billion | 20.30% |
| Total Equity | ₩192.72 Billion | 100.00% |
TOP Engineering Co. Ltd Competitors by Market Cap
The table below lists competitors of TOP Engineering Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WiseChip Semiconductor
TWO:5245
|
$33.15 Million |
|
TPC CONSOLIDATED LTD.
F:T7P
|
$33.15 Million |
|
Symphony Life Bhd
KLSE:1538
|
$33.15 Million |
|
Theradiag SA
PA:ALTHE
|
$33.15 Million |
|
Sekuro Plastik Ambalaj Sanayi AS
IS:SEKUR
|
$33.12 Million |
|
Dongil Metal Co. Ltd
KQ:109860
|
$33.10 Million |
|
Wijaya Karya Bangunan Gedung Tbk PT
JK:WEGE
|
$33.09 Million |
|
Zanaga Iron Ore Company Limited
F:6ZA
|
$33.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TOP Engineering Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 194,105,400,390 to 192,715,249,760, a change of -1,390,150,630 (-0.7%).
- Net loss of 1,252,779,800 reduced equity.
- Share repurchases of 3,171,342,230 reduced equity.
- Other factors increased equity by 3,033,971,400.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-1.25 Billion | -0.65% |
| Share Repurchases | ₩3.17 Billion | -1.65% |
| Other Changes | ₩3.03 Billion | +1.57% |
| Total Change | ₩- | -0.72% |
Book Value vs Market Value Analysis
This analysis compares TOP Engineering 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: 0.25x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩9908.25 | ₩3300.00 | x |
| 2017-12-31 | ₩10179.41 | ₩3300.00 | x |
| 2018-12-31 | ₩11115.68 | ₩3300.00 | x |
| 2019-12-31 | ₩13332.99 | ₩3300.00 | x |
| 2020-12-31 | ₩13163.09 | ₩3300.00 | x |
| 2021-12-31 | ₩12349.24 | ₩3300.00 | x |
| 2022-12-31 | ₩11955.17 | ₩3300.00 | x |
| 2023-12-31 | ₩12127.71 | ₩3300.00 | x |
| 2024-12-31 | ₩13002.42 | ₩3300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TOP Engineering 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): -0.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.15%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 3.09x
- Recent ROE (-0.65%) is below the historical average (3.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 5.65% | 4.74% | 0.67x | 1.78x | ₩-4.92 Billion |
| 2011 | 3.82% | 3.03% | 0.75x | 1.67x | ₩-7.53 Billion |
| 2012 | 2.91% | 5.31% | 0.33x | 1.68x | ₩-8.30 Billion |
| 2013 | 2.79% | 4.66% | 0.39x | 1.53x | ₩-9.16 Billion |
| 2014 | 2.08% | 2.61% | 0.54x | 1.47x | ₩-10.35 Billion |
| 2015 | 7.61% | 7.98% | 0.62x | 1.55x | ₩-3.45 Billion |
| 2016 | 6.73% | 6.48% | 0.72x | 1.43x | ₩-5.07 Billion |
| 2017 | 8.65% | 7.75% | 0.38x | 2.93x | ₩-2.14 Billion |
| 2018 | 9.73% | 1.83% | 1.65x | 3.23x | ₩-472.05 Million |
| 2019 | 17.00% | 2.76% | 2.19x | 2.81x | ₩14.86 Billion |
| 2020 | -1.94% | -0.34% | 1.92x | 2.98x | ₩-24.83 Billion |
| 2021 | -8.66% | -1.52% | 1.72x | 3.31x | ₩-35.52 Billion |
| 2022 | -7.61% | -1.45% | 1.83x | 2.88x | ₩-31.40 Billion |
| 2023 | 6.46% | 1.31% | 1.71x | 2.90x | ₩-6.86 Billion |
| 2024 | -0.65% | -0.15% | 1.37x | 3.09x | ₩-20.52 Billion |
Industry Comparison
This section compares TOP Engineering 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 |
|---|---|---|---|---|
| TOP Engineering Co. Ltd (065130) | ₩311.18 Billion | 5.65% | 0.64x | $33.15 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 TOP Engineering Co. Ltd
TOP Engineering Co., Ltd develops, manufactures, and sells LCD/OLED/LED, camera module, test, secondary battery, and roll to roll equipment in South Korea and internationally. The company offers LCD/OLED/LED equipment, such as LC and seal dispensers, glass cutting systems, array testers, direct bonding systems, dam and fill dispensers, and micro led non-contact EL inspection technology and equipm… Read more