Victek Co. Ltd
Victek Co., Ltd. provides electronic warfare systems, direction finding devices, power supply devices, identification devices for defense applications in South Korea. The company offers public bicycle sharing system. It also provides amplifier, signal processing and control, electrical facility/information, and communication devices. Victek Co., Ltd. was founded in 1990 and is headquartered in Ic… Read more
Victek Co. Ltd (065450) - Net Assets
Latest net assets as of September 2025: ₩58.41 Billion KRW
Based on the latest financial reports, Victek Co. Ltd (065450) has net assets worth ₩58.41 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 (₩127.38 Billion) and total liabilities (₩68.97 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 | ₩58.41 Billion |
| % of Total Assets | 45.85% |
| Annual Growth Rate | 6.19% |
| 5-Year Change | 11.46% |
| 10-Year Change | 77.09% |
| Growth Volatility | 9.91 |
Victek Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Victek 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 Victek Co. Ltd (2014–2024)
The table below shows the annual net assets of Victek Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩58.25 Billion | +4.79% |
| 2023-12-31 | ₩55.59 Billion | -8.94% |
| 2022-12-31 | ₩61.04 Billion | +4.72% |
| 2021-12-31 | ₩58.29 Billion | +11.55% |
| 2020-12-31 | ₩52.26 Billion | +30.35% |
| 2019-12-31 | ₩40.09 Billion | +12.18% |
| 2018-12-31 | ₩35.74 Billion | +4.73% |
| 2017-12-31 | ₩34.12 Billion | -3.21% |
| 2016-12-31 | ₩35.25 Billion | +7.17% |
| 2015-12-31 | ₩32.89 Billion | +2.92% |
| 2014-12-31 | ₩31.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Victek 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 36.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩23.35 Billion | 40.09% |
| Common Stock | ₩5.73 Billion | 9.84% |
| Other Components | ₩29.16 Billion | 50.07% |
| Total Equity | ₩58.25 Billion | 100.00% |
Victek Co. Ltd Competitors by Market Cap
The table below lists competitors of Victek Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyloris Pharmaceuticals S.A.
LSE:0AB6
|
$71.96 Million |
|
Major Cineplex Group Public Company Limited
F:MJG1
|
$72.00 Million |
|
Ucore Rare Metals Inc
OTCQX:UURAF
|
$72.00 Million |
|
Leo Systems
TWO:5410
|
$72.05 Million |
|
Gipta Ofis Kirtasiye ve Promosyon Ãrünleri Imalat Sanayi A.S.
IS:GIPTA
|
$71.91 Million |
|
Somany Ceramics Limited
NSE:SOMANYCERA
|
$71.89 Million |
|
Formet Celik Kapi Sanayi ve Ticaret AS
IS:FORMT
|
$71.84 Million |
|
SHIMAO SERV.HLDGS HD-01
F:5GO
|
$71.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Victek Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,585,148,110 to 58,249,544,420, a change of 2,664,396,310 (4.8%).
- Net income of 3,819,352,510 contributed positively to equity growth.
- Other factors decreased equity by 1,154,956,200.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.82 Billion | +6.56% |
| Other Changes | ₩-1.15 Billion | -1.98% |
| Total Change | ₩- | 4.79% |
Book Value vs Market Value Analysis
This analysis compares Victek 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: 2.46x
- 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 3.47x to 2.46x 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 | ₩1438.90 | ₩5000.00 | x |
| 2017-12-31 | ₩1392.74 | ₩5000.00 | x |
| 2018-12-31 | ₩1489.06 | ₩5000.00 | x |
| 2019-12-31 | ₩1549.72 | ₩5000.00 | x |
| 2020-12-31 | ₩1836.96 | ₩5000.00 | x |
| 2021-12-31 | ₩2034.45 | ₩5000.00 | x |
| 2022-12-31 | ₩2130.46 | ₩5000.00 | x |
| 2023-12-31 | ₩1939.96 | ₩5000.00 | x |
| 2024-12-31 | ₩2032.94 | ₩5000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Victek 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): 6.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.34%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.84x
- Recent ROE (6.56%) is above the historical average (2.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.63% | 5.22% | 0.68x | 1.59x | ₩-1.40 Billion |
| 2015 | 4.42% | 3.58% | 0.69x | 1.79x | ₩-1.83 Billion |
| 2016 | -2.33% | -2.14% | 0.62x | 1.75x | ₩-4.35 Billion |
| 2017 | -3.18% | -2.66% | 0.66x | 1.81x | ₩-4.50 Billion |
| 2018 | 2.38% | 1.74% | 0.74x | 1.86x | ₩-2.72 Billion |
| 2019 | 4.94% | 4.04% | 0.52x | 2.34x | ₩-2.03 Billion |
| 2020 | 5.64% | 4.38% | 0.60x | 2.16x | ₩-2.28 Billion |
| 2021 | 9.03% | 5.14% | 1.10x | 1.59x | ₩-564.76 Million |
| 2022 | -0.38% | -0.31% | 0.77x | 1.58x | ₩-6.34 Billion |
| 2023 | -7.54% | -7.63% | 0.57x | 1.74x | ₩-9.75 Billion |
| 2024 | 6.56% | 5.34% | 0.67x | 1.84x | ₩-2.01 Billion |
Industry Comparison
This section compares Victek Co. Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $75,720,401,113
- Average return on equity (ROE) among peers: -13.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Victek Co. Ltd (065450) | ₩58.41 Billion | 5.63% | 1.18x | $71.93 Million |
| Oriental Precision & Engineering Co.Ltd (014940) | $110.13 Billion | 23.66% | 0.96x | $122.46 Million |
| MEDICOX Co. Ltd (054180) | $62.24 Billion | -55.32% | 0.55x | $442.04K |
| SAMYUNG ENC Co. Ltd (065570) | $37.05 Billion | -112.73% | 1.16x | $3.25 Million |
| AeroSpace Technology of Korea (067390) | $57.81 Billion | 4.32% | 1.33x | $87.13 Million |
| Satrec Initiative Co. Ltd (099320) | $58.01 Billion | 8.01% | 0.34x | $421.09 Million |
| Inhwa Precision Co. Ltd (101930) | $189.62 Billion | 8.05% | 0.92x | $156.96 Million |
| Hizeaero Co. Ltd (221840) | $76.47 Billion | 4.80% | 0.80x | $20.27 Million |
| Kencoa Aerospace Corporation (274090) | $33.68 Billion | -22.46% | 1.21x | $138.76 Million |
| ASTech Co., Ltd. (453860) | $56.47 Billion | 16.80% | 0.58x | $17.73 Million |