Display Tech Co. Ltd
Display Tech Co., Ltd. develops, manufactures, and sells LCD modules worldwide. It offers mobile devices, MP3, PMP, MID, GPS, notebooks, and laptop computer display solutions. The company's products include TN/CSTN/TFT LCD modules and TFT panel back-end products. It also supplies 3D shutter glasses. Display Tech Co., Ltd. was founded in 1998 and is based in Anseong, South Korea.
Display Tech Co. Ltd (066670) - Net Assets
Latest net assets as of September 2025: ₩248.98 Billion KRW
Based on the latest financial reports, Display Tech Co. Ltd (066670) has net assets worth ₩248.98 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 (₩300.15 Billion) and total liabilities (₩51.17 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 | ₩248.98 Billion |
| % of Total Assets | 82.95% |
| Annual Growth Rate | 2.24% |
| 5-Year Change | 7.05% |
| 10-Year Change | 13.96% |
| Growth Volatility | 2.6 |
Display Tech Co. Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Display Tech 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 Display Tech Co. Ltd (2014–2024)
The table below shows the annual net assets of Display Tech Co. Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩162.15 Billion | +0.86% |
| 2023-12-31 | ₩160.77 Billion | +1.55% |
| 2022-12-31 | ₩158.32 Billion | +3.65% |
| 2021-12-31 | ₩152.75 Billion | +0.84% |
| 2020-12-31 | ₩151.47 Billion | +1.22% |
| 2019-12-31 | ₩149.65 Billion | +0.40% |
| 2018-12-31 | ₩149.05 Billion | +0.46% |
| 2017-12-31 | ₩148.36 Billion | +2.70% |
| 2016-12-31 | ₩144.46 Billion | +1.53% |
| 2015-12-31 | ₩142.29 Billion | +9.53% |
| 2014-12-31 | ₩129.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Display Tech 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 34.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩154.93 Billion | 95.55% |
| Common Stock | ₩9.35 Billion | 5.76% |
| Total Equity | ₩162.15 Billion | 100.00% |
Display Tech Co. Ltd Competitors by Market Cap
The table below lists competitors of Display Tech Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Firm Capital Apartment Real Estate Investment Trust
PINK:FCAFF
|
$17.07 Million |
|
Phosco Ltd
AU:PHO
|
$17.08 Million |
|
Rigolleau SA
BA:RIGO
|
$17.09 Million |
|
Ecocab Co. Ltd
KQ:128540
|
$17.09 Million |
|
LB Lusem Co. Ltd.
KQ:376190
|
$17.07 Million |
|
Sangsin Brake
KO:041650
|
$17.06 Million |
|
NTF Intergroup (Thailand) Public Company Limited
BK:NTF
|
$17.05 Million |
|
Zhong An Group Limited
F:35Z
|
$17.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Display Tech Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 160,769,044,470 to 162,151,584,220, a change of 1,382,539,750 (0.9%).
- Net income of 2,168,541,380 contributed positively to equity growth.
- Dividend payments of 784,881,700 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩2.17 Billion | +1.34% |
| Dividends Paid | ₩784.88 Million | -0.48% |
| Other Changes | ₩-1.12 Million | -0.0% |
| Total Change | ₩- | 0.86% |
Book Value vs Market Value Analysis
This analysis compares Display Tech 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: 0.26x
- 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 | ₩8211.95 | ₩2690.00 | x |
| 2017-12-31 | ₩8433.68 | ₩2690.00 | x |
| 2018-12-31 | ₩8472.71 | ₩2690.00 | x |
| 2019-12-31 | ₩8881.13 | ₩2690.00 | x |
| 2020-12-31 | ₩9053.14 | ₩2690.00 | x |
| 2021-12-31 | ₩9730.55 | ₩2690.00 | x |
| 2022-12-31 | ₩10085.74 | ₩2690.00 | x |
| 2023-12-31 | ₩10241.61 | ₩2690.00 | x |
| 2024-12-31 | ₩10329.69 | ₩2690.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Display Tech 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): 1.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.25%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.04x
- Recent ROE (1.34%) is below the historical average (4.38%), 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 | 12.09% | 3.65% | 1.61x | 2.05x | ₩2.71 Billion |
| 2015 | 10.54% | 4.72% | 1.60x | 1.39x | ₩770.44 Million |
| 2016 | 2.75% | 4.45% | 0.49x | 1.25x | ₩-10.47 Billion |
| 2017 | 3.18% | 5.70% | 0.50x | 1.12x | ₩-10.13 Billion |
| 2018 | 2.01% | 5.23% | 0.33x | 1.16x | ₩-11.91 Billion |
| 2019 | 3.60% | 12.38% | 0.26x | 1.12x | ₩-9.57 Billion |
| 2020 | 2.53% | 9.20% | 0.25x | 1.12x | ₩-11.31 Billion |
| 2021 | 3.57% | 4.01% | 0.68x | 1.30x | ₩-9.83 Billion |
| 2022 | 4.32% | 9.89% | 0.40x | 1.10x | ₩-9.00 Billion |
| 2023 | 2.27% | 10.54% | 0.21x | 1.03x | ₩-12.42 Billion |
| 2024 | 1.34% | 18.25% | 0.07x | 1.04x | ₩-14.05 Billion |
Industry Comparison
This section compares Display Tech Co. Ltd's net assets metrics with peer companies in the Electronic Equipment & Parts industry.
Industry Context
- Industry: Electronic Equipment & Parts
- Average net assets among peers: $81,828,345,122
- Average return on equity (ROE) among peers: -9.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Display Tech Co. Ltd (066670) | ₩248.98 Billion | 12.09% | 0.21x | $17.07 Million |
| SANGBO Corp (027580) | $29.45 Billion | -35.18% | 2.55x | $19.25 Million |
| Inzi Display Co.Ltd (037330) | $162.56 Billion | 1.55% | 0.59x | $19.38 Million |
| BioSmart Co.Ltd (038460) | $58.82 Billion | 5.35% | 0.27x | $46.07 Million |
| e-LITECOM CO. Ltd (041520) | $38.24 Billion | 17.41% | 1.56x | $35.12 Million |
| CoAsia Corporation (045970) | $100.09 Billion | 0.00% | 1.72x | $59.77 Million |
| Powerlogics Co. Ltd (047310) | $212.21 Billion | -3.86% | 1.12x | $121.60 Million |
| Phoenix Materials Co. Ltd (050090) | $27.29 Billion | -7.19% | 0.62x | $8.87 Million |
| CammSys Corp (050110) | $75.36 Billion | 10.73% | 0.88x | $23.68 Million |
| STCube Inc (052020) | $19.12 Billion | -86.05% | 0.38x | $442.98 Million |
| Amotech Co. Ltd (052710) | $95.14 Billion | 1.97% | 1.04x | $55.48 Million |