Castec Korea Co Ltd (071850) - Net Assets
Based on the latest financial reports, Castec Korea Co Ltd (071850) has net assets worth ₩60.20 Billion KRW (≈ $40.80 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩206.12 Billion ≈ $139.69 Million USD) and total liabilities (₩145.93 Billion ≈ $98.89 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 071850 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩60.20 Billion |
| % of Total Assets | 29.21% |
| Annual Growth Rate | -5.02% |
| 5-Year Change | -41.87% |
| 10-Year Change | -49.23% |
| Growth Volatility | 12.97 |
Castec Korea Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Castec Korea Co Ltd's net assets have evolved over time, based on quarterly financial data. See Castec Korea Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Castec Korea Co Ltd (2014–2025)
The table below shows the annual net assets of Castec Korea Co Ltd from 2014 to 2025. For live valuation and market cap data, see 071850 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩55.38 Billion ≈ $37.53 Million |
-30.27% |
| 2024-12-31 | ₩79.43 Billion ≈ $53.83 Million |
+7.43% |
| 2023-12-31 | ₩73.94 Billion ≈ $50.11 Million |
-18.15% |
| 2022-12-31 | ₩90.34 Billion ≈ $61.22 Million |
-5.18% |
| 2021-12-31 | ₩95.27 Billion ≈ $64.56 Million |
-6.05% |
| 2020-12-31 | ₩101.41 Billion ≈ $68.72 Million |
-16.69% |
| 2019-12-31 | ₩121.72 Billion ≈ $82.49 Million |
-3.30% |
| 2018-12-31 | ₩125.88 Billion ≈ $85.30 Million |
+17.49% |
| 2017-12-31 | ₩107.14 Billion ≈ $72.60 Million |
-1.79% |
| 2016-12-31 | ₩109.09 Billion ≈ $73.93 Million |
+3.85% |
| 2015-12-31 | ₩105.04 Billion ≈ $71.19 Million |
+7.62% |
| 2014-12-31 | ₩97.61 Billion ≈ $66.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Castec 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 decreased by 102.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ₩57.30 Billion | 103.46% |
| Total Equity | ₩55.38 Billion | 100.00% |
Castec Korea Co Ltd Competitors by Market Cap
The table below lists competitors of Castec Korea Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aquarius Engines AM Ltd
TA:AQUA
|
$24.70 Million |
|
Cogra 48 Société Anonyme
PA:ALCOG
|
$24.73 Million |
|
Advance Metals Ltd
AU:AVM
|
$24.73 Million |
|
Global Vectra Helicorp Limited
NSE:GLOBALVECT
|
$24.73 Million |
|
Vikas EcoTech Limited
NSE:VIKASECO
|
$24.67 Million |
|
Tvardi Therapeutics, Inc.
NASDAQ:TVRD
|
$24.67 Million |
|
Nureca Limited
NSE:NURECA
|
$24.65 Million |
|
Jeongsan Aikang Co.Ltd
KQ:022220
|
$24.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Castec Korea Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 79,429,451,200 to 55,383,790,000, a change of -24,045,661,200 (-30.3%).
- Net loss of 21,320,914,890 reduced equity.
- Other factors decreased equity by 2,724,746,310.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-21.32 Billion | -38.5% |
| Other Changes | ₩-2.72 Billion | -4.92% |
| Total Change | ₩- | -30.27% |
Book Value vs Market Value Analysis
This analysis compares Castec 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: 0.66x
- 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 0.17x to 0.66x 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 | ₩9012.06 | ₩1502.00 | x |
| 2017-12-31 | ₩8850.72 | ₩1502.00 | x |
| 2018-12-31 | ₩7721.98 | ₩1502.00 | x |
| 2019-12-31 | ₩7466.95 | ₩1502.00 | x |
| 2020-12-31 | ₩6220.81 | ₩1502.00 | x |
| 2021-12-31 | ₩5844.59 | ₩1502.00 | x |
| 2022-12-31 | ₩5541.71 | ₩1502.00 | x |
| 2023-12-31 | ₩4535.86 | ₩1502.00 | x |
| 2024-12-31 | ₩3273.96 | ₩1502.00 | x |
| 2025-12-31 | ₩2282.84 | ₩1502.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Castec 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): -38.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.73%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 3.32x
- Recent ROE (-38.50%) is below the historical average (-7.52%), 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 | 7.83% | 3.76% | 0.97x | 2.14x | ₩-2.11 Billion |
| 2015 | 9.36% | 4.51% | 0.95x | 2.19x | ₩-668.63 Million |
| 2016 | 6.81% | 3.28% | 0.93x | 2.23x | ₩-3.48 Billion |
| 2017 | 2.70% | 1.38% | 0.80x | 2.44x | ₩-7.82 Billion |
| 2018 | 0.85% | 0.51% | 0.72x | 2.31x | ₩-11.52 Billion |
| 2019 | -4.71% | -3.02% | 0.65x | 2.41x | ₩-17.90 Billion |
| 2020 | -18.09% | -13.33% | 0.55x | 2.48x | ₩-28.49 Billion |
| 2021 | -16.09% | -10.85% | 0.56x | 2.64x | ₩-24.85 Billion |
| 2022 | -6.84% | -3.40% | 0.71x | 2.85x | ₩-15.21 Billion |
| 2023 | -21.78% | -9.31% | 0.76x | 3.07x | ₩-23.50 Billion |
| 2024 | -11.85% | -5.94% | 0.75x | 2.65x | ₩-17.36 Billion |
| 2025 | -38.50% | -13.73% | 0.85x | 3.32x | ₩-26.86 Billion |
Industry Comparison
This section compares Castec Korea Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $652,001,277,004
- Average return on equity (ROE) among peers: 7.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Castec Korea Co Ltd (071850) | ₩60.20 Billion | 7.83% | 2.42x | $24.69 Million |
| Hankook Tire Worldwide (000240) | $3.00 Trillion | 5.66% | 0.09x | $1.58 Billion |
| Daewonkangup (000430) | $490.61 Billion | 2.53% | 1.34x | $194.75 Million |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $44.95 Million |
| Tae Won Mulsan (001420) | $31.38 Billion | 2.60% | 0.35x | $11.85 Million |
| Dongkook Ind (001620) | $268.05 Billion | 11.77% | 2.22x | $182.52 Million |
| PS Tec. Co. Ltd (002230) | $101.46 Billion | 24.27% | 0.32x | $61.14 Million |
| Nexen Tire (002350) | $1.20 Trillion | 14.45% | 1.18x | $464.65 Million |
| Nexen Tire Prf 1 (002355) | $933.36 Billion | 13.77% | 1.71x | $17.93 Million |
| Dayou A-Tech (002880) | $203.50 Billion | 0.00% | 3.17x | $26.24 Million |
| Yoo Sung Ent (002920) | $168.22 Billion | 0.00% | 0.38x | $31.08 Million |
About Castec Korea Co Ltd
Castec Korea Co.,Ltd engages in the manufacture and sale of automobile components in South Korea. The company offers turbocharger parts, including center and turbine housing products; and other automobile products, such as calipers, carriers, shaft balances, diff carriers, HUBs, knuckles, rotors, and tensioners. It also provides hydraulic parts, such as spindle, hub, cover, carriers, cylinder blo… Read more