Castec Korea Co Ltd (071850) - Net Assets
Based on the latest financial reports, Castec Korea Co Ltd (071850) has net assets worth ₩71.08 Billion KRW (≈ $48.17 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 (₩198.27 Billion ≈ $134.37 Million USD) and total liabilities (₩127.20 Billion ≈ $86.20 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 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩71.08 Billion |
| % of Total Assets | 35.85% |
| Annual Growth Rate | -2.04% |
| 5-Year Change | -21.67% |
| 10-Year Change | -24.39% |
| Growth Volatility | 10.48 |
Castec Korea Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Castec Korea Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 071850 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Castec Korea Co Ltd (2014–2024)
The table below shows the annual net assets of Castec Korea Co Ltd from 2014 to 2024. For live valuation and market cap data, see 071850 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 74.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩19.34 Billion | 24.35% |
| Common Stock | ₩12.26 Billion | 15.44% |
| Other Components | ₩47.82 Billion | 60.21% |
| Total Equity | ₩79.43 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 |
|---|---|
|
TURBOMECANICA S.A.
RO:TBM
|
$24.69 Million |
|
Indo Acidatama Tbk
JK:SRSN
|
$24.69 Million |
|
Aquarius Engines AM Ltd
TA:AQUA
|
$24.70 Million |
|
Bambuser AB
ST:BUSER
|
$24.70 Million |
|
Wanted Lab Inc.
KQ:376980
|
$24.64 Million |
|
FIGENE CAPITAL SA ZY 1
F:20X
|
$24.64 Million |
|
ARENA.PL S.A. ZY -50
F:8G6
|
$24.60 Million |
|
MetaLabs Co Ltd
KO:090370
|
$24.59 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 2023 to 2024, total equity changed from 73,938,727,000 to 79,429,451,200, a change of 5,490,724,200 (7.4%).
- Net loss of 9,413,953,870 reduced equity.
- Share repurchases of 8,712,305,290 reduced equity.
- New share issuances of 8,712,305,290 increased equity.
- Other factors increased equity by 14,904,678,070.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-9.41 Billion | -11.85% |
| Share Repurchases | ₩8.71 Billion | -10.97% |
| Share Issuances | ₩8.71 Billion | +10.97% |
| Other Changes | ₩14.90 Billion | +18.76% |
| Total Change | ₩- | 7.43% |
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: 0.46x
- 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 0.46x 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 | ₩1500.00 | x |
| 2017-12-31 | ₩8850.72 | ₩1500.00 | x |
| 2018-12-31 | ₩7721.98 | ₩1500.00 | x |
| 2019-12-31 | ₩7466.95 | ₩1500.00 | x |
| 2020-12-31 | ₩6220.81 | ₩1500.00 | x |
| 2021-12-31 | ₩5844.59 | ₩1500.00 | x |
| 2022-12-31 | ₩5541.71 | ₩1500.00 | x |
| 2023-12-31 | ₩4535.86 | ₩1500.00 | x |
| 2024-12-31 | ₩3273.96 | ₩1500.00 | 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): -11.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.94%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 2.65x
- Recent ROE (-11.85%) is below the historical average (-4.71%), 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 |
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: $484,830,519,499
- Average return on equity (ROE) among peers: -23.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Castec Korea Co Ltd (071850) | ₩71.08 Billion | 7.83% | 1.79x | $24.66 Million |
| Hankook Tire Worldwide (000240) | $1.56 Trillion | 10.58% | 1.11x | $1.62 Billion |
| Daewonkangup (000430) | $486.18 Billion | 6.48% | 1.40x | $183.19 Million |
| SG Choongbang Co Ltd (001380) | $124.57 Billion | -1.20% | 0.62x | $33.46 Million |
| Tae Won Mulsan (001420) | $32.46 Billion | 4.41% | 0.38x | $15.08 Million |
| Dongkook Ind (001620) | $180.71 Billion | 11.80% | 1.69x | $48.42 Million |
| PS Tec. Co. Ltd (002230) | $143.25 Billion | -0.22% | 0.15x | $116.75 Million |
| Nexen Tire (002350) | $565.04 Billion | 14.52% | 2.37x | $478.99 Million |
| Nexen Tire Prf 1 (002355) | $1.55 Trillion | -1.09% | 1.29x | $19.16 Million |
| Dayou A-Tech (002880) | $36.80 Billion | -279.17% | 8.13x | $30.87 Million |
| Yoo Sung Ent (002920) | $170.85 Billion | 3.47% | 0.31x | $32.92 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