Frtek Co.Ltd (073540) - Net Assets
Based on the latest financial reports, Frtek Co.Ltd (073540) has net assets worth ₩60.53 Billion KRW (≈ $41.02 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 (₩70.54 Billion ≈ $47.80 Million USD) and total liabilities (₩10.01 Billion ≈ $6.78 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 073540 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩60.53 Billion |
| % of Total Assets | 85.81% |
| Annual Growth Rate | 3.59% |
| 5-Year Change | 112.86% |
| 10-Year Change | 41.58% |
| Growth Volatility | 21.11 |
Frtek Co.Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Frtek Co.Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Frtek Co.Ltd (073540) total market value.
Annual Net Assets for Frtek Co.Ltd (2014–2024)
The table below shows the annual net assets of Frtek Co.Ltd from 2014 to 2024. Also explore Frtek Co.Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩58.61 Billion ≈ $39.72 Million |
+0.85% |
| 2023-12-31 | ₩58.12 Billion ≈ $39.38 Million |
+3.55% |
| 2022-12-31 | ₩56.12 Billion ≈ $38.03 Million |
+27.05% |
| 2021-12-31 | ₩44.17 Billion ≈ $29.94 Million |
+60.44% |
| 2020-12-31 | ₩27.53 Billion ≈ $18.66 Million |
-11.93% |
| 2019-12-31 | ₩31.26 Billion ≈ $21.19 Million |
-5.16% |
| 2018-12-31 | ₩32.97 Billion ≈ $22.34 Million |
-4.41% |
| 2017-12-31 | ₩34.49 Billion ≈ $23.37 Million |
-7.48% |
| 2016-12-31 | ₩37.28 Billion ≈ $25.26 Million |
-9.95% |
| 2015-12-31 | ₩41.40 Billion ≈ $28.05 Million |
+0.55% |
| 2014-12-31 | ₩41.17 Billion ≈ $27.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Frtek 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 20.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩41.03 Billion | 70.00% |
| Common Stock | ₩5.70 Billion | 9.73% |
| Other Components | ₩11.88 Billion | 20.27% |
| Total Equity | ₩58.61 Billion | 100.00% |
Frtek Co.Ltd Competitors by Market Cap
The table below lists competitors of Frtek Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yulho Co. Ltd
KQ:072770
|
$19.06 Million |
|
Hanil Chemical Ind. Co. Ltd
KQ:007770
|
$19.08 Million |
|
American Pacific Mining Corp
F:1QC1
|
$19.08 Million |
|
London City Equities Ltd
AU:LCE
|
$19.09 Million |
|
RHYTHM Biosciences Ltd
AU:RHY
|
$19.03 Million |
|
Austem Company Ltd
KQ:031510
|
$19.03 Million |
|
Javelin Minerals Ltd
AU:JAV
|
$19.01 Million |
|
Wolftank Group AG
VI:WOLF
|
$19.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frtek Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 58,116,139,950 to 58,608,109,980, a change of 491,970,030 (0.8%).
- Net income of 1,109,142,840 contributed positively to equity growth.
- Other factors decreased equity by 617,172,810.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.11 Billion | +1.89% |
| Other Changes | ₩-617.17 Million | -1.05% |
| Total Change | ₩- | 0.85% |
Book Value vs Market Value Analysis
This analysis compares Frtek 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: 0.50x
- 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 decreased from 0.78x to 0.50x 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 | ₩3269.93 | ₩2560.00 | x |
| 2017-12-31 | ₩3025.18 | ₩2560.00 | x |
| 2018-12-31 | ₩2891.74 | ₩2560.00 | x |
| 2019-12-31 | ₩2742.45 | ₩2560.00 | x |
| 2020-12-31 | ₩2415.19 | ₩2560.00 | x |
| 2021-12-31 | ₩3874.94 | ₩2560.00 | x |
| 2022-12-31 | ₩4923.10 | ₩2560.00 | x |
| 2023-12-31 | ₩5097.91 | ₩2560.00 | x |
| 2024-12-31 | ₩5141.06 | ₩2560.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frtek 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): 1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.73%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.21x
- Recent ROE (1.89%) is above the historical average (-1.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 6.44% | 8.21% | 0.62x | 1.26x | ₩-1.46 Billion |
| 2015 | 0.57% | 0.55% | 0.69x | 1.50x | ₩-3.90 Billion |
| 2016 | -11.07% | -18.82% | 0.41x | 1.42x | ₩-7.85 Billion |
| 2017 | -7.91% | -11.74% | 0.38x | 1.76x | ₩-6.18 Billion |
| 2018 | -4.85% | -6.49% | 0.44x | 1.71x | ₩-4.89 Billion |
| 2019 | -5.42% | -6.48% | 0.44x | 1.92x | ₩-4.82 Billion |
| 2020 | -14.19% | -16.05% | 0.42x | 2.11x | ₩-6.66 Billion |
| 2021 | 0.53% | 1.08% | 0.28x | 1.74x | ₩-4.18 Billion |
| 2022 | 14.38% | 43.28% | 0.17x | 2.01x | ₩2.46 Billion |
| 2023 | 3.44% | 8.06% | 0.32x | 1.35x | ₩-3.81 Billion |
| 2024 | 1.89% | 3.73% | 0.42x | 1.21x | ₩-4.75 Billion |
Industry Comparison
This section compares Frtek Co.Ltd's net assets metrics with peer companies in the Communications & Networking industry.
Industry Context
- Industry: Communications & Networking
- Average net assets among peers: $96,118,288,083
- Average return on equity (ROE) among peers: 1.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Frtek Co.Ltd (073540) | ₩60.53 Billion | 6.44% | 0.17x | $19.04 Million |
| Eyesvision Corp (031310) | $59.20 Billion | 0.00% | 0.63x | $9.83 Million |
| BG T&A Co (046310) | $39.68 Billion | 11.63% | 0.94x | $24.33 Million |
| SOLiD Inc (050890) | $52.83 Billion | 0.00% | 1.07x | $327.98 Million |
| System and Application Technologies Co. Ltd (060540) | $45.98 Billion | 4.09% | 0.38x | $25.87 Million |
| Homecast Co.Ltd (064240) | $114.02 Billion | 10.63% | 0.28x | $39.17 Million |
| CS Corporation (065770) | $38.98 Billion | -37.05% | 2.16x | $11.95 Million |
| ECSTELECOM Co. Ltd (067010) | $36.75 Billion | 12.65% | 0.38x | $11.35 Million |
| Innowireless Co. Ltd (073490) | $130.91 Billion | 10.28% | 0.42x | $130.17 Million |
| Ubiquoss Holdings Inc (078070) | $346.72 Billion | 4.04% | 0.13x | $92.34 Million |
About Frtek Co.Ltd
Frtek Co.Ltd. provides mobile communication systems, LED lighting products, and information communication construction products in South Korea. It offers wireless solutions, including DAS systems, ICS systems, RF repeaters, and DMB systems; LED solutions, such as system LEDs, indoor and outdoor lighting, industrial lighting, interior lighting products, and routers and sensors; and amplifier solut… Read more