Tplex Co. Ltd (081150) - Net Assets
Based on the latest financial reports, Tplex Co. Ltd (081150) has net assets worth ₩155.14 Billion KRW (≈ $105.14 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 (₩232.18 Billion ≈ $157.35 Million USD) and total liabilities (₩77.04 Billion ≈ $52.21 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 081150 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩155.14 Billion |
| % of Total Assets | 66.82% |
| Annual Growth Rate | 9.69% |
| 5-Year Change | 56.33% |
| 10-Year Change | 130.92% |
| Growth Volatility | 11.84 |
Tplex Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Tplex Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 081150 total assets for the complete picture of this company's asset base.
Annual Net Assets for Tplex Co. Ltd (2011–2024)
The table below shows the annual net assets of Tplex Co. Ltd from 2011 to 2024. For live valuation and market cap data, see how much is Tplex Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩158.44 Billion ≈ $107.37 Million |
+0.48% |
| 2023-12-31 | ₩157.69 Billion ≈ $106.86 Million |
-0.76% |
| 2022-12-31 | ₩158.89 Billion ≈ $107.68 Million |
+9.67% |
| 2021-12-31 | ₩144.89 Billion ≈ $98.19 Million |
+42.96% |
| 2020-12-31 | ₩101.35 Billion ≈ $68.68 Million |
+3.37% |
| 2019-12-31 | ₩98.04 Billion ≈ $66.44 Million |
+17.03% |
| 2018-12-31 | ₩83.78 Billion ≈ $56.77 Million |
+1.97% |
| 2017-12-31 | ₩82.15 Billion ≈ $55.67 Million |
+8.48% |
| 2016-12-31 | ₩75.73 Billion ≈ $51.32 Million |
+10.38% |
| 2015-12-31 | ₩68.61 Billion ≈ $46.50 Million |
+25.11% |
| 2014-12-31 | ₩54.84 Billion ≈ $37.17 Million |
+1.95% |
| 2013-12-31 | ₩53.79 Billion ≈ $36.46 Million |
+1.37% |
| 2012-12-31 | ₩53.07 Billion ≈ $35.96 Million |
+11.52% |
| 2011-12-31 | ₩47.59 Billion ≈ $32.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tplex 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 7144199958000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩71.44 Billion | 45.09% |
| Common Stock | ₩12.13 Billion | 7.66% |
| Other Components | ₩74.86 Billion | 47.25% |
| Total Equity | ₩158.44 Billion | 100.00% |
Tplex Co. Ltd Competitors by Market Cap
The table below lists competitors of Tplex Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bound and Beyond PCL
BK:BEYOND-R
|
$60.12 Million |
|
Wp Energy Public Company Limited
BK:WP
|
$60.15 Million |
|
Panache Digilife Limited
NSE:PANACHE
|
$60.15 Million |
|
SYLA Technologies Co., Ltd. American Depositary Shares
NASDAQ:SYT
|
$60.16 Million |
|
Chien Shing Stainless Steel Co Ltd
TW:2025
|
$60.11 Million |
|
SGC eTEC E&C Co. Ltd
KQ:016250
|
$60.11 Million |
|
LiveOne Inc
NASDAQ:LVO
|
$60.09 Million |
|
Nanexa AB
ST:NANEXA
|
$60.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tplex Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,685,266,830 to 158,437,482,530, a change of 752,215,700 (0.5%).
- Net income of 1,361,488,810 contributed positively to equity growth.
- Dividend payments of 485,368,040 reduced retained earnings.
- Share repurchases of 123,905,070 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩1.36 Billion | +0.86% |
| Dividends Paid | ₩485.37 Million | -0.31% |
| Share Repurchases | ₩123.91 Million | -0.08% |
| Total Change | ₩- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Tplex 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: 0.56x
- 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 1.04x to 0.56x 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 | ₩3523.73 | ₩3655.00 | x |
| 2017-12-31 | ₩3385.23 | ₩3655.00 | x |
| 2018-12-31 | ₩3452.03 | ₩3655.00 | x |
| 2019-12-31 | ₩4039.94 | ₩3655.00 | x |
| 2020-12-31 | ₩4176.27 | ₩3655.00 | x |
| 2021-12-31 | ₩5970.25 | ₩3655.00 | x |
| 2022-12-31 | ₩6547.31 | ₩3655.00 | x |
| 2023-12-31 | ₩6497.56 | ₩3655.00 | x |
| 2024-12-31 | ₩6539.53 | ₩3655.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tplex 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): 0.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.66%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.45x
- Recent ROE (0.86%) is below the historical average (3.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.77% | 2.05% | 0.90x | 2.59x | ₩-2.73 Billion |
| 2013 | 1.10% | 0.53% | 0.77x | 2.70x | ₩-4.71 Billion |
| 2014 | 2.58% | 1.35% | 0.89x | 2.16x | ₩-3.98 Billion |
| 2015 | 1.63% | 1.18% | 0.75x | 1.84x | ₩-5.66 Billion |
| 2016 | 1.81% | 1.36% | 0.78x | 1.71x | ₩-6.21 Billion |
| 2017 | 3.48% | 2.43% | 0.87x | 1.64x | ₩-5.36 Billion |
| 2018 | 2.51% | 1.73% | 0.91x | 1.59x | ₩-6.27 Billion |
| 2019 | 2.26% | 1.69% | 0.86x | 1.55x | ₩-7.58 Billion |
| 2020 | 3.74% | 2.86% | 0.89x | 1.47x | ₩-6.34 Billion |
| 2021 | 7.20% | 5.50% | 0.91x | 1.44x | ₩-4.06 Billion |
| 2022 | 9.85% | 6.07% | 1.08x | 1.50x | ₩-241.08 Million |
| 2023 | -1.42% | -0.89% | 1.07x | 1.49x | ₩-18.00 Billion |
| 2024 | 0.86% | 0.66% | 0.90x | 1.45x | ₩-14.48 Billion |
Industry Comparison
This section compares Tplex Co. Ltd's net assets metrics with peer companies in the Metals & Mining industry.
Industry Context
- Industry: Metals & Mining
- Average net assets among peers: $79,616,429,918
- Average return on equity (ROE) among peers: -0.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tplex Co. Ltd (081150) | ₩155.14 Billion | 4.77% | 0.50x | $60.11 Million |
| POSCO M-TECH Co. Ltd (009520) | $96.40 Billion | 9.76% | 0.35x | $562.16 Million |
| Dongil Steel Co. Ltd (023790) | $51.25 Billion | -26.29% | 1.83x | $5.36 Million |
| Gyeongnam Steel Co. Ltd (039240) | $92.71 Billion | 6.61% | 0.75x | $50.06 Million |
| Daedong Steel Co. Ltd (048470) | $61.67 Billion | 0.08% | 0.19x | $24.37 Million |
| Dongyang S.Tec Co.Ltd (060380) | $113.88 Billion | 1.72% | 0.58x | $10.94 Million |
| Hanchang Ind.Co.Ltd (079170) | $61.79 Billion | 2.52% | 0.38x | $23.86 Million |
About Tplex Co. Ltd
Tplex Co., Ltd. operates as a stainless steel processing company in South Korea. The company offers stainless steel bars, such as 300 series for use in chemical industry facilities, building materials, seawater pumps, food manufacturing facilities, automobiles, semiconductors, etc.; 400 series, which is used for valves, pump shafts, bolts, nuts, engine parts, nozzles, automobile parts, etc.; and … Read more