Avaco Co. Ltd
Avaco Co., Ltd. develops, manufactures, and sells equipment for flat panel display, semiconductor, solar, and thin film industries in South Korea. The company offers sputtering, OLED, and module systems; and solar, AMHS, and AS/RS products, as well as 3D printers and converting machines. It also provides contract manufacturing services. The company was founded in 2000 and is headquartered in Daeg… Read more
Avaco Co. Ltd (083930) - Net Assets
Latest net assets as of September 2025: ₩210.05 Billion KRW
Based on the latest financial reports, Avaco Co. Ltd (083930) has net assets worth ₩210.05 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 (₩343.93 Billion) and total liabilities (₩133.89 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 | ₩210.05 Billion |
| % of Total Assets | 61.07% |
| Annual Growth Rate | 7.9% |
| 5-Year Change | 43.34% |
| 10-Year Change | 112.25% |
| Growth Volatility | 5.86 |
Avaco Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Avaco 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 Avaco Co. Ltd (2011–2024)
The table below shows the annual net assets of Avaco Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩201.17 Billion | +9.23% |
| 2023-12-31 | ₩184.18 Billion | +9.11% |
| 2022-12-31 | ₩168.81 Billion | +7.87% |
| 2021-12-31 | ₩156.49 Billion | +11.50% |
| 2020-12-31 | ₩140.34 Billion | +7.65% |
| 2019-12-31 | ₩130.37 Billion | +9.36% |
| 2018-12-31 | ₩119.21 Billion | +13.60% |
| 2017-12-31 | ₩104.94 Billion | +2.19% |
| 2016-12-31 | ₩102.70 Billion | +8.35% |
| 2015-12-31 | ₩94.78 Billion | +10.81% |
| 2014-12-31 | ₩85.53 Billion | +8.92% |
| 2013-12-31 | ₩78.53 Billion | -9.25% |
| 2012-12-31 | ₩86.54 Billion | +15.61% |
| 2011-12-31 | ₩74.86 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Avaco 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 3799.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩140.00 Billion | 69.59% |
| Common Stock | ₩8.00 Billion | 3.98% |
| Other Components | ₩53.17 Billion | 26.43% |
| Total Equity | ₩201.17 Billion | 100.00% |
Avaco Co. Ltd Competitors by Market Cap
The table below lists competitors of Avaco Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cosmo Electronics Corp
TW:2466
|
$90.15 Million |
|
Han Shin Mach
KO:011700
|
$90.15 Million |
|
WILDBRAIN LTD VAR VTG
F:D6XV
|
$90.15 Million |
|
FutureFuel Corp
NYSE:FF
|
$90.17 Million |
|
OPTIMIZERx Corp
NASDAQ:OPRX
|
$90.09 Million |
|
Raízen S.A.
SA:RAIZ4
|
$90.08 Million |
|
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R
MX:FINDEP
|
$90.07 Million |
|
Velocity Financial Llc
NYSE:VEL
|
$90.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avaco Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 184,176,568,470 to 201,171,898,020, a change of 16,995,329,550 (9.2%).
- Net income of 26,392,661,900 contributed positively to equity growth.
- Dividend payments of 2,881,332,800 reduced retained earnings.
- Share repurchases of 2,999,029,520 reduced equity.
- Other factors decreased equity by 3,516,970,030.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩26.39 Billion | +13.12% |
| Dividends Paid | ₩2.88 Billion | -1.43% |
| Share Repurchases | ₩3.00 Billion | -1.49% |
| Other Changes | ₩-3.52 Billion | -1.75% |
| Total Change | ₩- | 9.23% |
Book Value vs Market Value Analysis
This analysis compares Avaco 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.04x to 1.06x 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 | ₩7193.22 | ₩14710.00 | x |
| 2017-12-31 | ₩6941.54 | ₩14710.00 | x |
| 2018-12-31 | ₩8285.05 | ₩14710.00 | x |
| 2019-12-31 | ₩9595.01 | ₩14710.00 | x |
| 2020-12-31 | ₩10644.34 | ₩14710.00 | x |
| 2021-12-31 | ₩11746.03 | ₩14710.00 | x |
| 2022-12-31 | ₩12643.52 | ₩14710.00 | x |
| 2023-12-31 | ₩12784.12 | ₩14710.00 | x |
| 2024-12-31 | ₩13857.69 | ₩14710.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avaco 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): 13.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.64%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.94x
- Recent ROE (13.12%) is above the historical average (10.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 11.84% | 3.56% | 1.87x | 1.78x | ₩1.38 Billion |
| 2014 | 8.37% | 4.79% | 1.20x | 1.45x | ₩-1.40 Billion |
| 2015 | 10.42% | 7.17% | 0.95x | 1.52x | ₩395.44 Million |
| 2016 | 13.53% | 6.96% | 1.15x | 1.69x | ₩3.63 Billion |
| 2017 | -0.79% | -0.45% | 1.00x | 1.78x | ₩-11.32 Billion |
| 2018 | 21.37% | 10.46% | 1.14x | 1.78x | ₩13.55 Billion |
| 2019 | 15.02% | 8.66% | 1.14x | 1.52x | ₩6.55 Billion |
| 2020 | 10.35% | 7.25% | 0.95x | 1.50x | ₩492.88 Million |
| 2021 | 8.01% | 6.97% | 0.68x | 1.69x | ₩-3.11 Billion |
| 2022 | 10.73% | 8.33% | 0.78x | 1.65x | ₩1.23 Billion |
| 2023 | 2.31% | 2.28% | 0.54x | 1.87x | ₩-14.16 Billion |
| 2024 | 13.12% | 8.64% | 0.78x | 1.94x | ₩6.28 Billion |
Industry Comparison
This section compares Avaco Co. Ltd's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $165,694,184,757
- Average return on equity (ROE) among peers: 4.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avaco Co. Ltd (083930) | ₩210.05 Billion | 11.84% | 0.64x | $90.11 Million |
| Fidelix Co. Ltd (032580) | $40.61 Billion | 7.14% | 0.29x | $9.44 Million |
| Cloud Air Co.Ltd (036170) | $105.14 Billion | 1.44% | 0.03x | $66.69 Million |
| UNISEM Co. Ltd (036200) | $63.88 Billion | 5.09% | 0.47x | $142.76 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $566.59 Billion | 18.85% | 0.74x | $1.46 Billion |
| Lumens Co. Ltd (038060) | $116.94 Billion | 6.75% | 1.26x | $19.77 Million |
| meerecompany Incorporated (049950) | $126.02 Billion | -5.67% | 0.18x | $54.16 Million |
| I&C Technology Co. Ltd (052860) | $44.51 Billion | -0.67% | 0.51x | $23.89 Million |
| KMH Hitech Co. Ltd (052900) | $101.62 Billion | 4.69% | 0.78x | $16.66 Million |
| 3S KOREA Co. Ltd (060310) | $33.37 Billion | -3.24% | 0.49x | $38.57 Million |
| Tokai Carbon Korea Co. Ltd (064760) | $458.27 Billion | 13.36% | 0.08x | $779.88 Million |