NewFlex Technology Co. Ltd
NewFlex Technology Co., Ltd. manufactures and sells flexible printed circuit boards products in South Korea. The company offers single side, double side, multi-layer, rigid, optical, embedded, and build-up and IVH flexible printed circuit boards, as well as metal printed circuit boards. Its products are used in the connector cables and sub boards, cell phones, laptops, TVs, and LEDs. NewFlex Tech… Read more
NewFlex Technology Co. Ltd (085670) - Net Assets
Latest net assets as of September 2025: ₩103.84 Billion KRW
Based on the latest financial reports, NewFlex Technology Co. Ltd (085670) has net assets worth ₩103.84 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 (₩159.78 Billion) and total liabilities (₩55.95 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 | ₩103.84 Billion |
| % of Total Assets | 64.99% |
| Annual Growth Rate | 8.36% |
| 5-Year Change | 162.25% |
| 10-Year Change | 151.45% |
| Growth Volatility | 18.45 |
NewFlex Technology Co. Ltd - Net Assets Trend (2011–2024)
This chart illustrates how NewFlex Technology 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 NewFlex Technology Co. Ltd (2011–2024)
The table below shows the annual net assets of NewFlex Technology Co. Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩101.54 Billion | +38.86% |
| 2023-12-31 | ₩73.12 Billion | +11.71% |
| 2022-12-31 | ₩65.46 Billion | +28.29% |
| 2021-12-31 | ₩51.02 Billion | +31.78% |
| 2020-12-31 | ₩38.72 Billion | -20.45% |
| 2019-12-31 | ₩48.67 Billion | -18.69% |
| 2018-12-31 | ₩59.86 Billion | +31.20% |
| 2017-12-31 | ₩45.62 Billion | +15.95% |
| 2016-12-31 | ₩39.35 Billion | -2.55% |
| 2015-12-31 | ₩40.38 Billion | +10.10% |
| 2014-12-31 | ₩36.68 Billion | +6.32% |
| 2013-12-31 | ₩34.50 Billion | -9.00% |
| 2012-12-31 | ₩37.91 Billion | +6.03% |
| 2011-12-31 | ₩35.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NewFlex Technology 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 74714.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩43.06 Billion | 42.41% |
| Common Stock | ₩12.23 Billion | 12.04% |
| Other Components | ₩46.25 Billion | 45.55% |
| Total Equity | ₩101.54 Billion | 100.00% |
NewFlex Technology Co. Ltd Competitors by Market Cap
The table below lists competitors of NewFlex Technology Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tribune Resources Ltd
AU:TBR
|
$61.96 Million |
|
AMICA S.A. ZY 2
F:9R1
|
$61.99 Million |
|
NewMed Energy - Limited Partnership
TA:NWMD
|
$62.00 Million |
|
Eolus Vind AB (publ)
ST:EOLU-B
|
$62.02 Million |
|
Phenixfin Corporation
NASDAQ:PFX
|
$61.94 Million |
|
Arizon RFID Tech (Cayman) Co
TW:6863
|
$61.94 Million |
|
Tumosan Motor ve Traktor Sanayi AS
IS:TMSN
|
$61.93 Million |
|
FNM S.p.A.
LSE:0EHB
|
$61.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NewFlex Technology Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 73,123,882,460 to 101,536,606,260, a change of 28,412,723,800 (38.9%).
- Net income of 16,094,565,580 contributed positively to equity growth.
- Other factors increased equity by 12,318,158,220.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩16.09 Billion | +15.85% |
| Other Changes | ₩12.32 Billion | +12.13% |
| Total Change | ₩- | 38.86% |
Book Value vs Market Value Analysis
This analysis compares NewFlex Technology 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: 1.31x
- 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 2.54x to 1.31x 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 | ₩2145.52 | ₩5460.00 | x |
| 2017-12-31 | ₩2246.27 | ₩5460.00 | x |
| 2018-12-31 | ₩2829.42 | ₩5460.00 | x |
| 2019-12-31 | ₩2300.63 | ₩5460.00 | x |
| 2020-12-31 | ₩1778.53 | ₩5460.00 | x |
| 2021-12-31 | ₩2107.49 | ₩5460.00 | x |
| 2022-12-31 | ₩2703.75 | ₩5460.00 | x |
| 2023-12-31 | ₩2990.72 | ₩5460.00 | x |
| 2024-12-31 | ₩4152.78 | ₩5460.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NewFlex Technology 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): 15.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.15%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.64x
- Recent ROE (15.85%) is above the historical average (2.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 5.90% | 1.94% | 1.22x | 2.50x | ₩-1.55 Billion |
| 2014 | 5.70% | 1.51% | 1.36x | 2.77x | ₩-1.57 Billion |
| 2015 | -4.39% | -1.47% | 1.00x | 2.98x | ₩-5.81 Billion |
| 2016 | -6.63% | -1.80% | 1.36x | 2.72x | ₩-6.54 Billion |
| 2017 | 8.75% | 2.61% | 1.28x | 2.61x | ₩-570.93 Million |
| 2018 | 12.10% | 3.70% | 1.35x | 2.42x | ₩1.26 Billion |
| 2019 | -19.79% | -7.51% | 0.93x | 2.82x | ₩-14.50 Billion |
| 2020 | -24.17% | -6.30% | 1.10x | 3.50x | ₩-13.23 Billion |
| 2021 | 4.71% | 1.40% | 1.04x | 3.23x | ₩-2.70 Billion |
| 2022 | 22.02% | 5.54% | 1.49x | 2.68x | ₩7.87 Billion |
| 2023 | 9.28% | 3.48% | 1.20x | 2.22x | ₩-525.48 Million |
| 2024 | 15.85% | 9.15% | 1.06x | 1.64x | ₩5.94 Billion |
Industry Comparison
This section compares NewFlex Technology 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: $107,658,678,309
- Average return on equity (ROE) among peers: 1.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NewFlex Technology Co. Ltd (085670) | ₩103.84 Billion | 5.90% | 0.54x | $61.95 Million |
| Fidelix Co. Ltd (032580) | $35.12 Billion | 1.21% | 0.96x | $8.90 Million |
| Cloud Air Co.Ltd (036170) | $88.31 Billion | -15.60% | 0.16x | $66.69 Million |
| UNISEM Co. Ltd (036200) | $214.38 Billion | 8.50% | 0.14x | $135.62 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $98.22 Billion | 0.00% | 2.78x | $1.49 Billion |
| Lumens Co. Ltd (038060) | $209.99 Billion | 1.50% | 0.65x | $20.27 Million |
| meerecompany Incorporated (049950) | $64.65 Billion | 5.13% | 0.38x | $53.59 Million |
| I&C Technology Co. Ltd (052860) | $47.42 Billion | -12.89% | 0.33x | $23.89 Million |
| KMH Hitech Co. Ltd (052900) | $63.65 Billion | 3.50% | 0.19x | $16.56 Million |
| 3S KOREA Co. Ltd (060310) | $34.37 Billion | 4.11% | 0.55x | $37.83 Million |
| Tokai Carbon Korea Co. Ltd (064760) | $220.46 Billion | 21.24% | 0.14x | $801.36 Million |