Neo Technical System Co. Ltd
Neo Technical System Co., Ltd. manufactures and sells micro drill and router products in Korea. Its products include micro bit products, such as micro drill bits, router bits, and end mills; and power windows, sun- roofs, tooth worms, power seats, double worms, slide doors, and insert type whirling shafts, as well as whirling type shafts. The company was founded in 2000 and is based in Anseong, S… Read more
Neo Technical System Co. Ltd (085910) - Net Assets
Latest net assets as of September 2025: ₩75.87 Billion KRW
Based on the latest financial reports, Neo Technical System Co. Ltd (085910) has net assets worth ₩75.87 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 (₩125.45 Billion) and total liabilities (₩49.58 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 | ₩75.87 Billion |
| % of Total Assets | 60.48% |
| Annual Growth Rate | -1.15% |
| 5-Year Change | 28.62% |
| 10-Year Change | -10.26% |
| Growth Volatility | 15.7 |
Neo Technical System Co. Ltd - Net Assets Trend (2010–2024)
This chart illustrates how Neo Technical System 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 Neo Technical System Co. Ltd (2010–2024)
The table below shows the annual net assets of Neo Technical System Co. Ltd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩52.82 Billion | -26.02% |
| 2023-12-31 | ₩71.40 Billion | +25.39% |
| 2022-12-31 | ₩56.95 Billion | +3.96% |
| 2021-12-31 | ₩54.78 Billion | +33.37% |
| 2020-12-31 | ₩41.07 Billion | -3.89% |
| 2019-12-31 | ₩42.73 Billion | -2.23% |
| 2018-12-31 | ₩43.71 Billion | -3.46% |
| 2017-12-31 | ₩45.27 Billion | -18.55% |
| 2016-12-31 | ₩55.59 Billion | -5.56% |
| 2015-12-31 | ₩58.86 Billion | -8.00% |
| 2014-12-31 | ₩63.98 Billion | +5.46% |
| 2013-12-31 | ₩60.66 Billion | -2.34% |
| 2010-12-31 | ₩62.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neo Technical System 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 4030497968000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩40.30 Billion | 76.30% |
| Common Stock | ₩6.97 Billion | 13.19% |
| Other Components | ₩5.55 Billion | 10.51% |
| Total Equity | ₩52.82 Billion | 100.00% |
Neo Technical System Co. Ltd Competitors by Market Cap
The table below lists competitors of Neo Technical System Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FLAIR
NSE:FLAIR
|
$78.82 Million |
|
Tusimple Holdings Inc
PINK:TSPH
|
$78.83 Million |
|
Alam Sutera Realty Tbk
JK:ASRI
|
$78.83 Million |
|
Aekyung Industrial Co Ltd
KO:018250
|
$78.84 Million |
|
TOYO Co., Ltd Ordinary Shares
NASDAQ:TOYO
|
$78.78 Million |
|
Orient Cement Limited
NSE:ORIENTCEM
|
$78.76 Million |
|
Shoprite Holdings Ltd
JSE:SHP
|
$78.73 Million |
|
Neptune Digital Assets Corp
PINK:NPPTF
|
$78.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neo Technical System Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 50,689,468,780 to 52,822,555,200, a change of 2,133,086,420 (4.2%).
- Net income of 4,853,619,810 contributed positively to equity growth.
- Dividend payments of 2,575,039,350 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.85 Billion | +9.19% |
| Dividends Paid | ₩2.58 Billion | -4.87% |
| Other Changes | ₩-145.49 Million | -0.28% |
| Total Change | ₩- | 4.21% |
Book Value vs Market Value Analysis
This analysis compares Neo Technical System 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: 4.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.91x to 4.25x 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 | ₩5771.26 | ₩16790.00 | x |
| 2017-12-31 | ₩4307.23 | ₩16790.00 | x |
| 2018-12-31 | ₩4184.76 | ₩16790.00 | x |
| 2019-12-31 | ₩4091.35 | ₩16790.00 | x |
| 2020-12-31 | ₩3932.00 | ₩16790.00 | x |
| 2021-12-31 | ₩4159.24 | ₩16790.00 | x |
| 2022-12-31 | ₩4291.15 | ₩16790.00 | x |
| 2023-12-31 | ₩3819.59 | ₩16790.00 | x |
| 2024-12-31 | ₩3948.68 | ₩16790.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neo Technical System 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): 9.19%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.94%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.37x
- Recent ROE (9.19%) is above the historical average (1.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 3.79% | 5.28% | 0.55x | 1.31x | ₩-3.37 Billion |
| 2013 | 4.05% | 6.72% | 0.42x | 1.42x | ₩-3.57 Billion |
| 2014 | 4.87% | 8.13% | 0.44x | 1.35x | ₩-3.23 Billion |
| 2015 | -6.08% | -10.01% | 0.42x | 1.44x | ₩-9.46 Billion |
| 2016 | -2.85% | -3.95% | 0.47x | 1.53x | ₩-7.15 Billion |
| 2017 | -16.13% | -16.80% | 0.54x | 1.79x | ₩-11.83 Billion |
| 2018 | 6.95% | 6.72% | 0.52x | 1.98x | ₩-1.33 Billion |
| 2019 | 3.17% | 3.19% | 0.49x | 2.03x | ₩-2.92 Billion |
| 2020 | 0.46% | 0.50% | 0.37x | 2.51x | ₩-3.92 Billion |
| 2021 | 10.57% | 8.78% | 0.46x | 2.63x | ₩314.27 Million |
| 2022 | 9.07% | 6.42% | 0.56x | 2.54x | ₩-532.16 Million |
| 2023 | -6.03% | -5.63% | 0.41x | 2.59x | ₩-8.12 Billion |
| 2024 | 9.19% | 8.94% | 0.43x | 2.37x | ₩-428.64 Million |
Industry Comparison
This section compares Neo Technical System Co. Ltd's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
Industry Context
- Industry: Machinery, Tools, Heavy Vehicles, Trains & Ships
- Average net assets among peers: $111,702,524,769
- Average return on equity (ROE) among peers: 0.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neo Technical System Co. Ltd (085910) | ₩75.87 Billion | 3.79% | 0.65x | $78.81 Million |
| Bosung Power Technology Co. Ltd (006910) | $34.47 Billion | -13.92% | 1.45x | $270.01 Million |
| Youngsin Metal Industrial Co. Ltd (007530) | $42.53 Billion | 5.85% | 2.37x | $22.80 Million |
| SMCore.Inc (007820) | $42.57 Billion | 13.11% | 0.61x | $54.03 Million |
| Heungkuk Metaltech Co.Ltd (010240) | $45.00 Billion | 7.23% | 0.87x | $19.11 Million |
| Nuintek Co.Ltd (012340) | $14.74 Billion | -24.23% | 1.98x | $5.39 Million |
| CAS Corporation (016920) | $49.47 Billion | 2.29% | 1.02x | $10.38 Million |
| Semyung Electric Machinery Co.Ltd (017510) | $71.37 Billion | 4.79% | 0.15x | $60.31 Million |
| Enertork Ltd (019990) | $40.18 Billion | -2.17% | 0.14x | $34.99 Million |
| Tae Kwang Corporation (023160) | $436.13 Billion | 3.49% | 0.16x | $274.49 Million |
| Young Poong Precision Corporation (036560) | $340.55 Billion | 4.55% | 0.21x | $64.81 Million |