Ace Technologies Corp (088800) - Net Assets

Latest as of March 2026: ₩66.01 Billion KRW ≈ $44.74 Million USD

Based on the latest financial reports, Ace Technologies Corp (088800) has net assets worth ₩66.01 Billion KRW (≈ $44.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩258.67 Billion ≈ $175.30 Million USD) and total liabilities (₩192.66 Billion ≈ $130.56 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 088800 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩66.01 Billion
% of Total Assets	25.52%
Annual Growth Rate	-3.94%
5-Year Change	-0.07%
10-Year Change	-39.39%
Growth Volatility	96.58

Ace Technologies Corp - Net Assets Trend (2011–2025)

This chart illustrates how Ace Technologies Corp's net assets have evolved over time, based on quarterly financial data. See Ace Technologies Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ace Technologies Corp (2011–2025)

The table below shows the annual net assets of Ace Technologies Corp from 2011 to 2025. For live valuation and market cap data, see 088800 company net worth.

Year	Net Assets	Change
2025-12-31	₩70.58 Billion ≈ $47.83 Million	-27.73%
2024-12-31	₩97.66 Billion ≈ $66.18 Million	+352.55%
2023-12-31	₩21.58 Billion ≈ $14.62 Million	-68.37%
2022-12-31	₩68.23 Billion ≈ $46.24 Million	-3.40%
2021-12-31	₩70.63 Billion ≈ $47.87 Million	-1.43%
2020-12-31	₩71.65 Billion ≈ $48.56 Million	-18.95%
2019-12-31	₩88.41 Billion ≈ $59.91 Million	+13.11%
2018-12-31	₩78.16 Billion ≈ $52.97 Million	+25.45%
2017-12-31	₩62.31 Billion ≈ $42.22 Million	-46.50%
2016-12-31	₩116.46 Billion ≈ $78.93 Million	-15.11%
2015-12-31	₩137.19 Billion ≈ $92.97 Million	+10.28%
2014-12-31	₩124.40 Billion ≈ $84.31 Million	+11.78%
2013-12-31	₩111.29 Billion ≈ $75.42 Million	+13.31%
2012-12-31	₩98.22 Billion ≈ $66.56 Million	-20.78%
2011-12-31	₩123.98 Billion ≈ $84.02 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ace Technologies Corp'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 decreased by 27229.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	₩146.41 Billion	207.68%
Total Equity	₩70.50 Billion	100.00%

Ace Technologies Corp Competitors by Market Cap

The table below lists competitors of Ace Technologies Corp ranked by their market capitalization.

Company	Market Cap
Skarbiec Holding S.A. WAR:SKH	$66.61 Million
Argosy Minerals Ltd AU:AGY	$66.62 Million
Aureus Greenway Holdings Inc. Common Stock NASDAQ:AGH	$66.64 Million
Abra Information Technologies Ltd TA:BBYL	$66.65 Million
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund BK:QHHR	$66.50 Million
Interpark Co. Ltd KQ:035080	$66.50 Million
Hour Loop Inc NASDAQ:HOUR	$66.48 Million
AstroNova Inc NASDAQ:ALOT	$66.45 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ace Technologies Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 97,660,955,150 to 70,500,084,090, a change of -27,160,871,060 (-27.8%).
Net loss of 29,114,472,570 reduced equity.
Share repurchases of 844,818,770 reduced equity.
New share issuances of 1,318,284,110 increased equity.
Other factors increased equity by 1,480,136,170.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	₩-29.11 Billion	-41.3%
Share Repurchases	₩844.82 Million	-1.2%
Share Issuances	₩1.32 Billion	+1.87%
Other Changes	₩1.48 Billion	+2.1%
Total Change	₩-	-27.81%

Book Value vs Market Value Analysis

This analysis compares Ace Technologies Corp'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: 2.72x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.55x to 2.72x 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	₩4607.62	₩2550.00	x
2017-12-31	₩2151.54	₩2550.00	x
2018-12-31	₩2313.88	₩2550.00	x
2019-12-31	₩2294.40	₩2550.00	x
2020-12-31	₩1763.47	₩2550.00	x
2021-12-31	₩1335.78	₩2550.00	x
2022-12-31	₩1255.58	₩2550.00	x
2023-12-31	₩336.10	₩2550.00	x
2024-12-31	₩1295.29	₩2550.00	x
2025-12-31	₩939.02	₩2550.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ace Technologies Corp 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): -41.30%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -16.32%
• Asset Turnover: 0.70x
• Equity Multiplier: 3.61x
Recent ROE (-41.30%) is above the historical average (-50.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	17.07%	12.93%	0.43x	3.11x	₩8.28 Billion
2013	9.60%	3.19%	0.86x	3.50x	₩-422.71 Million
2014	9.86%	2.72%	1.00x	3.63x	₩-165.85 Million
2015	7.29%	2.37%	0.86x	3.59x	₩-3.71 Billion
2016	-27.74%	-10.03%	0.74x	3.72x	₩-43.95 Billion
2017	-87.76%	-15.55%	0.94x	5.99x	₩-60.91 Billion
2018	3.95%	0.82%	0.87x	5.53x	₩-4.73 Billion
2019	-10.44%	-2.44%	1.00x	4.30x	₩-18.07 Billion
2020	-116.04%	-39.45%	0.60x	4.93x	₩-90.31 Billion
2021	-44.86%	-13.61%	0.61x	5.42x	₩-38.75 Billion
2022	-44.18%	-12.54%	0.63x	5.56x	₩-36.97 Billion
2023	-337.28%	-56.34%	0.54x	11.09x	₩-81.24 Billion
2024	-41.72%	-28.09%	0.48x	3.12x	₩-50.51 Billion
2025	-41.30%	-16.32%	0.70x	3.61x	₩-36.16 Billion

Industry Comparison

This section compares Ace Technologies Corp's net assets metrics with peer companies in the Communications & Networking industry.

Industry Context

Industry: Communications & Networking
Average net assets among peers: $62,878,787,113
Average return on equity (ROE) among peers: -0.02%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ace Technologies Corp (088800)	₩66.01 Billion	17.07%	2.92x	$66.55 Million
Eyesvision Corp (031310)	$67.42 Billion	2.35%	0.63x	$10.13 Million
BG T&A Co (046310)	$33.79 Billion	0.00%	1.29x	$21.93 Million
SOLiD Inc (050890)	$82.98 Billion	-26.55%	2.39x	$434.38 Million
System and Application Technologies Co. Ltd (060540)	$37.05 Billion	14.69%	0.41x	$21.96 Million
Homecast Co.Ltd (064240)	$68.13 Billion	-2.53%	0.39x	$39.37 Million
CS Corporation (065770)	$38.98 Billion	-37.05%	2.16x	$20.28 Million
ECSTELECOM Co. Ltd (067010)	$40.21 Billion	12.44%	0.57x	$9.60 Million
Innowireless Co. Ltd (073490)	$67.19 Billion	-14.61%	0.22x	$134.44 Million
Frtek Co.Ltd (073540)	$37.28 Billion	-11.07%	0.42x	$18.89 Million
Ubiquoss Holdings Inc (078070)	$155.74 Billion	62.09%	0.03x	$103.53 Million

About Ace Technologies Corp

KQ:088800 Korea Communications & Networking

Market Cap

$66.55 Million

₩98.19 Billion KRW

Market Cap Rank

#20869 Global

#1162 in Korea

Share Price

₩2550.00

Change (1 day)

-4.14%

52-Week Range

₩2020.00 - ₩6720.00

All Time High

₩28987.27