Adaptive Plasma Technology Corp (089970) - Net Assets
Based on the latest financial reports, Adaptive Plasma Technology Corp (089970) has net assets worth ₩161.36 Billion KRW (≈ $109.35 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 (₩212.75 Billion ≈ $144.18 Million USD) and total liabilities (₩51.39 Billion ≈ $34.82 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 Adaptive Plasma Technology Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩161.36 Billion |
| % of Total Assets | 75.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | 38.64% |
| 10-Year Change | N/A |
| Growth Volatility | 44.97 |
Adaptive Plasma Technology Corp - Net Assets Trend (2015–2024)
This chart illustrates how Adaptive Plasma Technology Corp's net assets have evolved over time, based on quarterly financial data. Also explore Adaptive Plasma Technology Corp assets under control for the complete picture of this company's asset base.
Annual Net Assets for Adaptive Plasma Technology Corp (2015–2024)
The table below shows the annual net assets of Adaptive Plasma Technology Corp from 2015 to 2024. For live valuation and market cap data, see Adaptive Plasma Technology Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩124.30 Billion ≈ $84.24 Million |
+1.74% |
| 2023-12-31 | ₩122.17 Billion ≈ $82.80 Million |
+3.62% |
| 2022-12-31 | ₩117.91 Billion ≈ $79.91 Million |
+3.34% |
| 2021-12-31 | ₩114.10 Billion ≈ $77.33 Million |
+27.27% |
| 2020-12-31 | ₩89.66 Billion ≈ $60.76 Million |
+50.68% |
| 2019-12-31 | ₩59.50 Billion ≈ $40.32 Million |
+11.37% |
| 2018-12-31 | ₩53.43 Billion ≈ $36.21 Million |
+123.12% |
| 2017-12-31 | ₩23.94 Billion ≈ $16.23 Million |
+103.58% |
| 2016-12-31 | ₩11.76 Billion ≈ $7.97 Million |
+488.43% |
| 2015-12-31 | ₩-3.03 Billion ≈ $-2.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Adaptive Plasma Technology 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 grown by 10234398437000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩89.44 Billion | 71.95% |
| Common Stock | ₩2.41 Billion | 1.94% |
| Other Components | ₩32.46 Billion | 26.11% |
| Total Equity | ₩124.30 Billion | 100.00% |
Adaptive Plasma Technology Corp Competitors by Market Cap
The table below lists competitors of Adaptive Plasma Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FARO Technologies Inc
NASDAQ:FARO
|
$849.75 Million |
|
China Television Media Ltd
SHG:600088
|
$850.26 Million |
|
Guangdong Mingzhu Group Co Ltd
SHG:600382
|
$850.51 Million |
|
Xuchang Yuandong Drive Shaft Co Ltd
SHE:002406
|
$850.56 Million |
|
N-Able Inc
NYSE:NABL
|
$849.58 Million |
|
Crystal Growth & Energy Equipment Co. Ltd. A
SHG:688478
|
$849.17 Million |
|
Chongqing Constr Engineering
SHG:600939
|
$849.10 Million |
|
Xinjiang Yilite Industry Co Ltd
SHG:600197
|
$848.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adaptive Plasma Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,174,359,910 to 124,300,634,400, a change of 2,126,274,490 (1.7%).
- Net loss of 3,450,671,430 reduced equity.
- Share repurchases of 586,000,000 reduced equity.
- New share issuances of 586,000,000 increased equity.
- Other factors increased equity by 5,576,945,920.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩-3.45 Billion | -2.78% |
| Share Repurchases | ₩586.00 Million | -0.47% |
| Share Issuances | ₩586.00 Million | +0.47% |
| Other Changes | ₩5.58 Billion | +4.49% |
| Total Change | ₩- | 1.74% |
Book Value vs Market Value Analysis
This analysis compares Adaptive Plasma Technology 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: 9.91x
- 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 decreased from 91.14x to 9.91x 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 | ₩613.31 | ₩55900.00 | x |
| 2017-12-31 | ₩1119.20 | ₩55900.00 | x |
| 2018-12-31 | ₩2329.07 | ₩55900.00 | x |
| 2019-12-31 | ₩2797.04 | ₩55900.00 | x |
| 2020-12-31 | ₩4113.49 | ₩55900.00 | x |
| 2021-12-31 | ₩5297.14 | ₩55900.00 | x |
| 2022-12-31 | ₩5529.01 | ₩55900.00 | x |
| 2023-12-31 | ₩5588.90 | ₩55900.00 | x |
| 2024-12-31 | ₩5642.29 | ₩55900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adaptive Plasma Technology 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): -2.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.91%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.33x
- Recent ROE (-2.78%) is below the historical average (30.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -48.04% | 0.44x | 0.00x | ₩-1.81 Billion |
| 2016 | 118.08% | 36.69% | 1.80x | 1.78x | ₩12.71 Billion |
| 2017 | 45.31% | 26.38% | 1.39x | 1.24x | ₩8.46 Billion |
| 2018 | 32.71% | 28.63% | 0.94x | 1.21x | ₩12.13 Billion |
| 2019 | 23.79% | 23.87% | 0.91x | 1.10x | ₩8.21 Billion |
| 2020 | 26.07% | 25.12% | 0.79x | 1.32x | ₩14.40 Billion |
| 2021 | 40.72% | 26.09% | 1.22x | 1.28x | ₩35.05 Billion |
| 2022 | 23.64% | 19.72% | 0.90x | 1.33x | ₩16.09 Billion |
| 2023 | -5.71% | -26.82% | 0.17x | 1.24x | ₩-19.19 Billion |
| 2024 | -2.78% | -4.91% | 0.42x | 1.33x | ₩-15.88 Billion |
Industry Comparison
This section compares Adaptive Plasma Technology Corp's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $129,204,267,843
- Average return on equity (ROE) among peers: 12.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adaptive Plasma Technology Corp (089970) | ₩161.36 Billion | 0.00% | 0.32x | $849.71 Million |
| D I Corp (003160) | $122.48 Billion | 5.82% | 0.58x | $595.93 Million |
| Samick Thk (004380) | $39.20 Billion | 7.08% | 1.03x | $139.72 Million |
| PSMC CO. Ltd (024850) | $57.43 Billion | 24.31% | 0.61x | $2.57 Billion |
| Mirae Corporation (025560) | $84.64 Billion | 8.85% | 0.39x | $48.43 Million |
| KC Co. Ltd (029460) | $200.11 Billion | 7.66% | 0.26x | $297.59 Million |
| MK Electron Co. Ltd (033160) | $352.21 Billion | 7.86% | 4.63x | $389.56 Million |
| Signetics Corporation (033170) | $167.65 Billion | 0.96% | 0.39x | $51.88 Million |
| Nepes Corporation (033640) | $161.48 Billion | 15.40% | 0.74x | $514.91 Million |
| EO Technics Co. Ltd (039030) | $82.88 Billion | 8.44% | 0.35x | $3.97 Billion |
| STI Co. Ltd (039440) | $23.96 Billion | 35.30% | 1.00x | $407.97 Million |
About Adaptive Plasma Technology Corp
VM Inc. manufactures and sells dry etcher systems that are used for semiconductor production process in South Korea and internationally. The company offers poly, metal, and oxide etcher systems. The company was formerly known as Adaptive Plasma Technology Corp. and changed its name to VM Inc. in March 2024. VM Inc. was founded in 2002 and is based in Icheon-si, South Korea.