S&K Polytec Co. Ltd (091340) - Net Assets
Based on the latest financial reports, S&K Polytec Co. Ltd (091340) has net assets worth ₩149.79 Billion KRW (≈ $101.51 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 (₩262.42 Billion ≈ $177.84 Million USD) and total liabilities (₩112.63 Billion ≈ $76.33 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. Also explore 091340 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩149.79 Billion |
| % of Total Assets | 57.08% |
| Annual Growth Rate | 9.88% |
| 5-Year Change | 50.67% |
| 10-Year Change | 159.88% |
| Growth Volatility | 17.81 |
S&K Polytec Co. Ltd - Net Assets Trend (2013–2025)
This chart illustrates how S&K Polytec Co. Ltd's net assets have evolved over time, based on quarterly financial data. Check S&K Polytec Co. Ltd (091340) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for S&K Polytec Co. Ltd (2013–2025)
The table below shows the annual net assets of S&K Polytec Co. Ltd from 2013 to 2025. For live valuation and market cap data, see 091340 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩139.70 Billion ≈ $94.68 Million |
+52.13% |
| 2024-12-31 | ₩91.83 Billion ≈ $62.23 Million |
-19.40% |
| 2023-12-31 | ₩113.94 Billion ≈ $77.22 Million |
+27.73% |
| 2022-12-31 | ₩89.20 Billion ≈ $60.45 Million |
-3.80% |
| 2021-12-31 | ₩92.72 Billion ≈ $62.84 Million |
+1.67% |
| 2020-12-31 | ₩91.20 Billion ≈ $61.80 Million |
+2.72% |
| 2019-12-31 | ₩88.79 Billion ≈ $60.17 Million |
+22.11% |
| 2018-12-31 | ₩72.71 Billion ≈ $49.27 Million |
+5.81% |
| 2017-12-31 | ₩68.72 Billion ≈ $46.57 Million |
+27.83% |
| 2016-12-31 | ₩53.76 Billion ≈ $36.43 Million |
+9.83% |
| 2015-12-31 | ₩48.95 Billion ≈ $33.17 Million |
+6.36% |
| 2014-12-31 | ₩46.02 Billion ≈ $31.19 Million |
+2.05% |
| 2013-12-31 | ₩45.09 Billion ≈ $30.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to S&K Polytec 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 4680308956000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩46.80 Billion | 50.63% |
| Other Components | ₩45.63 Billion | 49.37% |
| Total Equity | ₩92.43 Billion | 100.00% |
S&K Polytec Co. Ltd Competitors by Market Cap
The table below lists competitors of S&K Polytec Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diagnos Inc
V:ADK
|
$16.95 Million |
|
National Tyre & Wheel Limited
F:N37
|
$16.95 Million |
|
SenzaGen AB
ST:SENZA
|
$16.96 Million |
|
FingerMotion Inc
NASDAQ:FNGR
|
$16.96 Million |
|
K-Tech Solutions Company Limited Class A Ordinary Shares
NASDAQ:KMRK
|
$16.93 Million |
|
Sanginita Chemicals Limited
NSE:SANGINITA
|
$16.93 Million |
|
Hanchang Ind.Co.Ltd
KQ:079170
|
$16.88 Million |
|
Atalaya Mining Ltd
LSE:ATYM
|
$16.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S&K Polytec Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 91,833,367,180 to 92,432,293,390, a change of 598,926,210 (0.7%).
- Net income of 3,159,545,930 contributed positively to equity growth.
- Other factors decreased equity by 2,560,619,720.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩3.16 Billion | +3.42% |
| Other Changes | ₩-2.56 Billion | -2.77% |
| Total Change | ₩- | 0.65% |
Book Value vs Market Value Analysis
This analysis compares S&K Polytec 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: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₩6152.96 | ₩2135.00 | x |
| 2017-12-31 | ₩5871.68 | ₩2135.00 | x |
| 2018-12-31 | ₩6486.58 | ₩2135.00 | x |
| 2019-12-31 | ₩7920.83 | ₩2135.00 | x |
| 2020-12-31 | ₩8135.97 | ₩2135.00 | x |
| 2021-12-31 | ₩8545.75 | ₩2135.00 | x |
| 2022-12-31 | ₩8329.43 | ₩2135.00 | x |
| 2023-12-31 | ₩7689.98 | ₩2135.00 | x |
| 2024-12-31 | ₩8575.12 | ₩2135.00 | x |
| 2025-12-31 | ₩8631.04 | ₩2135.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S&K Polytec 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): 3.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.02%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 2.75x
- Recent ROE (3.42%) is below the historical average (4.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.13% | 25.86% | 0.26x | 1.38x | ₩-391.65 Million |
| 2014 | 3.04% | 6.22% | 0.35x | 1.41x | ₩-3.20 Billion |
| 2015 | 3.75% | 7.18% | 0.31x | 1.71x | ₩-3.06 Billion |
| 2016 | 5.12% | 4.34% | 0.46x | 2.57x | ₩-2.63 Billion |
| 2017 | 5.28% | 2.03% | 0.80x | 3.23x | ₩-3.24 Billion |
| 2018 | 11.61% | 2.99% | 1.43x | 2.71x | ₩1.17 Billion |
| 2019 | 17.28% | 4.54% | 1.37x | 2.78x | ₩6.46 Billion |
| 2020 | -6.83% | -2.44% | 1.03x | 2.71x | ₩-15.35 Billion |
| 2021 | 4.09% | 1.15% | 1.15x | 3.11x | ₩-5.48 Billion |
| 2022 | -1.36% | -0.36% | 1.26x | 2.99x | ₩-10.13 Billion |
| 2023 | -7.13% | -2.34% | 1.00x | 3.05x | ₩-14.11 Billion |
| 2024 | 9.66% | 2.69% | 1.23x | 2.92x | ₩-314.15 Million |
| 2025 | 3.42% | 1.02% | 1.22x | 2.75x | ₩-6.08 Billion |
Industry Comparison
This section compares S&K Polytec Co. Ltd's net assets metrics with peer companies in the Electronic Equipment & Parts industry.
Industry Context
- Industry: Electronic Equipment & Parts
- Average net assets among peers: $90,668,009,930
- Average return on equity (ROE) among peers: -8.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S&K Polytec Co. Ltd (091340) | ₩149.79 Billion | 9.13% | 0.75x | $16.93 Million |
| SANGBO Corp (027580) | $33.76 Billion | 9.56% | 2.29x | $31.11 Million |
| Inzi Display Co.Ltd (037330) | $147.14 Billion | 6.44% | 0.84x | $21.66 Million |
| BioSmart Co.Ltd (038460) | $58.82 Billion | 5.35% | 0.27x | $38.45 Million |
| e-LITECOM CO. Ltd (041520) | $210.17 Billion | 3.91% | 0.49x | $75.98 Million |
| CoAsia Corporation (045970) | $100.09 Billion | 0.00% | 1.72x | $35.36 Million |
| Powerlogics Co. Ltd (047310) | $89.77 Billion | 0.00% | 1.49x | $69.98 Million |
| Phoenix Materials Co. Ltd (050090) | $29.08 Billion | -11.78% | 0.79x | $23.32 Million |
| CammSys Corp (050110) | $86.90 Billion | -21.97% | 2.94x | $38.98 Million |
| STCube Inc (052020) | $19.12 Billion | -86.05% | 0.38x | $134.72 Million |
| Amotech Co. Ltd (052710) | $131.83 Billion | 8.48% | 1.31x | $100.27 Million |
About S&K Polytec Co. Ltd
S&K Polytec Co., Ltd., a chemical company, processes chemicals and polyurethane for the electronics, healthcare, other sports, and construction industries. It also develops and produces electrical mechanic equipment FPCB Assy. The company was founded in 1999 and is based in Ansan-si, South Korea.