Partron Co. Ltd
Partron Co., Ltd. manufactures and sells components for mobile phones and telecommunication systems in South Korea and internationally. The company provides dieletric filters, isolators, antennas, microphone sensors, RF modules, camera modules, sensors, fingerprint sensors, vibration motors, ceramic capacitors, and wireless charging modules. It also offers smartbands, bluetooth headsets, smart th… Read more
Partron Co. Ltd (091700) - Net Assets
Latest net assets as of September 2025: ₩541.71 Billion KRW
Based on the latest financial reports, Partron Co. Ltd (091700) has net assets worth ₩541.71 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 (₩753.24 Billion) and total liabilities (₩211.53 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 | ₩541.71 Billion |
| % of Total Assets | 71.92% |
| Annual Growth Rate | 15.1% |
| 5-Year Change | 58.12% |
| 10-Year Change | 70.46% |
| Growth Volatility | 17.19 |
Partron Co. Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Partron 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 Partron Co. Ltd (2007–2024)
The table below shows the annual net assets of Partron Co. Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩555.46 Billion | +9.84% |
| 2023-12-31 | ₩505.69 Billion | +6.92% |
| 2022-12-31 | ₩472.96 Billion | +3.57% |
| 2021-12-31 | ₩456.66 Billion | +30.00% |
| 2020-12-31 | ₩351.28 Billion | -0.68% |
| 2019-12-31 | ₩353.69 Billion | +18.64% |
| 2018-12-31 | ₩298.13 Billion | -3.54% |
| 2017-12-31 | ₩309.06 Billion | -8.68% |
| 2016-12-31 | ₩338.45 Billion | +3.86% |
| 2015-12-31 | ₩325.86 Billion | -3.01% |
| 2014-12-31 | ₩335.97 Billion | +10.69% |
| 2013-12-31 | ₩303.51 Billion | +53.45% |
| 2012-12-31 | ₩197.79 Billion | +39.06% |
| 2011-12-31 | ₩142.23 Billion | +23.46% |
| 2010-12-31 | ₩115.20 Billion | +26.96% |
| 2009-12-31 | ₩90.74 Billion | +31.02% |
| 2008-12-31 | ₩69.25 Billion | +36.16% |
| 2007-12-31 | ₩50.86 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Partron 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 48106144336000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩481.06 Billion | 95.27% |
| Common Stock | ₩29.46 Billion | 5.83% |
| Total Equity | ₩504.92 Billion | 100.00% |
Partron Co. Ltd Competitors by Market Cap
The table below lists competitors of Partron Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Latin Resources Ltd
AU:LRS
|
$228.51 Million |
|
Hangzhou Todaytec Digital Co Ltd Class A
SHE:300743
|
$228.52 Million |
|
Nanyang Senba Optical and Electronic Co Ltd
SHE:300701
|
$228.54 Million |
|
Changsha Tongcheng Holdings Co Ltd
SHE:000419
|
$228.55 Million |
|
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD
|
$228.28 Million |
|
Amotiv Limited
TO:AOV
|
$228.26 Million |
|
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock
NASDAQ:LANDP
|
$228.25 Million |
|
TA-I Technology Co Ltd
TW:2478
|
$228.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Partron Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 473,011,781,650 to 504,920,451,530, a change of 31,908,669,880 (6.7%).
- Net income of 53,448,497,180 contributed positively to equity growth.
- Dividend payments of 13,239,834,020 reduced retained earnings.
- Share repurchases of 16,483,660,290 reduced equity.
- Other factors increased equity by 8,183,667,010.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩53.45 Billion | +10.59% |
| Dividends Paid | ₩13.24 Billion | -2.62% |
| Share Repurchases | ₩16.48 Billion | -3.26% |
| Other Changes | ₩8.18 Billion | +1.62% |
| Total Change | ₩- | 6.75% |
Book Value vs Market Value Analysis
This analysis compares Partron 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: 0.85x
- 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.
- The price-to-book ratio has decreased from 1.30x to 0.85x 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 | ₩6458.25 | ₩8400.00 | x |
| 2017-12-31 | ₩5897.42 | ₩8400.00 | x |
| 2018-12-31 | ₩5799.40 | ₩8400.00 | x |
| 2019-12-31 | ₩6880.19 | ₩8400.00 | x |
| 2020-12-31 | ₩6866.80 | ₩8400.00 | x |
| 2021-12-31 | ₩8248.86 | ₩8400.00 | x |
| 2022-12-31 | ₩8739.46 | ₩8400.00 | x |
| 2023-12-31 | ₩8819.95 | ₩8400.00 | x |
| 2024-12-31 | ₩9936.47 | ₩8400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Partron 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): 10.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.60%
- • Asset Turnover: 2.00x
- • Equity Multiplier: 1.47x
- Recent ROE (10.59%) is below the historical average (15.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 19.07% | 13.91% | 0.95x | 1.45x | ₩4.61 Billion |
| 2008 | 23.95% | 14.18% | 1.28x | 1.32x | ₩9.66 Billion |
| 2009 | 26.73% | 12.13% | 1.61x | 1.37x | ₩15.09 Billion |
| 2010 | 20.38% | 8.16% | 1.43x | 1.75x | ₩12.05 Billion |
| 2011 | 18.86% | 6.16% | 1.43x | 2.14x | ₩12.32 Billion |
| 2012 | 37.11% | 8.27% | 2.00x | 2.24x | ₩52.76 Billion |
| 2013 | 37.19% | 9.64% | 1.96x | 1.97x | ₩77.46 Billion |
| 2014 | 15.61% | 6.29% | 1.50x | 1.66x | ₩17.40 Billion |
| 2015 | 12.21% | 4.94% | 1.58x | 1.56x | ₩7.21 Billion |
| 2016 | 6.44% | 2.75% | 1.56x | 1.50x | ₩-12.06 Billion |
| 2017 | 0.40% | 0.16% | 1.55x | 1.65x | ₩-29.67 Billion |
| 2018 | 3.24% | 1.21% | 1.72x | 1.56x | ₩-20.14 Billion |
| 2019 | 17.24% | 4.86% | 2.41x | 1.47x | ₩25.60 Billion |
| 2020 | 6.23% | 1.85% | 1.95x | 1.72x | ₩-13.26 Billion |
| 2021 | 15.86% | 5.52% | 1.93x | 1.49x | ₩26.78 Billion |
| 2022 | 8.15% | 3.15% | 1.78x | 1.45x | ₩-8.77 Billion |
| 2023 | 6.10% | 2.46% | 1.80x | 1.38x | ₩-18.47 Billion |
| 2024 | 10.59% | 3.60% | 2.00x | 1.47x | ₩2.96 Billion |
Industry Comparison
This section compares Partron 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: $110,039,108,706
- Average return on equity (ROE) among peers: -2.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Partron Co. Ltd (091700) | ₩541.71 Billion | 19.07% | 0.39x | $228.43 Million |
| SANGBO Corp (027580) | $33.76 Billion | 9.56% | 2.29x | $19.28 Million |
| Inzi Display Co.Ltd (037330) | $195.92 Billion | -1.98% | 1.56x | $19.37 Million |
| BioSmart Co.Ltd (038460) | $58.82 Billion | 5.35% | 0.27x | $46.86 Million |
| e-LITECOM CO. Ltd (041520) | $205.03 Billion | -0.29% | 0.16x | $36.37 Million |
| CoAsia Corporation (045970) | $106.00 Billion | 0.80% | 0.53x | $60.00 Million |
| Powerlogics Co. Ltd (047310) | $183.01 Billion | 13.04% | 0.89x | $123.46 Million |
| Phoenix Materials Co. Ltd (050090) | $29.08 Billion | -11.78% | 0.79x | $8.87 Million |
| CammSys Corp (050110) | $87.80 Billion | 11.78% | 1.57x | $23.68 Million |
| STCube Inc (052020) | $36.03 Billion | -44.28% | 0.40x | $445.16 Million |
| Amotech Co. Ltd (052710) | $164.96 Billion | -8.90% | 1.28x | $58.10 Million |