MNtech Co. Ltd (095500) - Net Assets
Based on the latest financial reports, MNtech Co. Ltd (095500) has net assets worth ₩323.53 Billion KRW (≈ $219.25 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 (₩640.97 Billion ≈ $434.38 Million USD) and total liabilities (₩317.45 Billion ≈ $215.13 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 MNtech Co. Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩323.53 Billion |
| % of Total Assets | 50.47% |
| Annual Growth Rate | 5.99% |
| 5-Year Change | 53.2% |
| 10-Year Change | 104.46% |
| Growth Volatility | 14.95 |
MNtech Co. Ltd - Net Assets Trend (2008–2024)
This chart illustrates how MNtech Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 095500 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for MNtech Co. Ltd (2008–2024)
The table below shows the annual net assets of MNtech Co. Ltd from 2008 to 2024. For live valuation and market cap data, see 095500 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩279.55 Billion ≈ $189.45 Million |
+2.62% |
| 2023-12-31 | ₩272.43 Billion ≈ $184.62 Million |
+28.23% |
| 2022-12-31 | ₩212.44 Billion ≈ $143.97 Million |
-4.52% |
| 2021-12-31 | ₩222.49 Billion ≈ $150.78 Million |
+21.93% |
| 2020-12-31 | ₩182.48 Billion ≈ $123.66 Million |
+18.52% |
| 2019-12-31 | ₩153.97 Billion ≈ $104.34 Million |
+6.58% |
| 2018-12-31 | ₩144.46 Billion ≈ $97.90 Million |
-0.39% |
| 2017-12-31 | ₩145.03 Billion ≈ $98.28 Million |
+6.91% |
| 2016-12-31 | ₩135.66 Billion ≈ $91.93 Million |
-0.79% |
| 2015-12-31 | ₩136.73 Billion ≈ $92.66 Million |
-1.86% |
| 2014-12-31 | ₩139.33 Billion ≈ $94.42 Million |
-23.28% |
| 2013-12-31 | ₩181.60 Billion ≈ $123.07 Million |
-9.52% |
| 2012-12-31 | ₩200.71 Billion ≈ $136.02 Million |
+17.81% |
| 2011-12-31 | ₩170.37 Billion ≈ $115.46 Million |
-1.24% |
| 2010-12-31 | ₩172.50 Billion ≈ $116.90 Million |
+12.74% |
| 2009-12-31 | ₩153.01 Billion ≈ $103.69 Million |
+38.87% |
| 2008-12-31 | ₩110.18 Billion ≈ $74.67 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to MNtech 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 19439.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩142.91 Billion | 51.12% |
| Common Stock | ₩15.50 Billion | 5.55% |
| Other Components | ₩121.14 Billion | 43.33% |
| Total Equity | ₩279.55 Billion | 100.00% |
MNtech Co. Ltd Competitors by Market Cap
The table below lists competitors of MNtech Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fortune Indonesia Tbk
JK:FORU
|
$102.77 Million |
|
Clover Corporation Ltd
AU:CLV
|
$102.80 Million |
|
Roadzen Inc.
NASDAQ:RDZN
|
$102.81 Million |
|
Marfin Investment Group Holdings S.A
AT:MIG
|
$102.83 Million |
|
Eusu Holdings
KO:000700
|
$102.54 Million |
|
Erciyas Celik Boru Sanayi A.S.
IS:ERCB
|
$102.51 Million |
|
Entre Cua Socimi
MC:YENT
|
$102.48 Million |
|
Wise plc
LSE:WISE
|
$102.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MNtech Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 239,275,041,070 to 279,553,867,960, a change of 40,278,826,890 (16.8%).
- Net income of 22,072,101,150 contributed positively to equity growth.
- Other factors increased equity by 18,206,725,740.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩22.07 Billion | +7.9% |
| Other Changes | ₩18.21 Billion | +6.51% |
| Total Change | ₩- | 16.83% |
Book Value vs Market Value Analysis
This analysis compares MNtech 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: 0.77x
- 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 1.17x to 0.77x 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 | ₩6456.26 | ₩7580.00 | x |
| 2017-12-31 | ₩6902.35 | ₩7580.00 | x |
| 2018-12-31 | ₩7301.79 | ₩7580.00 | x |
| 2019-12-31 | ₩8249.32 | ₩7580.00 | x |
| 2020-12-31 | ₩8675.67 | ₩7580.00 | x |
| 2021-12-31 | ₩8392.10 | ₩7580.00 | x |
| 2022-12-31 | ₩8218.21 | ₩7580.00 | x |
| 2023-12-31 | ₩8679.72 | ₩7580.00 | x |
| 2024-12-31 | ₩9853.03 | ₩7580.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MNtech 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): 7.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.55%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 2.14x
- Recent ROE (7.90%) is above the historical average (4.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 6.46% | 5.11% | 0.71x | 1.77x | ₩-3.90 Billion |
| 2009 | 17.72% | 10.10% | 1.07x | 1.65x | ₩11.81 Billion |
| 2010 | 12.14% | 7.46% | 1.02x | 1.60x | ₩3.69 Billion |
| 2011 | 4.71% | 2.91% | 1.02x | 1.58x | ₩-8.97 Billion |
| 2012 | 13.91% | 8.05% | 0.97x | 1.79x | ₩7.55 Billion |
| 2014 | -28.99% | -17.84% | 0.81x | 1.99x | ₩-53.53 Billion |
| 2015 | 0.45% | 0.27% | 0.81x | 2.10x | ₩-13.05 Billion |
| 2016 | 0.76% | 0.33% | 1.05x | 2.20x | ₩-12.53 Billion |
| 2017 | 6.84% | 3.53% | 0.99x | 1.96x | ₩-4.59 Billion |
| 2018 | 4.20% | 2.18% | 0.92x | 2.10x | ₩-8.37 Billion |
| 2019 | 0.55% | 0.29% | 0.92x | 2.05x | ₩-14.56 Billion |
| 2020 | 11.71% | 5.29% | 1.13x | 1.95x | ₩3.11 Billion |
| 2021 | 10.00% | 4.85% | 1.09x | 1.89x | ₩-7.40 Million |
| 2022 | -3.72% | -1.61% | 1.00x | 2.30x | ₩-29.15 Billion |
| 2023 | -0.51% | -0.17% | 1.11x | 2.61x | ₩-25.14 Billion |
| 2024 | 7.90% | 3.55% | 1.04x | 2.14x | ₩-5.88 Billion |
Industry Comparison
This section compares MNtech 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: $97,561,203,359
- Average return on equity (ROE) among peers: -21.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MNtech Co. Ltd (095500) | ₩323.53 Billion | 6.46% | 0.98x | $102.65 Million |
| SANGBO Corp (027580) | $60.53 Billion | -17.35% | 1.89x | $35.97 Million |
| Inzi Display Co.Ltd (037330) | $184.57 Billion | 2.65% | 1.69x | $26.72 Million |
| BioSmart Co.Ltd (038460) | $105.47 Billion | 21.00% | 0.74x | $37.57 Million |
| e-LITECOM CO. Ltd (041520) | $212.37 Billion | 3.90% | 0.23x | $74.17 Million |
| CoAsia Corporation (045970) | $57.71 Billion | -45.28% | 6.11x | $52.30 Million |
| Powerlogics Co. Ltd (047310) | $71.43 Billion | 0.00% | 3.78x | $93.31 Million |
| Phoenix Materials Co. Ltd (050090) | $15.06 Billion | -13.37% | 0.26x | $27.10 Million |
| CammSys Corp (050110) | $54.91 Billion | -33.25% | 3.56x | $46.82 Million |
| STCube Inc (052020) | $16.16 Billion | -133.19% | 0.60x | $202.35 Million |
| Amotech Co. Ltd (052710) | $197.40 Billion | 3.61% | 1.00x | $191.21 Million |
About MNtech Co. Ltd
MNTech Co., Ltd. manufactures and sells optical films for LCD displays in South Korea. It offers display films and plates; ITO and metal mesh touchscreen solutions; window films for vehicles and buildings; and traffic signage and vehicle safety reflective sheeting. The company was founded in 2002 and is based in Cheongju, South Korea.