TES Co. Ltd Net Assets
TES Co. Ltd net assets. Based on the latest financial reports, TES Co. Ltd (095610) has net assets worth ₩410.03 Billion KRW (≈ $277.87 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 (₩538.50 Billion ≈ $364.93 Million USD) and total liabilities (₩128.46 Billion ≈ $87.06 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 095610 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩410.03 Billion |
| % of Total Assets | 76.14% |
| Annual Growth Rate | 16.26% |
| 5-Year Change | 32.82% |
| 10-Year Change | 164.45% |
| Growth Volatility | 15.67 |
Net Assets of TES Co. Ltd (2013–2025)
Net assets of TES Co. Ltd from 2013 to 2025. This chart illustrates how TES Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 095610 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for TES Co. Ltd (2013–2025)
The table below shows the annual net assets of TES Co. Ltd from 2013 to 2025. For live market cap and overall valuation, see market value of TES Co. Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩391.75 Billion ≈ $265.49 Million |
+18.52% |
| 2024-12-31 | ₩330.54 Billion ≈ $224.00 Million |
+10.59% |
| 2023-12-31 | ₩298.90 Billion ≈ $202.56 Million |
-2.53% |
| 2022-12-31 | ₩306.67 Billion ≈ $207.83 Million |
+3.98% |
| 2021-12-31 | ₩294.95 Billion ≈ $199.88 Million |
+24.71% |
| 2020-12-31 | ₩236.50 Billion ≈ $160.27 Million |
+10.04% |
| 2019-12-31 | ₩214.92 Billion ≈ $145.65 Million |
+1.17% |
| 2018-12-31 | ₩212.43 Billion ≈ $143.96 Million |
+12.03% |
| 2017-12-31 | ₩189.62 Billion ≈ $128.50 Million |
+28.00% |
| 2016-12-31 | ₩148.14 Billion ≈ $100.39 Million |
+57.46% |
| 2015-12-31 | ₩94.08 Billion ≈ $63.76 Million |
+12.03% |
| 2014-12-31 | ₩83.98 Billion ≈ $56.91 Million |
+30.74% |
| 2013-12-31 | ₩64.24 Billion ≈ $43.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TES 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 51423.8% over the analyzed period, indicating profitable operations and earnings retention.
TES Co. Ltd Net Assets Breakdown (December 2025)
TES Co. Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩356.34 Billion | 90.96% |
| Other Components | ₩35.42 Billion | 9.04% |
| Total Equity | ₩391.75 Billion | 100.00% |
TES Co. Ltd Competitors by Market Cap
The table below lists competitors of TES Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MicroPort Scientific Corporation
F:MSK
|
$1.45 Billion |
|
FAP Agri Tbk PT
JK:FAPA
|
$1.45 Billion |
|
Allient Inc.
NASDAQ:ALNT
|
$1.46 Billion |
|
Harbin Hatou Investment Co Ltd
SHG:600864
|
$1.46 Billion |
|
Telecom Argentina SA ADR
NYSE:TEO
|
$1.45 Billion |
|
Offcn Education Technology Co Ltd
SHE:002607
|
$1.45 Billion |
|
Adecoagro S.A
F:ACD
|
$1.45 Billion |
|
Grand City Properties SA
XETRA:GYC
|
$1.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TES Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 330,537,992,250 to 391,753,766,500, a change of 61,215,774,250 (18.5%).
- Net income of 56,917,796,570 contributed positively to equity growth.
- Dividend payments of 10,524,735,600 reduced retained earnings.
- Other factors increased equity by 14,822,713,280.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩56.92 Billion | +14.53% |
| Dividends Paid | ₩10.52 Billion | -2.69% |
| Other Changes | ₩14.82 Billion | +3.78% |
| Total Change | ₩- | 18.52% |
Book Value vs Market Value Analysis
This analysis compares TES 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: 4.86x
- 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 14.21x to 4.86x 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 | ₩7634.63 | ₩108500.00 | x |
| 2017-12-31 | ₩9731.06 | ₩108500.00 | x |
| 2018-12-31 | ₩11072.35 | ₩108500.00 | x |
| 2019-12-31 | ₩11202.02 | ₩108500.00 | x |
| 2020-12-31 | ₩12520.58 | ₩108500.00 | x |
| 2021-12-31 | ₩15906.45 | ₩108500.00 | x |
| 2022-12-31 | ₩16919.13 | ₩108500.00 | x |
| 2023-12-31 | ₩17039.78 | ₩108500.00 | x |
| 2024-12-31 | ₩18843.49 | ₩108500.00 | x |
| 2025-12-31 | ₩22333.32 | ₩108500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TES 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): 14.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.21%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.24x
- Recent ROE (14.53%) is below the historical average (14.91%), 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 | 7.76% | 7.43% | 0.73x | 1.43x | ₩-1.44 Billion |
| 2014 | 17.47% | 13.36% | 0.99x | 1.32x | ₩6.27 Billion |
| 2015 | 13.34% | 12.51% | 0.83x | 1.28x | ₩3.15 Billion |
| 2016 | 21.14% | 17.50% | 0.97x | 1.25x | ₩16.50 Billion |
| 2017 | 28.65% | 19.70% | 1.14x | 1.28x | ₩35.36 Billion |
| 2018 | 19.96% | 14.77% | 1.19x | 1.14x | ₩21.16 Billion |
| 2019 | 4.54% | 5.47% | 0.72x | 1.15x | ₩-11.74 Billion |
| 2020 | 12.69% | 12.20% | 0.89x | 1.16x | ₩6.37 Billion |
| 2021 | 25.09% | 19.72% | 1.11x | 1.14x | ₩44.49 Billion |
| 2022 | 15.25% | 13.06% | 1.06x | 1.10x | ₩16.10 Billion |
| 2023 | 0.52% | 1.07% | 0.46x | 1.08x | ₩-28.32 Billion |
| 2024 | 12.90% | 17.77% | 0.63x | 1.15x | ₩9.60 Billion |
| 2025 | 14.53% | 16.21% | 0.72x | 1.24x | ₩17.74 Billion |
Industry Comparison
This section compares TES Co. Ltd's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $149,767,454,258
- Average return on equity (ROE) among peers: -5.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TES Co. Ltd (095610) | ₩410.03 Billion | 7.76% | 0.31x | $1.45 Billion |
| PSK HOLDINGS Inc (031980) | $251.54 Billion | 18.53% | 0.22x | $687.43 Million |
| Fidelix Co. Ltd (032580) | $47.55 Billion | -4.64% | 0.19x | $109.85 Million |
| Cloud Air Co.Ltd (036170) | $88.31 Billion | -15.60% | 0.16x | $49.48 Million |
| UNISEM Co. Ltd (036200) | $214.38 Billion | 8.50% | 0.14x | $167.70 Million |
| JUSUNG ENGINEERING Co. Ltd (036930) | $566.59 Billion | 18.85% | 0.74x | $5.40 Billion |
| Lumens Co. Ltd (038060) | $73.72 Billion | -37.13% | 1.48x | $25.04 Million |
| iA Inc (038880) | $27.41 Billion | 1.87% | 1.07x | $463.83 Million |
| meerecompany Incorporated (049950) | $96.75 Billion | -14.96% | 0.26x | $44.19 Million |
| I&C Technology Co. Ltd (052860) | $29.80 Billion | -40.06% | 0.72x | $72.72 Million |
| KMH Hitech Co. Ltd (052900) | $101.62 Billion | 4.69% | 0.78x | $31.29 Million |
About TES Co. Ltd
TES Co., Ltd. manufactures and sells semiconductors, displays, and compound semiconductor equipment. It offers PECVD, dry cleaning, and single LPCVD products for semiconductors; display and OLED pathfinder series products; and HESTIA series products for optoelectronics. The company was founded in 2002 and is headquartered in Yongin, South Korea.