Corentec Co Ltd (104540) - Net Assets

Latest as of September 2025: ₩85.14 Billion KRW ≈ $57.70 Million USD

Based on the latest financial reports, Corentec Co Ltd (104540) has net assets worth ₩85.14 Billion KRW (≈ $57.70 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 (₩175.16 Billion ≈ $118.70 Million USD) and total liabilities (₩90.03 Billion ≈ $61.01 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 Corentec Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩85.14 Billion
% of Total Assets	48.6%
Annual Growth Rate	11.21%
5-Year Change	55.1%
10-Year Change	27.92%
Growth Volatility	40.65

Corentec Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Corentec Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 104540 total assets for the complete picture of this company's asset base.

Annual Net Assets for Corentec Co Ltd (2012–2024)

The table below shows the annual net assets of Corentec Co Ltd from 2012 to 2024. For live valuation and market cap data, see 104540 market cap.

Year	Net Assets	Change
2024-12-31	₩71.98 Billion ≈ $48.78 Million	-16.42%
2023-12-31	₩86.12 Billion ≈ $58.36 Million	+30.99%
2022-12-31	₩65.75 Billion ≈ $44.56 Million	+16.09%
2021-12-31	₩56.63 Billion ≈ $38.38 Million	+22.04%
2020-12-31	₩46.41 Billion ≈ $31.45 Million	+55.00%
2019-12-31	₩29.94 Billion ≈ $20.29 Million	+24.30%
2018-12-31	₩24.09 Billion ≈ $16.32 Million	-55.66%
2017-12-31	₩54.32 Billion ≈ $36.81 Million	-9.74%
2016-12-31	₩60.18 Billion ≈ $40.79 Million	+6.96%
2015-12-31	₩56.27 Billion ≈ $38.13 Million	+16.49%
2014-12-31	₩48.30 Billion ≈ $32.73 Million	+8.59%
2013-12-31	₩44.48 Billion ≈ $30.15 Million	+121.13%
2012-12-31	₩20.12 Billion ≈ $13.63 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Corentec 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 decreased by 4630512829000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	₩6.39 Billion	8.88%
Other Components	₩111.89 Billion	155.45%
Total Equity	₩71.98 Billion	100.00%

Corentec Co Ltd Competitors by Market Cap

The table below lists competitors of Corentec Co Ltd ranked by their market capitalization.

Company	Market Cap
Nam Liong Global Corp TWO:5450	$50.52 Million
Bingshan Refrigeration and Heat Transfer Technologies Co Ltd SHE:200530	$50.56 Million
Poh Huat Resources Holdings KLSE:7088	$50.56 Million
Leviathan Gold Ltd V:LVX	$50.56 Million
Birla Cable Limited NSE:BIRLACABLE	$50.51 Million
IRSA Propiedades Comerciales S.A BA:IRCP	$50.48 Million
Suparma Tbk JK:SPMA	$50.46 Million
Entera Bio Ltd NASDAQ:ENTX	$50.44 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Corentec Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 73,766,689,410 to 71,976,714,930, a change of -1,789,974,480 (-2.4%).
Net loss of 2,584,908,750 reduced equity.
Dividend payments of 931,489,490 reduced retained earnings.
Share repurchases of 159,995,570 reduced equity.
New share issuances of 159,996,000 increased equity.
Other factors increased equity by 1,726,423,330.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩-2.58 Billion	-3.59%
Dividends Paid	₩931.49 Million	-1.29%
Share Repurchases	₩160.00 Million	-0.22%
Share Issuances	₩160.00 Million	+0.22%
Other Changes	₩1.73 Billion	+2.4%
Total Change	₩-	-2.43%

Book Value vs Market Value Analysis

This analysis compares Corentec 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: 1.04x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	₩6056.56	₩5830.00	x
2017-12-31	₩5466.35	₩5830.00	x
2018-12-31	₩2423.83	₩5830.00	x
2019-12-31	₩2827.80	₩5830.00	x
2020-12-31	₩3991.63	₩5830.00	x
2021-12-31	₩4787.52	₩5830.00	x
2022-12-31	₩5324.31	₩5830.00	x
2023-12-31	₩5782.28	₩5830.00	x
2024-12-31	₩5629.45	₩5830.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Corentec 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): -3.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.76%
• Asset Turnover: 0.50x
• Equity Multiplier: 2.59x
Recent ROE (-3.59%) is above the historical average (-8.71%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	2.40%	2.07%	0.60x	1.93x	₩-1.53 Billion
2013	7.53%	11.85%	0.47x	1.35x	₩-1.10 Billion
2014	-3.04%	-5.52%	0.38x	1.46x	₩-6.30 Billion
2015	-1.53%	-2.83%	0.42x	1.27x	₩-6.49 Billion
2016	0.77%	1.30%	0.37x	1.59x	₩-5.55 Billion
2017	-13.58%	-19.50%	0.38x	1.85x	₩-12.81 Billion
2018	-123.57%	-89.10%	0.52x	2.67x	₩-32.17 Billion
2019	8.37%	6.23%	0.64x	2.10x	₩-488.30 Million
2020	3.39%	3.89%	0.42x	2.07x	₩-3.07 Billion
2021	1.35%	1.71%	0.38x	2.10x	₩-4.90 Billion
2022	2.71%	2.79%	0.37x	2.61x	₩-4.79 Billion
2023	5.50%	4.41%	0.49x	2.54x	₩-3.32 Billion
2024	-3.59%	-2.76%	0.50x	2.59x	₩-9.78 Billion

Industry Comparison

This section compares Corentec Co Ltd's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

Industry: Medical Devices
Average net assets among peers: $108,553,587,121
Average return on equity (ROE) among peers: -3.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Corentec Co Ltd (104540)	₩85.14 Billion	2.40%	1.06x	$50.52 Million
Shinhung (004080)	$77.28 Billion	1.29%	0.82x	$88.63 Million
HansBiomed Corporation (042520)	$33.89 Billion	-92.49%	2.73x	$258.75 Million
JVM Co. Ltd (054950)	$104.90 Billion	4.97%	0.55x	$195.14 Million
Huvitz Co. Ltd (065510)	$78.68 Billion	3.95%	0.79x	$58.02 Million
Vieworks Co. Ltd (100120)	$126.17 Billion	15.56%	0.09x	$165.07 Million
Humasis Co. Ltd (205470)	$346.73 Billion	52.67%	0.35x	$61.42 Million
NH SPAC 2 (206640)	$151.09 Billion	29.36%	0.27x	$169.86 Million
Hana Must SPAC 2 (208370)	$26.92 Billion	-55.25%	0.69x	$75.64 Million
DRTECH Corporation (214680)	$31.33 Billion	3.98%	0.59x	$98.45 Million

About Corentec Co Ltd

KQ:104540 Korea Medical Devices

Market Cap

$50.52 Million

₩74.54 Billion KRW

Market Cap Rank

#21847 Global

#1436 in Korea

Share Price

₩5830.00

Change (1 day)

-2.35%

52-Week Range

₩4980.00 - ₩7160.00

All Time High

₩18150.00